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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 245.0 $ 247.6
Trade receivables, net 621.8 564.4
Other receivables, net 20.5 27.5
Total receivables, net 642.3 591.9
Total inventories, net 585.3 636.7
Prepaid expenses and other current assets 45.7 61.9
Total current assets 1,518.3 1,538.1
PROPERTY, PLANT AND EQUIPMENT—AT COST    
Machinery and equipment 1,380.1 1,388.8
Buildings and other 729.1 719.0
Land 43.0 43.5
Total property, plant and equipment 2,152.2 2,151.3
Less accumulated depreciation 1,366.5 1,320.5
Net property, plant and equipment 785.7 830.8
OTHER ASSETS    
Goodwill 1,380.3 1,406.3
Other intangibles, less accumulated amortization of $257.3 and $222.3 as of September 30, 2020 and December 31, 2019, respectively 714.6 764.0
Operating lease right-of-use assets 164.4 158.8
Sundry 100.5 118.4
Total other assets 2,359.8 2,447.5
TOTAL ASSETS 4,663.8 4,816.4
CURRENT LIABILITIES    
Current maturities of long-term debt 51.1 51.1
Current portion of operating lease liabilities 41.9 39.3
Accounts payable 494.1 463.4
Accrued expenses 270.7 281.0
Other current liabilities 89.6 93.3
Total current liabilities 947.4 928.1
LONG-TERM LIABILITIES    
Long-term debt 1,909.1 2,066.5
Operating lease liabilities 125.3 121.6
Other long-term liabilities 177.4 173.5
Deferred income taxes 204.6 214.2
Total long-term liabilities 2,416.4 2,575.8
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 2.0 2.0
Additional contributed capital 539.0 536.1
Retained earnings 2,713.5 2,734.5
Accumulated other comprehensive loss (87.4) (76.8)
Treasury stock (1,867.6) (1,883.8)
Total Leggett & Platt, Inc. equity 1,299.5 1,312.0
Noncontrolling interest 0.5 0.5
Total equity 1,300.0 1,312.5
TOTAL LIABILITIES AND EQUITY $ 4,663.8 $ 4,816.4