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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 505.8 $ 247.6
Trade receivables, net 546.0 564.4
Other receivables, net 22.2 27.5
Total receivables, net 568.2 591.9
Total inventories, net 655.5 636.7
Prepaid expenses and other current assets 52.5 61.9
Total current assets 1,782.0 1,538.1
PROPERTY, PLANT AND EQUIPMENT—AT COST    
Machinery and equipment 1,369.6 1,388.8
Buildings and other 696.3 719.0
Land 41.7 43.5
Total property, plant and equipment 2,107.6 2,151.3
Less accumulated depreciation 1,298.1 1,320.5
Net property, plant and equipment 809.5 830.8
OTHER ASSETS    
Goodwill 1,391.4 1,406.3
Other intangibles, less accumulated amortization of $237.6 and $222.3 as of March 31, 2020 and December 31, 2019, respectively 744.0 764.0
Operating lease right-of-use assets 155.3 158.8
Sundry 99.8 118.4
Total other assets 2,390.5 2,447.5
TOTAL ASSETS 4,982.0 4,816.4
CURRENT LIABILITIES    
Current maturities of long-term debt 51.2 51.1
Current portion of operating lease liabilities 39.6 39.3
Accounts payable 429.1 463.4
Accrued expenses 244.0 281.0
Other current liabilities 90.8 93.3
Total current liabilities 854.7 928.1
LONG-TERM LIABILITIES    
Long-term debt 2,415.2 2,066.5
Operating lease liabilities 117.9 121.6
Other long-term liabilities 158.5 173.5
Deferred income taxes 197.1 214.2
Total long-term liabilities 2,888.7 2,575.8
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 2.0 2.0
Additional contributed capital 533.5 536.1
Retained earnings 2,723.5 2,734.5
Accumulated other comprehensive loss (147.3) (76.8)
Treasury stock (1,873.5) (1,883.8)
Total Leggett & Platt, Inc. equity 1,238.2 1,312.0
Noncontrolling interest 0.4 0.5
Total equity 1,238.6 1,312.5
TOTAL LIABILITIES AND EQUITY $ 4,982.0 $ 4,816.4