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Revenue (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue by Major Source
We disaggregate revenue by customer group, which is the same as our product lines for each of our segments, as we believe this best depicts how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors.
 
Year Ended December 31
 
2019
 
2018
 
2017
Residential Products
 
 
 
 
 
Bedding group 1
$
1,502.0

 
$
905.1

 
$
837.2

Fabric & Flooring Products group
776.4

 
735.8

 
720.1

Machinery group
52.6

 
62.8

 
62.9

 
2,331.0

 
1,703.7

 
1,620.2

Industrial Products
 
 
 
 
 
Wire group
295.6

 
367.4

 
291.7

 
295.6

 
367.4

 
291.7

Furniture Products
 
 
 
 
 
Consumer Products group
404.6

 
460.2

 
413.3

Home Furniture group
357.2

 
388.6

 
410.2

Work Furniture group
297.3

 
293.3

 
272.9

 
1,059.1

 
1,142.1

 
1,096.4

Specialized Products
 
 
 
 
 
Automotive group
816.1

 
823.3

 
772.5

Aerospace Products group
157.7

 
148.9

 
137.9

Hydraulic Cylinders group 2
93.0

 
84.1

 

Commercial Vehicle Products (CVP) group 3

 

 
25.1

 
1,066.8

 
1,056.3

 
935.5

 
$
4,752.5

 
$
4,269.5

 
$
3,943.8

 
1 The ECS acquisition occurred in January 2019. See Note S.
2 This group was formed January 2018 with the acquisition of a manufacturer of hydraulic cylinders. See Note S.
3 Our remaining CVP operation was sold in 2017. See Note C.
Average assets for our segments are shown in the table below and reflect the basis for return measures used by management to evaluate segment performance. These segment totals include working capital (all current assets and current liabilities) plus net property, plant and equipment. Segment assets for all years are reflected at their estimated average for the year. Acquired companies’ long-lived assets as disclosed below include property, plant and equipment and other long-term assets.
 
Year Ended December 31
 
Assets
 
Additions
to
Property,
Plant and
Equipment
 
Acquired
Companies’
Long-Lived
Assets
2019
 
 
 
 
 
Residential Products
$
795.6

 
$
43.8

 
$
1,297.2

Industrial Products
168.8

 
27.3

 

Furniture Products
239.1

 
8.0

 

Specialized Products
346.4

 
29.3

 
.2

Average current liabilities included in segment numbers above
744.6

 

 

Unallocated assets and other
2,650.7

 
34.7

 

Difference between average assets and year-end balance sheet
(128.8
)
 

 

 
$
4,816.4

 
$
143.1

 
$
1,297.4

2018
 
 
 
 
 
Residential Products
$
609.4

 
$
48.0

 
$
6.0

Industrial Products
163.8

 
9.6

 

Furniture Products
279.8

 
19.7

 

Specialized Products
342.5

 
45.0

 
79.4

Average current liabilities included in segment numbers above
661.8

 

 

Unallocated assets and other
1,278.0

 
37.3

 

Difference between average assets and year-end balance sheet
46.7

 

 

 
$
3,382.0

 
$
159.6

 
$
85.4

2017
 
 
 
 
 
Residential Products
$
554.6

 
$
60.5

 
$
33.6

Industrial Products
150.0

 
14.3

 

Furniture Products
245.7

 
20.2

 
14.3

Specialized Products
271.7

 
51.7

 

Average current liabilities included in segment numbers above
557.0

 

 

Unallocated assets and other
1,693.1

 
12.7

 

Difference between average assets and year-end balance sheet
78.7

 

 

 
$
3,550.8

 
$
159.4

 
$
47.9