Leggett & Platt (LEG) 10-Q 7 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Oct. 13, 2017
Document Documentand Entity Information [Abstract]
Entity Registrant Name	LEGGETT & PLATT INC
Entity Central Index Key	58,492
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Trading Symbol	LEG
Amendment Flag	false
Entity Common Stock, Shares Outstanding		131,817,398

CONSOLIDATED CONDENSED BALANCE

CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
CURRENT ASSETS
Cash and cash equivalents	$ 342.9	$ 281.9
Trade receivables, net	554	450.8
Other receivables, net	31.8	35.8
Total net receivables	585.8	486.6
Inventories
Finished goods	266.8	255.7
Work in process	48.3	52.6
Raw materials and supplies	287	245.1
LIFO reserve	(44.1)	(33.8)
Total inventories, net	558	519.6
Prepaid expenses and other current assets	63	36.8
Total current assets	1,549.7	1,324.9
PROPERTY, PLANT AND EQUIPMENT—AT COST
Machinery and equipment	1,175.7	1,133.8
Buildings and other	625.5	559.4
Land	38.9	37.7
Total property, plant and equipment	1,840.1	1,730.9
Less accumulated depreciation	1,195.8	1,165.4
Net property, plant and equipment	644.3	565.5
OTHER ASSETS
Goodwill	821.4	791.3
Other intangibles, less accumulated amortization of $146.0 and $137.0 as of September 30, 2017 and December 31, 2016, respectively	171.8	164.9
Sundry	136.5	137.5
Total other assets	1,129.7	1,093.7
TOTAL ASSETS	3,323.7	2,984.1
CURRENT LIABILITIES
Current maturities of long-term debt	153.3	3.6
Accounts payable	381.8	351.1
Accrued expenses	264	257.7
Other current liabilities	92.4	94.2
Total current liabilities	891.5	706.6
LONG-TERM LIABILITIES
Long-term debt	1,044.4	956.2
Other long-term liabilities	152	173
Deferred income taxes	63	54.3
Total long-term liabilities	1,259.4	1,183.5
COMMITMENTS AND CONTINGENCIES
EQUITY
Common stock	2	2
Additional contributed capital	513.9	506.2
Retained earnings	2,523.9	2,410.5
Accumulated other comprehensive loss	(36.9)	(113.6)
Treasury stock	(1,830.7)	(1,713.5)
Total Leggett & Platt, Inc. equity	1,172.2	1,091.6
Noncontrolling interest	0.6	2.4
Total equity	1,172.8	1,094
TOTAL LIABILITIES AND EQUITY	$ 3,323.7	$ 2,984.1

CONSOLIDATED CONDENSED BALANCE3

CONSOLIDATED CONDENSED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Other intangibles, accumulated amortization	$ 146	$ 137

CONSOLIDATED CONDENSED STATEMEN

CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Income Statement [Abstract]
Net sales	$ 1,009.7	$ 948.9	$ 2,959.3	$ 2,846.2
Cost of goods sold	793.9	721.5	2,287.4	2,151.2
Gross profit	215.8	227.4	671.9	695
Selling and administrative expenses	95.7	93.9	307.1	298.7
Amortization of intangibles	6.2	5.2	16	15.1
Impairments	4.5	0.3	4.6	4
Net (gain) loss from sale of assets and businesses	1.1	0.1	0.5	(20.6)
Other (income) expense, net	(0.9)	(2.3)	(3.7)	(6)
Earnings from continuing operations before interest and income taxes	109.2	130.2	347.4	403.8
Interest expense	10.2	9.9	31.2	29.4
Interest income	1.7	0.9	5.2	2.7
Earnings from continuing operations before income taxes	100.7	121.2	321.4	377.1
Income taxes	17.2	27.6	64.2	93
Earnings from continuing operations	83.5	93.6	257.2	284.1
Earnings (loss) from discontinued operations, net of tax	(0.9)	0	(0.9)	20.4
Net earnings	82.6	93.6	256.3	304.5
Earnings attributable to noncontrolling interest, net of tax	0	(0.1)	0	(0.3)
Net earnings attributable to Leggett & Platt, Inc. common shareholders	$ 82.6	$ 93.5	$ 256.3	$ 304.2
Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders
Basic (in dollars per share)	$ 0.62	$ 0.68	$ 1.89	$ 2.05
Diluted (in dollars per share)	0.61	0.67	1.87	2.02
Earnings (loss) per share from discontinued operations attributable to Leggett & Platt, Inc. common shareholders
Basic (in dollars per share)	(0.01)	0	(0.01)	0.15
Diluted (in dollars per share)	(0.01)	0	(0.01)	0.15
Earnings per share from continuing operations attributable to Leggett & Platt, Inc. common shareholders
Basic (in dollars per share)	0.61	0.68	1.88	2.20
Diluted (in dollars per share)	0.60	0.67	1.86	2.17
Cash dividends declared per share (in dollars per share)	$ 0.36	$ 0.34	$ 1.06	$ 1
Weighted average shares outstanding
Basic (in shares)	135.7	137.4	136.1	138.1
Diluted (in shares)	136.9	139.4	137.5	140.2

CONSOLIDATED CONDENSED STATEME5

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement of Comprehensive Income [Abstract]
Net earnings	$ 82.6	$ 93.6	$ 256.3	$ 304.5
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, including acquisition of non-controlling interest	25.8	(2.1)	69.9	3.4
Cash flow hedges	0.8	2.3	5.4	8.3
Defined benefit pension plans	0.4	0.6	1.5	2.2
Other comprehensive income	27	0.8	76.8	13.9
Comprehensive income	109.6	94.4	333.1	318.4
Less: comprehensive income attributable to noncontrolling interest	0	(1.1)	(0.1)	(0.3)
Comprehensive income attributable to Leggett & Platt, Inc.	$ 109.6	$ 93.3	$ 333	$ 318.1

CONSOLIDATED CONDENSED STATEME6

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
OPERATING ACTIVITIES
Net earnings	$ 256.3	$ 304.5
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation	71.2	65.1
Amortization of intangibles and debt issuance costs	23.2	21.3
Provision for losses on accounts and notes receivable	0.3	2.1
Writedown of inventories	2.9	4.2
Goodwill impairment	1.3	3.7
Long-lived asset impairments	3.3	0.3
Net gain (loss) from sales of assets and businesses	0.2	(21.5)
Pension contributions, net of expense	(7.9)	(3.2)
Deferred income tax expense	6	18.3
Stock-based compensation	28.1	28.6
Other, net	(5.7)	(1.9)
Increases/decreases in, excluding effects from acquisitions and divestitures:
Accounts and other receivables	(79.3)	(41)
Inventories	(39.5)	(20.3)
Other current assets	(11.5)	0.8
Accounts payable	14.4	27.9
Accrued expenses and other current liabilities	(1.8)	(3.2)
NET CASH PROVIDED BY OPERATING ACTIVITIES	261.5	385.7
INVESTING ACTIVITIES
Additions to property, plant and equipment	(119)	(83.1)
Purchases of companies, net of cash acquired	(39)	(28)
Proceeds from sales of assets and businesses	12.6	54.2
Other, net	(10.1)	(8.7)
NET CASH USED FOR INVESTING ACTIVITIES	(155.5)	(65.6)
FINANCING ACTIVITIES
Payments on long-term debt	(6.4)	(4.8)
Additions to long-term debt	0.6	0.2
Change in commercial paper and short-term debt	234.2	101.4
Dividends paid	(138)	(132)
Issuances of common stock	2	4
Purchases of common stock	(156.8)	(181.4)
Purchase of remaining interest in noncontrolling interest	(2.6)	(35.2)
Other, net	(2)	(2.9)
NET CASH USED FOR FINANCING ACTIVITIES	(69)	(250.7)
EFFECT OF EXCHANGE RATE CHANGES ON CASH	24	(5.3)
INCREASE IN CASH AND CASH EQUIVALENTS	61	64.1
CASH AND CASH EQUIVALENTS—January 1,	281.9	253.2
CASH AND CASH EQUIVALENTS—September 30,	$ 342.9	$ 317.3

INTERIM PRESENTATION

INTERIM PRESENTATION	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
INTERIM PRESENTATION	INTERIM PRESENTATION The interim financial statements of Leggett & Platt, Incorporated (“we”, “us” or “our”) included herein have not been audited by an independent registered public accounting firm. The statements include all adjustments, including normal recurring accruals, which management considers necessary for a fair statement of our financial position and operating results for the periods presented. We have prepared the statements pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP") have been condensed or omitted pursuant to such rules and regulations. The operating results for interim periods are not necessarily indicative of results to be expected for an entire year. The December 31, 2016 financial position data included herein was derived from the audited consolidated financial statements included in Form 10-K, but does not include all disclosures required by GAAP. For further information, refer to the financial statements and footnotes included in our annual report on Form 10-K for the year ended December 31, 2016. Reclassifications Certain reclassifications have been made to the prior period's information in the Notes to the Consolidated Condensed Financial Statements to conform to the first quarter 2017 segment reporting changes in our management structure and all related internal reporting, as well as the presentation of LIFO expense or benefit within the segments to which they relate (See Note 4 - Segment Information). These reclassifications did not impact our consolidated earnings or assets of the company, and all prior periods presented have been restated to conform with these changes.

