View Filing Data

$ 1,676.5

$ 1,654.1

2,082.3

1,758.4

708.9

554.2

524.0

418.8

4,991.7

4,385.5

1,058.1

994.7

632.0

614.6

534.1

626.3

2,224.2

2,235.6

7,215.9

6,621.1

Short-term borrowings

4.1

2,199.8

1,838.4

1,042.8

976.0

3,242.6

2,818.5

695.2

694.9

534.9

538.9

Series A convertible preferred stock, 100,000,000 shares authorized; 10,896,250 shares issued as of October 1, 2011 and December 31, 2010; and no shares outstanding as of October 1, 2011 and December 31, 2010

1,230.1

1,233.8

EQUITY:

Common stock, $0.01 par value, 300,000,000 shares authorized; 106,754,019 and 105,498,880 shares issued as of October 1, 2011 and December 31, 2010, respectively

^[2]

1.1

Additional paid-in capital, including warrants to purchase common stock

2,145.0

2,116.0

Common stock held in treasury, 4,468,011 and 322,130 shares as of October 1, 2011 and December 31, 2010, respectively, at cost

^[2]

(210.8)

(13.4)

Retained earnings

828.7

434.5

Accumulated other comprehensive loss

(137.5)

(78.0)

2,626.5

2,460.2

Noncontrolling interests

116.7

108.6

2,743.2

2,568.8

Series A convertible preferred stock, shares authorized

$ 7,215.9

$ 6,621.1

[1]	Unaudited.
[2]	Share data as of December 31, 2010, has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, "Comprehensive Income and Equity," to these condensed consolidated financial statements.

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares

Oct. 01, 2011

^[1]

Dec. 31, 2010

100,000,000

Series A convertible preferred stock, shares issued

10,896,250

Series A convertible preferred stock, shares outstanding

Common stock, par value

$ 0.01

Common stock, shares authorized

300,000,000

Common stock, shares issued

106,754,019

105,498,880

^[2]

Common stock held in treasury, shares

4,468,011

322,130

^[2]

[1]	Unaudited.
[2]	Share data as of December 31, 2010, has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, "Comprehensive Income and Equity," to these condensed consolidated financial statements.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Oct. 01, 2011

Oct. 02, 2010

Oct. 01, 2011

Oct. 02, 2010

Net sales

$ 3,460.0

$ 2,820.3

$ 10,648.0

$ 8,798.1

Cost of sales

3,179.5

2,584.5

9,697.5

8,014.7

Selling, general and administrative expenses

114.9

110.0

351.6

350.7

Amortization of intangible assets

7.1

7.0

21.1

20.3

Interest expense

10.9

11.9

24.9

44.2

Other expense, net

8.5

3.0

5.7

1.5

Consolidated income before provision for income taxes

139.1

103.9

547.2

366.7

Provision for income taxes

31.0

5.4

90.7

29.1

Consolidated net income

108.1

98.5

456.5

337.6

Less: Net income attributable to noncontrolling interests

7.4

3.2

22.3

16.4

Net income attributable to Lear

$ 100.7

$ 95.3

$ 434.2

$ 321.2

Basic net income per share attributable to Lear

^[1],[2]

$ 0.97

$ 0.92

$ 4.16

$ 3.18

Diluted net income per share attributable to Lear

^[1],[2]

$ 0.95

$ 0.88

$ 4.05

$ 2.97

[1]	2010 per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, "Comprehensive Income and Equity," to these condensed consolidated financial statements.
[2]	2010 share and per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, "Comprehensive Income and Equity."

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions

9 Months Ended

Oct. 01, 2011

Oct. 02, 2010

Cash Flows from Operating Activities:

Consolidated net income

$ 456.5

$ 337.6

Adjustments to reconcile consolidated net income to net cash provided by operating activities:

Net change in working capital items

189.3

174.3

(151.9)

(54.9)

22.6

(72.9)

516.5

384.1

(247.7)

(115.3)

22.9

2.1

(224.8)

(113.2)

Proceeds from the issuance of senior notes

694.5

First lien credit agreement repayments

(375.0)

Second lien credit agreement repayments

(550.0)

Other long-term debt repayments, net

(1.1)

(9.2)

Short-term debt repayments, net

(4.2)

(33.8)

Payment of debt issuance costs

(4.8)

(17.6)

(194.2)

(38.3)

(18.5)

(13.9)

(3.4)

(264.5)

(308.4)

(4.8)

(3.0)

Cash and Cash Equivalents as of Beginning of Period

22.4

(40.5)

1,654.1

1,554.0

1,676.5

^[1]

1,513.5

Changes in Working Capital Items:

(342.6)

(442.1)

Accrued liabilities and other

(162.6)

(130.3)

Accounts payable

372.3

314.7

(19.0)

202.8

Net change in working capital items

(151.9)

(54.9)

Supplementary Disclosure:

Cash paid for interest

57.3

56.7

Cash paid for income taxes, net

$ 60.9

$ 41.9

[1]	Unaudited.

Basis of Presentation

9 Months Ended

Oct. 01, 2011

Basis of Presentation

(1) Basis of Presentation

Lear Corporation (“Lear,” and together with its consolidated subsidiaries, the “Company”) and its affiliates design and manufacture complete automotive seat systems and related components, as well as electrical distribution systems and related components. The Company’s main customers are automotive original equipment manufacturers. The Company operates facilities worldwide.

On November 9, 2009, Lear and certain of its U.S. and Canadian subsidiaries emerged from bankruptcy proceedings under Chapter 11 of the United States Bankruptcy Code (“Chapter 11”). In accordance with the provisions of FASB Accounting Standards Codification^TM (“ASC”) 852, “Reorganizations,” Lear adopted fresh-start accounting upon its emergence from Chapter 11 bankruptcy proceedings and became a new entity for financial reporting purposes as of November 7, 2009. For further information, see Note 1, “Basis of Presentation,” and Note 2, “Reorganization under Chapter 11,” to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010.

The accompanying condensed consolidated financial statements include the accounts of Lear, a Delaware corporation, and the wholly owned and less than wholly owned subsidiaries controlled by Lear. In addition, Lear consolidates variable interest entities in which it has a controlling financial interest. Investments in affiliates in which Lear does not have control, but does have the ability to exercise significant influence over operating and financial policies, are accounted for under the equity method.

The Company’s annual financial results are reported on a calendar year basis and quarterly interim results are reported using a thirteen week reporting calendar.

Certain amounts in the prior period’s financial statements have been reclassified to conform to the presentation used in the quarter ended October 1, 2011.

Cost of Sales and Selling, General and Administrative Expenses

Cost of sales includes material, labor and overhead costs associated with the manufacture and distribution of the Company’s products. Distribution costs include inbound freight costs, purchasing and receiving costs, inspection costs, warehousing costs and other costs of the Company’s distribution network. Selling, general and administrative expenses include selling, engineering and development and administrative costs not directly associated with the manufacture and distribution of the Company’s products.

Restructuring Activities

9 Months Ended

Oct. 01, 2011

Restructuring Activities

(2) Restructuring Activities

In 2005, the Company initiated a multi-year operational restructuring strategy to (i) eliminate excess capacity and lower the operating costs of the Company, (ii) streamline the Company’s organizational structure and reposition its business for improved long-term profitability and (iii) better align the Company’s manufacturing footprint with the changing needs of its customers. In light of industry conditions and customer announcements, the Company expanded this strategy, and through the end of 2010, the Company incurred pretax restructuring costs of $736.1 million. The Company expects elevated restructuring actions and related investments to continue in 2011 and to moderate thereafter.

Restructuring costs include employee termination benefits, fixed asset impairment charges and contract termination costs, as well as other incremental costs resulting from the restructuring actions. These incremental costs principally include equipment and personnel relocation costs. The Company also incurs incremental manufacturing inefficiency costs at the operating locations impacted by the restructuring actions during the related restructuring implementation period. Restructuring costs are recognized in the Company’s consolidated financial statements in accordance with accounting principles generally accepted in the United States (“GAAP”). Generally, charges are recorded as restructuring actions are approved and/or implemented.

In the first nine months of 2011, the Company recorded charges of $13.3 million in connection with its restructuring actions. These charges consist of $13.0 million recorded as cost of sales, $0.9 million recorded as selling, general and administrative expenses and $(0.6) million recorded as other expense, net. The 2011 charges consist of employee termination benefits of $8.8 million, asset impairment charges of $1.0 million and contract termination costs of $1.9 million, as well as other related restructuring costs of $1.6 million. Employee termination benefits were recorded based on existing union and employee contracts, statutory requirements and completed negotiations. Asset impairment charges relate to the disposal of buildings, leasehold improvements and machinery and equipment with carrying values of $1.0 million in excess of related estimated fair values. The Company expects to incur approximately $65 million of additional restructuring costs related to activities initiated as of October 1, 2011. Although each restructuring action is unique, based upon the nature of the Company’s operations, the Company expects that the allocation of future restructuring costs will be consistent with historical experience.

A summary of 2011 activity is shown below (in millions):


					Utilization
	Accrual as of January 1, 2011		2011 Charges		Cash			Non-cash			Accrual as of October 1, 2011
Employee termination benefits	$	38.4	$	8.8	$	(19.9	)	$	—		$	27.3
Contract termination costs		3.7		1.9		—			—			5.6
Asset impairments		—		1.0		—			(1.0	)		—
Other related costs		—		1.6		(1.6	)		—			—

Total	$	42.1	$	13.3	$	(21.5	)	$	(1.0	)	$	32.9

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

Inventories

9 Months Ended

Oct. 01, 2011

Pre-Production Costs Related to Long-Term Supply Agreements

(3) Inventories

Inventories are stated at the lower of cost or market. Cost is determined using the first-in, first-out method. Finished goods and work-in-process inventories include material, labor and manufacturing overhead costs. A summary of inventories is shown below (in millions):


	October 1, 2011		December 31, 2010
Raw materials	$	565.1	$	448.6
Work-in-process		38.3		32.9
Finished goods		105.5		72.7

Inventories	$	708.9	$	554.2

Pre-Production Costs Related to Long-Term Supply Agreements

9 Months Ended

Oct. 01, 2011

(4) Pre-Production Costs Related to Long-Term Supply Agreements

The Company incurs pre-production engineering and development (“E&D”) and tooling costs related to the products produced for its customers under long-term supply agreements. The Company expenses all pre-production E&D costs for which reimbursement is not contractually guaranteed by the customer. In addition, the Company expenses all pre-production tooling costs related to customer-owned tools for which reimbursement is not contractually guaranteed by the customer or for which the Company does not have a non-cancelable right to use the tooling. During the first nine months of 2011 and 2010, the Company capitalized $135.4 million and $99.0 million, respectively, of pre-production E&D costs for which reimbursement is contractually guaranteed by the customer. In addition, during the first nine months of 2011 and 2010, the Company capitalized $118.8 million and $102.3 million, respectively, of pre-production tooling costs related to customer-owned tools for which reimbursement is contractually guaranteed by the customer or for which the Company has a non-cancelable right to use the tooling. These amounts are included in other current and long-term assets in the accompanying condensed consolidated balance sheets. During the nine months ended October 1, 2011 and October 2, 2010, the Company collected $222.1 million and $191.3 million, respectively, of cash related to E&D and tooling costs.

The classification of recoverable customer engineering, development and tooling costs related to long-term supply agreements is shown below (in millions):


	October 1, 2011		December 31, 2010
Current	$	122.3	$	77.9
Long-term		64.3		75.3

Recoverable customer engineering, development and tooling	$	186.6	$	153.2

Property, Plant and Equipment

9 Months Ended

Oct. 01, 2011

Property, Plant and Equipment

(5) Property, Plant and Equipment

Property, plant and equipment is stated at cost; however, as a result of fresh-start accounting, property, plant and equipment was re-measured at fair value as of November 7, 2009. For further information, see Note 3, “Fresh-Start Accounting,” to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010. Costs associated with the repair and maintenance of the Company’s property, plant and equipment are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency or safety of the Company’s property, plant and equipment are capitalized and depreciated over the remaining life of the related asset. Depreciable property is depreciated over the estimated useful lives of the assets, using principally the straight-line method.

A summary of property, plant and equipment is shown below (in millions):


	October 1, 2011			December 31, 2010
Land	$	107.8		$	106.0
Buildings and improvements		399.8			360.6
Machinery and equipment		930.0			761.8
Construction in progress		15.8			5.7

Total property, plant and equipment		1,453.4			1,234.1
Less – accumulated depreciation		(395.3	)		(239.4	)

Net property, plant and equipment	$	1,058.1		$	994.7

Depreciation expense was $56.4 million and $51.7 million in the three months ended October 1, 2011 and October 2, 2010, respectively, and $168.2 million and $154.0 million in the nine months ended October 1, 2011 and October 2, 2010, respectively.

The Company monitors its long-lived assets for impairment indicators on an ongoing basis in accordance with GAAP. If impairment indicators exist, the Company performs the required impairment analysis by comparing the undiscounted cash flows expected to be generated by the long-lived assets to the related net book values. If the net book value exceeds the undiscounted cash flows, an impairment loss is measured and recognized. The Company does not believe that there were any indicators that would have resulted in additional long-lived asset impairment charges as of October 1, 2011. The Company will, however, continue to assess the impact of any significant industry events and long-term automotive production estimates on the realization of its long-lived assets.

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

Goodwill

9 Months Ended

Oct. 01, 2011

Pension and Other Postretirement Benefit Plans

(6) Goodwill

A summary of the changes in the carrying amount of goodwill, all of which relates to the seating segment, for the nine months ended October 1, 2011, is shown below (in millions):


Balance as of January 1, 2011	$	614.6
Acquisition		15.0
Foreign currency translation		2.4

Balance as of October 1, 2011	$	632.0

Goodwill is not amortized but is tested for impairment on at least an annual basis. Impairment testing is required more often than annually if an event or circumstance indicates that an impairment is more likely than not to have occurred. In conducting its impairment testing, the Company compares the fair value of each of its reporting units to the related net book value. If the net book value of a reporting unit exceeds its fair value, an impairment loss is measured and recognized. The Company conducts its annual impairment testing as of the first day of its fourth quarter.

The Company does not believe that there were any indicators that would have resulted in goodwill impairment charges as of October 1, 2011. The Company will, however, continue to assess the impact of any significant industry events and long-term automotive production estimates on its recorded goodwill.

Long-Term Debt

9 Months Ended

Oct. 01, 2011

Long-Term Debt

(7) Long-Term Debt

A summary of long-term debt and the related weighted average interest rates is shown below (in millions):


	October 1, 2011					December 31, 2010
	Long-Term Debt		Weighted Average Interest Rate			Long-Term Debt		Weighted Average Interest Rate
7.875% Senior Notes due 2018	$	347.8		8.00	%	$	347.7		8.00	%
8.125% Senior Notes due 2020		347.4		8.25	%		347.2		8.25	%

Long-term debt	$	695.2				$	694.9

Senior Notes

The Company’s long-term debt consists of $350 million in aggregate principal amount at maturity of senior unsecured notes due 2018 with a stated coupon rate of 7.875% (the “2018 Notes”) and $350 million in aggregate principal amount at maturity of senior unsecured notes due 2020 with a stated coupon rate of 8.125% (the “2020 Notes” and together with the 2018 Notes, the “Notes”). The 2018 Notes were priced at 99.276% of par, resulting in a yield to maturity of 8.00%, and the 2020 Notes were priced at 99.164% of par, resulting in a yield to maturity of 8.25%. The Notes were issued on March 26, 2010, and the net proceeds, together with existing cash on hand, were used to repay in full an aggregate amount of $925.0 million of term loans provided under the Company’s first and second lien credit agreements.

Interest is payable on the Notes on March 15 and September 15 of each year, beginning September 15, 2010. The 2018 Notes mature on March 15, 2018, and the 2020 Notes mature on March 15, 2020.

The Notes are senior unsecured obligations. Obligations under the Notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis, by certain of Lear’s domestic subsidiaries, which are directly or indirectly 100% owned by Lear (see Note 17, “Supplemental Guarantor Condensed Consolidating Financial Statements”).

The indenture governing the Notes contains restrictive covenants that, among other things, limit the ability of the Company and its subsidiaries to: (i) incur additional debt, (ii) pay dividends and make other restricted payments, (iii) create or permit certain liens, (iv) issue or sell capital stock of the Company’s restricted subsidiaries, (v) use the proceeds from sales of assets and subsidiary stock, (vi) create or permit restrictions on the ability of the Company’s restricted subsidiaries to pay dividends or make other distributions to the Company, (vii) enter into transactions with affiliates, (viii) enter into sale and leaseback transactions and (ix) consolidate or merge or sell all or substantially all of the Company’s assets. The foregoing limitations are subject to exceptions as set forth in the Notes. In addition, if in the future the Notes have an investment grade credit rating from both Moody’s Investors Service and Standard & Poor’s Ratings Services and no default has occurred and is continuing, certain of these covenants will, thereafter, no longer apply to the Notes for so long as the Notes have an investment grade credit rating by both rating agencies. The indenture governing the Notes also contains customary events of default. As of October 1, 2011, the Company was in compliance with all covenants under the indenture governing the Notes.

