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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 412.6 $ 350.2
Trade receivables, net 522.3 503.0
Other receivables, net 35.8 56.4
Inventories 678.3 722.6
Prepaid expenses and other current assets 47.9 55.8
Total current assets held for sale 87.2 2.5
Total current assets 1,784.1 1,690.5
Property, Plant and Equipment—at cost    
Machinery and equipment 1,460.1 1,466.3
Buildings and other 748.0 780.6
Land 37.1 39.0
Total property, plant and equipment 2,245.2 2,285.9
Less accumulated depreciation 1,553.1 1,561.5
Net property, plant and equipment 692.1 724.4
Other Assets    
Goodwill 734.9 794.4
Other intangibles, net 98.4 140.4
Operating lease right-of-use assets 163.6 175.7
Sundry 134.0 131.5
Non-current assets held for sale 141.8 4.7
Total other assets 1,272.7 1,246.7
TOTAL ASSETS 3,748.9 3,661.6
Current Liabilities    
Current maturities of long-term debt and short-term debt 1.3 1.3
Current portion of operating lease liabilities 52.0 53.4
Accounts payable 476.5 497.7
Accrued expenses 202.6 242.2
Other current liabilities 44.6 51.8
Total current liabilities held for sale 33.4 0.0
Total current liabilities 810.4 846.4
Long-term Liabilities    
Long-term debt 1,935.1 1,862.8
Operating lease liabilities 119.3 131.1
Other long-term liabilities 77.6 82.2
Long-term liabilities held for sale 8.3 0.0
Deferred income taxes 50.6 48.9
Total long-term liabilities 2,190.9 2,125.0
Commitments and Contingencies
Equity    
Common stock 2.0 2.0
Additional contributed capital 555.4 568.7
Retained earnings 2,088.2 2,064.5
Accumulated other comprehensive loss (92.5) (115.8)
Treasury stock (1,806.3) (1,830.0)
Total Leggett & Platt, Inc. equity 746.8 689.4
Noncontrolling interest 0.8 0.8
Total equity 747.6 690.2
Liabilities and Equity, Total $ 3,748.9 $ 3,661.6