
	June 30, 2026			December 31, 2025
(in millions, except percentages)	Amount		Rate	Amount		Rate	Maturity Date
2023 Credit Agreement:
Term A Facility	$	1,015.6	(1)	$	1,043.8	(1)	October 10, 2028
Term B Facility	1,227.3		(2)	1,234.8		(2)	October 24, 2031
Revolver	291.5		(1)	550.5		(1)	October 10, 2028
2031 Senior Notes	800.0		3.875%	800.0		3.875%	October 15, 2031
2029 Senior Notes	800.0		4.000%	800.0		4.000%	April 15, 2029
Securitized debt	103.8		(3)	79.3		(3)	October 8, 2026
Finance lease obligations (4)	102.2			110.6			Various
Other	95.9			98.3			Various
Total debt	4,436.3			4,717.3
Less: Deferred financing costs	27.8			31.6
Total debt, net	4,408.5			4,685.7
Less: Current portion	115.7			112.4
Total long-term debt, net	$	4,292.8		$	4,573.3


(1)			Interest at SOFR index plus 10 basis points of credit spread adjustment, plus applicable margin of 1.375% as of June 30, 2026 and December 31, 2025.
(2)			Term B Interest at SOFR index plus applicable margin of 2.250% as of June 30, 2026 and December 31, 2025.
(3)			Interest at one month SOFR index plus 10 basis points of credit spread adjustment, plus 85 basis points.
(4)			New finance lease obligations are a non-cash financing activity.

On October 10, 2023, the Company entered into the 2023 Credit Agreement with a syndicate of banks. The 2023 Credit Agreement provides for a $1,190.0 million revolving credit facility, a $500.0 million term loan facility, a $625.0 million Delayed Draw Term A Loan, a $1,600.0 million Term B Loan (which was initially placed in escrow, net of an original issue discount, and released upon the consummation of the Mattress Firm Acquisition) and an incremental facility in an aggregate amount up to the greater of $850.0 million and additional amounts subject to the conditions set forth in the 2023 Credit Agreement, plus the amount of certain prepayments, plus an additional unlimited amount subject to compliance with a maximum consolidated secured leverage ratio test. The 2023 Credit Agreement also contains a $60.0 million sub-facility for the issuance of letters of credit.

The Company had outstanding borrowings of $291.5 million under the revolving credit facility as of June 30, 2026. Total availability under the revolving facility was $897.7 million, after a $0.8 million reduction for outstanding letters of credit, as of June 30, 2026.

On July 27, 2026, the Company entered into an Amendment No. 5 to the 2023 Credit Agreement ("Amendment No. 5"), which provides for (i) a term loan A of $1,200.0 million (the "Term A Loans") and (ii) an incremental revolving commitment of $510.0 million. The proceeds of the Term A Loans were used to refinance the amounts outstanding under the term loan facility and the Delayed Draw Term A Loan under the 2023 Credit Agreement. The Company's commitments under the Company's revolving credit facility were $1,700.0 million after giving effect to Amendment No. 5.

Amendment No. 5 was executed in connection with the pending acquisition of Leggett & Platt and extended the maturity dates of the Term A Loans and the revolving credit facility to July 27, 2031. Borrowings under the Term A Loans and the revolving credit facility will generally bear interest, at the election of the Company's and its subsidiary borrowers, at either (i) a base rate plus an applicable margin of 0.125% to 0.875%, (ii) a term SOFR rate plus an applicable margin of 1.125% to 1.875% or (iii) a daily simple SOFR rate plus an applicable margin of 1.125% to 1.875%. For the Term A Loans and the revolving credit facility the applicable margin is determined by a pricing grid based on the consolidated total net leverage ratio of the Company.

In connection with Amendment No. 5, the Company prepaid $700.0 million of the outstanding Term B Loan with the remaining proceeds from the Term A Loans and revolving credit facility.

The Company and certain of its subsidiaries are party to a securitization transaction with respect to certain accounts receivable due to the Company and certain of its subsidiaries (as amended, the "Accounts Receivable Securitization"). While subject to a $150.0 million overall limit, the availability of revolving loans varies over the course of the year based on the seasonality of the Company's accounts receivable. As of June 30, 2026, the Company had fully drawn down the Accounts Receivable Securitization with borrowings of $103.8 million. Borrowings under this facility are classified as long-term debt within the Condensed Consolidated Balance Sheets at June 30, 2026, based on the Company's ability and intent to refinance on a long-term basis.