ACCOUNTING STANDARD UPDATES

ACCOUNTING STANDARD UPDATES	9 Months Ended
	Sep. 30, 2017
Accounting Changes and Error Corrections [Abstract]
ACCOUNTING STANDARD UPDATES	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. The FASB has issued accounting guidance, in addition to the items discussed below, effective for future periods which we do not believe will have a material impact on our future financial statements. Adopted in 2017: • ASU 2016-16 "Accounting for Income Taxes: Intra-Entity Asset Transfers of Assets Other than Inventory": Eliminates deferral of the tax effects of all intra-entity asset sales other than inventory, resulting in tax expense being recorded on the sale of the asset in the seller's tax jurisdiction when the sale occurs, even though the pretax effects of the transaction are eliminated in consolidation. Any deferred tax asset arising in the buyer's jurisdiction is also recognized at the time of sale. We adopted this guidance in the first quarter of 2017. The modified retrospective approach was required, and as a result, we recorded a $1.2 increase to beginning retained earnings on January 1, 2017. Adoption of this new guidance did not materially impact our 2017 Consolidated Condensed Statements of Operations. To be adopted in future years: • ASU 2014-09 “Revenue from Contracts with Customers” (Topic 606): Supersedes most of the existing authoritative literature for revenue recognition and prescribes a five-step model for recognizing revenue from contracts with customers. This standard was issued in 2015 and was subsequently amended several times in 2016. We expect to adopt the standard effective January 1, 2018. In the areas discussed below, we do not expect the adoption of this standard to materially impact our future statements of operations, total assets, or cash flows. We will transition to the new standard using the modified retrospective method. Under the modified retrospective method, there is an adjustment to equity as of the beginning of the period of adoption for the cumulative effect of existing contracts. 2017 and earlier years will be presented under legacy GAAP. 2018 will be presented under the new standard for existing and new contracts. The footnotes will disclose existing and new contracts under both the new standard and legacy GAAP. We have identified certain contracts containing provisions that will require the recognition of revenue over time. Generally these provisions provide us with a contractual right to payment (including a normal profit) for goods in a finished goods status in the event of the termination of the contract. For customers where this provision exists, and where the finished good is highly customized with no alternative use, Topic 606 requires that revenue be recognized over time. To recognize revenue over time, measures of progress toward satisfaction of the performance obligation must be established. However, Topic 606 precludes utilizing the shipment of the promised good as a measure of progress. Thus, we believe revenue will be required to be recognized at the point the goods reach a finished status (as opposed to current accounting standards which recognize revenue when title and risk of loss pass to the customer). These contract provisions generally only provide for cost reimbursement for raw materials and work-in-process, therefore no revenue can be recognized during these stages. The revenue and corresponding cost of sales impact (relative to revenue accounting standards) will be dependent on the balance of finished goods at the beginning and end of each reporting period. Based on an analysis incorporating the beginning of year 2017 finished good balances compared to our September 30, 2017 finished goods balances, we do not expect the income statement impact to be material. However, provision changes in future contracts, changes in the balances of finished goods inventories that meet the over-time revenue recognition criteria, changes in the costs of those goods, and changes in selling prices of those goods will impact the ultimate amount of revenue recognized under the new standard. On our balance sheet, our finished goods inventory balances are expected to be reduced compared to the current accounting standard. We would record a contract asset for the transaction price for these finished goods that meet the over-time revenue recognition criteria, and reduce our finished goods inventories (with corresponding increases to sales and cost of sales). The impact on our total assets is not expected to be material. Also, certain business units have tooling arrangements with customers that support our production of goods for these customers. We do not produce tooling as a material trade revenue source. The terms of these tooling arrangements vary by customer. We continue to evaluate the accounting treatment for our tooling arrangements, however, we do not expect the adoption of Topic 606 relative to our tooling arrangement to materially impact our net earnings. The new revenue standard is principle based and interpretation of those principles may vary from company to company based on their unique circumstances. As companies and the accounting profession continue to work toward implementation, it is possible that interpretation, industry practice, and guidance may evolve. As we continue our evaluation of this new standard, new information may arise that could change our current understanding of the impact to revenue and expense recognized. Additionally, we will continue to monitor industry activities and evaluate any additional guidance provided by regulators, standards setters, or the accounting profession and adjust our assessment and implementation plans accordingly. Implementation of any required changes to our systems and processes, including updating our internal controls is expected to be completed prior to adoption. As disclosed in the prior quarter, we will elect to apply the practical expedients related to customer payments received in one year or less from the date the promised goods were transfered, sales taxes, and shipping and handling activities. • 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 evaluating its impact on our Consolidated Condensed Statements of Operations and Cash Flows. • ASU 2017-04, "Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment": This ASU simplifies the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. Under this ASU, the annual goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge would be recognized for the amount by which the carrying amount exceeds the reporting unit's fair value up to the total amount of goodwill for the reporting unit. This ASU will be effective January 1, 2020, with early adoption permitted. We are currently evaluating this guidance, and do not expect it to materially impact our future financial statements. • 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 2017-07 "Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost" are currently being evaluated. However, we do not expect these updates to materially impact our future financial statements. • A SU 2017-12 “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities”: This ASU is intended to simplify and clarify the accounting and disclosure requirements for hedging activities by more closely aligning the results of cash flow and fair value hedge accounting with the risk management activities of an entity. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018, with early adoption permitted. We are currently evaluating the effect of the ASU on our results of operations, financial condition or cash flows.

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2017
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES Approximately 50% of our inventories are valued using the Last-In, First-Out (LIFO) cost method and the remainder using the First-In, First-Out (FIFO) cost method. We calculate our LIFO reserve (the excess of FIFO cost over LIFO cost) on an annual basis. During interim periods, we estimate the current year annual change in the LIFO reserve (i.e., the annual LIFO expense or benefit) and allocate that change ratably to the four quarters. Because accurately predicting inventory prices for the year is difficult, the change in the LIFO reserve for the full year could be significantly different from the amount currently estimated. In addition, a variation in expected ending inventory levels could also impact total change in the LIFO reserve for the year. The following table contains the LIFO expense (benefit) included in continuing operations for each of the periods presented. Nine Months Ended September 30, Three Months Ended September 30, 2017 2016 2017 2016 LIFO expense (benefit) $ 12.0 $ 2.6 $ 9.5 $ (4.6 )

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
SEGMENT INFORMATION	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 3 - Inventories). 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 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 lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. We also produce and distribute 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 from continuing operations are shown in the following tables. Trade Sales Inter- Segment Sales Total Sales EBIT Three Months Ended September 30, 2017 Residential Products $ 426.7 $ 4.5 $ 431.2 $ 50.5 Industrial Products 71.2 63.8 135.0 1.1 Furniture Products 284.0 3.7 287.7 24.5 Specialized Products 227.8 1.9 229.7 34.2 Intersegment eliminations and other (1.1 ) $ 1,009.7 $ 73.9 $ 1,083.6 $ 109.2 Three Months Ended September 30, 2016 Residential Products $ 403.2 $ 4.1 $ 407.3 $ 45.1 Industrial Products 71.4 73.3 144.7 16.9 Furniture Products 254.6 11.2 265.8 26.4 Specialized Products 219.7 1.5 221.2 40.6 Intersegment eliminations and other 1.2 $ 948.9 $ 90.1 $ 1,039.0 $ 130.2 Trade Sales Inter- Segment Sales Total Sales EBIT Nine Months Ended September 30, 2017 Residential Products $ 1,225.8 $ 13.5 $ 1,239.3 $ 143.2 Industrial Products 216.9 192.7 409.6 17.0 Furniture Products 816.0 14.4 830.4 65.1 Specialized Products 700.6 5.5 706.1 121.3 Intersegment eliminations and other .8 $ 2,959.3 $ 226.1 $ 3,185.4 $ 347.4 Nine Months Ended September 30, 2016 Residential Products $ 1,201.4 $ 13.2 $ 1,214.6 $ 130.4 Industrial Products 228.4 223.6 452.0 50.0 Furniture Products 741.5 49.5 791.0 82.5 Specialized Products 674.9 5.0 679.9 138.8 Intersegment eliminations and other 2.1 $ 2,846.2 $ 291.3 $ 3,137.5 $403.8 Average assets for our segments are shown in the table below and reflect the basis for return measures used by management to evaluate segment performance. These segment totals include working capital (all current assets and current liabilities) plus net property, plant and equipment. Segment assets for all years are reflected at their estimated average for the periods presented. September 30, December 31, Residential Products $ 552.4 $ 527.2 Industrial Products 147.2 147.4 Furniture Products 243.1 219.4 Specialized Products 270.6 248.7 Other (1) — .2 Average current liabilities included in segment numbers above 545.8 495.9 Unallocated assets (2) 1,476.9 1,378.3 Difference between average assets and period-end balance sheet 87.7 (33.0 ) Total assets $ 3,323.7 $ 2,984.1 (1) Businesses sold or classified as discontinued operations. (2) Unallocated assets consist primarily of goodwill, other intangibles, cash and deferred tax assets.

