LEA — what changed in the latest 10-Q
A section-by-section comparison of LEA's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-30 vs the prior 10-Q · 2026-07-31
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +24 | −18 | ~48 | 91 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~2 | 5 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | −2 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-30
In the three months ended October 3, 2026, amounts outstanding under our $550 million 3.8% senior notes due 2027 (the "2027 Notes") and our delayed-draw term loan facility (the "Term Loan") were reclassified from long-term debt to current portion of long-term debt due to contractual maturities withi…
For further information related to our Debt, see Note 7, "Debt," to the condensed consolidated financial statements included in this Report and Note 5, "Debt," to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2025.
(Gain) loss related to disposal of a non-core business— (1)— 3
Impairments (recoveries) related to Russian operations, net— — 1 (1)
Foreign exchange (gains) losses due to foreign exchange rate volatility related to Russia(1)(1)— 2
Text removed vs the prior filing · source: 10-Q · 2026-07-31
Foreign exchange losses due to foreign exchange rate volatility related to Russia— — 1 3
Forward-Looking Statements" below and Item 1A, "Risk Factors," in our Annual Report on Form 10-K for the year ended December 31, 2025.
In the second quarter of 2026, the provision for income taxes was $49 million, representing an effective tax rate of 20.1% on pretax income before equity in net income of affiliates of $241 million. In the second quarter of 2025, the provision for income taxes was $42 million, representing an effect…
E-Systems net sales in the second quarter of both 2026 and 2025 were $1.6 billion, an increase of $29 million or 2%. The impact of foreign exchange rate fluctuations increased net sales by $29 million. This increase was offset by lower production volumes on Lear platforms and the winddown of certain…
Net sales for the six months ended July 4, 2026 were $12.0 billion, as compared to $11.6 billion for the six months ended June 28, 2025, an increase of $442 million or 4%. The impact of foreign exchange rate fluctuations, higher production volumes on Lear platforms in Europe/Africa and North America…
Other information
Text removed vs the prior filing · source: 10-Q · 2026-07-31
On May 14, 2026, the Company held its 2026 Annual Meeting of Shareholders (the "Annual Meeting"). At the Annual Meeting, the Company’s shareholders approved the amendment and restatement of the Company’s 2019 Long-Term Stock Incentive Plan, as previously amended and restated as of May 18, 2023 (the …
The foregoing description of the Plan amendments is qualified in its entirety by the full text of the Plan, as amended and restated, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice