Thermal Comfort Solutions Overview
Non-GAAP
Core Operating Earnings and Adjusted Margins
($ in millions)
Net sales
Net income attributable to Lear
Interest expense
Other expense, net
Income taxes
Equity in net income of affiliates
Net income attributable to noncontrolling interests
Restructuring costs and other special items
Costs related to restructuring actions
Acquisition costs
Acquisition-related inventory fair value adjustment
Impairments related to Russian operations
Intangible asset impairment
Cost (insurance recoveries) related to typhoon
in the Philippines, net
Other
Core operating earnings
Adjusted margins
LEAR
Lear Proprietary: The information contained herein is the property of Lear Corporation.
2021
2022
$ 19,263.1
$ 20,891.5
$ 373.9
$ 327.7
91.8
98.6
0.1
46.4
137.7
133.7
(15.8)
(33.1)
87.7
81.0
119.3
158.9
10.0
1.1
19.4
8.5
8.9
13.2
9.6
17.9
$ 826.0
$
870.5
4.3%
4.2%
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