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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Results From Continuing Operations | A summary of segment results for the periods presented are as follows:
| Year Ended December 31
| Trade 1 Sales |  | Inter- Segment Sales |  | Total Segment Sales |  | EBIT |  | Depreciation and Amortization
2023 |  |  |  |  |  |  |  |  |
Bedding Products 2 | $ | 1,964.7 |  |  | $ | 31.9 |  |  | $ | 1,996.6 |  |  | $ | (344.2) |  |  | $ | 103.9 |
Specialized Products | 1,279.8 |  |  | 1.5 |  |  | 1,281.3 |  |  | 125.0 |  |  | 41.1 |
Furniture, Flooring & Textile Products | 1,480.8 |  |  | 11.7 |  |  | 1,492.5 |  |  | 128.6 |  |  | 22.5 |
Intersegment eliminations and other 3 |  |  |  |  |  |  | .2 |  |  | 12.4 |
| $ | 4,725.3 |  |  | $ | 45.1 |  |  | $ | 4,770.4 |  |  | $ | (90.4) |  |  | $ | 179.9 |
2022 |  |  |  |  |  |  |  |  |
Bedding Products | $ | 2,356.3 |  |  | $ | 40.5 |  |  | $ | 2,396.8 |  |  | $ | 219.6 |  |  | $ | 104.1 |
Specialized Products | 1,118.3 |  |  | 2.2 |  |  | 1,120.5 |  |  | 99.4 |  |  | 40.5 |
Furniture, Flooring & Textile Products | 1,672.1 |  |  | 14.5 |  |  | 1,686.6 |  |  | 165.0 |  |  | 23.2 |
Intersegment eliminations and other 3 |  |  |  |  |  |  | 1.0 |  |  | 12.0 |
| $ | 5,146.7 |  |  | $ | 57.2 |  |  | $ | 5,203.9 |  |  | $ | 485.0 |  |  | $ | 179.8 |
2021 |  |  |  |  |  |  |  |  |
Bedding Products 2 | $ | 2,455.9 |  |  | $ | 44.1 |  |  | $ | 2,500.0 |  |  | $ | 321.3 |  |  | $ | 106.8 |
Specialized Products | 998.9 |  |  | 3.6 |  |  | 1,002.5 |  |  | 115.9 |  |  | 44.8 |
Furniture, Flooring & Textile Products | 1,617.8 |  |  | 13.4 |  |  | 1,631.2 |  |  | 159.5 |  |  | 24.0 |
Intersegment eliminations and other 3 |  |  |  |  |  |  | (.7) |  |  | 11.7 |
| $ | 5,072.6 |  |  | $ | 61.1 |  |  | $ | 5,133.7 |  |  | $ | 596.0 |  |  | $ | 187.3 |
1 See Note B for revenue by product family. 2 2023 EBIT: Includes $443.7 of long-lived asset impairments as discussed in Note C. 2021 EBIT: Includes $28.2 gain on the sale of real estate associated with our exited Fashion Bed business. 3 Depreciation and amortization: Other relates to non-operating assets (assets not included in segment assets) and is allocated to segment EBIT as discussed above.
Summary of Average Assets for Segments | Average assets for our segments are shown in the table below and reflect the basis for return measures used by management to evaluate segment performance. These segment totals include working capital (all current assets and current liabilities) plus net property, plant and equipment. Segment assets for all years are reflected at their estimated average for the year. Acquired companies’ long-lived assets as disclosed below include property, plant and equipment, goodwill, and intangible assets.
