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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Cash Flows from Operating Activities:    
Consolidated net income $ 1,003.9 $ 960.5
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 361.8 313.2
Net change in recoverable customer engineering, development and tooling (8.5) (37.4)
Loss on extinguishment of debt 0.0 21.2
Net change in working capital items (see below) (328.8) (31.0)
Other, net (6.8) (42.2)
Net cash provided by operating activities 1,021.6 1,184.3
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (492.7) (430.2)
Acquisition 0.0 (286.8)
Other, net (18.5) 16.9
Net cash used in investing activities (511.2) (700.1)
Credit agreement borrowings 0.0 250.0
Short-term borrowings, net 5.6 (7.2)
Proceeds from the issuance of senior notes 0.0 744.7
Repurchase of senior notes 0.0 (517.0)
Payment of debt issuance and other financing costs 0.0 (11.7)
Repurchase of common stock (488.1) (332.2)
Dividends paid to Lear Corporation stockholders (142.1) (104.4)
Dividends paid to noncontrolling interests (64.3) (42.7)
Other, net (59.6) (56.6)
Net cash used in financing activities (753.2) (545.8)
Effect of foreign currency translation (32.7) 43.7
Net Change in Cash, Cash Equivalents and Restricted Cash (275.5) (17.9)
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period 1,500.4 1,271.6
Cash, Cash Equivalents and Restricted Cash as of End of Period 1,224.9 1,253.7
Changes in Working Capital Items:    
Accounts receivable (173.1) (280.6)
Inventories (117.5) (114.7)
Accounts payable (33.2) 245.6
Accrued liabilities and other (5.0) 118.7
Net change in working capital items (328.8) (31.0)
Supplementary Disclosure:    
Cash paid for interest 93.7 91.6
Cash paid for income taxes, net of refunds received 225.1 224.9
New credit agreement    
Credit agreement repayments (4.7) 0.0
Prior credit agreement    
Credit agreement repayments $ 0.0 $ (468.7)