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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 1,487.7 $ 1,493.2
Accounts receivable 2,982.6 2,880.3
Inventories 1,258.2 1,196.8
Other 678.2 710.2
Total current assets 6,406.7 6,280.5
Long-Term Assets:    
Property, plant and equipment, net 2,704.2 2,598.1
Goodwill 1,614.3 1,405.3
Other 1,955.5 1,316.8
Total long-term assets 6,274.0 5,320.2
Total assets 12,680.7 11,600.7
Current Liabilities:    
Short-term borrowings 19.2 9.9
Accounts payable and drafts 2,821.7 2,862.8
Accrued liabilities 1,811.2 1,615.0
Current portion of long-term debt 14.1 12.9
Total current liabilities 4,666.2 4,500.6
Long-Term Liabilities:    
Long-term debt 2,293.7 1,941.0
Other 1,101.3 640.4
Total long-term liabilities 3,395.0 2,581.4
Redeemable noncontrolling interest 118.4 158.1
Equity:    
Preferred stock, 100,000,000 shares authorized (including 10,896,250 shares of Series A convertible preferred stock authorized); no shares outstanding 0.0 0.0
Common stock, $0.01 par value, 300,000,000 shares authorized; 64,563,291 shares issued as of December 31, 2019 and 2018 0.6 0.6
Additional paid-in capital 969.1 1,017.4
Common stock held in treasury, 4,127,806 and 1,623,678 shares as of December 31, 2019 and 2018, respectively, at cost (563.1) (225.1)
Retained earnings 4,715.8 4,113.6
Accumulated other comprehensive loss (772.7) (705.8)
Lear Corporation stockholders’ equity 4,349.7 4,200.7
Noncontrolling interests 151.4 159.9
Equity 4,501.1 4,360.6
Total liabilities and equity $ 12,680.7 $ 11,600.7