ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2021

Business Combination and Asset Acquisition [Abstract]

Estimated Fair Values of the Assets Acquired and Liabilities Assumed

The following table contains the estimated fair values (using inputs as discussed in Note 13) of the assets acquired and liabilities assumed at the date of acquisition for all acquisitions during the periods presented. Of the goodwill included in the table below, none is expected to be deductible for tax purposes.

	Nine Months Ended September 30,
	2021
Accounts receivable	$	20.7
Inventory	17.4
Property, plant and equipment	15.3
Goodwill	76.9
Other intangible assets:
Customer relationships (1 to 15-year life)	45.5
Technology (1 to 10-year life)	18.6
Trademarks and trade names (20-year life)	6.6
Noncompete agreements (1 to 5-year life)	2.7
Other current and long-term assets	5.5
Current liabilities	(40.8)
Deferred income taxes	(10.9)
Other long-term liabilities	(4.7)
Fair value of net identifiable assets	152.8
Less: Additional consideration payable	.5
Net cash consideration	$	152.3

Summary of Acquisitions

The following table summarizes acquisitions for the periods presented.

Nine Months Ended	Number of Acquisitions	Segment	Product/Service
September 30, 2021	3	Bedding Products Furniture, Flooring & Textile Products Specialized Products	Manufacturer of premium foam for the bedding and furniture industries; Manufacturer of bent metal tubing for furniture used in office, residential, and other settings; Manufacturer of high-pressure and high-temperature ducting, flexible joints and components
September 30, 2020	None