10-Q Filing

LEAR CORP CIK: 842162 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0000842162-20-000044`
Period End Date	20200630
Filing Date	20200804
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	lear-202074x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 81 Cash Flow Statement 77 Stockholders Equity 63

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.27B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.78B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.49B	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$2.98B	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$2.35B	USD	Point-in-time
Inventories	`InventoryNet`	$1.26B	USD	Point-in-time
Inventories	`InventoryNet`	$1.25B	USD	Point-in-time
Other	`OtherAssetsCurrent`	$678.20M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$673.10M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.41B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.05B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.62B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.70B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	64.56M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	64.56M	shares	Point-in-time
Goodwill	`Goodwill`	$1.61B	USD	Point-in-time
Goodwill	`Goodwill`	$1.61B	USD	Point-in-time
Common stock held in treasury, shares (in shares)	`TreasuryStockShares`	4.13M	shares	Point-in-time
Other	`OtherAssetsNoncurrent`	$1.96B	USD	Point-in-time
Common stock held in treasury, shares (in shares)	`TreasuryStockShares`	4.62M	shares	Point-in-time
Other	`OtherAssetsNoncurrent`	$2.00B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.27B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.22B	USD	Point-in-time
Total assets	`Assets`	$12.27B	USD	Point-in-time
Total assets	`Assets`	$12.85B	USD	Point-in-time
Total assets	`Assets`	$12.68B	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$19.20M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$7.10M	USD	Point-in-time
Revolving credit facility borrowings	`LinesOfCreditCurrent`	$1.00B	USD	Point-in-time
Revolving credit facility borrowings	`LinesOfCreditCurrent`	-	USD	Point-in-time
Accounts payable and drafts	`AccountsPayableCurrent`	$2.82B	USD	Point-in-time
Accounts payable and drafts	`AccountsPayableCurrent`	$1.90B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.86B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.81B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$17.20M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$14.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.67B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.79B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$2.29B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$2.30B	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.10B	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.08B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.40B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.38B	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$114.30M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$118.40M	USD	Point-in-time
Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized; 64,563,291 shares issued as of July 4, 2020 and December 31, 2019	`CommonStockValue`	$600.00K	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized; 64,563,291 shares issued as of July 4, 2020 and December 31, 2019	`CommonStockValue`	$600.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$955.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$969.10M	USD	Point-in-time
Common stock held in treasury, 4,623,508 and 4,127,806 shares as of July 4, 2020 and December 31, 2019, respectively, at cost	`TreasuryStockValue`	$612.60M	USD	Point-in-time
Common stock held in treasury, 4,623,508 and 4,127,806 shares as of July 4, 2020 and December 31, 2019, respectively, at cost	`TreasuryStockValue`	$563.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.45B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.72B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-923.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-772.70M	USD	Point-in-time
Lear Corporation stockholders equity	`StockholdersEquity`	$3.87B	USD	Point-in-time
Lear Corporation stockholders equity	`StockholdersEquity`	$4.35B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$115.50M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$151.40M	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.40B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.39B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.36B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.18B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.50B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.98B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$12.68B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$12.27B	USD	Point-in-time

Income Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.17B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.44B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.90B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.01B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.53B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$9.22B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$6.70B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$2.57B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$294.60M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$157.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$305.40M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$150.90M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$33.10M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$15.90M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$28.60M	USD	2 Qtrs
