Lear (LEA) 10-Q 4 Aug 20 2020 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jul. 04, 2020	Jul. 31, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 4, 2020
Document Transition Report	false
Entity File Number	001-11311
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-3386776
Entity Address, Address Line One	21557 Telegraph Road
Entity Address, City or Town	Southfield
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48033
City Area Code	248
Local Phone Number	447-1500
Title of 12(b) Security	Common stock, par value $0.01
Trading Symbol	LEA
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		59,943,580
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Entity Registrant Name	LEAR CORP
Entity Central Index Key	0000842162
Current Fiscal Year End Date	--12-31

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 04, 2020	[1]	Dec. 31, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 1,775.5		$ 1,487.7
Accounts receivable	2,354.9		2,982.6
Inventories	1,245.4		1,258.2
Other	673.1		678.2
Total current assets	6,048.9		6,406.7
LONG-TERM ASSETS:
Property, plant and equipment, net	2,618.3		2,704.2
Goodwill	1,606.1		1,614.3
Other	1,995.7		1,955.5
Total long-term assets	6,220.1		6,274
Total assets	12,269		12,680.7
CURRENT LIABILITIES:
Short-term borrowings	7.1		19.2
Revolving credit facility borrowings	1,000		0
Accounts payable and drafts	1,902.6		2,821.7
Accrued liabilities	1,859.9		1,811.2
Current portion of long-term debt	17.2		14.1
Total current liabilities	4,786.8		4,666.2
LONG-TERM LIABILITIES:
Long-term debt	2,302.7		2,293.7
Other	1,082		1,101.3
Total long-term liabilities	3,384.7		3,395
Redeemable noncontrolling interest	114.3		118.4
EQUITY:
Preferred stock, 100,000,000 shares authorized (including 10,896,250 Series A convertible preferred stock authorized); no shares outstanding	0		0
Common stock, $0.01 par value, 300,000,000 shares authorized; 64,563,291 shares issued as of July 4, 2020 and December 31, 2019	0.6		0.6
Additional paid-in capital	955.6		969.1
Common stock held in treasury, 4,623,508 and 4,127,806 shares as of July 4, 2020 and December 31, 2019, respectively, at cost	(612.6)		(563.1)
Retained earnings	4,447.1		4,715.8
Accumulated other comprehensive loss	(923)		(772.7)
Lear Corporation stockholders’ equity	3,867.7		4,349.7
Noncontrolling interests	115.5		151.4
Equity	3,983.2		4,501.1
Total liabilities and equity	$ 12,269		$ 12,680.7
[1]	Unaudited.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 04, 2020	Dec. 31, 2019
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	64,563,291	64,563,291
Common stock held in treasury, shares (in shares)	4,623,508	4,127,806
Series A convertible preferred stock
Preferred stock, shares authorized (in shares)	10,896,250	10,896,250

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Income Statement [Abstract]
Net sales	$ 2,444.5	$ 5,007.6	$ 6,902.2	$ 10,167.7
Cost of sales	2,571.9	4,529.4	6,695.4	9,216.3
Selling, general and administrative expenses	150.9	157.1	294.6	305.4
Amortization of intangible assets	16	15.9	33.1	28.6
Interest expense	27.2	24.5	51.6	45.4
Other (income) expense, net	(3.2)	13.8	37.3	18.2
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates	(318.3)	266.9	(209.8)	553.8
Provision (benefit) for income taxes	(41)	73.3	(14.5)	116.4
Equity in net income of affiliates	(7.8)	(8.4)	(9.4)	(10.7)
Consolidated net income (loss)	(269.5)	202	(185.9)	448.1
Less: Net income attributable to noncontrolling interests	24.4	19.2	31.6	36.4
Net income (loss) attributable to Lear	$ (293.9)	$ 182.8	$ (217.5)	$ 411.7
Basic net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	$ (4.89)	$ 2.92	$ (3.61)	$ 6.68
Diluted net income (loss) per share available to Lear common stockholders (Note 14) (in dollars per share)	(4.89)	2.92	$ (3.61)	6.66
Cash dividends declared per share (in dollars per share)	$ 0	$ 0.75		$ 1.50
Average common shares outstanding (in shares)	60,102,925	62,191,022	60,310,559	62,501,419
Average diluted shares outstanding (in shares)	60,102,925	62,354,334	60,310,559	62,734,494
Consolidated comprehensive income (loss) (Condensed Consolidated Statements of Equity)	$ (142.1)	$ 208.4	$ (339.9)	$ 456.6
Less: Comprehensive income attributable to noncontrolling interests	25.5	12.3	27.9	37.3
Comprehensive income (loss) attributable to Lear	$ (167.6)	$ 196.1	$ (367.8)	$ 419.3

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total		Common Stock	Additional Paid-In Capital	Common Stock Held in Treasury	Retained Earnings	Accumulated Other Comprehensive Loss, Net of Tax	Lear Corporation Stockholders' Equity	Non-controlling Interests	Redeemable Non-controlling Interests	Cumulative Effect, Period of Adoption, Adjustment	Cumulative Effect, Period of Adoption, AdjustmentRetained Earnings	Cumulative Effect, Period of Adoption, AdjustmentLear Corporation Stockholders' Equity
Balance at beginning of period at Dec. 31, 2018	$ 4,360.6		$ 0.6	$ 1,017.4	$ (225.1)	$ 4,113.6	$ (705.8)	$ 4,200.7	$ 159.9
Comprehensive income (loss):
Net income (loss)	445.8					411.7		411.7	34.1
Other comprehensive income (loss)	8.1						7.6	7.6	0.5
Total comprehensive income (loss)	453.9					411.7	7.6	419.3	34.6
Stock-based compensation	14.3			14.3				14.3
Net issuance of shares held in treasury in settlement of stock-based compensation	(29.6)			(66.4)	38	(1.2)		(29.6)
Repurchase of shares of common stock	(279.5)				(279.5)			(279.5)
Dividends declared to Lear Corporation stockholders	(94.6)					(94.6)		(94.6)
Dividends declared to non-controlling interest holders	(31.2)								(31.2)
Acquisition of outstanding noncontrolling interest	(0.2)								(0.2)
Redeemable non-controlling interest adjustment	5.8					5.8		5.8
Balance at end of period at Jun. 29, 2019	4,399.5		0.6	965.3	(466.6)	4,435.3	(698.2)	4,236.4	163.1
Balance at beginning of year at Dec. 31, 2018										$ 158.1
Comprehensive income (loss):
Net income (loss)										2.3
Other comprehensive income (loss)										0.4
Total comprehensive income (loss)										2.7
Redeemable non-controlling interest adjustment										(5.8)
Balance at end of year at Jun. 29, 2019										155
Balance at beginning of period at Mar. 30, 2019	4,393.7		0.6	961.5	(305.6)	4,300.3	(711.5)	4,245.3	148.4
Comprehensive income (loss):
Net income (loss)	200.9					182.8		182.8	18.1
Other comprehensive income (loss)	10						13.3	13.3	(3.3)
Total comprehensive income (loss)	210.9					182.8	13.3	196.1	14.8
Stock-based compensation	4.8			4.8				4.8
Net issuance of shares held in treasury in settlement of stock-based compensation	(0.4)			(1)	0.6			(0.4)
Repurchase of shares of common stock	(161.6)				(161.6)			(161.6)
Dividends declared to Lear Corporation stockholders	(46.9)					(46.9)		(46.9)
Dividends declared to non-controlling interest holders	0.1								0.1
Acquisition of outstanding noncontrolling interest	(0.2)								(0.2)
Redeemable non-controlling interest adjustment	(0.9)					(0.9)		(0.9)
Balance at end of period at Jun. 29, 2019	4,399.5		0.6	965.3	(466.6)	4,435.3	(698.2)	4,236.4	163.1
Balance at beginning of year at Mar. 30, 2019										156.6
Comprehensive income (loss):
Net income (loss)										1.1
Other comprehensive income (loss)										(3.6)
Total comprehensive income (loss)										(2.5)
Redeemable non-controlling interest adjustment										0.9
Balance at end of year at Jun. 29, 2019										155
Balance at beginning of period at Dec. 31, 2019	4,501.1		0.6	969.1	(563.1)	4,715.8	(772.7)	4,349.7	151.4		$ (0.8)	$ (0.8)	$ (0.8)
Comprehensive income (loss):
Net income (loss)	(182.4)					(217.5)		(217.5)	35.1
Other comprehensive income (loss)	(152.3)						(150.3)	(150.3)	(2)
Total comprehensive income (loss)	(334.7)					(217.5)	(150.3)	(367.8)	33.1
Stock-based compensation	16.4			16.4				16.4
Net issuance of shares held in treasury in settlement of stock-based compensation	(11.9)			(29.9)	20.5	(2.5)		(11.9)
Repurchase of shares of common stock	(70)				(70)			(70)
Dividends declared to Lear Corporation stockholders	(46.8)					(46.8)		(46.8)
Dividends declared to non-controlling interest holders	(69)								(69)
Redeemable non-controlling interest adjustment	(1.1)					(1.1)		(1.1)
Balance at end of period at Jul. 04, 2020	3,983.2	[1]	0.6	955.6	(612.6)	4,447.1	(923)	3,867.7	115.5
Balance at beginning of year at Dec. 31, 2019	118.4									118.4
Comprehensive income (loss):
Net income (loss)										(3.5)
Other comprehensive income (loss)										(1.7)
Total comprehensive income (loss)										(5.2)
Redeemable non-controlling interest adjustment										1.1
Balance at end of year at Jul. 04, 2020	$ 114.3	[1]								114.3
Comprehensive income (loss):
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201613Member
Balance at beginning of period at Apr. 04, 2020	$ 4,183.3		0.6	946	(615.6)	4,741.8	(1,049.3)	4,023.5	159.8
Comprehensive income (loss):
Net income (loss)	(269.9)					(293.9)		(293.9)	24
Other comprehensive income (loss)	127						126.3	126.3	0.7
Total comprehensive income (loss)	(142.9)					(293.9)	126.3	(167.6)	24.7
Stock-based compensation	12.5			12.5				12.5
Net issuance of shares held in treasury in settlement of stock-based compensation	(0.7)			(2.9)	3	(0.8)		(0.7)
Dividends declared to non-controlling interest holders	(69)								(69)
Balance at end of period at Jul. 04, 2020	3,983.2	[1]	$ 0.6	$ 955.6	$ (612.6)	$ 4,447.1	$ (923)	$ 3,867.7	$ 115.5
Balance at beginning of year at Apr. 04, 2020										113.5
Comprehensive income (loss):
Net income (loss)										0.4
Other comprehensive income (loss)										0.4
Total comprehensive income (loss)										0.8
Balance at end of year at Jul. 04, 2020	$ 114.3	[1]								$ 114.3
[1]	Unaudited.

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Statement of Stockholders' Equity [Abstract]
Net issuances of shares held in treasury in settlement of stock-based compensation (in shares)	21,616	4,732	145,447	284,752
Number of shares repurchased (in shares)		1,182,976	641,149	1,987,246
Average price (in dollars per share)		$ 136.63	$ 109.22	$ 140.65

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019
Cash Flows from Operating Activities:
Consolidated net income (loss)	$ (185.9)	$ 448.1
Adjustments to reconcile consolidated net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	260.8	251.9
Loss on extinguishment of debt	21.1	10.6
Net change in recoverable customer engineering, development and tooling	(58.1)	(59.5)
Net change in working capital items (see below)	(358.8)	(192.8)
Other, net	18.7	(2.4)
Net cash provided by (used in) operating activities	(302.2)	455.9
Cash Flows from Investing Activities:
Additions to property, plant and equipment	(195.2)	(259.3)
Acquisition, net of acquired cash	0	(320.9)
Other, net	19.2	0.1
Net cash used in investing activities	(176)	(580.1)
Cash Flows from Financing Activities:
Revolving credit facility borrowings	1,000	0
Term loan repayments	(6.3)	(3.1)
Short-term borrowings, net	(12)
Short-term borrowings, net		4.7
Proceeds from the issuance of senior notes	669.1	693.3
Redemption of senior notes	(667.1)	(333.7)
Payment of debt issuance and other financing costs	(6.9)	(6.3)
Repurchase of common stock	(70)	(276.5)
Dividends paid to Lear Corporation stockholders	(47.9)	(95.6)
Dividends paid to noncontrolling interests	(43)	(31.2)
Accrued liabilities and other	(14.6)	(56.9)
Net cash provided by (used in) financing activities	801.3	(105.3)
Effect of foreign currency translation	(20.4)	0.6
Net Change in Cash, Cash Equivalents and Restricted Cash	302.7	(228.9)
Cash, Cash Equivalents and Restricted Cash as of Beginning of Period	1,510.4	1,519.8
Cash, Cash Equivalents and Restricted Cash as of End of Period	1,813.1	1,290.9
Changes in Working Capital Items:
Accounts receivable	557.3	(544.2)
Inventories	(11.5)	(42.3)
Accounts payable	(866.8)	196.3
Accrued liabilities and other	(37.8)	197.4
Net change in working capital items	(358.8)	(192.8)
Supplementary Disclosure:
Cash paid for interest	65	50.8
Cash paid for income taxes, net of refunds received	$ 63.3	$ 109.2

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jul. 04, 2020
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Lear Corporation ("Lear," and together with its consolidated subsidiaries, the "Company") and its affiliates design and manufacture automotive seating and electrical distribution systems and related components. The Company’s main customers are automotive original equipment manufacturers. The Company operates facilities worldwide. The accompanying condensed consolidated financial statements include the accounts of Lear, a Delaware corporation, and the wholly owned and less than wholly owned subsidiaries controlled by Lear. In addition, Lear consolidates all entities, including variable interest entities, in which it has a controlling financial interest. Investments in affiliates in which Lear does not have control, but does have the ability to exercise significant influence over operating and financial policies, are accounted for under the equity method. In the second quarter of 2019, the Company completed the acquisition of Xevo Inc. ("Xevo"), a Seattle-based, global leader in connected car software, by acquiring all of Xevo's outstanding shares. The acquisition of Xevo has been accounted for as a business combination, and accordingly, the assets acquired and liabilities assumed are included in the accompanying condensed consolidated balance sheets as of July 4, 2020 and December 31, 2019. The operating results and cash flows of Xevo are included in the accompanying condensed consolidated financial statements from the date of acquisition and in the Company's E-Systems segment. For further information related to the acquisition of Xevo, see Note 3, "Acquisition," to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 . The Company’s annual financial results are reported on a calendar year basis, and quarterly interim results are reported using a thirteen week reporting calendar.

Impact of COVID-19 Pandemic

Impact of COVID-19 Pandemic	6 Months Ended
	Jul. 04, 2020
Unusual or Infrequent Items, or Both [Abstract]
Impact of COVID-19 Pandemic	Impact of COVID-19 Pandemic Unprecedented industry disruptions related to the COVID-19 pandemic during the first half of 2020 impacted operations in every region of the world. The Company's operations in China were impacted first, with most plants in the country closed for several weeks during the first quarter. At the end of the first quarter, all of the Company's facilities in China were operating and capacity utilization was increasing. Beginning in mid-March, the Company's operations in Europe, North America, South America and Asia (outside of China) were impacted, with virtually all of its plants closed at the end of the first quarter and closures continuing throughout April and, in most cases, a portion of May. Although manufacturing resumed gradually, most of the Company's plants in its major markets were operating at pre-COVID-19 levels at the end of the second quarter. While the Company experienced significant inefficiencies and incremental costs related to the COVID-19 pandemic in the first half of the year, these inefficiencies began to diminish toward the end of the second quarter. Various government programs have been enacted to provide financial relief for businesses affected by the COVID-19 pandemic. In the first half of 2020, the Company recognized approximately $80 million of government assistance primarily related to the reimbursement of certain employee costs. The Company recognizes such assistance as a reduction of the related costs as such costs are incurred and the Company is reasonably assured to receive payment. Although industry production has returned to pre-COVID-19 levels, partially due to the customers' need to replenish inventory levels, it is likely that, for a period of time, the global automotive industry will experience lower demand for new vehicles as a result of the global economic slowdown caused by the COVID-19 pandemic, as new vehicle sales are typically correlated with positive consumer confidence and low unemployment. Further, a resurgence of the virus with corresponding shelter-in-place orders impacting industry production later in the year could also impact the Company's financial results. The accompanying condensed consolidated financial statements reflect estimates and assumptions made by management as of July 4, 2020 , and for the six months then ended. Such estimates and assumptions affect, among other things, the Company's goodwill, long-lived asset and indefinite-lived intangible asset valuations; inventory valuations; assessment of the annual effective tax rate; valuation of deferred income taxes and income tax contingencies; and credit losses related to our financial instruments. Events and circumstances arising after July 4, 2020 , including those resulting from the impact of the COVID-19 pandemic, will be reflected in management's estimates and assumptions in future periods. For information related to goodwill, see Note 7 , " Goodwill ," herein and Note 2, "Summary of Significant Accounting Policies — Impairment of Goodwill and Intangible Assets," to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2019. For more information related to income taxes, see Note 13 , " Income Taxes

Restructuring

Restructuring	6 Months Ended
	Jul. 04, 2020
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring Restructuring costs include employee termination benefits, asset impairment charges and contract termination costs, as well as other incremental costs resulting from the restructuring actions. Employee termination benefits are recorded based on existing union and employee contracts, statutory requirements, completed negotiations and Company policy. Other incremental costs principally include equipment and personnel relocation costs. In addition to restructuring costs, the Company incurs incremental manufacturing inefficiency costs at the operating locations impacted by the restructuring actions during the related restructuring implementation period. Restructuring costs are recognized in the Company’s condensed consolidated financial statements in accordance with GAAP. Generally, charges are recorded as restructuring actions are approved and/or implemented. In the first half of 2020 , the Company recorded charges of $70.2 million in connection with its restructuring actions. These charges consist of $49.5 million recorded as cost of sales, $18.0 million recorded as selling, general and administrative expenses and $2.7 million recorded as other expense, net. The restructuring charges consist of employee termination costs of $53.1 million , asset impairment charges of $12.4 million and contract termination costs of $0.6 million , as well as other related costs of $4.1 million . Employee termination benefits were recorded based on existing union and employee contracts, statutory requirements, completed negotiations and Company policy. Asset impairment charges relate to the disposal of buildings, leasehold improvements and/or machinery and equipment with carrying values of $10.4 million in excess of related estimated fair values and the impairment of right-of-use assets of $2.0 million . The Company expects to incur approximately $48 million of additional restructuring costs related to activities initiated as of July 4, 2020 , and expects that the components of such costs will be consistent with its historical experience. Any future restructuring actions will depend upon market conditions, customer actions and other factors. A summary of 2020 activity is shown below (in millions): Accrual as of 2020 Utilization Accrual as of January 1, 2020 Charges Cash Non-cash July 4, 2020 Employee termination benefits $ 152.8 $ 53.1 $ (58.5 ) $ — $ 147.4 Asset impairment charges — 12.4 — (12.4 ) — Contract termination costs 4.9 0.6 (0.3 ) — 5.2 Other related costs — 4.1 (4.1 ) — — Total $ 157.7 $ 70.2 $ (62.9 ) $ (12.4 ) $ 152.6

Inventories

Inventories	6 Months Ended
	Jul. 04, 2020
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories are stated at the lower of cost or net realizable value. Cost is determined using the first-in, first-out method. Finished goods and work-in-process inventories include material, labor and manufacturing overhead costs. A summary of inventories is shown below (in millions): July 4, December 31, Raw materials $ 956.3 $ 906.3 Work-in-process 105.7 107.0 Finished goods 353.0 380.4 Reserves (169.6 ) (135.5 ) Inventories $ 1,245.4 $ 1,258.2

