View Filing Data

$ 865.1

$ 1,137.7

3,064.4

2,278.3

881.6

818.7

717.2

687.8

5,528.3

4,922.5

1,654.3

1,587.2

754.7

757.2

1,024.5

1,064.0

3,433.5

3,408.4

8,961.8

8,330.9

2,821.1

2,438.7

1,323.3

1,140.4

4,144.4

3,579.1

1,068.6

1,057.1

527.6

545.2

Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding

1,596.2

1,602.3

EQUITY:

Common stock, $0.01 par value, 300,000,000 shares authorized; 88,142,219 and 88,062,341 shares issued as of June 28, 2014 and December 31, 2013, respectively

0.9

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

1,600.1

1,652.9

Common stock held in treasury, 7,928,855 and 7,311,037 shares as of June 28, 2014 and December 31, 2013, respectively, at cost

(443.0)

(362.1)

Retained earnings

2,156.9

1,920.3

Accumulated other comprehensive loss

(169.1)

(166.1)

3,145.8

3,045.9

Noncontrolling interests

75.4

103.6

3,221.2

3,149.5

Preferred stock, shares authorized

$ 8,961.8

$ 8,330.9

[1]	Unaudited.

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares

Jun. 28, 2014

^[1]

Dec. 31, 2013

100,000,000

Preferred stock, shares outstanding

Common stock, par value

$ 0.01

Common stock, shares authorized

300,000,000

Common stock, shares issued

88,142,219

88,062,341

Common stock held in treasury, shares

7,928,855

7,311,037

Series A convertible preferred stock

Preferred stock, shares authorized

10,896,250

[1]	Unaudited.

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Income Statement [Abstract]
Net sales	$ 4,585.1	$ 4,113.1	$ 8,944.9	$ 8,060.2
Cost of sales	4,206.0	3,775.4	8,205.3	7,410.1
Selling, general and administrative expenses	138.0	127.9	274.7	257.5
Amortization of intangible assets	8.3	8.6	16.8	17.2
Interest expense	14.6	17.4	31.4	34.1
Other expense, net	16.8	10.3	46.0	21.0
Consolidated income before provision for income taxes and equity in net income of affiliates	201.4	173.5	370.7	320.3
Provision for income taxes	52.8	41.1	105.5	79.0
Equity in net income of affiliates	(9.2)	(9.9)	(21.2)	(17.9)
Consolidated net income	157.8	142.3	286.4	259.2
Less: Net income attributable to noncontrolling interests	9.3	5.0	15.9	13.4
Net income attributable to Lear	$ 148.5	$ 137.3	$ 270.5	$ 245.8
Basic net income per share attributable to Lear	$ 1.84	$ 1.62	$ 3.34	$ 2.74
Diluted net income per share attributable to Lear	$ 1.81	$ 1.60	$ 3.28	$ 2.71
Average common shares outstanding	80,920,465	84,517,205	80,996,837	89,609,759
Average diluted shares outstanding	81,940,772	85,550,974	82,344,306	90,653,705
Consolidated comprehensive income (Note 12)	$ 163.5	$ 113.7	$ 281.3	$ 208.4
Less: Comprehensive income attributable to noncontrolling interests	9.0	5.3	13.8	14.1
Comprehensive income attributable to Lear	$ 154.5	$ 108.4	$ 267.5	$ 194.3

Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions

6 Months Ended

Jun. 28, 2014

Jun. 29, 2013

Cash Flows from Operating Activities:

Consolidated net income

$ 286.4

$ 259.2

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

Net change in recoverable customer engineering, development and tooling

152.7

135.4

14.8

13.3

Net change in working capital items (see below)

(322.9)

(162.2)

44.0

19.7

175.0

265.4

(189.1)

(226.4)

Insurance proceeds

7.1

(14.9)

40.6

(204.0)

(178.7)

Proceeds from the issuance of senior notes

325.0

500.0

Repurchase of senior notes

(327.1)

(72.1)

Payment of debt issuance and other financing costs

(3.8)

(13.4)

Dividends paid to Lear Corporation stockholders

(156.0)

(1,000.1)

(33.6)

(29.6)

(6.8)

(14.8)

(38.2)

(9.3)

Effect of foreign currency translation

(240.5)

(639.3)

(3.1)

(8.5)

Cash and Cash Equivalents as of Beginning of Period

(272.6)

(561.1)

1,137.7

1,402.2

865.1

^[1]

841.1

Changes in Working Capital Items:

(793.9)

(474.5)

Accrued liabilities and other

(62.7)

(79.2)

Accounts payable

392.8

301.4

140.9

90.1

Net change in working capital items

(322.9)

(162.2)

Supplementary Disclosure:

Cash paid for interest

25.2

28.1

Cash paid for income taxes, net of refunds received

$ 94.9

$ 76.6

[1]	Unaudited.

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 28, 2014
Accounting Policies [Abstract]
Basis of Presentation	(1) Basis of Presentation Lear Corporation (“Lear,” and together with its consolidated subsidiaries, the “Company”) and its affiliates design and manufacture automotive seating and electrical distribution systems and related components. The Company’s main customers are automotive original equipment manufacturers. The Company operates facilities worldwide. The accompanying condensed consolidated financial statements include the accounts of Lear, a Delaware corporation, and the wholly owned and less than wholly owned subsidiaries controlled by Lear. In addition, Lear consolidates 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. The Company’s annual financial results are reported on a calendar year basis, and quarterly interim results are reported using a thirteen week reporting calendar. Certain amounts in the prior period’s financial statements have been reclassified to conform to the presentation used in the quarter ended June 28, 2014. 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.

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Restructuring And Related Activities [Abstract]

Restructuring

6 Months Ended

Jun. 28, 2014

Restructuring

(2) Restructuring

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

In the first half of 2014, the Company recorded charges of $65.6 million in connection with its restructuring actions. These charges consist of $52.1 million recorded as cost of sales and $13.5 million recorded as selling, general and administrative expenses. The restructuring charges consist of employee termination benefits of $61.1 million, asset impairment charges of $0.1 million and contract termination costs of $0.1 million, as well as other related costs of $4.3 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/or equipment with carrying values of $0.1 million in excess of related estimated fair values. The Company expects to incur approximately $42 million of additional restructuring costs related to activities initiated as of June 28, 2014, 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 2014 activity is shown below (in millions):


					Utilization
	Accrual as of January 1, 2014		2014 Charges		Cash			Non-cash			Accrual as of June 28, 2014

Employee termination benefits	$	38.7	$	61.1	$	(42.0	)	$	—		$	57.8
Asset impairment charges		—		0.1		—			(0.1	)		—
Contract termination costs		5.6		0.1		(0.7	)		—			5.0
Other related costs		—		4.3		(4.3	)		—			—

Total	$	44.3	$	65.6	$	(47.0	)	$	(0.1	)	$	62.8

Inventories

6 Months Ended

Jun. 28, 2014

Inventory Disclosure [Abstract]

(3) Inventories

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


	June 28, 2014		December 31, 2013

Raw materials	$	691.1	$	633.5
Work-in-process		48.9		45.8
Finished goods		141.6		139.4

Inventories	$	881.6	$	818.7

Pre-Production Costs Related to Long-Term Supply Agreements

6 Months Ended

Jun. 28, 2014

Pre-Production Costs Related to Long-Term Supply Agreements

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

The Company incurs pre-production engineering and development (“E&D”) and tooling costs related to the products produced for its customers under long-term supply agreements. The Company expenses all pre-production E&D costs for which reimbursement is not contractually guaranteed by the customer. In addition, the Company expenses all pre-production tooling costs related to customer-owned tools for which reimbursement is not contractually guaranteed by the customer or for which the Company does not have a non-cancelable right to use the tooling. During the first half of 2014 and 2013, the Company capitalized $103.6 million and $98.6 million, respectively, of pre-production E&D costs for which reimbursement is contractually guaranteed by the customer. During the first half of 2014 and 2013, the Company also capitalized $91.5 million and $101.7 million, respectively, of pre-production tooling costs related to customer-owned tools for which reimbursement is contractually guaranteed by the customer or for which the Company has a non-cancelable right to use the tooling. These amounts are included in other current and long-term assets in the accompanying condensed consolidated balance sheets. During the first half of 2014 and 2013, the Company collected $202.6 million and $198.3 million, respectively, of cash related to E&D and tooling costs.

The classification of recoverable customer E&D and tooling costs related to long-term supply agreements is shown below (in millions):


	June 28, 2014		December 31, 2013

Current	$	131.3	$	134.2
Long-term		41.9		52.9

Recoverable customer E&D and tooling	$	173.2	$	187.1

Long-Term Assets

6 Months Ended

Jun. 28, 2014

Goodwill And Intangible Assets Disclosure [Abstract]

Long-Term Assets

(5) Long-Term Assets

Property, Plant and Equipment

Property, plant and equipment is stated at cost. 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.

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


	June 28, 2014			December 31, 2013

Land	$	115.8		$	113.4
Buildings and improvements		547.0			532.0
Machinery and equipment		1,796.4			1,645.0
Construction in progress		160.1			155.2

Total property, plant and equipment		2,619.3			2,445.6
Less – accumulated depreciation		(965.0	)		(858.4	)

Property, plant and equipment, net	$	1,654.3		$	1,587.2

Depreciation expense was $69.9 million and $60.3 million for the three months ended June 28, 2014 and June 29, 2013, respectively, and $135.9 million and $118.1 million for the six months ended June 28, 2014 and June 29, 2013, respectively.

The Company monitors its long-lived assets for impairment indicators on an ongoing basis in accordance with GAAP. If impairment indicators exist, the Company performs the required impairment analysis by comparing the undiscounted cash flows expected to be generated 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. The Company does not believe that there were any indicators that would have resulted in long-lived asset impairment charges as of June 28, 2014. The Company will, however, continue to assess the impact of any significant industry events and long-term automotive production estimates on the realization of its long-lived assets.

In the first half of 2014 and 2013, the Company recognized asset impairment charges of $0.1 million and $4.2 million, respectively, in conjunction with its restructuring actions (Note 2, “Restructuring”).

Investments in Affiliates

In the first quarter of 2013, the Company completed the sale of its 22.88% ownership interest in International Automotive Components Group North America, LLC for net proceeds of $49.6 million. The Company did not recognize a significant gain or loss related to this transaction.

Goodwill

6 Months Ended

Jun. 28, 2014

Compensation And Retirement Disclosure [Abstract]

(6) Goodwill

A summary of the changes in the carrying amount of goodwill, all of which relates to the seating segment, for the six months ended June 28, 2014, is shown below (in millions):


Balance as of January 1, 2014	$	757.2
Foreign currency translation and other		(2.5	)

Balance as of June 28, 2014	$	754.7

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 required. 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 does not believe that there were any indicators that would have resulted in goodwill impairment charges as of June 28, 2014. The Company will, however, continue to assess the impact of significant events or circumstances on its recorded goodwill.

Debt

6 Months Ended

Jun. 28, 2014

Debt Disclosure [Abstract]

Debt

(7) Debt

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


	June 28, 2014					December 31, 2013
	Long-Term Debt		Weighted Average Interest Rate			Long-Term Debt		Weighted Average Interest Rate

7.875% Senior Notes due 2018	$	—		—		$	278.8		8.00	%
8.125% Senior Notes due 2020		243.6		8.25	%		278.3		8.25	%
4.75% Senior Notes due 2023		500.0		4.75	%		500.0		4.75	%
5.375% Senior Notes due 2024		325.0		5.375	%		—		—

Long-term debt	$	1,068.6				$	1,057.1

Senior Notes

As of June 28, 2014, the Company’s long-term debt consists of $245 million in aggregate principal amount of senior unsecured notes due 2020 at a stated coupon rate of 8.125% (the “2020 Notes), $500 million in aggregate principal amount of senior unsecured notes due 2023 at a stated coupon rate of 4.75% (the “2023 Notes”) and $325 million in aggregate principal amount of senior unsecured notes due 2024 at a stated coupon rate of 5.375% (the “2024 Notes,” and together with the 2020 Notes and 2023 Notes, the “Notes”).

The 2020 Notes were issued on March 26, 2010, at 99.164% of par, resulting in a yield to maturity of 8.25%, and interest is payable on March 15 and September 15 of each year. The 2020 Notes mature on March 15, 2020. The 2023 Notes were issued on January 17, 2013, and interest is payable on January 15 and July 15 of each year. 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”). In accordance with the registration rights agreement entered into at the time of the issuance of the 2023 Notes, the Company completed an exchange offer to exchange the 2023 Notes for substantially identical notes registered under the Securities Act in the second quarter of 2014. The 2023 Notes mature on January 15, 2023.

The 2024 Notes were issued on March 11, 2014, and interest is payable on March 15 and September 15 of each year. The proceeds from the offering of $325 million, net of related issuance costs of $3.8 million and together with existing cash on hand, were used to redeem the remaining aggregate principal amount of the Company’s 7.875% senior unsecured notes due 2018 (the “2018 Notes”) ($280 million) and to redeem 10% of the original aggregate principal amount of the 2020 Notes ($35 million) at stated redemption prices, plus accrued and unpaid interest to the respective redemption dates. In connection with these transactions, the Company paid $327.1 million and recognized losses of $17.5 million on the extinguishment of debt in the first quarter of 2014.

The Company may redeem all or part of the 2024 Notes, at its option, at any time on or after March 15, 2019, at the redemption prices set forth below, plus accrued and unpaid interest to the redemption date.


Twelve-Month Period Commencing March 15,	2024 Notes
2019		102.688	%
2020		101.792	%
2021		100.896	%
2022 and thereafter		100.0	%

Prior to March 15, 2017, the Company may redeem up to 35% of the aggregate principal amount of the 2024 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 105.375% 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 2024 Notes remains outstanding after the redemption and any such redemption is made 90 days after the closing of such equity offering. Prior to March 15, 2019, the Company may redeem the 2024 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.

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 2020 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 2020 Notes. In addition, if in the future the 2020 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 2020 Notes for so long as the 2020 Notes have an investment grade credit rating by both rating agencies. The indenture governing the 2020 Notes also contains customary events of default.

Subject to certain exceptions, the indenture governing the 2023 Notes and 2024 Notes contains restrictive covenants that, among other things, limit the ability of the Company to: (i) create or permit certain liens, (ii) enter into sale and leaseback transactions and (iii) consolidate or merge or sell all or substantially all of the Company’s assets. These indentures also provide for customary events of default.

As of June 28, 2014, the Company was in compliance with all covenants under the indentures governing the Notes.

2013 Redemption of Senior Notes

In the first quarter of 2013, the Company redeemed 10% of the original aggregate principal amount of each of the 2018 Notes and 2020 Notes ($70 million, in aggregate) at the stated redemption price, plus accrued and unpaid interest to the redemption date. In connection with this transaction, the Company paid $72.1 million and recognized a loss of $3.6 million on the partial extinguishment of debt in the first quarter of 2013.

Revolving Credit Facility

The Company’s amended and restated credit agreement, which matures on January 30, 2018, provides for a $1.0 billion revolving credit facility. As of June 28, 2014 and December 31, 2013, there were no borrowings outstanding under the revolving credit facility.

Advances under the revolving credit facility generally bear interest at a variable rate per annum equal to (i) the Eurocurrency Rate (as defined) plus an adjustable margin of 1.0% to 2.25% based on the Company’s corporate rating (1.5% as of June 28, 2014), 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 0.0% to 1.25% based on the Company’s corporate rating (0.50% as of June 28, 2014), payable quarterly. A facility fee which ranges from 0.25% to 0.50% of the total amount committed under the revolving credit facility, is payable annually.

The Company’s obligations under the revolving credit facility 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 revolving credit facility 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 revolving credit facility 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 June 28, 2014, the Company was in compliance with all covenants under the agreement governing the revolving credit facility.

For further information on the Notes and the revolving credit facility, see Note 6, “Debt,” to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.

