Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Results From Continuing Operations

A summary of segment results for the periods presented are as follows:


	Year Ended December 31
	Trade 1 Sales		Inter- Segment Sales		Total Segment Sales		EBIT		Depreciation and Amortization
2021
Bedding Products 2	$	2,455.9	$	44.1	$	2,500.0	$	321.3	$	106.8
Specialized Products	998.9		3.6		1,002.5		115.9		44.8
Furniture, Flooring & Textile Products	1,617.8		13.4		1,631.2		159.5		24.0
Intersegment eliminations and other 3							(.7)		11.7

	$	5,072.6	$	61.1	$	5,133.7	$	596.0	$	187.3
2020
Bedding Products	$	2,039.3	$	32.2	$	2,071.5	$	192.4	$	106.7
Specialized Products 4	891.2		2.8		894.0		92.0		44.3
Furniture, Flooring & Textile Products	1,349.7		13.8		1,363.5		126.5		25.5
Intersegment eliminations and other 3,5							(3.4)		12.9

	$	4,280.2	$	48.8	$	4,329.0	$	407.5	$	189.4
2019
Bedding Products	$	2,254.3	$	41.3	$	2,295.6	$	214.9	$	107.3
Specialized Products	1,066.8		3.2		1,070.0		169.9		41.8
Furniture, Flooring & Textile Products	1,431.4		16.0		1,447.4		102.3		25.7
Intersegment eliminations and other 3							(.3)		17.1

	$	4,752.5	$	60.5	$	4,813.0	$	486.8	$	191.9

1 See Note B for revenue by product family.

2 2021 EBIT: Includes $28.2 gain on the sale of real estate associated with our exited Fashion Bed business.

3 Depreciation and amortization: Other relates to non-operating assets (assets not included in segment assets) and is allocated to segment EBIT as discussed above.

4 2020 EBIT: Includes $25.4 of goodwill impairment for the Hydraulic Cylinders unit as discussed in Note C.

5 2020 EBIT: Other includes a charge to write off stock associated with a prior year divestiture that filed bankruptcy in 2020.

Revenues From External Customers


	Year Ended December 31
	2021		2020		2019
Bedding Products
Bedding Group	$	2,455.9	$	2,039.3	$	2,254.3
	2,455.9		2,039.3		2,254.3
Specialized Products
Automotive Group	801.4		719.0		816.1
Aerospace Products Group	102.9		102.4		157.7
Hydraulic Cylinders Group	94.6		69.8		93.0
	998.9		891.2		1,066.8
Furniture, Flooring & Textile Products
Home Furniture Group	434.3		320.9		357.4
Work Furniture Group	284.1		231.1		297.3
Flooring & Textile Products Group	899.4		797.7		776.7
	1,617.8		1,349.7		1,431.4
	$	5,072.6	$	4,280.2	$	4,752.5

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, goodwill, and intangible assets.


	Year Ended December 31
	Assets		Additions to Property, Plant and Equipment		Acquired Companies’ Long-Lived Assets
2021
Bedding Products	$	836.0	$	67.1	$	136.6
Specialized Products	316.7		20.6		25.1
Furniture, Flooring & Textile Products	373.5		9.8		6.2
Average current liabilities included in segment numbers above	814.1		—		—
Unallocated assets and other	2,828.5		9.1		—
Difference between average assets and year-end balance sheet	138.5		—		—
	$	5,307.3	$	106.6	$	167.9
2020
Bedding Products	$	739.0	$	27.1	$	—
Specialized Products	299.5		13.2		—
Furniture, Flooring & Textile Products	348.6		7.9		—
Average current liabilities included in segment numbers above	665.0		—		—
Unallocated assets and other	2,759.1		18.0		—
Difference between average assets and year-end balance sheet	(11.2)		—		—
	$	4,800.0	$	66.2	$	—
2019
Bedding Products	$	829.6	$	65.4	$	1,279.8
Specialized Products	346.4		29.3		.2
Furniture, Flooring & Textile Products	383.2		13.7		17.4
Average current liabilities included in segment numbers above	735.3		—		—
Unallocated assets and other	2,689.7		34.7		—
Difference between average assets and year-end balance sheet	(128.8)		—		—
	$	4,855.4	$	143.1	$	1,297.4

Schedule Of Revenue From External Sales And Long-Lived Assets, By Geographical Areas

Trade sales and tangible long-lived assets are presented below, based on the geography of manufacture.


	Year Ended December 31
	2021		2020		2019
Trade sales
Foreign sales
Europe	$	589.0	$	420.9	$	508.5
China	559.0		441.7		449.9
Canada	262.0		261.5		312.8
Mexico	276.0		215.4		256.0
Other	116.1		94.7		92.6
Total foreign sales	1,802.1		1,434.2		1,619.8
United States	3,270.5		2,846.0		3,132.7
Total trade sales	$	5,072.6	$	4,280.2	$	4,752.5

Tangible long-lived assets
Foreign tangible long-lived assets
Europe	$	150.1	$	155.0	$	160.2
China	44.1		45.4		51.6
Canada	26.9		30.2		36.4
Mexico	13.9		8.8		10.1
Other	9.8		11.1		14.7
Total foreign tangible long-lived assets	244.8		250.5		273.0
United States	536.7		534.3		557.8
Total tangible long-lived assets	$	781.5	$	784.8	$	830.8