Pre-Production Costs Related to

Pre-Production Costs Related to Long-Term Supply Agreements	6 Months Ended
	Jul. 04, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Pre-Production Costs Related to Long-Term Supply Agreements	Pre-Production Costs Related to Long-Term Supply Agreements The Company incurs pre-production engineering and development ("E&D") and tooling costs related to the products produced for its customers under long-term supply agreements. The Company expenses all pre-production E&D costs for which reimbursement is not contractually guaranteed by the customer. In addition, the Company expenses all pre-production tooling costs related to customer-owned tools for which reimbursement is not contractually guaranteed by the customer or for which the Company does not have a non-cancelable right to use the tooling. During the first six months of 2020 and 2019 , the Company capitalized $91.8 million and $125.8 million , respectively, of pre-production E&D costs for which reimbursement is contractually guaranteed by the customer. During the first six months of 2020 and 2019 , the Company also capitalized $90.0 million and $91.3 million , respectively, of pre-production tooling costs related to customer-owned tools for which reimbursement is contractually guaranteed by the customer or for which the Company has a non-cancelable right to use the tooling. These amounts are included in other current and long-term assets in the accompanying condensed consolidated balance sheets. During the first six months of 2020 and 2019 , the Company collected $127.8 million and $163.7 million , respectively, of cash related to E&D and tooling costs. The classification of recoverable customer E&D and tooling costs related to long-term supply agreements is shown below (in millions): July 4, December 31, Current $ 189.6 $ 157.2 Long-term 135.2 113.8 Recoverable customer E&D and tooling $ 324.8 $ 271.0

Long-Term Assets

Long-Term Assets	6 Months Ended
	Jul. 04, 2020
Property, Plant and Equipment [Abstract]
Long-Term Assets	Long-Term Assets Property, plant and equipment is stated at cost. Costs associated with the repair and maintenance of the Company’s property, plant and equipment are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency or safety of the Company’s property, plant and equipment are capitalized and depreciated over the remaining useful life of the related asset. Depreciable property is depreciated over the estimated useful lives of the assets, using principally the straight-line method. A summary of property, plant and equipment is shown below (in millions): July 4, December 31, Land $ 109.6 $ 113.1 Buildings and improvements 819.3 831.3 Machinery and equipment 3,980.5 3,844.1 Construction in progress 318.2 382.4 Total property, plant and equipment 5,227.6 5,170.9 Less – accumulated depreciation (2,609.3 ) (2,466.7 ) Property, plant and equipment, net $ 2,618.3 $ 2,704.2 Depreciation expense was $114.3 million and $112.4 million in the three months ended July 4, 2020 and June 29, 2019 , respectively, and $227.7 million and $223.3 million in the six months ended July 4, 2020 and June 29, 2019 , respectively. The Company monitors its long-lived assets for impairment indicators on an ongoing basis in accordance with GAAP. If impairment indicators exist, the Company performs the required impairment analysis by comparing the undiscounted cash flows expected to be generated from the long-lived assets to the related net book values. If the net book value exceeds the undiscounted cash flows, an impairment loss is measured and recognized. In the first six months of 2020, the Company did not recognize any long-lived asset impairment charges, except as discussed below. The Company will, however, continue to assess the impact of significant industry events on the realization of its long-lived assets. In the first six months of 2020 and 2019 , the Company recognized asset impairment charges of $12.4 million and $3.6 million , respectively, in conjunction with its restructuring actions (Note 3 , " Restructuring "). In the six months ended July 4, 2020 , the Company recognized additional asset impairment charges of $0.6 million .

Goodwill

Goodwill	6 Months Ended
	Jul. 04, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill A summary of the changes in the carrying amount of goodwill, by operating segment, in the six months ended July 4, 2020 , is shown below (in millions): Seating E-Systems Total Balance at January 1, 2020 $ 1,235.4 $ 378.9 $ 1,614.3 Foreign currency translation and other (7.2 ) (1.0 ) (8.2 ) Balance at July 4, 2020 $ 1,228.2 $ 377.9 $ 1,606.1 Goodwill is not amortized but is tested for impairment on at least an annual basis. Impairment testing is required more often than annually if an event or circumstance indicates that an impairment is more likely than not to have occurred. In conducting its annual impairment testing, the Company may first perform a qualitative assessment of whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount. If not, no further goodwill impairment testing is required. If it is more likely than not that a reporting unit’s fair value is less than its carrying amount, or if the Company elects not to perform a qualitative assessment of a reporting unit, the Company then compares the fair value of the reporting unit to the related net book value. If the net book value of a reporting unit exceeds its fair value, an impairment loss is recognized in an amount equal to that excess, limited to the total amount of goodwill recorded. The Company conducts its annual impairment testing as of the first day of its fourth quarte r. During the first quarter of 2020 , an interim goodwill impairment analysis related to one of the Company’s reporting units within its E-Systems operating segment was performed, largely due to industry disruptions resulting from the COVID-19 pandemic. The goodwill impairment analysis reflected the Company’s best estimates of the COVID-19 pandemic’s ultimate impact on industry conditions, including consumer demand, as well as economic recovery. The results of the quantitative analysis indicated that the fair value of the reporting unit exceeded the related carrying value. During the second quarter of 2020 , the Company determined that it was not more likely than not that this reporting unit was impaired. The reporting unit continues to be at risk of failing a future quantitative assessment if the impact of the COVID-19 pandemic is more severe or if economic recovery is slower or weaker than anticipated. As of July 4, 2020 , the goodwill of the reporting unit represents less than 7% of the Company’s total goodwill. There was no impairment of goodwill in the first six months of 2020 and 2019. The Company will, however, continue to assess the impact of significant events or circumstances on its recorded goodwill.

Debt

Debt	6 Months Ended
	Jul. 04, 2020
Debt Disclosure [Abstract]
Debt	Debt A summary of long-term debt, net of unamortized debt issuance costs and unamortized original issue premium (discount), and the related weighted average interest rates is shown below (in millions): July 4, 2020 Debt Instrument Long-Term Debt Unamortized Debt Issuance Costs Unamortized Original Issue Premium (Discount) Long-Term Debt, Net Weighted Credit Agreement — Term Loan Facility $ 228.1 $ (0.8 ) $ — $ 227.3 1.360% 3.8% Senior Notes due 2027 (the "2027 Notes") 750.0 (4.4 ) (3.8 ) 741.8 3.885% 4.25% Senior Notes due 2029 (the "2029 Notes") 375.0 (2.7 ) (1.0 ) 371.3 4.288% 3.5% Senior Notes due 2030 (the "2030 Notes") 350.0 (2.7 ) (0.8 ) 346.5 3.525% 5.25% Senior Notes due 2049 (the "2049 Notes") 625.0 (6.4 ) 14.4 633.0 5.103% $ 2,328.1 $ (17.0 ) $ 8.8 $ 2,319.9 Less — Current portion (17.2 ) Long-term debt $ 2,302.7 December 31, 2019 Debt Instrument Long-Term Debt Unamortized Debt Issuance Costs Unamortized Original Issue Discount Long-Term Debt, Net Weighted Average Interest Rate Credit Agreement — Term Loan Facility $ 234.4 $ (1.0 ) $ — $ 233.4 2.880% 5.25% Senior Notes due 2025 (the "2025 Notes") 650.0 (4.2 ) — 645.8 5.250% 2027 Notes 750.0 (4.7 ) (4.1 ) 741.2 3.885% 2029 Notes 375.0 (2.9 ) (1.1 ) 371.0 4.288% 2049 Notes issued 2019 325.0 (3.3 ) (5.3 ) 316.4 5.363% $ 2,334.4 $ (16.1 ) $ (10.5 ) 2,307.8 Less — Current portion (14.1 ) Long-term debt $ 2,293.7 Senior Notes The issuance, maturity and interest payment dates of the Company's senior unsecured 2027 Notes, 2029 Notes, 2030 Notes and 2049 Notes (together, the "Notes") are shown below: Note Issuance Date(s) Maturity Date Interest Payment Dates 2027 Notes August 2017 September 15, 2027 March 15 and September 15 2029 Notes May 2019 May 15, 2029 May 15 and November 15 2030 Notes February 2020 May 30, 2030 May 30 and November 30 2049 Notes May 2019 and February 2020 May 15, 2049 May 15 and November 15 In February 2020, the Company issued $350.0 million in aggregate principal amount at maturity of 2030 Notes and an additional $300.0 million in aggregate principal amount at maturity of 2049 Notes. The 2030 Notes have a stated coupon rate of 3.5% and were issued at 99.774% of par, resulting in a yield to maturity of 3.525% . The 2049 Notes have a stated coupon rate of 5.25% and were issued at 106.626% of par, resulting in a yield to maturity of 4.821% . The net proceeds from the offering were $669.1 million after original issue discount. The proceeds were used to redeem the $650.0 million in aggregate principal amount of 2025 Notes at a redemption price equal to 102.625% of the principal amount of such 2025 Notes, plus accrued interest. In connection with these transactions, the Company recognized a loss of $21.1 million on the extinguishment of debt and paid related issuance costs of $5.9 million in the six months ended July 4, 2020 . Covenants Subject to certain exceptions, the indentures governing the Notes contain certain investment-grade style restrictive covenants that, among other things, limit the ability of the Company to: (i) create or permit certain liens and (ii) consolidate, merge or sell all or substantially all of the Company’s assets. The indentures governing the Notes also provide for customary events of default. As of July 4, 2020 , the Company was in compliance with all covenants under the indentures governing the Notes. Credit Agreement The Company's unsecured credit agreement (the "Credit Agreement"), dated August 8, 2017, consists of a $1.75 billion revolving credit facility (the "Revolving Credit Facility") and a $250.0 million term loan facility (the "Term Loan Facility"). In February 2020, the Company entered into an agreement to extend the maturity date of the Revolving Credit Facility by one year to August 8, 2024. The maturity date of the Term Loan Facility remains August 8, 2022. In connection with the extension agreement, the Company paid related issuance costs of $1.0 million . As of July 4, 2020 , there were $1.0 billion of borrowings outstanding under the Revolving Credit Facility, which is reflected in current liabilities in the accompanying condensed consolidated balance sheet. As of December 31, 2019 , there were no borrowings outstanding under the Revolving Credit Facility. As of July 4, 2020 and December 31, 2019 , there were $228.1 million and $234.4 million , respectively, of borrowings outstanding under the Term Loan Facility. In the first six months of 2020 , the Company made required principal payments of $6.3 million under the Term Loan Facility. Advances under the Revolving Credit Facility and the Term Loan Facility generally bear interest based on (i) the Eurocurrency Rate (as defined in the Credit Agreement) or (ii) the Base Rate (as defined in the Credit Agreement) plus a margin, determined in accordance with a pricing grid. The range and the rate as of July 4, 2020 , are shown below (in percentages): Eurocurrency Rate Base Rate Rate as of Rate as of Minimum Maximum July 4, 2020 Minimum Maximum July 4, 2020 Revolving Credit Facility 1.00 % 1.60 % 1.10 % 0.00 % 0.60 % 0.10 % Term Loan Facility 1.125 % 1.90 % 1.25 % 0.125 % 0.90 % 0.25 % A facility fee, which ranges from 0.125% to 0.30% of the total amount committed under the Revolving Credit Facility, is payable quarterly. Covenants The Credit Agreement contains various customary representations, warranties and covenants by the Company, including, without limitation, (i) covenants regarding maximum leverage, (ii) limitations on fundamental changes involving the Company or its subsidiaries and (iii) limitations on indebtedness and liens. As of July 4, 2020 , the Company was in compliance with all covenants under the Credit Agreement. For further information related to the Company's debt, see Note 6, "Debt," to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 .

Leases

Leases	6 Months Ended
	Jul. 04, 2020
Leases [Abstract]
Leases	Leases Right-of-Use Assets and Lease Obligations The Company has operating leases for production, office and warehouse facilities, manufacturing and office equipment and vehicles. Operating lease assets and obligations included in the accompanying condensed consolidated balance sheet are shown below (in millions): July 4, December 31, 2019 Right-of-use assets under operating leases: Other long-term assets $ 537.2 $ 527.0 Lease obligations under operating leases: Accrued liabilities $ 113.9 $ 113.9 Other long-term liabilities 434.0 422.4 $ 547.9 $ 536.3 Maturities of lease obligations as of July 4, 2020 , are shown below (in millions): July 4, 2020 2020 (1) $ 69.3 2021 121.9 2022 97.5 2023 76.2 2024 63.4 Thereafter 208.9 Total undiscounted cash flows 637.2 Less: Imputed interest (89.3 ) Lease obligations under operating leases $ 547.9 (1) For the remaining six months The Company has entered into one lease contract which is expected to commence in the third quarter of 2021 with a lease term of approximately ten years . The aggregate right-of-use asset and related lease obligation are expected to be approximately $50 million . Cash flow information related to operating leases is shown below (in millions): Six Months Ended July 4, June 29, Non-cash activity: Right-of-use assets obtained in exchange for operating lease obligations $ 83.2 $ 66.1 Operating cash flows: Cash paid related to operating lease obligations $ 70.9 $ 66.5 Lease expense included in the accompanying condensed consolidated statements of comprehensive income (loss) is shown below (in millions): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Operating lease expense $ 35.3 $ 35.0 $ 71.6 $ 67.5 Short-term lease expense 3.9 4.6 8.0 9.0 Variable lease expense 1.8 1.2 3.7 1.8 Total lease expense $ 41.0 $ 40.8 $ 83.3 $ 78.3 In the six months ended July 4, 2020 , the Company recognized an impairment charge of $2.0 million related to its right-of-use assets in conjunction with its restructuring actions (Note 3 , " Restructuring "). The weighted average lease term and discount rate for operating leases are shown below: July 4, Weighted average remaining lease term (in years) 7.1 Weighted average discount rate 3.4 % For further information related to the Company's leases, see Note 7, "Leases," to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 .

Pension and Other Postretiremen

Pension and Other Postretirement Benefit Plans	6 Months Ended
	Jul. 04, 2020
Retirement Benefits [Abstract]
Pension and Other Postretirement Benefit Plans	Pension and Other Postretirement Benefit Plans The Company sponsors defined benefit pension plans and other postretirement benefit plans (primarily for the continuation of medical benefits) for eligible employees in the United States and certain other countries. Net Periodic Pension and Other Postretirement Benefit (Credit) Cost The components of the Company’s net periodic pension benefit (credit) cost are shown below (in millions): Three Months Ended Six Months Ended July 4, 2020 June 29, 2019 July 4, 2020 June 29, 2019 U.S. Foreign U.S. Foreign U.S. Foreign U.S. Foreign Service cost $ — $ 1.2 $ — $ 1.6 $ — $ 2.4 $ — $ 3.2 Interest cost 4.1 3.0 4.7 3.6 8.2 6.1 9.3 7.3 Expected return on plan assets (5.3 ) (4.9 ) (5.1 ) (5.2 ) (10.6 ) (9.9 ) (10.1 ) (10.4 ) Amortization of actuarial loss 0.5 1.2 0.4 1.9 1.1 2.3 0.9 3.9 Settlement loss — — — — 0.3 — 0.1 — Net periodic benefit (credit) cost $ (0.7 ) $ 0.5 $ — $ 1.9 $ (1.0 ) $ 0.9 $ 0.2 $ 4.0 The components of the Company’s net periodic other postretirement benefit (credit) cost are shown below (in millions): Three Months Ended Six Months Ended July 4, 2020 June 29, 2019 July 4, 2020 June 29, 2019 U.S. Foreign U.S. Foreign U.S. Foreign U.S. Foreign Service cost $ — $ — $ — $ — $ — $ — $ — $ 0.1 Interest cost 0.4 0.2 0.6 0.4 0.8 0.4 1.1 0.7 Amortization of actuarial gain (0.4 ) — (0.5 ) — (0.8 ) — (1.1 ) — Amortization of prior service credit (0.1 ) — (0.1 ) (0.1 ) (0.1 ) — (0.1 ) (0.1 ) Net periodic benefit (credit) cost $ (0.1 ) $ 0.2 $ — $ 0.3 $ (0.1 ) $ 0.4 $ (0.1 ) $ 0.7 Contributions In the six months ended July 4, 2020 , employer contributions to the Company’s domestic and foreign defined benefit pension plans were $5.1 million . The Company has elected to defer its contributions to its U.S. defined benefit pension plans to the extent possible under the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"). The Company expects contributions to its domestic and foreign defined benefit pension plans to be $10 million to $20 million in 2020

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jul. 04, 2020
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The Company enters into contracts with its customers to provide production parts generally at the beginning of a vehicle’s life cycle. Typically, these contracts do not provide for a specified quantity of products, but once entered into, the Company is often expected to fulfill its customers’ purchasing requirements for the production life of the vehicle. Many of these contracts may be terminated by the Company’s customers at any time. Historically, terminations of these contracts have been minimal. The Company receives purchase orders from its customers, which provide the commercial terms for a particular production part, including price (but not quantities). Contracts may also provide for annual price reductions over the production life of the vehicle, and prices may be adjusted on an ongoing basis to reflect changes in product content/cost and other commercial factors. Revenue is recognized at a point in time when control of the product is transferred to the customer under standard commercial terms, as the Company does not have an enforceable right to payment prior to such transfer. The amount of revenue recognized reflects the consideration that the Company expects to be entitled to in exchange for those products based on the annual purchase orders, annual price reductions and ongoing price adjustments. In the first half of 2020, revenue recognized related to prior years represented approximately 1% of consolidated net sales. The Company's customers pay for products received in accordance with payment terms that are customary within the industry. The Company's contracts with its customers do not have significant financing components. The Company records a contract liability for advances received from its customers. As of July 4, 2020 and December 31, 2019 , there were no significant contract liabilities recorded. Further, there were no significant contract liabilities recognized in revenue during the first six months of 2020 . Amounts billed to customers related to shipping and handling costs are included in net sales in the condensed consolidated statements of comprehensive income (loss). Shipping and handling costs are accounted for as fulfillment costs and are included in cost of sales in the condensed consolidated statements of comprehensive income (loss). Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction that are collected by the Company from a customer are excluded from revenue. A summary of the Company’s revenue by reportable operating segment and geography is shown below (in millions): Three Months Ended July 4, 2020 June 29, 2019 Seating E-Systems Total Seating E-Systems Total North America $ 614.8 $ 125.1 $ 739.9 $ 1,597.9 $ 274.5 $ 1,872.4 Europe and Africa 550.1 273.5 823.6 1,461.5 537.9 1,999.4 Asia 557.9 283.0 840.9 659.2 306.6 965.8 South America 32.1 8.0 40.1 120.8 49.2 170.0 $ 1,754.9 $ 689.6 $ 2,444.5 $ 3,839.4 $ 1,168.2 $ 5,007.6 Six Months Ended July 4, 2020 June 29, 2019 Seating E-Systems Total Seating E-Systems Total North America $ 2,188.5 $ 432.6 $ 2,621.1 $ 3,189.0 $ 559.5 $ 3,748.5 Europe and Africa 1,786.1 790.1 2,576.2 3,015.8 1,155.0 4,170.8 Asia 1,015.3 501.9 1,517.2 1,310.6 610.9 1,921.5 South America 131.6 56.1 187.7 237.7 89.2 326.9 $ 5,121.5 $ 1,780.7 $ 6,902.2 $ 7,753.1 $ 2,414.6 $ 10,167.7

Other (Income) Expense, Net

Other (Income) Expense, Net	6 Months Ended
	Jul. 04, 2020
Other Income and Expenses [Abstract]
Other (Income) Expense, Net	Other (Income) Expense, Net Other (income) expense, net includes non-income related taxes, foreign exchange gains and losses, gains and losses related to certain derivative instruments and hedging activities, losses on the extinguishment of debt, gains and losses on the disposal of fixed assets, gains and losses on the consolidation and deconsolidation of affiliates, the non-service cost components of net periodic benefit cost and other miscellaneous income and expense. A summary of other (income) expense, net is shown below (in millions): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Other expense $ 4.4 $ 16.7 $ 43.6 $ 27.3 Other income (7.6 ) (2.9 ) (6.3 ) (9.1 ) Other (income) expense, net $ (3.2 ) $ 13.8 $ 37.3 $ 18.2 In the three months ended July 4, 2020 , other income includes net foreign currency transaction gains of $1.0 million . In the six months ended July 4, 2020 , other expense includes net foreign currency transaction losses of $16.7 million and a loss of $21.1 million on the extinguishment of debt (Note 8 , " Debt "). In the three and six months ended June 29, 2019 , other expense includes net foreign currency transaction losses of $1.4 million and $7.2 million , respectively, and a loss of $10.6 million on the extinguishment of debt.

