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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 327.3 $ 361.7
Trade receivables, net 666.5 620.0
Other receivables, net 38.4 31.5
Total receivables, net 704.9 651.5
Inventories 1,045.8 993.2
Prepaid expenses and other current assets 60.0 58.9
Total current assets 2,138.0 2,065.3
PROPERTY, PLANT AND EQUIPMENT—AT COST    
Machinery and equipment 1,438.6 1,435.0
Buildings and other 766.5 772.1
Land 45.2 44.1
Total property, plant and equipment 2,250.3 2,251.2
Less accumulated depreciation 1,481.7 1,469.7
Net property, plant and equipment 768.6 781.5
OTHER ASSETS    
Goodwill 1,445.6 1,449.6
Other intangibles, less accumulated amortization of $309.2 and $298.1 as of March 31, 2022 and December 31, 2021, respectively 688.1 707.8
Operating lease right-of-use assets 190.8 192.6
Sundry 110.7 110.5
Total other assets 2,435.2 2,460.5
TOTAL ASSETS 5,341.8 5,307.3
CURRENT LIABILITIES    
Current maturities of long-term debt 301.3 300.6
Current portion of operating lease liabilities 45.8 44.5
Accounts payable 622.0 613.8
Accrued expenses 279.3 284.6
Other current liabilities 102.8 92.2
Total current liabilities 1,351.2 1,335.7
LONG-TERM LIABILITIES    
Long-term debt 1,803.1 1,789.7
Operating lease liabilities 150.0 153.0
Other long-term liabilities 146.4 162.9
Deferred income taxes 219.7 217.4
Total long-term liabilities 2,319.2 2,323.0
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 2.0 2.0
Additional contributed capital 556.4 557.9
Retained earnings 3,006.0 2,973.0
Accumulated other comprehensive loss (45.2) (38.3)
Treasury stock (1,848.4) (1,846.6)
Total Leggett & Platt, Inc. equity 1,670.8 1,648.0
Noncontrolling interest 0.6 0.6
Total equity 1,671.4 1,648.6
TOTAL LIABILITIES AND EQUITY $ 5,341.8 $ 5,307.3