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Selling and administrative expenses

$ 3,749.9

$ 3,917.2

$ 3,782.3

Cost of goods sold

2,850.7

2,994.0

2,991.9

Gross profit

899.2

923.2

790.4

396.8

416.9

449.6

Amortization of intangibles

19.9

20.8

19.7

Gain on sale of assets and businesses

3.7

^[1]

4.1

0.0

(37.6)

(0.5)

(5.1)

Other (income) expense, net

4.1

6.5

109.3

(5.6)

(4.6)

(5.3)

Earnings from continuing operations before interest and income taxes

522.0

486.5

331.5

Earnings from continuing operations before income taxes

38.8

41.1

41.8

Interest income

3.9

4.4

5.8

487.1

449.8

295.5

Income taxes

120.0

121.8

70.3

Earnings from continuing operations

367.1

328.0

225.2

Earnings (loss) from discontinued operations, net of tax

19.1

1.2

(124.0)

(Earnings) attributable to noncontrolling interest, net of tax

386.2

329.2

101.2

(0.4)

(4.1)

(3.2)

Net earnings attributable to Leggett & Platt, Inc. common shareholders

$ 385.8

$ 325.1

$ 98.0

Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders

$ 2.66

$ 2.30

$ 1.57

Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders

2.62

2.27

1.55

0.14

0.01

(0.88)

Net earnings per share attributable to Leggett & Platt, Inc. common shareholders

0.14

0.01

(0.87)

2.80

2.31

0.69

Balance, beginning of period at Dec. 31, 2013

$ 2.76

$ 2.28

$ 0.68

[1]	We recorded a goodwill impairment charge related to the Commercial Vehicle Products unit as outlined in Note C.

Consolidated Statements Of Comprehensive Income (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Net earnings	$ 386.2	$ 329.2	$ 101.2
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, including acquisition of non-controlling interest	(33.9)	(92.1)	(71.7)
Cash flow hedges	10.4	(8.1)	3.4
Defined benefit pension plans	0.9	11.2	(29.0)
Other comprehensive income (loss)	(22.6)	(89.0)	(97.3)
Comprehensive income	363.6	240.2	3.9
Less: comprehensive (income) attributable to noncontrolling interest	(0.3)	(3.6)	(3.0)
Comprehensive income attributable to Leggett & Platt, Inc.	$ 363.3	$ 236.6	$ 0.9

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 281.9	$ 253.2
Trade receivables, net	450.8	448.7
Other receivables, net	35.8	71.5
Total receivables, net	486.6	520.2
Inventories
Finished goods	255.7	242.8
Work in process	52.6	42.6
Raw materials and supplies	245.1	241.8
LIFO reserve	(33.8)	(22.6)
Total inventories, net	519.6	504.6
Prepaid expenses and other current assets	36.8	33.2
Total current assets	1,324.9	1,311.2
Property, Plant and Equipment—at cost
Machinery and equipment	1,133.8	1,099.1
Buildings and other	559.4	548.2
Land	37.7	40.0
Total property, plant and equipment	1,730.9	1,687.3
Less accumulated depreciation	1,165.4	1,146.5
Net property, plant and equipment	565.5	540.8
Other Assets
Goodwill	791.3	806.1
Other intangibles, less accumulated amortization of $137.0 and $139.8 at December 31, 2016 and 2015, respectively	164.9	188.4
Sundry	137.5	117.2
Total other assets	1,093.7	1,111.7
TOTAL ASSETS	2,984.1	2,963.7
Current Liabilities
Current maturities of long-term debt	3.6	3.4
Accounts payable	351.1	307.2
Accrued expenses	257.7	286.7
Other current liabilities	94.2	103.9
Total current liabilities	706.6	701.2
Long-term Liabilities
Long-term debt	956.2	941.5
Other long-term liabilities	173.0	184.7
Deferred income taxes	54.3	38.6
Total long-term liabilities	1,183.5	1,164.8
Commitments and Contingencies
Equity
Capital stock: Preferred stock—authorized, 100.0 shares; none issued; Common stock—authorized, 600.0 shares of $.01 par value; 198.8 shares issued	2.0	2.0
Additional contributed capital	506.2	529.5
Retained earnings	2,410.5	2,209.2
Accumulated other comprehensive income (loss)	(113.6)	(91.1)
Less treasury stock—at cost (65.3 and 63.2 shares at December 31, 2016 and 2015, respectively)	(1,713.5)	(1,564.0)
Total Leggett & Platt, Inc. equity	1,091.6	1,085.6
Noncontrolling interest	2.4	12.1
Total equity	1,094.0	1,097.7
TOTAL LIABILITIES AND EQUITY	$ 2,984.1	$ 2,963.7

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Other intangibles, accumulated amortization	$ 137.0	$ 139.8
Preferred stock, shares authorized	100,000,000.0	100,000,000.0
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	600,000,000.0	600,000,000.0
Common stock, shares issued	198,800,000	198,800,000
Treasury Stock, Shares	65,300,000	63,200,000

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Activities
Net earnings	$ 386.2	$ 329.2	$ 101.2
Adjustments to reconcile net earnings to net cash provided by operating activities:
Amortization of intangibles and debt issuance costs	28.6	29.7	28.0
Long-lived asset impairments	0.4	2.4	1.3
Goodwill impairment	3.7	4.1	108.0
Provision for losses on accounts and notes receivable	1.6	2.6	4.9
Writedown of inventories	8.9	9.8	10.0
Net (gain) loss from sales of assets and businesses	(38.5)	(3.7)	4.2
Deferred income tax expense (benefit)	17.6	24.1	(39.8)
Stock-based compensation	37.1	45.2	41.6
Tax benefits from stock-based compensation payments (See Note A)	0.0	(15.7)	(10.6)
Pension expense (benefit), net of contributions	(2.2)	15.6	(1.0)
Other, net	7.3	3.1	(9.4)
Increases/decreases in, excluding effects from acquisitions and divestitures:
Accounts and other receivables	3.4	(16.4)	(97.7)
Inventories	(33.3)	(49.1)	(21.9)
Other current assets	(2.1)	(0.4)	1.4
Accounts payable	50.8	(54.3)	47.5
Accrued expenses and other current liabilities	(3.7)	(50.6)	124.3
Net Cash Provided by Operating Activities	552.6	359.1	381.9
Investing Activities
Additions to property, plant and equipment	(124.0)	(103.2)	(94.1)
Purchases of companies, net of cash acquired	(29.5)	(11.1)	(70.4)
Depreciation	86.8	83.5	89.9
Proceeds from sales of assets and businesses	86.1	51.4	76.5
Advance of non-trade note receivable	24.6	0.0	0.0
Other, net	(10.0)	(6.7)	(14.7)
Net Cash Used for Investing Activities	(102.0)	(69.6)	(102.7)
Financing Activities
Additions to long-term debt	0.4	0.4	299.3
Payments on long-term debt	(5.4)	(205.0)	(188.1)
Change in commercial paper and short-term debt	11.5	201.3	(24.2)
Dividends paid	(177.4)	(171.6)	(167.5)
Issuances of common stock	4.9	8.3	21.8
Purchases of common stock	(198.0)	(191.5)	(149.7)
Acquisition of noncontrolling interest	(35.2)	0.0	0.0
Tax benefits from stock-based compensation payments (See Note A)	0.0	15.7	10.6
Other, net	(3.0)	(6.8)	(5.8)
Net Cash Used for Financing Activities	(402.2)	(349.2)	(203.6)
Effect of Exchange Rate Changes on Cash	(19.7)	(19.9)	(15.5)
Increase (decrease) in Cash and Cash Equivalents	28.7	(79.6)	60.1
Cash and Cash Equivalents—Beginning of Year	253.2	332.8	272.7
Cash and Cash Equivalents—End of Year	281.9	253.2	332.8
Supplemental Information
Interest paid (net of amounts capitalized)	37.5	43.6	40.1
Income taxes paid	112.3	91.6	84.6
Property, plant and equipment acquired through capital leases	4.7	1.6	3.7
Capital expenditures in accounts payable	$ 5.1	$ 2.5	$ 3.8

Consolidated Statement Of Changes In Equity - USD ($)
shares in Millions, $ in Millions

Total

Common Stock

Additional Contributed Capital

Retained Earnings

Accumulated Other Comprehensive Income (Loss)

Treasury Stock

Non-controlling Interest

$ 1,399.2

$ 2.0

$ 479.1

$ 2,136.4

$ 94.5

$ (1,320.7)

$ 7.9

Balance, beginning of period, shares at Dec. 31, 2013

198.8

(59.4)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

(Earnings) attributable to noncontrolling interest, net of tax

101.2

(3.2)

3.2

Dividends declared

^[1]

(168.2)

4.9

(173.1)

Dividends paid to noncontrolling interest

(2.5)

Treasury stock purchased

(183.9)

$ (183.9)

Treasury stock purchased, shares

(5.4)

Treasury stock issued

72.0

(16.0)

$ 88.0

Treasury stock issued, shares

3.8

Foreign currency translation adjustments

(71.7)

(71.5)

(0.2)

Cash flow hedges, net of tax

3.4

Defined benefit pension plans, net of tax

(29.0)

Stock options and benefit plan transactions, net of tax

34.4

Balance, end of period at Dec. 31, 2014

1,154.9

$ 2.0

502.4

2,061.3

(2.6)

$ (1,416.6)

8.4

Balance, end of period, shares at Dec. 31, 2014

198.8

(61.0)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

(Earnings) attributable to noncontrolling interest, net of tax

329.2

(4.1)

4.1

Dividends declared

^[1]

(172.3)

4.9

(177.2)

Treasury stock purchased

(198.2)

$ (198.2)

Treasury stock purchased, shares

(4.3)

Treasury stock issued

30.1

(20.7)

$ 50.8

Treasury stock issued, shares

2.1

Foreign currency translation adjustments

(92.1)

(91.6)

(0.5)

Cash flow hedges, net of tax

(8.1)

Defined benefit pension plans, net of tax

11.2

Stock options and benefit plan transactions, net of tax

42.9

Acquisition of noncontrolling interest

0.1

Balance, end of period at Dec. 31, 2015

1,097.7

$ 2.0

529.5

2,209.2

(91.1)

$ (1,564.0)

12.1

Balance, end of period, shares at Dec. 31, 2015

198.8

(63.2)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

(Earnings) attributable to noncontrolling interest, net of tax

386.2

(0.4)

0.4

Dividends declared

(179.4)

5.1

(184.5)

Dividends paid to noncontrolling interest

(1.6)

Treasury stock purchased

(210.9)

$ (210.9)

Treasury stock purchased, shares

(4.5)

Treasury stock issued

36.0

(25.4)

$ 61.4

Treasury stock issued, shares

2.4

Foreign currency translation adjustments

(34.9)

(34.8)

(0.1)

Cash flow hedges, net of tax

10.4

Defined benefit pension plans, net of tax

0.9

Stock options and benefit plan transactions, net of tax

24.9

Acquisition of noncontrolling interest

(35.3)

(27.9)

1.0

(8.4)

Balance, end of period at Dec. 31, 2016

$ 1,094.0

$ 2.0

$ 506.2

$ 2,410.5

$ (113.6)

$ (1,713.5)

$ 2.4

Balance, end of period, shares at Dec. 31, 2016

198.8

(65.3)

[1]	Cash dividends declared (per share: 2016—$1.34; 2015—$1.26; 2014—$1.22)

Consolidated Statement Of Changes In Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]
Cash dividends declared, per share	$ 1.34	$ 1.26	$ 1.22

Summary Of Significant Accounting Policies

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Summary Of Significant Accounting Policies

Summary of Significant Accounting Policies

PRINCIPLES OF CONSOLIDATION: The consolidated financial statements include the accounts of Leggett & Platt, Incorporated and its majority-owned subsidiaries (“we” or “our”). Management does not expect foreign exchange restrictions to significantly impact the ultimate realization of amounts consolidated in the accompanying financial statements for subsidiaries located outside the United States. All intercompany transactions and accounts have been eliminated in consolidation.

ESTIMATES: The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and the accrual and disclosure of loss contingencies.

CASH EQUIVALENTS: Cash equivalents include cash in excess of daily requirements which is invested in various financial instruments with original maturities of three months or less.

TRADE AND OTHER RECEIVABLES AND ALLOWANCE FOR DOUBTFUL ACCOUNTS: Trade receivables are recorded at the invoiced amount and generally do not bear interest. Credit is also occasionally extended in the form of a note receivable to facilitate our customers’ operating cycles. Other notes receivable are established in special circumstances, such as in partial payment for the sale of a business or to support other business opportunities. Other notes receivable generally bear interest at market rates commensurate with the corresponding credit risk on the date of origination.

The allowance for doubtful accounts is an estimate of the amount of probable credit losses. Interest income is not recognized for nonperforming accounts that are placed on nonaccrual status. Allowances and nonaccrual status designations are determined by individual account reviews by management, and are based on several factors such as the length of time that receivables are past due, the financial health of the companies involved, industry and macroeconomic considerations, and historical loss experience. Interest income is recorded on the date of cash receipt for nonaccrual status accounts. Account balances are charged against the allowance when it is probable the receivable will not be recovered.

INVENTORIES: All inventories are stated at the lower of cost or net realizable value. We generally use standard costs which include materials, labor and production overhead at normal production capacity. The cost for approximately 50% of our inventories is determined by the last-in, first-out (LIFO) method and is primarily used to value domestic inventories with raw material content consisting of steel, wire, chemicals and foam scrap. For the remainder of the inventories, we principally use the first-in, first-out (FIFO) method, which is representative of our standard costs. For these inventories, the FIFO cost for the periods presented approximated expected replacement cost.

Inventories are reviewed at least quarterly for slow-moving and potentially obsolete items using actual inventory turnover, and if necessary, are written down to estimated net realizable value. We have had no material changes in inventory writedowns or slow-moving and obsolete inventory reserves in any of the years presented.

The following table presents the activity in our LIFO reserve for each of the years ended December 31, 2016 and 2015.



	2016		2015
Balance, beginning of year	$	22.6	$	73.0
LIFO expense (benefit)	10.5		(46.4		)
Allocated to divested businesses	.7		(4.0		)
Balance, end of year	$	33.8	$	22.6

DIVESTITURES: Significant accounting policies associated with a decision to dispose of a business are discussed below:

Discontinued Operations—In accordance with Accounting Standards Update (ASU) 2014-08 "Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity", beginning in 2015, a business is classified as discontinued operations if the disposal represents a strategic shift that will have a major effect on operations or financial results, meets the criteria to be classified as held for sale, or is disposed of by sale or otherwise. For 2014 and previous years, a business was classified as a discontinued operation when (i) the operations and cash flows of the business were clearly distinguished and were eliminated from our ongoing operations; (ii) the business was either disposed of or was classified as held for sale; and (iii) we did not have any significant continuing involvement in the operations of the business after the disposal transactions. Significant judgments are involved in determining whether a business meets the criteria for discontinued operations reporting and the period in which these criteria are met.

If a business is reported as a discontinued operation, the results of operations through the date of sale, including any gain or loss recognized on the disposition, are presented on a separate line of the income statement. Interest on debt directly attributable to the discontinued operation is allocated to discontinued operations. Gains and losses related to the sale of businesses that do not meet the discontinued operation criteria are reported in continuing operations and separately disclosed if significant.

Assets Held for Sale—An asset or business is classified as held for sale when (i) management commits to a plan to sell and it is actively marketed; (ii) it is available for immediate sale and the sale is expected to be completed within one year; and (iii) it is unlikely significant changes to the plan will be made or that the plan will be withdrawn. In isolated instances, assets held for sale may exceed one year due to events or circumstances beyond our control. Upon being classified as held for sale, the recoverability of the carrying value must be assessed. Evaluating the recoverability of the assets of a business classified as held for sale follows a defined order in which property and intangible assets subject to amortization are considered only after the recoverability of goodwill and other assets are assessed. After the valuation process is completed, the assets held for sale are reported at the lower of the carrying value or fair value less cost to sell, and the assets are no longer depreciated or amortized. An impairment charge is recognized if the carrying value exceeds the fair value less cost to sell. The assets and related liabilities are aggregated and reported on separate lines of the balance sheet.

Assets Held for Use—If a decision to dispose of an asset or a business is made and the held for sale criteria are not met, it is considered held for use. Assets of the business are evaluated for recoverability in the following order: (i) assets other than goodwill, property and intangibles; (ii) property and intangibles subject to amortization; and (iii) goodwill. In evaluating the recoverability of property and intangible assets subject to amortization, the carrying value is first compared to the sum of the undiscounted cash flows expected to result from the use and eventual disposition. If the carrying value exceeds the undiscounted expected cash flows, then a fair value analysis is performed. An impairment charge is recognized if the carrying value exceeds the fair value.

LOSS CONTINGENCIES: Loss contingencies are accrued when a loss is probable and reasonably estimable. If a range of outcomes are possible, the most likely outcome is used to accrue these costs. Any insurance recovery is recorded separately if it is determined that a recovery is probable. Legal fees are accrued when incurred.

PROPERTY, PLANT AND EQUIPMENT: Property, plant and equipment is stated at cost, less accumulated depreciation. Assets are depreciated by the straight-line method and salvage value, if any, is assumed to be minimal. The table below presents the depreciation periods of the estimated useful lives of our property, plant and equipment. Accelerated methods are used for tax purposes.



	Useful Life Range	Weighted Average Life
Machinery and equipment	3-20 years	10 years
Buildings	10-40 years	28 years
Other items	3-15 years	8 years

Property is reviewed for recoverability at year end and whenever events or changes in circumstances indicate that its carrying value may not be recoverable as discussed above.

GOODWILL: Goodwill results from the acquisition of existing businesses and is not amortized; it is assessed for impairment annually and as triggering events may occur. We perform our annual review in the second quarter of each year. Our ten reporting units are the business groups one level below the operating segment level for which discrete financial information is available.

The Company has the option to first assess qualitative factors to determine whether events and circumstances indicate that it is more likely than not that goodwill is impaired. If after such an assessment, with regard to each reporting unit, the Company concludes that the goodwill of a reporting unit is not impaired, then no further action is required (commonly referred to as the Step Zero Analysis approach).

For those reporting units where a significant change or event occurs, and where potential impairment indicators exist (based on the Step Zero Analysis approach), recoverability of goodwill is then evaluated using a two-step process. The first step involves a comparison of the fair value of a reporting unit with its carrying value.

If the carrying value of the reporting unit exceeds its fair value, the second step of the process is necessary and involves a comparison of the implied fair value and the carrying value of the goodwill of that reporting unit. If the carrying value of the goodwill of a reporting unit exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to the excess.

Fair value of reporting units is determined using a combination of two valuation methods: a market approach and an income approach. Each method is generally given equal weight in determining the fair value assigned to each reporting unit. Absent an indication of fair value from a potential buyer or similar specific transaction, we believe that the use of these two methods provides a reasonable estimate of a reporting unit’s fair value. Assumptions common to both methods are operating plans and economic projections, which are used to project future revenues, earnings, and after-tax cash flows for each reporting unit. These assumptions are applied consistently for both methods.

The market approach estimates fair value by first determining price-to-earnings ratios for comparable publicly-traded companies with similar characteristics of the reporting unit. The price-to-earnings ratio for comparable companies is based upon current enterprise value compared to projected earnings for the next two years. The enterprise value is based upon current market capitalization and includes a control premium. Projected earnings are based upon market analysts’ projections. The earnings ratios are applied to the projected earnings of the comparable reporting unit to estimate fair value. Management believes this approach is appropriate because it provides a fair value estimate using multiples from entities with operations and economic characteristics comparable to our reporting units.

The income approach is based on projected future (debt-free) cash flow that is discounted to present value using factors that consider the timing and risk of future cash flows. Management believes that this approach is appropriate because it provides a fair value estimate based upon the reporting unit’s expected long-term operating cash flow performance. Discounted cash flow projections are based on 10-year financial forecasts developed from operating plans and economic projections noted above, sales growth, estimates of future expected changes in operating margins, terminal value growth rates, future capital expenditures and changes in working capital requirements. There are inherent assumptions and judgments required in the analysis of goodwill impairment. It is possible that assumptions underlying the impairment analysis will change in such a manner that impairment in value may occur in the future.

OTHER INTANGIBLE ASSETS: Substantially all other intangible assets are amortized using the straight-line method over their estimated useful lives and are evaluated for impairment using a process similar to that used in evaluating the recoverability of property, plant and equipment.



	Useful Life Range	Weighted Average Life
Other intangible assets	1-40 years	15 years

STOCK-BASED COMPENSATION: The cost of employee services received in exchange for all equity awards granted is based on the fair market value of the award as of the grant date. Expense is recognized net of an estimated forfeiture rate using the straight-line method over the vesting period of the award.

SALES RECOGNITION: We recognize sales when title and risk of loss pass to the customer. The terms of our sales are split approximately evenly between FOB shipping point and FOB destination. The timing of our recognition of FOB destination sales is determined based on shipping date and distance to the destination. We have no significant or unusual price protection, right of return or acceptance provisions with our customers. Sales allowances, discounts and rebates can be reasonably estimated throughout the period and are deducted from sales in arriving at net sales.

SHIPPING AND HANDLING FEES AND COSTS: Shipping and handling costs are included as a component of “Cost of goods sold.”

RESTRUCTURING COSTS: Restructuring costs are items such as employee termination, contract termination, plant closure and asset relocation costs related to exit activities or workforce reductions. Restructuring-related items are inventory writedowns and gains or losses from sales of assets recorded as the result of exit activities. We recognize a liability for costs associated with an exit or disposal activity when the liability is incurred. Certain termination benefits for which employees are required to render service are recognized ratably over the respective future service periods.

INCOME TAXES: The provision for income taxes is determined using the asset and liability approach of accounting for income taxes. Under this approach, deferred taxes represent the future tax consequences expected to occur when the reported amounts of assets and liabilities are recovered or paid. The provision for income taxes represents income taxes paid or payable for the current year plus the change in deferred taxes during the year. Deferred taxes result from differences between the financial and tax basis of our assets and liabilities and are adjusted for changes in tax rates and laws, as appropriate. A valuation allowance is provided to reduce deferred tax assets when management cannot conclude that it is more likely than not that a tax benefit will be realized. A provision is also made for incremental taxes on undistributed earnings of foreign subsidiaries and related companies to the extent that such earnings are not deemed to be indefinitely invested.

The calculation of our U.S., state, and foreign tax liabilities involves dealing with uncertainties in the application of complex global tax laws. We recognize potential liabilities for anticipated tax issues which might arise in the U.S. and other tax jurisdictions based on management’s estimate of whether, and the extent to which, additional taxes will be due. If payment of these amounts ultimately proves to be unnecessary, the reversal of the liabilities would result in tax benefits being recognized in the period when we determine the liabilities are no longer necessary. Conversely, if the estimate of tax liabilities proves to be less than the ultimate tax assessment, a further charge to tax expense would result.

CONCENTRATION OF CREDIT RISKS, EXPOSURES AND FINANCIAL INSTRUMENTS: We manufacture, market, and distribute products for the various end markets described in Note E. Our operations are principally located in the United States, although we also have operations in Europe, China, Canada, Mexico and other various countries.

We maintain allowances for potential credit losses. We perform ongoing credit evaluations of our customers’ financial conditions and generally require no collateral from our customers, some of which are highly leveraged. Management also monitors the financial condition and status of other notes receivable. Other notes receivable have historically primarily consisted of notes accepted as partial payment for the divestiture of a business or to support other business opportunities. Some of these companies are highly leveraged and the notes are not fully collateralized.

We have no material guarantees or liabilities for product warranties which require disclosure.

From time to time, we will enter into contracts to hedge foreign currency denominated transactions, and interest rates related to our debt. To minimize the risk of counterparty default, only highly-rated financial institutions that meet certain requirements are used. We do not anticipate that any of the financial institution counterparties will default on their obligations.

The carrying value of cash and short-term financial instruments approximates fair value due to the short maturity of those instruments.

OTHER RISKS: Although we obtain insurance for workers’ compensation, automobile, product and general liability, property loss and medical claims, we have elected to retain a significant portion of expected losses through the use of deductibles. Accrued liabilities include estimates for unpaid reported claims and for claims incurred but not yet reported. Provisions for losses are recorded based upon reasonable estimates of the aggregate liability for claims incurred utilizing our prior experience and information provided by our third-party administrators and insurance carriers.

DERIVATIVE FINANCIAL INSTRUMENTS: We utilize derivative financial instruments to manage market and financial risks related to foreign currency and interest rates. We seek to use derivative contracts that qualify for hedge accounting treatment; however some instruments that economically manage currency risk may not qualify for hedge accounting treatment. It is our policy not to speculate using derivative instruments.

Under hedge accounting, we formally document our hedge relationships, including identification of the hedging instruments and the hedged items, as well as our risk management objectives and strategies for entering into the hedge transaction. The process includes designating derivative instruments as hedges of specific assets, liabilities, firm commitments or forecasted transactions. We also formally assess both at inception and on a quarterly basis thereafter, whether the derivatives used in hedging transactions are highly effective in offsetting changes in either the fair value or cash flows of the hedged item. If it is determined that a derivative ceases to be highly effective, deferred gains or losses are recorded in the Consolidated Statements of Operations.

On the date the contract is entered into, we designate the derivative as one of the following types of hedging instruments and account for it as follows:

Cash Flow Hedge—The hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability or anticipated transaction is designated as a cash flow hedge. The effective portion of the change in fair value is recorded in accumulated other comprehensive income. When the hedged item impacts the income statement, the gain or loss included in other comprehensive income is reported on the same line of the Consolidated Statements of Operations as the hedged item to match the gain or loss on the derivative to the gain or loss on the hedged item. Any ineffective portion of the changes in the fair value is immediately reported in the Consolidated Statements of Operations on the same line as the hedged item. Settlements associated with the sale or production of product are presented in operating cash flows and settlements associated with debt issuance are presented in financing cash flows.

Fair Value Hedge—The hedge of a recognized asset or liability or an unrecognized firm commitment is designated as a fair value hedge. For fair value hedges, both the effective and ineffective portions of the changes in fair value of the derivative, along with the gain or loss on the hedged item that is attributable to the hedged risk, are recorded in earnings and reported in the Consolidated Statements of Operations on the same line as the hedged item. Cash flows from settled contracts are presented in the category consistent with the nature of the item being hedged.

FOREIGN CURRENCY TRANSLATION: The functional currency for most foreign operations is the local currency. The translation of foreign currencies into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date and for income and expense accounts using monthly average exchange rates. The cumulative effects of translating the functional currencies into the U.S. dollar are included in comprehensive income.

RECLASSIFICATIONS: Certain reclassifications have been made to the prior years’ information in the Consolidated Financial Statements and related notes to conform to the 2016 presentation. The first reclassification was a result of changes in our management organizational structure and related internal reporting (See Note E - Segment Information); the final was associated with a balance sheet reclassification for new accounting guidance related to the presentation of debt issuance costs as discussed below.

NEW ACCOUNTING GUIDANCE: The Financial Accounting Standards Board (FASB) regularly issues updates to the FASB Accounting Standards Codification that are communicated through issuance of an Accounting Standards Update (ASU).

Below is a summary of the ASUs, effective for current or future periods, most relevant to our financial statements:

Adopted in 2016:


•	ASU 2016-09 “Improvements to Employee Share-Based Payment Accounting”: Simplifies the financial reporting for share-based compensation. We adopted this guidance in the first quarter of 2016:


◦	All income tax effects of stock-based compensation are now classified within income tax expense, rather than recognizing some of the effects in additional contributed capital. To the extent tax deductions from stock-based compensation payments differ from the compensation cost recognized for financial reporting purposes, the tax effects are recorded as discrete items in that quarter.


◦	Prospective application was required, and the impact of adopting this new guidance resulted in an additional tax benefit of $18.2 for 2016.


◦	This ASU impacted the calculation of the dilutive effect of stock-based compensation on earnings per share, which resulted in an increase in our average diluted shares outstanding of approximately .5 shares.


◦	The income tax effects are now classified as cash flow from operations, rather than cash flow from financing activities. We have elected to apply this cash flow classification guidance prospectively.


◦	Consistent with our past practice, when shares are withheld from the issuance of stock to fund the payment of the employee’s taxes, the payment is classified as a financing activity.


◦	We have elected to continue to estimate the number of stock-based awards expected to vest, rather than electing to account for forfeitures as they occur.

•

ASU 2015-03 “Simplifying the Presentation of Debt Issuance Costs”: Changes the presentation of long-term debt issuance costs in the financial statements to a reduction of the related liability rather than as a separate asset. We adopted this ASU in the first quarter of 2016 and retrospectively reclassified net deferred loan costs associated with each of our long-term debt issuances from assets to long-term debt on the balance sheet. The adoption of this ASU did not have a material impact on our financial statements.

To be adopted in future years:

•

ASU 2016-02 “ Leases”: Requires that a lessee recognize a right-of-use asset and a lease liability on the balance sheet for most lease arrangements. This ASU will be effective January 1, 2019, and we are assessing all potential impacts of the standard. Currently, we anticipate adopting this standard January 1, 2019. We believe it will increase our assets and liabilities for the addition of right-of-use assets and the corresponding lease liabilities on the balance sheet. We are also evaluating its impact on our statements of operations and cash flows.

•

ASUs 2016-13 “Financial Instruments - Credit Losses”, 2016-15 “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the Emerging Issues Task Force)”, and 2016-16 “Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory” are currently being evaluated, however, we do not expect these updates to materially impact our future financial statements.

•

ASU 2014-09 “Revenue from Contracts with Customers”: Supersedes most of the existing authoritative literature for revenue recognition and prescribes a five-step model for recognizing revenue from contracts with customers. In July 2015, the FASB deferred the effective date of this ASU by one year, which results in the new standard being effective January 1, 2018. In addition, the FASB has issued several amendments to the standard during 2016. This standard permits two transition methods, the full retrospective method or the modified retrospective method. The new standard will also require expanded disclosures pertaining to revenues from contracts with customers in the notes to the financial statements.

We established a cross-functional implementation team in 2014 to assess all potential impacts of this standard We continue to make progress in implementing the new revenue standard and in evaluating its impact on our future financial statements. We have not yet selected a transition method. We will apply the guidance at the new revenue standard’s effective date of January 1, 2018.

The FASB has issued accounting guidance, in addition to the issuance discussed above, effective for current and future periods. This guidance did not have a material impact on our current financial statements, and we do not believe it will have a material impact on our future financial statements.

Discontinued Operations

12 Months Ended

Dec. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations, Assets Held for Sale, and Other Divestitures

Discontinued Operations

During the fourth quarter of 2014, we divested the majority of our Store Fixtures reporting unit, which was previously part of the Furniture Products segment. We sold the final Store Fixtures business in the fourth quarter of 2015. Total consideration for these businesses was approximately $72 during this time period. No significant gains or losses were realized on the sale of these businesses.

The table below includes activity related to discontinued operations for the years presented:



	Year Ended
	2016			2015			2014
Trade sales:
Furniture Products - Store Fixtures	$	—		$	19.4		$	167.4
Earnings (loss):
Furniture Products - Store Fixtures (1)	$	.7		$	3.4		$	(120.9	)
Subsequent activity related to divestitures completed prior to 2014 (2)	29.4			(1.5		)	(35.4		)
Earnings (loss) before interest and income taxes (EBIT)	30.1			1.9			(156.3		)
Income tax (expense) benefit (3)	(11.0		)	(.7		)	32.3
Earnings (loss) from discontinued operations, net of tax	$	19.1		$	1.2		$	(124.0	)


(1)	This includes goodwill impairment charges of $108.0 in 2014 as discussed in Note C.

(2)

In 2016, we reached a litigation settlement of our antitrust claims against The Dow Chemical Company by agreeing to release our claims regarding this matter for a net cash payment of approximately $38.0 (pretax, after deducting expenses). Of this amount, $31.4 was associated with our former Prime Foam Products unit (previously part of the Residential Products Segment), which we sold in March 2007. The after-tax income associated with the settlement was approximately $25, of which approximately $20 is reflected in discontinued operations. This matter is now fully resolved. In an unrelated matter, accruals of $2.0, $.7 and $35.3 in 2016, 2015 and 2014, respectively were recorded in discontinued operations for antitrust litigation expense associated with the Prime Foam Products unit as discussed in Note S.


(3)	The 2016 tax expense is primarily related to The Dow Chemical settlement. The 2014 tax benefit is primarily related to the Store Fixtures goodwill impairment and the Prime Foam litigation.

Assets Held for Sale

We had excess real estate considered held for sale of $11.0 and $8.4 at December 31, 2016 and 2015, respectively.

Other Divestitures

The following businesses were divested during the periods presented, but did not meet the discontinued operations criteria.



	Date	Year Ended
	Divested	2016			2015			2014
Trade Sales:
Residential Products:
Machinery operation	Fourth quarter 2016	3.1			3.7			4.7
Industrial Products:
Wire Products operation	Fourth quarter 2016	$	18.5		$	20.3		$	18.6
Wire Products operation	Second quarter 2016	19.5			49.1			54.9
Steel Tubing business unit	Fourth quarter 2015	—			88.9			94.3
Specialized Products:
Commercial Vehicle Products (CVP) operation	Second quarter 2016	15.3			27.5			26.6
CVP operation	Fourth quarter 2015	—			9.3			17.3
Total Trade Sales		$	56.4		$	198.8		$	216.4
EBIT:
Residential Products:
Machinery operation	Fourth quarter 2016	(.3		)	.1			.1
Industrial Products:
Wire Products operation	Fourth quarter 2016	$	.5		$	2.3		$	2.4
Wire Products operation	Second quarter 2016	1.3			.7			.4
Steel Tubing business unit	Fourth quarter 2015	—			.2			(1.8		)
Specialized Products:
CVP operation	Second quarter 2016	2.8			3.9			4.0
CVP operation	Fourth quarter 2015	—			(.6		)	(1.5		)
Total EBIT		$	4.3		$	6.6		$	3.6

We realized a gain of $21.2 related to the sale of the Wire Products operations in 2016 and a gain of $11.2 related to the sale of a CVP operation in the second quarter of 2016. No material gains or losses were realized on the sale of other businesses.

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Intangible Assets Disclosure [Abstract]

Impairment Charges

12 Months Ended

Dec. 31, 2016

Impairment Charges

Pre-tax impact of impairment charges is summarized in the following table.

Other long-lived asset impairments are reported in "Other (income) expense, net." Charges associated with discontinued operations are reported on the Statements of Operations in “Earnings (loss) from discontinued operations, net of tax.”