Income Taxes

Income Taxes	6 Months Ended
	Jul. 04, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes A summary of the provision (benefit) for income taxes and the corresponding effective tax rate for the three and six months ended July 4, 2020 and June 29, 2019 , is shown below (in millions, except effective tax rates): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Provision (benefit) for income taxes $ (41.0 ) $ 73.3 $ (14.5 ) $ 116.4 Pretax income (loss) before equity in net income of affiliates $ (318.3 ) $ 266.9 $ (209.8 ) $ 553.8 Effective tax rate 12.9 % 27.5 % 6.9 % 21.0 % In the first six months of 2020 and 2019 , the provision for income taxes was primarily impacted by the level and mix of earnings among tax jurisdictions. In addition, the Company recognized tax benefits (expense) related to the significant, discrete items shown below (in millions): Six Months Ended July 4, June 29, Restructuring charges and various other items $ 31.1 $ 26.6 Valuation allowances on deferred tax assets of foreign subsidiaries (22.0 ) (10.4 ) Share-based compensation (0.2 ) 3.2 Change in tax status of certain affiliates — 18.4 $ 8.9 $ 37.8 Excluding the items above, the effective tax rate for the first six months of 2020 and 2019 approximated the U.S. federal statutory income tax rate of 21% , adjusted for income taxes on foreign earnings, losses and remittances, valuation allowances, tax credits, income tax incentives and other permanent items. On March 27, 2020, the CARES Act was signed into law. A major provision of the CARES Act allows net operating losses from the 2018, 2019 and 2020 tax years to be carried back up to five years, including years in which the U.S. federal corporate income tax rate was 35% , as opposed to the current U.S federal corporate income tax rate of 21% . For the three and six months ended July 4, 2020 , the Company recognized tax benefits of $28.0 million due to the five-year net operating loss carryback period provided under the CARES Act, which include the positive and negative tax rate impact of various U.S. permanent and temporary differences, including the negative tax rate impact from the inclusion of foreign branch income. For the six months ended July 4, 2020 , the Company utilized the discrete effective tax rate method, as allowed by Accounting Standards Codification ("ASC") 740, "Income Taxes," to calculate its interim income tax provision. The discrete method is applied when the application of the estimated annual effective tax rate is impractical because it is not possible to reliably estimate the annual effective tax rate. The discrete method treats the year-to-date period as if it was the annual period and determines the income tax expense or benefit on that basis. The Company believes that, as a result of the current uncertainty due to the COVID-19 pandemic, the application of the estimated annual effective tax rate is impractical because it is not possible to reliably estimate the annual effective tax rate as minor changes in annual forecasted pre-tax income or income tax expense or benefit can produce significant changes in the estimated annual effective tax rate. For the six months ended June 29, 2019 , the Company calculated its interim income tax provision based on the estimated annual effective rate. The Company’s current and future provision for income taxes is impacted by the initial recognition of and changes in valuation allowances in certain countries. The Company intends to maintain these allowances until it is more likely than not that the deferred tax assets will be realized. The Company’s future provision for income taxes will include no tax benefit with respect to losses incurred and, except for certain jurisdictions, no tax expense with respect to income generated in these countries until the respective valuation allowances are eliminated. Accordingly, income taxes are impacted by changes in valuation allowances and the mix of earnings among jurisdictions. The Company evaluates the realizability of its deferred tax assets on a quarterly basis. In completing this evaluation, the Company considers all available evidence in order to determine whether, based on the weight of the evidence, a valuation allowance for its deferred tax assets is necessary. Such evidence includes historical results, future reversals of existing taxable temporary differences and expectations for future taxable income (exclusive of the reversal of temporary differences and carryforwards), as well as the implementation of feasible and prudent tax planning strategies. If, based on the weight of the evidence, it is more likely than not that all or a portion of the Company’s deferred tax assets will not be realized, a valuation allowance is recorded. If operating results improve or decline on a continual basis in a particular jurisdiction, the Company’s decision regarding the need for a valuation allowance could change, resulting in either the initial recognition or reversal of a valuation allowance in that jurisdiction, which could have a significant impact on income tax expense in the period recognized and subsequent periods. In determining the provision for income taxes for financial statement purposes, the Company makes certain estimates and judgments, which affect its evaluation of the carrying value of its deferred tax assets, as well as its calculation of certain tax liabilities. For further information related to the Company's income taxes, see Note 8, "Income Taxes," to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019

Net Income (Loss) Per Share Att

Net Income (Loss) Per Share Attributable to Lear	6 Months Ended
	Jul. 04, 2020
Earnings Per Share [Abstract]
Net Income (Loss) Per Share Attributable to Lear	Net Income (Loss) Per Share Attributable to Lear Basic net income (loss) per share available to Lear common stockholders is computed using the two-class method by dividing net income (loss) attributable to Lear, after deducting the redemption adjustment related to the redeemable noncontrolling interest, by the average number of common shares outstanding during the period. Common shares issuable upon the satisfaction of certain conditions pursuant to a contractual agreement are considered common shares outstanding and are included in the computation of basic net income (loss) per share available to Lear common stockholders. Diluted net income per share available to Lear common stockholders is computed using the two-class method by dividing net income attributable to Lear, after deducting the redemption adjustment related to the redeemable noncontrolling interest, by the average number of common shares outstanding, including the dilutive effect of common stock equivalents computed using the treasury stock method and the average share price during the period. The computation of diluted net loss per share available to Lear common stockholders excludes the effect of common stock equivalents as such effect would be anti-dilutive. A summary of information used to compute basic and diluted net income (loss) per share available to Lear common stockholders is shown below (in millions, except share and per share data): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Net income (loss) attributable to Lear $ (293.9 ) $ 182.8 $ (217.5 ) $ 411.7 Redeemable noncontrolling interest adjustment — (0.9 ) — 5.8 Net income (loss) available to Lear common stockholders $ (293.9 ) $ 181.9 $ (217.5 ) $ 417.5 Average common shares outstanding 60,102,925 62,191,022 60,310,559 62,501,419 Dilutive effect of common stock equivalents — 163,312 — 233,075 Average diluted shares outstanding 60,102,925 62,354,334 60,310,559 62,734,494 Basic net income (loss) per share available to Lear common stockholders $ (4.89 ) $ 2.92 $ (3.61 ) $ 6.68 Diluted net income (loss) per share available to Lear common stockholders $ (4.89 ) $ 2.92 $ (3.61 ) $ 6.66 For further information related to the redeemable noncontrolling interest adjustment, see Note 15 , " Comprehensive Income (Loss) and Equity ."

Comprehensive Income (Loss) and

Comprehensive Income (Loss) and Equity	6 Months Ended
	Jul. 04, 2020
Equity [Abstract]
Comprehensive Income (Loss) and Equity	Comprehensive Income (Loss) and Equity Comprehensive Income (Loss) Comprehensive income (loss) is defined as all changes in the Company’s net assets except changes resulting from transactions with stockholders. It differs from net income (loss) in that certain items recorded in equity are included in comprehensive income (loss). Accumulated Other Comprehensive Loss A summary of changes, net of tax, in accumulated other comprehensive loss for the three and six months ended July 4, 2020 , is shown below (in millions): July 4, 2020 Three Months Ended Six Months Ended Defined benefit plans: Balance at beginning of period $ (208.7 ) $ (217.6 ) Reclassification adjustments (net of tax expense of $0.4 million and $0.7 million in the three and six months ended July 4, 2020, respectively) 0.8 2.1 Other comprehensive income (loss) recognized during the period (net of tax impact of $— million in the three and six months ended July 4, 2020) (3.8 ) 3.8 Balance at end of period $ (211.7 ) $ (211.7 ) Derivative instruments and hedging: Balance at beginning of period $ (111.3 ) $ 9.8 Reclassification adjustments (net of tax expense of $3.1 million and $1.7 million in the three and six months ended July 4, 2020, respectively) 11.0 5.3 Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of ($12.0) million and $15.9 million in the three and six months ended July 4, 2020, respectively) 49.9 (65.5 ) Balance at end of period $ (50.4 ) $ (50.4 ) Foreign currency translation: Balance at beginning of period $ (729.3 ) $ (564.9 ) Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of $2.6 million and ($2.2) million in the three and six months ended July 4, 2020, respectively) 68.4 (96.0 ) Balance at end of period $ (660.9 ) $ (660.9 ) Total accumulated other comprehensive loss $ (923.0 ) $ (923.0 ) In the three months ended July 4, 2020 , foreign currency translation adjustments are primarily related to the strengthening of the Euro relative to the U.S. dollar. In the six months ended July 4, 2020 , foreign currency translation adjustments are primarily related to the weakening of the Brazilian real and the Chinese renminbi relative to the U.S. dollar. In the three and six months ended July 4, 2020 , foreign currency translation adjustments include pretax (gains) losses of ($0.5) million and $1.1 million , respectively, related to intercompany transactions for which settlement is not planned or anticipated in the foreseeable future. A summary of changes, net of tax, in accumulated other comprehensive loss for the three and six months ended June 29, 2019 , is shown below (in millions): June 29, 2019 Three Months Ended Six Months Ended Defined benefit plans: Balance at beginning of period $ (172.5 ) $ (172.8 ) Reclassification adjustments (net of tax expense of $— million and $0.4 million in the three and six months ended June 29, 2019, respectively) 1.6 3.2 Other comprehensive loss recognized during the period (net of tax impact of $— million in the three and six months ended June 29, 2019) (3.0 ) (4.3 ) Balance at end of period $ (173.9 ) $ (173.9 ) Derivative instruments and hedging: Balance at beginning of period $ (9.0 ) $ (9.7 ) Reclassification adjustments (net of tax benefit of $2.7 million and $4.8 million in the three and six months ended June 29, 2019, respectively) (10.0 ) (17.1 ) Other comprehensive income recognized during the period (net of tax expense of $5.0 million and $7.3 million in the three and six months ended June 29, 2019, respectively) 17.8 25.6 Balance at end of period $ (1.2 ) $ (1.2 ) Foreign currency translation: Balance at beginning of period $ (530.0 ) $ (523.3 ) Other comprehensive income recognized during the period (net of tax impact of $— million in the three and six months ended June 29, 2019) 6.9 0.2 Balance at end of period $ (523.1 ) $ (523.1 ) Total accumulated other comprehensive loss $ (698.2 ) $ (698.2 ) In the three months ended June 29, 2019 , foreign currency translation adjustments are primarily related to the weakening of the Chinese renminbi relative to the U.S. dollar. In the six months ended June 29, 2019, foreign currency translation adjustments are primarily related to the weakening of the Euro relative to the U.S. dollar and include pretax gains of $0.1 million related to intercompany transactions for which settlement is not planned or anticipated in the foreseeable future. For further information regarding reclassification adjustments related to the Company's defined benefit plans, see Note 10 , " Pension and Other Postretirement Benefit Plans ." For further information regarding reclassification adjustments related to the Company's derivative and hedging activities, see Note 18 , " Financial Instruments ." Lear Corporation Stockholders’ Equity Common Stock Share Repurchase Program In March 2020, as a proactive measure in response to the COVID-19 pandemic, the Company suspended share repurchases under its share repurchase program. Share repurchases prior to the suspension are shown below (in millions except for shares and per share amounts): Six Months Ended As of July 4, 2020 July 4, 2020 Aggregate Repurchases Cash paid for Repurchases Number of Shares Average Price per Share (1) Remaining Purchase Authorization $ 70.0 $ 70.0 641,149 $ 109.22 $ 1,430.0 (1) Excludes commissions Since the first quarter of 2011, the Company's Board of Directors has authorized $6.1 billion in share repurchases under the common stock share repurchase program. As of the end of the second quarter of 2020 , the Company has repurchased, in aggregate, $4.7 billion of its outstanding common stock, at an average price of $90.07 per share, excluding commissions and related fees. The Company may implement share repurchases through a variety of methods, including, but not limited to, open market purchases, accelerated stock repurchase programs and structured repurchase transactions. The extent to which the Company will repurchase its outstanding common stock and the timing of such repurchases will depend upon its financial condition, prevailing market conditions, alternative uses of capital and other factors. In addition to shares repurchased under the Company’s common stock share repurchase program described above, the Company classified shares withheld from the settlement of the Company’s restricted stock unit and performance share awards to cover tax withholding requirements as common stock held in treasury in the accompanying condensed consolidated balance sheets as of July 4, 2020 and December 31, 2019 . Quarterly Dividend In March 2020, as a proactive measure in response to the COVID-19 pandemic, the Company suspended its quarterly cash dividend. Prior to the suspension, the Company’s Board of Directors declared a cash dividend of $0.77 per share of common stock in the first quarter of 2020 and quarterly cash dividends of $0.75 per share of common stock in the first half of 2019. Dividends declared and paid are shown below (in millions): Six Months Ended July 4, 2020 June 29, Dividends declared $ 46.8 $ 94.6 Dividends paid 47.9 95.6 Dividends payable on common shares to be distributed under the Company’s stock-based compensation program and common shares contemplated as part of the Company’s emergence from Chapter 11 bankruptcy proceedings will be paid when such common shares are distributed. Redeemable Noncontrolling Interest In accordance with GAAP, the Company records redeemable noncontrolling interests at the greater of (1) the initial carrying amount adjusted for the noncontrolling interest holder’s share of total comprehensive income or loss and dividends ("noncontrolling interest carrying value") or (2) the redemption value as of and based on conditions existing as of the reporting date. Required redeemable noncontrolling interest adjustments are recorded as an increase to redeemable noncontrolling interests, with an offsetting adjustment to retained earnings. The redeemable noncontrolling interest is classified in mezzanine equity in the accompanying condensed consolidated balance sheets as of July 4, 2020 and December 31, 2019 . In the second quarter of 2020, the noncontrolling interest holder in Shanghai Lear STEC Automotive Parts Co., Ltd. exercised its option requiring the Company to purchase its 45% redeemable noncontrolling interest for RMB 626.0 million ( $88.6 million at July 4, 2020) plus undistributed retained earnings of RMB 175.5 million ( $24.8 million at July 4, 2020). The transaction is subject to regulatory approval and is expected to close in the second half of 2020. Approximately 50% of the purchase price and undistributed retained earnings is expected to be paid at closing, with remaining amounts paid in 2021. For further information related to the redeemable noncontrolling interest adjustment, see Note 14 , " Net Income (Loss) Per Share Attributable to Lear ," herein, as well as Note 5, "Investments in Affiliates and Other Related Party Transactions," to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 .

Legal and Other Contingencies

Legal and Other Contingencies	6 Months Ended
	Jul. 04, 2020
Commitments and Contingencies Disclosure [Abstract]
Legal and Other Contingencies	Legal and Other Contingencies As of July 4, 2020 and December 31, 2019 , the Company had recorded reserves for pending legal disputes, including commercial disputes and other matters, of $15.1 million and $14.0 million , respectively. Such reserves reflect amounts recognized in accordance with GAAP and typically exclude the cost of legal representation. Product liability and warranty reserves are recorded separately from legal reserves, as described below. Commercial Disputes The Company is involved from time to time in legal proceedings and claims, including, without limitation, commercial or contractual disputes with its customers, suppliers and competitors. These disputes vary in nature and are usually resolved by negotiations between the parties. Product Liability and Warranty Matters In the event that use of the Company’s products results in, or is alleged to result in, bodily injury and/or property damage or other losses, the Company may be subject to product liability lawsuits and other claims. Such lawsuits generally seek compensatory damages, punitive damages and attorneys’ fees and costs. In addition, if any of the Company’s products are, or are alleged to be, defective, the Company may be required or requested by its customers to participate in a recall or other corrective action involving such products. Certain of the Company’s customers have asserted claims against the Company for costs related to recalls or other corrective actions involving its products. The Company can provide no assurances that it will not experience material claims in the future or that it will not incur significant costs to defend such claims. To a lesser extent, the Company is a party to agreements with certain of its customers, whereby these customers may pursue claims against the Company for contribution of all or a portion of the amounts sought in connection with product liability and warranty claims. In certain instances, allegedly defective products may be supplied by Tier 2 suppliers. The Company may seek recovery from its suppliers of materials or services included within the Company’s products that are associated with product liability and warranty claims. The Company carries insurance for certain legal matters, including product liability claims, but such coverage may be limited. The Company does not maintain insurance for product warranty or recall matters. Future dispositions with respect to the Company’s product liability claims that were subject to compromise under the Chapter 11 bankruptcy proceedings will be satisfied out of a common stock and warrant reserve established for that purpose. The Company records product warranty reserves when liability is probable and related amounts are reasonably estimable. A summary of the changes in reserves for product liability and warranty claims for the six months ended July 4, 2020 , is shown below (in millions): Balance at January 1, 2020 $ 32.0 Expense, net (including changes in estimates) 6.8 Settlements (4.2 ) Foreign currency translation and other (0.5 ) Balance at July 4, 2020 $ 34.1 Environmental Matters The Company is subject to local, state, federal and foreign laws, regulations and ordinances which govern activities or operations that may have adverse environmental effects and which impose liability for clean-up costs resulting from past spills, disposals or other releases of hazardous wastes and environmental compliance. The Company’s policy is to comply with all applicable environmental laws and to maintain an environmental management program based on ISO 14001 to ensure compliance with this standard. However, the Company currently is, has been and in the future may become the subject of formal or informal enforcement actions or procedures. As of July 4, 2020 and December 31, 2019 , the Company had recorded environmental reserves of $9.2 million and $9.3 million , respectively. The Company does not believe that the environmental liabilities associated with its current and former properties will have a material adverse impact on its business, financial condition, results of operations or cash flows; however, no assurances can be given in this regard. Other Matters The Company is involved from time to time in various other legal proceedings and claims, including, without limitation, intellectual property matters, tax claims and employment matters. Although the outcome of any legal matter cannot be predicted with certainty, the Company does not believe that any of the other legal proceedings or claims in which the Company is currently involved, either individually or in the aggregate, will have a material adverse impact on its business, financial condition, results of operations or cash flows. However, no assurances can be given in this regard. Although the Company records reserves for legal disputes, product liability and warranty claims and environmental and other matters in accordance with GAAP, the ultimate outcomes of these matters are inherently uncertain. Actual results may differ significantly from current estimates.

