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Lear Corporation LEA Restructuring Charges
Restructuring Charges at other companies
Other financials
Where this comes from
Reported directly by Lear Corporation in its filing.
Tagged under the XBRL concept us-gaap:SeveranceCosts1.
The source filing: Lear Corporation’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 9:15 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000842162-26-000038
| Line item | Three Months Ended / April 4,2026 | Three Months Ended / March 29,2025 |
|---|---|---|
| Employee termination benefits | $37.1 | $74.8 |
| Asset impairments: | ||
| Property, plant and equipment | 2.1 | 2.7 |
| Right-of-use assets | — | 0.1 |
| Contract termination costs | 0.2 | 2.0 |
| Other related costs | 2.7 | 4.0 |
| $42.1 | $83.6 |
ITEM 1 — CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FAQ
- What is Lear Corporation's restructuring charges?
- Lear Corporation (LEA) reported restructuring charges of $37.1M in Q1 2026.
- How has Lear Corporation's restructuring charges changed year-over-year?
- Lear Corporation's restructuring charges decreased by 50.4% year-over-year, from $74.8M to $37.1M.
- What does restructuring charges mean?
- One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.
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