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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2012	Feb. 08, 2013	Jun. 30, 2012
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	FY
Trading Symbol	LEA
Entity Registrant Name	LEAR CORP
Entity Central Index Key	0000842162
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		95,704,487
Entity Public Float			$ 3,695,323,702

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Current Assets:
Cash and cash equivalents	$ 1,402.2	$ 1,754.3
Accounts receivable	2,040.7	1,880.1
Inventories	727.1	637.8
Other	703.5	489.3
Total current assets	4,873.5	4,761.5
Long-Term Assets:
Property, plant and equipment, net	1,403.1	1,072.0
Goodwill	746.5	628.6
Other	1,171.0	548.8
Total long-term assets	3,320.6	2,249.4
Total assets	8,194.1	7,010.9
Current Liabilities:
Accounts payable and drafts	2,233.0	2,014.3
Accrued liabilities	983.9	1,049.2
Total current liabilities	3,216.9	3,063.5
Long-Term Liabilities:
Long-term debt	626.3	695.4
Other	738.7	690.9
Total long-term liabilities	1,365.0	1,386.3
Equity:
Preferred stock, 100,000,000 shares authorized (including 10,896,250 shares of Series A convertible preferred stock authorized); no shares outstanding
Common stock, $0.01 par value, 300,000,000 shares authorized; 107,863,310 and 107,486,539 shares issued as of December 31, 2012 and 2011, respectively	1.1	1.1
Additional paid-in capital, including warrants to purchase common stock	2,155.7	2,150.6
Common stock held in treasury, 11,921,235 and 6,799,597 shares as of December 31, 2012 and 2011, respectively, at cost	(517.9)	(305.6)
Retained earnings	2,149.0	922.3
Accumulated other comprehensive loss	(300.8)	(332.0)
Lear Corporation stockholders' equity	3,487.1	2,436.4
Noncontrolling interests	125.1	124.7
Equity	3,612.2	2,561.1
Total liabilities and equity	$ 8,194.1	$ 7,010.9

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2012	Dec. 31, 2011
Preferred stock, shares authorized	100,000,000	100,000,000
Series A convertible preferred stock, shares authorized	10,896,250	10,896,250
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	107,863,310	107,486,539
Common stock held in treasury, shares	11,921,235	6,799,597

Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended								12 Months Ended
Consolidated Statements of Income - USD ($) $ in Millions	Dec. 31, 2012	Sep. 29, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Oct. 01, 2011	Jul. 02, 2011	Apr. 02, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Net sales	$ 3,719.4	$ 3,538.6	$ 3,665.0	$ 3,644.0	$ 3,508.5	$ 3,460.0	$ 3,676.3	$ 3,511.7	$ 14,567.0	$ 14,156.5	$ 11,954.6
Cost of sales									13,349.5	12,963.3	10,936.3
Selling, general and administrative expenses									479.3	485.6	452.7
Amortization of intangible assets									33.0	28.0	27.2
Interest expense									49.9	39.7	55.4
Other expense, net									6.4	24.2	34.2
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries									648.9	615.7	448.8
Provision (benefit) for income taxes									(638.0)	68.8	24.6
Equity in net income of affiliates									(30.3)	(23.5)	(37.2)
Consolidated net income	890.1	128.1	154.6	144.4	113.9	108.1	185.7	162.7	1,317.2	570.4	461.4
Less: Net income attributable to noncontrolling interests									34.4	29.7	23.1
Net income attributable to Lear	$ 881.9	$ 121.4	$ 145.4	$ 134.1	$ 106.5	$ 100.7	$ 177.5	$ 156.0	$ 1,282.8	$ 540.7	$ 438.3
Basic net income per share attributable to Lear	$ 9.12	$ 1.25	$ 1.47	$ 1.34	$ 1.05	$ 0.97	$ 1.70	$ 1.48	$ 13.04	$ 5.21	$ 4.30
Diluted net income per share attributable to Lear	$ 9.00	$ 1.23	$ 1.45	$ 1.32	$ 1.03	$ 0.95	$ 1.65	$ 1.44	$ 12.85	$ 5.08	$ 4.05

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Net income	$ 1,317.2	$ 570.4	$ 461.4
Other comprehensive income (loss), net of tax:
Defined benefit plans	(10.8)	(181.7)	(66.6)
Derivative instrument and hedging activities	40.3	(36.3)	(1.3)
Foreign currency translation adjustments	2.9	(33.5)	(6.3)
Total other comprehensive income (loss)	32.4	(251.5)	(74.2)
Consolidated comprehensive income	1,349.6	318.9	387.2
Less: Comprehensive income attributable to noncontrolling interests	35.6	32.2	25.6
Comprehensive income attributable to Lear	$ 1,314.0	$ 286.7	$ 361.6

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

Net of tax and reclassification adjustments amount of the increase (decrease) in accumulated other comprehensive income (loss) related to pension and other postretirement benefit plans, attributable to the parent entity.

+ References

+ Details

- Definition

Net of tax amount, before reclassification adjustments, of the change in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Also includes an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss).

+ References

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+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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+ Details

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Cash Flows from Operating Activities:
Consolidated net income	$ 1,317.2	$ 570.4	$ 461.4
Adjustments to reconcile consolidated net income to net cash provided by operating activities -
Equity in net income of affiliates	(30.3)	(23.5)	(37.2)
Loss on extinguishment of debt	3.7		11.8
Fixed asset impairment charges	6.5	2.2	7.2
Deferred tax benefit	(693.7)	(49.4)	(7.9)
Depreciation and amortization	239.5	246.3	235.9
Stock-based compensation	39.8	34.6	22.9
Net change in recoverable customer engineering, development and tooling	(36.7)	(11.4)	(40.7)
Net change in working capital items (see below)	(48.8)	(6.3)	48.3
Changes in other long-term liabilities	(22.8)	4.3	(56.4)
Changes in other long-term assets	(20.3)	21.3	(26.9)
Other, net	(24.3)	1.8	3.5
Net cash provided by operating activities	729.8	790.3	621.9
Cash Flows from Investing Activities:
Additions to property, plant and equipment	(458.3)	(329.5)	(193.3)
Insurance proceeds	19.2	3.5
Cash paid for acquisitions, net of cash acquired	(243.9)	(8.4)
Other, net	(4.9)	31.2	1.2
Net cash used in investing activities	(687.9)	(303.2)	(192.1)
Cash Flows from Financing Activities:
Repurchase of senior notes	(72.1)
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 and other financing costs		(4.8)	(17.6)
Other long-term debt repayments, net		(1.1)	(9.3)
Short-term repayments, net		(4.0)	(34.0)
Repurchase of common stock	(222.8)	(279.1)
Dividends paid to Lear Corporation stockholders	(54.6)	(51.1)
Dividends paid to noncontrolling interests	(23.1)	(18.5)	(16.2)
Other, net	(23.5)	(13.7)	(13.1)
Net cash used in financing activities	(396.1)	(372.3)	(320.7)
Effect of foreign currency translation	2.1	(14.6)	(9.0)
Net Change in Cash and Cash Equivalents	(352.1)	100.2	100.1
Cash and Cash Equivalents at Beginning of Period	1,754.3	1,654.1	1,554.0
Cash and Cash Equivalents at End of Period	1,402.2	1,754.3	1,654.1
Changes in Working Capital:
Accounts receivable	(111.5)	(165.8)	(291.3)
Inventories	(60.0)	(101.0)	(106.8)
Accounts payable	174.6	216.7	318.4
Accrued liabilities and other	(51.9)	43.8	128.0
Net change in working capital items	(48.8)	(6.3)	48.3
Supplementary Disclosure:
Cash paid for interest	58.4	59.9	57.0
Cash paid for income taxes, net of refunds received of $12.7 in 2012, $21.1 in 2011 and $25.3 in 2010	$ 85.0	$ 79.8	$ 57.5

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Cash paid for income taxes, refunds received	$ 12.7	$ 21.1	$ 25.3

Consolidated Statements of Equity - USD ($) $ in Millions	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Treasury Stock	Retained Earnings (Deficit)	Accumulated Other Comprehensive Loss, net of tax Defined Benefit Plans	Accumulated Other Comprehensive Loss, net of tax Derivative Instruments and Hedging Activities	Accumulated Other Comprehensive Loss, net of tax Cumulative Translation Adjustments	Lear Stockholders' Equity	Non- controlling Interests
Balance at Dec. 31, 2009	$ 2,181.8	$ 408.1	$ 0.7	$ 1,685.4		$ (3.8)	$ 9.2		$ (10.5)	$ 2,089.1	$ 92.7
Comprehensive income (loss):
Net income	461.4					438.3				438.3	23.1
Other comprehensive income (loss)	(74.2)						(66.6)	$ (1.3)	(8.8)	(76.7)	2.5
Total comprehensive income (loss)	387.2					438.3	(66.6)	(1.3)	(8.8)	361.6	25.6
Conversion of 9,881,303 shares of Series A preferred stock		$ (408.1)	0.2	407.9
Issuance of 38,017 shares in 2012, 1,092,437 in 2011 and 10,869,802 shares in 2012 of common stock related to exercises of warrants			0.1	(0.1)
Stock-based compensation	9.5		0.1	22.8	$ (13.4)					9.5
Dividends paid to noncontrolling interests	(16.2)										(16.2)
Transaction with affiliates	6.5										6.5
Balance at Dec. 31, 2010	2,568.8		1.1	2,116.0	(13.4)	434.5	(57.4)	(1.3)	(19.3)	2,460.2	108.6
Comprehensive income (loss):
Net income	570.4					540.7				540.7	29.7
Other comprehensive income (loss)	(251.5)						(181.7)	(36.3)	(36.0)	(254.0)	2.5
Total comprehensive income (loss)	318.9					540.7	(181.7)	(36.3)	(36.0)	286.7	32.2
Stock-based compensation	21.5			34.6	(13.1)					21.5
Repurchases of 5,357,443 shares in 2012 and 6,182,429 shares in 2011 of common stock at an average price of $41.59 in 2012 and $45.15 in 2011 per share	(279.1)				(279.1)					(279.1)
Dividends declared to Lear Corporation stockholders	(52.9)					(52.9)				(52.9)
Dividends paid to noncontrolling interests	(18.5)										(18.5)
Acquisition of outstanding noncontrolling interests	2.4										2.4
Balance at Dec. 31, 2011	2,561.1		1.1	2,150.6	(305.6)	922.3	(239.1)	(37.6)	(55.3)	2,436.4	124.7
Comprehensive income (loss):
Net income	1,317.2					1,282.8				1,282.8	34.4
Other comprehensive income (loss)	32.4						(10.8)	40.3	1.7	31.2	1.2
Total comprehensive income (loss)	1,349.6					1,282.8	(10.8)	40.3	1.7	1,314.0	35.6
Stock-based compensation	26.8			39.8	(13.0)					26.8
Excess tax benefits related to stock-based compensation	0.3			0.3						0.3
Issuances of 541,890 shares held in treasury at an average price of $43.46 per share in settlement of stock-based compensation				(23.5)	23.5
Repurchases of 5,357,443 shares in 2012 and 6,182,429 shares in 2011 of common stock at an average price of $41.59 in 2012 and $45.15 in 2011 per share	(222.8)				(222.8)					(222.8)
Dividends declared to Lear Corporation stockholders	(56.1)					(56.1)				(56.1)
Dividends paid to noncontrolling interests	(23.1)										(23.1)
Acquisition of outstanding noncontrolling interests	(23.6)			(11.5)						(11.5)	(12.1)
Balance at Dec. 31, 2012	$ 3,612.2		$ 1.1	$ 2,155.7	$ (517.9)	$ 2,149.0	$ (249.9)	$ 2.7	$ (53.6)	$ 3,487.1	$ 125.1

Consolidated Statements of Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Series A preferred stock shares converted			9,881,303
Issuance of common stock related to execises of warrants, shares	38,017	1,092,437	10,869,802
Issuance of common stock related to share based compensation, shares	541,890
Issuance of common stock related to share based compensation, per shares	$ 43.46
Common stock, shares repurchase	5,357,443	6,182,429
Common stock, shares repurchase price per share	$ 41.59	$ 45.15

- Definition

Number of shares issued during the period as a result of the conversion of convertible securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
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-Article 3

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+ Details

Basis of Presentation

12 Months Ended

Dec. 31, 2012

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 (Note 13, “Segment Reporting”).

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.

The accompanying consolidated financial statements include the accounts of Lear, a Delaware corporation, and the wholly owned and less than wholly owned subsidiaries controlled by Lear.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

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+ Details

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies

(2) Summary of Significant Accounting Policies

Consolidation

Lear consolidates all entities, including 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 (Note 5, “Investments in Affiliates and Other Related Party Transactions”).

Fiscal Period Reporting

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.

Cash and Cash Equivalents

Cash and cash equivalents include all highly liquid investments with original maturities of ninety days or less.

Accounts Receivable

The Company records accounts receivable as title is transferred to its customers. The Company’s customers are the world’s major automotive manufacturers. The Company records accounts receivable reserves for known collectibility issues, as such issues relate to specific transactions or customer balances. As of December 31, 2012 and 2011, accounts receivable are reflected net of reserves of $35.4 million and $30.7 million, respectively. The Company writes off accounts receivable when it becomes apparent, based upon age or customer circumstances, that such amounts will not be collected. Generally, the Company does not require collateral for its accounts receivable.

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. The Company records inventory reserves for inventory in excess of production and/or forecasted requirements and for obsolete inventory in production and service inventories. As of December 31, 2012 and 2011, inventories are reflected net of reserves of $89.8 million and $86.1 million, respectively. A summary of inventories is shown below (in millions):


December 31,	2012		2011
Raw materials	$	582.2	$	520.1
Work-in-process		37.4		36.0
Finished goods		107.5		81.7

Inventories	$	727.1	$	637.8

Pre-Production Costs Related to Long-Term Supply Arrangements

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 2012 and 2011, the Company capitalized $201.5 million and $176.6 million, respectively, of pre-production E&D costs for which reimbursement is contractually guaranteed by the customer. During 2012 and 2011, the Company also capitalized $164.7 million and $166.8 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 consolidated balance sheets. During 2012 and 2011, the Company collected $346.8 million and $325.8 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):


December 31,	2012		2011
Current	$	141.8	$	96.0
Long-term		55.0		64.2

Recoverable customer engineering, development and tooling	$	196.8	$	160.2

Property, Plant and Equipment

Property, plant and equipment is stated at cost; however, as a result of the adoption of fresh-start accounting, property, plant and equipment was re-measured at estimated fair value as of November 7, 2009 (see Note 1, “Basis of Presentation”). 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 useful life of the related asset. Depreciable property is depreciated over the estimated useful lives of the assets, using principally the straight-line method as follows:


Buildings and improvements			10 to 40 years
Machinery and equipment			5 to 10 years

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


December 31,	2012			2011
Land	$	114.0		$	106.1
Buildings and improvements		475.1			406.1
Machinery and equipment		1,306.6			988.6
Construction in progress		139.6			3.3

Total property, plant and equipment		2,035.3			1,504.1
Less – accumulated depreciation		(632.2	)		(432.1	)

Net property, plant and equipment	$	1,403.1		$	1,072.0

Depreciation expense was $206.6 million, $218.3 million and $208.7 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Impairment of Goodwill

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 annual impairment testing, the Company may first perform a qualitative assessment of whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount. If not, no further goodwill impairment testing is performed. If it is more likely than not that a reporting unit’s fair value is less than its carrying amount, or if the Company elects not to perform a qualitative assessment of a reporting unit, the Company then compares the fair value of the reporting unit 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 utilizes an income approach to estimate the fair value of each of its reporting units and a market valuation approach to further support this analysis. The income approach is based on projected debt-free cash flow which is discounted to the present value using discount factors that consider the timing and risk of cash flows. The Company believes that this approach is appropriate because it provides a fair value estimate based upon the reporting unit’s expected long-term operating cash flow performance. This approach also mitigates the impact of cyclical trends that occur in the industry. Fair value is estimated using recent automotive industry and specific platform production volume projections, which are based on both third-party and internally developed forecasts, as well as commercial, wage and benefit, inflation and discount rate assumptions. The discount rate used is the value-weighted average of the Company’s estimated cost of equity and of debt (“cost of capital”) derived using both known and estimated customary market metrics. The Company’s weighted average cost of capital is adjusted by reporting unit to reflect a risk factor, if necessary. Other significant assumptions include terminal value growth rates, terminal value margin rates, future capital expenditures and changes in future working capital requirements. While there are inherent uncertainties related to the assumptions used and to management’s application of these assumptions to this analysis, the Company believes that the income approach provides a reasonable estimate of the fair value of its reporting units. The market valuation approach is used to further support the Company’s analysis and is based on recent transactions involving comparable companies.

In 2012, the Company performed a qualitative assessment for certain of its reporting units and a quantitative assessment for others. All assessments were completed as of the first day of the Company’s fourth quarter. The assessments indicated that the fair value of each of the reporting units exceeded its respective carrying value. The Company does not believe that any of its reporting units is at risk for impairment.

A summary of the changes in the carrying amount of goodwill, by reportable operating segment, for each of the periods in the two years ended December 31, 2012, is shown below (in millions):


	Seating
Balance as of December 31, 2010	$	614.6
Acquisition		15.0
Foreign currency translation and other		(1.0	)

Balance as of December 31, 2011	$	628.6
Acquisition		113.9
Foreign currency translation and other		4.0

Balance as of December 31, 2012	$	746.5

Intangible Assets

Intangible assets consist primarily of certain intangible assets recorded in connection with the adoption of fresh-start accounting in 2009 and the acquisition of Guilford Mills (“Guilford”) in 2012 (see Note 3, “Acquisition.”). These intangible assets were recorded at their estimated fair value, based on independent appraisals, as of the transaction or acquisition date. The technology intangible asset includes the Company’s proprietary patents. The value assigned to technology intangibles is based on the royalty savings method, which applies a hypothetical royalty rate to projected revenues attributable to the identified technologies. Royalty rates were determined based on analysis of market information and discussions with the Company’s management. The customer-based intangible asset includes the Company’s established relationships with its customers and the ability of these customers to generate future economic profits for the Company. The value assigned to customer-based intangibles is based on the present value of future earnings attributable to the asset group after recognition of required returns to other contributory assets. A summary of intangible assets as of December 31, 2012 and 2011, is shown below (in millions):


	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (years)
Technology	$	32.2	$	(9.0	)	$	23.2		8.8
Customer-based		224.6		(83.5	)		141.1		7.8

Balance as of December 31, 2012	$	256.8	$	(92.5	)	$	164.3		8.0


	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (years)
Technology	$	20.1	$	(5.6	)	$	14.5		7.7
Customer-based		182.6		(54.8	)		127.8		7.0

Balance as of December 31, 2011	$	202.7	$	(60.4	)	$	142.3		7.1

Excluding the impact of any future acquisitions, the Company’s estimated annual amortization expense for the five succeeding years is shown below (in millions):


Year	Expense
2013	$	34.3
2014		34.3
2015		34.3
2016		29.9
2017		7.9

Impairment of Long-Lived Assets

The Company monitors its long-lived assets for impairment indicators on an ongoing basis in accordance with accounting principles generally accepted in the United States (“GAAP”). If impairment indicators exist, the Company performs the required impairment analysis by comparing the undiscounted cash flows expected to be generated from 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. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived assets. Fair value is estimated based upon either discounted cash flow analyses or estimated salvage values. Cash flows are estimated using internal budgets based on recent sales data, independent automotive production volume estimates and customer commitments, as well as assumptions related to discount rates.

In the years ended December 31, 2012, 2011 and 2010, the Company recognized fixed asset impairment charges of $6.0 million, $1.0 million and $3.6 million, respectively, in conjunction with its restructuring actions (Note 4, “Restructuring”), as well as additional fixed asset impairment charges of $0.5 million, $1.2 million and $3.6 million, respectively.

Fixed asset impairment charges are recorded in cost of sales in the accompanying consolidated statements of income for the years ended December 31, 2012, 2011 and 2010.

Impairment of Investments in Affiliates

The Company monitors its investments in affiliates for indicators of other-than-temporary declines in value on an ongoing basis in accordance with GAAP. If the Company determines that an other-than-temporary decline in value has occurred, it recognizes an impairment loss, which is measured as the difference between the recorded book value and the fair value of the investment. Fair value is generally determined using an income approach based on discounted cash flows or negotiated transaction values.

Revenue Recognition and Sales Commitments

The Company enters into agreements with its customers to produce products at the beginning of a vehicle’s life cycle. Although such agreements do not provide for a specified quantity of products, once the Company enters into such agreements, the Company is generally required to fulfill its customers’ purchasing requirements for the production life of the vehicle. These agreements generally may be terminated by the Company’s customers at any time. Historically, terminations of these agreements have been minimal. In certain instances, the Company may be committed under existing agreements to supply products to its customers at selling prices which are not sufficient to cover the direct cost to produce such products. In such situations, the Company recognizes losses as they are incurred.

The Company receives purchase orders from its customers on an annual basis. Generally, each purchase order provides the annual terms, including pricing, related to a particular vehicle model. Purchase orders do not specify quantities. The Company recognizes revenue based on the pricing terms included in its annual purchase orders as title is transferred to its customers. The Company is asked to provide its customers with annual price reductions as part of certain agreements. The Company accrues for such amounts as a reduction of revenue as its products are shipped to its customers. In addition, the Company has ongoing adjustments to its pricing arrangements with its customers based on the related content, the cost of its products and other commercial factors. Such pricing accruals are adjusted as they are settled with the Company’s customers.

Amounts billed to customers related to shipping and handling costs are included in net sales in the consolidated statements of income. Shipping and handling costs are included in cost of sales in the consolidated statements of income.

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 Costs

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 GAAP. Generally, charges are recorded as restructuring actions are approved and/or implemented.

Engineering and Development

Costs incurred in connection with the development of new products and manufacturing methods within one year of launch, to the extent not recoverable from the Company’s customers, are charged to cost of sales as incurred. Such costs are charged to selling, general and administrative expenses when incurred more than one year prior to launch. Engineering and development costs charged to selling, general and administrative expenses totaled $104.3 million, $110.7 million and $81.4 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Other Expense, Net

Other expense, net includes 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 extinguishment of debt (Note 7, “Long-Term Debt”), gains and losses on the disposal of fixed assets (Note 12, Commitments and Contingencies) and other miscellaneous income and expense. A summary of other expense, net is shown below (in millions):


For the year ended December 31,	2012			2011			2010
Other expense	$	33.9		$	27.8		$	37.2
Other income		(27.5	)		(3.6	)		(3.0	)

Other expense, net	$	6.4		$	24.2		$	34.2

Income Taxes

The Company accounts for income taxes in accordance with GAAP. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax loss and credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.

In determining the provision for income taxes for financial statement purposes, the Company makes certain estimates and judgments, which affect its evaluation of the carrying value of its deferred tax assets, as well as its calculation of certain tax liabilities. The Company evaluates the realizability of its deferred tax assets on a quarterly basis. In completing this evaluation, the Company considers all available evidence in order to determine whether, based on the weight of the evidence, a valuation allowance for its deferred tax assets is necessary. Such evidence includes historical results, future reversals of existing taxable temporary differences and expectations for future taxable income (exclusive of the reversal of temporary differences and carryforwards), as well as the implementation of feasible and prudent tax planning strategies. If, based on the weight of the evidence, it is more likely than not that all or a portion of the Company’s deferred tax assets will not be realized, a valuation allowance is recorded.

The Company’s current and future provision for income taxes is impacted by the initial recognition of and changes in valuation allowances in certain countries. 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.

The calculation of the Company’s gross unrecognized tax benefits and liabilities includes uncertainties in the application of, and changes in, complex tax regulations in a multitude of jurisdictions across the Company’s global operations. The Company recognizes these tax benefits and liabilities based on its estimate of whether, and the extent to which, additional taxes will be due. The Company adjusts these benefits and liabilities based on changing facts and circumstances; however, due to the complexity of these uncertainties and the impact of tax audits, the ultimate resolutions may differ significantly from the Company’s estimates.

Foreign Currency Translation

With the exception of foreign subsidiaries operating in highly inflationary economies, which are measured in U.S. dollars, assets and liabilities of foreign subsidiaries are translated into U.S. dollars at the foreign exchange rates in effect at the end of the period. Revenues and expenses of foreign subsidiaries are translated into U.S. dollars using an average of the foreign exchange rates in effect during the period. Translation adjustments that arise from translating a foreign subsidiary’s financial statements from the functional currency to the U.S. dollar are reflected in accumulated other comprehensive loss in the consolidated balance sheets.

Transaction gains and losses that arise from foreign exchange rate fluctuations on transactions denominated in a currency other than the functional currency, except certain long-term intercompany transactions, are included in the consolidated statements of income as incurred.

Stock-Based Compensation

The Company measures stock-based employee compensation expense at fair value in accordance with GAAP and recognizes such expense over the vesting period of the stock-based employee awards.

Net Income Per Share Attributable to Lear

Basic net income per share attributable to Lear is 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 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 2010 were considered participating securities. There were no preferred shares outstanding during 2012 and 2011, as all of the Company’s remaining preferred shares outstanding were converted into shares of common stock in 2010. For the year ended December 31, 2010, average participating securities outstanding were 3,544,837 (such securities were convertible into 7,089,674 shares of common stock after giving effect to the two-for-one stock split described in Note 10, “Capital Stock and Equity”). For further information related to the Company’s preferred shares, see Note 10, “Capital Stock and Equity.”

Diluted net income per share attributable to Lear is 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):


For the year ended December 31,	2012		2011		2010
Net income attributable to Lear	$	1,282.8	$	540.7	$	438.3
Less: Undistributed earnings allocated to participating securities		—		—		(30.5	)

Net income available to Lear common shareholders	$	1,282.8	$	540.7	$	407.8


Average common shares outstanding		98,388,228		103,750,223		94,814,044


Basic net income per share attributable to Lear	$	13.04	$	5.21	$	4.30

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


For the year ended December 31,	2012		2011		2010
Net income attributable to Lear	$	1,282.8	$	540.7	$	438.3


Average common shares outstanding		98,388,228		103,750,223		94,814,044
Dilutive effect of common stock equivalents		1,437,458		2,594,144		13,308,106

Average diluted shares outstanding		99,825,686		106,344,367		108,122,150


Diluted net income per share attributable to Lear	$	12.85	$	5.08	$	4.05

Each of the Company’s participating securities was convertible into two shares of common stock, after giving effect to the two-for-one stock split described in Note 10, “Capital Stock and Equity,” and participated ratably with common stock on dividends. Accordingly, in the year ended December 31, 2010, diluted net income per share attributable to Lear computed using the two-class method produced the same results. In the years ended December 31, 2012 and 2011, there were no participating securities outstanding.

Product Warranty

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.

Segment Reporting

The Company has two reportable operating segments: seating, which includes seat systems and related components, such as seat structures and mechanisms, 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, regional headquarters and the elimination of intercompany activities, none of which meets the requirements for being classified as an operating segment.

Each of the Company’s operating segments reports its results from operations and makes its requests for capital expenditures directly to the chief operating decision-making group. The economic performance of each operating segment is driven primarily by automotive production volumes in the geographic regions in which it operates, as well as by the success of the vehicle platforms for which it supplies products. Also, each operating segment operates in the competitive Tier 1 automotive supplier environment and is continually working with its customers to manage costs and improve quality. The Company’s production processes generally make use of unskilled labor, dedicated facilities, sequential manufacturing and assembly processes and commodity raw materials.

The Company evaluates the performance of its operating segments based primarily on (i) revenues from external customers, (ii) pretax income before equity in net income of affiliates, interest expense and other expense, (“segment earnings”) and (iii) cash flows, being defined as segment earnings less capital expenditures plus depreciation and amortization.

The accounting policies of the Company’s operating segments are the same as those described in this note to the consolidated financial statements.

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 the exposure to changes in the fair value of a recognized asset or liability or of an unrecognized firm commitment (a fair value hedge), (2) a hedge of the exposure of a forecasted transaction or of the variability in the cash flows of 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).

For a fair value hedge, both the effective and ineffective portions of the change in the fair value of the derivative are recorded in earnings and reflected in the consolidated statement of income on the same line as the gain or loss on the hedged item attributable to the hedged risk. For a cash flow hedge, the effective portion of the change in the fair value of the derivative is recorded in accumulated other comprehensive loss in the consolidated balance sheet. When the underlying hedged transaction is realized, the gain or loss included in accumulated other comprehensive loss is recorded in earnings and reflected in the consolidated statement of income on the same line as the gain or loss on the hedged item attributable to the hedged risk. For a net investment hedge, the effective portion of the change in the fair value of the derivative is recorded in cumulative translation adjustment, which is a component of accumulated other comprehensive loss in the consolidated balance sheet. In addition, for both cash flow and net investment hedges, changes in the fair value of the derivative that are excluded from the Company’s effectiveness assessments and the ineffective portion of changes in the fair value of the derivative are recorded in earnings and reflected in the consolidated statement of income as other expense, net.

The Company formally documents its hedge relationships, including the identification of the hedging instruments and the related hedged items, as well as its risk management objectives and strategies for undertaking the hedge transaction. Derivatives are recorded at fair value in other current and long-term assets and other current and long-term liabilities in the consolidated balance sheet. The Company also formally assesses, both at inception and at least quarterly thereafter, whether a derivative used in a hedging transaction is highly effective in offsetting changes in either the fair value or the cash flows of the hedged item. When it is determined that a derivative ceases to be highly effective, the Company discontinues hedge accounting.

Use of Estimates

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. During 2012, there were no material changes in the methods or policies used to establish estimates and assumptions. Other matters subject to estimation and judgment include amounts related to accounts receivable realization, inventory obsolescence, asset impairments, useful lives of fixed and intangible assets and unsettled pricing discussions with customers and suppliers (Note 2, “Summary of Significant Accounting Policies”); restructuring accruals (Note 4, “Restructuring”); deferred tax asset valuation allowances and income taxes (Note 8, “Income Taxes”); pension and other postretirement benefit plan assumptions (Note 9, “Pension and Other Postretirement Benefit Plans”); accruals related to litigation, warranty and environmental remediation costs (Note 12, “Commitments and Contingencies”); and self-insurance accruals. Actual results may differ significantly from the Company’s estimates.

Reclassifications

Certain amounts in prior periods’ financial statements have been reclassified to conform to the presentation used in the year ended December 31, 2012.

Acquisition

12 Months Ended

Dec. 31, 2012

Acquisition

(3) Acquisition

On May 31, 2012, the Company completed the acquisition of Guilford Mills (“Guilford”), a privately-held portfolio company of Cerberus Capital Management, L.P., which manufactures fabrics for the automotive and specialty markets, for $243.9 million, net of cash acquired and excluding purchase price adjustments of $0.7 million. In addition, the Company incurred transaction costs of $5.0 million related to advisory services in 2012, which have been expensed as incurred. Guilford has annual sales of approximately $400 million with operations in North America, Europe and Asia.

The Guilford acquisition was accounted for as a purchase, and accordingly, the assets acquired and liabilities assumed are included in the accompanying consolidated balance sheet as of December 31, 2012. The operating results and cash flows of Guilford are included in the accompanying consolidated financial statements from the date of acquisition. The preliminary purchase price and related allocation are shown below (in millions):

Purchase price paid to former owner, net of cash acquired	$	243.9
Purchase price adjustments		(0.7	)

Net purchase price	$	243.2


Property, plant and equipment	$	89.9
Other assets purchased and liabilities assumed, net		(16.6	)
Goodwill		113.9
Intangible assets		56.0

Preliminary purchase price allocation	$	243.2

Recognized goodwill is attributable to the assembled workforce, expected synergies and other intangible assets that do not qualify for separate recognition. Intangible assets include amounts recognized for the fair value of customer-based and technology-related assets. The Company estimates that these intangible assets have a weighted average useful life of approximately ten years.

As of the acquisition date, the Company had amounts payable to Guilford of $8.9 million for purchases of raw materials. As a result of the acquisition, these amounts payable were effectively settled at carrying value, which approximated fair value. The purchase price paid to the former owner discussed above excludes cash paid to settle this pre-existing relationship.

