XML 20 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Net sales $ 21,148.5 $ 20,467.0 $ 18,557.6
Cost of sales 18,830.2 18,175.9 16,435.0
Selling, general and administrative expenses 612.8 635.2 608.2
Amortization of intangible assets 51.4 47.6 53.0
Interest expense 84.1 85.7 82.5
Other (income) expense, net 31.6 (4.1) 40.6
Consolidated income before provision for income taxes and equity in net income of affiliates 1,538.4 1,526.7 1,338.3
Provision for income taxes 311.9 197.5 370.2
Equity in net income of affiliates (20.2) (51.7) (72.4)
Consolidated net income 1,246.7 1,380.9 1,040.5
Less: Net income attributable to noncontrolling interests 96.9 67.5 65.4
Net income attributable to Lear $ 1,149.8 $ 1,313.4 $ 975.1
Basic net income per share available to Lear common stockholders (in dollars per share) $ 17.35 $ 18.79 $ 13.48
Diluted net income per share available to Lear common stockholders (in dollars per share) $ 17.22 $ 18.59 $ 13.33
Average common shares outstanding (in shares) 65,672,164 68,542,363 72,345,436
Average diluted shares outstanding (in shares) 66,161,816 69,277,981 73,124,949