Segment Reporting

Segment Reporting	6 Months Ended
	Jul. 04, 2020
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company has two reportable operating segments: Seating, which includes complete seat systems and all major seat components, including seat covers and surface materials such as leather and fabric, seat structures and mechanisms, seat foam and headrests, and E-Systems, which includes complete electrical distribution systems, as well as sophisticated electronic control modules, electrification products and connectivity products. Key components in the Company's electrical distribution portfolio include wire harnesses, terminals and connectors and junction boxes for both internal combustion engine and electrification architectures that require management of higher voltage and power. Key components in the Company's electronic control module portfolio include body control modules, wireless receiver and transmitter technology and lighting and audio control modules, as well as products specific to electrification and connectivity trends. Electrification products include charging systems (onboard charging modules and cord set charging equipment), battery electronics (battery disconnect units, cell monitoring supervisory systems and integrated total battery control modules) and other power management modules, including converter and inverter systems. Connectivity products include gateway modules and communication modules to manage both wired and wireless networks and data in vehicles. The other category includes unallocated costs related to corporate headquarters, regional headquarters and the elimination of intercompany activities, none of which meets the requirements for being classified as an operating segment. Corporate and regional headquarters costs include various support functions, such as information technology, advanced research and development, corporate finance, legal, executive administration and human resources, as well as advanced engineering expenses. Each of the Company’s operating segments reports its results from operations and makes its requests for capital expenditures directly to the chief operating decision maker. The economic performance of each operating segment is driven primarily by automotive production volumes in the geographic regions in which it operates, as well as by the success of the vehicle platforms for which it supplies products. Also, each operating segment operates in the competitive Tier 1 automotive supplier environment and is continually working with its customers to manage costs and improve quality. The Company’s production processes generally make use of hourly labor, dedicated facilities, sequential manufacturing and assembly processes and commodity raw materials. The Company evaluates the performance of its operating segments based primarily on (i) revenues from external customers, (ii) pretax income (loss) before equity in net income of affiliates, interest expense and other (income) expense ("segment earnings") and (iii) cash flows, being defined as segment earnings less capital expenditures plus depreciation and amortization. A summary of revenues from external customers and other financial information by reportable operating segment is shown below (in millions): Three Months Ended July 4, 2020 Seating E-Systems Other Consolidated Revenues from external customers $ 1,754.9 $ 689.6 $ — $ 2,444.5 Segment earnings (1) (116.4 ) (113.4 ) (64.5 ) (294.3 ) Depreciation and amortization 83.8 42.6 3.9 130.3 Capital expenditures 47.0 37.1 2.0 86.1 Total assets 6,687.7 2,901.2 2,680.1 12,269.0 Three Months Ended June 29, 2019 Seating E-Systems Other Consolidated Revenues from external customers $ 3,839.4 $ 1,168.2 $ — $ 5,007.6 Segment earnings (1) 283.2 84.7 (62.7 ) 305.2 Depreciation and amortization 83.4 40.9 4.0 128.3 Capital expenditures 80.0 52.5 4.0 136.5 Total assets 7,714.0 3,093.2 2,040.5 12,847.7 Six Months Ended July 4, 2020 Seating E-Systems Other Consolidated Revenues from external customers $ 5,121.5 $ 1,780.7 $ — $ 6,902.2 Segment earnings (1) 69.7 (81.0 ) (109.6 ) (120.9 ) Depreciation and amortization 167.3 85.7 7.8 260.8 Capital expenditures 113.2 78.8 3.2 195.2 Six Months Ended June 29, 2019 Seating E-Systems Other Consolidated Revenues from external customers $ 7,753.1 $ 2,414.6 $ — $ 10,167.7 Segment earnings (1) 535.5 213.0 (131.1 ) 617.4 Depreciation and amortization 166.3 77.7 7.9 251.9 Capital expenditures 160.2 91.6 7.5 259.3 (1) See definition above For the three months ended July 4, 2020 , segment earnings include restructuring charges of $13.4 million , $20.9 million and $0.6 million in the Seating and E-Systems segments and in the other category, respectively. For the six months ended July 4, 2020 , segment earnings include restructuring charges of $25.7 million , $41.2 million and $0.6 million in the Seating and E-Systems segments and in the other category, respectively. The Company expects to incur approximately $20 million , $23 million and $5 million of additional restructuring costs in the Seating and E-Systems segments and in the other category, respectively, related to activities initiated as of July 4, 2020 , and expects that the components of such costs will be consistent with its historical experience. For the three months ended June 29, 2019 , segment earnings include restructuring charges of $28.3 million , $8.3 million and $0.1 million in the Seating and E-Systems segments and in the other category, respectively. For the six months ended June 29, 2019 , segment earnings include restructuring charges of $73.5 million , $17.2 million and $0.3 million in the Seating and E-Systems segments and in the other category, respectively. For further information, see Note 3 , " Restructuring ." A reconciliation of segment earnings to consolidated income (loss) before provision for income taxes and equity in net income of affiliates is shown below (in millions): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Segment earnings $ (294.3 ) $ 305.2 $ (120.9 ) $ 617.4 Interest expense 27.2 24.5 51.6 45.4 Other (income) expense, net (3.2 ) 13.8 37.3 18.2 Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates $ (318.3 ) $ 266.9 $ (209.8 ) $ 553.8

Financial Instruments

Financial Instruments	6 Months Ended
	Jul. 04, 2020
Fair Value Disclosures [Abstract]
Financial Instruments	Financial Instruments Debt Instruments The carrying values of the Notes vary from their fair values. The fair values of the Notes were determined by reference to the quoted market prices of these securities (Level 2 input based on the GAAP fair value hierarchy). The carrying value of the Company’s Term Loan Facility approximates its fair value (Level 3 input based on the GAAP fair value hierarchy). The estimated fair value, as well as the carrying value, of the Company's debt instruments are shown below (in millions): July 4, December 31, Estimated aggregate fair value (1) $ 2,373.5 $ 2,384.6 Aggregate carrying value (1)(2) 2,328.1 2,334.4 (1) Includes Term Loan Facility and Notes (2) Excludes the impact of unamortized debt issuance costs and unamortized original issue premium (discount) Cash, Cash Equivalents and Restricted Cash The Company has on deposit, cash that is legally restricted as to use or withdrawal. A reconciliation of cash, cash equivalents and restricted cash reported on the accompanying condensed consolidated balance sheets to cash, cash equivalents and restricted cash reported on the accompanying condensed consolidated statements of cash flows is shown below (in millions): July 4, June 29, Balance sheet - cash and cash equivalents $ 1,775.5 $ 1,269.0 Restricted cash included in other current assets 36.0 15.5 Restricted cash included in other long-term assets 1.6 6.4 Statement of cash flows - cash, cash equivalents and restricted cash $ 1,813.1 $ 1,290.9 Accounts Receivable On January 1, 2020, the Company adopted Accounting Standards Update ("ASU") 2016-13, "Financial Instruments - Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments," using a modified retrospective approach. The standard amends several aspects of the measurement of credit losses related to certain financial instruments, including the replacement of the existing incurred credit loss model and other models with the current expected credit losses ("CECL") model. The cumulative effect of adoption resulted in an increase of $0.8 million in the allowance for credit loss and a corresponding decrease in retained earnings as of January 1, 2020. The Company’s allowance for credit losses on financial assets measured at amortized cost, primarily accounts receivable, reflects management’s estimate of credit losses over the remaining expected life of such assets, measured primarily using historical experience, as well as current conditions and forecasts that affect the collectability of the reported amount. Expected credit losses for newly recognized financial assets, as well as changes to expected credit losses during the period, are recognized in earnings. The Company also considers geographic and segment specific risk factors in the development of expected credit losses. As of July 4, 2020 and December 31, 2019 , accounts receivable are reflected net of reserves of $36.7 million and $36.0 million , respectively. Changes in expected credit losses were not significant in the first six months of 2020 . Accounts Receivable Factoring During the second quarter of 2020, the Company entered into an uncommitted factoring arrangement which provides for aggregate purchases of specified customer accounts in North America. The factoring arrangement results in true sales of the factored receivables, which are excluded from amounts reported in the consolidated balance sheets when the receivables are factored in accordance with ASC 860, "Transfers and Servicing." There were no receivables factored during the second quarter of 2020. The Company cannot provide any assurances that the factoring arrangement will be available or utilized in the future. Marketable Equity Securities Marketable equity securities, which the Company accounts for under the fair value option, are included in the accompanying condensed consolidated balance sheets as shown below (in millions): July 4, December 31, Current assets $ 7.6 $ 17.1 Other long-term assets 39.7 42.1 $ 47.3 $ 59.2 Unrealized gains and losses arising from changes in the fair value of the marketable equity securities are recognized in the condensed consolidated statements of comprehensive income (loss) as a component of other expense, net. The fair value of the marketable equity securities is determined by reference to quoted market prices in active markets (Level 1 input based on the GAAP fair value hierarchy). Equity Securities Without Readily Determinable Fair Values As of July 4, 2020 and December 31, 2019 , investments in equity securities without readily determinable fair values of $15.2 million are included in other long-term assets in the accompanying condensed consolidated balance sheets. Such investments are valued at cost, less any impairment, and adjusted for changes resulting from observable, orderly transactions for identical or similar securities. Derivative Instruments and Hedging Activities The Company has used derivative financial instruments, including forwards, futures, options, swaps and other derivative contracts to reduce the effects of fluctuations in foreign exchange rates and interest rates and the resulting variability of the Company’s operating results. The Company is not a party to leveraged derivatives. The Company’s derivative financial instruments are subject to master netting arrangements that provide for the net settlement of contracts, by counterparty, in the event of default or termination. On the date that a derivative contract for a hedging instrument is entered into, the Company designates the derivative as either (1) a hedge of the exposure to changes in the fair value of a recognized asset or liability or of an unrecognized firm commitment (a fair value hedge), (2) a hedge of the exposure of a forecasted transaction or of the variability in the cash flows of a recognized asset or liability (a cash flow hedge), (3) a hedge of a net investment in a foreign operation (a net investment hedge) or (4) a contract not designated as a hedging instrument. For a fair value hedge, the change in the fair value of the derivative is recorded in earnings and reflected in the condensed consolidated statements of comprehensive income (loss) on the same line as the gain or loss on the hedged item attributable to the hedged risk. For a cash flow hedge, the change in the fair value of the derivative is recorded in accumulated other comprehensive loss in the condensed consolidated balance sheets. When the underlying hedged transaction is realized, the gain or loss included in accumulated other comprehensive loss is recorded in earnings and reflected in the condensed consolidated statements of comprehensive income (loss) on the same line as the gain or loss on the hedged item attributable to the hedged risk. For a net investment hedge, the change in the fair value of the derivative is recorded in cumulative translation adjustment, which is a component of accumulated other comprehensive loss in the condensed consolidated balance sheets. When the related currency translation adjustment is required to be reclassified, usually upon sale or liquidation of the investment, the gain or loss included in accumulated other comprehensive loss is recorded in earnings. Changes in the fair value of contracts not designated as hedging instruments are recorded in earnings and reflected in the condensed consolidated statements of comprehensive income (loss) as other expense, net. Cash flows attributable to derivatives used to manage foreign currency risks are classified on the same line as the hedged item attributable to the hedged risk in the condensed consolidated statements of cash flows. Upon settlement, cash flows attributable to derivatives designated as net investment hedges are classified as investing activities in the consolidated statements of cash flows. Cash flows attributable to forward starting interest rate swaps are classified as financing activities in the condensed consolidated statements of cash flows. The Company formally documents its hedge relationships, including the identification of the hedge instruments and the related hedged items, as well as its risk management objectives and strategies for undertaking the hedge transaction. Derivatives are recorded at fair value in other current and long-term assets and other current and long-term liabilities in the consolidated balance sheet. The Company also formally assesses whether a derivative used in a hedge transaction is highly effective in offsetting changes in either the fair value or the cash flows of the hedged item. When it is determined that a hedged transaction is no longer probable to occur, the Company discontinues hedge accounting. Foreign Exchange The Company uses forwards, swaps and other derivative contracts to reduce the effects of fluctuations in foreign exchange rates on known foreign currency exposures. Gains and losses on the derivative instruments are intended to offset gains and losses on the hedged transaction in an effort to reduce exposure to fluctuations in foreign exchange rates. The principal currencies hedged by the Company include the Mexican peso, various European currencies, the Thai baht, the Japanese yen, the Philippine peso and the Chinese renminbi. Foreign currency derivative contracts not designated as hedging instruments consist principally of hedges of cash transactions, intercompany loans and certain other balance sheet exposures. Net Investment Hedges The Company uses cross-currency interest rate swaps, which are designated as net investment hedges of the foreign currency rate exposure of its investment in certain Euro-denominated subsidiaries. In the first half of 2020, interest expense in the accompanying consolidated statement of comprehensive income (loss) was offset by $3.2 million related to contra interest expense on these net investment hedges. Balance Sheet Classification The notional amount, estimated aggregate fair value and related balance sheet classification of the Company's foreign currency derivative contracts and net investment hedges are shown below (in millions, except for maturities): July 4, December 31, Fair value of foreign currency contracts designated as cash flow hedges: Other current assets $ 10.8 $ 44.0 Other long-term assets 3.3 7.3 Other current liabilities (33.8 ) (4.5 ) Other long-term liabilities (9.3 ) (0.2 ) (29.0 ) 46.6 Notional amount $ 1,162.6 $ 1,465.8 Outstanding maturities in months, not to exceed 24 24 Fair value of derivatives designated as net investment hedges: Other long-term assets $ 6.0 $ — Other long-term liabilities — (4.4 ) 6.0 (4.4 ) Notional amount $ 300.0 $ 300.0 Outstanding maturities in months, not to exceed 51 57 Fair value of foreign currency contracts not designated as hedging instruments: Other current assets $ 4.1 $ 6.9 Other current liabilities (4.2 ) (3.2 ) (0.1 ) 3.7 Notional amount $ 1,366.9 $ 697.0 Outstanding maturities in months, not to exceed 12 12 Total fair value $ (23.1 ) $ 45.9 Total notional amount $ 2,829.5 $ 2,462.8 Accumulated Other Comprehensive Loss - Derivative Instruments and Hedging Pretax amounts related to foreign currency, net investment hedge and interest rate swap contracts that were recognized in and reclassified from accumulated other comprehensive loss are shown below (in millions): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Gains (losses) recognized in accumulated other comprehensive loss: Foreign currency contracts $ 61.9 $ 17.6 $ (81.4 ) $ 42.4 Net investment hedge contracts (12.6 ) — 10.4 — Interest rate swap contracts — 5.2 — (9.5 ) 49.3 22.8 (71.0 ) 32.9 (Gains) losses reclassified from accumulated other comprehensive loss to: Net sales (0.4 ) 0.5 (0.5 ) 1.0 Cost of sales 14.1 (13.2 ) 6.5 (22.9 ) Interest expense 0.6 0.3 1.2 0.3 Other (income) expense (0.2 ) — (0.2 ) — 14.1 (12.4 ) 7.0 (21.6 ) Comprehensive income (loss) $ 63.4 $ 10.4 $ (64.0 ) $ 11.3 As of July 4, 2020 and December 31, 2019 , pretax net gains (losses) of ($44.6) million and $19.4 million , respectively, related to the Company’s derivative instruments and hedging activities were recorded in accumulated other comprehensive loss. During the next twelve month period, net losses expected to be reclassified into earnings are shown below (in millions): Net losses related to foreign currency contracts $ 23.0 Net losses related to interest rate swap contracts 2.4 Total $ 25.4 Such losses will be reclassified at the time that the underlying hedged transactions are realized. Fair Value Measurements GAAP provides that fair value is an exit price, defined as a market-based measurement that represents the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value measurements are based on one or more of the following three valuation techniques: Market: This approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. Income : This approach uses valuation techniques to convert future amounts to a single present value amount based on current market expectations. Cost: This approach is based on the amount that would be required to replace the service capacity of an asset (replacement cost). Further, GAAP prioritizes the inputs and assumptions used in the valuation techniques described above into a three-tier fair value hierarchy as follows: Level 1: Observable inputs, such as quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date. Level 2: Inputs, other than quoted market prices included in Level 1, that are observable either directly or indirectly for the asset or liability. Level 3: Unobservable inputs that reflect the entity’s own assumptions about the exit price of the asset or liability. Unobservable inputs may be used if there is little or no market data for the asset or liability at the measurement date. The Company discloses fair value measurements and the related valuation techniques and fair value hierarchy level for its assets and liabilities that are measured or disclosed at fair value. Items Measured at Fair Value on a Recurring Basis Fair value measurements and the related valuation techniques and fair value hierarchy level for the Company’s assets and liabilities measured at fair value on a recurring basis as of July 4, 2020 and December 31, 2019 , are shown below (in millions): July 4, 2020 Frequency Asset (Liability) Valuation Technique Level 1 Level 2 Level 3 Foreign currency contracts, net Recurring $ (29.1 ) Market/ Income $ — $ (29.1 ) $ — Net investment hedges Recurring $ 6.0 Market/ Income $ — $ 6.0 $ — Marketable equity securities Recurring $ 47.3 Market $ 47.3 $ — $ — December 31, 2019 Frequency Asset (Liability) Valuation Technique Level 1 Level 2 Level 3 Foreign currency contracts, net Recurring $ 50.3 Market/ Income — 50.3 — Net investment hedges Recurring $ (4.4 ) Market/ Income — (4.4 ) — Marketable equity securities Recurring $ 59.2 Market 59.2 — — The Company determines the fair value of its derivative contracts using quoted market prices to calculate the forward values and then discounts such forward values to the present value. The discount rates used are based on quoted bank deposit or swap interest rates. If a derivative contract is in a net liability position, the Company adjusts these discount rates, if required, by an estimate of the credit spread that would be applied by market participants purchasing these contracts from the Company’s counterparties. If an estimate of the credit spread is required, the Company uses significant assumptions and factors other than quoted market rates, which would result in the classification of its derivative liabilities within Level 3 of the fair value hierarchy. As of July 4, 2020 and December 31, 2019 , there were no derivative contracts that were classified within Level 3 of the fair value hierarchy. In addition, there were no transfers in or out of Level 3 of the fair value hierarchy in the first half of 2020. Items Measured at Fair Value on a Non-Recurring Basis The Company measures certain assets and liabilities at fair value on a non-recurring basis, which are not included in the table above. As these non-recurring fair value measurements are generally determined using unobservable inputs, these fair value measurements are classified within Level 3 of the fair value hierarchy. In the first quarter of 2020, the Company completed a quantitative goodwill impairment assessment for one of its reporting units. The fair value estimate of the reporting unit was based on a third-party valuation and management's estimates, using a combination of the discounted cash flow method and guideline public company method. As of July 4, 2020 , there were no additional significant assets or liabilities measured at fair value on a non-recurring basis.

