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Segment Reporting (Tables)

9 Months Ended

Sep. 28, 2024

Segment Reporting [Abstract]

Schedule of Revenues from External Customers and Other Financial Information by Reportable Operating Segment

A summary of revenues from external customers and other financial information by reportable operating segment is shown below (in millions):

			Three Months Ended September 28, 2024
			Seating						E-Systems						Other						Consolidated
Revenues from external customers			$	4,111.8					$	1,472.6					$	—					$	5,584.4
Segment earnings (1)			242.4						65.3						(87.2)						220.5
Depreciation and amortization			99.9						47.3						5.2						152.4
Capital expenditures			91.6						38.1						2.5						132.2
Total assets			8,745.0						4,183.4						1,889.7						14,818.1

			Three Months Ended September 30, 2023
			Seating						E-Systems						Other						Consolidated
Revenues from external customers			$	4,284.9					$	1,496.1					$	—					$	5,781.0
Segment earnings (1)			244.7						60.4						(84.9)						220.2
Depreciation and amortization			98.7						47.9						5.3						151.9
Capital expenditures			85.5						62.6						5.1						153.2
Total assets			8,570.6						4,056.6						1,986.5						14,613.7

			Nine Months Ended September 28, 2024
			Seating						E-Systems						Other						Consolidated
Revenues from external customers			$	13,036.4					$	4,555.0					$	—					$	17,591.4
Segment earnings (1)			760.0						188.9						(271.1)						677.8
Depreciation and amortization			301.4						144.8						15.4						461.6
Capital expenditures			237.5						118.5						10.6						366.6

			Nine Months Ended September 30, 2023
			Seating						E-Systems						Other						Consolidated
Revenues from external customers			$	13,206.0					$	4,419.7					$	—					$	17,625.7
Segment earnings (1)			823.4						155.6						(263.3)						715.7
Depreciation and amortization			293.2						141.5						15.6						450.3
Capital expenditures			238.4						179.9						15.0						433.3

(1) See definition above

Schedule of Reconciliation of Segment Earnings to Consolidated Income Before Provision for Income Taxes and Equity

A reconciliation of segment earnings to consolidated income before provision for income taxes and equity in net income of affiliates is shown below (in millions):

			Three Months Ended												Nine Months Ended
			September 28, 2024						September 30, 2023						September 28, 2024						September 30, 2023
Segment earnings			$	220.5					$	220.2					$	677.8					$	715.7
Interest expense, net			26.5						25.7						79.5						76.1
Other expense, net			3.4						5.8						24.3						39.0
Consolidated income before provision for income taxes and equity in net income of affiliates			$	190.6					$	188.7					$	574.0					$	600.6

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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