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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2012	Aug. 02, 2012
Entity Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Trading Symbol	LEG
Entity Registrant Name	LEGGETT & PLATT INC
Entity Central Index Key	0000058492
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		140,594,658

CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2012	Dec. 31, 2011
CURRENT ASSETS
Cash and cash equivalents	$ 254.5	$ 236.3
Accounts and other receivables, net	557.6	503.6
Inventories
Finished goods	292.7	261.3
Work in process	55.8	41.5
Raw materials and supplies	252.7	223.9
LIFO reserve	(83.6)	(85.7)
Total inventories, net	517.6	441.0
Other current assets	53.7	43.1
Total current assets	1,383.4	1,224.0
PROPERTY, PLANT AND EQUIPMENT-AT COST
Machinery and equipment	1,130.4	1,120.1
Buildings and other	614.1	608.5
Land	45.9	45.2
Total property, plant and equipment	1,790.4	1,773.8
Less accumulated depreciation	1,209.3	1,193.2
Net property, plant and equipment	581.1	580.6
OTHER ASSETS
Goodwill	976.6	926.6
Other intangibles, less accumulated amortization of $118.8 and $106.2 as of June 30, 2012 and December 31, 2011, respectively	209.1	116.6
Sundry	73.2	67.3
Total other assets	1,258.9	1,110.5
TOTAL ASSETS	3,223.4	2,915.1
CURRENT LIABILITIES
Current maturities of long-term debt	201.9	2.5
Accounts payable	320.2	256.6
Accrued expenses	223.3	209.6
Other current liabilities	118.7	117.3
Total current liabilities	864.1	586.0
LONG-TERM LIABILITIES
Long-term debt	821.0	833.3
Other long-term liabilities	130.9	130.3
Deferred income taxes	60.4	57.8
Total long-term liabilities	1,012.3	1,021.4
COMMITMENTS AND CONTINGENCIES
EQUITY
Common stock	2.0	2.0
Additional contributed capital	455.2	456.9
Retained earnings	2,055.6	2,027.4
Accumulated other comprehensive income	55.4	65.2
Treasury stock	(1,232.6)	(1,254.3)
Total Leggett & Platt, Inc. equity	1,335.6	1,297.2
Noncontrolling interest	11.4	10.5
Total equity	1,347.0	1,307.7
TOTAL LIABILITIES AND EQUITY	$ 3,223.4	$ 2,915.1

CONSOLIDATED CONDENSED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2012	Dec. 31, 2011
Other intangibles, accumulated amortization	$ 118.8	$ 106.2

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net sales	$ 938.8	$ 945.2	$ 1,885.6	$ 1,841.0
Cost of goods sold	751.6	763.3	1,520.1	1,489.1
Gross profit	187.2	181.9	365.5	351.9
Selling and administrative expenses	92.5	98.1	190.4	193.9
Amortization of intangibles	6.4	4.9	12.6	9.7
Other expense (income), net	2.1	(0.2)	1.7	(5.0)
Earnings from continuing operations before interest and income taxes	86.2	79.1	160.8	153.3
Interest expense	9.6	9.4	19.1	18.9
Interest income	1.6	2.3	3.3	3.8
Earnings from continuing operations before income taxes	78.2	72.0	145.0	138.2
Income taxes	15.2	16.5	37.5	36.4
Earnings from continuing operations	63.0	55.5	107.5	101.8
Earnings from discontinued operations (net of tax)	2.4		2.4
Net earnings	65.4	55.5	109.9	101.8
(Earnings) loss attributable to noncontrolling interest, net of tax	(0.5)	(0.8)	(1.0)	(2.1)
Net earnings attributable to Leggett & Platt, Inc. common shareholders	$ 64.9	$ 54.7	$ 108.9	$ 99.7
Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders
Basic	$ 0.43	$ 0.38	$ 0.74	$ 0.68
Diluted	0.43	0.37	0.73	0.67
Earnings per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders
Basic	0.02	0.00	0.02	0.00
Diluted	0.02	0.00	0.02	0.00
Net Earnings per share attributable to Leggett & Platt, Inc. common shareholders
Basic	0.45	0.38	0.76	0.68
Diluted	0.45	0.37	0.75	0.67
Cash dividends declared per share	$ 0.28	$ 0.27	$ 0.56	$ 0.54
Average shares outstanding
Basic	144.1	145.6	143.8	147.4
Diluted	145.4	147.4	145.3	149.1

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net earnings	$ 65.4	$ 55.5	$ 109.9	$ 101.8
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(23.6)	15.3	(7.4)	36.8
Cash flow hedges	(7.2)	(4.5)	(4.3)	(3.7)
Defined benefit pension plans	1.0	0.5	1.8	0.8
Other comprehensive income (loss)	(29.8)	11.3	(9.9)	33.9
Comprehensive income	35.6	66.8	100.0	135.7
Less: comprehensive (income) loss attributable to noncontrolling interest	(0.4)	(1.0)	(0.9)	(2.5)
Comprehensive income attributable to Leggett & Platt, Inc.	$ 35.2	$ 65.8	$ 99.1	$ 133.2

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

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- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
OPERATING ACTIVITIES
Net earnings	$ 109.9	$ 101.8
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation	45.1	50.6
Amortization	12.6	9.7
Provision for losses on accounts and notes receivable	3.5	5.4
Writedown of inventory	5.7	5.3
Asset impairment charges	1.0	3.4
Net gain from sales of assets and businesses	(2.6)	(8.8)
Deferred income tax (income) expense	(5.2)	7.4
Stock-based compensation	18.3	21.1
Other	4.7	(2.9)
Other changes, excluding effects from acquisitions and divestitures:
Increase in accounts and other receivables	(45.1)	(82.4)
Increase in inventories	(66.0)	(71.0)
Increase in other current assets	(3.9)	(1.8)
Increase in accounts payable	65.1	52.0
Increase in accrued expenses and other current liabilities	3.2	11.2
NET CASH PROVIDED BY OPERATING ACTIVITIES	146.3	101.0
INVESTING ACTIVITIES
Additions to property, plant and equipment	(37.3)	(37.8)
Purchases of companies, net of cash acquired	(189.8)	(4.7)
Proceeds from sales of assets and businesses	7.4	18.6
Maturity of short-term investments		22.8
Other	(5.8)	(1.9)
NET CASH USED FOR INVESTING ACTIVITIES	(225.5)	(3.0)
FINANCING ACTIVITIES
Additions to debt	216.1	98.4
Payments on debt	(36.4)	(14.3)
Dividends paid	(78.2)	(78.8)
Issuances of common stock	4.4	15.7
Purchases of common stock	(7.2)	(172.8)
Excess tax benefits from stock-based compensation	1.3	5.8
NET CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES	100.0	(146.0)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	(2.6)	6.8
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	18.2	(41.2)
CASH AND CASH EQUIVALENTS-January 1,	236.3	244.5
CASH AND CASH EQUIVALENTS-June 30,	$ 254.5	$ 203.3

INTERIM PRESENTATION

6 Months Ended

Jun. 30, 2012

INTERIM PRESENTATION

1. INTERIM PRESENTATION

The interim financial statements of Leggett & Platt, Incorporated (“we”, “us” or “our”) included herein have not been audited by an independent registered public accounting firm. The statements include all adjustments, including normal recurring accruals, which management considers necessary for a fair presentation of our financial position and operating results for the periods presented. We have prepared the statements pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in conformity with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. The operating results for interim periods are not necessarily indicative of results to be expected for an entire year.

The December 31, 2011 financial position data included herein was derived from the audited consolidated financial statements included in Form 10-K, but does not include all disclosures required by accounting principles generally accepted in the United States of America. For further information, refer to the financial statements and footnotes included in our annual report on Form 10-K for the year ended December 31, 2011.

NEW ACCOUNTING GUIDANCE	6 Months Ended
NEW ACCOUNTING GUIDANCE	Jun. 30, 2012
NEW ACCOUNTING GUIDANCE	2. NEW ACCOUNTING GUIDANCE The Financial Accounting Standards Board (FASB) has issued accounting guidance effective for current and future periods (that we have not yet adopted), but we do not believe any of the new guidance will have a material impact on our current or future financial statements.

INVENTORIES

6 Months Ended

Jun. 30, 2012

INVENTORIES

3. INVENTORIES

About 60% of our inventories are valued using the Last-In, First-Out (LIFO) cost method and the remainder using the First-In, First-Out (FIFO) cost method.

We calculate our LIFO reserve (the excess of FIFO cost over LIFO cost) on an annual basis. During interim periods, we estimate the current year annual change in the LIFO reserve (i.e., the annual LIFO expense or benefit) and allocate that change ratably to the four quarters. Because accurately predicting inventory prices for the year is difficult, the change in the LIFO reserve for the full year could be significantly different from the amount currently estimated. In addition, a variation in expected ending inventory levels could also impact total change in the LIFO reserve for the year. Any change in the annual LIFO estimate will be reflected in the remaining quarters.

The following table contains the LIFO (income) expense included in earnings for each of the periods presented.


	Six Months Ended June 30,					Three Months Ended June 30,
	2012			2011		2012			2011
LIFO (income) expense	$	(2.1	)	$	9.0	$	(2.6	)	$	3.5

SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2012

SEGMENT INFORMATION

4. SEGMENT INFORMATION

We have four operating segments that are generally focused on broad end-user markets for our diversified products.

•

Residential Furnishings—components for bedding, furniture and other furnishings, as well as related consumer products

•

Commercial Fixturing & Components—retail store fixtures, displays and components for office and institutional furnishings

•

Industrial Materials—drawn steel wire, specialty wire products, titanium and nickel tubing for the aerospace industry and welded steel tubing sold to trade customers as well as other Leggett segments

•

Specialized Products—automotive seating components, specialized machinery and equipment, and commercial vehicle interiors

Our reportable segments are the same as our operating segments, which also correspond with our management organizational structure. Each reportable segment has a senior operating vice-president that reports to the chief operating decision maker. The operating results and financial information reported through the segment structure are regularly reviewed and used by the chief operating decision maker to evaluate segment performance, allocate overall resources and determine management incentive compensation.

Separately, we also utilize a role-based approach (Grow, Core, Fix or Divest) as a supplemental management tool to ensure capital (which is a subset of the overall resources referred to above) is efficiently allocated within the reportable segment structure.

The accounting principles used in the preparation of the segment information are the same as those used for the consolidated financial statements, except that the segment assets and income reflect the FIFO basis of accounting for inventory. Certain inventories are accounted for using the LIFO basis in the consolidated financial statements. We evaluate performance based on earnings from operations before interest and income taxes (EBIT). Intersegment sales are made primarily at prices that approximate market-based selling prices. Centrally incurred costs are allocated to the segments based on estimates of services used by the segment. Certain of our general and administrative costs and miscellaneous corporate income and expenses are allocated to the segments based on sales. These allocated corporate costs include depreciation and other costs and income related to assets that are not allocated or otherwise included in the segment assets.

A summary of segment results from continuing operations are shown in the following tables.


	External Sales		Inter- Segment Sales		Total Sales		EBIT
Six Months ended June 30, 2012:
Residential Furnishings	$	963.0	$	4.3	$	967.3	$	80.2
Commercial Fixturing & Components		226.9		2.2		229.1		10.3
Industrial Materials		338.0		135.7		473.7		29.6
Specialized Products		357.7		23.5		381.2		43.8
Intersegment eliminations								(5.2	)
Change in LIFO reserve								2.1

	$	1,885.6	$	165.7	$	2,051.3	$	160.8

Six Months ended June 30, 2011:
Residential Furnishings	$	922.8	$	4.6	$	927.4	$	83.3
Commercial Fixturing & Components		265.1		2.7		267.8		15.7
Industrial Materials		311.8		127.6		439.4		27.6
Specialized Products		341.3		20.1		361.4		39.5
Intersegment eliminations								(3.8	)
Change in LIFO reserve								(9.0	)

	$	1,841.0	$	155.0	$	1,996.0	$	153.3

Three Months ended June 30, 2012:
Residential Furnishings	$	472.4	$	2.3	$	474.7	$	40.0
Commercial Fixturing & Components		113.7		1.2		114.9		3.1
Industrial Materials		170.5		65.5		236.0		17.8
Specialized Products		182.2		13.7		195.9		25.9
Intersegment eliminations								(3.2	)
Change in LIFO reserve								2.6

	$	938.8	$	82.7	$	1,021.5	$	86.2

Three Months ended June 30 , 2011:
Residential Furnishings	$	465.4	$	2.3	$	467.7	$	41.2
Commercial Fixturing & Components		137.3		1.5		138.8		7.5
Industrial Materials		166.3		62.8		229.1		13.6
Specialized Products		176.2		10.3		186.5		21.4
Intersegment eliminations								(1.1	)
Change in LIFO reserve								(3.5	)

	$	945.2	$	76.9	$	1,022.1	$	79.1

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 periods presented.