Accounting Pronouncements

Accounting Pronouncements	6 Months Ended
	Jul. 04, 2020
Accounting Changes and Error Corrections [Abstract]
Accounting Pronouncements	Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the Financial Accounting Standards Board ("FASB"). The Company considered the ASUs summarized below, effective for 2020: Measurement of Credit Losses on Financial Instruments See Note 18 , " Financial Instruments — Accounts Receivable." Simplifying the Test for Goodwill Impairment Effective January 1, 2020, the standard simplifies the accounting for goodwill impairments and allows a goodwill impairment charge to be based on the amount of a reporting unit's carrying value in excess of its fair value. This eliminates the requirement to calculate the implied fair value of goodwill (i.e., "Step 2" under current guidance). Reference Rate Reform In March 2020, the FASB issued guidance related to reference rate reform. The guidance provides temporary optional expedients and exceptions to the current guidance on contract modifications and hedge accounting to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate ("LIBOR") and other interbank offered rates to alternative reference rates. The guidance was effective upon issuance and generally can be applied to applicable contract modifications and hedge relationships prospectively through December 31, 2022. The adoption of this guidance is not expected to have a significant impact on the Company's financial statements. The Company considered the ASUs summarized below, effective after 2020: Simplifying the Accounting for Income Taxes In December 2019, the FASB issued ASU 2019-12, "Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes." The standard simplifies the accounting for income taxes by eliminating certain exceptions to the general principles in Topic 740 and amends existing guidance to improve consistent application. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The adoption of this standard is not expected to have a significant impact on the Company's financial statements. Disclosure Requirements for Defined Benefit Plans In August 2018, the FASB issued ASU 2018-14, "Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans," which provides minor changes to the disclosure requirements for employers that sponsor defined benefit pension and/or other postretirement benefit plans. This standard is effective for fiscal years ending after December 15, 2020, and early adoption is permitted. The adoption of this standard is not expected to have a significant impact on the Company's financial statements.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jul. 04, 2020
Accounting Policies [Abstract]
Consolidation	The accompanying condensed consolidated financial statements include the accounts of Lear, a Delaware corporation, and the wholly owned and less than wholly owned subsidiaries controlled by Lear. In addition, Lear consolidates all entities, including variable interest entities, in which it has a controlling financial interest. Investments in affiliates in which Lear does not have control, but does have the ability to exercise significant influence over operating and financial policies, are accounted for under the equity method.
Fiscal Period Reporting	The Company’s annual financial results are reported on a calendar year basis, and quarterly interim results are reported using a thirteen week reporting calendar.
Restructuring	Restructuring costs include employee termination benefits, asset impairment charges and contract termination costs, as well as other incremental costs resulting from the restructuring actions. Employee termination benefits are recorded based on existing union and employee contracts, statutory requirements, completed negotiations and Company policy. Other incremental costs principally include equipment and personnel relocation costs. In addition to restructuring costs, the Company incurs incremental manufacturing inefficiency costs at the operating locations impacted by the restructuring actions during the related restructuring implementation period. Restructuring costs are recognized in the Company’s condensed consolidated financial statements in accordance with GAAP. Generally, charges are recorded as restructuring actions are approved and/or implemented.
Inventories	Inventories are stated at the lower of cost or net realizable value. Cost is determined using the first-in, first-out method. Finished goods and work-in-process inventories include material, labor and manufacturing overhead costs.
Pre-Production Costs Related to Long-Term Supply Agreements	The Company incurs pre-production engineering and development ("E&D") and tooling costs related to the products produced for its customers under long-term supply agreements. The Company expenses all pre-production E&D costs for which reimbursement is not contractually guaranteed by the customer. In addition, the Company expenses all pre-production tooling costs related to customer-owned tools for which reimbursement is not contractually guaranteed by the customer or for which the Company does not have a non-cancelable right to use the tooling.
Long-Term Assets	Property, plant and equipment is stated at cost. Costs associated with the repair and maintenance of the Company’s property, plant and equipment are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity or improve the efficiency or safety of the Company’s property, plant and equipment are capitalized and depreciated over the remaining useful life of the related asset. Depreciable property is depreciated over the estimated useful lives of the assets, using principally the straight-line method.
Impairment of Long-Lived Assets	The Company monitors its long-lived assets for impairment indicators on an ongoing basis in accordance with GAAP. If impairment indicators exist, the Company performs the required impairment analysis by comparing the undiscounted cash flows expected to be generated from the long-lived assets to the related net book values. If the net book value exceeds the undiscounted cash flows, an impairment loss is measured and recognized. In the first six months of 2020, the Company did not recognize any long-lived asset impairment charges, except as discussed below. The Company will, however, continue to assess the impact of significant industry events on the realization of its long-lived assets.
Goodwill	Goodwill is not amortized but is tested for impairment on at least an annual basis. Impairment testing is required more often than annually if an event or circumstance indicates that an impairment is more likely than not to have occurred. In conducting its annual impairment testing, the Company may first perform a qualitative assessment of whether it is more likely than not that a reporting unit’s fair value is less than its carrying amount. If not, no further goodwill impairment testing is required. If it is more likely than not that a reporting unit’s fair value is less than its carrying amount, or if the Company elects not to perform a qualitative assessment of a reporting unit, the Company then compares the fair value of the reporting unit to the related net book value. If the net book value of a reporting unit exceeds its fair value, an impairment loss is recognized in an amount equal to that excess, limited to the total amount of goodwill recorded. The Company conducts its annual impairment testing as of the first day of its fourth quarte r.
Right-of-Use Assets and Lease Obligations	The Company has operating leases for production, office and warehouse facilities, manufacturing and office equipment and vehicles.
Revenue Recognition	The Company enters into contracts with its customers to provide production parts generally at the beginning of a vehicle’s life cycle. Typically, these contracts do not provide for a specified quantity of products, but once entered into, the Company is often expected to fulfill its customers’ purchasing requirements for the production life of the vehicle. Many of these contracts may be terminated by the Company’s customers at any time. Historically, terminations of these contracts have been minimal. The Company receives purchase orders from its customers, which provide the commercial terms for a particular production part, including price (but not quantities). Contracts may also provide for annual price reductions over the production life of the vehicle, and prices may be adjusted on an ongoing basis to reflect changes in product content/cost and other commercial factors. Revenue is recognized at a point in time when control of the product is transferred to the customer under standard commercial terms, as the Company does not have an enforceable right to payment prior to such transfer. The amount of revenue recognized reflects the consideration that the Company expects to be entitled to in exchange for those products based on the annual purchase orders, annual price reductions and ongoing price adjustments. In the first half of 2020, revenue recognized related to prior years represented approximately 1% of consolidated net sales. The Company's customers pay for products received in accordance with payment terms that are customary within the industry. The Company's contracts with its customers do not have significant financing components. The Company records a contract liability for advances received from its customers. As of July 4, 2020 and December 31, 2019 , there were no significant contract liabilities recorded. Further, there were no significant contract liabilities recognized in revenue during the first six months of 2020 . Amounts billed to customers related to shipping and handling costs are included in net sales in the condensed consolidated statements of comprehensive income (loss). Shipping and handling costs are accounted for as fulfillment costs and are included in cost of sales in the condensed consolidated statements of comprehensive income (loss). Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction that are collected by the Company from a customer are excluded from revenue.
Income Taxes	The Company’s current and future provision for income taxes is impacted by the initial recognition of and changes in valuation allowances in certain countries. The Company intends to maintain these allowances until it is more likely than not that the deferred tax assets will be realized. The Company’s future provision for income taxes will include no tax benefit with respect to losses incurred and, except for certain jurisdictions, no tax expense with respect to income generated in these countries until the respective valuation allowances are eliminated. Accordingly, income taxes are impacted by changes in valuation allowances and the mix of earnings among jurisdictions. The Company evaluates the realizability of its deferred tax assets on a quarterly basis. In completing this evaluation, the Company considers all available evidence in order to determine whether, based on the weight of the evidence, a valuation allowance for its deferred tax assets is necessary. Such evidence includes historical results, future reversals of existing taxable temporary differences and expectations for future taxable income (exclusive of the reversal of temporary differences and carryforwards), as well as the implementation of feasible and prudent tax planning strategies. If, based on the weight of the evidence, it is more likely than not that all or a portion of the Company’s deferred tax assets will not be realized, a valuation allowance is recorded. If operating results improve or decline on a continual basis in a particular jurisdiction, the Company’s decision regarding the need for a valuation allowance could change, resulting in either the initial recognition or reversal of a valuation allowance in that jurisdiction, which could have a significant impact on income tax expense in the period recognized and subsequent periods. In determining the provision for income taxes for financial statement purposes, the Company makes certain estimates and judgments, which affect its evaluation of the carrying value of its deferred tax assets, as well as its calculation of certain tax liabilities.
Net Income Per Share Attributable to Lear	Basic net income (loss) per share available to Lear common stockholders is computed using the two-class method by dividing net income (loss) attributable to Lear, after deducting the redemption adjustment related to the redeemable noncontrolling interest, by the average number of common shares outstanding during the period. Common shares issuable upon the satisfaction of certain conditions pursuant to a contractual agreement are considered common shares outstanding and are included in the computation of basic net income (loss) per share available to Lear common stockholders.
Redeemable Noncontrolling Interest	Redeemable Noncontrolling Interest
Segment Reporting	The Company has two reportable operating segments: Seating, which includes complete seat systems and all major seat components, including seat covers and surface materials such as leather and fabric, seat structures and mechanisms, seat foam and headrests, and E-Systems, which includes complete electrical distribution systems, as well as sophisticated electronic control modules, electrification products and connectivity products. Key components in the Company's electrical distribution portfolio include wire harnesses, terminals and connectors and junction boxes for both internal combustion engine and electrification architectures that require management of higher voltage and power. Key components in the Company's electronic control module portfolio include body control modules, wireless receiver and transmitter technology and lighting and audio control modules, as well as products specific to electrification and connectivity trends. Electrification products include charging systems (onboard charging modules and cord set charging equipment), battery electronics (battery disconnect units, cell monitoring supervisory systems and integrated total battery control modules) and other power management modules, including converter and inverter systems. Connectivity products include gateway modules and communication modules to manage both wired and wireless networks and data in vehicles. The other category includes unallocated costs related to corporate headquarters, regional headquarters and the elimination of intercompany activities, none of which meets the requirements for being classified as an operating segment. Corporate and regional headquarters costs include various support functions, such as information technology, advanced research and development, corporate finance, legal, executive administration and human resources, as well as advanced engineering expenses. Each of the Company’s operating segments reports its results from operations and makes its requests for capital expenditures directly to the chief operating decision maker. The economic performance of each operating segment is driven primarily by automotive production volumes in the geographic regions in which it operates, as well as by the success of the vehicle platforms for which it supplies products. Also, each operating segment operates in the competitive Tier 1 automotive supplier environment and is continually working with its customers to manage costs and improve quality. The Company’s production processes generally make use of hourly labor, dedicated facilities, sequential manufacturing and assembly processes and commodity raw materials. The Company evaluates the performance of its operating segments based primarily on (i) revenues from external customers, (ii) pretax income (loss) before equity in net income of affiliates, interest expense and other (income) expense ("segment earnings") and (iii) cash flows, being defined as segment earnings less capital expenditures plus depreciation and amortization.
Marketable Equity Securities	Unrealized gains and losses arising from changes in the fair value of the marketable equity securities are recognized in the condensed consolidated statements of comprehensive income (loss) as a component of other expense, net. The fair value of the marketable equity securities is determined by reference to quoted market prices in active markets (Level 1 input based on the GAAP fair value hierarchy).
Derivative Instruments and Hedging Activities	The Company has used derivative financial instruments, including forwards, futures, options, swaps and other derivative contracts to reduce the effects of fluctuations in foreign exchange rates and interest rates and the resulting variability of the Company’s operating results. The Company is not a party to leveraged derivatives. The Company’s derivative financial instruments are subject to master netting arrangements that provide for the net settlement of contracts, by counterparty, in the event of default or termination. On the date that a derivative contract for a hedging instrument is entered into, the Company designates the derivative as either (1) a hedge of the exposure to changes in the fair value of a recognized asset or liability or of an unrecognized firm commitment (a fair value hedge), (2) a hedge of the exposure of a forecasted transaction or of the variability in the cash flows of a recognized asset or liability (a cash flow hedge), (3) a hedge of a net investment in a foreign operation (a net investment hedge) or (4) a contract not designated as a hedging instrument. For a fair value hedge, the change in the fair value of the derivative is recorded in earnings and reflected in the condensed consolidated statements of comprehensive income (loss) on the same line as the gain or loss on the hedged item attributable to the hedged risk. For a cash flow hedge, the change in the fair value of the derivative is recorded in accumulated other comprehensive loss in the condensed consolidated balance sheets. When the underlying hedged transaction is realized, the gain or loss included in accumulated other comprehensive loss is recorded in earnings and reflected in the condensed consolidated statements of comprehensive income (loss) on the same line as the gain or loss on the hedged item attributable to the hedged risk. For a net investment hedge, the change in the fair value of the derivative is recorded in cumulative translation adjustment, which is a component of accumulated other comprehensive loss in the condensed consolidated balance sheets. When the related currency translation adjustment is required to be reclassified, usually upon sale or liquidation of the investment, the gain or loss included in accumulated other comprehensive loss is recorded in earnings. Changes in the fair value of contracts not designated as hedging instruments are recorded in earnings and reflected in the condensed consolidated statements of comprehensive income (loss) as other expense, net. Cash flows attributable to derivatives used to manage foreign currency risks are classified on the same line as the hedged item attributable to the hedged risk in the condensed consolidated statements of cash flows. Upon settlement, cash flows attributable to derivatives designated as net investment hedges are classified as investing activities in the consolidated statements of cash flows. Cash flows attributable to forward starting interest rate swaps are classified as financing activities in the condensed consolidated statements of cash flows. The Company formally documents its hedge relationships, including the identification of the hedge instruments and the related hedged items, as well as its risk management objectives and strategies for undertaking the hedge transaction. Derivatives are recorded at fair value in other current and long-term assets and other current and long-term liabilities in the consolidated balance sheet. The Company also formally assesses whether a derivative used in a hedge transaction is highly effective in offsetting changes in either the fair value or the cash flows of the hedged item. When it is determined that a hedged transaction is no longer probable to occur, the Company discontinues hedge accounting.
Fair Value Measurements	GAAP provides that fair value is an exit price, defined as a market-based measurement that represents the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Fair value measurements are based on one or more of the following three valuation techniques: Market: This approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. Income : This approach uses valuation techniques to convert future amounts to a single present value amount based on current market expectations. Cost: This approach is based on the amount that would be required to replace the service capacity of an asset (replacement cost). Further, GAAP prioritizes the inputs and assumptions used in the valuation techniques described above into a three-tier fair value hierarchy as follows: Level 1: Observable inputs, such as quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date. Level 2: Inputs, other than quoted market prices included in Level 1, that are observable either directly or indirectly for the asset or liability. Level 3: Unobservable inputs that reflect the entity’s own assumptions about the exit price of the asset or liability. Unobservable inputs may be used if there is little or no market data for the asset or liability at the measurement date. The Company discloses fair value measurements and the related valuation techniques and fair value hierarchy level for its assets and liabilities that are measured or disclosed at fair value.
Accounting Pronouncements	Accounting Pronouncements The Company considers the applicability and impact of all ASUs issued by the Financial Accounting Standards Board ("FASB"). The Company considered the ASUs summarized below, effective for 2020: Measurement of Credit Losses on Financial Instruments See Note 18 , " Financial Instruments — Accounts Receivable." Simplifying the Test for Goodwill Impairment Effective January 1, 2020, the standard simplifies the accounting for goodwill impairments and allows a goodwill impairment charge to be based on the amount of a reporting unit's carrying value in excess of its fair value. This eliminates the requirement to calculate the implied fair value of goodwill (i.e., "Step 2" under current guidance). Reference Rate Reform In March 2020, the FASB issued guidance related to reference rate reform. The guidance provides temporary optional expedients and exceptions to the current guidance on contract modifications and hedge accounting to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate ("LIBOR") and other interbank offered rates to alternative reference rates. The guidance was effective upon issuance and generally can be applied to applicable contract modifications and hedge relationships prospectively through December 31, 2022. The adoption of this guidance is not expected to have a significant impact on the Company's financial statements. The Company considered the ASUs summarized below, effective after 2020: Simplifying the Accounting for Income Taxes In December 2019, the FASB issued ASU 2019-12, "Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes." The standard simplifies the accounting for income taxes by eliminating certain exceptions to the general principles in Topic 740 and amends existing guidance to improve consistent application. The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020, with early adoption permitted. The adoption of this standard is not expected to have a significant impact on the Company's financial statements. Disclosure Requirements for Defined Benefit Plans In August 2018, the FASB issued ASU 2018-14, "Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans," which provides minor changes to the disclosure requirements for employers that sponsor defined benefit pension and/or other postretirement benefit plans. This standard is effective for fiscal years ending after December 15, 2020, and early adoption is permitted. The adoption of this standard is not expected to have a significant impact on the Company's financial statements.

Restructuring (Tables)

Restructuring (Tables)	6 Months Ended
	Jul. 04, 2020
Restructuring and Related Activities [Abstract]
Summary of Restructuring Activity	A summary of 2020 activity is shown below (in millions): Accrual as of 2020 Utilization Accrual as of January 1, 2020 Charges Cash Non-cash July 4, 2020 Employee termination benefits $ 152.8 $ 53.1 $ (58.5 ) $ — $ 147.4 Asset impairment charges — 12.4 — (12.4 ) — Contract termination costs 4.9 0.6 (0.3 ) — 5.2 Other related costs — 4.1 (4.1 ) — — Total $ 157.7 $ 70.2 $ (62.9 ) $ (12.4 ) $ 152.6

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jul. 04, 2020
Inventory Disclosure [Abstract]
Summary of Inventories	A summary of inventories is shown below (in millions): July 4, December 31, Raw materials $ 956.3 $ 906.3 Work-in-process 105.7 107.0 Finished goods 353.0 380.4 Reserves (169.6 ) (135.5 ) Inventories $ 1,245.4 $ 1,258.2

Pre-Production Costs Related _2

Pre-Production Costs Related to Long-Term Supply Agreements (Tables)	6 Months Ended
	Jul. 04, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Classification of Recoverable Customer E&D and Tooling Costs Related to Long-term Supply Agreements	The classification of recoverable customer E&D and tooling costs related to long-term supply agreements is shown below (in millions): July 4, December 31, Current $ 189.6 $ 157.2 Long-term 135.2 113.8 Recoverable customer E&D and tooling $ 324.8 $ 271.0

Long-Term Assets (Tables)

Long-Term Assets (Tables)	6 Months Ended
	Jul. 04, 2020
Property, Plant and Equipment [Abstract]
Summary of Property, Plant and Equipment	A summary of property, plant and equipment is shown below (in millions): July 4, December 31, Land $ 109.6 $ 113.1 Buildings and improvements 819.3 831.3 Machinery and equipment 3,980.5 3,844.1 Construction in progress 318.2 382.4 Total property, plant and equipment 5,227.6 5,170.9 Less – accumulated depreciation (2,609.3 ) (2,466.7 ) Property, plant and equipment, net $ 2,618.3 $ 2,704.2

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jul. 04, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Goodwill	A summary of the changes in the carrying amount of goodwill, by operating segment, in the six months ended July 4, 2020 , is shown below (in millions): Seating E-Systems Total Balance at January 1, 2020 $ 1,235.4 $ 378.9 $ 1,614.3 Foreign currency translation and other (7.2 ) (1.0 ) (8.2 ) Balance at July 4, 2020 $ 1,228.2 $ 377.9 $ 1,606.1

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jul. 04, 2020
Debt Disclosure [Abstract]
Summary of Long-Term Debt	A summary of long-term debt, net of unamortized debt issuance costs and unamortized original issue premium (discount), and the related weighted average interest rates is shown below (in millions): July 4, 2020 Debt Instrument Long-Term Debt Unamortized Debt Issuance Costs Unamortized Original Issue Premium (Discount) Long-Term Debt, Net Weighted Credit Agreement — Term Loan Facility $ 228.1 $ (0.8 ) $ — $ 227.3 1.360% 3.8% Senior Notes due 2027 (the "2027 Notes") 750.0 (4.4 ) (3.8 ) 741.8 3.885% 4.25% Senior Notes due 2029 (the "2029 Notes") 375.0 (2.7 ) (1.0 ) 371.3 4.288% 3.5% Senior Notes due 2030 (the "2030 Notes") 350.0 (2.7 ) (0.8 ) 346.5 3.525% 5.25% Senior Notes due 2049 (the "2049 Notes") 625.0 (6.4 ) 14.4 633.0 5.103% $ 2,328.1 $ (17.0 ) $ 8.8 $ 2,319.9 Less — Current portion (17.2 ) Long-term debt $ 2,302.7 December 31, 2019 Debt Instrument Long-Term Debt Unamortized Debt Issuance Costs Unamortized Original Issue Discount Long-Term Debt, Net Weighted Average Interest Rate Credit Agreement — Term Loan Facility $ 234.4 $ (1.0 ) $ — $ 233.4 2.880% 5.25% Senior Notes due 2025 (the "2025 Notes") 650.0 (4.2 ) — 645.8 5.250% 2027 Notes 750.0 (4.7 ) (4.1 ) 741.2 3.885% 2029 Notes 375.0 (2.9 ) (1.1 ) 371.0 4.288% 2049 Notes issued 2019 325.0 (3.3 ) (5.3 ) 316.4 5.363% $ 2,334.4 $ (16.1 ) $ (10.5 ) 2,307.8 Less — Current portion (14.1 ) Long-term debt $ 2,293.7 Senior Notes The issuance, maturity and interest payment dates of the Company's senior unsecured 2027 Notes, 2029 Notes, 2030 Notes and 2049 Notes (together, the "Notes") are shown below: Note Issuance Date(s) Maturity Date Interest Payment Dates 2027 Notes August 2017 September 15, 2027 March 15 and September 15 2029 Notes May 2019 May 15, 2029 May 15 and November 15 2030 Notes February 2020 May 30, 2030 May 30 and November 30 2049 Notes May 2019 and February 2020 May 15, 2049 May 15 and November 15
Credit Agreement Interest Rate Ranges	The range and the rate as of July 4, 2020 , are shown below (in percentages): Eurocurrency Rate Base Rate Rate as of Rate as of Minimum Maximum July 4, 2020 Minimum Maximum July 4, 2020 Revolving Credit Facility 1.00 % 1.60 % 1.10 % 0.00 % 0.60 % 0.10 % Term Loan Facility 1.125 % 1.90 % 1.25 % 0.125 % 0.90 % 0.25 %

