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Net Income Per Share Attributable to Lear (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Summary of Information Used to Compute Basic and Diluted Net Income Per Share
A summary of information used to compute basic and diluted net income per share available to Lear common stockholders is shown below (in millions, except share and per share data):
 
Three Months Ended
 
March 31,
2018
 
April 1,
2017
Net income attributable to Lear
$
353.7

 
$
305.8

Less: Redeemable noncontrolling interest adjustment
(5.4
)
 

Net income available to Lear common stockholders
$
348.3

 
$
305.8

 
 
 
 
Average common shares outstanding
67,086,326

 
69,658,368

Dilutive effect of common stock equivalents
476,126

 
668,980

Average diluted shares outstanding
67,562,452

 
70,327,348

 
 
 
 
Basic net income per share available to Lear common stockholders
$
5.19

 
$
4.39

 
 
 
 
Diluted net income per share available to Lear common stockholders
$
5.16

 
$
4.35