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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 04, 2020
 [1]
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 2,449.1 $ 1,487.7
Accounts receivable 2,472.1 2,982.6
Inventories 1,324.3 1,258.2
Other 663.0 678.2
Total current assets 6,908.5 6,406.7
LONG-TERM ASSETS:    
Property, plant and equipment, net 2,608.4 2,704.2
Goodwill 1,592.2 1,614.3
Other 1,913.2 1,955.5
Total long-term assets 6,113.8 6,274.0
Total assets 13,022.3 12,680.7
CURRENT LIABILITIES:    
Short-term borrowings 9.6 19.2
Revolving credit facility borrowings 1,000.0 0.0
Accounts payable and drafts 2,496.5 2,821.7
Accrued liabilities 1,826.7 1,811.2
Current portion of long-term debt 15.7 14.1
Total current liabilities 5,348.5 4,666.2
LONG-TERM LIABILITIES:    
Long-term debt 2,306.8 2,293.7
Other 1,070.2 1,101.3
Total long-term liabilities 3,377.0 3,395.0
Redeemable noncontrolling interest 113.5 118.4
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 April 4, 2020 and December 31, 2019 0.6 0.6
Additional paid-in capital 946.0 969.1
Common stock held in treasury, 4,645,124 and 4,127,806 shares as of April 4, 2020 and December 31, 2019, respectively, at cost (615.6) (563.1)
Retained earnings 4,741.8 4,715.8
Accumulated other comprehensive loss (1,049.3) (772.7)
Lear Corporation stockholders’ equity 4,023.5 4,349.7
Noncontrolling interests 159.8 151.4
Equity 4,183.3 4,501.1
Total liabilities and equity $ 13,022.3 $ 12,680.7
[1]
Unaudited.