DISCONTINUED OPERATIONS AND ASS

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE	9 Months Ended
	Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE	DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE Discontinued Operations During the second quarter of 2016 we received proceeds from an antitrust litigation settlement of approximately $38.0 ( $25.0 after tax) of which $31.4 ( $19.8 after tax) was associated with our former Prime Foam Products unit. Additionally, during the third quarter of 2017 we settled our final antitrust litigation associated with this same unit for a cash payment that was not material to the company and was not materially different from the amount previously accrued for the claim. This unit was sold in March 2007 and was previously part of the Residential Products Segment. We had no other material discontinued operations at September 30, 2017. Assets Held for Sale Net assets held for sale by segment were as follows: September 30, 2017 December 31, 2016 Assets Liabilities Net Assets Assets Liabilities Net Assets Residential Products $ 2.4 $ — $ 2.4 $ 2.4 $ — $ 2.4 Industrial Products 15.6 2.3 13.3 3.2 — 3.2 Specialized Products 5.4 — 5.4 5.4 — 5.4 $ 23.4 $ 2.3 $ 21.1 $ 11.0 $ — $ 11.0 The major classes of assets and liabilities held for sale included in the Consolidated Condensed Balance Sheets were as follows: September 30, 2017 December 31, 2016 Current assets held for sale not associated with discontinued operations (included in "Other current assets") (1) $ 10.7 $ — Non-current assets held for sale not associated with discontinued operations (included in "Sundry") (1) (2) 12.7 11.0 Total assets held for sale 23.4 11.0 Current liabilities held for sale not associated with discontinued operations (included in "Other current liabilities") (1) 2.1 — Non-current liabilities held for sale not associated with discontinued operations (included in "Other long-term liabilities") (1) .2 — Total liabilities held for sale 2.3 — Net assets held for sale $ 21.1 $ 11.0 (1) A small Wire Products business within the Industrial Products segment reached held-for-sale status in the third quarter of 2017, but did not qualify for discontinued operations treatment. We recognized impairment charges of $4.6 for this held-for-sale operation, as discussed in Note 6 on page 14. (2) This table includes $10.7 and $11.0 of property, plant and equipment held for sale at September 30, 2017, and December 31, 2016, respectively, primarily associated with the closings of various operations and prior year restructurings. Other Divestitures The following businesses were divested during the periods presented, but did not meet discontinued operations criteria. Quarter Nine Months Ended September 30, Three Months Ended September 30, Divested 2017 2016 2017 2016 Trade sales: Residential Products: Machinery operation Fourth quarter 2016 $ — $ 2.7 $ — $ .9 Industrial Products: Wire Products operation Fourth quarter 2016 — 14.0 — 5.0 Wire Products operation Second quarter 2016 — 19.5 — — Specialized Products: Commercial Vehicle Products (CVP) operation Second quarter 2016 — 15.3 — — CVP operation Third quarter 2017 $ 25.1 $ 46.6 $ 3.7 $ 13.6 Total trade sales $ 25.1 $ 98.1 $ 3.7 $ 19.5 EBIT: Residential Products: Machinery operation Fourth quarter 2016 $ — $ (.2 ) $ — $ (.2 ) Industrial Products: Wire Products operation Fourth quarter 2016 — .5 — .3 Wire Products operation Second quarter 2016 — 1.2 — — Specialized Products: CVP operation Second quarter 2016 — 2.8 — — CVP operation Third quarter 2017 $ (2.3 ) $ 2.7 $ (1.0 ) $ .3 Total EBIT $ (2.3 ) $ 7.0 $ (1.0 ) $ .4 In the third quarter of 2017, we realized a pre-tax loss of $3.3 related to the sale of our remaining CVP operation. We also completed the sale of real estate associated with this operation in October 2017, and will realize a pre-tax gain in the fourth quarter of $23.4 . In 2016, we realized pre-tax gains of $21.2 related to the sales of certain Wire Products operations and $11.2 related to the sale of part of the CVP operation. No other material gains or losses were realized on the sale of other businesses.

IMPAIRMENTS CHARGES

IMPAIRMENTS CHARGES	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
IMPAIRMENT CHARGES	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." Nine Months Ended September 30, Three Months Ended September 30, 2017 2016 2017 2016 Goodwill Other Long-Lived Assets Total Goodwill Other Long-Lived Assets Total Goodwill Other Long-Lived Assets Total Goodwill Other Long-Lived Assets Total Residential Products $ — $ — $ — $ — $ .3 $ .3 $ — $ — $ — $ — $ .3 $ .3 Furniture Products — — — — — — — (.1 ) (.1 ) — — — Industrial Products - Wire Products Unit 1.3 3.3 4.6 — — — 1.3 3.3 4.6 — — — Specialized Products-CVP unit — — — 3.7 — 3.7 — — — — — — Total impairment charges $ 1.3 $ 3.3 $ 4.6 $ 3.7 $ .3 $ 4.0 $ 1.3 $ 3.2 $ 4.5 $ — $ .3 $ .3 Other Long-Lived Assets 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 Impairment Reviews We test goodwill for impairment at the reporting unit level (the business groups that are one level below the operating segments) when triggering events occur, or at least annually. We perform our annual goodwill impairment review in the second quarter. In evaluating goodwill for impairment, we first assess qualitative factors to determine if it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If after such assessment, with regard to each reporting unit, we conclude that the goodwill of a reporting unit is not impaired, then no further testing is required (commonly referred to as the Step Zero Analysis approach). For those reporting units where potential impairment indicators exist (based on the Step Zero Analysis), 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 estimated fair value of the reporting unit exceeds its carrying value, no further analysis is needed. In our Step Zero Analysis, we consider 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 as well as other matters as appropriate. 2017 The 2017 annual goodwill impairment review indicated no goodwill impairments. We performed a Step Zero Analysis for our annual goodwill review for each of our reporting units, and concluded that it was more likely than not that the fair value of all reporting units, except for two, exceeded their carrying values. Because sales and profits for two reporting units were less than expected, we performed a quantitative analysis for our Work Furniture and Aerospace reporting units under the two-step model. These reporting units were determined to have a fair value in excess of their carrying amounts of at least 75% . During the third quarter of 2017, a small Wire Products business within the Industrial Products segment reached held-for-sale status. Because fair value less costs-to-sell had fallen below the carrying amount, we fully impaired $1.3 of goodwill in the third quarter of 2017. 2016 Because all reporting units had fair values that exceeded carrying values (fair value over carrying value divided by carrying value) by a range of 115% to 600% during the 2015 testing (performed on a quantitative analysis for all reporting units), we performed a Step Zero Analysis. 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. As discussed in Note 5 on page 12, the our remaining CVP operation was sold in the third quarter of 2017 and the real estate was sold in October 2017.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic and diluted earnings per share were calculated as follows: Nine Months Ended Three Months Ended 2017 2016 2017 2016 Earnings: Earnings from continuing operations $ 257.2 $ 284.1 $ 83.5 $ 93.6 Earnings attributable to noncontrolling interest, net of tax — (.3 ) — (.1 ) Net earnings from continuing operations attributable to Leggett & Platt, Inc. common shareholders 257.2 283.8 83.5 93.5 Earnings from discontinued operations, net of tax (.9 ) 20.4 (.9 ) — Net earnings attributable to Leggett & Platt, Inc. common shareholders $ 256.3 $ 304.2 $ 82.6 $ 93.5 Weighted average number of shares (in millions): Weighted average number of common shares used in basic EPS 136.1 138.1 135.7 137.4 Dilutive effect of stock-based compensation 1.4 2.1 1.2 2.0 Weighted average number of common shares and dilutive potential common shares used in diluted EPS 137.5 140.2 136.9 139.4 Basic and Diluted EPS: Basic EPS attributable to Leggett & Platt, Inc. common shareholders Continuing operations $ 1.89 $ 2.05 $ .62 $ .68 Discontinued operations (.01 ) .15 (.01 ) — Basic EPS attributable to Leggett & Platt, Inc. common shareholders $ 1.88 $ 2.20 $ .61 $ .68 Diluted EPS attributable to Leggett & Platt, Inc. common shareholders Continuing operations $ 1.87 $ 2.02 $ .61 $ .67 Discontinued operations (.01 ) .15 (.01 ) — Diluted EPS attributable to Leggett & Platt, Inc. common shareholders $ 1.86 $ 2.17 $ .60 $ .67 Other information: Anti-dilutive shares excluded from diluted EPS computation — — .1 —