	Year Ended
			2016						2015						2014
	Goodwill Impairment		Other Long-Lived Asset Impairments		Total Impairments		Goodwill Impairment		Other Long-Lived Asset Impairments		Total Impairments		Goodwill Impairment		Other Long-Lived Asset Impairments		Total Impairments
Continuing operations:
Residential Products	$	—	$	.4	$	.4	$	—	$	.7	$	.7	$	—	$	1.2	$	1.2
Industrial Products - Steel Tubing	—		—		—		4.1		1.4		5.5		—		—		—
Specialized Products:
CVP unit	3.7		—		3.7		—		.1		.1		—		—		—
Other	—		—		—		—		—		—		—		.1		.1
Total continuing operations	3.7		.4		4.1		4.1		2.2		6.3		—		1.3		1.3
Discontinued operations:
Furniture Products - Store Fixtures	—		—		—		—		—		—		108.0		—		108.0
Other	—		—		—		—		.2		.2		—		—		—
Total discontinued operations	—		—		—		—		.2		.2		108.0		—		108.0
Total impairment charges	$	3.7	$	.4	$	4.1	$	4.1	$	2.4	$	6.5	$	108.0	$	1.3	$	109.3

Other Long-Lived Assets

As discussed in Note A, we test other long-lived assets for recoverability at year end and whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Fair value and the resulting impairment charges noted above were based primarily upon offers from potential buyers or third party estimates of fair value less selling costs.

Goodwill

As discussed in Note A, goodwill is required to be tested for impairment at the reporting unit level at least once a year and as triggering events may occur. We perform our annual goodwill impairment review in the second quarter of each year.

2016 Goodwill Impairment Review

Because all reporting unit fair values exceeded their respective carrying values by more than 55% (as a percent of fair value) during the 2015 review, we performed a qualitative assessment (Step Zero Analysis) for our annual goodwill impairment review in the second quarter of 2016. Among other things, we considered i) the excess in fair value of the reporting unit over its carrying amount from the most recent quantitative analysis, ii) macroeconomic conditions, iii) industry and market trends, and iv) overall financial performance.

Based on the Step Zero Analysis we concluded that it is more likely than not that the fair value of the reporting units exceeded their carrying amount, except for our CVP reporting unit.

With regard to our CVP reporting unit, in the second quarter of 2016 we sold one of our two remaining businesses. Additionally, real estate associated with the remaining CVP business reached held for sale status during the second quarter of 2016. As a result of these two events, the fair value of the CVP reporting unit (consisting of one remaining business) had fallen below its carrying amount, and we fully impaired the remaining $3.7 of goodwill for this reporting unit.

2015 Goodwill Impairment Review

The 2015 goodwill impairment review indicated no goodwill impairments.

The Steel Tubing unit met the held for sale criteria during the first quarter of 2015. Because fair value less costs to sell had fallen below recorded book value, we fully impaired this unit's goodwill and incurred a $4.1 goodwill impairment charge in the first quarter of 2015.

The fair values of reporting units in relation to their respective carrying values and significant assumptions used in the second quarter 2015 review are presented in the table below.



Excess of Fair Value over Carrying Value as a Percentage of Fair Value	December 31, 2015 Goodwill Value		10-year Compound Annual Growth Rate Range for Sales		Terminal Values Long- term Growth Rate for Debt-Free Cash Flow		Discount Rate Ranges
< 25%	$	—	—	%	—	%	—	%
25-49%	—		—	%	—	%	—	%
50% - 74%	588.7		.6% - 7.0%		3.0	%	8.0% - 12.5%
75%+	217.4		3.1% - 10.9%		3.0	%	8.0% - 9.0%
	$	806.1	.6% - 10.9%		3.0	%	8.0% - 12.5%

2014 Goodwill Impairment Review

After completing our annual goodwill impairment review in June 2014, we concluded that a goodwill impairment charge was required for one reporting unit, Store Fixtures which was recorded as discontinued operations, and was previously part of the Furniture Products segment. This resulted in a $108.0 goodwill impairment and reflected the complete impairment of all goodwill associated with the Store Fixtures reporting unit. As discussed in Note B, the majority of the Store Fixtures business was divested in November 2014, and the remainder in the fourth quarter 2015.

Goodwill And Other Intangible Assets

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Other Intangible Assets

Goodwill and Other Intangible Assets

The changes in the carrying amounts of goodwill are as follows:



	Residential Products			Industrial Products			Furniture Products			Specialized Products			Total
Net goodwill as of January 1, 2015	$	359.8		$	81.0		$	187.2		$	201.4		$	829.4
Additions for current year acquisitions	—			—			7.9			—			7.9
Adjustments to prior year acquisitions	1.1			—			—			—			1.1
Reductions for sale of business	—			—			—			(.4		)	(.4		)
Impairment charge (1)	—			(4.1		)	—			—			(4.1		)
Foreign currency translation adjustment	(9.7		)	(.2		)	(5.1		)	(12.8		)	(27.8		)
Net goodwill as of December 31, 2015	351.2			76.7			190.0			188.2			806.1
Additions for current year acquisitions	4.9			—			—			3.8			8.7
Adjustments to prior year acquisitions	—			—			.1			—			.1
Reductions for sale of business	(.1		)	(4.3		)	—			(8.8		)	(13.2		)
Impairment charge (2)	—			—			—			(3.7		)	(3.7		)
Foreign currency translation adjustment	(3.2		)	(.5		)	(2.2		)	(.8		)	(6.7		)
Net goodwill as of December 31, 2016	$	352.8		$	71.9		$	187.9		$	178.7		$	791.3

Net goodwill as of December 31, 2016 is comprised of:
Gross goodwill	$	352.8		$	76.0		$	438.5		$	245.4		$	1,112.7
Accumulated impairment losses	—			(4.1		)	(250.6		)	(66.7		)	(321.4		)
Net goodwill as of December 31, 2016	$	352.8		$	71.9		$	187.9		$	178.7		$	791.3

(1) We recorded a goodwill impairment charge related to the Steel Tubing unit as outlined in Note C.

(2) We recorded a goodwill impairment charge related to the Commercial Vehicle Products unit as outlined in Note C.

The gross carrying amount and accumulated amortization by intangible asset class and intangible assets acquired during the period presented included in "Other intangibles" on the Consolidated Balance Sheets are as follows:



	Debt Issue Costs		Patents and Trademarks		Non-compete Agreements		Customer- Related Intangibles		Supply Agreements and Other		Total
2016
Gross carrying amount	$	3.1	$	58.0	$	13.9	$	200.9	$	26.0	$	301.9
Accumulated amortization	1.6		30.8		4.4		87.9		12.3		137.0
Net other intangibles as of December 31, 2016	$	1.5	$	27.2	$	9.5	$	113.0	$	13.7	$	164.9

Acquired during 2016:
Acquired related to business acquisitions	$	—	$	1.9	$	2.8	$	7.6	$	—	$	12.3
Acquired outside business acquisitions	.9		2.4		—		—		2.1		5.4
Total acquired in 2016	$	.9	$	4.3	$	2.8	$	7.6	$	2.1	$	17.7

Weighted average amortization period in years for items acquired in 2016	5.0		9.6		5.2		12.0		3.5		9.0

2015
Gross carrying amount	$	2.2	$	60.4	$	11.5	$	224.4	$	29.7	$	328.2
Accumulated amortization	1.3		31.4		2.8		90.9		13.4		139.8
Net other intangibles as of December 31, 2015	$	.9	$	29.0	$	8.7	$	133.5	$	16.3	$	188.4

Acquired during 2015:
Acquired related to business acquisitions	$	—	$	4.6	$	5.1	$	5.2	$	—	$	14.9
Acquired outside business acquisitions	—		1.8		—		—		1.1		2.9
Total acquired in 2015	$	—	$	6.4	$	5.1	$	5.2	$	1.1	$	17.8

Weighted average amortization period in years for items acquired in 2015	0.0		5.2		10.0		19.0		3.9		10.5

Estimated amortization expense for items included in our December 31, 2016 balance sheet in each of the next five years is as follows:



Year ended December 31
2017	$	22
2018	20
2019	19
2020	17
2021	12

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

Segment Information

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Information

Our reportable segments are the same as our operating segments, which also correspond with our management structure. In conjunction with a change in executive officers, our management structure and all related internal reporting changed as of January 1, 2017. As a result, the composition of our four segments also changed to reflect the new structure.

The new structure is largely the same as prior years except the Home Furniture Group moved from Residential Products to Furniture Products (formerly Commercial Products) and the Machinery Group moved from Specialized Products to Residential Products. In addition, the changes in LIFO reserve will now be recognized within the segments to which they relate (primarily Industrial Products). Previously segment EBIT (Earnings Before Interest and Taxes) reflected the FIFO basis of accounting for certain inventories and an adjustment to the LIFO basis for these inventories was made at the consolidated financial statement level. These changes were retrospectively applied to all prior periods presented. The methods and assumptions that we use in estimating our LIFO reserve did not change (See Note A - Summary of Significant Accounting Policies).

We have four operating segments that supply a wide range of products:


•	Residential Products: This segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products. We also produce or distribute carpet cushion, fabric, and geo components.


•	Industrial Products: These operations primarily supply steel rod and drawn steel wire to our other operations and to external customers. Our customers use this wire to make bedding, mechanical springs, and many other end products.


•	Furniture Products: Operations in this segment supply a wide range of components for residential and work furniture manufacturers, as well as select lines of private-label finished furniture, adjustable bed bases, fashion beds, and bed frames.


•	Specialized Products: From this segment we supply mechanical and pneumatic lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. We also produce and distribute titanium and nickel tubing and tube assemblies for the aerospace industry.

Each reportable segment has an executive vice president that reports to the chief executive officer, who is the chief operating decision maker (CODM). The operating results and financial information reported through the segment structure are regularly reviewed and used by the CODM 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. We evaluate performance based on 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 or other appropriate metrics. 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 for the periods presented are as follows:



	Year Ended December 31
	Trade Sales		Inter- Segment Sales		Total Sales		EBIT
2016
Residential Products	$	1,571.4	$	17.2	$	1,588.6	$	167.5
Industrial Products	289.4		293.1		582.5		65.3
Furniture Products	989.3		59.3		1,048.6		106.6
Specialized Products	899.8		6.5		906.3		181.4
Intersegment eliminations and other							1.2
	$	3,749.9	$	376.1	$	4,126.0	$	522.0
2015
Residential Products	$	1,666.1	$	21.9	$	1,688.0	$	154.7
Industrial Products	427.6		349.0		776.6		76.8
Furniture Products	982.7		89.1		1,071.8		118.1
Specialized Products	840.8		6.4		847.2		150.2
Intersegment eliminations and other (1)							(13.3		)
	$	3,917.2	$	466.4	$	4,383.6	$	486.5
2014
Residential Products	$	1,574.2	$	21.2	$	1,595.4	$	88.4
Industrial Products	492.0		321.3		813.3		44.0
Furniture Products	903.3		49.3		952.6		82.0
Specialized Products	812.8		4.2		817.0		119.5
Intersegment eliminations and other							(2.4		)
	$	3,782.3	$	396.0	$	4,178.3	$	331.5

(1) - Intersegment eliminations and other includes $12.1 of a lump-sum pension settlement (See Note L).

Average assets for our segments are shown in the table below and reflect the basis for return measures used by management to evaluate segment performance. These segment totals include working capital (all current assets and current liabilities) plus net property, plant and equipment. Segment assets for all years are reflected at their estimated average for the year. Acquired companies’ long-lived assets as disclosed below include property, plant and equipment and other long-term assets.



	Year Ended December 31
	Assets			Additions to Property, Plant and Equipment		Acquired Companies’ Long-Lived Assets		Depreciation And Amortization
2016
Residential Products	$	527.2		$	32.4	$	11.2	$	42.9
Industrial Products	147.4			10.1		—		11.8
Furniture Products	219.4			16.6		—		14.4
Specialized Products	248.7			42.2		13.7		29.7
Other (1)	.2			—		—		—
Average current liabilities included in segment numbers above	495.9			—		—		—
Unallocated assets (2)	1,378.3			22.7		—		16.6
Difference between average assets and year-end balance sheet	(33.0		)	—		—		—
	$	2,984.1		$	124.0	$	24.9	$	115.4
2015
Residential Products	$	548.2		$	36.1	$	.2	$	42.5
Industrial Products	186.7			12.5		—		14.2
Furniture Products	212.0			13.9		25.4		13.7
Specialized Products	230.1			31.1		—		28.2
Other (1)	6.3			—		—		.1
Average current liabilities included in segment numbers above	516.6			—		—		—
Unallocated assets (2)	1,387.0			9.6		—		14.5
Difference between average assets and year-end balance sheet	(123.2		)	—		—		—
	$	2,963.7		$	103.2	$	25.6	$	113.2
2014
Residential Products	$	518.7		$	42.1	$	47.3	$	42.7
Industrial Products	202.6			13.6		—		14.0
Furniture Products	195.5			10.2		13.5		13.7
Specialized Products	229.6			25.2		—		28.6
Other (1)	68.0			1.4		—		2.9
Average current liabilities included in segment numbers above	520.8			—		—		—
Unallocated assets (2)	1,465.7			1.6		—		16.0
Difference between average assets and year-end balance sheet	(65.0		)	—		—		—
	$	3,135.9		$	94.1	$	60.8	$	117.9


(1)	Businesses sold or classified as discontinued operations during the years presented.


(2)	Unallocated assets consist primarily of goodwill, other intangibles, cash and deferred tax assets. Unallocated depreciation and amortization consists primarily of depreciation of non-operating assets and amortization of debt issue costs.

Revenues from trade customers, by product line, are as follows:



	Year Ended December 31
	2016		2015		2014
Residential Products
Bedding group	$	831.8	$	918.3	$	833.4
Fabric & Carpet Cushion group	666.8		675.0		672.3
Machinery group	72.8		72.8		68.5
	1,571.4		1,666.1		1,574.2
Industrial Products
Wire group (1)	289.4		338.6		397.6
Steel Tubing group (1)	—		89.0		94.4
	289.4		427.6		492.0

Furniture Products
Home Furniture group	413.3		442.9		431.7
Consumer Products group	327.2		305.6		277.3
Work Furniture group	248.8		234.2		194.3
	989.3		982.7		903.3
Specialized Products
Automotive group	695.0		621.9		589.4
Aerospace Products group	129.7		123.2		123.9
Commercial Vehicle Products group (1)	75.1		95.7		99.5
	899.8		840.8		812.8
	$	3,749.9	$	3,917.2	$	3,782.3

(1) Certain operations in the Wire and CVP groups were sold in 2016. The Steel Tubing group was sold in 2015. See Note B.

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



	Year Ended December 31
	2016		2015		2014
Trade sales
United States	$	2,467.4	$	2,703.7	$	2,599.0
Europe	445.2		426.8		422.7
China	420.0		392.0		390.0
Canada	215.1		203.1		206.5
Mexico	132.8		117.3		90.1
Other	69.4		74.3		74.0
	$	3,749.9	$	3,917.2	$	3,782.3
Tangible long-lived assets
United States	$	342.8	$	336.8	$	331.8
Europe	128.6		123.6		129.6
China	45.5		41.8		40.5
Canada	29.6		23.0		25.6
Mexico	6.3		7.6		9.8
Other	12.7		8.0		11.5
	$	565.5	$	540.8	$	548.8

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.

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Accounts and Other Receivables

Earnings Per Share

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share

Basic and diluted earnings per share were calculated as follows:



	Year Ended December 31
	2016			2015			2014
Earnings:
Earnings from continuing operations	$	367.1		$	328.0		$	225.2
(Earnings) attributable to noncontrolling interest, net of tax	(.4		)	(4.1		)	(3.2		)
Net earnings from continuing operations attributable to Leggett & Platt common shareholders	366.7			323.9			222.0
Earnings (loss) from discontinued operations, net of tax	19.1			1.2			(124.0		)
Net earnings attributable to Leggett & Platt common shareholders	$	385.8		$	325.1		$	98.0

Weighted average number of shares (in millions):
Weighted average number of common shares used in basic EPS	137.9			140.9			141.4
Dilutive effect of equity-based compensation	2.1			2.0			1.8
Weighted average number of common shares and dilutive potential common shares used in diluted EPS	140.0			142.9			143.2

Basic and Diluted EPS:
Basic EPS attributable to Leggett & Platt common shareholders
Continuing operations	$	2.66		$	2.30		$	1.57
Discontinued operations	.14			.01			(.88		)
Basic EPS attributable to Leggett & Platt common shareholders	$	2.80		$	2.31		$	.69
Diluted EPS attributable to Leggett & Platt common shareholders
Continuing operations	$	2.62		$	2.27		$	1.55
Discontinued operations	.14			.01			(.87		)
Diluted EPS attributable to Leggett & Platt common shareholders	$	2.76		$	2.28		$	.68

Other information:
Anti-dilutive shares excluded from diluted EPS computation	—			—			—

Accounts and Other Receivables

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Accounts and other receivables at December 31 consisted of the following:



	2016						2015
	Current			Long-term			Current			Long-term
Trade accounts receivable	$	456.5		$	—		$	457.5		$	—
Trade notes receivable	1.5			.7			.5			.6
Total trade receivables	458.0			.7			458.0			.6
Other notes receivable	—			24.6			—			.4
Income tax receivables	9.1			—			32.6			—
Other receivables	26.7			—			38.9			—
Subtotal other receivables	35.8			24.6			71.5			.4
Total trade and other receivables	493.8			25.3			529.5			1.0
Allowance for doubtful accounts:
Trade accounts receivable	(7.1		)	—			(9.2		)	—
Trade notes receivable	(.1		)	(.2		)	(.1		)	(.2		)
Total trade receivables	(7.2		)	(.2		)	(9.3		)	(.2		)
Other notes receivable	—			—			—			(.4		)
Total allowance for doubtful accounts	(7.2		)	(.2		)	(9.3		)	(.6		)
Total net receivables	$	486.6		$	25.1		$	520.2		$	.4

Notes that were past due more than 90 days or had been placed on non-accrual status were not significant for the periods presented.

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



	Balance at December 31, 2014		Add: 2015 Charges		Less: 2015 Charge-offs, Net of Recoveries		Balance at December 31, 2015		Add: 2016 Charges			Less: 2016 Charge-offs, Net of Recoveries			Balance at December 31, 2016
Trade accounts receivable	$	14.7	$	2.3	$	7.8	$	9.2	$	1.8		$	3.9		$	7.1
Trade notes receivable	2.1		.3		2.1		.3		(.2		)	(.2		)	.3
Total trade receivables	16.8		2.6		9.9		9.5		1.6			3.7			7.4
Other notes receivable	.4		—		—		.4		—			.4			—
Total allowance for doubtful accounts	$	17.2	$	2.6	$	9.9	$	9.9	$	1.6		$	4.1		$	7.4

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Information

12 Months Ended

Dec. 31, 2016

Supplemental Balance Sheet Information

Additional supplemental balance sheet details at December 31 consisted of the following:



	2016		2015
Sundry assets
Deferred taxes (see Note M)	$	23.9	$	33.3
Assets held for sale (see Note B)	11.0		8.4
Diversified investments associated with stock-based compensation plans (see Note K)	25.0		20.5
Investment in associated companies	7.1		7.1
Pension plan assets (see Note L)	1.1		1.3
Brazilian VAT deposits (see Note S)	12.5		10.3
Net long-term notes receivable	25.1		.4
Other	31.8		35.9
	$	137.5	$	117.2
Accrued expenses
Litigation contingency accruals (see Note S)	$	3.2	$	8.1
Wages and commissions payable	76.8		75.1
Workers’ compensation, auto and product liability, medical and disability	48.7		53.9
Sales promotions	35.2		35.1
Liabilities associated with stock-based compensation plans (see Note K)	19.0		29.8
Accrued interest	8.8		8.6
General taxes, excluding income taxes	16.0		16.6
Environmental reserves	3.5		4.2
Other	46.5		55.3
	$	257.7	$	286.7
Other current liabilities
Dividends payable	$	45.4	$	43.5
Customer deposits	14.4		12.6
Sales tax payable	5.2		7.3
Derivative financial instruments (see Note R)	4.1		12.2
Liabilities associated with stock-based compensation plans (see Note K)	1.8		1.5
Outstanding checks in excess of book balances	17.8		20.7
Other	5.5		6.1
	$	94.2	$	103.9
Other long-term liabilities
Liability for pension benefits (see Note L)	$	79.6	$	83.7
Liabilities associated with stock-based compensation plans (see Note K)	31.2		30.9
Net reserves for tax contingencies	15.1		19.9
Deferred compensation (see Note K)	18.0		17.9
Other	29.1		32.3
	$	173.0	$	184.7

Long-Term Debt

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt, interest rates and due dates at December 31 are as follows:



	2016					2015
	Year-end Interest Rate		Due Date Through	Balance		Year-end Interest Rate		Due Date Through	Balance
Term notes	3.8	%	2024	$	745.3	3.8	%	2024	$	744.4
Industrial development bonds, principally variable interest rates	.9	%	2030	12.5		.3	%	2030	14.8
Commercial paper	(1	)	2021	195.9		(1	)	2019	181.5
Capitalized leases (primarily machinery, vehicle and office equipment)				5.7					4.2
Other, partially secured				.4					—
				959.8					944.9
Less current maturities				3.6					3.4
				$	956.2				$	941.5

(1) The weighted average interest rate on the balance of commercial paper outstanding at December 31, 2016 and 2015 was 1.0% and .5%, respectively. The weighted average interest rate for the net commercial paper activity during the years ended December 31, 2016 and 2015 was .8% and .5%, respectively.

Maturities of long-term debt, including unamortized premium, discount and deferred loan costs are as follows:



Year ended December 31
2017	$	3.6
2018	153.0
2019	.7
2020	—
2021	195.2
Thereafter	607.3
	$	959.8

During the year ended December 31, 2015 we repaid $200 of 5.00% notes.

We can raise cash by issuing up to $750 of commercial paper through a program that is backed by a $750 revolving credit facility with a syndicate of 14 lenders. This facilty expires in 2021. The credit facility allows us to issue total letters of credit up to $250. When we issue letters of credit in this manner, our capacity under the facility, and consequently, our ability to issue commercial paper, is reduced by a corresponding amount. We had no outstanding letters of credit under the facility at year end for the periods presented.

Amounts outstanding at December 31 related to our commercial paper program were:



	2016			2015
Total program authorized	$	750.0		$	600.0

Commercial paper outstanding (classified as long-term debt)	(195.9		)	(181.5		)
Letters of credit issued under the credit facility	—			—
Total program usage	(195.9		)	(181.5		)
Total program available	$	554.1		$	418.5

The revolving credit facility and certain other long-term debt contain restrictive covenants which, among other things, limit a) the total amount of indebtedness to 65% of our total capitalization (each as defined in the revolving credit facility), b) the amount of total secured debt to 15% of our total consolidated assets, and c) the amount of assets sold, transferred or disposed of in any trailing four quarter period to 40% of total consolidated assets. We have remained well within compliance with all such covenants.

We may elect one of four types of borrowing under the revolving credit facility, which determines the rate of interest to be paid on the outstanding principal balance. The interest rate would be commensurate with the currency borrowed and the term of the borrowing, as well as either i.) a competitive variable or fixed rate, or ii.) various published rates plus a pre-defined spread.

We are required to periodically pay accrued interest on any outstanding principal balance under the revolving credit facility at different time intervals based upon the elected interest rate and the elected interest period. Any outstanding principal under this facility will be due upon the maturity date. We may also terminate or reduce the lending commitments under this facility, in whole or in part, upon three business days’ notice.

Lease Obligations

12 Months Ended

Dec. 31, 2016

Leases [Abstract]

Lease Obligations

We lease certain operating facilities, most of our automotive and trucking equipment and various other assets. Lease terms, including purchase options, renewals and maintenance costs, vary by lease.

Total rental expense for the periods presented was as follows:



	2016		2015		2014
Continuing operations	$	51.2	$	51.4	$	48.9
Discontinued operations	$	—	$	.5	$	2.1

Future minimum rental commitments for all long-term non-cancelable operating leases are as follows:



Year ended December 31
2017	$	33.6
2018	27.3
2019	20.1
2020	16.2
2021	12.2
Thereafter	23.4
	$	132.8

The above lease obligations expire at various dates through 2025. Aggregate rental commitments above include renewal amounts where it is our intention to renew the lease.

Stock-Based Compensation

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

We use various forms of share-based compensation which are summarized below. One stock unit is equivalent to one common share for accounting and earnings per share purposes. Shares are issued from treasury for the majority of our stock plans’ activity. All share information is presented in millions.

Stock options and stock units are granted pursuant to our Flexible Stock Plan (the "Plan"). On May 10, 2012, the Plan changed the way awards granted are charged against the number of available shares. Under the 2012 Plan modification, each option counts as one share against the shares available under the Plan, but each share granted for any other awards will count as three shares against the Plan.

At December 31, 2016, the following common shares were authorized for issuance under the Plan:



	Shares Available for Issuance	Maximum Number of Authorized Shares
Unexercised options	2.3	2.3
Outstanding stock units—vested	3.7	7.2
Outstanding stock units—unvested	1.3	3.7
Available for grant	10.5	10.5
Authorized for issuance at December 31, 2016	17.8	23.7

The following table recaps the impact of stock-based compensation (including discontinued operations) on the results of operations for each of the periods presented:



	Year Ended December 31
	2016				2015				2014
	To Be Settled With Stock		To Be Settled In Cash		To Be Settled With Stock		To Be Settled In Cash		To Be Settled With Stock		To Be Settled In Cash
Options (1):
Amortization of the grant date fair value	$	1.0	$	—	$	.2	$	—	$	.6	$	—
Cash payments in lieu of options	—		1.0		—		1.0		—		.8
Stock-based retirement plans contributions (2)	6.7		1.3		7.0		1.3		6.1		1.4
Discounts on various stock awards:
Deferred Stock Compensation Program (1)	2.0		—		1.9		—		2.2		—
Stock-based retirement plans (2)	1.5		—		1.4		—		1.9		—
Discount Stock Plan (6)	1.0		—		1.0		—		1.0		—
Performance Stock Unit awards (3)	4.8		6.5		8.3		10.6		6.4		13.9
Restricted Stock Units awards (4)	2.8		—		3.5		—		3.4		—
Profitable Growth Incentive awards (5)	1.4		1.0		6.0		5.9		4.4		4.4
Other, primarily non-employee directors restricted stock	1.0		—		1.2		—		1.3		—
Total stock-based compensation expense	22.2		$	9.8	30.5		$	18.8	27.3		$	20.5
Employee contributions for above stock plans	14.9				14.7				14.3
Total stock-based compensation	$	37.1			$	45.2			$	41.6

Tax benefits on stock-based compensation expense	$	8.1			$	11.6			$	10.4
Tax benefits on stock-based compensation payments (See Note A - Accounting Standards Update)	18.2				—				—
Total tax benefits associated with stock-based compensation	$	26.3			$	11.6			$	10.4

The following table recaps the impact of stock-based compensation on assets and liabilities for each of the periods presented:



	2016						2015
	Current		Long-term		Total		Current		Long-term		Total
Assets:
Diversified investments associated with the stock-based retirement plans (2)	$	1.8	$	25.0	$	26.8	$	1.5	$	20.5	$	22.0

Liabilities:
Stock-based retirement plans (2)	$	1.8	$	23.8	$	25.6	$	1.5	$	20.7	$	22.2
Performance Stock Unit award (3)	9.7		5.6		15.3		8.5		8.8		17.3
Profitable Growth Incentive award (5)	1.6		1.8		3.4		13.3		1.4		14.7
Other - primarily timing differences between employee withholdings and related employer contributions to be submitted to various plans' trust accounts	7.7		—		7.7		8.0		—		8.0
Total liabilities associated with stock-based compensation	$	20.8	$	31.2	$	52.0	$	31.3	$	30.9	$	62.2

(1) Stock Option Grants

We have historically granted stock options in the following areas:


•	On a discretionary basis to a broad group of employees


•	In conjunction with our Deferred Compensation Program


•	As compensation of outside directors

Options granted to a broad group of employees on a discretionary basis

Options are now offered only in conjunction with the Deferred Compensation Program discussed below, and for a few key executive awards. Prior to 2013, we granted stock options annually on a discretionary basis to a broad group of employees. Options generally become exercisable in one-third increments at 18 months, 30 months and 42 months after the date of grant. Options have a maximum term of ten years and the exercise prices are equal to Leggett’s closing stock price on the grant date.

Grant date fair values are calculated using the Black-Scholes option pricing model and are amortized by the straight-line method over the options’ total vesting period, except for employees who are retirement eligible. Expense for employees who are retirement eligible is recognized immediately. A person is retirement eligible if the employee is age 65, or age 55 with 20 years of Company service.

Deferred Compensation Program

We offer a Deferred Compensation Program under which key managers and outside directors may elect to receive stock options, stock units or interest-bearing cash deferrals in lieu of cash compensation:

•

Stock options under this program are granted on the last business day of the year prior to the year the compensation is earned. The number of options granted equals the deferred compensation times five, divided by the stock’s market price on the date of grant. The option has a 10-year term. It vests as the associated compensation is earned and becomes exercisable beginning 15 months after the grant date. Stock is issued when the option is exercised.

•

Deferred stock units (DSU) under this program are acquired every two weeks (when the compensation would have otherwise been paid) at a 20% discount to the market price of our common stock on each acquisition date, and they vest immediately. Expense is recorded as the compensation is earned. Stock units earn dividends at the same rate as cash dividends paid on our common stock. These dividends are used to acquire stock units at a 20% discount. Stock units are converted to common stock and distributed in accordance with the participant’s pre-set election. However, stock units may be settled in cash at our discretion. Participants must begin receiving distributions no later than ten years after the effective date of the deferral and installment distributions cannot exceed ten years.


•	Interest-bearing cash deferrals under this program are reported in Other long-term liabilities on the balance sheet and are disclosed in Note H.



	Options		Units		Cash
Aggregate amount of compensation deferred during 2016	$	.2	$	8.3	$	1.1

STOCK OPTIONS SUMMARY

Stock option information for the plans discussed above for the periods presented is as follows:



	Employee Stock Options		Deferred Compensation Options	Other-Primarily Outside Directors' Options**	Total Options		Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Life in Years	Aggregate Intrinsic Value
Outstanding at December 31, 2015	2.9		.2	—	3.1		$	21.30
Granted	.1		—	—	.1		43.77
Exercised *	(.9	)	—	—	(.9	)	19.80
Outstanding at December 31, 2016	2.1		.2	—	2.3		$	23.13	4.1	$	58.9
Vested or expected to vest					2.3		$	23.13	4.1	$	58.9
Exercisable (vested) at December 31, 2016					2.1		$	21.22	3.6	$	57.8


*	Prior to 2005, we granted options with a below market exercise price under the terms of our Deferred Compensation Program. In 2005, we amended the Program to provide only “at market” stock options. During 2016, there were no significant options exercised at a below market exercise price, and less than .1 of these options remain outstanding at December 31, 2016.


**	A small amount of options related to this plan (less than .1) were outstanding at December 31, 2016.

Additional information related to stock option activity for the periods presented is as follows:



	Year Ended December 31
	2016		2015		2014
Total intrinsic value of stock options exercised	$	27.7	$	17.1	$	35.2
Cash received from stock options exercised	4.9		8.3		21.8
Total fair value of stock options vested	.1		1.3		2.9

The following table summarizes fair values calculated (and assumptions utilized) using the Black-Scholes option pricing model.



	Year Ended December 31
	2016			2015			2014
Aggregate grant date fair value	$	1.4		$	.9		$	.1
Weighted-average per share grant date fair value	$	10.79		$	10.06		$	7.30
Risk-free interest rate	2.2		%	2.1		%	2.1		%
Expected life in years	7.9			7.5			6.0
Expected volatility (over expected life)	30.0		%	30.5		%	35.1		%
Expected dividend yield (over expected life)	3.0		%	3.0		%	3.9		%

The risk-free rate is determined based on U.S. Treasury yields in effect at the time of grant for maturities equivalent to the expected life of the option. The expected life of the option (estimated average period of time the option will be outstanding) is estimated based on the historical exercise behavior of employees, with executives displaying somewhat longer holding periods than other employees. Expected volatility is based on historical volatility through the grant date, measured daily for a time period equal to the option’s expected life. The expected dividend yield is estimated based on the dividend yield at the time of grant.

(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.

•

Participants in the SBP may contribute up to 6% of their compensation above a certain threshold to purchase Leggett stock or other investment alternatives at market prices. Employees are allowed to fully diversify their employee deferral accounts immediately and their employer matching accounts after three years of service. Dividends earned on Company stock held in the SBP are reinvested or paid in cash at the participant’s election.

•

Participants in the ESUP may contribute up to 10% (depending upon salary level) of their compensation above the same threshold applicable to the SBP. Participant contributions are credited to a diversified investment account established for the participant, and we make premium contributions to the diversified investment accounts equal to 17.65% of the participant’s contribution. A participant’s diversified investment account balance is adjusted to mirror the investment experience, whether positive or negative, of the diversified investments selected by the participant. Participants may change investment elections in the diversified investment accounts, but cannot purchase Company common stock or stock units. The diversified investment accounts consist of various mutual funds and retirement target funds and are unfunded, unsecured obligations of the Company that will be settled in cash. Both the assets and liabilities associated with this program are presented in the table above and are adjusted to fair value at each reporting period.

Company matching contributions to the ESUP, including dividend equivalents, are used to acquire stock units at 85% of the common stock market price on the acquisition date. Stock units are converted to common stock at a 1-to-1 ratio upon distribution from the program and may be settled in cash at our discretion.

Company matches in the SBP and ESUP fully vest upon three and five years, respectively, of cumulative service, subject to certain participation requirements. Distributions under both plans are triggered by an employee’s retirement, death, disability or separation from Leggett.

Information for the year ended December 31 for these plans was as follows:



	SBP 2016		ESUP 2016
Employee contributions	$	3.2	$	4.3
Less diversified contributions	.8		4.3
Total employee stock contributions	$	2.4	$	—
Employer premium contribution to diversified investment accounts			$	.8
Shares purchased by employees and company match	.1

Details regarding stock unit activity for the ESUP plan are reflected in the stock units summary table below.

(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 TSR 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. 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:



	Year Ended December 31,
	2016			2015			2014
Total shares base award	.1			.2			.2
Grant date per share fair value	$	40.16		$	42.22		$	30.45
Risk-free interest rate	1.3		%	1.1		%	.8		%
Expected life in years	3.0			3.0			3.0
Expected volatility (over expected life)	19.2		%	19.8		%	25.9		%
Expected dividend yield (over expected life)	3.1		%	2.9		%	3.9		%



Three-Year Performance Cycle
Award Year	Completion Date	TSR Performance Relative to the Peer Group (1%=Best)	Payout as a Percent of the Base Award	Number of Shares Distributed	Cash Portion		Distribution Date
2012	December 31, 2014	30	157.0%	.4 million	$	9.9	January 2015
2013	December 31, 2015	27	165.4%	.4 million	$	8.5	January 2016
2014	December 31, 2016	10	175.0%	.4 million	$	9.8	January 2017

We intend to pay out 65% of awards in shares of our common stock and 35% in cash, although we reserve the right to pay up to 100% in cash. The 35% portion is recorded as a liability and is adjusted to fair value at each reporting period.