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jul. 04, 2020
Leases [Abstract]
Right-of-Use Assets and Lease Obligations	Operating lease assets and obligations included in the accompanying condensed consolidated balance sheet are shown below (in millions): July 4, December 31, 2019 Right-of-use assets under operating leases: Other long-term assets $ 537.2 $ 527.0 Lease obligations under operating leases: Accrued liabilities $ 113.9 $ 113.9 Other long-term liabilities 434.0 422.4 $ 547.9 $ 536.3
Maturity of Lease Obligations	Maturities of lease obligations as of July 4, 2020 , are shown below (in millions): July 4, 2020 2020 (1) $ 69.3 2021 121.9 2022 97.5 2023 76.2 2024 63.4 Thereafter 208.9 Total undiscounted cash flows 637.2 Less: Imputed interest (89.3 ) Lease obligations under operating leases $ 547.9 (1) For the remaining six months
Cash Flow Information, Lease Expense, Weighted Average Lease Term and Discount Rate	Cash flow information related to operating leases is shown below (in millions): Six Months Ended July 4, June 29, Non-cash activity: Right-of-use assets obtained in exchange for operating lease obligations $ 83.2 $ 66.1 Operating cash flows: Cash paid related to operating lease obligations $ 70.9 $ 66.5 Lease expense included in the accompanying condensed consolidated statements of comprehensive income (loss) is shown below (in millions): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Operating lease expense $ 35.3 $ 35.0 $ 71.6 $ 67.5 Short-term lease expense 3.9 4.6 8.0 9.0 Variable lease expense 1.8 1.2 3.7 1.8 Total lease expense $ 41.0 $ 40.8 $ 83.3 $ 78.3 In the six months ended July 4, 2020 , the Company recognized an impairment charge of $2.0 million related to its right-of-use assets in conjunction with its restructuring actions (Note 3 , " Restructuring "). The weighted average lease term and discount rate for operating leases are shown below: July 4, Weighted average remaining lease term (in years) 7.1 Weighted average discount rate 3.4 %

Pension and Other Postretirem_2

Pension and Other Postretirement Benefit Plans (Tables)	6 Months Ended
	Jul. 04, 2020
Retirement Benefits [Abstract]
Net Periodic Pension and Other Postretirement Benefit (Credit) Cost	The components of the Company’s net periodic pension benefit (credit) cost are shown below (in millions): Three Months Ended Six Months Ended July 4, 2020 June 29, 2019 July 4, 2020 June 29, 2019 U.S. Foreign U.S. Foreign U.S. Foreign U.S. Foreign Service cost $ — $ 1.2 $ — $ 1.6 $ — $ 2.4 $ — $ 3.2 Interest cost 4.1 3.0 4.7 3.6 8.2 6.1 9.3 7.3 Expected return on plan assets (5.3 ) (4.9 ) (5.1 ) (5.2 ) (10.6 ) (9.9 ) (10.1 ) (10.4 ) Amortization of actuarial loss 0.5 1.2 0.4 1.9 1.1 2.3 0.9 3.9 Settlement loss — — — — 0.3 — 0.1 — Net periodic benefit (credit) cost $ (0.7 ) $ 0.5 $ — $ 1.9 $ (1.0 ) $ 0.9 $ 0.2 $ 4.0 The components of the Company’s net periodic other postretirement benefit (credit) cost are shown below (in millions): Three Months Ended Six Months Ended July 4, 2020 June 29, 2019 July 4, 2020 June 29, 2019 U.S. Foreign U.S. Foreign U.S. Foreign U.S. Foreign Service cost $ — $ — $ — $ — $ — $ — $ — $ 0.1 Interest cost 0.4 0.2 0.6 0.4 0.8 0.4 1.1 0.7 Amortization of actuarial gain (0.4 ) — (0.5 ) — (0.8 ) — (1.1 ) — Amortization of prior service credit (0.1 ) — (0.1 ) (0.1 ) (0.1 ) — (0.1 ) (0.1 ) Net periodic benefit (credit) cost $ (0.1 ) $ 0.2 $ — $ 0.3 $ (0.1 ) $ 0.4 $ (0.1 ) $ 0.7

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jul. 04, 2020
Revenue from Contract with Customer [Abstract]
Summary of Revenue by Reportable Segment and Geography	A summary of the Company’s revenue by reportable operating segment and geography is shown below (in millions): Three Months Ended July 4, 2020 June 29, 2019 Seating E-Systems Total Seating E-Systems Total North America $ 614.8 $ 125.1 $ 739.9 $ 1,597.9 $ 274.5 $ 1,872.4 Europe and Africa 550.1 273.5 823.6 1,461.5 537.9 1,999.4 Asia 557.9 283.0 840.9 659.2 306.6 965.8 South America 32.1 8.0 40.1 120.8 49.2 170.0 $ 1,754.9 $ 689.6 $ 2,444.5 $ 3,839.4 $ 1,168.2 $ 5,007.6 Six Months Ended July 4, 2020 June 29, 2019 Seating E-Systems Total Seating E-Systems Total North America $ 2,188.5 $ 432.6 $ 2,621.1 $ 3,189.0 $ 559.5 $ 3,748.5 Europe and Africa 1,786.1 790.1 2,576.2 3,015.8 1,155.0 4,170.8 Asia 1,015.3 501.9 1,517.2 1,310.6 610.9 1,921.5 South America 131.6 56.1 187.7 237.7 89.2 326.9 $ 5,121.5 $ 1,780.7 $ 6,902.2 $ 7,753.1 $ 2,414.6 $ 10,167.7

Other (Income) Expense, Net (Ta

Other (Income) Expense, Net (Tables)	6 Months Ended
	Jul. 04, 2020
Other Income and Expenses [Abstract]
Summary of Other (Income) Expense, Net	A summary of other (income) expense, net is shown below (in millions): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Other expense $ 4.4 $ 16.7 $ 43.6 $ 27.3 Other income (7.6 ) (2.9 ) (6.3 ) (9.1 ) Other (income) expense, net $ (3.2 ) $ 13.8 $ 37.3 $ 18.2

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jul. 04, 2020
Income Tax Disclosure [Abstract]
Provision for Income Taxes and Corresponding Effective Tax Rate	A summary of the provision (benefit) for income taxes and the corresponding effective tax rate for the three and six months ended July 4, 2020 and June 29, 2019 , is shown below (in millions, except effective tax rates): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Provision (benefit) for income taxes $ (41.0 ) $ 73.3 $ (14.5 ) $ 116.4 Pretax income (loss) before equity in net income of affiliates $ (318.3 ) $ 266.9 $ (209.8 ) $ 553.8 Effective tax rate 12.9 % 27.5 % 6.9 % 21.0 %
Schedule of Tax Benefits (Expense)	In addition, the Company recognized tax benefits (expense) related to the significant, discrete items shown below (in millions): Six Months Ended July 4, June 29, Restructuring charges and various other items $ 31.1 $ 26.6 Valuation allowances on deferred tax assets of foreign subsidiaries (22.0 ) (10.4 ) Share-based compensation (0.2 ) 3.2 Change in tax status of certain affiliates — 18.4 $ 8.9 $ 37.8

Net Income (Loss) Per Share A_2

Net Income (Loss) Per Share Attributable to Lear (Tables)	6 Months Ended
	Jul. 04, 2020
Earnings Per Share [Abstract]
Summary of Information Used to Compute Basic and Diluted Net Income Per Share	A summary of information used to compute basic and diluted net income (loss) per share available to Lear common stockholders is shown below (in millions, except share and per share data): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Net income (loss) attributable to Lear $ (293.9 ) $ 182.8 $ (217.5 ) $ 411.7 Redeemable noncontrolling interest adjustment — (0.9 ) — 5.8 Net income (loss) available to Lear common stockholders $ (293.9 ) $ 181.9 $ (217.5 ) $ 417.5 Average common shares outstanding 60,102,925 62,191,022 60,310,559 62,501,419 Dilutive effect of common stock equivalents — 163,312 — 233,075 Average diluted shares outstanding 60,102,925 62,354,334 60,310,559 62,734,494 Basic net income (loss) per share available to Lear common stockholders $ (4.89 ) $ 2.92 $ (3.61 ) $ 6.68 Diluted net income (loss) per share available to Lear common stockholders $ (4.89 ) $ 2.92 $ (3.61 ) $ 6.66

Comprehensive Income (Loss) a_2

Comprehensive Income (Loss) and Equity (Tables)	6 Months Ended
	Jul. 04, 2020
Equity [Abstract]
Summary of Changes, Net of Tax, in Accumulated Other Comprehensive Loss	A summary of changes, net of tax, in accumulated other comprehensive loss for the three and six months ended June 29, 2019 , is shown below (in millions): June 29, 2019 Three Months Ended Six Months Ended Defined benefit plans: Balance at beginning of period $ (172.5 ) $ (172.8 ) Reclassification adjustments (net of tax expense of $— million and $0.4 million in the three and six months ended June 29, 2019, respectively) 1.6 3.2 Other comprehensive loss recognized during the period (net of tax impact of $— million in the three and six months ended June 29, 2019) (3.0 ) (4.3 ) Balance at end of period $ (173.9 ) $ (173.9 ) Derivative instruments and hedging: Balance at beginning of period $ (9.0 ) $ (9.7 ) Reclassification adjustments (net of tax benefit of $2.7 million and $4.8 million in the three and six months ended June 29, 2019, respectively) (10.0 ) (17.1 ) Other comprehensive income recognized during the period (net of tax expense of $5.0 million and $7.3 million in the three and six months ended June 29, 2019, respectively) 17.8 25.6 Balance at end of period $ (1.2 ) $ (1.2 ) Foreign currency translation: Balance at beginning of period $ (530.0 ) $ (523.3 ) Other comprehensive income recognized during the period (net of tax impact of $— million in the three and six months ended June 29, 2019) 6.9 0.2 Balance at end of period $ (523.1 ) $ (523.1 ) Total accumulated other comprehensive loss $ (698.2 ) $ (698.2 ) A summary of changes, net of tax, in accumulated other comprehensive loss for the three and six months ended July 4, 2020 , is shown below (in millions): July 4, 2020 Three Months Ended Six Months Ended Defined benefit plans: Balance at beginning of period $ (208.7 ) $ (217.6 ) Reclassification adjustments (net of tax expense of $0.4 million and $0.7 million in the three and six months ended July 4, 2020, respectively) 0.8 2.1 Other comprehensive income (loss) recognized during the period (net of tax impact of $— million in the three and six months ended July 4, 2020) (3.8 ) 3.8 Balance at end of period $ (211.7 ) $ (211.7 ) Derivative instruments and hedging: Balance at beginning of period $ (111.3 ) $ 9.8 Reclassification adjustments (net of tax expense of $3.1 million and $1.7 million in the three and six months ended July 4, 2020, respectively) 11.0 5.3 Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of ($12.0) million and $15.9 million in the three and six months ended July 4, 2020, respectively) 49.9 (65.5 ) Balance at end of period $ (50.4 ) $ (50.4 ) Foreign currency translation: Balance at beginning of period $ (729.3 ) $ (564.9 ) Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of $2.6 million and ($2.2) million in the three and six months ended July 4, 2020, respectively) 68.4 (96.0 ) Balance at end of period $ (660.9 ) $ (660.9 ) Total accumulated other comprehensive loss $ (923.0 ) $ (923.0 )
Common Stock Repurchase Program	Share repurchases prior to the suspension are shown below (in millions except for shares and per share amounts): Six Months Ended As of July 4, 2020 July 4, 2020 Aggregate Repurchases Cash paid for Repurchases Number of Shares Average Price per Share (1) Remaining Purchase Authorization $ 70.0 $ 70.0 641,149 $ 109.22 $ 1,430.0 (1) Excludes commissions
Dividends Declared and Paid	Dividends declared and paid are shown below (in millions): Six Months Ended July 4, 2020 June 29, Dividends declared $ 46.8 $ 94.6 Dividends paid 47.9 95.6

Legal and Other Contingencies (

Legal and Other Contingencies (Tables)	6 Months Ended
	Jul. 04, 2020
Commitments and Contingencies Disclosure [Abstract]
Summary of Changes in Reserves for Product Liability and Warranty Claims	A summary of the changes in reserves for product liability and warranty claims for the six months ended July 4, 2020 , is shown below (in millions): Balance at January 1, 2020 $ 32.0 Expense, net (including changes in estimates) 6.8 Settlements (4.2 ) Foreign currency translation and other (0.5 ) Balance at July 4, 2020 $ 34.1

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jul. 04, 2020
Segment Reporting [Abstract]
Summary of Revenues from External Customers and Other Financial Information by Reportable Operating Segment	A summary of revenues from external customers and other financial information by reportable operating segment is shown below (in millions): Three Months Ended July 4, 2020 Seating E-Systems Other Consolidated Revenues from external customers $ 1,754.9 $ 689.6 $ — $ 2,444.5 Segment earnings (1) (116.4 ) (113.4 ) (64.5 ) (294.3 ) Depreciation and amortization 83.8 42.6 3.9 130.3 Capital expenditures 47.0 37.1 2.0 86.1 Total assets 6,687.7 2,901.2 2,680.1 12,269.0 Three Months Ended June 29, 2019 Seating E-Systems Other Consolidated Revenues from external customers $ 3,839.4 $ 1,168.2 $ — $ 5,007.6 Segment earnings (1) 283.2 84.7 (62.7 ) 305.2 Depreciation and amortization 83.4 40.9 4.0 128.3 Capital expenditures 80.0 52.5 4.0 136.5 Total assets 7,714.0 3,093.2 2,040.5 12,847.7 Six Months Ended July 4, 2020 Seating E-Systems Other Consolidated Revenues from external customers $ 5,121.5 $ 1,780.7 $ — $ 6,902.2 Segment earnings (1) 69.7 (81.0 ) (109.6 ) (120.9 ) Depreciation and amortization 167.3 85.7 7.8 260.8 Capital expenditures 113.2 78.8 3.2 195.2 Six Months Ended June 29, 2019 Seating E-Systems Other Consolidated Revenues from external customers $ 7,753.1 $ 2,414.6 $ — $ 10,167.7 Segment earnings (1) 535.5 213.0 (131.1 ) 617.4 Depreciation and amortization 166.3 77.7 7.9 251.9 Capital expenditures 160.2 91.6 7.5 259.3 (1) See definition above
Reconciliation of Segment Earnings to Consolidated Income Before Provision for Income Taxes and Equity	A reconciliation of segment earnings to consolidated income (loss) before provision for income taxes and equity in net income of affiliates is shown below (in millions): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Segment earnings $ (294.3 ) $ 305.2 $ (120.9 ) $ 617.4 Interest expense 27.2 24.5 51.6 45.4 Other (income) expense, net (3.2 ) 13.8 37.3 18.2 Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates $ (318.3 ) $ 266.9 $ (209.8 ) $ 553.8

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jul. 04, 2020
Fair Value Disclosures [Abstract]
Estimated Aggregate Fair Value and Carrying Value of Debt Instruments	The estimated fair value, as well as the carrying value, of the Company's debt instruments are shown below (in millions): July 4, December 31, Estimated aggregate fair value (1) $ 2,373.5 $ 2,384.6 Aggregate carrying value (1)(2) 2,328.1 2,334.4 (1) Includes Term Loan Facility and Notes (2) Excludes the impact of unamortized debt issuance costs and unamortized original issue premium (discount)
Reconciliation of Cash, Cash Equivalents	A reconciliation of cash, cash equivalents and restricted cash reported on the accompanying condensed consolidated balance sheets to cash, cash equivalents and restricted cash reported on the accompanying condensed consolidated statements of cash flows is shown below (in millions): July 4, June 29, Balance sheet - cash and cash equivalents $ 1,775.5 $ 1,269.0 Restricted cash included in other current assets 36.0 15.5 Restricted cash included in other long-term assets 1.6 6.4 Statement of cash flows - cash, cash equivalents and restricted cash $ 1,813.1 $ 1,290.9
Reconciliation of Restricted Cash	A reconciliation of cash, cash equivalents and restricted cash reported on the accompanying condensed consolidated balance sheets to cash, cash equivalents and restricted cash reported on the accompanying condensed consolidated statements of cash flows is shown below (in millions): July 4, June 29, Balance sheet - cash and cash equivalents $ 1,775.5 $ 1,269.0 Restricted cash included in other current assets 36.0 15.5 Restricted cash included in other long-term assets 1.6 6.4 Statement of cash flows - cash, cash equivalents and restricted cash $ 1,813.1 $ 1,290.9
Marketable Equity Securities	Marketable equity securities, which the Company accounts for under the fair value option, are included in the accompanying condensed consolidated balance sheets as shown below (in millions): July 4, December 31, Current assets $ 7.6 $ 17.1 Other long-term assets 39.7 42.1 $ 47.3 $ 59.2
Notional Amount, Estimated Aggregate Fair Value and Related Balance Sheet Classification of Foreign Currency Derivative Contracts	The notional amount, estimated aggregate fair value and related balance sheet classification of the Company's foreign currency derivative contracts and net investment hedges are shown below (in millions, except for maturities): July 4, December 31, Fair value of foreign currency contracts designated as cash flow hedges: Other current assets $ 10.8 $ 44.0 Other long-term assets 3.3 7.3 Other current liabilities (33.8 ) (4.5 ) Other long-term liabilities (9.3 ) (0.2 ) (29.0 ) 46.6 Notional amount $ 1,162.6 $ 1,465.8 Outstanding maturities in months, not to exceed 24 24 Fair value of derivatives designated as net investment hedges: Other long-term assets $ 6.0 $ — Other long-term liabilities — (4.4 ) 6.0 (4.4 ) Notional amount $ 300.0 $ 300.0 Outstanding maturities in months, not to exceed 51 57 Fair value of foreign currency contracts not designated as hedging instruments: Other current assets $ 4.1 $ 6.9 Other current liabilities (4.2 ) (3.2 ) (0.1 ) 3.7 Notional amount $ 1,366.9 $ 697.0 Outstanding maturities in months, not to exceed 12 12 Total fair value $ (23.1 ) $ 45.9 Total notional amount $ 2,829.5 $ 2,462.8
Pretax Amounts Recognized in and Reclassified from Accumulated Other Comprehensive Loss and Net Gains (Losses) Expected to be Reclassified into Earnings	During the next twelve month period, net losses expected to be reclassified into earnings are shown below (in millions): Net losses related to foreign currency contracts $ 23.0 Net losses related to interest rate swap contracts 2.4 Total $ 25.4 Pretax amounts related to foreign currency, net investment hedge and interest rate swap contracts that were recognized in and reclassified from accumulated other comprehensive loss are shown below (in millions): Three Months Ended Six Months Ended July 4, June 29, July 4, June 29, Gains (losses) recognized in accumulated other comprehensive loss: Foreign currency contracts $ 61.9 $ 17.6 $ (81.4 ) $ 42.4 Net investment hedge contracts (12.6 ) — 10.4 — Interest rate swap contracts — 5.2 — (9.5 ) 49.3 22.8 (71.0 ) 32.9 (Gains) losses reclassified from accumulated other comprehensive loss to: Net sales (0.4 ) 0.5 (0.5 ) 1.0 Cost of sales 14.1 (13.2 ) 6.5 (22.9 ) Interest expense 0.6 0.3 1.2 0.3 Other (income) expense (0.2 ) — (0.2 ) — 14.1 (12.4 ) 7.0 (21.6 ) Comprehensive income (loss) $ 63.4 $ 10.4 $ (64.0 ) $ 11.3
Fair Value Measurements and Related Valuation Techniques and Fair Value Hierarchy Level	Fair value measurements and the related valuation techniques and fair value hierarchy level for the Company’s assets and liabilities measured at fair value on a recurring basis as of July 4, 2020 and December 31, 2019 , are shown below (in millions): July 4, 2020 Frequency Asset (Liability) Valuation Technique Level 1 Level 2 Level 3 Foreign currency contracts, net Recurring $ (29.1 ) Market/ Income $ — $ (29.1 ) $ — Net investment hedges Recurring $ 6.0 Market/ Income $ — $ 6.0 $ — Marketable equity securities Recurring $ 47.3 Market $ 47.3 $ — $ — December 31, 2019 Frequency Asset (Liability) Valuation Technique Level 1 Level 2 Level 3 Foreign currency contracts, net Recurring $ 50.3 Market/ Income — 50.3 — Net investment hedges Recurring $ (4.4 ) Market/ Income — (4.4 ) — Marketable equity securities Recurring $ 59.2 Market 59.2 — —

Impact of COVID-19 Pandemic - N

Impact of COVID-19 Pandemic - Narrative (Details) $ in Millions	6 Months Ended
	Jul. 04, 2020USD ($)
Government Assistance, CARES Act
Unusual or Infrequent Item, or Both [Line Items]
Proceeds from government assistance	$ 80

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 70.2
Carrying values in excess of estimated fair values	10.4
Impairment of right of use assets	2
Expected restructuring costs	48
Employee termination costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	53.1
Fixed asset impairment charges
Restructuring Cost and Reserve [Line Items]
Restructuring charges	12.4	$ 3.6
Contract termination costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	0.6
Other related costs
Restructuring Cost and Reserve [Line Items]
Restructuring charges	4.1
Cost of sales
Restructuring Cost and Reserve [Line Items]
Restructuring charges	49.5
Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	18
Other expense, net
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 2.7

Restructuring - Summary of Rest

Restructuring - Summary of Restructuring Activities (Details) - USD ($) $ in Millions	6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019
Restructuring Reserve [Roll Forward]
Accrual as of beginning of period	$ 157.7
2020 charges	70.2
Utilization cash	(62.9)
Utilization, non-cash	(12.4)
Accrual as of end of period	152.6
Employee termination benefits
Restructuring Reserve [Roll Forward]
Accrual as of beginning of period	152.8
2020 charges	53.1
Utilization cash	(58.5)
Utilization, non-cash	0
Accrual as of end of period	147.4
Asset impairment charges
Restructuring Reserve [Roll Forward]
Accrual as of beginning of period	0
2020 charges	12.4	$ 3.6
Utilization cash	0
Utilization, non-cash	(12.4)
Accrual as of end of period	0
Contract termination costs
Restructuring Reserve [Roll Forward]
Accrual as of beginning of period	4.9
2020 charges	0.6
Utilization cash	(0.3)
Utilization, non-cash	0
Accrual as of end of period	5.2
Other related costs
Restructuring Reserve [Roll Forward]
Accrual as of beginning of period	0
2020 charges	4.1
Utilization cash	(4.1)
Utilization, non-cash	0
Accrual as of end of period	$ 0

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Jul. 04, 2020		Dec. 31, 2019
Inventory Disclosure [Abstract]
Raw materials	$ 956.3		$ 906.3
Work-in-process	105.7		107
Finished goods	353		380.4
Reserves	(169.6)		(135.5)
Inventories	$ 1,245.4	[1]	$ 1,258.2
[1]	Unaudited.

Pre-Production Costs Related _3

Pre-Production Costs Related to Long-Term Supply Agreements - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Pre-production E&D costs for which reimbursement is contractually guaranteed by the customer	$ 91.8	$ 125.8
Pre-production tooling costs related to customer-owned tools for which reimbursement is contractually guaranteed by the customer	90	91.3
Cash collected related to E&D and tooling costs	$ 127.8	$ 163.7

Pre-Production Costs Related _4

Pre-Production Costs Related to Long-Term Supply Agreements - Classification of Recoverable Customer E&D and Tooling Costs Related to Long-term Supply Agreements (Details) - USD ($) $ in Millions	Jul. 04, 2020	Dec. 31, 2019
Pre Production Costs Related to Long Term Supply Arrangements [Line Items]
Recoverable customer E&D and tooling	$ 324.8	$ 271
Current
Pre Production Costs Related to Long Term Supply Arrangements [Line Items]
Recoverable customer E&D and tooling	189.6	157.2
Long-term
Pre Production Costs Related to Long Term Supply Arrangements [Line Items]
Recoverable customer E&D and tooling	$ 135.2	$ 113.8

Long-Term Assets - Property, Pl

Long-Term Assets - Property, Plant and Equipment (Details) - USD ($) $ in Millions	Jul. 04, 2020		Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Land	$ 109.6		$ 113.1
Buildings and improvements	819.3		831.3
Machinery and equipment	3,980.5		3,844.1
Construction in progress	318.2		382.4
Total property, plant and equipment	5,227.6		5,170.9
Less – accumulated depreciation	(2,609.3)		(2,466.7)
Property, plant and equipment, net	$ 2,618.3	[1]	$ 2,704.2
[1]	Unaudited.

Long-Term Assets - Narrative (D

Long-Term Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Restructuring Cost and Reserve [Line Items]
Depreciation expense	$ 114.3	$ 112.4	$ 227.7	$ 223.3
Restructuring charges			70.2
Asset impairment charges			0.6
Asset impairment charges
Restructuring Cost and Reserve [Line Items]
Restructuring charges			$ 12.4	$ 3.6

Goodwill - Summary of Changes i

Goodwill - Summary of Changes in Carrying Amount of Goodwill (Details) $ in Millions	6 Months Ended
	Jul. 04, 2020USD ($)
Goodwill [Roll Forward]
Balance at January 1, 2020	$ 1,614.3
Foreign currency translation and other	(8.2)
Balance at July 4, 2020	1,606.1	[1]
Seating
Goodwill [Roll Forward]
Balance at January 1, 2020	1,235.4
Foreign currency translation and other	(7.2)
Balance at July 4, 2020	1,228.2
E-Systems
Goodwill [Roll Forward]
Balance at January 1, 2020	378.9
Foreign currency translation and other	(1)
Balance at July 4, 2020	$ 377.9
[1]	Unaudited.

Goodwill - Narrative (Details)

Goodwill - Narrative (Details) - USD ($)	6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019
Goodwill [Line Items]
Goodwill, impairment	$ 0	$ 0
E-Systems | Disrupted Reporting Unit
Goodwill [Line Items]
Percentage of fair value in excess of carrying value (less than)	7.00%

Debt - Summary of Long-Term Deb

Debt - Summary of Long-Term Debt (Details) - USD ($) $ in Millions	Jul. 04, 2020	Feb. 29, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Long-Term Debt	$ 2,328.1		$ 2,334.4
Unamortized Debt Issuance Costs	(17)		(16.1)
Unamortized Original Issue Premium (Discount)	8.8		(10.5)
Long-Term Debt, Net	2,319.9		2,307.8
Less — Current portion	(17.2)		(14.1)
Long-term debt	2,302.7		2,293.7
Credit agreement | Term Loan Facility | Credit Agreement — Term Loan Facility
Debt Instrument [Line Items]
Long-Term Debt	228.1		234.4
Unamortized Debt Issuance Costs	(0.8)		(1)
Unamortized Original Issue Premium (Discount)	0		0
Long-Term Debt, Net	$ 227.3		$ 233.4
Weighted Average Interest Rate	1.36%		2.88%
Senior notes | 5.25% Senior Notes due 2025 (the 2025 Notes)
Debt Instrument [Line Items]
Long-Term Debt		$ 650	$ 650
Unamortized Debt Issuance Costs			(4.2)
Unamortized Original Issue Premium (Discount)			0
Long-Term Debt, Net			$ 645.8
Stated interest rate			5.25%
Senior notes | 3.8% Senior Notes due 2027 (the 2027 Notes)
Debt Instrument [Line Items]
Long-Term Debt	$ 750		$ 750
Unamortized Debt Issuance Costs	(4.4)		(4.7)
Unamortized Original Issue Premium (Discount)	(3.8)		(4.1)
Long-Term Debt, Net	$ 741.8		$ 741.2
Weighted Average Interest Rate	3.885%		3.885%
Stated interest rate	3.80%
Senior notes | 4.25% Senior Notes due 2029 (the 2029 Notes)
Debt Instrument [Line Items]
Long-Term Debt	$ 375		$ 375
Unamortized Debt Issuance Costs	(2.7)		(2.9)
Unamortized Original Issue Premium (Discount)	(1)		(1.1)
Long-Term Debt, Net	$ 371.3		$ 371
Weighted Average Interest Rate	4.288%		4.288%
Stated interest rate	4.25%
Senior notes | 2049 Notes issued 2019
Debt Instrument [Line Items]
Long-Term Debt			$ 325
Unamortized Debt Issuance Costs			(3.3)
Unamortized Original Issue Premium (Discount)			(5.3)
Long-Term Debt, Net			$ 316.4
Weighted Average Interest Rate			5.363%
Senior notes | 3.5% Senior Notes due 2030 (the 2030 Notes)
Debt Instrument [Line Items]
Long-Term Debt	$ 350
Unamortized Debt Issuance Costs	(2.7)
Unamortized Original Issue Premium (Discount)	(0.8)
Long-Term Debt, Net	$ 346.5
Weighted Average Interest Rate	3.525%
Stated interest rate	3.50%	3.50%
Senior notes | 5.25% Senior Notes due 2049 (the 2049 Notes)
Debt Instrument [Line Items]
Long-Term Debt	$ 625
Unamortized Debt Issuance Costs	(6.4)
Unamortized Original Issue Premium (Discount)	14.4
Long-Term Debt, Net	$ 633
Weighted Average Interest Rate	5.103%
Stated interest rate	5.25%	5.25%

Debt - Senior Notes (Details)

Debt - Senior Notes (Details) - USD ($)	1 Months Ended	3 Months Ended	6 Months Ended
	Feb. 29, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019	Dec. 31, 2019
Debt Instrument [Line Items]
Long-term debt, gross			$ 2,328,100,000		$ 2,334,400,000
Loss on extinguishment of debt		$ 10,600,000	21,100,000	$ 10,600,000
Payments of related issuance costs			6,900,000	$ 6,300,000
Senior notes
Debt Instrument [Line Items]
Proceeds from offering	$ 669,100,000
Payments of related issuance costs			$ 5,900,000
Senior notes | 2030 Notes
Debt Instrument [Line Items]
Aggregate principal amount	$ 350,000,000
Stated coupon rate	3.50%		3.50%
Redemption price	99.774%
Yield to maturity	3.525%
Long-term debt, gross			$ 350,000,000
Senior notes | 2049 Notes
Debt Instrument [Line Items]
Aggregate principal amount	$ 300,000,000
Stated coupon rate	5.25%		5.25%
Redemption price	106.626%
Yield to maturity	4.821%
Long-term debt, gross			$ 625,000,000
Senior notes | 2025 Notes
Debt Instrument [Line Items]
Stated coupon rate					5.25%
Redemption price	102.625%
Long-term debt, gross	$ 650,000,000				$ 650,000,000

Debt - Credit Agreement (Detail

Debt - Credit Agreement (Details) - USD ($)	6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Dec. 31, 2019	Aug. 08, 2017
Debt Instrument [Line Items]
Payments of related issuance costs	$ 6,900,000	$ 6,300,000
Repayments of amounts outstanding	$ 6,300,000	$ 3,100,000
Credit Agreement — Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Facility fee	0.125%
Credit Agreement — Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Facility fee	0.30%
Credit agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Payments of related issuance costs	$ 1,000,000
Credit agreement | Credit Agreement — Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity				$ 1,750,000,000
Borrowings outstanding under Revolving Credit Facility	1,000,000,000		$ 0
Credit agreement | Credit Agreement — Term Loan Facility | Term Loan Facility
Debt Instrument [Line Items]
Debt instrument, face amount				$ 250,000,000
Borrowings outstanding under Revolving Credit Facility	228,100,000		$ 234,400,000
Repayments of amounts outstanding	$ 6,300,000

Debt - Credit Agreement Interes

Debt - Credit Agreement Interest Rate Ranges (Details)	6 Months Ended
	Jul. 04, 2020
Revolving Credit Facility | Credit Agreement — Revolving Credit Facility | Eurocurrency Rate
Debt Instrument [Line Items]
Interest rate as of period end	1.10%
Revolving Credit Facility | Credit Agreement — Revolving Credit Facility | Eurocurrency Rate | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	1.00%
Revolving Credit Facility | Credit Agreement — Revolving Credit Facility | Eurocurrency Rate | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	1.60%
Revolving Credit Facility | Credit Agreement — Revolving Credit Facility | Base Rate
Debt Instrument [Line Items]
Interest rate as of period end	0.10%
Revolving Credit Facility | Credit Agreement — Revolving Credit Facility | Base Rate | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	0.00%
Revolving Credit Facility | Credit Agreement — Revolving Credit Facility | Base Rate | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	0.60%
Term Loan Facility | Credit Agreement — Term Loan Facility | Eurocurrency Rate
Debt Instrument [Line Items]
Interest rate as of period end	1.25%
Term Loan Facility | Credit Agreement — Term Loan Facility | Eurocurrency Rate | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	1.125%
Term Loan Facility | Credit Agreement — Term Loan Facility | Eurocurrency Rate | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	1.90%
Term Loan Facility | Credit Agreement — Term Loan Facility | Base Rate
Debt Instrument [Line Items]
Interest rate as of period end	0.25%
Term Loan Facility | Credit Agreement — Term Loan Facility | Base Rate | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	0.125%
Term Loan Facility | Credit Agreement — Term Loan Facility | Base Rate | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	0.90%

Leases - Right-of-Use Assets an

Leases - Right-of-Use Assets and Lease Obligations (Details) - USD ($) $ in Millions	Jul. 04, 2020	Dec. 31, 2019
Leases [Abstract]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssetsNoncurrent
Right-of-use assets under operating leases:
Other long-term assets	$ 537.2	$ 527
Lease obligations under operating leases:
Accrued liabilities	113.9	113.9
Other long-term liabilities	434	422.4
Lease obligations under operating leases	$ 547.9	$ 536.3
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:AccruedLiabilitiesCurrent
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesNoncurrent

Leases - Maturity of Lease Obli

Leases - Maturity of Lease Obligations (Details) - USD ($) $ in Millions	Jul. 04, 2020	Dec. 31, 2019
Leases [Abstract]
2020	$ 69.3
2021	121.9
2021	97.5
2023	76.2
2024	63.4
Thereafter	208.9
Total undiscounted cash flows	637.2
Less: Imputed interest	(89.3)
Lease obligations under operating leases	$ 547.9	$ 536.3

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	6 Months Ended
	Jul. 04, 2020USD ($)lease_contract
Leases [Abstract]
Number of lease contracts | lease_contract	1
Lease not yet commenced, term of contract	10 years
Lease not yet commenced	$ 50
Impairment of right of use assets	$ 2

Leases - Cash Flow Information

Leases - Cash Flow Information Related to Operating Leases (Details) - USD ($) $ in Millions	6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019
Non-cash activity:
Right-of-use assets obtained in exchange for operating lease obligations	$ 83.2	$ 66.1
Operating cash flows:
Cash paid related to operating lease obligations	$ 70.9	$ 66.5

Leases - Lease Expense (Details

Leases - Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Leases [Abstract]
Operating lease expense	$ 35.3	$ 35	$ 71.6	$ 67.5
Short-term lease expense	3.9	4.6	8	9
Variable lease expense	1.8	1.2	3.7	1.8
Total lease expense	$ 41	$ 40.8	$ 83.3	$ 78.3

Leases - Weighted Average Lease

Leases - Weighted Average Lease Term and Discount Rate (Details)	Jul. 04, 2020
Leases [Abstract]
Weighted average remaining lease term (in years)	7 years 1 month 6 days
Weighted average discount rate	3.40%

Pension and Other Postretirem_3

Pension and Other Postretirement Benefit Plans - Components of Net Periodic Benefit (Credit) Costs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Pension | U.S.
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	4.1	4.7	8.2	9.3
Expected return on plan assets	(5.3)	(5.1)	(10.6)	(10.1)
Amortization of actuarial loss (gain)	0.5	0.4	1.1	0.9
Settlement loss	0	0	0.3	0.1
Net periodic benefit (credit) cost	(0.7)	0	(1)	0.2
Pension | Foreign
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	1.2	1.6	2.4	3.2
Interest cost	3	3.6	6.1	7.3
Expected return on plan assets	(4.9)	(5.2)	(9.9)	(10.4)
Amortization of actuarial loss (gain)	1.2	1.9	2.3	3.9
Settlement loss	0	0	0	0
Net periodic benefit (credit) cost	0.5	1.9	0.9	4
Other postretirement | U.S.
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	0	0	0	0
Interest cost	0.4	0.6	0.8	1.1
Amortization of actuarial loss (gain)	(0.4)	(0.5)	(0.8)	(1.1)
Amortization of prior service credit	(0.1)	(0.1)	(0.1)	(0.1)
Net periodic benefit (credit) cost	(0.1)	0	(0.1)	(0.1)
Other postretirement | Foreign
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	0	0	0	0.1
Interest cost	0.2	0.4	0.4	0.7
Amortization of actuarial loss (gain)	0	0	0	0
Amortization of prior service credit	0	(0.1)	0	(0.1)
Net periodic benefit (credit) cost	$ 0.2	$ 0.3	$ 0.4	$ 0.7

Pension and Other Postretirem_4

Pension and Other Postretirement Benefit Plans - Narrative (Details) - Pension $ in Millions	6 Months Ended
	Jul. 04, 2020USD ($)
Defined Benefit Plan Disclosure [Line Items]
Employer's contribution towards defined benefit plan	$ 5.1
Minimum
Defined Benefit Plan Disclosure [Line Items]
Estimated employer's contribution towards defined benefit plan in current year	10
Maximum
Defined Benefit Plan Disclosure [Line Items]
Estimated employer's contribution towards defined benefit plan in current year	$ 20

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($)	6 Months Ended
	Jul. 04, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Percentage of net sales to prior years revenue	1.00%
Significant contract liabilities recorded	$ 0	$ 0
Significant contract liabilities recognized in revenue	$ 0

Revenue Recognition - Summary o

Revenue Recognition - Summary of Revenue by Reportable Operating Segment and Geography (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Disaggregation of Revenue [Line Items]
Revenues from external customers	$ 2,444.5	$ 5,007.6	$ 6,902.2	$ 10,167.7
North America
Disaggregation of Revenue [Line Items]
Revenues from external customers	739.9	1,872.4	2,621.1	3,748.5
Europe and Africa
Disaggregation of Revenue [Line Items]
Revenues from external customers	823.6	1,999.4	2,576.2	4,170.8
Asia
Disaggregation of Revenue [Line Items]
Revenues from external customers	840.9	965.8	1,517.2	1,921.5
South America
Disaggregation of Revenue [Line Items]
Revenues from external customers	40.1	170	187.7	326.9
Seating
Disaggregation of Revenue [Line Items]
Revenues from external customers	1,754.9	3,839.4	5,121.5	7,753.1
Seating | North America
Disaggregation of Revenue [Line Items]
Revenues from external customers	614.8	1,597.9	2,188.5	3,189
Seating | Europe and Africa
Disaggregation of Revenue [Line Items]
Revenues from external customers	550.1	1,461.5	1,786.1	3,015.8
Seating | Asia
Disaggregation of Revenue [Line Items]
Revenues from external customers	557.9	659.2	1,015.3	1,310.6
Seating | South America
Disaggregation of Revenue [Line Items]
Revenues from external customers	32.1	120.8	131.6	237.7
E-Systems
Disaggregation of Revenue [Line Items]
Revenues from external customers	689.6	1,168.2	1,780.7	2,414.6
E-Systems | North America
Disaggregation of Revenue [Line Items]
Revenues from external customers	125.1	274.5	432.6	559.5
E-Systems | Europe and Africa
Disaggregation of Revenue [Line Items]
Revenues from external customers	273.5	537.9	790.1	1,155
E-Systems | Asia
Disaggregation of Revenue [Line Items]
Revenues from external customers	283	306.6	501.9	610.9
E-Systems | South America
Disaggregation of Revenue [Line Items]
Revenues from external customers	$ 8	$ 49.2	$ 56.1	$ 89.2

