Lear Corp Files 10-Q for Q2 2024

Ticker: LEA · Form: 10-Q · Filed: 2024-07-25T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, automotive

TL;DR

LEAR 10-Q filed. Financials for Q2 2024 out.

AI Summary

Lear Corporation filed its 10-Q for the period ending June 29, 2024. The filing details the company's financial performance and position. Key financial data points and disclosures are presented within this report.

Why It Matters

This filing provides investors and analysts with a detailed look at Lear Corporation's financial health and operational performance during the second quarter of 2024.

Risk Assessment

Risk Level: medium — 10-Q filings are standard for public companies, but the specific financial details within can reveal risks or opportunities.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is the quarter ended June 29, 2024.

When was this 10-Q filed with the SEC?

This 10-Q was filed on July 25, 2024.

What is Lear Corporation's Standard Industrial Classification (SIC) code?

Lear Corporation's SIC code is 3714, which corresponds to MOTOR VEHICLE PARTS & ACCESSORIES.

What is the company's fiscal year end?

Lear Corporation's fiscal year ends on December 31.

What is the company's business address?

Lear Corporation's business address is 21557 TELEGRAPH ROAD, SOUTHFIELD, MI 48033.

From the Filing

0000842162-24-000049.txt : 20240725 0000842162-24-000049.hdr.sgml : 20240725 20240725091159 ACCESSION NUMBER: 0000842162-24-000049 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 114 CONFORMED PERIOD OF REPORT: 20240629 FILED AS OF DATE: 20240725 DATE AS OF CHANGE: 20240725 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEAR CORP CENTRAL INDEX KEY: 0000842162 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 133386776 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-11311 FILM NUMBER: 241140171 BUSINESS ADDRESS: STREET 1: 21557 TELEGRAPH ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48033 BUSINESS PHONE: 2484471500 MAIL ADDRESS: STREET 1: 21557 TELEGRAPH ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48033 FORMER COMPANY: FORMER CONFORMED NAME: LEAR CORP /DE/ DATE OF NAME CHANGE: 19960620 FORMER COMPANY: FORMER CONFORMED NAME: LEAR SEATING CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LEAR SIEGLER SEATING CORP DATE OF NAME CHANGE: 19900723 10-Q 1 lear-20240629.htm 10-Q lear-20240629 FALSE 2024 Q2 LEAR CORP 0000842162 --12-31 http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2024#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent xbrli:shares iso4217:USD iso4217:USD xbrli:shares lear:employee lear:plant lear:country xbrli:pure lear:segment 0000842162 2024-01-01 2024-06-29 0000842162 2024-07-22 0000842162 2024-06-29 0000842162 2023-12-31 0000842162 us-gaap:SeriesAPreferredStockMember 2024-06-29 0000842162 us-gaap:SeriesAPreferredStockMember 2023-12-31 0000842162 2024-03-31 2024-06-29 0000842162 2023-04-02 2023-07-01 0000842162 2023-01-01 2023-07-01 0000842162 us-gaap:CommonStockMember 2024-03-30 0000842162 us-gaap:AdditionalPaidInCapitalMember 2024-03-30 0000842162 us-gaap:TreasuryStockCommonMember 2024-03-30 0000842162 us-gaap:RetainedEarningsMember 2024-03-30 0000842162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-30 0000842162 us-gaap:ParentMember 2024-03-30 0000842162 us-gaap:RetainedEarningsMember 2024-03-31 2024-06-29 0000842162 us-gaap:ParentMember 2024-03-31 2024-06-29 0000842162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 2024-06-29 0000842162 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 2024-06-29 0000842162 us-gaap:TreasuryStockCommonMember 2024-03-31 2024-06-29 0000842162 us-gaap:CommonStockMember 2024-06-29 0000842162 us-gaap:AdditionalPaidInCapitalMember 2024-06-29 0000842162 us-gaap:TreasuryStockCommonMember 2024-06-29 0000842162 us-gaap:RetainedEarningsMember 2024-06-29 0000842162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-29 0000842162 us-gaap:ParentMember 2024-06-29 0000842162 us-gaap:CommonStockMember 2023-12-31 0000842162 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000842162 us-gaap:TreasuryStockCommonMember 2023-12-31 0000842162 us-gaap:RetainedEarningsMember 2023-12-31 0000842162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000842162 us-gaap:ParentMember 2023-12-31 0000842162 us-gaap:RetainedEarningsMember 2024-01-01 2024-06-29 0000842162 us-gaap:ParentMember 2024-01-01 2024-06-29 0000842162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-06-29 0000842162 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-06-29 0000842162 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-06-29 0000842162 us-gaap:NoncontrollingInterestMember 2024-03-30 0000842162 2024-03-30 0000842162 us-gaap:NoncontrollingInterestMember 2024-03-31 2024-06-29 0000842162 us-gaap:NoncontrollingInterestMember 2024-06-29 0000842162 us-gaap:Noncontroll

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