(4) Restricted Stock Unit Awards

RSU awards are generally granted as follows:


•	Annual awards to selected managers, and


•	On a discretionary basis to selected employees


•	As compensation for outside directors, who have a choice to receive RSUs or restricted stock

The value of these awards is determined by the stock price on the day of the award, and expense is recognized over the vesting period.

(5) Profitable Growth Incentive Awards

The PGI awards are issued to certain key management employees as growth performance stock units (GPSUs). The GPSUs vest (0% to 250%) at the end of a two-year performance period. Vesting is based on the Company's or applicable profit center's revenue growth (adjusted by a GDP factor when applicable) and EBITDA margin over a two-year performance period. The 2014 base target PGI award was .1 shares, 2015 and 2016 were less than .1 shares. If earned, we intend to pay half in shares of our common stock and half in cash, although we reserve the right to pay up to 100% in cash. Both components are recorded as liabilities and adjusted to fair value at each reporting period.



Two-Year Performance Cycle
Award Year	Completion Date	Average Payout as a Percent of the Base Award	Estimated Number of Shares	Cash Portion		Expected Distribution Date
2013	December 31, 2014	127.0%	.1 million	$	3.5	March 2015
2014	December 31, 2015	224.7%	.2 million	$	6.7	March 2016
2015	December 31, 2016	36.0%	< .1 million	$	.8	March 2017

STOCK UNITS SUMMARY

Stock unit information for the plans discussed above is presented in the table below.



	DSU		ESUP		PSU*		RSU		PGI**		Total Units		Weighted Average Grant Date Fair Value per Unit		Aggregate Intrinsic Value
Non-vested at December 31, 2015	—		—		1.1		.2		.3		1.6		$	21.43
Granted based on current service	.2		.2		—		.1		—		.5		46.61
Granted based on future conditions	—		—		.2		—		.1		.3		19.23
Vested	(.2	)	(.2	)	(.4	)	(.2	)	(.2	)	(1.2	)	34.33
Forfeited	—		—		—		—		—		—		9.68
Total non-vested at December 31, 2016	—		—		.9		.1		.2		1.2		$	20.30	$	60.7
Fully vested shares available for issuance at December 31, 2016											3.7				$	182.4


*	PSU awards are presented at 175% (i.e., maximum) payout

** PGI awards are presented at 250% (i.e., maximum) payout



	Year Ended December 31
	2016		2015		2014
Total intrinsic value of vested stock units converted to common stock	$	24.8	$	27.7	$	9.2

STOCK-BASED COMPENSATION COST NOT YET RECOGNIZED

As of December 31, 2016, the unrecognized cost of non-vested stock options and units that are not adjusted to fair value at each reporting period was as follows:



	Options	Units
Unrecognized cost of non-vested stock	$ < .1	$	7.5
Weighted-average remaining contractual life in years	0.6	1.0

(6) Discount Stock Plan

Under the Discount Stock Plan (DSP), a tax-qualified §423 stock purchase plan, eligible employees may purchase shares of Leggett common stock at 85% of the closing market price on the last business day of each month. Shares are purchased and issued on the last business day of each month and generally cannot be sold or transferred for one year.



Average 2016 purchase price per share (net of discount)	$	40.73
2016 number of shares purchased by employees	.1
Shares purchased since inception in 1982	22.8
Maximum shares under the plan	27.0

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.

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

12 Months Ended

Dec. 31, 2016

Employee Benefit Plans

The Consolidated Balance Sheets reflect a net liability for the funded status of our domestic and foreign defined benefit pension plans. Our U.S. plans (comprised primarily of three significant plans) represent approximately 88% of our pension benefit obligation in each of the periods presented. Participants in one of the significant domestic plans have stopped earning benefits; this plan is referred to as "frozen" in the following narrative.

A summary of our pension obligations and funded status as of December 31 is as follows:



	2016			2015			2014
Change in Benefit Obligation
Benefit obligation, beginning of period	$	290.3		$	343.0		$	287.0
Service cost	4.4			4.3			3.0
Interest cost	11.3			12.6			12.9
Plan participants’ contributions	.7			.7			.6
Actuarial loss (gain)	9.8			(17.4		)	58.1
Benefits paid	(19.1		)	(13.9		)	(15.6		)
Settlements	—			(35.7		)	—
Foreign currency exchange rate changes	(4.4		)	(3.3		)	(3.0		)
Benefit obligation, end of period	293.0			290.3			343.0
Change in Plan Assets
Fair value of plan assets, beginning of period	207.5			258.9			248.0
Actual return on plan assets	18.9			(1.7		)	23.9
Employer contributions	9.8			1.8			4.1
Plan participants’ contributions	.7			.7			.6
Benefits paid	(19.1		)	(13.9		)	(15.6		)
Settlements	—			(35.7		)	—
Foreign currency exchange rate changes	(3.7		)	(2.6		)	(2.1		)
Fair value of plan assets, end of period	214.1			207.5			258.9
Net funded status	$	(78.9	)	$	(82.8	)	$	(84.1	)
Funded status recognized in the Consolidated Balance Sheets
Other assets—sundry	$	1.1		$	1.3		$	—
Other current liabilities	(.4		)	(.4		)	(.4		)
Other long-term liabilities	(79.6		)	(83.7		)	(83.7		)
Net funded status	$	(78.9	)	$	(82.8	)	$	(84.1	)

Accumulated and projected benefit obligation information at December 31 is recapped below:



	2016		2015		2014
Aggregated plans with accumulated benefit obligations in excess of plan assets:
Projected benefit obligation	$	281.7	$	274.7	$	343.0
Accumulated benefit obligation	277.5		271.5		338.5
Fair value of plan assets	202.1		190.8		258.9
Aggregated plans with projected benefit obligations in excess of plan assets:
Projected benefit obligation	285.3		277.8		343.0
Fair value of plan assets	205.3		193.7		258.9
Accumulated benefit obligation for all defined benefit plans	280.5		274.3		338.5

Included in the above plans is a subsidiary’s unfunded supplemental executive retirement plan. This is a non-qualified plan, and these benefits are secured by insurance policies that are not included in the plan’s assets. Cash surrender values associated with these policies at December 31 were as follows:



	2016		2015		2014
Cash surrender values	$	2.4	$	2.3	$	2.2

Comprehensive Income

Amounts and activity included in accumulated other comprehensive income associated with pensions are reflected below:



	December 31, 2015			2016 Amortization			2016 Net Actuarial loss		2016 Foreign currency exchange rates change			2016 Income taxes change		December 31, 2016
Net loss (gain) (before tax)	$	92.1		$	(4.5	)	$	3.8	$	(.8	)	$	—	$	90.6
Deferred income taxes	(34.0		)	—			—		—			.6		(33.4		)
Accumulated other comprehensive income (net of tax)	$	58.1		$	(4.5	)	$	3.8	$	(.8	)	$	.6	$	57.2

Of the amounts in accumulated other comprehensive income as of December 31, 2016, the portions expected to be recognized as components of net periodic pension cost in 2017 are as follows:



Net loss	$	4.5

Net Pension (Expense) Income

Components of net pension (expense) income for the years ended December 31 were as follows:



	2016			2015			2014
Service cost	$	(4.4	)	$	(4.3	)	$	(3.0	)
Interest cost	(11.3		)	(12.6		)	(12.9		)
Expected return on plan assets	12.9			16.5			15.9
Amortization of prior service cost	—			—			(.3		)
Recognized net actuarial loss	(4.5		)	(5.2		)	(2.8		)
Settlements	—			(12.1		)	—
Net pension (expense) income	$	(7.3	)	$	(17.7	)	$	(3.1	)
Weighted average assumptions for pension costs:
Discount rate used in net pension costs	4.1		%	3.8		%	4.6		%
Rate of compensation increase used in pension costs	3.5		%	3.5		%	3.8		%
Expected return on plan assets	6.5		%	6.6		%	6.7		%
Weighted average assumptions for benefit obligation:
Discount rate used in benefit obligation	3.8		%	4.1		%	3.8		%
Rate of compensation increase used in benefit obligation	3.5		%	3.5		%	3.5		%

Assumptions used for U.S. and international plans were not significantly different.

We use the average of the Citigroup Pension Discount Curve rate and Merrill Lynch AA-AAA 10-year Bond Index rate to determine the discount rate used for our significant pension plans (rounded to the nearest 25 basis points). The Citigroup Pension Discount Curve rate is a calculated rate using yearly spot rates matched against expected future benefit payments. The Merrill Lynch Index rate is based on the weighted average yield of a portfolio of high grade Corporate Bonds with an average duration approximating the plans’ projected benefit payments, adjusted for any callable bonds included in the portfolio. The discount rates used for our other, primarily foreign, plans are based on rates appropriate for the respective country and the plan obligations.

The overall, expected long-term rate of return is based on each plan’s historical experience and our expectations of future returns based upon each plan’s investment holdings, as discussed below.

Pension Plan Assets

The fair value of our major categories of pension plan assets is disclosed below using a three level valuation hierarchy that separates fair value valuation techniques into the following categories:


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


•	Level 2: Other significant inputs observable either directly or indirectly (including quoted prices for similar securities, interest rates, yield curves, credit risk, etc.).


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

Presented below are our major categories of investments for the periods presented:



	Year Ended December 31, 2016								Year Ended December 31, 2015
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Mutual and pooled funds
Fixed income	$	46.4	$	—	$	—	$	46.4	$	54.0	$	—	$	—	$	54.0
Equities	120.6		—		—		120.6		110.1		—		—		110.1
Stable value funds	—		35.1		—		35.1		—		37.9		—		37.9
Money market funds, cash and other	12.0		—		—		12.0		5.5		—		—		5.5
Total investments at fair value	$	179.0	$	35.1	$	—	$	214.1	$	169.6	$	37.9	$	—	$	207.5

Plan assets are invested in diversified portfolios of equity, debt and government securities, as well as a stable value fund. The aggregate allocation of these investments is as follows:



	2016		2015
Asset Category
Equity securities	56	%	53	%
Debt securities	22		26
Stable value funds	16		18
Other, including cash	6		3
Total	100	%	100	%

Our investment policy and strategies are established with a long-term view in mind. We strive for a sufficiently diversified asset mix to minimize the risk of a material loss to the portfolio value due to the devaluation of any single investment. In determining the appropriate asset mix, our financial strength and ability to fund potential shortfalls that might result from poor investment performance are considered. Approximately 55% of our significant plans (the "frozen plans") are employing a Liability Driven Investment strategy and have a target allocation of 60% fixed income and 40% equities. The remaining significant plans (the "active" plans) have a target allocation of 75% equities and 25% fixed income, as historical equity returns have tended to exceed bond returns over the long term.

Assets of our domestic plans represent the majority of plan assets and are allocated to seven different investments.

Six are mutual funds, all of which are passively managed low-cost index funds, and include:


•	U.S. Total Stock Market Index: Large -, mid-, and small-cap equity diversified across growth and value styles.


•	U.S. Large-Cap Index: Large-cap equity diversified across growth and value styles.


•	U.S. Small-Cap Index: Small-cap equity diversified across growth and value styles.


•	World ex US Index: International equity; broad exposure across developed and emerging non-US equity markets around the world.


•	Long-term Bond Index: Diversified exposure to the long-term, investment-grade U.S. bond market.


•	Extended Duration Treasury Index: Diversified exposure to U.S. treasuries with maturities of 20-30 years.

The Stable value fund consists of a fixed income portfolio offering consistent return and protection against interest rate volatility.

Settlements

In October 2015, we offered a voluntary one-time lump-sum payment option to certain eligible terminated vested participants in our U.S. defined benefit pension plans that, if accepted, would settle our obligation to them. The program provided participants with a one-time choice to receive a lump-sum settlement of their remaining pension benefit. As part of this voluntary lump-sum program, we settled $35.7 of pension obligations for U.S. retirees in 2015. This was paid from plan assets and did not require a cash contribution from the company. As a result of these settlements, we recorded settlement losses of $12.1 ($7.5 net of tax) reflecting the accelerated recognition of unamortized losses in the plan proportionate to the obligation that was settled. These settlement charges were recorded in "Cost of goods sold" and "Selling and administrative expenses" with a corresponding balance sheet reduction in "Accumulated other comprehensive income (loss)" for the year ended December 31, 2015.

Future Contributions and Benefit Payments

We expect to contribute $5.8 to our defined benefit pension plans in 2017.

Estimated benefit payments, expected over the next ten years are as follows:



2017	$	16.2
2018	16.2
2019	16.1
2020	16.1
2021	16.3
2022-2026	84.1

Other Benefit Plans

Total expense from continuing operations for defined contribution plans was as follows:



	2016		2015		2014
Defined contribution plans	$	6.1	$	6.8	$	7.3

We have limited participation in two union-sponsored, defined benefit, multi-employer pension plans. These plans are not administered by us, and contributions are determined in accordance with provisions of negotiated labor contracts. Aggregate contributions to these plans were less than $.8 for each of the years presented.

In addition to regular contributions, we could be obligated to pay additional contributions (known as complete or partial withdrawal liabilities) if a plan has unfunded vested benefits. Factors that could impact the funded status of these plans include investment performance, changes in the participant demographics, financial stability of contributing employers and changes in actuarial assumptions. Withdrawal liability triggers could include a plan's termination, a withdrawal of substantially all employers, or our voluntary withdrawal from the plan (such as decision to close a facility or the dissolution of a collective bargaining unit). We have a very small share of the liability among the participants of these plans. Based upon the information available from plan administrators, both of the multi-employer plans in which we participate are underfunded and estimate our aggregate share of potential withdrawal liability for both plans to be $23.1. We have not recorded any material withdrawal liabilities for the years presented.

Income Taxes

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Income Taxes

The components of earnings from continuing operations before income taxes are as follows:



	Year Ended December 31
	2016		2015		2014
Domestic	$	267.7	$	254.2	$	142.1
Foreign	219.4		195.6		153.4
	$	487.1	$	449.8	$	295.5

Income tax expense from continuing operations is comprised of the following components:



	Year Ended December 31
	2016		2015		2014
Current
Federal	$	55.7	$	63.1	$	38.4
State and local	4.1		7.6		3.3
Foreign	42.5		40.0		29.8
	102.3		110.7		71.5
Deferred
Federal	13.1		9.6		(6.1		)
State and local	2.3		.1		2.1
Foreign	2.3		1.4		2.8
	17.7		11.1		(1.2		)
	$	120.0	$	121.8	$	70.3

Income tax expense from continuing operations, as a percentage of earnings before income taxes, differs from the statutory federal income tax rate as follows:



	Year Ended December 31
	2016		2015		2014
Statutory federal income tax rate	35.0	%	35.0	%	35.0	%
Increases (decreases) in rate resulting from:
State taxes, net of federal benefit	.9		1.6		1.0
Tax effect of foreign operations	(6.0	)	(5.8	)	(7.5	)
Deferred tax on undistributed foreign earnings	.5		(1.0	)	.4
Stock-based compensation	(3.4	)	—		—
Change in valuation allowance	.2		—		.2
Change in uncertain tax positions, net	(.6	)	(.5	)	(.6	)
Domestic production activities deduction	(1.2	)	(1.2	)	(3.4	)
Other permanent differences, net	(.6	)	(1.0	)	(.7	)
Other, net	(.2	)	—		(.6	)
Effective tax rate	24.6	%	27.1	%	23.8	%

For all periods presented, the tax rate benefited from income earned in various foreign jurisdictions at rates lower than the U.S. federal statutory rate, primarily related to China, Croatia, and Luxembourg. Other significant items impacting each year's tax rate are:


•	2016: We recognized net tax benefits totaling $21.4, including a tax benefit related to stock-based compensation from the first quarter adoption of ASU 2016-09, "Improvements to Employee Share-Based Payment Accounting".


•	2015: We recognized net tax benefits totaling $9.4, including a reduction in deferred taxes on undistributed foreign earnings associated with a planned reinvestment in China, and a deferred tax benefit related to our Australian operations.


•	2014: We recognized net tax benefits totaling $10.9, primarily related to additional Domestic Production Activities Deductions for the current and prior years, incremental deferred foreign tax credits, and net favorable provision-to-return adjustments related to prior year taxes.

Prior to the adoption of ASU 2016-09 discussed above, all net excess tax benefits related to stock plan activity were recorded to additional contributed capital, which totaled $15.4 and $10.1 in 2015 and 2014, respectively.

We file tax returns in each jurisdiction where we are required to do so. In these jurisdictions, a statute of limitations period exists. After a statute period expires, the tax authorities can no longer assess additional income tax for the expired period. In addition, once the statute expires we are no longer eligible to file claims for refund for any tax that we may have overpaid.

Unrecognized Tax Benefits

The total amount of our gross unrecognized tax benefits at December 31, 2016, is $16.7, of which $9.7 would impact our effective tax rate, if recognized. A reconciliation of the beginning and ending balance of our gross unrecognized tax benefits for the periods presented is as follows:



	2016			2015			2014
Gross unrecognized tax benefits, January 1	$	15.5		$	19.8		$	24.4
Gross increases—tax positions in prior periods	.3			.3			.1
Gross decreases—tax positions in prior periods	(1.0		)	(.5		)	(2.4		)
Gross increases—current period tax positions	1.1			1.3			1.3
Change due to exchange rate fluctuations	—			(1.3		)	(1.0		)
Settlements	(.9		)	(1.5		)	(.6		)
Lapse of statute of limitations	(2.9		)	(2.6		)	(2.0		)
Gross unrecognized tax benefits, December 31	12.1			15.5			19.8
Interest	4.0			6.0			7.6
Penalties	.6			.6			.8
Total gross unrecognized tax benefits, December 31	$	16.7		$	22.1		$	28.2

We recognize interest and penalties related to unrecognized tax benefits as part of income tax expense in the Consolidated Statements of Operations, which is consistent with prior reporting periods.

As of December 31, 2016, four tax years were subject to audit by the United States Internal Revenue Service (IRS), covering the years 2013 through 2016. In 2015, the IRS examined our 2013 tax return for a U.S. non-consolidated filing entity, L&P Financial Services Co., and the audit was concluded with no adjustments. There are no current IRS examinations in process nor are we aware of any forthcoming.

Additionally, at December 31, 2016, eight tax years were either subject to or undergoing audit by the Canada Revenue Agency, covering the periods 2009 through 2016. The examinations in process are at various stages of completion, but to date we are not aware of any likely material adjustments. In 2016, we settled an appeal with the Canada Revenue Agency relative to our 2007 and 2008 tax years related to transfer pricing issues. The net impact of this settlement on our financial statements was not material.

Various state and other foreign jurisdiction tax years also remain open to examination, though we believe any assessments would not be material to our Consolidated Financial Statements.

It is reasonably possible that the resolution of certain tax audits could reduce our unrecognized tax benefits within the next 12 months, as certain tax positions may either be sustained on audit or we may agree to certain adjustments, or resulting from the expiration of statutes of limitations in various jurisdictions. It is not expected that any change would have a material impact on our Consolidated Financial Statements.

Deferred Income Taxes

Deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of our assets and liabilities. The major temporary differences and their associated deferred tax assets or liabilities are as follows:



	December 31
	2016						2015
	Assets			Liabilities			Assets			Liabilities
Property, plant and equipment	$	5.9		$	(57.3	)	$	6.9		$	(54.3	)
Inventories	3.3			(22.1		)	2.8			(26.5		)
Accrued expenses	93.3			(.3		)	96.8			—
Net operating losses and other tax carryforwards	48.2			—			57.2			—
Pension cost and other post-retirement benefits	31.4			(.9		)	33.6			(.9		)
Subsidiary stock basis	—			—			2.0			—
Intangible assets	1.1			(107.6		)	1.2			(107.3		)
Derivative financial instruments	9.9			(1.7		)	14.0			(1.7		)
Tax on undistributed earnings	—			(9.2		)	—			(6.9		)
Uncertain tax positions	5.3			—			7.1			—
Other	2.9			(9.7		)	5.0			(7.7		)
Gross deferred tax assets (liabilities)	201.3			(208.8		)	226.6			(205.3		)
Valuation allowance	(22.9		)	—			(26.6		)	—
Total deferred taxes	$	178.4		$	(208.8	)	$	200.0		$	(205.3	)
Net deferred tax (liability) asset				$	(30.4	)				$	(5.3	)

The net decrease in our net operating losses and other tax carryforwards in 2016 primarily relates to anticipated utilization of Canadian net operating losses we expect on our tax return filing. All changes in other Deferred Income Tax categories are not material.

The valuation allowance primarily relates to net operating loss, tax credit, and capital loss carryforwards for which utilization is uncertain. Cumulative tax losses in certain state and foreign jurisdictions during recent years, limited carryforward periods in certain jurisdictions, future reversals of existing taxable temporary differences, and reasonable tax planning strategies were among the factors considered in determining the valuation allowance. Individually, none of these tax carryforwards presents a material exposure.

These tax carryforwards have expiration dates that vary generally over the next 20 years, with no amount greater than $10 expiring in any one year.

Deferred income and withholding taxes have been provided on earnings of our foreign subsidiaries to the extent it is anticipated that the earnings will be remitted in the future as dividends. The tax effect of most distributions would be significantly offset by available foreign tax credits. Although withholding taxes would be due on dividends from certain of our China subsidiaries to their non-U.S. parent, a subsidiary of the U.S. company, the earnings are still permanently reinvested outside the U.S. and are included in the undistributed earnings and incremental taxes discussed below. As of December 31, 2016 and 2015, we have accrued $9.2 and $6.9, respectively, of deferred taxes related to incremental withholding taxes in China.

Deferred income taxes and withholding taxes have not been provided on certain foreign earnings which are indefinitely reinvested outside the U.S. The cumulative undistributed earnings which are indefinitely reinvested as of December 31, 2016, are $762.8. If such earnings were taxable in the U.S., we estimate that the resulting incremental tax expense would be approximately $131.2 based on present income tax laws, which are subject to change. In 2016, the foreign earnings we repatriated were immaterial, and resulted in no significant net tax benefit or cost.

Deferred tax assets (liabilities) included in the consolidated balance sheets are as follows:



	December 31
	2016			2015
Sundry	$	23.9		$	33.3
Deferred income taxes	(54.3		)	(38.6		)
	$	(30.4	)	$	(5.3	)

Other (Income) Expense

12 Months Ended

Dec. 31, 2016

Other Nonoperating Income (Expense) [Abstract]

Other Expense (Income)

Other (Income) Expense

The components of other (income) expense from continuing operations were as follows:



	Year Ended December 31
	2016			2015			2014
Restructuring charges	$	.8		$	1.6		$	.9
Asset impairments (see Note C)	.4			2.2			1.3
Currency (gain) loss	(2.1		)	(2.1		)	.3
Royalty income	(.3		)	(.9		)	(1.0		)
(Gain) loss from diversified investments associated with stock-based compensation plans	(2.2		)	.3			(1.2		)
Other income	(2.2		)	(5.7		)	(5.6		)
	$	(5.6	)	$	(4.6	)	$	(5.3	)

Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

The following table sets forth the changes in each component of accumulated other comprehensive income (loss):



	Foreign Currency Translation Adjustments			Cash Flow Hedges			Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance January 1, 2014	$	158.3		$	(23.5	)	$	(40.3	)	$	94.5
Other comprehensive income	(71.7		)	.8			(49.5		)	(120.4		)
Reclassifications, pretax (1)	—			4.4			3.1			7.5
Income tax effect	—			(1.8		)	17.4			15.6
Attributable to noncontrolling interest	.2			—			—			.2
Balance December 31, 2014	86.8			(20.1		)	(69.3		)	(2.6		)
Other comprehensive income	(88.5		)	(13.1		)	.1			(101.5		)
Reclassifications, pretax (2)	(3.6		)	3.5			17.3			17.2
Income tax effect	—			1.5			(6.2		)	(4.7		)
Attributable to noncontrolling interest	.5			—			—			.5
Balance December 31, 2015	(4.8		)	(28.2		)	(58.1		)	(91.1		)
Other comprehensive income	(33.2		)	(.9		)	(3.0		)	(37.1		)
Reclassifications, pretax (3)	(1.7		)	15.3			4.5			18.1
Income tax effect	—			(4.0		)	(.6		)	(4.6		)
Attributable to noncontrolling interest	1.1			—			—			1.1
Balance December 31, 2016	$	(38.6	)	$	(17.8	)	$	(57.2	)	$	(113.6	)

(1) 2014 pretax reclassifications are comprised of:
Net sales	$	—		$	.4		$	—		$	.4
Cost of goods sold; selling and administrative expenses	—			—			3.1			3.1
Interest expense	—			4.0			—			4.0
Other income (expense), net	—			—			—			—
Total 2014 reclassifications, pretax	$	—		$	4.4		$	3.1		$	7.5

(2) 2015 pretax reclassifications are comprised of:
Net sales	$	—		$	(.6	)	$	—		$	(.6	)
Cost of goods sold; selling and administrative expenses	—			—			17.3			17.3
Interest expense	—			4.1			—			4.1
Other income (expense), net	(3.6		)	—			—			(3.6		)
Total 2015 reclassifications, pretax	$	(3.6	)	$	3.5		$	17.3		$	17.2

(3) 2016 pretax reclassifications are comprised of:
Net sales	$	—		$	10.6		$	—		$	10.6
Cost of goods sold; selling and administrative expenses	—			.5			4.5			5.0
Interest expense	—			4.2			—			4.2
Other income (expense), net	(1.7		)	—			—			(1.7		)
Total 2016 reclassifications, pretax	$	(1.7	)	$	15.3		$	4.5		$	18.1

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair Value

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Fair Value

We utilize fair value measures for both financial and non-financial assets and liabilities.

Items measured at fair value on a recurring basis

The areas in which we utilize fair value measures of financial assets and liabilities are presented in the table below.

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.



	As of December 31, 2016
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Bank time deposits with original maturities of three months or less	$	—	$	145.8	$	—	$	145.8
Derivative assets (see Note R)	—		.8		—		.8
Diversified investments associated with the ESUP* (see Note K)	26.8		—		—		26.8
Total assets	$	26.8	$	146.6	$	—	$	173.4
Liabilities:
Derivative liabilities (see Note R)	$	—	$	4.1	$	—	$	4.1
Liabilities associated with the ESUP* (see Note K)	25.6		—		—		25.6
Total liabilities	$	25.6	$	4.1	$	—	$	29.7



	As of December 31, 2015
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Bank time deposits with original maturities of three months or less	$	—	$	176.0	$	—	$	176.0
Derivative assets (see Note R)	—		.6		—		.6
Diversified investments associated with the ESUP* (see Note K)	22.0		—		—		22.0
Total assets	$	22.0	$	176.6	$	—	$	198.6
Liabilities:
Derivative liabilities* (see Note R)	$	—	$	14.8	$	—	$	14.8
Liabilities associated with the ESUP* (see Note K)	22.2		—		—		22.2
Total liabilities	$	22.2	$	14.8	$	—	$	37.0

* Includes both current and long-term amounts combined.

The fair value for fixed rate debt (Level 2) was greater than its carrying value by approximately $25 and $13 at December 31, 2016 and 2015, respectively. The carrying value was $750.0 for both years.

Items measured at fair value on a non-recurring basis

The primary areas in which we utilize fair value measures of non-financial assets and liabilities are allocating purchase price to the assets and liabilities of acquired companies as discussed in Note Q and evaluating long-term assets (including goodwill) for potential impairment as discussed in Note C. Determining fair values for these items requires significant judgment and includes a variety of methods and models that utilize significant Level 3 inputs.

Long-lived assets, acquisitions and the second step of a goodwill impairment test utilize the following methodologies in determining fair value: (i) Buildings and machinery are valued at an estimated replacement cost for an asset of comparable age and condition. Market pricing of comparable assets are used to estimate replacement cost where available. (ii) The most common identified intangible assets are customer relationships and tradenames. Customer relationships are valued using an excess earnings method, using various inputs such as the estimated customer attrition rate, future earnings forecast, the amount of contributory asset charges, and a discount rate. Tradenames are valued using a relief from royalty method, which is based upon comparable market royalty rates for tradenames of similar value. (iii) Inventory is valued at current replacement cost for raw materials, with a step-up for work in process and finished goods items that reflects the amount of ultimate profit earned as of the valuation date. (iv) Other working capital items are generally recorded at face value, unless there are known conditions that would impact the ultimate settlement amount of the particular item.

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.

Acquisitions

12 Months Ended

Dec. 31, 2016

Business Combinations [Abstract]

Acquisitions

The following table contains the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition for all acquisitions during the periods presented, and any additional consideration paid for prior years’ acquisitions. A portion of the goodwill included in the table below is expected to provide an income tax benefit.



	2016			2015			2014
Accounts receivable	$	5.3		$	3.7		$	7.9
Inventory	5.8			4.8			16.2
Property, plant and equipment	3.7			2.7			17.1
Goodwill (see Note D)	8.7			7.9			29.4
Other intangible assets (see Note D)	12.3			14.9			14.1
Other current and long-term assets	—			.1			4.0
Current liabilities	(4.2		)	(8.1		)	(6.0		)
Long-term liabilities	(.5		)	(3.3		)	(3.1		)
Fair value of net identifiable assets	31.1			22.7			79.6
Less: Additional consideration for prior years’ acquisitions	(.3		)	1.2			—
Less: Additional consideration payable	1.9			10.4			8.1
Less: Non-cash consideration	—			—			1.1
Net cash consideration	$	29.5		$	11.1		$	70.4

The following table summarizes acquisitions for the periods presented.



Year Ended	Number of Acquisitions	Segment	Product/Service
December 31, 2016	3	Residential Products; Specialized Products	Distributor of geosynthetic products; Innersprings; Fabricated aerospace tubing and pipe assemblies
December 31, 2015	1	Furniture Products	Upholstered office furniture
December 31, 2014	5	Residential Products; Furniture Products	Innersprings; Geotextile products; Fabric converting for furniture and bedding; Foam carpet underlay; Home furniture components

We are finalizing all of the information required to complete the purchase price allocations related to the most recent acquisitions and do not anticipate any material modifications.

The results of operations of the above acquired companies have been included in the consolidated financial statements since the dates of acquisition. The unaudited pro forma consolidated net sales, net earnings and earnings per share as though the 2016 and 2015 acquisitions had occurred on January 1 of each year presented are 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 December 31, 2016, there was no substantial remaining consideration payable, other than the liability associated with our 2015 acquisition discussed below.

A brief description of our acquisition activity by year is included below.

2016

We acquired three small businesses for a total purchase price of $29.2. The first, a U.S. manufacturer of aerospace tube assemblies, expands our tube forming and fabrication capabilities and adds precision machining to our aerospace platform. The second is a distributor of geosynthetic products, and the third, a South African producer of mattress innersprings. In addition to these acquisitions, we purchased the remaining interest in an Automotive joint venture in China for $35.2.

2015

We acquired a 70% interest in a European private-label manufacturer of high-end upholstered furniture. This business is complementary to our North American private-label operation and allows us to support our Work Furniture customers as they expand globally. The initial cash outlay for the 70% interest was $12.3 and per the terms of the agreement, we will acquire the remaining 30% interest in two equal parts, in 2018 and 2020. We have recorded a long-term liability of approximately $11.0 for these future payments. Future payments are estimated based upon a calculation that incorporates EBITDA and the recorded liability may fluctuate significantly until the payment dates. Any changes in this liability will be reflected in interest income or expense on the Consolidated Statement of Operations.

2014

We acquired Tempur Sealy's three U.S. innerspring production facilities for a purchase price of $44.5. This additional volume enhanced our economies of scale, benefited from our vertical integration in steel rod and wire, and allowed manufacturing optimization across a broad asset base. These factors contributed to the recognition of $17.8 in goodwill from this acquisition.

We also acquired a German designer and distributor of high-end, European-style motion furniture components for a purchase price of $16.8. This business allows us to meet varying design preferences and broadens the range of our furniture component products. These factors contributed to the recognition of $4.4 in goodwill from this acquisition.

We also acquired three other small operations, with an aggregate purchase price of approximately $18.0.

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).

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Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

12 Months Ended

Dec. 31, 2016

Derivative Financial Instruments

Cash Flow Hedges

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

Currency Cash Flow Hedges—The foreign currency hedges manage risk associated with exchange rate volatility of various currencies.

We have also historically used interest rate cash flow hedges to manage interest rate risks.

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. Cash flows from settled contracts are presented in the category consistent with the nature of the item being hedged. (Settlements associated with the sale or production of product are presented in operating cash flows and settlements associated with debt issuance are presented in financing cash flows.)

Fair Value Hedges

Our fair value hedges typically manage foreign currency risk associated with subsidiaries’ assets and liabilities. Hedges designated as fair value hedges recognize gain or loss currently in earnings. Cash flows from settled contracts are presented in the category consistent with the nature of the item being hedged.

Hedge Effectiveness

We have deemed 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 statements of operations.

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.