The pro forma effects of this acquisition would not materially impact the Company’s reported results for any period presented.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
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-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
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-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1383-128463

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-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 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-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 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-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.

+ Details

Restructuring

12 Months Ended

Dec. 31, 2012

Restructuring

(4) Restructuring

In 2012, the Company recorded charges of $55.1 million in connection with its restructuring actions. These charges consist of $44.8 million recorded as cost of sales, $10.4 million recorded as selling, general and administrative expenses and ($0.1) million recorded as other expense, net. The restructuring charges consist of employee termination benefits of $45.4 million, asset impairment charges of $6.0 million and contract termination costs of $1.9 million, as well as other related costs of $1.8 million. Employee termination benefits were recorded based on existing union and employee contracts, statutory requirements, completed negotiations and Company policy. Asset impairment charges relate to the disposal of buildings, leasehold improvements and machinery and equipment with carrying values of $6.0 million in excess of related estimated fair values. The Company expects to incur approximately $28.9 million of additional restructuring costs related to activities initiated as of December 31, 2012, and expects that the components of such costs will be consistent with its historical experience. Any future restructuring actions will depend upon market conditions, customer actions and other factors.

A summary of 2012 activity is shown below (in millions):


	Accrual as of		2012		Utilization						Accrual as of
	January 1, 2012		Charges		Cash			Non-cash			December 31, 2012
Employee termination benefits	$	56.8	$	45.4	$	(63.7	)	$	—		$	38.5
Asset impairments		—		6.0		—			(6.0	)		—
Contract termination costs		5.7		1.9		(1.9	)		—			5.7
Other related costs		—		1.8		(1.8	)		—			—

Total	$	62.5	$	55.1	$	(67.4	)	$	(6.0	)	$	44.2

In 2011, the Company recorded charges of $68.2 million in connection with its restructuring actions. These charges consist of $64.3 million recorded as cost of sales, $4.5 million recorded as selling, general and administrative expenses and ($0.6) million recorded as other expense, net. The restructuring charges consist of employee termination benefits of $44.5 million, asset impairment charges of $1.0 million and contract termination costs of $19.6 million, as well as other related costs of $3.1 million. Employee termination benefits were recorded based on existing union and employee contracts, statutory requirements, completed negotiations and Company policy. 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. Contract termination costs include pension benefit plan settlement charges of $17.1 million and other various costs of $2.5 million.

A summary of 2011 activity, excluding pension benefit plan settlement charges of $17.1 million, is shown below (in millions):


	Accrual as of		2011		Utilization						Accrual as of
	January 1, 2011		Charges		Cash			Non-cash			December 31, 2011
Employee termination benefits	$	38.4	$	44.5	$	(26.1	)	$	—		$	56.8
Asset impairments		—		1.0		—			(1.0	)		—
Contract termination costs		3.7		2.5		(0.5	)		—			5.7
Other related costs		—		3.1		(3.1	)		—			—

Total	$	42.1	$	51.1	$	(29.7	)	$	(1.0	)	$	62.5

In 2010, the Company recorded charges of $63.9 million in connection with its restructuring actions. These charges consist of $56.9 million recorded as cost of sales and $7.0 million recorded as selling, general and administrative expenses. The restructuring charges consist of employee termination benefits of $51.0 million, fixed asset impairment charges of $3.6 million and contract termination costs of $3.4 million, as well as other related costs of $5.9 million. Employee termination benefits were recorded based on existing union and employee contracts, statutory requirements, completed negotiations and Company policy. Asset impairment charges relate to the disposal of buildings, leasehold improvements and machinery and equipment with carrying values of $3.6 million in excess of related estimated fair values. Contract termination costs include pension benefit plan curtailment charges of $3.0 million and other various costs of $0.4 million.

A summary of 2010 activity, excluding pension benefit plan curtailment charges of $3.0 million, is shown below (in millions):


	Accrual as of		2010		Utilization						Accrual as of
	January 1, 2010		Charges		Cash			Non-cash			December 31, 2010
Employee termination benefits	$	79.8	$	51.0	$	(92.4	)	$	—		$	38.4
Asset impairments		—		3.6		—			(3.6	)		—
Contract termination costs		3.3		0.4		—			—			3.7
Other related costs		—		5.9		(5.9	)		—			—

Total	$	83.1	$	60.9	$	(98.3	)	$	(3.6	)	$	42.1

- Definition

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.

+ References + Details

Investments in Affiliates and Other Related Party Transactions

12 Months Ended

Dec. 31, 2012

Investments in Affiliates and Other Related Party Transactions

(5) Investments in Affiliates and Other Related Party Transactions

The Company’s beneficial ownership in affiliates accounted for under the equity method is shown below:


December 31,	2012			2011			2010
Shanghai Lear STEC Automotive Parts Co., Ltd. (China)		55	%		55	%		55	%
Beijing BAI Lear Automotive Systems Co., Ltd. (China)		50			50			50
Beijing Lear Automotive Electronics and Electrical Products Co., Ltd. (China)		50			50			50
Dong Kwang Lear Yuhan Hoesa (Korea)		50			50			50
Industrias Cousin Freres, S.L. (Spain)		50			50			50
Jiangxi Jiangling Lear Interior Systems Co., Ltd. (China)		50			50			50
Lear Dongfeng Automotive Seating Co., Ltd. (China)		50			50			50
Changchun Lear FAW Sihuan Automotive Electrical and Electronics Co., Ltd. (China)		49			49			49
Changchun Lear FAW Sihuan Automotive Seat Systems Co., Ltd. (China)		49			49			—
Honduras Electrical Distribution Systems S. de R.L. de C.V. (Honduras)		49			49			49
Kyungshin-Lear Sales and Engineering LLC		49			49			49
Tacle Seating USA, LLC		49			49			49
Beijing Lear Dymos Automotive Systems Co., Ltd. (China)		40			40			40
Dymos Lear Automotive India Private Limited (India)		35			35			35
International Automotive Components Group North America, LLC		23			23			23
TS Lear Automotive Sdn Bhd. (Malaysia)		—			—			46

Summarized group financial information for affiliates accounted for under the equity method as of December 31, 2012 and 2011, and for the years ended December 31, 2012, 2011 and 2010, is shown below (unaudited; in millions):


December 31,	2012		2011
Balance sheet data:
Current assets	$	1,729.8	$	1,561.6
Non-current assets		875.3		1,004.9
Current liabilities		1,395.0		1,303.9
Non-current liabilities		703.9		649.9


For the year ended December 31,	2012			2011		2010
Income statement data:
Net sales	$	6,240.5		$	5,754.5	$	4,933.7
Gross profit		452.6			466.6		400.3
Income (loss) before provision for income taxes		(109.0	)		91.5		171.9
Net income (loss) attributable to affiliates		(76.1	)		56.7		146.2

As of December 31, 2012 and 2011, the Company’s aggregate investment in affiliates was $177.8 million and $148.2 million, respectively. In addition, the Company had receivables due from affiliates, including notes and advances, of $45.4 million and $38.9 million and payables due to affiliates of $22.7 million and $23.4 million as of December 31, 2012 and 2011, respectively.

A summary of transactions with affiliates and other related parties is shown below (in millions):


For the year ended December 31,	2012		2011		2010
Sales to affiliates	$	93.1	$	96.2	$	81.0
Purchases from affiliates		141.9		134.0		134.9
Management and other fees for services provided to affiliates		23.0		13.8		11.1
Dividends received from affiliates		14.4		43.6		7.4

The Company’s investment in Shanghai Lear STEC Automotive Parts Co., Ltd. is accounted for under the equity method as the result of certain approval rights granted to the minority shareholders.

The Company guarantees 49% of certain of the debt of Tacle Seating USA, LLC. As of December 31, 2012, the aggregate amount of debt guaranteed was $0.5 million.

2011

In March 2011, the Company acquired an additional 44% of TS Lear Automotive Sdn Bhd., an affiliate previously accounted for under the equity method, thereby increasing its ownership interest to 90%. The acquisition was accounted for as a purchase, and the assets purchased and liabilities assumed are reflected in the consolidated balance sheet as of December 31, 2011. Also in 2011, the Company established Changchun Lear FAW Sihuan Automotive Seat Systems Co., Ltd., a joint venture with Changchun FAW Sihuan Group Corporation and Jilin Shouxin Industry Group Stock Company Limited, to manufacture and supply automotive seat assembly systems in China.

2010

In December 2010, two of the Company’s affiliates accounted for under the equity method, International Automotive Components Group North America, LLC (“IAC North America”) and International Automotive Components Group, LLC (“IAC Europe”), and a third entity, International Automotive Components Group Japan, LLC, entered into a combination agreement whereby each of the entities was combined into IAC North America as the surviving entity. After giving effect to the combination, the Company’s ownership interest in IAC North America increased to 22.88% from 18.75%, in exchange for its 30% ownership interest in IAC Europe. There was no adjustment to the carrying value of the Company’s combined investment in IAC North America and IAC Europe as of the date of the combination. The Company’s investment in IAC North America was accounted for under the equity method in prior periods due to the Company’s ability to exert significant influence over the venture.

In June 2010, the Company divested its ownership interest in Furukawa Lear Corporation for $2.1 million and recognized a gain of $1.8 million on the transaction, which is reflected in other expense, net in the accompanying consolidated statement of income for the year ended December 31, 2010. Also in 2010, the Company established Changchun Lear FAW Sihuan Automotive Electrical and Electronics Co., Ltd., a joint venture with Changchun FAW Sihuan Group Corporation and Changchun ZhiXin LiHe Trade Co., Ltd., to manufacture and supply electrical and electronic automotive products in China.

In addition, the name of Hanil Lear India Private Limited was changed to Dymos Lear Automotive India Private Limited, and UPM S.r.L. was liquidated and dissolved.

Subsequent Event

In February 2013, the Company entered into an agreement to sell its equity investment in International Automotive Components Group North America, LLC for approximately $50 million. The transaction is expected to close in the first half of 2013, and the Company does not expect to recognize a significant gain or loss related to this transaction.

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

+ References + Details

Short-Term Borrowings

12 Months Ended

Dec. 31, 2012

Short-Term Borrowings

(6) Short-Term Borrowings

The Company utilizes uncommitted lines of credit as needed for its short-term working capital fluctuations. As of December 31, 2012 and 2011, the Company had lines of credit from banks totaling $6.1 million and $6.3 million, respectively, of which no amounts were outstanding and all of which were unused and available, subject to certain restrictions imposed by the Company’s senior notes and credit agreement (Note 7, “Long-Term Debt”).

Long-Term Debt

12 Months Ended

Dec. 31, 2012

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):


December 31,	2012					2011
Debt Instrument	Long-Term Debt		Weighted Average Interest Rate			Long-Term Debt		Weighted Average Interest Rate
7.875% Senior Notes due 2018	$	313.4		8.00	%	$	347.9		8.00	%
8.125% Senior Notes due 2020		312.9		8.25	%		347.5		8.25	%

Long-term debt	$	626.3				$	695.4

Senior Notes

As of December 31, 2012, the Company’s long-term debt consisted of $315 million in aggregate principal amount of senior unsecured notes due 2018 at a stated coupon rate of 7.875% (the “2018 Notes”) and $315 million in aggregate principal amount of senior unsecured notes due 2020 at 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%. These Notes were issued on March 26, 2010, and the net proceeds from issuance, 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 (described below).

On August 24, 2012, the Company redeemed 10% of the original aggregate principal amount of each of the 2018 Notes and the 2020 Notes at a redemption price equal to 103% of the aggregate principal amount redeemed, plus accrued and unpaid interest. In connection with this transaction, the Company paid $72.1 million and recognized a loss of $3.7 million on the partial extinguishment of debt.

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

The Company may redeem all or part of the Notes, at its option, at any time on or after March 15, 2014, in the case of the 2018 Notes, and March 15, 2015, in the case of the 2020 Notes, at the redemption prices set forth below, plus accrued and unpaid interest to the redemption date.


Twelve-Month Period Commencing March 15,	2018 Notes			2020 Notes
2014		103.938	%		N/A
2015		101.969	%		104.063	%
2016		100.0	%		102.708	%
2017		100.0	%		101.354	%
2018 and thereafter		100.0	%		100.0	%

Prior to March 15, 2013, the Company may redeem up to 35% of the original aggregate principal amount of the 2018 Notes and the 2020 Notes at a price equal to 107.875% and 108.125%, respectively, of the principal amount thereof, plus accrued and unpaid interest to the redemption date, with the net cash proceeds of one or more equity offerings, provided that at least 65% of the original aggregate principal amount of each series of Notes remains outstanding after the redemption. The Company may also redeem all or part of the Notes at any time prior to March 15, 2014, in the case of the 2018 Notes, and March 15, 2015, in the case of the 2020 Notes, at a price equal to 100% of the principal amount thereof, plus accrued and unpaid interest to the redemption date and a “make-whole” premium. In addition, the Company may redeem up to 10% of the original aggregate principal amount of each series of Notes during any 12-month period prior to March 15, 2014, in the case of the 2018 Notes, and March 15, 2015, in the case of the 2020 Notes, at a price equal to 103% of the principal amount thereof, plus accrued and unpaid interest to the redemption date.

Subject to certain limitations, in the event of a change of control of the Company, the Company will be required to make an offer to purchase the Notes at a purchase price equal to 101% of the principal amount of the Notes, plus accrued and unpaid interest to the date of purchase.

The Notes are senior unsecured obligations. The Company’s obligations under the Notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by certain 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 December 31, 2012, the Company was in compliance with all covenants under the indenture governing the Notes.

For further information, see “— Subsequent Events” below.

Revolving Credit Facility

As of December 31, 2012, the Company’s amended and restated senior secured credit agreement provided for a $500 million revolving credit facility. The revolving credit facility permits borrowings for general corporate and working capital purposes and the issuance of letters of credit. The commitments under the revolving credit facility expire on June 17, 2016. As of December 31, 2012, there were no borrowings outstanding under the revolving credit facility. In 2011, the Company entered into its amended and restated senior secured credit agreement and paid related debt issuance costs of $4.8 million.

Advances under the revolving credit facility generally bear interest at a variable rate per annum equal to (i) the Eurocurrency Rate (as defined) plus an adjustable margin of 1.375% to 3.0% based on the Company’s corporate rating (2.25% as of December 31, 2012), 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) plus an adjustable margin of 0.375% to 2.0% based on the Company’s corporate rating (1.25% as of December 31, 2012), 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.

The Company’s 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 the Company and its domestic subsidiaries, as well as 100% of the stock of the Company’s domestic subsidiaries and 65% of the stock of certain of the Company’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 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 December 31, 2012, the Company was in compliance with all covenants under the agreement governing the amended and restated credit agreement.

For further information, see “— Subsequent Events” below.

First and Second Lien Credit Agreements

In connection with the Company’s emergence from Chapter 11 bankruptcy proceedings, the Company entered into a first lien credit agreement and a second lien credit agreement with certain financial institutions party thereto and JPMorgan Chase Bank, N.A., as administrative agent, in the fourth quarter of 2009. Prior to the term loan repayment discussed above, the Company had $375.0 million and $550.0 million of term loans outstanding under the first lien credit agreement and the second lien credit agreement, respectively.

As discussed above, the Company used the net proceeds from the issuance of the Notes, together with its 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, in 2010, the Company recognized a loss on the extinguishment of debt of $11.8 million, resulting from the write-off of unamortized debt issuance costs, and paid debt issuance costs of $17.6 million. 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 in the accompanying consolidated statement of income for the year ended December 31, 2010. See Note 2, “Summary of Significant Accounting Policies.”

Scheduled Maturities

As of December 31, 2012, there are no scheduled maturities of long-term debt in the next five years.

Subsequent Events

2023 Notes

On January 17, 2013, the Company issued $500 million in aggregate principal amount of senior unsecured notes due 2023 at a stated coupon rate of 4.75% (the “2023 Notes”). The 2023 Notes were offered and sold in a private transaction to qualified institutional buyers under Rule 144A and outside of the United States pursuant to Regulation S of the Securities Act of 1933, as amended (the “Securities Act”), have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. The net proceeds from the offering of $493.4 million, together with the Company’s existing sources of liquidity, will be used for general corporate purposes, including, without limitation, the redemption of $70 million in aggregate principal amount of the 2018 Notes and the 2020 Notes during 2013 (see “— 2018 Notes and 2020 Notes” below), investments in additional component capabilities and emerging markets and share repurchases under the Company’s common stock share repurchase program (see Note 10, “Capital Stock and Equity).

The 2023 Notes are senior unsecured obligations of the Company, are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by certain domestic subsidiaries, which are directly or indirectly 100% owned by Lear and will mature on January 15, 2023. Interest is payable on January 15 and July 15 of each year, beginning on July 15, 2013.

The Company may redeem the 2023 Notes, in whole or in part, on or after January 15, 2018, at the redemption prices set forth below, plus accrued and unpaid interest to the redemption date.


Twelve-Month Period Commencing January 15,	2023 Notes
2018		102.375	%
2019		101.583	%
2020		100.792	%
2021 and thereafter		100.0	%

Prior to January 15, 2016, the Company may redeem up to 35% of the aggregate principal amount of the 2023 Notes, in an amount not to exceed the amount of net cash proceeds of one or more equity offerings, at a redemption price equal to 104.75% of the aggregate principal amount thereof, plus accrued and unpaid interest to the redemption date, provided that at least 65% of the original aggregate principal amount of the 2023 Notes remains outstanding after the redemption and any such redemption is made within 90 days after the closing of such equity offering. Prior to January 15, 2018, the Company may redeem the 2023 Notes, in whole or in part, at a redemption price equal to 100% of the aggregate principal amount thereof, plus a “make-whole” premium as of, and accrued and unpaid interest to, the redemption date.

Subject to certain exceptions, the indenture governing the 2023 Notes contains restrictive covenants that, among other things, limit the ability of the Company to: (i) create or permit liens, (ii) enter into sale and leaseback transactions and (iii) consolidate or merge or sell all or substantially all of the Company’s assets. The indenture governing the 2023 Notes also provides for customary events of default.

Amended and Restated Revolving Credit Facility

On January 30, 2013, the Company amended and restated its revolving credit facility to, among other things, increase the borrowing capacity from $500 million to $1.0 billion, extend the maturity date to January 2018 and reduce interest rates payable on outstanding borrowings under the facility.

2018 Notes and 2020 Notes

On February 8, 2013, the Company elected to redeem 10% of the original aggregate principal amount of each of the 2018 Notes and the 2020 Notes at a redemption price equal to 103% of the principal amount redeemed, plus accrued and unpaid interest to March 26, 2013, the redemption date. In connection with this transaction, the Company expects to pay $72 million and recognize a loss of approximately $4 million on the partial extinguishment of debt in the first quarter of 2013.

Income Taxes

12 Months Ended

Dec. 31, 2012

Income Taxes

(8) Income Taxes

A summary of consolidated income before provision (benefit) for income taxes and equity in net income of affiliates and the components of provision (benefit) for income taxes is shown below (in millions):


For the year ended December 31,	2012			2011			2010
Consolidated income before provision (benefit) for income taxes and equity in net income of affiliates:
Domestic	$	289.3		$	257.4		$	195.8
Foreign		359.6			358.3			253.0

	$	648.9		$	615.7		$	448.8

Domestic provision (benefit) for income taxes:
Current provision (benefit)	$	(4.1	)	$	17.6		$	15.5
Deferred provision (benefit)		(720.8	)		4.6			2.6

Total domestic provision (benefit)		(724.9	)		22.2			18.1

Foreign provision for income taxes:
Current provision		59.8			100.6			17.0
Deferred provision (benefit)		27.1			(54.0	)		(10.5	)

Total foreign provision		86.9			46.6			6.5

Provision (benefit) for income taxes	$	(638.0	)	$	68.8		$	24.6

The domestic provision (benefit) includes withholding taxes related to dividends and royalties paid by the Company’s foreign subsidiaries, as well as state and local taxes. In 2012, the domestic benefit includes a tax benefit of $24.2 million related to certain transfer pricing items that are now recognized as a result of the release of the Company’s U.S. valuation allowance. The domestic deferred provision (benefit) includes the benefit of prior unrecognized net operating loss carryforwards of $104.8 million and $87.8 million for the years ended December 31, 2012 and 2011, respectively. The foreign deferred provision (benefit) includes the benefit of prior unrecognized net operating loss carryforwards of $4.6 million and $14.8 million for the years ended December 31, 2012 and 2011, respectively.

A summary of the differences between the provision (benefit) for income taxes calculated at the United States federal statutory income tax rate of 35% and the consolidated provision (benefit) for income taxes is shown below (in millions):


For the year ended December 31,	2012			2011			2010
Consolidated income before provision (benefit) for income taxes and equity in net income of affiliates multiplied by the United States federal statutory income tax rate	$	227.1		$	215.5		$	157.1
Differences in income taxes on foreign earnings, losses and remittances		(15.5	)		(37.4	)		(35.4	)
Valuation allowance adjustments		(764.5	)		(60.8	)		(56.2	)
Tax credits		(43.5	)		(30.7	)		(19.1	)
Tax audits and assessments		(48.7	)		17.6			(30.8	)
Increase in tax loss carryforwards ⁽¹⁾		—			(22.4	)		(268.1	)
Increase in valuation allowance related to tax loss carryforwards ⁽¹⁾		—			22.4			268.1
Other		7.1			(35.4	)		9.0

Provision (benefit) for income taxes	$	(638.0	)	$	68.8		$	24.6

(1)

Represents the increase in tax loss carryforwards resulting from the final determination of the Company’s reorganization value for U.S. tax purposes, an international restructuring transaction and other matters, all of which are subject to a full valuation allowance as it is not more likely than not that the deferred tax assets will be realized.

Internal Revenue Code of 1986, as amended (“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 the years ended December 31, 2012, 2011 and 2010, income in foreign jurisdictions with tax holidays was $99.2 million, $115.8 million and $164.4 million, respectively. Such tax holidays generally expire from 2013 through 2017.

Deferred income taxes represent temporary differences in the recognition of certain items for financial reporting and income tax purposes. A summary of the components of the net deferred income tax asset is shown below (in millions):


December 31,	2012			2011
Deferred income tax assets:
Tax loss carryforwards	$	708.3		$	806.9
Tax credit carryforwards		412.8			334.8
Retirement benefit plans		156.6			145.8
Accrued liabilities		115.8			106.4
Self-insurance reserves		11.3			10.4
Current asset basis differences		30.3			32.6
Long-term asset basis differences		(18.0	)		50.4
Deferred compensation		33.7			28.1
Recoverable customer engineering, development and tooling		(11.4	)		(5.7	)
Undistributed earnings of foreign subsidiaries		(53.8	)		(45.3	)
Derivative instruments and hedging		(7.0	)		1.8
Other		(0.7	)		0.4

		1,377.9			1,466.6
Valuation allowance		(628.2	)		(1,397.3	)

Net deferred income tax asset	$	749.7		$	69.3

As of December 31, 2012 and 2011, the valuation allowance with respect to the Company’s deferred tax assets was $628.2 million and $1,397.3 million, respectively, a net decrease of $769.1 million.

The Company evaluates the realizability of its deferred tax assets on a quarterly basis. In completing this evaluation, the Company considers all available evidence in order to determine whether, based on the weight of the evidence, a valuation allowance for its deferred tax assets is necessary. Such evidence includes historical results, future reversals of existing taxable temporary differences and expectations for future taxable income (exclusive of the reversal of temporary differences and carryforwards), as well as the implementation of feasible and prudent tax planning strategies. If, based on the weight of the evidence, it is more likely than not that all or a portion of the Company’s deferred tax assets will not be realized, a valuation allowance is recorded.

Concluding that a valuation allowance is not required is difficult when there is significant negative evidence, such as cumulative losses in recent years, which is objective and verifiable. When measuring cumulative losses in recent years, the Company uses a rolling three year period of pretax book income, adjusted for permanent differences between book and taxable income and certain other items. The Company was profitable in 2012 but remained in a cumulative loss position through the third quarter of 2012. As of December 31, 2012, the Company was no longer in a cumulative loss position. Based on three years of profitability in the United States, as well as a forecast of taxable income in the United States in 2013 and future years, management concluded that it was more likely than not that its net deferred tax assets would be realized. As a result, substantially all of the valuation allowance that had been provided with respect to the net deferred tax assets in the United States was reversed in the fourth quarter of 2012. As of December 31, 2012, the Company continues to maintain a valuation allowance of $41.0 million with respect to certain U.S. deferred tax assets that, due to their nature, are not likely to be realized. In addition, the Company continues to maintain a valuation allowance of $587.2 million with respect to its deferred tax assets in several international jurisdictions.

The classification of the net deferred income tax asset is shown below (in millions):


December 31,	2012			2011
Deferred income tax assets:
Current	$	166.0		$	57.8
Long-term		675.6			114.6
Deferred income tax liabilities:
Current		(19.1	)		(14.3	)
Long-term		(72.8	)		(88.8	)

Net deferred income tax asset	$	749.7		$	69.3

Deferred income taxes have not been provided on $707.1 million of certain undistributed earnings of the Company’s foreign subsidiaries as such amounts are considered to be permanently reinvested. It is not practicable to determine the unrecognized deferred tax liability on these earnings because the actual tax liability on these earnings, if any, is dependent on circumstances existing when remittance occurs.

As of December 31, 2012, the Company had tax loss carryforwards of $2.4 billion. Of the total tax loss carryforwards, $1.6 billion has no expiration date, and $800.0 million expires between 2013 and 2032. In addition, the Company had tax credit carryforwards of $412.8 million comprised principally of U.S. foreign tax credits, research and development credits and investment tax credits that generally expire between 2013 and 2032. As of December 31, 2012, the deferred tax asset related to domestic net operating loss carryforwards is lower than the actual amount reported on the Company’s domestic tax returns by approximately $16.9 million. This difference is the result of tax deductions in excess of financial statement amounts for stock-based compensation. When these amounts are realized, the Company will record the tax benefit as an increase to additional paid in capital.

As of December 31, 2012 and 2011, the Company’s gross unrecognized tax benefits were $34.4 million and $49.4 million (excluding interest and penalties), respectively, all of which, if recognized, would affect the Company’s effective tax rate. The gross unrecognized tax benefits are recorded in other long-term liabilities, with the exception of $7.5 million and $17.8 million (excluding interest and penalties), which is recorded in accrued liabilities, in the accompanying consolidated balance sheets as of December 31, 2012 and 2011, respectively.

A summary of the changes in gross unrecognized tax benefits is shown below (in millions):


For the year ended December 31,	2012			2011			2010
Balance at beginning of period	$	49.4		$	36.2		$	63.8
Additions based on tax positions related to current year		5.2			13.8			0.3
Additions (reductions) based on tax positions related to prior years		(18.5	)		4.4			(1.2	)
Settlements		—			—			(4.4	)
Statute expirations		(1.8	)		(2.6	)		(21.7	)
Foreign currency translation		0.1			(2.4	)		(0.6	)

Balance at end of period	$	34.4		$	49.4		$	36.2

The Company recognizes interest and penalties with respect to unrecognized tax benefits as income tax expense. As of December 31, 2012 and 2011, the Company had recorded gross reserves of $6.2 million and $11.8 million (excluding federal benefit where applicable), respectively, related to interest and penalties, of which $4.4 million and $9.8 million, respectively, if recognized, would affect the Company’s effective tax rate. During the years ended December 31, 2012, 2011 and 2010, the Company recorded net tax (benefit) expense (including federal benefit where applicable) related to changes in its reserves for interest and penalties of ($4.1) million, $1.4 million and ($12.1) million, respectively.

The Company operates in multiple jurisdictions throughout the world, and its tax returns are periodically audited or subject to review by both domestic and foreign tax authorities. During the next twelve months, it is reasonably possible that, as a result of audit settlements, the conclusion of current examinations and the expiration of the statute of limitations in multiple jurisdictions, the Company may decrease the amount of its gross unrecognized tax benefits by approximately $7.5 million, of which $0.6 million, if recognized, would affect the Company’s effective tax rate. The gross unrecognized tax benefits subject to potential decrease involve issues related to transfer pricing and various other tax items in multiple jurisdictions. However, as a result of ongoing examinations, tax proceedings in certain countries, additions to the gross unrecognized tax benefits for positions taken and interest and penalties, if any, arising in 2013, it is not possible to estimate the potential net increase or decrease to the Company’s gross unrecognized tax benefits during the next twelve months.

The Company considers its significant tax jurisdictions to include Brazil, Canada, China, Germany, Hungary, Italy, Mexico, Poland, Spain and the United States. The Company or its subsidiaries remain subject to income tax examination in certain U.S. state and local jurisdictions for years after 2007; however, for any taxable year prior to 2009, such jurisdictions are generally limited to the amount of any tax claims they filed in the Bankruptcy Court by January 4, 2010. Further, the Company or its subsidiaries remain subject to income tax examination in Mexico for years after 2004, in Spain for years after 2005, in Brazil, Hungary and Poland for years after 2006, in Italy generally for years after 2007, in Canada and China for years after 2008, in Germany for years after 2009 and in the United States generally for years after 2011.

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 will reduce the tax deduction available to the Company to the extent of any Medicare Part D subsidy received. Although the Acts did not take effect until 2012, the Company is required to recognize the tax impact of the Acts beginning in the period in which the Acts were signed. As a result of the valuation allowance related to the Company’s net deferred tax assets in the United States, the Acts did not impact the Company’s 2011 or 2010 effective tax rate. In 2012, the impact on the effective tax rate was not significant.

In August 2010, the Education Jobs & Medicaid Assistance Act (“H.R. 1586”) was signed into law. H.R. 1586 contains a number of international tax revenue raising provisions, which were generally effective January 1, 2011. These provisions generally attempt to limit a taxpayer’s ability to fully claim foreign tax credits in several situations. The implementation of H.R. 1586 did not impact the Company’s 2012 or 2011 effective tax rate.

In December 2010, the Tax Relief, Unemployment Reauthorization, and Job Creation Act of 2010 (“H.R. 4853”) was enacted. In addition to the extension of the personal income tax rates and various other individual tax provisions, H.R. 4853 contains a number of business tax provisions, including the extension of certain expired provisions. H.R. 4853 extends the Research & Development Tax Credit (“R&D Credit”), which expired on December 31, 2009, retroactively for two years through December 31, 2011. The Company intends to claim the R&D Credit; however, as a result of the valuation allowance related to the Company’s net deferred tax assets in the United States, the R&D Credit did not impact the Company’s 2011 or 2010 effective tax rate. The R&D Credit is available to be carried forward for 20 years.

In January 2013, the American Taxpayer Relief Act of 2012 was enacted, which retroactively reinstated and extended various tax provisions applicable to the Company, including the R & D credit. In the first quarter of 2013, the Company will include a discrete tax benefit, which will reduce the Company’s effective tax rate for the quarter and to a lesser extent the annual effective tax rate.

- Definition

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.

+ References

+ Details

Pension and Other Postretirement Benefit Plans

12 Months Ended

Dec. 31, 2012

Pension and Other Postretirement Benefit Plans

(9) Pension and Other Postretirement Benefit Plans

The Company has noncontributory defined benefit pension plans covering certain domestic employees and certain employees in foreign countries, principally Canada. The Company’s salaried pension plans provide benefits based on final average earnings formulas. The Company’s hourly pension plans provide benefits under flat benefit and cash balance formulas. The Company also has contractual arrangements with certain employees which provide for supplemental retirement benefits. In general, the Company’s policy is to fund its pension benefit obligation based on legal requirements, tax and liquidity considerations and local practices.

The Company has postretirement benefit plans covering certain domestic and Canadian employees. The Company’s postretirement benefit plans generally provide for the continuation of medical benefits for all eligible employees who complete a specified number of years of service and retire from the Company at age 55 or older. The Company does not fund its postretirement benefit obligation. Rather, payments are made as costs are incurred by covered retirees.