Pension and Other Postretirement Benefit Plans

6 Months Ended

Jun. 28, 2014

Pension and Other Postretirement Benefit Plans

(8) Pension and Other Postretirement Benefit Plans

Net Periodic Pension and Other Postretirement Benefit Cost

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


	Three Months Ended												Six Months Ended
	June 28, 2014						June 29, 2013						June 28, 2014						June 29, 2013
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign

Service cost	$	0.9		$	2.1		$	0.7		$	2.5		$	1.8		$	4.3		$	1.4		$	5.0
Interest cost		7.1			5.2			6.5			5.1			14.2			10.3			13.1			10.4
Expected return on plan assets		(9.5	)		(6.8	)		(8.1	)		(6.3	)		(19.0	)		(13.5	)		(16.2	)		(12.7	)
Amortization of actuarial (gain) loss		—			0.3			1.1			1.6			(0.1	)		0.6			2.1			3.2
Settlement loss		—			—			—			—			0.1			—			—			—

Net periodic benefit cost	$	(1.5	)	$	0.8		$	0.2		$	2.9		$	(3.0	)	$	1.7		$	0.4		$	5.9

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


	Three Months Ended												Six Months Ended
	June 28, 2014						June 29, 2013						June 28, 2014						June 29, 2013
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign

Service cost	$	—		$	0.2		$	0.1		$	0.2		$	0.1		$	0.4		$	0.1		$	0.5
Interest cost		1.0			0.5			0.9			0.8			2.0			1.0			1.8			1.6
Amortization of actuarial (gain) loss		(0.2	)		0.1			(0.1	)		0.1			(0.4	)		0.1			(0.1	)		0.2
Amortization of prior service credit		—			(0.1	)		—			(0.1	)		—			(0.2	)		—			(0.2	)
Special termination benefits		—			—			—			0.2			—			0.2			—			0.2

Net periodic benefit cost	$	0.8		$	0.7		$	0.9		$	1.2		$	1.7		$	1.5		$	1.8		$	2.3

Contributions

Employer contributions to the Company’s domestic and foreign pension plans for the six months ended June 28, 2014, were $7.3 million. The Company expects contributions to its domestic and foreign pension plans of approximately $20 million in 2014. The Company may elect to make contributions in excess of minimum funding requirements in response to investment performance or changes in interest rates or when the Company believes that it is financially advantageous to do so and based on its other cash requirements.

Employer contributions to the Company’s defined contribution retirement program for its salaried employees, determined as a percentage of each covered employee’s eligible compensation, for the six months ended June 28, 2014, were $9.0 million. The Company expects total contributions of approximately $16 million to this program in 2014.

Other Expense, Net

6 Months Ended

Jun. 28, 2014

Other Income And Expenses [Abstract]

Other Expense, Net

(9) 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, gains and losses on the disposal of fixed assets and other miscellaneous income and expense. A summary of other expense, net is shown below (in millions):


	Three Months Ended						Six Months Ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013

Other expense	$	17.4		$	10.4		$	46.8		$	21.5
Other income		(0.6	)		(0.1	)		(0.8	)		(0.5	)

Other expense, net	$	16.8		$	10.3		$	46.0		$	21.0

For the six months ended June 28, 2014 and June 29, 2013, other expense includes losses on the extinguishment of debt of $17.5 million and $3.6 million, respectively. See Note 7, “Debt.”

For the three and six months ended June 28, 2014, other expense includes net foreign currency transaction losses of $5.6 million and $12.0 million, respectively. For the three and six months ended June 29, 2013, other expense includes net foreign currency transaction losses of $6.6 million and $6.5 million, respectively.

Income Taxes	6 Months Ended
Income Taxes	Jun. 28, 2014
Income Tax Disclosure [Abstract]
Income Taxes	(10) Income Taxes The provision for income taxes was $52.8 million for the second quarter of 2014, representing an effective tax rate of 26.2% on pretax income before equity in net income of affiliates of $201.4 million, as compared to $41.1 million for the second quarter of 2013, representing an effective tax rate of 23.7% on pretax income before equity in net income of affiliates of $173.5 million. The provision for income taxes was $105.5 million for the six months ended June 28, 2014, representing an effective tax rate of 28.5% on pretax income before equity in net income of affiliates of $370.7 million, as compared to $79.0 million for the six months ended June 29, 2013, representing an effective tax rate of 24.7% on pretax income before equity in net income of affiliates of $320.3 million. In the first half of 2014 and 2013, the provision for income taxes was primarily impacted by the level and mix of earnings among tax jurisdictions. The provision was also impacted by a portion of the Company’s restructuring charges and other expenses, for which no tax benefit was provided as the charges were incurred in certain countries for which no tax benefit is likely to be realized due to a history of operating losses in those countries. In the first half of 2014, the Company recognized tax benefits of $22.1 million related to debt redemption costs, restructuring charges and various other items and tax benefits of $11.3 million primarily related to reductions in tax reserves due to tax audit settlements. In the first half of 2013, the Company recognized a tax benefit of $15.8 million related to the reversal of a full valuation allowance with respect to the deferred tax assets of a foreign subsidiary and tax benefits of $20.2 million related to restructuring charges and various other items. Excluding these items, the effective tax rate in the first half of 2014 and 2013 approximated the U.S. federal statutory income tax rate of 35% adjusted for income taxes on foreign earnings, losses and remittances, valuation allowances, tax credits, income tax incentives and other permanent items. 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 provision for income taxes will include no tax benefit with respect to losses incurred and, except for certain jurisdictions, no tax expense with respect to income generated in these countries until the respective valuation allowances are eliminated. Accordingly, income taxes are impacted by changes in valuation allowances and the mix of earnings among jurisdictions. 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. If operating results improve or decline on a continual basis in a particular jurisdiction, the Company’s decision regarding the need for a valuation allowance could change, resulting in either the initial recognition or reversal of a valuation allowance in that jurisdiction, which could have a significant impact on income tax expense in the period recognized and subsequent periods. For further information, see Note 7, “Income Taxes,” to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.

Net Income Per Share Attributable to Lear

6 Months Ended

Jun. 28, 2014

Earnings Per Share [Abstract]

Net Income Per Share Attributable to Lear

(11) Net Income Per Share Attributable to Lear

Basic net income per share attributable to Lear is computed by dividing net income attributable to Lear 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 are considered common shares outstanding and are included in the computation of basic net income per share attributable to Lear.

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 and diluted net income per share attributable to Lear is shown below (in millions, except share and per share data):


	Three Months Ended				Six Months Ended
	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013

Net income attributable to Lear	$	148.5	$	137.3	$	270.5	$	245.8


Average common shares outstanding		80,920,465		84,517,205		80,996,837		89,609,759
Dilutive effect of common stock equivalents		1,020,307		1,033,769		1,347,469		1,043,946

Average diluted shares outstanding		81,940,772		85,550,974		82,344,306		90,653,705


Basic net income per share attributable to Lear	$	1.84	$	1.62	$	3.34	$	2.74


Diluted net income per share attributable to Lear	$	1.81	$	1.60	$	3.28	$	2.71

Comprehensive Income and Equity

6 Months Ended

Jun. 28, 2014

Equity [Abstract]

Comprehensive Income and Equity

(12) Comprehensive Income and Equity

Comprehensive Income

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

A summary of comprehensive income and reconciliations of equity, Lear Corporation stockholders’ equity and noncontrolling interests for the three and six months ended June 28, 2014, are shown below (in millions):


	Three Months Ended June 28, 2014									Six Months Ended June 28, 2014
	Equity			Lear Corporation Stockholders			Non- controlling Interests			Equity			Lear Corporation Stockholders			Non- controlling Interests

Beginning equity balance	$	3,242.5		$	3,142.3		$	100.2		$	3,149.5		$	3,045.9		$	103.6
Stock-based compensation transactions		16.3			16.3			—			16.6			16.6			—
Repurchase of common stock		(156.0	)		(156.0	)		—			(156.0	)		(156.0	)		—
Dividends declared to Lear Corporation stockholders		(16.7	)		(16.7	)		—			(33.9	)		(33.9	)		—
Dividends paid to noncontrolling interests		(1.0	)		—			(1.0	)		(6.8	)		—			(6.8	)
Acquisitions of noncontrolling interests		(15.9	)		5.4			(21.3	)		(18.0	)		5.7			(23.7	)
Sale of controlling interest		(11.5	)		—			(11.5	)		(11.5	)		—			(11.5	)
Comprehensive income:
Net income		157.8			148.5			9.3			286.4			270.5			15.9
Other comprehensive income (loss), net of tax:
Defined benefit plan adjustments		0.1			0.1			—			0.1			0.1			—
Derivative instruments and hedging activities		2.8			2.8			—			4.7			4.7			—
Foreign currency translation adjustments		2.8			3.1			(0.3	)		(9.9	)		(7.8	)		(2.1	)

Other comprehensive income (loss)		5.7			6.0			(0.3	)		(5.1	)		(3.0	)		(2.1	)

Comprehensive income		163.5			154.5			9.0			281.3			267.5			13.8

Ending equity balance	$	3,221.2		$	3,145.8		$	75.4		$	3,221.2		$	3,145.8		$	75.4

A summary of changes in accumulated other comprehensive income (loss), net of tax for the three and six months ended June 28, 2014, is shown below (in millions):


	Three Months Ended June 28, 2014			Six Months Ended June 28, 2014
Defined benefit plan adjustments:
Balance at beginning of period	$	(104.5	)	$	(104.5	)
Reclassification adjustments		0.1			0.1

Balance at end of period	$	(104.4	)	$	(104.4	)


Derivative instruments and hedging activities:
Balance at beginning of period	$	(3.4	)	$	(5.3	)
Reclassification adjustments		(2.5	)		(3.3	)
Other comprehensive income recognized during the period		5.3			8.0

Balance at end of period	$	(0.6	)	$	(0.6	)


Foreign currency translation adjustments:
Balance at beginning of period	$	(67.2	)	$	(56.3	)
Other comprehensive income (loss) recognized during the period		3.1			(7.8	)

Balance at end of period	$	(64.1	)	$	(64.1	)

Other comprehensive income (loss) related to the Company’s defined benefit plans includes pretax reclassification adjustments of $0.1 million for the three and six months ended June 28, 2014. See Note 8, “Pension and Other Postretirement Benefit Plans.” Other comprehensive income (loss) related to the Company’s derivative instruments and hedging activities includes pretax reclassification adjustments of ($3.5) million and ($4.5) million for the three and six months ended June 28, 2014, respectively. See Note 15, “Financial Instruments.”

Foreign currency translation adjustments relate primarily to the Chinese renminbi and the Brazilian real for the three and six months ended June 28, 2014.

A summary of comprehensive income and reconciliations of equity, Lear Corporation stockholders’ equity and noncontrolling interests for the three and six months ended June 29, 2013, are shown below (in millions):


	Three Months Ended June 29, 2013									Six Months Ended June 29, 2013
	Equity			Lear Corporation Stockholders			Non- controlling Interests			Equity			Lear Corporation Stockholders			Non- controlling Interests

Beginning equity balance	$	3,485.8		$	3,360.6		$	125.2		$	3,612.2		$	3,487.1		$	125.1
Stock-based compensation transactions		14.4			14.4			—			21.8			21.8			—
Repurchase of common stock		(800.0	)		(800.0	)		—			(1,000.1	)		(1,000.1	)		—
Dividends declared to Lear Corporation stockholders		(14.1	)		(14.1	)		—			(30.6	)		(30.6	)		—
Dividends paid to noncontrolling interests		(9.5	)		—			(9.5	)		(14.8	)		—			(14.8	)
Acquisition of noncontrolling interests		—			—			—			(6.6	)		(3.2	)		(3.4	)
Comprehensive income:
Net income		142.3			137.3			5.0			259.2			245.8			13.4
Other comprehensive income (loss), net of tax:
Defined benefit plan adjustments		1.8			1.8			—			3.7			3.7			—
Derivative instruments and hedging activities		(16.1	)		(16.1	)		—			(8.8	)		(8.8	)		—
Foreign currency translation adjustments		(14.3	)		(14.6	)		0.3			(45.7	)		(46.4	)		0.7

Other comprehensive income (loss)		(28.6	)		(28.9	)		0.3			(50.8	)		(51.5	)		0.7

Comprehensive income		113.7			108.4			5.3			208.4			194.3			14.1

Ending equity balance	$	2,790.3		$	2,669.3		$	121.0		$	2,790.3		$	2,669.3		$	121.0

A summary of changes in accumulated other comprehensive income (loss), net of tax for the three and six months ended June 29, 2013, is shown below (in millions):


	Three Months Ended June 29, 2013			Six Months Ended June 29, 2013
Defined benefit plan adjustments:
Balance at beginning of period	$	(248.0	)	$	(249.9	)
Reclassification adjustments		1.8			3.7

Balance at end of period	$	(246.2	)	$	(246.2	)


Derivative instruments and hedging activities:
Balance at beginning of period	$	10.0		$	2.7
Reclassification adjustments		(7.7	)		(13.5	)
Other comprehensive income recognized during the period		(8.4	)		4.7

Balance at end of period	$	(6.1	)	$	(6.1	)


Foreign currency translation adjustments:
Balance at beginning of period	$	(85.4	)	$	(53.6	)
Other comprehensive loss recognized during the period		(14.6	)		(46.4	)

Balance at end of period	$	(100.0	)	$	(100.0	)

Other comprehensive income (loss) related to the Company’s defined benefit plans includes pretax reclassification adjustments of $2.6 million and $5.2 million for the three and six months ended June 29, 2013, respectively. See Note 8, “Pension and Other Postretirement Benefit Plans.” Other comprehensive income (loss) related to the Company’s derivative instruments and hedging activities includes pretax reclassification adjustments of $10.6 million and $18.8 million for three and six months ended June 29, 2013, respectively. See Note 15, “Financial Instruments.”

Foreign currency translation adjustments relate primarily to the Euro for the three and six months ended June 29, 2013.

Lear Corporation Stockholders’ Equity

Common Stock Share Repurchase Program

On April 25, 2013, the Company entered into an accelerated stock repurchase (“ASR”) agreement with a third-party financial institution to repurchase $800 million of its common stock. In the second quarter of 2013, the Company paid $800 million to the financial institution, using cash on-hand, and received an initial delivery of 11,862,836 shares. This initial share delivery represented 80% of the ASR transaction’s value at the then-current price of $53.95 per share. These shares have been included in common stock held in treasury as of the applicable delivery date. The ultimate number of shares repurchased and the final price paid per share under the ASR transaction was determined based on the daily volume weighted average price of the Company’s common stock during the term of the ASR agreement, less an agreed upon discount. On March 31, 2014, the ASR agreement ended, and the initial delivery of 11,862,836 shares under the ASR transaction exceeded the ultimate number of shares repurchased by 658,903 shares. Under the terms of the ASR agreement, the Company had the contractual right to deliver either shares or cash equal to the value of those shares to the financial institution. The Company elected to settle the ASR transaction in cash and as a result, paid $55.5 million in the second quarter of 2014. Inclusive of the settlement, 11,862,836 shares were repurchased under the ASR transaction for $855.5 million, or an average price of $72.11 per share.

In the first half of 2014, the Company paid $156.0 million in aggregate for repurchases of its common stock, including $100.5 million of open market repurchases (1,152,832 shares at an average purchase price of $87.16 per share, excluding commissions) and $55.5 million to settle the ASR transaction. The Company has a remaining repurchase authorization of $594.0 million under its ongoing common stock share repurchase program, which will expire in April 2016. The Company may implement these share repurchases through a variety of methods, including open market purchases, accelerated stock repurchase programs and structured repurchase transactions. 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 2020 Notes place certain limitations on the Company’s ability to repurchase its common shares.

As of the date of this Report, the Company has paid $1.7 billion in aggregate for repurchases of its outstanding common stock, excluding commissions and related fees, since the first quarter of 2011.

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 and performance share awards to cover minimum tax withholding requirements as common stock held in treasury in the accompanying condensed consolidated balance sheets as of June 28, 2014 and December 31, 2013.

Quarterly Dividend — In the first half of 2014 and 2013, the Company’s Board of Directors declared quarterly cash dividends of $0.20 and $0.17 per share of common stock, respectively. In the first half of 2014, declared dividends totaled $33.9 million, and dividends paid totaled $33.6 million. In the first half of 2013, declared dividends totaled $30.6 million, and dividends paid totaled $29.6 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.

Noncontrolling Interests

In the first half of 2014 and 2013, the Company acquired noncontrolling interests in certain of its consolidated subsidiaries. In the second quarter of 2014, the Company sold its controlling interest in a less than wholly owned consolidated subsidiary. There was no significant gain or loss recognized in connection with this transaction.

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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Commitments And Contingencies Disclosure [Abstract]

Legal and Other Contingencies

6 Months Ended

Jun. 28, 2014

Legal and Other Contingencies

(13) Legal and Other Contingencies

As of June 28, 2014 and December 31, 2013, the Company had recorded reserves for pending legal disputes, including commercial disputes and other matters, of $13.1 million and $17.5 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 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 (the “District Court”). 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 (the “Consolidated Cases”). With respect to the Company, the Consolidated Cases are substantially similar to the individual complaints that had been filed in the various jurisdictions.

In order to avoid the costs and distraction of continuing to litigate the Consolidated Cases, on May 5, 2014, the Company entered into settlement agreements (the “Settlement Agreements”) under which the class plaintiffs will release the Company from all claims, demands, actions, suits and causes of action in the Consolidated Cases. The Settlement Agreements contain no admission by the Company of any wrongdoing, and the Company maintains that it violated no laws in connection with this matter. Because the conduct alleged by the class plaintiffs overwhelmingly relates to periods prior to the Company’s emergence from bankruptcy in 2009, the Settlement Agreements provide that the aggregate settlement amount of $8.75 million will consist of $370,263 in cash contributed by the Company with the remainder paid in outstanding common stock and warrants of the Company held in the bankruptcy reserve established under the Company’s plan of reorganization.

