XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]    
Net sales $ 5,845.5 $ 5,208.4
Cost of sales 5,415.5 4,886.9
Selling, general and administrative expenses 176.8 177.3
Amortization of intangible assets 15.9 15.7
Interest expense 24.2 24.9
Other expense, net 13.7 27.3
Consolidated income before provision for income taxes and equity in net income of affiliates 199.4 76.3
Provision for income taxes 45.6 20.4
Equity in net income of affiliates (9.6) (10.7)
Consolidated net income 163.4 66.6
Less: Net income attributable to noncontrolling interests 19.8 17.2
Net income attributable to Lear $ 143.6 $ 49.4
Basic net income per share attributable to Lear (in dollars per share) $ 2.42 $ 0.82
Diluted net income per share attributable to Lear (in dollars per share) 2.41 0.82
Cash dividends declared per share (in dollars per share) $ 0.77 $ 0.77
Average common shares outstanding (in shares) 59,316,555 59,932,030
Average diluted shares outstanding (in shares) 59,558,966 60,210,979
Consolidated comprehensive income (Condensed Consolidated Statements of Equity) $ 264.1 $ 74.0
Less: Comprehensive income attributable to noncontrolling interests 20.2 17.0
Comprehensive income attributable to Lear $ 243.9 $ 57.0