Quarterly Financial Data (unaudited)

(In millions, except per share data)



	Thirteen Weeks Ended
	April 1, 2017		July 1, 2017		September 30, 2017		December 31, 2017
Net sales	$	4,998.5	$	5,123.2	$	4,981.5	$	5,363.8
Gross profit	582.5		577.8		555.9		574.9
Consolidated net income	318.5		327.0		315.0		420.4
Net income attributable to Lear	305.8		311.9		295.2		400.5
Basic net income per share attributable to Lear	4.39		4.53		4.00		5.89
Diluted net income per share attributable to Lear	4.35		4.49		3.96		5.80

In the third quarter of 2017, the Company recognized a gain of $54.2 million related to obtaining control of an affiliate and a loss of $21.2 million related to the extinguishment of debt. In the first, second and third quarters of 2017, the Company recognized net tax benefits of $19.1 million, $35.3 million and $14.0 million, respectively, related to a change in accounting for share-based compensation, the reversal of valuation allowances, the redemption of the 2023 notes, restructuring charges and various other items. In the fourth quarter of 2017, the Company recognized net tax benefits of $146.4 million, comprised of $289.7 million of foreign tax credits on repatriated earnings and $30.2 million of other discrete tax benefits, offset by a $131.0 million one-time transition tax on accumulated foreign earnings and $42.5 million of tax expense to reflect the new U.S. corporate tax rate and other tax reform changes to the Company's deferred tax accounts.

For further information, see Note 5, "Investments in Affiliates and Other Related Party Transactions," Note 6, "Debt," and Note 7, "Income Taxes."



	Thirteen Weeks Ended
	April 2, 2016		July 2, 2016		October 1, 2016		December 31, 2016
Net sales	$	4,662.9	$	4,724.8	$	4,526.4	$	4,643.5
Gross profit	535.7		540.4		513.9		512.1
Consolidated net income	262.5		294.5		235.0		248.5
Net income attributable to Lear	248.4		282.4		214.4		229.9
Basic net income per share attributable to Lear	3.33		3.85		3.01		3.28
Diluted net income per share attributable to Lear	3.29		3.82		2.98		3.24

In the second quarter of 2016, the Company recognized a gain of $30.3 million related to obtaining control of an affiliate. In the fourth quarter of 2016, the Company recognized a $34.2 million non-cash settlement charge in connection with its lump-sum payout to certain terminated vested plan participants of its U.S. defined benefit pension plans. In the first, second, third and fourth quarters of 2016, the Company recognized $5.0 million, $7.1 million, $2.4 million and $9.1 million, respectively, of net tax benefits related to restructuring charges and various other items.

For further information see, Note 5, "Investments in Affiliates and Other Related Party Transactions," Note 7, "Income Taxes," and Note 8, "Pension and Other Postretirement Benefit Plans."