The Settlement Agreements were approved by the United States Bankruptcy Court for the Southern District of New York on May 27, 2014, and preliminarily approved, on the record in open court, by the District Court on July 1, 2014. The Settlement Agreements remain subject to the final approval of the District Court, which will be decided following the provision of notice to purported class members and hearings, with respect to each class, to confirm the fairness of the settlement.

Beginning in early 2012, putative class action complaints were filed in the Superior Courts of Justice in Ontario, Quebec and British Columbia against the Company and several other global suppliers of automotive wire harnesses alleging violations of Canadian laws related to competition (the “Canadian Complaints”). On February 20, 2014, the City of Richmond, California filed a putative class action in the District Court on behalf of itself and other “Public Entities” comprising states, state subdivisions, agencies and instrumentalities and local government subdivisions and agencies (the “Public Entities Complaint”). The allegations in the Canadian Complaints and Public Entities Complaint are substantially similar to those in the Consolidated Cases.

The ultimate outcome of this litigation, and consequently, an estimate of the possible loss, if any, related to the Canadian Complaints and Public Entities Complaint, cannot reasonably be determined at this time. However, the Company believes the plaintiffs’ allegations against it are without merit and intends to continue 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.

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

A summary of the changes in reserves for product liability and warranty claims for the six months ended June 28, 2014, is shown below (in millions):


Balance as of January 1, 2014	$	28.3
Expense, net (including changes in estimates)		6.1
Settlements		(4.4	)

Balance as of June 28, 2014	$	30.0

Environmental Matters

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

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

As of June 28, 2014 and December 31, 2013, the Company had recorded environmental reserves of $4.9 million and $5.0 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. In connection with this event, the Company incurred losses and incremental costs of $1.5 million and $7.3 million, respectively, in the three and six months ending June 29, 2013. In addition, the Company received cash proceeds of $10.0 million, of which $2.9 million has been reflected in cash flows from operating activities and $7.1 million has been reflected in cash flows from investing activities, in the first half of 2013. For further information on cumulative losses and incremental costs incurred and recoveries received in connection with this event, see Note 11, “Commitments and Contingencies,” to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.

Segment Reporting

6 Months Ended

Jun. 28, 2014

Segment Reporting [Abstract]

Segment Reporting

(14) Segment Reporting

The Company has two reportable operating segments: seating, which includes seats and related components, such as seat structures and mechanisms, seat covers, seat foam and headrests, and electrical, which includes electrical distribution systems for both traditional powertrain vehicles, as well as high-power for hybrid and electric vehicles. Key components of the Company’s electrical business include wiring harnesses, terminals and connectors, junction boxes, electronic control modules and wireless control devices. 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.

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


	Three Months Ended June 28, 2014
	Seating		Electrical		Other			Consolidated

Revenues from external customers	$	3,443.6	$	1,141.5	$	—		$	4,585.1
Segment earnings ⁽¹⁾		164.2		138.3		(69.7	)		232.8
Depreciation and amortization		50.4		25.9		1.9			78.2
Capital expenditures		55.6		35.7		1.3			92.6
Total assets		5,415.4		1,797.5		1,748.9			8,961.8


	Three Months Ended June 29, 2013
	Seating		Electrical		Other			Consolidated

Revenues from external customers	$	3,069.2	$	1,043.9	$	—		$	4,113.1
Segment earnings ⁽¹⁾		166.5		94.9		(60.2	)		201.2
Depreciation and amortization		44.1		23.1		1.8			69.0
Capital expenditures		80.1		43.2		4.4			127.7
Total assets		4,754.7		1,594.8		1,817.3			8,166.8


	Six Months Ended June 28, 2014
	Seating		Electrical		Other			Consolidated

Revenues from external customers	$	6,669.5	$	2,275.4	$	—		$	8,944.9
Segment earnings ⁽¹⁾		316.4		276.6		(144.9	)		448.1
Depreciation and amortization		97.9		50.9		3.9			152.7
Capital expenditures		129.5		57.4		2.2			189.1
Total assets		5,415.4		1,797.5		1,748.9			8,961.8


	Six Months Ended June 29, 2013
	Seating		Electrical		Other			Consolidated

Revenues from external customers	$	5,980.9	$	2,079.3	$	—		$	8,060.2
Segment earnings ⁽¹⁾		307.9		183.9		(116.4	)		375.4
Depreciation and amortization		86.7		45.0		3.7			135.4
Capital expenditures		147.6		73.5		5.3			226.4
Total assets		4,754.7		1,594.8		1,817.3			8,166.8

⁽¹⁾	See definition above.

For the three months ended June 28, 2014, segment earnings include restructuring charges of $30.4 million, $3.8 million and $7.1 million in the seating and electrical segments and in the other category, respectively. For the six months ended June 28, 2014, segment earnings include restructuring charges of $51.8 million, $4.8 million and $9.0 million in the seating and electrical segments and in the other category, respectively. For the three months ended June 29, 2013, segment earnings include restructuring charges of $3.7 million, $6.5 million and $4.0 million in the seating and electrical segments and in the other category, respectively. For the six months ended June 29, 2013, segment earnings include restructuring charges of $18.9 million, $7.2 million and $5.1 million in the seating and electrical segments and in the other category, respectively. See Note 2, “Restructuring.”

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


	Three Months Ended				Six Months Ended
	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013

Segment earnings	$	232.8	$	201.2	$	448.1	$	375.4
Interest expense		14.6		17.4		31.4		34.1
Other expense, net		16.8		10.3		46.0		21.0

Consolidated income before provision for income taxes and equity in net income of affiliates	$	201.4	$	173.5	$	370.7	$	320.3

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Investments All Other Investments [Abstract]

Financial Instruments

6 Months Ended

Jun. 28, 2014

Financial Instruments

(15) Financial Instruments

The carrying values of the Company’s debt instruments vary from their fair values. The fair values were determined by reference to the quoted market prices of these securities (Level 2 input based on the GAAP fair value hierarchy). As of June 28, 2014, the aggregate carrying value of the Company’s Notes was $1,068.6 million, as compared to an estimated aggregate fair value of $1,096.0 million. As of December 31, 2013, the aggregate carrying value of the Notes was $1,057.1 million, as compared to an estimated aggregate fair value of $1,077.1 million.

Derivative Instruments and Hedging Activities

The Company has used derivative financial instruments, including forwards, futures, options, swaps and other derivative contracts to reduce the effects of fluctuations in foreign exchange rates, interest rates and commodity prices and the resulting variability of the Company’s operating results. The Company is not a party to leveraged derivatives. The Company’s derivative financial instruments are subject to master netting arrangements that provide for the net settlement of contracts, by counterparty, in the event of default or termination. 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).

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 Canadian dollar, the Brazilian real and the Thai baht. As of June 28, 2014 and December 31, 2013, contracts designated as cash flow hedges with $770.8 million and $917.4 million, respectively, of notional amount were outstanding with maturities of less than eighteen months. As of June 28, 2014 and December 31, 2013, the fair value of these contracts was approximately $13.8 million and $6.5 million, respectively. As of June 28, 2014 and December 31, 2013, other foreign currency derivative contracts that did not qualify for hedge accounting with $141.8 million and $149.2 million, respectively, of notional amount were outstanding. These foreign currency derivative contracts consist principally of hedges of cash transactions of up to twelve months, hedges of intercompany loans and hedges of certain other balance sheet exposures. As of June 28, 2014 and December 31, 2013, the fair value of these contracts was approximately ($1.0) million and ($0.1) million, respectively.

The fair value of outstanding foreign currency derivative contracts and the related classification in the accompanying condensed consolidated balance sheets as of June 28, 2014 and December 31, 2013, are shown below (in millions):


	June 28, 2014			December 31, 2013
Contracts qualifying for hedge accounting:
Other current assets	$	16.0		$	12.4
Other long-term assets		1.9			0.7
Other current liabilities		(3.9	)		(6.5	)
Other long-term liabilities		(0.2	)		(0.1	)

		13.8			6.5

Contracts not qualifying for hedge accounting:
Other current assets		0.9			0.4
Other current liabilities		(1.9	)		(0.5	)

		(1.0	)		(0.1	)

	$	12.8		$	6.4

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


	Three Months Ended						Six Months Ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$	7.3		$	(11.8	)	$	10.5		$	6.4
Gains reclassified from accumulated other comprehensive loss		(3.5	)		(10.6	)		(4.5	)		(18.8	)

Comprehensive income (loss)	$	3.8		$	(22.4	)	$	6.0		$	(12.4	)

For the three and six months ended June 28, 2014, net sales includes gains of $0.2 million and $0.6 million, respectively, reclassified from accumulated other comprehensive loss related to foreign currency derivative contracts. For the three and six months ended June 28, 2014, cost of sales includes gains of $3.3 million and $3.9 million, respectively, reclassified from accumulated other comprehensive loss related to foreign currency derivative contracts. For the three and six months ended June 29, 2013, net sales includes gains of $0.8 million and $1.3 million, respectively, reclassified from accumulated other comprehensive loss related to foreign currency derivative contracts. For the three and six months ended June 29, 2013, cost of sales includes gains of $9.8 million and $17.5 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 June 28, 2014 and December 31, 2013, 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 — Historically, the Company used commodity swap and other derivative contracts to reduce its exposure to fluctuations in certain commodity prices. These derivative instruments were utilized to hedge forecasted inventory purchases, and to the extent that they met hedge accounting criteria, they were accounted for as cash flow hedges. Commodity swap contracts that were not accounted for as cash flow hedges were marked to market with changes in fair value recognized immediately in the accompanying condensed consolidated statements of comprehensive income. As of June 28, 2014 and December 31, 2013, there were no commodity swap contracts outstanding.

As of June 28, 2014 and December 31, 2013, pretax net gains of approximately $13.8 million and $6.5 million, respectively, related to the Company’s derivative instruments and hedging activities were recorded in accumulated other comprehensive loss. During the next twelve month period, the Company expects to reclassify into earnings net gains of approximately $12.1 million recorded in accumulated other comprehensive loss as of June 28, 2014. Such gains will be reclassified at the time that the underlying hedged transactions are realized. During the three and six months ended June 28, 2014 and June 29, 2013, amounts recognized in the accompanying condensed consolidated statements of comprehensive income related to changes in the fair value of cash flow and fair value hedges excluded from the Company’s effectiveness assessments and the ineffective portion of changes in the fair value of cash flow and fair value hedges were not material.

Fair Value Measurements

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


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

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

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

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


Level 1:		Observable inputs, such as quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date.

Level 2:		Inputs, other than quoted market prices included in Level 1, that are observable either directly or indirectly for the asset or liability.

Level 3:		Unobservable inputs that reflect the entity’s own assumptions about the exit price of the asset or liability. Unobservable inputs may be used if there is little or no market data for the asset or liability at the measurement date.

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

Items measured at fair value on a recurring basis – Fair value measurements and the related valuation techniques and fair value hierarchy level for the Company’s assets and liabilities measured at fair value on a recurring basis as of June 28, 2014 and December 31, 2013, are shown below (in millions):


	June 28, 2014
	Frequency		Asset (Liability)		Valuation Technique	Level 1		Level 2		Level 3
Foreign currency derivative contracts, net		Recurring	$	12.8	Market/Income	$	—	$	12.8	$	—


	December 31, 2013
	Frequency		Asset (Liability)		Valuation Technique	Level 1		Level 2		Level 3
Foreign currency derivative contracts, net		Recurring	$	6.4	Market/Income	$	—	$	6.4	$	—

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 June 28, 2014 and December 31, 2013, there were no derivative contracts that were classified within Level 3 of the fair value hierarchy. In addition, there were no transfers in or out of Level 3 of the fair value hierarchy during the first half of 2014.

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 of June 28, 2014, there were no significant assets or liabilities measured at fair value on a non-recurring basis.

For further information on assets measured at fair value on a non-recurring basis, see Note 2, “Restructuring.”

Accounting Pronouncements	6 Months Ended
Accounting Pronouncements	Jun. 28, 2014
Accounting Changes And Error Corrections [Abstract]
Accounting Pronouncements	(16) Accounting Pronouncements Cumulative Translation Adjustments The Financial Accounting Standards Board (“FASB”) issued ASU 2013-05, “Parent’s Accounting for Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity,” which amends ASC 830, “Foreign Currency Matters.” This ASU clarifies the accounting for cumulative translation adjustments when an entity ceases to have a controlling financial interest in a foreign subsidiary. The provisions of this update were effective as of January 1, 2014, and the effects of adoption were not significant. Presentation of Unrecognized Tax Benefits The FASB issued ASU 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists,” which amends ASC 740, “Income Taxes.” This ASU requires that a liability related to an unrecognized tax benefit be offset against a deferred tax asset for a net operating loss carryforward, a similar tax loss or a tax credit carryforward if certain criteria are met. The provisions of this update were effective as of January 1, 2014, and are reflected in the accompanying condensed consolidated balance sheet as of June 28, 2014. The effects of adoption were not significant. Discontinued Operations The FASB issued ASU 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity,” which amends ASC 205, “Presentation of Financial Statements,” and ASC 360, “Property, Plant and Equipment.” This ASU changes the criteria for determining which disposals can be presented as a discontinued operation and modifies existing disclosure requirements. The provisions of this update are effective as of January 1, 2015. The Company is currently evaluating the impact of this update. Revenue Recognition The FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606),” which amends existing revenue recognition guidance and requires additional financial statement disclosures. The provisions of this update are effective as of January 1, 2017, and may be applied through a full retrospective or a modified retrospective approach. The Company is currently evaluating the impact of this update.

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.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=28359718&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 13
-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305

Reference 11: 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 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

Supplemental Guarantor Condensed Consolidating Financial Statements

6 Months Ended

Jun. 28, 2014

Supplemental Guarantor Condensed Consolidating Financial Statements

(17) Supplemental Guarantor Condensed Consolidating Financial Statements


	June 28, 2014
	Lear		Guarantors		Non- guarantors		Eliminations			Consolidated
	(Unaudited; in millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	166.1	$	—	$	699.0	$	—		$	865.1
Accounts receivable		70.4		613.5		2,380.5		—			3,064.4
Inventories		3.2		315.0		563.4		—			881.6
Other		162.5		70.2		484.5		—			717.2

Total current assets		402.2		998.7		4,127.4		—			5,528.3

LONG-TERM ASSETS:
Property, plant and equipment, net		93.2		319.1		1,242.0		—			1,654.3
Goodwill		23.5		401.0		330.2		—			754.7
Investments in subsidiaries		1,908.2		2,008.5		—		(3,916.7	)		—
Intercompany accounts, net		1,528.7		—		—		(1,528.7	)		—
Other		590.6		58.3		375.6		—			1,024.5

Total long-term assets		4,144.2		2,786.9		1,947.8		(5,445.4	)		3,433.5

Total assets	$	4,546.4	$	3,785.6	$	6,075.2	$	(5,445.4	)	$	8,961.8


LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Accounts payable and drafts	$	103.9	$	733.4	$	1,983.8	$	—		$	2,821.1
Accrued liabilities		111.5		186.3		1,025.5		—			1,323.3

Total current liabilities		215.4		919.7		3,009.3		—			4,144.4

LONG-TERM LIABILITIES:
Long-term debt		1,068.6		—		—		—			1,068.6
Intercompany accounts, net		—		650.2		878.5		(1,528.7	)		—
Other		116.6		141.9		269.1		—			527.6

Total long-term liabilities		1,185.2		792.1		1,147.6		(1,528.7	)		1,596.2

EQUITY:
Lear Corporation stockholders’ equity		3,145.8		2,073.8		1,842.9		(3,916.7	)		3,145.8
Noncontrolling interests		—		—		75.4		—			75.4

Equity		3,145.8		2,073.8		1,918.3		(3,916.7	)		3,221.2

Total liabilities and equity	$	4,546.4	$	3,785.6	$	6,075.2	$	(5,445.4	)	$	8,961.8


	December 31, 2013
	Lear		Guarantors		Non- guarantors		Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	343.5	$	0.1	$	794.1	$	—		$	1,137.7
Accounts receivable		41.2		349.7		1,887.4		—			2,278.3
Inventories		4.8		297.9		516.0		—			818.7
Other		147.7		77.3		462.8		—			687.8

Total current assets		537.2		725.0		3,660.3		—			4,922.5

LONG-TERM ASSETS:
Property, plant and equipment, net		95.5		316.0		1,175.7		—			1,587.2
Goodwill		23.5		401.0		332.7		—			757.2
Investments in subsidiaries		1,802.4		1,878.5		—		(3,680.9	)		—
Intercompany accounts, net		1,373.1		—		—		(1,373.1	)		—
Other		591.5		71.5		401.0		—			1,064.0