ACCOUNTS AND OTHER RECEIVABLES

ACCOUNTS AND OTHER RECEIVABLES	9 Months Ended
	Sep. 30, 2017
Receivables [Abstract]
ACCOUNTS AND OTHER RECEIVABLES	ACCOUNTS AND OTHER RECEIVABLES Accounts and other receivables consisted of the following: September 30, 2017 December 31, 2016 Current Long-term Current Long-term Trade accounts receivable $ 559.1 $ — $ 456.5 $ — Trade notes receivable .8 1.5 1.5 .7 Total trade receivables 559.9 1.5 458.0 .7 Other notes receivable — 24.7 — 24.6 Income tax receivables 9.0 — 9.1 — Other receivables 22.8 — 26.7 — Subtotal other receivables 31.8 24.7 35.8 24.6 Total trade and other receivables 591.7 26.2 493.8 25.3 Allowance for doubtful accounts: Trade accounts receivable (5.8 ) — (7.1 ) — Trade notes receivable (.1 ) (.1 ) (.1 ) (.2 ) Total trade receivables (5.9 ) (.1 ) (7.2 ) (.2 ) Other notes receivable — — — — Total allowance for doubtful accounts (5.9 ) (.1 ) (7.2 ) (.2 ) Total net receivables $ 585.8 $ 26.1 $ 486.6 $ 25.1 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, 2016 2017 Charges 2017 Charge- offs, Net of Recoveries Balance at September 30, 2017 Trade accounts receivable $ 7.1 $ .4 $ 1.7 $ 5.8 Trade notes receivable .3 (.1 ) — .2 Total trade receivables 7.4 .3 1.7 6.0 Other notes receivable — — — — Total allowance for doubtful accounts $ 7.4 $ .3 $ 1.7 $ 6.0

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION The following table recaps the components of stock-based and stock-related compensation for each period presented: Nine Months Ended Nine Months Ended To be settled with stock To be settled in cash To be settled with stock To be settled in cash Options: Amortization of the grant date fair value $ — $ — $ 1.0 $ — Cash payments in lieu of options — — — 1.0 Stock-based retirement plans contributions 4.2 .9 5.1 1.0 Discounts on various stock awards: Deferred Stock Compensation Program 1.6 — 1.6 — Stock-based retirement plans 1.0 — 1.1 — Discount Stock Plan .9 — .8 — Performance Stock Unit awards (1) 4.0 (.7 ) 3.7 4.5 Restricted Stock Unit awards 1.9 — 2.0 — Profitable Growth Incentive awards (2) 1.1 1.1 1.2 .8 Other, primarily non-employee directors restricted stock .7 — .8 — Total stock-related compensation expense 15.4 $ 1.3 17.3 $ 7.3 Employee contributions for above stock plans 12.7 11.3 Total stock-based compensation $ 28.1 $ 28.6 Tax benefits on stock-based compensation expense $ 5.5 $ 6.3 Tax benefits on stock-based compensation payments 11.4 17.1 Total tax benefits associated with stock-based compensation $ 16.9 $ 23.4 Three Months Ended Three Months Ended September 30, 2017 September 30, 2016 To be settled with stock To be settled in cash To be settled with stock To be settled in cash Options: Amortization of the grant date fair value $ — $ — $ — $ — Cash payments in lieu of options — — — — Stock-based retirement plans contributions .6 .2 1.6 .3 Discounts on various stock awards: Deferred Stock Compensation Program .4 — .5 — Stock-based retirement plans .3 — .4 — Discount Stock Plan .3 — .3 — Performance Stock Unit awards (1) 1.3 (2.8 ) 1.2 .1 Restricted Stock Unit awards .7 — .6 — Profitable Growth Incentive awards (2) .3 .2 (1.3 ) (1.2 ) Other, primarily non-employee directors restricted stock .2 — .1 — Total stock-related compensation expense 4.1 $ (2.4 ) 3.4 $ (.8 ) Employee contributions for above stock plans 3.8 3.4 Total stock-based compensation $ 7.9 $ 6.8 Tax benefits on stock-based compensation expense $ 1.4 $ 1.2 Tax benefits on stock-based compensation payments 1.3 8.8 Total tax benefits associated with stock-based compensation $ 2.7 $ 10.0 Included below is the activity in our most significant stock-based plans: (1) Performance Stock Unit Awards We grant Performance Stock Unit (PSU) awards in the first quarter of each year to selected officers and other key managers. Expense is recognized using the straight-line method over the three -year vesting period. These awards contain the following conditions: • A service requirement—Awards generally “cliff” vest three years following the grant date; and • A market condition—Awards are based on our Total Shareholder Return [TSR = (Change in Stock Price + Dividends) / Beginning Stock Price] as compared to the TSR of a group of peer companies. The peer group consists of all the companies in the Industrial, Materials and Consumer Discretionary sectors of the S&P 500 and S&P Midcap 400 (approximately 320 companies). Participants will earn from 0% to 175% of the base award depending upon how our Total Shareholder Return ranks within the peer group at the end of the 3 -year performance period. Grant date fair values are calculated using a Monte Carlo simulation of stock and volatility data for Leggett and each of the peer companies. Below is a summary of the number of shares and related grant date fair value of PSU’s for the periods presented. Nine Months Ended September 30, 2017 2016 Total shares base award .1 .1 Grant date per share fair value $ 50.75 $ 40.16 Risk-free interest rate 1.5 % 1.3 % Expected life in years 3.0 3.0 Expected volatility (over expected life) 19.5 % 19.2 % Expected dividend yield (over expected life) 2.8 % 3.1 % 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 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 For outstanding awards, we intend to pay 65% in shares of our common stock, although we reserve the right to pay up to 100% in cash. The additional amount that represents 35% of the award will be settled in cash, and is recorded as a liability and adjusted to fair value at each reporting period. (2) Profitable Growth Incentive Awards Certain key management employees participate in a Profitable Growth Incentive (PGI) program. The PGI awards are issued 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 at the end of a two -year performance period. The 2017 and 2016 base target PGI awards 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 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 Number of Shares Distributed Cash Portion Distribution Date 2014 December 31, 2015 224.7% .2 million $ 6.7 March 2016 2015 December 31, 2016 36.0% <.1 million $ .8 March 2017

