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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated as follows:
 
Nine Months Ended 
 September 30,
 
Three Months Ended 
 September 30,
 
2019
 
2018
 
2019
 
2018
Net earnings:
 
 
 
 
 
 
 
Net earnings
$
247.0

 
$
253.0

 
$
99.6

 
$
90.0

Earnings attributable to noncontrolling interest, net of tax

 
(.1
)
 

 

Net earnings attributable to Leggett & Platt, Inc. common shareholders
$
247.0

 
$
252.9

 
$
99.6

 
$
90.0

 
 
 
 
 
 
 
 
Weighted average number of shares (in millions):
 
 
 
 
 
 
 
Weighted average number of common shares used in basic EPS
134.7

 
134.4

 
134.9

 
133.8

Dilutive effect of stock-based compensation
.5

 
1.0

 
.5

 
.9

Weighted average number of common shares and dilutive potential common shares used in diluted EPS
135.2

 
135.4

 
135.4

 
134.7

 
 
 
 
 
 
 
 
Basic and Diluted EPS:
 
 
 
 
 
 
 
Basic EPS attributable to Leggett & Platt, Inc. common shareholders
$
1.83

 
$
1.88

 
$
.74

 
$
.67

 
 
 
 
 
 
 
 
Diluted EPS attributable to Leggett & Platt, Inc. common shareholders
$
1.83

 
$
1.87

 
$
.74

 
$
.67

 
 
 
 
 
 
 
 
Other information:
 
 
 
 
 
 
 
Anti-dilutive shares excluded from diluted EPS computation
.2

 
.1

 
.2

 

 
 
 
 
 
 
 
 
Cash dividends declared per share
$
1.18

 
$
1.12

 
$
.40

 
$
.38