Obligations and Funded Status

A reconciliation of the change in benefit obligation and the change in plan assets for the years ended December 31, 2012 and 2011, is shown below (in millions):


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Change in benefit obligation:
Benefit obligation at beginning of period	$	533.9		$	416.1		$	441.6		$	478.7		$	113.0		$	70.9		$	111.4		$	66.7
Acquisition and other		87.1			55.5			—			—			—			—			—			—
Service cost		3.2			9.6			2.9			6.6			0.5			1.0			0.4			1.1
Interest cost		25.4			21.0			23.4			24.3			4.4			3.2			5.4			3.8
Amendments		—			—			—			1.1			(3.2	)		(3.3	)		—			—
Actuarial (gain) loss		28.9			14.2			86.2			56.7			(6.9	)		1.5			1.2			2.9
Benefits paid		(22.2	)		(21.6	)		(20.2	)		(29.4	)		(5.8	)		(1.9	)		(5.4	)		(1.8	)
Settlements		—			—			—			(112.9	)		—			—			—			—
Special termination benefits		—			—			—			—			—			0.3			—			0.1
Translation adjustment		—			14.4			—			(9.0	)		—			2.1			—			(1.9	)

Benefit obligation at end of period	$	656.3		$	509.2		$	533.9		$	416.1		$	102.0		$	73.8		$	113.0		$	70.9


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Change in plan assets:
Fair value of plan assets at beginning of period	$	329.9		$	314.0		$	335.2		$	447.4		$	—		$	—		$	—		$	—
Acquisition and other		46.8			37.8			—			—			—			—			—			—
Actual return on plan assets		46.3			31.2			(7.7	)		(10.6	)		—			—			—			—
Employer contributions		16.8			18.0			22.6			26.9			5.8			1.9			5.4			1.8
Benefits paid		(22.2	)		(21.6	)		(20.2	)		(29.4	)		(5.8	)		(1.9	)		(5.4	)		(1.8	)
Settlements		—			—			—			(112.9	)		—			—			—			—
Translation adjustment		—			11.2			—			(7.4	)		—			—			—			—

Fair value of plan assets at end of period	$	417.6		$	390.6		$	329.9		$	314.0		$	—		$	—		$	—		$	—

Funded status	$	(238.7	)	$	(118.6	)	$	(204.0	)	$	(102.1	)	$	(102.0	)	$	(73.8	)	$	(113.0	)	$	(70.9	)


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Amounts recognized in the consolidated balance sheet:
Other long-term assets	$	—		$	7.2		$	—		$	5.2		$	—		$	—		$	—		$	—
Accrued liabilities		(1.7	)		(3.3	)		(4.1	)		(2.9	)		(6.8	)		(2.9	)		(7.7	)		(2.4	)
Other long-term liabilities		(237.0	)		(122.5	)		(199.9	)		(104.4	)		(95.2	)		(70.9	)		(105.3	)		(68.5	)

In the fourth quarter of 2011, the Company settled a foreign defined benefit pension obligation related to the closure of a foreign facility in 2008. The settlement transaction was subject to and in accordance with regulatory requirements and was accomplished through both the purchase of individual non-participating life annuity contracts and lump-sum payments made directly to plan participants by the plan’s trust. In conjunction with this settlement transaction, the Company recognized $17.1 million of settlement losses in 2011, as disclosed in Note 4, “Restructuring,” and in “ — Net Periodic Benefit Cost (Credit)” below.

As of December 31, 2012 and 2011, the accumulated benefit obligation for all of the Company’s pension plans was $1,151.7 million and $944.4 million, respectively. As of December 31, 2012 and 2011, the majority of the Company’s pension plans had accumulated benefit obligations in excess of plan assets. The projected benefit obligation, the accumulated benefit obligation and the fair value of plan assets of pension plans with accumulated benefit obligations in excess of plan assets were $1,109.6 million, $1,095.8 million and $745.1 million, respectively, as of December 31, 2012, and $916.7 million, $911.1 million and $605.3 million, respectively, as of December 31, 2011.

Comprehensive Income (Loss) and Accumulated Other Comprehensive Loss

Pretax amounts recognized in comprehensive income (loss) for the years ended December 31, 2012 and 2011, are shown below (in millions):


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Actuarial losses recognized:
Reclassification adjustments	$	4.5		$	5.8		$	(0.1	)	$	17.4		$	(1.8	)	$	0.3		$	0.3		$	0.1
Actuarial gain (loss) arising during the period		(11.0	)		(14.3	)		(120.2	)		(96.0	)		6.9			(1.5	)		(1.2	)		(2.9	)
Prior service (cost) credit recognized:
Reclassification adjustments		—			—			—			—			(3.2	)		(0.2	)		—			—
Prior service credit arising during the period		—			—			—			—			3.2			3.3			—			—
Translation adjustment		—			(3.1	)		—			0.9			—			(0.3	)		—			0.2

	$	(6.5	)	$	(11.6	)	$	(120.3	)	$	(77.7	)	$	5.1		$	1.6		$	(0.9	)	$	(2.6	)

In addition, the Company recognized tax benefits in comprehensive income (loss) related to its defined benefit plans of $2.8 million, $19.8 million and $11.6 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Pretax amounts recorded in accumulated other comprehensive loss not yet recognized in net periodic benefit cost as of December 31, 2012 and 2011, are shown below (in millions):


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Net unrecognized actuarial loss	$	(144.9	)	$	(121.5	)	$	(138.4	)	$	(109.9	)	$	(3.9	)	$	(11.0	)	$	(9.0	)	$	(9.5	)
Prior service credit		—			—			—			—			—			3.1			—			—

	$	(144.9	)	$	(121.5	)	$	(138.4	)	$	(109.9	)	$	(3.9	)	$	(7.9	)	$	(9.0	)	$	(9.5	)

Pretax amounts recorded in accumulated other comprehensive loss as of December 31, 2012, that are expected to be recognized as components of net periodic benefit cost in the year ending December 31, 2013, are shown below (in millions):


	Pension						Other Postretirement
	U.S.			Foreign			U.S.		Foreign
Net unrecognized actuarial gain (loss)	$	(4.1	)	$	(6.5	)	$	0.1	$	(0.3	)
Prior service credit		—			—			—		0.4

	$	(4.1	)	$	(6.5	)	$	0.1	$	0.1

Net Periodic Benefit Cost

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


	Year Ended December 31,
Pension	2012						2011						2010
	U.S.			Foreign			U.S			Foreign			U.S.			Foreign
Service cost	$	3.2		$	9.6		$	2.9		$	6.6		$	3.2		$	4.7
Interest cost		25.4			21.0			23.4			24.3			23.1			23.7
Expected return on plan assets		(28.4	)		(23.1	)		(26.2	)		(30.3	)		(23.5	)		(27.4	)
Amortization of actuarial loss		3.9			5.8			—			0.3			—			—
Settlement (gain) loss		0.6			—			(0.1	)		17.1			(0.1	)		—
Curtailment loss, net		—			—			—			—			—			3.5

Net periodic benefit cost	$	4.7		$	13.3		$	—		$	18.0		$	2.7		$	4.5

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


	Year Ended December 31,
Other Postretirement	2012						2011				2010
	U.S.			Foreign			U.S		Foreign		U.S.		Foreign
Service cost	$	0.5		$	1.0		$	0.4	$	1.1	$	0.5	$	0.8
Interest cost		4.4			3.2			5.4		3.8		5.5		3.6
Amortization of actuarial loss		0.3			0.3			0.3		0.1		—		—
Amortization of prior service credit		—			(0.2	)		—		—		—		—
Special termination benefits		—			0.4			—		0.1		—		0.1
Settlement gain		(5.4	)		—			—		—		—		—

Net periodic benefit cost (credit)	$	(0.2	)	$	4.7		$	6.1	$	5.1	$	6.0	$	4.5

For the years ended December 31, 2011 and 2010, the Company recognized net pension and other postretirement benefit curtailment and other losses of $17.1 million and $3.0 million, respectively, related to its restructuring actions.

Assumptions

The weighted average actuarial assumptions used in determining the benefit obligations are shown below:


	Pension						Other Postretirement
December 31,	2012			2011			2012			2011
Discount rate:
Domestic plans		4.1	%		4.5	%		3.7	%		4.0	%
Foreign plans		4.3	%		4.6	%		4.4	%		4.5	%
Rate of compensation increase:
Foreign plans		4.2	%		3.6	%		N/A			N/A

The weighted average actuarial assumptions used in determining the net periodic benefit cost are shown below:

For the year ended December 31,	2012			2011			2010
Pension
Discount rate:
Domestic plans		4.5	%		5.5	%		6.0	%
Foreign plans		4.8	%		5.2	%		5.9	%
Expected return on plan assets:
Domestic plans		8.0	%		8.0	%		8.0	%
Foreign plans		6.7	%		6.9	%		6.9	%
Rate of compensation increase:
Foreign plans		5.2	%		3.6	%		3.7	%
Other postretirement
Discount rate:
Domestic plans		4.0	%		5.0	%		5.5	%
Foreign plans		4.5	%		5.6	%		6.6	%

The expected return on plan assets is determined based on several factors, including adjusted historical returns, historical risk premiums for various asset classes and target asset allocations within the portfolio. Adjustments made to the historical returns are based on recent return experience in the equity and fixed income markets and the belief that deviations from historical returns are likely over the relevant investment horizon.

Assumed healthcare cost trend rates have a significant effect on the amounts reported for the postretirement benefit plans. A 1% increase in the assumed rate of healthcare cost increases each year would increase the postretirement benefit obligation by $25.4 million as of December 31, 2012, and increase the net periodic postretirement benefit cost by $1.4 million for the year then ended. A 1% decrease in the assumed rate of healthcare cost increases each year would decrease the postretirement benefit obligation by $20.5 million as of December 31, 2012, and decrease the net periodic postretirement benefit cost by $1.2 million for the year then ended.

For the measurement of postretirement benefit obligation as of December 31, 2012, domestic healthcare costs were assumed to increase 8% in 2013, grading down over time to 4.5% in 2020. Foreign healthcare costs were assumed to increase 6% in 2013, grading down over time to 4.5% in 2031 on a weighted average basis.

Plan Assets

With the exception of alternative investments, plan assets are valued at fair value using a market approach and observable inputs, such as quoted market prices in active markets (Level 1 and Level 2 inputs based on the GAAP fair value hierarchy). Alternative investments are valued at fair value based on net asset per share or unit provided for each investment fund (Level 2 input based on the GAAP fair value hierarchy). For further information on the GAAP fair value hierarchy, see Note 14, “Financial Instruments.”

The Company’s pension plan assets by asset category are shown below (in millions). Pension plan assets for the foreign plans relate to the Company’s pension plans in Canada and the United Kingdom.


December 31,	2012		2011
Equity securities:
Domestic plans	$	245.2	$	196.1
Foreign plans		215.9		157.7
Debt securities:
Domestic plans		118.4		82.6
Foreign plans		136.4		113.8
Alternative investments:
Domestic plans		45.1		43.5
Foreign plans		28.1		30.7
Cash and other:
Domestic plans		8.9		7.7
Foreign plans		10.2		11.8

The Company’s investment policies incorporate an asset allocation strategy that emphasizes the long-term growth of capital. The Company believes that this strategy is consistent with the long-term nature of plan liabilities and ultimate cash needs of the plans. For the domestic portfolio, the Company targets an equity allocation of 50% - 75% of plan assets, a fixed income allocation of 15% - 40%, an alternative investment allocation of 0% - 30% and a cash allocation of 0% - 10%. For the foreign portfolio, the Company targets an equity allocation of 45% - 65% of plan assets, a fixed income allocation of 30% - 40%, an alternative investment allocation of 0% - 20% and a cash allocation of 0% - 10%. Differences in the target allocations of the domestic and foreign portfolios are reflective of differences in the underlying plan liabilities. Diversification within the investment portfolios is pursued by asset class and investment management style. The investment portfolios are reviewed on a quarterly basis to maintain the desired asset allocations, given the market performance of the asset classes and investment management styles.

The Company utilizes investment management firms to manage these assets in accordance with the Company’s investment policies. Excluding alternative investments, mutual funds and ETF funds, retained investment managers are provided investment guidelines that indicate prohibited assets, which include commodities contracts, futures contracts, options, venture capital, real estate, interest-only or principal-only strips and investments in the Company’s own debt or equity. Derivative instruments are also prohibited without the specific approval of the Company. Investment managers are limited in the maximum size of individual security holdings and the maximum exposure to any one industry relative to the total portfolio. Fixed income managers are provided further investment guidelines that indicate minimum credit ratings for debt securities and limitations on weighted average maturity and portfolio duration.

The Company evaluates investment manager performance against market indices which the Company believes are appropriate to the investment management style for which the investment manager has been retained. The Company’s investment policies incorporate an investment goal of aggregate portfolio returns which exceed the returns of the appropriate market indices by a reasonable spread over the relevant investment horizon.

Contributions

The Company expects contributions to its domestic and foreign pension plans to be approximately $20 to $25 million in 2013. 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. The Company’s minimum funding requirements after 2013 will depend on several factors, including investment performance and interest rates. The Company’s minimum funding requirements may also be affected by changes in applicable legal requirements.

Benefit Payments

As of December 31, 2012, the Company’s estimate of expected benefit payments, excluding expected settlements relating to its restructuring actions, in each of the five succeeding years and in the aggregate for the five years thereafter are shown below (in millions):


	Pension				Other Postretirement
Year	U.S.		Foreign		U.S.		Foreign
2013	$	19.9	$	20.0	$	6.8	$	2.9
2014		21.0		19.9		6.9		2.4
2015		22.7		20.2		7.0		2.5
2016		23.9		20.4		7.1		2.6
2017		25.4		21.2		7.0		2.8
Five years thereafter		145.9		123.5		33.7		16.5

Multi-Employer Pension Plans

The Company currently participates in two multi-employer pension plans, the U.A.W. Labor-Management Group Pension Plan and UNITE Here National Retirement Fund, for certain of its employees. Contributions to these plans are based on three collective bargaining agreements. Two of the agreements expire on June 30, 2015, and one expires on April 24, 2015. Detailed information related to these plans is shown below:

Pension Protection Act

Contributions to Multiemployer Pension Plan

Zone Status

Employer Identification Number

December 31,
2012
Certification

December 31,
2011
Certification

FIP/RP
Pending or
Implemented

Surcharge

Year Ended
December 31,
2012

Year Ended
December 31,
2011

Year Ended
December 31,
2010

516099782-001

Unavailable

⁽¹⁾

Green

0.5

⁽³⁾

0.9

13-6130178

Unavailable

⁽²⁾

Red

Yes

0.1

—

(1)	As of December 31, 2011, the date of the most recent plan financial statements provided, total plan assets exceeded the plan accumulated benefit obligation.

(2)	As of December 31, 2011, the date of the most recent plan financial statements provided, total plan assets were less than 65% of the plan accumulated benefit obligation.

(3)	Contributions made by the Company represent more than 5% of total contributions.

Defined Contribution Plan

The Company also sponsors defined contribution plans and participates in government-sponsored programs in certain foreign countries. Contributions are determined as a percentage of each covered employee’s salary. For the years ended December 31, 2012, 2011 and 2010, the aggregate cost of the defined contribution pension plans was $7.6 million, $7.4 million and $7.5 million, respectively.

The Company also has a defined contribution retirement program for its salaried employees. Contributions to this program are determined as a percentage of each covered employee’s eligible compensation. For the years ended December 31, 2012, 2011 and 2010, the Company recorded expense of $13.4 million, $14.8 million and $16.0 million, respectively, related to this program.

Legislation

The Acts described in Note 8, “Income Taxes,” contain provisions which impact the Company’s accounting for retiree medical benefits. The impact of these provisions was not significant and has been included in the determination of the Company’s other postretirement benefit plan obligations and equity. The Company will continue to assess the provisions of the Acts and may consider plan amendments to respond to the provisions of the Acts.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: 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 3: 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 4: 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 5: 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 6: 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 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 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 9: 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 10: 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 11: 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 12: 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 13: 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 14: 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.

+ Details

Capital Stock and Equity

12 Months Ended

Dec. 31, 2012

Capital Stock and Equity

(10) Capital Stock and Equity

Common Stock

The Company is authorized to issue up to 300,000,000 shares of Common Stock. The Company’s Common Stock is listed on the New York Stock Exchange under the symbol “LEA” and has the following rights and privileges:

•

Voting Rights — All shares of the Company’s common stock have identical rights and privileges. With limited exceptions, holders of common stock are entitled to one vote for each outstanding share of common stock held of record by each stockholder on all matters properly submitted for the vote of the Company’s stockholders.

•

Dividend Rights — Subject to applicable law, any contractual restrictions and the rights of the holders of outstanding preferred stock, if any, holders of common stock are entitled to receive ratably such dividends and other distributions that the Company’s Board of Directors, in its discretion, declares from time to time.

•

Liquidation Rights — Upon the dissolution, liquidation or winding up of the Company, subject to the rights of the holders of outstanding preferred stock, if any, holders of common stock are entitled to receive ratably the assets of the Company available for distribution to the Company’s stockholders in proportion to the number of shares of common stock held by each stockholder.

•

Conversion, Redemption and Preemptive Rights — Holders of common stock have no conversion, redemption, sinking fund, preemptive, subscription or similar rights.

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 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 as a result of the stock split. Except as otherwise expressly stated, all issued common stock shares and per share amounts presented in the accompanying consolidated financial statements have been retroactively adjusted to reflect the stock split for all periods presented.

Common Stock Share Repurchase Program

In January 2013, the Company’s Board of Directors authorized an increase to the Company’s existing common stock share repurchase program, which permits the discretionary repurchase of the Company’s common stock, to provide for aggregate repurchases of $1.5 billion and extended the term of the program to January 10, 2016. As a result, the Company has an available repurchase authorization of approximately $998 million, including approximately $198 million of unused capacity from its prior authorization. In February 2013, the Company’s Board of Directors authorized an acceleration of the pace of the Company’s common stock share repurchase program to $600 million during 2013. With the increased pace of share repurchases, the Company anticipates that the current common stock share repurchase program will be completed no later than 2014.

Under this program, the Company may implement its share repurchases through a variety of methods, including open market purchases, accelerated stock repurchase programs and structured repurchase transactions. Through December 31, 2012, the Company had repurchased, in aggregate, 11,539,872 shares of its outstanding common stock at an average purchase price of $43.50 per share, excluding commissions. In 2012, the Company repurchased 5,357,443 shares of its outstanding common stock at an average purchase price of $41.59 per share, excluding commissions, for an aggregate purchase price of $222.8 million. In 2011, the Company repurchased 6,182,429 shares of its outstanding common stock at an average purchase price of $45.15 per share, excluding commissions, for an aggregate purchase price of $279.1 million. 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 the indenture 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 consolidated balance sheets as of December 31, 2012 and 2011.

Quarterly Dividend

On February 7, 2013, the Company’s Board of Directors declared a quarterly cash dividend of $0.17 per share of common stock, payable on March 20, 2013, to shareholders of record at the close of business on March 1, 2013.

In 2012 and 2011, the Company’s Board of Directors declared quarterly cash dividends of $0.14 and $0.125 per share of common stock, respectively. In 2012, declared dividends totaled $56.1 million, and dividends paid totaled $54.6 million. In 2011, declared dividends totaled $52.9 million, and dividends paid totaled $51.1 million. 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.

Preferred Stock

The Company is authorized to issue up to 100,000,000 shares of preferred stock, in one or more series, and to fix the designations, terms and relative rights and preferences, including the dividend rate, voting rights, conversion rights, redemption and sinking fund provisions and liquidation preferences of each of these series. The Company issued shares of Series A Preferred Stock, par value $0.01 per share and convertible on a two-for-one basis into shares of common stock, in connection with its emergence from Chapter 11 bankruptcy proceedings in 2009. On November 10, 2010, each remaining issued and outstanding share of Series A Preferred Stock converted on a two-for-one basis into 2,941,576 shares of newly issued common stock. Prior to this conversion, shares of Series A Preferred Stock were converted into 18,850,924 shares of newly issued common stock. As of December 31, 2012 and 2011, the Company did not have any shares of Series A Preferred Stock outstanding.

Warrants

The Company issued 8,157,249 warrants in connection with its emergence from Chapter 11 bankruptcy proceedings. As of December 31, 2012 and 2011, there were 377,091 and 396,102 warrants outstanding, respectively, exercisable into 754,182 and 792,204 shares of common stock (after giving effect to the two-for-one stock split described above), respectively. In accordance with GAAP, the Company accounts for the warrants as equity instruments. The Company estimated the initial fair value of the Warrants issued to be $305.9 million using a Monte Carlo simulation pricing model with the following assumptions (after giving effect to the two-for-one stock split described above): exercise price of $0.005; implied stock price of $19.36; expected volatility of 60.0%; expected dividend rate of 0.0%; risk free interest rate of 2.3%; expiration date of five years and aggregate reorganization value of common stock and warrants of $1,636.2 million. The following is a description of the warrants:

•

Exercise — Each warrant entitles its holder to purchase two shares of common stock at an exercise price of $0.005 per share of common stock (adjusted for the two-for-one stock split described above), subject to adjustment. All warrants are exercisable until November 9, 2014 (warrant expiration date).

•

No Rights as Stockholders — Prior to the exercise of the warrants, no holder of warrants (solely in its capacity as a holder of warrants) is entitled to any rights as a stockholder of the Company, including, without limitation, the right to vote, receive notice of any meeting of stockholders or receive dividends, allotments or other distributions.

•

Adjustments —The number of shares of common stock for which a warrant is exercisable, the exercise price and the trigger price (as defined in the warrant agreement) will be subject to adjustment from time to time upon the occurrence of certain events, including an increase in the number of outstanding shares of common stock by means of a dividend consisting of shares of common stock, a subdivision of the Company’s outstanding shares of common stock into a larger number of shares of common stock or a combination of the Company’s outstanding shares of common stock into a smaller number of shares of common stock. In addition, upon the occurrence of certain events constituting a reorganization, recapitalization, reclassification, consolidation, merger or similar event, each holder of a warrant will have the right to receive, upon exercise of a warrant (if then exercisable), an amount of securities, cash or other property receivable by a holder of the number of shares of common stock for which a warrant is exercisable immediately prior to such event.

Noncontrolling Interests

In 2012, the Company acquired certain noncontrolling interests in two consolidated subsidiaries. In 2011, the Company acquired a controlling interest in an affiliate previously accounted for under the equity method. In 2010, the Company sold noncontrolling interests in two previously wholly owned subsidiaries.

- Definition

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.

+ References

Reference 1: 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 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-SubTopic 30
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
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-Section B
-Paragraph 7, 11A
-Chapter 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 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
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-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 FASB
-Name Statement of Financial Accounting Standard (FAS)
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Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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-Number 210
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 22: 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 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

Stock-Based Compensation

12 Months Ended

Dec. 31, 2012

Stock-Based Compensation

(11) Stock-Based Compensation

The Company adopted the Lear Corporation 2009 Long-Term Stock Incentive Plan as of November 9, 2009 (as amended, the “2009 LTSIP”). The 2009 LTSIP reserves 11,815,748 shares of common stock for issuance under stock option, restricted stock, restricted stock unit, restricted unit, performance share, performance unit and stock appreciation right awards.

Under the 2009 LTSIP, the Company has granted restricted stock units and performance shares to certain of its employees. The restricted stock units and performance shares generally vest in three years following the grant date. In the years ended December 31, 2012, 2011 and 2010, the Company recognized compensation expense related to the restricted stock unit and performance share awards of $38.9 million, $33.6 million and $21.8 million, respectively. Unrecognized compensation expense related to the restricted stock unit and performance share awards of $40.5 million will be recognized over the next 1.6 years on a weighted average basis. In accordance with the provisions of the restricted stock unit and performance share awards, the Company withholds shares from the settlement of such awards to cover minimum statutory tax withholding requirements. The withheld shares are classified as common stock held in treasury in the accompanying consolidated balance sheets as of December 31, 2012 and 2011. A summary of restricted stock unit and performance share transactions during the years ended December 31, 2012, 2011 and 2010, is shown below:


	Restricted Stock Units					Performance Shares
				Weighted Average Grant Date Fair Value ⁽¹⁾					Weighted Average Grant Date Fair Value ⁽¹⁾
Outstanding as of January 1, 2010		2,573,538					—
Granted		206,736		$	35.15		—
Distributed (vested)		(896,696	)				—
Cancelled		(28,650	)				—

Outstanding as of December 31, 2010		1,854,928					—
Granted		181,836		$	54.88		529,880		$	55.15
Distributed (vested)		(875,902	)				—
Cancelled		(22,446	)				(32,282	)

Outstanding as of December 31, 2011		1,138,416					497,598
Granted		419,954		$	43.23		774,957		$	45.21
Distributed (vested)		(872,645	)				—
Cancelled		(16,266	)				(177,166	)

Outstanding as of December 31, 2012		669,459					1,095,389

(1)	The grant date fair values of restricted stock units and performance shares are based on the share price on the grant date.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-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 AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-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.

+ Details

Commitments and Contingencies

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies

(12) Commitments and Contingencies

Legal and Other Contingencies

As of December 31, 2012 and 2011, the Company had recorded reserves for pending legal disputes, including commercial disputes and other matters, of $12.8 million and $17.0 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 the United States District Court for the Eastern District of Michigan 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, a number of other plaintiffs have filed substantially similar class action complaints against the Company and these and other suppliers and individuals in a number of different federal district courts, and it is possible that additional similar lawsuits may be filed in the future. Plaintiffs purport to be direct and indirect purchasers of automotive wire harnesses supplied by the Company and/or the other defendants during the relevant period. 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. On February 7, 2012, the Judicial Panel on Multidistrict Litigation entered an order transferring and coordinating the various civil actions, for pretrial purposes, into one proceeding in the United States District Court for the Eastern District of Michigan. On May 14, 2012, three purported classes of plaintiffs — direct purchasers of automotive wire harnesses; automotive dealers that indirectly purchased automotive wire harnesses or vehicles containing such harnesses; and indirect purchasers that purchased or leased vehicles containing automotive wire harnesses (or purchased replacement automotive wire harnesses for their vehicles) — filed consolidated amended complaints in the consolidated proceeding. With respect to the Company, the consolidated amended complaints are substantially similar to the individual complaints that had been filed in the various jurisdictions. On July 13, 2012, the Company filed a motion to have these actions dismissed for failure to state a claim for relief, because plaintiffs failed to plead a plausible claim against the Company and because, even if it existed, such a claim would be barred following the Company’s emergence from bankruptcy. The Company expects the court to rule on its motion to dismiss in 2013.

Beginning in early 2012, single putative class action complaints were filed in the Superior Courts of Justice in Ontario and Quebec against the Company and several other global suppliers of automotive wire harnesses alleging violations of Canadian laws related to competition. The allegations in the complaints are substantially similar to those complaints that have been filed in the United States.

On November 17, 2011, the Company filed a motion with the United States Bankruptcy Court for the Southern District of New York seeking entry of an order enforcing the Company’s 2009 Plan of Reorganization and directing dismissal of the pending class action complaints. The bankruptcy court heard oral argument on the motion and, on February 10, 2012, ruled that claims against the Company alleging violation of antitrust law are enjoined to the extent that they arose prior to the Company’s emergence from Chapter 11 bankruptcy proceedings on November 9, 2009. The bankruptcy court further held that the District Court was the appropriate forum to address antitrust claims arising after the Company’s emergence from Chapter 11 bankruptcy proceedings. The Company appealed the bankruptcy court’s decision on this issue, and in November 2012, the appellate court ruled in favor of the Company and remanded for consideration by the bankruptcy court the possible effects of certain alleged antitrust claims arising after November 9, 2009. This issue, however, has been stayed by the bankruptcy court until a decision has been entered with respect to the motion to dismiss pending in the United States District Court for the Eastern District of Michigan.

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 attorneys’ 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 assurances 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.

A summary of the changes in reserves for product liability and warranty claims for each of the periods in the two years ended December 31, 2012, is shown below (in millions):


Balance as of January 1, 2011	$	43.6
Expense, net, including changes in estimates		(2.2	)
Settlements		(18.7	)
Foreign currency translation and other		0.7

Balance as of December 31, 2011		23.4
Expense, net, including changes in estimates		5.3
Settlements		(7.3	)
Foreign currency translation and other		1.3

Balance as of December 31, 2012	$	22.7

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 December 31, 2012 and 2011, the Company had recorded environmental reserves of $5.2 million and $2.8 million, respectively. 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; however, no assurances can be given in this regard.

Other Matters

The Company is involved from time to time in various other legal proceedings and claims, including, without limitation, intellectual property matters, 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 assurances can be given in this regard.

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.

Insurance Recoveries

The Company has incurred losses and incremental costs related to the destruction of assets caused by a fire at one of its European production facilities in the third quarter of 2011. During the fourth quarter of 2012, the Company reached a settlement for the recovery of such costs under applicable insurance policies. Anticipated proceeds from insurance recoveries related to losses and incremental costs that have been incurred (“loss recoveries”) are recognized when receipt is probable. Anticipated proceeds from insurance recoveries in excess of the net book value of destroyed property, plant and equipment (“insurance gain contingencies”) are recognized when all contingencies related to the claim have been resolved. Loss recoveries related to the destruction of inventory and incremental costs are included in costs of sales, and loss recoveries and insurance gain contingencies related to the destruction of property, plant and equipment are included in other expense, net. Cash proceeds related to the destruction of inventory and incremental costs are included in cash flows from operating activities, and cash proceeds related to the destruction of property, plant and equipment are included in cash flows from investing activities.

Since the fire in the third quarter of 2011, the Company incurred cumulative losses and incremental costs of $58.4 million ($34.4 million incurred in 2012). The Company also recognized in cost of sales cumulative recoveries of $59.1 million ($49.0 million recognized in 2012) and in other expense cumulative recoveries and gains of $29.9 million ($26.5 million recognized in 2012). In addition, the Company received cumulative cash proceeds of $79.0 million ($66.4 million received in 2012), of which $56.3 million ($47.2 million in 2012) has been reflected in cash flows from operating activities and $22.7 million ($19.2 million in 2012) has been reflected in cash flows from investing activities.

Employees

Approximately 61% of the Company’s employees are members of industrial trade unions and are employed under the terms of various labor agreements. Labor agreements covering approximately 82% of the Company’s unionized workforce of approximately 69,000 employees, including approximately 5% of the Company’s unionized workforce in the United States and Canada, are scheduled to expire in 2013. Management does not anticipate any significant difficulties with respect to the renewal of these agreements.

Lease Commitments

A summary of lease commitments as of December 31, 2012, under non-cancelable operating leases with terms exceeding one year is shown below (in millions):


2013	$	84.7
2014		65.6
2015		52.6
2016		45.5
2017		39.4
2018 and thereafter		68.5

Total	$	356.3

The Company’s operating leases cover principally buildings and transportation equipment. Rent expense was $108.8 million, $99.2 million and $80.2 million for the years ended December 31, 2012, 2011 and 2010, respectively.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: 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

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
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-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 20
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-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: 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 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
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-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: 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 7: 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.

+ Details

Segment Reporting

12 Months Ended

Dec. 31, 2012

Segment Reporting

(13) Segment Reporting

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


	Year Ended December 31, 2012
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	11,029.6	$	3,537.4	$	—		$	14,567.0
Segment earnings ⁽¹⁾		661.7		254.9		(211.4	)		705.2
Depreciation and amortization		152.6		78.4		8.5			239.5
Capital expenditures		290.7		158.1		9.5			458.3
Total assets		4,341.9		1,432.2		2,420.0			8,194.1


	Year Ended December 31, 2011
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	10,943.0	$	3,213.5	$	—		$	14,156.5
Segment earnings ⁽¹⁾		703.7		185.1		(209.2	)		679.6
Depreciation and amortization		146.5		92.3		7.5			246.3
Capital expenditures		184.0		139.4		6.1			329.5
Total assets		3,697.9		1,255.0		2,058.0			7,010.9


	Year Ended December 31, 2010
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	9,395.3	$	2,559.3	$	—		$	11,954.6
Segment earnings ⁽¹⁾		655.0		100.5		(217.1	)		538.4
Depreciation and amortization		145.7		83.9		6.3			235.9
Capital expenditures		114.2		71.1		8.0			193.3
Total assets		3,491.1		1,052.2		2,077.8			6,621.1

(1)	See definition in Note 2, “Summary of Significant Accounting Policies — Segment Reporting.”

For the year ended December 31, 2012, segment earnings include restructuring charges of $47.8 million, $4.3 million and $3.1 million in the seating and EPMS segments and in the other category, respectively (Note 4, “Restructuring”).