As discussed above, in 2010, the Company used the net proceeds from the issuance of the Notes, together with existing cash on hand, to repay in full all amounts outstanding under the term loans provided under the Company’s first and second lien credit agreements. In connection with the issuance of the Notes, the repayment of the term loans and the related amendments to the first lien credit agreement, the Company recognized a loss on the extinguishment of debt of $11.8 million in the first quarter of 2010, resulting from the write-off of unamortized debt issuance costs, and paid debt issuance costs of $17.6 million in the first half of 2010. The debt issuance costs are being amortized over the life of the related debt. The loss on the extinguishment of debt is recorded in other expense, net. See Note 9, “Other Expense, Net.”

Revolving Credit Facility

On June 17, 2011, the Company entered into an amendment and restatement of its senior secured credit agreement (the “Amended and Restated Credit Agreement”) to, among other things, (i) extend the maturity of the Company’s existing revolving credit facility from March 18, 2013 to June 17, 2016, (ii) increase the amount available under its existing revolving credit facility from $110 million to $500 million, (iii) adjust the interest rates payable on outstanding borrowings, as described below, and (iv) modify the covenants under the existing credit agreement to provide the Company with significant flexibility with respect to certain actions. In connection with this amendment and restatement, the Company paid debt issuance costs of $4.8 million in the second quarter of 2011. The revolving credit facility permits borrowings for general corporate and working capital purposes and the issuance of letters of credit. As of October 1, 2011, there were no borrowings outstanding under the revolving credit facility.

Advances under the revolving credit facility generally bear interest at a variable rate per annum equal to (i) the Eurocurrency Rate (as defined in the Amended and Restated Credit Agreement) plus an adjustable margin of 1.375% to 3.0% based on the Company’s corporate rating (2.25% as of October 1, 2011), payable on the last day of each applicable interest period but in no event less frequently than quarterly, or (ii) the Adjusted Base Rate (as defined in the Amended and Restated Credit Agreement) plus an adjustable margin of 0.375% to 2.0% based on the Company’s corporate rating (1.25% as of October 1, 2011), payable quarterly. A facility fee is payable which ranges from 0.375% to 0.50% of the total amount committed under the revolving credit facility.

Obligations under the Amended and Restated Credit Agreement are secured on a first priority basis by a lien on substantially all of the U.S. assets of Lear and its domestic subsidiaries, as well as 100% of the stock of Lear’s domestic subsidiaries and 65% of the stock of certain of Lear’s foreign subsidiaries. In addition, obligations under the Amended and Restated Credit Agreement are guaranteed, jointly and severally, on a first priority basis, by certain of Lear’s domestic subsidiaries, which are directly or indirectly 100% owned by Lear (see Note 17, “Supplemental Guarantor Condensed Consolidating Financial Statements”).

The Amended and Restated Credit Agreement contains various customary representations, warranties and covenants by the Company, including, without limitation, (i) covenants regarding maximum leverage and minimum interest coverage, (ii) limitations on fundamental changes involving the Company or its subsidiaries and (iii) limitations on indebtedness, liens, investments and restricted payments. As of October 1, 2011, the Company was in compliance with all covenants under the agreement governing the Amended and Restated Credit Agreement.

For further information on the Notes and the revolving credit facility, see Note 8, “Long-Term Debt,” to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010.

Pension and Other Postretirement Benefit Plans

9 Months Ended

Oct. 01, 2011

(8) Pension and Other Postretirement Benefit Plans

Net Periodic Pension and Other Postretirement Benefit Cost

The components of the Company’s net periodic pension benefit cost are shown below (in millions):


	Three Months Ended												Nine Months Ended
	October 1, 2011						October 2, 2010						October 1, 2011						October 2, 2010
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Service cost	$	0.7		$	1.7		$	0.8		$	1.2		$	2.2		$	5.0		$	2.4		$	3.5
Interest cost		5.8			6.4			5.8			5.9			17.5			19.1			17.4			17.7
Expected return on plan assets		(6.5	)		(7.9	)		(5.9	)		(6.8	)		(19.7	)		(23.6	)		(17.6	)		(20.5	)
Amortization of actuarial loss		—			0.1			—			—			—			0.2			—			—
Curtailment loss		—			—			—			3.5			—			—			—			3.5
Settlement gain		—			—			—			—			(0.1	)		—			(0.1	)		—

Net periodic benefit cost	$	—		$	0.3		$	0.7		$	3.8		$	(0.1	)	$	0.7		$	2.1		$	4.2

The components of the Company’s net periodic other postretirement benefit cost are shown below (in millions):


	Three Months Ended								Nine Months Ended
	October 1, 2011				October 2, 2010				October 1, 2011				October 2, 2010
	U.S.		Foreign		U.S.		Foreign		U.S.		Foreign		U.S.		Foreign
Service cost	$	0.1	$	0.4	$	0.2	$	0.2	$	0.3	$	0.8	$	0.4	$	0.6
Interest cost		1.4		0.8		1.3		0.9		4.1		2.8		4.0		2.7
Amortization of actuarial loss		—		0.1		—		—		0.2		0.1		—		—
Special termination benefits		—		—		—		—		—		—		—		0.1

Net periodic benefit cost	$	1.5	$	1.3	$	1.5	$	1.1	$	4.6	$	3.7	$	4.4	$	3.4

Contributions

Employer contributions to the Company’s domestic and foreign pension plans for the nine months ended October 1, 2011, were $16.3 million, in aggregate. The Company expects total contributions of approximately $30 to $35 million to its domestic and foreign pension plans, in aggregate, in 2011. The Company may elect to make contributions in excess of minimum funding requirements in response to investment performance or changes in interest rates or when the Company believes that it is financially advantageous to do so and based on its other cash requirements.

Employer contributions to the Company’s defined contribution retirement program for its salaried employees, determined as a percentage of each covered employee’s eligible compensation, for the nine months ended October 1, 2011, were $9.8 million. The Company expects total contributions of approximately $13 million to this program in 2011.

Recent Legislation

In March 2010, the Patient Protection and Affordable Care Act and the Health Care Education and Affordability Reconciliation Act (the “Acts”) were signed into law. The Acts contain provisions that impact the Company’s accounting for retiree medical benefits. The impact of these provisions was not significant and was included in the determination of the Company’s other postretirement benefit plan obligation as of December 31, 2010. The Company will continue to assess the provisions of the Acts and may consider plan amendments to respond to the provisions of the Acts.

The entire disclosure for pension and other postretirement benefits.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Other Expense, Net

9 Months Ended

Oct. 01, 2011

Other Expense, Net

(9) Other Expense, Net

Other expense, net includes equity in net income of affiliates, non-income related taxes, foreign exchange gains and losses, gains and losses related to certain derivative instruments and hedging activities, gains and losses on the sales of assets and other miscellaneous income and expense. A summary of other expense, net is shown below (in millions):


	Three Months Ended						Nine Months Ended
	October 1, 2011			October 2, 2010			October 1, 2011			October 2, 2010
Other expense	$	13.0		$	12.8		$	18.4		$	32.9
Other income		(4.5	)		(9.8	)		(12.7	)		(31.4	)

Other expense, net	$	8.5		$	3.0		$	5.7		$	1.5

For the three and nine months ended October 1, 2011, other income includes gains of $1.9 million and $5.8 million, respectively, related to affiliate transactions. For the three and nine months ended October 1, 2011, other income includes equity in net income of affiliates of $1.7 million and $9.6 million, respectively.

For the nine months ended October 2, 2010, other expense includes a loss on the extinguishment of debt of $11.8 million, resulting from the write-off of unamortized debt issuance costs. For the three and nine months ended October 2, 2010, other income includes equity in net income of affiliates of $8.7 million and $26.5 million, respectively.

Income Taxes

9 Months Ended

Oct. 01, 2011

Income Taxes

(10) Income Taxes

The provision for income taxes was $31.0 million for the third quarter of 2011, representing an effective tax rate of 22.3% on pretax income of $139.1 million, as compared to $5.4 million for the third quarter of 2010, representing an effective tax rate of 5.2% on pretax income of $103.9 million. The provision for income taxes was $90.7 million for the nine months ended October 1, 2011, representing an effective tax rate of 16.6% on pretax income of $547.2 million, as compared to $29.1 million for the nine months ended October 2, 2010, representing an effective tax rate of 7.9% on a pretax income of $366.7 million.

In the first nine months of 2011, the provision for income taxes was impacted by the level and mix of earnings among tax jurisdictions, tax benefits of $22.9 million related to the reversal of full valuation allowances on the deferred tax assets of two foreign subsidiaries and an increase in tax expense related to the phase out of preferential tax holiday rates in several Chinese subsidiaries. The provision was also impacted by a portion of the Company’s restructuring charges and other expenses, for which no tax benefit was provided as the charges were incurred in certain countries for which no tax benefit is likely to be realized due to a history of operating losses in those countries. In the first nine months of 2010, the provision for income taxes was impacted by the mix of earnings among tax jurisdictions, tax benefits of $32.8 million, including interest, related to reductions in recorded tax reserves and net tax benefits of $3.1 million related to restructuring, the reduction of a valuation allowance in a foreign subsidiary and various other items. The provision was also impacted by a portion of the Company’s restructuring charges and other expenses, for which no tax benefit was provided as the charges were incurred in certain countries for which no tax benefit is likely to be realized due to a history of operating losses in those countries. Excluding these items, the effective tax rate in the first nine months of 2011 and 2010 approximated the U.S. federal statutory income tax rate of 35% adjusted for income taxes on foreign earnings, losses and remittances, foreign and U.S. valuation allowances, tax credits, income tax incentives and other permanent items.

Further, the Company’s current and future provision for income taxes is significantly impacted by the initial recognition of and changes in valuation allowances in certain countries, particularly the United States. The Company intends to maintain these allowances until it is more likely than not that the deferred tax assets will be realized. The Company’s future income taxes will include no tax benefit with respect to losses incurred and no tax expense with respect to income generated in these countries until the respective valuation allowances are eliminated. Accordingly, income taxes are impacted by the U.S. and foreign valuation allowances and the mix of earnings among jurisdictions.

The Company was profitable in the first nine months of 2011 and in 2010 in the United States and in certain international jurisdictions for which it has provided a full valuation allowance against its deferred tax assets. If the Company continues to experience sustained levels of profitability in the United States and these international jurisdictions, its assessment of the need for a full valuation allowance with respect to the deferred tax assets in those jurisdictions could change. Any reduction to a valuation allowance will reduce the Company’s tax expense in the period in which such reduction occurs.

In connection with the Company’s emergence from Chapter 11 bankruptcy proceedings, the Company increased its U.S. net operating loss carryforwards and retained its capital loss and tax credit carryforwards (collectively, the “Tax Attributes”). However, Internal Revenue Code (“IRC”) Sections 382 and 383 provide an annual limitation with respect to the ability of a corporation to utilize its Tax Attributes, as well as certain built-in-losses, against future U.S. taxable income in the event of a change in ownership. The Company’s emergence from Chapter 11 bankruptcy proceedings is considered a change in ownership for purposes of IRC Section 382. The limitation under the IRC is based on the value of the corporation as of the emergence date. As a result, the Company’s future U.S. taxable income may not be fully offset by the Tax Attributes if such income exceeds its annual limitation, and the Company may incur a tax liability with respect to such income. In addition, subsequent changes in ownership for purposes of the IRC could further limit the Company’s ability to use its Tax Attributes.

For further information , see Note 9, “Income Taxes,” to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2010.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Net Income Per Share Attributable to Lear

Net Income Per Share Attributable to Lear

9 Months Ended

Oct. 01, 2011

(11) Net Income Per Share Attributable to Lear

Basic net income per share attributable to Lear was computed using the two-class method by dividing net income attributable to Lear, after deducting undistributed earnings allocated to participating securities, by the average number of common shares outstanding during the period. Common shares issuable upon the satisfaction of certain conditions pursuant to a contractual agreement, such as those common shares contemplated as part of the Company’s emergence from Chapter 11 bankruptcy proceedings, are considered common shares outstanding and are included in the computation of basic net income per share attributable to Lear. The Company’s preferred shares that were outstanding during a portion of 2010 were considered participating securities. There were no preferred shares outstanding during 2011 as all of the Company’s remaining preferred shares outstanding were converted into shares of common stock on November 10, 2010. For the three and nine months ended October 2, 2010, average participating securities outstanding were 2,367,115 and 4,480,401, respectively (such securities were convertible into 4,734,230 and 8,960,802 shares, respectively, of common stock after giving effect to the two-for-one stock split described in Note 12, “Comprehensive Income and Equity”).

Diluted net income per share attributable to Lear was computed using the treasury stock method by dividing net income attributable to Lear by the average number of common shares outstanding, including the dilutive effect of common stock equivalents using the average share price during the period.

A summary of information used to compute basic net income per share attributable to Lear is shown below (in millions, except share data):


	Three Months Ended					Nine Months Ended
	October 1, 2011		October 2, 2010			October 1, 2011		October 2, 2010
Net income attributable to Lear	$	100.7	$	95.3		$	434.2	$	321.2
Less: Undistributed earnings allocated to participating securities		—		(4.3	)		—		(28.5	)

Net income available to Lear common shareholders	$	100.7	$	91.0		$	434.2	$	292.7

Average common shares outstanding ⁽¹⁾		103,356,696		99,332,230			104,363,937		91,952,210

Basic net income per share attributable to Lear ⁽¹⁾	$	0.97	$	0.92		$	4.16	$	3.18

⁽¹⁾	2010 share and per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, “Comprehensive Income and Equity.”

A summary of information used to compute diluted net income per share attributable to Lear is shown below (in millions, except share data):


	Three Months Ended				Nine Months Ended
	October 1, 2011		October 2, 2010		October 1, 2011		October 2, 2010
Net income attributable to Lear	$	100.7	$	95.3	$	434.2	$	321.2

Average common shares outstanding ⁽¹⁾		103,356,696		99,332,230		104,363,937		91,952,210
Dilutive effect of common stock equivalents ⁽¹⁾		2,452,053		8,884,432		2,795,339		16,149,572

Average diluted shares outstanding ⁽¹⁾		105,808,749		108,216,662		107,159,276		108,101,782

Diluted net income per share attributable to Lear ⁽¹⁾	$	0.95	$	0.88	$	4.05	$	2.97

⁽¹⁾	2010 share and per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, “Comprehensive Income and Equity.”

The Company’s participating securities were convertible into common stock on a two-for-one basis, after giving effect to the two-for-one stock split described in Note 12, “Comprehensive Income and Equity,” and participated ratably with common stock on dividends. Accordingly, diluted net income per share attributable to Lear computed using the two-class method produced the same result.

Comprehensive Income and Equity

9 Months Ended

Oct. 01, 2011

Comprehensive Income and Equity

(12) Comprehensive Income and Equity

Comprehensive Income

Comprehensive income is defined as all changes in the Company’s net assets except changes resulting from transactions with stockholders. It differs from net income in that certain items recorded in equity are included in comprehensive income.

A summary of comprehensive income and reconciliations of equity, Lear Corporation stockholders’ equity and noncontrolling interests for the three and nine months ended October 1, 2011, is shown below (in millions):


	Three Months Ended October 1, 2011									Nine Months Ended October 1, 2011
	Equity			Attributable to Lear Corporation Stockholders			Non-controlling Interests			Equity			Attributable to Lear Corporation Stockholders			Non-controlling Interests
Beginning equity balance	$	2,901.9		$	2,792.7		$	109.2		$	2,568.8		$	2,460.2		$	108.6
Stock-based compensation transactions and other		10.3			10.3			—			25.8			25.8			—
Repurchase of common stock		(94.2	)		(94.2	)		—			(194.2	)		(194.2	)		—
Dividends declared to Lear Corporation stockholders		(13.2	)		(13.2	)		—			(40.0	)		(40.0	)		—
Dividends paid to noncontrolling interests		(0.3	)		—			(0.3	)		(18.5	)		—			(18.5	)
Addition to noncontrolling interests		—			—			—			2.4			—			2.4
Comprehensive income:
Net income		108.1			100.7			7.4			456.5			434.2			22.3
Other comprehensive income (loss), net of tax:
Defined benefit plan adjustments		0.1			0.1			—			0.3			0.3			—
Derivative instruments and hedging activities		(51.9	)		(51.9	)		—			(45.0	)		(45.0	)		—
Foreign currency translation adjustments		(117.6	)		(118.0	)		0.4			(12.9	)		(14.8	)		1.9

Other comprehensive income (loss)		(169.4	)		(169.8	)		0.4			(57.6	)		(59.5	)		1.9

Comprehensive income (loss)		(61.3	)		(69.1	)		7.8			398.9			374.7			24.2

Ending equity balance	$	2,743.2		$	2,626.5		$	116.7		$	2,743.2		$	2,626.5		$	116.7

In the three months ended October 1, 2011, foreign currency translation adjustments relate primarily to the Euro.