	Expiring at various dates through:	Total USD Equivalent Notional Amount		As of December 31, 2016
Derivatives Designated as Hedging Instruments				Assets		Liabilities
Derivatives Designated as Hedging Instruments				Other Current Assets		Other Current Liabilities
Cash flow hedges:
Currency hedges:
-Future USD sales of Canadian, Chinese and Swiss subsidiaries	Dec 2017	$	80.4	$	—	$	2.4
-Future USD purchases of European subsidiaries	Dec 2017	3.8		.1		—
-Future MXN purchases of a USD subsidiary	Dec 2017	5.8		—		.9
-Future JPY sales of Chinese subsidiary	Dec 2017	3.5		.3		—
-Future DKK sales of Polish subsidiary	Mar 2017	10.1		.1		—
-Future EUR Sales of Chinese, Swiss and UK subsidiaries	Dec 2017	6.4		—		.2
Total cash flow hedges				.5		3.5
Fair value hedges:
USD inter-company note receivable on a CAD subsidiary	Jan 2017	24.0		.2		.1
PLN inter-company note receivable on a GPB subsidiary	Jun 2017	2.3		.1		—
ZAR inter-company note receivable on a USD subsidiary	Dec 2017	2.3		—		.1
Total fair value hedges				.3		.2
Derivatives not designated as hedging instruments
Non-deliverable hedge on USD exposure to CNY	Dec 2017	19.0		—		.3
Hedge of EUR cash on USD Subsidiary	Jan 2017	5.9		—		.1
Total derivatives not designated as hedging instruments				—		.4
				$	.8	$	4.1



	Expiring at various dates through:	Total USD Equivalent Notional Amount		As of December 31, 2015
Derivatives Designated as Hedging Instruments				Assets		Liabilities
Derivatives Designated as Hedging Instruments				Other Current Assets		Other Current Liabilities		Other Long-Term Liabilities
Cash flow hedges:
Currency hedges:
-Future USD sales of Canadian, Chinese and Swiss subsidiaries	Dec 2017	$	219.8	$	—	$	10.1	$	2.3
-Future USD purchases of Canadian, European and Korean subsidiaries	Dec 2017	16.8		.3		—		—
-Future MXN purchases of USD subsidiary	Dec 2017	7.3		—		.7		.3
-Future JPY sales of Chinese subsidiary	Dec 2016	3.8		—		.1		—
-Future DKK sales of Polish subsidiary	Dec 2016	15.6		—		.1		—
-Future EUR Sales of Chinese, Swiss and UK subsidiaries	Mar 2017	13.6		—		.1		—
Total cash flow hedges				.3		11.1		2.6
Fair value hedges:
DKK inter-company note receivable on a USD subsidiary	May 2016	1.7		.1		—		—
USD inter-company note receivable on a CAD subsidiary	Jan 2016	9.0		—		.5		—
USD inter-company note receivable on a Swiss subsidiary	Aug 2016	8.0		—		.1		—
Total fair value hedges				.1		.6		—
Derivatives not designated as hedging instruments
Non-deliverable hedge on USD exposure to CNY	Dec 2016	11.0		—		.3		—
Non-deliverable hedge on EUR exposure to CNY	Dec 2016	2.2		—		.1		—
Non-deliverable hedge on JPY exposure to CNY	Dec 2016	2.5		—		.1		—
Hedge of DKK cash on USD Subsidiary	Apr 2016	3.0		.1		—		—
Hedge of EUR cash on UK Subsidiary	Jan 2016	8.3		.1		—		—
Total derivatives not designated as hedging instruments				.2		.5		—
				$	.6	$	12.2	$	2.6

The following table sets forth the pre-tax (gains) losses 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 for the Year Ended December 31
Derivatives Designated as Hedging Instruments	Income Statement Caption	2016			2015			2014
Interest rate cash flow hedges (1)	Interest expense	$	4.2		$	4.1		$	4.0
Currency cash flow hedges	Net sales *	10.8			3.2			2.1
Currency cash flow hedges	Cost of goods sold	1.1			(1.3		)	(.3		)
Currency cash flow hedges	Other (income) expense, net	.4			—			.4
Total cash flow hedges		16.5			6.0			6.2
Fair value hedges	Other (income) expense, net	(1.3		)	1.2			2.7
Derivatives Not Designated as Hedging Instruments
Hedge of USD cash-Swiss subsidiary	Other (income) expense, net	—			(.1		)	—
Non-deliverable hedge on USD exposure to CNY	Other (income) expense, net	.2			.2			—
Non-deliverable hedge on EUR exposure to CNY	Other (income) expense, net	—			.1			—
Non-deliverable hedge on JPY exposure to CNY	Other (income) expense, net	.1			.1			—
Hedge of GBP cash-USD subsidiary	Other (income) expense, net	.1			—			—
Hedge of EUR cash-Swiss (2015 only), UK and USD subsidiaries	Other (income) expense, net	(.5		)	2.3			—
Total derivative instruments		$	15.1		$	9.8		$	8.9

* Discontinued operations amounts included in the above:		$	—		$	—		$	.1

(1) Interest Rate Cash Flow Hedges—On August 12, 2012, we issued $300 of 10-year notes with a coupon rate of 3.40%. As a part of this transaction, we settled our $200 forward starting interest rate swaps we had entered into during 2010 and recognized a loss of $42.7, which will be amortized out of accumulated other comprehensive income to interest expense over the life of the notes.

In anticipation of the issuance of new debt, we entered into a treasury lock agreement in October 2014. The treasury lock managed benchmark treasury interest rate risk associated with $50 of the additional $300 debt issued in November 2014 and was therefore settled on that same date. The treasury lock had an interest rate of 2.36%. The settlement of the treasury lock did not result in a material gain or loss.

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

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Commitments and Contingencies Disclosure [Abstract]

Contingencies

12 Months Ended

Dec. 31, 2016

Contingencies

We are a party to various proceedings and matters 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 accruals in the financial statements and make charges against earnings. For all periods presented, we have recorded no material charges against earnings other than as indicated below. Also, when it is reasonably possible that we may incur additional loss in excess of recorded accruals and we can reasonably estimate the additional losses or range of losses, we disclose such additional reasonably possible losses in these notes.

Foam Antitrust Lawsuits

Beginning in August 2010, a series of civil lawsuits was initiated in several U.S. federal courts and in Canada against several defendants alleging that Leggett and Platt and certain other manufacturers of polyurethane foam products had engaged in price fixing in violation of U.S. and Canadian antitrust laws. We were party to several antitrust proceedings regarding polyurethane foam products. The majority of these proceedings were fully resolved in 2015. The ultimate amount of settlement payments in these cases was not materially different than the amounts originally accrued. The remaining antitrust proceeding, along with the resolution of other proceedings, is disclosed below.

We deny all allegations in the pending antitrust proceeding. We will vigorously defend ourselves in this proceeding and believe that we have valid bases to contest all claims. However, we have established an accrual for the estimated amount that we believe is necessary to resolve the pending antitrust matter. We also believe, based on current facts, it is reasonably possible that we may incur a loss in excess of the recorded accrual associated with the pending antitrust proceeding. For specific information regarding accruals, cash payments to settle litigation contingencies, and reasonably possible losses in excess of accruals please see “Accruals and Reasonably Possible Losses in Excess of Accruals” below.

U.S. Indirect Purchaser Class Action Cases. We were named as a defendant in an indirect purchaser class consolidated amended complaint filed on March 21, 2011 and were subsequently sued in an indirect purchaser class action case filed on May 23, 2011, in 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-2196. The plaintiffs, on behalf of themselves and/or a class of indirect purchasers, brought damages claims under various states' antitrust and consumer protection statutes, and were seeking three times an amount of 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 sought attorney fees, prejudgment interest, court costs, and injunctive relief against future violations. We denied all allegations. The Ohio Court ordered all parties to attend non-binding mediation with a mediator of their choosing.

Settlement of U.S. Indirect Purchaser Class Action Cases. We reached a tentative settlement in the U.S. Indirect Class Action cases on May 18, 2015, by agreeing to pay an amount not materially different from the amount previously accrued for this claim. We continue to deny all allegations in the cases, but settled the indirect purchaser class cases to avoid the risk, uncertainty, expense and distraction of litigation. The Court preliminarily approved the class settlement on July 31, 2015. The full settlement amount was paid in escrow in the third quarter of 2015. The final settlement approval hearing was held on December 15, 2015 and the Court granted final approval of the settlement. Several objectors filed notices of appeal of the order approving the class settlement to the Sixth Circuit Court of Appeals. On April 14, 2016, the Court ordered the objectors to post an appeal bond by May 13, 2016. Certain of the objectors filed a motion to reconsider or stay the bond order, which the Court denied on May 12, 2016. Subsequently, three of the five objectors voluntarily dismissed their appeals. On June 20, 2016, the Sixth Circuit dismissed the remaining two appeals, one for failure to post an appeal bond, and the other because it was untimely filed. One of the two objectors filed a petition for rehearing en banc (requesting that all judges rather than the normal 3 rule on the appeal) on June 29, 2016. That petition was denied on September 27, 2016. On December 22, 2016, the objector filed a petition for a writ of certiori to the U.S. Supreme Court. The petition was denied on January 23, 2017. As such, these cases have been fully resolved.

Kansas Restraint of Trade Act Cases. We have been named as a defendant in two individual cases alleging direct and indirect purchaser claims under the Kansas Restraint of Trade Act, one filed on November 29, 2012 in the United States District Court of Kansas under the name LaCrosse Furniture Company v. Future Foam, Inc., et al., Case No. 12-cv-2748 KHV/JPO and the other on April 11, 2013 in the District Court of Kansas under the name CAP Carpet, Inc. v. Future Foam, Inc., Case No. 13-cv-1140-JAR-KGG. These two cases were previously 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-2196. The claims and allegations of these plaintiffs are generally the same as the class plaintiffs (referenced above), with the exception that the Kansas plaintiffs seek full consideration damages (their total purchase amounts for the allegedly price-fixed polyurethane foam products). On May 15, 2015, the U.S. Judicial Panel on Multi-district Litigation remanded the cases back to the U.S. District Court for the District of Kansas.

Settlement of CAP Carpet Case. The plaintiffs in the CAP Carpet case alleged full consideration damages of $10.1 (which they argued should be trebled to $30) plus prejudgment interest at a statutory rate of 10% and attorney fees. The trial in this case, which was scheduled for November 14, 2016, had been postponed to January 23, 2017. We filed a motion for partial summary judgment on March 15, 2016, on several of the key issues of the case, including arguments that CAP Carpet is not entitled to full consideration damages or prejudgment interest and that full consideration damages are not trebled. On March

15, 2016, CAP Carpet also filed a motion for judgment on the pleadings as to the availability of full consideration damages. On November 17, 2016, we reached a cash settlement to fully resolve the CAP Carpet case and paid the amount in the fourth quarter of 2016. The cash payment was not material to the Company and was not materially different than the amount accrued for such case.

LaCrosse Case. The plaintiff in the LaCrosse case alleges full consideration damages and prejudgment interest through 2013 in the collective amount of $22.2, of which LaCrosse argues the full consideration portion should be trebled. LaCrosse also seeks an additional three years of prejudgment interest at a statutory rate of 10% and attorneys' fees. On January 13, 2017, LaCrosse filed a motion for partial judgment on the pleadings seeking the allowance of full consideration damages. We filed a motion for partial summary judgment on January 24, 2017, on several key issues of the case, including arguments that LaCrosse is not entitled to full consideration damages or prejudgment interest and that full consideration damages are not trebled. On that same date, we also filed a motion to exclude testimony from LaCrosse's expert. These motions remain pending. Trial is scheduled to begin on August 7, 2017.

Brazilian Value-Added Tax Matters

All dollar amounts (in millions) presented in this section have been updated since our last filing to reflect the U.S. Dollar (USD) equivalent of Brazilian Real (BRL).

We deny all allegations in the below Brazilian actions. We believe that we have valid bases to contest such actions and will vigorously defend ourselves. However, these contingencies are subject to uncertainties, and based on current facts, we believe that it is reasonably possible (but not probable) that we may incur losses of approximately $21 including interest and attorney fees with respect to these assessments. Therefore, because it is not probable we will incur a loss, no accrual has been recorded for Brazilian VAT matters. For specific information regarding accruals, and reasonably possible losses in excess of accruals please see "Accruals and Reasonably Possible Losses in Excess of Accruals" below.

We have $12.5 on deposit with the Brazilian government to partially mitigate interest and penalties that may accrue while we work through these matters. If we are successful in our defense of these assessments, the deposits are refundable with interest. These deposits are recorded as a long-term asset on our balance sheet.

Brazilian Federal Cases. 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 $2.3, 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. L&P Brazil denied the violation. The Federal Revenue Office upheld the assessment at the first administrative level. L&P Brazil has filed an appeal.

On December 29, 2011, L&P Brazil received another assessment in the amount of $.1, under case No. 10855.724509/2011-13 on the same subject matter in connection to certain import transactions carried out between 2007 and 2011. L&P Brazil has filed its defense.

On December 17, 2012, the Brazilian Revenue Office issued an additional notice of violation in the amount of $4.1, under MPF Case No. 10855.725260/2012-36 covering the period from January 2008 through December 2010 on the same subject matter. L&P Brazil denied the violation. The Brazilian Revenue Office upheld the assessment at all administrative levels. L&P Brazil appealed this decision but the appeal was denied by the second administrative level on January 27, 2015. On December 4, 2015, we filed an Annulment Action, Case No. 009658-07.2015.4.03.6110, at the judicial level seeking to obtain an injunction to allow the transfer of the cash deposit in the amount of $4.8 for the administrative case to a judicial escrow account to cover the updated liability amount of $5.1. The preliminary injunction was granted on December 10, 2015, and we are awaiting the federal attorney’s response.

In addition, L&P Brazil received assessments on December 22, 2011, and June 26, July 2 and November 5, 2012, and September 13, 2013 from the Brazilian Federal Revenue Office where the Revenue Office challenged L&P Brazil’s use of tax credits in years 2005 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. On September 4, 2014, the tax authorities issued five additional assessments regarding this same issue (use of credits), covering certain periods of 2011 and 2012. L&P Brazil filed its defense denying these assessments. Combined with the prior assessments, L&P Brazil has received assessments totaling $2.7 on the same or similar denial of tax credit matters.

On February 1, 2013, the Brazilian Finance Ministry filed a Tax Collection action against L&P Brazil in the Camanducaia Judicial District Court, Case No. 0002222-35.2013.8.13.0878, alleging the untimely payment of $.2 of social contributions (social security and social assistance payments) for the period September to October 2010. L&P Brazil argued that the payments were not required to be made because of the application of certain tax credits that were generated by L&P Brazil's use of a correct tariff code for the classification of value-added tax on the sale of mattress innersprings (i.e., the same underlying issue at stake in the other Brazilian matters). On June 26, 2014, the Brazilian Revenue Office issued a new notice of violation against L&P Brazil in the amount of $.8, under Case No. 10660.721523/2014-87, covering the period from 2011 through 2012 on the same subject matter. L&P Brazil has filed its defense denying the assessments.

On July 1, 2014, the Brazilian Finance Ministry rendered a preliminary decision to reject certain offsetting requests presented by L&P Brazil, which originated with Administrative Proceeding No. 10660.720850/2014-11. The Brazilian Finance Ministry alleges that L&P Brazil improperly offset $.1 of social contributions otherwise due in 2011. L&P Brazil filed its response denying the allegations. L&P Brazil is defending on the basis that the social contribution debts were correctly offset with tax credits generated by L&P Brazil's use of a correct tariff code classification for value-added tax on the sale of mattress innersprings (i.e., the same underlying issue at stake in the other Federal Brazilian matters). On December 15, 2015, the Brazilian Federal Revenue issued an assessment against L&P Brazil in the amount of $.1, under Case No. 10600.720142/2015-76 for the period of August 2010 through May 2011, as a penalty for L&P Brazil’s requests to offset tax credits. We filed our defense denying the assessment on January 8, 2016.

State of São Paulo, Brazil Cases. The State of São Paulo, Brazil, on April 16, 2009, issued a Notice of Tax Assessment and Imposition of Fine to L&P Brazil originally seeking $1.8 for the tax years 2006 and 2007, under Case No. 3.111.006 (DRT n°.04-256.169/2009). The State of São Paulo argued that L&P Brazil was using an incorrect tariff code for the collection and payment of value-added tax on sales of mattress innerspring units in the State of São Paulo. L&P Brazil denied the allegations. On April 17, 2014, the Court of Tax and Fees ruled in the State's favor upholding the original assessment of $1.8. On July 31, 2014, L&P Brazil filed an annulment action, Case No. 101712346.2014.8260602 in the Sorocaba State Court, seeking to have the Court of Tax and Fees ruling annulled for an updated assessment amount of $3.7 (which included interest from the original assessment date). On September 8, 2016, the Court's expert issued an opinion that supports L&P Brazil's defense, that it used the correct tariff code classification. We are awaiting the Court's ruling.

On October 4, 2012, the State of São Paulo issued a Tax Assessment under Procedure Number 4.003.484 against L&P Brazil in the amount of $1.5 for the tax years 2009 through 2011. Similar to the 2009 assessment (referenced above), the State of São Paulo argues 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 São Paulo. On June 21, 2013, the State of São Paulo converted the Tax Assessment to a tax collection action against L&P Brazil in the amount of $2.0, under Sorocaba Judicial District Court, Case No. 3005528-50.2013.8.26.0602. L&P Brazil has denied all allegations.

L&P Brazil also received a Notice of Tax Assessment and Imposition of a Fine from the State of São Paulo dated March 27, 2014, under Procedure Number 4.038.746-0 against L&P Brazil in the amount of $0.9 for the tax years January 2011 through August 2012 regarding the same subject matter (i.e. the correct tax rate for the collection and payment of value-added tax on mattress innerspring units). L&P filed its response denying the allegations. After the first and second administrative levels denied L&P Brazil’s defenses, L&P Brazil filed an appeal to the third administrative level on August 6, 2015. On June 9, 2016, L&P Brazil filed an annulment action, Case No. 1019825-91.2016.8.26.0602, in the Sorocaba State Court, to allow transfer of the the previously deposited cash amount of $1.1 to a judicial account, and to annul the entire $1.2 assessment (updated with interest through the close of the administrative procedures).

State of Minas Gerais, Brazil Cases. On December 18, 2012, the State of Minas Gerais, Brazil issued a tax assessment to L&P Brazil relating to L&P Brazil's classifications of innersprings for the collection and payment of value-added tax on the sale of mattress innersprings in Minas Gerais from March 2008 through August 2012 in the amount of $.6, under PTA Case No. 01.000.182756-62. L&P Brazil filed its response denying any violation. After the first and second administrative levels ruled against us, the case is now proceeding judicially under Case No. 0003673-61.2014.8.13.0878 in Camanducaia Judicial District Court. L&P Brazil filed its response denying the assessments on June 5, 2014.

Accruals and Reasonably Possible Losses in Excess of Accruals

Accruals for Probable Losses

Although the Company denies liability in all threatened or pending litigation proceedings in which it is or may be a party and believes that it has valid bases to contest all claims threatened or made against it, we have recorded a litigation contingency accrual for our reasonable estimate of probable loss for pending and threatened litigation proceedings, in aggregate, as follows:



	Twelve Months Ended December 31,
	2016			2015			2014
Litigation contingency accrual - Beginning of period	$	8.1		$	83.9		$	3.7
Adjustment to accruals - expense (income) - Continuing operations	7.1			5.7			56.8
Adjustment to accruals - expense (income) - Discontinued operations	2.0			.7			35.4
Cash payments	(14.0		)	(82.2		)	(12.0		)
Litigation contingency accrual - End of period	$	3.2		$	8.1		$	83.9

A large percentage of the accruals and cash payments in the table above are related to antitrust proceedings. The above litigation contingency accrual does not include accrued expenses related to worker's compensation, automobile, product and general liability claims, taxation issues and environmental matters, some of which may contain a portion of litigation expense. However, any litigation expense associated with these categories is not anticipated to have a material effect on our financial condition, results of operations or cash flows. For more information regarding accrued expenses, see Note H on page 27.

We have relied on several facts and circumstances to conclude that some loss is probable with respect to certain proceedings and matters, and to arrive at a reasonable estimate of loss or range of loss and record the accruals, including: the maturation of the pending proceedings and matters; our experience in settlement negotiations and mediation; comparative settlements of other companies in similar proceedings; discovery becoming substantially complete in certain proceedings; certain quantitative metrics used to value probable loss contingencies; and our willingness to settle certain proceedings to forgo the cost and risk of litigation and distraction to our senior executives.

Reasonably Possible Losses in Excess of Accruals

Although there are a number of uncertainties and potential outcomes associated with all of our pending or threatened litigation proceedings, we believe, based on current known facts, that additional losses, if any, are not expected to materially affect our consolidated financial position, results of operations or cash flows. However, based upon current known facts, as of December 31, 2016, aggregate reasonably possible (but not probable, and therefore not recorded) losses in excess of the accruals noted above are estimated to be approximately $26, including approximately $21 for Brazilian VAT matters disclosed above and $5 for other matters. If our assumptions or analyses regarding these contingencies are incorrect, or if facts change, we could realize loss in excess of the recorded accruals, and even greater than our estimate of reasonably possible losses in excess of recorded accruals.

Quarterly Summary Of Earnings

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Summary Of Earnings

Quarterly Summary of Earnings

(Unaudited)

(Dollar amounts in millions, except per share data)



Year ended December 31	First³			Second^1,4			Third			Fourth^2,5			Total
2016
Net sales	$	938.4		$	958.9		$	948.9		$	903.7		$	3,749.9
Gross profit	233.6			234.0			227.4			204.2			899.2
Earnings from continuing operations before income taxes	118.7			137.2			121.2			110.0			487.1
Earnings from continuing operations	$	91.0		$	99.5		$	93.6		$	83.0		$	367.1
Earnings (loss) from discontinued operations, net of tax	.1			20.3			—			(1.3		)	19.1
Net earnings	91.1			119.8			93.6			81.7			386.2
(Earnings) attributable to noncontrolling interest, net of tax	(1.6		)	1.4			(.1		)	(.1		)	(.4		)
Net earnings attributable to Leggett & Platt, Inc. common shareholders	$	89.5		$	121.2		$	93.5		$	81.6		$	385.8
Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders
Basic	$	.64		$	.73		$	.68		$	.61		$	2.66
Diluted	$	.63		$	.72		$	.67		$	.60		$	2.62
Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders
Basic	$	—		$	.15		$	—		$	(.01	)	$	.14
Diluted	$	—		$	.15		$	—		$	(.01	)	$	.14
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders
Basic	$	.64		$	.88		$	.68		$	.60		$	2.80
Diluted	$	.63		$	.87		$	.67		$	.59		$	2.76
2015
Net sales	$	966.2		$	997.3		$	1,009.1		$	944.6		$	3,917.2
Gross profit	217.8			230.7			241.1			233.6			923.2
Earnings from continuing operations before income taxes	102.0			109.0			132.3			106.5			449.8
Earnings from continuing operations	$	73.3		$	76.7		$	96.2		$	81.8		$	328.0
Earnings (loss) from discontinued operations, net of tax	(.5		)	1.8			(.1		)	—			1.2
Net earnings (loss)	72.8			78.5			96.1			81.8			329.2
(Earnings) attributable to noncontrolling interest, net of tax	(1.1		)	(.8		)	(.9		)	(1.3		)	(4.1		)
Net earnings (loss) attributable to Leggett & Platt, Inc. common shareholders	$	71.7		$	77.7		$	95.2		$	80.5		$	325.1
Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders
Basic	$	.51		$	.54		$	.68		$	.57		$	2.30
Diluted	$	.50		$	.53		$	.67		$	.57		$	2.27
Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders
Basic	$	—		$	.01		$	—		$	—		$	.01
Diluted	$	—		$	.01		$	—		$	—		$	.01
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders
Basic	$	.51		$	.55		$	.68		$	.57		$	2.31
Diluted	$	.50		$	.54		$	.67		$	.57		$	2.28

All below amounts are shown pretax.


1.	Second quarter 2016 Earnings from continuing operations include a gain of $7 associated with litigation accruals (Note S); $11 gain associated with the sale of a business; and a $4 charge from CVP impairment (Note C)


2.	Fourth quarter 2016 Earnings from continuing operations include $16 associated with the gain on sale of a business


3.	First quarter 2015 Earnings from continuing operations include impairment charges of $6 from our steel tubing operation. (Note C)


4.	Second quarter 2015 Earnings from continuing operations include charges of $2 associated with litigation accruals. Discontinued operations includes $1 in litigation accruals (Note S)


5.	Fourth quarter 2015 Earnings from continuing operations include a $12 charge associated with a lump sum pension buyout and $4 in charges associated with litigation accruals (Note L and Note S)

Valuation And Qualifying Accounts And Reserves

12 Months Ended

Dec. 31, 2016

Valuation and Qualifying Accounts [Abstract]

Valuation And Qualifying Accounts And Reserves

LEGGETT & PLATT, INCORPORATED

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

(Amounts in millions)



Column A	Column B		Column C			Column D				Column E
Description	Balance at Beginning of Period		Additions Charged to Cost and Expenses			Deductions				Balance at End of Period
Year ended December 31, 2016
Allowance for doubtful receivables	$	9.9	$	1.6		$	4.1		(1)	$	7.4
Excess and obsolete inventory reserve, LIFO basis	$	24.7	$	8.9		$	6.5			$	27.1
Tax valuation allowance	$	26.6	$	.8		$	4.5			$	22.9

Year ended December 31, 2015
Allowance for doubtful receivables	$	17.2	$	2.6		$	9.9		(1)	$	9.9
Excess and obsolete inventory reserve, LIFO basis	$	21.9	$	9.8		$	7.0			$	24.7
Tax valuation allowance	$	27.1	$	(.4	)	$	.1			$	26.6

Year ended December 31, 2014
Allowance for doubtful receivables	$	17.6	$	4.9		$	5.3		(1)	$	17.2
Excess and obsolete inventory reserve, LIFO basis	$	21.9	$	10.0		$	10.0			$	21.9
Tax valuation allowance	$	25.4	$	1.0		$	(.7	)		$	27.1


(1)	Uncollectible accounts charged off, net of recoveries.

Summary Of Significant Accounting Policies (Policy)

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Principles Of Consolidation

Estimates

Cash Equivalents

CASH EQUIVALENTS: Cash equivalents include cash in excess of daily requirements which is invested in various financial instruments with original maturities of three months or less.

Accounts And Other Receivables And Allowance For Doubtful Accounts

Inventories

Divestitures

DIVESTITURES: Significant accounting policies associated with a decision to dispose of a business are discussed below:

Property, Plant And Equipment



	Useful Life Range	Weighted Average Life
Machinery and equipment	3-20 years	10 years
Buildings	10-40 years	28 years
Other items	3-15 years	8 years

Property is reviewed for recoverability at year end and whenever events or changes in circumstances indicate that its carrying value may not be recoverable as discussed above.

Goodwill

Other Intangible Assets



	Useful Life Range	Weighted Average Life
Other intangible assets	1-40 years	15 years

Stock-Based Compensation

Sales Recognition

Shipping And Handling Fees And Costs

SHIPPING AND HANDLING FEES AND COSTS: Shipping and handling costs are included as a component of “Cost of goods sold.”

Restructuring Costs

Income Taxes

Concentration Of Credit Risks, Exposures And Financial Instruments

We have no material guarantees or liabilities for product warranties which require disclosure.

The carrying value of cash and short-term financial instruments approximates fair value due to the short maturity of those instruments.

Other Risks

Derivative Financial Instruments

On the date the contract is entered into, we designate the derivative as one of the following types of hedging instruments and account for it as follows:

Foreign Currency Translation

Reclassifications

New Accounting Guidance

Below is a summary of the ASUs, effective for current or future periods, most relevant to our financial statements:

Adopted in 2016:


•	ASU 2016-09 “Improvements to Employee Share-Based Payment Accounting”: Simplifies the financial reporting for share-based compensation. We adopted this guidance in the first quarter of 2016:


◦	All income tax effects of stock-based compensation are now classified within income tax expense, rather than recognizing some of the effects in additional contributed capital. To the extent tax deductions from stock-based compensation payments differ from the compensation cost recognized for financial reporting purposes, the tax effects are recorded as discrete items in that quarter.


◦	Prospective application was required, and the impact of adopting this new guidance resulted in an additional tax benefit of $18.2 for 2016.


◦	This ASU impacted the calculation of the dilutive effect of stock-based compensation on earnings per share, which resulted in an increase in our average diluted shares outstanding of approximately .5 shares.


◦	The income tax effects are now classified as cash flow from operations, rather than cash flow from financing activities. We have elected to apply this cash flow classification guidance prospectively.


◦	Consistent with our past practice, when shares are withheld from the issuance of stock to fund the payment of the employee’s taxes, the payment is classified as a financing activity.


◦	We have elected to continue to estimate the number of stock-based awards expected to vest, rather than electing to account for forfeitures as they occur.

•

To be adopted in future years:

•

Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Schedule of the Activity in the LIFO Reserve

The following table presents the activity in our LIFO reserve for each of the years ended December 31, 2016 and 2015.



	2016		2015
Balance, beginning of year	$	22.6	$	73.0
LIFO expense (benefit)	10.5		(46.4		)
Allocated to divested businesses	.7		(4.0		)
Balance, end of year	$	33.8	$	22.6

Schedule Of Property, Plant And Equipment

The table below presents the depreciation periods of the estimated useful lives of our property, plant and equipment. Accelerated methods are used for tax purposes.



	Useful Life Range	Weighted Average Life
Machinery and equipment	3-20 years	10 years
Buildings	10-40 years	28 years
Other items	3-15 years	8 years

Summary Of Other Intangible Assets



	Useful Life Range	Weighted Average Life
Other intangible assets	1-40 years	15 years

Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Results From Discontinued Operations And Activity Directly Related To Divestitures

The table below includes activity related to discontinued operations for the years presented:



	Year Ended
	2016			2015			2014
Trade sales:
Furniture Products - Store Fixtures	$	—		$	19.4		$	167.4
Earnings (loss):
Furniture Products - Store Fixtures (1)	$	.7		$	3.4		$	(120.9	)
Subsequent activity related to divestitures completed prior to 2014 (2)	29.4			(1.5		)	(35.4		)
Earnings (loss) before interest and income taxes (EBIT)	30.1			1.9			(156.3		)
Income tax (expense) benefit (3)	(11.0		)	(.7		)	32.3
Earnings (loss) from discontinued operations, net of tax	$	19.1		$	1.2		$	(124.0	)


(1)	This includes goodwill impairment charges of $108.0 in 2014 as discussed in Note C.

(2)


(3)	The 2016 tax expense is primarily related to The Dow Chemical settlement. The 2014 tax benefit is primarily related to the Store Fixtures goodwill impairment and the Prime Foam litigation.

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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Goodwill and Intangible Assets Disclosure [Abstract]

Impairment Charges (Tables)

12 Months Ended

Dec. 31, 2016

Summary Of Impairment Charges On Continued And Discontinued Operations



	Year Ended
			2016						2015						2014
	Goodwill Impairment		Other Long-Lived Asset Impairments		Total Impairments		Goodwill Impairment		Other Long-Lived Asset Impairments		Total Impairments		Goodwill Impairment		Other Long-Lived Asset Impairments		Total Impairments
Continuing operations:
Residential Products	$	—	$	.4	$	.4	$	—	$	.7	$	.7	$	—	$	1.2	$	1.2
Industrial Products - Steel Tubing	—		—		—		4.1		1.4		5.5		—		—		—
Specialized Products:
CVP unit	3.7		—		3.7		—		.1		.1		—		—		—
Other	—		—		—		—		—		—		—		.1		.1
Total continuing operations	3.7		.4		4.1		4.1		2.2		6.3		—		1.3		1.3
Discontinued operations:
Furniture Products - Store Fixtures	—		—		—		—		—		—		108.0		—		108.0
Other	—		—		—		—		.2		.2		—		—		—
Total discontinued operations	—		—		—		—		.2		.2		108.0		—		108.0
Total impairment charges	$	3.7	$	.4	$	4.1	$	4.1	$	2.4	$	6.5	$	108.0	$	1.3	$	109.3

Components Of Fair Values In Relation To Their Respective Carrying Values

The fair values of reporting units in relation to their respective carrying values and significant assumptions used in the second quarter 2015 review are presented in the table below.



Excess of Fair Value over Carrying Value as a Percentage of Fair Value	December 31, 2015 Goodwill Value		10-year Compound Annual Growth Rate Range for Sales		Terminal Values Long- term Growth Rate for Debt-Free Cash Flow		Discount Rate Ranges
< 25%	$	—	—	%	—	%	—	%
25-49%	—		—	%	—	%	—	%
50% - 74%	588.7		.6% - 7.0%		3.0	%	8.0% - 12.5%
75%+	217.4		3.1% - 10.9%		3.0	%	8.0% - 9.0%
	$	806.1	.6% - 10.9%		3.0	%	8.0% - 12.5%

Goodwill And Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Changes In The Carrying Amounts Of Goodwill

The changes in the carrying amounts of goodwill are as follows:



	Residential Products			Industrial Products			Furniture Products			Specialized Products			Total
Net goodwill as of January 1, 2015	$	359.8		$	81.0		$	187.2		$	201.4		$	829.4
Additions for current year acquisitions	—			—			7.9			—			7.9
Adjustments to prior year acquisitions	1.1			—			—			—			1.1
Reductions for sale of business	—			—			—			(.4		)	(.4		)
Impairment charge (1)	—			(4.1		)	—			—			(4.1		)
Foreign currency translation adjustment	(9.7		)	(.2		)	(5.1		)	(12.8		)	(27.8		)
Net goodwill as of December 31, 2015	351.2			76.7			190.0			188.2			806.1
Additions for current year acquisitions	4.9			—			—			3.8			8.7
Adjustments to prior year acquisitions	—			—			.1			—			.1
Reductions for sale of business	(.1		)	(4.3		)	—			(8.8		)	(13.2		)
Impairment charge (2)	—			—			—			(3.7		)	(3.7		)
Foreign currency translation adjustment	(3.2		)	(.5		)	(2.2		)	(.8		)	(6.7		)
Net goodwill as of December 31, 2016	$	352.8		$	71.9		$	187.9		$	178.7		$	791.3

Net goodwill as of December 31, 2016 is comprised of:
Gross goodwill	$	352.8		$	76.0		$	438.5		$	245.4		$	1,112.7
Accumulated impairment losses	—			(4.1		)	(250.6		)	(66.7		)	(321.4		)
Net goodwill as of December 31, 2016	$	352.8		$	71.9		$	187.9		$	178.7		$	791.3

(1) We recorded a goodwill impairment charge related to the Steel Tubing unit as outlined in Note C.

(2) We recorded a goodwill impairment charge related to the Commercial Vehicle Products unit as outlined in Note C.

