XML 70 R45.htm IDEA: XBRL DOCUMENT v3.25.0.1

Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:

			December 31,
			2024						2023
Operating leases:
Operating lease right-of-use assets			$	175.7					$	193.2
Current portion of operating lease liabilities			$	53.4					$	57.3
Operating lease liabilities			131.1						150.5
Total operating lease liabilities			$	184.5					$	207.8
Finance leases:
Sundry			$	3.6					$	4.0
Current maturities of long-term debt			$	1.3					$	1.2
Long-term debt			2.4						2.8
Total finance lease liabilities			$	3.7					$	4.0

Schedule of Components of Lease Expense

The components of lease expense were as follows:

			Year Ended December 31,
			2024						2023						2022
Operating lease costs:
Lease costs			$	65.6					$	65.4					$	56.1
Variable lease costs			15.0						18.6						15.1
Total operating lease costs			$	80.6					$	84.0					$	71.2
Short-term lease costs			$	6.6					$	6.6					$	6.6
Finance lease costs:
Amortization of right-of-use assets			$	1.5					$	1.8					$	1.7
Interest on lease liabilities			.1						.1						.1
Total finance lease costs			$	1.6					$	1.9					$	1.8
Total lease costs			$	88.8					$	92.5					$	79.6

Supplemental cash flow information related to leases was as follows:

			Year Ended December 31,
			2024						2023						2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases			$	66.5					$	60.4					$	52.4
Operating cash flows from finance leases			.1						.1						.1
Financing cash flows from finance leases			1.5						1.8						1.7
Right-of-use assets obtained in exchange for new operating lease liabilities			44.6						59.8						53.0
Right-of-use assets obtained in exchange for new finance lease liabilities			1.1						1.4						1.4

Schedule of Lessee, Operating Lease, Liability, Maturity

The following table reconciles the undiscounted cash flows for the operating and finance leases at December 31, 2024 to the operating and finance lease liabilities recorded on the Consolidated Balance Sheets:

			December 31, 2024
			Operating Leases						Finance Leases
2025			$	58.3					$	1.4
2026			53.1						1.2
2027			36.7						.9
2028			19.6						.4
2029			11.6						—
Thereafter			16.1						—
Total			195.4						3.9
Less: interest			10.9						.2
Lease liability			$	184.5					$	3.7
Weighted average remaining lease term (years)			4.2						3.2
Weighted average discount rate			2.9		%				3.1		%

Schedule of Operating Leases, Schedule of Future Minimum Payments

The following table reconciles the undiscounted cash flows for the operating and finance leases at December 31, 2024 to the operating and finance lease liabilities recorded on the Consolidated Balance Sheets:

			December 31, 2024
			Operating Leases						Finance Leases
2025			$	58.3					$	1.4
2026			53.1						1.2
2027			36.7						.9
2028			19.6						.4
2029			11.6						—
Thereafter			16.1						—
Total			195.4						3.9
Less: interest			10.9						.2
Lease liability			$	184.5					$	3.7
Weighted average remaining lease term (years)			4.2						3.2
Weighted average discount rate			2.9		%				3.1		%

X

- Definition

Assets And Liabilities, Lessee [Table Text Block]

+ References

No definition available.

+ Details

Name:	leg_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix:	leg_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration