Lear Corp Files Q3 2024 10-Q
Ticker: LEA · Form: 10-Q · Filed: 2024-10-24T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, automotive
TL;DR
LEAR Q3 2024 10-Q filed. Financials updated.
AI Summary
Lear Corporation filed a 10-Q for the period ending September 28, 2024. The filing details financial information for the third quarter of 2024, including balance sheet items and debt obligations. The company's fiscal year ends on December 31st.
Why It Matters
This filing provides investors with an update on Lear Corporation's financial health and performance for the third quarter of 2024, crucial for investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly financial filing with no immediate red flags.
Key Numbers
- 2024-09-28 — Reporting Date (End of the reporting period for this 10-Q.)
- 2023-12-31 — Prior Year End (End of the previous fiscal year, used for comparative financial analysis.)
Key Players & Entities
- LEAR CORP (company) — Filer
- 20240928 (date) — Period of Report
- 20241024 (date) — Filing Date
- 21557 TELEGRAPH ROAD (address) — Business Address
- SOUTHFIELD, MI (location) — Business Address City/State
FAQ
What is the primary business of Lear Corporation?
Lear Corporation is in the business of manufacturing motor vehicle parts & accessories, as indicated by its SIC code [3714].
When is Lear Corporation's fiscal year end?
Lear Corporation's fiscal year ends on December 31st.
What is the filing date of this 10-Q?
This 10-Q filing was made on October 24, 2024.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending September 28, 2024.
Where is Lear Corporation headquartered?
Lear Corporation's business address is located at 21557 Telegraph Road, Southfield, MI 48033.
From the Filing
0000842162-24-000062.txt : 20241024 0000842162-24-000062.hdr.sgml : 20241024 20241024090153 ACCESSION NUMBER: 0000842162-24-000062 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 118 CONFORMED PERIOD OF REPORT: 20240928 FILED AS OF DATE: 20241024 DATE AS OF CHANGE: 20241024 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: 241390873 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-20240928.htm 10-Q lear-20240928 FALSE 2024 Q3 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 2024-09-28 0000842162 2024-10-21 0000842162 2024-09-28 0000842162 2023-12-31 0000842162 us-gaap:SeriesAPreferredStockMember 2024-09-28 0000842162 us-gaap:SeriesAPreferredStockMember 2023-12-31 0000842162 2024-06-30 2024-09-28 0000842162 2023-07-02 2023-09-30 0000842162 2023-01-01 2023-09-30 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:RetainedEarningsMember 2024-06-30 2024-09-28 0000842162 us-gaap:ParentMember 2024-06-30 2024-09-28 0000842162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 2024-09-28 0000842162 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 2024-09-28 0000842162 us-gaap:TreasuryStockCommonMember 2024-06-30 2024-09-28 0000842162 us-gaap:CommonStockMember 2024-09-28 0000842162 us-gaap:AdditionalPaidInCapitalMember 2024-09-28 0000842162 us-gaap:TreasuryStockCommonMember 2024-09-28 0000842162 us-gaap:RetainedEarningsMember 2024-09-28 0000842162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-09-28 0000842162 us-gaap:ParentMember 2024-09-28 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 2024-09-28 0000842162 us-gaap:ParentMember 2024-01-01 2024-09-28 0000842162 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-09-28 0000842162 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-09-28 0000842162 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-09-28 0000842162 us-gaap:NoncontrollingInterestMember 2024-06-29 0000842162 2024-06-29 0000842162 us-gaap:NoncontrollingInterestMember 2024-06-30 2024-09-28 0000842162 us-gaap:NoncontrollingInterestMember 2024-09-28 0000842162 us-gaap:Noncontroll