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IMPAIRMENT CHARGES (Tables)
9 Months Ended
Sep. 30, 2021
Restructuring and Related Activities [Abstract]  
Schedule of Impaired Intangible Assets Impairment charges in the three and nine months ended September 30, 2020 are shown below:
Nine Months EndedThree Months Ended
September 30, 2020September 30, 2020
 Goodwill ImpairmentsOther Long-Lived Assets ImpairmentsTotal ImpairmentsGoodwill ImpairmentsOther Long-Lived Assets ImpairmentsTotal Impairments
Bedding Products$— $.3 $.3 $— $— $— 
Specialized Products25.4 — 25.4 — — — 
Furniture, Flooring & Textile Products— .2 .2 — — — 
Unallocated 1
— 3.5 3.5 — — — 
Total impairment charges$25.4 $4.0 $29.4 $— $— $— 
1 We incurred a $3.5 charge in the nine months ended September 30, 2020 to write off stock associated with a prior year divestiture that filed bankruptcy in 2020.
Schedule of Goodwill
2021
Fair Value over Carrying Value divided by Carrying ValueSeptember 30, 2021 Goodwill Value10-year Compound Annual Growth Rate Range for SalesTerminal Values Long-term Growth Rate for Debt-Free Cash FlowDiscount Rate Ranges
Less than 50% 1
$69.8 
   7.8%
3.0 %
   10.0%
50% - 100% 2
101.0 
   5.5
3.0 
   9.0
101% - 300%1,091.2 
3.1 - 3.3
3.0 
8.0 - 8.5
Greater than 300%194.7 
2.9 - 10.4
3.0 
   9.0
$1,456.7 
2.9% - 10.4%
3.0 %
8.0% - 10.0%
2020
Fair Value over Carrying Value divided by Carrying ValueDecember 31, 2020 Goodwill Value10-year Compound Annual Growth Rate Range for SalesTerminal Values Long-term Growth Rate for Debt-Free Cash FlowDiscount Rate Ranges
Less than 50% 2
$97.2 
2.1%
3.0 %
   9.0%
50% - 100% 3
916.3 
2.0 - 3.6
3.0 
9.0 - 10.0
101% - 300%247.7 
1.6 - 1.7
3.0 
8.5 - 9.5
Greater than 300%127.6 
   6.7
3.0 
   9.0
$1,388.8 
1.6% - 6.7%
3.0 %
8.5% - 10.0%
1     This category includes one reporting unit, Aerospace, which had fair value exceeding its carrying value by 28% at September 30, 2021 as compared to 51% in 2020. Goodwill associated with the Aerospace reporting unit was $69.8 at September 30, 2021 and $59.5 at December 31, 2020.
2     This category includes one reporting unit, Work Furniture, which had fair value exceeding its carrying value by 85% at September 30, 2021 as compared to 25% in 2020. Goodwill associated with the Work Furniture reporting unit was $101.0 at September 30, 2021 and $97.2 at December 31, 2020.
3     This category includes two reporting units consisting of Aerospace (discussed above) and Bedding, which had fair value exceeding its carrying value by 171% at September 30, 2021 as compared to 65% in 2020. Goodwill associated with the Bedding reporting unit was $912.6 at September 30, 2021 and $856.8 at December 31, 2020.