	June 30, 2012		December 31, 2011
Residential Furnishings	$	611.6	$	624.1
Commercial Fixturing & Components		156.2		176.1
Industrial Materials		236.4		218.1
Specialized Products		227.7		226.6
Average current liabilities included in segment numbers above		445.2		417.7
Assets held for sale		19.5		19.6
Unallocated assets (1)		1,462.5		1,328.3
Difference between average assets and period-end balance sheet		64.3		(95.4	)

Total assets	$	3,223.4	$	2,915.1

(1)	Primarily goodwill, other intangibles, cash and notes receivable

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

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Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

DISCONTINUED OPERATIONS

6 Months Ended

Jun. 30, 2012

DISCONTINUED OPERATIONS

5. DISCONTINUED OPERATIONS

In March 2007, we sold our Prime Foam Products Unit and reported the business as discontinued operations. This business was previously part of the Residential Furnishings segment and produced foam primarily used for cushioning by upholstered furniture and bedding manufacturers. During the second quarter of 2012, we received a litigation settlement related to this business as follows:


	Six Months Ended June 30,					Three Months Ended June 30,
	2012			2011		2012			2011
Earnings before interest and income taxes:
Residential Furnishings—Prime Foam Products Unit	$	3.9		$	—	$	3.9		$	—
Income tax expense		(1.5	)		—		(1.5	)		—

Earnings from discontinued operations (net of tax)	$	2.4		$	—	$	2.4		$	—

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
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-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760

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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1012-107759

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-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43-48
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

RESTRUCTURING

6 Months Ended

Jun. 30, 2012

RESTRUCTURING

6. RESTRUCTURING

We have historically implemented various cost reduction initiatives to improve our operating cost structures. These cost initiatives have, among other actions, included workforce reductions and the closure or consolidation of certain operations.

In December 2011, we adopted the 2011 Restructuring Plan, which included the closure of four underperforming manufacturing facilities. We incurred a $37 pre-tax (largely non-cash) charge in the 4^th quarter of 2011 primarily related to this plan, which included $31 of long-lived asset impairments and $6 of other restructuring-related costs. Approximately $1.5 in restructuring costs, and approximately $1 of long-lived asset impairments during the first six months of 2012 were related to this plan. We expect total 2012 restructuring and impairment costs for this plan to approximate $3, with plant closures complete by the end of the year.

Our total restructuring-related costs (excluding long-lived asset impairments) for the periods presented were comprised of:


	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012		2011
Charged to other expense (income), net:
Severance and other restructuring costs	$	4.4		$	2.2		$	2.9	$	1.0
(Gain) loss from sale of assets		(1.7	)		(.1	)		.1		(.2	)

Total restructuring and restructuring-related costs	$	2.7		$	2.1		$	3.0	$	.8

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References + Details

EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2012

EARNINGS PER SHARE

7. EARNINGS PER SHARE

Basic and diluted earnings per share were calculated as follows:


	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
Earnings:
Earnings from continuing operations	$	107.5		$	101.8		$	63.0		$	55.5
(Earnings) loss attributable to noncontrolling interest, net of tax		(1.0	)		(2.1	)		(.5	)		(.8	)

Net earnings from continuing operations attributable to Leggett & Platt, Inc. common shareholders	$	106.5		$	99.7		$	62.5		$	54.7
Earnings from discontinued operations, net of tax		2.4			—			2.4			—

Net earnings attributable to Leggett & Platt, Inc. common shareholders	$	108.9		$	99.7		$	64.9		$	54.7

Weighted average number of shares:
Weighted average number of common shares used in basic EPS		143.8			147.4			144.1			145.6
Additional dilutive shares principally from the assumed exercise of outstanding stock options		1.5			1.7			1.3			1.8

Weighted average number of common shares and dilutive potential common shares used in diluted EPS		145.3			149.1			145.4			147.4

Basic and Diluted EPS:
Basic EPS attributable to Leggett & Platt, Inc. common shareholders
Continuing operations	$	.74		$	.68		$	.43		$	.38
Discontinued operations		.02			—			.02			—

Basic EPS attributable to Leggett & Platt, Inc. common shareholders	$	.76		$	.68		$	.45		$	.38

Diluted EPS attributable to Leggett & Platt, Inc. common shareholders
Continuing operations	$	.73		$	.67		$	.43		$	.37
Discontinued operations		.02			—			.02			—

Diluted EPS attributable to Leggett & Platt, Inc. common shareholders	$	.75		$	.67		$	.45		$	.37

Other information:
Shares issuable under employee and non-employee stock options		11.5			11.6			11.5			11.6
Anti-dilutive shares excluded from diluted EPS computation		3.0			2.0			3.3			1.7

ACCOUNTS AND OTHER RECEIVABLES

6 Months Ended

Jun. 30, 2012

ACCOUNTS AND OTHER RECEIVABLES

8. ACCOUNTS AND OTHER RECEIVABLES

Accounts and other receivables consisted of the following:


	June 30, 2012						December 31, 2011
	Current			Long-term			Current			Long-term
Trade accounts receivable	$	530.9		$	—		$	461.3		$	—
Notes receivable:
Customer-related		.7			2.8			2.9			2.4
Notes received as partial payment for divestitures		.5			10.2			3.5			10.4
Other		3.5			1.8			3.4			2.3
Income tax receivables		6.8			—			29.1			—
Other receivables		34.8			—			27.7			—

Total accounts and other receivables		577.2			14.8			527.9			15.1
Allowance for doubtful accounts:
Trade accounts receivable		(19.2	)		—			(21.9	)		—
Notes receivable:
Customer-related		—			(.7	)		—			(.7	)
Notes received as partial payment for divestitures		—			(.8	)		(2.3	)		(.4	)
Other		(.4	)		(.6	)		(.1	)		(.6	)

Total allowance for doubtful accounts		(19.6	)		(2.1	)		(24.3	)		(1.7	)

Total net receivables	$	557.6		$	12.7		$	503.6		$	13.4

Notes are evaluated individually for impairment, and we had no significant impaired notes for the periods presented.

Our investment in notes that were past due more than 90 days was less than $2.0 at June 30, 2012 and less than $5.0 at December 31, 2011, of which approximately $1.0 and $4.0 had been placed on non-accrual status, respectively.

Activity related to the allowance for doubtful accounts is reflected below:


	Balance at December 31, 2011		2012 Charges		2012 Charge- offs, net of recoveries			Balance at June 30, 2012
Trade accounts receivable	$	21.9	$	2.5	$	(5.2	)	$	19.2
Notes receivable:
Customer-related		.7		—		—			.7
Notes received as partial payment for divestitures		2.7		.7		(2.6	)		.8
Other		.7		.3		—			1.0

	$	26.0	$	3.5	$	(7.8	)	$	21.7

STOCK-BASED COMPENSATION

6 Months Ended

Jun. 30, 2012

STOCK-BASED COMPENSATION

9. STOCK-BASED COMPENSATION

The following table recaps the components of stock-based compensation for each period presented:


	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Stock-based compensation expense:
Amortization of the grant date fair value of stock options (1)	$	3.2	$	3.6	$	.9	$	.8
Stock-based retirement plans contributions (2)		3.3		3.5		1.4		1.4
Discounts on various stock awards:
Deferred Stock Compensation Program		.6		.8		.1		.2
Stock-based retirement plans		.7		1.2		.2		.3
Discount Stock Plan		.5		.4		.3		.2
Performance Stock Unit awards (3)		3.3		3.6		1.6		1.8
Restricted Stock Unit awards		1.4		1.1		.6		.6
Other, primarily non-employee directors restricted stock		.4		.6		.2		.2

Total stock-based compensation expense		13.4		14.8		5.3		5.5
Employee contributions for above stock plans		4.9		6.3		2.5		2.3

Total stock-based compensation	$	18.3	$	21.1	$	7.8	$	7.8

Recognized tax benefits on stock-based compensation expense	$	5.1	$	5.6	$	2.0	$	2.1

(1)	Stock Option Grants

Our most significant stock options are granted annually on a discretionary basis to a broad group of employees.

We offer two different option choice programs. One group of employees is offered the choice to receive stock options or to receive a cash alternative being equal to approximately one-half of the Black-Scholes value of the option grant foregone. Another group of employees, generally higher level employees, are offered a choice between stock options or restricted stock units (RSUs), on a ratio of four options foregone for every one RSU offered. The RSUs vest in one-third increments at 12 months, 24 months and 36 months after the date of grant.

The following table summarizes fair values calculated (and assumptions utilized) using the Black-Scholes option pricing model for all options granted in the periods presented:


	Six Months Ended June 30,
	2012			2011
Options granted (in millions)		.9			1.0
Aggregate grant date fair value	$	4.0		$	4.9
Weighted-average per share grant date fair value	$	4.68		$	4.91
Risk-free interest rate		1.9	%		2.7	%
Expected life in years		7.2			7.1
Expected volatility (over expected life)		34.4	%		33.3	%
Expected dividend yield (over expected life)		4.8	%		4.7	%
Cash payments to employees elected in lieu of options	$	.3		$	.3

(2)	Stock-Based Retirement Plans

We have two stock-based retirement plans: the tax-qualified Stock Bonus Plan (SBP) for non-highly compensated employees, and the non-qualified Executive Stock Unit Program (ESUP) for highly compensated employees. We make matching contributions to both plans. In addition to the automatic 50% match, we will make another matching contribution of up to 50% of the employee’s contributions for the year if certain profitability levels as defined in the SBP and the ESUP are obtained.

SBP participants may direct their contributions into Company stock or several other investment options. Company matching contributions are invested in Company stock until the participant is vested. After vesting, the participant may re-direct company matching contributions into any of the investments offered under the plan.

Since April 1, 2011, ESUP participant contributions are credited to a diversified investment account consisting of various mutual funds and retirement target funds selected by the participant. At every bi-weekly contribution date, we add a premium contribution equal to 17.65% of the participant’s contribution to the diversified investment accounts. Participants may change investment elections in the diversified investment accounts, but cannot purchase Company common stock or stock units in these accounts. All company matching contributions are credited to participant’s accounts in the form of Company stock units. Participants may not diversify this portion of their accounts.

We have purchased investments intended to mirror the diversified investments selected by the participants that are a component of “Sundry” long-term assets in the accompanying Consolidated Condensed Balance Sheet. Investment experience of the actual funds, whether positive or negative, are eventually paid out in cash. All amounts deferred under this program are unfunded, unsecured obligations of the Company and are presented as a component of the “Other long-term liabilities” in the accompanying Consolidated Condensed Balance Sheet. Both the asset and liabilities associated with this program are presented in Note 13 and are adjusted to fair value at each reporting period.

(3)	Performance Stock Unit Awards

We also grant Performance Stock Unit (PSU) awards in the first quarter of each year to selected officers and other key managers. These awards contain the following conditions:

•

A service requirement—Awards generally “cliff” vest three years following the grant date; and

•

A market condition—Awards are based on our Total Shareholder Return [TSR = (Change in Stock Price + Dividends) / Beginning Stock Price] as compared to the TSR of a group of peer companies. The peer group consists of all the companies in the Industrial, Materials and Consumer Discretionary sectors of the S&P 500 and S&P Midcap 400 (approximately 320 companies). Participants will earn from 0% to 175% of the base award depending upon how our Total Shareholder Return ranks within the peer group at the end of the 3-year performance period.

Grant date fair values are calculated using a Monte Carlo simulation of stock and volatility data for Leggett and each of the comparator companies and are based upon assumptions similar to those used for stock options. Grant date fair values are amortized using the straight-line method over the three-year vesting period.

Below is a summary of the number of shares and related grant date fair value of PSU’s for the periods presented:


	Six Months Ended June 30,
	2012		2011
Total shares base award (in millions)		.3		.3
Grant date per share fair value	$	23.79	$	25.41

The three-year performance cycle of the 2009 award was completed on December 31, 2011. Our TSR performance, relative to the peer group, ranked at 51^st percentile; accordingly, participants earned 73.6% of the base award and ..4 million shares were distributed in January 2012.

Beginning with the 2010 award (that will be settled in 2013), thirty-five percent (35%) of awards will be paid out in cash. We intend to pay out the remaining sixty-five percent (65%) in shares of our common stock, although we reserve the right to pay up to one hundred percent (100%) in cash. The 35% portion is recorded as a liability and is adjusted to fair value at each reporting period.


	June 30, 2012		December 31, 2011
PSU liability to be settled in cash	$	3.1	$	3.1

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

ACQUISITIONS

6 Months Ended

Jun. 30, 2012

ACQUISITIONS

10. ACQUISITIONS

On January 12, 2012, we acquired 100% of Western Pneumatic Tube Holding, LLC (Western). Western is a leading provider of integral components for critical aircraft systems, and forms the new Aerospace Products business unit within the Tubing Group. Western specializes in fabricating thin-walled, large diameter, welded tubing and specialty formed products from titanium, nickel and other specialty materials for leading aerospace suppliers and OEMs. The cash purchase price of $188 was financed with proceeds from the sale of commercial paper notes under our existing commercial paper program.

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition during the periods presented, and any additional consideration paid for prior years’ acquisitions:


	Six Months Ended June 30,
	2012			2011
Accounts receivable	$	8.8		$	—
Inventory		18.9			.7
Property, plant and equipment		12.0			.9
Goodwill		54.3			1.4
Other intangible assets (average weighted amortization period of 16.5 years)		102.4			.1
Accounts payable and accrued liabilities		(6.8	)		(.3	)
Other assets and liabilities, net		.1			—
Additional consideration for prior year’s acquisitions		.1			1.9

Net cash consideration	$	189.8		$	4.7

The following table presents acquisitions for the periods presented. We are finalizing all of the information required to complete the purchase price allocations related to the most recent acquisitions and do not anticipate material modifications. Preliminary information used in the fair value assessments in the Western acquisition is primarily related to certain accruals and contingencies and the tax basis of assets acquired.


