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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Sep. 29, 2012
Oct. 01, 2011
Net sales $ 3,538.6 $ 3,460.0 $ 10,847.6 $ 10,648.0
Cost of sales 3,247.3 3,179.5 9,931.9 9,697.5
Selling, general and administrative expenses 113.4 114.9 346.8 351.6
Amortization of intangible assets 8.3 7.1 22.5 21.1
Interest expense 13.7 10.9 40.2 24.9
Other expense, net 1.5 10.1 12.0 15.3
Consolidated income before income taxes and equity in net income of affiliates and subsidiaries 154.4 137.5 494.2 537.6
Provision for income taxes 29.3 31.0 100.4 90.7
Equity in net income of affiliates (3.0) (1.6) (33.3) (9.6)
Consolidated net income 128.1 108.1 427.1 456.5
Less: Net income attributable to noncontrolling interests 6.7 7.4 26.2 22.3
Net income attributable to Lear 121.4 100.7 400.9 434.2
Basic net income per share attributable to Lear $ 1.25 $ 0.97 $ 4.05 $ 4.16
Diluted net income per share attributable to Lear $ 1.23 $ 0.95 $ 3.99 $ 4.05
Consolidated comprehensive income (loss) (Note 13) 174.3 (61.3) 461.1 398.9
Less: Comprehensive income attributable to noncontrolling interests 7.9 7.8 26.5 24.2
Comprehensive income (loss) attributable to Lear $ 166.4 $ (69.1) $ 434.6 $ 374.7