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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 28, 2024
 [1]
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 763.9 $ 1,196.3
Accounts receivable 4,289.4 3,681.2
Inventories 1,768.1 1,758.0
Other 987.1 1,001.4
Total current assets 7,808.5 7,636.9
LONG-TERM ASSETS:    
Property, plant and equipment, net 2,912.2 2,977.4
Goodwill 1,754.4 1,737.9
Other 2,343.0 2,343.3
Total long-term assets 7,009.6 7,058.6
Total assets 14,818.1 14,695.5
CURRENT LIABILITIES:    
Short-term borrowings 27.8 27.5
Accounts payable and drafts 3,493.7 3,434.2
Accrued liabilities 2,368.9 2,205.2
Current portion of long-term debt 2.3 0.3
Total current liabilities 5,892.7 5,667.2
LONG-TERM LIABILITIES:    
Long-term debt 2,767.8 2,742.6
Other 1,263.3 1,225.1
Total long-term liabilities 4,031.1 3,967.7
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 September 28, 2024 and December 31, 2023 0.6 0.6
Additional paid-in capital 1,064.7 1,050.5
Common stock held in treasury, 9,992,821 and 7,592,473 shares as of September 28, 2024 and December 31, 2023, respectively, at cost (1,322.9) (1,044.6)
Retained earnings 5,884.4 5,601.1
Accumulated other comprehensive loss (861.6) (688.8)
Lear Corporation stockholders' equity 4,765.2 4,918.8
Noncontrolling interests 129.1 141.8
Equity 4,894.3 5,060.6
Total liabilities and equity $ 14,818.1 $ 14,695.5
[1] Unaudited