Six Months Ended	Number of Acquisitions		Segment		Product		Goodwill
Six Months Ended	Number of Acquisitions		Segment		Product		In Year of Acquisition		Adjustments to Prior Year Acquisitions		Total		Expected to Provide Income Tax Benefit
June 30, 2012		2		Industrial Materials		Tubing for the aerospace industry; Tube fabrication	$	54.3	$	—	$	54.3	$	54.3
June 30, 2011		1		Residential Furnishings		Furniture Hardware	$	1.4	$	—	$	1.4	$	1.4

Factors that contributed to a purchase price resulting in the recognition of goodwill included Western’s competitive position, and its fit with our strategy to seek businesses with secure, leading positions in growing, profitable, attractive markets.

The results of operations of the above acquired companies have been included in the consolidated financial statements since the dates of acquisition. While we expect future activity to be incremental to the Industrial Materials segment, the unaudited pro forma consolidated net sales, net earnings and earnings per share as though the 2012 acquisitions had occurred on January 1 of the prior period presented is not materially different from the amounts reflected in the accompanying financial statements.

Certain of our acquisition agreements provide for additional consideration to be paid in cash, at a later date and, are recorded as a liability at the acquisition date. At June 30, 2012, there is no substantial remaining consideration payable.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

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-Name Accounting Standards Codification
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-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

EMPLOYEE BENEFIT PLANS

6 Months Ended

Jun. 30, 2012

EMPLOYEE BENEFIT PLANS

11. EMPLOYEE BENEFIT PLANS

The following table provides interim information as to our domestic and foreign defined benefit pension plans. Expected 2012 employer contributions are not significantly different than the $7 previously reported at December 31, 2011.


	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
Components of net pension expense
Service cost	$	1.4		$	1.2		$	.7		$	.6
Interest cost		6.3			6.7			3.1			3.3
Expected return on plan assets		(7.3	)		(6.7	)		(3.6	)		(3.3	)
Recognized net actuarial loss		3.1			2.0			1.5			1.0

Net pension expense	$	3.5		$	3.2		$	1.7		$	1.6

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME

6 Months Ended

Jun. 30, 2012

STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME

12. STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME


	Six Months Ended June 30, 2012
	Total Equity			Retained Earnings			Common Stock & Additional Contributed Capital			Treasury Stock			Noncontrolling Interest			Accumulated Other Comprehensive Income
Beginning balance, January 1, 2012	$	1,307.7		$	2,027.4		$	458.9		$	(1,254.3	)	$	10.5		$	65.2
Net earnings		109.9			109.9			—			—			—			—
(Earnings) loss attributable to noncontrolling interest, net of tax		—			(1.0	)		—			—			1.0			—
Dividends declared		(78.6	)		(80.7	)		2.1			—			—			—
Treasury stock purchased		(9.0	)		—			—			(9.0	)		—			—
Treasury stock issued		11.4			—			(19.3	)		30.7			—			—
Foreign currency translation adjustments		(7.4	)		—			—			—			(.1	)		(7.3	)
Cash flow hedges, net of tax		(4.3	)		—			—			—			—			(4.3	)
Defined benefit pension plans, net of tax		1.8			—			—			—			—			1.8
Stock options and benefit plan transactions, net of tax		15.5			—			15.5			—			—			—

Ending balance, June 30, 2012	$	1,347.0		$	2,055.6		$	457.2		$	(1,232.6	)	$	11.4		$	55.4


	Six Months Ended June 30, 2011
	Total Equity			Retained Earnings			Common Stock & Additional Contributed Capital			Treasury Stock			Noncontrolling Interest		Accumulated Other Comprehensive Income
Beginning balance, January 1, 2011	$	1,524.4		$	2,033.3		$	465.2		$	(1,093.0	)	$	17.1	$	101.8
Net earnings		101.8			101.8			—			—			—		—
(Earnings) loss attributable to noncontrolling interest, net of tax		—			(2.1	)		—			—			2.1		—
Dividends declared		(77.4	)		(79.3	)		1.9			—			—		—
Treasury stock purchased		(177.5	)		—			—			(177.5	)		—		—
Treasury stock issued		26.1			—			(29.9	)		56.0			—		—
Foreign currency translation adjustments		36.8			—			—			—			.4		36.4
Cash flow hedges, net of tax		(3.7	)		—			—			—			—		(3.7	)
Defined benefit pension plans, net of tax		.8			—			—			—			—		.8
Stock options and benefit plan transactions, net of tax		23.4			—			23.4			—			—		—

Ending balance, June 30, 2011	$	1,454.7		$	2,053.7		$	460.6		$	(1,214.5	)	$	19.6	$	135.3

The following tables set forth the components of and changes in each component of accumulated other comprehensive income (loss) for each of the periods presented:


	Foreign Currency Translation Adjustments			Cash Flow Hedges			Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance January 1, 2012	$	147.6		$	(21.5	)	$	(60.9	)	$	65.2
Period change—Gross		(7.4	)		(7.0	)		2.9			(11.5	)
Period change—Attributable to noncontrolling interest		.1			—			—			.1
Period change—Income tax effect		—			2.7			(1.1	)		1.6

Balance June 30, 2012	$	140.3		$	(25.8	)	$	(59.1	)	$	55.4

Balance January 1, 2011	$	151.1		$	1.4		$	(50.7	)	$	101.8
Period change—Gross		36.8			(5.9	)		1.3			32.2
Period change—Attributable to noncontrolling interest		(.4	)		—			—			(.4	)
Period change—Income tax effect		—			2.2			(.5	)		1.7

Balance June 30, 2011	$	187.5		$	(2.3	)	$	(49.9	)	$	135.3

- Definition

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 4.E)
-URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 10: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section B
-Paragraph 7, 11A
-Chapter 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph d
-Article 4

Reference 18: http://www.xbrl.org/2003/role/presentationRef
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-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5

Reference 19: http://www.xbrl.org/2003/role/presentationRef
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Article 4

Reference 21: http://www.xbrl.org/2003/role/presentationRef
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 2, 3, 4, 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 23: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

FAIR VALUE

6 Months Ended

Jun. 30, 2012

FAIR VALUE

13. FAIR VALUE

Fair value measurements are established using a three level valuation hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into the following categories:

•

Level 1: Quoted prices for identical assets or liabilities in active markets.

•

Level 2: Inputs other than quoted prices included in Level 1 that are observable for the asset or liability either directly or indirectly. Short-term investments in this category are valued using discounted cash flow techniques with all significant inputs derived from or corroborated by observable market data. Derivative assets and liabilities in this category are valued using models that consider various assumptions and information from market-corroborated sources. The models used are primarily industry-standard models that consider items such as quoted prices, market interest rate curves applicable to the instruments being valued as of the end of each period, discounted cash flows, volatility factors, current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace.

•

Level 3: Unobservable inputs that are not corroborated by market data.

Items measured at fair value on a recurring basis


	As of June 30, 2012
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Bank time deposits with original maturities of three months or less	$	—	$	112.5	$	—	$	112.5
Derivative assets		—		.5		—		.5
Diversified investments associated with the ESUP		5.2		—		—		5.2

Total assets	$	5.2	$	113.0	$	—	$	118.2

Liabilities:
Derivative liabilities	$	1.5	$	42.8	$	—	$	44.3
Liabilities associated with the ESUP		5.2		—		—		5.2

Total liabilities	$	6.7	$	42.8	$	—	$	49.5


	As of December 31, 2011
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Bank time deposits with original maturities of three months or less	$	—	$	111.8	$	—	$	111.8
Derivative assets		—		3.2		—		3.2
Diversified investments associated with the ESUP		2.5		—		—		2.5

Total assets	$	2.5	$	115.0	$	—	$	117.5

Liabilities:
Derivative liabilities	$	2.2	$	34.8	$	—	$	37.0
Liabilities associated with the ESUP		2.5		—		—		2.5

Total liabilities	$	4.7	$	34.8	$	—	$	39.5

The fair value for fixed rate debt (Level 2) was greater than its $730.0 carrying value by $47.2 at June 30, 2012 and greater than its $730.0 carrying value by $29.2 at December 31, 2011. We value this debt using discounted cash flow and secondary market rates provided by Bloomberg.

Items measured at fair value on a non-recurring basis

The primary areas in which we use fair value measurements of non-financial assets and liabilities are allocating purchase price to the assets and liabilities of acquired companies and evaluating long-term assets for potential impairment.

Goodwill

We perform an annual review for potential goodwill impairment in June of each year and as triggering events occur. The goodwill impairment review performed in June 2012 indicated no goodwill impairments.

The ten reporting units for goodwill purposes are one level below the operating segments, and are the same as the business groups disclosed in Item 1. Business in Form 10-K. Fair market values of the reporting units are estimated using a discounted cash flow model and comparable market values for similar entities using price to earnings ratios. Key assumptions and estimates used in the cash flow model include discount rate, internal sales growth, margins, capital expenditure requirements, and working capital requirements. Recent performance of the reporting unit is an important factor, but not the only factor, in the assessment. If actual results differ from estimates used in these calculations, we could incur future impairment charges.

Reporting units’ fair values in relation to their respective carrying values and significant assumptions used in the June 2012 review are presented in the table below. The 10-25% category below includes information for one reporting unit (Fixture & Display). The fair value of this unit exceeded its book value by 10% at June 30, 2012.


Percentage of fair value in excess of carrying value	June 30, 2012 goodwill value		Sales 10-year compound annual growth rate range	Terminal values long- term growth rate	Discount rate ranges
10-25%	$	110.1	3.9%	3%	11.0%
25%+		866.5	1.4% -6.4%	3%	7.5% - 9.5%

	$	976.6	1.4% - 6.4%	3%	7.5% - 11.0%

Fixed Assets

We test long-lived assets for recoverability at year-end and whenever events or changes in circumstances indicate the carrying value may not be recoverable. The table below summarizes fixed asset impairments for the periods presented.


	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Total asset impairments	$	1.0	$	3.4	$	.9	$	.4

2012 impairments costs were primarily associated with the 2011 Restructuring Plan as discussed in Note 6. Fair value and the resulting impairment charges were based primarily upon offers from potential buyers or third party estimates of fair value less selling costs.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
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-Paragraph 2
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+ Details

RISK MANAGEMENT AND DERIVATIVE FINANCIAL INSTRUMENTS

6 Months Ended

Jun. 30, 2012

RISK MANAGEMENT AND DERIVATIVE FINANCIAL INSTRUMENTS

14. RISK MANAGEMENT AND DERIVATIVE FINANCIAL INSTRUMENTS

Risk Management Strategy & Objectives

We are subject to market and financial risks related to interest rates, foreign currency, and commodities. In the normal course of business, we utilize derivative instruments (individually or in combinations) to manage these risks. We seek to use derivative contracts that qualify for hedge accounting treatment; however, some instruments may not qualify for this treatment. It is our policy not to speculate using derivative instruments.

We have recorded the following assets and liabilities representing the fair value for our most significant derivative financial instruments. The fair values of the derivatives reflect the change in the market value of the derivative from the date of the trade execution, and do not consider the offsetting underlying hedged item.


	Total USD Equivalent Notional Amount		As of June 30, 2012
			Assets				Liabilities
			Other Current Assets		Sundry		Other Current Liabilities		Other Long-Term Liabilities
Derivatives designated as hedging instruments
Cash flow hedges:
Commodity hedges	$	4.4	$	—	$	—	$	1.3	$	.2
Interest rate hedges		200.0		—		—		40.6		—
Currency Hedges:
- Future USD sales of Canadian subsidiaries		29.9		.1		—		.2		—
- Future USD cost of goods sold of Canadian subsidiaries		4.1		.2		—		—		—
- Future USD cost of goods sold of European subsidiary		6.3		.2		—		—		—

Total cash flow hedges				.5		—		42.1		.2
Fair value hedges:
USD inter-company note receivable on a Canadian subsidiary		11.5		—		—		.2		—
USD inter-company note receivables on a Swiss subsidiary		14.5		—		—		1.8		—

Total fair value hedges				—		—		2.0		—

			$	.5	$	—	$	44.1	$	.2


	Total USD Equivalent Notional Amount		As of December 31, 2011
			Assets				Liabilities
			Other Current Assets		Sundry		Other Current Liabilities		Other Long-Term Liabilities
Derivatives designated as hedging instruments
Cash flow hedges:
Commodity hedges	$	6.2	$	—	$	—	$	1.9	$	.3
Interest rate hedges		200.0		—		—		32.4		—
Currency hedges—Future USD cost of goods sold of Canadian subsidiaries		7.6		.5		—		—		—
-Future USD sales of a Chinese subsidiary		44.1		.1		—		—		—
-Future MXP cost of goods sold of a US subsidiary		1.1		—		—		.1		—
-Future EUR cost of goods sold of a US branch		1.6		—		—		.1		—
-Future USD sales of Canadian subsidiaries		33.4		.1		—		.5		—

Total cash flow hedges				.7		—		35.0		.3
Fair value hedges:
USD inter-company note receivable on a Canadian subsidiary		11.5		—		—		.1		—
USD inter-company note receivable on a Switzerland subsidiary		14.5		—		—		1.6		—

Total fair value hedges				—		—		1.7		—
Derivatives not designated as hedging instruments
Hedge of EUR inter-company note receivable from a European subsidiary		28.0		2.5		—		—		—

			$	3.2	$	—	$	36.7	$	.3

Cash Flow Hedges

Derivative financial instruments that we use to hedge forecasted transactions and anticipated cash flows are as follows:

•

Commodity Cash Flow Hedges—The commodity cash flow hedges manage natural gas commodity price risk. All commodity hedges at June 30, 2012 had maturities of less than two years. We are no longer hedging our commodity price risk so these hedges will continue to get smaller until all of the current hedges expire.