Other (Income) Expense, Net - S

Other (Income) Expense, Net - Summary of Other (Income) Expense, Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Other Income and Expenses [Abstract]
Other expense	$ 4.4	$ 16.7	$ 43.6	$ 27.3
Other income	(7.6)	(2.9)	(6.3)	(9.1)
Other (income) expense, net	$ (3.2)	$ 13.8	$ 37.3	$ 18.2

Other (Income) Expense, Net - N

Other (Income) Expense, Net - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Other Income and Expenses [Abstract]
Net foreign currency transaction gain (loss)	$ 1	$ (1.4)	$ (16.7)	$ (7.2)
Loss on extinguishment of debt		$ 10.6	$ 21.1	$ 10.6

Income Taxes - Provision for In

Income Taxes - Provision for Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Income Tax Disclosure [Abstract]
Provision (benefit) for income taxes	$ (41)	$ 73.3	$ (14.5)	$ 116.4
Pretax income (loss) before equity in net income of affiliates	$ (318.3)	$ 266.9	$ (209.8)	$ 553.8
Effective tax rate	12.90%	27.50%	6.90%	21.00%

Income Taxes - Tax Benefits (Ex

Income Taxes - Tax Benefits (Expense) (Details) - USD ($) $ in Millions	6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019
Income Tax Disclosure [Abstract]
Restructuring charges and various other items	$ 31.1	$ 26.6
Valuation allowances on deferred tax assets of foreign subsidiaries	(22)	(10.4)
Share-based compensation	(0.2)	3.2
Change in tax status of certain affiliates	0	18.4
Income tax benefits (expense) related to significant discrete items	$ 8.9	$ 37.8

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Operating Loss Carryforwards [Line Items]
U.S. federal statutory income tax rate			21.00%	21.00%
Income tax benefit	$ 41	$ (73.3)	$ 14.5	$ (116.4)
Government Assistance, CARES Act
Operating Loss Carryforwards [Line Items]
Income tax benefit	$ 28		$ 28

Net Income (Loss) Per Share A_3

Net Income (Loss) Per Share Attributable to Lear (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Earnings Per Share [Abstract]
Net income (loss) attributable to Lear	$ (293.9)	$ 182.8	$ (217.5)	$ 411.7
Redeemable noncontrolling interest adjustment	0	(0.9)	0	5.8
Net income (loss) available to Lear common stockholders	$ (293.9)	$ 181.9	$ (217.5)	$ 417.5
Average common shares outstanding (in shares)	60,102,925	62,191,022	60,310,559	62,501,419
Dilutive effect of common stock equivalents (in shares)	0	163,312	0	233,075
Average diluted shares outstanding (in shares)	60,102,925	62,354,334	60,310,559	62,734,494
Basic net income (loss) per share available to Lear common stockholders (in dollars per share)	$ (4.89)	$ 2.92	$ (3.61)	$ 6.68
Diluted net income (loss) per share available to Lear common stockholders (in dollars per share)	$ (4.89)	$ 2.92	$ (3.61)	$ 6.66

Comprehensive Income (Loss) a_3

Comprehensive Income (Loss) and Equity - Summary of Changes, Net of Tax, in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jul. 04, 2020		Jun. 29, 2019	Jul. 04, 2020		Jun. 29, 2019
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	$ 4,183.3		$ 4,393.7	$ 4,501.1		$ 4,360.6
Balance at end of period	3,983.2	[1]	4,399.5	3,983.2	[1]	4,399.5
Defined benefit plans
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(208.7)		(172.5)	(217.6)		(172.8)
Reclassification adjustments	0.8		1.6	2.1		3.2
Other comprehensive income (loss) recognized during the period	(3.8)		(3)	3.8		(4.3)
Balance at end of period	(211.7)		(173.9)	(211.7)		(173.9)
Reclassification adjustments, tax expense (benefit)	0.4		0	0.7		0.4
Other comprehensive income (loss) recognized during the period, tax (expense) benefit	0		0	0		0
Derivative instruments and hedging
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(111.3)		(9)	9.8		(9.7)
Reclassification adjustments	11		(10)	5.3		(17.1)
Other comprehensive income (loss) recognized during the period	49.9		17.8	(65.5)		25.6
Balance at end of period	(50.4)		(1.2)	(50.4)		(1.2)
Reclassification adjustments, tax expense (benefit)	3.1		(2.7)	1.7		(4.8)
Other comprehensive income (loss) recognized during the period, tax (expense) benefit	(12)		(5)	15.9		(7.3)
Foreign currency translation
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at beginning of period	(729.3)		(530)	(564.9)		(523.3)
Other comprehensive income (loss) recognized during the period	68.4		6.9	(96)		0.2
Balance at end of period	(660.9)		(523.1)	(660.9)		(523.1)
Other comprehensive income (loss) recognized during the period, tax (expense) benefit	2.6		0	(2.2)		0
Total accumulated other comprehensive loss
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance at end of period	$ (923)		$ (698.2)	$ (923)		$ (698.2)
[1]	Unaudited.

Comprehensive Income (Loss) a_4

Comprehensive Income (Loss) and Equity - Narrative (Details) $ / shares in Units, ¥ in Millions	2 Months Ended	3 Months Ended			6 Months Ended				114 Months Ended
	Feb. 28, 2020$ / shares	Jul. 04, 2020USD ($)$ / shares	Apr. 04, 2020$ / shares	Jun. 29, 2019USD ($)$ / shares	Dec. 31, 2020USD ($)	Dec. 31, 2020CNY (¥)	Jul. 04, 2020USD ($)$ / shares	Jun. 29, 2019USD ($)$ / shares	Jul. 04, 2020USD ($)$ / shares	Apr. 02, 2011USD ($)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation adjustments related to intercompany transactions (gains) losses		$ (500,000)		$ (100,000)			$ 1,100,000
Aggregate purchases authorized under common stock share repurchase program										$ 6,100,000,000
Aggregate repurchases				$ 161,600,000			$ 70,000,000	$ 279,500,000	$ 4,700,000,000
Average price (in dollars per share) | $ / shares				$ 136.63			$ 109.22	$ 140.65	$ 90.07
Cash dividends declared per share (in dollars per share) | $ / shares	$ 0.77	$ 0	$ 0.75	$ 0.75				$ 1.50
Shanghai Lear STEC Automotive Parts Co., Ltd
Accumulated Other Comprehensive Income (Loss) [Line Items]
Ownership percentage by noncontrolling owners		45.00%					45.00%		45.00%
Forecast
Accumulated Other Comprehensive Income (Loss) [Line Items]
Percentage of undistributed retained earnings to be paid at closing					50.00%	50.00%
Forecast | Shanghai Lear STEC Automotive Parts Co., Ltd
Accumulated Other Comprehensive Income (Loss) [Line Items]
Payments for repurchase of redeemable noncontrolling interest					$ 88,600,000	¥ 626
Forecast | Shanghai Lear STEC Automotive Parts Co., Ltd | Retained Earnings
Accumulated Other Comprehensive Income (Loss) [Line Items]
Payments for repurchase of redeemable noncontrolling interest					$ 24,800,000	¥ 175.5

Comprehensive Income (Loss) a_5

Comprehensive Income (Loss) and Equity - Common Stock Repurchase Program (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	6 Months Ended		114 Months Ended
	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020
Equity [Abstract]
Aggregate Repurchases	$ 161.6	$ 70	$ 279.5	$ 4,700
Cash paid for Repurchases		$ 70	$ 276.5
Number of Shares (in shares)	1,182,976	641,149	1,987,246
Average Price per Share (in dollars per share)	$ 136.63	$ 109.22	$ 140.65	$ 90.07
Remaining Purchase Authorization		$ 1,430		$ 1,430

Comprehensive Income (Loss) a_6

Comprehensive Income (Loss) and Equity - Dividends Declared and Paid (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Equity [Abstract]
Dividends declared	$ 46.9	$ 46.8	$ 94.6
Dividends paid		$ 47.9	$ 95.6

Legal and Other Contingencies -

Legal and Other Contingencies - Narrative (Details) - USD ($) $ in Millions	Jul. 04, 2020	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Reserves for pending legal disputes, including commercial disputes and other matters	$ 15.1	$ 14
Environmental reserves	$ 9.2	$ 9.3

Legal and Other Contingencies_2

Legal and Other Contingencies - Summary of Product Liability and Warranty Claims (Details) $ in Millions	6 Months Ended
	Jul. 04, 2020USD ($)
Movement in Standard Product Warranty Accrual [Roll Forward]
Balance at January 1, 2020	$ 32
Expense, net (including changes in estimates)	6.8
Settlements	(4.2)
Foreign currency translation and other	(0.5)
Balance at July 4, 2020	$ 34.1

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020USD ($)	Jun. 29, 2019USD ($)	Jul. 04, 2020USD ($)segment	Jun. 29, 2019USD ($)
Segment Reporting Information [Line Items]
Reportable operating segments | segment			2
Restructuring charges			$ 70.2
Seating
Segment Reporting Information [Line Items]
Additional restructuring costs expected to occur	$ 20		20
E-Systems
Segment Reporting Information [Line Items]
Additional restructuring costs expected to occur	23		23
Operating segments | Seating
Segment Reporting Information [Line Items]
Restructuring charges	13.4	$ 28.3	25.7	$ 73.5
Operating segments | E-Systems
Segment Reporting Information [Line Items]
Restructuring charges	20.9	8.3	41.2	17.2
Other
Segment Reporting Information [Line Items]
Restructuring charges	0.6	$ 0.1	0.6	$ 0.3
Additional restructuring costs expected to occur	$ 5		$ 5

Segment Reporting - Summary of

Segment Reporting - Summary of Revenues from External Customers and Other Financial Information by Reportable Operating Segment (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jul. 04, 2020		Jun. 29, 2019	Jul. 04, 2020		Jun. 29, 2019	Dec. 31, 2019
Segment Reporting Information [Line Items]
Revenues from external customers	$ 2,444.5		$ 5,007.6	$ 6,902.2		$ 10,167.7
Segment earnings	(294.3)		305.2	(120.9)		617.4
Depreciation and amortization	130.3		128.3	260.8		251.9
Capital expenditures	86.1		136.5	195.2		259.3
Total assets	12,269	[1]	12,847.7	12,269	[1]	12,847.7	$ 12,680.7
Seating
Segment Reporting Information [Line Items]
Revenues from external customers	1,754.9		3,839.4	5,121.5		7,753.1
E-Systems
Segment Reporting Information [Line Items]
Revenues from external customers	689.6		1,168.2	1,780.7		2,414.6
Operating segments | Seating
Segment Reporting Information [Line Items]
Revenues from external customers	1,754.9		3,839.4	5,121.5		7,753.1
Segment earnings	(116.4)		283.2	69.7		535.5
Depreciation and amortization	83.8		83.4	167.3		166.3
Capital expenditures	47		80	113.2		160.2
Total assets	6,687.7		7,714	6,687.7		7,714
Operating segments | E-Systems
Segment Reporting Information [Line Items]
Revenues from external customers	689.6		1,168.2	1,780.7		2,414.6
Segment earnings	(113.4)		84.7	(81)		213
Depreciation and amortization	42.6		40.9	85.7		77.7
Capital expenditures	37.1		52.5	78.8		91.6
Total assets	2,901.2		3,093.2	2,901.2		3,093.2
Other
Segment Reporting Information [Line Items]
Revenues from external customers	0		0	0		0
Segment earnings	(64.5)		(62.7)	(109.6)		(131.1)
Depreciation and amortization	3.9		4	7.8		7.9
Capital expenditures	2		4	3.2		7.5
Total assets	$ 2,680.1		$ 2,040.5	$ 2,680.1		$ 2,040.5
[1]	Unaudited.

Segment Reporting - Reconciliat

Segment Reporting - Reconciliation of Segment Earnings to Consolidated Income Before Provision for Income Taxes and Equity (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Segment Reporting [Abstract]
Segment earnings	$ (294.3)	$ 305.2	$ (120.9)	$ 617.4
Interest expense	27.2	24.5	51.6	45.4
Other (income) expense, net	(3.2)	13.8	37.3	18.2
Consolidated income (loss) before provision (benefit) for income taxes and equity in net income of affiliates	$ (318.3)	$ 266.9	$ (209.8)	$ 553.8

Financial Instruments - Estimat

Financial Instruments - Estimated Aggregate Fair Value and Carrying Value of Debt Instruments (Details) - USD ($) $ in Millions	Jul. 04, 2020	Dec. 31, 2019
Estimated aggregate fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instruments	$ 2,373.5	$ 2,384.6
Aggregate carrying value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt instruments	$ 2,328.1	$ 2,334.4

Financial Instruments - Reconci

Financial Instruments - Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Jul. 04, 2020		Dec. 31, 2019	Jun. 29, 2019	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Balance sheet - cash and cash equivalents	$ 1,775.5	[1]	$ 1,487.7	$ 1,269
Restricted cash included in other current assets	36			15.5
Restricted cash included in other long-term assets	1.6			6.4
Statement of cash flows - cash, cash equivalents and restricted cash	$ 1,813.1		$ 1,510.4	$ 1,290.9	$ 1,519.8
[1]	Unaudited.

Financial Instruments - Narrati

Financial Instruments - Narrative (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jul. 04, 2020		Jun. 29, 2019	Jul. 04, 2020		Jun. 29, 2019	Jan. 01, 2020	Dec. 31, 2019
Derivative [Line Items]
Retained earnings	$ 4,447,100,000	[1]		$ 4,447,100,000	[1]			$ 4,715,800,000
Accounts receivable, reserves	36,700,000			36,700,000				36,000,000
Investments in equity securities without readily determinable fair values	15,200,000			15,200,000				15,200,000
Interest expense	27,200,000		$ 24,500,000	51,600,000		$ 45,400,000
Derivative contracts classified within Level 3 of fair value hierarchy	0			0				0
Derivative contracts transfers in to Level 3 fair value hierarchy				0
Foreign currency contracts | Derivative instruments and hedging | Designated as hedging instrument
Derivative [Line Items]
Pretax gains (losses) related to derivative instruments and hedging activities in accumulated other comprehensive loss	$ (44,600,000)			(44,600,000)				$ 19,400,000
Net investment hedges | Interest rate swap contracts | Designated as hedging instrument
Derivative [Line Items]
Interest expense				$ 3,200,000
Cumulative Effect, Period of Adoption, Adjustment | ASU 2016-13
Derivative [Line Items]
Retained earnings							$ (800,000)
Accounts receivable, reserves							$ 800,000
[1]	Unaudited.

Financial Instruments - Marketa

Financial Instruments - Marketable Equity Securities (Details) - Marketable Equity Securities - USD ($) $ in Millions	Jul. 04, 2020	Dec. 31, 2019
Debt and Equity Securities, FV-NI [Line Items]
Current assets	$ 7.6	$ 17.1
Other long-term assets	39.7	42.1
Marketable equity securities	$ 47.3	$ 59.2

Financial Instruments - Notiona

Financial Instruments - Notional Amount, Estimated Aggregate Fair Value and Related Balance Sheet Classification of Foreign Currency Derivative Contracts (Details) - Foreign currency contracts - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jul. 04, 2020	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Total fair value	$ (23.1)	$ 45.9
Notional amount	2,829.5	2,462.8
Designated as hedging instrument | Cash flow hedge
Derivatives, Fair Value [Line Items]
Other current assets	10.8	44
Other long-term assets	3.3	7.3
Other current liabilities	(33.8)	(4.5)
Other long-term liabilities	(9.3)	(0.2)
Total fair value	(29)	46.6
Notional amount	$ 1,162.6	$ 1,465.8
Designated as hedging instrument | Cash flow hedge | Maximum
Derivatives, Fair Value [Line Items]
Outstanding maturities in months, not to exceed	24 months	24 months
Designated as hedging instrument | Net investment hedges
Derivatives, Fair Value [Line Items]
Other long-term assets	$ 6	$ 0
Other long-term liabilities	0	(4.4)
Total fair value	6	(4.4)
Notional amount	$ 300	$ 300
Designated as hedging instrument | Net investment hedges | Maximum
Derivatives, Fair Value [Line Items]
Outstanding maturities in months, not to exceed	51 months	57 months
Not designated as hedging instrument
Derivatives, Fair Value [Line Items]
Other current assets	$ 4.1	$ 6.9
Other current liabilities	(4.2)	(3.2)
Total fair value	(0.1)	3.7
Notional amount	$ 1,366.9	$ 697
Not designated as hedging instrument | Maximum
Derivatives, Fair Value [Line Items]
Outstanding maturities in months, not to exceed	12 months	12 months

Financial Instruments - Pretax

Financial Instruments - Pretax Amounts Recognized in and Reclassified from Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 04, 2020	Jun. 29, 2019	Jul. 04, 2020	Jun. 29, 2019
Derivative [Line Items]
Gains (losses) recognized in accumulated other comprehensive loss	$ 49.3	$ 22.8	$ (71)	$ 32.9
(Gains) losses reclassified from accumulated other comprehensive loss	14.1	(12.4)	7	(21.6)
Comprehensive income (loss)	63.4	10.4	(64)	11.3
Net sales
Derivative [Line Items]
(Gains) losses reclassified from accumulated other comprehensive loss	(0.4)	0.5	(0.5)	1
Cost of sales
Derivative [Line Items]
(Gains) losses reclassified from accumulated other comprehensive loss	14.1	(13.2)	6.5	(22.9)
Interest expense
Derivative [Line Items]
(Gains) losses reclassified from accumulated other comprehensive loss	0.6	0.3	1.2	0.3
Other (income) expense
Derivative [Line Items]
(Gains) losses reclassified from accumulated other comprehensive loss	(0.2)	0	(0.2)	0
Foreign currency contracts
Derivative [Line Items]
Gains (losses) recognized in accumulated other comprehensive loss	61.9	17.6	(81.4)	42.4
Net investment hedge contracts
Derivative [Line Items]
Gains (losses) recognized in accumulated other comprehensive loss	(12.6)	0	10.4	0
Interest rate swap contracts
Derivative [Line Items]
Gains (losses) recognized in accumulated other comprehensive loss	$ 0	$ 5.2	$ 0	$ (9.5)

Financial Instruments - Net Los

Financial Instruments - Net Losses Expected to be Reclassified into Earnings (Details) $ in Millions	6 Months Ended
	Jul. 04, 2020USD ($)
Fair Value Disclosures [Abstract]
Net losses related to foreign currency contracts	$ 23
Net losses related to interest rate swap contracts	2.4
Total	$ 25.4

Financial Instruments - Fair Va

Financial Instruments - Fair Value Measurements and Related Valuation Techniques and Fair Value Hierarchy Level (Details) - Recurring - USD ($) $ in Millions	Jul. 04, 2020	Dec. 31, 2019
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable equity securities	$ 47.3	$ 59.2
Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable equity securities	47.3	59.2
Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable equity securities	0	0
Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable equity securities	0	0
Foreign currency contracts, net
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset (Liability)	(29.1)	50.3
Foreign currency contracts, net | Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset (Liability)	0	0
Foreign currency contracts, net | Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset (Liability)	(29.1)	50.3
Foreign currency contracts, net | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset (Liability)	0	0
Net investment hedges
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset (Liability)	6	(4.4)
Net investment hedges | Level 1
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset (Liability)	0	0
Net investment hedges | Level 2
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset (Liability)	6	(4.4)
Net investment hedges | Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Asset (Liability)	$ 0	$ 0