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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 01, 2016
 [1]
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 1,341.6 $ 1,196.6
Accounts receivable 3,109.5 2,590.0
Inventories 1,063.0 947.6
Other 539.7 552.4
Total current assets 6,053.8 5,286.6
LONG-TERM ASSETS:    
Property, plant and equipment, net 1,920.9 1,826.5
Goodwill 1,069.4 1,053.8
Other 1,233.3 1,238.9
Total long-term assets 4,223.6 4,119.2
Total assets 10,277.4 9,405.8
CURRENT LIABILITIES:    
Short-term borrowings 8.7 0.0
Accounts payable and drafts 2,773.2 2,504.4
Accrued liabilities 1,668.8 1,312.1
Current portion of long-term debt 32.6 23.1
Total current liabilities 4,483.3 3,839.6
LONG-TERM LIABILITIES:    
Long-term debt 1,907.3 1,931.7
Other 643.8 616.8
Total long-term liabilities 2,551.1 2,548.5
EQUITY:    
Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding 0.0 0.0
Common stock, $0.01 par value, 300,000,000 shares authorized; 80,563,291 shares issued as of October 1, 2016 and December 31, 2015 0.8 0.8
Additional paid-in capital 1,377.8 1,451.9
Common stock held in treasury, 10,340,145 and 6,099,078 shares as of October 1, 2016 and December 31, 2015, respectively, at cost (1,099.9) (623.0)
Retained earnings 3,503.3 2,827.8
Accumulated other comprehensive loss (703.5) (730.1)
Lear Corporation stockholders’ equity 3,078.5 2,927.4
Noncontrolling interests 164.5 90.3
Equity 3,243.0 3,017.7
Total liabilities and equity $ 10,277.4 $ 9,405.8
[1] Unaudited.