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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 1,318.3 $ 1,306.7
Accounts receivable 3,041.5 3,269.2
Inventories 1,571.9 1,401.1
Other 833.5 799.7
Total current assets 6,765.2 6,776.7
Long-Term Assets:    
Property, plant and equipment, net 2,720.1 2,736.2
Goodwill 1,657.9 1,655.8
Other 2,209.2 2,029.9
Total long-term assets 6,587.2 6,421.9
Total assets 13,352.4 13,198.6
Current Liabilities:    
Accounts payable and drafts 2,952.4 3,141.6
Accrued liabilities 1,806.7 1,920.9
Current portion of long-term debt 0.8 14.2
Total current liabilities 4,759.9 5,076.7
Long-Term Liabilities:    
Long-term debt 2,595.2 2,300.3
Other 1,188.9 1,206.7
Total long-term liabilities 3,784.1 3,507.0
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; 64,571,405 shares issued as of December 31, 2021 and 2020 0.6 0.6
Additional paid-in capital 1,019.4 963.6
Common stock held in treasury, 4,945,847 and 4,519,891 shares as of December 31, 2021 and 2020, respectively, at cost (679.2) (598.6)
Retained earnings 5,072.8 4,806.8
Accumulated other comprehensive loss (770.2) (705.1)
Lear Corporation stockholders' equity 4,643.4 4,467.3
Noncontrolling interests 165.0 147.6
Equity 4,808.4 4,614.9
Total liabilities and equity $ 13,352.4 $ 13,198.6