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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jul. 04, 2020
Jul. 03, 2021
Jul. 04, 2020
Income Statement [Abstract]        
Net sales $ 4,760.7 $ 2,444.5 $ 10,115.1 $ 6,902.2
Cost of sales 4,359.3 2,571.9 9,220.9 6,695.4
Selling, general and administrative expenses 170.8 150.9 339.7 294.6
Amortization of intangible assets 25.1 16.0 41.6 33.1
Interest expense 22.3 27.2 44.6 51.6
Other (income) expense, net (46.1) (3.2) (39.8) 37.3
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates 229.3 (318.3) 508.1 (209.8)
Provision (benefit) for income taxes 39.3 (41.0) 98.2 (14.5)
Equity in net income of affiliates (4.9) (7.8) (10.8) (9.4)
Consolidated net income (loss) 194.9 (269.5) 420.7 (185.9)
Less: Net income attributable to noncontrolling interests 19.7 24.4 41.8 31.6
Net income (loss) attributable to Lear $ 175.2 $ (293.9) $ 378.9 $ (217.5)
Basic net income (loss) per share available to Lear common stockholders (in dollars per share) $ 2.91 $ (4.89) $ 6.28 $ (3.61)
Diluted net income (loss) per share available to Lear common stockholders (in dollars per share) 2.89 (4.89) 6.25 (3.61)
Cash dividends declared per share (in dollars per share) $ 0.25 $ 0 $ 0.50 $ 0.77
Average common shares outstanding (in shares) 60,292,000 60,102,925 60,302,398 60,310,559
Average diluted shares outstanding (in shares) 60,611,505 60,102,925 60,585,907 60,310,559
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity) $ 259.4 $ (142.1) $ 398.8 $ (339.9)
Less: Comprehensive income attributable to noncontrolling interests 21.6 25.5 42.6 27.9
Comprehensive income (loss) attributable to Lear $ 237.8 $ (167.6) $ 356.2 $ (367.8)