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Net Income Per Share Attributable to Lear (Tables)
9 Months Ended
Sep. 29, 2018
Earnings Per Share [Abstract]  
Summary of Information Used to Compute Basic and Diluted Net Income Per Share
A summary of information used to compute basic and diluted net income per share available to Lear common stockholders is shown below (in millions, except share and per share data):
 
Three Months Ended
 
Nine Months Ended
 
September 29,
2018
 
September 30,
2017
 
September 29,
2018
 
September 30,
2017
Net income attributable to Lear
$
252.5

 
$
295.2

 
$
937.6

 
$
912.9

Less: Redeemable noncontrolling interest adjustment
(2.3
)
 
(22.7
)
 
(16.9
)
 
(22.7
)
Net income available to Lear common stockholders
$
250.2

 
$
272.5

 
$
920.7

 
$
890.2

 
 
 
 
 
 
 
 
Average common shares outstanding
65,372,829

 
68,061,718

 
66,256,800

 
68,874,682

Dilutive effect of common stock equivalents
495,831

 
772,561

 
453,128

 
662,126

Average diluted shares outstanding
65,868,660

 
68,834,279

 
66,709,928

 
69,536,808

 
 
 
 
 
 
 
 
Basic net income per share available to Lear common stockholders
$
3.83

 
$
4.00

 
$
13.90

 
$
12.92

 
 
 
 
 
 
 
 
Diluted net income per share available to Lear common stockholders
$
3.80

 
$
3.96

 
$
13.80

 
$
12.80