For the year ended December 31, 2011, segment earnings include restructuring charges of $66.4 million and $2.4 million in the seating and EPMS segments, respectively (Note 4, “Restructuring”).

For the year ended December 31, 2010, segment earnings include restructuring charges of $44.2 million, $17.4 million and $2.3 million in the seating and EPMS segments and in the other category, respectively (Note 4, “Restructuring”).

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


For the year ended December 31,	2012			2011			2010
Segment earnings	$	916.6		$	888.8		$	755.5
Corporate and regional headquarters and elimination of intercompany activity (“Other”)		(211.4	)		(209.2	)		(217.1	)

Consolidated income before interest, other expense, provision (benefit) for income taxes and equity in net income of affiliates		705.2			679.6			538.4
Interest expense		49.9			39.7			55.4
Other expense, net		6.4			24.2			34.2

Consolidated income before provision (benefit) for income taxes and equity in net income of affiliates	$	648.9		$	615.7		$	448.8

Revenues from external customers and tangible long-lived assets for each of the geographic areas in which the Company operates is shown below (in millions):


For the year ended December 31,	2012		2011		2010
Revenues from external customers:
United States	$	2,891.4	$	2,542.2	$	2,137.1
Germany		2,142.4		2,522.5		2,110.5
Mexico		1,991.8		1,659.0		1,435.0
China		1,467.6		1,363.0		1,144.9
Other countries		6,073.8		6,069.8		5,127.1

Total	$	14,567.0	$	14,156.5	$	11,954.6


December 31,	2012		2011
Tangible long-lived assets:
United States	$	213.4	$	152.5
Germany		151.5		123.8
Mexico		236.7		180.8
China		131.8		86.4
Other countries		669.7		528.5

Total	$	1,403.1	$	1,072.0

The following is a summary of the percentage of revenues from major customers:


For the year ended December 31,	2012			2011			2010
General Motors		21.1	%		18.8	%		20.9	%
Ford		19.8			19.4			18.2
BMW		10.6			11.6			10.9

In addition, a portion of the Company’s remaining revenues are from the above automotive manufacturing companies through various other automotive suppliers.

- Definition

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.

+ References

Reference 1: 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

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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 15: 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.

+ Details

Financial Instruments

12 Months Ended

Dec. 31, 2012

Financial Instruments

(14) 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 (Level 2 input based on the GAAP fair value hierarchy). As of December 31, 2012, the aggregate carrying value of the Notes was $626.3 million, as compared to an estimated aggregate fair value of $696.6 million. As of December 31, 2011, the aggregate carrying value of the Notes was $695.4 million, as compared to an estimated aggregate fair value of $764.6 million.

Derivative Instruments and Hedging Activities

Foreign exchange — The Company uses forwards, swaps and other derivative contracts to reduce the effects 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 exposure to fluctuations in foreign exchange rates. The principal currencies hedged by the Company include the Mexican peso, various European currencies, the Chinese renminbi and the Canadian dollar. As of December 31, 2012 and 2011, contracts designated as cash flow hedges with $836.4 million and $585.7 million, respectively, of notional amount were outstanding with maturities of less than 17 months. As of December 31, 2012 and 2011, the fair value of these contracts was approximately $19.9 million and ($39.1) million, respectively. As of December 31, 2012 and 2011, other foreign currency derivative contracts that did not qualify for hedge accounting with $23.4 million and $148.4 million, respectively, of notional amount were outstanding. These foreign currency derivative contracts consist principally of hedges of cash transactions of up to four months, hedges of intercompany loans and hedges of certain other balance sheet exposures. As of December 31, 2012 and 2011, the fair value of these contracts was approximately zero and ($5.4) million, respectively.

The fair value of outstanding foreign currency derivative contracts and the related classification in the accompanying consolidated balance sheets are shown below (in millions):


December 31,	2012			2011
Contracts qualifying for hedge accounting:
Other current assets	$	22.3		$	0.2
Other long-term assets		0.5			—
Other current liabilities		(2.8	)		(38.1	)
Other long-term liabilities		(0.1	)		(1.2	)

		19.9			(39.1	)

Contracts not qualifying for hedge accounting:
Other current assets		0.1			—
Other current liabilities		(0.1	)		(5.4	)

		—			(5.4	)

	$	19.9		$	(44.5	)

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


For the year ended December 31,	2012		2011			2010
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$	55.8	$	(50.4	)	$	9.5
(Gains) losses reclassified from accumulated other comprehensive loss		3.2		12.6			(10.8	)

Comprehensive income (loss)	$	59.0	$	(37.8	)	$	(1.3	)

For the years ended December 31, 2012, 2011 and 2010, net sales includes gains (losses) of $1.0 million, ($1.7) million and ($1.4) million, respectively, reclassified from accumulated other comprehensive loss related to foreign currency derivative contracts. For the years ended December 31, 2012, 2011 and 2010, cost of sales includes gains (losses) of ($4.2) million, ($10.9) million and $12.2 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. As of December 31, 2012 and 2011, 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 certain commodity 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 consolidated statements of income (Note 2, “Summary of Significant Accounting Policies”). As of December 31, 2012, there were no commodity swap contracts outstanding. As of December 31, 2011, commodity swap contracts with $3.4 million of notional amount were outstanding with maturities of less than twelve months. As of December 31, 2011, the fair market value of these contracts was ($0.3) million.

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


December 31,	2011
Contracts qualifying for hedge accounting:
Other current liabilities	$	(0.3	)

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


For the year ended December 31,	2012		2011
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$	0.1	$	(0.5	)
Losses reclassified from accumulated other comprehensive loss		0.2		0.2

Comprehensive income (loss)	$	0.3	$	(0.3	)

For each of the years ended December 31, 2012 and 2011, cost of sales includes losses of $0.2 million reclassified from accumulated other comprehensive loss related to commodity swap contracts.

As of December 31, 2012 and 2011, pretax net gains (losses) of approximately $19.9 million and ($39.4) million, respectively, related to the Company’s derivative instruments and hedging activities were recorded in accumulated other comprehensive loss. During the year ending December 31, 2013, the Company expects to reclassify net gains of approximately $19.5 million related to its hedging activities from accumulated other comprehensive loss into earnings. Such gains will be reclassified at the time that the underlying hedged transactions are realized. During the years ended December 31, 2012, 2011 and 2010, amounts recognized in the accompanying consolidated statements of income related to changes in the fair value of cash flow hedges that were 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. In addition, the Company recognized tax benefits (expense) in comprehensive income (loss) related to its derivative instruments and hedging activities of ($19.0) million and $1.8 million for the years ended December 31, 2012 and 2011, respectively.

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 December 31, 2012 and 2011, are shown below (in millions):


December 31, 2012
	Frequency		Asset (Liability)		Valuation Technique		Level 1		Level 2		Level 3
Foreign currency derivative contracts		Recurring	$	19.9		Market/Income	$	—	$	19.9	$	—


December 31, 2011
	Frequency		Asset (Liability)			Valuation Technique		Level 1		Level 2			Level 3
Foreign currency derivative contracts		Recurring	$	(44.5	)		Market/Income	$	—	$	(44.5	)	$	—
Commodity swap contracts		Recurring	$	(0.3	)		Market/Income	$	—	$	(0.3	)	$	—

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, the Company adjusts these discount rates, if required, 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. As of December 31, 2012 and 2011, 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 2012 and 2011.

For further information on fair value measurements and the Company’s defined benefit pension plan assets, see Note 9, “Pension and Other Postretirement Benefit Plans.”

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. As a result of the Guilford acquisition, Level 3 fair value estimates related to property, plant and equipment of $89.9 million and intangible assets of $56.0 million were recorded in the accompanying consolidated balance sheet as of December 31, 2012. For further information on these fair value measurements, see Note 3, “Acquisition.” As of December 31, 2011, there were no significant assets or liabilities measured at fair value on a non-recurring basis.

For further information on assets and liabilities measured at fair value on a non-recurring basis, see Note 2, “Summary of Significant Accounting Policies,” and Note 4, “Restructuring.”

Quarterly Financial Data

12 Months Ended

Dec. 31, 2012

Quarterly Financial Data

(15) Quarterly Financial Data (unaudited)

(In millions, except per share data)


	Thirteen Weeks Ended
	March 31, 2012		June 30, 2012		September 29, 2012		December 31, 2012

Net sales	$	3,644.0	$	3,665.0	$	3,538.6	$	3,719.4
Gross profit		309.8		314.6		291.3		301.8
Consolidated net income		144.4		154.6		128.1		890.1
Net income attributable to Lear		134.1		145.4		121.4		881.9
Basic net income per share attributable to Lear		1.34		1.47		1.25		9.12
Diluted net income per share attributable to Lear		1.32		1.45		1.23		9.00


	Thirteen Weeks Ended
	April 2, 2011		July 2, 2011		October 1, 2011		December 31, 2011

Net sales	$	3,511.7	$	3,676.3	$	3,460.0	$	3,508.5
Gross profit		323.4		346.6		280.5		242.7
Consolidated net income		162.7		185.7		108.1		113.9
Net income attributable to Lear		156.0		177.5		100.7		106.5
Basic net income per share attributable to Lear		1.48		1.70		0.97		1.05
Diluted net income per share attributable to Lear		1.44		1.65		0.95		1.03

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References + Details

Accounting Pronouncements

12 Months Ended

Dec. 31, 2012

Accounting Pronouncements

(16) Accounting Pronouncements

Comprehensive Income

The Financial Accounting Standards Board (“FASB”) amended ASC 220, “Comprehensive Income,” with ASU 2011-05, “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 in the statement of stockholders’ equity has been eliminated. The provisions of this update were effective as of January 1, 2012, and the Company has included a consolidated statement of comprehensive income as part of the consolidated financial statements included in this Report.

Fair Value Measurements

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 were effective as of January 1, 2012. The effects of adoption were not significant.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6510796

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6507316

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22583-107794

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Indirect Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6515603

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=6958853&loc=d3e46468-122699

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22580-107794

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Accounting Change
-URI http://asc.fasb.org/extlink&oid=6503790

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22499-107794

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Retrospective Application
-URI http://asc.fasb.org/extlink&oid=6523989

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 01
-Paragraph b
-Subparagraph 6
-Article 10

+ Details

Supplemental Guarantor Condensed Consolidating Financial Statements

12 Months Ended

Dec. 31, 2012

Supplemental Guarantor Condensed Consolidating Financial Statements

(17) Supplemental Guarantor Condensed Consolidating Financial Statements


December 31, 2012
	Lear			Guarantors		Non- guarantors		Eliminations			Consolidated
	(in millions)
Assets
Current Assets:
Cash and cash equivalents	$	481.4		$	0.1	$	920.7	$	—		$	1,402.2
Accounts receivable		47.7			358.4		1,634.6		—			2,040.7
Inventories		5.2			264.3		457.6		—			727.1
Other		162.9			70.2		470.4		—			703.5

Total current assets		697.2			693.0		3,483.3		—			4,873.5

Long-Term Assets:
Property, plant and equipment, net		91.5			273.3		1,038.3		—			1,403.1
Goodwill		23.5			400.8		322.2		—			746.5
Investments in subsidiaries		1,494.7			1,287.8		—		(2,782.5	)		—
Other		769.9			67.5		333.6		—			1,171.0

Total long-term assets		2,379.6			2,029.4		1,694.1		(2,782.5	)		3,320.6

Total assets	$	3,076.8		$	2,722.4	$	5,177.4	$	(2,782.5	)	$	8,194.1


Liabilities and Equity
Current Liabilities:
Accounts payable and drafts	$	114.3		$	555.2	$	1,563.5	$	—		$	2,233.0
Accrued liabilities		124.7			192.8		666.4		—			983.9

Total current liabilities		239.0			748.0		2,229.9		—			3,216.9

Long-Term Liabilities:
Long-term debt		626.3			—		—		—			626.3
Intercompany accounts, net		(1,471.3	)		447.6		1,023.7		—			—
Other		195.7			179.5		363.5		—			738.7

Total long-term liabilities		(649.3	)		627.1		1,387.2		—			1,365.0

Equity:
Lear Corporation stockholders’ equity		3,487.1			1,347.3		1,435.2		(2,782.5	)		3,487.1
Noncontrolling interests		—			—		125.1		—			125.1

Equity		3,487.1			1,347.3		1,560.3		(2,782.5	)		3,612.2

Total liabilities and equity	$	3,076.8		$	2,722.4	$	5,177.4	$	(2,782.5	)	$	8,194.1


December 31, 2011
	Lear			Guarantors		Non- guarantors		Eliminations			Consolidated
	(in millions)
Assets
Current Assets:
Cash and cash equivalents	$	820.3		$	0.1	$	933.9	$	—		$	1,754.3
Accounts receivable		56.6			298.9		1,524.6		—			1,880.1
Inventories		7.7			234.1		396.0		—			637.8
Other		91.6			26.2		371.5		—			489.3

Total current assets		976.2			559.3		3,226.0		—			4,761.5

Long-Term Assets:
Property, plant and equipment, net		93.5			161.2		817.3		—			1,072.0
Goodwill		23.5			303.9		301.2		—			628.6
Investments in subsidiaries		628.2			1,025.7		—		(1,653.9	)		—
Other		117.2			28.9		402.7		—			548.8

Total long-term assets		862.4			1,519.7		1,521.2		(1,653.9	)		2,249.4

Total assets	$	1,838.6		$	2,079.0	$	4,747.2	$	(1,653.9	)	$	7,010.9


Liabilities and Equity
Current Liabilities:
Accounts payable and drafts	$	104.5		$	461.4	$	1,448.4	$	—		$	2,014.3
Accrued liabilities		149.6			157.1		742.5		—			1,049.2

Total current liabilities		254.1			618.5		2,190.9		—			3,063.5

Long-Term Liabilities:
Long-term debt		695.4			—		—		—			695.4
Intercompany accounts, net		(1,749.3	)		669.9		1,079.4		—			—
Other		202.0			149.0		339.9		—			690.9

Total long-term liabilities		(851.9	)		818.9		1,419.3		—			1,386.3

Equity:
Lear Corporation stockholders’ equity		2,436.4			641.6		1,012.3		(1,653.9	)		2,436.4
Noncontrolling interests		—			—		124.7		—			124.7

Equity		2,436.4			641.6		1,137.0		(1,653.9	)		2,561.1

Total liabilities and equity	$	1,838.6		$	2,079.0	$	4,747.2	$	(1,653.9	)	$	7,010.9


Year Ended December 31, 2012
	Lear			Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Net sales	$	483.7		$	5,850.1		$	12,484.6		$	(4,251.4	)	$	14,567.0
Cost of sales		555.6			5,295.3			11,750.0			(4,251.4	)		13,349.5
Selling, general and administrative expenses		213.8			38.0			227.5			—			479.3
Amortization of intangible assets		1.7			2.8			28.5			—			33.0
Intercompany charges		4.6			1.8			(6.4	)		—			—
Interest expense		2.3			21.8			25.8			—			49.9
Other intercompany (income) expense, net		(252.5	)		116.5			136.0			—			—
Other expense, net		2.9			2.4			1.1			—			6.4


Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries		(44.7	)		371.5			322.1			—			648.9
Provision (benefit) for income taxes		(714.9	)		141.7			(64.8	)		—			(638.0	)
Equity in net income of affiliates		(6.1	)		(3.6	)		(20.6	)		—			(30.3	)
Equity in net income of subsidiaries		(606.5	)		(192.6	)		—			799.1			—


Consolidated net income		1,282.8			426.0			407.5			(799.1	)		1,317.2
Less: Net income attributable to noncontrolling interests		—			—			34.4			—			34.4


Net income attributable to Lear	$	1,282.8		$	426.0		$	373.1		$	(799.1	)	$	1,282.8


Consolidated comprehensive income	$	1,314.0		$	475.6		$	410.9		$	(850.9	)	$	1,349.6
Less: Comprehensive income attributable to noncontrolling interests		—			—			35.6			—			35.6


Comprehensive income attributable to Lear	$	1,314.0		$	475.6		$	375.3		$	(850.9	)	$	1,314.0


Year Ended December 31, 2011
	Lear			Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Net sales	$	389.5		$	5,231.9		$	12,668.7		$	(4,133.6	)	$	14,156.5
Cost of sales		489.0			4,764.2			11,843.7			(4,133.6	)		12,963.3
Selling, general and administrative expenses		189.7			12.8			283.1			—			485.6
Amortization of intangible assets		1.7			—			26.3			—			28.0
Intercompany charges		4.2			2.4			(6.6	)		—			—
Interest expense		—			24.5			15.2			—			39.7
Other intercompany (income) expense, net		(395.0	)		203.8			191.2			—			—
Other expense, net		3.4			15.3			5.5			—			24.2


Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries		96.5			208.9			310.3			—			615.7
Provision (benefit) for income taxes		17.0			4.7			47.1			—			68.8
Equity in net income of affiliates		1.1			(3.0	)		(21.6	)		—			(23.5	)
Equity in net income of subsidiaries		(462.3	)		(247.0	)		—			709.3			—


Consolidated net income		540.7			454.2			284.8			(709.3	)		570.4
Less: Net income attributable to noncontrolling interests		—			—			29.7			—			29.7


Net income attributable to Lear	$	540.7		$	454.2		$	255.1		$	(709.3	)	$	540.7


Consolidated comprehensive income	$	286.7		$	373.2		$	179.9		$	(520.9	)	$	318.9
Less: Comprehensive income attributable to noncontrolling interests		—			—			32.2			—			32.2


Comprehensive income attributable to Lear	$	286.7		$	373.2		$	147.7		$	(520.9	)	$	286.7


Year Ended December 31, 2010
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(in millions)
Net sales	$	291.0		$	4,373.0		$	10,719.3		$	(3,428.7	)	$	11,954.6
Cost of sales		402.4			3,926.4			10,036.2			(3,428.7	)		10,936.3
Selling, general and administrative expenses		200.8			10.6			241.3			—			452.7
Amortization of intangible assets		1.7			—			25.5			—			27.2
Intercompany charges		4.1			3.5			(7.6	)		—			—
Interest expense		10.1			41.2			4.1			—			55.4
Other intercompany (income) expense, net		(286.1	)		150.1			136.0			—			—
Other expense, net		20.4			(6.3	)		20.1			—			34.2


Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries		(62.4	)		247.5			263.7			—			448.8
Provision (benefit) for income taxes		13.3			1.2			10.1			—			24.6
Equity in net income of affiliates		(3.7	)		(1.3	)		(32.2	)		—			(37.2	)
Equity in net income of subsidiaries		(510.3	)		(184.5	)		—			694.8			—


Consolidated net income		438.3			432.1			285.8			(694.8	)		461.4
Less: Net income attributable to noncontrolling interests		—			—			23.1			—			23.1


Net income attributable to Lear	$	438.3		$	432.1		$	262.7		$	(694.8	)	$	438.3


Consolidated comprehensive income	$	361.6		$	415.7		$	244.0		$	(634.1	)	$	387.2
Less: Comprehensive income attributable to noncontrolling interests		—			—			25.6			—			25.6


Comprehensive income attributable to Lear	$	361.6		$	415.7		$	218.4		$	(634.1	)	$	361.6


Year Ended December 31, 2012
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(in millions)
Net Cash Provided by Operating Activities	$	(35.4	)	$	334.0		$	431.2		$	—	$	729.8


Cash Flows from Investing Activities:
Additions to property, plant and equipment		(11.3	)		(97.4	)		(349.6	)		—		(458.3	)
Insurance proceeds		—			—			19.2			—		19.2
Cash paid for acquisitions, net of cash acquired		(243.9	)		—			—			—		(243.9	)
Other, net		0.4			6.3			(11.6	)		—		(4.9	)

Net cash used in investing activities		(254.8	)		(91.1	)		(342.0	)		—		(687.9	)


Cash Flows from Financing Activities:
Repurchase of senior notes		(72.1	)		—			—			—		(72.1	)
Repurchase of common stock		(222.8	)		—			—			—		(222.8	)
Dividends paid to Lear Corporation stockholders		(54.6	)		—			—			—		(54.6	)
Dividends paid to noncontrolling interests		—			—			(23.1	)		—		(23.1	)
Change in intercompany accounts		306.9			(242.9	)		(64.0	)		—		—
Other, net		(6.1	)		—			(17.4	)		—		(23.5	)

Net cash used in financing activities		(48.7	)		(242.9	)		(104.5	)		—		(396.1	)


Effect of foreign currency translation		—			—			2.1			—		2.1

Net Change in Cash and Cash Equivalents		(338.9	)		—			(13.2	)		—		(352.1	)
Cash and Cash Equivalents at Beginning of Period		820.3			0.1			933.9			—		1,754.3

Cash and Cash Equivalents at End of Period	$	481.4		$	0.1		$	920.7		$	—	$	1,402.2


Year Ended December 31, 2011
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(in millions)
Net Cash Provided by Operating Activities	$	180.4		$	212.4		$	397.5		$	—	$	790.3


Cash Flows from Investing Activities:
Additions to property, plant and equipment		(10.5	)		(57.8	)		(261.2	)		—		(329.5	)
Insurance proceeds		—			—			3.5			—		3.5
Cash paid for acquisitions, net of cash acquired		—			—			(8.4	)		—		(8.4	)
Other, net		23.2			1.9			6.1			—		31.2

Net cash used in investing activities		12.7			(55.9	)		(260.0	)		—		(303.2	)


Cash Flows from Financing Activities:
Payment of debt issuance and other financing costs		(4.8	)		—			—			—		(4.8	)
Other long-term debt repayments, net		—			—			(1.1	)		—		(1.1	)
Short-term repayments, net		—			—			(4.0	)		—		(4.0	)
Repurchase of common stock		(279.1	)		—			—			—		(279.1	)
Dividends paid to Lear Corporation stockholders		(51.1	)		—			—			—		(51.1	)
Dividends paid to noncontrolling interests		—			—			(18.5	)		—		(18.5	)
Change in intercompany accounts		167.1			(156.8	)		(10.3	)		—		—
Other, net		(13.7	)		—			—			—		(13.7	)

Net cash used in financing activities		(181.6	)		(156.8	)		(33.9	)		—		(372.3	)


Effect of foreign currency translation		—			—			(14.6	)		—		(14.6	)

Net Change in Cash and Cash Equivalents		11.5			(0.3	)		89.0			—		100.2
Cash and Cash Equivalents at Beginning of Period		808.8			0.4			844.9			—		1,654.1

Cash and Cash Equivalents at End of Period	$	820.3		$	0.1		$	933.9		$	—	$	1,754.3


Year Ended December 31, 2010
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(in millions)
Net Cash Provided by Operating Activities	$	(54.6	)	$	333.1		$	343.4		$	—	$	621.9


Cash Flows from Investing Activities:
Additions to property, plant and equipment		(15.5	)		(42.3	)		(135.5	)		—		(193.3	)
Other, net		(3.8	)		2.1			2.9			—		1.2

Net cash used in investing activities		(19.3	)		(40.2	)		(132.6	)		—		(192.1	)


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	)
Payment of debt issuance and other financing costs		(17.6	)		—			—			—		(17.6	)
Other long-term debt repayments, net		—			—			(9.3	)		—		(9.3	)
Short-term repayments, net		—			—			(34.0	)		—		(34.0	)
Dividends paid to noncontrolling interests		—			—			(16.2	)		—		(16.2	)
Change in intercompany accounts		558.7			(292.6	)		(266.1	)		—		—
Other, net		(12.8	)		—			(0.3	)		—		(13.1	)

Net cash used in financing activities		297.8			(292.6	)		(325.9	)		—		(320.7	)


Effect of foreign currency translation		—			—			(9.0	)		—		(9.0	)

Net Change in Cash and Cash Equivalents		223.9			0.3			(124.1	)		—		100.1
Cash and Cash Equivalents at Beginning of Period		584.9			0.1			969.0			—		1,554.0

Cash and Cash Equivalents at End of Period	$	808.8		$	0.4		$	844.9		$	—	$	1,654.1

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 indentures governing the Notes and the 2023 Notes, including the Company’s obligations to pay principal, premium, if any, and interest with respect to the Notes and the 2023 Notes. The Notes consist of $315 million in aggregate principal amount of 7.875% senior unsecured notes due 2018 and $315 million in aggregate principal amount of 8.125% senior unsecured notes due 2020. The 2023 Notes consist of $500 million in aggregate principal amount of 4.75% senior unsecured notes due 2023 and were issued in January 2013. The Guarantors include Guilford Mills, Inc., Lear Corporation EEDS and Interiors, Lear Mexican Seating Corporation and Lear Operations Corporation. Guilford Mills, Inc. was added as a guarantor, and Lear European Operations Corporation was released as a guarantor in 2012. 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 2011 and 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 years ended December 31, 2012, 2011 and 2010, $38.1 million, $28.7 million and $15.3 million, respectively, of selling, general 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):


December 31,	2012		2011
Senior notes	$	626.3	$	695.4

Schedule II - Valuation And Qualifying Accounts

12 Months Ended

Dec. 31, 2012

Schedule II - Valuation And Qualifying Accounts

LEAR CORPORATION AND SUBSIDIARIES

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

(In millions)


	Balance as of Beginning of Period		Additions		Retirements			Other Changes		Balance as of End of Period
For the year ended December 31, 2012
Valuation of accounts deducted from related assets:
Allowance for doubtful accounts	$	30.7	$	5.9	$	(4.2	)	$	3.0	$	35.4
Reserve for unmerchantable inventory		86.1		21.9		(18.2	)		—		89.8
Restructuring reserves		62.5		55.1		(73.4	)		—		44.2
Allowance for deferred tax assets		1,397.3		90.2		(871.7	)		12.4		628.2

Total	$	1,576.6	$	173.1	$	(967.5	)	$	15.4	$	797.6


	Balance as of Beginning of Period		Additions		Retirements			Other Changes			Balance as of End of Period
For the year ended December 31, 2011
Valuation of accounts deducted from related assets:
Allowance for doubtful accounts	$	14.5	$	19.0	$	(1.8	)	$	(1.0	)	$	30.7
Reserve for unmerchantable inventory		83.5		22.0		(16.8	)		(2.6	)		86.1
Restructuring reserves		42.1		51.1		(30.7	)		—			62.5
Allowance for deferred tax assets		1,407.3		71.1		(68.2	)		(12.9	)		1,397.3

Total	$	1,547.4	$	163.2	$	(117.5	)	$	(16.5	)	$	1,576.6


	Balance as of Beginning of Period		Additions		Retirements			Other Changes			Balance as of End of Period
For the year ended December 31, 2010
Valuation of accounts deducted from related assets:
Allowance for doubtful accounts ⁽¹⁾	$	—	$	19.0	$	(4.2	)	$	(0.3	)	$	14.5
Reserve for unmerchantable inventory ⁽¹⁾		—		105.5		(19.6	)		(2.4	)		83.5
Restructuring reserves		83.1		60.9		(101.9	)		—			42.1
Allowance for deferred tax assets		1,166.4		318.0		(61.6	)		(15.5	)		1,407.3

Total	$	1,249.5	$	503.4	$	(187.3	)	$	(18.2	)	$	1,547.4

(1)	In conjunction with the adoption of fresh-start accounting as of November 7, 2009, accounts receivable and inventory were stated at fair value. As a result, the allowance for doubtful accounts and the reserve for unmerchantable inventory were zero as of this date.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2012

Consolidation

Consolidation

Fiscal Period Reporting

Fiscal Period Reporting

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.

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash and cash equivalents include all highly liquid investments with original maturities of ninety days or less.

Accounts Receivable

Accounts Receivable

Inventories

Inventories

Pre-Production Costs Related to Long-Term Supply Arrangement

Pre-Production Costs Related to Long-Term Supply Arrangements

Property, Plant and Equipment

Property, Plant and Equipment


Buildings and improvements			10 to 40 years
Machinery and equipment			5 to 10 years

Impairment of Goodwill

Impairment of Goodwill

Intangible Assets

Intangible Assets

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets

Impairment of Investments in Affiliates

Impairment of Investments in Affiliates

Revenue Recognition and Sales Commitments

Revenue Recognition and Sales Commitments

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

Restructuring Costs

Engineering and Development

Engineering and Development

Other Expense, Net

Other Expense, Net

Income Taxes

Income Taxes

Foreign Currency Translation

Foreign Currency Translation

Stock-Based Compensation

Stock-Based Compensation

The Company measures stock-based employee compensation expense at fair value in accordance with GAAP and recognizes such expense over the vesting period of the stock-based employee awards.

Net Income Per Share Attributable to Lear

Net Income Per Share Attributable to Lear

Product Warranty

Product Warranty

Segment Reporting

Segment Reporting

The accounting policies of the Company’s operating segments are the same as those described in this note to the consolidated financial statements.

Derivative Instruments and Hedging Activities

Derivative Instruments and Hedging Activities

Use of Estimates

Use of Estimates

Reclassifications

Reclassifications

Certain amounts in prior periods’ financial statements have been reclassified to conform to the presentation used in the year ended December 31, 2012.

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:		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.

Interest Rate Swap

Derivative Instruments and Hedging Activities

Historically, the Company used interest rate swap and other derivative contracts to manage its exposure to fluctuations in interest rates. As of December 31, 2012 and 2011, 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 Contract

Derivative Instruments and Hedging Activities

The Company uses derivative instruments to reduce its exposure to fluctuations in certain commodity 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 consolidated statements of income (Note 2, “Summary of Significant Accounting Policies”).

