Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

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, 2022	$	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

Adjustments to prior year acquisitions	—		2.9		.8		3.7



Foreign currency translation adjustment	6.2		3.4		2.1		11.7
Net goodwill as of December 31, 2023	$	906.5	$	233.7	$	349.6	$	1,489.8

Net goodwill as of December 31, 2023 is comprised of:
Gross goodwill	$	911.9	$	325.8	$	600.2	$	1,837.9
Accumulated impairment losses	(5.4)		(92.1)		(250.6)		(348.1)
Net goodwill as of December 31, 2023	$	906.5	$	233.7	$	349.6	$	1,489.8

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, 2023						Year Ended December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Intangibles		Gross carrying amounts of items acquired		1	Weighted average life in years for items acquired
Customer-related intangibles	$	331.5	$	244.7	$	86.8	$	—		0
Patents and trademarks	103.6		59.8		43.8		1.5			19.3
Technology	86.8		60.8		26.0		—			0
Non-compete agreements, supply agreements and other	62.0		51.1		10.9		—			0
Total 2	$	583.9	$	416.4	$	167.5	$	1.5		19.3

	December 31, 2022						Year Ended December 31, 2022
Customer-related intangibles	$	622.6	$	206.1	$	416.5	$	22.0		15.0
Patents and trademarks	145.7		52.8		92.9		8.2			15.6
Technology	196.6		51.7		144.9		13.4			13.9
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

1 2022 includes $40.6 related to business acquisitions. For information regarding our business acquisitions, see Note Q.

2 We incurred impairment charges in 2023 associated with intangible assets as discussed in Note C.

Estimated amortization expense for the next five years is as follows:


2024	$	21.2
2025	19.7
2026	17.9
2027	16.5
2028	15.5