	Three Months Ended October 2, 2010									Nine Months Ended October 2, 2010
	Equity			Attributable to Lear Corporation Stockholders			Non- controlling Interests			Equity			Attributable to Lear Corporation Stockholders			Non- controlling Interests
Beginning equity balance	$	2,322.5		$	2,214.5		$	108.0		$	2,181.8		$	2,089.1		$	92.7
Stock-based compensation transactions and other		4.0			4.0			—			13.1			13.1			—
Dividends paid to noncontrolling interests		(9.3	)		—			(9.3	)		(13.9	)		—			(13.9	)
Transaction with affiliates		—			—			—			6.5			—			6.5
Comprehensive income:
Net income		98.5			95.3			3.2			337.6			321.2			16.4
Other comprehensive income (loss), net of tax:
Defined benefit plan adjustments		(1.9	)		(1.9	)		—			(2.1	)		(2.1	)		—
Derivative instruments and hedging activities		3.5			3.5			—			3.7			3.7			—
Foreign currency translation adjustments		120.7			119.0			1.7			11.3			9.4			1.9

Other comprehensive income		122.3			120.6			1.7			12.9			11.0			1.9

Comprehensive income		220.8			215.9			4.9			350.5			332.2			18.3

Ending equity balance	$	2,538.0		$	2,434.4		$	103.6		$	2,538.0		$	2,434.4		$	103.6

In the three months ended October 2, 2010, foreign currency translation adjustments relate primarily to the Euro.

Lear Corporation Stockholders’ Equity

Common Stock Share Repurchase Program — On February 16, 2011, the Company’s Board of Directors authorized a three year, $400 million common stock share repurchase program. Under this program, the Company may repurchase shares of its outstanding common stock from time to time in open market or privately negotiated transactions at prices, times and amounts to be determined by the Company. The common stock repurchase authorization expires on February 16, 2014. In the first nine months of 2011, the Company repurchased 4,082,523 shares of its outstanding common stock at an average purchase price of $47.57 per share, excluding commissions, (shares and price per share have been retroactively adjusted to reflect the two-for-one stock split discussed below) for an aggregate purchase price of $194.2 million and may repurchase an additional $205.8 million in shares of its outstanding common stock under this program. The extent to which the Company will repurchase its outstanding common stock and the timing of such repurchases will depend upon its financial condition, prevailing market conditions, alternative uses of capital and other factors. In addition, the Company’s amended and restated credit facility and indentures governing the Notes place certain limitations on the repurchase of common shares.

In addition to shares repurchased under the Company’s common stock share repurchase program described above, the Company classified shares withheld from the settlement of the Company’s restricted stock unit awards to cover minimum tax withholding requirements as common stock held in treasury in the accompanying condensed consolidated balance sheets as of October 1, 2011 and December 31, 2010.

Stock Split — On February 16, 2011, the Company’s Board of Directors declared a two-for-one stock split of the Company’s common stock. On March 17, 2011, as a result of the stock split, stockholders of record as of the close of business on March 4, 2011, received one additional share of common stock for every one share of the common stock held by the stockholders of record. The Company recorded a transfer from additional paid-in-capital to common stock of $0.5 million, representing $0.01 par value of each share of common stock issued. In addition, as a result of the stock split, warrant holders are entitled to exercise each warrant for two shares of common stock at an exercise price of $0.005 per share of common stock. Except as otherwise expressly stated, all issued common stock shares and per share amounts presented in the accompanying condensed consolidated financial statements have been retroactively adjusted to reflect the stock split for all periods presented.

Quarterly Dividend — The Company’s Board of Directors declared quarterly cash dividends of $0.125 per share of common stock in the first, second and third quarters of 2011. Declared dividends totaled $40.0 million, in aggregate, of which $38.3 million was paid in 2011. Dividends payable on common shares to be distributed under the Company’s stock-based compensation program and common shares contemplated as part of the Company’s emergence from Chapter 11 bankruptcy proceedings will be paid when such common shares are distributed.

Noncontrolling Interests

In the nine months ended October 1, 2011, addition to noncontrolling interests reflects the acquisition of a controlling interest in an affiliate previously accounted for under the equity method. In the nine months ended October 2, 2010, transaction with affiliates reflects the sale of noncontrolling interests in two previously wholly owned subsidiaries.

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 4
-Section 08
-Paragraph d

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7, 11A
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB TOPIC 4.C)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770

Legal and Other Contingencies

Legal and Other Contingencies

9 Months Ended

Oct. 01, 2011

(13) Legal and Other Contingencies

As of October 1, 2011 and December 31, 2010, the Company had recorded reserves for pending legal disputes, including commercial disputes and other matters, of $17.2 million and $23.4 million, respectively. Such reserves reflect amounts recognized in accordance with GAAP and typically exclude the cost of legal representation. Product liability and warranty reserves are recorded separately from legal reserves, as described below.

On October 5, 2011, a plaintiff filed a putative class action complaint in United States district court against the Company and several other global suppliers of automotive wire harnesses alleging violations of federal and state antitrust and related laws. Since that time, several other plaintiffs have filed substantially similar class action complaints against the Company and these and other suppliers and individuals, and it is possible that additional similar lawsuits may be filed in the future. Plaintiffs claim that they are indirect purchasers of automotive wire harnesses supplied by the Company and/or the other defendants in vehicles purchased or leased by the plaintiffs for personal use or for resale. The complaints allege that the defendants conspired to fix prices at which automotive wire harnesses were sold and that this had an anticompetitive effect upon interstate commerce in the United States. The complaints further allege that defendants fraudulently concealed their alleged conspiracy. The plaintiffs in these proceedings seek injunctive relief and recovery of an unspecified amount of damages, as well as costs and expenses relating to the proceedings, including attorneys’ fees. One plaintiff has filed a motion with the Judicial Panel on Multidistrict Litigation requesting that these separate civil proceedings be consolidated into one proceeding before the U.S. District Court for the Eastern District of Michigan. Responses to this motion are due in November 2011. The ultimate outcome of this litigation, and consequently, an estimate of the possible loss, if any, related to this litigation cannot reasonably be determined at this time. However, the Company believes the plaintiffs’ allegations against it are without merit and intends to vigorously defend itself in these proceedings.

Commercial Disputes

The Company is involved from time to time in legal proceedings and claims, including, without limitation, commercial or contractual disputes with its customers, suppliers and competitors. These disputes vary in nature and are usually resolved by negotiations between the parties.

Product Liability and Warranty Matters

In the event that use of the Company’s products results in, or is alleged to result in, bodily injury and/or property damage or other losses, the Company may be subject to product liability lawsuits and other claims. Such lawsuits generally seek compensatory damages, punitive damages and attorney fees and costs. In addition, the Company is a party to warranty-sharing and other agreements with certain of its customers related to its products. These customers may pursue claims against the Company for contribution of all or a portion of the amounts sought in connection with product liability and warranty claims. The Company can provide no assurance that it will not experience material claims in the future or that it will not incur significant costs to defend such claims. In addition, if any of the Company’s products are, or are alleged to be, defective, the Company may be required or requested by its customers to participate in a recall or other corrective action involving such products. Certain of the Company’s customers have asserted claims against the Company for costs related to recalls or other corrective actions involving its products.

In certain instances, allegedly defective products may be supplied by tier 2 suppliers. The Company may seek recovery from its suppliers of materials or services included within the Company’s products that are associated with product liability and warranty claims. The Company carries insurance for certain legal matters, including product liability claims, but such coverage may be limited.

The Company does not maintain insurance for product warranty or recall matters. Future dispositions with respect to the Company’s product liability claims that were subject to compromise under the Chapter 11 bankruptcy proceedings will be satisfied out of a common stock and warrant reserve established for that purpose.

The Company records product warranty reserves based on its individual customer agreements. Product warranty reserves are recorded for known warranty issues when liability for such issues is probable and related amounts are reasonably estimable.

A summary of the changes in reserves for product liability and warranty claims for the nine months ended October 1, 2011, is shown below (in millions):


Balance as of January 1, 2011	$	43.6
Expense, net (including changes in estimates)		1.5
Settlements		(5.8	)
Foreign currency translation and other		0.7

Balance as of October 1, 2011	$	40.0

Environmental Matters

The Company is subject to local, state, federal and foreign laws, regulations and ordinances which govern activities or operations that may have adverse environmental effects and which impose liability for clean-up costs resulting from past spills, disposals or other releases of hazardous wastes and environmental compliance. The Company’s policy is to comply with all applicable environmental laws and to maintain an environmental management program based on ISO 14001 to ensure compliance with this standard. However, the Company currently is, has been and in the future may become the subject of formal or informal enforcement actions or procedures.

The Company has been named as a potentially responsible party at several third-party landfill sites and is engaged in the cleanup of hazardous waste at certain sites owned, leased or operated by the Company, including several properties acquired in its 1999 acquisition of UT Automotive, Inc. (“UT Automotive”). Certain present and former properties of UT Automotive are subject to environmental liabilities which may be significant. The Company obtained agreements and indemnities with respect to certain environmental liabilities from United Technologies Corporation (“UTC”) in connection with its acquisition of UT Automotive. UTC manages and directly funds these environmental liabilities pursuant to its agreements and indemnities with the Company.

As of October 1, 2011 and December 31, 2010, the Company had recorded environmental reserves of $2.9 million and $2.7 million, respectively. While the Company does not believe that the environmental liabilities associated with its current and former properties will have a material adverse impact on its business, financial condition, results of operations or cash flows, no assurance can be given in this regard.

Other Matters

Although the Company records reserves for legal disputes, product liability and warranty claims and environmental and other matters in accordance with GAAP, the ultimate outcomes of these matters are inherently uncertain. Actual results may differ significantly from current estimates.

The Company is involved from time to time in various other legal proceedings and claims, including, without limitation, commercial and contractual disputes, intellectual property matters, personal injury claims, tax claims and employment matters. Although the outcome of any legal matter cannot be predicted with certainty, the Company does not believe that any of these other legal proceedings or claims in which the Company is currently involved, either individually or in the aggregate, will have a material adverse impact on its business, financial condition, results of operations or cash flows. However, no assurance can be given in this regard.

The entire disclosure for commitments and contingencies.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Segment Reporting

9 Months Ended

Oct. 01, 2011

Segment Reporting

(14) Segment Reporting

The Company has two reportable operating segments: seating, which includes seat systems and related components, such as seat frames, recliner mechanisms, seat tracks, seat trim covers, headrests and seat foam, and electrical power management systems (“EPMS”), which includes wiring, connectors, junction boxes and various other components of electrical distribution systems for traditional powertrain vehicles, as well as for hybrid and electric vehicles. The other category includes unallocated costs related to corporate headquarters, geographic headquarters and the elimination of intercompany activities, none of which meets the requirements of being classified as an operating segment.

The Company evaluates the performance of its operating segments based primarily on (i) revenues from external customers, (ii) pretax income before interest and other expense, net (“segment earnings”) and (iii) cash flows, being defined as segment earnings less capital expenditures plus depreciation and amortization. A summary of revenues from external customers and other financial information by reportable operating segment is shown below (in millions):


	Three Months Ended October 1, 2011
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	2,687.8	$	772.2	$	—		$	3,460.0
Segment earnings ⁽¹⁾		169.9		40.6		(52.0	)		158.5
Depreciation and amortization		36.6		25.0		1.9			63.5
Capital expenditures		56.1		33.7		1.7			91.5
Total assets		3,919.4		1,313.5		1,983.0			7,215.9


	Three Months Ended October 2, 2010
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	2,208.7	$	611.6	$	—		$	2,820.3
Segment earnings ⁽¹⁾		139.8		24.3		(45.3	)		118.8
Depreciation and amortization		36.2		20.9		1.6			58.7
Capital expenditures		24.1		13.4		1.4			38.9
Total assets		3,633.3		1,098.1		1,904.9			6,636.3


	Nine Months Ended October 1, 2011
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	8,272.7	$	2,375.3	$	—		$	10,648.0
Segment earnings ⁽¹⁾		601.8		133.2		(157.2	)		577.8
Depreciation and amortization		111.7		72.1		5.5			189.3
Capital expenditures		135.5		107.9		4.3			247.7
Total assets		3,919.4		1,313.5		1,983.0			7,215.9


	Nine Months Ended October 2, 2010
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	6,929.7	$	1,868.4	$	—		$	8,798.1
Segment earnings ⁽¹⁾		496.7		73.4		(157.7	)		412.4
Depreciation and amortization		107.6		62.1		4.6			174.3
Capital expenditures		71.1		40.0		4.2			115.3
Total assets		3,633.3		1,098.1		1,904.9			6,636.3

⁽¹⁾	See definition above.

For the three months ended October 1, 2011, segment earnings include restructuring charges (credits) of $8.6 million, $0.8 million and ($0.1) million in the seating and EPMS segments and in the other category, respectively. For the nine months ended October 1, 2011, segment earnings include restructuring charges of $12.0 million and $1.9 million in the seating and EPMS segments, respectively. For the three months ended October 2, 2010, segment earnings include restructuring charges of $24.0 million, $1.0 million and $0.6 million in the seating and EPMS segments and in the other category, respectively. For the nine months ended October 2, 2010, segment earnings include restructuring charges of $32.9 million, $15.2 million and $1.8 million in the seating and EPMS segments and in the other category, respectively. See Note 2, “Restructuring Activities.”

A reconciliation of consolidated segment earnings to consolidated income before provision for income taxes is shown below (in millions):


	Three Months Ended				Nine Months Ended
	October 1, 2011		October 2, 2010		October 1, 2011		October 2, 2010
Segment earnings	$	158.5	$	118.8	$	577.8	$	412.4
Interest expense		10.9		11.9		24.9		44.2
Other expense, net		8.5		3.0		5.7		1.5

Consolidated income before provision for income taxes	$	139.1	$	103.9	$	547.2	$	366.7

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Accounting Pronouncements

Financial Instruments

9 Months Ended

Oct. 01, 2011

Financial Instruments

(15) Financial Instruments

The carrying values of the Company’s debt instruments vary from their fair values. The fair values were determined by reference to the quoted market prices of these securities. As of October 1, 2011, the aggregate carrying value of the Company’s Notes was $695.2 million, as compared to an estimated aggregate fair value of $742.0 million. As of December 31, 2010, the aggregate carrying value of the Company’s Notes was $694.9 million, as compared to an estimated aggregate fair value of $755.6 million.

Derivative Instruments and Hedging Activities

The Company has used derivative financial instruments, including forwards, futures, options, swaps and other derivative contracts to reduce the effects of fluctuations in foreign exchange rates, interest rates and commodity prices and the resulting variability of the Company’s operating results. The Company is not a party to leveraged derivatives. On the date that a derivative contract is entered into, the Company designates the derivative as either (1) a hedge of a recognized asset or liability or of an unrecognized firm commitment (a fair value hedge), (2) a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability (a cash flow hedge) or (3) a hedge of a net investment in a foreign operation (a net investment hedge).

Foreign exchange — The Company uses forward foreign exchange, futures and option contracts to reduce the effect of fluctuations in foreign exchange rates on known foreign currency exposures. Gains and losses on the derivative instruments are intended to offset gains and losses on the hedged transaction in an effort to reduce the earnings volatility resulting from fluctuations in foreign exchange rates. Currently, the principal currencies hedged by the Company include the Mexican peso, various European currencies and the Chinese renminbi. Forward foreign exchange, futures and option contracts are accounted for as cash flow hedges when the hedged item is a forecasted transaction or relates to the variability of cash flows to be received or paid. As of October 1, 2011 and December 31, 2010, contracts designated as cash flow hedges with $509.4 million and $174.7 million, respectively, of notional amount were outstanding with maturities of less than 18 months and 12 months, respectively. As of October 1, 2011 and December 31, 2010, the fair value of these contracts was approximately ($45.6) million and ($1.3) million, respectively. As of October 1, 2011 and December 31, 2010, other foreign currency derivative contracts that did not qualify for hedge accounting with $57.0 million and $140.6 million, respectively, of notional amount were outstanding. These foreign currency derivative contracts consist principally of hedges of cash transactions of up to three months, hedges of intercompany loans and hedges of certain other balance sheet exposures. As of October 1, 2011 and December 31, 2010, the fair value of these contracts was $0.7 million and $0.4 million, respectively.

The fair value of outstanding foreign currency derivative contracts and the related classification in the accompanying condensed consolidated balance sheets as of October 1, 2011 and December 31, 2010, are shown below (in millions):


	October 1, 2011			December 31, 2010
Contracts qualifying for hedge accounting:
Other current assets	$	0.6		$	0.2
Other current liabilities		(37.5	)		(1.5	)
Other long-term liabilities		(8.7	)		—

		(45.6	)		(1.3	)

Contracts not qualifying for hedge accounting:
Other current assets		1.0			0.7
Other current liabilities		(0.3	)		(0.3	)

		0.7			0.4

	$	(44.9	)	$	(0.9	)

Pretax amounts related to foreign currency derivative contracts that were recognized in and reclassified from accumulated other comprehensive loss are shown below (in millions):


	Three Months Ended						Nine Months Ended
	October 1, 2011			October 2, 2010			October 1, 2011			October 2, 2010
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$	(55.2	)	$	5.7		$	(45.8	)	$	10.5
(Gains) losses reclassified from accumulated other comprehensive loss		3.9			(2.2	)		1.6			(6.8	)

Comprehensive income (loss)	$	(51.3	)	$	3.5		$	(44.2	)	$	3.7

For the three and nine months ended October 1, 2011, net sales includes losses of ($0.8) million and ($1.0) million, respectively, reclassified from accumulated other comprehensive loss related to foreign currency derivative contracts. For the three and nine months ended October 1, 2011, cost of sales includes losses of ($3.1) million and ($0.6) million, respectively, reclassified from accumulated other comprehensive loss related to foreign currency derivative contracts. For the three and nine months ended October 2, 2010, net sales includes losses of ($0.5) million and ($0.2) million, respectively, reclassified from accumulated other comprehensive loss related to foreign currency derivative contracts. For the three and nine months ended October 2, 2010, cost of sales includes gains of $2.7 million and $7.0 million, respectively, reclassified from accumulated other comprehensive loss related to foreign currency derivative contracts.

Interest rate — Historically, the Company used interest rate swap and other derivative contracts to manage its exposure to fluctuations in interest rates. Interest rate swap and other derivative contracts which fix the interest payments of certain variable rate debt instruments or fix the market rate component of anticipated fixed rate debt instruments were accounted for as cash flow hedges. Interest rate swap contracts which hedge the change in fair value of certain fixed rate debt instruments were accounted for as fair value hedges. As of October 1, 2011 and December 31, 2010, there were no interest rate contracts outstanding. The Company will continue to evaluate, and may use derivative financial instruments, including forwards, futures, options, swaps and other derivative contracts to manage its exposures to fluctuations in interest rates in the future.

Commodity prices — The Company uses derivative instruments to reduce its exposure to fluctuations in copper prices. These derivative instruments are utilized to hedge forecasted inventory purchases and to the extent that they qualify and meet hedge accounting criteria, they are accounted for as cash flow hedges. Commodity swap contracts that are not designated as cash flow hedges are marked to market with changes in fair value recognized immediately in the condensed consolidated statements of income. See Note 9, “Other Expense, Net.” As of October 1, 2011, commodity swap contracts with $7.0 million of notional amount were outstanding with maturities of 12 months. As of October 1, 2011, the fair market value of these contracts was ($0.8) million. As of December 31, 2010, there were no commodity swap contracts outstanding.

The fair value of outstanding commodity swap contracts and the related classification in the accompanying condensed consolidated balance sheet as of October 1, 2011, are shown below (in millions):


	October 1, 2011
Contracts qualifying for hedge accounting:
Other current liabilities	$	(0.8	)

Pretax amounts related to commodity swap contracts that were recognized in and reclassified from accumulated other comprehensive loss are shown below (in millions):


	October 1, 2011
	Three Months Ended			Nine Months Ended
Contracts qualifying for hedge accounting:
Losses recognized in accumulated other comprehensive loss	$	(0.7	)	$	(0.9	)
Losses reclassified from accumulated other comprehensive loss		0.1			0.1

Comprehensive loss	$	(0.6	)	$	(0.8	)

As of October 1, 2011 and December 31, 2010, net losses of approximately $46.4 million and $1.3 million, respectively, related to the Company’s derivative instruments and hedging activities were recorded in accumulated other comprehensive loss. During the twelve month period ending October 1, 2012, the Company expects to reclassify into earnings net losses of approximately $37.7 million recorded in accumulated other comprehensive loss as of October 1, 2011. Such losses will be reclassified at the time that the underlying hedged transactions are realized. For the three and nine months ended October 1, 2011, other expense, net includes gains (losses) of ($2.1) million and $5.0 million, respectively, related to changes in the fair value of foreign currency derivative contracts that did not qualify for hedge accounting. For the three and nine months ended October 1, 2011 and October 2, 2010, other gains and losses recognized in other expense, net in the accompanying condensed consolidated statements of income related to changes in the fair value of cash flow and fair value hedges excluded from the Company’s effectiveness assessments and the ineffective portion of changes in the fair value of cash flow and fair value hedges were not material.

Fair Value Measurements

GAAP provides that fair value is an exit price, defined as a market-based measurement that represents the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value measurements are based on one or more of the following three valuation techniques:

Market:

This approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities.

Income:

This approach uses valuation techniques to convert future amounts to a single present value amount based on current market expectations.

Cost:

This approach is based on the amount that would be required to replace the service capacity of an asset (replacement cost).

Further, GAAP prioritizes the inputs and assumptions used in the valuation techniques described above into a three-tier fair value hierarchy as follows:

Level 1:

Observable inputs, such as quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date.

Level 2:

Inputs, other than quoted market prices included in Level 1, that are observable either directly or indirectly for the asset or liability.

Level 3:

Unobservable inputs that reflect the entity’s own assumptions about the exit price of the asset or liability. Unobservable inputs may be used if there is little or no market data for the asset or liability at the measurement date.

The Company discloses fair value measurements and the related valuation techniques and fair value hierarchy level for its assets and liabilities that are measured or disclosed at fair value.

Items measured at fair value on a recurring basis – Fair value measurements and the related valuation techniques and fair value hierarchy level for the Company’s assets and liabilities measured or disclosed at fair value on a recurring basis as of October 1, 2011 and December 31, 2010, are shown below (in millions):

		$00000		$00000			$00000		$00000		$00000			$00000
	October 1, 2011
	Frequency		Asset (Liability)			Valuation Technique		Level 1		Level 2			Level 3
Foreign currency derivative contracts		Recurring	$	(44.9	)		Market/Income	$	—	$	(44.9	)	$	—
Commodity swap contracts		Recurring	$	(0.8	)		Market/Income	$	—	$	(0.8	)	$	—

		$00000		$00000			$00000		$00000		$00000			$00000
	December 31, 2010
	Frequency		Liability			Valuation Technique		Level 1		Level 2			Level 3
Foreign currency derivative contracts		Recurring	$	(0.9	)		Market/Income	$	—	$	(0.9	)	$	—

The Company determines the fair value of its derivative contracts using quoted market prices to calculate the forward values and then discounts such forward values to the present value. The discount rates used are based on quoted bank deposit or swap interest rates. If a derivative contract is in a net liability position, these discount rates are adjusted by an estimate of the credit spread that would be applied by market participants purchasing these contracts from the Company’s counterparties. To estimate this credit spread, the Company uses significant assumptions and factors other than quoted market rates, which would result in the classification of its derivative liabilities within Level 3 of the fair value hierarchy, to the extent that such adjustment is necessary. As of October 1, 2011 and December 31, 2010, there were no derivative contracts that were classified within Level 3 of the fair value hierarchy. In addition, there were no transfers in or out of Level 3 of the fair value hierarchy during the first half of 2011.

Items measured at fair value on a non-recurring basis – The Company measures certain assets and liabilities at fair value on a non-recurring basis, which are not included in the table above. As these non-recurring fair value measurements are generally determined using unobservable inputs, these fair value measurements are classified within Level 3 of the fair value hierarchy. In the first nine months of 2011, there were no significant non-recurring fair value adjustments.

Accounting Pronouncements

9 Months Ended

Oct. 01, 2011

(16) Accounting Pronouncements

Goodwill Impairment

The Financial Accounting Standards Board (“FASB”) amended ASC 350, “Intangibles — Goodwill and Other,” with Accounting Standards Update (“ASU”) 2010-28, “When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units with Zero or Negative Carrying Amounts.” This update requires that step 2 of the goodwill impairment test (i.e., measurement and recognition of an impairment loss) be performed if a reporting unit has a carrying value equal to or less than zero and qualitative factors indicate that it is more likely than not that a goodwill impairment exists. The provisions of this update are effective for annual reporting periods beginning after December 15, 2010. The Company’s annual goodwill impairment test is conducted as of the first day of its fourth quarter. The Company does not expect the effects of adoption to be significant.

The FASB amended ASC 350, “Intangibles — Goodwill and Other,” with ASU 2011-08, “Testing Goodwill for Impairment.” This update provides entities with the option to perform a qualitative assessment of whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If it is more likely than not that the fair value of a reporting unit is less than its carrying amount, the two-step impairment test would be required. Otherwise, no further goodwill impairment testing would be required. The provisions of this update are effective for annual and interim testing periods beginning after December 15, 2011; however, early adoption is permitted. The Company expects to adopt the provisions of this ASU in connection with its 2011 annual goodwill impairment test, conducted as of its first day of the fourth quarter, and does not expect the effects of adoption to be significant.

Business Combinations

The FASB amended ASC 805, “Business Combinations,” with ASU 2010-29, “Disclosure of Supplementary Pro Forma Information for Business Combinations,” to, among other things, require pro forma revenue and earnings disclosures in comparative financial statements that reflect the results of operations of the acquired entity as though the business combination had occurred as of the beginning of the prior year. The provisions of this update are effective for annual reporting periods beginning after December 15, 2010. The Company will evaluate the impact of this update on material future business combinations.

Fair Value Measurements

The FASB amended ASC 820, “Fair Value Measurements,” with ASU 2010-06, “Improving Disclosures about Fair Value Measurements,” to require additional disclosures related to activity within Level 3 of the fair value hierarchy. The provisions of this update are effective for reporting periods beginning after December 15, 2010. The effects of adoption were not significant. For further information, see Note 15, “Financial Instruments.”

The FASB amended ASC 820, “Fair Value Measurements,” with ASU 2011-04, “Fair Value Measurement (Topic 820) — Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.” This update provides converged guidance on how to measure fair value, which is largely consistent with existing GAAP. This update also requires additional fair value measurement disclosures. The provisions of this update are effective as of January 1, 2012. The Company is currently evaluating the impact of this update on its financial statement disclosures.

Revenue Recognition

The FASB amended ASC 605, “Revenue Recognition,” with ASU 2009-13, “Revenue Recognition (Topic 605) — Multiple-Deliverable Revenue Arrangements.” If a revenue arrangement has multiple deliverables, this update requires the allocation of revenue to the separate deliverables based on relative selling prices. In addition, this update requires additional ongoing disclosures about an entity’s multiple-element revenue arrangements. The provisions of this update were effective as of January 1, 2011. The effects of adoption were not significant.

Comprehensive Income

The FASB amended ASC 220, “Comprehensive Income,” with ASU 2001-05, “Comprehensive Income (Topic 220) — Presentation of Comprehensive Income,” which revises the manner in which comprehensive income is presented in an entity’s financial statements. This update requires the presentation of the components of comprehensive income in either a continuous statement of comprehensive income or in two separate but consecutive financial statements. The option to present comprehensive income on the statement of stockholders’ equity has been eliminated. The provisions of this update are effective as of January 1, 2012. The implementation of this update will have no impact on the manner in which the Company accounts for comprehensive income.

Multiemployer Pension Plans

The FASB amended ASC 715-80, “Compensation — Retirement Benefits — Multiemployer Plans,” with ASU 2011-09, “Disclosures about an Employer’s Participation in a Multiemployer Plan.” This update requires additional qualitative and quantitative disclosures about an employer’s participation in significant multiemployer plans that offer pension or other postretirement benefits. The provisions of this update are effective for annual reporting periods ending after December 15, 2011, with early adoption permitted. The Company is currently evaluating the impact of this update on its annual financial statement disclosures and does not expect the effects of adoption to be significant.

The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period.

Supplemental Guarantor Condensed Consolidating Financial Statements

Supplemental Guarantor Condensed Consolidating Financial Statements

9 Months Ended

Oct. 01, 2011

(17) Supplemental Guarantor Condensed Consolidating Financial Statements


	October 1, 2011
	Lear			Guarantors		Non- guarantors		Eliminations			Consolidated
	(Unaudited; in millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	800.8		$	0.2	$	875.5	$	—		$	1,676.5
Accounts receivable		35.5			369.1		1,677.7		—			2,082.3
Inventories		7.7			259.9		441.3		—			708.9
Other		105.9			34.5		383.6		—			524.0

Total current assets		949.9			663.7		3,378.1		—			4,991.7

LONG-TERM ASSETS:
Property, plant and equipment, net		90.9			166.1		801.1		—			1,058.1
Goodwill		23.5			303.9		304.6		—			632.0
Investments in subsidiaries		781.8			572.4		—		(1,354.2	)		—
Other		108.9			29.4		395.8		—			534.1

Total long-term assets		1,005.1			1,071.8		1,501.5		(1,354.2	)		2,224.2

	$	1,955.0		$	1,735.5	$	4,879.6	$	(1,354.2	)	$	7,215.9

LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Accounts payable and drafts	$	96.9		$	556.9	$	1,546.0	$	—		$	2,199.8
Accrued liabilities		99.1			174.4		769.3		—			1,042.8

Total current liabilities		196.0			731.3		2,315.3		—			3,242.6

LONG-TERM LIABILITIES:
Long-term debt		695.2			—		—		—			695.2
Intercompany accounts, net		(1,710.9	)		624.3		1,086.6		—			—
Other		148.2			102.0		284.7		—			534.9

Total long-term liabilities		(867.5	)		726.3		1,371.3		—			1,230.1

EQUITY:
Lear Corporation stockholders’ equity		2,626.5			277.9		1,076.3		(1,354.2	)		2,626.5
Noncontrolling interests		—			—		116.7		—			116.7

Equity		2,626.5			277.9		1,193.0		(1,354.2	)		2,743.2

	$	1,955.0		$	1,735.5	$	4,879.6	$	(1,354.2	)	$	7,215.9


	December 31, 2010
	Lear			Guarantors		Non- guarantors		Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	808.8		$	0.4	$	844.9	$	—		$	1,654.1
Accounts receivable		37.1			248.4		1,472.9		—			1,758.4
Inventories		7.5			204.7		342.0		—			554.2
Other		115.5			10.5		292.8		—			418.8

Total current assets		968.9			464.0		2,952.6		—			4,385.5

LONG-TERM ASSETS:
Property, plant and equipment, net		96.2			154.1		744.4		—			994.7
Goodwill		23.5			303.9		287.2		—			614.6
Investments in subsidiaries		599.1			651.3		—		(1,250.4	)		—
Other		194.8			33.6		397.9		—			626.3

Total long-term assets		913.6			1,142.9		1,429.5		(1,250.4	)		2,235.6

	$	1,882.5		$	1,606.9	$	4,382.1	$	(1,250.4	)	$	6,621.1

LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Short-term borrowings	$	—		$	—	$	4.1	$	—		$	4.1
Accounts payable and drafts		97.0			395.3		1,346.1		—			1,838.4
Accrued liabilities		128.3			161.3		686.4		—			976.0

Total current liabilities		225.3			556.6		2,036.6		—			2,818.5

LONG-TERM LIABILITIES:
Long-term debt		694.9			—		—		—			694.9
Intercompany accounts, net		(1,645.6	)		553.4		1,092.2		—			—
Other		147.7			100.2		291.0		—			538.9

Total long-term liabilities		(803.0	)		653.6		1,383.2		—			1,233.8

EQUITY:
Lear Corporation stockholders’ equity		2,460.2			396.7		853.7		(1,250.4	)		2,460.2
Noncontrolling interests		—			—		108.6		—			108.6

Equity		2,460.2			396.7		962.3		(1,250.4	)		2,568.8

	$	1,882.5		$	1,606.9	$	4,382.1	$	(1,250.4	)	$	6,621.1


	For the Three Months Ended October 1, 2011
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)
Net sales	$	93.1		$	1,340.2		$	3,058.9		$	(1,032.2	)	$	3,460.0

Cost of sales		112.1			1,227.9			2,871.7			(1,032.2	)		3,179.5
Selling, general and administrative expenses		36.7			12.5			65.7			—			114.9
Amortization of intangible assets		0.3			0.1			6.7			—			7.1
Intercompany charges		0.5			0.3			(0.8	)		—			—
Interest expense		0.5			6.4			4.0			—			10.9
Other intercompany (income) expense, net		(78.3	)		46.9			31.4			—			—
Other expense, net		10.8			11.6			(13.9	)		—			8.5

Consolidated income before provision for income taxes		10.5			34.5			94.1			—			139.1
Provision for income taxes		4.1			(0.2	)		27.1			—			31.0
Equity in net income of subsidiaries		(94.3	)		—			—			94.3			—

Consolidated net income		100.7			34.7			67.0			(94.3	)		108.1
Less: Net income attributable to noncontrolling interests		—			—			7.4			—			7.4

Net income attributable to Lear	$	100.7		$	34.7		$	59.6		$	(94.3	)	$	100.7


	For the Three Months Ended October 2, 2010
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)
Net sales	$	89.5		$	1,077.4		$	2,470.3		$	(816.9	)	$	2,820.3

Cost of sales		107.9			956.7			2,336.8			(816.9	)		2,584.5
Selling, general and administrative expenses		34.3			10.4			65.3			—			110.0
Amortization of intangible assets		0.4			0.1			6.5			—			7.0
Intercompany charges		0.4			0.4			(0.8	)		—			—
Interest expense		(4.9	)		9.8			7.0			—			11.9
Other intercompany (income) expense, net		(12.5	)		10.8			1.7			—			—
Other expense, net		(0.3	)		(1.3	)		4.6			—			3.0

Consolidated income before provision for income taxes		(35.8	)		90.5			49.2			—			103.9
Provision for income taxes		(0.7	)		—			6.1			—			5.4
Equity in net income of subsidiaries		(130.4	)		(12.6	)		—			143.0			—

Consolidated net income		95.3			103.1			43.1			(143.0	)		98.5
Less: Net income attributable to noncontrolling interests		—			—			3.2			—			3.2

Net income attributable to Lear	$	95.3		$	103.1		$	39.9		$	(143.0	)	$	95.3


	For the Nine Months Ended October 1, 2011
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)
Net sales	$	272.1		$	3,918.1		$	9,546.8		$	(3,089.0	)	$	10,648.0

