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Impairment Charges (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary Of Impairment Charges On Continued And Discontinued Operations
Pretax impact of impairment charges is summarized in the following table: 
 
Year Ended
 
2019
 
2018
 
 
 
2017
 
 
 
Other Long-Lived Asset Impairments
 
Other Long-Lived Asset Impairments
 
Goodwill Impairment
 
Other Long-Lived Asset Impairments
 
Total Impairments
Residential Products
$
1.1

 
$
—

 
$
—

 
$
—

 
$
—

Industrial Products
—

 
.3

 
1.3

 
3.6

 
4.9

Furniture Products
6.7

 
5.1

 
—

 
—

 
—

Total impairment charges
$
7.8

 
$
5.4

 
$
1.3

 
$
3.6

 
$
4.9
Schedule Of Goodwill Impairment Test Assumptions The fair values of our reporting units in relation to their respective carrying values and significant assumptions used are presented in the table below:
Fair Value over Carrying Value divided by Carrying Value
 
December 31, 2019 Goodwill Value
 
10-year Compound Annual Growth Rate Range for Sales
 
Terminal Values Long-term Growth Rate for Debt-Free Cash Flow
 
Discount Rate Ranges
Less than 50% 1
 
$
59.4

 
1.4% - 5.8%
 
3.0
%
 
8.0% - 9.5%
50% - 100% 2
 
722.9

 
5.0%
 
3.0
%
 
8.5%
101% - 300%
 
400.9

 
1.3% - 5.5%
 
3.0
%
 
7.5% - 8.0%
301% - 600%
 
223.1

 
.2% - 11.1%
 
3.0
%
 
8.5%
 
 
$
1,406.3

 
.2% - 11.1%
 
3.0
%
 
7.5% - 9.5%
1 This category includes two reporting units:
•
The fair value of our Machinery reporting unit exceeded its carrying value by 12%. This unit has $33.4 of goodwill at December 31, 2019.
•
The fair value of our Hydraulic Cylinders reporting unit exceeded its carrying value by 29%. This reporting unit was acquired in the first quarter of 2018 and has $26.0 of goodwill at December 31, 2019.
2 This category includes one reporting unit. The fair value of our Bedding reporting unit exceeded its carrying value by 50% at December 31, 2019 as compared to 198% at December 31, 2018. This decrease was due to the January 2019 ECS acquisition (as discussed in Note S). At our testing date, the carrying value approximates fair value for the ECS business.
The fair values of our reporting units in relation to their respective carrying values and significant assumptions used are presented in the table below:
Fair Value over Carrying Value divided by Carrying Value
 
December 31, 2018 Goodwill Value
 
10-year
Compound
Annual Growth
Rate Range for Sales
 
Terminal Values Long-term Growth
Rate for Debt-Free Cash Flow
 
Discount Rate Ranges
Less than 100% 1
 
$
180.7

 
4.7% - 5.2%
 
3.0
%
 
9.0% - 9.5%
101% - 300%
 
502.5

 
1.8% - 5.0%
 
3.0
%
 
8.5% - 10.0%
301% - 600%
 
150.6

 
5.7% - 12.4%
 
3.0
%
 
9.0% - 10.0%
 
 
$
833.8

 
1.8% - 12.4%
 
3.0
%
 
8.5% - 10.0%

1All reporting units in this category exceeded 90%, except for the Hydraulic Cylinders reporting unit (acquired in 2018), to which carrying value approximated fair value.