Intangible Assets Purchased



	Debt Issue Costs		Patents and Trademarks		Non-compete Agreements		Customer- Related Intangibles		Supply Agreements and Other		Total
2016
Gross carrying amount	$	3.1	$	58.0	$	13.9	$	200.9	$	26.0	$	301.9
Accumulated amortization	1.6		30.8		4.4		87.9		12.3		137.0
Net other intangibles as of December 31, 2016	$	1.5	$	27.2	$	9.5	$	113.0	$	13.7	$	164.9

Acquired during 2016:
Acquired related to business acquisitions	$	—	$	1.9	$	2.8	$	7.6	$	—	$	12.3
Acquired outside business acquisitions	.9		2.4		—		—		2.1		5.4
Total acquired in 2016	$	.9	$	4.3	$	2.8	$	7.6	$	2.1	$	17.7

Weighted average amortization period in years for items acquired in 2016	5.0		9.6		5.2		12.0		3.5		9.0

2015
Gross carrying amount	$	2.2	$	60.4	$	11.5	$	224.4	$	29.7	$	328.2
Accumulated amortization	1.3		31.4		2.8		90.9		13.4		139.8
Net other intangibles as of December 31, 2015	$	.9	$	29.0	$	8.7	$	133.5	$	16.3	$	188.4

Acquired during 2015:
Acquired related to business acquisitions	$	—	$	4.6	$	5.1	$	5.2	$	—	$	14.9
Acquired outside business acquisitions	—		1.8		—		—		1.1		2.9
Total acquired in 2015	$	—	$	6.4	$	5.1	$	5.2	$	1.1	$	17.8

Weighted average amortization period in years for items acquired in 2015	0.0		5.2		10.0		19.0		3.9		10.5

Estimated Amortization Expense

Estimated amortization expense for items included in our December 31, 2016 balance sheet in each of the next five years is as follows:



Year ended December 31
2017	$	22
2018	20
2019	19
2020	17
2021	12

Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Results From Continuing Operations

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



	Year Ended December 31
	Trade Sales		Inter- Segment Sales		Total Sales		EBIT
2016
Residential Products	$	1,571.4	$	17.2	$	1,588.6	$	167.5
Industrial Products	289.4		293.1		582.5		65.3
Furniture Products	989.3		59.3		1,048.6		106.6
Specialized Products	899.8		6.5		906.3		181.4
Intersegment eliminations and other							1.2
	$	3,749.9	$	376.1	$	4,126.0	$	522.0
2015
Residential Products	$	1,666.1	$	21.9	$	1,688.0	$	154.7
Industrial Products	427.6		349.0		776.6		76.8
Furniture Products	982.7		89.1		1,071.8		118.1
Specialized Products	840.8		6.4		847.2		150.2
Intersegment eliminations and other (1)							(13.3		)
	$	3,917.2	$	466.4	$	4,383.6	$	486.5
2014
Residential Products	$	1,574.2	$	21.2	$	1,595.4	$	88.4
Industrial Products	492.0		321.3		813.3		44.0
Furniture Products	903.3		49.3		952.6		82.0
Specialized Products	812.8		4.2		817.0		119.5
Intersegment eliminations and other							(2.4		)
	$	3,782.3	$	396.0	$	4,178.3	$	331.5

Revenues From External Customers

Revenues from trade customers, by product line, are as follows:



	Year Ended December 31
	2016		2015		2014
Residential Products
Bedding group	$	831.8	$	918.3	$	833.4
Fabric & Carpet Cushion group	666.8		675.0		672.3
Machinery group	72.8		72.8		68.5
	1,571.4		1,666.1		1,574.2
Industrial Products
Wire group (1)	289.4		338.6		397.6
Steel Tubing group (1)	—		89.0		94.4
	289.4		427.6		492.0

Furniture Products
Home Furniture group	413.3		442.9		431.7
Consumer Products group	327.2		305.6		277.3
Work Furniture group	248.8		234.2		194.3
	989.3		982.7		903.3
Specialized Products
Automotive group	695.0		621.9		589.4
Aerospace Products group	129.7		123.2		123.9
Commercial Vehicle Products group (1)	75.1		95.7		99.5
	899.8		840.8		812.8
	$	3,749.9	$	3,917.2	$	3,782.3

(1) Certain operations in the Wire and CVP groups were sold in 2016. The Steel Tubing group was sold in 2015. See Note B.

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

Segment assets for all years are reflected at their estimated average for the year. Acquired companies’ long-lived assets as disclosed below include property, plant and equipment and other long-term assets.



	Year Ended December 31
	Assets			Additions to Property, Plant and Equipment		Acquired Companies’ Long-Lived Assets		Depreciation And Amortization
2016
Residential Products	$	527.2		$	32.4	$	11.2	$	42.9
Industrial Products	147.4			10.1		—		11.8
Furniture Products	219.4			16.6		—		14.4
Specialized Products	248.7			42.2		13.7		29.7
Other (1)	.2			—		—		—
Average current liabilities included in segment numbers above	495.9			—		—		—
Unallocated assets (2)	1,378.3			22.7		—		16.6
Difference between average assets and year-end balance sheet	(33.0		)	—		—		—
	$	2,984.1		$	124.0	$	24.9	$	115.4
2015
Residential Products	$	548.2		$	36.1	$	.2	$	42.5
Industrial Products	186.7			12.5		—		14.2
Furniture Products	212.0			13.9		25.4		13.7
Specialized Products	230.1			31.1		—		28.2
Other (1)	6.3			—		—		.1
Average current liabilities included in segment numbers above	516.6			—		—		—
Unallocated assets (2)	1,387.0			9.6		—		14.5
Difference between average assets and year-end balance sheet	(123.2		)	—		—		—
	$	2,963.7		$	103.2	$	25.6	$	113.2
2014
Residential Products	$	518.7		$	42.1	$	47.3	$	42.7
Industrial Products	202.6			13.6		—		14.0
Furniture Products	195.5			10.2		13.5		13.7
Specialized Products	229.6			25.2		—		28.6
Other (1)	68.0			1.4		—		2.9
Average current liabilities included in segment numbers above	520.8			—		—		—
Unallocated assets (2)	1,465.7			1.6		—		16.0
Difference between average assets and year-end balance sheet	(65.0		)	—		—		—
	$	3,135.9		$	94.1	$	60.8	$	117.9


(1)	Businesses sold or classified as discontinued operations during the years presented.


(2)	Unallocated assets consist primarily of goodwill, other intangibles, cash and deferred tax assets. Unallocated depreciation and amortization consists primarily of depreciation of non-operating assets and amortization of debt issue costs.

, based on the geography of manufacture.



	Year Ended December 31
	2016		2015		2014
Trade sales
United States	$	2,467.4	$	2,703.7	$	2,599.0
Europe	445.2		426.8		422.7
China	420.0		392.0		390.0
Canada	215.1		203.1		206.5
Mexico	132.8		117.3		90.1
Other	69.4		74.3		74.0
	$	3,749.9	$	3,917.2	$	3,782.3
Tangible long-lived assets
United States	$	342.8	$	336.8	$	331.8
Europe	128.6		123.6		129.6
China	45.5		41.8		40.5
Canada	29.6		23.0		25.6
Mexico	6.3		7.6		9.8
Other	12.7		8.0		11.5
	$	565.5	$	540.8	$	548.8

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Calculation Of Basic And Diluted Earnings Per Share

Basic and diluted earnings per share were calculated as follows:



	Year Ended December 31
	2016			2015			2014
Earnings:
Earnings from continuing operations	$	367.1		$	328.0		$	225.2
(Earnings) attributable to noncontrolling interest, net of tax	(.4		)	(4.1		)	(3.2		)
Net earnings from continuing operations attributable to Leggett & Platt common shareholders	366.7			323.9			222.0
Earnings (loss) from discontinued operations, net of tax	19.1			1.2			(124.0		)
Net earnings attributable to Leggett & Platt common shareholders	$	385.8		$	325.1		$	98.0

Weighted average number of shares (in millions):
Weighted average number of common shares used in basic EPS	137.9			140.9			141.4
Dilutive effect of equity-based compensation	2.1			2.0			1.8
Weighted average number of common shares and dilutive potential common shares used in diluted EPS	140.0			142.9			143.2

Basic and Diluted EPS:
Basic EPS attributable to Leggett & Platt common shareholders
Continuing operations	$	2.66		$	2.30		$	1.57
Discontinued operations	.14			.01			(.88		)
Basic EPS attributable to Leggett & Platt common shareholders	$	2.80		$	2.31		$	.69
Diluted EPS attributable to Leggett & Platt common shareholders
Continuing operations	$	2.62		$	2.27		$	1.55
Discontinued operations	.14			.01			(.87		)
Diluted EPS attributable to Leggett & Platt common shareholders	$	2.76		$	2.28		$	.68

Other information:
Anti-dilutive shares excluded from diluted EPS computation	—			—			—

Accounts and Other Receivables (Tables)

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Components Of Accounts And Other Receivables

Accounts and other receivables at December 31 consisted of the following:



	2016						2015
	Current			Long-term			Current			Long-term
Trade accounts receivable	$	456.5		$	—		$	457.5		$	—
Trade notes receivable	1.5			.7			.5			.6
Total trade receivables	458.0			.7			458.0			.6
Other notes receivable	—			24.6			—			.4
Income tax receivables	9.1			—			32.6			—
Other receivables	26.7			—			38.9			—
Subtotal other receivables	35.8			24.6			71.5			.4
Total trade and other receivables	493.8			25.3			529.5			1.0
Allowance for doubtful accounts:
Trade accounts receivable	(7.1		)	—			(9.2		)	—
Trade notes receivable	(.1		)	(.2		)	(.1		)	(.2		)
Total trade receivables	(7.2		)	(.2		)	(9.3		)	(.2		)
Other notes receivable	—			—			—			(.4		)
Total allowance for doubtful accounts	(7.2		)	(.2		)	(9.3		)	(.6		)
Total net receivables	$	486.6		$	25.1		$	520.2		$	.4

Allowance For Doubtful Accounts

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



	Balance at December 31, 2014		Add: 2015 Charges		Less: 2015 Charge-offs, Net of Recoveries		Balance at December 31, 2015		Add: 2016 Charges			Less: 2016 Charge-offs, Net of Recoveries			Balance at December 31, 2016
Trade accounts receivable	$	14.7	$	2.3	$	7.8	$	9.2	$	1.8		$	3.9		$	7.1
Trade notes receivable	2.1		.3		2.1		.3		(.2		)	(.2		)	.3
Total trade receivables	16.8		2.6		9.9		9.5		1.6			3.7			7.4
Other notes receivable	.4		—		—		.4		—			.4			—
Total allowance for doubtful accounts	$	17.2	$	2.6	$	9.9	$	9.9	$	1.6		$	4.1		$	7.4

Supplemental Balance Sheet Information (Tables)

12 Months Ended

Dec. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule Of Supplemental Balance Sheet Information

at December 31 consisted of the following:



	2016		2015
Sundry assets
Deferred taxes (see Note M)	$	23.9	$	33.3
Assets held for sale (see Note B)	11.0		8.4
Diversified investments associated with stock-based compensation plans (see Note K)	25.0		20.5
Investment in associated companies	7.1		7.1
Pension plan assets (see Note L)	1.1		1.3
Brazilian VAT deposits (see Note S)	12.5		10.3
Net long-term notes receivable	25.1		.4
Other	31.8		35.9
	$	137.5	$	117.2
Accrued expenses
Litigation contingency accruals (see Note S)	$	3.2	$	8.1
Wages and commissions payable	76.8		75.1
Workers’ compensation, auto and product liability, medical and disability	48.7		53.9
Sales promotions	35.2		35.1
Liabilities associated with stock-based compensation plans (see Note K)	19.0		29.8
Accrued interest	8.8		8.6
General taxes, excluding income taxes	16.0		16.6
Environmental reserves	3.5		4.2
Other	46.5		55.3
	$	257.7	$	286.7
Other current liabilities
Dividends payable	$	45.4	$	43.5
Customer deposits	14.4		12.6
Sales tax payable	5.2		7.3
Derivative financial instruments (see Note R)	4.1		12.2
Liabilities associated with stock-based compensation plans (see Note K)	1.8		1.5
Outstanding checks in excess of book balances	17.8		20.7
Other	5.5		6.1
	$	94.2	$	103.9
Other long-term liabilities
Liability for pension benefits (see Note L)	$	79.6	$	83.7
Liabilities associated with stock-based compensation plans (see Note K)	31.2		30.9
Net reserves for tax contingencies	15.1		19.9
Deferred compensation (see Note K)	18.0		17.9
Other	29.1		32.3
	$	173.0	$	184.7

Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Details Of Long-Term Debt, Weighted Average Interest Rates And Due Dates

Long-term debt, interest rates and due dates at December 31 are as follows:



	2016					2015
	Year-end Interest Rate		Due Date Through	Balance		Year-end Interest Rate		Due Date Through	Balance
Term notes	3.8	%	2024	$	745.3	3.8	%	2024	$	744.4
Industrial development bonds, principally variable interest rates	.9	%	2030	12.5		.3	%	2030	14.8
Commercial paper	(1	)	2021	195.9		(1	)	2019	181.5
Capitalized leases (primarily machinery, vehicle and office equipment)				5.7					4.2
Other, partially secured				.4					—
				959.8					944.9
Less current maturities				3.6					3.4
				$	956.2				$	941.5

Maturities Of Long-Term Debt

Maturities of long-term debt, including unamortized premium, discount and deferred loan costs are as follows:



Year ended December 31
2017	$	3.6
2018	153.0
2019	.7
2020	—
2021	195.2
Thereafter	607.3
	$	959.8

Amounts Outstanding Related To Commercial Paper Program

Amounts outstanding at December 31 related to our commercial paper program were:



	2016			2015
Total program authorized	$	750.0		$	600.0

Commercial paper outstanding (classified as long-term debt)	(195.9		)	(181.5		)
Letters of credit issued under the credit facility	—			—
Total program usage	(195.9		)	(181.5		)
Total program available	$	554.1		$	418.5

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 210
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
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-Subparagraph (SX 210.4-08.(e),(f))
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
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-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Components Of Rental Expense

Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2016

Leases [Abstract]

Total rental expense for the periods presented was as follows:



	2016		2015		2014
Continuing operations	$	51.2	$	51.4	$	48.9
Discontinued operations	$	—	$	.5	$	2.1

Future Minimum Rental Commitments For All Long-Term Non-Cancelable Operating Leases

Future minimum rental commitments for all long-term non-cancelable operating leases are as follows:



Year ended December 31
2017	$	33.6
2018	27.3
2019	20.1
2020	16.2
2021	12.2
Thereafter	23.4
	$	132.8

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Flexible Stock Plan Options

At December 31, 2016, the following common shares were authorized for issuance under the Plan:



	Shares Available for Issuance	Maximum Number of Authorized Shares
Unexercised options	2.3	2.3
Outstanding stock units—vested	3.7	7.2
Outstanding stock units—unvested	1.3	3.7
Available for grant	10.5	10.5
Authorized for issuance at December 31, 2016	17.8	23.7

Components Of Stock-Based Compensation

The following table recaps the impact of stock-based compensation (including discontinued operations) on the results of operations for each of the periods presented:



	Year Ended December 31
	2016				2015				2014
	To Be Settled With Stock		To Be Settled In Cash		To Be Settled With Stock		To Be Settled In Cash		To Be Settled With Stock		To Be Settled In Cash
Options (1):
Amortization of the grant date fair value	$	1.0	$	—	$	.2	$	—	$	.6	$	—
Cash payments in lieu of options	—		1.0		—		1.0		—		.8
Stock-based retirement plans contributions (2)	6.7		1.3		7.0		1.3		6.1		1.4
Discounts on various stock awards:
Deferred Stock Compensation Program (1)	2.0		—		1.9		—		2.2		—
Stock-based retirement plans (2)	1.5		—		1.4		—		1.9		—
Discount Stock Plan (6)	1.0		—		1.0		—		1.0		—
Performance Stock Unit awards (3)	4.8		6.5		8.3		10.6		6.4		13.9
Restricted Stock Units awards (4)	2.8		—		3.5		—		3.4		—
Profitable Growth Incentive awards (5)	1.4		1.0		6.0		5.9		4.4		4.4
Other, primarily non-employee directors restricted stock	1.0		—		1.2		—		1.3		—
Total stock-based compensation expense	22.2		$	9.8	30.5		$	18.8	27.3		$	20.5
Employee contributions for above stock plans	14.9				14.7				14.3
Total stock-based compensation	$	37.1			$	45.2			$	41.6

Tax benefits on stock-based compensation expense	$	8.1			$	11.6			$	10.4
Tax benefits on stock-based compensation payments (See Note A - Accounting Standards Update)	18.2				—				—
Total tax benefits associated with stock-based compensation	$	26.3			$	11.6			$	10.4

Schedule of Stock-based Compensation Assets and Liabilities

The following table recaps the impact of stock-based compensation on assets and liabilities for each of the periods presented:



	2016						2015
	Current		Long-term		Total		Current		Long-term		Total
Assets:
Diversified investments associated with the stock-based retirement plans (2)	$	1.8	$	25.0	$	26.8	$	1.5	$	20.5	$	22.0

Liabilities:
Stock-based retirement plans (2)	$	1.8	$	23.8	$	25.6	$	1.5	$	20.7	$	22.2
Performance Stock Unit award (3)	9.7		5.6		15.3		8.5		8.8		17.3
Profitable Growth Incentive award (5)	1.6		1.8		3.4		13.3		1.4		14.7
Other - primarily timing differences between employee withholdings and related employer contributions to be submitted to various plans' trust accounts	7.7		—		7.7		8.0		—		8.0
Total liabilities associated with stock-based compensation	$	20.8	$	31.2	$	52.0	$	31.3	$	30.9	$	62.2

Deferred Compensation Arrangement with Individual Disclosure, Postretirement Benefits



	Options		Units		Cash
Aggregate amount of compensation deferred during 2016	$	.2	$	8.3	$	1.1

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

STOCK OPTIONS SUMMARY

Stock option information for the plans discussed above for the periods presented is as follows:



	Employee Stock Options		Deferred Compensation Options	Other-Primarily Outside Directors' Options**	Total Options		Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Life in Years	Aggregate Intrinsic Value
Outstanding at December 31, 2015	2.9		.2	—	3.1		$	21.30
Granted	.1		—	—	.1		43.77
Exercised *	(.9	)	—	—	(.9	)	19.80
Outstanding at December 31, 2016	2.1		.2	—	2.3		$	23.13	4.1	$	58.9
Vested or expected to vest					2.3		$	23.13	4.1	$	58.9
Exercisable (vested) at December 31, 2016					2.1		$	21.22	3.6	$	57.8


*	Prior to 2005, we granted options with a below market exercise price under the terms of our Deferred Compensation Program. In 2005, we amended the Program to provide only “at market” stock options. During 2016, there were no significant options exercised at a below market exercise price, and less than .1 of these options remain outstanding at December 31, 2016.

Schedule of Share-based Compensation, Stock Options, Activity

Additional information related to stock option activity for the periods presented is as follows:



	Year Ended December 31
	2016		2015		2014
Total intrinsic value of stock options exercised	$	27.7	$	17.1	$	35.2
Cash received from stock options exercised	4.9		8.3		21.8
Total fair value of stock options vested	.1		1.3		2.9

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following table summarizes fair values calculated (and assumptions utilized) using the Black-Scholes option pricing model.



	Year Ended December 31
	2016			2015			2014
Aggregate grant date fair value	$	1.4		$	.9		$	.1
Weighted-average per share grant date fair value	$	10.79		$	10.06		$	7.30
Risk-free interest rate	2.2		%	2.1		%	2.1		%
Expected life in years	7.9			7.5			6.0
Expected volatility (over expected life)	30.0		%	30.5		%	35.1		%
Expected dividend yield (over expected life)	3.0		%	3.0		%	3.9		%

Components Of SBP And ESUP

Information for the year ended December 31 for these plans was as follows:



	SBP 2016		ESUP 2016
Employee contributions	$	3.2	$	4.3
Less diversified contributions	.8		4.3
Total employee stock contributions	$	2.4	$	—
Employer premium contribution to diversified investment accounts			$	.8
Shares purchased by employees and company match	.1

Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Performance Based Units Table

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



	Year Ended December 31,
	2016			2015			2014
Total shares base award	.1			.2			.2
Grant date per share fair value	$	40.16		$	42.22		$	30.45
Risk-free interest rate	1.3		%	1.1		%	.8		%
Expected life in years	3.0			3.0			3.0
Expected volatility (over expected life)	19.2		%	19.8		%	25.9		%
Expected dividend yield (over expected life)	3.1		%	2.9		%	3.9		%



Three-Year Performance Cycle
Award Year	Completion Date	TSR Performance Relative to the Peer Group (1%=Best)	Payout as a Percent of the Base Award	Number of Shares Distributed	Cash Portion		Distribution Date
2012	December 31, 2014	30	157.0%	.4 million	$	9.9	January 2015
2013	December 31, 2015	27	165.4%	.4 million	$	8.5	January 2016
2014	December 31, 2016	10	175.0%	.4 million	$	9.8	January 2017

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

STOCK UNITS SUMMARY

Stock unit information for the plans discussed above is presented in the table below.



	DSU		ESUP		PSU*		RSU		PGI**		Total Units		Weighted Average Grant Date Fair Value per Unit		Aggregate Intrinsic Value
Non-vested at December 31, 2015	—		—		1.1		.2		.3		1.6		$	21.43
Granted based on current service	.2		.2		—		.1		—		.5		46.61
Granted based on future conditions	—		—		.2		—		.1		.3		19.23
Vested	(.2	)	(.2	)	(.4	)	(.2	)	(.2	)	(1.2	)	34.33
Forfeited	—		—		—		—		—		—		9.68
Total non-vested at December 31, 2016	—		—		.9		.1		.2		1.2		$	20.30	$	60.7
Fully vested shares available for issuance at December 31, 2016											3.7				$	182.4


*	PSU awards are presented at 175% (i.e., maximum) payout

** PGI awards are presented at 250% (i.e., maximum) payout



	Year Ended December 31
	2016		2015		2014
Total intrinsic value of vested stock units converted to common stock	$	24.8	$	27.7	$	9.2

STOCK

Stock Units Converted To Common Stock

Schedule of Unrecognized Compensation Cost, Nonvested Awards

STOCK-BASED COMPENSATION COST NOT YET RECOGNIZED

As of December 31, 2016, the unrecognized cost of non-vested stock options and units that are not adjusted to fair value at each reporting period was as follows:



	Options	Units
Unrecognized cost of non-vested stock	$ < .1	$	7.5
Weighted-average remaining contractual life in years	0.6	1.0

Discount Stock Plan



Average 2016 purchase price per share (net of discount)	$	40.73
2016 number of shares purchased by employees	.1
Shares purchased since inception in 1982	22.8
Maximum shares under the plan	27.0

Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Summary Of Pension Obligations And Funded Status

A summary of our pension obligations and funded status as of December 31 is as follows:



	2016			2015			2014
Change in Benefit Obligation
Benefit obligation, beginning of period	$	290.3		$	343.0		$	287.0
Service cost	4.4			4.3			3.0
Interest cost	11.3			12.6			12.9
Plan participants’ contributions	.7			.7			.6
Actuarial loss (gain)	9.8			(17.4		)	58.1
Benefits paid	(19.1		)	(13.9		)	(15.6		)
Settlements	—			(35.7		)	—
Foreign currency exchange rate changes	(4.4		)	(3.3		)	(3.0		)
Benefit obligation, end of period	293.0			290.3			343.0
Change in Plan Assets
Fair value of plan assets, beginning of period	207.5			258.9			248.0
Actual return on plan assets	18.9			(1.7		)	23.9
Employer contributions	9.8			1.8			4.1
Plan participants’ contributions	.7			.7			.6
Benefits paid	(19.1		)	(13.9		)	(15.6		)
Settlements	—			(35.7		)	—
Foreign currency exchange rate changes	(3.7		)	(2.6		)	(2.1		)
Fair value of plan assets, end of period	214.1			207.5			258.9
Net funded status	$	(78.9	)	$	(82.8	)	$	(84.1	)
Funded status recognized in the Consolidated Balance Sheets
Other assets—sundry	$	1.1		$	1.3		$	—
Other current liabilities	(.4		)	(.4		)	(.4		)
Other long-term liabilities	(79.6		)	(83.7		)	(83.7		)
Net funded status	$	(78.9	)	$	(82.8	)	$	(84.1	)

Schedule Of Accumulated And Projected Benefit Obligation Information

Accumulated and projected benefit obligation information at December 31 is recapped below:



	2016		2015		2014
Aggregated plans with accumulated benefit obligations in excess of plan assets:
Projected benefit obligation	$	281.7	$	274.7	$	343.0
Accumulated benefit obligation	277.5		271.5		338.5
Fair value of plan assets	202.1		190.8		258.9
Aggregated plans with projected benefit obligations in excess of plan assets:
Projected benefit obligation	285.3		277.8		343.0
Fair value of plan assets	205.3		193.7		258.9
Accumulated benefit obligation for all defined benefit plans	280.5		274.3		338.5

Schedule Of Unfunded Supplemental Executive Retirement Plan



	2016		2015		2014
Cash surrender values	$	2.4	$	2.3	$	2.2

Schedule Of Accumulated Other Comprehensive Income

Amounts and activity included in accumulated other comprehensive income associated with pensions are reflected below:



	December 31, 2015			2016 Amortization			2016 Net Actuarial loss		2016 Foreign currency exchange rates change			2016 Income taxes change		December 31, 2016
Net loss (gain) (before tax)	$	92.1		$	(4.5	)	$	3.8	$	(.8	)	$	—	$	90.6
Deferred income taxes	(34.0		)	—			—		—			.6		(33.4		)
Accumulated other comprehensive income (net of tax)	$	58.1		$	(4.5	)	$	3.8	$	(.8	)	$	.6	$	57.2

Summary Of Accumulated Other Comprehensive Income Recognized In Net Periodic Pension Cost

Of the amounts in accumulated other comprehensive income as of December 31, 2016, the portions expected to be recognized as components of net periodic pension cost in 2017 are as follows:



Net loss	$	4.5

Components Of Net Pension (Expense) Income

Components of net pension (expense) income for the years ended December 31 were as follows:



	2016			2015			2014
Service cost	$	(4.4	)	$	(4.3	)	$	(3.0	)
Interest cost	(11.3		)	(12.6		)	(12.9		)
Expected return on plan assets	12.9			16.5			15.9
Amortization of prior service cost	—			—			(.3		)
Recognized net actuarial loss	(4.5		)	(5.2		)	(2.8		)
Settlements	—			(12.1		)	—
Net pension (expense) income	$	(7.3	)	$	(17.7	)	$	(3.1	)
Weighted average assumptions for pension costs:
Discount rate used in net pension costs	4.1		%	3.8		%	4.6		%
Rate of compensation increase used in pension costs	3.5		%	3.5		%	3.8		%
Expected return on plan assets	6.5		%	6.6		%	6.7		%
Weighted average assumptions for benefit obligation:
Discount rate used in benefit obligation	3.8		%	4.1		%	3.8		%
Rate of compensation increase used in benefit obligation	3.5		%	3.5		%	3.5		%

Schedule Of Fair Value Of Pension Plan Assets

Presented below are our major categories of investments for the periods presented:



	Year Ended December 31, 2016								Year Ended December 31, 2015
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Mutual and pooled funds
Fixed income	$	46.4	$	—	$	—	$	46.4	$	54.0	$	—	$	—	$	54.0
Equities	120.6		—		—		120.6		110.1		—		—		110.1
Stable value funds	—		35.1		—		35.1		—		37.9		—		37.9
Money market funds, cash and other	12.0		—		—		12.0		5.5		—		—		5.5
Total investments at fair value	$	179.0	$	35.1	$	—	$	214.1	$	169.6	$	37.9	$	—	$	207.5

Schedule of Allocation of Plan Assets

Plan assets are invested in diversified portfolios of equity, debt and government securities, as well as a stable value fund. The aggregate allocation of these investments is as follows:



	2016		2015
Asset Category
Equity securities	56	%	53	%
Debt securities	22		26
Stable value funds	16		18
Other, including cash	6		3
Total	100	%	100	%

Schedule Of Estimated Benefit Payments

Estimated benefit payments, expected over the next ten years are as follows:



2017	$	16.2
2018	16.2
2019	16.1
2020	16.1
2021	16.3
2022-2026	84.1

Schedule of Costs of Retirement Plans

Total expense from continuing operations for defined contribution plans was as follows:



	2016		2015		2014
Defined contribution plans	$	6.1	$	6.8	$	7.3

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Components Of Earnings From Continuing Operations Before Income Taxes

The components of earnings from continuing operations before income taxes are as follows:



	Year Ended December 31
	2016		2015		2014
Domestic	$	267.7	$	254.2	$	142.1
Foreign	219.4		195.6		153.4
	$	487.1	$	449.8	$	295.5

Income Tax Expense From Continuing Operations

Income tax expense from continuing operations is comprised of the following components:



	Year Ended December 31
	2016		2015		2014
Current
Federal	$	55.7	$	63.1	$	38.4
State and local	4.1		7.6		3.3
Foreign	42.5		40.0		29.8
	102.3		110.7		71.5
Deferred
Federal	13.1		9.6		(6.1		)
State and local	2.3		.1		2.1
Foreign	2.3		1.4		2.8
	17.7		11.1		(1.2		)
	$	120.0	$	121.8	$	70.3

Schedule Of Income Tax Expense From Continuing Operations Percentage

Income tax expense from continuing operations, as a percentage of earnings before income taxes, differs from the statutory federal income tax rate as follows:



	Year Ended December 31
	2016		2015		2014
Statutory federal income tax rate	35.0	%	35.0	%	35.0	%
Increases (decreases) in rate resulting from:
State taxes, net of federal benefit	.9		1.6		1.0
Tax effect of foreign operations	(6.0	)	(5.8	)	(7.5	)
Deferred tax on undistributed foreign earnings	.5		(1.0	)	.4
Stock-based compensation	(3.4	)	—		—
Change in valuation allowance	.2		—		.2
Change in uncertain tax positions, net	(.6	)	(.5	)	(.6	)
Domestic production activities deduction	(1.2	)	(1.2	)	(3.4	)
Other permanent differences, net	(.6	)	(1.0	)	(.7	)
Other, net	(.2	)	—		(.6	)
Effective tax rate	24.6	%	27.1	%	23.8	%

Reconciliation Of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending balance of our gross unrecognized tax benefits for the periods presented is as follows:



	2016			2015			2014
Gross unrecognized tax benefits, January 1	$	15.5		$	19.8		$	24.4
Gross increases—tax positions in prior periods	.3			.3			.1
Gross decreases—tax positions in prior periods	(1.0		)	(.5		)	(2.4		)
Gross increases—current period tax positions	1.1			1.3			1.3
Change due to exchange rate fluctuations	—			(1.3		)	(1.0		)
Settlements	(.9		)	(1.5		)	(.6		)
Lapse of statute of limitations	(2.9		)	(2.6		)	(2.0		)
Gross unrecognized tax benefits, December 31	12.1			15.5			19.8
Interest	4.0			6.0			7.6
Penalties	.6			.6			.8
Total gross unrecognized tax benefits, December 31	$	16.7		$	22.1		$	28.2

Deferred Tax Assets Or Liabilities



	December 31
	2016						2015
	Assets			Liabilities			Assets			Liabilities
Property, plant and equipment	$	5.9		$	(57.3	)	$	6.9		$	(54.3	)
Inventories	3.3			(22.1		)	2.8			(26.5		)
Accrued expenses	93.3			(.3		)	96.8			—
Net operating losses and other tax carryforwards	48.2			—			57.2			—
Pension cost and other post-retirement benefits	31.4			(.9		)	33.6			(.9		)
Subsidiary stock basis	—			—			2.0			—
Intangible assets	1.1			(107.6		)	1.2			(107.3		)
Derivative financial instruments	9.9			(1.7		)	14.0			(1.7		)
Tax on undistributed earnings	—			(9.2		)	—			(6.9		)
Uncertain tax positions	5.3			—			7.1			—
Other	2.9			(9.7		)	5.0			(7.7		)
Gross deferred tax assets (liabilities)	201.3			(208.8		)	226.6			(205.3		)
Valuation allowance	(22.9		)	—			(26.6		)	—
Total deferred taxes	$	178.4		$	(208.8	)	$	200.0		$	(205.3	)
Net deferred tax (liability) asset				$	(30.4	)				$	(5.3	)

Deferred Tax Assets And (Liabilities) Included In Consolidated Balance Sheets

Deferred tax assets (liabilities) included in the consolidated balance sheets are as follows:



	December 31
	2016			2015
Sundry	$	23.9		$	33.3
Deferred income taxes	(54.3		)	(38.6		)
	$	(30.4	)	$	(5.3	)

Other (Income) Expense (Tables)

12 Months Ended

Dec. 31, 2016

Other Nonoperating Income (Expense) [Abstract]

Components Of Other (Income) Expense

The components of other (income) expense from continuing operations were as follows:



	Year Ended December 31
	2016			2015			2014
Restructuring charges	$	.8		$	1.6		$	.9
Asset impairments (see Note C)	.4			2.2			1.3
Currency (gain) loss	(2.1		)	(2.1		)	.3
Royalty income	(.3		)	(.9		)	(1.0		)
(Gain) loss from diversified investments associated with stock-based compensation plans	(2.2		)	.3			(1.2		)
Other income	(2.2		)	(5.7		)	(5.6		)
	$	(5.6	)	$	(4.6	)	$	(5.3	)

Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Changes In Each Component Of Accumulated Other Comprehensive Income (Loss)

The following table sets forth the changes in each component of accumulated other comprehensive income (loss):



	Foreign Currency Translation Adjustments			Cash Flow Hedges			Defined Benefit Pension Plans			Accumulated Other Comprehensive Income (Loss)
Balance January 1, 2014	$	158.3		$	(23.5	)	$	(40.3	)	$	94.5
Other comprehensive income	(71.7		)	.8			(49.5		)	(120.4		)
Reclassifications, pretax (1)	—			4.4			3.1			7.5
Income tax effect	—			(1.8		)	17.4			15.6
Attributable to noncontrolling interest	.2			—			—			.2
Balance December 31, 2014	86.8			(20.1		)	(69.3		)	(2.6		)
Other comprehensive income	(88.5		)	(13.1		)	.1			(101.5		)
Reclassifications, pretax (2)	(3.6		)	3.5			17.3			17.2
Income tax effect	—			1.5			(6.2		)	(4.7		)
Attributable to noncontrolling interest	.5			—			—			.5
Balance December 31, 2015	(4.8		)	(28.2		)	(58.1		)	(91.1		)
Other comprehensive income	(33.2		)	(.9		)	(3.0		)	(37.1		)
Reclassifications, pretax (3)	(1.7		)	15.3			4.5			18.1
Income tax effect	—			(4.0		)	(.6		)	(4.6		)
Attributable to noncontrolling interest	1.1			—			—			1.1
Balance December 31, 2016	$	(38.6	)	$	(17.8	)	$	(57.2	)	$	(113.6	)

(1) 2014 pretax reclassifications are comprised of:
Net sales	$	—		$	.4		$	—		$	.4
Cost of goods sold; selling and administrative expenses	—			—			3.1			3.1
Interest expense	—			4.0			—			4.0
Other income (expense), net	—			—			—			—
Total 2014 reclassifications, pretax	$	—		$	4.4		$	3.1		$	7.5

(2) 2015 pretax reclassifications are comprised of:
Net sales	$	—		$	(.6	)	$	—		$	(.6	)
Cost of goods sold; selling and administrative expenses	—			—			17.3			17.3
Interest expense	—			4.1			—			4.1
Other income (expense), net	(3.6		)	—			—			(3.6		)
Total 2015 reclassifications, pretax	$	(3.6	)	$	3.5		$	17.3		$	17.2

(3) 2016 pretax reclassifications are comprised of:
Net sales	$	—		$	10.6		$	—		$	10.6
Cost of goods sold; selling and administrative expenses	—			.5			4.5			5.0
Interest expense	—			4.2			—			4.2
Other income (expense), net	(1.7		)	—			—			(1.7		)
Total 2016 reclassifications, pretax	$	(1.7	)	$	15.3		$	4.5		$	18.1

Fair Value (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Items Measured At Fair Value On A Recurring Basis



	As of December 31, 2016
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Bank time deposits with original maturities of three months or less	$	—	$	145.8	$	—	$	145.8
Derivative assets (see Note R)	—		.8		—		.8
Diversified investments associated with the ESUP* (see Note K)	26.8		—		—		26.8
Total assets	$	26.8	$	146.6	$	—	$	173.4
Liabilities:
Derivative liabilities (see Note R)	$	—	$	4.1	$	—	$	4.1
Liabilities associated with the ESUP* (see Note K)	25.6		—		—		25.6
Total liabilities	$	25.6	$	4.1	$	—	$	29.7



	As of December 31, 2015
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Bank time deposits with original maturities of three months or less	$	—	$	176.0	$	—	$	176.0
Derivative assets (see Note R)	—		.6		—		.6
Diversified investments associated with the ESUP* (see Note K)	22.0		—		—		22.0
Total assets	$	22.0	$	176.6	$	—	$	198.6
Liabilities:
Derivative liabilities* (see Note R)	$	—	$	14.8	$	—	$	14.8
Liabilities associated with the ESUP* (see Note K)	22.2		—		—		22.2
Total liabilities	$	22.2	$	14.8	$	—	$	37.0

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2016

Business Combinations [Abstract]

Estimated Fair Values Of The Assets Acquired And Liabilities Assumed



	2016			2015			2014
Accounts receivable	$	5.3		$	3.7		$	7.9
Inventory	5.8			4.8			16.2
Property, plant and equipment	3.7			2.7			17.1
Goodwill (see Note D)	8.7			7.9			29.4
Other intangible assets (see Note D)	12.3			14.9			14.1
Other current and long-term assets	—			.1			4.0
Current liabilities	(4.2		)	(8.1		)	(6.0		)
Long-term liabilities	(.5		)	(3.3		)	(3.1		)
Fair value of net identifiable assets	31.1			22.7			79.6
Less: Additional consideration for prior years’ acquisitions	(.3		)	1.2			—
Less: Additional consideration payable	1.9			10.4			8.1
Less: Non-cash consideration	—			—			1.1
Net cash consideration	$	29.5		$	11.1		$	70.4

Businesses That Were Previously Not Wholly Owned

The following table summarizes acquisitions for the periods presented.



