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ACQUISITIONS (Tables)
6 Months Ended
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Summary of Estimated Fair Values of the Assets Acquired and Liabilities Assumed
The following table contains the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition for all acquisitions during the periods presented (using inputs as discussed in Note 13). Of the goodwill included in the table below, none is expected to be deductible for tax purposes.
 Six Months Ended June 30,
 2021
Accounts receivable$18.5 
Inventory17.4 
Property, plant and equipment15.6 
Goodwill72.2 
Other intangible assets:
Customer relationships (1 to 15-year life)
45.4 
Technology (1 to 10-year life)
18.6 
Trademarks and trade names (15-year life)
6.6 
Noncompete agreements (1 to 5-year life)
2.7 
Other current and long-term assets5.2 
Current liabilities(33.1)
Deferred income taxes(10.9)
Other long-term liabilities(5.0)
Fair value of net identifiable assets153.2 
Less: Additional consideration payable1.3 
Net cash consideration $151.9 
Summary of Acquisitions
The following table summarizes acquisitions for the periods presented.
Six Months EndedNumber of AcquisitionsSegmentProduct/Service
June 30, 2022None
June 30, 20213Bedding ProductsManufacturer of specialty foam for the bedding and furniture industries;
Furniture, Flooring & Textile ProductsManufacturer of bent metal tubing for furniture used in office, residential, and other settings;
Specialized ProductsManufacturer of high-pressure and high-temperature ducting, flexible joints and components