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STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Statement of Changes in Equity and Accumulated Other Comprehensive Income
 
Three Months Ended June 30, 2019
 
Total
Equity
 
Retained
Earnings
 
Common
Stock &
Additional
Contributed
Capital
 
Treasury
Stock
 
Noncontrolling
Interest
 
Accumulated
Other
Comprehensive
Income (Loss)
Beginning balance, April 1, 2019
$
1,195.2

 
$
2,623.9

 
$
526.8

 
$
(1,891.6
)
 
$
.5

 
$
(64.4
)
Net earnings attributable to Leggett & Platt, Inc. common shareholders
86.3

 
86.2

 
—

 
—

 
.1

 
—

Dividends declared (See Note 7)
(52.5
)
 
(53.9
)
 
1.4

 
—

 
—

 
—

Treasury stock purchased
(.8
)
 
—

 
—

 
(.8
)
 
—

 
—

Treasury stock issued
3.1

 
—

 
(1.4
)
 
4.5

 
—

 
—

Foreign currency translation adjustments
1.0

 
—

 
—

 
—

 
—

 
1.0

Cash flow hedges, net of tax
.7

 
—

 
—

 
—

 
—

 
.7

Defined benefit pension plans, net of tax
.5

 
—

 
—

 
—

 
—

 
.5

Stock-based compensation transactions, net of tax
5.3

 
—

 
5.3

 
—

 
—

 
—

Ending balance, June 30, 2019
$
1,238.8

 
$
2,656.2

 
$
532.1

 
$
(1,887.9
)
 
$
.6

 
$
(62.2
)
 
Three Months Ended June 30, 2018
 
Total
Equity
 
Retained
Earnings
 
Common
Stock &
Additional
Contributed
Capital
 
Treasury
Stock
 
Noncontrolling
Interest
 
Accumulated
Other
Comprehensive
Income (Loss)
Beginning balance, April 1, 2018
$
1,196.3

 
$
2,538.3

 
$
516.6

 
$
(1,868.9
)
 
$
.4

 
$
9.9

Net earnings attributable to Leggett & Platt, Inc. common shareholders
85.1

 
85.0

 
—

 
—

 
.1

 
—

Dividends declared (See Note 7)
(49.5
)
 
(50.7
)
 
1.2

 
—

 
—

 
—

Treasury stock purchased
(52.5
)
 
—

 
—

 
(52.5
)
 
—

 
—

Treasury stock issued
3.1

 
—

 
(.9
)
 
4.0

 
—

 
—

Foreign currency translation adjustments
(55.8
)
 
—

 
—

 
—

 
(.1
)
 
(55.7
)
Cash flow hedges, net of tax
(3.6
)
 
—

 
—

 
—

 
—

 
(3.6
)
Defined benefit pension plans, net of tax
.7

 
—

 
—

 
—

 
—

 
.7

Stock-based compensation transactions, net of tax
4.8

 
—

 
4.8

 
—

 
—

 
—

Ending balance, June 30, 2018
$
1,128.6

 
$
2,572.6

 
$
521.7

 
$
(1,917.4
)
 
$
.4

 
$
(48.7
)


 
Six Months Ended June 30, 2019
 
Total
Equity
 
Retained
Earnings
 
Common
Stock &
Additional
Contributed
Capital
 
Treasury
Stock
 
Noncontrolling
Interest
 
Accumulated
Other
Comprehensive
Income (Loss)
Beginning balance, January 1, 2019
$
1,157.6

 
$
2,613.8

 
$
529.1

 
$
(1,908.3
)
 
$
.6

 
$
(77.6
)
Effect of accounting change on prior years (Topic 842-See Note 5)
.1

 
.1

 
—

 
—

 
—

 
—

Adjusted beginning balance, January 1, 2019
1,157.7

 
2,613.9

 
529.1

 
(1,908.3
)
 
.6

 
(77.6
)
Net earnings attributable to Leggett & Platt, Inc. common shareholders
147.4

 
147.4

 
—

 
—

 
—

 
—

Dividends declared (See Note 7)
(102.4
)
 
