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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 1,306.7 $ 1,487.7
Accounts receivable 3,269.2 2,982.6
Inventories 1,401.1 1,258.2
Other 799.7 678.2
Total current assets 6,776.7 6,406.7
Long-Term Assets:    
Property, plant and equipment, net 2,736.2 2,704.2
Goodwill 1,655.8 1,614.3
Other 2,029.9 1,955.5
Total long-term assets 6,421.9 6,274.0
Total assets 13,198.6 12,680.7
Current Liabilities:    
Short-term borrowings 0.0 19.2
Accounts payable and drafts 3,141.6 2,821.7
Accrued liabilities 1,920.9 1,811.2
Current portion of long-term debt 14.2 14.1
Total current liabilities 5,076.7 4,666.2
Long-Term Liabilities:    
Long-term debt 2,300.3 2,293.7
Other 1,206.7 1,101.3
Total long-term liabilities 3,507.0 3,395.0
Redeemable noncontrolling interest 0.0 118.4
Equity:    
Preferred stock, 100,000,000 shares authorized (including 10,896,250 shares of 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 and 64,563,291 shares issued as of December 31, 2020 and 2019, respectively 0.6 0.6
Additional paid-in capital 963.6 969.1
Common stock held in treasury, 4,519,891 and 4,127,806 shares as of December 31, 2020 and 2019, respectively, at cost (598.6) (563.1)
Retained earnings 4,806.8 4,715.8
Accumulated other comprehensive loss (705.1) (772.7)
Lear Corporation stockholders’ equity 4,467.3 4,349.7
Noncontrolling interests 147.6 151.4
Equity 4,614.9 4,501.1
Total liabilities and equity $ 13,198.6 $ 12,680.7