XML 21 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 19,263.1 $ 17,045.5 $ 19,810.3
Cost of sales 17,871.2 15,936.6 18,072.8
Selling, general and administrative expenses 643.2 588.9 605.0
Amortization of intangible assets 73.3 65.9 62.3
Interest expense 91.8 99.6 92.0
Other expense, net 0.1 55.2 24.6
Consolidated income before provision for income taxes and equity in net income of affiliates 583.5 299.3 953.6
Provision for income taxes 137.7 93.9 146.1
Equity in net income of affiliates (15.8) (28.5) (23.2)
Consolidated net income 461.6 233.9 830.7
Less: Net income attributable to noncontrolling interests 87.7 75.4 77.1
Net income attributable to Lear $ 373.9 $ 158.5 $ 753.6
Basic net income per share available to Lear common stockholders (in dollars per share) $ 6.22 $ 2.63 $ 12.80
Diluted net income per share available to Lear common stockholders (in dollars per share) $ 6.19 $ 2.62 $ 12.75
Average common shares outstanding (in shares) 60,082,833 60,254,380 61,697,192
Average diluted shares outstanding (in shares) 60,420,484 60,429,962 61,923,528