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Sep. 30, 2017
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS The following table contains the estimated fair values (using inputs as discussed in Note 13 on page 25) of the assets acquired and liabilities assumed at the date of acquisition for all acquisitions during the periods presented. The majority of the goodwill included in the table below is expected to provide an income tax benefit. Nine Months Ended September 30, 2017 2016 Accounts receivable $ 10.0 $ 4.6 Inventory 6.3 5.3 Property, plant and equipment 14.6 2.8 Goodwill 12.8 5.8 Other intangible assets, primarily customer-related intangibles 19.5 14.8 Other current and long-term assets 1.1 — Current liabilities (4.6 ) (4.0 ) Long-term liabilities (5.6 ) — Non-controlling interest (.5 ) — Fair value of net identifiable assets 53.6 29.3 Additional consideration payable (2.8 ) (1.8 ) Additional consideration receivable — .2 Additional consideration for prior year acquisitions — .3 Common stock issued for acquired companies (11.8 ) — Net cash consideration $ 39.0 $ 28.0 The following table summarizes acquisitions for the periods presented. Nine Months Ended Number of Acquisitions Segment Product/Service September 30, 2017 3 Residential Products; Distributor and installer of geosynthetic products; Carpet cushion; Furniture Products Surface-critical bent tube components September 30, 2016 2 Residential Products; Specialized Products Distributor of geosynthetic products; Fabricated tubing and pipe assemblies We are finalizing all the information required to complete the purchase price allocations related to certain 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 2017 and 2016 acquisitions had occurred on January 1 of the comparable prior annual reporting period 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 September 30, 2017 and December 31, 2016, our liability for these future payments was $16.2 ( $9.0 current and $7.2 long-term) and $14.5 ( $2.4 current and $12.1 long-term), respectively. Components of the liability are based on estimates and future events, and the amounts may fluctuate significantly until the payment dates. A brief description of our acquisition activity by year for the periods presented is included below. 2017 In 2017, we acquired three businesses: • A distributor and installer of geosynthetic products, expands the geographic scope and capabilities of our Geo Components business. • A manufacturer of surface-critical bent tube components in support of the private-label finished seating strategy in our Work Furniture business. • A carpet underlay manufacturer, provides additional production capacity in our Carpet Cushion business. These businesses broaden our geographic scope, capabilities, and product offerings, and added $12.8 ( $8.9 to Residential Products and $3.9 to Furniture Products) of goodwill. We also acquired the remaining 20% ownership in an Asian joint venture in our Work Furniture business for $2.6 . 2016 We acquired a distributor of geosynthetic products that expands our presence in the converting and distribution of geotextiles and geosynthetic products. We expanded our Aerospace Products business unit with the acquisition of a U.S. fabricated tubing business. This operation expands our tube forming and fabrication capabilities, and adds precision machining to our aerospace platform.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	9 Months Ended
	Sep. 30, 2017
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS The following table provides interim information as to our domestic and foreign defined benefit pension plans. Employer contributions for 2017 are expected to approximate $14.8 . This increase compared to our 2016 employer contributions of $9.8 is due to our current year funding strategy, which incorporates, among other things, Pension Benefit Guaranty Corporation (PBGC) premiums, tax planning, and expectations of future funding requirements. Nine Months Ended Three Months Ended 2017 2016 2017 2016 Components of net pension expense Service cost $ 3.8 $ 3.4 $ 1.3 $ 1.1 Interest cost 8.3 8.7 2.7 2.8 Expected return on plan assets (10.1 ) (9.8 ) (3.4 ) (3.3 ) Recognized net actuarial loss 3.5 3.4 1.2 1.0 Net pension expense $ 5.5 $ 5.7 $ 1.8 $ 1.6

STATEMENT OF CHANGES IN EQUITY

STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME	STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Nine Months Ended September 30, 2017 Total Equity Retained Earnings Common Stock & Additional Contributed Capital Treasury Stock Noncontrolling Interest Accumulated Other Comprehensive Income (Loss) Beginning balance, January 1, 2017 $ 1,094.0 $ 2,410.5 $ 508.2 $ (1,713.5 ) $ 2.4 $ (113.6 ) Effect of accounting change on prior years (See Note 2) 1.2 1.2 — — — — Adjusted beginning balance, January 1, 2017 1,095.2 2,411.7 508.2 (1,713.5 ) 2.4 (113.6 ) Net earnings 256.3 256.3 — — — — (Earnings) loss attributable to noncontrolling interest, net of tax — — — — — — Dividends declared (140.2 ) (144.1 ) 3.9 — — — Treasury stock purchased (161.0 ) — — (161.0 ) — — Treasury stock issued 28.0 — (15.8 ) 43.8 — — Foreign currency translation adjustments 69.9 — — — .1 69.8 Cash flow hedges, net of tax 5.4 — — — — 5.4 Defined benefit pension plans, net of tax 1.5 — — — — 1.5 Stock-based compensation transactions, net of tax 20.3 — 20.3 — — — Purchase of remaining interest in noncontrolling interest, net of acquisitions (2.6 ) — (.7 ) — (1.9 ) — Ending balance, September 30, 2017 $ 1,172.8 $ 2,523.9 $ 515.9 $ (1,830.7 ) $ .6 $ (36.9 ) Nine Months Ended September 30, 2016 Total Equity Retained Earnings Common Stock & Additional Contributed Capital Treasury Stock Noncontrolling Interest Accumulated Other Comprehensive Income (Loss) Beginning balance, January 1, 2016 $ 1,097.7 $ 2,209.2 $ 531.5 $ (1,564.0 ) $ 12.1 $ (91.1 ) Net earnings 304.5 304.5 — — — — (Earnings) loss attributable to noncontrolling interest, net of tax — (.3 ) — — .3 — Dividends declared (134.0 ) (137.8 ) 3.8 — — — Dividends paid to noncontrolling interest (1.6 ) — — — (1.6 ) — Treasury stock purchased (193.8 ) — — (193.8 ) — — Treasury stock issued 32.4 — (24.5 ) 56.9 — — Foreign currency translation adjustments 2.4 — — — — 2.4 Cash flow hedges, net of tax 8.3 — — — — 8.3 Defined benefit pension plans, net of tax 2.2 — — — — 2.2 Stock-based compensation transactions, net of tax 20.8 — 20.8 — — — Purchase of remaining interest in noncontrolling interest, net of acquisitions (35.3 ) — (27.9 ) — (8.4 ) 1.0 Ending balance, September 30, 2016 $ 1,103.6 $ 2,375.6 $ 503.7 $ (1,700.9 ) $ 2.4 $ (77.2 ) The following tables set forth the components of and changes in each component of accumulated other comprehensive income (loss) for each of the periods presented: Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance, January 1, 2017 $ (38.6 ) $ (17.8 ) $ (57.2 ) $ (113.6 ) Other comprehensive income (loss) 69.8 1.7 (.9 ) 70.6 Reclassifications, pretax (1) — 5.7 3.5 9.2 Income tax effect — (2.0 ) (1.1 ) (3.1 ) Attributable to noncontrolling interest — — — — Balance, September 30, 2017 $ 31.2 $ (12.4 ) $ (55.7 ) $ (36.9 ) Balance, January 1, 2016 $ (4.8 ) $ (28.2 ) $ (58.1 ) $ (91.1 ) Other comprehensive income (loss) 4.1 (.5 ) .1 3.7 Reclassifications, pretax (2) (1.7 ) 11.9 3.4 13.6 Income tax effect — (3.1 ) (1.3 ) (4.4 ) Attributable to noncontrolling interest 1.0 — — 1.0 Balance, September 30, 2016 $ (1.4 ) $ (19.9 ) $ (55.9 ) $ (77.2 ) (1) 2017 pretax reclassifications are comprised of: Net sales $ — $ 2.0 $ — $ 2.0 Cost of goods sold; selling and administrative expenses — .5 3.5 4.0 Interest expense — 3.2 — 3.2 Other income (expense), net — — — — Total reclassifications, pretax $ — $ 5.7 $ 3.5 $ 9.2 (2) 2016 pretax reclassifications are comprised of: Net sales $ — $ 8.4 $ — $ 8.4 Cost of goods sold; selling and administrative expenses — .4 3.4 3.8 Interest expense — 3.1 — 3.1 Other income (expense), net (1.7 ) — — (1.7 ) Total reclassifications, pretax $ (1.7 ) $ 11.9 $ 3.4 $ 13.6

