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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Sep. 30, 2017
Oct. 01, 2016
Income Statement [Abstract]        
Net sales $ 4,981.5 $ 4,526.4 $ 15,103.2 $ 13,914.1
Cost of sales 4,425.6 4,012.5 13,387.0 12,324.1
Selling, general and administrative expenses 158.2 153.6 471.1 456.9
Amortization of intangible assets 12.5 15.2 34.1 41.7
Interest expense 21.7 20.6 63.9 62.0
Other (income) expense, net (21.8) 14.2 (12.3) (0.8)
Consolidated income before provision for income taxes and equity in net income of affiliates 385.3 310.3 1,159.4 1,030.2
Provision for income taxes 77.8 88.2 240.2 287.4
Equity in net income of affiliates (7.5) (12.9) (41.3) (49.2)
Consolidated net income 315.0 235.0 960.5 792.0
Less: Net income attributable to noncontrolling interests 19.8 20.6 47.6 46.8
Net income attributable to Lear $ 295.2 $ 214.4 $ 912.9 $ 745.2
Basic net income per share available to Lear common stockholders (in dollars per share) $ 4.00 $ 3.01 $ 12.92 $ 10.19
Diluted net income per share available to Lear common stockholders (in dollars per share) 3.96 2.98 12.80 10.10
Cash dividends declared per share (in dollars per share) $ 0.50 $ 0.30 $ 1.50 $ 0.90
Average common shares outstanding (in shares) 68,061,718 71,259,766 68,874,682 73,102,327
Average diluted shares outstanding (in shares) 68,834,279 72,052,270 69,536,808 73,809,220
Consolidated comprehensive income $ 392.3 $ 245.3 $ 1,265.4 $ 816.0
Less: Comprehensive income attributable to noncontrolling interests 22.6 20.6 53.7 44.2
Comprehensive income attributable to Lear $ 369.7 $ 224.7 $ 1,211.7 $ 771.8