XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jul. 02, 2016
Apr. 02, 2016
Jun. 27, 2015
Mar. 28, 2015
Jul. 02, 2016
Jun. 27, 2015
Income Statement [Abstract]            
Net sales $ 4,724.8   $ 4,635.1   $ 9,387.7 $ 9,156.5
Cost of sales 4,184.4   4,184.9   8,311.6 8,280.6
Selling, general and administrative expenses 154.3   151.5   303.3 303.2
Amortization of intangible assets 13.3   13.2   26.5 26.5
Interest expense 20.3   20.5   41.4 44.9
Other (income) expense, net (23.5)   8.7   (15.0) 38.7
Consolidated income before provision for income taxes and equity in net income of affiliates 376.0   256.3   719.9 462.6
Provision for income taxes 101.0   71.9   199.2 134.8
Equity in net income of affiliates (19.5)   (8.5)   (36.3) (21.8)
Consolidated net income 294.5   192.9   557.0 349.6
Less: Net income attributable to noncontrolling interests 12.1   11.0   26.2 20.4
Net income attributable to Lear $ 282.4   $ 181.9   $ 530.8 $ 329.2
Basic net income per share attributable to Lear (in dollars per share) $ 3.85   $ 2.35   $ 7.17 $ 4.23
Diluted net income per share attributable to Lear (in dollars per share) 3.82   2.33   7.11 4.19
Cash dividends declared per share (in dollars per share) $ 0.30 $ 0.30 $ 0.25 $ 0.25 $ 0.6 $ 0.5
Average common shares outstanding (in shares) 73,322,857   77,478,053   74,013,593 77,855,641
Average diluted shares outstanding (in shares) 73,864,457   78,076,247   74,678,147 78,566,649
Consolidated comprehensive income $ 238.5   $ 222.5   $ 570.7 $ 251.3
Less: Comprehensive income attributable to noncontrolling interests 9.3   11.0   23.6 20.3
Comprehensive income attributable to Lear $ 229.2   $ 211.5   $ 547.1 $ 231.0