v3.25.2
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 368.8 $ 350.2
Trade receivables, net 542.2 503.0
Other receivables, net 35.0 56.4
Inventories 648.6 722.6
Prepaid expenses and other current assets 53.3 55.8
Current assets held for sale 94.8 2.5
Total current assets 1,742.7 1,690.5
Property, Plant and Equipment—at cost    
Machinery and equipment 1,489.6 1,466.3
Buildings and other 759.9 780.6
Land 38.4 39.0
Total property, plant and equipment 2,287.9 2,285.9
Less accumulated depreciation 1,601.5 1,561.5
Net property, plant and equipment 686.4 724.4
Other Assets    
Goodwill 751.2 794.4
Other intangibles, net 97.8 140.4
Operating lease right-of-use assets 154.9 175.7
Sundry 127.0 131.5
Non-current assets held for sale 143.7 4.7
Total other assets 1,274.6 1,246.7
TOTAL ASSETS 3,703.7 3,661.6
Current Liabilities    
Current maturities of long-term debt and short-term debt 1.3 1.3
Current portion of operating lease liabilities 50.9 53.4
Accounts payable 468.4 497.7
Accrued expenses 201.3 242.2
Other current liabilities 40.8 51.8
Current liabilities held for sale 39.6 0.0
Total current liabilities 802.3 846.4
Long-term Liabilities    
Long-term debt 1,792.2 1,862.8
Operating lease liabilities 111.2 131.1
Other long-term liabilities 82.0 82.2
Long-term liabilities held for sale 8.4 0.0
Deferred income taxes 51.8 48.9
Total long-term liabilities 2,045.6 2,125.0
Commitments and Contingencies
Equity    
Common stock 2.0 2.0
Additional contributed capital 552.0 568.7
Retained earnings 2,133.8 2,064.5
Accumulated other comprehensive loss (32.9) (115.8)
Treasury stock (1,799.9) (1,830.0)
Total Leggett & Platt, Inc. equity 855.0 689.4
Noncontrolling interest 0.8 0.8
Total equity 855.8 690.2
TOTAL LIABILITIES AND EQUITY $ 3,703.7 $ 3,661.6