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Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Jun. 29, 2013
Jun. 30, 2012
Net sales $ 4,113.1 $ 3,665.0 $ 8,060.2 $ 7,309.0
Cost of sales 3,775.4 3,350.4 7,410.1 6,684.6
Selling, general and administrative expenses 127.9 117.3 257.5 233.4
Amortization of intangible assets 8.6 7.3 17.2 14.2
Interest expense 17.4 14.0 34.1 26.5
Other expense, net 10.3 10.2 21.0 10.5
Consolidated income before provision for income taxes and equity in net income of affiliates 173.5 165.8 320.3 339.8
Provision for income taxes 41.1 31.8 79.0 71.1
Equity in net income of affiliates (9.9) (20.6) (17.9) (30.3)
Consolidated net income 142.3 154.6 259.2 299.0
Less: Net income attributable to noncontrolling interests 5.0 9.2 13.4 19.5
Net income attributable to Lear 137.3 145.4 245.8 279.5
Basic net income per share attributable to Lear $ 1.62 $ 1.47 $ 2.74 $ 2.80
Diluted net income per share attributable to Lear $ 1.60 $ 1.45 $ 2.71 $ 2.76
Consolidated comprehensive income (Note 12) 113.7 75.0 208.4 286.8
Less: Comprehensive income attributable to noncontrolling interests 5.3 7.8 14.1 18.6
Comprehensive income attributable to Lear $ 108.4 $ 67.2 $ 194.3 $ 268.2