Total long-term assets		3,886.0		2,667.0		1,909.4		(5,054.0	)		3,408.4

Total assets	$	4,423.2	$	3,392.0	$	5,569.7	$	(5,054.0	)	$	8,330.9


LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Accounts payable and drafts	$	73.8	$	582.4	$	1,782.5	$	—		$	2,438.7
Accrued liabilities		127.9		156.1		856.4		—			1,140.4

Total current liabilities		201.7		738.5		2,638.9		—			3,579.1

LONG-TERM LIABILITIES:
Long-term debt		1,057.1		—		—		—			1,057.1
Intercompany accounts, net		—		515.2		857.9		(1,373.1	)		—
Other		118.5		143.0		283.7		—			545.2

Total long-term liabilities		1,175.6		658.2		1,141.6		(1,373.1	)		1,602.3

EQUITY:
Lear Corporation stockholders’ equity		3,045.9		1,995.3		1,685.6		(3,680.9	)		3,045.9
Noncontrolling interests		—		—		103.6		—			103.6

Equity		3,045.9		1,995.3		1,789.2		(3,680.9	)		3,149.5

Total liabilities and equity	$	4,423.2	$	3,392.0	$	5,569.7	$	(5,054.0	)	$	8,330.9


	For the Three Months Ended June 28, 2014
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)

Net sales	$	127.7		$	1,815.2		$	3,894.6		$	(1,252.4	)	$	4,585.1

Cost of sales		177.3			1,662.9			3,618.2			(1,252.4	)		4,206.0
Selling, general and administrative expenses		52.8			14.7			70.5			—			138.0
Intercompany operating (income) expense, net		(119.0	)		69.6			49.4			—			—
Amortization of intangible assets		0.4			1.2			6.7			—			8.3
Interest expense		10.7			6.4			(2.5	)		—			14.6
Other expense, net		2.6			0.7			13.5			—			16.8


Consolidated income before income taxes and equity in net income of affiliates and subsidiaries		2.9			59.7			138.8			—			201.4
Provision for income taxes		1.3			22.9			28.6			—			52.8
Equity in net income of affiliates		0.5			—			(9.7	)		—			(9.2	)
Equity in net income of subsidiaries		(147.4	)		(81.0	)		—			228.4			—

Consolidated net income		148.5			117.8			119.9			(228.4	)		157.8
Less: Net income attributable to noncontrolling interests		—			—			9.3			—			9.3


Net income attributable to Lear	$	148.5		$	117.8		$	110.6		$	(228.4	)	$	148.5


Consolidated comprehensive income	$	154.5		$	121.7		$	122.0		$	(234.7	)	$	163.5
Less: Comprehensive income attributable to noncontrolling interests		—			—			9.0			—			9.0


Comprehensive income attributable to Lear	$	154.5		$	121.7		$	113.0		$	(234.7	)	$	154.5


	For the Three Months Ended June 29, 2013
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)

Net sales	$	125.6		$	1,615.8		$	3,537.8		$	(1,166.1	)	$	4,113.1

Cost of sales		144.2			1,479.3			3,318.0			(1,166.1	)		3,775.4
Selling, general and administrative expenses		38.3			14.2			75.4			—			127.9
Intercompany operating (income) expense, net		(70.1	)		33.1			37.0			—			—
Amortization of intangible assets		0.4			1.2			7.0			—			8.6
Interest expense		9.1			8.8			(0.5	)		—			17.4
Other expense, net		1.8			0.3			8.2			—			10.3


Consolidated income before income taxes and equity in net income of affiliates and subsidiaries		1.9			78.9			92.7			—			173.5
Provision for income taxes		4.2			28.7			8.2			—			41.1
Equity in net income of affiliates		(0.7	)		(0.4	)		(8.8	)		—			(9.9	)
Equity in net income of subsidiaries		(138.9	)		(43.4	)		—			182.3			—

Consolidated net income		137.3			94.0			93.3			(182.3	)		142.3
Less: Net income attributable to noncontrolling interests		—			—			5.0			—			5.0


Net income attributable to Lear	$	137.3		$	94.0		$	88.3		$	(182.3	)	$	137.3


Consolidated comprehensive income	$	108.4		$	70.2		$	82.3		$	(147.2	)	$	113.7
Less: Comprehensive income attributable to noncontrolling interests		—			—			5.3			—			5.3


Comprehensive income attributable to Lear	$	108.4		$	70.2		$	77.0		$	(147.2	)	$	108.4


	For the Six Months Ended June 28, 2014
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)

Net sales	$	230.8		$	3,449.8		$	7,685.7		$	(2,421.4	)	$	8,944.9

Cost of sales		330.6			3,146.9			7,149.2			(2,421.4	)		8,205.3
Selling, general and administrative expenses		115.4			20.0			139.3			—			274.7
Intercompany operating (income) expense, net		(248.2	)		139.3			108.9			—			—
Amortization of intangible assets		0.8			2.4			13.6			—			16.8
Interest expense		24.2			11.2			(4.0	)		—			31.4
Other expense, net		19.9			0.4			25.7			—			46.0


Consolidated income before income taxes and equity in net income of affiliates and subsidiaries		(11.9	)		129.6			253.0			—			370.7
Provision for income taxes		(5.3	)		53.1			57.7			—			105.5
Equity in net income of affiliates		0.6			(0.5	)		(21.3	)		—			(21.2	)
Equity in net income of subsidiaries		(277.7	)		(133.0	)		—			410.7			—

Consolidated net income		270.5			210.0			216.6			(410.7	)		286.4
Less: Net income attributable to noncontrolling interests		—			—			15.9			—			15.9


Net income attributable to Lear	$	270.5		$	210.0		$	200.7		$	(410.7	)	$	270.5


Consolidated comprehensive income	$	267.5		$	215.0		$	206.4		$	(407.6	)	$	281.3
Less: Comprehensive income attributable to noncontrolling interests		—			—			13.8			—			13.8


Comprehensive income attributable to Lear	$	267.5		$	215.0		$	192.6		$	(407.6	)	$	267.5


	For the Six Months Ended June 29, 2013
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)

Net sales	$	247.2		$	3,143.5		$	6,975.1		$	(2,305.6	)	$	8,060.2

Cost of sales		297.3			2,866.2			6,552.2			(2,305.6	)		7,410.1
Selling, general and administrative expenses		78.7			31.9			146.9			—			257.5
Intercompany operating (income) expense, net		(124.4	)		64.4			60.0			—			—
Amortization of intangible assets		0.8			2.4			14.0			—			17.2
Interest expense		24.1			12.1			(2.1	)		—			34.1
Other expense, net		6.2			0.8			14.0			—			21.0


Consolidated income before income taxes and equity in net income of affiliates and subsidiaries		(35.5	)		165.7			190.1			—			320.3
Provision for income taxes		(12.4	)		60.6			30.8			—			79.0
Equity in net income of affiliates		(0.7	)		(0.1	)		(17.1	)		—			(17.9	)
Equity in net income of subsidiaries		(268.2	)		(85.9	)		—			354.1			—

Consolidated net income		245.8			191.1			176.4			(354.1	)		259.2
Less: Net income attributable to noncontrolling interests		—			—			13.4			—			13.4


Net income attributable to Lear	$	245.8		$	191.1		$	163.0		$	(354.1	)	$	245.8


Consolidated comprehensive income	$	194.3		$	184.1		$	131.9		$	(301.9	)	$	208.4
Less: Comprehensive income attributable to noncontrolling interests		—			—			14.1			—			14.1


Comprehensive income attributable to Lear	$	194.3		$	184.1		$	117.8		$	(301.9	)	$	194.3


	For the Six Months Ended June 28, 2014
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(Unaudited; in millions)

Net cash provided by operating activities	$	25.8		$	16.7		$	132.5		$	—	$	175.0
Cash Flows from Investing Activities:
Additions to property, plant and equipment		(4.6	)		(37.5	)		(147.0	)		—		(189.1	)
Other, net		(2.5	)		14.9			(27.3	)		—		(14.9	)

Net cash used in investing activities		(7.1	)		(22.6	)		(174.3	)		—		(204.0	)

Cash Flows from Financing Activities:
Proceeds from the issuance of senior notes		325.0			—			—			—		325.0
Repurchase of senior notes		(327.1	)		—			—			—		(327.1	)
Payment of debt issuance and other financing costs		(3.8	)		—			—			—		(3.8	)
Repurchase of common stock		(156.0	)		—			—			—		(156.0	)
Dividends paid to Lear Corporation stockholders		(33.6	)		—			—			—		(33.6	)
Dividends paid to noncontrolling interests		—			—			(6.8	)		—		(6.8	)
Other		(20.4	)		—			(17.8	)		—		(38.2	)
Change in intercompany accounts		19.8			5.8			(25.6	)		—		—

Net cash used in financing activities		(196.1	)		5.8			(50.2	)		—		(240.5	)

Effect of foreign currency translation		—			—			(3.1	)		—		(3.1	)

Net Change in Cash and Cash Equivalents		(177.4	)		(0.1	)		(95.1	)		—		(272.6	)
Cash and Cash Equivalents as of Beginning of Period		343.5			0.1			794.1			—		1,137.7

Cash and Cash Equivalents as of End of Period	$	166.1		$	—		$	699.0		$	—	$	865.1


	For the Six Months Ended June 29, 2013
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(Unaudited; in millions)

Net cash provided by operating activities	$	(3.5	)	$	143.0		$	125.9		$	—	$	265.4
Cash Flows from Investing Activities:
Additions to property, plant and equipment		(6.9	)		(58.5	)		(161.0	)		—		(226.4	)
Insurance proceeds		—			—			7.1			—		7.1
Other, net		46.9			0.1			(6.4	)		—		40.6

Net cash used in investing activities		40.0			(58.4	)		(160.3	)		—		(178.7	)

Cash Flows from Financing Activities:
Proceeds from the issuance of senior notes		500.0			—			—			—		500.0
Repurchase of senior notes		(72.1	)		—			—			—		(72.1	)
Payment of debt issuance and other financing costs		(13.4	)		—			—			—		(13.4	)
Repurchase of common stock		(1,000.1	)		—			—			—		(1,000.1	)
Dividends paid to Lear Corporation stockholders		(29.6	)		—			—			—		(29.6	)
Dividends paid to noncontrolling interests		—			—			(14.8	)		—		(14.8	)
Other		(2.7	)		—			(6.6	)		—		(9.3	)
Change in intercompany accounts		254.6			(84.6	)		(170.0	)		—		—

Net cash used in financing activities		(363.3	)		(84.6	)		(191.4	)		—		(639.3	)

Effect of foreign currency translation		—			—			(8.5	)		—		(8.5	)

Net Change in Cash and Cash Equivalents		(326.8	)		—			(234.3	)		—		(561.1	)
Cash and Cash Equivalents as of Beginning of Period		481.4			0.1			920.7			—		1,402.2

Cash and Cash Equivalents as of End of Period	$	154.6		$	0.1		$	686.4		$	—	$	841.1

Basis of Presentation — Certain of the Company’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, including the Company’s obligations to pay principal, premium, if any, and interest with respect to the Notes. The Notes consist of $245 million in aggregate principal amount at maturity of 8.125% senior unsecured notes due 2020, $500 million in aggregate principal amount of 4.75% senior unsecured notes due 2023 and $325 million in aggregate principal amount of 5.375% senior unsecured notes due 2024. The Guarantors include Guilford Mills, Inc., Lear Corporation EEDS and Interiors, Lear Mexican Seating Corporation and Lear Operations Corporation. 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 2013 supplemental guarantor condensed consolidating financial statements have been restated to reflect certain changes to the equity investments of the Guarantors, as well as the correction of a non-cash allocation of the provision for income taxes among the Guarantors and the Non-guarantors. The consolidated provision for income taxes was not impacted.

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

Selling, General and Administrative Expenses — Corporate and division selling, general and administrative expenses are allocated to the operating subsidiaries based on various factors, which estimate usage of particular corporate and division functions, and in certain instances, other relevant factors, such as the revenues or the number of employees of the Company’s subsidiaries. During the three months ended June 28, 2014 and June 29, 2013, $29.2 million and $30.3 million, respectively, of selling, general and administrative expenses were allocated from Lear. During the six months ended June 28, 2014 and June 29, 2013, $59.8 million and $61.6 million, respectively, of selling, general and administrative expenses were allocated from Lear.

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


	June 28, 2014		December 31, 2013

Senior notes	$	1,068.6	$	1,057.1

Basis of Presentation (Policies)

6 Months Ended

Jun. 28, 2014

Accounting Policies [Abstract]

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.

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.

Reclassifications

Certain amounts in the prior period’s financial statements have been reclassified to conform to the presentation used in the quarter ended June 28, 2014.

Cost of Sales

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

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.

Pre-Production Costs Related to Long-Term Supply Arrangement

Property, Plant and Equipment, Policy

Impairment of Long-Lived Assets

Impairment of Goodwill

Net Income Per Share Attributable to Lear

Product Warranty

Insurance Recoveries

Insurance Recoveries

Derivative Instruments and Hedging Activities

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).

Fair Value of Financial Instruments, Policy

Fair Value Measurements


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.

Restructuring (Tables)

6 Months Ended

Jun. 28, 2014

Restructuring And Related Activities [Abstract]

Summary of Restructuring Activity

A summary of 2014 activity is shown below (in millions):


					Utilization
	Accrual as of January 1, 2014		2014 Charges		Cash			Non-cash			Accrual as of June 28, 2014

Employee termination benefits	$	38.7	$	61.1	$	(42.0	)	$	—		$	57.8
Asset impairment charges		—		0.1		—			(0.1	)		—
Contract termination costs		5.6		0.1		(0.7	)		—			5.0
Other related costs		—		4.3		(4.3	)		—			—

Total	$	44.3	$	65.6	$	(47.0	)	$	(0.1	)	$	62.8

Inventories (Tables)

6 Months Ended

Jun. 28, 2014

Inventory Disclosure [Abstract]

Summary of Inventories

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


	June 28, 2014		December 31, 2013

Raw materials	$	691.1	$	633.5
Work-in-process		48.9		45.8
Finished goods		141.6		139.4

Inventories	$	881.6	$	818.7

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

6 Months Ended

Jun. 28, 2014

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

The classification of recoverable customer E&D and tooling costs related to long-term supply agreements is shown below (in millions):


	June 28, 2014		December 31, 2013

Current	$	131.3	$	134.2
Long-term		41.9		52.9

Recoverable customer E&D and tooling	$	173.2	$	187.1

Long-Term Assets (Tables)

6 Months Ended

Jun. 28, 2014

Summary of Property, Plant and Equipment

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


	June 28, 2014			December 31, 2013

Land	$	115.8		$	113.4
Buildings and improvements		547.0			532.0
Machinery and equipment		1,796.4			1,645.0
Construction in progress		160.1			155.2

Total property, plant and equipment		2,619.3			2,445.6
Less – accumulated depreciation		(965.0	)		(858.4	)

Property, plant and equipment, net	$	1,654.3		$	1,587.2

Goodwill (Tables)

6 Months Ended

Jun. 28, 2014

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amount of Goodwill

A summary of the changes in the carrying amount of goodwill, all of which relates to the seating segment, for the six months ended June 28, 2014, is shown below (in millions):


Balance as of January 1, 2014	$	757.2
Foreign currency translation and other		(2.5	)

Balance as of June 28, 2014	$	754.7

Debt (Tables)

6 Months Ended

Jun. 28, 2014

Debt Disclosure [Abstract]

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):


	June 28, 2014					December 31, 2013
	Long-Term Debt		Weighted Average Interest Rate			Long-Term Debt		Weighted Average Interest Rate

7.875% Senior Notes due 2018	$	—		—		$	278.8		8.00	%
8.125% Senior Notes due 2020		243.6		8.25	%		278.3		8.25	%
4.75% Senior Notes due 2023		500.0		4.75	%		500.0		4.75	%
5.375% Senior Notes due 2024		325.0		5.375	%		—		—

Long-term debt	$	1,068.6				$	1,057.1

Redemption Prices


Twelve-Month Period Commencing March 15,	2024 Notes
2019		102.688	%
2020		101.792	%
2021		100.896	%
2022 and thereafter		100.0	%

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher 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 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: 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 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=26873400&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 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: 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 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

Pension Plans, Defined Benefit

Pension and Other Postretirement Benefit Plans (Tables)

6 Months Ended

Jun. 28, 2014

Components of Net Periodic Benefit Cost

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


	Three Months Ended												Six Months Ended
	June 28, 2014						June 29, 2013						June 28, 2014						June 29, 2013
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign

Service cost	$	0.9		$	2.1		$	0.7		$	2.5		$	1.8		$	4.3		$	1.4		$	5.0
Interest cost		7.1			5.2			6.5			5.1			14.2			10.3			13.1			10.4
Expected return on plan assets		(9.5	)		(6.8	)		(8.1	)		(6.3	)		(19.0	)		(13.5	)		(16.2	)		(12.7	)
Amortization of actuarial (gain) loss		—			0.3			1.1			1.6			(0.1	)		0.6			2.1			3.2
Settlement loss		—			—			—			—			0.1			—			—			—

Net periodic benefit cost	$	(1.5	)	$	0.8		$	0.2		$	2.9		$	(3.0	)	$	1.7		$	0.4		$	5.9

Other Postretirement Benefit Plans, Defined Benefit

Components of Net Periodic Benefit Cost

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


	Three Months Ended												Six Months Ended
	June 28, 2014						June 29, 2013						June 28, 2014						June 29, 2013
	U.S.			Foreign			U.S.			Foreign			U.S.			Foreign			U.S.			Foreign

Service cost	$	—		$	0.2		$	0.1		$	0.2		$	0.1		$	0.4		$	0.1		$	0.5
Interest cost		1.0			0.5			0.9			0.8			2.0			1.0			1.8			1.6
Amortization of actuarial (gain) loss		(0.2	)		0.1			(0.1	)		0.1			(0.4	)		0.1			(0.1	)		0.2
Amortization of prior service credit		—			(0.1	)		—			(0.1	)		—			(0.2	)		—			(0.2	)
Special termination benefits		—			—			—			0.2			—			0.2			—			0.2

Net periodic benefit cost	$	0.8		$	0.7		$	0.9		$	1.2		$	1.7		$	1.5		$	1.8		$	2.3

Other Expense, Net (Tables)

6 Months Ended

Jun. 28, 2014

Other Income And Expenses [Abstract]

Summary of Other (Income) Expense, Net

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


	Three Months Ended						Six Months Ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013

Other expense	$	17.4		$	10.4		$	46.8		$	21.5
Other income		(0.6	)		(0.1	)		(0.8	)		(0.5	)

Other expense, net	$	16.8		$	10.3		$	46.0		$	21.0

Net Income Per Share Attributable to Lear (Tables)

6 Months Ended

Jun. 28, 2014

Earnings Per Share [Abstract]

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

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


	Three Months Ended				Six Months Ended
	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013

Net income attributable to Lear	$	148.5	$	137.3	$	270.5	$	245.8


Average common shares outstanding		80,920,465		84,517,205		80,996,837		89,609,759
Dilutive effect of common stock equivalents		1,020,307		1,033,769		1,347,469		1,043,946

Average diluted shares outstanding		81,940,772		85,550,974		82,344,306		90,653,705


Basic net income per share attributable to Lear	$	1.84	$	1.62	$	3.34	$	2.74


Diluted net income per share attributable to Lear	$	1.81	$	1.60	$	3.28	$	2.71

Comprehensive Income and Equity (Tables)

6 Months Ended

Jun. 28, 2014

Equity [Abstract]

Summary of Comprehensive Income and Reconciliations of Equity


	Three Months Ended June 28, 2014									Six Months Ended June 28, 2014
	Equity			Lear Corporation Stockholders			Non- controlling Interests			Equity			Lear Corporation Stockholders			Non- controlling Interests

Beginning equity balance	$	3,242.5		$	3,142.3		$	100.2		$	3,149.5		$	3,045.9		$	103.6
Stock-based compensation transactions		16.3			16.3			—			16.6			16.6			—
Repurchase of common stock		(156.0	)		(156.0	)		—			(156.0	)		(156.0	)		—
Dividends declared to Lear Corporation stockholders		(16.7	)		(16.7	)		—			(33.9	)		(33.9	)		—
Dividends paid to noncontrolling interests		(1.0	)		—			(1.0	)		(6.8	)		—			(6.8	)
Acquisitions of noncontrolling interests		(15.9	)		5.4			(21.3	)		(18.0	)		5.7			(23.7	)
Sale of controlling interest		(11.5	)		—			(11.5	)		(11.5	)		—			(11.5	)
Comprehensive income:
Net income		157.8			148.5			9.3			286.4			270.5			15.9
Other comprehensive income (loss), net of tax:
Defined benefit plan adjustments		0.1			0.1			—			0.1			0.1			—
Derivative instruments and hedging activities		2.8			2.8			—			4.7			4.7			—
Foreign currency translation adjustments		2.8			3.1			(0.3	)		(9.9	)		(7.8	)		(2.1	)

Other comprehensive income (loss)		5.7			6.0			(0.3	)		(5.1	)		(3.0	)		(2.1	)

Comprehensive income		163.5			154.5			9.0			281.3			267.5			13.8

Ending equity balance	$	3,221.2		$	3,145.8		$	75.4		$	3,221.2		$	3,145.8		$	75.4


	Three Months Ended June 29, 2013									Six Months Ended June 29, 2013
	Equity			Lear Corporation Stockholders			Non- controlling Interests			Equity			Lear Corporation Stockholders			Non- controlling Interests

Beginning equity balance	$	3,485.8		$	3,360.6		$	125.2		$	3,612.2		$	3,487.1		$	125.1
Stock-based compensation transactions		14.4			14.4			—			21.8			21.8			—
Repurchase of common stock		(800.0	)		(800.0	)		—			(1,000.1	)		(1,000.1	)		—
Dividends declared to Lear Corporation stockholders		(14.1	)		(14.1	)		—			(30.6	)		(30.6	)		—
Dividends paid to noncontrolling interests		(9.5	)		—			(9.5	)		(14.8	)		—			(14.8	)
Acquisition of noncontrolling interests		—			—			—			(6.6	)		(3.2	)		(3.4	)
Comprehensive income:
Net income		142.3			137.3			5.0			259.2			245.8			13.4
Other comprehensive income (loss), net of tax:
Defined benefit plan adjustments		1.8			1.8			—			3.7			3.7			—
Derivative instruments and hedging activities		(16.1	)		(16.1	)		—			(8.8	)		(8.8	)		—
Foreign currency translation adjustments		(14.3	)		(14.6	)		0.3			(45.7	)		(46.4	)		0.7

Other comprehensive income (loss)		(28.6	)		(28.9	)		0.3			(50.8	)		(51.5	)		0.7

Comprehensive income		113.7			108.4			5.3			208.4			194.3			14.1

Ending equity balance	$	2,790.3		$	2,669.3		$	121.0		$	2,790.3		$	2,669.3		$	121.0

Summary of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax

A summary of changes in accumulated other comprehensive income (loss), net of tax for the three and six months ended June 28, 2014, is shown below (in millions):


	Three Months Ended June 28, 2014			Six Months Ended June 28, 2014
Defined benefit plan adjustments:
Balance at beginning of period	$	(104.5	)	$	(104.5	)
Reclassification adjustments		0.1			0.1

Balance at end of period	$	(104.4	)	$	(104.4	)


Derivative instruments and hedging activities:
Balance at beginning of period	$	(3.4	)	$	(5.3	)
Reclassification adjustments		(2.5	)		(3.3	)
Other comprehensive income recognized during the period		5.3			8.0

Balance at end of period	$	(0.6	)	$	(0.6	)


Foreign currency translation adjustments:
Balance at beginning of period	$	(67.2	)	$	(56.3	)
Other comprehensive income (loss) recognized during the period		3.1			(7.8	)

Balance at end of period	$	(64.1	)	$	(64.1	)

A summary of changes in accumulated other comprehensive income (loss), net of tax for the three and six months ended June 29, 2013, is shown below (in millions):


	Three Months Ended June 29, 2013			Six Months Ended June 29, 2013
Defined benefit plan adjustments:
Balance at beginning of period	$	(248.0	)	$	(249.9	)
Reclassification adjustments		1.8			3.7

Balance at end of period	$	(246.2	)	$	(246.2	)


Derivative instruments and hedging activities:
Balance at beginning of period	$	10.0		$	2.7
Reclassification adjustments		(7.7	)		(13.5	)
Other comprehensive income recognized during the period		(8.4	)		4.7

Balance at end of period	$	(6.1	)	$	(6.1	)


Foreign currency translation adjustments:
Balance at beginning of period	$	(85.4	)	$	(53.6	)
Other comprehensive loss recognized during the period		(14.6	)		(46.4	)

Balance at end of period	$	(100.0	)	$	(100.0	)

Legal and Other Contingencies (Tables)

6 Months Ended

Jun. 28, 2014

Commitments And Contingencies Disclosure [Abstract]

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 the six months ended June 28, 2014, is shown below (in millions):


Balance as of January 1, 2014	$	28.3
Expense, net (including changes in estimates)		6.1
Settlements		(4.4	)

Balance as of June 28, 2014	$	30.0

Segment Reporting (Tables)

6 Months Ended

Jun. 28, 2014

Segment Reporting [Abstract]

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):


	Three Months Ended June 28, 2014
	Seating		Electrical		Other			Consolidated

Revenues from external customers	$	3,443.6	$	1,141.5	$	—		$	4,585.1
Segment earnings ⁽¹⁾		164.2		138.3		(69.7	)		232.8
Depreciation and amortization		50.4		25.9		1.9			78.2
Capital expenditures		55.6		35.7		1.3			92.6
Total assets		5,415.4		1,797.5		1,748.9			8,961.8


	Three Months Ended June 29, 2013
	Seating		Electrical		Other			Consolidated

Revenues from external customers	$	3,069.2	$	1,043.9	$	—		$	4,113.1
Segment earnings ⁽¹⁾		166.5		94.9		(60.2	)		201.2
Depreciation and amortization		44.1		23.1		1.8			69.0
Capital expenditures		80.1		43.2		4.4			127.7
Total assets		4,754.7		1,594.8		1,817.3			8,166.8


	Six Months Ended June 28, 2014
	Seating		Electrical		Other			Consolidated

Revenues from external customers	$	6,669.5	$	2,275.4	$	—		$	8,944.9
Segment earnings ⁽¹⁾		316.4		276.6		(144.9	)		448.1
Depreciation and amortization		97.9		50.9		3.9			152.7
Capital expenditures		129.5		57.4		2.2			189.1
Total assets		5,415.4		1,797.5		1,748.9			8,961.8


	Six Months Ended June 29, 2013
	Seating		Electrical		Other			Consolidated

Revenues from external customers	$	5,980.9	$	2,079.3	$	—		$	8,060.2
Segment earnings ⁽¹⁾		307.9		183.9		(116.4	)		375.4
Depreciation and amortization		86.7		45.0		3.7			135.4
Capital expenditures		147.6		73.5		5.3			226.4
Total assets		4,754.7		1,594.8		1,817.3			8,166.8

⁽¹⁾	See definition above.

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

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


	Three Months Ended				Six Months Ended
	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013

Segment earnings	$	232.8	$	201.2	$	448.1	$	375.4
Interest expense		14.6		17.4		31.4		34.1
Other expense, net		16.8		10.3		46.0		21.0

Consolidated income before provision for income taxes and equity in net income of affiliates	$	201.4	$	173.5	$	370.7	$	320.3

Financial Instruments (Tables)

6 Months Ended

Jun. 28, 2014

Fair Value of Outstanding Foreign Currency Derivative Contracts and Related Classification


	June 28, 2014			December 31, 2013
Contracts qualifying for hedge accounting:
Other current assets	$	16.0		$	12.4
Other long-term assets		1.9			0.7
Other current liabilities		(3.9	)		(6.5	)
Other long-term liabilities		(0.2	)		(0.1	)

		13.8			6.5

Contracts not qualifying for hedge accounting:
Other current assets		0.9			0.4
Other current liabilities		(1.9	)		(0.5	)

		(1.0	)		(0.1	)

	$	12.8		$	6.4

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 at fair value on a recurring basis as of June 28, 2014 and December 31, 2013, are shown below (in millions):


	June 28, 2014
	Frequency		Asset (Liability)		Valuation Technique	Level 1		Level 2		Level 3
Foreign currency derivative contracts, net		Recurring	$	12.8	Market/Income	$	—	$	12.8	$	—


	December 31, 2013
	Frequency		Asset (Liability)		Valuation Technique	Level 1		Level 2		Level 3
Foreign currency derivative contracts, net		Recurring	$	6.4	Market/Income	$	—	$	6.4	$	—

Foreign Exchange Contract

Pretax Amounts Related to Derivative Contracts

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


	Three Months Ended						Six Months Ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$	7.3		$	(11.8	)	$	10.5		$	6.4
Gains reclassified from accumulated other comprehensive loss		(3.5	)		(10.6	)		(4.5	)		(18.8	)

Comprehensive income (loss)	$	3.8		$	(22.4	)	$	6.0		$	(12.4	)

Supplemental Guarantor Condensed Consolidating Financial Statements (Tables)

6 Months Ended

Jun. 28, 2014

Schedule of Condensed Balance Sheet


	June 28, 2014
	Lear		Guarantors		Non- guarantors		Eliminations			Consolidated
	(Unaudited; in millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	166.1	$	—	$	699.0	$	—		$	865.1
Accounts receivable		70.4		613.5		2,380.5		—			3,064.4
Inventories		3.2		315.0		563.4		—			881.6
Other		162.5		70.2		484.5		—			717.2

Total current assets		402.2		998.7		4,127.4		—			5,528.3

LONG-TERM ASSETS:
Property, plant and equipment, net		93.2		319.1		1,242.0		—			1,654.3
Goodwill		23.5		401.0		330.2		—			754.7
Investments in subsidiaries		1,908.2		2,008.5		—		(3,916.7	)		—
Intercompany accounts, net		1,528.7		—		—		(1,528.7	)		—
Other		590.6		58.3		375.6		—			1,024.5

Total long-term assets		4,144.2		2,786.9		1,947.8		(5,445.4	)		3,433.5

Total assets	$	4,546.4	$	3,785.6	$	6,075.2	$	(5,445.4	)	$	8,961.8


LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Accounts payable and drafts	$	103.9	$	733.4	$	1,983.8	$	—		$	2,821.1
Accrued liabilities		111.5		186.3		1,025.5		—			1,323.3

Total current liabilities		215.4		919.7		3,009.3		—			4,144.4

LONG-TERM LIABILITIES:
Long-term debt		1,068.6		—		—		—			1,068.6
Intercompany accounts, net		—		650.2		878.5		(1,528.7	)		—
Other		116.6		141.9		269.1		—			527.6

Total long-term liabilities		1,185.2		792.1		1,147.6		(1,528.7	)		1,596.2

EQUITY:
Lear Corporation stockholders’ equity		3,145.8		2,073.8		1,842.9		(3,916.7	)		3,145.8
Noncontrolling interests		—		—		75.4		—			75.4

Equity		3,145.8		2,073.8		1,918.3		(3,916.7	)		3,221.2

Total liabilities and equity	$	4,546.4	$	3,785.6	$	6,075.2	$	(5,445.4	)	$	8,961.8


	December 31, 2013
	Lear		Guarantors		Non- guarantors		Eliminations			Consolidated
	(In millions)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	343.5	$	0.1	$	794.1	$	—		$	1,137.7
Accounts receivable		41.2		349.7		1,887.4		—			2,278.3
Inventories		4.8		297.9		516.0		—			818.7
Other		147.7		77.3		462.8		—			687.8

Total current assets		537.2		725.0		3,660.3		—			4,922.5

LONG-TERM ASSETS:
Property, plant and equipment, net		95.5		316.0		1,175.7		—			1,587.2
Goodwill		23.5		401.0		332.7		—			757.2
Investments in subsidiaries		1,802.4		1,878.5		—		(3,680.9	)		—
Intercompany accounts, net		1,373.1		—		—		(1,373.1	)		—
Other		591.5		71.5		401.0		—			1,064.0

Total long-term assets		3,886.0		2,667.0		1,909.4		(5,054.0	)		3,408.4

Total assets	$	4,423.2	$	3,392.0	$	5,569.7	$	(5,054.0	)	$	8,330.9


LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Accounts payable and drafts	$	73.8	$	582.4	$	1,782.5	$	—		$	2,438.7
Accrued liabilities		127.9		156.1		856.4		—			1,140.4

Total current liabilities		201.7		738.5		2,638.9		—			3,579.1

LONG-TERM LIABILITIES:
Long-term debt		1,057.1		—		—		—			1,057.1
Intercompany accounts, net		—		515.2		857.9		(1,373.1	)		—
Other		118.5		143.0		283.7		—			545.2

Total long-term liabilities		1,175.6		658.2		1,141.6		(1,373.1	)		1,602.3

EQUITY:
Lear Corporation stockholders’ equity		3,045.9		1,995.3		1,685.6		(3,680.9	)		3,045.9
Noncontrolling interests		—		—		103.6		—			103.6

Equity		3,045.9		1,995.3		1,789.2		(3,680.9	)		3,149.5

Total liabilities and equity	$	4,423.2	$	3,392.0	$	5,569.7	$	(5,054.0	)	$	8,330.9