| Year Ended December 31
| Assets |  | Additions to Property, Plant and Equipment |  | Acquired Companies’ Long-Lived Assets |  |
2023 |  |  |  |  |  |  |
Bedding Products | $ | 815.2 |  |  | $ | 47.3 |  |  | $ | — |  |  |
Specialized Products | 398.6 |  |  | 42.7 |  |  | — |  |  |
Furniture, Flooring & Textile Products | 390.3 |  |  | 12.7 |  |  | — |  |  |
Average current liabilities included in segment numbers above | 736.1 |  |  | — |  |  | — |  |  |
Unallocated assets and other 1, 2 | 2,403.2 |  |  | 11.1 |  |  | — |  |  |
Difference between average assets and year-end balance sheet | (108.9) |  |  | — |  |  | — |  |  |
| $ | 4,634.5 |  |  | $ | 113.8 |  |  | $ | — |  |  |
2022 |  |  |  |  |  |  |
Bedding Products | $ | 931.2 |  |  | $ | 42.1 |  |  | $ | — |  |  |
Specialized Products | 350.1 |  |  | 28.2 |  |  | 93.8 |  |  |
Furniture, Flooring & Textile Products | 423.1 |  |  | 12.5 |  |  | 7.1 |  |  |
Average current liabilities included in segment numbers above | 793.9 |  |  | — |  |  | — |  |  |
Unallocated assets and other 1 | 2,840.6 |  |  | 17.5 |  |  | — |  |  |
Difference between average assets and year-end balance sheet | (152.8) |  |  | — |  |  | — |  |  |
| $ | 5,186.1 |  |  | $ | 100.3 |  |  | $ | 100.9 |  |  |
2021 |  |  |  |  |  |  |
Bedding Products | $ | 836.0 |  |  | $ | 67.1 |  |  | $ | 136.6 |  |  |
Specialized Products | 316.7 |  |  | 20.6 |  |  | 25.1 |  |  |
Furniture, Flooring & Textile Products | 373.5 |  |  | 9.8 |  |  | 6.2 |  |  |
Average current liabilities included in segment numbers above | 814.1 |  |  | — |  |  | — |  |  |
Unallocated assets and other 1 | 2,828.5 |  |  | 9.1 |  |  | — |  |  |
Difference between average assets and year-end balance sheet | 138.5 |  |  | — |  |  | — |  |  |
| $ | 5,307.3 |  |  | $ | 106.6 |  |  | $ | 167.9 |  |  |
1 Unallocated assets consist primarily of goodwill, other intangibles, cash, and deferred tax assets. 2 2023 unallocated assets reflects a $443.7 long-lived asset impairment as discussed in Note C.
Schedule Of Revenue From External Sales And Long-Lived Assets, By Geographical Areas | Trade sales and tangible long-lived assets are presented below, based on the geography of manufacture.
| Year Ended December 31
| 2023 |  | 2022 |  | 2021
Trade sales |  |  |  |  |
Foreign sales |  |  |  |  |
Europe | $ | 715.2 |  |  | $ | 624.5 |  |  | $ | 589.0 |
China | 464.7 |  |  | 501.5 |  |  | 559.0 |
Canada | 296.6 |  |  | 279.4 |  |  | 262.0 |
Mexico | 232.6 |  |  | 262.8 |  |  | 276.0 |
Other | 139.2 |  |  | 129.2 |  |  | 116.1 |
Total foreign sales | 1,848.3 |  |  | 1,797.4 |  |  | 1,802.1 |
United States | 2,877.0 |  |  | 3,349.3 |  |  | 3,270.5 |
Total trade sales | $ | 4,725.3 |  |  | $ | 5,146.7 |  |  | $ | 5,072.6 |
Tangible long-lived assets |  |  |  |  |
Foreign tangible long-lived assets |  |  |  |  |
Europe | $ | 149.4 |  |  | $ | 142.1 |  |  | $ | 150.1 |
China | 47.1 |  |  | 45.2 |  |  | 44.1 |
Canada | 25.6 |  |  | 24.3 |  |  | 26.9 |
Mexico | 14.3 |  |  | 14.1 |  |  | 13.9 |
Other | 7.3 |  |  | 7.9 |  |  | 9.8 |
Total foreign tangible long-lived assets | 243.7 |  |  | 233.6 |  |  | 244.8 |
United States | 537.5 |  |  | 538.8 |  |  | 536.7 |
Total tangible long-lived assets | $ | 781.2 |  |  | $ | 772.4 |  |  | $ | 781.5 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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