10-Q Filing

LEAR CORP CIK: 842162 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000842162-23-000045`
Period End Date	20230630
Filing Date	20230801
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	lear-20230701_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 82 Cash Flow Statement 68 Stockholders Equity 59

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$828.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$901.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11B	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$4.26B	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$3.45B	USD	Point-in-time
Inventories	`InventoryNet`	$1.70B	USD	Point-in-time
Inventories	`InventoryNet`	$1.57B	USD	Point-in-time
Other	`OtherAssetsCurrent`	$967.40M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Other	`OtherAssetsCurrent`	$853.70M	USD	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`	$7.83B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.99B	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`	$2.85B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.91B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	64.57M	shares	Point-in-time
Goodwill	`Goodwill`	$1.74B	USD	Point-in-time
Goodwill	`Goodwill`	$1.66B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	64.57M	shares	Point-in-time
Common stock held in treasury (in shares)	`TreasuryStockCommonShares`	5.49M	shares	Point-in-time
Other	`OtherAssetsNoncurrent`	$2.32B	USD	Point-in-time
Common stock held in treasury (in shares)	`TreasuryStockCommonShares`	5.82M	shares	Point-in-time
Other	`OtherAssetsNoncurrent`	$2.25B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.97B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.77B	USD	Point-in-time
Total assets	`Assets`	$14.80B	USD	Point-in-time
Total assets	`Assets`	$13.35B	USD	Point-in-time
Total assets	`Assets`	$13.76B	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$26.90M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$9.90M	USD	Point-in-time
Accounts payable and drafts	`AccountsPayableCurrent`	$3.64B	USD	Point-in-time
Accounts payable and drafts	`AccountsPayableCurrent`	$3.21B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$2.11B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.96B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$10.80M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$100.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.19B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.78B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$2.74B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$2.59B	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.19B	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.15B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.74B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.93B	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; 64,571,405 shares issued as of July 1, 2023 and December 31, 2022	`CommonStockValue`	$600.00K	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized; 64,571,405 shares issued as of July 1, 2023 and December 31, 2022	`CommonStockValue`	$600.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.02B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.03B	USD	Point-in-time
Common stock held in treasury, 5,821,905 and 5,493,211 shares as of July 1, 2023 and December 31, 2022, respectively, at cost	`TreasuryStockCommonValue`	$753.90M	USD	Point-in-time
Common stock held in treasury, 5,821,905 and 5,493,211 shares as of July 1, 2023 and December 31, 2022, respectively, at cost	`TreasuryStockCommonValue`	$797.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.43B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-805.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-681.70M	USD	Point-in-time
Lear Corporation stockholders' equity	`StockholdersEquity`	$4.68B	USD	Point-in-time
Lear Corporation stockholders' equity	`StockholdersEquity`	$4.98B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$110.80M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$151.50M	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.09B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.03B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.81B	USD	Point-in-time
Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.55B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$14.80B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$13.76B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.84B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.28B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.00B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.07B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$9.62B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$4.73B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$5.54B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$10.96B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$348.50M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$171.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$359.60M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$182.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$40.30M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$31.90M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$24.60M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$16.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$26.20M	USD	1 Quarter
Interest expense	`InterestExpense`	$50.40M	USD	2 Qtrs
Interest expense	`InterestExpense`	$49.80M	USD	2 Qtrs
Other expense, net	`OtherIncomeExpenseNet`	$-19.50M	USD	1 Quarter
Other expense, net	`OtherIncomeExpenseNet`	$-14.40M	USD	1 Quarter
Other expense, net	`OtherIncomeExpenseNet`	$-41.70M	USD	2 Qtrs
Other expense, net	`OtherIncomeExpenseNet`	$-33.20M	USD	2 Qtrs
Consolidated income before provision for income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$411.90M	USD	2 Qtrs
Consolidated income before provision for income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$212.50M	USD	1 Quarter
Consolidated income before provision for income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$181.10M	USD	2 Qtrs
Consolidated income before provision for income taxes and equity in net income of affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$104.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$41.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$87.10M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$43.90M	USD	2 Qtrs
Equity in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$25.80M	USD	2 Qtrs
Equity in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$4.30M	USD	1 Quarter
Equity in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$15.00M	USD	2 Qtrs
Equity in net income of affiliates	`IncomeLossFromEquityMethodInvestments`	$16.20M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$187.20M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$85.60M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$152.20M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$350.60M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$17.10M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$34.30M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.50M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$38.30M	USD	2 Qtrs
Net income attributable to Lear	`NetIncomeLoss`	$168.70M	USD	1 Quarter
Net income attributable to Lear	`NetIncomeLoss`	$68.50M	USD	1 Quarter
Net income attributable to Lear	`NetIncomeLoss`	$312.30M	USD	2 Qtrs
Net income attributable to Lear	`NetIncomeLoss`	$117.90M	USD	2 Qtrs
Basic net income per share attributable to Lear (in dollars per share)	`EarningsPerShareBasic`	$1.14	USD	1 Quarter
Basic net income per share attributable to Lear (in dollars per share)	`EarningsPerShareBasic`	$2.85	USD	1 Quarter
Basic net income per share attributable to Lear (in dollars per share)	`EarningsPerShareBasic`	$1.97	USD	2 Qtrs
Basic net income per share attributable to Lear (in dollars per share)	`EarningsPerShareBasic`	$5.27	USD	2 Qtrs
Diluted net income per share attributable to Lear (in dollars per share)	`EarningsPerShareDiluted`	$1.14	USD	1 Quarter
Diluted net income per share attributable to Lear (in dollars per share)	`EarningsPerShareDiluted`	$5.25	USD	2 Qtrs
Diluted net income per share attributable to Lear (in dollars per share)	`EarningsPerShareDiluted`	$2.84	USD	1 Quarter
Diluted net income per share attributable to Lear (in dollars per share)	`EarningsPerShareDiluted`	$1.96	USD	2 Qtrs
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`	$1.54	USD	2 Qtrs
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`	$1.54	USD	2 Qtrs
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`	$0.77	USD	1 Quarter
Average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.90M	shares	1 Quarter
Average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.13M	shares	1 Quarter
Average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.22M	shares	2 Qtrs
Average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	59.92M	shares	2 Qtrs
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.10M	shares	1 Quarter
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.46M	shares	2 Qtrs
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.15M	shares	2 Qtrs
Average diluted shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	59.37M	shares	1 Quarter
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$204.10M	USD	1 Quarter
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-38.80M	USD	2 Qtrs
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$468.20M	USD	2 Qtrs
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-112.80M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$12.30M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$32.50M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$10.30M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$27.30M	USD	2 Qtrs
Comprehensive income (loss) attributable to Lear	`ComprehensiveIncomeNetOfTax`	$-123.10M	USD	1 Quarter
Comprehensive income (loss) attributable to Lear	`ComprehensiveIncomeNetOfTax`	$-66.10M	USD	2 Qtrs
Comprehensive income (loss) attributable to Lear	`ComprehensiveIncomeNetOfTax`	$435.70M	USD	2 Qtrs
Comprehensive income (loss) attributable to Lear	`ComprehensiveIncomeNetOfTax`	$191.80M	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$187.20M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$85.60M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$152.20M	USD	2 Qtrs
Consolidated net income	`ProfitLoss`	$350.60M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$295.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$151.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$298.40M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$151.20M	USD	1 Quarter
Net change in recoverable customer engineering, development and tooling	`IncreaseDecreaseInRecoverableCustomerEngineeringDevelopmentAndTooling`	$-49.70M	USD	2 Qtrs
Net change in recoverable customer engineering, development and tooling	`IncreaseDecreaseInRecoverableCustomerEngineeringDevelopmentAndTooling`	$-74.30M	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$409.60M	USD	2 Qtrs
Net change in working capital items	`IncreaseDecreaseInOperatingCapital`	$178.40M	USD	2 Qtrs
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$289.20M	USD	2 Qtrs
Net change in working capital items	`IncreaseDecreaseInOperatingCapital`	$328.10M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$37.60M	USD	2 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$4.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$232.10M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$275.80M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$280.10M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$168.30M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$172.20M	USD	1 Quarter
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$302.50M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$184.20M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$174.50M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.80M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-449.90M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-484.90M	USD	2 Qtrs
Short-term borrowings, net	`ProceedsFromShortTermDebt`	$17.60M	USD	2 Qtrs
Short-term borrowings, net	`ProceedsFromShortTermDebt`	-	USD	2 Qtrs
Term loan borrowings	`ProceedsFromLinesOfCredit`	$150.00M	USD	2 Qtrs
Term loan borrowings	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$53.30M	USD	2 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$50.20M	USD	2 Qtrs
Dividends paid to Lear Corporation stockholders	`PaymentsOfDividendsCommonStock`	$93.50M	USD	2 Qtrs
Dividends paid to Lear Corporation stockholders	`PaymentsOfDividendsCommonStock`	$92.10M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$46.20M	USD	2 Qtrs
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$52.50M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-25.30M	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-23.90M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-221.50M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-47.90M	USD	2 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-16.10M	USD	2 Qtrs
Effect of foreign currency translation	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.90M	USD	2 Qtrs
Net Change in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-212.10M	USD	2 Qtrs
Net Change in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-490.40M	USD	2 Qtrs
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$830.90M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$905.30M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.12B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$830.90M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$905.30M	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.32B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash as of End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.12B	USD	Point-in-time
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$774.90M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$469.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$75.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$74.40M	USD	2 Qtrs
Accounts payable (including $15.4 million of cash paid in 2023 in conjunction with the acquisition of IGB to settle pre-existing accounts payable)	`IncreaseDecreaseInAccountsPayable`	$409.60M	USD	2 Qtrs
Accounts payable (including $15.4 million of cash paid in 2023 in conjunction with the acquisition of IGB to settle pre-existing accounts payable)	`IncreaseDecreaseInAccountsPayable`	$289.20M	USD	2 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-77.30M	USD	2 Qtrs
Accrued liabilities and other	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-111.60M	USD	2 Qtrs
Net change in working capital items	`IncreaseDecreaseInOperatingCapital`	$178.40M	USD	2 Qtrs
Net change in working capital items	`IncreaseDecreaseInOperatingCapital`	$328.10M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$54.90M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$39.60M	USD	2 Qtrs
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$110.30M	USD	2 Qtrs
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$111.60M	USD	2 Qtrs

Stockholders Equity 59 line items

Line Item	Tag	Value	Unit	Period
Net issuances of shares held in treasury in settlement of stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	22,160.00	shares	1 Quarter
Net issuances of shares held in treasury in settlement of stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	15,172.00	shares	1 Quarter
Net issuances of shares held in treasury in settlement of stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	140,838.00	shares	2 Qtrs
Net issuances of shares held in treasury in settlement of stock-based compensation (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	162,872.00	shares	2 Qtrs
Number of shares repurchased (in shares)	`TreasuryStockSharesAcquired`	469,532.00	shares	2 Qtrs
Number of shares repurchased (in shares)	`TreasuryStockSharesAcquired`	286,630.00	shares	1 Quarter
Number of shares repurchased (in shares)	`TreasuryStockSharesAcquired`	380,220.00	shares	2 Qtrs
Number of shares repurchased (in shares)	`TreasuryStockSharesAcquired`	380,220.00	shares	1 Quarter
Average price per share (in dollars per share)	`TreasuryStockAcquiredAverageCostPerShare`	$131.92	USD	1 Quarter
Average price per share (in dollars per share)	`TreasuryStockAcquiredAverageCostPerShare`	$131.92	USD	2 Qtrs
Average price per share (in dollars per share)	`TreasuryStockAcquiredAverageCostPerShare`	$132.58	USD	1 Quarter
Average price per share (in dollars per share)	`TreasuryStockAcquiredAverageCostPerShare`	$91.93	USD	49 Qtrs
Average price per share (in dollars per share)	`TreasuryStockAcquiredAverageCostPerShare`	$134.39	USD	2 Qtrs
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.09B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.03B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.81B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.55B	USD	Point-in-time
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$350.60M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$152.20M	USD	2 Qtrs
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$85.60M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$187.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-198.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$16.90M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$117.60M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-191.00M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$204.10M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$468.20M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-38.80M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-112.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.30M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$35.10M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.20M	USD	1 Quarter
Net issuance of shares held in treasury in settlement of stock-based compensation	`StockIssuedDuringPeriodFromTreasuryStockValueShareBasedCompensation`	$900.00K	USD	1 Quarter
Net issuance of shares held in treasury in settlement of stock-based compensation	`StockIssuedDuringPeriodFromTreasuryStockValueShareBasedCompensation`	$12.60M	USD	2 Qtrs
Net issuance of shares held in treasury in settlement of stock-based compensation	`StockIssuedDuringPeriodFromTreasuryStockValueShareBasedCompensation`	$18.40M	USD	2 Qtrs
Net issuance of shares held in treasury in settlement of stock-based compensation	`StockIssuedDuringPeriodFromTreasuryStockValueShareBasedCompensation`	$500.00K	USD	1 Quarter
Repurchase of shares of common stock	`TreasuryStockValueAcquiredCostMethod`	$63.50M	USD	2 Qtrs
Repurchase of shares of common stock	`TreasuryStockValueAcquiredCostMethod`	$38.40M	USD	1 Quarter
Repurchase of shares of common stock	`TreasuryStockValueAcquiredCostMethod`	$4.90B	USD	49 Qtrs
Repurchase of shares of common stock	`TreasuryStockValueAcquiredCostMethod`	$50.20M	USD	1 Quarter
Repurchase of shares of common stock	`TreasuryStockValueAcquiredCostMethod`	$50.20M	USD	2 Qtrs
Dividends declared to Lear Corporation stockholders	`DividendsCommonStockCash`	$46.30M	USD	1 Quarter
Dividends declared to Lear Corporation stockholders	`DividendsCommonStockCash`	$93.00M	USD	2 Qtrs
Dividends declared to Lear Corporation stockholders	`DividendsCommonStockCash`	$93.40M	USD	2 Qtrs
Dividends declared to Lear Corporation stockholders	`DividendsCommonStockCash`	$46.60M	USD	1 Quarter
Dividends declared to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$78.90M	USD	1 Quarter
Dividends declared to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$73.20M	USD	2 Qtrs
Dividends declared to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$85.60M	USD	2 Qtrs
Dividends declared to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$73.20M	USD	1 Quarter
Affiliate transaction	`AffiliateTransaction`	$600.00K	USD	2 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.09B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.03B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.81B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.55B	USD	Point-in-time

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