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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 03, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 1,250.4 $ 1,487.7
Accounts receivable 3,386.8 2,982.6
Inventories 1,265.6 1,258.2
Other 695.7 678.2
Total current assets 6,598.5 6,406.7
LONG-TERM ASSETS:    
Property, plant and equipment, net 2,627.3 2,704.2
Goodwill 1,629.0 1,614.3
Other 2,039.9 1,955.5
Total long-term assets 6,296.2 6,274.0
Total assets 12,894.7 12,680.7
CURRENT LIABILITIES:    
Short-term borrowings 4.4 19.2
Accounts payable and drafts 2,943.4 2,821.7
Accrued liabilities 2,087.8 1,811.2
Current portion of long-term debt 18.9 14.1
Total current liabilities 5,054.5 4,666.2
LONG-TERM LIABILITIES:    
Long-term debt 2,299.8 2,293.7
Other 1,145.0 1,101.3
Total long-term liabilities 3,444.8 3,395.0
Redeemable noncontrolling interest 119.3 118.4
EQUITY:    
Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding
Common stock, $0.01 par value, 300,000,000 shares authorized; 64,563,291 shares issued as of October 3, 2020 and December 31, 2019 0.6 0.6
Additional paid-in capital 957.5 969.1
Common stock held in treasury, 4,577,977 and 4,127,806 shares as of October 3, 2020 and December 31, 2019, respectively, at cost (606.3) (563.1)
Retained earnings 4,620.7 4,715.8
Accumulated other comprehensive loss (839.7) (772.7)
Lear Corporation stockholders’ equity 4,132.8 4,349.7
Noncontrolling interests 143.3 151.4
Equity 4,276.1 4,501.1
Total liabilities and equity $ 12,894.7 $ 12,680.7