XML 57 R34.htm IDEA: XBRL DOCUMENT
v3.22.4

Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes In The Carrying Amounts Of Goodwill | The changes in the carrying amounts of goodwill are as follows:
| Bedding Products |  | Specialized Products |  | Furniture, Flooring & Textile Products |  | Total
Net goodwill as of January 1, 2021 | $ | 856.9 |  |  | $ | 187.0 |  |  | $ | 344.9 |  |  | $ | 1,388.8 |
Additions for current year acquisitions | 58.3 |  |  | 8.2 |  |  | 4.4 |  |  | 70.9 |
Allocations to divested businesses | (1.3) |  |  | — |  |  | — |  |  | (1.3) |
Foreign currency translation adjustment | (5.6) |  |  | (2.5) |  |  | (.7) |  |  | (8.8) |
Net goodwill as of December 31, 2021 | 908.3 |  |  | 192.7 |  |  | 348.6 |  |  | 1,449.6 |
Additions for current year acquisitions | — |  |  | 39.0 |  |  | 3.5 |  |  | 42.5 |
Adjustments to prior year acquisitions | — |  |  | .3 |  |  | — |  |  | .3 |
Allocations to divested businesses | (.3) |  |  | — |  |  | — |  |  | (.3) |
Foreign currency translation adjustment | (7.7) |  |  | (4.6) |  |  | (5.4) |  |  | (17.7) |
Net goodwill as of December 31, 2022 | $ | 900.3 |  |  | $ | 227.4 |  |  | $ | 346.7 |  |  | $ | 1,474.4 |
Net goodwill as of December 31, 2022 is comprised of: |  |  |  |  |  |  |
Gross goodwill | $ | 905.7 |  |  | $ | 319.5 |  |  | $ | 597.3 |  |  | $ | 1,822.5 |
Accumulated impairment losses | (5.4) |  |  | (92.1) |  |  | (250.6) |  |  | (348.1) |
Net goodwill as of December 31, 2022 | $ | 900.3 |  |  | $ | 227.4 |  |  | $ | 346.7 |  |  | $ | 1,474.4 |
Intangible Assets Purchased | The gross carrying amount and accumulated amortization by intangible asset class and intangible assets acquired during the periods presented, included in "Other intangibles, net" on the Consolidated Balance Sheets, are as follows:
| December 31, 2022 |  | Year Ended December 31, 2022
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Intangibles |  | Gross carrying amounts of items acquired |  | Weighted average amortization in years for items acquired
Customer-related intangibles | $ | 622.6 |  |  | $ | 206.1 |  |  | $ | 416.5 |  |  | $ | 22.0 |  |  | 15.0
Technology | 196.6 |  |  | 51.7 |  |  | 144.9 |  |  | 13.4 |  |  | 13.9
Patents and trademarks | 145.7 |  |  | 52.8 |  |  | 92.9 |  |  | 8.2 |  |  | 15.6
Non-compete agreements, supply agreements and other | 66.9 |  |  | 45.8 |  |  | 21.1 |  |  | .3 |  |  | 4.8
Total | $ | 1,031.8 |  |  | $ | 356.4 |  |  | $ | 675.4 |  |  | $ | 43.9 |  |  | 14.7
| December 31, 2021 |  | Year Ended December 31, 2021
Customer-related intangibles | $ | 610.6 |  |  | $ | 172.0 |  |  | $ | 438.6 |  |  | $ | 64.9 |  |  | 15.0
Technology | 183.5 |  |  | 38.4 |  |  | 145.1 |  |  | 5.4 |  |  | 8.0
Patents and trademarks | 139.8 |  |  | 47.2 |  |  | 92.6 |  |  | 8.7 |  |  | 15.1
Non-compete agreements, supply agreements and other | 72.0 |  |  | 40.5 |  |  | 31.5 |  |  | 4.3 |  |  | 2.9
Total | $ | 1,005.9 |  |  | $ | 298.1 |  |  | $ | 707.8 |  |  | $ | 83.3 |  |  | 13.9
Estimated Amortization Expense | Estimated amortization expense for the items above included in our December 31, 2022 Consolidated Balance Sheets in each of the next five years is as follows:
2023 | $ | 70.6 |
2024 | 63.7 |
2025 | 60.7 |
2026 | 59.1 |
2027 | 58.3 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 55 -Paragraph 24 -URI https://asc.fasb.org/extlink&oid=122137925&loc=d3e14258-109268 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration