XML 64 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Condensed Balance Sheets (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
CURRENT ASSETS    
Cash and cash equivalents $ 203.3 $ 244.5
Accounts and other receivables, net 567.9 478.9
Inventories    
Finished goods 291.1 241.1
Work in process 49.9 47.7
Raw materials and supplies 246.8 218.2
LIFO reserve (80.7) (71.7)
Total inventories, net 507.1 435.3
Other current assets 39.6 60.4
Total current assets 1,317.9 1,219.1
PROPERTY, PLANT AND EQUIPMENT - AT COST    
Machinery and equipment 1,159.4 1,136.6
Buildings and other 623.3 613.0
Land 47.1 48.5
Total property, plant and equipment 1,829.8 1,798.1
Less accumulated depreciation 1,211.8 1,173.9
Net property, plant and equipment 618.0 624.2
OTHER ASSETS    
Goodwill 946.7 930.3
Other intangibles, less accumulated amortization of $115.7 and $107.8 as of June 30, 2011 and December 31, 2010, respectively 143.3 152.3
Sundry 68.8 75.1
Total other assets 1,158.8 1,157.7
TOTAL ASSETS 3,094.7 3,001.0
CURRENT LIABILITIES    
Current maturities of long-term debt 2.2 2.2
Accounts payable 282.3 226.4
Accrued expenses 215.1 209.5
Other current liabilities 78.2 84.9
Total current liabilities 577.8 523.0
LONG-TERM LIABILITIES    
Long-term debt 856.6 762.2
Other long-term liabilities 129.2 121.9
Deferred income taxes 76.4 69.5
Total long-term liabilities 1,062.2 953.6
COMMITMENTS AND CONTINGENCIES    
EQUITY    
Common stock 2.0 2.0
Additional contributed capital 458.6 463.2
Retained earnings 2,053.7 2,033.3
Accumulated other comprehensive income 135.3 101.8
Treasury stock (1,214.5) (1,093.0)
Total Leggett & Platt, Inc. equity 1,435.1 1,507.3
Noncontrolling interest 19.6 17.1
Total equity 1,454.7 1,524.4
TOTAL LIABILITIES AND EQUITY $ 3,094.7 $ 3,001.0