Schedule of Condensed Income Statement


	For the Three Months Ended June 28, 2014
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)

Net sales	$	127.7		$	1,815.2		$	3,894.6		$	(1,252.4	)	$	4,585.1

Cost of sales		177.3			1,662.9			3,618.2			(1,252.4	)		4,206.0
Selling, general and administrative expenses		52.8			14.7			70.5			—			138.0
Intercompany operating (income) expense, net		(119.0	)		69.6			49.4			—			—
Amortization of intangible assets		0.4			1.2			6.7			—			8.3
Interest expense		10.7			6.4			(2.5	)		—			14.6
Other expense, net		2.6			0.7			13.5			—			16.8


Consolidated income before income taxes and equity in net income of affiliates and subsidiaries		2.9			59.7			138.8			—			201.4
Provision for income taxes		1.3			22.9			28.6			—			52.8
Equity in net income of affiliates		0.5			—			(9.7	)		—			(9.2	)
Equity in net income of subsidiaries		(147.4	)		(81.0	)		—			228.4			—

Consolidated net income		148.5			117.8			119.9			(228.4	)		157.8
Less: Net income attributable to noncontrolling interests		—			—			9.3			—			9.3


Net income attributable to Lear	$	148.5		$	117.8		$	110.6		$	(228.4	)	$	148.5


Consolidated comprehensive income	$	154.5		$	121.7		$	122.0		$	(234.7	)	$	163.5
Less: Comprehensive income attributable to noncontrolling interests		—			—			9.0			—			9.0


Comprehensive income attributable to Lear	$	154.5		$	121.7		$	113.0		$	(234.7	)	$	154.5


	For the Three Months Ended June 29, 2013
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)

Net sales	$	125.6		$	1,615.8		$	3,537.8		$	(1,166.1	)	$	4,113.1

Cost of sales		144.2			1,479.3			3,318.0			(1,166.1	)		3,775.4
Selling, general and administrative expenses		38.3			14.2			75.4			—			127.9
Intercompany operating (income) expense, net		(70.1	)		33.1			37.0			—			—
Amortization of intangible assets		0.4			1.2			7.0			—			8.6
Interest expense		9.1			8.8			(0.5	)		—			17.4
Other expense, net		1.8			0.3			8.2			—			10.3


Consolidated income before income taxes and equity in net income of affiliates and subsidiaries		1.9			78.9			92.7			—			173.5
Provision for income taxes		4.2			28.7			8.2			—			41.1
Equity in net income of affiliates		(0.7	)		(0.4	)		(8.8	)		—			(9.9	)
Equity in net income of subsidiaries		(138.9	)		(43.4	)		—			182.3			—

Consolidated net income		137.3			94.0			93.3			(182.3	)		142.3
Less: Net income attributable to noncontrolling interests		—			—			5.0			—			5.0


Net income attributable to Lear	$	137.3		$	94.0		$	88.3		$	(182.3	)	$	137.3


Consolidated comprehensive income	$	108.4		$	70.2		$	82.3		$	(147.2	)	$	113.7
Less: Comprehensive income attributable to noncontrolling interests		—			—			5.3			—			5.3


Comprehensive income attributable to Lear	$	108.4		$	70.2		$	77.0		$	(147.2	)	$	108.4


	For the Six Months Ended June 28, 2014
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)

Net sales	$	230.8		$	3,449.8		$	7,685.7		$	(2,421.4	)	$	8,944.9

Cost of sales		330.6			3,146.9			7,149.2			(2,421.4	)		8,205.3
Selling, general and administrative expenses		115.4			20.0			139.3			—			274.7
Intercompany operating (income) expense, net		(248.2	)		139.3			108.9			—			—
Amortization of intangible assets		0.8			2.4			13.6			—			16.8
Interest expense		24.2			11.2			(4.0	)		—			31.4
Other expense, net		19.9			0.4			25.7			—			46.0


Consolidated income before income taxes and equity in net income of affiliates and subsidiaries		(11.9	)		129.6			253.0			—			370.7
Provision for income taxes		(5.3	)		53.1			57.7			—			105.5
Equity in net income of affiliates		0.6			(0.5	)		(21.3	)		—			(21.2	)
Equity in net income of subsidiaries		(277.7	)		(133.0	)		—			410.7			—

Consolidated net income		270.5			210.0			216.6			(410.7	)		286.4
Less: Net income attributable to noncontrolling interests		—			—			15.9			—			15.9


Net income attributable to Lear	$	270.5		$	210.0		$	200.7		$	(410.7	)	$	270.5


Consolidated comprehensive income	$	267.5		$	215.0		$	206.4		$	(407.6	)	$	281.3
Less: Comprehensive income attributable to noncontrolling interests		—			—			13.8			—			13.8


Comprehensive income attributable to Lear	$	267.5		$	215.0		$	192.6		$	(407.6	)	$	267.5


	For the Six Months Ended June 29, 2013
	Lear			Guarantors			Non- guarantors			Eliminations			Consolidated
	(Unaudited; in millions)

Net sales	$	247.2		$	3,143.5		$	6,975.1		$	(2,305.6	)	$	8,060.2

Cost of sales		297.3			2,866.2			6,552.2			(2,305.6	)		7,410.1
Selling, general and administrative expenses		78.7			31.9			146.9			—			257.5
Intercompany operating (income) expense, net		(124.4	)		64.4			60.0			—			—
Amortization of intangible assets		0.8			2.4			14.0			—			17.2
Interest expense		24.1			12.1			(2.1	)		—			34.1
Other expense, net		6.2			0.8			14.0			—			21.0


Consolidated income before income taxes and equity in net income of affiliates and subsidiaries		(35.5	)		165.7			190.1			—			320.3
Provision for income taxes		(12.4	)		60.6			30.8			—			79.0
Equity in net income of affiliates		(0.7	)		(0.1	)		(17.1	)		—			(17.9	)
Equity in net income of subsidiaries		(268.2	)		(85.9	)		—			354.1			—

Consolidated net income		245.8			191.1			176.4			(354.1	)		259.2
Less: Net income attributable to noncontrolling interests		—			—			13.4			—			13.4


Net income attributable to Lear	$	245.8		$	191.1		$	163.0		$	(354.1	)	$	245.8


Consolidated comprehensive income	$	194.3		$	184.1		$	131.9		$	(301.9	)	$	208.4
Less: Comprehensive income attributable to noncontrolling interests		—			—			14.1			—			14.1


Comprehensive income attributable to Lear	$	194.3		$	184.1		$	117.8		$	(301.9	)	$	194.3

Schedule of Condensed Cash Flow Statement


	For the Six Months Ended June 28, 2014
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(Unaudited; in millions)

Net cash provided by operating activities	$	25.8		$	16.7		$	132.5		$	—	$	175.0
Cash Flows from Investing Activities:
Additions to property, plant and equipment		(4.6	)		(37.5	)		(147.0	)		—		(189.1	)
Other, net		(2.5	)		14.9			(27.3	)		—		(14.9	)

Net cash used in investing activities		(7.1	)		(22.6	)		(174.3	)		—		(204.0	)

Cash Flows from Financing Activities:
Proceeds from the issuance of senior notes		325.0			—			—			—		325.0
Repurchase of senior notes		(327.1	)		—			—			—		(327.1	)
Payment of debt issuance and other financing costs		(3.8	)		—			—			—		(3.8	)
Repurchase of common stock		(156.0	)		—			—			—		(156.0	)
Dividends paid to Lear Corporation stockholders		(33.6	)		—			—			—		(33.6	)
Dividends paid to noncontrolling interests		—			—			(6.8	)		—		(6.8	)
Other		(20.4	)		—			(17.8	)		—		(38.2	)
Change in intercompany accounts		19.8			5.8			(25.6	)		—		—

Net cash used in financing activities		(196.1	)		5.8			(50.2	)		—		(240.5	)

Effect of foreign currency translation		—			—			(3.1	)		—		(3.1	)

Net Change in Cash and Cash Equivalents		(177.4	)		(0.1	)		(95.1	)		—		(272.6	)
Cash and Cash Equivalents as of Beginning of Period		343.5			0.1			794.1			—		1,137.7

Cash and Cash Equivalents as of End of Period	$	166.1		$	—		$	699.0		$	—	$	865.1


	For the Six Months Ended June 29, 2013
	Lear			Guarantors			Non- guarantors			Eliminations		Consolidated
	(Unaudited; in millions)

Net cash provided by operating activities	$	(3.5	)	$	143.0		$	125.9		$	—	$	265.4
Cash Flows from Investing Activities:
Additions to property, plant and equipment		(6.9	)		(58.5	)		(161.0	)		—		(226.4	)
Insurance proceeds		—			—			7.1			—		7.1
Other, net		46.9			0.1			(6.4	)		—		40.6

Net cash used in investing activities		40.0			(58.4	)		(160.3	)		—		(178.7	)

Cash Flows from Financing Activities:
Proceeds from the issuance of senior notes		500.0			—			—			—		500.0
Repurchase of senior notes		(72.1	)		—			—			—		(72.1	)
Payment of debt issuance and other financing costs		(13.4	)		—			—			—		(13.4	)
Repurchase of common stock		(1,000.1	)		—			—			—		(1,000.1	)
Dividends paid to Lear Corporation stockholders		(29.6	)		—			—			—		(29.6	)
Dividends paid to noncontrolling interests		—			—			(14.8	)		—		(14.8	)
Other		(2.7	)		—			(6.6	)		—		(9.3	)
Change in intercompany accounts		254.6			(84.6	)		(170.0	)		—		—

Net cash used in financing activities		(363.3	)		(84.6	)		(191.4	)		—		(639.3	)

Effect of foreign currency translation		—			—			(8.5	)		—		(8.5	)

Net Change in Cash and Cash Equivalents		(326.8	)		—			(234.3	)		—		(561.1	)
Cash and Cash Equivalents as of Beginning of Period		481.4			0.1			920.7			—		1,402.2

Cash and Cash Equivalents as of End of Period	$	154.6		$	0.1		$	686.4		$	—	$	841.1

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):


	June 28, 2014		December 31, 2013

Senior notes	$	1,068.6	$	1,057.1

Restructuring - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			$ 65.6
Cost of sales	$ 4,206.0	$ 3,775.4	8,205.3	$ 7,410.1
Selling, general and administrative expenses	$ 138.0	$ 127.9	274.7	257.5
Asset impairment charges			0.1	$ 4.2
Restructuring Charges
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			65.6
Cost of sales			52.1
Selling, general and administrative expenses			13.5
Expected restructuring cost			42.0
Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			61.1
Contract termination costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			0.1
Other related costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			4.3
Intangible asset and property, plant and equipment fair value adjustments
Restructuring Cost and Reserve [Line Items]
Restructuring reserve period expense			$ 0.1

Summary of Restructuring Activities (Detail) $ in Millions	6 Months Ended
Summary of Restructuring Activities (Detail) $ in Millions	Jun. 28, 2014 USD ($)
Restructuring Cost and Reserve [Line Items]
Accrual as of beginning of period	$ 44.3
Current year charges	65.6
Utilization Cash	(47.0)
Utilization Non-cash	(0.1)
Accrual as of end of period	62.8
Employee termination benefits
Restructuring Cost and Reserve [Line Items]
Accrual as of beginning of period	38.7
Current year charges	61.1
Utilization Cash	(42.0)
Accrual as of end of period	57.8
Asset Impairment Charge
Restructuring Cost and Reserve [Line Items]
Current year charges	0.1
Utilization Non-cash	(0.1)
Contract termination costs
Restructuring Cost and Reserve [Line Items]
Accrual as of beginning of period	5.6
Current year charges	0.1
Utilization Cash	(0.7)
Accrual as of end of period	5.0
Other related costs
Restructuring Cost and Reserve [Line Items]
Current year charges	4.3
Utilization Cash	$ (4.3)

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

Jun. 28, 2014

Dec. 31, 2013

Inventory Disclosure [Abstract]

Raw materials

$ 691.1

$ 633.5

Work-in-process

48.9

45.8

Finished goods

141.6

139.4

Property Plant And Equipment [Abstract]

$ 881.6

^[1]

$ 818.7

[1]	Unaudited.

Pre-Production Costs Related to Long-Term Supply Agreements - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013
Preproduction Costs Related To Long Term Supply Arrangements [Abstract]
Capitalized pre-production E&D costs	$ 103.6	$ 98.6
Capitalized pre-production tooling costs related to customer-owned tools	91.5	101.7
Cash collected related to E&D and tooling costs	$ 202.6	$ 198.3

Classification of Recoverable Customer Engineering, Development and Tooling Costs related to Long-Term Supply Agreements (Detail) - USD ($) $ in Millions	Jun. 28, 2014	Dec. 31, 2013
Pre Production Costs Related to Long Term Supply Arrangements [Line Items]
Recoverable customer E&D and tooling	$ 173.2	$ 187.1
Other Current Assets
Pre Production Costs Related to Long Term Supply Arrangements [Line Items]
Recoverable customer E&D and tooling	131.3	134.2
Other Long-term Assets
Pre Production Costs Related to Long Term Supply Arrangements [Line Items]
Recoverable customer E&D and tooling	$ 41.9	$ 52.9

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

Jun. 28, 2014

Dec. 31, 2013

Land

$ 115.8

$ 113.4

Buildings and improvements

547.0

532.0

Machinery and equipment

1,796.4

1,645.0

Construction in progress

160.1

155.2

Total property, plant and equipment

2,619.3

2,445.6

Less - accumulated depreciation

(965.0)

(858.4)

Foreign currency translation and other

$ 1,654.3

^[1]

$ 1,587.2

[1]	Unaudited.

Long-Term Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Mar. 30, 2013	Jun. 28, 2014	Jun. 29, 2013
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 69.9	$ 60.3		$ 135.9	$ 118.1
Asset impairment charges				$ 0.1	$ 4.2
International Automotive Components Group North America, LLC
Property, Plant and Equipment [Line Items]
Percentage of ownership interest sold			22.88%
Proceeds from sale of equity investments			$ 49.6

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

6 Months Ended

Jun. 28, 2014

USD ($)

Goodwill [Roll Forward]

Beginning balance

$ 757.2

(2.5)

Ending balance

$ 754.7

^[1]

[1]	Unaudited.

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

Jun. 28, 2014

Dec. 31, 2013

7.875% Senior Notes due 2018

$ 1,068.6

^[1]

$ 1,057.1

$ 278.8

8.125% Senior Notes due 2020

8.00%

$ 243.6

$ 278.3

4.75% Senior Notes due 2023

8.25%

$ 500.0

5.375% Senior Notes due 2024

4.75%

$ 325.0

5.375%

[1]	Unaudited.