(105.1
)
 
2.7

 
—

 
—

 
—

Treasury stock purchased
(12.5
)
 
—

 
—

 
(12.5
)
 
—

 
—

Treasury stock issued
16.9

 
—

 
(16.0
)
 
32.9

 
—

 
—

Foreign currency translation adjustments
9.8

 
—

 
—

 
—

 
—

 
9.8

Cash flow hedges, net of tax
4.6

 
—

 
—

 
—

 
—

 
4.6

Defined benefit pension plans, net of tax
1.0

 
—

 
—

 
—

 
—

 
1.0

Stock-based compensation transactions, net of tax
16.3

 
—

 
16.3

 
—

 
—

 
—

Ending balance, June 30, 2019
$
1,238.8

 
$
2,656.2

 
$
532.1

 
$
(1,887.9
)
 
$
.6

 
$
(62.2
)
 
 
Six Months Ended June 30, 2018
 
Total
Equity
 
Retained
Earnings
 
Common
Stock &
Additional
Contributed
Capital
 
Treasury
Stock
 
Noncontrolling
Interest
 
Accumulated
Other
Comprehensive
Income (Loss)
Beginning balance, January 1, 2018
$
1,190.8

 
$
2,511.3

 
$
516.7

 
$
(1,828.3
)
 
$
.6

 
$
(9.5
)
Effect of accounting change on prior years (Topic 606-See Note 3)
(2.3
)
 
(2.3
)
 
—

 
—

 
—

 
—

Adjusted beginning balance, January 1, 2018
1,188.5

 
2,509.0

 
516.7

 
(1,828.3
)
 
.6

 
(9.5
)
Net earnings attributable to Leggett & Platt, Inc. common shareholders
163.0

 
162.9

 
—

 
—

 
.1

 
—

Dividends declared (See Note 7)
(96.7
)
 
(99.3
)
 
2.6

 
—

 
—

 
—

Dividends paid to noncontrolling interest
(.2
)
 
—

 
—

 
—

 
(.2
)
 
—

Treasury stock purchased
(107.8
)
 
—

 
—

 
(107.8
)
 
—

 
—

Treasury stock issued
7.0

 
—

 
(11.7
)
 
18.7

 
—

 
—

Foreign currency translation adjustments
(39.1
)
 
—

 
—

 
—

 
(.1
)
 
(39.0
)
Cash flow hedges, net of tax
(1.3
)
 
—

 
—

 
—

 
—

 
(1.3
)
Defined benefit pension plans, net of tax
1.1

 
—

 
—

 
—

 
—

 
1.1

Stock-based compensation transactions, net of tax
14.1

 
—

 
14.1

 
—

 
—

 
—

Ending balance, June 30, 2018
$
1,128.6

 
$
2,572.6

 
$
521.7

 
$
(1,917.4
)
 
$
.4

 
$
(48.7
)
Changes in Each Component of Accumulated Other Comprehensive Income (Loss)
The following tables set forth the components of and changes in each component of accumulated other comprehensive income (loss) for each of the periods presented:

 
 
 
Three Months Ended June 30,
 
 
 
Foreign
Currency
Translation
Adjustments
 
Cash
Flow
Hedges
 
Defined
Benefit
Pension
Plans
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance, April 1, 2019
$
(17.7
)
 
$
(7.9
)
 
$
(38.8
)
 
$
(64.4
)
Other comprehensive income (loss)
1.0

 
(1.3
)
 
(.1
)
 
(.4
)
Reclassifications, pretax 1
—

 
2.3

 
.8

 
3.1

Income tax effect
—

 
(.3
)
 
(.2
)
 
(.5
)
Balance, June 30, 2019
$
(16.7
)
 
$
(7.2
)
 
$
(38.3
)
 
$
(62.2
)
 
 
 
 
 
 
 
 
 
 
Balance, April 1, 2018
$
57.2

 
$
(9.2
)
 
$
(38.1
)
 
$
9.9

Other comprehensive income (loss)
(55.8
)
 
(4.7
)
 
