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Impairment Charges (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
Pretax impairment charges are reported in “Goodwill impairment” and “Long-lived asset impairment” in the Consolidated Statements of Operations and summarized in the table below.
Year Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
 Other Long-Lived Assets ImpairmentGoodwill ImpairmentOther Long-Lived Assets ImpairmentTotal ImpairmentsOther Long-Lived Assets Impairment
Bedding Products$17.8 $587.9 $4.6 $592.5 $443.7 
Specialized Products.6 43.6 .8 44.4 — 
Furniture, Flooring & Textile Products.6 44.5 .9 45.4 — 
Total impairment charges$19.0 $676.0 $6.3 $682.3 $443.7 
Schedule of Changes In The Carrying Amounts Of Goodwill These tables exclude Hydraulic Cylinders, as this unit had no goodwill remaining after the second quarter 2024 impairment of $43.6.
2025
Fair Value over Carrying Value divided by Carrying ValueDecember 31, 2025 Goodwill ValueCompound
Annual Growth Rate (CAGR)
Range for Sales
Terminal Values Long-term Growth Rate for Debt-Free Cash FlowDiscount Rate Ranges
Less than 50%1
$447.1 
<1 - 4%
3%
15% - 17%
51-100%
304.3 
(2) - 4
3 
15 -17
$751.4 
(2%) - 4%
3%
15% - 17%
2024
Fair Value over Carrying Value divided by Carrying ValueDecember 31, 2024 Goodwill ValueCAGR Range for SalesTerminal Values Long-term Growth Rate for Debt-Free Cash FlowDiscount Rate Ranges
Less than 50% 1
$430.4 
  (1%) - 12%
3%
14% - 17%
101-300%
364.0 
3 - 7
14
$794.4 
(1%) - 12%
3%
14% - 17%
1 This category includes Bedding, Home Furniture, and Work Furniture for 2025 and Bedding, Aerospace, and Work Furniture for 2024.
•    The fair value of our Bedding reporting unit exceeded its carrying value by 20% at our second quarter 2025 testing date. The fair value of our Bedding reporting unit was less than its carrying value at our second quarter 2024 testing date, resulting in a partial goodwill impairment of $587.2. Goodwill associated with this reporting unit was $323.7 and $310.0 at December 31, 2025 and 2024, respectively.
•    We sold our Aerospace reporting unit in the third quarter of 2025 as discussed in Note S. At our second quarter 2025 testing date, this unit was held for sale, and its fair value exceeded its carrying value by 48%. Goodwill associated with this reporting unit was $66.8 at December 31, 2024.
•    The fair value of our Home Furniture reporting unit exceeded its carrying value by 34% at our second quarter 2025 testing date. Goodwill associated with this reporting unit was $68.4 and $67.7 at December 31, 2025 and 2024, respectively.
•    The fair value of our Work Furniture reporting unit exceeded its carrying value by 29% at our second quarter 2025 testing date. The fair value of our Work Furniture reporting unit was less than its carrying value at our second quarter 2024 testing date, resulting in a partial goodwill impairment of $44.5. Goodwill associated with this reporting unit was $55.0 and $53.6 at December 31, 2025 and 2024, respectively.
The changes in the carrying amounts of goodwill are as follows:
Bedding ProductsSpecialized
Products
Furniture, Flooring & Textile ProductsTotal
Net goodwill as of January 1, 2024$906.5 $233.7 $349.6 $1,489.8 
Impairment charges(587.9)(43.6)(44.5)(676.0)
Foreign currency translation adjustment(8.6)(7.2)(3.6)(19.4)
Net goodwill as of December 31, 2024
310.0 182.9 301.5 794.4 
Allocations to divested businesses (see Note S)
 (67.8)(1.1)(68.9)
Foreign currency translation adjustment13.7 7.5 4.7 25.9 
Net goodwill as of December 31, 2025 1
$323.7 $122.6 $305.1 $751.4 
1 Net goodwill as of December 31, 2025 is comprised of:
Gross goodwill$917.0 $258.3 $600.2 $1,775.5 
Accumulated impairment charges(593.3)(135.7)(295.1)(1,024.1)
   Net goodwill as of December 31, 2025
$323.7 $122.6 $305.1 $751.4