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Supplementary Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Supplementary Financial Information (Unaudited)
Supplementary Financial Information
(Unaudited)

As of January 1, 2021, we changed our method for valuing certain inventories (primarily domestic steel-related inventories) to the FIFO cost method from the LIFO cost method. The effects of this change have been retrospectively applied to the quarterly supplementary financial information in 2020 below. Supplementary financial information for 2021, which included the change from LIFO to FIFO when reported, is presented for comparison purposes. See Note A for additional information.

Year ended December 31, (Amounts in millions, except per share data)
First Quarter
Second Quarter 1,2
Third Quarter
Fourth QuarterTotal
2021     
Net trade sales$1,150.9 $1,269.6 $1,319.2 $1,332.9 $5,072.6 
Gross profit247.5 269.3 256.1 265.4 1,038.3 
Net earnings 87.5 112.3 97.2 105.6 402.6 
Net earnings attributable to Leggett & Platt, Inc. common shareholders87.5 112.2 97.2 105.5 402.4 
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders     
Basic$.64 $.83 $.71 $.77 $2.95 
Diluted$.64 $.82 $.71 $.77 $2.94 
2020     
Net trade sales$1,045.5 $845.1 $1,207.6 $1,182.0 $4,280.2 
Gross profit220.7 146.6 269.7 267.1 904.1 
Net earnings (loss)44.1 (6.1)107.1 108.0 253.1 
Net earnings (loss) attributable to Leggett & Platt, Inc. common shareholders44.1 (6.1)107.0 108.0 253.0 
Net earnings (loss) per share attributable to Leggett & Platt, Inc. common shareholders 
Basic$.33 $(.05)$.79 $.79 $1.86 
Diluted$.33 $(.05)$.79 $.79 $1.86 

All items below are shown pretax
1 Second quarter 2021 includes a $28.2 gain on the sale of real estate.
2 Second quarter 2020 includes a $25.4 goodwill impairment charge.