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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 01, 2022
 [1]
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 842.2 $ 1,318.3
Accounts receivable 3,570.3 3,041.5
Inventories 1,594.1 1,571.9
Other 918.1 833.5
Total current assets 6,924.7 6,765.2
LONG-TERM ASSETS:    
Property, plant and equipment, net 2,704.9 2,720.1
Goodwill 1,604.8 1,657.9
Other 2,144.8 2,209.2
Total long-term assets 6,454.5 6,587.2
Total assets 13,379.2 13,352.4
CURRENT LIABILITIES:    
Short-term borrowings 3.9 0.0
Accounts payable and drafts 3,278.0 2,952.4
Accrued liabilities 1,906.7 1,806.7
Current portion of long-term debt 1.2 0.8
Total current liabilities 5,189.8 4,759.9
LONG-TERM LIABILITIES:    
Long-term debt 2,600.5 2,595.2
Other 1,161.0 1,188.9
Total long-term liabilities 3,761.5 3,784.1
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; 64,571,405 shares issued as of October 1, 2022 and December 31, 2021 0.6 0.6
Additional paid-in capital 1,014.8 1,019.4
Common stock held in treasury, 5,322,397 and 4,945,847 shares as of October 1, 2022 and December 31, 2021, respectively, at cost (732.1) (679.2)
Retained earnings 5,143.0 5,072.8
Accumulated other comprehensive loss (1,123.0) (770.2)
Lear Corporation stockholders' equity 4,303.3 4,643.4
Noncontrolling interests 124.6 165.0
Equity 4,427.9 4,808.4
Total liabilities and equity $ 13,379.2 $ 13,352.4
[1] Unaudited