Cost of sales		342.0			3,572.1			8,872.4			(3,089.0	)		9,697.5
Selling, general and administrative expenses		116.6			35.9			199.1			—			351.6
Amortization of intangible assets		0.9			0.3			19.9			—			21.1
Intercompany charges		3.2			1.2			(4.4	)		—			—
Interest expense		(0.5	)		18.0			7.4			—			24.9
Other intercompany (income) expense, net		(252.9	)		137.3			115.6			—			—
Other expense, net		5.5			13.4			(13.2	)		—			5.7

Consolidated income before provision for income taxes		57.3			139.9			350.0			—			547.2
Provision for income taxes		12.6			2.4			75.7			—			90.7
Equity in net income of subsidiaries		(389.5	)		(110.1	)		—			499.6			—

Consolidated net income		434.2			247.6			274.3			(499.6	)		456.5
Less: Net income attributable to noncontrolling interests		—			—			22.3			—			22.3

Net income attributable to Lear	$	434.2		$	247.6		$	252.0		$	(499.6	)	$	434.2


	For the Nine Months Ended October 2, 2010
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)
Net sales	$	208.1		$	3,267.5		$	7,888.5		$	(2,566.0	)	$	8,798.1

Cost of sales		267.8			2,934.6			7,378.3			(2,566.0	)		8,014.7
Selling, general and administrative expenses		118.9			39.8			192.0			—			350.7
Amortization of intangible assets		1.0			0.3			19.0			—			20.3
Intercompany charges		2.8			1.3			(4.1	)		—			—
Interest expense		(12.0	)		34.1			22.1			—			44.2
Other intercompany (income) expense, net		(86.9	)		31.5			55.4			—			—
Other expense, net		13.2			(8.6	)		(3.1	)		—			1.5

Consolidated income before provision for income taxes		(96.7	)		234.5			228.9			—			366.7
Provision for income taxes		4.3			—			24.8			—			29.1
Equity in net income of subsidiaries		(422.2	)		(79.5	)		—			501.7			—

Consolidated net income		321.2			314.0			204.1			(501.7	)		337.6
Less: Net income attributable to noncontrolling interests		—			—			16.4			—			16.4

Net income attributable to Lear	$	321.2		$	314.0		$	187.7		$	(501.7	)	$	321.2


	For the Nine Months Ended October 1, 2011
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(Unaudited; in millions)
Net cash provided by operating activities	$	132.7		$	115.6		$	268.2		$	—	$	516.5
Cash Flows from Investing Activities:
Additions to property, plant and equipment		(7.5	)		(48.5	)		(191.7	)		—		(247.7	)
Other, net		23.6			2.2			(2.9	)		—		22.9

Net cash used in investing activities		16.1			(46.3	)		(194.6	)		—		(224.8	)

Cash Flows from Financing Activities:
Other long-term debt repayments, net		—			—			(1.1	)		—		(1.1	)
Short-term debt repayments, net		—			—			(4.2	)		—		(4.2	)
Payment of debt issuance costs		(4.8	)		—			—			—		(4.8	)
Repurchase of common stock		(194.2	)		—			—			—		(194.2	)
Dividends paid to Lear Corporation stockholders		(38.3	)		—			—			—		(38.3	)
Dividends paid to noncontrolling interests		—			—			(18.5	)		—		(18.5	)
Other		(3.5	)		—			0.1			—		(3.4	)
Change in intercompany accounts		84.0			(69.5	)		(14.5	)		—		—

Net cash used in financing activities		(156.8	)		(69.5	)		(38.2	)		—		(264.5	)

Effect of foreign currency translation		—			—			(4.8	)		—		(4.8	)

Net Change in Cash and Cash Equivalents		(8.0	)		(0.2	)		30.6			—		22.4
Cash and Cash Equivalents as of Beginning of Period		808.8			0.4			844.9			—		1,654.1

Cash and Cash Equivalents as of End of Period	$	800.8		$	0.2		$	875.5		$	—	$	1,676.5


	For the Nine Months Ended October 2, 2010
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(Unaudited; in millions)
Net cash provided by operating activities	$	(68.1	)	$	266.6		$	185.6		$	—	$	384.1
Cash Flows from Investing Activities:
Additions to property, plant and equipment		(8.7	)		(30.1	)		(76.5	)		—		(115.3	)
Other, net		—			2.1			—			—		2.1

Net cash used in investing activities		(8.7	)		(28.0	)		(76.5	)		—		(113.2	)

Cash Flows from Financing Activities:
Proceeds from the issuance of senior notes		694.5			—			—			—		694.5
First lien credit agreement repayments		(375.0	)		—			—			—		(375.0	)
Second lien credit agreement repayments		(550.0	)		—			—			—		(550.0	)
Other long-term debt repayments, net		—			—			(9.2	)		—		(9.2	)
Short-term debt repayments, net		—			—			(33.8	)		—		(33.8	)
Payment of debt issuance costs		(17.6	)		—			—			—		(17.6	)
Dividends paid to noncontrolling interests		—			—			(13.9	)		—		(13.9	)
Other		(3.4	)		—			—			—		(3.4	)
Change in intercompany accounts		544.1			(238.1	)		(306.0	)		—		—

Net cash used in financing activities		292.6			(238.1	)		(362.9	)		—		(308.4	)

Effect of foreign currency translation		2.2			(0.5	)		(4.7	)		—		(3.0	)

Net Change in Cash and Cash Equivalents		218.0			—			(258.5	)		—		(40.5	)
Cash and Cash Equivalents as of Beginning of Period		584.9			0.1			969.0			—		1,554.0

Cash and Cash Equivalents as of End of Period	$	802.9		$	0.1		$	710.5		$	—	$	1,513.5

Basis of Presentation — Certain of Lear’s domestic 100% owned subsidiaries (the “Guarantors”) have jointly and severally unconditionally guaranteed, on a senior unsecured basis, the performance and the full and punctual payment when due, whether at stated maturity, by acceleration or otherwise, of the Company’s obligations under its revolving credit facility and the indenture governing the Notes, including the Company’s obligations to pay principal, premium, if any, and interest with respect to the Notes. The Notes consist of $350 million in aggregate principal amount at maturity of 7.875% senior unsecured notes due 2018 and $350 million in aggregate principal amount at maturity of 8.125% senior unsecured notes due 2020. The Guarantors include Lear Automotive Dearborn, Inc., Lear Corporation EEDS and Interiors, Lear European Operations Corporation, Lear Mexican Holdings Corporation, Lear Mexican Seating Corporation, Lear Operations Corporation and Lear Trim L.P. In connection with Company’s Amended and Restated Credit Agreement, Lear #50 Holdings, LLC, Lear Automotive Manufacturing, LLC, Lear Corporation Global Development, Inc., Lear Mexican Holdings, L.L.C. and Lear South American Holdings Corporation were released as guarantors. In lieu of providing separate financial statements for the Guarantors, the Company has included the supplemental guarantor condensed consolidating financial statements above. These financial statements reflect the Guarantors listed above for all periods presented. Management does not believe that separate financial statements of the Guarantors are material to investors. Therefore, separate financial statements and other disclosures concerning the Guarantors are not presented.

The 2010 supplemental guarantor condensed consolidating financial statements have been restated to reflect certain changes to the equity investments of the Guarantors.

Distributions — There are no significant restrictions on the ability of the Guarantors to make distributions to the Company.

Selling, General and Administrative Expenses — Corporate and division selling, general and administrative expenses are allocated to the operating subsidiaries based on various factors, which estimate usage of particular corporate and division functions, and in certain instances, other relevant factors, such as the revenues or the number of employees of the Company’s subsidiaries. During the three months ended October 1, 2011 and October 2, 2010, $5.4 million and $2.2 million, respectively, of selling, general and administrative expenses were allocated from Lear. During the nine months ended October 1, 2011 and October 2, 2010, $15.6 million and $5.5 million, respectively, of selling, general and administrative expenses were allocated from Lear.

Long-Term Debt of Lear and the Guarantors — A summary of long-term debt of Lear and the Guarantors on a combined basis is shown below (in millions):


	October 1, 2011		December 31, 2010
Senior notes	$	695.2	$	694.9

Significant Accounting Policies

9 Months Ended

Oct. 01, 2011

Consolidation, Policy

Lear consolidates variable interest entities in which it has a controlling financial interest. Investments in affiliates in which Lear does not have control, but does have the ability to exercise significant influence over operating and financial policies, are accounted for under the equity method.

Fiscal Period, Policy

The Company’s annual financial results are reported on a calendar year basis and quarterly interim results are reported using a thirteen week reporting calendar.

Cost of sales

Selling, general and administrative expenses

Selling, general and administrative expenses include selling, engineering and development and administrative costs not directly associated with the manufacture and distribution of the Company’s products.

Restructuring costs

Long-Term Supply Agreements

The Company expenses all pre-production E&D costs for which reimbursement is not contractually guaranteed by the customer. In addition, the Company expenses all pre-production tooling costs related to customer-owned tools for which reimbursement is not contractually guaranteed by the customer or for which the Company does not have a non-cancelable right to use the tooling.

Property, Plant and Equipment, Policy

Property, Plant and Equipment, Impairment Policy

Goodwill and Intangible Assets, Goodwill, Policy

Income Tax, Policy

Earnings Per Share, Policy

Commitments and Contingencies, Policy

Standard Product Warranty, Policy

Segment Reporting, Policy

Fair Value of Financial Instruments, Policy

Market:

This approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities.

Income:

This approach uses valuation techniques to convert future amounts to a single present value amount based on current market expectations.

Cost:

This approach is based on the amount that would be required to replace the service capacity of an asset (replacement cost).

Further, GAAP prioritizes the inputs and assumptions used in the valuation techniques described above into a three-tier fair value hierarchy as follows:

Level 1:

Observable inputs, such as quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date.

Level 2:

Inputs, other than quoted market prices included in Level 1, that are observable either directly or indirectly for the asset or liability.

Level 3:

Foreign Exchange Contract

Derivatives, Policy

Forward foreign exchange, futures and option contracts are accounted for as cash flow hedges when the hedged item is a forecasted transaction or relates to the variability of cash flows to be received or paid.

Interest Rate Swap

Derivatives, Policy

Historically, the Company used interest rate swap and other derivative contracts to manage its exposure to fluctuations in interest rates. Interest rate swap and other derivative contracts which fix the interest payments of certain variable rate debt instruments or fix the market rate component of anticipated fixed rate debt instruments were accounted for as cash flow hedges. Interest rate swap contracts which hedge the change in fair value of certain fixed rate debt instruments were accounted for as fair value hedges.

Commodity Contract

Derivatives, Policy

The Company uses derivative instruments to reduce its exposure to fluctuations in copper prices. These derivative instruments are utilized to hedge forecasted inventory purchases and to the extent that they qualify and meet hedge accounting criteria, they are accounted for as cash flow hedges. Commodity swap contracts that are not designated as cash flow hedges are marked to market with changes in fair value recognized immediately in the condensed consolidated statements of income.

Restructuring Activities (Tables)

9 Months Ended

Oct. 01, 2011

Summary of Restructuring Activity

A summary of 2011 activity is shown below (in millions):


					Utilization
	Accrual as of January 1, 2011		2011 Charges		Cash			Non-cash			Accrual as of October 1, 2011
Employee termination benefits	$	38.4	$	8.8	$	(19.9	)	$	—		$	27.3
Contract termination costs		3.7		1.9		—			—			5.6
Asset impairments		—		1.0		—			(1.0	)		—
Other related costs		—		1.6		(1.6	)		—			—

Total	$	42.1	$	13.3	$	(21.5	)	$	(1.0	)	$	32.9

Inventories (Tables)

9 Months Ended

Oct. 01, 2011

Summary of Inventories

A summary of inventories is shown below (in millions):


	October 1, 2011		December 31, 2010
Raw materials	$	565.1	$	448.6
Work-in-process		38.3		32.9
Finished goods		105.5		72.7

Inventories	$	708.9	$	554.2

Pre-Production Costs Related to Long-Term Supply Agreements (Tables)

9 Months Ended

Oct. 01, 2011

Classification of Recoverable Customer Engineering, Development and Tooling

The classification of recoverable customer engineering, development and tooling costs related to long-term supply agreements is shown below (in millions):


	October 1, 2011		December 31, 2010
Current	$	122.3	$	77.9
Long-term		64.3		75.3

Recoverable customer engineering, development and tooling	$	186.6	$	153.2

Property, Plant and Equipment (Tables)

9 Months Ended

Oct. 01, 2011

Summary of Property, Plant and Equipment

A summary of property, plant and equipment is shown below (in millions):


	October 1, 2011			December 31, 2010
Land	$	107.8		$	106.0
Buildings and improvements		399.8			360.6
Machinery and equipment		930.0			761.8
Construction in progress		15.8			5.7

Total property, plant and equipment		1,453.4			1,234.1
Less – accumulated depreciation		(395.3	)		(239.4	)

Net property, plant and equipment	$	1,058.1		$	994.7

Goodwill (Tables)

9 Months Ended

Oct. 01, 2011

Summary of the Changes in the Carrying Amount of Goodwill

A summary of the changes in the carrying amount of goodwill, all of which relates to the seating segment, for the nine months ended October 1, 2011, is shown below (in millions):


Balance as of January 1, 2011	$	614.6
Acquisition		15.0
Foreign currency translation		2.4

Balance as of October 1, 2011	$	632.0

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

Summary of Long-Term Debt and the Related Weighted Average Interest Rates

Long-Term Debt (Tables)

9 Months Ended

Oct. 01, 2011

A summary of long-term debt and the related weighted average interest rates is shown below (in millions):


	October 1, 2011					December 31, 2010
	Long-Term Debt		Weighted Average Interest Rate			Long-Term Debt		Weighted Average Interest Rate
7.875% Senior Notes due 2018	$	347.8		8.00	%	$	347.7		8.00	%
8.125% Senior Notes due 2020		347.4		8.25	%		347.2		8.25	%

Long-term debt	$	695.2				$	694.9

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Pension Plans, Defined Benefit

Pension and Other Postretirement Benefit Plans (Tables)

9 Months Ended

Oct. 01, 2011

Components of the Company's Net Periodic Benefit Cost

The components of the Company’s net periodic pension benefit cost are shown below (in millions):


	Three Months Ended												Nine Months Ended
	October 1, 2011						October 2, 2010						October 1, 2011						October 2, 2010
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Service cost	$	0.7		$	1.7		$	0.8		$	1.2		$	2.2		$	5.0		$	2.4		$	3.5
Interest cost		5.8			6.4			5.8			5.9			17.5			19.1			17.4			17.7
Expected return on plan assets		(6.5	)		(7.9	)		(5.9	)		(6.8	)		(19.7	)		(23.6	)		(17.6	)		(20.5	)
Amortization of actuarial loss		—			0.1			—			—			—			0.2			—			—
Curtailment loss		—			—			—			3.5			—			—			—			3.5
Settlement gain		—			—			—			—			(0.1	)		—			(0.1	)		—

Net periodic benefit cost	$	—		$	0.3		$	0.7		$	3.8		$	(0.1	)	$	0.7		$	2.1		$	4.2

Other Postretirement Benefit Plans, Defined Benefit

Components of the Company's Net Periodic Benefit Cost

The components of the Company’s net periodic other postretirement benefit cost are shown below (in millions):


	Three Months Ended								Nine Months Ended
	October 1, 2011				October 2, 2010				October 1, 2011				October 2, 2010
	U.S.		Foreign		U.S.		Foreign		U.S.		Foreign		U.S.		Foreign
Service cost	$	0.1	$	0.4	$	0.2	$	0.2	$	0.3	$	0.8	$	0.4	$	0.6
Interest cost		1.4		0.8		1.3		0.9		4.1		2.8		4.0		2.7
Amortization of actuarial loss		—		0.1		—		—		0.2		0.1		—		—
Special termination benefits		—		—		—		—		—		—		—		0.1

Net periodic benefit cost	$	1.5	$	1.3	$	1.5	$	1.1	$	4.6	$	3.7	$	4.4	$	3.4

Other Expense, Net (Tables)

9 Months Ended

Oct. 01, 2011

Summary of Other Expense, Net

A summary of other expense, net is shown below (in millions):


	Three Months Ended						Nine Months Ended
	October 1, 2011			October 2, 2010			October 1, 2011			October 2, 2010
Other expense	$	13.0		$	12.8		$	18.4		$	32.9
Other income		(4.5	)		(9.8	)		(12.7	)		(31.4	)

Other expense, net	$	8.5		$	3.0		$	5.7		$	1.5

Net Income Per Share Attributable to Lear (Tables)

9 Months Ended

Oct. 01, 2011

Summary of Information Used to Compute Basic Net Income Per Share

A summary of information used to compute basic net income per share attributable to Lear is shown below (in millions, except share data):


	Three Months Ended					Nine Months Ended
	October 1, 2011		October 2, 2010			October 1, 2011		October 2, 2010
Net income attributable to Lear	$	100.7	$	95.3		$	434.2	$	321.2
Less: Undistributed earnings allocated to participating securities		—		(4.3	)		—		(28.5	)

Net income available to Lear common shareholders	$	100.7	$	91.0		$	434.2	$	292.7

Average common shares outstanding ⁽¹⁾		103,356,696		99,332,230			104,363,937		91,952,210

Basic net income per share attributable to Lear ⁽¹⁾	$	0.97	$	0.92		$	4.16	$	3.18

⁽¹⁾	2010 share and per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, “Comprehensive Income and Equity.