FAIR VALUE

FAIR VALUE	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE	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 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. The areas in which we utilize fair value measures of financial assets and liabilities are presented in the table below. As of September 30, 2017 Level 1 Level 2 Level 3 Total Assets: Cash equivalents: Bank time deposits with original maturities of three months or less $ — $ 212.3 $ — $ 212.3 Derivative assets (Note 14) — 2.4 — 2.4 Diversified investments associated with the Executive Stock Unit Program (ESUP)* 32.7 — — 32.7 Total assets $ 32.7 $ 214.7 $ — $ 247.4 Liabilities: Derivative liabilities* (Note 14) $ — $ 1.5 $ — $ 1.5 Liabilities associated with the ESUP* 32.4 — — 32.4 Total liabilities $ 32.4 $ 1.5 $ — $ 33.9 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 (Note 14) — .8 — .8 Diversified investments associated with the ESUP* 26.8 — — 26.8 Total assets $ 26.8 $ 146.6 $ — $ 173.4 Liabilities: Derivative liabilities* (Note 14) $ — $ 4.1 $ — $ 4.1 Liabilities associated with the ESUP* 25.6 — — 25.6 Total liabilities $ 25.6 $ 4.1 $ — $ 29.7 * Includes both current and long-term amounts combined. There were no transfers between Level 1 and Level 2 for any of the periods presented. The fair value for fixed rate debt (Level 2) was greater than its $750 carrying value by approximately $20 at September 30, 2017 and December 31, 2016. We value this debt using discounted cash flow and secondary market rates provided by Bloomberg. Items measured at fair value on a non-recurring basis The primary areas in which we use fair value measurements of non-financial assets and liabilities are allocating purchase price to the assets and liabilities of acquired companies as discussed in Note 10, and evaluating long-term assets (including goodwill) for potential impairment. 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 is 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.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS Cash Flow Hedges Derivative financial instruments that we use to hedge forecasted transactions and anticipated cash flows are as follows: Currency Cash Flow Hedges —The foreign currency hedges manage risk associated with exchange rate volatility of various currencies. We have also occasionally 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 and Derivatives not Designated as Hedging Instruments These derivatives typically manage foreign currency risk associated with subsidiaries’ assets and liabilities, and gains or losses are recognized 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 September 30, 2017 Assets Liabilities Other Current Assets Sundry Other Current Liabilities Other Long-Term Liabilities Derivatives designated as hedging instruments Cash flow hedges: Currency hedges: Future USD sales of Canadian, Chinese, European and Swiss subsidiaries Dec 2018 $ 128.1 $ 2.0 $ .1 $ .1 $ .1 Future DKK sales of Polish subsidiary Dec 2017 3.7 .1 — — — Future USD purchases of Canadian, European and South Korean subsidiaries Dec 2018 14.2 — — .1 .1 Future EUR sales of UK, Chinese and Swiss subsidiaries Dec 2018 25.9 — — .3 — Future MXN purchases of a USD subsidiary Dec 2018 7.0 — — .1 — Future JPY sales of Chinese subsidiary Dec 2018 9.7 — — .1 — Total cash flow hedges 2.1 .1 .7 .2 Fair value hedges: DKK liability on a GBP subsidiary Dec 2017 13.0 .1 — — — DKK inter-company note receivables on a USD subsidiary May 2018 2.4 — — .1 — ZAR inter-company note receivable on a USD subsidiary Dec 2017 2.3 — — .3 — USD inter-company note receivable on a Swiss subsidiary Aug 2018 12.7 — — .1 — Total fair value hedges .1 — .5 — Derivatives not designated as hedging instruments Non-deliverable hedge on EUR exposure to CNY Sep 2018 7.1 — — .1 — Non-deliverable hedge on JPY exposure to CNY Jun 2018 2.7 .1 — — — Total derivatives not designated as hedging instruments .1 — .1 — $ 2.3 $ .1 $ 1.3 $ .2 Expiring at various dates through: Total USD Equivalent Notional Amount As of December 31, 2016 Assets Liabilities Other Current Assets Other Current Liabilities Derivatives designated as hedging instruments 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 a Chinese subsidiary Dec 2017 3.5 .3 — Future DKK sales of a 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 GBP 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 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 (see Note 12) as well as derivative settlements recorded directly to income or expense. Caption in Statement of Operations Amount of (Gain) Loss Recorded in Income Nine Months Ended Amount of (Gain) Loss Recorded in Income Three Months Ended September 30, 2017 2016 2017 2016 Derivatives designated as hedging instruments Interest rate cash flow hedges Interest expense $ 3.2 $ 3.1 $ 1.1 $ 1.0 Currency cash flow hedges Net sales (.1 ) 7.9 (1.5 ) 2.7 Currency cash flow hedges Cost of goods sold .2 .8 .1 .4 Currency cash flow hedges Other (income) expense, net .3 — .3 — Total cash flow hedges 3.6 11.8 — 4.1 Fair value hedges Other (income) expense, net (.5 ) (2.0 ) (.1 ) (.2 ) Derivatives not designated as hedging instruments Other (income) expense, net (1.1 ) (.3 ) (.4 ) (.1 ) Total derivative instruments $ 2.0 $ 9.5 $ (.5 ) $ 3.8

CONTINGENCIES

CONTINGENCIES	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	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. 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. 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. Foam Antitrust Lawsuits Beginning in August 2010, a series of civil lawsuits were initiated in several U.S. federal courts and in Canada against several defendants alleging that Leggett & 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 one remaining antitrust proceeding has been fully resolved as disclosed below. Kansas Restraint of Trade Act Case. We were named as a defendant in an individual case alleging direct and indirect purchaser claims under the Kansas Restraint of Trade Act, 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. This case was 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 plaintiffs in those consolidated proceedings generally brought claims seeking damages allegedly suffered as a result of alleged overcharges in the price of polyurethane foam products (from at least 1999 to the present). The claims and allegations of this plaintiff were generally the same as those in the previously resolved proceedings, with the exception that the plaintiff sought full consideration damages (its 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 case back to the U.S. District Court for the District of Kansas. We denied all allegations. The plaintiff in the LaCrosse case alleged full consideration damages and prejudgment interest through 2013 in the collective amount of $22.2 , of which LaCrosse argued the full consideration portion should be trebled. LaCrosse also sought 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. While trial was previously scheduled to begin on August 7, 2017, the Court had rescheduled trial to begin on November 9, 2017. On September 1, 2017, we reached a cash settlement to fully resolve this claim and paid the amount in the third quarter. The cash payment was not material to the Company and was not materially different than the amount previously accrued for the claim. 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 $12.9 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. L&P Brazil appealed this decision but the appeal was denied by the second administrative level on January 27, 2015. The Brazilian Revenue Office upheld the assessment at all administrative levels. 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 first level decision. 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 $.1 of social contributions (social security and social assistance payments) for the period September to October 2010. L&P Brazil argued 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 S ã o Paulo, Brazil Cases. The State of S ã o 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 S ã o 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 S ã o 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. The Court issued a ruling in our favor on October 27, 2017, nullifying the $3.7 in assessments against L&P Brazil. This ruling is subject to appeal. On October 4, 2012, the State of S ã o Paulo issued a Tax Assessment under Procedure Number 4.003.484 against L&P Brazil in the amount of $2.0 for the tax years 2009 through 2011. Similar to the 2009 assessment (referenced above), the State of S ã o 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 S ã o Paulo. On June 21, 2013, the State of S ã o Paulo converted the Tax Assessment to a tax collection action against L&P Brazil in the amount of $2.5 , 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 S ã o Paulo dated March 27, 2014, under Procedure Number 4.038.746-0 against L&P Brazil in the amount of $.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 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). On February 7, 2017 the Court ruled against L&P Brazil on the assessment, but lowered the interest amount. On February 21, 2017, we filed a motion for clarification. The Court upheld its ruling on April 24, 2017, and we filed an appeal to the Court of Appeals on May 15, 2017. The Court of Appeals upheld the unfavorable Sorocaba State Court ruling on September 13, 2017. We filed a Special and Extraordinary appeal to the High Court on October 10, 2017, and this final appeal remains pending. 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 $.5 , 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 in the amount of $.6 . 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 currently 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, in millions, as follows: Nine Months Ended September 30, Three Months Ended September 30, 2017 2016 2017 2016 Litigation contingency accrual - Beginning of period $ 3.2 $ 8.1 $ 3.4 $ 4.1 Adjustment to accruals - expense (income) - Continuing operations .2 5.0 — — Adjustment to accruals - expense (income) - Discontinued operations 1.6 — 1.6 — Cash payments (5.0 ) (9.0 ) (5.0 ) — Litigation contingency accrual - End of period $ — $ 4.1 $ — $ 4.1 The above litigation contingency accrual does not include accrued expenses related to workers 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 Footnote H - Supplemental Balance Sheet Information under "Accrued expenses" on page 92 of the Company's Form 10-K filed February 22, 2017. 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 or being 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 September 30, 2017, aggregate reasonably possible (but not probable, and therefore not recorded) losses in excess of the accruals noted above are estimated to be approximately $22 , including approximately $21 for Brazilian VAT matters disclosed above and $1 for other matters. I f 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.