•

Interest Rate Cash Flow Hedges—In anticipation of long-term debt maturing in April 2013, we entered into forward starting interest swaps in 2010. The swap contracts manage benchmark interest rate risk associated with $200 of planned debt issuance in August 2012. The swaps have a weighted average interest rate of 4.0% and hedge the benchmark rate of an expected issuance of $200 of debt. The credit spread over the benchmark bonds will continue to fluctuate until the time of issuance.

•

Currency Cash Flow Hedges—The currency hedges manage risk associated with exchange rate volatility of various foreign currencies. The currency cash flow hedges outstanding at June 30, 2012 had maturity dates within two years.

The effective changes in fair value of unexpired contracts are recorded in accumulated other comprehensive income and reclassified to income or expense in the period in which earnings are impacted and are presented as operating cash flows when the contracts are settled.

Fair Value Hedges

Our fair value hedges manage foreign currency risk associated with subsidiaries’ inter-company assets and liabilities. Hedges designated as fair value hedges recognize gain or loss currently in earnings and are presented as operating cash flows when the contracts are settled. These fair value hedges generally have a maturity date within one year.

Hedge Effectiveness

We have deemed all ineffectiveness to be immaterial, and as a result, have not recorded any amounts for ineffectiveness. If a hedge was not highly effective, the portion of the change in fair value considered to be ineffective would be recognized immediately in the consolidated condensed statements of operations.

Derivatives Not Qualifying for Hedge Accounting Treatment

At December 31, 2011, we had derivative transactions that did not qualify for hedge accounting treatment. Gains or losses on these transactions are recorded directly to income and expense in the period impacted, and offset the majority of gains and losses on the underlying Euro inter-company debt.

The following table sets forth the pre-tax gains (losses) from continuing operations for our hedging activities for the years presented. This schedule includes reclassifications from accumulated other comprehensive income as well as derivative settlements recorded directly to income or expense.


	Income Statement Caption	Amount of Gain (Loss) Recorded in Income Six Months Ended June 30						Amount of Gain (Loss) Recorded in Income Three Months Ended June 30
	Income Statement Caption	2012			2011			2012			2011
Derivatives designated as hedging instruments
Commodity cash flow hedges	Cost of goods sold	$	(1.5	)	$	(.6	)	$	(.7	)	$	(.2	)
Currency cash flow hedges	Net Sales		.2			.2			.1			.1
Currency cash flow hedges	Cost of goods sold		.2			—			.2			—
Currency cash flow hedges	Other expense (income), net		(.1	)		—			—			—

Total cash flow hedges			(1.2	)		(.4	)		(.4	)		(.1	)
Fair value hedges	Other expense (income), net		—			(.2	)		(.6	)		(.2	)
Derivatives not designated as hedging instruments
Hedge of EUR cash—UK subsidiary	Other expense (income), net		—			(.1	)		—			(.1	)
Hedge of EUR inter-company note receivable- European subsidiary	Other expense (income), net		.8			(2.1	)		1.4			(.6	)
Hedge of EUR inter-company note receivable- European subsidiary	Interest expense		(.1	)		(.1	)		(.1	)		—

Total derivative instruments		$	(.5	)	$	(2.9	)	$	.3		$	(1.0	)

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

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+ Details

CONTINGENCIES

6 Months Ended

Jun. 30, 2012

CONTINGENCIES

15. CONTINGENCIES

We are a defendant in various proceedings involving employment, antitrust, intellectual property, environmental, taxation and other laws. When it is probable, in management’s judgment, that we may incur monetary damages or other costs resulting from these proceedings or other claims, and we can reasonably estimate the amounts, we record appropriate liabilities in the financial statements and make charges against earnings. For all periods presented, we have recorded no material charges against earnings, and the total liabilities recorded are not material to our financial position.

Shareholder Derivative Lawsuit

On August 10, 2010, a shareholder derivative suit was filed by the New England Carpenters Pension Fund in the Circuit Court of Jasper County, Missouri as Case No. 10AO-CC00284 (“2010 Suit”). The 2010 Suit was substantially similar to a prior suit filed by the same plaintiff, in the same court, on February 5, 2009 (“2009 Suit”). The 2009 Suit was dismissed without prejudice based on the plaintiff’s failure to make demand on our Board and shareholders. As before, the plaintiff did not make such demand. On April 6, 2011, the 2010 Suit was dismissed without prejudice. On May 12, 2011, the plaintiff filed an appeal to the Missouri Court of Appeals. On January 17, 2012 plaintiff filed its appellate brief, and we filed our brief on March 21, 2012. Oral argument is expected to occur in the fall of 2012.

The 2010 Suit was purportedly brought on our behalf, naming us as a nominal defendant, and certain current and former officers and directors as individual defendants including David S. Haffner, Karl G. Glassman, Matthew C. Flanigan, Ernest C. Jett, Harry M. Cornell, Jr., Felix E. Wright, Robert Ted Enloe, III, Richard T. Fisher, Judy C. Odom, Maurice E. Purnell, Jr., Ralph W. Clark and Michael A. Glauber.

The plaintiff alleged, among other things, that the individual defendants: breached their fiduciary duties; backdated and received backdated stock options violating our stock plans; caused or allowed us to issue false and misleading financial statements and proxy statements; sold our stock while possessing material non-public information; committed gross mismanagement; wasted corporate assets; committed fraud; violated the Missouri Securities Act; and were unjustly enriched.

The plaintiff was seeking, among other things: unspecified monetary damages against the individual defendants; certain equitable and other relief relating to the profits from the alleged improper conduct; the adoption of certain corporate governance proposals; the imposition of a constructive trust over the defendants’ stock options and proceeds; punitive damages; the rescission of certain unexercised options; and the reimbursement of litigation costs. The plaintiff was not seeking monetary relief from us. We have director and officer liability insurance in force subject to customary limits and exclusions.

We and the individual defendants filed motions to dismiss the 2010 Suit in late October 2010, asserting: the plaintiff failed to make demand on our Board and shareholders as required by Missouri law, and, consistent with the Court’s ruling in the 2009 Suit, this failure to make demand should not be excused; the plaintiff is not a representative shareholder; the 2010 Suit was based on a statistical analysis of stock option grants and our stock prices that we believe was flawed; the plaintiff failed to state a substantive claim; the common law fraud claim was not pled with sufficient particularity; and the statute of limitations has expired on the fraud claim and all the alleged challenged grants except the December 30, 2005 grant. As to this grant, the motions to dismiss advised the Court that it was made under our Deferred Compensation Program, which (i) provided that options would be dated on the last business day of December, and (ii) was filed with the SEC on December 2, 2005 setting out the pricing mechanism well before the grant date.

We do not expect that the outcome of this matter will have a material adverse effect on our financial condition, operating cash flows or results of operations.

Antitrust Lawsuits

Beginning in August 2010, a series of civil lawsuits was initiated in several U.S. federal courts and in Canada against over 20 defendants alleging that competitors of our carpet underlay business unit and other manufacturers of polyurethane foam products had engaged in price fixing in violation of U.S. and Canadian antitrust laws.

A number of these lawsuits have been voluntarily dismissed without prejudice. Of the U.S. cases remaining, we have been named as a defendant in (a) three direct purchaser class action cases (the first on November 15, 2010) and a consolidated amended class action complaint filed on February 28, 2011 on behalf of a class of all direct purchasers of polyurethane foam products; (b) an indirect purchaser class consolidated amended complaint filed on March 21, 2011 (although the underlying lawsuits do not name us as a defendant); and an indirect purchaser class action case filed on May 23, 2011; and (c) 29 individual direct purchaser cases, (i) one filed March 22, 2011, (ii) another amended August 24, 2011 to remove class allegations, (iii) one amended August 25, 2011 to name us as a defendant, (iv) three others filed October 31, 2011, (v) one filed November 4, 2011, (vi) three filed December 6, 19 and 30, respectively, (vii) one filed January 27, 2012, (viii) five filed March 19, 2012, (ix) one amended March 30, 2012 to name us as a defendant, (x) one filed April 27, 2012, (xi) three filed April 30, 2012, (xii) two filed May 11, 2012, (xiii) one filed May 17, 2012, (xiv) four filed May 25, 2012, and (xv) one filed June 12, 2012. All of the pending U.S. cases in which we have been named as a defendant, have been filed in or have been transferred to the U.S. District Court for the Northern District of Ohio under the name In re: Polyurethane Foam Antitrust Litigation, Case No. 1:10-MD-02196.

In the U.S. actions, the plaintiffs, on behalf of themselves and/or a class of purchasers, seek three times the amount of unspecified damages allegedly suffered as a result of alleged overcharges in the price of polyurethane foam products from at least 1999 to the present. Each plaintiff also seeks attorney fees, pre-judgment and post-judgment interest, court costs, and injunctive relief against future violations. On April 15 and May 6, 2011, we filed motions to dismiss the U.S. direct purchaser and indirect purchaser class actions in the consolidated case in Ohio, for failure to state a legally valid claim. On July 19, 2011, the Ohio Court denied the motions to dismiss. Discovery is underway in the U.S. actions.

We have been named in two Canadian class action cases (for direct and indirect purchasers of polyurethane foam products), both under the name Hi Neighbor Floor Covering Co. Limited and Hickory Springs Manufacturing Company, et.al. in the Ontario Superior Court of Justice (Windsor), Court File Nos. CV-10-15164 (amended November 2, 2011) and CV-11-17279 (issued December 30, 2011). In each of the Canadian cases, the plaintiffs, on behalf of themselves and/or a class of purchasers, seek from over 15 defendants restitution of the amount allegedly overcharged, general and special damages in the amount of $100, punitive damages of $10, pre-judgment and post-judgment interest, and the costs of the investigation and the action. We are not yet required to file our defenses in the Canadian actions. In addition, on July 10, 2012, plaintiff in a class action case (for direct and indirect purchasers of polyurethane foam products) styled Option Consommateurs and Karine Robillard v. Produits Vitafoam Canada Limitée, et. al. in the Quebec Superior Court of Justice (Montréal), Court File No. 500-06-00524-104, filed an amended motion for authorization seeking to add us and other manufacturers of polyurethane foam products as defendants in this case.

On June 22, 2012, we were also made party to a lawsuit brought in the 16^th Judicial Circuit Court, Jackson County, Missouri, Case Number 1216-CV15179 under the caption “Dennis Baker, on Behalf of Himself and all Others Similarly Situated vs. Leggett & Platt, Incorporated – Polyurethane Foam Class Action.” The plaintiff, on behalf of himself and/or a class of indirect purchasers of polyurethane foam products in the State of Missouri, alleged that we violated the Missouri Merchandising Practices Act based upon our alleged illegal price inflation of flexible polyurethane foam products. The plaintiffs seek unspecified actual damages, punitive damages and the recovery of reasonable attorney fees. We have not yet filed our response to this action.

We deny all of the allegations in all of these actions and will vigorously defend ourselves. This contingency is subject to many uncertainties. Therefore, based on the information available to date, we cannot estimate the amount or range of potential loss, if any.

Brazilian Value-Added Tax Matters

On December 22, 2011, the Brazilian Finance Ministry, Federal Revenue Office issued a notice of violation against our wholly-owned subsidiary, Leggett & Platt do Brasil Ltda. (“L&P Brazil”) in the amount of approximately $4, under Case No. 10855.724660/2011-43. The Brazilian Revenue Office claimed that for the period beginning November 2006 and continuing through December 2007, L&P Brazil used an incorrect tariff code for the collection and payment of value-added tax primarily on the sale of mattress innerspring units in Brazil. The Brazilian Revenue Office has communicated that it will likely expand the audit to the tax years 2008 through January 2011. As a result, it is possible that we may receive an additional notice of violation on the same subject matter. L&P Brazil responded to the notice of violation on January 25, 2012 denying the violation.

In addition, L&P Brazil received assessments in July 2012 from the Brazilian Revenue Office where the Revenue Office challenged L&P Brazil’s use of certain tax credits in the years 2008 through 2010. Such credits are generated based upon the tariff classification and rate used by L&P Brazil for value-added tax on the sale of mattress innersprings. Combined with prior assessments, L&P Brazil has received assessments totaling approximately $1 on the same or similar denial of tax credit matters.

