XML 36 R15.htm IDEA: XBRL DOCUMENT v3.25.4

Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Other Intangible Assets

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, 2024			$	906.5					$	233.7					$	349.6					$	1,489.8
Impairment charges			(587.9)						(43.6)						(44.5)						(676.0)
Foreign currency translation adjustment			(8.6)						(7.2)						(3.6)						(19.4)
Net goodwill as of December 31, 2024			310.0						182.9						301.5						794.4
Allocations to divested businesses (see Note S)			—						(67.8)						(1.1)						(68.9)
Foreign currency translation adjustment			13.7						7.5						4.7						25.9
Net goodwill as of December 31, 2025 1			$	323.7					$	122.6					$	305.1					$	751.4
1 Net goodwill as of December 31, 2025 is comprised of:
Gross goodwill			$	917.0					$	258.3					$	600.2					$	1,775.5
Accumulated impairment charges			(593.3)						(135.7)						(295.1)						(1,024.1)
Net goodwill as of December 31, 2025			$	323.7					$	122.6					$	305.1					$	751.4

The gross carrying amount and accumulated amortization by intangible asset class, included in "Other intangibles, net" on the Consolidated Balance Sheets, are as follows. No material intangible assets were acquired during the periods presented.

			December 31, 2025
			Gross Carrying Amount						Accumulated Amortization						Net Intangibles
Customer-related intangibles			$	108.7					$	72.3					$	36.4
Technology			80.5						64.5						16.0
Patents and trademarks 1			68.4						36.6						31.8
Non-compete agreements, supply agreements and other			26.7						19.6						7.1
Total			$	284.3					$	193.0					$	91.3
			December 31, 2024
Customer-related intangibles			$	193.0					$	120.5					$	72.5
Technology			85.8						63.8						22.0
Patents and trademarks 1			77.6						39.4						38.2
Non-compete agreements, supply agreements and other			30.0						22.3						7.7
Total 2			$	386.4					$	246.0					$	140.4

1 $8.5 and $17.4 of our trademarks at December 31, 2025 and December 31, 2024, respectively, are not subject to amortization.

2 Net intangible assets included in the divestiture of the Aerospace Products Group, as discussed in Note S, were $39.1.

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

 

2026			$	15.7
2027			15.0
2028			14.3
2029			13.1
2030			7.3

X

- References

No definition available.

+ Details

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

X

- Definition

The entire disclosure for goodwill and intangible assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

+ Details

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