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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Oct. 02, 2021
Oct. 03, 2020
Oct. 02, 2021
Oct. 03, 2020
Income Statement [Abstract]        
Net sales $ 4,268.2 $ 4,900.1 $ 14,383.3 $ 11,802.3
Cost of sales 4,041.5 4,457.3 13,262.4 11,152.7
Selling, general and administrative expenses 163.3 147.7 503.0 442.3
Amortization of intangible assets 15.8 16.3 57.4 49.4
Interest expense 22.6 26.5 67.2 78.1
Other (income) expense, net 11.1 17.1 (28.7) 54.4
Consolidated income before provision for income taxes and equity in net (income) loss of affiliates 13.9 235.2 522.0 25.4
Provision for income taxes 20.9 44.6 119.1 30.1
Equity in net (income) loss of affiliates 1.7 (6.5) (9.1) (15.9)
Consolidated net income (loss) (8.7) 197.1 412.0 11.2
Less: Net income attributable to noncontrolling interests 17.8 22.7 59.6 54.3
Net income (loss) attributable to Lear $ (26.5) $ 174.4 $ 352.4 $ (43.1)
Basic net income (loss) per share available to Lear common stockholders (in dollars per share) $ (0.44) $ 2.90 $ 5.86 $ (0.72)
Diluted net income (loss) per share available to Lear common stockholders (in dollars per share) (0.44) 2.89 5.83 (0.72)
Cash dividends declared per share (in dollars per share) $ 0.50 $ 0 $ 1.00 $ 0.77
Average common shares outstanding (in shares) 59,906,531 60,159,356 60,171,402 60,260,886
Average diluted shares outstanding (in shares) 59,906,531 60,330,941 60,463,401 60,260,886
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity) $ (83.0) $ 290.7 $ 315.8 $ (49.2)
Less: Comprehensive income attributable to noncontrolling interests 18.3 33.0 60.9 60.9
Comprehensive income (loss) attributable to Lear $ (101.3) $ 257.7 $ 254.9 $ (110.1)