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Inventories

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


December 31,	2012		2011
Raw materials	$	582.2	$	520.1
Work-in-process		37.4		36.0
Finished goods		107.5		81.7

Inventories	$	727.1	$	637.8

Classification of Recoverable Customer Engineering, Development and Tooling Costs Related to Long-term Supply Agreements

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


December 31,	2012		2011
Current	$	141.8	$	96.0
Long-term		55.0		64.2

Recoverable customer engineering, development and tooling	$	196.8	$	160.2

Estimated Useful Lives of Depreciable Property

Depreciable property is depreciated over the estimated useful lives of the assets, using principally the straight-line method as follows:


Buildings and improvements			10 to 40 years
Machinery and equipment			5 to 10 years

Summary of Property, Plant and Equipment

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


December 31,	2012			2011
Land	$	114.0		$	106.1
Buildings and improvements		475.1			406.1
Machinery and equipment		1,306.6			988.6
Construction in progress		139.6			3.3

Total property, plant and equipment		2,035.3			1,504.1
Less – accumulated depreciation		(632.2	)		(432.1	)

Net property, plant and equipment	$	1,403.1		$	1,072.0

Summary of Changes in Carrying Amount of Goodwill

A summary of the changes in the carrying amount of goodwill, by reportable operating segment, for each of the periods in the two years ended December 31, 2012, is shown below (in millions):


	Seating
Balance as of December 31, 2010	$	614.6
Acquisition		15.0
Foreign currency translation and other		(1.0	)

Balance as of December 31, 2011	$	628.6
Acquisition		113.9
Foreign currency translation and other		4.0

Balance as of December 31, 2012	$	746.5

Summary of Intangible Assets

A summary of intangible assets as of December 31, 2012 and 2011, is shown below (in millions):


	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (years)
Technology	$	32.2	$	(9.0	)	$	23.2		8.8
Customer-based		224.6		(83.5	)		141.1		7.8

Balance as of December 31, 2012	$	256.8	$	(92.5	)	$	164.3		8.0


	Gross Carrying Value		Accumulated Amortization			Net Carrying Value		Weighted Average Useful Life (years)
Technology	$	20.1	$	(5.6	)	$	14.5		7.7
Customer-based		182.6		(54.8	)		127.8		7.0

Balance as of December 31, 2011	$	202.7	$	(60.4	)	$	142.3		7.1

Estimated Annual Amortization Expense

Excluding the impact of any future acquisitions, the Company’s estimated annual amortization expense for the five succeeding years is shown below (in millions):


Year	Expense
2013	$	34.3
2014		34.3
2015		34.3
2016		29.9
2017		7.9

Summary of Other (Income) Expense, Net

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


For the year ended December 31,	2012			2011			2010
Other expense	$	33.9		$	27.8		$	37.2
Other income		(27.5	)		(3.6	)		(3.0	)

Other expense, net	$	6.4		$	24.2		$	34.2

Summary of Information Used to Compute Basic and Diluted Net Income (Loss) 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):


For the year ended December 31,	2012		2011		2010
Net income attributable to Lear	$	1,282.8	$	540.7	$	438.3
Less: Undistributed earnings allocated to participating securities		—		—		(30.5	)

Net income available to Lear common shareholders	$	1,282.8	$	540.7	$	407.8


Average common shares outstanding		98,388,228		103,750,223		94,814,044


Basic net income per share attributable to Lear	$	13.04	$	5.21	$	4.30

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


For the year ended December 31,	2012		2011		2010
Net income attributable to Lear	$	1,282.8	$	540.7	$	438.3


Average common shares outstanding		98,388,228		103,750,223		94,814,044
Dilutive effect of common stock equivalents		1,437,458		2,594,144		13,308,106

Average diluted shares outstanding		99,825,686		106,344,367		108,122,150


Diluted net income per share attributable to Lear	$	12.85	$	5.08	$	4.05

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

Acquisition (Tables)

12 Months Ended

Dec. 31, 2012

Preliminary Purchase Price and Related Allocation

The preliminary purchase price and related allocation are shown below (in millions):

Purchase price paid to former owner, net of cash acquired	$	243.9
Purchase price adjustments		(0.7	)

Net purchase price	$	243.2


Property, plant and equipment	$	89.9
Other assets purchased and liabilities assumed, net		(16.6	)
Goodwill		113.9
Intangible assets		56.0

Preliminary purchase price allocation	$	243.2

Restructuring (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Restructuring Activity

A summary of 2012 activity is shown below (in millions):


	Accrual as of		2012		Utilization						Accrual as of
	January 1, 2012		Charges		Cash			Non-cash			December 31, 2012
Employee termination benefits	$	56.8	$	45.4	$	(63.7	)	$	—		$	38.5
Asset impairments		—		6.0		—			(6.0	)		—
Contract termination costs		5.7		1.9		(1.9	)		—			5.7
Other related costs		—		1.8		(1.8	)		—			—

Total	$	62.5	$	55.1	$	(67.4	)	$	(6.0	)	$	44.2

A summary of 2011 activity, excluding pension benefit plan settlement charges of $17.1 million, is shown below (in millions):


	Accrual as of		2011		Utilization						Accrual as of
	January 1, 2011		Charges		Cash			Non-cash			December 31, 2011
Employee termination benefits	$	38.4	$	44.5	$	(26.1	)	$	—		$	56.8
Asset impairments		—		1.0		—			(1.0	)		—
Contract termination costs		3.7		2.5		(0.5	)		—			5.7
Other related costs		—		3.1		(3.1	)		—			—

Total	$	42.1	$	51.1	$	(29.7	)	$	(1.0	)	$	62.5

A summary of 2010 activity, excluding pension benefit plan curtailment charges of $3.0 million, is shown below (in millions):


	Accrual as of		2010		Utilization						Accrual as of
	January 1, 2010		Charges		Cash			Non-cash			December 31, 2010
Employee termination benefits	$	79.8	$	51.0	$	(92.4	)	$	—		$	38.4
Asset impairments		—		3.6		—			(3.6	)		—
Contract termination costs		3.3		0.4		—			—			3.7
Other related costs		—		5.9		(5.9	)		—			—

Total	$	83.1	$	60.9	$	(98.3	)	$	(3.6	)	$	42.1

Investments in Affiliates and Other Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2012

Beneficial Ownership in Affiliates Accounted for Under Equity Method

The Company’s beneficial ownership in affiliates accounted for under the equity method is shown below:


December 31,	2012			2011			2010
Shanghai Lear STEC Automotive Parts Co., Ltd. (China)		55	%		55	%		55	%
Beijing BAI Lear Automotive Systems Co., Ltd. (China)		50			50			50
Beijing Lear Automotive Electronics and Electrical Products Co., Ltd. (China)		50			50			50
Dong Kwang Lear Yuhan Hoesa (Korea)		50			50			50
Industrias Cousin Freres, S.L. (Spain)		50			50			50
Jiangxi Jiangling Lear Interior Systems Co., Ltd. (China)		50			50			50
Lear Dongfeng Automotive Seating Co., Ltd. (China)		50			50			50
Changchun Lear FAW Sihuan Automotive Electrical and Electronics Co., Ltd. (China)		49			49			49
Changchun Lear FAW Sihuan Automotive Seat Systems Co., Ltd. (China)		49			49			—
Honduras Electrical Distribution Systems S. de R.L. de C.V. (Honduras)		49			49			49
Kyungshin-Lear Sales and Engineering LLC		49			49			49
Tacle Seating USA, LLC		49			49			49
Beijing Lear Dymos Automotive Systems Co., Ltd. (China)		40			40			40
Dymos Lear Automotive India Private Limited (India)		35			35			35
International Automotive Components Group North America, LLC		23			23			23
TS Lear Automotive Sdn Bhd. (Malaysia)		—			—			46

Summarized Group Financial Information for Affiliates Accounted for Under Equity Method


December 31,	2012		2011
Balance sheet data:
Current assets	$	1,729.8	$	1,561.6
Non-current assets		875.3		1,004.9
Current liabilities		1,395.0		1,303.9
Non-current liabilities		703.9		649.9


For the year ended December 31,	2012			2011		2010
Income statement data:
Net sales	$	6,240.5		$	5,754.5	$	4,933.7
Gross profit		452.6			466.6		400.3
Income (loss) before provision for income taxes		(109.0	)		91.5		171.9
Net income (loss) attributable to affiliates		(76.1	)		56.7		146.2

Summary of Transaction with Affiliates and Other Related Parties

A summary of transactions with affiliates and other related parties is shown below (in millions):


For the year ended December 31,	2012		2011		2010
Sales to affiliates	$	93.1	$	96.2	$	81.0
Purchases from affiliates		141.9		134.0		134.9
Management and other fees for services provided to affiliates		23.0		13.8		11.1
Dividends received from affiliates		14.4		43.6		7.4

Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2012

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

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


December 31,	2012					2011
Debt Instrument	Long-Term Debt		Weighted Average Interest Rate			Long-Term Debt		Weighted Average Interest Rate
7.875% Senior Notes due 2018	$	313.4		8.00	%	$	347.9		8.00	%
8.125% Senior Notes due 2020		312.9		8.25	%		347.5		8.25	%

Long-term debt	$	626.3				$	695.4

Redemption Prices


Twelve-Month Period Commencing March 15,	2018 Notes			2020 Notes
2014		103.938	%		N/A
2015		101.969	%		104.063	%
2016		100.0	%		102.708	%
2017		100.0	%		101.354	%
2018 and thereafter		100.0	%		100.0	%

Subsequent Event

Redemption Prices

The Company may redeem the 2023 Notes, in whole or in part, on or after January 15, 2018, at the redemption prices set forth below, plus accrued and unpaid interest to the redemption date.


Twelve-Month Period Commencing January 15,	2023 Notes
2018		102.375	%
2019		101.583	%
2020		100.792	%
2021 and thereafter		100.0	%

- Definition

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.

+ References

Reference 1: 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 2: 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 3: 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 4: 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

Reference 5: 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 6: 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 7: 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 8: 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 9: 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 10: 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 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

+ Details

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Consolidated Income Before Provision (Benefit) for Income Taxes and Equity in Net Income of Affiliates and Components of Provision (Benefit) for Income Taxes


For the year ended December 31,	2012			2011			2010
Consolidated income before provision (benefit) for income taxes and equity in net income of affiliates:
Domestic	$	289.3		$	257.4		$	195.8
Foreign		359.6			358.3			253.0

	$	648.9		$	615.7		$	448.8

Domestic provision (benefit) for income taxes:
Current provision (benefit)	$	(4.1	)	$	17.6		$	15.5
Deferred provision (benefit)		(720.8	)		4.6			2.6

Total domestic provision (benefit)		(724.9	)		22.2			18.1

Foreign provision for income taxes:
Current provision		59.8			100.6			17.0
Deferred provision (benefit)		27.1			(54.0	)		(10.5	)

Total foreign provision		86.9			46.6			6.5

Provision (benefit) for income taxes	$	(638.0	)	$	68.8		$	24.6

Summary of Difference Between Provision (Benefit) for Income Taxes Calculated at United States Federal Statutory Income Tax Rate and Consolidated Provision (Benefit) for Income Taxes


For the year ended December 31,	2012			2011			2010
Consolidated income before provision (benefit) for income taxes and equity in net income of affiliates multiplied by the United States federal statutory income tax rate	$	227.1		$	215.5		$	157.1
Differences in income taxes on foreign earnings, losses and remittances		(15.5	)		(37.4	)		(35.4	)
Valuation allowance adjustments		(764.5	)		(60.8	)		(56.2	)
Tax credits		(43.5	)		(30.7	)		(19.1	)
Tax audits and assessments		(48.7	)		17.6			(30.8	)
Increase in tax loss carryforwards ⁽¹⁾		—			(22.4	)		(268.1	)
Increase in valuation allowance related to tax loss carryforwards ⁽¹⁾		—			22.4			268.1
Other		7.1			(35.4	)		9.0

Provision (benefit) for income taxes	$	(638.0	)	$	68.8		$	24.6

(1)

Summary of Components of Net Deferred Income Tax Asset


December 31,	2012			2011
Deferred income tax assets:
Tax loss carryforwards	$	708.3		$	806.9
Tax credit carryforwards		412.8			334.8
Retirement benefit plans		156.6			145.8
Accrued liabilities		115.8			106.4
Self-insurance reserves		11.3			10.4
Current asset basis differences		30.3			32.6
Long-term asset basis differences		(18.0	)		50.4
Deferred compensation		33.7			28.1
Recoverable customer engineering, development and tooling		(11.4	)		(5.7	)
Undistributed earnings of foreign subsidiaries		(53.8	)		(45.3	)
Derivative instruments and hedging		(7.0	)		1.8
Other		(0.7	)		0.4

		1,377.9			1,466.6
Valuation allowance		(628.2	)		(1,397.3	)

Net deferred income tax asset	$	749.7		$	69.3

Classification of Net Deferred Income Tax Asset

The classification of the net deferred income tax asset is shown below (in millions):


December 31,	2012			2011
Deferred income tax assets:
Current	$	166.0		$	57.8
Long-term		675.6			114.6
Deferred income tax liabilities:
Current		(19.1	)		(14.3	)
Long-term		(72.8	)		(88.8	)

Net deferred income tax asset	$	749.7		$	69.3

Summary of Changes in Gross Unrecognized Tax Benefits

A summary of the changes in gross unrecognized tax benefits is shown below (in millions):


For the year ended December 31,	2012			2011			2010
Balance at beginning of period	$	49.4		$	36.2		$	63.8
Additions based on tax positions related to current year		5.2			13.8			0.3
Additions (reductions) based on tax positions related to prior years		(18.5	)		4.4			(1.2	)
Settlements		—			—			(4.4	)
Statute expirations		(1.8	)		(2.6	)		(21.7	)
Foreign currency translation		0.1			(2.4	)		(0.6	)

Balance at end of period	$	34.4		$	49.4		$	36.2

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References + Details

Pension and Other Postretirement Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2012

Change in Benefit Obligation

A reconciliation of the change in benefit obligation and the change in plan assets for the years ended December 31, 2012 and 2011, is shown below (in millions):


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Change in benefit obligation:
Benefit obligation at beginning of period	$	533.9		$	416.1		$	441.6		$	478.7		$	113.0		$	70.9		$	111.4		$	66.7
Acquisition and other		87.1			55.5			—			—			—			—			—			—
Service cost		3.2			9.6			2.9			6.6			0.5			1.0			0.4			1.1
Interest cost		25.4			21.0			23.4			24.3			4.4			3.2			5.4			3.8
Amendments		—			—			—			1.1			(3.2	)		(3.3	)		—			—
Actuarial (gain) loss		28.9			14.2			86.2			56.7			(6.9	)		1.5			1.2			2.9
Benefits paid		(22.2	)		(21.6	)		(20.2	)		(29.4	)		(5.8	)		(1.9	)		(5.4	)		(1.8	)
Settlements		—			—			—			(112.9	)		—			—			—			—
Special termination benefits		—			—			—			—			—			0.3			—			0.1
Translation adjustment		—			14.4			—			(9.0	)		—			2.1			—			(1.9	)

Benefit obligation at end of period	$	656.3		$	509.2		$	533.9		$	416.1		$	102.0		$	73.8		$	113.0		$	70.9

Change in Plan Assets


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Change in plan assets:
Fair value of plan assets at beginning of period	$	329.9		$	314.0		$	335.2		$	447.4		$	—		$	—		$	—		$	—
Acquisition and other		46.8			37.8			—			—			—			—			—			—
Actual return on plan assets		46.3			31.2			(7.7	)		(10.6	)		—			—			—			—
Employer contributions		16.8			18.0			22.6			26.9			5.8			1.9			5.4			1.8
Benefits paid		(22.2	)		(21.6	)		(20.2	)		(29.4	)		(5.8	)		(1.9	)		(5.4	)		(1.8	)
Settlements		—			—			—			(112.9	)		—			—			—			—
Translation adjustment		—			11.2			—			(7.4	)		—			—			—			—

Fair value of plan assets at end of period	$	417.6		$	390.6		$	329.9		$	314.0		$	—		$	—		$	—		$	—

Funded status	$	(238.7	)	$	(118.6	)	$	(204.0	)	$	(102.1	)	$	(102.0	)	$	(73.8	)	$	(113.0	)	$	(70.9	)

Amounts Recognized in Consolidated Balance Sheet


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Amounts recognized in the consolidated balance sheet:
Other long-term assets	$	—		$	7.2		$	—		$	5.2		$	—		$	—		$	—		$	—
Accrued liabilities		(1.7	)		(3.3	)		(4.1	)		(2.9	)		(6.8	)		(2.9	)		(7.7	)		(2.4	)
Other long-term liabilities		(237.0	)		(122.5	)		(199.9	)		(104.4	)		(95.2	)		(70.9	)		(105.3	)		(68.5	)

Amounts Recognized in Comprehensive Income (Loss)

Pretax amounts recognized in comprehensive income (loss) for the years ended December 31, 2012 and 2011, are shown below (in millions):


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Actuarial losses recognized:
Reclassification adjustments	$	4.5		$	5.8		$	(0.1	)	$	17.4		$	(1.8	)	$	0.3		$	0.3		$	0.1
Actuarial gain (loss) arising during the period		(11.0	)		(14.3	)		(120.2	)		(96.0	)		6.9			(1.5	)		(1.2	)		(2.9	)
Prior service (cost) credit recognized:
Reclassification adjustments		—			—			—			—			(3.2	)		(0.2	)		—			—
Prior service credit arising during the period		—			—			—			—			3.2			3.3			—			—
Translation adjustment		—			(3.1	)		—			0.9			—			(0.3	)		—			0.2

	$	(6.5	)	$	(11.6	)	$	(120.3	)	$	(77.7	)	$	5.1		$	1.6		$	(0.9	)	$	(2.6	)

Amounts Recorded in Accumulated Other Comprehensive Loss Not Yet Recognized in Net Periodic Benefit Cost

Pretax amounts recorded in accumulated other comprehensive loss not yet recognized in net periodic benefit cost as of December 31, 2012 and 2011, are shown below (in millions):


	Pension												Other Postretirement
	December 31, 2012						December 31, 2011						December 31, 2012						December 31, 2011
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign
Net unrecognized actuarial loss	$	(144.9	)	$	(121.5	)	$	(138.4	)	$	(109.9	)	$	(3.9	)	$	(11.0	)	$	(9.0	)	$	(9.5	)
Prior service credit		—			—			—			—			—			3.1			—			—

	$	(144.9	)	$	(121.5	)	$	(138.4	)	$	(109.9	)	$	(3.9	)	$	(7.9	)	$	(9.0	)	$	(9.5	)

Amounts Recorded in Accumulated Other Comprehensive Loss That Are Expected To Be Recognized As Components of Net Periodic Benefit Cost in Next Fiscal Year


	Pension						Other Postretirement
	U.S.			Foreign			U.S.		Foreign
Net unrecognized actuarial gain (loss)	$	(4.1	)	$	(6.5	)	$	0.1	$	(0.3	)
Prior service credit		—			—			—		0.4

	$	(4.1	)	$	(6.5	)	$	0.1	$	0.1

Pension Plan Assets by Asset Category

The Company’s pension plan assets by asset category are shown below (in millions). Pension plan assets for the foreign plans relate to the Company’s pension plans in Canada and the United Kingdom.


December 31,	2012		2011
Equity securities:
Domestic plans	$	245.2	$	196.1
Foreign plans		215.9		157.7
Debt securities:
Domestic plans		118.4		82.6
Foreign plans		136.4		113.8
Alternative investments:
Domestic plans		45.1		43.5
Foreign plans		28.1		30.7
Cash and other:
Domestic plans		8.9		7.7
Foreign plans		10.2		11.8

Expected Future Benefit Payments


	Pension				Other Postretirement
Year	U.S.		Foreign		U.S.		Foreign
2013	$	19.9	$	20.0	$	6.8	$	2.9
2014		21.0		19.9		6.9		2.4
2015		22.7		20.2		7.0		2.5
2016		23.9		20.4		7.1		2.6
2017		25.4		21.2		7.0		2.8
Five years thereafter		145.9		123.5		33.7		16.5

Pension Protection Act

Contributions to Multiemployer Pension Plan

Zone Status

Employer Identification Number

December 31,
2012
Certification

December 31,
2011
Certification

FIP/RP
Pending or
Implemented

Surcharge

Year Ended
December 31,
2012

Year Ended
December 31,
2011

Year Ended
December 31,
2010

516099782-001

Unavailable

⁽¹⁾

Green

0.5

⁽³⁾

0.9

13-6130178

Unavailable

⁽²⁾

Red

Yes

0.1

—

(1)	As of December 31, 2011, the date of the most recent plan financial statements provided, total plan assets exceeded the plan accumulated benefit obligation.

(2)	As of December 31, 2011, the date of the most recent plan financial statements provided, total plan assets were less than 65% of the plan accumulated benefit obligation.

(3)	Contributions made by the Company represent more than 5% of total contributions.

Benefit Obligation

Weighted Average Actuarial Assumptions Used

The weighted average actuarial assumptions used in determining the benefit obligations are shown below:


	Pension						Other Postretirement
December 31,	2012			2011			2012			2011
Discount rate:
Domestic plans		4.1	%		4.5	%		3.7	%		4.0	%
Foreign plans		4.3	%		4.6	%		4.4	%		4.5	%
Rate of compensation increase:
Foreign plans		4.2	%		3.6	%		N/A			N/A

Net Periodic Benefit Cost

Weighted Average Actuarial Assumptions Used

The weighted average actuarial assumptions used in determining the net periodic benefit cost are shown below:


For the year ended December 31,	2012			2011			2010
Pension
Discount rate:
Domestic plans		4.5	%		5.5	%		6.0	%
Foreign plans		4.8	%		5.2	%		5.9	%
Expected return on plan assets:
Domestic plans		8.0	%		8.0	%		8.0	%
Foreign plans		6.7	%		6.9	%		6.9	%
Rate of compensation increase:
Foreign plans		5.2	%		3.6	%		3.7	%
Other postretirement
Discount rate:
Domestic plans		4.0	%		5.0	%		5.5	%
Foreign plans		4.5	%		5.6	%		6.6	%

Pension Plans, Defined Benefit

Components of Net Periodic Benefit Cost

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


	Year Ended December 31,
Pension	2012						2011						2010
	U.S.			Foreign			U.S			Foreign			U.S.			Foreign
Service cost	$	3.2		$	9.6		$	2.9		$	6.6		$	3.2		$	4.7
Interest cost		25.4			21.0			23.4			24.3			23.1			23.7
Expected return on plan assets		(28.4	)		(23.1	)		(26.2	)		(30.3	)		(23.5	)		(27.4	)
Amortization of actuarial loss		3.9			5.8			—			0.3			—			—
Settlement (gain) loss		0.6			—			(0.1	)		17.1			(0.1	)		—
Curtailment loss, net		—			—			—			—			—			3.5

Net periodic benefit cost	$	4.7		$	13.3		$	—		$	18.0		$	2.7		$	4.5

Other Postretirement Benefit Plans, Defined Benefit

Components of Net Periodic Benefit Cost

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


	Year Ended December 31,
Other Postretirement	2012						2011				2010
	U.S.			Foreign			U.S		Foreign		U.S.		Foreign
Service cost	$	0.5		$	1.0		$	0.4	$	1.1	$	0.5	$	0.8
Interest cost		4.4			3.2			5.4		3.8		5.5		3.6
Amortization of actuarial loss		0.3			0.3			0.3		0.1		—		—
Amortization of prior service credit		—			(0.2	)		—		—		—		—
Special termination benefits		—			0.4			—		0.1		—		0.1
Settlement gain		(5.4	)		—			—		—		—		—

Net periodic benefit cost (credit)	$	(0.2	)	$	4.7		$	6.1	$	5.1	$	6.0	$	4.5

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2012

Stock Option, Performance Share and Restricted Stock Unit

A summary of restricted stock unit and performance share transactions during the years ended December 31, 2012, 2011 and 2010, is shown below:


	Restricted Stock Units					Performance Shares
				Weighted Average Grant Date Fair Value ⁽¹⁾					Weighted Average Grant Date Fair Value ⁽¹⁾
Outstanding as of January 1, 2010		2,573,538					—
Granted		206,736		$	35.15		—
Distributed (vested)		(896,696	)				—
Cancelled		(28,650	)				—

Outstanding as of December 31, 2010		1,854,928					—
Granted		181,836		$	54.88		529,880		$	55.15
Distributed (vested)		(875,902	)				—
Cancelled		(22,446	)				(32,282	)

Outstanding as of December 31, 2011		1,138,416					497,598
Granted		419,954		$	43.23		774,957		$	45.21
Distributed (vested)		(872,645	)				—
Cancelled		(16,266	)				(177,166	)

Outstanding as of December 31, 2012		669,459					1,095,389

(1)	The grant date fair values of restricted stock units and performance shares are based on the share price on the grant date.

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Changes in Reserves for Product Liability and Warranty Claims

A summary of the changes in reserves for product liability and warranty claims for each of the periods in the two years ended December 31, 2012, is shown below (in millions):


Balance as of January 1, 2011	$	43.6
Expense, net, including changes in estimates		(2.2	)
Settlements		(18.7	)
Foreign currency translation and other		0.7

Balance as of December 31, 2011		23.4
Expense, net, including changes in estimates		5.3
Settlements		(7.3	)
Foreign currency translation and other		1.3

Balance as of December 31, 2012	$	22.7

Summary of Leases Commitments

A summary of lease commitments as of December 31, 2012, under non-cancelable operating leases with terms exceeding one year is shown below (in millions):


2013	$	84.7
2014		65.6
2015		52.6
2016		45.5
2017		39.4
2018 and thereafter		68.5

Total	$	356.3

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Segment Financial Information

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


	Year Ended December 31, 2012
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	11,029.6	$	3,537.4	$	—		$	14,567.0
Segment earnings ⁽¹⁾		661.7		254.9		(211.4	)		705.2
Depreciation and amortization		152.6		78.4		8.5			239.5
Capital expenditures		290.7		158.1		9.5			458.3
Total assets		4,341.9		1,432.2		2,420.0			8,194.1


	Year Ended December 31, 2011
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	10,943.0	$	3,213.5	$	—		$	14,156.5
Segment earnings ⁽¹⁾		703.7		185.1		(209.2	)		679.6
Depreciation and amortization		146.5		92.3		7.5			246.3
Capital expenditures		184.0		139.4		6.1			329.5
Total assets		3,697.9		1,255.0		2,058.0			7,010.9


	Year Ended December 31, 2010
	Seating		EPMS		Other			Consolidated
Revenues from external customers	$	9,395.3	$	2,559.3	$	—		$	11,954.6
Segment earnings ⁽¹⁾		655.0		100.5		(217.1	)		538.4
Depreciation and amortization		145.7		83.9		6.3			235.9
Capital expenditures		114.2		71.1		8.0			193.3
Total assets		3,491.1		1,052.2		2,077.8			6,621.1

(1)	See definition in Note 2, “Summary of Significant Accounting Policies — Segment Reporting.”

Reconciliation of Segment Earnings to Consolidated Income (Loss) Before Provision (Benefit) for Income Taxes and Equity in Net (Income) Loss of Affiliates

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


For the year ended December 31,	2012			2011			2010
Segment earnings	$	916.6		$	888.8		$	755.5
Corporate and regional headquarters and elimination of intercompany activity (“Other”)		(211.4	)		(209.2	)		(217.1	)

Consolidated income before interest, other expense, provision (benefit) for income taxes and equity in net income of affiliates		705.2			679.6			538.4
Interest expense		49.9			39.7			55.4
Other expense, net		6.4			24.2			34.2

Consolidated income before provision (benefit) for income taxes and equity in net income of affiliates	$	648.9		$	615.7		$	448.8

Revenues From External Customers and Tangible Long-lived Assets for Each of Geographic Areas in Which Company Operates

Revenues from external customers and tangible long-lived assets for each of the geographic areas in which the Company operates is shown below (in millions):


For the year ended December 31,	2012		2011		2010
Revenues from external customers:
United States	$	2,891.4	$	2,542.2	$	2,137.1
Germany		2,142.4		2,522.5		2,110.5
Mexico		1,991.8		1,659.0		1,435.0
China		1,467.6		1,363.0		1,144.9
Other countries		6,073.8		6,069.8		5,127.1

Total	$	14,567.0	$	14,156.5	$	11,954.6


December 31,	2012		2011
Tangible long-lived assets:
United States	$	213.4	$	152.5
Germany		151.5		123.8
Mexico		236.7		180.8
China		131.8		86.4
Other countries		669.7		528.5

Total	$	1,403.1	$	1,072.0

Summary of Percentage of Revenues from Major Customers

The following is a summary of the percentage of revenues from major customers:


For the year ended December 31,	2012			2011			2010
General Motors		21.1	%		18.8	%		20.9	%
Ford		19.8			19.4			18.2
BMW		10.6			11.6			10.9

- Definition

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.

+ References + Details

Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Fair Value of Outstanding Foreign Currency Derivative Contracts and Related Classification

The fair value of outstanding foreign currency derivative contracts and the related classification in the accompanying consolidated balance sheets are shown below (in millions):


December 31,	2012			2011
Contracts qualifying for hedge accounting:
Other current assets	$	22.3		$	0.2
Other long-term assets		0.5			—
Other current liabilities		(2.8	)		(38.1	)
Other long-term liabilities		(0.1	)		(1.2	)

		19.9			(39.1	)

Contracts not qualifying for hedge accounting:
Other current assets		0.1			—
Other current liabilities		(0.1	)		(5.4	)

		—			(5.4	)

	$	19.9		$	(44.5	)

Fair Value Measurements and 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 December 31, 2012 and 2011, are shown below (in millions):


December 31, 2012
	Frequency		Asset (Liability)		Valuation Technique		Level 1		Level 2		Level 3
Foreign currency derivative contracts		Recurring	$	19.9		Market/Income	$	—	$	19.9	$	—


December 31, 2011
	Frequency		Asset (Liability)			Valuation Technique		Level 1		Level 2			Level 3
Foreign currency derivative contracts		Recurring	$	(44.5	)		Market/Income	$	—	$	(44.5	)	$	—
Commodity swap contracts		Recurring	$	(0.3	)		Market/Income	$	—	$	(0.3	)	$	—

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):


For the year ended December 31,	2012		2011
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$	0.1	$	(0.5	)
Losses reclassified from accumulated other comprehensive loss		0.2		0.2

Comprehensive income (loss)	$	0.3	$	(0.3	)

Fair Value of Outstanding Commodity Swap Contracts and Related Classification

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


December 31,	2011
Contracts qualifying for hedge accounting:
Other current liabilities	$	(0.3	)

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):


For the year ended December 31,	2012		2011			2010
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$	55.8	$	(50.4	)	$	9.5
(Gains) losses reclassified from accumulated other comprehensive loss		3.2		12.6			(10.8	)

Comprehensive income (loss)	$	59.0	$	(37.8	)	$	(1.3	)

Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Data

Quarterly Financial Data (unaudited)

(In millions, except per share data)


	Thirteen Weeks Ended
	March 31, 2012		June 30, 2012		September 29, 2012		December 31, 2012

Net sales	$	3,644.0	$	3,665.0	$	3,538.6	$	3,719.4
Gross profit		309.8		314.6		291.3		301.8
Consolidated net income		144.4		154.6		128.1		890.1
Net income attributable to Lear		134.1		145.4		121.4		881.9
Basic net income per share attributable to Lear		1.34		1.47		1.25		9.12
Diluted net income per share attributable to Lear		1.32		1.45		1.23		9.00


	Thirteen Weeks Ended
	April 2, 2011		July 2, 2011		October 1, 2011		December 31, 2011

Net sales	$	3,511.7	$	3,676.3	$	3,460.0	$	3,508.5
Gross profit		323.4		346.6		280.5		242.7
Consolidated net income		162.7		185.7		108.1		113.9
Net income attributable to Lear		156.0		177.5		100.7		106.5
Basic net income per share attributable to Lear		1.48		1.70		0.97		1.05
Diluted net income per share attributable to Lear		1.44		1.65		0.95		1.03

Supplemental Guarantor Condensed Consolidating Financial Statements (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Condensed Balance Sheet


December 31, 2012
	Lear			Guarantors		Non- guarantors		Eliminations			Consolidated
	(in millions)
Assets
Current Assets:
Cash and cash equivalents	$	481.4		$	0.1	$	920.7	$	—		$	1,402.2
Accounts receivable		47.7			358.4		1,634.6		—			2,040.7
Inventories		5.2			264.3		457.6		—			727.1
Other		162.9			70.2		470.4		—			703.5

Total current assets		697.2			693.0		3,483.3		—			4,873.5

Long-Term Assets:
Property, plant and equipment, net		91.5			273.3		1,038.3		—			1,403.1
Goodwill		23.5			400.8		322.2		—			746.5
Investments in subsidiaries		1,494.7			1,287.8		—		(2,782.5	)		—
Other		769.9			67.5		333.6		—			1,171.0

Total long-term assets		2,379.6			2,029.4		1,694.1		(2,782.5	)		3,320.6

Total assets	$	3,076.8		$	2,722.4	$	5,177.4	$	(2,782.5	)	$	8,194.1


Liabilities and Equity
Current Liabilities:
Accounts payable and drafts	$	114.3		$	555.2	$	1,563.5	$	—		$	2,233.0
Accrued liabilities		124.7			192.8		666.4		—			983.9

Total current liabilities		239.0			748.0		2,229.9		—			3,216.9

Long-Term Liabilities:
Long-term debt		626.3			—		—		—			626.3
Intercompany accounts, net		(1,471.3	)		447.6		1,023.7		—			—
Other		195.7			179.5		363.5		—			738.7

Total long-term liabilities		(649.3	)		627.1		1,387.2		—			1,365.0

Equity:
Lear Corporation stockholders’ equity		3,487.1			1,347.3		1,435.2		(2,782.5	)		3,487.1
Noncontrolling interests		—			—		125.1		—			125.1

Equity		3,487.1			1,347.3		1,560.3		(2,782.5	)		3,612.2

Total liabilities and equity	$	3,076.8		$	2,722.4	$	5,177.4	$	(2,782.5	)	$	8,194.1


December 31, 2011
	Lear			Guarantors		Non- guarantors		Eliminations			Consolidated
	(in millions)
Assets
Current Assets:
Cash and cash equivalents	$	820.3		$	0.1	$	933.9	$	—		$	1,754.3
Accounts receivable		56.6			298.9		1,524.6		—			1,880.1
Inventories		7.7			234.1		396.0		—			637.8
Other		91.6			26.2		371.5		—			489.3

Total current assets		976.2			559.3		3,226.0		—			4,761.5

Long-Term Assets:
Property, plant and equipment, net		93.5			161.2		817.3		—			1,072.0
Goodwill		23.5			303.9		301.2		—			628.6
Investments in subsidiaries		628.2			1,025.7		—		(1,653.9	)		—
Other		117.2			28.9		402.7		—			548.8

