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Consolidated Statements of Net Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Net sales $ 2,174.1us-gaap_SalesRevenueGoodsNet $ 2,295.8us-gaap_SalesRevenueGoodsNet
Cost of sales (1,750.8)us-gaap_CostOfGoodsSold (1,850.5)us-gaap_CostOfGoodsSold
Gross profit 423.3us-gaap_GrossProfit 445.3us-gaap_GrossProfit
Selling, general and administrative expenses (100.6)us-gaap_SellingGeneralAndAdministrativeExpense (102.5)us-gaap_SellingGeneralAndAdministrativeExpense
Research, development and engineering expenses, net (126.5)alv_ResearchDevelopmentAndEngineeringExpenseNet (142.2)alv_ResearchDevelopmentAndEngineeringExpenseNet
Amortization of intangibles (3.7)us-gaap_AmortizationOfIntangibleAssets (4.1)us-gaap_AmortizationOfIntangibleAssets
Other income (expense), net (112.5)us-gaap_OtherOperatingIncomeExpenseNet (4.8)us-gaap_OtherOperatingIncomeExpenseNet
Operating income 80.0us-gaap_OperatingIncomeLoss 191.7us-gaap_OperatingIncomeLoss
Income from equity method investments 1.3us-gaap_IncomeLossFromEquityMethodInvestments 1.7us-gaap_IncomeLossFromEquityMethodInvestments
Interest income 0.4us-gaap_InterestIncomeOther 1.2us-gaap_InterestIncomeOther
Interest expense (17.1)us-gaap_InterestExpense (8.0)us-gaap_InterestExpense
Other non-operating items, net (0.1)us-gaap_OtherNonoperatingIncomeExpense (2.3)us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes 64.5us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 184.3us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense (28.8)us-gaap_IncomeTaxExpenseBenefit (53.2)us-gaap_IncomeTaxExpenseBenefit
Net income 35.7us-gaap_ProfitLoss 131.1us-gaap_ProfitLoss
Less: Net income attributable to non-controlling interest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 0.8us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to controlling interest $ 35.7us-gaap_NetIncomeLoss $ 130.3us-gaap_NetIncomeLoss
Net earnings per share - basic $ 0.40us-gaap_EarningsPerShareBasic $ 1.39us-gaap_EarningsPerShareBasic
Net earnings per share - diluted $ 0.40us-gaap_EarningsPerShareDiluted $ 1.38us-gaap_EarningsPerShareDiluted
Weighted average number of shares outstanding, net of treasury shares (in millions) 88.4us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 94.0us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average number of shares outstanding, assuming dilution and net of treasury shares (in millions) 88.6us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 94.3us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Number of shares outstanding, excluding dilution and net of treasury shares (in millions) 88.0us-gaap_CommonStockSharesOutstanding 93.7us-gaap_CommonStockSharesOutstanding
Cash dividend per share - declared $ 0.56us-gaap_CommonStockDividendsPerShareDeclared $ 0.52us-gaap_CommonStockDividendsPerShareDeclared
Cash dividend per share - paid $ 0.54us-gaap_CommonStockDividendsPerShareCashPaid $ 0.52us-gaap_CommonStockDividendsPerShareCashPaid