.3

 
(60.2
)
Reclassifications, pretax 2
—

 
.5

 
.7

 
1.2

Income tax effect
.1

 
.6

 
(.3
)
 
.4

Balance, June 30, 2018
$
1.5

 
$
(12.8
)
 
$
(37.4
)
 
$
(48.7
)
 
 
 
 
 
 
 
 
 
 
 
1 
2019 pretax reclassifications are comprised of:
 
 
 
 
 
 
 
 
 
Net sales
$
—

 
$
1.4

 
$
—

 
$
1.4

 
 
Cost of goods sold; selling and administrative expenses
—

 
(.2
)
 
—

 
(.2
)
 
 
Interest expense
—

 
1.1

 
—

 
1.1

 
 
Other income (expense), net
—

 
—

 
.8

 
.8

 
 
Total reclassifications, pretax
$
—

 
$
2.3

 
$
.8

 
$
3.1

 
 
 
 
 
 
 
 
 
 
 
2 
2018 pretax reclassifications are comprised of:
 
 
 
 
 
 
 
 
 
Net sales
$
—

 
$
(.9
)
 
$
—

 
$
(.9
)
 
 
Cost of goods sold; selling and administrative expenses
—

 
.3

 
—

 
.3

 
 
Interest expense
—

 
1.1

 
—

 
1.1

 
 
Other income (expense), net
—

 
—

 
.7

 
.7

 
 
Total reclassifications, pretax
$
—

 
$
.5

 
$
.7

 
$
1.2


 
 
 
 
Six Months Ended June 30,
 
 
 
Foreign
Currency
Translation
Adjustments
 
Cash
Flow
Hedges
 
Defined
Benefit
Pension
Plans
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance, January 1, 2019
$
(26.5
)
 
$
(11.8
)
 
$
(39.3
)
 
$
(77.6
)
Other comprehensive income (loss)
9.8

 
1.8

 
(.3
)
 
11.3

Reclassifications, pretax 1
—

 
4.2

 
1.6

 
5.8

Income tax effect
—

 
(1.4
)
 
(.3
)
 
(1.7
)
Balance, June 30, 2019
$
(16.7
)
 
$
(7.2
)
 
$
(38.3
)
 
$
(62.2
)
 
 
 
 
 
 
 
 
 
 
Balance, January 1, 2018
$
40.5

 
$
(11.5
)
 
$
(38.5
)
 
$
(9.5
)
Other comprehensive income (loss)
(39.1
)
 
(2.4
)
 
.1

 
(41.4
)
Reclassifications, pretax 2
—

 
.8

 
1.4

 
2.2

Income tax effect
—

 
.3

 
(.4
)
 
(.1
)
Attributable to noncontrolling interest
.1

 
—

 
—

 
.1

Balance, June 30, 2018
$
1.5

 
$
(12.8
)
 
$
(37.4
)
 
$
(48.7
)
 
 
 
 
 
 
 
 
 
 
 
1 
2019 pretax reclassifications are comprised of:
 
 
 
 
 
 
 
 
 
Net sales
$
—

 
$
2.4

 
$
—

 
$
2.4

 
 
Cost of goods sold; selling and administrative expenses
—

 
(.4
)
 
—

 
(.4
)
 
 
Interest expense
—

 
2.2

 
—

 
2.2

 
 
Other income (expense), net
—

 
—

 
1.6

 
1.6

 
 
Total reclassifications, pretax
$
—

 
$
4.2

 
$
1.6

 
$
5.8

 
 
 
 
 
 
 
 
 
 
 
2 
2018 pretax reclassifications are comprised of:
 
 
 
 
 
 
 
 
 
Net sales
$
—

 
$
(1.9
)
 
$
—

 
$
(1.9
)
 
 
Cost of goods sold; selling and administrative expenses
—

 
.5

 
—

 
.5

 
 
Interest expense
—

 
2.2

 
—

 
2.2

 
 
Other income (expense), net
—

 
—

 
1.4

 
1.4

 
 
Total reclassifications, pretax
$
—

 
$
.8

 
$
1.4

 
$
2.2