Summary of Information Used to Compute Diluted Net Income Per Share

A summary of information used to compute diluted net income per share attributable to Lear is shown below (in millions, except share data):


	Three Months Ended				Nine Months Ended
	October 1, 2011		October 2, 2010		October 1, 2011		October 2, 2010
Net income attributable to Lear	$	100.7	$	95.3	$	434.2	$	321.2

Average common shares outstanding ⁽¹⁾		103,356,696		99,332,230		104,363,937		91,952,210
Dilutive effect of common stock equivalents ⁽¹⁾		2,452,053		8,884,432		2,795,339		16,149,572

Average diluted shares outstanding ⁽¹⁾		105,808,749		108,216,662		107,159,276		108,101,782

Diluted net income per share attributable to Lear ⁽¹⁾	$	0.95	$	0.88	$	4.05	$	2.97

⁽¹⁾	2010 share and per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, “Comprehensive Income and Equity.

Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share.

Summary of Comprehensive Income (Loss) and Reconciliations of Equity

Comprehensive Income and Equity (Tables)

9 Months Ended

Oct. 01, 2011


	Three Months Ended October 1, 2011									Nine Months Ended October 1, 2011
	Equity			Attributable to Lear Corporation Stockholders			Non-controlling Interests			Equity			Attributable to Lear Corporation Stockholders			Non-controlling Interests
Beginning equity balance	$	2,901.9		$	2,792.7		$	109.2		$	2,568.8		$	2,460.2		$	108.6
Stock-based compensation transactions and other		10.3			10.3			—			25.8			25.8			—
Repurchase of common stock		(94.2	)		(94.2	)		—			(194.2	)		(194.2	)		—
Dividends declared to Lear Corporation stockholders		(13.2	)		(13.2	)		—			(40.0	)		(40.0	)		—
Dividends paid to noncontrolling interests		(0.3	)		—			(0.3	)		(18.5	)		—			(18.5	)
Addition to noncontrolling interests		—			—			—			2.4			—			2.4
Comprehensive income:
Net income		108.1			100.7			7.4			456.5			434.2			22.3
Other comprehensive income (loss), net of tax:
Defined benefit plan adjustments		0.1			0.1			—			0.3			0.3			—
Derivative instruments and hedging activities		(51.9	)		(51.9	)		—			(45.0	)		(45.0	)		—
Foreign currency translation adjustments		(117.6	)		(118.0	)		0.4			(12.9	)		(14.8	)		1.9

Other comprehensive income (loss)		(169.4	)		(169.8	)		0.4			(57.6	)		(59.5	)		1.9

Comprehensive income (loss)		(61.3	)		(69.1	)		7.8			398.9			374.7			24.2

Ending equity balance	$	2,743.2		$	2,626.5		$	116.7		$	2,743.2		$	2,626.5		$	116.7

In the three months ended October 1, 2011, foreign currency translation adjustments relate primarily to the Euro.


	Three Months Ended October 2, 2010									Nine Months Ended October 2, 2010
	Equity			Attributable to Lear Corporation Stockholders			Non- controlling Interests			Equity			Attributable to Lear Corporation Stockholders			Non- controlling Interests
Beginning equity balance	$	2,322.5		$	2,214.5		$	108.0		$	2,181.8		$	2,089.1		$	92.7
Stock-based compensation transactions and other		4.0			4.0			—			13.1			13.1			—
Dividends paid to noncontrolling interests		(9.3	)		—			(9.3	)		(13.9	)		—			(13.9	)
Transaction with affiliates		—			—			—			6.5			—			6.5
Comprehensive income:
Net income		98.5			95.3			3.2			337.6			321.2			16.4
Other comprehensive income (loss), net of tax:
Defined benefit plan adjustments		(1.9	)		(1.9	)		—			(2.1	)		(2.1	)		—
Derivative instruments and hedging activities		3.5			3.5			—			3.7			3.7			—
Foreign currency translation adjustments		120.7			119.0			1.7			11.3			9.4			1.9

Other comprehensive income		122.3			120.6			1.7			12.9			11.0			1.9

Comprehensive income		220.8			215.9			4.9			350.5			332.2			18.3

Ending equity balance	$	2,538.0		$	2,434.4		$	103.6		$	2,538.0		$	2,434.4		$	103.6

In the three months ended October 2, 2010, foreign currency translation adjustments relate primarily to the Euro.

Legal and Other Contingencies (Tables)

9 Months Ended

Oct. 01, 2011

Summary of the Changes in Reserves for Product Liability and Warranty Claims

A summary of the changes in reserves for product liability and warranty claims for the nine months ended October 1, 2011, is shown below (in millions):


Balance as of January 1, 2011	$	43.6
Expense, net (including changes in estimates)		1.5
Settlements		(5.8	)
Foreign currency translation and other		0.7

Balance as of October 1, 2011	$	40.0

Segment Reporting (Tables)

9 Months Ended

Oct. 01, 2011

Summary of Revenues From External Customers and Other Financial Information

A summary of revenues from external customers and other financial information by reportable operating segment is shown below (in millions):


	Three Months Ended October 1, 2011
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	2,687.8	$	772.2	$	—		$	3,460.0
Segment earnings ⁽¹⁾		169.9		40.6		(52.0	)		158.5
Depreciation and amortization		36.6		25.0		1.9			63.5
Capital expenditures		56.1		33.7		1.7			91.5
Total assets		3,919.4		1,313.5		1,983.0			7,215.9


	Three Months Ended October 2, 2010
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	2,208.7	$	611.6	$	—		$	2,820.3
Segment earnings ⁽¹⁾		139.8		24.3		(45.3	)		118.8
Depreciation and amortization		36.2		20.9		1.6			58.7
Capital expenditures		24.1		13.4		1.4			38.9
Total assets		3,633.3		1,098.1		1,904.9			6,636.3


	Nine Months Ended October 1, 2011
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	8,272.7	$	2,375.3	$	—		$	10,648.0
Segment earnings ⁽¹⁾		601.8		133.2		(157.2	)		577.8
Depreciation and amortization		111.7		72.1		5.5			189.3
Capital expenditures		135.5		107.9		4.3			247.7
Total assets		3,919.4		1,313.5		1,983.0			7,215.9


	Nine Months Ended October 2, 2010
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	6,929.7	$	1,868.4	$	—		$	8,798.1
Segment earnings ⁽¹⁾		496.7		73.4		(157.7	)		412.4
Depreciation and amortization		107.6		62.1		4.6			174.3
Capital expenditures		71.1		40.0		4.2			115.3
Total assets		3,633.3		1,098.1		1,904.9			6,636.3

⁽¹⁾	See definition above.

Reconciliation of Consolidated Segment Earnings to Consolidated Income Before Provision for Income Taxes

A reconciliation of consolidated segment earnings to consolidated income before provision for income taxes is shown below (in millions):


	Three Months Ended				Nine Months Ended
	October 1, 2011		October 2, 2010		October 1, 2011		October 2, 2010
Segment earnings	$	158.5	$	118.8	$	577.8	$	412.4
Interest expense		10.9		11.9		24.9		44.2
Other expense, net		8.5		3.0		5.7		1.5

Consolidated income before provision for income taxes	$	139.1	$	103.9	$	547.2	$	366.7

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

Fair Value of Outstanding Foreign Currency Derivative Contracts and the Related Classification

Financial Instruments (Tables)

9 Months Ended

Oct. 01, 2011


	October 1, 2011			December 31, 2010
Contracts qualifying for hedge accounting:
Other current assets	$	0.6		$	0.2
Other current liabilities		(37.5	)		(1.5	)
Other long-term liabilities		(8.7	)		—

		(45.6	)		(1.3	)

Contracts not qualifying for hedge accounting:
Other current assets		1.0			0.7
Other current liabilities		(0.3	)		(0.3	)

		0.7			0.4

	$	(44.9	)	$	(0.9	)

Fair Value Measurements and the Related Valuation Techniques and Fair Value Hierarchy Level

Fair value measurements and the related valuation techniques and fair value hierarchy level for the Company’s assets and liabilities measured or disclosed at fair value on a recurring basis as of October 1, 2011 and December 31, 2010, are shown below (in millions):

		$00000		$00000			$00000		$00000		$00000			$00000
	October 1, 2011
	Frequency		Asset (Liability)			Valuation Technique		Level 1		Level 2			Level 3
Foreign currency derivative contracts		Recurring	$	(44.9	)		Market/Income	$	—	$	(44.9	)	$	—
Commodity swap contracts		Recurring	$	(0.8	)		Market/Income	$	—	$	(0.8	)	$	—

		$00000		$00000			$00000		$00000		$00000			$00000
	December 31, 2010
	Frequency		Liability			Valuation Technique		Level 1		Level 2			Level 3
Foreign currency derivative contracts		Recurring	$	(0.9	)		Market/Income	$	—	$	(0.9	)	$

Foreign Exchange Contract

Pretax Amounts Related to Derivative Contracts

Pretax amounts related to foreign currency derivative contracts that were recognized in and reclassified from accumulated other comprehensive loss are shown below (in millions):


	Three Months Ended						Nine Months Ended
	October 1, 2011			October 2, 2010			October 1, 2011			October 2, 2010
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$	(55.2	)	$	5.7		$	(45.8	)	$	10.5
(Gains) losses reclassified from accumulated other comprehensive loss		3.9			(2.2	)		1.6			(6.8	)

Comprehensive income (loss)	$	(51.3	)	$	3.5		$	(44.2	)	$	3.7

Commodity Contract

Pretax Amounts Related to Derivative Contracts

Pretax amounts related to commodity swap contracts that were recognized in and reclassified from accumulated other comprehensive loss are shown below (in millions):


	October 1, 2011
	Three Months Ended			Nine Months Ended
Contracts qualifying for hedge accounting:
Losses recognized in accumulated other comprehensive loss	$	(0.7	)	$	(0.9	)
Losses reclassified from accumulated other comprehensive loss		0.1			0.1

Comprehensive loss	$	(0.6	)	$	(0.8	)

Fair Value of Outstanding Commodity Swap Contracts and the Related Classification

The fair value of outstanding commodity swap contracts and the related classification in the accompanying condensed consolidated balance sheet as of October 1, 2011, are shown below (in millions):


	October 1, 2011
Contracts qualifying for hedge accounting:
Other current liabilities	$	(0.8	)

Supplemental Guarantor Condensed Consolidating Financial Statements (Tables)

9 Months Ended

Oct. 01, 2011

Long-Term Debt of Lear and Guarantors

A summary of long-term debt of Lear and the Guarantors on a combined basis is shown below (in millions):


	October 1, 2011		December 31, 2010
Senior notes	$	695.2	$	694.9

Restructuring Activities - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		72 Months Ended
	Oct. 01, 2011	Oct. 02, 2010	Oct. 01, 2011	Oct. 02, 2010	Dec. 31, 2010
Restructuring Cost and Reserve [Line Items]
Restructuring charges					$ 736.1
Restructuring reserve period expense			$ 13.3
Cost of sales	$ 3,179.5	$ 2,584.5	9,697.5	$ 8,014.7
Selling, general and administrative expenses	114.9	110.0	351.6	350.7
Other expense, net	$ (8.5)	$ (3.0)	(5.7)	$ (1.5)
Expected restructuring cost			65.0
Restructuring Charges
Restructuring Cost and Reserve [Line Items]
Cost of sales			13.0
Selling, general and administrative expenses			0.9
Other expense, net			(0.6)
Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			8.8
Asset impairments
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			1.0
Contract termination costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			1.9
Other related costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			$ 1.6

Summary of Restructuring Activities (Detail) $ in Millions	9 Months Ended
Summary of Restructuring Activities (Detail) $ in Millions	Oct. 01, 2011 USD ($)
Restructuring Cost and Reserve [Line Items]
Accrual as of beginning of period	$ 42.1
2011 Charges	13.3
Utilization Cash	(21.5)
Utilization Non-cash	(1.0)
Accrual as of end of period	32.9
Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Accrual as of beginning of period	38.4
2011 Charges	8.8
Utilization Cash	(19.9)
Accrual as of end of period	27.3
Contract termination costs
Restructuring Cost and Reserve [Line Items]
Accrual as of beginning of period	3.7
2011 Charges	1.9
Accrual as of end of period	5.6
Asset impairments
Restructuring Cost and Reserve [Line Items]
2011 Charges	1.0
Utilization Non-cash	(1.0)
Other related costs
Restructuring Cost and Reserve [Line Items]
2011 Charges	1.6
Utilization Cash	$ (1.6)

Summary of Inventories (Detail) - USD ($)
$ in Millions

Oct. 01, 2011

Dec. 31, 2010

Schedule of Inventory [Line Items]

Raw materials

$ 565.1

$ 448.6

Work-in-process

38.3

32.9

Finished goods

105.5

72.7

Property, Plant and Equipment [Line Items]

$ 708.9

^[1]

$ 554.2

[1]	Unaudited.

Pre-Production Costs Related to Long-Term Supply Agreements - Additional Information (Detail) - USD ($) $ in Millions	9 Months Ended
	Oct. 01, 2011	Oct. 02, 2010
Supply Commitment [Line Items]
Capitalized pre-production E&D costs	$ 135.4	$ 99.0
Capitalized pre-production tooling costs related to customer-owned tools	118.8	102.3
Cash collected related to E&D and tooling costs	$ 222.1	$ 191.3

Classification of Recoverable Customer Engineering, Development and Tooling Costs related to Long-Term Supply Agreements (Detail) - USD ($) $ in Millions	Oct. 01, 2011	Dec. 31, 2010
Supply Commitment [Line Items]
Current	$ 122.3	$ 77.9
Long-term	64.3	75.3
Recoverable customer engineering, development and tooling	$ 186.6	$ 153.2

Summary of Property, Plant and Equipment (Detail) - USD ($)
$ in Millions

Oct. 01, 2011

Dec. 31, 2010

Land

$ 107.8

$ 106.0

Buildings and improvements

399.8

360.6

Machinery and equipment

930.0

761.8

Construction in progress

15.8

5.7

Total property, plant and equipment

1,453.4

1,234.1

Less - accumulated depreciation

(395.3)

(239.4)

Net property, plant and equipment

$ 1,058.1

^[1]

$ 994.7

[1]	Unaudited.

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

Foreign currency translation

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 01, 2011	Oct. 02, 2010	Oct. 01, 2011	Oct. 02, 2010
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 56.4	$ 51.7	$ 168.2	$ 154.0

Summary of the Changes in the Carrying Amount of Goodwill (Detail)
$ in Millions

9 Months Ended

Oct. 01, 2011

USD ($)

Goodwill [Line Items]

Beginning Balance

$ 614.6

Ending Balance

632.0

^[1]

Seating

Goodwill [Line Items]

Beginning Balance

614.6

Acquisition

15.0

2.4

Ending Balance

$ 632.0

[1]	Unaudited.

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Summary of Long-Term Debt and the Related Weighted Average Interest Rates (Detail) - USD ($)
$ in Millions

Oct. 01, 2011

Dec. 31, 2010

Debt Instrument [Line Items]

7.875% Senior Notes due 2018

$ 695.2

^[1]

$ 694.9

Debt Instrument [Line Items]

Weighted Average Interest Rate

$ 347.8

$ 347.7

8.00%

8.125% Senior Notes due 2020

Debt Instrument [Line Items]

Weighted Average Interest Rate

$ 347.4

$ 347.2

8.25%

[1]	Unaudited.