Total long-term assets		862.4			1,519.7		1,521.2		(1,653.9	)		2,249.4

Total assets	$	1,838.6		$	2,079.0	$	4,747.2	$	(1,653.9	)	$	7,010.9


Liabilities and Equity
Current Liabilities:
Accounts payable and drafts	$	104.5		$	461.4	$	1,448.4	$	—		$	2,014.3
Accrued liabilities		149.6			157.1		742.5		—			1,049.2

Total current liabilities		254.1			618.5		2,190.9		—			3,063.5

Long-Term Liabilities:
Long-term debt		695.4			—		—		—			695.4
Intercompany accounts, net		(1,749.3	)		669.9		1,079.4		—			—
Other		202.0			149.0		339.9		—			690.9

Total long-term liabilities		(851.9	)		818.9		1,419.3		—			1,386.3

Equity:
Lear Corporation stockholders’ equity		2,436.4			641.6		1,012.3		(1,653.9	)		2,436.4
Noncontrolling interests		—			—		124.7		—			124.7

Equity		2,436.4			641.6		1,137.0		(1,653.9	)		2,561.1

Total liabilities and equity	$	1,838.6		$	2,079.0	$	4,747.2	$	(1,653.9	)	$	7,010.9

Schedule of Condensed Income Statement


Year Ended December 31, 2012
	Lear			Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Net sales	$	483.7		$	5,850.1		$	12,484.6		$	(4,251.4	)	$	14,567.0
Cost of sales		555.6			5,295.3			11,750.0			(4,251.4	)		13,349.5
Selling, general and administrative expenses		213.8			38.0			227.5			—			479.3
Amortization of intangible assets		1.7			2.8			28.5			—			33.0
Intercompany charges		4.6			1.8			(6.4	)		—			—
Interest expense		2.3			21.8			25.8			—			49.9
Other intercompany (income) expense, net		(252.5	)		116.5			136.0			—			—
Other expense, net		2.9			2.4			1.1			—			6.4


Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries		(44.7	)		371.5			322.1			—			648.9
Provision (benefit) for income taxes		(714.9	)		141.7			(64.8	)		—			(638.0	)
Equity in net income of affiliates		(6.1	)		(3.6	)		(20.6	)		—			(30.3	)
Equity in net income of subsidiaries		(606.5	)		(192.6	)		—			799.1			—


Consolidated net income		1,282.8			426.0			407.5			(799.1	)		1,317.2
Less: Net income attributable to noncontrolling interests		—			—			34.4			—			34.4


Net income attributable to Lear	$	1,282.8		$	426.0		$	373.1		$	(799.1	)	$	1,282.8


Consolidated comprehensive income	$	1,314.0		$	475.6		$	410.9		$	(850.9	)	$	1,349.6
Less: Comprehensive income attributable to noncontrolling interests		—			—			35.6			—			35.6


Comprehensive income attributable to Lear	$	1,314.0		$	475.6		$	375.3		$	(850.9	)	$	1,314.0


Year Ended December 31, 2011
	Lear			Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in millions)
Net sales	$	389.5		$	5,231.9		$	12,668.7		$	(4,133.6	)	$	14,156.5
Cost of sales		489.0			4,764.2			11,843.7			(4,133.6	)		12,963.3
Selling, general and administrative expenses		189.7			12.8			283.1			—			485.6
Amortization of intangible assets		1.7			—			26.3			—			28.0
Intercompany charges		4.2			2.4			(6.6	)		—			—
Interest expense		—			24.5			15.2			—			39.7
Other intercompany (income) expense, net		(395.0	)		203.8			191.2			—			—
Other expense, net		3.4			15.3			5.5			—			24.2


Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries		96.5			208.9			310.3			—			615.7
Provision (benefit) for income taxes		17.0			4.7			47.1			—			68.8
Equity in net income of affiliates		1.1			(3.0	)		(21.6	)		—			(23.5	)
Equity in net income of subsidiaries		(462.3	)		(247.0	)		—			709.3			—


Consolidated net income		540.7			454.2			284.8			(709.3	)		570.4
Less: Net income attributable to noncontrolling interests		—			—			29.7			—			29.7


Net income attributable to Lear	$	540.7		$	454.2		$	255.1		$	(709.3	)	$	540.7


Consolidated comprehensive income	$	286.7		$	373.2		$	179.9		$	(520.9	)	$	318.9
Less: Comprehensive income attributable to noncontrolling interests		—			—			32.2			—			32.2


Comprehensive income attributable to Lear	$	286.7		$	373.2		$	147.7		$	(520.9	)	$	286.7


Year Ended December 31, 2010
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(in millions)
Net sales	$	291.0		$	4,373.0		$	10,719.3		$	(3,428.7	)	$	11,954.6
Cost of sales		402.4			3,926.4			10,036.2			(3,428.7	)		10,936.3
Selling, general and administrative expenses		200.8			10.6			241.3			—			452.7
Amortization of intangible assets		1.7			—			25.5			—			27.2
Intercompany charges		4.1			3.5			(7.6	)		—			—
Interest expense		10.1			41.2			4.1			—			55.4
Other intercompany (income) expense, net		(286.1	)		150.1			136.0			—			—
Other expense, net		20.4			(6.3	)		20.1			—			34.2


Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries		(62.4	)		247.5			263.7			—			448.8
Provision (benefit) for income taxes		13.3			1.2			10.1			—			24.6
Equity in net income of affiliates		(3.7	)		(1.3	)		(32.2	)		—			(37.2	)
Equity in net income of subsidiaries		(510.3	)		(184.5	)		—			694.8			—


Consolidated net income		438.3			432.1			285.8			(694.8	)		461.4
Less: Net income attributable to noncontrolling interests		—			—			23.1			—			23.1


Net income attributable to Lear	$	438.3		$	432.1		$	262.7		$	(694.8	)	$	438.3


Consolidated comprehensive income	$	361.6		$	415.7		$	244.0		$	(634.1	)	$	387.2
Less: Comprehensive income attributable to noncontrolling interests		—			—			25.6			—			25.6


Comprehensive income attributable to Lear	$	361.6		$	415.7		$	218.4		$	(634.1	)	$	361.6

Schedule of Condensed Cash Flow Statement


Year Ended December 31, 2012
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(in millions)
Net Cash Provided by Operating Activities	$	(35.4	)	$	334.0		$	431.2		$	—	$	729.8


Cash Flows from Investing Activities:
Additions to property, plant and equipment		(11.3	)		(97.4	)		(349.6	)		—		(458.3	)
Insurance proceeds		—			—			19.2			—		19.2
Cash paid for acquisitions, net of cash acquired		(243.9	)		—			—			—		(243.9	)
Other, net		0.4			6.3			(11.6	)		—		(4.9	)

Net cash used in investing activities		(254.8	)		(91.1	)		(342.0	)		—		(687.9	)


Cash Flows from Financing Activities:
Repurchase of senior notes		(72.1	)		—			—			—		(72.1	)
Repurchase of common stock		(222.8	)		—			—			—		(222.8	)
Dividends paid to Lear Corporation stockholders		(54.6	)		—			—			—		(54.6	)
Dividends paid to noncontrolling interests		—			—			(23.1	)		—		(23.1	)
Change in intercompany accounts		306.9			(242.9	)		(64.0	)		—		—
Other, net		(6.1	)		—			(17.4	)		—		(23.5	)

Net cash used in financing activities		(48.7	)		(242.9	)		(104.5	)		—		(396.1	)


Effect of foreign currency translation		—			—			2.1			—		2.1

Net Change in Cash and Cash Equivalents		(338.9	)		—			(13.2	)		—		(352.1	)
Cash and Cash Equivalents at Beginning of Period		820.3			0.1			933.9			—		1,754.3

Cash and Cash Equivalents at End of Period	$	481.4		$	0.1		$	920.7		$	—	$	1,402.2


Year Ended December 31, 2011
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(in millions)
Net Cash Provided by Operating Activities	$	180.4		$	212.4		$	397.5		$	—	$	790.3


Cash Flows from Investing Activities:
Additions to property, plant and equipment		(10.5	)		(57.8	)		(261.2	)		—		(329.5	)
Insurance proceeds		—			—			3.5			—		3.5
Cash paid for acquisitions, net of cash acquired		—			—			(8.4	)		—		(8.4	)
Other, net		23.2			1.9			6.1			—		31.2

Net cash used in investing activities		12.7			(55.9	)		(260.0	)		—		(303.2	)


Cash Flows from Financing Activities:
Payment of debt issuance and other financing costs		(4.8	)		—			—			—		(4.8	)
Other long-term debt repayments, net		—			—			(1.1	)		—		(1.1	)
Short-term repayments, net		—			—			(4.0	)		—		(4.0	)
Repurchase of common stock		(279.1	)		—			—			—		(279.1	)
Dividends paid to Lear Corporation stockholders		(51.1	)		—			—			—		(51.1	)
Dividends paid to noncontrolling interests		—			—			(18.5	)		—		(18.5	)
Change in intercompany accounts		167.1			(156.8	)		(10.3	)		—		—
Other, net		(13.7	)		—			—			—		(13.7	)

Net cash used in financing activities		(181.6	)		(156.8	)		(33.9	)		—		(372.3	)


Effect of foreign currency translation		—			—			(14.6	)		—		(14.6	)

Net Change in Cash and Cash Equivalents		11.5			(0.3	)		89.0			—		100.2
Cash and Cash Equivalents at Beginning of Period		808.8			0.4			844.9			—		1,654.1

Cash and Cash Equivalents at End of Period	$	820.3		$	0.1		$	933.9		$	—	$	1,754.3


Year Ended December 31, 2010
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(in millions)
Net Cash Provided by Operating Activities	$	(54.6	)	$	333.1		$	343.4		$	—	$	621.9


Cash Flows from Investing Activities:
Additions to property, plant and equipment		(15.5	)		(42.3	)		(135.5	)		—		(193.3	)
Other, net		(3.8	)		2.1			2.9			—		1.2

Net cash used in investing activities		(19.3	)		(40.2	)		(132.6	)		—		(192.1	)


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	)
Payment of debt issuance and other financing costs		(17.6	)		—			—			—		(17.6	)
Other long-term debt repayments, net		—			—			(9.3	)		—		(9.3	)
Short-term repayments, net		—			—			(34.0	)		—		(34.0	)
Dividends paid to noncontrolling interests		—			—			(16.2	)		—		(16.2	)
Change in intercompany accounts		558.7			(292.6	)		(266.1	)		—		—
Other, net		(12.8	)		—			(0.3	)		—		(13.1	)

Net cash used in financing activities		297.8			(292.6	)		(325.9	)		—		(320.7	)


Effect of foreign currency translation		—			—			(9.0	)		—		(9.0	)

Net Change in Cash and Cash Equivalents		223.9			0.3			(124.1	)		—		100.1
Cash and Cash Equivalents at Beginning of Period		584.9			0.1			969.0			—		1,554.0

Cash and Cash Equivalents at End of Period	$	808.8		$	0.4		$	844.9		$	—	$	1,654.1

Long-Term Debt of Lear and Guarantors

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):


December 31,	2012		2011
Senior notes	$	626.3	$	695.4

Summary of Significant Accounting Policies - Additional information (Detail) $ in Millions	1 Months Ended	12 Months Ended
	Nov. 10, 2010	Dec. 31, 2012 USD ($) Segment	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($) shares
Significant Accounting Policies [Line Items]
Allowance for doubtful accounts		$ 35.4	$ 30.7
Reserve of inventory		89.8	86.1
Capitalized pre-production E&D costs		201.5	176.6
Capitalized pre-production tooling costs related to customer-owned tools		164.7	166.8
Cash collected related to E&D and tooling costs		346.8	325.8
Depreciation expense		206.6	218.3	$ 208.7
Fixed asset impairment charges		6.5	2.2	7.2
New product development costs		$ 104.3	110.7	$ 81.4
Average participating securities \| shares				3,544,837
Preferred shares converted in to common stock shares \| shares				7,089,674
Stock split ratio	2	2		2
Reportable operating segments \| Segment		2
Maximum
Significant Accounting Policies [Line Items]
Cash equivalents maturity period		90 days
Corporate and regional headquarters and elimination of intercompany activity ("Other")
Significant Accounting Policies [Line Items]
Fixed asset impairment charges		$ 0.5	1.2	$ 3.6
Restructuring Charges
Significant Accounting Policies [Line Items]
Fixed asset impairment charges		$ 6.0	$ 1.0	$ 3.6

Summary of Inventories (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Inventory Disclosure [Line Items]
Raw materials	$ 582.2	$ 520.1
Work-in-process	37.4	36.0
Finished goods	107.5	81.7
Inventories	$ 727.1	$ 637.8

Classification of Recoverable Customer Engineering, Development and Tooling Costs related to Long-Term Supply Agreements (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Pre Production Costs Related to Long Term Supply Arrangements [Line Items]
Current	$ 141.8	$ 96.0
Long-term	55.0	64.2
Recoverable customer engineering, development and Tooling	$ 196.8	$ 160.2

Estimated Useful Lives of Assets (Detail)	12 Months Ended
Estimated Useful Lives of Assets (Detail)	Dec. 31, 2012
Building and improvements \| Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	10 years
Building and improvements \| Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	40 years
Machinery and Equipment \| Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	5 years
Machinery and Equipment \| Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment useful life	10 years

Summary of Property, Plant and Equipment (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Property, Plant and Equipment [Line Items]
Land	$ 114.0	$ 106.1
Buildings and improvements	475.1	406.1
Machinery and equipment	1,306.6	988.6
Construction in progress	139.6	3.3
Total property, plant and equipment	2,035.3	1,504.1
Less - accumulated depreciation	(632.2)	(432.1)
Net property, plant and equipment	$ 1,403.1	$ 1,072.0

- Definition

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.

+ References + Details

Summary of Changes in Carrying Amount of Goodwill (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Goodwill [Line Items]
Beginning balance	$ 628.6
Ending balance	746.5	$ 628.6
Seating
Goodwill [Line Items]
Beginning balance	628.6	614.6
Acquisition	113.9	15.0
Foreign currency translation and other	4.0	(1.0)
Ending balance	$ 746.5	$ 628.6

- Definition

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.

+ References

Reference 1: 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=14024403&loc=d3e13816-109267

Reference 2: 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 3: 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 4: 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 5: 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 6: 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 7: 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 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.

+ Details

Summary Of Intangible Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 256.8	$ 202.7
Accumulated Amortization	(92.5)	(60.4)
Net Carrying Value	$ 164.3	$ 142.3
Weighted Average Useful Life (years)	8 years	7 years 1 month 6 days
Technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 32.2	$ 20.1
Accumulated Amortization	(9.0)	(5.6)
Net Carrying Value	$ 23.2	$ 14.5
Weighted Average Useful Life (years)	8 years 9 months 18 days	7 years 8 months 12 days
Customer-based
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 224.6	$ 182.6
Accumulated Amortization	(83.5)	(54.8)
Net Carrying Value	$ 141.1	$ 127.8
Weighted Average Useful Life (years)	7 years 9 months 18 days	7 years

Expected Annual Amortization Expense (Detail) $ in Millions	Dec. 31, 2012 USD ($)
Expected Amortization Expense [Line Items]
2013	$ 34.3
2014	34.3
2015	34.3
2016	29.9
2017	$ 7.9

Summary Of Other (Income) Expense, Net (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Components of Other Income (Expense) [Line Items]
Other expense	$ 33.9	$ 27.8	$ 37.2
Other income	(27.5)	(3.6)	(3.0)
Other expense, net	$ 6.4	$ 24.2	$ 34.2

Summary of Information Used to Compute Basic Net Income Per Share (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 29, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Oct. 01, 2011	Jul. 02, 2011	Apr. 02, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income attributable to Lear	$ 881.9	$ 121.4	$ 145.4	$ 134.1	$ 106.5	$ 100.7	$ 177.5	$ 156.0	$ 1,282.8	$ 540.7	$ 438.3
Less: Undistributed earnings allocated to participating securities											(30.5)
Net income available to Lear common shareholders									$ 1,282.8	$ 540.7	$ 407.8
Average common shares outstanding									98,388,228	103,750,223	94,814,044
Basic net income per share attributable to Lear	$ 9.12	$ 1.25	$ 1.47	$ 1.34	$ 1.05	$ 0.97	$ 1.70	$ 1.48	$ 13.04	$ 5.21	$ 4.30

- Definition

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

+ References

Reference 1: 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 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 1
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-Paragraph 52
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-Name Accounting Standards Codification
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-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
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-Name Accounting Standards Codification
-Topic 942
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04.23)
-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

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

Reference 8: 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 9: 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.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 20
-Article 5

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9

+ Details

- Definition

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

+ References

Reference 1: 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 2: 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 3: 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 4: 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

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-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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: 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 8: 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=20435746&loc=d3e565-108580

Reference 9: 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 10: 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 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A7
-Appendix A

Reference 12: 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 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 14: 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 15: 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 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

+ Details

- Definition

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.

+ References

Reference 1: 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 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256

Reference 3: 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 4: 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.

Reference 5: 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 6: 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 7: 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.

+ Details

Summary of Information Used to Compute Diluted Net Income Per Share (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 29, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Oct. 01, 2011	Jul. 02, 2011	Apr. 02, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net income attributable to Lear	$ 881.9	$ 121.4	$ 145.4	$ 134.1	$ 106.5	$ 100.7	$ 177.5	$ 156.0	$ 1,282.8	$ 540.7	$ 438.3
Average common shares outstanding									98,388,228	103,750,223	94,814,044
Dilutive effect of common stock equivalents									1,437,458	2,594,144	13,308,106
Average diluted shares outstanding									99,825,686	106,344,367	108,122,150
Diluted net income per share attributable to Lear	$ 9.00	$ 1.23	$ 1.45	$ 1.32	$ 1.03	$ 0.95	$ 1.65	$ 1.44	$ 12.85	$ 5.08	$ 4.05

- Definition

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.

+ References + Details

- Definition

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

+ References

+ Details

- Definition

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.

+ References + Details

- Definition

+ References

+ Details

Acquisition - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	May 31, 2012	Dec. 31, 2012	Dec. 31, 2011
Business Acquisition [Line Items]
Purchase price		$ 243.9	$ 8.4
Guilford Mills
Business Acquisition [Line Items]
Acquisition date	May 31, 2012
Purchase price	$ 243.9
Purchase price adjustments	0.7
Acquisition related Costs		$ 5.0
Sales	$ 400.0
Acquired intangible assets, weighted average useful life	10 years
Trade payable due to entity acquired	$ 8.9

Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	May 31, 2012	Dec. 31, 2012	Dec. 31, 2011
Business Acquisition [Line Items]
Purchase price paid to former owner, net of cash acquired		$ 243.9	$ 8.4
Guilford Mills
Business Acquisition [Line Items]
Purchase price paid to former owner, net of cash acquired	$ 243.9
Purchase price adjustments	(0.7)
Net purchase price	243.2
Property, plant and equipment	89.9
Other assets purchased and liabilities assumed, net	(16.6)
Goodwill	113.9
Intangible assets	56.0
Preliminary purchase price allocation	$ 243.2

Restructuring - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Restructuring Cost and Reserve [Line Items]
Cost of sales	$ 13,349.5	$ 12,963.3	$ 10,936.3
Selling, general and administrative expenses	479.3	485.6	452.7
Other (income) expense, net	(6.4)	(24.2)	(34.2)
Asset impairment charges	6.0	1.0	3.6
Restructuring reserve period expense		17.1	3.0
Restructuring Charges
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense	55.1	68.2	63.9
Cost of sales	44.8	64.3	56.9
Selling, general and administrative expenses	10.4	4.5	7.0
Other (income) expense, net	(0.1)	(0.6)
Expected restructuring cost	28.9
Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense	45.4	44.5	51.0
Intangible asset and property, plant and equipment fair value adjustments
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense	6.0	1.0	3.6
Contract termination costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense	1.9	19.6	3.4
Contract termination costs \| Pension and other postretirement benefit plan
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense		17.1	3.0
Contract termination costs \| Other Various Contract Termination Costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense		2.5	0.4
Other related costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense	$ 1.8	$ 3.1	$ 5.9

Summary of Restructuring Activities (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Restructuring Charges Excluding Pension OPEB Charges
Restructuring Cost and Reserve [Line Items]
Accrual as of beginning of period	$ 62.5	$ 42.1	$ 83.1
Current year charges	55.1	51.1	60.9
Utilization Cash	(67.4)	(29.7)	(98.3)
Utilization Non-cash	(6.0)	(1.0)	(3.6)
Accrual as of end of period	44.2	62.5	42.1
Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Current year charges	45.4	44.5	51.0
Employee termination benefits \| Restructuring Charges Excluding Pension OPEB Charges
Restructuring Cost and Reserve [Line Items]
Accrual as of beginning of period	56.8	38.4	79.8
Current year charges	45.4	44.5	51.0
Utilization Cash	(63.7)	(26.1)	(92.4)
Accrual as of end of period	38.5	56.8	38.4
Intangible asset and property, plant and equipment fair value adjustments
Restructuring Cost and Reserve [Line Items]
Current year charges	6.0	1.0	3.6
Intangible asset and property, plant and equipment fair value adjustments \| Restructuring Charges Excluding Pension OPEB Charges
Restructuring Cost and Reserve [Line Items]
Current year charges	6.0	1.0	3.6
Utilization Non-cash	(6.0)	(1.0)	(3.6)
Contract termination costs
Restructuring Cost and Reserve [Line Items]
Current year charges	1.9	19.6	3.4
Contract termination costs \| Restructuring Charges Excluding Pension OPEB Charges
Restructuring Cost and Reserve [Line Items]
Accrual as of beginning of period	5.7	3.7	3.3
Current year charges	1.9	2.5	0.4
Utilization Cash	(1.9)	(0.5)
Accrual as of end of period	5.7	5.7	3.7
Other related costs
Restructuring Cost and Reserve [Line Items]
Current year charges	1.8	3.1	5.9
Other related costs \| Restructuring Charges Excluding Pension OPEB Charges
Restructuring Cost and Reserve [Line Items]
Current year charges	1.8	3.1	5.9
Utilization Cash	$ (1.8)	$ (3.1)	$ (5.9)

Beneficial Ownership in Affiliates Accounted for Under Equity Method (Detail)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Nov. 30, 2010
Shanghai Lear STEC Automotive Parts Co., Ltd. (China)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	55.00%	55.00%	55.00%
Industrias Cousin Freres, S.L. (Spain)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	50.00%	50.00%	50.00%
Lear Dongfeng Automotive Seating Co., Ltd. (China)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	50.00%	50.00%	50.00%
Dong Kwang Lear Yuhan Hoesa (Korea)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	50.00%	50.00%	50.00%
Jiangxi Jiangling Lear Interior Systems Co., Ltd. (China)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	50.00%	50.00%	50.00%
Beijing BAI Lear Automotive Systems Co., Ltd. (China)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	50.00%	50.00%	50.00%
Beijing Lear Automotive Electronics and Electrical Products Co., Ltd. (China)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	50.00%	50.00%	50.00%
Changchun Lear FAW Sihuan Automotive Electrical and Electronics Co., Ltd. (China)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	49.00%	49.00%	49.00%
Changchun Lear FAW Sihuan Automotive Seat Systems Co., Ltd. (China)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	49.00%	49.00%
Honduras Electrical Distribution Systems S. de R.L. de C.V. (Honduras)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	49.00%	49.00%	49.00%
Kyungshin-Lear Sales and Engineering LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	49.00%	49.00%	49.00%
Tacle Seating USA, LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	49.00%	49.00%	49.00%
Beijing Lear Dymos Automotive Systems Co., Ltd. (China)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	40.00%	40.00%	40.00%
Dymos Lear Automotive India Private Limited (India)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	35.00%	35.00%	35.00%
International Automotive Components Group North America, LLC
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates	22.88%	22.88%	22.88%	18.75%
TS Lear Automotive Sdn Bhd. (Malaysia)
Schedule of Equity Method Investments [Line Items]
Ownership percentage of affiliates		90.00%	46.00%

Summarized Group Financial Information for Affiliates Accounted for Under Equity Method (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Schedule of Equity Method Investments [Line Items]
Current assets	$ 1,729.8	$ 1,561.6
Non-current assets	875.3	1,004.9
Current liabilities	1,395.0	1,303.9
Non-current liabilities	703.9	649.9
Net sales	6,240.5	5,754.5	$ 4,933.7
Gross profit	452.6	466.6	400.3
Income (loss) before provision for income taxes	(109.0)	91.5	171.9
Net income (loss) attributable to affiliates	$ (76.1)	$ 56.7	$ 146.2

- Definition

The amount of current assets reported by an equity method investment of the entity.

+ References

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-Name Accounting Standards Codification
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+ Details

- Definition

The amount of current liabilities reported by an equity method investment of the entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 18
-Paragraph 20
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph g
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+ Details

- Definition

The amount of gross profit (loss) reported by an equity method investment of the entity.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
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-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph w
-Article 1

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-Section 08
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-Name Statement of Financial Accounting Standard (FAS)
-Number 159
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-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
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+ Details

- Definition

The amount of net income (loss) reported by an equity method investment of the entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
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-Number 210
-Section 02
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-Number 159
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-Number 210
-Section 08
-Paragraph g
-Subparagraph 1, 2
-Article 4

+ Details

- Definition

The amount of noncurrent assets reported by an equity method investment of the entity.

+ References

+ Details

- Definition

The amount of noncurrent liabilities reported by an equity method investment of the entity.

+ References

+ Details

Investments in Affiliates and Other Related Party Transactions - Additional Information (Detail) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2013 USD ($)	Dec. 31, 2010 USD ($) Entity	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Mar. 31, 2011	Nov. 30, 2010
Related Party Transaction [Line Items]
Investment in Affiliates			$ 177.8	$ 148.2
Due From Affiliates			45.4	38.9
Due to Affiliates			$ 22.7	$ 23.4
Number of company's affiliates accounted for under the equity method that were combined \| Entity		2
Tacle Seating USA, LLC
Related Party Transaction [Line Items]
Percentage of Debt Guaranteed			49.00%
Amount of Debt Guaranteed			$ 0.5
Equity method investment ownership interest		49.00%	49.00%	49.00%
TS Lear Automotive Sdn Bhd. (Malaysia)
Related Party Transaction [Line Items]
Equity method investment ownership interest acquired					44.00%
Equity method investment ownership interest		46.00%		90.00%
International Automotive Components Group North America, LLC
Related Party Transaction [Line Items]
Equity method investment ownership interest		22.88%	22.88%	22.88%		18.75%
International Automotive Components Group North America, LLC \| Scenario, Forecast
Related Party Transaction [Line Items]
Proceeds from sale of equity investments	$ 50.0
International Automotive Components Group, LLC
Related Party Transaction [Line Items]
Equity method investment ownership interest						30.00%
Furukawa Lear Corporation
Related Party Transaction [Line Items]
Proceeds from sale of equity investments		$ 2.1
Gain on sale of equity investment		$ 1.8

Summary of Transaction with Affiliates and Other Related Parties (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Related Party Transaction [Line Items]
Sales to affiliates	$ 93.1	$ 96.2	$ 81.0
Purchases from affiliates	141.9	134.0	134.9
Management and other fees for services provided to affiliates	23.0	13.8	11.1
Dividends received from affiliates	$ 14.4	$ 43.6	$ 7.4

Short-Term Borrowings - Additional Information (Detail) - Other Short-Term Borrowings - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Short-term Debt [Line Items]
Line of credit facility borrowing capacity	$ 6.1	$ 6.3
Line of credit facility amount outstanding	$ 0.0	$ 0.0

Summary of Long-Term Debt and Related Weighted Average Interest Rates (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Long-term debt	$ 626.3	$ 695.4
7.875% Senior Notes due 2018
Debt Instrument [Line Items]
Long-term debt	$ 313.4	$ 347.9
Weighted Average Interest Rate	8.00%	8.00%
8.125% Senior Notes due 2020
Debt Instrument [Line Items]
Long-term debt	$ 312.9	$ 347.5
Weighted Average Interest Rate	8.25%	8.25%

Summary of Long-Term Debt and Related Weighted Average Interest Rates (Parenthetical) (Detail)	1 Months Ended	12 Months Ended
	Mar. 26, 2010	Dec. 31, 2012	Dec. 31, 2011
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	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	Mar. 15, 2020