Interest expense	`InterestExpense`	$51.60M	USD	2 Qtrs
Interest expense	`InterestExpense`	$24.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$27.20M	USD	1 Quarter
Interest expense	`InterestExpense`	$45.40M	USD	2 Qtrs
Other (income) expense, net	`OtherIncomeExpenseNet`	$-13.80M	USD	1 Quarter
Other (income) expense, net	`OtherIncomeExpenseNet`	$-18.20M	USD	2 Qtrs
Other (income) expense, net	`OtherIncomeExpenseNet`	$-37.30M	USD	2 Qtrs
Other (income) expense, net	`OtherIncomeExpenseNet`	$3.20M	USD	1 Quarter
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-318.30M	USD	1 Quarter
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-209.80M	USD	2 Qtrs
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$266.90M	USD	1 Quarter
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$553.80M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$73.30M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-41.00M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$116.40M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-14.50M	USD	2 Qtrs
Equity in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$9.40M	USD	2 Qtrs
Equity in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$8.40M	USD	1 Quarter
Equity in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$10.70M	USD	2 Qtrs
Equity in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$7.80M	USD	1 Quarter
Consolidated net income (loss)	`ProfitLoss`	$-269.50M	USD	1 Quarter
Consolidated net income (loss)	`ProfitLoss`	$448.10M	USD	2 Qtrs
Consolidated net income (loss)	`ProfitLoss`	$-185.90M	USD	2 Qtrs
Consolidated net income (loss)	`ProfitLoss`	$202.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$24.40M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.20M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$36.40M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$31.60M	USD	2 Qtrs
Net income (loss) attributable to Lear	`NetIncomeLoss`	$-293.90M	USD	1 Quarter
Net income (loss) attributable to Lear	`NetIncomeLoss`	$411.70M	USD	2 Qtrs
Net income (loss) attributable to Lear	`NetIncomeLoss`	$-217.50M	USD	2 Qtrs
Net income (loss) attributable to Lear	`NetIncomeLoss`	$182.80M	USD	1 Quarter
Basic net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	`EarningsPerShareBasic`	$2.92	USD	1 Quarter
Basic net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	`EarningsPerShareBasic`	$-4.89	USD	1 Quarter
Basic net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	`EarningsPerShareBasic`	$6.68	USD	2 Qtrs
Basic net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	`EarningsPerShareBasic`	$-3.61	USD	2 Qtrs
Diluted net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	`EarningsPerShareDiluted`	$2.92	USD	1 Quarter
Diluted net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	`EarningsPerShareDiluted`	$-3.61	USD	2 Qtrs
Diluted net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	`EarningsPerShareDiluted`	$6.66	USD	2 Qtrs
Diluted net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	`EarningsPerShareDiluted`	$-4.89	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	2 Qtrs
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.77	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter
Cash dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter
Average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.19M	shares	1 Quarter
Average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.31M	shares	2 Qtrs
Average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	60.10M	shares	1 Quarter
Average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	62.50M	shares	2 Qtrs
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.35M	shares	1 Quarter
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.31M	shares	2 Qtrs
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	62.73M	shares	2 Qtrs
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.10M	shares	1 Quarter
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-142.10M	USD	1 Quarter
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$208.40M	USD	1 Quarter
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-339.90M	USD	2 Qtrs
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$456.60M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$37.30M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$27.90M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$25.50M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$12.30M	USD	1 Quarter
Comprehensive income (loss) attributable to Lear	`ComprehensiveIncomeNetOfTax`	$-367.80M	USD	2 Qtrs
Comprehensive income (loss) attributable to Lear	`ComprehensiveIncomeNetOfTax`	$196.10M	USD	1 Quarter
Comprehensive income (loss) attributable to Lear	`ComprehensiveIncomeNetOfTax`	$-167.60M	USD	1 Quarter
Comprehensive income (loss) attributable to Lear	`ComprehensiveIncomeNetOfTax`	$419.30M	USD	2 Qtrs

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income (loss)	`ProfitLoss`	$-269.50M	USD	1 Quarter
Consolidated net income (loss)	`ProfitLoss`	$448.10M	USD	2 Qtrs
Consolidated net income (loss)	`ProfitLoss`	$-185.90M	USD	2 Qtrs