Summary of Long-Term Debt and the Related Weighted Average Interest Rates (Parenthetical) (Detail)	9 Months Ended	12 Months Ended
	Oct. 01, 2011	Dec. 31, 2010
7.875% Senior Notes due 2018
Debt Instrument [Line Items]
Long-term debt, stated coupon rate	7.875%	7.875%
Long-term debt, maturity date	Mar. 15, 2018	Mar. 15, 2018
8.125% Senior Notes due 2020
Debt Instrument [Line Items]
Long-term debt, stated coupon rate	8.125%	8.125%
Long-term debt, maturity date	Mar. 15, 2020	Mar. 15, 2020

Long-Term Debt - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended		3 Months Ended		6 Months Ended	9 Months Ended
	Sep. 15, 2010	Mar. 26, 2010	Jul. 02, 2011	Apr. 03, 2010	Jul. 03, 2010	Oct. 01, 2011	Oct. 02, 2010	Dec. 31, 2010
Debt Disclosure [Line Items]
Notes issued date		March 26, 2010
First and second lien credit agreements, repayment		$ 925.0
Notes, payment terms						Interest is payable on the Notes on March 15 and September 15 of each year, beginning September 15, 2010.
Notes, date of first required interest payment	September 15, 2010
Description of Notes restrictive covenants						The indenture governing the Notes contains restrictive covenants that, among other things, limit the ability of the Company and its subsidiaries to: (i) incur additional debt, (ii) pay dividends and make other restricted payments, (iii) create or permit certain liens, (iv) issue or sell capital stock of the Company's restricted subsidiaries, (v) use the proceeds from sales of assets and subsidiary stock, (vi) create or permit restrictions on the ability of the Company's restricted subsidiaries to pay dividends or make other distributions to the Company, (vii) enter into transactions with affiliates, (viii) enter into sale and leaseback transactions and (ix) consolidate or merge or sell all or substantially all of the Company's assets. The foregoing limitations are subject to exceptions as set forth in the Notes. In addition, if in the future the Notes have an investment grade credit rating from both Moody's Investors Service and Standard & Poor's Ratings Services and no default has occurred and is continuing, certain of these covenants will, thereafter, no longer apply to the Notes for so long as the Notes have an investment grade credit rating by both rating agencies.
Compliance with covenants under Notes						As of October 1, 2011, the Company was in compliance with all covenants under the indenture governing the Notes.
Payment of debt issuance costs			$ 4.8		$ 17.6	$ 4.8	$ 17.6
Loss on extinguishment of debt, resulting from the write-off of unamortized debt issuance costs				$ (11.8)			$ (11.8)
Prior Senior Secured Credit Facility
Debt Disclosure [Line Items]
Line of credit facility, expiration date						Mar. 18, 2013
Line of credit facility, maximum borrowing capacity						$ 110.0
Revolving Credit Facility
Debt Disclosure [Line Items]
Line of credit facility, expiration date						Jun. 17, 2016
Line of credit facility, maximum borrowing capacity						$ 500.0
Borrowings outstanding						$ 0.0
Line of credit facility, covenants and restrictions						The Amended and Restated Credit Agreement contains various customary representations, warranties and covenants by the Company, including, without limitation, (i) covenants regarding maximum leverage and minimum interest coverage, (ii) limitations on fundamental changes involving the Company or its subsidiaries and (iii) limitations on indebtedness, liens, investments and restricted payments.
Line of credit facility, compliance with covenants						As of October 1, 2011, the Company was in compliance with all covenants under the agreement governing the Amended and Restated Credit Agreement.
Revolving Credit Facility \| Minimum
Debt Disclosure [Line Items]
Line of credit facility, facility fee						0.375%
Revolving Credit Facility \| Maximum
Debt Disclosure [Line Items]
Line of credit facility, facility fee						0.50%
Revolving Credit Facility \| Eurocurrency Rate
Debt Disclosure [Line Items]
Minimum interest rate margin						1.375%
Maximum interest rate margin						3.00%
Line of credit facility, interest rate at period end						2.25%
Revolving Credit Facility \| Adjusted Base Rate
Debt Disclosure [Line Items]
Minimum interest rate margin						0.375%
Maximum interest rate margin						2.00%
Line of credit facility, interest rate at period end						1.25%
Revolving Credit Facility \| Domestic Subsidiaries
Debt Disclosure [Line Items]
Percentage of stock secured on a first priority basis						100.00%
Revolving Credit Facility \| Foreign Subsidiaries
Debt Disclosure [Line Items]
Percentage of stock secured on a first priority basis						65.00%
7.875% Senior Notes due 2018
Debt Disclosure [Line Items]
Long-term debt, aggregate principal amount						$ 350.0
Stated coupon rate						7.875%		7.875%
Long-term debt, price						99.276%
Long-term debt, yield to maturity						8.00%		8.00%
8.125% Senior Notes due 2020
Debt Disclosure [Line Items]
Long-term debt, aggregate principal amount						$ 350.0
Stated coupon rate						8.125%		8.125%
Long-term debt, price						99.164%
Long-term debt, yield to maturity						8.25%		8.25%
Semi Annual Payment, Second Payment
Debt Disclosure [Line Items]
Notes interest payable date						March 15
Semi Annual Payment, First Payment
Debt Disclosure [Line Items]
Notes interest payable date						September 15

Components of the Company's Net Periodic Pension Benefit Cost (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 01, 2011	Oct. 02, 2010	Oct. 01, 2011	Oct. 02, 2010
U.S.
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 0.7	$ 0.8	$ 2.2	$ 2.4
Interest cost	5.8	5.8	17.5	17.4
Expected return on plan assets	(6.5)	(5.9)	(19.7)	(17.6)
Settlement gain			(0.1)	(0.1)
Net periodic benefit cost		0.7	(0.1)	2.1
Foreign
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	1.7	1.2	5.0	3.5
Interest cost	6.4	5.9	19.1	17.7
Expected return on plan assets	(7.9)	(6.8)	(23.6)	(20.5)
Amortization of actuarial loss	0.1		0.2
Curtailment loss		3.5		3.5
Net periodic benefit cost	$ 0.3	$ 3.8	$ 0.7	$ 4.2

Components of the Company's Net Periodic Other Postretirement Benefit Cost (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 01, 2011	Oct. 02, 2010	Oct. 01, 2011	Oct. 02, 2010
U.S.
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 0.1	$ 0.2	$ 0.3	$ 0.4
Interest cost	1.4	1.3	4.1	4.0
Amortization of actuarial loss			0.2
Net periodic benefit cost	1.5	1.5	4.6	4.4
Foreign
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	0.4	0.2	0.8	0.6
Interest cost	0.8	0.9	2.8	2.7
Amortization of actuarial loss	0.1		0.1
Special termination benefits				0.1
Net periodic benefit cost	$ 1.3	$ 1.1	$ 3.7	$ 3.4

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=6962843&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=6962843&loc=d3e1928-114920

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

Pension and Other Postretirement Benefit Plans - Additional Information (Detail) $ in Millions	9 Months Ended
	Oct. 01, 2011 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Employer's contribution towards defined contribution retirement program	$ 9.8
Estimated employer contribution towards defined contribution retirement program in 2011	13.0
Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Employer's contribution towards defined benefit plan	16.3
Pension Plans, Defined Benefit \| Minimum
Defined Benefit Plan Disclosure [Line Items]
Estimated employer's contribution towards defined benefit plan in 2011	30.0
Pension Plans, Defined Benefit \| Maximum
Defined Benefit Plan Disclosure [Line Items]
Estimated employer's contribution towards defined benefit plan in 2011	$ 35.0

Summary of Other (Income) Expense, Net (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 01, 2011	Oct. 02, 2010	Oct. 01, 2011	Oct. 02, 2010
Component of Other Expense, Nonoperating [Line Items]
Other expense	$ 13.0	$ 12.8	$ 18.4	$ 32.9
Other income	(4.5)	(9.8)	(12.7)	(31.4)
Other expense, net	$ 8.5	$ 3.0	$ 5.7	$ 1.5

Other (Income) Expense, Net - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Oct. 01, 2011	Oct. 02, 2010	Apr. 03, 2010	Oct. 01, 2011	Oct. 02, 2010
Component of Other Expense, Nonoperating [Line Items]
Gain related to transaction with affiliate	$ 1.9			$ 5.8
Equity in net income of affiliates	$ 1.7	$ 8.7		$ 9.6	$ 26.5
Loss on extinguishment of debt, resulting from the write-off of unamortized debt issuance costs			$ (11.8)		$ (11.8)

This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 19
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 6
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 9

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.12)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6382870&loc=d3e33749-111570

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 11
-Article 7

Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]

Income Taxes - Additional Information (Detail) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 01, 2011 USD ($)	Oct. 02, 2010 USD ($)	Oct. 01, 2011 USD ($) Entity	Oct. 02, 2010 USD ($)
Income Taxes [Line Items]
Provision for income taxes	$ 31.0	$ 5.4	$ 90.7	$ 29.1
Effective tax rate	22.30%	5.20%	16.60%	7.90%
Consolidated income before provision for income taxes	$ 139.1	$ 103.9	$ 547.2	$ 366.7
Adjustments to tax expense				(32.8)
Number of foreign subsidiaries related to tax expense adjustment \| Entity			2
Other adjustments to tax expense			$ (22.9)	$ (3.1)
U.S. federal statutory income tax rate			35.00%	35.00%

Net Income Per Share Attributable to Lear - Additional Information (Detail) - shares	3 Months Ended	9 Months Ended
	Oct. 02, 2010	Oct. 02, 2010
Earnings Per Share Disclosure [Line Items]
Average participating securities outstanding	2,367,115	4,480,401
Issuable shares of common stock, after giving effect to the two-for-one stock split	4,734,230	8,960,802

Summary of Information used to Compute Basic Net Income Per Share (Detail) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

9 Months Ended

Oct. 01, 2011

Oct. 02, 2010

Oct. 01, 2011

Oct. 02, 2010

Net income attributable to Lear

$ 100.7

$ 95.3

$ 434.2

$ 321.2

Less: Undistributed earnings allocated to participating securities

(4.3)

(28.5)

Net income available to Lear common shareholders

$ 100.7

$ 91.0

$ 434.2

$ 292.7

Average common shares outstanding

^[1]

103,356,696

99,332,230

104,363,937

91,952,210

Basic net income per share attributable to Lear

^[1],[2]

$ 0.97

$ 0.92

$ 4.16

$ 3.18

[1]	2010 share and per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, "Comprehensive Income and Equity."
[2]	2010 per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, "Comprehensive Income and Equity," to these condensed consolidated financial statements.

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 20

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 7
-Paragraph 18

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.21)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
-Paragraph 52
-URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.23)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 87-21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 10, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 28, 29, 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 19

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e565-108580

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A7
-Appendix A

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1448-109256

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]

Summary of Information used to Compute Diluted Net Income Per Share (Detail) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

9 Months Ended

Oct. 01, 2011

Oct. 02, 2010

Oct. 01, 2011

Oct. 02, 2010

Net income attributable to Lear

$ 100.7

$ 95.3

$ 434.2

$ 321.2

Average common shares outstanding

^[1]

103,356,696

99,332,230

104,363,937

91,952,210

Dilutive effect of common stock equivalents

^[1]

2,452,053

8,884,432

2,795,339

16,149,572

Average diluted shares outstanding

^[1]

105,808,749

108,216,662

107,159,276

108,101,782

Diluted net income per share attributable to Lear

^[1],[2]

$ 0.95

$ 0.88

$ 4.05

$ 2.97

[1]	2010 share and per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, "Comprehensive Income and Equity."
[2]	2010 per share data has been retroactively adjusted to reflect the two-for-one stock split described in Note 12, "Comprehensive Income and Equity," to these condensed consolidated financial statements.

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

Summary of Comprehensive Income (Loss) and Reconciliations of Equity (Detail) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Oct. 01, 2011

Oct. 02, 2010

Oct. 01, 2011

Oct. 02, 2010

Stock-based compensation transactions and other

Beginning equity balance

$ 2,901.9

$ 2,322.5

$ 2,568.8

$ 2,181.8

10.3

4.0

25.8

13.1

Dividends declared to Lear Corporation stockholders

(94.2)

(194.2)

(13.2)

(40.0)

Addition to noncontrolling interests

(0.3)

(9.3)

(18.5)

(13.9)

2.4

Transaction with affiliates

6.5

Comprehensive income:

Net income

108.1

98.5

456.5

337.6

Other comprehensive income (loss), net of tax:

Defined benefit plan adjustments

0.1

(1.9)

0.3

(2.1)

Derivative instruments and hedging activities

(51.9)

3.5

(45.0)

3.7

Foreign currency translation adjustments

(117.6)

120.7

(12.9)

11.3

Other comprehensive income (loss)

(169.4)

122.3

(57.6)

12.9

Comprehensive income (loss)

(61.3)

220.8

398.9

350.5

Ending equity balance

2,743.2

^[1]

2,538.0

2,743.2

^[1]

2,538.0

Attributable to Lear Corporation Stockholders

Stock-based compensation transactions and other

Beginning equity balance

2,792.7

2,214.5

2,460.2

2,089.1

10.3

4.0

25.8

13.1

Dividends declared to Lear Corporation stockholders

(94.2)

(194.2)

(13.2)

(40.0)

Comprehensive income:

Net income

100.7

95.3

434.2

321.2

Other comprehensive income (loss), net of tax:

Defined benefit plan adjustments

0.1

(1.9)

0.3

(2.1)

Derivative instruments and hedging activities

(51.9)

3.5

(45.0)

3.7

Foreign currency translation adjustments

(118.0)

119.0

(14.8)

9.4

Other comprehensive income (loss)

(169.8)

120.6

(59.5)

11.0

Comprehensive income (loss)

(69.1)

215.9

374.7

332.2

Ending equity balance

2,626.5

2,434.4

2,626.5

2,434.4

Non-controlling Interests

Beginning equity balance

109.2

108.0

108.6

92.7

Addition to noncontrolling interests

(0.3)

(9.3)

(18.5)

(13.9)

2.4

Transaction with affiliates

6.5

Comprehensive income:

Net income

7.4

3.2

22.3

16.4

Other comprehensive income (loss), net of tax:

Foreign currency translation adjustments

0.4

1.7

1.9

Other comprehensive income (loss)

0.4

1.7

1.9

Comprehensive income (loss)

7.8

4.9

24.2

18.3

Ending equity balance

$ 116.7

$ 103.6

$ 116.7

$ 103.6

[1]	Unaudited.

Comprehensive Income (Loss) and Equity - Additional Information (Detail)
$ / shares in Units, $ in Millions

1 Months Ended

3 Months Ended

9 Months Ended

Mar. 17, 2011

USD ($)

$ / shares

$ / Right

Feb. 16, 2011

USD ($)

Year

Oct. 01, 2011

USD ($)

$ / shares

Jul. 02, 2011

$ / shares

Apr. 02, 2011

$ / shares

Oct. 01, 2011

USD ($)

$ / shares

Dec. 31, 2010

$ / shares

Common Stock Share Repurchase Program, description

On February 16, 2011, the Company’s Board of Directors authorized a three year, $400 million common stock share repurchase program. Under this program, the Company may repurchase shares of its outstanding common stock from time to time in open market or privately negotiated transactions at prices, times and amounts to be determined by the Company. The common stock repurchase authorization expires on February 16, 2014. In the first nine months of 2011, the Company repurchased 4,082,523 shares of its outstanding common stock at an average purchase price of $47.57 per share, excluding commissions, (shares and price per share have been retroactively adjusted to reflect the two-for-one stock split discussed below) for an aggregate purchase price of $194.2 million and may repurchase an additional $205.8 million in shares of its outstanding common stock under this program. The extent to which the Company will repurchase its outstanding common stock and the timing of such repurchases will depend upon its financial condition, prevailing market conditions, alternative uses of capital and other factors. In addition, the Company’s amended and restated credit facility and indentures governing the Notes place certain limitations on the repurchase of common shares.

Common stock, share repurchase program amount

$ 400.0

Common stock, share repurchase program period | Year

Common stock, share repurchased after split | shares

4,082,523

Stock split ratio

Common stock, at an average purchase price excluding commission | $ / shares

$ 47.57

Additional common stock amount Company may repurchase

$ 194.2

$ 205.8

Transfer from additional paid-in- capital to common stock

$ 0.5

Common stock, par value | $ / shares

$ 0.01

^[1]

$ 0.01

^[1]

$ 0.01

Exercise price of warrants | $ / Right

0.005

Warrant to common stock exchange ratio

Cash dividends declared per share | $ / shares

$ 0.125

Dividends declared to Lear Corporation stockholders

$ 13.2

$ 40.0

$ 38.3

[1]	Unaudited.

Legal and Other Contingencies - Additional Information (Detail) - USD ($) $ in Millions	Oct. 01, 2011	Dec. 31, 2010
Loss Contingencies [Line Items]
Reserves for pending legal disputes, including commercial disputes and other matters	$ 17.2	$ 23.4
Environmental Reserves	$ 2.9	$ 2.7

Summary of the Changes in Reserves for Product Liability and Warranty Claims (Detail) $ in Millions	9 Months Ended
	Oct. 01, 2011 USD ($)
Product Liability Contingency [Line Items]
Beginning Balance	$ 43.6
Expense, net (including changes in estimates)	1.5
Settlements	(5.8)
Foreign currency translation and other	0.7
Ending Balance	$ 40.0

Summary of Revenues from External Customers and Other Financial Information (Detail) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Oct. 01, 2011

Oct. 02, 2010

Oct. 01, 2011

Oct. 02, 2010

Dec. 31, 2010

Revenues from external customers

$ 3,460.0

$ 2,820.3

$ 10,648.0

$ 8,798.1

^[1]

158.5

118.8

577.8

412.4

63.5

58.7

189.3

174.3

91.5

38.9

247.7

115.3

7,215.9

^[2]

6,636.3

7,215.9

^[2]

6,636.3

$ 6,621.1

Seating

Revenues from external customers

2,687.8

2,208.7

8,272.7

6,929.7

^[1]

169.9

139.8

601.8

496.7

36.6

36.2

111.7

107.6

56.1

24.1

135.5

71.1

3,919.4

3,633.3

3,919.4

3,633.3

EPMS

Revenues from external customers

772.2

611.6

2,375.3

1,868.4

^[1]

40.6

24.3

133.2

73.4

25.0

20.9

72.1

62.1

33.7

13.4

107.9

40.0

1,313.5

1,098.1

1,313.5

1,098.1

^[1]

(52.0)

(45.3)

(157.2)

(157.7)

1.9

1.6

5.5

4.6

1.7

1.4

4.3

4.2

$ 1,983.0

$ 1,904.9

$ 1,983.0

$ 1,904.9

[1]	See definition above.
[2]	Unaudited.

Segment Reporting - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 01, 2011	Oct. 02, 2010	Oct. 01, 2011	Oct. 02, 2010
Seating
Segment Reporting Information [Line Items]
Restructuring charges	$ 8.6	$ 24.0	$ 12.0	$ 32.9
EPMS
Segment Reporting Information [Line Items]
Restructuring charges	0.8	1.0	$ 1.9	15.2
Other
Segment Reporting Information [Line Items]
Restructuring charges	$ (0.1)	$ 0.6		$ 1.8

Reconciliation of Consolidated Segment Earnings to Consolidated Income Before Provision for Income Taxes (Detail) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Oct. 01, 2011

Oct. 02, 2010

Oct. 01, 2011

Oct. 02, 2010

Consolidated income before provision for income taxes

^[1]

$ 158.5

$ 118.8

$ 577.8

$ 412.4

Interest expense

10.9

11.9

24.9

44.2

Other expense, net

8.5

3.0

5.7

1.5

$ 139.1

$ 103.9

$ 547.2

$ 366.7

[1]	See definition above.

Financial Instruments - Additional Information (Detail) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Oct. 01, 2011

Oct. 02, 2010

Oct. 01, 2011

Oct. 02, 2010

Dec. 31, 2010

Gains (losses) recorded in accumulated other comprehensive loss

$ 695.2

^[1]

$ 695.2

^[1]

$ 694.9

(46.4)

(1.3)

Gain (loss) on derivative instruments not designated as hedging instruments

(2.1)

5.0

Expected amount to be reclassified into earnings from accumulated other comprehensive loss

(37.7)

Foreign Exchange Contract

Notional amount of cash flow derivatives

509.4

174.7

Notional amount of other derivatives not designated as hedging instruments

(44.9)

(0.9)

57.0

140.6

Other derivatives not designated as hedging instruments, fair value, net

0.7

$ 0.4

Gains (losses) reclassified from accumulated other comprehensive income (loss) to net sales related to foreign currency derivative contracts

(0.8)

$ (0.5)

(1.0)

$ (0.2)

Gains reclassified from accumulated other comprehensive income (loss) to cost of sales related to foreign currency derivative contracts

$ (3.1)

$ 2.7

$ (0.6)

$ 7.0

Foreign Exchange Contract | Designated as Hedging Instrument

Derivative maturities

18 months

12 months

Foreign Exchange Contract | Not Designated as Hedging Instrument

$ (45.6)

$ (1.3)

Derivative maturities

3 months

Commodity Contract | Designated as Hedging Instrument

$ 0.7

$ 0.4

Notional amount of cash flow derivatives

$ 7.0

0.0

Derivative maturities

12 months

Carrying (Reported) Amount, Fair Value Disclosure

$ (0.8)

0.0

Estimate of Fair Value, Fair Value Disclosure

695.2

694.9

$ 742.0

$ 755.6

[1]	Unaudited.

Fair Value of Outstanding Foreign Currency Derivative Contracts and the Related Classification in the Condensed Consolidated Balance Sheets (Detail) - Foreign Exchange Contract - USD ($) $ in Millions	Oct. 01, 2011	Dec. 31, 2010
Derivatives, Fair Value [Line Items]
Derivative assets (liabilities), at fair value	$ (44.9)	$ (0.9)
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Other current assets	0.6	0.2
Other current liabilities	(37.5)	(1.5)
Other long-term liabilities	(8.7)
Derivative assets (liabilities), at fair value	(45.6)	(1.3)
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Other current assets	1.0	0.7
Other current liabilities	(0.3)	(0.3)
Derivative assets (liabilities), at fair value	$ 0.7	$ 0.4

Fair values as of the balance sheet date for all assets resulting from contracts that meet the criteria of being accounted for as derivative instruments and which are expected to be converted into cash or otherwise disposed of within a year or the normal operating cycle, if longer, net of the effects of master netting arrangements.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section A
-Paragraph 4
-Chapter 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FIN39-1
-Paragraph 10A, 10B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 4, 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13495-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Current Assets
-URI http://asc.fasb.org/extlink&oid=6509628

Fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and which are expected to be extinguished or otherwise disposed of within a year or the normal operating cycle, if longer, net of the effects of master netting arrangements.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FIN39-1
-Paragraph 10A, 10B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 4, 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Current Liabilities
-URI http://asc.fasb.org/extlink&oid=6509677

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13495-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958

Fair values as of the balance sheet date of all liabilities resulting from contracts that meet the criteria of being accounted for as derivative instruments, and which are expected to be extinguished or otherwise disposed of after one year or beyond the normal operating cycle, if longer, net of the effects of master netting arrangements.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FIN39-1
-Paragraph 10A, 10B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 4, 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13495-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958

Pretax Amounts related to Foreign Currency Derivative Contracts that were Recognized in and Reclassified from Accumulated Other Comprehensive Income (Loss) (Detail) - Foreign Exchange Contract - Designated as Hedging Instrument - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 01, 2011	Oct. 02, 2010	Oct. 01, 2011	Oct. 02, 2010
Derivative [Line Items]
Gains (losses) recognized in accumulated other comprehensive loss	$ (55.2)	$ 5.7	$ (45.8)	$ 10.5
(Gains) losses reclassified from accumulated other comprehensive loss	3.9	(2.2)	1.6	(6.8)
Comprehensive income (loss)	$ (51.3)	$ 3.5	$ (44.2)	$ 3.7

Pre tax change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges, net of reclassifications into earnings during the period. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a particular risk. Includes an entity's share of an equity investee's increase or decrease in deferred hedging gains or losses. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-Subparagraph b(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 20, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 31, 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 20, 24, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6920433&loc=d3e998-108581

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Fair Value of Outstanding Commodity Swap Contracts and the Related Classification in the Condensed Consolidated Balance Sheet (Detail) $ in Millions	Oct. 01, 2011 USD ($)
Commodity Contract \| Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Other current liabilities	$ (0.8)

Pretax Amounts related to Commodity Swap Contracts that were Recognized in and Reclassified from Accumulated Other Comprehensive Income (Loss) (Detail) - Commodity Contract - Designated as Hedging Instrument - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Oct. 01, 2011	Oct. 01, 2011
Derivative [Line Items]
Losses recognized in accumulated other comprehensive loss	$ (0.7)	$ (0.9)
Losses reclassified from accumulated other comprehensive loss	0.1	0.1
Comprehensive income (loss)	$ (0.6)	$ (0.8)

Fair Value Measurements and the Related Valuation Techniques and Fair Value Hierarchy Level (Detail) - USD ($) $ in Millions	Oct. 01, 2011	Dec. 31, 2010
Foreign Exchange Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value	$ (44.9)	$ (0.9)
Fair Value, Measurements, Recurring \| Foreign Exchange Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value	(44.9)	(0.9)
Fair Value, Measurements, Recurring \| Foreign Exchange Contract \| Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value	(44.9)	$ (0.9)
Fair Value, Measurements, Recurring \| Commodity Contract
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value	(0.8)
Fair Value, Measurements, Recurring \| Commodity Contract \| Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities), at fair value	$ (0.8)

Supplemental Guarantor Condensed Consolidating Balance Sheets (Detail) - USD ($)
$ in Millions

Oct. 01, 2011

Jul. 02, 2011

Dec. 31, 2010

Oct. 02, 2010

Jul. 03, 2010

Dec. 31, 2009

$ 1,676.5

^[1]

$ 1,654.1

$ 1,513.5

$ 1,554.0

2,082.3

^[1]

1,758.4

708.9

^[1]

554.2

524.0

^[1]

418.8

4,991.7

^[1]

4,385.5

1,058.1

^[1]

994.7

632.0

^[1]

614.6

534.1

^[1]

626.3

2,224.2

^[1]

2,235.6

7,215.9

^[1]

6,621.1

6,636.3

Short-term borrowings

4.1

2,199.8

^[1]

1,838.4

1,042.8

^[1]

976.0

3,242.6

^[1]

2,818.5

695.2

^[1]

694.9

534.9

^[1]

538.9

1,230.1

^[1]

1,233.8

EQUITY:

2,626.5

^[1]

2,460.2

Noncontrolling interests

116.7

^[1]

108.6

2,743.2

^[1]

$ 2,901.9

2,568.8

2,538.0

$ 2,322.5

2,181.8

7,215.9

^[1]

6,621.1

Lear

800.8

808.8

802.9

584.9

35.5

37.1

7.7

7.5

105.9

115.5

949.9

968.9

90.9

96.2

Investments in subsidiaries

23.5

781.8

599.1

108.9

194.8

1,005.1

913.6

1,955.0

1,882.5

96.9

97.0

99.1

128.3

196.0

225.3

Intercompany accounts, net

695.2

694.9

(1,710.9)

(1,645.6)

148.2

147.7

(867.5)

(803.0)

EQUITY:

2,626.5

2,460.2

2,626.5

2,460.2

1,955.0

1,882.5

Guarantors

0.2

0.4

0.1

369.1

248.4

259.9

204.7

34.5

10.5

663.7

464.0

166.1

154.1

Investments in subsidiaries

303.9

572.4

651.3

29.4

33.6

1,071.8

1,142.9

1,735.5

1,606.9

556.9

395.3

174.4

161.3

731.3

556.6

Intercompany accounts, net

624.3

553.4

102.0

100.2

726.3

653.6

EQUITY:

277.9

396.7

277.9

396.7

1,735.5

1,606.9

Non-Guarantors

875.5

844.9

$ 710.5

$ 969.0

1,677.7

1,472.9

441.3

342.0

383.6

292.8

3,378.1

2,952.6

801.1

744.4

304.6

287.2

395.8

397.9

1,501.5

1,429.5

4,879.6

4,382.1

Short-term borrowings

4.1

1,546.0

1,346.1

769.3

686.4

2,315.3

2,036.6

Intercompany accounts, net

1,086.6

1,092.2

284.7

291.0

1,371.3

1,383.2

EQUITY:

1,076.3

853.7

Noncontrolling interests

116.7

108.6

1,193.0

962.3

4,879.6

4,382.1

Eliminations

Investments in subsidiaries

(1,354.2)

(1,250.4)

(1,354.2)

(1,250.4)

(1,354.2)

(1,250.4)

EQUITY:

(1,354.2)

(1,250.4)

(1,354.2)

(1,250.4)

Condensed Financial Statements, Captions [Line Items]

$ (1,354.2)

$ (1,250.4)

[1]	Unaudited.

Supplemental Guarantor Condensed Consolidating Statements of Income (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 01, 2011	Oct. 02, 2010	Oct. 01, 2011	Oct. 02, 2010
Condensed Financial Statements, Captions [Line Items]
Net sales	$ 3,460.0	$ 2,820.3	$ 10,648.0	$ 8,798.1
Cost of sales	3,179.5	2,584.5	9,697.5	8,014.7
Selling, general and administrative expenses	114.9	110.0	351.6	350.7
Amortization of intangible assets	7.1	7.0	21.1	20.3
Interest expense	10.9	11.9	24.9	44.2
Other expense, net	8.5	3.0	5.7	1.5
Consolidated income before provision for income taxes	139.1	103.9	547.2	366.7
Provision for income taxes	31.0	5.4	90.7	29.1
Consolidated net income	108.1	98.5	456.5	337.6
Less: Net income attributable to noncontrolling interests	7.4	3.2	22.3	16.4
Net income attributable to Lear	100.7	95.3	434.2	321.2
Lear
Condensed Financial Statements, Captions [Line Items]
Net sales	93.1	89.5	272.1	208.1
Cost of sales	112.1	107.9	342.0	267.8
Selling, general and administrative expenses	36.7	34.3	116.6	118.9
Amortization of intangible assets	0.3	0.4	0.9	1.0
Intercompany charges	0.5	0.4	3.2	2.8
Interest expense	0.5	(4.9)	(0.5)	(12.0)
Other intercompany (income) expense, net	(78.3)	(12.5)	(252.9)	(86.9)
Other expense, net	10.8	(0.3)	5.5	13.2
Consolidated income before provision for income taxes	10.5	(35.8)	57.3	(96.7)
Provision for income taxes	4.1	(0.7)	12.6	4.3
Equity in net income of subsidiaries	(94.3)	(130.4)	(389.5)	(422.2)
Consolidated net income	100.7	95.3	434.2	321.2
Net income attributable to Lear	100.7	95.3	434.2	321.2
Guarantors
Condensed Financial Statements, Captions [Line Items]
Net sales	1,340.2	1,077.4	3,918.1	3,267.5
Cost of sales	1,227.9	956.7	3,572.1	2,934.6
Selling, general and administrative expenses	12.5	10.4	35.9	39.8
Amortization of intangible assets	0.1	0.1	0.3	0.3
Intercompany charges	0.3	0.4	1.2	1.3
Interest expense	6.4	9.8	18.0	34.1
Other intercompany (income) expense, net	46.9	10.8	137.3	31.5
Other expense, net	11.6	(1.3)	13.4	(8.6)
Consolidated income before provision for income taxes	34.5	90.5	139.9	234.5
Provision for income taxes	(0.2)		2.4
Equity in net income of subsidiaries		(12.6)	(110.1)	(79.5)
Consolidated net income	34.7	103.1	247.6	314.0
Net income attributable to Lear	34.7	103.1	247.6	314.0
Non-Guarantors
Condensed Financial Statements, Captions [Line Items]
Net sales	3,058.9	2,470.3	9,546.8	7,888.5
Cost of sales	2,871.7	2,336.8	8,872.4	7,378.3
Selling, general and administrative expenses	65.7	65.3	199.1	192.0
Amortization of intangible assets	6.7	6.5	19.9	19.0
Intercompany charges	(0.8)	(0.8)	(4.4)	(4.1)
Interest expense	4.0	7.0	7.4	22.1
Other intercompany (income) expense, net	31.4	1.7	115.6	55.4
Other expense, net	(13.9)	4.6	(13.2)	(3.1)
Consolidated income before provision for income taxes	94.1	49.2	350.0	228.9
Provision for income taxes	27.1	6.1	75.7	24.8
Consolidated net income	67.0	43.1	274.3	204.1
Less: Net income attributable to noncontrolling interests	7.4	3.2	22.3	16.4
Net income attributable to Lear	59.6	39.9	252.0	187.7
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net sales	(1,032.2)	(816.9)	(3,089.0)	(2,566.0)
Cost of sales	(1,032.2)	(816.9)	(3,089.0)	(2,566.0)
Equity in net income of subsidiaries	94.3	143.0	499.6	501.7
Consolidated net income	(94.3)	(143.0)	(499.6)	(501.7)
Net income attributable to Lear	$ (94.3)	$ (143.0)	$ (499.6)	$ (501.7)

Supplemental Guarantor Condensed Consolidating Statements of Cash Flows (Detail) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

9 Months Ended

Oct. 01, 2011

Jul. 02, 2011

Oct. 02, 2010

Jul. 03, 2010

Oct. 01, 2011

Oct. 02, 2010

$ 516.5

$ 384.1

$ (91.5)

$ (38.9)

(247.7)

(115.3)

22.9

2.1

(224.8)

(113.2)

Proceeds from the issuance of senior notes

694.5

First lien credit agreement repayments

(375.0)

Second lien credit agreement repayments

(550.0)

Other long-term debt repayments, net

(1.1)

(9.2)

Short-term debt repayments, net

(4.2)

(33.8)

Payment of debt issuance costs

$ (4.8)

$ (17.6)

(4.8)

(17.6)

(194.2)

(38.3)

(18.5)

(13.9)

(3.4)

(264.5)

(308.4)

(4.8)

(3.0)

Cash and Cash Equivalents as of Beginning of Period

22.4

(40.5)

1,554.0

1,654.1

1,554.0

Condensed Financial Statements, Captions [Line Items]

1,676.5

^[1]

1,513.5

1,676.5

^[1]

1,513.5

Lear

132.7

(68.1)

(7.5)

(8.7)

23.6

16.1

(8.7)

Proceeds from the issuance of senior notes

694.5

First lien credit agreement repayments

(375.0)

Second lien credit agreement repayments

(550.0)

Payment of debt issuance costs

(4.8)

(17.6)

(194.2)

(38.3)

Change in intercompany accounts

(3.5)

(3.4)

84.0

544.1

(156.8)

292.6

2.2

Cash and Cash Equivalents as of Beginning of Period

(8.0)

218.0

584.9

808.8

584.9

Condensed Financial Statements, Captions [Line Items]

800.8

802.9

800.8

802.9

Guarantors

115.6

266.6

(48.5)

(30.1)

2.2

2.1

(46.3)

(28.0)

Change in intercompany accounts

(69.5)

(238.1)

(69.5)

(238.1)

(0.5)

Cash and Cash Equivalents as of Beginning of Period

(0.2)

0.1

0.4

0.1

Condensed Financial Statements, Captions [Line Items]

0.2

0.1

0.2

0.1

Non-Guarantors

268.2

185.6

(191.7)

(76.5)

(2.9)

(194.6)

(76.5)

Other long-term debt repayments, net

(1.1)

(9.2)

Short-term debt repayments, net

(4.2)

(33.8)

(18.5)

(13.9)

Change in intercompany accounts

0.1

(14.5)

(306.0)

(38.2)

(362.9)

(4.8)

(4.7)

Cash and Cash Equivalents as of Beginning of Period

30.6

(258.5)

$ 969.0

844.9

969.0