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Net Income Per Share Attributable to Lear (Tables)
6 Months Ended
Jul. 02, 2016
Earnings Per Share [Abstract]  
Summary of Information Used to Compute Basic and Diluted Net Income Per Share
A summary of information used to compute basic and diluted net income per share attributable to Lear is shown below (in millions, except share and per share data):
 
Three Months Ended
 
Six Months Ended
 
July 2,
2016
 
June 27,
2015
 
July 2,
2016
 
June 27,
2015
Net income attributable to Lear
$
282.4

 
$
181.9

 
$
530.8

 
$
329.2

 
 
 
 
 
 
 
 
Average common shares outstanding
73,322,857

 
77,478,053

 
74,013,593

 
77,855,641

Dilutive effect of common stock equivalents
541,600

 
598,194

 
664,554

 
711,008

Average diluted shares outstanding
73,864,457

 
78,076,247

 
74,678,147

 
78,566,649

 
 
 
 
 
 
 
 
Basic net income per share attributable to Lear
$
3.85

 
$
2.35

 
$
7.17

 
$
4.23

 
 
 
 
 
 
 
 
Diluted net income per share attributable to Lear
$
3.82

 
$
2.33

 
$
7.11

 
$
4.19