Year Ended	Number of Acquisitions	Segment	Product/Service
December 31, 2016	3	Residential Products; Specialized Products	Distributor of geosynthetic products; Innersprings; Fabricated aerospace tubing and pipe assemblies
December 31, 2015	1	Furniture Products	Upholstered office furniture
December 31, 2014	5	Residential Products; Furniture Products	Innersprings; Geotextile products; Fabric converting for furniture and bedding; Foam carpet underlay; Home furniture components

Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments At Fair Value



	Expiring at various dates through:	Total USD Equivalent Notional Amount		As of December 31, 2016
Derivatives Designated as Hedging Instruments				Assets		Liabilities
Derivatives Designated as Hedging Instruments				Other Current Assets		Other Current Liabilities
Cash flow hedges:
Currency hedges:
-Future USD sales of Canadian, Chinese and Swiss subsidiaries	Dec 2017	$	80.4	$	—	$	2.4
-Future USD purchases of European subsidiaries	Dec 2017	3.8		.1		—
-Future MXN purchases of a USD subsidiary	Dec 2017	5.8		—		.9
-Future JPY sales of Chinese subsidiary	Dec 2017	3.5		.3		—
-Future DKK sales of Polish subsidiary	Mar 2017	10.1		.1		—
-Future EUR Sales of Chinese, Swiss and UK subsidiaries	Dec 2017	6.4		—		.2
Total cash flow hedges				.5		3.5
Fair value hedges:
USD inter-company note receivable on a CAD subsidiary	Jan 2017	24.0		.2		.1
PLN inter-company note receivable on a GPB subsidiary	Jun 2017	2.3		.1		—
ZAR inter-company note receivable on a USD subsidiary	Dec 2017	2.3		—		.1
Total fair value hedges				.3		.2
Derivatives not designated as hedging instruments
Non-deliverable hedge on USD exposure to CNY	Dec 2017	19.0		—		.3
Hedge of EUR cash on USD Subsidiary	Jan 2017	5.9		—		.1
Total derivatives not designated as hedging instruments				—		.4
				$	.8	$	4.1



	Expiring at various dates through:	Total USD Equivalent Notional Amount		As of December 31, 2015
Derivatives Designated as Hedging Instruments				Assets		Liabilities
Derivatives Designated as Hedging Instruments				Other Current Assets		Other Current Liabilities		Other Long-Term Liabilities
Cash flow hedges:
Currency hedges:
-Future USD sales of Canadian, Chinese and Swiss subsidiaries	Dec 2017	$	219.8	$	—	$	10.1	$	2.3
-Future USD purchases of Canadian, European and Korean subsidiaries	Dec 2017	16.8		.3		—		—
-Future MXN purchases of USD subsidiary	Dec 2017	7.3		—		.7		.3
-Future JPY sales of Chinese subsidiary	Dec 2016	3.8		—		.1		—
-Future DKK sales of Polish subsidiary	Dec 2016	15.6		—		.1		—
-Future EUR Sales of Chinese, Swiss and UK subsidiaries	Mar 2017	13.6		—		.1		—
Total cash flow hedges				.3		11.1		2.6
Fair value hedges:
DKK inter-company note receivable on a USD subsidiary	May 2016	1.7		.1		—		—
USD inter-company note receivable on a CAD subsidiary	Jan 2016	9.0		—		.5		—
USD inter-company note receivable on a Swiss subsidiary	Aug 2016	8.0		—		.1		—
Total fair value hedges				.1		.6		—
Derivatives not designated as hedging instruments
Non-deliverable hedge on USD exposure to CNY	Dec 2016	11.0		—		.3		—
Non-deliverable hedge on EUR exposure to CNY	Dec 2016	2.2		—		.1		—
Non-deliverable hedge on JPY exposure to CNY	Dec 2016	2.5		—		.1		—
Hedge of DKK cash on USD Subsidiary	Apr 2016	3.0		.1		—		—
Hedge of EUR cash on UK Subsidiary	Jan 2016	8.3		.1		—		—
Total derivatives not designated as hedging instruments				.2		.5		—
				$	.6	$	12.2	$	2.6

Gains (Losses) Of Hedging Activities Recorded In Income



	Income Statement Caption	Amount of (Gain) Loss Recorded in Income for the Year Ended December 31
Derivatives Designated as Hedging Instruments	Income Statement Caption	2016			2015			2014
Interest rate cash flow hedges (1)	Interest expense	$	4.2		$	4.1		$	4.0
Currency cash flow hedges	Net sales *	10.8			3.2			2.1
Currency cash flow hedges	Cost of goods sold	1.1			(1.3		)	(.3		)
Currency cash flow hedges	Other (income) expense, net	.4			—			.4
Total cash flow hedges		16.5			6.0			6.2
Fair value hedges	Other (income) expense, net	(1.3		)	1.2			2.7
Derivatives Not Designated as Hedging Instruments
Hedge of USD cash-Swiss subsidiary	Other (income) expense, net	—			(.1		)	—
Non-deliverable hedge on USD exposure to CNY	Other (income) expense, net	.2			.2			—
Non-deliverable hedge on EUR exposure to CNY	Other (income) expense, net	—			.1			—
Non-deliverable hedge on JPY exposure to CNY	Other (income) expense, net	.1			.1			—
Hedge of GBP cash-USD subsidiary	Other (income) expense, net	.1			—			—
Hedge of EUR cash-Swiss (2015 only), UK and USD subsidiaries	Other (income) expense, net	(.5		)	2.3			—
Total derivative instruments		$	15.1		$	9.8		$	8.9

* Discontinued operations amounts included in the above:		$	—		$	—		$	.1

Contingencies (Tables)

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Accruals for Probable Losses



	Twelve Months Ended December 31,
	2016			2015			2014
Litigation contingency accrual - Beginning of period	$	8.1		$	83.9		$	3.7
Adjustment to accruals - expense (income) - Continuing operations	7.1			5.7			56.8
Adjustment to accruals - expense (income) - Discontinued operations	2.0			.7			35.4
Cash payments	(14.0		)	(82.2		)	(12.0		)
Litigation contingency accrual - End of period	$	3.2		$	8.1		$	83.9

Tabular disclosure of the loss contingencies that were reported in the period or disclosed as of the balance sheet date.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14472-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12021-110248

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14453-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12053-110248

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14394-108349

Reference 6: 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=25496072&loc=d3e14435-108349

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 9
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14615-108349

Quarterly Financial Information Disclosure [Abstract]

Quarterly Summary Of Earnings (Tables)

12 Months Ended

Dec. 31, 2016

Schedule Of Quarterly Summary Of Earnings



Year ended December 31	First³			Second^1,4			Third			Fourth^2,5			Total
2016
Net sales	$	938.4		$	958.9		$	948.9		$	903.7		$	3,749.9
Gross profit	233.6			234.0			227.4			204.2			899.2
Earnings from continuing operations before income taxes	118.7			137.2			121.2			110.0			487.1
Earnings from continuing operations	$	91.0		$	99.5		$	93.6		$	83.0		$	367.1
Earnings (loss) from discontinued operations, net of tax	.1			20.3			—			(1.3		)	19.1
Net earnings	91.1			119.8			93.6			81.7			386.2
(Earnings) attributable to noncontrolling interest, net of tax	(1.6		)	1.4			(.1		)	(.1		)	(.4		)
Net earnings attributable to Leggett & Platt, Inc. common shareholders	$	89.5		$	121.2		$	93.5		$	81.6		$	385.8
Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders
Basic	$	.64		$	.73		$	.68		$	.61		$	2.66
Diluted	$	.63		$	.72		$	.67		$	.60		$	2.62
Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders
Basic	$	—		$	.15		$	—		$	(.01	)	$	.14
Diluted	$	—		$	.15		$	—		$	(.01	)	$	.14
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders
Basic	$	.64		$	.88		$	.68		$	.60		$	2.80
Diluted	$	.63		$	.87		$	.67		$	.59		$	2.76
2015
Net sales	$	966.2		$	997.3		$	1,009.1		$	944.6		$	3,917.2
Gross profit	217.8			230.7			241.1			233.6			923.2
Earnings from continuing operations before income taxes	102.0			109.0			132.3			106.5			449.8
Earnings from continuing operations	$	73.3		$	76.7		$	96.2		$	81.8		$	328.0
Earnings (loss) from discontinued operations, net of tax	(.5		)	1.8			(.1		)	—			1.2
Net earnings (loss)	72.8			78.5			96.1			81.8			329.2
(Earnings) attributable to noncontrolling interest, net of tax	(1.1		)	(.8		)	(.9		)	(1.3		)	(4.1		)
Net earnings (loss) attributable to Leggett & Platt, Inc. common shareholders	$	71.7		$	77.7		$	95.2		$	80.5		$	325.1
Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders
Basic	$	.51		$	.54		$	.68		$	.57		$	2.30
Diluted	$	.50		$	.53		$	.67		$	.57		$	2.27
Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders
Basic	$	—		$	.01		$	—		$	—		$	.01
Diluted	$	—		$	.01		$	—		$	—		$	.01
Net earnings per share attributable to Leggett & Platt, Inc. common shareholders
Basic	$	.51		$	.55		$	.68		$	.57		$	2.31
Diluted	$	.50		$	.54		$	.67		$	.57		$	2.28

All below amounts are shown pretax.


1.	Second quarter 2016 Earnings from continuing operations include a gain of $7 associated with litigation accruals (Note S); $11 gain associated with the sale of a business; and a $4 charge from CVP impairment (Note C)


2.	Fourth quarter 2016 Earnings from continuing operations include $16 associated with the gain on sale of a business


3.	First quarter 2015 Earnings from continuing operations include impairment charges of $6 from our steel tubing operation. (Note C)


4.	Second quarter 2015 Earnings from continuing operations include charges of $2 associated with litigation accruals. Discontinued operations includes $1 in litigation accruals (Note S)


5.	Fourth quarter 2015 Earnings from continuing operations include a $12 charge associated with a lump sum pension buyout and $4 in charges associated with litigation accruals (Note L and Note S)

Summary Of Significant Accounting Policies (Narrative) (Details)	12 Months Ended
	Dec. 31, 2016 USD ($)
Accounting Policies [Abstract]
Additional tax benefit	$ 18.2
Percentage of LIFO Inventory	50.00%

Summary Of Significant Accounting Policies Summary of Significant Accounting Policies (Activity in the LIFO Reserve) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016
LIFO Reserve [Roll Forward]
Balance, beginning of year	$ 22.6	$ 73.0
LIFO expense (benefit)	10.5	(46.4)
Allocated to divested businesses	0.7	(4.0)
Balance, end of year	$ 22.6	$ 73.0	$ 33.8

Summary Of Significant Accounting Policies (Schedule Of Property, Plant And Equipment) (Details)	12 Months Ended
	Dec. 31, 2016
Machinery and equipment
Property, Plant and Equipment [Line Items]
Weighted Average Life	10 years
Buildings
Property, Plant and Equipment [Line Items]
Weighted Average Life	28 years
Other items
Property, Plant and Equipment [Line Items]
Weighted Average Life	8 years
Minimum \| Machinery and equipment
Property, Plant and Equipment [Line Items]
Useful Life Range	3 years
Minimum \| Buildings
Property, Plant and Equipment [Line Items]
Useful Life Range	10 years
Minimum \| Other items
Property, Plant and Equipment [Line Items]
Useful Life Range	3 years
Maximum \| Machinery and equipment
Property, Plant and Equipment [Line Items]
Useful Life Range	20 years
Maximum \| Buildings
Property, Plant and Equipment [Line Items]
Useful Life Range	40 years
Maximum \| Other items
Property, Plant and Equipment [Line Items]
Useful Life Range	15 years

Summary Of Significant Accounting Policies (Summary Of Other Intangible Assets) (Details) - Other intangible assets	12 Months Ended
	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life	15 years
Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life Range	1 year
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life Range	40 years

Discontinued Operations (Results From Discontinued Operations And Activity Directly Related To Divestitures) (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

13 Months Ended

Jun. 30, 2016

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Jan. 31, 2015

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Loss before interest and income taxes

$ 30.1

$ 1.9

$ (156.3)

Income tax benefit (expense)

^[1]

(11.0)

(0.7)

32.3

Litigation settlement amount

3.7

^[2]

4.1

0.0

Assets held for sale

11.0

8.4

38.0

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

0.0

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

0.0

4.1

^[3]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Subsequent activity related to other divestitures completed prior to 2011

3.7

0.0

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Subsequent activity related to other divestitures completed prior to 2011

^[4]

(35.4)

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Furniture Products - Store Fixtures | Furniture Products

^[4]

29.4

(1.5)

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Consideration received

$ 72.0

Disposal Group, Including Discontinued Operation, Revenue

0.0

19.4

167.4

^[5]

0.7

3.4

(120.9)

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

0.0

Prime Foam Products Unit

25.0

Prime Foam Products Unit | Subsequent activity related to other divestitures completed prior to 2011

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Litigations settlement expense

2.0

0.7

35.3

Litigation settlement amount

31.4

20.0

Disposal Group, Divested, Not Discontinued Operations

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

56.4

198.8

216.4

Disposal Group, Divested, Not Discontinued Operations | Machinery group | Machinery Operation | Residential Products

^[5]

4.3

6.6

3.6

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

3.1

3.7

4.7

Disposal Group, Divested, Not Discontinued Operations | Wire Products Operation

^[5]

(0.3)

0.1

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal group, not discontinued operation, gain (loss) on disposal

21.2

Disposal Group, Divested, Not Discontinued Operations | Wire Products Operation | Wire Products Operation Fourth Quarter 2016 [Member] | Industrial Products

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

18.5

20.3

18.6

Disposal Group, Divested, Not Discontinued Operations | Wire Products Operation | Wire Products Operation Second Quarter 2016 [Member] | Industrial Products

^[5]

0.5

2.3

2.4

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

19.5

49.1

54.9

Disposal Group, Divested, Not Discontinued Operations | Steel Tubing Business | Industrial Products

^[5]

1.3

0.7

0.4

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Divested, Not Discontinued Operations | Steel Tubing Business | Steel Tubing Business | Industrial Products

^[5]

0.0

0.2

(1.8)

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

0.0

88.9

94.3

Disposal Group, Divested, Not Discontinued Operations | CVP Operation | CVP Businesses | Specialized Products:

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

15.3

27.5

26.6

Disposal Group, Divested, Not Discontinued Operations | CVP Operation | Wire Products Operation Second Quarter 2016 [Member]

^[5]

2.8

3.9

4.0

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal group, not discontinued operation, gain (loss) on disposal

$ 11.2

Disposal Group, Divested, Not Discontinued Operations | Small Operation Within CVP Business | CVP Businesses | Specialized Products:

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Group, Including Discontinued Operation, Revenue

0.0

9.3

17.3

Impaired Long-Lived Assets Held and Used [Line Items]

^[5]

$ 0.0

$ (0.6)

$ (1.5)

[1]	The 2016 tax expense is primarily related to The Dow Chemical settlement. The 2014 tax benefit is primarily related to the Store Fixtures goodwill impairment and the Prime Foam litigation.
[2]	We recorded a goodwill impairment charge related to the Commercial Vehicle Products unit as outlined in Note C.
[3]	We recorded a goodwill impairment charge related to the Steel Tubing unit as outlined in Note C.
[4]	In 2016, we reached a litigation settlement of our antitrust claims against The Dow Chemical Company by agreeing to release our claims regarding this matter for a net cash payment of approximately $38.0 (pretax, after deducting expenses). Of this amount, $31.4 was associated with our former Prime Foam Products unit (previously part of the Residential Products Segment), which we sold in March 2007. The after-tax income associated with the settlement was approximately $25, of which approximately $20 is reflected in discontinued operations. This matter is now fully resolved. In an unrelated matter, accruals of $2.0, $.7 and $35.3 in 2016, 2015 and 2014, respectively were recorded in discontinued operations for antitrust litigation expense associated with the Prime Foam Products unit as discussed in Note S.
[5]	This includes goodwill impairment charges of $108.0 in 2014 as discussed in Note C.

Impairment Charges (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Line Items]
Goodwill impairment			$ 4.1	$ 3.7	$ 4.1	$ 108.0
Total Impairments	$ 4.0			$ 4.1	$ 6.5	$ 109.3
Goodwill impairment, Fair Value Greater Than Carrying Value, Percentage					55.00%
CVP unit
Goodwill [Line Items]
Goodwill impairment	$ 3.7
Furniture Products - Store Fixtures \| Store Fixtures
Goodwill [Line Items]
Goodwill impairment		$ 108.0

Impairment Charges (Summary Of Impairment Charges On Continued And Discontinued Operations) (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Jun. 30, 2016

Sep. 30, 2015

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ 3.7

^[1]

$ 4.1

$ 0.0

$ 4.0

4.1

6.5

109.3

Long-lived asset impairments

$ 4.1

3.7

4.1

108.0

0.4

2.4

1.3

CVP unit

Impaired Long-Lived Assets Held and Used [Line Items]

Impaired Long-Lived Assets Held and Used [Line Items]

$ 3.7

Continuing Operations

3.7

4.1

0.0

0.4

2.2

1.3

Impaired Long-Lived Assets Held and Used [Line Items]

4.1

6.3

1.3

Discontinued Operations

0.0

108.0

0.0

0.2

0.0

0.0

0.2

108.0

Impaired Long-Lived Assets Held and Used [Line Items]

Residential Products | Continuing Operations | Residential Products

0.0

Impaired Long-Lived Assets Held and Used [Line Items]

0.0

0.4

0.7

1.2

0.4

0.7

1.2

Impaired Long-Lived Assets Held and Used [Line Items]

Industrial Products | Continuing Operations | Industrial Products - Steel Tubing

0.0

4.1

^[2]

Impaired Long-Lived Assets Held and Used [Line Items]

0.0

4.1

0.0

0.0

1.4

0.0

0.0

5.5

0.0

Impaired Long-Lived Assets Held and Used [Line Items]

Specialized Products: | Continuing Operations

3.7

0.0

Impaired Long-Lived Assets Held and Used [Line Items]

Specialized Products: | Continuing Operations | CVP unit

$ 6.0

Impaired Long-Lived Assets Held and Used [Line Items]

3.7

0.0

0.0

0.1

0.0

Other | Continuing Operations | Other Group

3.7

0.1

0.0

Impaired Long-Lived Assets Held and Used [Line Items]

0.0

0.0

0.1

Other | Discontinued Operations | Other Group

0.0

0.1

Impaired Long-Lived Assets Held and Used [Line Items]

0.0

0.0

0.2

0.0

0.0

0.2

0.0

Impaired Long-Lived Assets Held and Used [Line Items]

Furniture Products | Discontinued Operations | Furniture Products - Store Fixtures

0.0

Impaired Long-Lived Assets Held and Used [Line Items]

0.0

108.0

0.0

$ 0.0

$ 108.0

[1]	We recorded a goodwill impairment charge related to the Commercial Vehicle Products unit as outlined in Note C.
[2]	We recorded a goodwill impairment charge related to the Steel Tubing unit as outlined in Note C.

Impairment Charges (Components Of Fair Values In Relation To Their Respective Carrying Values) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill (see Note D)	$ 791.3	$ 806.1	$ 829.4
Specialized Products:
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill (see Note D)	$ 178.7	188.2	$ 201.4
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill (see Note D)		$ 806.1
10-year Compound Annual Growth Rate Range for Sales	0.50%
Discount Rate Ranges	8.00%
Terminal values long-term growth rate for debt fee cash flow		3.00%
Minimum \| Less Than Twenty-Five Percent [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
10-year Compound Annual Growth Rate Range for Sales	0.00%
Discount Rate Ranges	0.00%
Minimum \| Twenty-Five to Forty-Nine Percent [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of Fair Value in Excess of Carrying Value	25.00%
10-year Compound Annual Growth Rate Range for Sales	0.00%
Discount Rate Ranges	0.00%
Minimum \| Seventy-Five Percent Plus [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of Fair Value in Excess of Carrying Value	75.00%
Goodwill (see Note D)		$ 217.4
10-year Compound Annual Growth Rate Range for Sales	3.10%
Discount Rate Ranges	8.00%
Terminal values long-term growth rate for debt fee cash flow		3.00%
Minimum \| Fifty to Seventy-Four Percent [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of Fair Value in Excess of Carrying Value	50.00%
Goodwill (see Note D)		$ 588.7
10-year Compound Annual Growth Rate Range for Sales	0.60%
Discount Rate Ranges	8.00%
Terminal values long-term growth rate for debt fee cash flow		3.00%
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
10-year Compound Annual Growth Rate Range for Sales	8.20%
Discount Rate Ranges	12.50%
Maximum \| Less Than Twenty-Five Percent [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of Fair Value in Excess of Carrying Value	25.00%
10-year Compound Annual Growth Rate Range for Sales	0.00%
Discount Rate Ranges	0.00%
Maximum \| Twenty-Five to Forty-Nine Percent [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of Fair Value in Excess of Carrying Value	49.00%
10-year Compound Annual Growth Rate Range for Sales	0.00%
Discount Rate Ranges	0.00%
Maximum \| Seventy-Five Percent Plus [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
10-year Compound Annual Growth Rate Range for Sales	10.90%
Discount Rate Ranges	9.00%
Maximum \| Fifty to Seventy-Four Percent [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Percentage of Fair Value in Excess of Carrying Value	74.00%
10-year Compound Annual Growth Rate Range for Sales	7.00%
Discount Rate Ranges	12.50%

Goodwill And Other Intangible Assets (Changes In The Carrying Amounts Of Goodwill) (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ 806.1

$ 829.4

8.7

7.9

0.1

1.1

(13.2)

(0.4)

(3.7)

^[1]

(4.1)

$ 0.0

(6.7)

(27.8)

1,112.7

(321.4)

791.3

806.1

829.4

351.2

359.8

4.9

0.0

0.0

1.1

(0.1)

0.0

0.0

(3.2)

(9.7)

352.8

0.0

352.8

351.2

359.8

76.7

81.0

0.0

0.0

(4.3)

0.0

0.0

(4.1)

^[2]

(0.5)

(0.2)

76.0

(4.1)

71.9

76.7

81.0

190.0

187.2

0.0

7.9

0.1

0.0

0.0

0.0

(2.2)

(5.1)

438.5

(250.6)

187.9

190.0

187.2

Specialized Products

188.2

201.4

3.8

0.0

0.0

(8.8)

(0.4)

(3.7)

0.0

(0.8)

(12.8)

245.4

(66.7)

$ 178.7

$ 188.2

$ 201.4

[1]	We recorded a goodwill impairment charge related to the Commercial Vehicle Products unit as outlined in Note C.
[2]	We recorded a goodwill impairment charge related to the Steel Tubing unit as outlined in Note C.

Goodwill And Other Intangible Assets (Intangible Assets Purchased) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 301.9	$ 328.2
Accumulated amortization	137.0	139.8
Net intangibles as of end of period	164.9	188.4
Acquired during period:
Acquired related to business acquisitions	12.3	14.9
Acquired outside business acquisitions	5.4	2.9
Total acquired in period	$ 17.7	17.8
Weighted average amortization period in years for items acquired in period	9 years 18 days
Debt Issue Costs
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 3.1	2.2
Accumulated amortization	1.6	1.3
Net intangibles as of end of period	1.5	0.9
Acquired during period:
Acquired related to business acquisitions	0.0	0.0
Acquired outside business acquisitions	0.9	0.0
Total acquired in period	$ 0.9	0.0
Weighted average amortization period in years for items acquired in period	5 years 18 days
Patents and Trademarks
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 58.0	60.4
Accumulated amortization	30.8	31.4
Net intangibles as of end of period	27.2	29.0
Acquired during period:
Acquired related to business acquisitions	1.9	4.6
Acquired outside business acquisitions	2.4	1.8
Total acquired in period	$ 4.3	6.4
Weighted average amortization period in years for items acquired in period	9 years 7 months 18 days
Non-compete Agreements
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 13.9	11.5
Accumulated amortization	4.4	2.8
Net intangibles as of end of period	9.5	8.7
Acquired during period:
Acquired related to business acquisitions	2.8	5.1
Acquired outside business acquisitions	0.0	0.0
Total acquired in period	$ 2.8	5.1
Weighted average amortization period in years for items acquired in period	5 years 2 months 18 days
Customer- Related Intangibles
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 200.9	224.4
Accumulated amortization	87.9	90.9
Net intangibles as of end of period	113.0	133.5
Acquired during period:
Acquired related to business acquisitions	7.6	5.2
Acquired outside business acquisitions	0.0	0.0
Total acquired in period	$ 7.6	5.2
Weighted average amortization period in years for items acquired in period	12 years 18 days
Supply Agreements and Other
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 26.0	29.7
Accumulated amortization	12.3	13.4
Net intangibles as of end of period	13.7	16.3
Acquired during period:
Acquired related to business acquisitions	0.0	0.0
Acquired outside business acquisitions	2.1	1.1
Total acquired in period	$ 2.1	$ 1.1
Weighted average amortization period in years for items acquired in period	3 years 5 months 18 days
Other Intangibles
Acquired during period:
Weighted average amortization period in years for items acquired in period		10 years 5 months 18 days
Other Intangibles \| Debt Issue Costs
Acquired during period:
Weighted average amortization period in years for items acquired in period		18 days
Other Intangibles \| Patents and Trademarks
Acquired during period:
Weighted average amortization period in years for items acquired in period		5 years 2 months 18 days
Other Intangibles \| Non-compete Agreements
Acquired during period:
Weighted average amortization period in years for items acquired in period		10 years 18 days
Other Intangibles \| Customer- Related Intangibles
Acquired during period:
Weighted average amortization period in years for items acquired in period		19 years 18 days
Other Intangibles \| Supply Agreements and Other
Acquired during period:
Weighted average amortization period in years for items acquired in period		3 years 10 months 18 days

Goodwill And Other Intangible Assets (Estimated Amortization Expense) (Details) $ in Millions	Dec. 31, 2016 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2014	$ 22
2015	20
2016	19
2017	17
2018	$ 12

Segment Information (Segment Results From Continuing Operations) (Details)
$ in Millions

1 Months Ended

3 Months Ended

12 Months Ended

Oct. 31, 2015

USD ($)

Dec. 31, 2016

USD ($)

^[1],[2]

Sep. 30, 2016

USD ($)

^[3],[4]

Jun. 30, 2016

USD ($)

^[4],[5]

Mar. 31, 2016

USD ($)

^[6]

Dec. 31, 2015

USD ($)

^[1],[2]

Sep. 30, 2015

USD ($)

^[3],[4]

Jun. 30, 2015

USD ($)

^[4],[5]

Mar. 31, 2015

USD ($)

^[6]

Dec. 31, 2016

USD ($)

Segment

Dec. 31, 2015

USD ($)

Dec. 31, 2014

USD ($)

Number of Operating Segments | Segment

$ 903.7

$ 948.9

$ 958.9

$ 938.4

$ 944.6

$ 1,009.1

$ 997.3

$ 966.2

$ 3,749.9

$ 3,917.2

$ 3,782.3

4,126.0

4,383.6

4,178.3

Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net

4,126.0

4,383.6

4,178.3

522.0

486.5

331.5

Defined benefit plan, recognized net loss due to settlements

$ 12.1

0.0

12.1

0.0

1,571.4

1,666.1

1,574.2

1,588.6

1,688.0

1,595.4

Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net

1,588.6

1,688.0

1,595.4

167.5

154.7

88.4

289.4

427.6

492.0

582.5

776.6

813.3

Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net

582.5

776.6

813.3

65.3

76.8

44.0

989.3

982.7

903.3

1,048.6

1,071.8

952.6

Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net

1,048.6

1,071.8

952.6

106.6

118.1

82.0

899.8

840.8

812.8

906.3

847.2

817.0

Income (Loss) from Continuing Operations before Interest Expense, Interest Income, Income Taxes, Noncontrolling Interests, Net

906.3

847.2

817.0

181.4

150.2

119.5

Intersegment Eliminations [Member]

Intersegment eliminations and other (1)

376.1

466.4

396.0

(1.2)

13.3

2.4

Intersegment Eliminations [Member] | Residential Products

Intersegment Eliminations [Member] | Industrial Products

17.2

21.9

21.2

Intersegment Eliminations [Member] | Furniture Products

293.1

349.0

321.3

Intersegment Eliminations [Member] | Specialized Products:

59.3

89.1

49.3

6.5

$ 6.4

$ 4.2

Cost of goods sold

Defined benefit plan, recognized net loss due to settlements

$ 12.1

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[2]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QkRGODJFQzJFOTlBNUI4QjkzNDRGRjIzMkIzQTEzMzAM}
[3]	Fourth quarter 2015 Earnings from continuing operations include a $12 charge associated with a lump sum pension buyout and $4 in charges associated with litigation accruals (Note L and Note S)
[4]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QzVDRjVFQTMwMzM4NTY5REE0RDRDN0ZGOUEzM0Y1NEUM}
[5]	Fourth quarter 2016 Earnings from continuing operations include $16 associated with the gain on sale of a business
[6]	Second quarter 2016 Earnings from continuing operations include a gain of $7 associated with litigation accruals (Note S); $11 gain associated with the sale of a business; and a $4 charge from CVP impairment (Note C)

Segment Information (Average Assets For Segments) (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ 2,984.1

$ 2,963.7

$ 3,135.9

124.0

103.2

94.1

24.9

25.6

60.8

115.4

113.2

117.9

527.2

548.2

518.7

32.4

36.1

42.1

11.2

0.2

47.3

42.9

42.5

42.7

219.4

212.0

195.5

16.6

13.9

10.2

0.0

25.4

13.5

14.4

13.7

147.4

186.7

202.6

10.1

12.5

13.6

0.0

11.8

14.2

14.0

248.7

230.1

229.6

42.2

31.1

25.2

13.7

0.0

Average current liabilities included in segment numbers above

29.7

28.2

28.6

495.9

516.6

520.8

0.0

0.0

0.0

Other

^[1]

0.2

6.3

68.0

^[1]

0.0

1.4

^[1]

0.0

^[1]

0.0

0.1

2.9

Unallocated assets

^[2]

1,378.3

1,387.0

1,465.7

^[2]

22.7

9.6

1.6

^[2]

0.0

Difference between average assets and year-end balance sheet

^[2]

16.6

14.5

16.0

(33.0)

(123.2)

(65.0)

0.0

0.0

$ 0.0

[1]	Businesses sold or classified as discontinued operations during the years presented.
[2]	Unallocated assets consist primarily of goodwill, other intangibles, cash and deferred tax assets. Unallocated depreciation and amortization consists primarily of depreciation of non-operating assets and amortization of debt issue costs.

