Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

(In millions, except per share data)



	Thirteen Weeks Ended
	April 2, 2016		July 2, 2016		October 1, 2016		December 31, 2016
Net sales	$	4,662.9	$	4,724.8	$	4,526.4	$	4,643.5
Gross profit	535.7		540.4		513.9		512.1
Consolidated net income	262.5		294.5		235.0		248.5
Net income attributable to Lear	248.4		282.4		214.4		229.9
Basic net income per share attributable to Lear	3.33		3.85		3.01		3.28
Diluted net income per share attributable to Lear	3.29		3.82		2.98		3.24

In the second quarter of 2016, the Company recognized a gain of $30.3 million related to the consolidation of an affiliate. In the fourth quarter of 2016, the Company recognized a $34.2 million non-cash settlement charge in connection with its lump-sum payout to certain terminated vested plan participants of its U.S. defined benefit pension plans. In the first, second, third and fourth quarters of 2016, the Company recognized $5.0 million, $7.1 million, $2.4 million and $9.1 million, respectively, of net tax benefits related to restructuring charges and various other items.

For further information see, Note 5, "Investments in Affiliates and Other Related Party Transactions," Note 7, "Income Taxes," and Note 8, "Pension and Other Postretirement Benefit Plans."



	Thirteen Weeks Ended
	March 28, 2015		June 27, 2015		September 26, 2015		December 31, 2015
Net sales	$	4,521.4	$	4,635.1	$	4,330.3	$	4,724.6
Gross profit	425.7		450.2		453.2		490.7
Consolidated net income	156.7		192.9		193.3		252.9
Net income attributable to Lear	147.3		181.9		181.0		235.3
Basic net income per share attributable to Lear	1.88		2.35		2.37		3.13
Diluted net income per share attributable to Lear	1.86		2.33		2.34		3.07

In the first quarter of 2015, the Company recognized a loss of $14.3 million related to the redemption of the remaining outstanding aggregate principal amount of the 2020 Notes. In the first, second, third and fourth quarters of 2015, the Company recognized $14.0 million, $15.8 million, $2.2 million and $11.1 million, respectively, of net tax benefits related to restructuring charges, debt redemption costs, acquisition costs and various other items.

For further information, see Note 7, "Income Taxes," and Note 11, "Commitments and Contingencies."