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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 307.0 $ 365.5
Trade receivables, net 593.0 564.9
Other receivables, net 55.7 72.4
Inventories 755.4 819.7
Prepaid expenses and other current assets 77.5 58.9
Total current assets 1,788.6 1,881.4
Property, Plant and Equipment—at cost    
Machinery and equipment 1,467.8 1,488.3
Buildings and other 812.1 820.3
Land 41.1 42.8
Total property, plant and equipment 2,321.0 2,351.4
Less accumulated depreciation 1,564.4 1,570.2
Net property, plant and equipment 756.6 781.2
Other Assets    
Goodwill 804.1 1,489.8
Other intangibles, net 156.1 167.5
Operating lease right-of-use assets 192.2 193.2
Sundry 141.2 121.4
Total other assets 1,293.6 1,971.9
TOTAL ASSETS 3,838.8 4,634.5
Current Liabilities    
Short-term debt and current maturities of long-term debt 301.0 308.0
Current portion of operating lease liabilities 57.1 57.3
Accounts payable 521.8 536.2
Accrued expenses 239.7 256.8
Other current liabilities 48.3 104.3
Total current liabilities 1,167.9 1,262.6
Long-term Liabilities    
Long-term debt 1,702.1 1,679.6
Operating lease liabilities 148.7 150.5
Other long-term liabilities 90.4 106.6
Deferred income taxes 61.4 101.2
Total long-term liabilities 2,002.6 2,037.9
Commitments and Contingencies
Equity    
Common stock 2.0 2.0
Additional contributed capital 571.8 575.8
Retained earnings 2,019.3 2,661.1
Accumulated other comprehensive loss (87.0) (43.7)
Treasury stock (1,838.5) (1,861.9)
Total Leggett & Platt, Inc. equity 667.6 1,333.3
Noncontrolling interest 0.7 0.7
Total equity 668.3 1,334.0
TOTAL LIABILITIES AND EQUITY $ 3,838.8 $ 4,634.5