L&P Brazil is also party to a proceeding involving the State of Sao Paulo, Brazil where the State of Sao Paulo, on April 16, 2009, issued a Notice of Tax Assessment and Imposition of Fine to L&P Brazil seeking approximately $3.3 for the tax years 2006 and 2007. The State of Sao Paulo argued that L&P Brazil was using an incorrect tax rate for the collection and payment of value-added tax on sales of mattress innerspring units in the State of Sao Paulo. On September 29, 2010, the Court of Tax and Fees of the State of Sao Paulo ruled in favor of L&P Brazil nullifying the tax assessment. The State filed a special appeal and the Special Appeals court remanded the case back to the Court of Tax and Fees for further findings.

We deny all of the allegations in these actions. We believe that we have valid bases upon which to contest such actions and will vigorously defend ourselves. However, these contingencies are subject to many uncertainties. At this time, we do not believe it is probable that this matter will have a material adverse effect on our financial condition, operating cash flows or results of operations.

Patent Infringement Claim

On January 24, 2012, in a case in the United States District Court for the Central District of California, the jury entered a verdict against us in the amount of $5 based upon an allegation by plaintiff that we infringed three patents on an automatic stapling machine and on methods used to assemble box springs. This action was originally filed on October 4, 2010, as case number CV10-07416 RGK (SSx) under the caption Imaginal Systematic, LLC v. Leggett & Platt, Incorporated; Simmons Bedding Company; and Does 1 through 10, inclusive. Leggett is contractually obligated to defend and indemnify Simmons Bedding Company against a claim for infringement.

On summary judgment motions, we unsuccessfully disputed each patent’s validity and denied that we infringed any patent. At the jury trial on damages issues, the plaintiff alleged damages of $16.2. The plaintiff might also request royalties for post-verdict use of the machines. We intend to object to such request. At a bench trial, the court denied plaintiff’s attempt to win triple damages and attorney fees.

On April 9, 2012 we appealed the case to the Federal Circuit Court of Appeals and believe we have valid bases upon which to appeal. We do not believe that it is probable that the judgment will be upheld on appeal in its current form.

We also filed reexamination proceedings in the Patent Office (Case Nos. 95/001,543 filed February 11, 2011; 95/001,546 and 95/001,547 filed February 16, 2011), challenging the validity of each patent at issue. The Patent Office examiner twice ruled in our favor on the pertinent claims of one of the three patents. (Plaintiff has yet to appeal.) The Patent Office examiner initially ruled in our favor on the pertinent claims of the second patent, but subsequently reversed that decision. We appealed this reversal. With respect to the third patent, we appealed the Patent Office examiner’s decision upholding validity; however, due to a change made to all of the machines we do not believe that the machines currently use the feature alleged to have infringed the third patent.

At this time, we do not believe it is probable that this matter will have a material adverse effect on our financial condition, operating cash flows or results of operations.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2012

LIFO Expense

The following table contains the LIFO (income) expense included in earnings for each of the periods presented.


	Six Months Ended June 30,					Three Months Ended June 30,
	2012			2011		2012			2011
LIFO (income) expense	$	(2.1	)	$	9.0	$	(2.6	)	$	3.5

SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2012

Summary of Segment Results from Continuing Operations

A summary of segment results from continuing operations are shown in the following tables.


	External Sales		Inter- Segment Sales		Total Sales		EBIT
Six Months ended June 30, 2012:
Residential Furnishings	$	963.0	$	4.3	$	967.3	$	80.2
Commercial Fixturing & Components		226.9		2.2		229.1		10.3
Industrial Materials		338.0		135.7		473.7		29.6
Specialized Products		357.7		23.5		381.2		43.8
Intersegment eliminations								(5.2	)
Change in LIFO reserve								2.1

	$	1,885.6	$	165.7	$	2,051.3	$	160.8

Six Months ended June 30, 2011:
Residential Furnishings	$	922.8	$	4.6	$	927.4	$	83.3
Commercial Fixturing & Components		265.1		2.7		267.8		15.7
Industrial Materials		311.8		127.6		439.4		27.6
Specialized Products		341.3		20.1		361.4		39.5
Intersegment eliminations								(3.8	)
Change in LIFO reserve								(9.0	)

	$	1,841.0	$	155.0	$	1,996.0	$	153.3

Three Months ended June 30, 2012:
Residential Furnishings	$	472.4	$	2.3	$	474.7	$	40.0
Commercial Fixturing & Components		113.7		1.2		114.9		3.1
Industrial Materials		170.5		65.5		236.0		17.8
Specialized Products		182.2		13.7		195.9		25.9
Intersegment eliminations								(3.2	)
Change in LIFO reserve								2.6

	$	938.8	$	82.7	$	1,021.5	$	86.2

Three Months ended June 30 , 2011:
Residential Furnishings	$	465.4	$	2.3	$	467.7	$	41.2
Commercial Fixturing & Components		137.3		1.5		138.8		7.5
Industrial Materials		166.3		62.8		229.1		13.6
Specialized Products		176.2		10.3		186.5		21.4
Intersegment eliminations								(1.1	)
Change in LIFO reserve								(3.5	)

	$	945.2	$	76.9	$	1,022.1	$	79.1

Average Assets for Segments


	June 30, 2012		December 31, 2011
Residential Furnishings	$	611.6	$	624.1
Commercial Fixturing & Components		156.2		176.1
Industrial Materials		236.4		218.1
Specialized Products		227.7		226.6
Average current liabilities included in segment numbers above		445.2		417.7
Assets held for sale		19.5		19.6
Unallocated assets (1)		1,462.5		1,328.3
Difference between average assets and period-end balance sheet		64.3		(95.4	)

Total assets	$	3,223.4	$	2,915.1

(1)	Primarily goodwill, other intangibles, cash and notes receivable

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2012

Results From Discontinued Operations And Activity Directly Related To Divestitures

upholstered furniture and bedding manufacturers. During the second quarter of 2012, we received a litigation settlement related to this business as follows:


	Six Months Ended June 30,					Three Months Ended June 30,
	2012			2011		2012			2011
Earnings before interest and income taxes:
Residential Furnishings—Prime Foam Products Unit	$	3.9		$	—	$	3.9		$	—
Income tax expense		(1.5	)		—		(1.5	)		—

Earnings from discontinued operations (net of tax)	$	2.4		$	—	$	2.4		$	—

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details

RESTRUCTURING (Tables)

6 Months Ended

Jun. 30, 2012

Summary of Restructuring-Related Costs

Our total restructuring-related costs (excluding long-lived asset impairments) for the periods presented were comprised of:


	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012		2011
Charged to other expense (income), net:
Severance and other restructuring costs	$	4.4		$	2.2		$	2.9	$	1.0
(Gain) loss from sale of assets		(1.7	)		(.1	)		.1		(.2	)

Total restructuring and restructuring-related costs	$	2.7		$	2.1		$	3.0	$	.8

EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2012

Calculation of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated as follows:


	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
Earnings:
Earnings from continuing operations	$	107.5		$	101.8		$	63.0		$	55.5
(Earnings) loss attributable to noncontrolling interest, net of tax		(1.0	)		(2.1	)		(.5	)		(.8	)

Net earnings from continuing operations attributable to Leggett & Platt, Inc. common shareholders	$	106.5		$	99.7		$	62.5		$	54.7
Earnings from discontinued operations, net of tax		2.4			—			2.4			—

Net earnings attributable to Leggett & Platt, Inc. common shareholders	$	108.9		$	99.7		$	64.9		$	54.7

Weighted average number of shares:
Weighted average number of common shares used in basic EPS		143.8			147.4			144.1			145.6
Additional dilutive shares principally from the assumed exercise of outstanding stock options		1.5			1.7			1.3			1.8

Weighted average number of common shares and dilutive potential common shares used in diluted EPS		145.3			149.1			145.4			147.4

Basic and Diluted EPS:
Basic EPS attributable to Leggett & Platt, Inc. common shareholders
Continuing operations	$	.74		$	.68		$	.43		$	.38
Discontinued operations		.02			—			.02			—

Basic EPS attributable to Leggett & Platt, Inc. common shareholders	$	.76		$	.68		$	.45		$	.38

Diluted EPS attributable to Leggett & Platt, Inc. common shareholders
Continuing operations	$	.73		$	.67		$	.43		$	.37
Discontinued operations		.02			—			.02			—

Diluted EPS attributable to Leggett & Platt, Inc. common shareholders	$	.75		$	.67		$	.45		$	.37

Other information:
Shares issuable under employee and non-employee stock options		11.5			11.6			11.5			11.6
Anti-dilutive shares excluded from diluted EPS computation		3.0			2.0			3.3			1.7

ACCOUNTS AND OTHER RECEIVABLES (Tables)

6 Months Ended

Jun. 30, 2012

Components of Accounts and Other Receivables

Accounts and other receivables consisted of the following:


	June 30, 2012						December 31, 2011
	Current			Long-term			Current			Long-term
Trade accounts receivable	$	530.9		$	—		$	461.3		$	—
Notes receivable:
Customer-related		.7			2.8			2.9			2.4
Notes received as partial payment for divestitures		.5			10.2			3.5			10.4
Other		3.5			1.8			3.4			2.3
Income tax receivables		6.8			—			29.1			—
Other receivables		34.8			—			27.7			—

Total accounts and other receivables		577.2			14.8			527.9			15.1
Allowance for doubtful accounts:
Trade accounts receivable		(19.2	)		—			(21.9	)		—
Notes receivable:
Customer-related		—			(.7	)		—			(.7	)
Notes received as partial payment for divestitures		—			(.8	)		(2.3	)		(.4	)
Other		(.4	)		(.6	)		(.1	)		(.6	)

Total allowance for doubtful accounts		(19.6	)		(2.1	)		(24.3	)		(1.7	)

Total net receivables	$	557.6		$	12.7		$	503.6		$	13.4

Allowance for Doubtful Accounts

Activity related to the allowance for doubtful accounts is reflected below:


	Balance at December 31, 2011		2012 Charges		2012 Charge- offs, net of recoveries			Balance at June 30, 2012
Trade accounts receivable	$	21.9	$	2.5	$	(5.2	)	$	19.2
Notes receivable:
Customer-related		.7		—		—			.7
Notes received as partial payment for divestitures		2.7		.7		(2.6	)		.8
Other		.7		.3		—			1.0

	$	26.0	$	3.5	$	(7.8	)	$	21.7

STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2012

Components of Stock-Based Compensation

The following table recaps the components of stock-based compensation for each period presented:


	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Stock-based compensation expense:
Amortization of the grant date fair value of stock options (1)	$	3.2	$	3.6	$	.9	$	.8
Stock-based retirement plans contributions (2)		3.3		3.5		1.4		1.4
Discounts on various stock awards:
Deferred Stock Compensation Program		.6		.8		.1		.2
Stock-based retirement plans		.7		1.2		.2		.3
Discount Stock Plan		.5		.4		.3		.2
Performance Stock Unit awards (3)		3.3		3.6		1.6		1.8
Restricted Stock Unit awards		1.4		1.1		.6		.6
Other, primarily non-employee directors restricted stock		.4		.6		.2		.2

Total stock-based compensation expense		13.4		14.8		5.3		5.5
Employee contributions for above stock plans		4.9		6.3		2.5		2.3

Total stock-based compensation	$	18.3	$	21.1	$	7.8	$	7.8

Recognized tax benefits on stock-based compensation expense	$	5.1	$	5.6	$	2.0	$	2.1

(1)	Stock Option Grants

(2)	Stock-Based Retirement Plans

(3)	Performance Stock Unit Awards

Calculation and Assumptions Utilized in Calculation of Fair Values of Options Granted

The following table summarizes fair values calculated (and assumptions utilized) using the Black-Scholes option pricing model for all options granted in the periods presented:


	Six Months Ended June 30,
	2012			2011
Options granted (in millions)		.9			1.0
Aggregate grant date fair value	$	4.0		$	4.9
Weighted-average per share grant date fair value	$	4.68		$	4.91
Risk-free interest rate		1.9	%		2.7	%
Expected life in years		7.2			7.1
Expected volatility (over expected life)		34.4	%		33.3	%
Expected dividend yield (over expected life)		4.8	%		4.7	%
Cash payments to employees elected in lieu of options	$	.3		$	.3

Number of Shares and Related Grant Date Fair Value of PSU's

Below is a summary of the number of shares and related grant date fair value of PSU’s for the periods presented:


	Six Months Ended June 30,
	2012		2011
Total shares base award (in millions)		.3		.3
Grant date per share fair value	$	23.79	$	25.41

Schedule of Performance Stock Unit Liability


	June 30, 2012		December 31, 2011
PSU liability to be settled in cash	$	3.1	$	3.1

ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2012

Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed


	Six Months Ended June 30,
	2012			2011
Accounts receivable	$	8.8		$	—
Inventory		18.9			.7
Property, plant and equipment		12.0			.9
Goodwill		54.3			1.4
Other intangible assets (average weighted amortization period of 16.5 years)		102.4			.1
Accounts payable and accrued liabilities		(6.8	)		(.3	)
Other assets and liabilities, net		.1			—
Additional consideration for prior year’s acquisitions		.1			1.9

