v3.26.1
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 545.8 $ 587.4
Trade receivables, net 518.4 433.7
Other receivables, net 50.0 42.2
Inventories 638.3 622.6
Prepaid expenses and other current assets 78.8 57.7
Total current assets 1,831.3 1,743.6
Property, Plant and Equipment—at cost    
Machinery and equipment 1,484.9 1,440.0
Buildings and other 701.1 752.4
Land 34.7 36.7
Total property, plant and equipment 2,220.7 2,229.1
Less accumulated depreciation 1,573.8 1,565.1
Net property, plant and equipment 646.9 664.0
Other Assets    
Goodwill 745.1 751.4
Other intangibles, net 82.9 91.3
Operating lease right-of-use assets 130.9 137.9
Sundry 165.7 148.2
Total other assets 1,124.6 1,128.8
TOTAL ASSETS 3,602.8 3,536.4
Current Liabilities    
Current maturities of long-term debt and short-term debt 1.5 1.5
Current portion of operating lease liabilities 48.5 51.5
Accounts payable 475.5 466.6
Accrued expenses 210.7 227.3
Other current liabilities 43.1 28.1
Total current liabilities 779.3 775.0
Long-term Liabilities    
Long-term debt 1,496.8 1,496.2
Operating lease liabilities 100.3 106.7
Other long-term liabilities 88.2 83.0
Deferred income taxes 56.0 52.9
Total long-term liabilities 1,741.3 1,738.8
Commitments and Contingencies
Equity    
Common stock 2.0 2.0
Additional contributed capital 530.1 550.3
Retained earnings 2,325.3 2,272.2
Accumulated other comprehensive loss (17.7) (9.0)
Treasury stock (1,758.0) (1,793.4)
Total Leggett & Platt, Inc. equity 1,081.7 1,022.1
Noncontrolling interest 0.5 0.5
Total equity 1,082.2 1,022.6
TOTAL LIABILITIES AND EQUITY $ 3,602.8 $ 3,536.4