INTERIM PRESENTATION (Policies)

INTERIM PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interim Presentation	The interim financial statements of Leggett & Platt, Incorporated (“we”, “us” or “our”) included herein have not been audited by an independent registered public accounting firm. The statements include all adjustments, including normal recurring accruals, which management considers necessary for a fair statement of our financial position and operating results for the periods presented. We have prepared the statements pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP") have been condensed or omitted pursuant to such rules and regulations. The operating results for interim periods are not necessarily indicative of results to be expected for an entire year. The December 31, 2016 financial position data included herein was derived from the audited consolidated financial statements included in Form 10-K, but does not include all disclosures required by GAAP. For further information, refer to the financial statements and footnotes included in our annual report on Form 10-K for the year ended December 31, 2016.
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. The FASB has issued accounting guidance, in addition to the items discussed below, effective for future periods which we do not believe will have a material impact on our future financial statements. Adopted in 2017: • ASU 2016-16 "Accounting for Income Taxes: Intra-Entity Asset Transfers of Assets Other than Inventory": Eliminates deferral of the tax effects of all intra-entity asset sales other than inventory, resulting in tax expense being recorded on the sale of the asset in the seller's tax jurisdiction when the sale occurs, even though the pretax effects of the transaction are eliminated in consolidation. Any deferred tax asset arising in the buyer's jurisdiction is also recognized at the time of sale. We adopted this guidance in the first quarter of 2017. The modified retrospective approach was required, and as a result, we recorded a $1.2 increase to beginning retained earnings on January 1, 2017. Adoption of this new guidance did not materially impact our 2017 Consolidated Condensed Statements of Operations. To be adopted in future years: • ASU 2014-09 “Revenue from Contracts with Customers” (Topic 606): Supersedes most of the existing authoritative literature for revenue recognition and prescribes a five-step model for recognizing revenue from contracts with customers. This standard was issued in 2015 and was subsequently amended several times in 2016. We expect to adopt the standard effective January 1, 2018. In the areas discussed below, we do not expect the adoption of this standard to materially impact our future statements of operations, total assets, or cash flows. We will transition to the new standard using the modified retrospective method. Under the modified retrospective method, there is an adjustment to equity as of the beginning of the period of adoption for the cumulative effect of existing contracts. 2017 and earlier years will be presented under legacy GAAP. 2018 will be presented under the new standard for existing and new contracts. The footnotes will disclose existing and new contracts under both the new standard and legacy GAAP. We have identified certain contracts containing provisions that will require the recognition of revenue over time. Generally these provisions provide us with a contractual right to payment (including a normal profit) for goods in a finished goods status in the event of the termination of the contract. For customers where this provision exists, and where the finished good is highly customized with no alternative use, Topic 606 requires that revenue be recognized over time. To recognize revenue over time, measures of progress toward satisfaction of the performance obligation must be established. However, Topic 606 precludes utilizing the shipment of the promised good as a measure of progress. Thus, we believe revenue will be required to be recognized at the point the goods reach a finished status (as opposed to current accounting standards which recognize revenue when title and risk of loss pass to the customer). These contract provisions generally only provide for cost reimbursement for raw materials and work-in-process, therefore no revenue can be recognized during these stages. The revenue and corresponding cost of sales impact (relative to revenue accounting standards) will be dependent on the balance of finished goods at the beginning and end of each reporting period. Based on an analysis incorporating the beginning of year 2017 finished good balances compared to our September 30, 2017 finished goods balances, we do not expect the income statement impact to be material. However, provision changes in future contracts, changes in the balances of finished goods inventories that meet the over-time revenue recognition criteria, changes in the costs of those goods, and changes in selling prices of those goods will impact the ultimate amount of revenue recognized under the new standard. On our balance sheet, our finished goods inventory balances are expected to be reduced compared to the current accounting standard. We would record a contract asset for the transaction price for these finished goods that meet the over-time revenue recognition criteria, and reduce our finished goods inventories (with corresponding increases to sales and cost of sales). The impact on our total assets is not expected to be material. Also, certain business units have tooling arrangements with customers that support our production of goods for these customers. We do not produce tooling as a material trade revenue source. The terms of these tooling arrangements vary by customer. We continue to evaluate the accounting treatment for our tooling arrangements, however, we do not expect the adoption of Topic 606 relative to our tooling arrangement to materially impact our net earnings. The new revenue standard is principle based and interpretation of those principles may vary from company to company based on their unique circumstances. As companies and the accounting profession continue to work toward implementation, it is possible that interpretation, industry practice, and guidance may evolve. As we continue our evaluation of this new standard, new information may arise that could change our current understanding of the impact to revenue and expense recognized. Additionally, we will continue to monitor industry activities and evaluate any additional guidance provided by regulators, standards setters, or the accounting profession and adjust our assessment and implementation plans accordingly. Implementation of any required changes to our systems and processes, including updating our internal controls is expected to be completed prior to adoption. As disclosed in the prior quarter, we will elect to apply the practical expedients related to customer payments received in one year or less from the date the promised goods were transfered, sales taxes, and shipping and handling activities. • 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 evaluating its impact on our Consolidated Condensed Statements of Operations and Cash Flows. • ASU 2017-04, "Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment": This ASU simplifies the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. Under this ASU, the annual goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge would be recognized for the amount by which the carrying amount exceeds the reporting unit's fair value up to the total amount of goodwill for the reporting unit. This ASU will be effective January 1, 2020, with early adoption permitted. We are currently evaluating this guidance, and do not expect it to materially impact our future financial statements. • 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 2017-07 "Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost" are currently being evaluated. However, we do not expect these updates to materially impact our future financial statements. • A SU 2017-12 “Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities”: This ASU is intended to simplify and clarify the accounting and disclosure requirements for hedging activities by more closely aligning the results of cash flow and fair value hedge accounting with the risk management activities of an entity. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018, with early adoption permitted. We are currently evaluating the effect of the ASU on our results of operations, financial condition or cash flows.

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2017
Inventory Disclosure [Abstract]
LIFO Expense	The following table contains the LIFO expense (benefit) included in continuing operations for each of the periods presented. Nine Months Ended September 30, Three Months Ended September 30, 2017 2016 2017 2016 LIFO expense (benefit) $ 12.0 $ 2.6 $ 9.5 $ (4.6 )

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2017
Segment Reporting [Abstract]
Summary of Segment Results from Continuing Operations	A summary of segment results from continuing operations are shown in the following tables. Trade Sales Inter- Segment Sales Total Sales EBIT Three Months Ended September 30, 2017 Residential Products $ 426.7 $ 4.5 $ 431.2 $ 50.5 Industrial Products 71.2 63.8 135.0 1.1 Furniture Products 284.0 3.7 287.7 24.5 Specialized Products 227.8 1.9 229.7 34.2 Intersegment eliminations and other (1.1 ) $ 1,009.7 $ 73.9 $ 1,083.6 $ 109.2 Three Months Ended September 30, 2016 Residential Products $ 403.2 $ 4.1 $ 407.3 $ 45.1 Industrial Products 71.4 73.3 144.7 16.9 Furniture Products 254.6 11.2 265.8 26.4 Specialized Products 219.7 1.5 221.2 40.6 Intersegment eliminations and other 1.2 $ 948.9 $ 90.1 $ 1,039.0 $ 130.2 Trade Sales Inter- Segment Sales Total Sales EBIT Nine Months Ended September 30, 2017 Residential Products $ 1,225.8 $ 13.5 $ 1,239.3 $ 143.2 Industrial Products 216.9 192.7 409.6 17.0 Furniture Products 816.0 14.4 830.4 65.1 Specialized Products 700.6 5.5 706.1 121.3 Intersegment eliminations and other .8 $ 2,959.3 $ 226.1 $ 3,185.4 $ 347.4 Nine Months Ended September 30, 2016 Residential Products $ 1,201.4 $ 13.2 $ 1,214.6 $ 130.4 Industrial Products 228.4 223.6 452.0 50.0 Furniture Products 741.5 49.5 791.0 82.5 Specialized Products 674.9 5.0 679.9 138.8 Intersegment eliminations and other 2.1 $ 2,846.2 $ 291.3 $ 3,137.5 $403.8
Average Assets for Segments	Average assets for our segments are shown in the table below and reflect the basis for return measures used by management to evaluate segment performance. These segment totals include working capital (all current assets and current liabilities) plus net property, plant and equipment. Segment assets for all years are reflected at their estimated average for the periods presented. September 30, December 31, Residential Products $ 552.4 $ 527.2 Industrial Products 147.2 147.4 Furniture Products 243.1 219.4 Specialized Products 270.6 248.7 Other (1) — .2 Average current liabilities included in segment numbers above 545.8 495.9 Unallocated assets (2) 1,476.9 1,378.3 Difference between average assets and period-end balance sheet 87.7 (33.0 ) Total assets $ 3,323.7 $ 2,984.1 (1) Businesses sold or classified as discontinued operations. (2) Unallocated assets consist primarily of goodwill, other intangibles, cash and deferred tax assets.