Net cash consideration	$	189.8		$	4.7

Schedule of Acquisitions


Six Months Ended	Number of Acquisitions		Segment		Product		Goodwill
Six Months Ended	Number of Acquisitions		Segment		Product		In Year of Acquisition		Adjustments to Prior Year Acquisitions		Total		Expected to Provide Income Tax Benefit
June 30, 2012		2		Industrial Materials		Tubing for the aerospace industry; Tube fabrication	$	54.3	$	—	$	54.3	$	54.3
June 30, 2011		1		Residential Furnishings		Furniture Hardware	$	1.4	$	—	$	1.4	$	1.4

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Jun. 30, 2012

Components of Net Pension (Expense) Income


	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
Components of net pension expense
Service cost	$	1.4		$	1.2		$	.7		$	.6
Interest cost		6.3			6.7			3.1			3.3
Expected return on plan assets		(7.3	)		(6.7	)		(3.6	)		(3.3	)
Recognized net actuarial loss		3.1			2.0			1.5			1.0

Net pension expense	$	3.5		$	3.2		$	1.7		$	1.6

- Definition

Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2439-114920

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2417-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e2410-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=21916443&loc=d3e4179-114921

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 4, 7, 16, 20, 21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

6 Months Ended

Jun. 30, 2012

Statement of Changes in Equity and Accumulated Other Comprehensive Income


	Six Months Ended June 30, 2012
	Total Equity			Retained Earnings			Common Stock & Additional Contributed Capital			Treasury Stock			Noncontrolling Interest			Accumulated Other Comprehensive Income
Beginning balance, January 1, 2012	$	1,307.7		$	2,027.4		$	458.9		$	(1,254.3	)	$	10.5		$	65.2
Net earnings		109.9			109.9			—			—			—			—
(Earnings) loss attributable to noncontrolling interest, net of tax		—			(1.0	)		—			—			1.0			—
Dividends declared		(78.6	)		(80.7	)		2.1			—			—			—
Treasury stock purchased		(9.0	)		—			—			(9.0	)		—			—
Treasury stock issued		11.4			—			(19.3	)		30.7			—			—
Foreign currency translation adjustments		(7.4	)		—			—			—			(.1	)		(7.3	)
Cash flow hedges, net of tax		(4.3	)		—			—			—			—			(4.3	)
Defined benefit pension plans, net of tax		1.8			—			—			—			—			1.8
Stock options and benefit plan transactions, net of tax		15.5			—			15.5			—			—			—

Ending balance, June 30, 2012	$	1,347.0		$	2,055.6		$	457.2		$	(1,232.6	)	$	11.4		$	55.4


	Six Months Ended June 30, 2011
	Total Equity			Retained Earnings			Common Stock & Additional Contributed Capital			Treasury Stock			Noncontrolling Interest		Accumulated Other Comprehensive Income
Beginning balance, January 1, 2011	$	1,524.4		$	2,033.3		$	465.2		$	(1,093.0	)	$	17.1	$	101.8
Net earnings		101.8			101.8			—			—			—		—
(Earnings) loss attributable to noncontrolling interest, net of tax		—			(2.1	)		—			—			2.1		—
Dividends declared		(77.4	)		(79.3	)		1.9			—			—		—
Treasury stock purchased		(177.5	)		—			—			(177.5	)		—		—
Treasury stock issued		26.1			—			(29.9	)		56.0			—		—
Foreign currency translation adjustments		36.8			—			—			—			.4		36.4
Cash flow hedges, net of tax		(3.7	)		—			—			—			—		(3.7	)
Defined benefit pension plans, net of tax		.8			—			—			—			—		.8
Stock options and benefit plan transactions, net of tax		23.4			—			23.4			—			—		—

Ending balance, June 30, 2011	$	1,454.7		$	2,053.7		$	460.6		$	(1,214.5	)	$	19.6	$	135.3

Changes in Each Component of Accumulated Other Comprehensive Income (Loss)

The following tables set forth the components of and changes in each component of accumulated other comprehensive income (loss) for each of the periods presented:


	Foreign Currency Translation Adjustments			Cash Flow Hedges			Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance January 1, 2012	$	147.6		$	(21.5	)	$	(60.9	)	$	65.2
Period change—Gross		(7.4	)		(7.0	)		2.9			(11.5	)
Period change—Attributable to noncontrolling interest		.1			—			—			.1
Period change—Income tax effect		—			2.7			(1.1	)		1.6

Balance June 30, 2012	$	140.3		$	(25.8	)	$	(59.1	)	$	55.4

Balance January 1, 2011	$	151.1		$	1.4		$	(50.7	)	$	101.8
Period change—Gross		36.8			(5.9	)		1.3			32.2
Period change—Attributable to noncontrolling interest		(.4	)		—			—			(.4	)
Period change—Income tax effect		—			2.2			(.5	)		1.7

Balance June 30, 2011	$	187.5		$	(2.3	)	$	(49.9	)	$	135.3

FAIR VALUE (Tables)

6 Months Ended

Jun. 30, 2012

Items Measured at Fair Value on a Recurring Basis

Items measured at fair value on a recurring basis


	As of June 30, 2012
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Bank time deposits with original maturities of three months or less	$	—	$	112.5	$	—	$	112.5
Derivative assets		—		.5		—		.5
Diversified investments associated with the ESUP		5.2		—		—		5.2

Total assets	$	5.2	$	113.0	$	—	$	118.2

Liabilities:
Derivative liabilities	$	1.5	$	42.8	$	—	$	44.3
Liabilities associated with the ESUP		5.2		—		—		5.2

Total liabilities	$	6.7	$	42.8	$	—	$	49.5


	As of December 31, 2011
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Bank time deposits with original maturities of three months or less	$	—	$	111.8	$	—	$	111.8
Derivative assets		—		3.2		—		3.2
Diversified investments associated with the ESUP		2.5		—		—		2.5

Total assets	$	2.5	$	115.0	$	—	$	117.5

Liabilities:
Derivative liabilities	$	2.2	$	34.8	$	—	$	37.0
Liabilities associated with the ESUP		2.5		—		—		2.5

Total liabilities	$	4.7	$	34.8	$	—	$	39.5

Goodwill Impairment Test Assumptions


Percentage of fair value in excess of carrying value	June 30, 2012 goodwill value		Sales 10-year compound annual growth rate range	Terminal values long- term growth rate	Discount rate ranges
10-25%	$	110.1	3.9%	3%	11.0%
25%+		866.5	1.4% -6.4%	3%	7.5% - 9.5%

	$	976.6	1.4% - 6.4%	3%	7.5% - 11.0%

Fixed Asset Impairments

changes in circumstances indicate the carrying value may not be recoverable. The table below summarizes fixed asset impairments for the periods presented.


	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Total asset impairments	$	1.0	$	3.4	$	.9	$	.4

RISK MANAGEMENT AND DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2012

Derivative Financial Instruments at Fair Value


	Total USD Equivalent Notional Amount		As of June 30, 2012
			Assets				Liabilities
			Other Current Assets		Sundry		Other Current Liabilities		Other Long-Term Liabilities
Derivatives designated as hedging instruments
Cash flow hedges:
Commodity hedges	$	4.4	$	—	$	—	$	1.3	$	.2
Interest rate hedges		200.0		—		—		40.6		—
Currency Hedges:
- Future USD sales of Canadian subsidiaries		29.9		.1		—		.2		—
- Future USD cost of goods sold of Canadian subsidiaries		4.1		.2		—		—		—
- Future USD cost of goods sold of European subsidiary		6.3		.2		—		—		—

Total cash flow hedges				.5		—		42.1		.2
Fair value hedges:
USD inter-company note receivable on a Canadian subsidiary		11.5		—		—		.2		—
USD inter-company note receivables on a Swiss subsidiary		14.5		—		—		1.8		—

Total fair value hedges				—		—		2.0		—

			$	.5	$	—	$	44.1	$	.2


	Total USD Equivalent Notional Amount		As of December 31, 2011
			Assets				Liabilities
			Other Current Assets		Sundry		Other Current Liabilities		Other Long-Term Liabilities
Derivatives designated as hedging instruments
Cash flow hedges:
Commodity hedges	$	6.2	$	—	$	—	$	1.9	$	.3
Interest rate hedges		200.0		—		—		32.4		—
Currency hedges—Future USD cost of goods sold of Canadian subsidiaries		7.6		.5		—		—		—
-Future USD sales of a Chinese subsidiary		44.1		.1		—		—		—
-Future MXP cost of goods sold of a US subsidiary		1.1		—		—		.1		—
-Future EUR cost of goods sold of a US branch		1.6		—		—		.1		—
-Future USD sales of Canadian subsidiaries		33.4		.1		—		.5		—

Total cash flow hedges				.7		—		35.0		.3
Fair value hedges:
USD inter-company note receivable on a Canadian subsidiary		11.5		—		—		.1		—
USD inter-company note receivable on a Switzerland subsidiary		14.5		—		—		1.6		—

Total fair value hedges				—		—		1.7		—
Derivatives not designated as hedging instruments
Hedge of EUR inter-company note receivable from a European subsidiary		28.0		2.5		—		—		—

			$	3.2	$	—	$	36.7	$	.3

Gains (Losses) of Hedging Activities Recorded in Income


	Income Statement Caption	Amount of Gain (Loss) Recorded in Income Six Months Ended June 30						Amount of Gain (Loss) Recorded in Income Three Months Ended June 30
	Income Statement Caption	2012			2011			2012			2011
Derivatives designated as hedging instruments
Commodity cash flow hedges	Cost of goods sold	$	(1.5	)	$	(.6	)	$	(.7	)	$	(.2	)
Currency cash flow hedges	Net Sales		.2			.2			.1			.1
Currency cash flow hedges	Cost of goods sold		.2			—			.2			—
Currency cash flow hedges	Other expense (income), net		(.1	)		—			—			—

Total cash flow hedges			(1.2	)		(.4	)		(.4	)		(.1	)
Fair value hedges	Other expense (income), net		—			(.2	)		(.6	)		(.2	)
Derivatives not designated as hedging instruments
Hedge of EUR cash—UK subsidiary	Other expense (income), net		—			(.1	)		—			(.1	)
Hedge of EUR inter-company note receivable- European subsidiary	Other expense (income), net		.8			(2.1	)		1.4			(.6	)
Hedge of EUR inter-company note receivable- European subsidiary	Interest expense		(.1	)		(.1	)		(.1	)		—

Total derivative instruments		$	(.5	)	$	(2.9	)	$	.3		$	(1.0	)

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References + Details

LIFO Expense (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
LIFO Expense (Detail) - USD ($) $ in Millions	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Inventories [Line Items]
Percentage of LIFO inventory	60.00%		60.00%
LIFO (income) expense	$ (2.6)	$ 3.5	$ (2.1)	$ 9.0

Summary of Segment Results from Continuing Operations (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Segment Reporting Information [Line Items]
External Sales	$ 938.8	$ 945.2	$ 1,885.6	$ 1,841.0
Inter- Segment Sales	82.7	76.9	165.7	155.0
Total Sales	1,021.5	1,022.1	2,051.3	1,996.0
EBIT	86.2	79.1	160.8	153.3
Change in LIFO reserve	2.6	(3.5)	2.1	(9.0)
Intersegment eliminations	(3.2)	(1.1)	(5.2)	(3.8)
Residential Furnishings
Segment Reporting Information [Line Items]
External Sales	472.4	465.4	963.0	922.8
Inter- Segment Sales	2.3	2.3	4.3	4.6
Total Sales	474.7	467.7	967.3	927.4
EBIT	40.0	41.2	80.2	83.3
Commercial Fixturing & Components
Segment Reporting Information [Line Items]
External Sales	113.7	137.3	226.9	265.1
Inter- Segment Sales	1.2	1.5	2.2	2.7
Total Sales	114.9	138.8	229.1	267.8
EBIT	3.1	7.5	10.3	15.7
Industrial Materials
Segment Reporting Information [Line Items]
External Sales	170.5	166.3	338.0	311.8
Inter- Segment Sales	65.5	62.8	135.7	127.6
Total Sales	236.0	229.1	473.7	439.4
EBIT	17.8	13.6	29.6	27.6
Specialized Products
Segment Reporting Information [Line Items]
External Sales	182.2	176.2	357.7	341.3
Inter- Segment Sales	13.7	10.3	23.5	20.1
Total Sales	195.9	186.5	381.2	361.4
EBIT	$ 25.9	$ 21.4	$ 43.8	$ 39.5

Average Assets for Segments (Detail) - USD ($)
$ in Millions

Jun. 30, 2012

Dec. 31, 2011

Segment Reporting Information [Line Items]

Assets

$ 3,223.4

$ 2,915.1

Residential Furnishings

Segment Reporting Information [Line Items]

Assets

611.6

624.1

Commercial Fixturing & Components

Segment Reporting Information [Line Items]

Assets

156.2

176.1

Industrial Materials

Segment Reporting Information [Line Items]

Assets

236.4

218.1

Specialized Products

Segment Reporting Information [Line Items]

Assets

227.7

226.6

Average current liabilities included in segment numbers above

Segment Reporting Information [Line Items]

Assets

445.2

417.7

Assets held for sale

Segment Reporting Information [Line Items]

Assets

19.5

19.6

Unallocated assets

Segment Reporting Information [Line Items]

Assets

^[1]

1,462.5

1,328.3

Difference between average assets and period-end balance sheet

Segment Reporting Information [Line Items]

Assets

$ 64.3

$ (95.4)

[1]	Primarily goodwill, other intangibles, cash and notes receivable

Results from Discontinued Operations and Activity Directly Related to Divestitures (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income tax expense	$ (1.5)	$ (1.5)
Earnings from discontinued operations (net of tax)	2.4	2.4
Residential Furnishings-Prime Foam Products Unit
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Earnings (loss) before interest and income taxes	$ 3.9	$ 3.9

- Definition

Tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items. Includes the tax effects of the following: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b),(c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=18498875&loc=d3e38679-109324

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Amount of income (loss) from a disposal group, net of income tax, reported as a separate component of income before extraordinary items after deduction or consideration of the amount allocable to noncontrolling interests. Includes, net of tax, income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

+ References + Details

Restructuring - Additional Information (Detail) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2012 USD ($)	Dec. 31, 2011 USD ($)	Jun. 30, 2011 USD ($)	Jun. 30, 2012 USD ($)	Jun. 30, 2011 USD ($)
Restructuring Cost and Reserve [Line Items]
Total restructuring and restructuring-related costs	$ 3.0		$ 0.8	$ 2.7	$ 2.1
Restructuring Plan 2011
Restructuring Cost and Reserve [Line Items]
Long-lived asset impairments		$ 31.0
Other restructuring-related cost		6.0
Pre-tax		$ 37.0
No of manufacturing facilities closed during 2011 restructuring plan		4
Restructuring Plan 2012
Restructuring Cost and Reserve [Line Items]
Long-lived asset impairments				1.0
Total restructuring and restructuring-related costs				1.5
Long-lived asset impairment cost				$ 3.0

- Definition

The charge against earnings in the period, comprised of costs associated with restructuring activities not otherwise specified in the taxonomy pursuant to a duly authorized plan, excluding a discontinued operation as defined by generally accepted accounting principles. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, and relocating employees, but excludes costs associated with the retirement of a long-lived asset and severance costs associated with established compensation plans.

+ References + Details

Summary of Restructuring-Related Costs (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Restructuring Cost and Reserve [Line Items]
Total restructuring and restructuring-related costs	$ 3.0	$ 0.8	$ 2.7	$ 2.1
Charged To Other (Income) Expense, Net \| Severance And Other Restructuring Costs
Restructuring Cost and Reserve [Line Items]
Total restructuring and restructuring-related costs	2.9	1.0	4.4	2.2
Charged To Other (Income) Expense, Net \| (Gain) Loss From Sale Of Assets
Restructuring Cost and Reserve [Line Items]
Total restructuring and restructuring-related costs	$ 0.1	$ (0.2)	$ (1.7)	$ (0.1)

Calculation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Company Earnings Per Share [Line Items]
Earnings from continuing operations	$ 63.0	$ 55.5	$ 107.5	$ 101.8
(Earnings) loss attributable to noncontrolling interest, net of tax	(0.5)	(0.8)	(1.0)	(2.1)
Net earnings from continuing operations attributable to Leggett & Platt, Inc. common shareholders	62.5	54.7	106.5	99.7
Earnings from discontinued operations, net of tax	2.4		2.4
Net earnings attributable to Leggett & Platt, Inc. common shareholders	$ 64.9	$ 54.7	$ 108.9	$ 99.7
Weighted average number of common shares used in basic EPS	144.1	145.6	143.8	147.4
Additional dilutive shares principally from the assumed exercise of outstanding stock options	1.3	1.8	1.5	1.7
Weighted average number of common shares and dilutive potential common shares used in diluted EPS	145.4	147.4	145.3	149.1
Continuing operations	$ 0.43	$ 0.38	$ 0.74	$ 0.68
Discontinued operations	0.02	0.00	0.02	0.00
Basic EPS attributable to Leggett & Platt, Inc. common shareholders	0.45	0.38	0.76	0.68
Continuing operations	0.43	0.37	0.73	0.67
Discontinued operations	0.02	0.00	0.02	0.00
Diluted EPS attributable to Leggett & Platt, Inc. common shareholders	$ 0.45	$ 0.37	$ 0.75	$ 0.67
Shares issuable under employee and non-employee stock options	11.5	11.6	11.5	11.6
Anti-dilutive shares excluded from diluted EPS computation	3.3	1.7	3.0	2.0

Components of Accounts and Other Receivables (Detail) - USD ($) $ in Millions	Jun. 30, 2012	Dec. 31, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade accounts receivable	$ 530.9	$ 461.3
Customer-related	0.7	2.9
Notes received as partial payment for divestitures	0.5	3.5
Other	3.5	3.4
Income tax receivables	6.8	29.1
Other receivables	34.8	27.7
Total accounts and other receivables	577.2	527.9
Trade accounts receivable	(19.2)	(21.9)
Customer-related
Notes received as partial payment for divestitures		(2.3)
Other	(0.4)	(0.1)
Total allowance for doubtful accounts	(19.6)	(24.3)
Total net receivables	557.6	503.6
Trade accounts receivable
Customer-related	2.8	2.4
Notes received as partial payment for divestitures	10.2	10.4
Other	1.8	2.3
Income tax receivables
Other receivables
Total accounts and other receivables	14.8	15.1
Trade accounts receivable
Customer-related	(0.7)	(0.7)
Notes received as partial payment for divestitures	(0.8)	(0.4)
Other	(0.6)	(0.6)
Total allowance for doubtful accounts	(2.1)	(1.7)
Total net receivables	$ 12.7	$ 13.4

Accounts and Other Receivables - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2012	Dec. 31, 2011
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past due amounts for other notes	$ 2.0	$ 5.0
Past due amounts on non-accrual status	$ 1.0	$ 4.0

Allowance for Doubtful Account (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	$ 26.0
Charges	3.5	$ 5.4
Charge-offs, net of recoveries	(7.8)
Ending Balance	21.7
Trade accounts receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	21.9
Charges	2.5
Charge-offs, net of recoveries	(5.2)
Ending Balance	19.2
Customer-related
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	0.7
Charges
Charge-offs, net of recoveries
Ending Balance	0.7
Notes received as partial payment for divestitures
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	2.7
Charges	0.7
Charge-offs, net of recoveries	(2.6)
Ending Balance	0.8
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Beginning Balance	0.7
Charges	0.3
Ending Balance	$ 1.0

Components of Stock Based Compensation (Detail) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2012

Jun. 30, 2011

Jun. 30, 2012

Jun. 30, 2011

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total stock-based compensation expense

$ 5.3

$ 5.5

$ 13.4

$ 14.8

Employee contributions for above stock plans

2.5

2.3

4.9

6.3

Total stock-based compensation

7.8

18.3

21.1

Recognized tax benefits on stock-based compensation expense

2.0

2.1

5.1

5.6

Amortization Of The Grant Date Fair Value Of Stock Options

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total stock-based compensation expense

^[1]

0.9

0.8

3.2

3.6

Stock-Based Retirement Plans Contributions

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total stock-based compensation expense

^[2]

1.4

3.3

3.5

Deferred Stock Compensation Program

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total stock-based compensation expense

0.1

0.2

0.6

0.8

Stock-Based Retirement Plans

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total stock-based compensation expense

0.2

0.3

0.7

1.2

Discount Stock Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total stock-based compensation expense

0.3

0.2

0.5

0.4

Performance Stock Unit Awards

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total stock-based compensation expense

^[3]

1.6

1.8

3.3

3.6

Restricted Stock Unit Awards

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total stock-based compensation expense

0.6

1.4

1.1

Other, Primarily Non-Employee Directors Restricted Stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Total stock-based compensation expense

$ 0.2

$ 0.4

$ 0.6

[1]	Stock Option Grants
[2]	Stock-Based Retirement Plans
[3]	Performance Stock Unit Awards

Stock Based Compensation - Additional Information (Detail) - shares shares in Millions	1 Months Ended	6 Months Ended
	Jan. 31, 2012	Jun. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed under PSU	0.4
Options Granted On A Discretionary Basis
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Ratio of options foregone for each restricted stock unit offered		4
Stock-Based Retirement Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Automatic employer match, percentage		50.00%
Premium contributions to investment accounts, percentage		17.65%
Stock-Based Retirement Plans \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional employer match upon certain profitability levels, percentage		50.00%
Performance Stock Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Number of companies forming peer group		320
Base award percentage of Total Shareholder Return		73.60%
Measurement performance period, years		3 years
Percentage of award intended to pay out in cash		35.00%
Percentage of award intended to pay out in stock		65.00%
Reserved percentage of award intended to pay out in cash		100.00%
Percentage recorded as a liability		35.00%
Performance Stock Unit Awards \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Base award percentage of Total Shareholder Return		175.00%
Performance Stock Unit Awards \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Base award percentage of Total Shareholder Return		0.00%
First Increment \| Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		12 months
Second Increment \| Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		24 months
Third Increment \| Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		36 months

Calculation and Assumptions Utilized in Calculation of Fair Values of Options Granted (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted	0.9	1.0
Aggregate grant date fair value	$ 4.0	$ 4.9
Weighted-average per share grant date fair value	$ 4.68	$ 4.91
Risk-free interest rate	1.90%	2.70%
Expected life in years	7 years 2 months	7 years 1 month
Expected volatility (over expected life)	34.40%	33.30%
Expected dividend yield (over expected life)	4.80%	4.70%
Cash payments to employees elected in lieu of options	$ 0.3	$ 0.3

Number of Shares and Related Grant Date Fair Value of PSUs (Detail) - Performance Stock Unit - $ / shares shares in Millions	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total shares base award	0.3	0.3
Grant date per share fair value	$ 23.79	$ 25.41

Schedule of Performance Stock Unit Liability (Detail) - USD ($) $ in Millions	Jun. 30, 2012	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
PSU liability to be settled in cash	$ 3.1	$ 3.1

Acquisitions - Additional Information (Detail) $ in Millions	Jan. 12, 2012 USD ($)
Business Acquisition [Line Items]
Percentage of voting interest acquired	100.00%
Cash purchase price of Western Pneumatic Tube Holding, LLC	$ 188

Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Business Acquisition [Line Items]
Accounts receivable	$ 8.8
Inventory	18.9	$ 0.7
Property, plant and equipment	12.0	0.9
Goodwill	54.3	1.4
Other intangible assets (average weighted amortization period of 16.5 years)	$ 102.4	0.1
Other intangible assets, average weighted amortization period	16 years 6 months
Accounts payable and accrued liabilities	$ (6.8)	(0.3)
Other assets and liabilities, net	0.1
Additional consideration for prior year's acquisitions	0.1	1.9
Net cash consideration	$ 189.8	$ 4.7

Schedule of Acquisitions (Detail) $ in Millions	6 Months Ended
Schedule of Acquisitions (Detail) $ in Millions	Jun. 30, 2012 USD ($)	Jun. 30, 2011 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Total	$ 54.3	$ 1.4
Industrial Materials
Acquired Finite-Lived Intangible Assets [Line Items]
Number of Acquisitions	2
In Year of Acquisition	$ 54.3
Goodwill Adjustments to Prior Year Acquisitions
Total	54.3
Expected to Provide Income Tax Benefit	$ 54.3
Residential Furnishings
Acquired Finite-Lived Intangible Assets [Line Items]
Number of Acquisitions		1
In Year of Acquisition		$ 1.4
Goodwill Adjustments to Prior Year Acquisitions
Total		1.4
Expected to Provide Income Tax Benefit		$ 1.4

- Definition

The amount of goodwill arising from a business combination that is expected to be deductible for tax purposes.

