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Segment Reporting
 9 Months Ended
Oct. 01, 2016
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting
The Company has two reportable operating segments: seating, which includes complete seat systems and all major seat components, including seat covers and surface materials such as leather and fabric, seat structures and mechanisms, seat foam and headrests, and E-Systems (formerly electrical), which includes complete electrical distribution systems, electronic control modules and wireless communication modules. Key components in the electrical distribution system include wiring harnesses, terminals and connectors, junction boxes and high power components for hybrid and electric vehicles. The other category includes unallocated costs related to corporate headquarters, regional headquarters and the elimination of intercompany activities, none of which meets the requirements for being classified as an operating segment.
The Company evaluates the performance of its operating segments based primarily on (i) revenues from external customers, (ii) pretax income before equity in net income of affiliates, interest expense and other (income) expense, ("segment earnings") and (iii) cash flows, being defined as segment earnings less capital expenditures plus depreciation and amortization.
A summary of revenues from external customers and other financial information by reportable operating segment is shown below (in millions):
 
Three Months Ended October 1, 2016
 
Seating
 
E-Systems
 
Other
 
Consolidated
Revenues from external customers
$
3,513.3

 
$
1,013.1

 
$
—

 
$
4,526.4

Segment earnings (1)
269.5

 
140.3

 
(64.7
)
 
345.1

Depreciation and amortization
67.9

 
27.5

 
3.3

 
98.7

Capital expenditures
80.3

 
34.9

 
3.4

 
118.6

Total assets
6,348.8

 
1,746.6

 
2,182.0

 
10,277.4

 
Three Months Ended September 26, 2015
 
Seating
 
E-Systems
 
Other
 
Consolidated
Revenues from external customers
$
3,357.1

 
$
973.2

 
$
—

 
$
4,330.3

Segment earnings (1)
234.2

 
132.6

 
(64.2
)
 
302.6

Depreciation and amortization
60.2

 
25.4

 
2.4

 
88.0

Capital expenditures
75.6

 
26.7

 
12.5

 
114.8

Total assets
6,132.9

 
1,674.6

 
1,831.2

 
9,638.7

 
Nine Months Ended October 1, 2016
 
Seating
 
E-Systems
 
Other
 
Consolidated
Revenues from external customers
$
10,755.7

 
$
3,158.4

 
$
—

 
$
13,914.1

Segment earnings (1)
848.8

 
441.5

 
(198.9
)
 
1,091.4

Depreciation and amortization
193.8

 
80.5

 
9.1

 
283.4

Capital expenditures
204.6

 
79.5

 
16.2

 
300.3

Total assets
6,348.8

 
1,746.6

 
2,182.0

 
10,277.4

 
Nine Months Ended September 26, 2015
 
Seating
 
E-Systems
 
Other
 
Consolidated
Revenues from external customers
$
10,419.8

 
$
3,067.0

 
$
—

 
$
13,486.8

Segment earnings (1)
644.8

 
411.5

 
(207.5
)
 
848.8

Depreciation and amortization
177.1

 
73.6

 
6.7

 
257.4

Capital expenditures
232.5

 
75.5

 
19.7

 
327.7

Total assets
6,132.9

 
1,674.6

 
1,831.2

 
9,638.7

(1) 
See definition above.
In the three months ended October 1, 2016, segment earnings include restructuring charges of $7.8 million, $6.9 million and $0.2 million in the seating and E-Systems segments and in the other category, respectively. In the nine months ended October 1, 2016, segment earnings include restructuring charges of $30.8 million, $17.5 million and $2.9 million in the seating and E-Systems segments and in the other category, respectively (Note 2, "Restructuring").
In the three months ended September 26, 2015, segment earnings include restructuring charges of $4.3 million, $3.7 million and $6.9 million in the seating and E-Systems segments and in the other category, respectively. In the nine months ended September 26, 2015, segment earnings include restructuring charges of $47.3 million, $9.7 million and $14.7 million in the seating and E-Systems segments and in the other category, respectively (Note 2, "Restructuring").
A reconciliation of segment earnings to consolidated income before provision for income taxes and equity in net income of affiliates is shown below (in millions):
 
Three Months Ended
 
Nine Months Ended
 
October 1,
2016
 
September 26,
2015
 
October 1,
2016
 
September 26,
2015
Segment earnings
$
345.1

 
$
302.6

 
$
1,091.4

 
$
848.8

Interest expense
20.6

 
21.4

 
62.0

 
66.3

Other (income) expense, net
14.2

 
21.7

 
(0.8
)
 
60.4

Consolidated income before provision for income taxes and equity in net income of affiliates
$
310.3

 
$
259.5

 
$
1,030.2

 
$
722.1