XML 16 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 30, 2019
[1]
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 1,199.4 $ 1,493.2
Accounts receivable 3,468.8 2,880.3
Inventories 1,200.5 1,196.8
Other 728.9 710.2
Total current assets 6,597.6 6,280.5
LONG-TERM ASSETS:    
Property, plant and equipment, net 2,593.3 2,598.1
Goodwill 1,406.3 1,405.3
Other 1,764.8 1,316.8
Total long-term assets 5,764.4 5,320.2
Total assets 12,362.0 11,600.7
CURRENT LIABILITIES:    
Short-term borrowings 14.9 9.9
Accounts payable and drafts 3,094.4 2,862.8
Accrued liabilities 1,791.3 1,615.0
Current portion of long-term debt 13.8 12.9
Total current liabilities 4,914.4 4,500.6
LONG-TERM LIABILITIES:    
Long-term debt 1,938.6 1,941.0
Other 958.7 640.4
Total long-term liabilities 2,897.3 2,581.4
Redeemable noncontrolling interest 156.6 158.1
EQUITY:    
Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding 0.0 0.0
Common stock, $0.01 par value, 300,000,000 shares authorized; 64,563,291 shares issued as of March 30, 2019 and December 31, 2018 0.6 0.6
Additional paid-in capital 961.5 1,017.4
Common stock held in treasury, 2,147,928 and 1,623,678 shares as of March 30, 2019 and December 31, 2018, respectively, at cost (305.6) (225.1)
Retained earnings 4,300.3 4,113.6
Accumulated other comprehensive loss (711.5) (705.8)
Lear Corporation stockholders’ equity 4,245.3 4,200.7
Noncontrolling interests 148.4 159.9
Equity 4,393.7 4,360.6
Total liabilities and equity $ 12,362.0 $ 11,600.7
[1] Unaudited.