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Net Income Per Share Attributable to Lear (Tables)
 9 Months Ended
Sep. 28, 2019
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 28,
2019
 
September 29,
2018
 
September 28,
2019
 
September 29,
2018
Net income attributable to Lear
$
215.9

 
$
252.5

 
$
627.6

 
$
937.6

Redeemable noncontrolling interest adjustment
3.6

 
(2.3
)
 
9.4

 
(16.9
)
Net income available to Lear common stockholders
$
219.5

 
$
250.2

 
$
637.0

 
$
920.7

 
 
 
 
 
 
 
 
Average common shares outstanding
61,133,723

 
65,372,829

 
62,042,156

 
66,256,800

Dilutive effect of common stock equivalents
196,363

 
495,831

 
220,747

 
453,128

Average diluted shares outstanding
61,330,086

 
65,868,660

 
62,262,903

 
66,709,928

 
 
 
 
 
 
 
 
Basic net income per share available to Lear common stockholders
$
3.59

 
$
3.83

 
$
10.27

 
$
13.90

 
 
 
 
 
 
 
 
Diluted net income per share available to Lear common stockholders
$
3.58

 
$
3.80

 
$
10.23

 
$
13.80