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Earnings Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
 
Basic and diluted earnings per share were calculated as follows:
 
Year Ended December 31
 
2019
 
2018
 
2017
Earnings:
 
 
 
 
 
Earnings from continuing operations
$
333.9

 
$
306.1

 
$
293.6

(Earnings) attributable to noncontrolling interest, net of tax
(.1
)
 
(.2
)
 
(.1
)
Net earnings from continuing operations attributable to Leggett & Platt common shareholders
333.8

 
305.9

 
293.5

Earnings (loss) from discontinued operations, net of tax

 

 
(.9
)
Net earnings attributable to Leggett & Platt common shareholders
$
333.8

 
$
305.9

 
$
292.6

 
 
 
 
 
 
Weighted average number of shares (in millions):
 
 
 
 
 
Weighted average number of common shares used in basic EPS
134.8

 
134.3

 
136.0

Dilutive effect of equity-based compensation
.6

 
.9

 
1.3

Weighted average number of common shares and dilutive potential common shares used in diluted EPS
135.4

 
135.2

 
137.3

 
 
 
 
 
 
Basic and Diluted EPS:
 
 
 
 
 
Basic EPS attributable to Leggett & Platt common shareholders
 
 
 
 
 
Continuing operations
$
2.48

 
$
2.28

 
$
2.16

Discontinued operations

 

 
(.01
)
Basic EPS attributable to Leggett & Platt common shareholders
$
2.48

 
$
2.28

 
$
2.15

Diluted EPS attributable to Leggett & Platt common shareholders
 
 
 
 
 
Continuing operations
$
2.47

 
$
2.26

 
$
2.14

Discontinued operations

 

 
(.01
)
Diluted EPS attributable to Leggett & Platt common shareholders
$
2.47

 
$
2.26

 
$
2.13

 
 
 
 
 
 
Other information:
 
 
 
 
 
Anti-dilutive shares excluded from diluted EPS computation
.2

 
.1

 

 
 
 
 
 
 
Cash dividends declared per share
$
1.58

 
$
1.50

 
$
1.42