Segment Information (Revenues From External Customers) (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1],[2]

Sep. 30, 2016

^[3],[4]

Jun. 30, 2016

^[4],[5]

Mar. 31, 2016

^[6]

Dec. 31, 2015

^[1],[2]

Sep. 30, 2015

^[3],[4]

Jun. 30, 2015

^[4],[5]

Mar. 31, 2015

^[6]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ 903.7

$ 948.9

$ 958.9

$ 938.4

$ 944.6

$ 1,009.1

$ 997.3

$ 966.2

$ 3,749.9

$ 3,917.2

$ 3,782.3

1,571.4

1,666.1

1,574.2

289.4

427.6

492.0

989.3

982.7

903.3

Bedding group | Residential Products

899.8

840.8

812.8

Fabric & Carpet Cushion group | Residential Products

831.8

918.3

833.4

Machinery group | Residential Products

666.8

675.0

672.3

Wire group (1) | Industrial Products

72.8

68.5

Steel Tubing group (1) | Industrial Products

289.4

338.6

397.6

Home Furniture group | Furniture Products

0.0

89.0

94.4

Consumer Products group | Furniture Products

413.3

442.9

431.7

Work Furniture group | Furniture Products

327.2

305.6

277.3

Automotive group | Specialized Products:

248.8

234.2

194.3

Aerospace Products Group | Specialized Products:

695.0

621.9

589.4

Commercial Vehicle Products group (1) | Specialized Products:

129.7

123.2

123.9

Revenues from External Customers and Long-Lived Assets [Line Items]

$ 75.1

$ 95.7

$ 99.5

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[2]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QkRGODJFQzJFOTlBNUI4QjkzNDRGRjIzMkIzQTEzMzAM}
[3]	Fourth quarter 2015 Earnings from continuing operations include a $12 charge associated with a lump sum pension buyout and $4 in charges associated with litigation accruals (Note L and Note S)
[4]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QzVDRjVFQTMwMzM4NTY5REE0RDRDN0ZGOUEzM0Y1NEUM}
[5]	Fourth quarter 2016 Earnings from continuing operations include $16 associated with the gain on sale of a business
[6]	Second quarter 2016 Earnings from continuing operations include a gain of $7 associated with litigation accruals (Note S); $11 gain associated with the sale of a business; and a $4 charge from CVP impairment (Note C)

Segment Information (Schedule Of Revenue From External Sales And Long-Lived Assets, By Geographical Areas) (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

^[3],[4]

Jun. 30, 2016

^[4],[5]

Mar. 31, 2016

^[6]

Dec. 31, 2015

Sep. 30, 2015

^[3],[4]

Jun. 30, 2015

^[4],[5]

Mar. 31, 2015

^[6]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

$ 903.7

^[1],[2]

$ 948.9

$ 958.9

$ 938.4

$ 944.6

^[1],[2]

$ 1,009.1

$ 997.3

$ 966.2

$ 3,749.9

$ 3,917.2

$ 3,782.3

Revenues from External Customers and Long-Lived Assets [Line Items]

565.5

540.8

565.5

540.8

548.8

United States

2,467.4

2,703.7

2,599.0

Revenues from External Customers and Long-Lived Assets [Line Items]

342.8

336.8

342.8

336.8

331.8

Europe

445.2

426.8

422.7

Revenues from External Customers and Long-Lived Assets [Line Items]

128.6

123.6

128.6

123.6

129.6

China

420.0

392.0

390.0

Revenues from External Customers and Long-Lived Assets [Line Items]

45.5

41.8

45.5

41.8

40.5

Canada

215.1

203.1

206.5

Revenues from External Customers and Long-Lived Assets [Line Items]

29.6

23.0

29.6

23.0

25.6

Mexico

132.8

117.3

90.1

Revenues from External Customers and Long-Lived Assets [Line Items]

6.3

7.6

6.3

7.6

9.8

Other

69.4

74.3

74.0

Earnings from continuing operations

$ 12.7

$ 8.0

$ 12.7

$ 8.0

$ 11.5

[1]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246M0Q0RTJCNTUxNEI2NTJCQkFCRjlDODUxRjdFQjg4QTcM}
[2]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QkRGODJFQzJFOTlBNUI4QjkzNDRGRjIzMkIzQTEzMzAM}
[3]	Fourth quarter 2015 Earnings from continuing operations include a $12 charge associated with a lump sum pension buyout and $4 in charges associated with litigation accruals (Note L and Note S)
[4]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QzVDRjVFQTMwMzM4NTY5REE0RDRDN0ZGOUEzM0Y1NEUM}
[5]	Fourth quarter 2016 Earnings from continuing operations include $16 associated with the gain on sale of a business
[6]	Second quarter 2016 Earnings from continuing operations include a gain of $7 associated with litigation accruals (Note S); $11 gain associated with the sale of a business; and a $4 charge from CVP impairment (Note C)

Earnings Per Share (Calculation Of Basic And Diluted Earnings Per Share) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1],[2]

Sep. 30, 2016

^[3],[4]

Jun. 30, 2016

^[4],[5]

Mar. 31, 2016

^[6]

Dec. 31, 2015

^[1],[2]

Sep. 30, 2015

^[3],[4]

Jun. 30, 2015

^[4],[5]

Mar. 31, 2015

^[6]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Earnings:

$ 83.0

$ 93.6

$ 99.5

$ 91.0

$ 81.8

$ 96.2

$ 76.7

$ 73.3

$ 367.1

$ 328.0

$ 225.2

(Earnings) attributable to noncontrolling interest, net of tax

(0.1)

1.4

(1.6)

(1.3)

(0.9)

(0.8)

(1.1)

(0.4)

(4.1)

(3.2)

Net earnings from continuing operations attributable to Leggett & Platt common shareholders

366.7

323.9

222.0

Earnings (loss) from discontinued operations, net of tax

(1.3)

0.0

20.3

0.1

0.0

(0.1)

1.8

(0.5)

19.1

1.2

(124.0)

Net earnings attributable to Leggett & Platt, Inc. common shareholders

$ 81.6

$ 93.5

$ 121.2

$ 89.5

$ 80.5

$ 95.2

$ 77.7

$ 71.7

$ 385.8

$ 325.1

$ 98.0

Weighted average number of shares (in millions):

Weighted average number of common shares used in basic EPS

137.9

140.9

141.4

Dilutive effect of equity-based compensation

2.1

2.0

1.8

Weighted average number of common shares and dilutive potential common shares used in diluted EPS

140.0

142.9

143.2

Basic EPS attributable to Leggett & Platt common shareholders

Continuing operations (in dollars per share)

$ 0.61

$ 0.68

$ 0.73

$ 0.64

$ 0.57

$ 0.68

$ 0.54

$ 0.51

$ 2.66

$ 2.30

$ 1.57

Discontinued operations (in dollars per share)

(0.01)

0.00

0.15

0.00

0.01

0.00

0.14

0.01

(0.88)

Diluted EPS attributable to Leggett & Platt common shareholders

0.60

0.68

0.88

0.64

0.57

0.68

0.55

0.51

2.80

2.31

0.69

Continuing operations (in dollars per share)

0.60

0.67

0.72

0.63

0.57

0.67

0.53

0.50

2.62

2.27

1.55

Discontinued operations (in dollars per share)

(0.01)

0.00

0.15

0.00

0.01

0.00

0.14

0.01

(0.87)

Anti-dilutive shares excluded from diluted EPS computation

$ 0.59

$ 0.67

$ 0.87

$ 0.63

$ 0.57

$ 0.67

$ 0.54

$ 0.50

$ 2.76

$ 2.28

$ 0.68

Other information:

0.0

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[2]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QkRGODJFQzJFOTlBNUI4QjkzNDRGRjIzMkIzQTEzMzAM}
[3]	Fourth quarter 2015 Earnings from continuing operations include a $12 charge associated with a lump sum pension buyout and $4 in charges associated with litigation accruals (Note L and Note S)
[4]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QzVDRjVFQTMwMzM4NTY5REE0RDRDN0ZGOUEzM0Y1NEUM}
[5]	Fourth quarter 2016 Earnings from continuing operations include $16 associated with the gain on sale of a business
[6]	Second quarter 2016 Earnings from continuing operations include a gain of $7 associated with litigation accruals (Note S); $11 gain associated with the sale of a business; and a $4 charge from CVP impairment (Note C)

Accounts and Other Receivables (Components Of Accounts And Other Receivables) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Receivable, Gross, Current [Abstract]
Trade accounts receivable, Current	$ 456.5	$ 457.5
Trade notes receivable, Current	1.5	0.5
Total trade receivables, Current	458.0	458.0
Other, Current	0.0	0.0
Income tax receivables, Current	9.1	32.6
Other receivables, Current	26.7	38.9
Subtotal other receivables, Current	35.8	71.5
Total trade and other receivables, Current	493.8	529.5
Allowance for Doubtfull Accounts, Current [Abstract]
Allowance for doubtful accounts, Trade accounts receivable, Current	(7.1)	(9.2)
Allowance for doubtful accounts, Trade note receivable, Current	(0.1)	(0.1)
Allowance for doubtful accounts, Total trade receivable, Current	(7.2)	(9.3)
Other notes receivable, Current	0.0	0.0
Total allowance for doubtful accounts, Current	(7.2)	(9.3)
Total receivables, net	486.6	520.2
Receivables, Gross, Noncurrent [Abstract]
Trade accounts receivable, Long-term	0.0	0.0
Trade note receivable, Long-term	0.7	0.6
Total trade receivable, Long-term	0.7	0.6
Other, Long-term	24.6	0.4
Income tax receivables, Long-term	0.0	0.0
Other receivables, Long-term	0.0	0.0
Subtotal other receivables, Long-term	24.6	0.4
Total trade and other receivables, Long-term	25.3	1.0
Allowance for Doubtful Accounts, Noncurrent [Abstract]
Allowance for doubtful accounts, Trade accounts receivable, Long-term	0.0	0.0
Allowance for doubtful accounts, Trade notes receivable, Long-term	(0.2)	(0.2)
Total trade receivable, Long-term	(0.2)	(0.2)
Other notes receivable, Long-term	0.0	(0.4)
Total allowance for doubtful accounts, Long-term	(0.2)	(0.6)
Total net receivables, Long-term	$ 25.1	$ 0.4

Accounts and Other Receivables (Allowance For Doubtful Accounts) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Allowance for Doubtful Accounts Receivable [Roll Forward]
Beginning Balance	$ 9.9	$ 17.2
Charges	(1.6)	(2.6)	$ (4.9)
Charge-offs, net of recoveries	4.1	9.9
Ending Balance	7.4	9.9	17.2
Total trade receivables
Allowance for Doubtful Accounts Receivable [Roll Forward]
Beginning Balance	9.5	16.8
Charges	(1.6)	(2.6)
Charge-offs, net of recoveries	3.7	9.9
Ending Balance	7.4	9.5	16.8
Trade accounts receivable
Allowance for Doubtful Accounts Receivable [Roll Forward]
Beginning Balance	9.2	14.7
Charges	(1.8)	(2.3)
Charge-offs, net of recoveries	3.9	7.8
Ending Balance	7.1	9.2	14.7
Trade notes receivable
Allowance for Doubtful Accounts Receivable [Roll Forward]
Beginning Balance	0.3	2.1
Charges	0.2	(0.3)
Charge-offs, net of recoveries	(0.2)	2.1
Ending Balance	0.3	0.3	2.1
Other notes receivable
Allowance for Doubtful Accounts Receivable [Roll Forward]
Beginning Balance	0.4	0.4
Charges	0.0	0.0
Charge-offs, net of recoveries	0.4	0.0
Ending Balance	$ 0.0	$ 0.4	$ 0.4

Supplemental Balance Sheet Information (Schedule Of Supplemental Balance Sheet Information) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Sundry assets
Deferred taxes (see Note M)	$ 23.9	$ 33.3
Assets held for sale	11.0	8.4
Diversified investments associated with stock-based compensation plans (see Note K)	25.0	20.5
Notes receivable (see Note H)	7.1	7.1
Pension plan assets (see Note L)	1.1	1.3	$ 0.0
Brazilian VAT deposits	12.5	10.3
Net long-term notes receivable	25.1	0.4
Other	31.8	35.9
Sundry assets	137.5	117.2
Accrued expenses
Commitments and Contingencies	3.2	8.1
Wages and commissions payable	76.8	75.1
Workers’ compensation, auto and product liability, medical and disability	48.7	53.9
Sales promotions	35.2	35.1
Liabilities associated with stock-based compensation plans (see Note L)	19.0	29.8
Accrued interest	8.8	8.6
General taxes, excluding income taxes	16.0	16.6
Environmental reserves	3.5	4.2
Other	46.5	55.3
Accrued expenses	257.7	286.7
Other current liabilities
Dividends payable	45.4	43.5
Customer deposits	14.4	12.6
Outstanding checks in excess of book balances	17.8	20.7
Derivative financial instruments (see Note S)	5.2	7.3
Liabilities associated with stock-based compensation plans (see Note L)	1.8	1.5
Derivative financial instruments (see Note S)	4.1	12.2
Other	5.5	6.1
Other current liabilities	94.2	103.9
Other long-term liabilities
Liability for pension benefits (see Note L)	79.6	83.7	$ 83.7
Net reserves for tax contingencies	15.1	19.9
Deferred compensation (see Note K)	18.0	17.9
Liabilities associated with stock-based compensation plans (see Note L)	31.2	30.9
Other	29.1	32.3
Other long-term liabilities	$ 173.0	$ 184.7

Long-Term Debt (Narrative) (Details)	12 Months Ended
Long-Term Debt (Narrative) (Details)	Dec. 31, 2016 USD ($) lender	Dec. 31, 2015 USD ($)
Short-term Debt [Line Items]
Maximum borrowing capacity	$ 750,000,000.0	$ 600,000,000.0
Number of lenders in syndicate \| lender	14
Debt to equity ratio, max	65.00%
Debt to assets ratio, max	15.00%
Amount of assets, sold, transferred or disposed of in any trailing 4 quarters to total assets ratio, max	40.00%
Commercial paper
Short-term Debt [Line Items]
Maximum borrowing capacity	$ 750,000,000
Letters Of Credit
Short-term Debt [Line Items]
Maximum borrowing capacity	$ 250,000,000
5.0% Notes \| Notes Payable
Short-term Debt [Line Items]
Repayments of debt		$ 200,000,000
Interest rate on notes		5.00%

Long-Term Debt (Details Of Long-Term Debt, Weighted Average Interest Rates And Due Dates) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Long-term debt	$ 959.8	$ 944.9
Less current maturities	3.6	3.4
Noncurrent portion of long-term debt	956.2	941.5
Term notes
Debt Instrument [Line Items]
Long-term debt	$ 745.3	$ 744.4
Year-end Interest Rate	(3.80%)	(3.80%)
Due Date Through	2024	2024
Industrial development bonds, principally variable interest rates
Debt Instrument [Line Items]
Long-term debt	$ 12.5	$ 14.8
Year-end Interest Rate	(0.90%)	(0.30%)
Due Date Through	2030	2030
Commercial paper
Debt Instrument [Line Items]
Debt, Weighted Average Interest Rate	1.00%	0.50%
Long-term debt	$ 195.9	$ 181.5
Year-end Interest Rate	(100.00%)	(100.00%)
Due Date Through	2021	2019
Capitalized leases (primarily machinery, vehicle and office equipment)
Debt Instrument [Line Items]
Long-term debt	$ 5.7	$ 4.2
Capitalized leases (primarily machinery, vehicle and office equipment)
Debt Instrument [Line Items]
Long-term debt	$ 0.4	$ 0.0
Net Commercial Paper Activity [Member]
Debt Instrument [Line Items]
Debt, Weighted Average Interest Rate	0.80%	0.50%

Long-Term Debt (Maturities Of Long-Term Debt) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
2017	$ 3.6
2018	153.0
2019	0.7
2020	0.0
2021	195.2
Thereafter	607.3
Total	$ 959.8	$ 944.9

Long-Term Debt (Amounts Outstanding Related To Commercial Paper Program) (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Total program authorized	$ 750,000,000.0	$ 600,000,000.0
Commercial paper outstanding (classified as long-term debt)	(195,900,000)	(181,500,000)
Letters of credit issued under the credit agreement	0	0
Total program usage	(195,900,000)	(181,500,000)
Total program available	$ 554,100,000	$ 418,500,000

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

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

Lease Obligations (Components Of Rental Expense) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Leases [Abstract]
Continuing operations	$ 51.2	$ 51.4	$ 48.9
Operating Leases Rent Expense Net Discontinued Operations	$ 0.0	$ 0.5	$ 2.1

Lease Obligations (Future Minimum Rental Commitments For All Long-Term Non-Cancelable Operating Leases) (Details) $ in Millions	Dec. 31, 2016 USD ($)
Leases [Abstract]
2017	$ 33.6
2018	27.3
2019	20.1
2020	16.2
2021	12.2
Thereafter	23.4
Total	$ 132.8

Stock-Based Compensation (Narrative) (Details)

12 Months Ended

Dec. 31, 2016

company

stock-based_retirement_plan

Dec. 31, 2015

Dec. 31, 2014

May 10, 2012

May 09, 2012

Number of stock units per common share

Termination service of employee, years

20 years

Cash value offered in lieu of shares based off Black Scholes fair value

50.00%

Stock units converted to common stock ratio

7 years 11 months

7 years 6 months

^[1]

6 years

^[1]

Exercised, options

^[1]

900,000

Options outstanding

2,300,000

3,100,000

1-to-1 ratio

Options Granted On A Discretionary Basis

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

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

10 years

GPSUs

Performance measurement period

2 years

Base target share award

100,000

Cash payout ratio

50.00%

Share payout ratio

50.00%

Maximum cash payout ratio

100.00%

Deferred Stock Compensation Program

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

Number of shares granted, deferred compensation multiplier

15 months

500.00%

Acquisition interval for purchase of discounted stock

10 years

14 days

Discount to the market price, percentage

20.00%

Time period for receiving plan distributions, max

10 years

Time period for installment distributions, max

10 years

Options outstanding

0.1

Stock-based retirement plans

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

Discount market price purchase date, percentage

85.00%

Number of stock-based retirement plans | stock-based_retirement_plan

Automatic employer match, percentage

50.00%

Additional employer match upon certain profitability levels, percentage

50.00%

Measurement performance period, years

3 years

Performance Stock Unit Awards

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

Number of companies forming peer group | company

3 years

320

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%

Discount Stock Plan

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

Discount to the market price, percentage

85.00%

SBP

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

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

3 years

ESUP

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

5 years

Maximum

Employee termination age, years

65 years

Maximum | GPSUs

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

Award vesting percentage

250.00%

Maximum | Stock-based retirement plans

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

SBP participant contribution for stock or other investment purchases

6.00%

ESUP participant contribution for stock or other investment purchases

10.00%

Premium contributions for ESUP participants

17.65%

Maximum | Performance Stock Unit Awards

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

Base award percentage of total shareholder return

175.00%

Maximum | PGI

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

Base award percentage of total shareholder return

250.00%

Minimum

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

Employee termination age, years

55 years

Minimum | GPSUs

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

Award vesting percentage

0.00%

Minimum | Performance Stock Unit Awards

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

Base award percentage of total shareholder return

0.00%

First Increment | Options Granted On A Discretionary Basis

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

Second Increment | Options Granted On A Discretionary Basis

18 months

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

Third Increment | Options Granted On A Discretionary Basis

30 months

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

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

42 months

Flexible Stock Plan

Number of shares against plan

Options outstanding

2,300,000

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Stock-Based Compensation (Flexible Stock Plan Options) (Details) - shares shares in Millions	Dec. 31, 2016	Dec. 31, 2015
Maximum Number of Authorized Shares
Unexercised options	2.3	3.1
Outstanding stock units—unvested		1.6
Flexible Stock Plan
Shares Available for Issuance
Unexercised options	2.3
Outstanding stock units—vested	3.7
Outstanding stock units—unvested	1.3
Available for grant	10.5
Authorized for issuance at December 31, 2016	17.8
Maximum Number of Authorized Shares
Unexercised options	2.3
Outstanding stock units—vested	7.2
Outstanding stock units—unvested	3.7
Available for grant	10.5
Authorized for issuance at December 31, 2016	23.7

Stock-Based Compensation (Components Of Stock-Based Compensation) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation	$ 37.1	$ 45.2	$ 41.6
Recognized tax benefits on stock-based compensation expense	26.3	11.6	10.4
Settled with Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	22.2	30.5	27.3
Employee contributions for above stock plans	14.9	14.7	14.3
Total stock-based compensation	37.1	45.2	41.6
Recognized tax benefits on stock-based compensation expense	8.1	11.6	10.4
Settled with Stock \| Amortization ff 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	0.2	0.6
Settled with Stock \| Cash Payments in Lieu of Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	0.0	0.0	0.0
Settled with Stock \| Stock-based retirement plans contributions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	6.7	7.0	6.1
Settled with Stock \| Deferred Stock Compensation Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	2.0	1.9	2.2
Settled with Stock \| Stock-based retirement plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1.5	1.4	1.9
Settled with Stock \| Discount Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1.0	1.0	1.0
Settled with Stock \| Performance Stock Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	4.8	8.3	6.4
Settled with Stock \| Restricted Stock Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	2.8	3.5	3.4
Settled with Stock \| PGI
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1.4	6.0	4.4
Settled with Stock \| Other, primarily non-employee directors restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1.0	1.2	1.3
Settled with Cash
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	9.8	18.8	20.5
Settled with Cash \| Amortization ff the grant date fair value of stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	0.0	0.0	0.0
Settled with Cash \| Cash Payments in Lieu of Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1.0	1.0	0.8
Settled with Cash \| Stock-based retirement plans contributions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1.3	1.3	1.4
Settled with Cash \| Deferred Stock Compensation Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	0.0	0.0	0.0
Settled with Cash \| Stock-based retirement plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	0.0	0.0	0.0
Settled with Cash \| Discount Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	0.0	0.0	0.0
Settled with Cash \| Performance Stock Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	6.5	10.6	13.9
Settled with Cash \| Restricted Stock Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	0.0	0.0	0.0
Settled with Cash \| PGI
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1.0	5.9	4.4
Settled with Cash \| Other, primarily non-employee directors restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	0.0	0.0	0.0
Accounting Standards Update 2016-09 [Member] \| Settled with Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized tax benefits on stock-based compensation expense	$ 18.2	$ 0.0	$ 0.0

Stock-Based Compensation (Schedule of Stock-based Assets and Liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Assets:
Diversified investments associated with the stock-based retirement plans, Current	$ 1.8	$ 1.5
Diversified investments associated with the stock-based retirement plans, Long-term	25.0	20.5
Diversified investments associated with the stock-based retirement plans, Total	26.8	22.0
Liabilities:
Share Liabilities, Current	1.8	1.5
Share Liabilities, Long-term	18.0	17.9
Other - primarily timing differences between employee withholdings and related employer contributions to be submitted to various plans' trust accounts, Current	7.7	8.0
Other - primarily timing differences between employee withholdings and related employer contributions to be submitted to various plans' trust accounts, Long-term	0.0	0.0
Other - primarily timing differences between employee withholdings and related employer contributions to be submitted to various plans' trust accounts, Total	7.7	8.0
Total liabilities associated with stock-based compensation, Current	20.8	31.3
Total liabilities associated with stock-based compensation, Long-term	31.2	30.9
Total liabilities associated with stock-based compensation, Total	52.0	62.2
Stock-based retirement plans
Liabilities:
Share Liabilities, Current	1.8	1.5
Share Liabilities, Long-term	23.8	20.7
Share Liabilities, Total	25.6	22.2
Performance Stock Unit Awards
Liabilities:
Share Liabilities, Current	9.7	8.5
Share Liabilities, Long-term	5.6	8.8
Share Liabilities, Total	15.3	17.3
PGI
Liabilities:
Share Liabilities, Current	1.6	13.3
Share Liabilities, Long-term	1.8	1.4
Share Liabilities, Total	$ 3.4	$ 14.7

Stock-Based Compensation (Deferred Compensation Program) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation (see Note K)	$ 18.0	$ 17.9
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation (see Note K)	0.2
Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation (see Note K)	8.3
Cash
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation (see Note K)	$ 1.1

Stock-Based Compensation (Components Of Stock Options) (Details)
$ / shares in Units, shares in Millions, $ in Millions

12 Months Ended

Dec. 31, 2016

USD ($)

$ / shares

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]

3.1

0.1

(0.9)

^[1]

Vested or expected to vest at end of period, Total Options

2.3

2.3

Exercisable (vested) at end of period, Total Options

2.1

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]

Outstanding at beginning of period, Weighted Average Exercise Price per Share | $ / shares

$ 21.30

Granted (in dollars per share) | $ / shares

43.77

Exercised, Weighted Average Exercise Price per Share | $ / shares

19.80

^[1]

Outstanding at end of period, Weighted Average Exercise Price per Share | $ / shares

23.13

Vested or expected to vest at end of period, Weighted Average Exercise Price per Share | $ / shares

23.13

Exercisable (vested) at end of period, Weighted Average Exercise Price per Share | $ / shares

$ 21.22

Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]

Outstanding at end of period, Weighted Average Remaining Contractual Life in Years

4 years 1 month 6 days

Vested or expected to vest at end of period, Weighted Average Remaining Contractual Life in Years

4 years 1 month 6 days

Exercisable (vested) at end of period, Weighted Average Remaining Contractual Life in Years

3 years 7 months 6 days

Outstanding at end of period, Aggregate Intrinsic Value | $

$ 58.9

Vested or expected to vest at end of period, Aggregate Intrinsic Value | $

58.9

Exercisable (vested) at end of period, Aggregate Intrinsic Value | $

$ 57.8

Employee Stock Options

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]

2.9

0.1

(0.9)

^[1]

Deferred Compensation Options

2.1

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]

0.2

0.0

0.0

^[1]

Other-Primarily Outside Directors' Options

0.2

Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]

0.0

^[2]

0.0

0.0

^[2],[3]

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

0.0

^[2]

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[2]	A small amount of options related to this plan (less than .1) were outstanding at December 31, 2016.
[3]	Prior to 2005, we granted options with a below market exercise price under the terms of our Deferred Compensation Program. In 2005, we amended the Program to provide only “at market” stock options. During 2016, there were no significant options exercised at a below market exercise price, and less than .1 of these options remain outstanding at December 31, 2016.

Stock-Based Compensation (Additional Information Related To Stock Options Activity) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total intrinsic value of stock options exercised	$ 27.7	$ 17.1	$ 35.2
Cash received from stock options exercised	4.9	8.3	21.8
Total fair value of stock options vested	$ 0.1	$ 1.3	$ 2.9

Stock-Based Compensation (Calculation And Assumptions Utilized In Calculation Of Fair Values Of Options Granted) (Details) - USD ($)
$ / shares in Units, $ in Millions

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

^[1]

Dec. 31, 2014

^[1]

Aggregate grant date fair value

$ 1.4

$ 0.9

$ 0.1

Weighted-average per share grant date fair value (in dollars per share)

$ 10.79

$ 10.06

$ 7.30

Risk-free interest rate

2.20%

2.10%

Expected volatility (over expected life)

7 years 11 months

7 years 6 months

6 years

30.00%

30.50%

35.10%

Expected dividend yield (over expected life)

3.00%

3.90%

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Stock-Based Compensation (Components Of SBP And ESUP) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016 USD ($) shares
SBP 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee contributions	$ 3.2
Less diversified contributions	0.8
Total employee stock contributions	2.4
Employer premium contribution to diversified investment accounts
Shares purchased by employees and company match \| shares	0.1
ESUP 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee contributions	$ 4.3
Less diversified contributions	4.3
Total employee stock contributions	0.0
Employer premium contribution to diversified investment accounts	$ 0.8

Stock-Based Compensation (Number Of Shares And Related Grant Date Fair Value Of PSU) (Details) - USD ($)
$ / shares in Units, shares in Millions

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

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

Grant date per share fair value

$ 19.23

Risk-free interest rate

2.20%

2.10%

^[1]

2.10%

^[1]

Expected volatility (over expected life)

7 years 11 months

7 years 6 months

^[1]

6 years

^[1]

30.00%

30.50%

^[1]

35.10%

^[1]

Expected dividend yield (over expected life)

3.00%

^[1]

3.90%

^[1]

Performance Stock Unit

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

Total shares base award

0.1

0.2

Grant date per share fair value

$ 40.16

$ 42.22

$ 30.45

Risk-free interest rate

1.30%

1.10%

0.80%

Expected volatility (over expected life)

3 years

19.20%

19.80%

25.90%

Expected dividend yield (over expected life)

3.10%

2.90%

3.90%

Award Year 2012

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

TSR Performance Relative to the Peer Group (1%Best)

30.00%

Payout as a Percent of the Base Award

157.00%

Number of Shares Distributed

0.4

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share-based Liabilities Paid

$ 9.9

Award Year 2013

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

TSR Performance Relative to the Peer Group (1%Best)

27.00%

Payout as a Percent of the Base Award

165.40%

Number of Shares Distributed

0.4

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share-based Liabilities Paid

$ 8.5

Award Year 2014

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

TSR Performance Relative to the Peer Group (1%Best)

10.00%

Payout as a Percent of the Base Award

175.00%

Number of Shares Distributed

0.4

0.2

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share-based Liabilities Paid

$ 9.8

$ 6.7

[1]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246OTU1Rjk4Mjg1NDA4NThDNDgxOEE4QzE1RDU2MDU2NDkM}

Stock-based Compensation (Schedule of Restricted Stock Unit Two-Year Performance Cycle) (Details) - USD ($) shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Award Year 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Two year Performance Cycle Payout As A Percent Of The Base Award			127.00%
Estimated number of shares			0.1
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share-based Liabilities Paid			$ 3.5
Award Year 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Two year Performance Cycle Payout As A Percent Of The Base Award		224.70%
Estimated number of shares	0.4	0.2
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share-based Liabilities Paid	$ 9.8	$ 6.7
Award Year 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Two year Performance Cycle Payout As A Percent Of The Base Award	36.00%
Estimated number of shares	0.1
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share-based Liabilities Paid	$ 0.8

Stock-Based Compensation (Schedule Of Stock Unit Information) (Details)
$ / shares in Units, shares in Millions, $ in Millions

12 Months Ended

Dec. 31, 2016

USD ($)

$ / shares

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]

Granted based on current service at 1 authorization share (in shares)

1.6

0.5

Granted based on future conditions at 1 authorization share (in shares)

0.3

^[1]

(1.2)

Non-vested at December 31, 2012 at 3 authorization shares (in shares)

0.0

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]

Non-vested at January 1, 2012, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares

$ 21.43

Granted based on current service at 1 authorization share, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares

46.61

Granted based on current service at 3 authorization shares, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares

19.23

Vested at 1 authorization share, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares

34.33

Forfeited - PSU, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares

9.68

Non-vested at December 31, 2012 at 3 authorization shares, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares

$ 20.30

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]

Fully vested stock units outstanding at December 31, 2012 (in shares)

1.2

3.7

Total non-vested at December 31, 2012, Aggregate Intrinsic Value | $

$ 60.7

Fully vested stock units outstanding at December 31, 2012, Aggregate Intrinsic Value | $

$ 182.4

DSU

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]

Granted based on current service at 1 authorization share (in shares)

0.0

0.2

Granted based on future conditions at 1 authorization share (in shares)

0.0

^[1]

(0.2)

Non-vested at December 31, 2012 at 3 authorization shares (in shares)

0.0

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]

0.0

ESUP

Granted based on current service at 1 authorization share (in shares)

0.0

0.2

Granted based on future conditions at 1 authorization share (in shares)

0.0

^[1]

(0.2)

Non-vested at December 31, 2012 at 3 authorization shares (in shares)

0.0

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]

0.0

PSU

Granted based on current service at 1 authorization share (in shares)

1.1

^[1]

0.0

^[1]

Granted based on future conditions at 1 authorization share (in shares)

0.2

^[1]

(0.4)

^[1]

Non-vested at December 31, 2012 at 3 authorization shares (in shares)

0.0

^[1]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]

0.9

^[1]

RSU

Granted based on current service at 1 authorization share (in shares)

0.2

0.1

Granted based on future conditions at 1 authorization share (in shares)

0.0

^[1]

(0.2)

Non-vested at December 31, 2012 at 3 authorization shares (in shares)

0.0

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]

0.1

PGI

Granted based on current service at 1 authorization share (in shares)

0.3

^[2]

0.0

^[2]

Granted based on future conditions at 1 authorization share (in shares)

0.1

^[1]

(0.2)

^[2]

Non-vested at December 31, 2012 at 3 authorization shares (in shares)

0.0

^[2]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]

Earnings from continuing operations before income taxes

0.2

^[2]

[1]	PSU awards are presented at 175% (i.e., maximum) payout
[2]	PGI awards are presented at 250% (i.e., maximum) payout

Stock-Based Compensation (Stock Units Converted To Common Stock) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total intrinsic value of vested stock units converted to common stock	$ 24.8	$ 27.7	$ 9.2

Stock-Based Compensation (Unrecognized Cost Of Non-Vested Stock Options And Units) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016 USD ($)
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average remaining contractual life in years	7 months 6 days
Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized cost of non-vested stock	$ 7.5
Weighted-average remaining contractual life in years	1 year

Stock-Based Compensation (Discount Stock Plan) (Details) - Discount Stock Plan shares in Millions	12 Months Ended
	Dec. 31, 2016 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Average 2016 purchase price per share (net of discount) \| $ / shares	$ 40.73
2016 number of shares purchased by employees	0.1
Shares purchased since inception in 1982	22.8
Maximum shares under the plan	27.0

Employee Benefit Plans (Narrative) (Details) $ in Millions	1 Months Ended	12 Months Ended
Employee Benefit Plans (Narrative) (Details) $ in Millions	Oct. 31, 2015 USD ($)	Dec. 31, 2016 USD ($) pension_plan investment	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Pension benefit obligation, percentage		88.00%
Target allocation		100.00%	100.00%
Number of investments \| investment		7
Expected employer contributions		$ 5.8
Settlements of benefit obligation	$ 35.7	0.0	$ 35.7	$ 0.0
Defined benefit plan, recognized net loss due to settlements	12.1	$ 0.0	12.1	0.0
Defined benefit plan, recognized net loss due to settlements, net of tax	$ 7.5
Number of union sponsored multiemployer plans \| pension_plan		2
Multiemployer Plans, Plan Contributions		$ 0.8
Multiemployer pension plans, period contributions (less than $0.5m)		0.6	$ 0.6	$ 0.6
Withdrawal obligation		$ 23.1
Equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation		56.00%	53.00%
Other Postretirement Benefit Plan [Member] \| Active Plans [Member] \| Equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation		75.00%
Other Postretirement Benefit Plan [Member] \| Active Plans [Member] \| Bonds
Defined Benefit Plan Disclosure [Line Items]
Target allocation		25.00%
Other Postretirement Benefit Plan [Member] \| Frozen Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Significant plans employing a liability driven investment strategy		55.00%
Other Postretirement Benefit Plan [Member] \| Frozen Plans [Member] \| Equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation		40.00%
Other Postretirement Benefit Plan [Member] \| Frozen Plans [Member] \| Bonds
Defined Benefit Plan Disclosure [Line Items]
Target allocation		60.00%

Employee Benefit Plans (Summary Of Pension Obligations And Funded Status) (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Change in Benefit Obligation
Benefit obligation, beginning of period		$ 290.3	$ 343.0	$ 287.0
Service cost		4.4	4.3	3.0
Interest cost		11.3	12.6	12.9
Plan participants’ contributions		0.7	0.7	0.6
Actuarial loss (gain)		9.8	(17.4)	58.1
Benefits paid		(19.1)	(13.9)	(15.6)
Settlements	$ (35.7)	0.0	(35.7)	0.0
Foreign currency exchange rate changes		(4.4)	(3.3)	(3.0)
Benefit obligation, end of period		293.0	290.3	343.0
Change in Plan Assets
Fair value of plan assets, beginning of period		207.5	258.9	248.0
Actual return on plan assets		18.9	(1.7)	23.9
Employer contributions		9.8	1.8	4.1
Foreign currency exchange rate changes		(3.7)	(2.6)	(2.1)
Settlements		0.0	(35.7)	0.0
Fair value of plan assets, end of period		214.1	207.5	258.9
Net funded status		(78.9)	(82.8)	(84.1)
Funded status recognized in the Consolidated Balance Sheets
Other assets—sundry		1.1	1.3	0.0
Other current liabilities		(0.4)	(0.4)	(0.4)
Other long-term liabilities		$ (79.6)	$ (83.7)	$ (83.7)

Employee Benefit Plans (Summary Of Accumulated And Projected Benefit Obligation Information) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Aggregated plans with accumulated benefit obligations in excess of plan assets:
Projected benefit obligation	$ 281.7	$ 274.7	$ 343.0
Accumulated benefit obligation	277.5	271.5	338.5
Fair value of plan assets	202.1	190.8	258.9
Aggregated plans with projected benefit obligations in excess of plan assets:
Projected benefit obligation	285.3	277.8	343.0
Fair value of plan assets	205.3	193.7	258.9
Accumulated benefit obligation for all defined benefit plans	$ 280.5	$ 274.3	$ 338.5

Employee Benefit Plans (Summary Of Unfunded Supplemental Executive Retirement Plan) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Cash surrender values	$ 2.4	$ 2.3	$ 2.2

Employee Benefit Plans (Schedule Of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans [Roll Forward]
2016 Amortization	$ 4.5	$ 5.2	$ 2.8
Net loss (gain) (before tax)
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans [Roll Forward]
Accumulated other comprehensive income (net of tax), Beginning Balance	92.1
2016 Amortization	4.5
2016 Net Actuarial loss	(3.8)
2016 Foreign currency exchange rates change	0.8
Deferred income taxes change	0.0
Accumulated other comprehensive income (net of tax), Ending Balance	90.6	92.1
Deferred income taxes
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans [Roll Forward]
Deferred income taxes, beginning balance	(34.0)
2016 Amortization	0.0
2016 Net Actuarial loss	0.0
2016 Foreign currency exchange rates change	0.0
Deferred income taxes change	(0.6)
Deferred income taxes, ending balance	(33.4)	(34.0)
Accumulated other comprehensive income (net of tax)
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans [Roll Forward]
Accumulated other comprehensive income (net of tax), beginning balance	58.1
2016 Amortization	4.5
2016 Net Actuarial loss	(3.8)
2016 Foreign currency exchange rates change	0.8
Deferred income taxes change	(0.6)
Accumulated other comprehensive income (net of tax), ending balance	$ 57.2	$ 58.1

Employee Benefit Plans (Summary Of Accumulated Other Comprehensive Income Recognized In Net Periodic Pension Cost) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016 USD ($)
Compensation and Retirement Disclosure [Abstract]
Net loss	$ 4.5

Employee Benefit Plans (Components Of Net Pension (Expense) Income) (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Service cost		$ (4.4)	$ (4.3)	$ (3.0)
Interest cost		(11.3)	(12.6)	(12.9)
Expected return on plan assets		12.9	16.5	15.9
Amortization of prior service cost		0.0	0.0	(0.3)
Recognized net actuarial loss		(4.5)	(5.2)	(2.8)
Settlements	$ (12.1)	0.0	(12.1)	0.0
Net pension (expense) income		$ (7.3)	$ (17.7)	$ (3.1)
Weighted average assumptions for pension costs:
Discount rate used in net pension costs		4.10%	3.80%	4.60%
Rate of compensation increase used in pension costs		3.50%	3.50%	3.80%
Expected return on plan assets		6.50%	6.60%	6.70%
Weighted average assumptions for benefit obligation:
Discount rate used in benefit obligation		3.80%	4.10%	3.80%
Rate of compensation increase used in benefit obligation		3.50%	3.50%	3.50%

Employee Benefit Plans (Schedule Of Fair Value Of Pension Plan Assets) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	$ 214.1	$ 207.5	$ 258.9	$ 248.0
Level 1
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	179.0	169.6
Level 2
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	35.1	37.9
Level 3
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	0.0	0.0
Common Stock
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	35.1	37.9
Common Stock \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	0.0	0.0
Common Stock \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	35.1	37.9
Common Stock \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	0.0	0.0
Money market funds, cash and other
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	12.0	5.5
Money market funds, cash and other \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	12.0	5.5
Money market funds, cash and other \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	0.0	0.0
Money market funds, cash and other \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	0.0	0.0
Fixed income \| Mutual and pooled funds
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	46.4	54.0
Fixed income \| Mutual and pooled funds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	46.4	54.0
Fixed income \| Mutual and pooled funds \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	0.0	0.0
Fixed income \| Mutual and pooled funds \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	0.0	0.0
Equities \| Mutual and pooled funds
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	120.6	110.1
Equities \| Mutual and pooled funds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	120.6	110.1
Equities \| Mutual and pooled funds \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	0.0	0.0
Equities \| Mutual and pooled funds \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Investments at fair value	$ 0.0	$ 0.0

Employee Benefit Plans (Schedule Of Allocation Of Plan Assets) (Details)	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Asset Category	100.00%	100.00%
Equity securities
Defined Benefit Plan Disclosure [Line Items]
Asset Category	56.00%	53.00%
Debt securities
Defined Benefit Plan Disclosure [Line Items]
Asset Category	22.00%	26.00%
Stable value funds
Defined Benefit Plan Disclosure [Line Items]
Asset Category	16.00%	18.00%
Other, including cash
Defined Benefit Plan Disclosure [Line Items]
Asset Category	6.00%	3.00%

Employee Benefit Plans (Schedule Of Estimated Benefit Payments) (Details) $ in Millions	Dec. 31, 2016 USD ($)
Compensation and Retirement Disclosure [Abstract]
2017	$ 16.2
2018	16.2
2019	16.1
2020	16.1
2021	16.3
2020-2026	$ 84.1

Employee Benefit Plans (Total Expense From Continuing Operations For Defined Contribution Plans) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Defined contribution plans	$ 6.1	$ 6.8	$ 7.3

Income Taxes (Narrative) (Details)	12 Months Ended
Income Taxes (Narrative) (Details)	Dec. 31, 2016 USD ($) tax_year	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Income Tax Contingency [Line Items]
Deferred Tax Assets, Net of Valuation Allowance	$ 178,400,000	$ 200,000,000
Tax benefits related to impact of Mexico tax law changes, the settlement of certain state and foreign audits and a non-taxable bargain purchase gain	21,400,000	9,400,000	$ 10,900,000
Accrual for China withholding taxes no longer permanently reinvested	9,200,000	6,900,000
Net excess tax benefits (costs) related to stock plan activity	15,400,000	10,100,000
Unrecognized tax benefits	16,700,000	22,100,000	28,200,000
Unrecognized tax benefits that would impact effective tax rate	9,700,000
Settlements	$ 900,000	$ 1,500,000	$ 600,000
Resolution of tax audits that could reduce unrecognized tax benefits, time period (in years)	12 months
Expiration dates, time period	20 years
Maximum operating loss carryforward expiring annually	$ 10,000,000
Cumulative undistributed earnings that are indefinitely reinvested	762,800,000
Resulting incremental taxes	$ 131,200,000
Canada
Income Tax Contingency [Line Items]
Number of tax years under audit \| tax_year	8
Internal Revenue Service (IRS) [Member]
Income Tax Contingency [Line Items]
Number of tax years under audit \| tax_year	4

Income Taxes (Components Of Earnings From Continuing Operations Before Income Taxes) (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

^[1],[2]

Sep. 30, 2016

^[3],[4]

Jun. 30, 2016

^[4],[5]

Mar. 31, 2016

^[6]

Dec. 31, 2015

^[1],[2]

Sep. 30, 2015

^[3],[4]

Jun. 30, 2015

^[4],[5]

Mar. 31, 2015

^[6]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Domestic

$ 267.7

$ 254.2

$ 142.1

Foreign

219.4

195.6

153.4

$ 110.0

$ 121.2

$ 137.2

$ 118.7

$ 106.5

$ 132.3

$ 109.0

$ 102.0

$ 487.1

$ 449.8

$ 295.5

[1]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246M0Q0RTJCNTUxNEI2NTJCQkFCRjlDODUxRjdFQjg4QTcM}
[2]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QkRGODJFQzJFOTlBNUI4QjkzNDRGRjIzMkIzQTEzMzAM}
[3]	Fourth quarter 2015 Earnings from continuing operations include a $12 charge associated with a lump sum pension buyout and $4 in charges associated with litigation accruals (Note L and Note S)
[4]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QzVDRjVFQTMwMzM4NTY5REE0RDRDN0ZGOUEzM0Y1NEUM}
[5]	Fourth quarter 2016 Earnings from continuing operations include $16 associated with the gain on sale of a business
[6]	Second quarter 2016 Earnings from continuing operations include a gain of $7 associated with litigation accruals (Note S); $11 gain associated with the sale of a business; and a $4 charge from CVP impairment (Note C)

Income Taxes (Income Tax Expense From Continuing Operations) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current
Federal	$ 55.7	$ 63.1	$ 38.4
State and local	4.1	7.6	3.3
Foreign	42.5	40.0	29.8
Current income tax expense, Total	102.3	110.7	71.5
Deferred
Federal	13.1	9.6	(6.1)
State and local	2.3	0.1	2.1
Foreign	2.3	1.4	2.8
Deferred income tax expense, Total	17.7	11.1	(1.2)
Income tax expense, Total	$ 120.0	$ 121.8	$ 70.3

Income Taxes (Schedule Of Income Tax Expense From Continuing Operations Percentage) (Details)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Statutory federal income tax rate	35.00%	35.00%	35.00%
State taxes, net of federal benefit	0.90%	1.60%	1.00%
Tax effect of foreign operations	(6.00%)	(5.80%)	(7.50%)
Deferred tax on undistributed foreign earnings	0.50%	(1.00%)	0.40%
Stock-based compensation	3.40%	(0.00%)	(0.00%)
Change in valuation allowance	0.20%	0.00%	0.20%
Change in uncertain tax positions, net	(0.60%)	(0.50%)	(0.60%)
Domestic production activities deduction	(1.20%)	(1.20%)	(3.40%)
Other permanent differences, net	(0.60%)	(1.00%)	(0.70%)
Other, net	(0.20%)	0.00%	(0.60%)
Effective tax rate	24.60%	27.10%	23.80%

Income Taxes (Reconciliation Of Gross Unrecognized Tax Benefits) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Gross unrecognized tax benefits, January 1	$ 15.5	$ 19.8	$ 24.4
Gross increases—tax positions in prior periods	0.3	0.3	0.1
Gross decreases—tax positions in prior periods	(1.0)	(0.5)	(2.4)
Gross increases—current period tax positions	1.1	1.3	1.3
Change due to exchange rate fluctuations	0.0	(1.3)	(1.0)
Settlements	(0.9)	(1.5)	(0.6)
Lapse of statute of limitations	(2.9)	(2.6)	(2.0)
Gross unrecognized tax benefits, December 31	12.1	15.5	19.8
Interest	4.0	6.0	7.6
Penalties	0.6	0.6	0.8
Total gross unrecognized tax benefits, December 31	$ 16.7	$ 22.1	$ 28.2

Income Taxes (Deferred Tax Assets Or Liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	$ 201.3	$ 226.6
Deferred Tax Liabilities, Gross	208.8	205.3
Net deferred tax (liability) asset	(30.4)	(5.3)
Valuation allowance	(22.9)	(26.6)
Total deferred taxes, Assets	178.4	200.0
Property, plant and equipment
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	5.9	6.9
Deferred Tax Liabilities, Gross	57.3	54.3
Inventories
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	3.3	2.8
Deferred Tax Liabilities, Gross	22.1	26.5
Accrued expenses
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	93.3	96.8
Deferred Tax Liabilities, Gross	0.3	0.0
Net operating losses and other tax carryforwards
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	48.2	57.2
Deferred Tax Liabilities, Gross	0.0	0.0
Pension cost and other post-retirement benefits
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	31.4	33.6
Deferred Tax Liabilities, Gross	0.9	0.9
Subsidiary stock basis
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	0.0	2.0
Deferred Tax Liabilities, Gross	0.0	0.0
Intangible assets
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	1.1	1.2
Deferred Tax Liabilities, Gross	107.6	107.3
Derivative financial instruments
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	9.9	14.0
Deferred Tax Liabilities, Gross	1.7	1.7
Tax on undistributed earnings
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	0.0	0.0
Deferred Tax Liabilities, Gross	9.2	6.9
Uncertain tax positions
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	5.3	7.1
Deferred Tax Liabilities, Gross	0.0	0.0
Other
Income Tax Contingency [Line Items]
Gross deferred tax, Assets	2.9	5.0
Deferred Tax Liabilities, Gross	$ 9.7	$ 7.7

Income Taxes (Deferred Tax Assets And (Liabilities) Included In Consolidated Balance Sheets)(Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Sundry	$ 23.9	$ 33.3
Deferred income taxes	(54.3)	(38.6)
Net deferred tax (liability) asset	$ (30.4)	$ (5.3)

Other (Income) Expense (Components Of Other (Income) Expense) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Other (Income) Expense [Line Items]
Other (income) expense, net	$ (5.6)	$ (4.6)	$ (5.3)
Restructuring charges
Other (Income) Expense [Line Items]
Other (income) expense, net	0.8	1.6	0.9
Asset impairments (see Note C)
Other (Income) Expense [Line Items]
Other (income) expense, net	0.4	2.2	1.3
Currency (gain) loss
Other (Income) Expense [Line Items]
Other (income) expense, net	(2.1)	(2.1)	0.3
Royalty income
Other (Income) Expense [Line Items]
Other (income) expense, net	(0.3)	(0.9)	(1.0)
(Gain) loss from diversified investments associated with stock-based compensation plans
Other (Income) Expense [Line Items]
Other (income) expense, net	(2.2)	0.3	(1.2)
Other income
Other (Income) Expense [Line Items]
Other (income) expense, net	$ (2.2)	$ (5.7)	$ (5.6)

Accumulated Other Comprehensive Income (Loss) (Changes In Each Component Of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2016

Sep. 30, 2016

^[3],[4]

Jun. 30, 2016

^[4],[5]

Mar. 31, 2016

Dec. 31, 2015

Sep. 30, 2015

^[3],[4]

Jun. 30, 2015

^[4],[5]

Mar. 31, 2015

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Other Comprehensive Income (Loss), before Tax Period Change [Abstract]

$ (91.1)

$ (2.6)

$ (91.1)

$ (2.6)

$ 94.5

(37.1)

(101.5)

(120.4)

18.1

17.2

7.5

(4.6)

(4.7)

15.6

1.1

0.5

0.2

$ (113.6)

$ (91.1)

(113.6)

(91.1)

(2.6)

903.7

^[1],[2]

$ 948.9

$ 958.9

938.4

^[6]

944.6

^[1],[2]

$ 1,009.1

$ 997.3

966.2

^[6]

3,749.9

3,917.2

3,782.3

38.8

41.1

41.8

Foreign Currency Translation Adjustments

5.6

4.6

5.3

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Other Comprehensive Income (Loss), before Tax Period Change [Abstract]

(4.8)

86.8

(4.8)

86.8

158.3

(33.2)

(88.5)

(71.7)

(1.7)

(3.6)

0.0

0.0

1.1

0.5

0.2

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

(38.6)

(4.8)

(38.6)

(4.8)

86.8

Cash Flow Hedges

Other Comprehensive Income (Loss), before Tax Period Change [Abstract]

(28.2)

(20.1)

(28.2)

(20.1)

(23.5)

(0.9)

(13.1)

0.8

15.3

3.5

4.4

(4.0)

1.5

(1.8)

0.0

Defined Benefit Pension Plans

(17.8)

(28.2)

(17.8)

(28.2)

(20.1)

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Other Comprehensive Income (Loss), before Tax Period Change [Abstract]

$ (58.1)

$ (69.3)

(58.1)

(69.3)

(40.3)

(3.0)

0.1

(49.5)

4.5

17.3

3.1

(0.6)

(6.2)

17.4

0.0

Reclassification out of Accumulated Other Comprehensive Income

$ (57.2)

$ (58.1)

(57.2)

(58.1)

(69.3)

Other Comprehensive Income (Loss), before Tax Period Change [Abstract]

Cost of goods sold; selling and administrative expenses

10.6

(0.6)

0.4

5.0

17.3

3.1

4.2

4.1

4.0

Reclassification out of Accumulated Other Comprehensive Income | Foreign Currency Translation Adjustments

(1.7)

(3.6)

0.0

Other Comprehensive Income (Loss), before Tax Period Change [Abstract]

Cost of goods sold; selling and administrative expenses

0.0

0.0

0.0

Reclassification out of Accumulated Other Comprehensive Income | Cash Flow Hedges

(1.7)

(3.6)

0.0

Other Comprehensive Income (Loss), before Tax Period Change [Abstract]

Cost of goods sold; selling and administrative expenses

10.6

(0.6)

0.4

0.5

0.0

4.2

4.1

4.0

Reclassification out of Accumulated Other Comprehensive Income | Defined Benefit Pension Plans

0.0

Other Comprehensive Income (Loss), before Tax Period Change [Abstract]

Cost of goods sold; selling and administrative expenses

0.0

4.5

17.3

3.1

0.0

Estimate of Fair Value Measurement [Member]

$ 0.0

[1]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246M0Q0RTJCNTUxNEI2NTJCQkFCRjlDODUxRjdFQjg4QTcM}
[2]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QkRGODJFQzJFOTlBNUI4QjkzNDRGRjIzMkIzQTEzMzAM}
[3]	Fourth quarter 2015 Earnings from continuing operations include a $12 charge associated with a lump sum pension buyout and $4 in charges associated with litigation accruals (Note L and Note S)
[4]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOmE5M2ExNzlhYzg1MjRkNmViYTllOTc3MDNlZTMzODU3fFRleHRTZWxlY3Rpb246QzVDRjVFQTMwMzM4NTY5REE0RDRDN0ZGOUEzM0Y1NEUM}
[5]	Fourth quarter 2016 Earnings from continuing operations include $16 associated with the gain on sale of a business
[6]	Second quarter 2016 Earnings from continuing operations include a gain of $7 associated with litigation accruals (Note S); $11 gain associated with the sale of a business; and a $4 charge from CVP impairment (Note C)

Fair Value (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fixed rate debt carrying value	$ 750.0
Fixed rate debt difference between carrying value and fair value	$ 0.0	$ 0.0

Fair Value (Items Measured At Fair Value On A Recurring Basis) (Details) - Fair Value, Measurements, Recurring - USD ($)
$ in Millions

Dec. 31, 2016

Dec. 31, 2015

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

$ 0.8

$ 0.6

173.4

198.6

4.1

14.8

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

29.7

37.0

Level 1

0.0

26.8

22.0

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

25.6

22.2

Level 2

0.8

0.6

146.6

176.6

4.1

14.8

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

4.1

14.8

Level 3

0.0

0.0

0.0

Bank time deposits with original maturities of three months or less | Estimate of Fair Value Measurement [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Bank time deposits with original maturities of three months or less | Level 1

145.8

176.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Bank time deposits with original maturities of three months or less | Level 2

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Bank time deposits with original maturities of three months or less | Level 3

145.8

176.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Diversified investments associated with the ESUP (see Note K) | Estimate of Fair Value Measurement [Member]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Diversified investments associated with the ESUP (see Note K) | Level 1

^[1]

26.8

22.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Diversified investments associated with the ESUP (see Note K) | Level 2

^[1]

26.8

22.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Diversified investments associated with the ESUP (see Note K) | Level 3

^[1]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Liabilities associated with the ESUP (see Note K) | Estimate of Fair Value Measurement [Member]

^[1]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Liabilities associated with the ESUP (see Note K) | Level 1

^[1]

25.6

22.2

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Liabilities associated with the ESUP (see Note K) | Level 2

^[1]

25.6

22.2

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Liabilities associated with the ESUP (see Note K) | Level 3

^[1]

0.0

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Quarterly Financial Information [Line Items]

^[1]

$ 0.0

[1]	Includes both current and long-term amounts combined.

Acquisitions (Narrative) (Details) $ in Millions		1 Months Ended	12 Months Ended
Acquisitions (Narrative) (Details) $ in Millions	Jun. 30, 2014 USD ($) acquisition	Mar. 31, 2015 USD ($)	Dec. 31, 2016 USD ($) acquisition	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired				70.00%
Noncontrolling Interest, Ownership Percentage by Parent				30.00%
Goodwill			$ 791.3	$ 806.1	$ 829.4
European Private-Label Manufacturer [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred		$ 0.0
Contingent consideration, liability			11.0
Tempur Sealy
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	$ 0.0
Number of Acquisitions \| acquisition	3
Goodwill				0.0
Kintec Solution
Business Acquisition [Line Items]
Business Combination, Consideration Transferred					0.0
Goodwill					0.0
Asian Joint Venture [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred			35.2
Series of Individually Immaterial Business Acquisitions [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred					18.0
Goodwill			8.7	7.9	29.4
Net cash consideration			29.5	$ 11.1	$ 70.4
Residential Products and Specialized Products \| Distributor of geosynthetic products; Innersprings; Fabricated aerospace tubing and pipe assemblies
Business Acquisition [Line Items]
Business Combination, Consideration Transferred			$ 29.2
Number of Acquisitions \| acquisition			3

Acquisitions (Estimated Fair Values Of The Assets Acquired And Liabilities Assumed) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Property, plant and equipment	$ 24.9	$ 25.6	$ 60.8
Goodwill (see Note D)	791.3	806.1	829.4
Series of Individually Immaterial Business Acquisitions [Member]
Business Acquisition [Line Items]
Accounts receivable	5.3	3.7	7.9
Inventory	5.8	4.8	16.2
Property, plant and equipment	3.7	2.7	17.1
Goodwill (see Note D)	8.7	7.9	29.4
Other intangible assets (see Note D)	12.3	14.9	14.1
Other current and long-term assets	0.0	0.1	4.0
Current liabilities	4.2	8.1	6.0
Long-term liabilities	0.5	3.3	3.1
Fair value of net identifiable assets	31.1	22.7	79.6
Less: Additional consideration for prior years’ acquisitions	(0.3)	1.2	0.0
Less: Additional consideration payable	1.9	10.4	8.1
Less: Non-cash consideration	0.0	0.0	1.1
Net cash consideration	$ 29.5	$ 11.1	$ 70.4

Acquisitions (Purchase Price Allocations Related To Acquisitions) (Details) - acquisition	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Distributor of geosynthetic products; Innersprings; Fabricated aerospace tubing and pipe assemblies \| Residential Products and Specialized Products
Business Acquisition [Line Items]
Number of Acquisitions	3
Upholstered office furniture \| Furniture Products
Business Acquisition [Line Items]
Number of Acquisitions		1
Innersprings; Geotextile products; Fabric converting for furniture and bedding; Foam carpet underlay; Home furniture components \| Residential Products and Furniture Products
Business Acquisition [Line Items]
Number of Acquisitions			5

Derivative Financial Instruments (Narrative) (Details) - USD ($)	Aug. 12, 2012	Nov. 30, 2014	Oct. 31, 2014
3.40% Senior Notes due 2022 \| Senior Notes
Derivative [Line Items]
Aggregate principal of Senior Notes	$ 300,000,000	$ 300,000,000
Senior Notes term	10 years
Interest rate on Senior Notes	3.40%
Interest rate cash flow hedges (1)
Derivative [Line Items]
Amount of debt hedged	$ 200,000,000
Loss from forward starting interest rate swaps	$ 42,700,000
Cash Flow Hedging \| Treasury Lock
Derivative [Line Items]
Derivative amount			$ 50,000,000
Derivative interest rate (percent)			2.36%

Derivative Financial Instruments (Gains (Losses) Of Hedging Activities Recorded In Income) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivatives Designated as Hedging Instruments \| Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	$ 16.5	$ 6.0	$ 6.2
Derivatives Designated as Hedging Instruments \| Fair Value Hedging \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	1.3	(1.2)	(2.7)
Derivatives Not Designated as Hedging Instruments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	15.1	9.8	8.9
Interest rate cash flow hedges (1) \| Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	(4.2)	(4.1)	(4.0)
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 for the Year Ended December 31	(1.1)	1.3	0.3
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 for the Year Ended December 31	(10.8)	(3.2)	(2.1)
Currency cash flow hedges \| Derivatives Designated as Hedging Instruments \| Cash Flow Hedging \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	(0.4)	0.0	(0.4)
Hedge of USD cash-Swiss subsidiary \| Derivatives Not Designated as Hedging Instruments \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	0.0	0.1	0.0
Non-deliverable hedge on USD exposure to CNY \| Derivatives Not Designated as Hedging Instruments \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	(0.2)	(0.2)	0.0
Non-deliverable hedge on EUR exposure to CNY \| Derivatives Not Designated as Hedging Instruments \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	0.0	(0.1)	0.0
Non-deliverable hedge on JPY exposure to CNY \| Derivatives Not Designated as Hedging Instruments \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	(0.1)	(0.1)	0.0
Hedge of GBP Cash on USD Subsidiary [Member] \| Derivatives Not Designated as Hedging Instruments \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	(0.1)	0.0	0.0
Hedge of EUR cash-Swiss (2015 only), UK and USD subsidiaries \| Derivatives Not Designated as Hedging Instruments \| Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	0.5	(2.3)	0.0
Discontinued Operations \| Derivatives Designated as Hedging Instruments \| Net sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss Recorded in Income for the Year Ended December 31	$ 0.0	$ 0.0	$ 0.0

Contingencies (Details) $ in Millions																						3 Months Ended			12 Months Ended			36 Months Ended
Contingencies (Details) $ in Millions	Jan. 13, 2017 USD ($)	Sep. 08, 2016 USD ($)	Jun. 09, 2016 USD ($)	Dec. 15, 2015 USD ($)	Dec. 10, 2015 USD ($)	Dec. 04, 2015 USD ($)	Sep. 04, 2014 assessment	Jul. 01, 2014 USD ($)	Jun. 26, 2014 USD ($)	Apr. 17, 2014 USD ($)	Mar. 27, 2014 USD ($)	Jun. 21, 2013 USD ($)	Feb. 01, 2013 USD ($)	Dec. 18, 2012 USD ($)	Nov. 29, 2012 direct_purchaser_class_action_case	Oct. 04, 2012 USD ($)	Dec. 30, 2011 USD ($)	Dec. 22, 2011 USD ($)	May 23, 2011	Nov. 15, 2010	Apr. 16, 2009 USD ($)	Sep. 30, 2016 USD ($)	Jun. 30, 2016 USD ($)	Sep. 30, 2015 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2013 USD ($)	Apr. 11, 2013 direct_purchaser_class_action_case
Contingencies [Line Items]
Loss Contingency Accrual																									$ 3.2	$ 8.1	$ 83.9		$ 3.7
Loss Contingency Accrual, Payments																									(14.0)	(82.2)	(12.0)
Direct Purchaser and Indirect Purchaser Cases
Contingencies [Line Items]
Loss Contingency, Pending Claims, Number \| direct_purchaser_class_action_case																														2
Brazilian Value- Added Tax Matters
Contingencies [Line Items]
Loss Contingency, Damages Sought, Value		$ 3.7	$ 1.1						$ 0.8	$ 1.8	$ 0.9	$ 2.0	$ 0.2	$ 0.6		$ 1.5	$ 0.1	$ 2.3			$ 1.8				1.2
Loss Contingency, Estimate of Possible Loss																									21.0
Loss Contingency, Value Added Tax, Alleged Improper Offset				$ 0.0				$ 0.1
Brazilian Tax Credit Matters
Contingencies [Line Items]
Loss Contingency, Damages Sought, Value																									2.7
Pending Litigation [Member] \| Brazilian Value- Added Tax Matters
Contingencies [Line Items]
Loss Contingency, Deposits for Interest and Penalties																									12.5
Loss Contingency, Damages Sought, Value					$ 5.1	$ 4.8																						$ 4.1
Loss Contingency, Range of Possible Loss, Portion Not Accrued																									26.0
Loss Contingency, Estimate of Possible Loss																									21.0
Pending Litigation [Member] \| Brazilian Tax Credit Matters
Contingencies [Line Items]
Loss Contingency, Additional Assessments Issued, Number \| assessment							5
Pending Litigation [Member] \| Antitrust, Patent Infringement, And Other Matters [Member]
Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss																									5.0
Polyurethane Foam Antitrust Litigation \| Settled Litigation \| Direct Purchaser Class Action Cases
Contingencies [Line Items]
Loss Contingency, Damages Sought, Factor of Damages Allegedly Suffered																				300.00%
Polyurethane Foam Antitrust Litigation \| Settled Litigation \| Indirect Purchaser Class Action Cases [Member]
Contingencies [Line Items]
Loss Contingency, Damages Sought, Factor of Damages Allegedly Suffered																			300.00%
Lacrosse Furniture Company v.s. Future Foam, Inc. [Member] \| Pending Litigation [Member] \| Direct Purchaser and Indirect Purchaser Cases
Contingencies [Line Items]
Loss Contingency, New Claims Filed, Number \| direct_purchaser_class_action_case															1
CAP Carpet, Inc. v. Future Foam, Inc. [Member]
Contingencies [Line Items]
Loss Contingency, Damages Sought, Value																									$ 10.1
Loss Contingency, Damages Sought, Statutory Interest Rate																									10.00%
Continuing Operations
Contingencies [Line Items]
Loss Contingency Accrual, Provision																						$ 4.0	$ 7.0	$ 2.0	$ 7.1	5.7	56.8
Discontinued Operations
Contingencies [Line Items]
Loss Contingency Accrual, Provision																								$ 1.0	2.0	$ 0.7	$ 35.4
Maximum \| CAP Carpet, Inc. v. Future Foam, Inc. [Member]
Contingencies [Line Items]
Loss Contingency, Damages Sought, Value																									$ 30.0
Subsequent Event \| Lacrosse Furniture Company v.s. Future Foam, Inc. [Member]
Contingencies [Line Items]
Loss Contingency, Damages Sought, Value	$ 22.2
Loss Contingency, Damages Sought, Statutory Interest Rate	10.00%

Contingencies - Accrual for Probable Losses (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Loss Contingency Accrual [Roll Forward]
Litigation contingency accrual - Beginning of period				$ 8.1	$ 83.9	$ 3.7
Cash payments				14.0	82.2	12.0
Litigation contingency accrual - End of period				3.2	8.1	83.9
Continuing Operations
Loss Contingency Accrual [Roll Forward]
Loss Contingency Accrual, Provision	$ 4.0	$ 7.0	$ 2.0	7.1	5.7	56.8
Discontinued Operations
Loss Contingency Accrual [Roll Forward]
Loss Contingency Accrual, Provision			$ 1.0	$ 2.0	$ 0.7	$ 35.4

Quarterly Summary Of Earnings (Schedule Of Quarterly Summary Of Earnings) (Details) - USD ($)
$ / shares in Units, $ in Millions

1 Months Ended

3 Months Ended

12 Months Ended

Oct. 31, 2015

Dec. 31, 2016

Sep. 30, 2016

Jun. 30, 2016

Mar. 31, 2016

^[6]

Dec. 31, 2015

^[1],[2]

Sep. 30, 2015

Jun. 30, 2015

^[4],[5]

Mar. 31, 2015

^[6]

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Earnings from continuing operations before income taxes

$ 903.7

^[1],[2]

$ 948.9

^[3],[4]

$ 958.9

^[4],[5]

$ 938.4

$ 944.6

$ 1,009.1

^[3],[4]

$ 997.3

$ 966.2

$ 3,749.9

$ 3,917.2

$ 3,782.3

Gross profit

204.2

^[1],[2]

227.4

^[3],[4]

234.0

^[4],[5]

233.6

241.1

^[3],[4]

230.7

217.8

899.2

923.2

790.4

110.0

^[1],[2]

121.2

^[3],[4]

137.2

^[4],[5]

118.7

106.5

132.3

^[3],[4]

109.0

102.0

487.1

449.8

295.5

Earnings from continuing operations

83.0

^[1],[2]

93.6

^[3],[4]

99.5

^[4],[5]

91.0

81.8

96.2

^[3],[4]

76.7

73.3

367.1

328.0

225.2

Earnings (loss) from discontinued operations, net of tax

(1.3)

^[1],[2]

0.0

^[3],[4]

20.3

^[4],[5]

0.1

0.0

(0.1)

^[3],[4]

1.8

(0.5)

19.1

1.2

(124.0)

(Earnings) attributable to noncontrolling interest, net of tax

81.7

^[1],[2]

93.6

^[3],[4]

119.8

^[4],[5]

91.1

81.8

96.1

^[3],[4]

78.5

72.8

386.2

329.2

101.2

(0.1)

^[1],[2]

(0.1)

^[3],[4]

1.4

^[4],[5]

(1.6)

(1.3)

(0.9)

^[3],[4]

(0.8)

(1.1)

(0.4)

(4.1)

(3.2)

Net earnings attributable to Leggett & Platt, Inc. common shareholders

$ 81.6

^[1],[2]

$ 93.5

^[3],[4]

$ 121.2

^[4],[5]

$ 89.5

$ 80.5

$ 95.2

^[3],[4]

$ 77.7

$ 71.7

$ 385.8

$ 325.1

$ 98.0

Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders

Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders, Basic (in dollars per share)

$ 0.61

^[1],[2]

$ 0.68

^[3],[4]

$ 0.73

^[4],[5]

$ 0.64

$ 0.57

$ 0.68

^[3],[4]

$ 0.54

$ 0.51

$ 2.66

$ 2.30

$ 1.57

Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders, Diluted (in dollars per share)

0.60

^[1],[2]

0.67

^[3],[4]

0.72

^[4],[5]

0.63

0.57

0.67

^[3],[4]

0.53

0.50

2.62

2.27

1.55

Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders

Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders, Basic (in dollars per share)

(0.01)

^[1],[2]

0.00

^[3],[4]

0.15

^[4],[5]

0.00

^[3],[4]

0.01

0.00

0.14

0.01

(0.88)

Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders, Diluted (in dollars per share)

(0.01)

^[1],[2]

0.00

^[3],[4]

0.15

^[4],[5]

0.00

^[3],[4]

0.01

0.00

0.14

0.01

(0.87)

Net earnings per share attributable to Leggett & Platt, Inc. common shareholders

0.60

^[1],[2]

0.68

^[3],[4]

0.88

^[4],[5]

0.64

0.57

0.68

^[3],[4]

0.55

0.51

2.80

2.31

0.69

$ 0.59

^[1],[2]

$ 0.67

^[3],[4]

$ 0.87

^[4],[5]

$ 0.63

$ 0.57

$ 0.67

^[3],[4]

$ 0.54

$ 0.50

$ 2.76

$ 2.28

$ 0.68

Gain (Loss) on Disposition of Business

$ 3.7

^[7]

$ 4.1

$ 0.0

$ 16.0

$ 11.0

4.0

4.1

6.5

109.3

Settlements

$ 12.1

0.0

12.1

0.0

Quarterly Financial Information [Line Items]

Net earnings per share attributable to Leggett & Platt, Inc. common shareholders

899.8

840.8

812.8

Net earnings per share attributable to Leggett & Platt, Inc. common shareholders

3.7

0.0

Continuing Operations

Loss Contingency Accrual, Period Increase (Decrease)

3.7

4.1

0.0

$ 4.0

$ 7.0

$ 2.0

7.1

5.7

56.8

Continuing Operations | Specialized Products:

4.1

6.3

1.3

Settlements

$ 12.0

Net earnings per share attributable to Leggett & Platt, Inc. common shareholders

Net earnings per share attributable to Leggett & Platt, Inc. common shareholders

6.0

Discontinued Operations

Loss Contingency Accrual, Period Increase (Decrease)

0.0

108.0

$ 1.0

2.0

0.7

35.4