v3.25.2
Restructuring and Related Activities (Tables)
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring-Related Costs
The following table presents all 2024 Plan restructuring and restructuring-related activity, including impairments, for the periods presented:
 Total Amount Expected to be IncurredTotal Amount Incurred to Date Since January 1, 2024Six Months Ended 
 June 30, 2025		Total Amount Incurred in 2024
2024 Restructuring Plan activity:
Net cash restructuring and restructuring-related
$40.0 to $45.0
$37.4 $7.1 $30.3 
Net non-cash restructuring and restructuring-related
$15.0 to $20.0
13.8 .5 13.3 
Total net restructuring and restructuring-related costs
$55.0 to $65.0
51.2 7.6 43.6 
Goodwill and long-lived asset impairment costs 1
Approximately $10.0
5.4 1.2 4.2 
Total 2024 Restructuring Plan activity
$65.0 to $75.0
$56.6 $8.8 $47.8 
1 This includes $.7 of goodwill impairment in 2024 related to a small U.S. machinery business within the Bedding Products segment that reached held-for-sale status in the fourth quarter of 2024.
The table below presents the restructuring and restructuring-related activity for the periods presented:
 Income Statement PresentationSix Months Ended 
 June 30, 2025		Six Months Ended 
 June 30, 2024		Three Months Ended 
 June 30, 2025		Three Months Ended 
 June 30, 2024
2024 Plan restructuring costs (gains):  
Termination benefits, relocation, and other restructuring costsOther income, net of other expense
(See Note J)
$4.4 $11.7 $2.1 $6.0 
2024 Plan restructuring-related costs (gains):
Inventory obsolescence and other Cost of goods sold.5 3.8 — 1.5 
Professional services and otherSelling and administrative expenses1.1 5.4 .1 4.9 
Net loss (gain) on disposal of assets and businessesNet gain on disposal of assets and businesses1.6 (1.5).2 (1.5)
Total 2024 Plan restructuring-related costs (gains)3.2 7.7 .3 4.9 
Total 2024 Plan net restructuring and restructuring-related costs (gains)$7.6 $19.4 $2.4 $10.9 
Other restructuring costs (gains):
Termination benefits, relocation, and other restructuring costs 1
Other income, net of other expense
(See Note J)
$1.5 $— $.7 $— 
Other restructuring-related costs (gains):
Professional services and other 1
Selling and administrative expenses.6 — — — 
Net loss (gain) on disposal of assets and businessesNet gain on disposal of assets and businesses(.9)— (.9)— 
Total other restructuring-related (gains) costs(.3)— (.9)— 
Total other net restructuring and restructuring-related costs (gains)$1.2 $— $(.2)$— 
1 This includes cash charges for divestiture-related expenses associated with the pending sale of our Aerospace business that met held-for-sale criteria late in the first quarter of 2025 as discussed in Note N. Costs were $1.7 for the six months ended June 30, 2025. There were no costs for the six months ended June 30, 2024.

Net restructuring and restructuring-related 2024 Plan costs by segment were as follows:
 Six Months Ended 
 June 30, 2025		Six Months Ended 
 June 30, 2024		Three Months Ended 
 June 30, 2025		Three Months Ended 
 June 30, 2024
Bedding Products$4.3 $16.6 $1.2 $9.6 
Specialized Products2.3 1.3 .3 1.3 
Furniture, Flooring & Textile Products1.0 1.5 .9 — 
Total net restructuring and restructuring-related costs$7.6 $19.4 $2.4 $10.9 
The accrued liability associated with the 2024 Plan consisted of the following:
Balance at December 31, 2024Add: 2025 ChargesLess: 2025 PaymentsBalance at June 30, 2025
Termination benefits$.8 $2.1 $2.6 $.3 
Contract termination costs— .2 .2 — 
Relocation and other restructuring costs— 2.1 2.1 — 
Total$.8 $4.4 $4.9 $.3