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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Estimated Fair Values of the Assets Acquired and Liabilities Assumed
The following table contains the estimated fair values of the assets acquired and liabilities assumed and the estimated intangible asset lives at the date of acquisition for all acquisitions during the periods presented (using inputs discussed in Note A). Of the goodwill included in the table below, none is expected to be deductible for tax purposes.
20222021
Accounts receivable$37.8 $18.3 
Inventories43.0 17.0 
Property, plant and equipment16.6 16.4 
Goodwill (see Note D)
42.5 70.9 
Other intangible assets (see Note D)
  Customer relationships (15-year life)
22.0 64.9 
  Technology (8 to 10-year life)
11.3 5.5 
  Trademarks and trade names (15 to 20-year life)
7.1 7.2 
  Non-compete agreements (1 to 5-year life)
.2 2.7 
Other current and long-term assets9.1 5.5 
Current liabilities(54.7)(39.2)
Deferred income taxes (17.7)(11.9)
Other long-term liabilities(5.0)(4.7)
Fair value of net identifiable assets112.2 152.6 
Less: additional consideration (receivable)(1.3)— 
Less: additional contingent consideration payable30.2 — 
Net cash consideration$83.3 $152.6 
Schedule of Acquisitions
The following table summarizes acquisitions for the periods presented.
 
Year EndedNumber of
Acquisitions
SegmentProduct/Service
December 31, 2023None
December 31, 20224Specialized Products


Furniture, Flooring & Textile Products
Manufacturer of hydraulic cylinders for heavy construction equipment;

Converter and distributor of construction fabrics for the furniture and bedding industries;

Distributor of products used for erosion control and geosynthetic products for civil construction applications;
 
Distributor of products used for erosion control and stormwater management
December 31, 20213Bedding Products


Furniture, Flooring & Textile Products

Specialized Products
Manufacturer of specialty foam for the bedding and furniture industries;

Manufacturer of bent metal tubing for furniture used in office, residential, and other settings;

Manufacturer of high-pressure and high-temperature ducting, flexible joints, and components