Long-Term Debt - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended				3 Months Ended	12 Months Ended
	Jan. 30, 2013	Jan. 17, 2013	Aug. 24, 2012	Mar. 26, 2010	Mar. 31, 2013	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Feb. 08, 2013	Nov. 09, 2009
Debt Instrument [Line Items]
Repayment of term loans				$ 925.0
Redemption of senior note							$ 72.1
Loss on extinguishment of debt							$ (3.7)		$ (11.8)
Senior notes, redemption description							Prior to March 15, 2013, the Company may redeem up to 35% of the original aggregate principal amount of the 2018 Notes and the 2020 Notes at a price equal to 107.875% and 108.125%, respectively, of the principal amount thereof, plus accrued and unpaid interest to the redemption date, with the net cash proceeds of one or more equity offerings, provided that at least 65% of the original aggregate principal amount of each series of Notes remains outstanding after the redemption. The Company may also redeem all or part of the Notes at any time prior to March 15, 2014, in the case of the 2018 Notes, and March 15, 2015, in the case of the 2020 Notes, at a price equal to 100% of the principal amount thereof, plus accrued and unpaid interest to the redemption date and a “make-whole” premium. In addition, the Company may redeem up to 10% of the original aggregate principal amount of each series of Notes during any 12-month period prior to March 15, 2014, in the case of the 2018 Notes, and March 15, 2015, in the case of the 2020 Notes, at a price equal to 103% of the principal amount thereof, plus accrued and unpaid interest to the redemption date
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.
Payment of debt issuance costs								$ 4.8	17.6
First lien credit agreement											$ 375.0
Second lien credit agreement											$ 550.0
Loss on the extinguishment of debt									$ (11.8)
Line of Credit
Debt Instrument [Line Items]
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 December 31, 2012, the Company was in compliance with all covenants under the agreement governing the amended and restated credit agreement.
Line of Credit \| Minimum
Debt Instrument [Line Items]
Line of credit facility, facility fee							0.375%
Line of Credit \| Maximum
Debt Instrument [Line Items]
Line of credit facility, facility fee							0.50%
Line of Credit \| Domestic Subsidiaries
Debt Instrument [Line Items]
Percentage of stock secured on a first priority basis							100.00%
Line of Credit \| Foreign Subsidiaries
Debt Instrument [Line Items]
Percentage of stock secured on a first priority basis							65.00%
Line of Credit \| Eurocurrency Rate
Debt Instrument [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%
Line of Credit \| Base Rate
Debt Instrument [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%
Subsequent Event
Debt Instrument [Line Items]
Description of Notes restrictive covenants							Subject to certain exceptions, the indenture governing the 2023 Notes contains restrictive covenants that, among other things, limit the ability of the Company to (i) create or permit liens, (ii) enter into sale and leaseback transactions and (iii) consolidate or merge or sell all or substantially all of the Company's assets. The indenture governing the 2023 Notes also provides for customary events of default.
Subsequent Event \| Line of Credit
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 1,000.0
Debt instrument maturity date	January 2018
Subsequent Event \| Prior Senior Secured Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 500.0
7.875% Senior Notes due 2018
Debt Instrument [Line Items]
Long-term debt, aggregate principal amount							$ 315.0
Stated coupon rate							7.875%	7.875%
Notes issued date							Mar. 26, 2010	Mar. 26, 2010
Long-term debt, price							99.276%
Long-term debt, yield to maturity							8.00%	8.00%
Notes, payment terms							Interest is payable on the Notes on March 15 and September 15 of each year.
Maturity date				Mar. 15, 2018			Mar. 15, 2018	Mar. 15, 2018
Senior unsecured notes, redemption price							101.00%
Compliance with covenants under Notes							As of December 31, 2012, the Company was in compliance with all covenants under the indenture governing the Notes.
7.875% Senior Notes due 2018 \| Prior to March Fifteen Two Thousand Thirteen
Debt Instrument [Line Items]
Senior notes, redeemable percentage of the aggregate principal amount of the Notes in equity offerings							35.00%
Senior notes, redemption price percentage							107.875%
Outstanding original aggregate principal amount							65.00%
7.875% Senior Notes due 2018 \| Prior to March Fifteen Two Thousand Fourteen
Debt Instrument [Line Items]
Senior notes, redemption price percentage, make whole premium							100.00%
Senior notes, redeemable percentage of the aggregate principal amount of the Notes							10.00%
Senior unsecured notes, redemption price							103.00%
8.125% Senior Notes due 2020
Debt Instrument [Line Items]
Long-term debt, aggregate principal amount							$ 315.0
Stated coupon rate							8.125%	8.125%
Notes issued date							Mar. 26, 2010	Mar. 26, 2010
Long-term debt, price							99.164%
Long-term debt, yield to maturity							8.25%	8.25%
Notes, payment terms							Interest is payable on the Notes on March 15 and September 15 of each year.
Maturity date				Mar. 15, 2020			Mar. 15, 2020	Mar. 15, 2020
Senior unsecured notes, redemption price							101.00%
Compliance with covenants under Notes							As of December 31, 2012, the Company was in compliance with all covenants under the indenture governing the Notes.
8.125% Senior Notes due 2020 \| Prior to March Fifteen Two Thousand Thirteen
Debt Instrument [Line Items]
Senior notes, redeemable percentage of the aggregate principal amount of the Notes in equity offerings							35.00%
Senior notes, redemption price percentage							108.125%
Outstanding original aggregate principal amount							65.00%
8.125% Senior Notes due 2020 \| Prior to March Fifteen Two Thousand Fifteen
Debt Instrument [Line Items]
Senior notes, redemption price percentage, make whole premium							100.00%
Senior notes, redeemable percentage of the aggregate principal amount of the Notes							10.00%
Senior unsecured notes, redemption price							103.00%
Semi Annual Payment, First Payment
Debt Instrument [Line Items]
Notes interest payable date							March 15
Semi Annual Payment, Second Payment
Debt Instrument [Line Items]
Notes interest payable date							September 15
Senior Notes due 2023 \| Subsequent Event
Debt Instrument [Line Items]
Long-term debt, aggregate principal amount		$ 500.0
Stated coupon rate		4.75%
Notes issued date		Jan. 17, 2013
Notes, payment terms		Interest is payable on January 15 and July 15 of each year, beginning on July 15, 2013.
Maturity date		Jan. 15, 2023
Senior notes, redemption description							Prior to January 15, 2016, the Company may redeem up to 35% of the aggregate principal amount of the 2023 Notes, in an amount not to exceed the amount of net cash proceeds of one or more equity offerings, at a redemption price equal to 104.75% of the aggregate principal amount thereof, plus accrued and unpaid interest to the redemption date, provided that at least 65% of the original aggregate principal amount of the 2023 Notes remains outstanding after the redemption and any such redemption is made within 90 days after the closing of such equity offering. Prior to January 15, 2018, the Company may redeem the 2023 Notes, in whole or in part, at a redemption price equal to 100% of the aggregate principal amount thereof, plus a "make-whole" premium as of, and accrued and unpaid interest to, the redemption date.
Proceeds from issuance of debt		$ 493.4
Domestic subsidiaries ownership		100.00%
Senior Notes due 2023 \| Subsequent Event \| Prior to January Fifteen Two Thousand Eighteen
Debt Instrument [Line Items]
Senior notes, redemption price percentage, make whole premium							100.00%
Senior Notes due 2023 \| Subsequent Event \| Prior to January Fifteen Two Thousand Sixteen
Debt Instrument [Line Items]
Senior notes, redeemable percentage of the aggregate principal amount of the Notes in equity offerings							35.00%
Senior notes, redemption price percentage							104.75%
Outstanding original aggregate principal amount							65.00%
Redemption of notes							90 days
Redemption of Debt
Debt Instrument [Line Items]
Percentage of debt redemption			10.00%
Percentage of debt redemption price			103.00%
Redemption of senior note			$ 72.1
Loss on extinguishment of debt			$ (3.7)
Redemption of Debt \| Scenario, Forecast
Debt Instrument [Line Items]
Redemption of senior note					$ 72.0	$ 70.0
Loss on extinguishment of debt					$ (4.0)
Redemption of Debt \| Subsequent Event
Debt Instrument [Line Items]
Percentage of debt redemption										10.00%
Percentage of debt redemption price										103.00%

Redemption Prices (Detail)	Dec. 31, 2012
Senior Notes due 2023 \| Subsequent Event
Debt Instrument [Line Items]
2018	102.375%
2019	101.583%
2020	100.792%
2021 and thereafter	100.00%
7.875% Senior Notes due 2018
Debt Instrument [Line Items]
2014	103.938%
2015	101.969%
2016	100.00%
2017	100.00%
2018 and thereafter	100.00%
8.125% Senior Notes due 2020
Debt Instrument [Line Items]
2015	104.063%
2016	102.708%
2017	101.354%
2018 and thereafter	100.00%

Summary of Consolidated Income (Loss) Before Provision (Benefit) for Income Taxes and Equity in Net (Income) Loss of Affiliates and Components of Provision (Benefit) for Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Consolidated income before provision (benefit) for income taxes and equity in net income of affiliates:
Domestic	$ 289.3	$ 257.4	$ 195.8
Foreign	359.6	358.3	253.0
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries	648.9	615.7	448.8
Domestic provision (benefit) for income taxes:
Current provision (benefit)	(4.1)	17.6	15.5
Deferred provision (benefit)	(720.8)	4.6	2.6
Total domestic provision (benefit)	(724.9)	22.2	18.1
Foreign provision for income taxes:
Current provision	59.8	100.6	17.0
Deferred provision (benefit)	27.1	(54.0)	(10.5)
Total foreign provision	86.9	46.6	6.5
Provision (benefit) for income taxes	$ (638.0)	$ 68.8	$ 24.6

Income Taxes - Additional information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Income Taxes [Line Items]
Domestic provision (benefit)	$ 724.9	$ (22.2)	$ (18.1)
Unrecognized net operating loss carryforwards, domestic	104.8	87.8
Unrecognized net operating loss carryforwards, foreign	$ 4.6	$ 14.8
U.S. federal statutory income tax rate	35.00%	35.00%	35.00%
Foreign jurisdictions income with tax holidays	$ 99.2	$ 115.8	$ 164.4
Valuation allowance	628.2	1,397.3
Net Decrease of valuation allowance	769.1
Undistributed earnings on which deferred tax liability is not provided	707.1
Tax loss carryforwards	2,400.0
Tax loss carryforwards with no expiration date	1,600.0
Tax loss carryforwards with expiration date	$ 800.0
Tax loss carryforwards expiration dates	Expires between 2013 and 2032
Tax credit carryforwards	$ 412.8	334.8
Tax credit carryforwards expiration dates	Expire between 2013 and 2032
Decrease in deferred tax asset related to domestic net operating loss carryforwards	$ 16.9
Unrecognized income tax benefits that, if recognized, would affect the effective tax rate	34.4	49.4
Unrecognized tax benefits	34.4	49.4	36.2	$ 63.8
Unrecognized tax benefits, interest and penalties	6.2	11.8
Unrecognized income tax benefits that, if recognized, would affect the effective tax rates , interest and penalties	4.4	9.8
Net tax (benefit) expense, changes in reserves for interest and penalties	(4.1)	1.4	$ (12.1)
Decrease in unrecognized tax benefits, reasonably possible during the next twelve months	$ 7.5
Research & Development tax credit, available period to be carried forward	20 years
Certain transfer pricing items
Income Taxes [Line Items]
Domestic provision (benefit)	$ 24.2
U.S.
Income Taxes [Line Items]
Valuation allowance	41.0
International jurisdictions
Income Taxes [Line Items]
Valuation allowance	587.2
During Next 12 Months
Income Taxes [Line Items]
Unrecognized income tax benefits that, if recognized, would affect the effective tax rate	0.6
Accrued Liabilities
Income Taxes [Line Items]
Unrecognized tax benefits	$ 7.5	$ 17.8

Summary of Difference Between Provision (Benefit) for Income Taxes Calculated at United States Federal Statutory Income Tax Rate and Consolidated Provision (Benefit) for Income Taxes (Detail) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Reconciliation of Statutory Federal Tax Rate [Line Items]

Consolidated income before provision (benefit) for income taxes and equity in net income of affiliates multiplied by the United States federal statutory income tax rate

$ 227.1

$ 215.5

$ 157.1

Differences in income taxes on foreign earnings, losses and remittances

(15.5)

(37.4)

(35.4)

Valuation allowance adjustments

(764.5)

(60.8)

(56.2)

Tax credits

(43.5)

(30.7)

(19.1)

Tax audits and assessments

(48.7)

17.6

(30.8)

Increase in tax loss carryforwards

^[1]

(22.4)

(268.1)

Increase in valuation allowance related to tax loss carryforwards

^[1]

22.4

268.1

Other

7.1

(35.4)

9.0

Provision (benefit) for income taxes

$ (638.0)

$ 68.8

$ 24.6

[1]

Represents the increase in tax loss carryforwards resulting from the final determination of the Company's reorganization value for U.S. tax purposes, an international restructuring transaction and other matters, all of which are subject to a full valuation allowance as it is not more likely than not that the deferred tax assets will be realized.

Summary of Components of Net Deferred Income Tax Asset (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Deferred income tax assets:
Tax loss carryforwards	$ 708.3	$ 806.9
Tax credit carryforwards	412.8	334.8
Retirement benefit plans	156.6	145.8
Accrued liabilities	115.8	106.4
Self-insurance reserves	11.3	10.4
Current asset basis differences	30.3	32.6
Long-term asset basis differences	(18.0)	50.4
Deferred compensation	33.7	28.1
Recoverable customer engineering, development and tooling	(11.4)	(5.7)
Undistributed earnings of foreign subsidiaries	(53.8)	(45.3)
Derivative instruments and hedging	(7.0)	1.8
Other	(0.7)	0.4
Deferred Tax Assets, Gross, Total	1,377.9	1,466.6
Valuation allowance	(628.2)	(1,397.3)
Net deferred income tax asset	$ 749.7	$ 69.3

Classification Of Net Defered Income Tax Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Deferred income tax assets:
Current	$ 166.0	$ 57.8
Long-term	675.6	114.6
Deferred income tax liabilities:
Current	(19.1)	(14.3)
Long-term	(72.8)	(88.8)
Net deferred income tax asset	$ 749.7	$ 69.3

- Definition

Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer.

+ References + Details

- Definition

Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer).

+ References + Details

- Definition

Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed within one year or operating cycle, if longer.

+ References + Details

Summary of Changes in Gross Unrecognized Tax Benefits (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Reconciliation of Unrecognized Tax Benefits [Line Items]
Balance at beginning of period	$ 49.4	$ 36.2	$ 63.8
Additions based on tax positions related to current year	5.2	13.8	0.3
Additions (reductions) based on tax positions related to prior years	(18.5)	4.4	(1.2)
Settlements			(4.4)
Statute expirations	(1.8)	(2.6)	(21.7)
Foreign currency translation	0.1	(2.4)	(0.6)
Balance at end of period	$ 34.4	$ 49.4	$ 36.2

Pension and Other Postretirement Benefit Plans - Additional information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2012 USD ($) yr CompensationPlan Agreement	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Services completed by employees for eligibility, retiring age \| yr	55
Losses related to foreign defined benefit pension obligation settlement		$ 17.1	$ 3.0
Accumulated benefit obligation	$ 1,151.7	944.4
Projected benefit obligation of pension plans with accumulated benefit obligations in excess of plan assets	1,109.6	916.7
Accumulated benefit obligation of pension plans with accumulated benefit obligations in excess of plan assets	1,095.8	911.1
Fair value of plan assets of pension plans with accumulated benefit obligations in excess of plan assets	745.1	605.3
Tax benefits related to defined benefit plans recognized in comprehensive income (loss)	2.8	19.8	11.6
Postretirement benefit obligation effect of 1% increase in the assumed rate of healthcare cost	25.4
Net periodic postretirement benefit cost effect of 1% increase in the assumed rate of healthcare cost	1.4
Postretirement benefit obligation effect of 1% decrease in the assumed rate of healthcare cost	20.5
Net periodic postretirement benefit cost effect of 1% decrease in the assumed rate of healthcare cost	$ 1.2
Multi-employer pension plans \| CompensationPlan	2
Collective bargaining agreements	Contributions to these plans are based on three collective bargaining agreements. Two of the agreements expire on June 30, 2015, and one expires on April 24, 2015.
Number of collective bargaining agreements \| Agreement	3
Collective bargaining agreements expiration date	Jun. 30, 2015
Collective bargaining agreements expiration date	Apr. 24, 2015
U.S. Pension \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Minimum target percentage of asset allocation	50.00%
Maximum target percentage of asset allocation	75.00%
U.S. Pension \| Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Minimum target percentage of asset allocation	15.00%
Maximum target percentage of asset allocation	40.00%
U.S. Pension \| Alternative Investment Allocation
Defined Benefit Plan Disclosure [Line Items]
Minimum target percentage of asset allocation	0.00%
Maximum target percentage of asset allocation	30.00%
U.S. Pension \| Cash and other
Defined Benefit Plan Disclosure [Line Items]
Minimum target percentage of asset allocation	0.00%
Maximum target percentage of asset allocation	10.00%
Foreign Pension \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Minimum target percentage of asset allocation	45.00%
Maximum target percentage of asset allocation	65.00%
Foreign Pension \| Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Minimum target percentage of asset allocation	30.00%
Maximum target percentage of asset allocation	40.00%
Foreign Pension \| Alternative Investment Allocation
Defined Benefit Plan Disclosure [Line Items]
Minimum target percentage of asset allocation	0.00%
Maximum target percentage of asset allocation	20.00%
Foreign Pension \| Cash and other
Defined Benefit Plan Disclosure [Line Items]
Minimum target percentage of asset allocation	0.00%
Maximum target percentage of asset allocation	10.00%
Pension Plans, Defined Benefit \| Minimum
Defined Benefit Plan Disclosure [Line Items]
Estimated employer's contribution towards defined benefit plan in 2013	$ 20.0
Pension Plans, Defined Benefit \| Maximum
Defined Benefit Plan Disclosure [Line Items]
Estimated employer's contribution towards defined benefit plan in 2013	25.0
Defined Contribution Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Defined contribution expense	7.6	7.4	7.5
Defined Contribution Retirement Program
Defined Benefit Plan Disclosure [Line Items]
Defined contribution expense	$ 13.4	$ 14.8	$ 16.0
U.S. Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
Healthcare costs trend rate assumed in 2012	8.00%
Healthcare costs trend rate grading down over time	4.50%
Years that reaches ultimate trend rate	2020
Foreign Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
Healthcare costs trend rate assumed in 2012	6.00%
Healthcare costs trend rate grading down over time	4.50%
Years that reaches ultimate trend rate	2031

Reconciliation of Change in Benefit Obligation and Change in Plan Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
U.S. Pension
Change in benefit obligation:
Benefit obligation at beginning of period	$ 533.9	$ 441.6
Acquisition and other	87.1
Service cost	3.2	2.9	$ 3.2
Interest cost	25.4	23.4	23.1
Actuarial (gain) loss	28.9	86.2
Benefits paid	(22.2)	(20.2)
Benefit obligation at end of period	656.3	533.9	441.6
Change in plan assets:
Fair value of plan assets at beginning of period	329.9	335.2
Acquisition and other	46.8
Actual return on plan assets	46.3	(7.7)
Employer contributions	16.8	22.6
Benefits paid	(22.2)	(20.2)
Fair value of plan assets at end of period	417.6	329.9	335.2
Funded status	(238.7)	(204.0)
Amounts recognized in the consolidated balance sheet:
Accrued liabilities	(1.7)	(4.1)
Other long-term liabilities	(237.0)	(199.9)
Foreign Pension
Change in benefit obligation:
Benefit obligation at beginning of period	416.1	478.7
Acquisition and other	55.5
Service cost	9.6	6.6	4.7
Interest cost	21.0	24.3	23.7
Amendments		1.1
Actuarial (gain) loss	14.2	56.7
Benefits paid	(21.6)	(29.4)
Settlements		(112.9)
Translation adjustment	14.4	(9.0)
Benefit obligation at end of period	509.2	416.1	478.7
Change in plan assets:
Fair value of plan assets at beginning of period	314.0	447.4
Acquisition and other	37.8
Actual return on plan assets	31.2	(10.6)
Employer contributions	18.0	26.9
Benefits paid	(21.6)	(29.4)
Settlements		(112.9)
Translation adjustment	11.2	(7.4)
Fair value of plan assets at end of period	390.6	314.0	447.4
Funded status	(118.6)	(102.1)
Amounts recognized in the consolidated balance sheet:
Other long-term assets	7.2	5.2
Accrued liabilities	(3.3)	(2.9)
Other long-term liabilities	(122.5)	(104.4)
U.S. Other Postretirement
Change in benefit obligation:
Benefit obligation at beginning of period	113.0	111.4
Service cost	0.5	0.4	0.5
Interest cost	4.4	5.4	5.5
Amendments	(3.2)
Actuarial (gain) loss	(6.9)	1.2
Benefits paid	(5.8)	(5.4)
Benefit obligation at end of period	102.0	113.0	111.4
Change in plan assets:
Employer contributions	5.8	5.4
Benefits paid	(5.8)	(5.4)
Funded status	(102.0)	(113.0)
Amounts recognized in the consolidated balance sheet:
Accrued liabilities	(6.8)	(7.7)
Other long-term liabilities	(95.2)	(105.3)
Foreign Other Postretirement
Change in benefit obligation:
Benefit obligation at beginning of period	70.9	66.7
Service cost	1.0	1.1	0.8
Interest cost	3.2	3.8	3.6
Amendments	(3.3)
Actuarial (gain) loss	1.5	2.9
Benefits paid	(1.9)	(1.8)
Special termination benefits	0.3	0.1
Translation adjustment	2.1	(1.9)
Benefit obligation at end of period	73.8	70.9	$ 66.7
Change in plan assets:
Employer contributions	1.9	1.8
Benefits paid	(1.9)	(1.8)
Funded status	(73.8)	(70.9)
Amounts recognized in the consolidated balance sheet:
Accrued liabilities	(2.9)	(2.4)
Other long-term liabilities	$ (70.9)	$ (68.5)

Amounts Recognized in Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
U.S. Pension
Actuarial losses recognized:
Reclassification adjustments	$ 4.5	$ (0.1)
Actuarial gain (loss) arising during the period	(11.0)	(120.2)
Prior service (cost) credit recognized:
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss), Net Gain (Loss), before Tax, Total	(6.5)	(120.3)
Foreign Pension
Actuarial losses recognized:
Reclassification adjustments	5.8	17.4
Actuarial gain (loss) arising during the period	(14.3)	(96.0)
Prior service (cost) credit recognized:
Translation adjustment	(3.1)	0.9
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss), Net Gain (Loss), before Tax, Total	(11.6)	(77.7)
U.S. Other Postretirement
Actuarial losses recognized:
Reclassification adjustments	(1.8)	0.3
Actuarial gain (loss) arising during the period	6.9	(1.2)
Prior service (cost) credit recognized:
Reclassification adjustments	(3.2)
Prior service credit arising during the period	3.2
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss), Net Gain (Loss), before Tax, Total	5.1	(0.9)
Foreign Other Postretirement
Actuarial losses recognized:
Reclassification adjustments	0.3	0.1
Actuarial gain (loss) arising during the period	(1.5)	(2.9)
Prior service (cost) credit recognized:
Reclassification adjustments	(0.2)
Prior service credit arising during the period	3.3
Translation adjustment	(0.3)	0.2
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss), Net Gain (Loss), before Tax, Total	$ 1.6	$ (2.6)

Amounts Recorded in Accumulated Other Comprehensive Loss Not Yet Recognized in Net Periodic Benefit Cost (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
Net unrecognized actuarial loss	$ (144.9)	$ (138.4)
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), before Tax, Total	(144.9)	(138.4)
Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
Net unrecognized actuarial loss	(121.5)	(109.9)
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), before Tax, Total	(121.5)	(109.9)
U.S. Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
Net unrecognized actuarial loss	(3.9)	(9.0)
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), before Tax, Total	(3.9)	(9.0)
Foreign Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
Net unrecognized actuarial loss	(11.0)	(9.5)
Prior service credit	3.1
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), Net Gains (Losses), before Tax, Total	$ (7.9)	$ (9.5)

- Definition

The pretax net amount of gains and losses that are not yet recognized as a component of net periodic benefit cost, and that are recognized as increases or decreases in other comprehensive income as they arise. Gains and losses are due to changes in the value of either the benefit obligation or the plan assets resulting from experience different from that assumed or from a change in an actuarial assumption, or the consequence of a decision to temporarily deviate from the substantive plan.

+ References + Details

- Definition

Amount related to the pretax cost of benefit changes attributable to plan participants' prior service pursuant to a plan amendment or a plan initiation, which has not yet been recognized as components of net periodic benefit cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Glossary Prior Service Cost
-URI http://asc.fasb.org/extlink&oid=6521920

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (j)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 10A
-Subparagraph (j)
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669646-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 30
-Glossary Prior Service Cost
-URI http://asc.fasb.org/extlink&oid=6521884

Reference 5: 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 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-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 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 Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph i
-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.

+ Details

Pretax Amounts Recorded in Accumulated Other Comprehensive Loss That Are Expected To Be Recognized As Components of Net Periodic Benefit Cost in Next Fiscal Year (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2012 USD ($)
U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
Net unrecognized actuarial gain (loss)	$ (4.1)
Total amounts recorded in accumulated other comprehensive loss that is expected to be recognized in the subsequent year	(4.1)
Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
Net unrecognized actuarial gain (loss)	(6.5)
Total amounts recorded in accumulated other comprehensive loss that is expected to be recognized in the subsequent year	(6.5)
U.S. Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
Net unrecognized actuarial gain (loss)	0.1
Total amounts recorded in accumulated other comprehensive loss that is expected to be recognized in the subsequent year	0.1
Foreign Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
Net unrecognized actuarial gain (loss)	(0.3)
Prior service credit	0.4
Total amounts recorded in accumulated other comprehensive loss that is expected to be recognized in the subsequent year	$ 0.1

Components of Net Periodic Benefit Costs (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
U.S. Pension
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 3.2	$ 2.9	$ 3.2
Interest cost	25.4	23.4	23.1
Expected return on plan assets	(28.4)	(26.2)	(23.5)
Amortization of actuarial loss	3.9
Settlement (gain) loss	0.6	(0.1)	(0.1)
Net periodic benefit cost	4.7		2.7
Foreign Pension
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	9.6	6.6	4.7
Interest cost	21.0	24.3	23.7
Expected return on plan assets	(23.1)	(30.3)	(27.4)
Amortization of actuarial loss	5.8	0.3
Settlement (gain) loss		17.1
Curtailment loss, net			3.5
Net periodic benefit cost	13.3	18.0	4.5
U.S. Other Postretirement
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	0.5	0.4	0.5
Interest cost	4.4	5.4	5.5
Amortization of actuarial loss	0.3	0.3
Settlement (gain) loss	(5.4)
Net periodic benefit cost	(0.2)	6.1	6.0
Foreign Other Postretirement
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	1.0	1.1	0.8
Interest cost	3.2	3.8	3.6
Amortization of actuarial loss	0.3	0.1
Amortization of prior service credit	(0.2)
Special termination benefits	0.4	0.1	0.1
Net periodic benefit cost	$ 4.7	$ 5.1	$ 4.5

Weighted Average Actuarial Assumptions Used (Detail)	12 Months Ended
Weighted Average Actuarial Assumptions Used (Detail)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
U.S. Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.70%	4.00%
Discount rate	4.00%	5.00%	5.50%
Foreign Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.40%	4.50%
Discount rate	4.50%	5.60%	6.60%
U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.10%	4.50%
Discount rate	4.50%	5.50%	6.00%
Expected return on plan assets	8.00%	8.00%	8.00%
Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.30%	4.60%
Rate of compensation increase	4.20%	3.60%
Discount rate	4.80%	5.20%	5.90%
Expected return on plan assets	6.70%	6.90%	6.90%
Rate of compensation increase	5.20%	3.60%	3.70%

Pension Plan Assets by Asset Category (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	$ 417.6	$ 329.9	$ 335.2
Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	390.6	314.0	$ 447.4
Equity Securities \| U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	245.2	196.1
Equity Securities \| Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	215.9	157.7
Debt Securities \| U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	118.4	82.6
Debt Securities \| Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	136.4	113.8
Alternative Investments \| U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	45.1	43.5
Alternative Investments \| Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	28.1	30.7
Cash and other \| U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	8.9	7.7
Cash and other \| Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
Pension plan assets	$ 10.2	$ 11.8

- Definition

Assets, usually stocks, bonds, and other investments, that have been segregated and restricted (usually in a trust) to provide benefits, at their fair value as of the measurement date. Plan assets include amounts contributed by the employer (and by employees for a contributory plan) and amounts earned from investing the contributions, less benefits paid. If a plan has liabilities other than for benefits, those non-benefit obligations may be considered as reductions of plan assets.

+ References + Details

Expected Future Benefit Payments (Detail) $ in Millions	Dec. 31, 2012 USD ($)
U.S. Pension
Defined Benefit Plan Disclosure [Line Items]
2013	$ 19.9
2014	21.0
2015	22.7
2016	23.9
2017	25.4
Five years thereafter	145.9
Foreign Pension
Defined Benefit Plan Disclosure [Line Items]
2013	20.0
2014	19.9
2015	20.2
2016	20.4
2017	21.2
Five years thereafter	123.5
U.S. Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
2013	6.8
2014	6.9
2015	7.0
2016	7.1
2017	7.0
Five years thereafter	33.7
Foreign Other Postretirement
Defined Benefit Plan Disclosure [Line Items]
2013	2.9
2014	2.4
2015	2.5
2016	2.6
2017	2.8
Five years thereafter	$ 16.5

Information Related to Multi-Employer Pension Plans (Detail) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

516099782-001

Multiemployer Plans [Line Items]

Employer Identification Number

516099782

Pension Protection Act Zone status Certification

^[1]

Green

FIP/RP Pending or Implemented

Surcharge

Contributions to Multiemployer Pension Plan

$ 0.5

^[2]

$ 0.9

13-6130178

Multiemployer Plans [Line Items]

Employer Identification Number

136130178

Pension Protection Act Zone status Certification

^[3]

Red

FIP/RP Pending or Implemented

Implemented

Surcharge

Yes

Contributions to Multiemployer Pension Plan

$ 0.1

[1]	As of December 31, 2011, the date of the most recent plan financial statements provided, total plan assets exceeded the plan accumulated benefit obligation.
[2]	Contributions made by the Company represent more than 5% of total contributions
[3]	As of December 31, 2011, the date of the most recent plan financial statements provided, total plan assets were less than 65% of the plan accumulated benefit obligation.

Information Related to Multi-Employer Pension Plans (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2011
13-6130178
Multiemployer Plans [Line Items]
Total plan assets as percentage of accumulated benefit obligation	Less than 65 percent
Minimum
Multiemployer Plans [Line Items]
Contributions made by the Company as percentage of total contributions	5.00%

Capital Stock and Equity - Additional Information (Detail) $ / shares in Units, $ in Millions	1 Months Ended					3 Months Ended								12 Months Ended
	Feb. 12, 2013 USD ($)	Feb. 07, 2013 $ / shares	Jan. 31, 2013 USD ($)	Mar. 17, 2011 USD ($) $ / shares	Nov. 10, 2010 shares	Dec. 31, 2012 Vote $ / shares $ / Right shares	Sep. 29, 2012 $ / shares	Jun. 30, 2012 $ / shares	Mar. 31, 2012 $ / shares	Dec. 31, 2011 $ / shares shares	Oct. 01, 2011 $ / shares	Jun. 02, 2011 $ / shares	Apr. 02, 2011 $ / shares	Dec. 31, 2012 USD ($) Vote $ / shares $ / Right shares	Dec. 31, 2011 USD ($) $ / shares shares	Dec. 31, 2010	Nov. 09, 2009 USD ($) yr $ / shares $ / Right shares
Stockholders Equity Note [Line Items]
Common stock, shares authorized						300,000,000				300,000,000				300,000,000	300,000,000
Common stock holders voting right, vote per outstanding share \| Vote						1								1
Transfer from additional paid-in- capital to common stock \| $				$ 0.5
Common stock, par value \| $ / shares				$ 0.01		$ 0.01				$ 0.01				$ 0.01	$ 0.01
Common stock, share repurchase program amount \| $														$ 998.0
Common stock, share repurchased after split														5,357,443	6,182,429
Common stock, at an average purchase price excluding commission \| $ / shares														$ 41.59	$ 45.15
Repurchase of common stock \| $														$ 222.8	$ 279.1
Cash dividends declared per share \| $ / shares						$ 0.140	$ 0.140	$ 0.140	$ 0.140	$ 0.125	$ 0.125	$ 0.125	$ 0.125
Dividends declared to Lear Corporation stockholders \| $														56.1	52.9
Dividends paid to Lear Corporation stockholders \| $														$ 54.6	$ 51.1
Preferred stock, shares authorized					100,000,000	100,000,000				100,000,000				100,000,000	100,000,000
Series A convertible preferred stock,par value \| $ / shares						$ 0.01								$ 0.01
Common stock issued from the Series A Convertible Preferred Stock Conversion					2,941,576
Issuable shares of common stock, after giving effect to the two-for-one stock split					18,850,924
Stock split ratio					2									2		2
Preferred stock, shares outstanding						0				0				0	0
Warrants outstanding						377,091				396,102				377,091	396,102		8,157,249
Exercisable of warrants into common stock						754,182				792,204				754,182	792,204
Fair value of Warrants \| $																	$ 305.9
Exercise price of Warrants \| $ / Right						0.005								0.005			0.005
Warrants fair value assumptions, implied stock price \| $ / shares																	$ 19.36
Warrants fair value assumptions, expected volatility																	60.00%
Warrants fair value assumptions, expected dividend rate																	0.00%
Warrants fair value assumptions, expected risk free interest rate																	2.30%
Warrants fair value assumptions, expected term \| yr																	5
Warrants fair value assumptions, aggregate common stock and warrants value \| $																	$ 1,636.2
Warrant expiration date						Nov. 09, 2014								Nov. 09, 2014			Nov. 09, 2014
Stock Repurchase Program, One
Stockholders Equity Note [Line Items]
Common stock, share repurchased after split														11,539,872	6,182,429
Common stock, at an average purchase price excluding commission \| $ / shares														$ 43.50	$ 45.15
Stock Repurchase Program, Two
Stockholders Equity Note [Line Items]
Common stock, share repurchased after split														5,357,443
Common stock, at an average purchase price excluding commission \| $ / shares														$ 41.59
Prior Authorization
Stockholders Equity Note [Line Items]
Common stock, share repurchase program amount \| $														$ 198.0
Subsequent Event
Stockholders Equity Note [Line Items]
Common Stock Share Repurchase Program, description			The Company's Board of Directors authorized an increase to the Company's existing common stock share repurchase program, which permits the discretionary repurchase of the Company's common stock, to provide for aggregate repurchases of $1.5 billion and extended the term of the program to January 10, 2016.
Common stock, share repurchase program amount \| $	$ 600.0		$ 1,500.0
Subsequent Event \| Dividend Declared
Stockholders Equity Note [Line Items]
Dividends payable, per share \| $ / shares		$ 0.17
Dividend declared date		Feb. 07, 2013
Dividend payable date		Mar. 20, 2013
Dividend record date		Mar. 01, 2013

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Nov. 09, 2009
Compensation Related Costs Disclosure [Line Items]
Shares of common stock reserved for issuance under the 2009 Long-Term Stock Incentive Plan				11,815,748
Compensation expense	$ 38.9	$ 33.6	$ 21.8
Unrecognized compensation expense	$ 40.5
Unrecognized compensation expense, period of recognition	1 year 7 months 6 days
Performance Shares
Compensation Related Costs Disclosure [Line Items]
Vesting period	3 years

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

Summary of Restricted Stock Unit and Performance Share Transaction (Detail) - $ / shares

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Restricted stock units

Number of Shares

Outstanding beginning balance

1,138,416

1,854,928

2,573,538

Granted

419,954

181,836

206,736

Distributed (vested)

(872,645)

(875,902)

(896,696)

Cancelled

(16,266)

(22,446)

(28,650)

Outstanding at end of period

669,459

1,138,416

1,854,928

Weighted average grant date fair value

Granted

^[1]

$ 43.23

$ 54.88

$ 35.15

Performance Shares

Number of Shares

Outstanding beginning balance

497,598

Granted

774,957

529,880

Cancelled

(177,166)

(32,282)

Outstanding at end of period

1,095,389

497,598

Weighted average grant date fair value

Granted

^[1]

$ 45.21

$ 55.15

[1]	The grant date fair values of restricted stock units and performance shares are based on the share price on the grant date.