Summary of Long-Term Debt and Related Weighted Average Interest Rates (Parenthetical) (Detail)	6 Months Ended	12 Months Ended
	Jun. 28, 2014	Dec. 31, 2013
7.875% Senior Notes due 2018
Debt Instrument [Line Items]
Long-term debt, stated coupon rate		7.875%
Long-term debt, maturity year		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
4.75% Senior Notes due 2023
Debt Instrument [Line Items]
Long-term debt, stated coupon rate	4.75%	4.75%
Long-term debt, maturity date	Jan. 15, 2023	Jan. 15, 2023
5.375% Senior Notes due 2024
Debt Instrument [Line Items]
Long-term debt, stated coupon rate	5.375%
Long-term debt, maturity year	2024

Debt - Additional Information (Detail) - USD ($)		3 Months Ended		6 Months Ended		12 Months Ended
Debt - Additional Information (Detail) - USD ($)	Mar. 11, 2014	Mar. 29, 2014	Mar. 30, 2013	Jun. 28, 2014	Jun. 29, 2013	Dec. 31, 2013
Debt Instrument [Line Items]
Payment for redemption of aggregate principal amount			$ 70,000,000
Cash paid for debt redemption		$ 327,100,000	72,100,000	$ 327,100,000	$ 72,100,000
Loss on extinguishment of debt		$ 17,500,000	$ 3,600,000	$ 17,500,000	$ 3,600,000
Line of credit facility, maturity date				Jan. 30, 2018
Line of credit facility, maximum borrowing capacity				$ 1,000,000,000
Borrowings outstanding				$ 0		$ 0
Minimum
Debt Instrument [Line Items]
Line of credit facility, facility fee				0.25%
Maximum
Debt Instrument [Line Items]
Line of credit facility, facility fee				0.50%
Line of Credit
Debt Instrument [Line Items]
Line of credit facility, covenants and restrictions				The revolving credit facility 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 June 28, 2014, the Company was in compliance with all covenants under the agreement governing the revolving credit facility.
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				1.00%
Maximum interest rate margin				2.25%
Line of credit facility, interest rate at period end				1.50%
Line of Credit \| Base Rate
Debt Instrument [Line Items]
Minimum interest rate margin				0.00%
Maximum interest rate margin				1.25%
Line of credit facility, interest rate at period end				0.50%
5.375% Senior Notes due 2024
Debt Instrument [Line Items]
Long-term debt, aggregate principal amount				$ 325,000,000
Long-term debt, stated coupon rate				5.375%
Notes, payment terms				The 2024 Notes were issued on March 11, 2014, and interest is payable on March 15 and September 15 of each year.
Proceeds from issuance of debt	$ 325,000,000
Debt issuance cost	$ 3,800,000
Senior notes, redemption description				Prior to March 15, 2017, the Company may redeem up to 35% of the aggregate principal amount of the 2024 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 105.375% 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 2024 Notes remains outstanding after the redemption. and any such redemption is made 90 days after the closing of such equity offering. Prior to March 15, 2019, the Company may redeem the 2024 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.
Description of Notes restrictive covenants				Subject to certain exceptions, the indenture governing the 2023 Notes and 2024 Notes contains restrictive covenants that, among other things, limit the ability of the Company to (i) create or permit certain liens, (ii) enter into sale and leaseback transactions and (iii) consolidate or merge or sell all or substantially all of the Company's assets. These indentures also provide for customary events of default.
Compliance with covenants under Notes				As of June 28, 2014, the Company was in compliance with all covenants under the indentures governing the Notes.
5.375% Senior Notes due 2024 \| Prior To March Fifteen Two Thousand Seventeen
Debt Instrument [Line Items]
Senior notes, redeemable percentage of the aggregate principal amount of the Notes in equity offerings				35.00%
Senior unsecured notes, redemption price				105.375%
Outstanding original aggregate principal amount				65.00%
Redemption of notes				90 days
5.375% Senior Notes due 2024 \| Prior To March Fifteen Two Thousand Nineteen
Debt Instrument [Line Items]
Senior notes, redemption price percentage, make whole premium				100.00%
8.125% Senior Notes due 2020
Debt Instrument [Line Items]
Long-term debt, aggregate principal amount				$ 245,000,000
Long-term debt, stated coupon rate				8.125%		8.125%
Long-term debt, price				99.164%
Long-term debt, yield to maturity				8.25%
Notes, payment terms				The 2020 Notes were issued on March 26, 2010, and interest is payable on March 15 and September 15 of each year.
Long-term debt, maturity date				Mar. 15, 2020		Mar. 15, 2020
Percentage of debt redemption			10.00%	10.00%
Payment for redemption of aggregate principal amount				$ 35,000,000
Description of Notes restrictive covenants				The indenture governing the 2020 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 2020 Notes. In addition, if in the future the 2020 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 2020 Notes for so long as the 2020 Notes have an investment grade credit rating by both rating agencies. The indenture governing the 2020 Notes also contains customary events of default.
Compliance with covenants under Notes				As of June 28, 2014, the Company was in compliance with all covenants under the indentures governing the Notes.
7.875% Senior Notes due 2018
Debt Instrument [Line Items]
Long-term debt, stated coupon rate						7.875%
Percentage of debt redemption			10.00%
Payment for redemption of aggregate principal amount				$ 280,000,000
4.75% Senior Notes due 2023
Debt Instrument [Line Items]
Long-term debt, aggregate principal amount				$ 500,000,000
Long-term debt, stated coupon rate				4.75%		4.75%
Notes, payment terms				The 2023 Notes were issued on January 17, 2013, and interest is payable on January 15 and July 15 of each year.
Long-term debt, maturity date				Jan. 15, 2023		Jan. 15, 2023
Description of Notes restrictive covenants				Subject to certain exceptions, the indenture governing the 2023 Notes and 2024 Notes contains restrictive covenants that, among other things, limit the ability of the Company to (i) create or permit certain liens, (ii) enter into sale and leaseback transactions and (iii) consolidate or merge or sell all or substantially all of the Company's assets. These indentures also provide for customary events of default.
Compliance with covenants under Notes				As of June 28, 2014, the Company was in compliance with all covenants under the indentures governing the Notes.

Redemption Prices (Detail) - 5.375% Senior Notes due 2024	6 Months Ended
	Jun. 28, 2014
2019
Debt Instrument [Line Items]
Debt instrument redemption price percentage	102.688%
2020
Debt Instrument [Line Items]
Debt instrument redemption price percentage	101.792%
2021
Debt Instrument [Line Items]
Debt instrument redemption price percentage	100.896%
2022 and thereafter
Debt Instrument [Line Items]
Debt instrument redemption price percentage	100.00%

Components of Net Periodic Benefit Costs (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
U.S. Other Postretirement
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost		$ 0.1	$ 0.1	$ 0.1
Interest cost	$ 1.0	0.9	2.0	1.8
Amortization of actuarial (gain) loss	(0.2)	(0.1)	(0.4)	(0.1)
Net periodic benefit cost	0.8	0.9	1.7	1.8
Foreign Other Postretirement
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	0.2	0.2	0.4	0.5
Interest cost	0.5	0.8	1.0	1.6
Amortization of actuarial (gain) loss	0.1	0.1	0.1	0.2
Amortization of prior service credit	(0.1)	(0.1)	(0.2)	(0.2)
Special termination benefits		0.2	0.2	0.2
Net periodic benefit cost	0.7	1.2	1.5	2.3
U.S. Pension
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	0.9	0.7	1.8	1.4
Interest cost	7.1	6.5	14.2	13.1
Expected return on plan assets	(9.5)	(8.1)	(19.0)	(16.2)
Amortization of actuarial (gain) loss		1.1	(0.1)	2.1
Settlement loss			0.1
Net periodic benefit cost	(1.5)	0.2	(3.0)	0.4
Foreign Pension
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	2.1	2.5	4.3	5.0
Interest cost	5.2	5.1	10.3	10.4
Expected return on plan assets	(6.8)	(6.3)	(13.5)	(12.7)
Amortization of actuarial (gain) loss	0.3	1.6	0.6	3.2
Net periodic benefit cost	$ 0.8	$ 2.9	$ 1.7	$ 5.9

Pension and Other Postretirement Benefit Plans - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 28, 2014 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Employer's contribution towards defined contribution retirement program	$ 9.0
Estimated employer contribution towards defined contribution retirement program in 2014	16.0
Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Employer's contribution towards defined benefit plan	7.3
Estimated employer's contribution towards defined benefit plan in 2014	$ 20.0

Summary of Other (Income) Expense, Net (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Other Income And Expenses [Abstract]
Other expense	$ 17.4	$ 10.4	$ 46.8	$ 21.5
Other income	(0.6)	(0.1)	(0.8)	(0.5)
Other expense, net	$ 16.8	$ 10.3	$ 46.0	$ 21.0

Other Expense, Net - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 28, 2014	Mar. 29, 2014	Jun. 29, 2013	Mar. 30, 2013	Jun. 28, 2014	Jun. 29, 2013
Debt Disclosure [Abstract]
Loss on extinguishment of debt		$ 17.5		$ 3.6	$ 17.5	$ 3.6
Net foreign currency transaction loss	$ 5.6		$ 6.6		$ 12.0	$ 6.5

Income Taxes - Additional information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 52.8	$ 41.1	$ 105.5	$ 79.0
Effective tax rate	26.20%	23.70%	28.50%	24.70%
Consolidated income before provision for income taxes	$ 201.4	$ 173.5	$ 370.7	$ 320.3
Tax benefits related to restructuring charges			22.1	$ 20.2
Tax benefits related to audit settlements			$ 11.3
U.S. federal statutory income tax rate			35.00%	35.00%
Tax benefit related to reversal of full valuation allowance				$ 15.8

Summary of Information Used to Compute Basic and Diluted Net Income Per Share (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Earnings Per Share [Abstract]
Net income attributable to Lear	$ 148.5	$ 137.3	$ 270.5	$ 245.8
Average common shares outstanding	80,920,465	84,517,205	80,996,837	89,609,759
Dilutive effect of common stock equivalents	1,020,307	1,033,769	1,347,469	1,043,946
Average diluted shares outstanding	81,940,772	85,550,974	82,344,306	90,653,705
Basic net income per share attributable to Lear	$ 1.84	$ 1.62	$ 3.34	$ 2.74
Diluted net income per share attributable to Lear	$ 1.81	$ 1.60	$ 3.28	$ 2.71

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

+ References + Details

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name 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=31042434&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

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 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=28358780&loc=d3e565-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

Stockholders Equity Note [Line Items]

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

3 Months Ended

6 Months Ended

Jun. 28, 2014

Jun. 29, 2013

Jun. 28, 2014

Jun. 29, 2013

Beginning equity balance

$ 3,242.5

$ 3,485.8

$ 3,149.5

$ 3,612.2

Stock-based compensation transactions

16.3

14.4

16.6

21.8

Dividends declared to Lear Corporation stockholders

(156.0)

(800.0)

(156.0)

(1,000.1)

(16.7)

(14.1)

(33.9)

(30.6)

Acquisition of noncontrolling interests

(1.0)

(9.5)

(6.8)

(14.8)

(15.9)

(18.0)

(6.6)

Sale of controlling interest

(11.5)

Comprehensive income:

Net income

157.8

142.3

286.4

259.2

Other comprehensive income (loss), net of tax:

Defined benefit plan adjustments

0.1

1.8

0.1

3.7

Derivative instruments and hedging activities

2.8

(16.1)

4.7

(8.8)

Foreign currency translation adjustments

2.8

(14.3)

(9.9)

(45.7)

Other comprehensive income (loss)

5.7

(28.6)

(5.1)

(50.8)

Comprehensive income

163.5

113.7

281.3

208.4

Ending equity balance

3,221.2

^[1]

2,790.3

3,221.2

^[1]

2,790.3

Parent

Stockholders Equity Note [Line Items]

Beginning equity balance

3,142.3

3,360.6

3,045.9

3,487.1

Stock-based compensation transactions

16.3

14.4

16.6

21.8

Dividends declared to Lear Corporation stockholders

(156.0)

(800.0)

(156.0)

(1,000.1)

(16.7)

(14.1)

(33.9)

(30.6)

Acquisition of noncontrolling interests

5.4

5.7

(3.2)

Comprehensive income:

Net income

148.5

137.3

270.5

245.8

Other comprehensive income (loss), net of tax:

Defined benefit plan adjustments

0.1

1.8

0.1

3.7

Derivative instruments and hedging activities

2.8

(16.1)

4.7

(8.8)

Foreign currency translation adjustments

3.1

(14.6)

(7.8)

(46.4)

Other comprehensive income (loss)

6.0

(28.9)

(3.0)

(51.5)

Comprehensive income

154.5

108.4

267.5

194.3

Ending equity balance

3,145.8

2,669.3

3,145.8

2,669.3

Noncontrolling Interest

Stockholders Equity Note [Line Items]

Beginning equity balance

100.2

125.2

103.6

125.1

Acquisition of noncontrolling interests

(1.0)

(9.5)

(6.8)

(14.8)

(21.3)

(23.7)

(3.4)

Sale of controlling interest

(11.5)

Comprehensive income:

Net income

9.3

5.0

15.9

13.4

Other comprehensive income (loss), net of tax:

Foreign currency translation adjustments

(0.3)

0.3

(2.1)

0.7

Other comprehensive income (loss)

(0.3)

0.3

(2.1)

0.7

Comprehensive income

9.0

5.3

13.8

14.1

Ending equity balance

$ 75.4

$ 121.0

$ 75.4

$ 121.0

[1]	Unaudited.

Summary of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax (Detail) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 28, 2014

Jun. 29, 2013

Jun. 28, 2014

Jun. 29, 2013

Accumulated Other Comprehensive Income (Loss) [Line Items]

$ (166.1)

Accumulated Defined Benefit Plans Adjustment

^[1]

$ (169.1)

(169.1)

Accumulated Other Comprehensive Income (Loss) [Line Items]

Reclassification adjustments

(104.5)

$ (248.0)

(104.5)

$ (249.9)

0.1

1.8

0.1

3.7

Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges

(104.4)

(246.2)

(104.4)

(246.2)

Accumulated Other Comprehensive Income (Loss) [Line Items]

Reclassification adjustments

(3.4)

10.0

(5.3)

2.7

(2.5)

(7.7)

(3.3)

(13.5)

Other comprehensive income (loss) recognized during the period

5.3

(8.4)

8.0

4.7

Accumulated Foreign Currency Translation Adjustment

(0.6)

(6.1)

(0.6)

(6.1)

Accumulated Other Comprehensive Income (Loss) [Line Items]

Other comprehensive income (loss) recognized during the period

(67.2)

(85.4)

(56.3)

(53.6)

3.1

(14.6)

(7.8)

(46.4)

$ (64.1)

$ (100.0)

$ (64.1)

$ (100.0)

[1]	Unaudited.

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References + Details

Comprehensive Income and Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions			3 Months Ended		6 Months Ended		42 Months Ended
	Mar. 31, 2014	Apr. 25, 2013	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014
Stockholders Equity Note [Line Items]
Defined benefit plan adjustments, pension and other postretirement benefit plans			$ 0.1	$ 2.6	$ 0.1	$ 5.2
Derivative instruments and hedging activities, reclassified from accumulated other comprehensive income (loss)			(3.5)	10.6	(4.5)	18.8
Accelerated stock repurchase agreement amount		$ 800.0
Amount paid in accelerated stock repurchase agreement			855.5	$ 800.0	$ 855.5	800.0	$ 855.5
Common stock, repurchased					1,152,832
Percentage of treasury stock repurchased				80.00%
Value of common stock repurchased, per share				$ 53.95
Common stock, additional shares repurchased	658,903
Additional amount paid in accelerated stock repurchase agreement			$ 55.5		$ 55.5
Value of common stock repurchased, average price per share			$ 72.11
Common stock, share repurchase program amount					$ 594.0
Common stock repurchased, average price per share					$ 87.16
Payments for repurchases of outstanding common stock					$ 156.0	$ 1,000.1	$ 1,700.0
Cash dividends declared per share					$ 0.20	$ 0.17
Dividends declared to Lear Corporation stockholders			$ 16.7	$ 14.1	$ 33.9	$ 30.6
Dividends paid to Lear Corporation stockholders					33.6	$ 29.6
Open Market Repurchases
Stockholders Equity Note [Line Items]
Payments for repurchases of outstanding common stock					$ 100.5
Accelerated Share Repurchase Agreement
Stockholders Equity Note [Line Items]
Common stock, repurchased				11,862,836

Legal and Other Contingencies - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 29, 2013 USD ($)	Oct. 01, 2011 Facility	Jun. 28, 2014 USD ($)	Jun. 29, 2013 USD ($)	Dec. 31, 2013 USD ($)
Loss Contingencies [Line Items]
Reserves for pending legal disputes, including commercial disputes and other matters			$ 13,100,000		$ 17,500,000
Litigation settlement amount			8,750,000
Cash contributed by company for litigation settlement			370,263
Environmental reserves			$ 4,900,000		$ 5,000,000
Number of production facilities destroyed by fire \| Facility		1
Insurance proceeds				$ 10,000,000
Insurance proceeds, operating activities				2,900,000
Insurance proceeds, investing activities				7,100,000
Fire
Loss Contingencies [Line Items]
Incurred losses and incremental costs related to the destruction of assets caused by a fire	$ 1,500,000			$ 7,300,000

Summary of Changes in Reserves for Product Liability and Warranty Claims (Detail) $ in Millions	6 Months Ended
	Jun. 28, 2014 USD ($)
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning Balance	$ 28.3
Expense, net (including changes in estimates)	6.1
Settlements	(4.4)
Ending Balance	$ 30.0

Segment Reporting - Additional Information (Detail) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2014 USD ($)	Jun. 29, 2013 USD ($)	Jun. 28, 2014 USD ($) Segment	Jun. 29, 2013 USD ($)
Segment Reporting Information [Line Items]
Reportable operating segments \| Segment			2
Restructuring charges			$ 65.6
Operating Segments \| Seating
Segment Reporting Information [Line Items]
Restructuring charges	$ 30.4	$ 3.7	51.8	$ 18.9
Operating Segments \| Electrical
Segment Reporting Information [Line Items]
Restructuring charges	3.8	6.5	4.8	7.2
Corporate and regional headquarters and elimination of intercompany activity ("Other")
Segment Reporting Information [Line Items]
Restructuring charges	$ 7.1	$ 4.0	$ 9.0	$ 5.1

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

3 Months Ended

6 Months Ended

Jun. 28, 2014

Jun. 29, 2013

Jun. 28, 2014

Jun. 29, 2013

Dec. 31, 2013

Revenues from external customers

$ 4,585.1

$ 4,113.1

$ 8,944.9

$ 8,060.2

^[1]

232.8

201.2

448.1

375.4

78.2

69.0

152.7

135.4

92.6

127.7

189.1

226.4

Operating Segments | Seating

8,961.8

^[2]

8,166.8

8,961.8

^[2]

8,166.8

$ 8,330.9

Revenues from external customers

3,443.6

3,069.2

6,669.5

5,980.9

^[1]

164.2

166.5

316.4

307.9

50.4

44.1

97.9

86.7

55.6

80.1

129.5

147.6

Operating Segments | Electrical

5,415.4

4,754.7

5,415.4

4,754.7

Revenues from external customers

1,141.5

1,043.9

2,275.4

2,079.3

^[1]

138.3

94.9

276.6

183.9

25.9

23.1

50.9

45.0

35.7

43.2

57.4

73.5

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

1,797.5

1,594.8

1,797.5

1,594.8

^[1]

(69.7)

(60.2)

(144.9)

(116.4)

1.9

1.8

3.9

3.7

1.3

4.4

2.2

5.3

$ 1,748.9

$ 1,817.3

$ 1,748.9

$ 1,817.3

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

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

3 Months Ended

6 Months Ended

Jun. 28, 2014

Jun. 29, 2013

Jun. 28, 2014

Jun. 29, 2013

Segment Reporting [Abstract]

Consolidated income before provision for income taxes and equity in net income of affiliates

^[1]

$ 232.8

$ 201.2

$ 448.1

$ 375.4

Interest expense

14.6

17.4

31.4

34.1

Other expense, net

16.8

10.3

46.0

21.0

$ 201.4

$ 173.5

$ 370.7

$ 320.3

[1]	See definition above.

