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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 208.8 $ 247.6
Trade receivables, net 556.9 564.4
Other receivables, net 20.4 27.5
Total receivables, net 577.3 591.9
Total inventories, net 574.1 636.7
Prepaid expenses and other current assets 50.1 61.9
Total current assets 1,410.3 1,538.1
PROPERTY, PLANT AND EQUIPMENT—AT COST    
Machinery and equipment 1,363.2 1,388.8
Buildings and other 721.2 719.0
Land 42.4 43.5
Total property, plant and equipment 2,126.8 2,151.3
Less accumulated depreciation 1,329.4 1,320.5
Net property, plant and equipment 797.4 830.8
OTHER ASSETS    
Goodwill 1,373.5 1,406.3
Other intangibles, less accumulated amortization of $239.3 and $222.3 as of June 30, 2020 and December 31, 2019, respectively 730.8 764.0
Operating lease right-of-use assets 167.9 158.8
Sundry 102.2 118.4
Total other assets 2,374.4 2,447.5
TOTAL ASSETS 4,582.1 4,816.4
CURRENT LIABILITIES    
Current maturities of long-term debt 51.1 51.1
Current portion of operating lease liabilities 41.8 39.3
Accounts payable 361.4 463.4
Accrued expenses 240.5 281.0
Other current liabilities 80.7 93.3
Total current liabilities 775.5 928.1
LONG-TERM LIABILITIES    
Long-term debt 2,083.2 2,066.5
Operating lease liabilities 128.6 121.6
Other long-term liabilities 168.0 173.5
Deferred income taxes 212.2 214.2
Total long-term liabilities 2,592.0 2,575.8
COMMITMENTS AND CONTINGENCIES
EQUITY    
Common stock 2.0 2.0
Additional contributed capital 537.8 536.1
Retained earnings 2,663.1 2,734.5
Accumulated other comprehensive loss (117.2) (76.8)
Treasury stock (1,871.5) (1,883.8)
Total Leggett & Platt, Inc. equity 1,214.2 1,312.0
Noncontrolling interest 0.4 0.5
Total equity 1,214.6 1,312.5
TOTAL LIABILITIES AND EQUITY $ 4,582.1 $ 4,816.4