XML 47 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 28, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 865.1 [1] $ 1,137.7
Accounts receivable 3,064.4 [1] 2,278.3
Inventories 881.6 [1] 818.7
Other 717.2 [1] 687.8
Total current assets 5,528.3 [1] 4,922.5
LONG-TERM ASSETS:    
Property, plant and equipment, net 1,654.3 [1] 1,587.2
Goodwill 754.7 [1] 757.2
Other 1,024.5 [1] 1,064.0
Total long-term assets 3,433.5 [1] 3,408.4
Total assets 8,961.8 [1] 8,330.9
CURRENT LIABILITIES:    
Accounts payable and drafts 2,821.1 [1] 2,438.7
Accrued liabilities 1,323.3 [1] 1,140.4
Total current liabilities 4,144.4 [1] 3,579.1
LONG-TERM LIABILITIES:    
Long-term debt 1,068.6 [1] 1,057.1
Other 527.6 [1] 545.2
Total long-term liabilities 1,596.2 [1] 1,602.3
EQUITY:    
Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding    [1]   
Common stock, $0.01 par value, 300,000,000 shares authorized; 88,142,219 and 88,062,341 shares issued as of June 28, 2014 and December 31, 2013, respectively 0.9 [1] 0.9
Additional paid-in capital, including warrants to purchase common stock 1,600.1 [1] 1,652.9
Common stock held in treasury, 7,928,855 and 7,311,037 shares as of June 28, 2014 and December 31, 2013, respectively, at cost (443.0) [1] (362.1)
Retained earnings 2,156.9 [1] 1,920.3
Accumulated other comprehensive loss (169.1) [1] (166.1)
Lear Corporation stockholders' equity 3,145.8 [1] 3,045.9
Noncontrolling interests 75.4 [1] 103.6
Equity 3,221.2 [1] 3,149.5
Total liabilities and equity $ 8,961.8 [1] $ 8,330.9
[1] Unaudited.