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

3 Months Ended

6 Months Ended

12 Months Ended

Jun. 28, 2014

Jun. 29, 2013

Jun. 28, 2014

Jun. 29, 2013

Dec. 31, 2013

Gains recorded in accumulated other comprehensive loss

$ 1,068.6

^[1]

$ 1,068.6

^[1]

$ 1,057.1

13.8

6.5

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

12.1

Derivative contracts classified within Level 3 of fair value hierarchy

0.0

Derivative contracts transfers in to Level 3 fair value hierarchy

0.0

Derivative contracts transfers out of Level 3 fair value hierarchy

0.0

Assets measured at fair value on non-recurring basis

0.0

Liabilities measured at fair value on non-recurring basis

0.0

Carrying (Reported) Amount, Fair Value Disclosure

Estimate of Fair Value, Fair Value Disclosure

1,068.6

1,057.1

Interest rate swap and other derivative contracts | Designated as Hedging Instrument

1,096.0

1,077.1

Commodity Contract | Designated as Hedging Instrument

0.0

Foreign Exchange Contract

Derivative outstanding

0.0

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

12.8

6.4

(1.0)

$ (0.1)

Foreign Exchange Contract | Sales

Gains (losses) reclassified from accumulated other comprehensive loss

0.2

$ 0.8

0.6

$ 1.3

Foreign Exchange Contract | Cost of Sales

Gains (losses) reclassified from accumulated other comprehensive loss

3.3

9.8

$ 3.9

17.5

Foreign Exchange Contract | Designated as Hedging Instrument

Derivative maturities

18 months

Gains (losses) reclassified from accumulated other comprehensive loss

13.8

$ 13.8

$ 6.5

(3.5)

$ (10.6)

(4.5)

$ (18.8)

Foreign Exchange Contract | Designated as Hedging Instrument | Cash Flow Hedging

Notional amount of derivatives

770.8

917.4

Foreign Exchange Contract | Not Designated as Hedging Instrument

Notional amount of derivatives

141.8

$ 141.8

$ 149.2

Derivative maturities

12 months

$ (1.0)

$ (0.1)

[1]	Unaudited.

Fair Value of Outstanding Derivative Contracts and Related Classification (Detail) - Foreign Exchange Contract - USD ($) $ in Millions	Jun. 28, 2014	Dec. 31, 2013
Contracts balance sheet classification:
Derivative, fair value, net	$ 12.8	$ 6.4
Designated as Hedging Instrument
Contracts balance sheet classification:
Other current assets	16.0	12.4
Other long-term assets	1.9	0.7
Other current liabilities	(3.9)	(6.5)
Other long-term liabilities	(0.2)	(0.1)
Derivative, fair value, net	13.8	6.5
Not Designated as Hedging Instrument
Contracts balance sheet classification:
Other current assets	0.9	0.4
Other current liabilities	(1.9)	(0.5)
Derivative, fair value, net	$ (1.0)	$ (0.1)

Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.

+ References + 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	3 Months Ended		6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Contracts qualifying for hedge accounting:
Gains (losses) recognized in accumulated other comprehensive loss	$ 7.3	$ (11.8)	$ 10.5	$ 6.4
Gains reclassified from accumulated other comprehensive loss	(3.5)	(10.6)	(4.5)	(18.8)
Comprehensive income (loss)	$ 3.8	$ (22.4)	$ 6.0	$ (12.4)

Fair Value Measurements and Related Valuation Techniques and Fair Value Hierarchy Level (Detail) - Foreign Exchange Contract - USD ($) $ in Millions	Jun. 28, 2014	Dec. 31, 2013
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative assets (liabilities), at fair value	$ 12.8	$ 6.4
Fair Value, Measurements, Recurring
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative assets (liabilities), at fair value	12.8	6.4
Fair Value, Inputs, Level 2 \| Fair Value, Measurements, Recurring
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Derivative assets (liabilities), at fair value	$ 12.8	$ 6.4

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

Jun. 28, 2014

Mar. 29, 2014

Dec. 31, 2013

Jun. 29, 2013

Mar. 30, 2013

Dec. 31, 2012

$ 865.1

^[1]

$ 1,137.7

$ 841.1

$ 1,402.2

3,064.4

^[1]

2,278.3

881.6

^[1]

818.7

717.2

^[1]

687.8

5,528.3

^[1]

4,922.5

1,654.3

^[1]

1,587.2

754.7

^[1]

757.2

1,024.5

^[1]

1,064.0

3,433.5

^[1]

3,408.4

8,961.8

^[1]

8,330.9

8,166.8

2,821.1

^[1]

2,438.7

1,323.3

^[1]

1,140.4

4,144.4

^[1]

3,579.1

1,068.6

^[1]

1,057.1

527.6

^[1]

545.2

1,596.2

^[1]

1,602.3

EQUITY:

3,145.8

^[1]

3,045.9

Noncontrolling interests

75.4

^[1]

103.6

3,221.2

^[1]

$ 3,242.5

3,149.5

2,790.3

$ 3,485.8

3,612.2

8,961.8

^[1]

8,330.9

Parent Company

166.1

343.5

154.6

481.4

70.4

41.2

3.2

4.8

162.5

147.7

402.2

537.2

93.2

95.5

Investments in subsidiaries

23.5

1,908.2

1,802.4

1,528.7

1,373.1

590.6

591.5

4,144.2

3,886.0

4,546.4

4,423.2

103.9

73.8

111.5

127.9

215.4

201.7

1,068.6

1,057.1

116.6

118.5

1,185.2

1,175.6

EQUITY:

3,145.8

3,045.9

3,145.8

3,045.9

4,546.4

4,423.2

Guarantor Subsidiaries

0.1

613.5

349.7

315.0

297.9

70.2

77.3

998.7

725.0

319.1

316.0

Investments in subsidiaries

401.0

2,008.5

1,878.5

58.3

71.5

2,786.9

2,667.0

3,785.6

3,392.0

733.4

582.4

186.3

156.1

919.7

738.5

650.2

515.2

141.9

143.0

792.1

658.2

EQUITY:

2,073.8

1,995.3

2,073.8

1,995.3

Non-Guarantor Subsidiaries

3,785.6

3,392.0

699.0

794.1

$ 686.4

$ 920.7

2,380.5

1,887.4

563.4

516.0

484.5

462.8

4,127.4

3,660.3

1,242.0

1,175.7

330.2

332.7

375.6

401.0

1,947.8

1,909.4

6,075.2

5,569.7

1,983.8

1,782.5

1,025.5

856.4

3,009.3

2,638.9

878.5

857.9

269.1

283.7

1,147.6

1,141.6

EQUITY:

1,842.9

1,685.6

Noncontrolling interests

75.4

103.6

1,918.3

1,789.2

Consolidation, Eliminations

6,075.2

5,569.7

Investments in subsidiaries

(3,916.7)

(3,680.9)

(1,528.7)

(1,373.1)

(5,445.4)

(5,054.0)

(5,445.4)

(5,054.0)

(1,528.7)

(1,373.1)

(1,528.7)

(1,373.1)

EQUITY:

(3,916.7)

(3,680.9)

(3,916.7)

(3,680.9)

Condensed Financial Statements, Captions [Line Items]

$ (5,445.4)

$ (5,054.0)

[1]	Unaudited.

Supplemental Guarantor Condensed Consolidating Statements of Income (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Jun. 28, 2014	Jun. 29, 2013
Condensed Financial Statements, Captions [Line Items]
Net sales	$ 4,585.1	$ 4,113.1	$ 8,944.9	$ 8,060.2
Cost of sales	4,206.0	3,775.4	8,205.3	7,410.1
Selling, general and administrative expenses	138.0	127.9	274.7	257.5
Amortization of intangible assets	8.3	8.6	16.8	17.2
Interest expense	14.6	17.4	31.4	34.1
Other expense, net	16.8	10.3	46.0	21.0
Consolidated income before provision for income taxes and equity in net income of affiliates	201.4	173.5	370.7	320.3
Provision for income taxes	52.8	41.1	105.5	79.0
Equity in net income of affiliates	(9.2)	(9.9)	(21.2)	(17.9)
Consolidated net income	157.8	142.3	286.4	259.2
Less: Net income attributable to noncontrolling interests	9.3	5.0	15.9	13.4
Net income attributable to Lear	148.5	137.3	270.5	245.8
Consolidated comprehensive income	163.5	113.7	281.3	208.4
Less: Comprehensive income attributable to noncontrolling interests	9.0	5.3	13.8	14.1
Comprehensive income attributable to Lear	154.5	108.4	267.5	194.3
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net sales	127.7	125.6	230.8	247.2
Cost of sales	177.3	144.2	330.6	297.3
Selling, general and administrative expenses	52.8	38.3	115.4	78.7
Intercompany operating (income) expense, net	(119.0)	(70.1)	(248.2)	(124.4)
Amortization of intangible assets	0.4	0.4	0.8	0.8
Interest expense	10.7	9.1	24.2	24.1
Other expense, net	2.6	1.8	19.9	6.2
Consolidated income before provision for income taxes and equity in net income of affiliates	2.9	1.9	(11.9)	(35.5)
Provision for income taxes	1.3	4.2	(5.3)	(12.4)
Equity in net income of affiliates	0.5	(0.7)	0.6	(0.7)
Equity in net income of subsidiaries	(147.4)	(138.9)	(277.7)	(268.2)
Consolidated net income	148.5	137.3	270.5	245.8
Net income attributable to Lear	148.5	137.3	270.5	245.8
Consolidated comprehensive income	154.5	108.4	267.5	194.3
Comprehensive income attributable to Lear	154.5	108.4	267.5	194.3
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	1,815.2	1,615.8	3,449.8	3,143.5
Cost of sales	1,662.9	1,479.3	3,146.9	2,866.2
Selling, general and administrative expenses	14.7	14.2	20.0	31.9
Intercompany operating (income) expense, net	69.6	33.1	139.3	64.4
Amortization of intangible assets	1.2	1.2	2.4	2.4
Interest expense	6.4	8.8	11.2	12.1
Other expense, net	0.7	0.3	0.4	0.8
Consolidated income before provision for income taxes and equity in net income of affiliates	59.7	78.9	129.6	165.7
Provision for income taxes	22.9	28.7	53.1	60.6
Equity in net income of affiliates		(0.4)	(0.5)	(0.1)
Equity in net income of subsidiaries	(81.0)	(43.4)	(133.0)	(85.9)
Consolidated net income	117.8	94.0	210.0	191.1
Net income attributable to Lear	117.8	94.0	210.0	191.1
Consolidated comprehensive income	121.7	70.2	215.0	184.1
Comprehensive income attributable to Lear	121.7	70.2	215.0	184.1
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	3,894.6	3,537.8	7,685.7	6,975.1
Cost of sales	3,618.2	3,318.0	7,149.2	6,552.2
Selling, general and administrative expenses	70.5	75.4	139.3	146.9
Intercompany operating (income) expense, net	49.4	37.0	108.9	60.0
Amortization of intangible assets	6.7	7.0	13.6	14.0
Interest expense	(2.5)	(0.5)	(4.0)	(2.1)
Other expense, net	13.5	8.2	25.7	14.0
Consolidated income before provision for income taxes and equity in net income of affiliates	138.8	92.7	253.0	190.1
Provision for income taxes	28.6	8.2	57.7	30.8
Equity in net income of affiliates	(9.7)	(8.8)	(21.3)	(17.1)
Consolidated net income	119.9	93.3	216.6	176.4
Less: Net income attributable to noncontrolling interests	9.3	5.0	15.9	13.4
Net income attributable to Lear	110.6	88.3	200.7	163.0
Consolidated comprehensive income	122.0	82.3	206.4	131.9
Less: Comprehensive income attributable to noncontrolling interests	9.0	5.3	13.8	14.1
Comprehensive income attributable to Lear	113.0	77.0	192.6	117.8
Consolidation, Eliminations
Condensed Financial Statements, Captions [Line Items]
Net sales	(1,252.4)	(1,166.1)	(2,421.4)	(2,305.6)
Cost of sales	(1,252.4)	(1,166.1)	(2,421.4)	(2,305.6)
Equity in net income of subsidiaries	228.4	182.3	410.7	354.1
Consolidated net income	(228.4)	(182.3)	(410.7)	(354.1)
Net income attributable to Lear	(228.4)	(182.3)	(410.7)	(354.1)
Consolidated comprehensive income	(234.7)	(147.2)	(407.6)	(301.9)
Comprehensive income attributable to Lear	$ (234.7)	$ (147.2)	$ (407.6)	$ (301.9)

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

3 Months Ended

6 Months Ended

42 Months Ended

Jun. 28, 2014

Mar. 29, 2014

Jun. 29, 2013

Mar. 30, 2013

Jun. 28, 2014

Jun. 29, 2013

Jun. 28, 2014

$ 175.0

$ 265.4

$ (92.6)

$ (127.7)

(189.1)

(226.4)

Insurance proceeds

7.1

(14.9)

40.6

(204.0)

(178.7)

Proceeds from the issuance of senior notes

325.0

500.0

Repurchase of senior notes

$ (327.1)

$ (72.1)

(327.1)

(72.1)

Payment of debt issuance and other financing costs

(3.8)

(13.4)

Dividends paid to Lear Corporation stockholders

(156.0)

(1,000.1)

$ (1,700.0)

(33.6)

(29.6)

(6.8)

(14.8)

(38.2)

(9.3)

Effect of foreign currency translation

(240.5)

(639.3)

(3.1)

(8.5)

Cash and Cash Equivalents as of Beginning of Period

(272.6)

(561.1)

1,137.7

1,402.2

1,137.7

1,402.2

Condensed Financial Statements, Captions [Line Items]

865.1

^[1]

841.1

865.1

^[1]

841.1

865.1

^[1]

Parent Company

25.8

(3.5)

(4.6)

(6.9)

(2.5)

46.9

(7.1)

40.0

Proceeds from the issuance of senior notes

325.0

500.0

Repurchase of senior notes

(327.1)

(72.1)

Payment of debt issuance and other financing costs

(3.8)

(13.4)

Dividends paid to Lear Corporation stockholders

(156.0)

(1,000.1)

(33.6)

(29.6)

Change in intercompany accounts

(20.4)

(2.7)

19.8

254.6

(196.1)

(363.3)

Cash and Cash Equivalents as of Beginning of Period

(177.4)

(326.8)

343.5

481.4

343.5

481.4

Condensed Financial Statements, Captions [Line Items]

166.1

154.6

166.1

154.6

166.1

Guarantor Subsidiaries

16.7

143.0

(37.5)

(58.5)

14.9

0.1

(22.6)

(58.4)

Change in intercompany accounts

5.8

(84.6)

5.8

(84.6)

Cash and Cash Equivalents as of Beginning of Period

(0.1)

0.1

Non-Guarantor Subsidiaries

0.1

Condensed Financial Statements, Captions [Line Items]

132.5

125.9

(147.0)

(161.0)

Insurance proceeds

7.1

(27.3)

(6.4)

(174.3)

(160.3)

(6.8)

(14.8)

Change in intercompany accounts

(17.8)

(6.6)

(25.6)

(170.0)

Effect of foreign currency translation

(50.2)

(191.4)

(3.1)

(8.5)

Cash and Cash Equivalents as of Beginning of Period

(95.1)

(234.3)

$ 794.1

$ 920.7

794.1

920.7