Investments in Affiliates and Other Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2017

Equity Method Investments and Joint Ventures [Abstract]

Beneficial Ownership, Summarized Financial Information, and Amounts Recorded in Consolidated Balance Sheet for Affiliates

The Company’s beneficial ownership in affiliates accounted for under the equity method is shown below:



December 31,	2017	2016	2015
Beijing BHAP Lear Automotive Systems Co., Ltd. (China)	50%	50%	50%
Dong Kwang Lear Yuhan Hoesa (Korea)	50	50	50
Industrias Cousin Freres, S.L. (Spain)	50	50	50
Jiangxi Jiangling Lear Interior Systems Co., Ltd. (China)	50	50	50
Lear Dongfeng Automotive Seating Co., Ltd. (China)	50	50	50
Changchun Lear FAWSN Automotive Electrical and Electronics Co., Ltd. (China)	49	49	49
Changchun Lear FAWSN Automotive Seat Systems Co., Ltd. (China)	49	49	49
Honduras Electrical Distribution Systems S. de R.L. de C.V. (Honduras)	49	49	49
Kyungshin-Lear Sales and Engineering LLC	49	49	49
eLumigen, LLC	46	46	30
Beijing Lear Dymos Automotive Systems Co., Ltd. (China)	40	40	40
Dymos Lear Automotive India Private Limited (India)	35	35	35
RevoLaze, LLC	20	20	20
HB Polymer Company, LLC	10	10	10
Shanghai Lear STEC Automotive Parts Co., Ltd. (China)	—	55	55
Beijing BAI Lear Automotive Systems Co., Ltd. (China)	—	—	50

Summarized group financial information for affiliates accounted for under the equity method as of December 31, 2017 and 2016, and for the years ended December 31, 2017, 2016 and 2015, is shown below (unaudited; in millions):



December 31,	2017		2016
Balance sheet data:
Current assets	$	961.4	$	1,011.0
Non-current assets	203.0		197.3
Current liabilities	813.0		850.5
Non-current liabilities	26.1		26.6



For the year ended December 31,	2017		2016		2015
Income statement data:
Net sales	$	2,000.4	$	2,186.4	$	2,087.8
Gross profit	172.8		200.6		155.5
Income before provision for income taxes	169.6		195.3		127.4
Net income attributable to affiliates	117.8		155.4		96.0

A summary of amounts recorded in the Company's consolidated balance sheets related to its affiliates is shown below (in millions):



December 31,	2017		2016
Aggregate investment in affiliates	$	146.5	$	153.5
Receivables due from affiliates (including notes and advances)	140.7		121.8
Payables due to affiliates	0.2		4.3

Summary of Transaction with Affiliates and Other Related Parties

A summary of transactions with affiliates accounted for under the equity method and other related parties is shown below (in millions):



For the year ended December 31,	2017		2016		2015
Sales to affiliates	$	499.9	$	147.0	$	198.5
Purchases from affiliates	9.5		17.8		26.3
Management and other fees for services provided to affiliates	26.6		25.3		36.8
Dividends received from affiliates	33.0		35.6		54.1

Summary of Fair Value of Assets Acquired and Liabilities Assumed

The purchase price and allocation are shown below (in millions):



Purchase price paid, net of cash acquired	$	148.5

Property, plant and equipment	$	10.5
Other assets purchased and liabilities assumed, net	6.5
Goodwill	78.5
Intangible assets	53.0
Purchase price allocation	$	148.5

The purchase price and preliminary allocation are shown below (in millions):



Net purchase price	$	292.4

Property, plant and equipment	$	79.2
Other assets purchased and liabilities assumed, net	(31.5		)
Goodwill	123.3
Intangible assets	121.4
Preliminary purchase price allocation	$	292.4

A summary of the fair value of the assets acquired and liabilities assumed in conjunction with the transaction is shown below (in millions):



Property, plant and equipment	$	20.7
Other assets and liabilities assumed, net	42.1
Goodwill	7.2
Intangible assets	34.0
	$	104.0

A preliminary summary of the fair value of the assets acquired and liabilities assumed in conjunction with the transaction is shown below (in millions):



Property, plant and equipment	$	16.2
Other assets and liabilities assumed, net	42.4
Goodwill	94.4
Intangible assets	66.0
	$	219.0