Consolidated net income (loss)	`ProfitLoss`	$202.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$130.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$260.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$251.90M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$128.30M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-10.60M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-21.10M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-10.60M	USD	2 Qtrs
Net change in recoverable customer engineering, development and tooling	`IncreaseDecreaseInRecoverableCustomerEngineeringDevelopmentAndTooling`	$-58.10M	USD	2 Qtrs
Net change in recoverable customer engineering, development and tooling	`IncreaseDecreaseInRecoverableCustomerEngineeringDevelopmentAndTooling`	$-59.50M	USD	2 Qtrs
Net change in working capital items (see below)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$358.80M	USD	2 Qtrs
Net change in working capital items (see below)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$192.80M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-2.40M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$18.70M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-302.20M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$455.90M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$195.20M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$136.50M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$86.10M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$259.30M	USD	2 Qtrs
Acquisition, net of acquired cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$320.90M	USD	2 Qtrs
Acquisition, net of acquired cash	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-19.20M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-100.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-580.10M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-176.00M	USD	2 Qtrs
Revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	$1.00B	USD	2 Qtrs
Revolving credit facility borrowings	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Term loan repayments	`RepaymentsOfLongTermLinesOfCredit`	$3.10M	USD	2 Qtrs
Term loan repayments	`RepaymentsOfLongTermLinesOfCredit`	$6.30M	USD	2 Qtrs
Short-term borrowings, net	`RepaymentsOfShortTermDebt`	$12.00M	USD	2 Qtrs
Short-term borrowings, net	`ProceedsFromShortTermDebt`	$4.70M	USD	2 Qtrs
Proceeds from the issuance of senior notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$669.10M	USD	2 Qtrs
Proceeds from the issuance of senior notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$693.30M	USD	2 Qtrs
Redemption of senior notes	`RepaymentsOfUnsecuredDebt`	$333.70M	USD	2 Qtrs
Redemption of senior notes	`RepaymentsOfUnsecuredDebt`	$667.10M	USD	2 Qtrs
Payment of debt issuance and other financing costs	`PaymentsOfDebtIssuanceCosts`	$6.90M	USD	2 Qtrs
Payment of debt issuance and other financing costs	`PaymentsOfDebtIssuanceCosts`	$6.30M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$276.50M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$70.00M	USD	2 Qtrs
Dividends paid to Lear Corporation stockholders	`PaymentsOfDividendsCommonStock`	$47.90M	USD	2 Qtrs
Dividends paid to Lear Corporation stockholders	`PaymentsOfDividendsCommonStock`	$95.60M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$31.20M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$43.00M	USD	2 Qtrs
Accrued liabilities and other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-56.90M	USD	2 Qtrs
Accrued liabilities and other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-14.60M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-105.30M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$801.30M	USD	2 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$600.00K	USD	2 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-20.40M	USD	2 Qtrs
Net Change in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$302.70M	USD	2 Qtrs
Net Change in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-228.90M	USD	2 Qtrs
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.51B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.81B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.29B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.52B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.51B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.81B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.29B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.52B	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-557.30M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$544.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$42.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.50M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$196.30M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-866.80M	USD	2 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-197.40M	USD	2 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$37.80M	USD	2 Qtrs
Net change in working capital items	`IncreaseDecreaseInOperatingCapital`	$192.80M	USD	2 Qtrs
Net change in working capital items	`IncreaseDecreaseInOperatingCapital`	$358.80M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$50.80M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$65.00M	USD	2 Qtrs
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$109.20M	USD	2 Qtrs
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$63.30M	USD	2 Qtrs

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Net issuances of shares held in treasury in settlement of stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	145,447.00	shares	2 Qtrs