+ References + Details

Components of Net Pension (Expense) Income (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Defined Benefit Plan Disclosure [Line Items]
Expected employer contribution	$ 7.0		$ 7.0
Service cost	0.7	$ 0.6	1.4	$ 1.2
Interest cost	3.1	3.3	6.3	6.7
Expected return on plan assets	(3.6)	(3.3)	(7.3)	(6.7)
Recognized net actuarial loss	1.5	1.0	3.1	2.0
Net pension expense	$ 1.7	$ 1.6	$ 3.5	$ 3.2

- Definition

An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 30
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512136

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512171

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References + Details

- Definition

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Statement of Changes in Equity and Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Schedule of Capitalization, Equity [Line Items]
Beginning balance			$ 1,307.7	$ 1,524.4
Net earnings	$ 65.4	$ 55.5	109.9	101.8
(Earnings) loss attributable to noncontrolling interest, net of tax	(0.5)	(0.8)	(1.0)	(2.1)
Dividends declared			(78.6)	(77.4)
Treasury stock purchased			(9.0)	(177.5)
Treasury stock issued			11.4	26.1
Foreign currency translation adjustments	(23.6)	15.3	(7.4)	36.8
Cash flow hedges, net of tax	(7.2)	(4.5)	(4.3)	(3.7)
Defined benefit pension plans, net of tax	1.0	0.5	1.8	0.8
Stock options and benefit plan transactions, net of tax			15.5	23.4
Ending balance	1,347.0	1,454.7	1,347.0	1,454.7
Retained Earnings
Schedule of Capitalization, Equity [Line Items]
Beginning balance			2,027.4	2,033.3
Net earnings			109.9	101.8
(Earnings) loss attributable to noncontrolling interest, net of tax			(1.0)	(2.1)
Dividends declared			(80.7)	(79.3)
Ending balance	2,055.6	2,053.7	2,055.6	2,053.7
Common Stock & Additional Contributed Capital
Schedule of Capitalization, Equity [Line Items]
Beginning balance			458.9	465.2
Dividends declared			2.1	1.9
Treasury stock issued			(19.3)	(29.9)
Stock options and benefit plan transactions, net of tax			15.5	23.4
Ending balance	457.2	460.6	457.2	460.6
Treasury Stock
Schedule of Capitalization, Equity [Line Items]
Beginning balance			(1,254.3)	(1,093.0)
Treasury stock purchased			(9.0)	(177.5)
Treasury stock issued			30.7	56.0
Ending balance	(1,232.6)	(1,214.5)	(1,232.6)	(1,214.5)
Noncontrolling Interest
Schedule of Capitalization, Equity [Line Items]
Beginning balance			10.5	17.1
(Earnings) loss attributable to noncontrolling interest, net of tax			1.0	2.1
Foreign currency translation adjustments			(0.1)	0.4
Ending balance	11.4	19.6	11.4	19.6
Accumulated Other Comprehensive Income
Schedule of Capitalization, Equity [Line Items]
Beginning balance			65.2	101.8
Foreign currency translation adjustments			(7.3)	36.4
Cash flow hedges, net of tax			(4.3)	(3.7)
Defined benefit pension plans, net of tax			1.8	0.8
Ending balance	$ 55.4	$ 135.3	$ 55.4	$ 135.3

Changes in Each Component of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Accumulated Other Comprehensive Income Loss [Line Items]
Balance, Foreign Currency Translation Adjustments	$ 147.6	$ 151.1
Balance, Cash Flow Hedges	(21.5)	1.4
Balance, Defined Benefit Pension Plans	(60.9)	(50.7)
Balance, Accumulated Other Comprehensive Income (Loss)	65.2	101.8
Period change - Gross, Foreign Currency Translation Adjustments	(7.4)	36.8
Period change - Gross, Cash Flow Hedges	(7.0)	(5.9)
Period change - Gross, Defined Benefit Pension Plans	2.9	1.3
Period change - Gross, Accumulated Other Comprehensive Income (Loss)	(11.5)	32.2
Period change - Attributable to noncontrolling interest, Foreign Currency Translation Adjustments	0.1	(0.4)
Period change - Attributable to noncontrolling interest, Accumulated Other Comprehensive Income (Loss)	0.1	(0.4)
Period change - Income tax effect, Cash Flow Hedges	2.7	2.2
Period change - Income tax effect, Defined Benefit Pension Plans	(1.1)	(0.5)
Period change - Income tax effect, Accumulated Other Comprehensive Income (Loss)	1.6	1.7
Balance, Foreign Currency Translation Adjustments	140.3	187.5
Balance, Cash Flow Hedges	(25.8)	(2.3)
Balance, Defined Benefit Pension Plans	(59.1)	(49.9)
Balance, Accumulated Other Comprehensive Income (Loss)	$ 55.4	$ 135.3

Items Measured at Fair Value on a Recurring Basis (Detail) - USD ($) $ in Millions	Jun. 30, 2012	Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$ 0.5	$ 3.2
Total assets	118.2	117.5
Derivative liabilities	44.3	37.0
Total liabilities	49.5	39.5
Bank time deposits with original maturities of three months or less
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Bank time deposits with original maturities of three months or less	112.5	111.8
Diversified investments associated with the ESUP
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Diversified investments associated with the ESUP	5.2	2.5
Liabilities associated with the ESUP
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	5.2	2.5
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	5.2	2.5
Derivative liabilities	1.5	2.2
Total liabilities	6.7	4.7
Level 1 \| Diversified investments associated with the ESUP
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Diversified investments associated with the ESUP	5.2	2.5
Level 1 \| Liabilities associated with the ESUP
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	5.2	2.5
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0.5	3.2
Total assets	113.0	115.0
Derivative liabilities	42.8	34.8
Total liabilities	42.8	34.8
Level 2 \| Bank time deposits with original maturities of three months or less
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Bank time deposits with original maturities of three months or less	112.5	111.8
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets
Level 3 \| Diversified investments associated with the ESUP
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Diversified investments associated with the ESUP
Level 3 \| Liabilities associated with the ESUP
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities

Fair Value - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2012	Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed rate debt carrying value	$ 730.0	$ 730.0
Fixed rate debt difference between carrying value and fair value	$ 47.2	$ 29.2

Goodwill Impairment Charges (Detail) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2012	Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill	$ 976.6	$ 926.6
Terminal values long- term growth rate	3.00%
10-25% [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill	$ 110.1
Terminal values long- term growth rate	3.00%
25%+ [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill	$ 866.5
Terminal values long- term growth rate	3.00%
Percentage of fair value in excess of carrying value	25.00%
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
10-year compound annual growth rate range	1.40%
Discount rate range	7.50%
Minimum \| 10-25% [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
10-year compound annual growth rate range	3.90%
Discount rate range	11.00%
Percentage of fair value in excess of carrying value	10.00%
Minimum \| 25%+ [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
10-year compound annual growth rate range	1.40%
Discount rate range	7.50%
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
10-year compound annual growth rate range	6.40%
Discount rate range	11.00%
Maximum \| 10-25% [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
10-year compound annual growth rate range	0.00%
Discount rate range	0.00%
Percentage of fair value in excess of carrying value	25.00%
Maximum \| 25%+ [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
10-year compound annual growth rate range	6.40%
Discount rate range	9.50%

Fixed Asset Impairments (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Fixed Asset Impairments (Detail) - USD ($) $ in Millions	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total asset impairments	$ 0.9	$ 0.4	$ 1.0	$ 3.4

Derivative Financial Instruments at Fair Value (Detail) - USD ($) $ in Millions	Jun. 30, 2012	Dec. 31, 2011
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Commodity cash flow hedges	$ 4.4	$ 6.2
Total USD Equivalent Notional Amount, Interest rate cash flow hedges		200.0
Total derivative assets	0.5	3.2
Future USD sales of Canadian subsidiaries
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Interest rate cash flow hedges	200.0
Total USD Equivalent Notional Amount, Currency cash flow hedges	29.9	33.4
Future USD COGS of Canadian subsidiaries
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	4.1	7.6
Future USD COGS of European subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	6.3
USD inter-company note receivable on a Canadian subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Fair value hedges	11.5	11.5
USD inter-company note receivables on a Swiss subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Fair value hedges	14.5	14.5
Future USD sales of a Chinese subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges		44.1
Future MXP cost of goods sold of a US subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges		1.1
Future EUR cost of goods sold of a US branch
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges		1.6
Hedge of EUR inter-company note receivable from a European subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount		28.0
Other Current Assets
Derivatives, Fair Value [Line Items]
Commodity cash flow derivatives designated as hedging instruments, Assets
Interest rate cash flow derivatives designated as hedging instruments, Assets
Total cash flow hedges, Assets	0.5	0.7
Fair value derivatives designated as hedging instruments, Assets
Total derivative assets	0.5	3.2
Other Current Assets \| Future USD sales of Canadian subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0.1	0.1
Other Current Assets \| Future USD COGS of Canadian subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0.2	0.5
Other Current Assets \| Future USD COGS of European subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0.2
Other Current Assets \| USD inter-company note receivable on a Canadian subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets
Other Current Assets \| USD inter-company note receivables on a Swiss subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets
Other Current Assets \| Future USD sales of a Chinese subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets		0.1
Other Current Assets \| Hedge of EUR inter-company note receivable from a European subsidiary
Derivatives, Fair Value [Line Items]
Derivatives not designated as hedging instruments, Assets		2.5
Sundry Assets
Derivatives, Fair Value [Line Items]
Commodity cash flow derivatives designated as hedging instruments, Assets
Interest rate cash flow derivatives designated as hedging instruments, Assets
Fair value derivatives designated as hedging instruments, Assets
Sundry Assets \| USD inter-company note receivable on a Canadian subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets
Sundry Assets \| USD inter-company note receivables on a Swiss subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets
Other Current Liabilities
Derivatives, Fair Value [Line Items]
Commodity cash flow derivatives designated as hedging instruments, Liabilities	1.3	1.9
Interest rate cash flow derivatives designated as hedging instruments, Liabilities	40.6	32.4
Total cash flow hedges, Liabilities	42.1	35.0
Fair value derivatives designated as hedging instruments, Liabilities	2.0	1.7
Total derivative liabilities	44.1	36.7
Other Current Liabilities \| Future USD sales of Canadian subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0.2	0.5
Other Current Liabilities \| USD inter-company note receivable on a Canadian subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0.2	0.1
Other Current Liabilities \| USD inter-company note receivables on a Swiss subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	1.8	1.6
Other Current Liabilities \| Future MXP cost of goods sold of a US subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities		0.1
Other Current Liabilities \| Future EUR cost of goods sold of a US branch
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities		0.1
Other Current Liabilities \| Hedge of EUR inter-company note receivable from a European subsidiary
Derivatives, Fair Value [Line Items]
Derivatives not designated as hedging instruments, Liabilities
Other Long-Term Liabilities
Derivatives, Fair Value [Line Items]
Commodity cash flow derivatives designated as hedging instruments, Liabilities	0.2	0.3
Total cash flow hedges, Liabilities	0.2	0.3
Total derivative liabilities	$ 0.2	0.3
Other Long-Term Liabilities \| Hedge of EUR inter-company note receivable from a European subsidiary
Derivatives, Fair Value [Line Items]
Derivatives not designated as hedging instruments, Liabilities

Risk Management and Derivative Financial Instruments - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2012 USD ($)
Interest Rate Cash Flow Hedges
Derivative [Line Items]
Long-term debt, maturity date	2013-04
Amount of debt hedged	$ 200
Swap maturity date	2012-08
Weighted average interest rate of swap	4.00%
Maximum \| Commodity Cash Flow Hedges
Derivative [Line Items]
Commodity cash flow hedges, maturities in years	2 years
Maximum \| Fair Value Hedges
Derivative [Line Items]
Fair value hedges maturity in years	1 year
Maximum \| Foreign Currency Cash Flow Hedges
Derivative [Line Items]
Currency cash flow hedges, maturities in years	2 years

Gains (Losses) of Hedging Activities Recorded in Income (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income	$ 0.3	$ (1.0)	$ (0.5)	$ (2.9)
Fair value hedges \| Other expense (income), net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income	(0.6)	(0.2)		(0.2)
Derivatives designated as hedging instruments \| Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income	(0.4)	(0.1)	(1.2)	(0.4)
Derivatives not designated as hedging instruments \| Other expense (income), net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income		(0.1)		(0.1)
Commodity cash flow hedges \| Derivatives designated as hedging instruments \| Cash Flow Hedging \| Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income	(0.7)	(0.2)	(1.5)	(0.6)
Currency cash flow hedges \| Derivatives designated as hedging instruments \| Cash Flow Hedging \| Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income	0.2		0.2
Currency cash flow hedges \| Derivatives designated as hedging instruments \| Cash Flow Hedging \| Net Sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income	0.1	0.1	0.2	0.2
Currency cash flow hedges \| Derivatives designated as hedging instruments \| Cash Flow Hedging \| Other expense (income), net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income			(0.1)
Hedge of EUR inter-company note receivable from a European subsidiary \| Derivatives not designated as hedging instruments \| Other expense (income), net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income	1.4	$ (0.6)	0.8	(2.1)
Hedge of EUR inter-company note receivable from a European subsidiary \| Derivatives not designated as hedging instruments \| Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) recorded in income	$ (0.1)		$ (0.1)	$ (0.1)

Contingencies - Additional Information (Detail) $ in Millions	1 Months Ended		6 Months Ended
	Jan. 24, 2012 USD ($)	Apr. 16, 2009 USD ($)	Jun. 30, 2012 USD ($) Defendant	Jun. 30, 2011 Defendant
Commitments And Contingencies [Line Items]
Charges against earnings			$ 0.0
Antitrust Lawsuits
Commitments And Contingencies [Line Items]
Number of defendants \| Defendant			20
Antitrust Lawsuits \| Canada
Commitments And Contingencies [Line Items]
Number of defendants \| Defendant				15
Named as a defendant in pending cases			2
General and special damages			$ 100.0
Antitrust Lawsuits \| Punitive Damages \| Canada
Commitments And Contingencies [Line Items]
General and special damages			10.0
Antitrust Lawsuits \| Direct Purchaser Class Action Cases
Commitments And Contingencies [Line Items]
Named as a defendant in pending cases				3
Antitrust Lawsuits \| Individual Direct Purchaser Cases
Commitments And Contingencies [Line Items]
Named as a defendant in pending cases				29
Brazilian Value- Added Tax Matters
Commitments And Contingencies [Line Items]
General and special damages		$ 3.3	4.0
Brazilian Value- Added Tax Matters \| Tax Credit Matters
Commitments And Contingencies [Line Items]
General and special damages			1.0
Patent Infringement Claim
Commitments And Contingencies [Line Items]
General and special damages	$ 5.0
Number of patents infringed				3
Alleged damages amount			$ 16.2