Commitments and Contingencies - Additional Information (Detail) $ in Millions	3 Months Ended	12 Months Ended			15 Months Ended
	Oct. 01, 2011 Facility	Dec. 31, 2012 USD ($) Person	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2012 USD ($) Person
Commitments and Contingencies Disclosure [Line Items]
Reserves for pending legal disputes, including commercial disputes and other matters		$ 12.8	$ 17.0		$ 12.8
Environmental Reserves		5.2	2.8		5.2
Number of production facilities destroyed by fire \| Facility	1
Incurred losses and incremental costs related to the destruction of assets caused by a fire		34.4			58.4
Insurance proceeds		66.4			79.0
Insurance proceeds, operating activities		47.2			56.3
Insurance proceeds, investing activities		$ 19.2	3.5		$ 22.7
Percentage employees that are members of collective bargaining agreements		61.00%			61.00%
Rent Expense		$ 108.8	$ 99.2	$ 80.2
Unionized Workforce Subject to Labor Agreement Expiring in 2013
Commitments and Contingencies Disclosure [Line Items]
Percentage employees that are members of collective bargaining agreements		82.00%			82.00%
Number of employees \| Person		69,000			69,000
Unionized Workforce Subject to Labor Agreement Expiring in 2013 \| United States And Canada
Commitments and Contingencies Disclosure [Line Items]
Percentage employees that are members of collective bargaining agreements		5.00%			5.00%
Cost of Sales
Commitments and Contingencies Disclosure [Line Items]
Insurance recoveries		$ 49.0			$ 59.1
Other (Income) Expense
Commitments and Contingencies Disclosure [Line Items]
Insurance recoveries		$ 26.5			$ 29.9

Summary of Changes in Reserves for Product Liability and Warranty Claims (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Product Liability Contingency [Line Items]
Beginning Balance	$ 23.4	$ 43.6
Expense, net, including changes in estimates	5.3	(2.2)
Settlements	(7.3)	(18.7)
Foreign currency translation and other	1.3	0.7
Ending Balance	$ 22.7	$ 23.4

Summary of Lease Commitments Under Non-Cancelable Operating Leases (Detail) $ in Millions	Dec. 31, 2012 USD ($)
Schedule of Operating Leases [Line Items]
2013	$ 84.7
2014	65.6
2015	52.6
2016	45.5
2017	39.4
2018 and thereafter	68.5
Total	$ 356.3

Summary of Segment Financial Information (Detail) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2012

Sep. 29, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2011

Oct. 01, 2011

Jul. 02, 2011

Apr. 02, 2011

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Segment Reporting Information [Line Items]

Revenues from external customers

$ 3,719.4

$ 3,538.6

$ 3,665.0

$ 3,644.0

$ 3,508.5

$ 3,460.0

$ 3,676.3

$ 3,511.7

$ 14,567.0

$ 14,156.5

$ 11,954.6

Segment earnings

^[1]

705.2

679.6

538.4

Depreciation and amortization

239.5

246.3

235.9

Capital expenditures

458.3

329.5

193.3

Total assets

8,194.1

7,010.9

8,194.1

7,010.9

6,621.1

Seating

Segment Reporting Information [Line Items]

Revenues from external customers

11,029.6

10,943.0

9,395.3

Segment earnings

^[1]

661.7

703.7

655.0

Depreciation and amortization

152.6

146.5

145.7

Capital expenditures

290.7

184.0

114.2

Total assets

4,341.9

3,697.9

4,341.9

3,697.9

3,491.1

EPMS

Segment Reporting Information [Line Items]

Revenues from external customers

3,537.4

3,213.5

2,559.3

Segment earnings

^[1]

254.9

185.1

100.5

Depreciation and amortization

78.4

92.3

83.9

Capital expenditures

158.1

139.4

71.1

Total assets

1,432.2

1,255.0

1,432.2

1,255.0

1,052.2

Corporate and regional headquarters and elimination of intercompany activity ("Other")

Segment Reporting Information [Line Items]

Segment earnings

^[1]

(211.4)

(209.2)

(217.1)

Depreciation and amortization

8.5

7.5

6.3

Capital expenditures

9.5

6.1

8.0

Total assets

$ 2,420.0

$ 2,058.0

$ 2,420.0

$ 2,058.0

$ 2,077.8

[1]	See definition in Note 2, "Summary of Significant Accounting Policies - Segment Reporting."

Segment Reporting - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Seating
Segment Reporting Information [Line Items]
Restructuring charges	$ 47.8	$ 66.4	$ 44.2
EPMS
Segment Reporting Information [Line Items]
Restructuring charges	4.3	$ 2.4	17.4
Corporate and regional headquarters and elimination of intercompany activity ("Other")
Segment Reporting Information [Line Items]
Restructuring charges	$ 3.1		$ 2.3

Reconciliation of Segment Earnings to Consolidated Income (Loss) Before Provision (Benefit) for Income Taxes and Equity in Net Income of Affiliates (Detail) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Segment earnings

^[1]

$ 705.2

$ 679.6

$ 538.4

Interest expense

49.9

39.7

55.4

Other expense, net

6.4

24.2

34.2

Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries

648.9

615.7

448.8

Operating Segments

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Segment earnings

916.6

888.8

755.5

Corporate and regional headquarters and elimination of intercompany activity ("Other")

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Segment earnings

^[1]

$ (211.4)

$ (209.2)

$ (217.1)

[1]	See definition in Note 2, "Summary of Significant Accounting Policies - Segment Reporting."

Revenue from External Customers and Tangible Long-lived Assets for each of Geographic Area (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 29, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Oct. 01, 2011	Jul. 02, 2011	Apr. 02, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 3,719.4	$ 3,538.6	$ 3,665.0	$ 3,644.0	$ 3,508.5	$ 3,460.0	$ 3,676.3	$ 3,511.7	$ 14,567.0	$ 14,156.5	$ 11,954.6
Property, plant and equipment, net	1,403.1				1,072.0				1,403.1	1,072.0
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									2,891.4	2,542.2	2,137.1
Property, plant and equipment, net	213.4				152.5				213.4	152.5
GERMANY
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									2,142.4	2,522.5	2,110.5
Property, plant and equipment, net	151.5				123.8				151.5	123.8
MEXICO
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									1,991.8	1,659.0	1,435.0
Property, plant and equipment, net	236.7				180.8				236.7	180.8
CHINA
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									1,467.6	1,363.0	1,144.9
Property, plant and equipment, net	131.8				86.4				131.8	86.4
Other Countries
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales									6,073.8	6,069.8	$ 5,127.1
Property, plant and equipment, net	$ 669.7				$ 528.5				$ 669.7	$ 528.5

Summary of Percentage of Revenues from major Customers (Detail)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
General Motors
Revenue, Major Customer [Line Items]
Percentage of revenues from major customers	21.10%	18.80%	20.90%
Ford Motor Company
Revenue, Major Customer [Line Items]
Percentage of revenues from major customers	19.80%	19.40%	18.20%
Bmw
Revenue, Major Customer [Line Items]
Percentage of revenues from major customers	10.60%	11.60%	10.90%

Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Financial Instruments [Line Items]
Long-term debt	$ 626.3	$ 695.4
Gains (losses) recorded in accumulated other comprehensive loss	19.9	(39.4)
Expected amount to be reclassified into earnings from accumulated other comprehensive loss	19.5
Tax benefits (expense) related to derivative instruments and hedging activities recognized in comprehensive income (loss)	(19.0)	1.8
Guilford Mills \| Fair Value, Inputs, Level 3 \| Property Plant and Equipment
Financial Instruments [Line Items]
Fair value measured on a non-recurring basis	89.9
Guilford Mills \| Fair Value, Inputs, Level 3 \| Intangible Assets
Financial Instruments [Line Items]
Fair value measured on a non-recurring basis	56.0
Foreign Exchange Contract
Financial Instruments [Line Items]
Derivative, fair value, net	19.9	(44.5)
Notional amount of other derivatives not designated as hedging instruments	23.4	148.4
Other derivatives not designated as hedging instruments, fair value, net	0.0	(5.4)
Foreign Exchange Contract \| Sales
Financial Instruments [Line Items]
Gains (losses) reclassified from accumulated other comprehensive loss	1.0	(1.7)	$ (1.4)
Foreign Exchange Contract \| Cost of Sales
Financial Instruments [Line Items]
Gains (losses) reclassified from accumulated other comprehensive loss	(4.2)	(10.9)	12.2
Foreign Exchange Contract \| Designated as Hedging Instrument
Financial Instruments [Line Items]
Notional amount of cash flow derivatives	$ 836.4	$ 585.7
Derivative maturities	17 months	17 months
Derivative, fair value, net	$ 19.9	$ (39.1)
Gains (losses) reclassified from accumulated other comprehensive loss	$ 3.2	$ 12.6	$ (10.8)
Foreign Exchange Contract \| Not Designated as Hedging Instrument
Financial Instruments [Line Items]
Derivative maturities	4 months	4 months
Derivative, fair value, net		$ (5.4)
Commodity Contract \| Cost of Sales
Financial Instruments [Line Items]
Gains (losses) reclassified from accumulated other comprehensive loss	$ (0.2)	(0.2)
Commodity Contract \| Designated as Hedging Instrument
Financial Instruments [Line Items]
Notional amount of cash flow derivatives	0.0	$ 3.4
Derivative maturities		12 months
Derivative, fair value, net		$ (0.3)
Gains (losses) reclassified from accumulated other comprehensive loss	0.2	0.2
Carrying (Reported) Amount, Fair Value Disclosure
Financial Instruments [Line Items]
Long-term debt	626.3	695.4
Estimate of Fair Value, Fair Value Disclosure
Financial Instruments [Line Items]
Long-term debt	$ 696.6	$ 764.6

Fair Value of Outstanding Foreign Currency Derivative Contracts and Related Classification in Condensed Consolidated Balance Sheets (Detail) - Foreign Exchange Contract - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Contracts balance sheet classification:
Derivative assets (liabilities), at fair value	$ 19.9	$ (44.5)
Designated as Hedging Instrument
Contracts balance sheet classification:
Other current assets	22.3	0.2
Other long-term assets	0.5
Other current liabilities	(2.8)	(38.1)
Other long-term liabilities	(0.1)	(1.2)
Derivative assets (liabilities), at fair value	19.9	(39.1)
Not Designated as Hedging Instrument
Contracts balance sheet classification:
Other current assets	0.1
Other current liabilities	$ (0.1)	(5.4)
Derivative assets (liabilities), at fair value		$ (5.4)

- Definition

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.

+ References

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+ Details

- Definition

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

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- Definition

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.

+ References

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- Definition

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.

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+ Details

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	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$ 55.8	$ (50.4)	$ 9.5
(Gains) losses reclassified from accumulated other comprehensive loss	3.2	12.6	(10.8)
Comprehensive income (loss)	$ 59.0	$ (37.8)	$ (1.3)

Fair Value of Outstanding Commodity Swap Contracts and Related Classification in Condensed Consolidated Balance Sheet (Detail) $ in Millions	Dec. 31, 2011 USD ($)
Commodity Contract \| Designated as Hedging Instrument
Contracts qualifying for hedge accounting:
Other current liabilities	$ (0.3)

- Definition

+ References

+ Details

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	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$ 0.1	$ (0.5)
Losses reclassified from accumulated other comprehensive loss	0.2	0.2
Comprehensive income (loss)	$ 0.3	$ (0.3)

Fair value Measurements and Related Valuation Techniques and Fair Value Hierarchy Level (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Foreign Exchange Contract
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative assets (liabilities), at fair value	$ 19.9	$ (44.5)
Fair Value, Measurements, Recurring \| Foreign Exchange Contract
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative assets (liabilities), at fair value	19.9	(44.5)
Fair Value, Measurements, Recurring \| Commodity Contract
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative assets (liabilities), at fair value		(0.3)
Fair Value, Inputs, Level 2 \| Fair Value, Measurements, Recurring \| Foreign Exchange Contract
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative assets (liabilities), at fair value	$ 19.9	(44.5)
Fair Value, Inputs, Level 2 \| Fair Value, Measurements, Recurring \| Commodity Contract
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative assets (liabilities), at fair value		$ (0.3)

Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 29, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Oct. 01, 2011	Jul. 02, 2011	Apr. 02, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Quarterly Financial Information [Line Items]
Net sales	$ 3,719.4	$ 3,538.6	$ 3,665.0	$ 3,644.0	$ 3,508.5	$ 3,460.0	$ 3,676.3	$ 3,511.7	$ 14,567.0	$ 14,156.5	$ 11,954.6
Gross profit	301.8	291.3	314.6	309.8	242.7	280.5	346.6	323.4
Consolidated net income	890.1	128.1	154.6	144.4	113.9	108.1	185.7	162.7	1,317.2	570.4	461.4
Net income attributable to Lear	$ 881.9	$ 121.4	$ 145.4	$ 134.1	$ 106.5	$ 100.7	$ 177.5	$ 156.0	$ 1,282.8	$ 540.7	$ 438.3
Basic net income per share attributable to Lear	$ 9.12	$ 1.25	$ 1.47	$ 1.34	$ 1.05	$ 0.97	$ 1.70	$ 1.48	$ 13.04	$ 5.21	$ 4.30
Diluted net income per share attributable to Lear	$ 9.00	$ 1.23	$ 1.45	$ 1.32	$ 1.03	$ 0.95	$ 1.65	$ 1.44	$ 12.85	$ 5.08	$ 4.05

- Definition

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

+ References

+ Details

- Definition

+ References + Details

- Definition

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

+ References

+ Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

+ Details

Supplemental Guarantor Condensed Consolidating Balance Sheets (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Current Assets:
Cash and cash equivalents	$ 1,402.2	$ 1,754.3	$ 1,654.1	$ 1,554.0
Accounts receivable	2,040.7	1,880.1
Inventories	727.1	637.8
Other	703.5	489.3
Total current assets	4,873.5	4,761.5
Long-Term Assets:
Property, plant and equipment, net	1,403.1	1,072.0
Goodwill	746.5	628.6
Other	1,171.0	548.8
Total long-term assets	3,320.6	2,249.4
Total assets	8,194.1	7,010.9	6,621.1
Current Liabilities:
Accounts payable and drafts	2,233.0	2,014.3
Accrued liabilities	983.9	1,049.2
Total current liabilities	3,216.9	3,063.5
Long-Term Liabilities:
Long-term debt	626.3	695.4
Other	738.7	690.9
Total long-term liabilities	1,365.0	1,386.3
Equity:
Lear Corporation stockholders' equity	3,487.1	2,436.4
Noncontrolling interests	125.1	124.7
Equity	3,612.2	2,561.1	2,568.8	2,181.8
Total liabilities and equity	8,194.1	7,010.9
Parent Company
Current Assets:
Cash and cash equivalents	481.4	820.3	808.8	584.9
Accounts receivable	47.7	56.6
Inventories	5.2	7.7
Other	162.9	91.6
Total current assets	697.2	976.2
Long-Term Assets:
Property, plant and equipment, net	91.5	93.5
Goodwill	23.5	23.5
Investments in subsidiaries	1,494.7	628.2
Other	769.9	117.2
Total long-term assets	2,379.6	862.4
Total assets	3,076.8	1,838.6
Current Liabilities:
Accounts payable and drafts	114.3	104.5
Accrued liabilities	124.7	149.6
Total current liabilities	239.0	254.1
Long-Term Liabilities:
Long-term debt	626.3	695.4
Intercompany accounts, net	(1,471.3)	(1,749.3)
Other	195.7	202.0
Total long-term liabilities	(649.3)	(851.9)
Equity:
Lear Corporation stockholders' equity	3,487.1	2,436.4
Equity	3,487.1	2,436.4
Total liabilities and equity	3,076.8	1,838.6
Guarantor Subsidiaries
Current Assets:
Cash and cash equivalents	0.1	0.1	0.4	0.1
Accounts receivable	358.4	298.9
Inventories	264.3	234.1
Other	70.2	26.2
Total current assets	693.0	559.3
Long-Term Assets:
Property, plant and equipment, net	273.3	161.2
Goodwill	400.8	303.9
Investments in subsidiaries	1,287.8	1,025.7
Other	67.5	28.9
Total long-term assets	2,029.4	1,519.7
Total assets	2,722.4	2,079.0
Current Liabilities:
Accounts payable and drafts	555.2	461.4
Accrued liabilities	192.8	157.1
Total current liabilities	748.0	618.5
Long-Term Liabilities:
Intercompany accounts, net	447.6	669.9
Other	179.5	149.0
Total long-term liabilities	627.1	818.9
Equity:
Lear Corporation stockholders' equity	1,347.3	641.6
Equity	1,347.3	641.6
Total liabilities and equity	2,722.4	2,079.0
Non-Guarantor Subsidiaries
Current Assets:
Cash and cash equivalents	920.7	933.9	$ 844.9	$ 969.0
Accounts receivable	1,634.6	1,524.6
Inventories	457.6	396.0
Other	470.4	371.5
Total current assets	3,483.3	3,226.0
Long-Term Assets:
Property, plant and equipment, net	1,038.3	817.3
Goodwill	322.2	301.2
Other	333.6	402.7
Total long-term assets	1,694.1	1,521.2
Total assets	5,177.4	4,747.2
Current Liabilities:
Accounts payable and drafts	1,563.5	1,448.4
Accrued liabilities	666.4	742.5
Total current liabilities	2,229.9	2,190.9
Long-Term Liabilities:
Intercompany accounts, net	1,023.7	1,079.4
Other	363.5	339.9
Total long-term liabilities	1,387.2	1,419.3
Equity:
Lear Corporation stockholders' equity	1,435.2	1,012.3
Noncontrolling interests	125.1	124.7
Equity	1,560.3	1,137.0
Total liabilities and equity	5,177.4	4,747.2
Consolidation, Eliminations
Long-Term Assets:
Investments in subsidiaries	(2,782.5)	(1,653.9)
Total long-term assets	(2,782.5)	(1,653.9)
Total assets	(2,782.5)	(1,653.9)
Equity:
Lear Corporation stockholders' equity	(2,782.5)	(1,653.9)
Equity	(2,782.5)	(1,653.9)
Total liabilities and equity	$ (2,782.5)	$ (1,653.9)

Supplemental Guarantor Condensed Consolidating Statements of Income (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2012	Sep. 29, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Oct. 01, 2011	Jul. 02, 2011	Apr. 02, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Condensed Financial Statements, Captions [Line Items]
Net sales	$ 3,719.4	$ 3,538.6	$ 3,665.0	$ 3,644.0	$ 3,508.5	$ 3,460.0	$ 3,676.3	$ 3,511.7	$ 14,567.0	$ 14,156.5	$ 11,954.6
Cost of sales									13,349.5	12,963.3	10,936.3
Selling, general and administrative expenses									479.3	485.6	452.7
Amortization of intangible assets									33.0	28.0	27.2
Interest expense									49.9	39.7	55.4
Other expense, net									6.4	24.2	34.2
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries									648.9	615.7	448.8
Provision (benefit) for income taxes									(638.0)	68.8	24.6
Equity in net income of affiliates									(30.3)	(23.5)	(37.2)
Consolidated net income	890.1	128.1	154.6	144.4	113.9	108.1	185.7	162.7	1,317.2	570.4	461.4
Less: Net income attributable to noncontrolling interests									34.4	29.7	23.1
Net income attributable to Lear	$ 881.9	$ 121.4	$ 145.4	$ 134.1	$ 106.5	$ 100.7	$ 177.5	$ 156.0	1,282.8	540.7	438.3
Consolidated comprehensive income									1,349.6	318.9	387.2
Less: Comprehensive income attributable to noncontrolling interests									35.6	32.2	25.6
Comprehensive income attributable to Lear									1,314.0	286.7	361.6
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net sales									483.7	389.5	291.0
Cost of sales									555.6	489.0	402.4
Selling, general and administrative expenses									213.8	189.7	200.8
Amortization of intangible assets									1.7	1.7	1.7
Intercompany charges									4.6	4.2	4.1
Interest expense									2.3		10.1
Other intercompany (income) expense, net									(252.5)	(395.0)	(286.1)
Other expense, net									2.9	3.4	20.4
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries									(44.7)	96.5	(62.4)
Provision (benefit) for income taxes									(714.9)	17.0	13.3
Equity in net income of affiliates									(6.1)	1.1	(3.7)
Equity in net income of subsidiaries									(606.5)	(462.3)	(510.3)
Consolidated net income									1,282.8	540.7	438.3
Net income attributable to Lear									1,282.8	540.7	438.3
Consolidated comprehensive income									1,314.0	286.7	361.6
Comprehensive income attributable to Lear									1,314.0	286.7	361.6
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales									5,850.1	5,231.9	4,373.0
Cost of sales									5,295.3	4,764.2	3,926.4
Selling, general and administrative expenses									38.0	12.8	10.6
Amortization of intangible assets									2.8
Intercompany charges									1.8	2.4	3.5
Interest expense									21.8	24.5	41.2
Other intercompany (income) expense, net									116.5	203.8	150.1
Other expense, net									2.4	15.3	(6.3)
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries									371.5	208.9	247.5
Provision (benefit) for income taxes									141.7	4.7	1.2
Equity in net income of affiliates									(3.6)	(3.0)	(1.3)
Equity in net income of subsidiaries									(192.6)	(247.0)	(184.5)
Consolidated net income									426.0	454.2	432.1
Net income attributable to Lear									426.0	454.2	432.1
Consolidated comprehensive income									475.6	373.2	415.7
Comprehensive income attributable to Lear									475.6	373.2	415.7
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales									12,484.6	12,668.7	10,719.3
Cost of sales									11,750.0	11,843.7	10,036.2
Selling, general and administrative expenses									227.5	283.1	241.3
Amortization of intangible assets									28.5	26.3	25.5
Intercompany charges									(6.4)	(6.6)	(7.6)
Interest expense									25.8	15.2	4.1
Other intercompany (income) expense, net									136.0	191.2	136.0
Other expense, net									1.1	5.5	20.1
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates and subsidiaries									322.1	310.3	263.7
Provision (benefit) for income taxes									(64.8)	47.1	10.1
Equity in net income of affiliates									(20.6)	(21.6)	(32.2)
Consolidated net income									407.5	284.8	285.8
Less: Net income attributable to noncontrolling interests									34.4	29.7	23.1
Net income attributable to Lear									373.1	255.1	262.7
Consolidated comprehensive income									410.9	179.9	244.0
Less: Comprehensive income attributable to noncontrolling interests									35.6	32.2	25.6
Comprehensive income attributable to Lear									375.3	147.7	218.4
Consolidation, Eliminations
Condensed Financial Statements, Captions [Line Items]
Net sales									(4,251.4)	(4,133.6)	(3,428.7)
Cost of sales									(4,251.4)	(4,133.6)	(3,428.7)
Equity in net income of subsidiaries									799.1	709.3	694.8
Consolidated net income									(799.1)	(709.3)	(694.8)
Net income attributable to Lear									(799.1)	(709.3)	(694.8)
Consolidated comprehensive income									(850.9)	(520.9)	(634.1)
Comprehensive income attributable to Lear									$ (850.9)	$ (520.9)	$ (634.1)

Supplemental Guarantor Condensed Consolidating Statements of Cash Flows (Detail) - USD ($) $ in Millions	12 Months Ended			15 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2012
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities	$ 729.8	$ 790.3	$ 621.9
Cash Flows from Investing Activities:
Additions to property, plant and equipment	(458.3)	(329.5)	(193.3)
Insurance proceeds	19.2	3.5		$ 22.7
Cash paid for acquisitions, net of cash acquired	(243.9)	(8.4)
Other, net	(4.9)	31.2	1.2
Net cash used in investing activities	(687.9)	(303.2)	(192.1)
Cash Flows from Financing Activities:
Proceeds from the issuance of senior notes			694.5
Repurchase of senior notes	(72.1)
First lien credit agreement repayments			(375.0)
Second lien credit agreement repayments			(550.0)
Payment of debt issuance and other financing costs		(4.8)	(17.6)
Other long-term debt repayments, net		(1.1)	(9.3)
Short-term repayments, net		(4.0)	(34.0)
Repurchase of common stock	(222.8)	(279.1)
Dividends paid to Lear Corporation stockholders	(54.6)	(51.1)
Dividends paid to noncontrolling interests	(23.1)	(18.5)	(16.2)
Other, net	(23.5)	(13.7)	(13.1)
Net cash used in financing activities	(396.1)	(372.3)	(320.7)
Effect of foreign currency translation	2.1	(14.6)	(9.0)
Net Change in Cash and Cash Equivalents	(352.1)	100.2	100.1
Cash and Cash Equivalents at Beginning of Period	1,754.3	1,654.1	1,554.0
Cash and Cash Equivalents at End of Period	1,402.2	1,754.3	1,654.1	1,402.2
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities	(35.4)	180.4	(54.6)
Cash Flows from Investing Activities:
Additions to property, plant and equipment	(11.3)	(10.5)	(15.5)
Cash paid for acquisitions, net of cash acquired	(243.9)
Other, net	0.4	23.2	(3.8)
Net cash used in investing activities	(254.8)	12.7	(19.3)
Cash Flows from Financing Activities:
Proceeds from the issuance of senior notes			694.5
Repurchase of senior notes	(72.1)
First lien credit agreement repayments			(375.0)
Second lien credit agreement repayments			(550.0)
Payment of debt issuance and other financing costs		(4.8)	(17.6)
Repurchase of common stock	(222.8)	(279.1)
Dividends paid to Lear Corporation stockholders	(54.6)	(51.1)
Change in intercompany accounts	306.9	167.1	558.7
Other, net	(6.1)	(13.7)	(12.8)
Net cash used in financing activities	(48.7)	(181.6)	297.8
Net Change in Cash and Cash Equivalents	(338.9)	11.5	223.9
Cash and Cash Equivalents at Beginning of Period	820.3	808.8	584.9
Cash and Cash Equivalents at End of Period	481.4	820.3	808.8	481.4
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities	334.0	212.4	333.1
Cash Flows from Investing Activities:
Additions to property, plant and equipment	(97.4)	(57.8)	(42.3)
Other, net	6.3	1.9	2.1
Net cash used in investing activities	(91.1)	(55.9)	(40.2)
Cash Flows from Financing Activities:
Change in intercompany accounts	(242.9)	(156.8)	(292.6)
Net cash used in financing activities	(242.9)	(156.8)	(292.6)
Net Change in Cash and Cash Equivalents		(0.3)	0.3
Cash and Cash Equivalents at Beginning of Period	0.1	0.4	0.1
Cash and Cash Equivalents at End of Period	0.1	0.1	0.4	0.1
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net Cash Provided by Operating Activities	431.2	397.5	343.4
Cash Flows from Investing Activities:
Additions to property, plant and equipment	(349.6)	(261.2)	(135.5)
Insurance proceeds	19.2	3.5
Cash paid for acquisitions, net of cash acquired		(8.4)
Other, net	(11.6)	6.1	2.9
Net cash used in investing activities	(342.0)	(260.0)	(132.6)
Cash Flows from Financing Activities:
Other long-term debt repayments, net		(1.1)	(9.3)
Short-term repayments, net		(4.0)	(34.0)
Dividends paid to noncontrolling interests	(23.1)	(18.5)	(16.2)
Change in intercompany accounts	(64.0)	(10.3)	(266.1)
Other, net	(17.4)		(0.3)
Net cash used in financing activities	(104.5)	(33.9)	(325.9)
Effect of foreign currency translation	2.1	(14.6)	(9.0)
Net Change in Cash and Cash Equivalents	(13.2)	89.0	(124.1)
Cash and Cash Equivalents at Beginning of Period	933.9	844.9	969.0
Cash and Cash Equivalents at End of Period	$ 920.7	$ 933.9	$ 844.9	$ 920.7

Supplemental Guarantor Condensed Consolidating Financial Statements - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Jan. 17, 2013
Condensed Financial Statements, Captions [Line Items]
Selling, general and administrative expenses allocated from Lear	$ 38.1	$ 28.7	$ 15.3
7.875% Senior Notes due 2018
Condensed Financial Statements, Captions [Line Items]
Long-term debt, aggregate principal amount	315.0
8.125% Senior Notes due 2020
Condensed Financial Statements, Captions [Line Items]
Long-term debt, aggregate principal amount	$ 315.0
Senior Notes due 2023 \| Subsequent Event
Condensed Financial Statements, Captions [Line Items]
Long-term debt, aggregate principal amount				$ 500.0

Summary of Long-Term Debt of Lear and Guarantors on Combined Basis (Detail) - USD ($) $ in Millions	Dec. 31, 2012	Dec. 31, 2011
Condensed Financial Statements, Captions [Line Items]
Senior notes	$ 626.3	$ 695.4

Valuation and Qualifying Accounts (Detail) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance as of Beginning of Period

$ 1,576.6

$ 1,547.4

$ 1,249.5

Additions

173.1

163.2

503.4

Retirements

(967.5)

(117.5)

(187.3)

Other Changes

15.4

(16.5)

(18.2)

Balance as of End

797.6

1,576.6

1,547.4

Allowance for Doubtful Accounts

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance as of Beginning of Period

30.7

14.5

^[1]

Additions

5.9

19.0

^[1]

Retirements

(4.2)

(1.8)

(4.2)

^[1]

Other Changes

3.0

(1.0)

(0.3)

^[1]

Balance as of End

35.4

30.7

14.5

^[1]

Reserve for unmerchantable inventory

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance as of Beginning of Period

86.1

83.5

^[1]

Additions

21.9

22.0

105.5

^[1]

Retirements

(18.2)

(16.8)

(19.6)

^[1]

Other Changes

(2.6)

(2.4)

^[1]

Balance as of End

89.8

86.1

83.5

^[1]

Restructuring reserves

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance as of Beginning of Period

62.5

42.1

83.1

Additions

55.1

51.1

60.9

Retirements

(73.4)

(30.7)

(101.9)

Balance as of End

44.2

62.5

42.1

Allowance for deferred tax assets

Valuation and Qualifying Accounts Disclosure [Line Items]

Balance as of Beginning of Period

1,397.3

1,407.3

1,166.4

Additions

90.2

71.1

318.0

Retirements

(871.7)

(68.2)

(61.6)

Other Changes

12.4

(12.9)

(15.5)

Balance as of End

$ 628.2

$ 1,397.3

$ 1,407.3

[1]	In conjunction with the adoption of fresh-start accounting as of November 7, 2009, accounts receivable and inventory were stated at fair value. As a result, the allowance for doubtful accounts and the reserve for unmerchantable inventory were zero as of this date.

Valuation and Qualifying Accounts (Parenthetical) (Detail) - USD ($)
$ in Millions

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Nov. 07, 2009

Valuation and Qualifying Accounts Disclosure [Line Items]

Valuation Allowance and Reserves

$ 797.6

$ 1,576.6

$ 1,547.4

$ 1,249.5

Allowance for Doubtful Accounts

Valuation and Qualifying Accounts Disclosure [Line Items]

Valuation Allowance and Reserves

35.4

30.7

14.5

^[1]

$ 0.0

Reserve for unmerchantable inventory

Valuation and Qualifying Accounts Disclosure [Line Items]

Valuation Allowance and Reserves

$ 89.8

$ 86.1

$ 83.5

^[1]

$ 0.0

[1]	In conjunction with the adoption of fresh-start accounting as of November 7, 2009, accounts receivable and inventory were stated at fair value. As a result, the allowance for doubtful accounts and the reserve for unmerchantable inventory were zero as of this date.