Net issuances of shares held in treasury in settlement of stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	21,616.00	shares	1 Quarter
Net issuances of shares held in treasury in settlement of stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	4,732.00	shares	1 Quarter
Net issuances of shares held in treasury in settlement of stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	284,752.00	shares	2 Qtrs
Number of shares repurchased (in shares)	`TreasuryStockSharesAcquired`	1.18M	shares	1 Quarter
Number of shares repurchased (in shares)	`TreasuryStockSharesAcquired`	1.99M	shares	2 Qtrs
Number of shares repurchased (in shares)	`TreasuryStockSharesAcquired`	641,149.00	shares	2 Qtrs
Average price (in dollars per share)	`TreasuryStockAcquiredAverageCostPerShare`	$140.65	USD	2 Qtrs
Average price (in dollars per share)	`TreasuryStockAcquiredAverageCostPerShare`	$90.07	USD	38 Qtrs
Average price (in dollars per share)	`TreasuryStockAcquiredAverageCostPerShare`	$136.63	USD	1 Quarter
Average price (in dollars per share)	`TreasuryStockAcquiredAverageCostPerShare`	$109.22	USD	2 Qtrs
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.40B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.39B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.36B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.18B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.50B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.98B	USD	Point-in-time
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-182.40M	USD	2 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$200.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-269.90M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$445.80M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterest`	$127.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterest`	$8.10M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterest`	$10.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterest`	$-152.30M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$210.90M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-334.70M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$453.90M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-142.90M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.30M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.40M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.80M	USD	1 Quarter
Net issuance of shares held in treasury in settlement of stock-based compensation	`StockIssuedDuringPeriodFromTreasuryStockValueShareBasedCompensation`	$-700.00K	USD	1 Quarter
Net issuance of shares held in treasury in settlement of stock-based compensation	`StockIssuedDuringPeriodFromTreasuryStockValueShareBasedCompensation`	$-11.90M	USD	2 Qtrs
Net issuance of shares held in treasury in settlement of stock-based compensation	`StockIssuedDuringPeriodFromTreasuryStockValueShareBasedCompensation`	$-29.60M	USD	2 Qtrs
Net issuance of shares held in treasury in settlement of stock-based compensation	`StockIssuedDuringPeriodFromTreasuryStockValueShareBasedCompensation`	$-400.00K	USD	1 Quarter
Repurchase of shares of common stock	`TreasuryStockValueAcquiredCostMethod`	$161.60M	USD	1 Quarter
Repurchase of shares of common stock	`TreasuryStockValueAcquiredCostMethod`	$4.70B	USD	38 Qtrs
Repurchase of shares of common stock	`TreasuryStockValueAcquiredCostMethod`	$279.50M	USD	2 Qtrs
Repurchase of shares of common stock	`TreasuryStockValueAcquiredCostMethod`	$70.00M	USD	2 Qtrs
Dividends declared to Lear Corporation stockholders	`DividendsCommonStockCash`	$46.80M	USD	2 Qtrs
Dividends declared to Lear Corporation stockholders	`DividendsCommonStockCash`	$46.90M	USD	1 Quarter
Dividends declared to Lear Corporation stockholders	`DividendsCommonStockCash`	$94.60M	USD	2 Qtrs
Dividends declared to non-controlling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$-100.00K	USD	1 Quarter
Dividends declared to non-controlling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$69.00M	USD	1 Quarter
Dividends declared to non-controlling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$31.20M	USD	2 Qtrs
Dividends declared to non-controlling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$69.00M	USD	2 Qtrs
Acquisition of outstanding noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$200.00K	USD	2 Qtrs
Acquisition of outstanding noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$200.00K	USD	1 Quarter
Redeemable non-controlling interest adjustment	`MinorityInterestChangeInRedemptionValue`	$5.80M	USD	2 Qtrs
Redeemable non-controlling interest adjustment	`MinorityInterestChangeInRedemptionValue`	$-900.00K	USD	1 Quarter
Redeemable non-controlling interest adjustment	`MinorityInterestChangeInRedemptionValue`	$-1.10M	USD	2 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.40B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.39B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.36B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.18B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.50B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.98B	USD	Point-in-time
Balance at beginning of year	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$114.30M	USD	Point-in-time
Balance at beginning of year	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$118.40M	USD	Point-in-time
Balance at end of year	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$114.30M	USD	Point-in-time
Balance at end of year	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$118.40M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.