DISCONTINUED OPERATIONS AND A25

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Tables)	9 Months Ended
	Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	Net assets held for sale by segment were as follows: September 30, 2017 December 31, 2016 Assets Liabilities Net Assets Assets Liabilities Net Assets Residential Products $ 2.4 $ — $ 2.4 $ 2.4 $ — $ 2.4 Industrial Products 15.6 2.3 13.3 3.2 — 3.2 Specialized Products 5.4 — 5.4 5.4 — 5.4 $ 23.4 $ 2.3 $ 21.1 $ 11.0 $ — $ 11.0 The major classes of assets and liabilities held for sale included in the Consolidated Condensed Balance Sheets were as follows: September 30, 2017 December 31, 2016 Current assets held for sale not associated with discontinued operations (included in "Other current assets") (1) $ 10.7 $ — Non-current assets held for sale not associated with discontinued operations (included in "Sundry") (1) (2) 12.7 11.0 Total assets held for sale 23.4 11.0 Current liabilities held for sale not associated with discontinued operations (included in "Other current liabilities") (1) 2.1 — Non-current liabilities held for sale not associated with discontinued operations (included in "Other long-term liabilities") (1) .2 — Total liabilities held for sale 2.3 — Net assets held for sale $ 21.1 $ 11.0 (1) A small Wire Products business within the Industrial Products segment reached held-for-sale status in the third quarter of 2017, but did not qualify for discontinued operations treatment. We recognized impairment charges of $4.6 for this held-for-sale operation, as discussed in Note 6 on page 14. (2) This table includes $10.7 and $11.0 of property, plant and equipment held for sale at September 30, 2017, and December 31, 2016, respectively, primarily associated with the closings of various operations and prior year restructurings. Other Divestitures The following businesses were divested during the periods presented, but did not meet discontinued operations criteria. Quarter Nine Months Ended September 30, Three Months Ended September 30, Divested 2017 2016 2017 2016 Trade sales: Residential Products: Machinery operation Fourth quarter 2016 $ — $ 2.7 $ — $ .9 Industrial Products: Wire Products operation Fourth quarter 2016 — 14.0 — 5.0 Wire Products operation Second quarter 2016 — 19.5 — — Specialized Products: Commercial Vehicle Products (CVP) operation Second quarter 2016 — 15.3 — — CVP operation Third quarter 2017 $ 25.1 $ 46.6 $ 3.7 $ 13.6 Total trade sales $ 25.1 $ 98.1 $ 3.7 $ 19.5 EBIT: Residential Products: Machinery operation Fourth quarter 2016 $ — $ (.2 ) $ — $ (.2 ) Industrial Products: Wire Products operation Fourth quarter 2016 — .5 — .3 Wire Products operation Second quarter 2016 — 1.2 — — Specialized Products: CVP operation Second quarter 2016 — 2.8 — — CVP operation Third quarter 2017 $ (2.3 ) $ 2.7 $ (1.0 ) $ .3 Total EBIT $ (2.3 ) $ 7.0 $ (1.0 ) $ .4

IMPAIRMENT CHARGES (Tables)

IMPAIRMENT CHARGES (Tables)	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Summary Of Impairment Charges On Continued And Discontinued Operations	Pre-tax impact of impairment charges is summarized in the following table. Other long-lived asset impairments are reported in "Other (income) expense, net." Nine Months Ended September 30, Three Months Ended September 30, 2017 2016 2017 2016 Goodwill Other Long-Lived Assets Total Goodwill Other Long-Lived Assets Total Goodwill Other Long-Lived Assets Total Goodwill Other Long-Lived Assets Total Residential Products $ — $ — $ — $ — $ .3 $ .3 $ — $ — $ — $ — $ .3 $ .3 Furniture Products — — — — — — — (.1 ) (.1 ) — — — Industrial Products - Wire Products Unit 1.3 3.3 4.6 — — — 1.3 3.3 4.6 — — — Specialized Products-CVP unit — — — 3.7 — 3.7 — — — — — — Total impairment charges $ 1.3 $ 3.3 $ 4.6 $ 3.7 $ .3 $ 4.0 $ 1.3 $ 3.2 $ 4.5 $ — $ .3 $ .3

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
Calculation of Basic and Diluted Earnings Per Share	Nine Months Ended Three Months Ended 2017 2016 2017 2016 Earnings: Earnings from continuing operations $ 257.2 $ 284.1 $ 83.5 $ 93.6 Earnings attributable to noncontrolling interest, net of tax — (.3 ) — (.1 ) Net earnings from continuing operations attributable to Leggett & Platt, Inc. common shareholders 257.2 283.8 83.5 93.5 Earnings from discontinued operations, net of tax (.9 ) 20.4 (.9 ) — Net earnings attributable to Leggett & Platt, Inc. common shareholders $ 256.3 $ 304.2 $ 82.6 $ 93.5 Weighted average number of shares (in millions): Weighted average number of common shares used in basic EPS 136.1 138.1 135.7 137.4 Dilutive effect of stock-based compensation 1.4 2.1 1.2 2.0 Weighted average number of common shares and dilutive potential common shares used in diluted EPS 137.5 140.2 136.9 139.4 Basic and Diluted EPS: Basic EPS attributable to Leggett & Platt, Inc. common shareholders Continuing operations $ 1.89 $ 2.05 $ .62 $ .68 Discontinued operations (.01 ) .15 (.01 ) — Basic EPS attributable to Leggett & Platt, Inc. common shareholders $ 1.88 $ 2.20 $ .61 $ .68 Diluted EPS attributable to Leggett & Platt, Inc. common shareholders Continuing operations $ 1.87 $ 2.02 $ .61 $ .67 Discontinued operations (.01 ) .15 (.01 ) — Diluted EPS attributable to Leggett & Platt, Inc. common shareholders $ 1.86 $ 2.17 $ .60 $ .67 Other information: Anti-dilutive shares excluded from diluted EPS computation — — .1 —

ACCOUNTS AND OTHER RECEIVABLES

ACCOUNTS AND OTHER RECEIVABLES (Tables)	9 Months Ended
	Sep. 30, 2017
Receivables [Abstract]
Components of Accounts and Other Receivables	Accounts and other receivables consisted of the following: September 30, 2017 December 31, 2016 Current Long-term Current Long-term Trade accounts receivable $ 559.1 $ — $ 456.5 $ — Trade notes receivable .8 1.5 1.5 .7 Total trade receivables 559.9 1.5 458.0 .7 Other notes receivable — 24.7 — 24.6 Income tax receivables 9.0 — 9.1 — Other receivables 22.8 — 26.7 — Subtotal other receivables 31.8 24.7 35.8 24.6 Total trade and other receivables 591.7 26.2 493.8 25.3 Allowance for doubtful accounts: Trade accounts receivable (5.8 ) — (7.1 ) — Trade notes receivable (.1 ) (.1 ) (.1 ) (.2 ) Total trade receivables (5.9 ) (.1 ) (7.2 ) (.2 ) Other notes receivable — — — — Total allowance for doubtful accounts (5.9 ) (.1 ) (7.2 ) (.2 ) Total net receivables $ 585.8 $ 26.1 $ 486.6 $ 25.1
Allowance for Doubtful Accounts	Activity related to the allowance for doubtful accounts is reflected below: Balance at December 31, 2016 2017 Charges 2017 Charge- offs, Net of Recoveries Balance at September 30, 2017 Trade accounts receivable $ 7.1 $ .4 $ 1.7 $ 5.8 Trade notes receivable .3 (.1 ) — .2 Total trade receivables 7.4 .3 1.7 6.0 Other notes receivable — — — — Total allowance for doubtful accounts $ 7.4 $ .3 $ 1.7 $ 6.0

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Activity	The following table recaps the components of stock-based and stock-related compensation for each period presented: Nine Months Ended Nine Months Ended To be settled with stock To be settled in cash To be settled with stock To be settled in cash Options: Amortization of the grant date fair value $ — $ — $ 1.0 $ — Cash payments in lieu of options — — — 1.0 Stock-based retirement plans contributions 4.2 .9 5.1 1.0 Discounts on various stock awards: Deferred Stock Compensation Program 1.6 — 1.6 — Stock-based retirement plans 1.0 — 1.1 — Discount Stock Plan .9 — .8 — Performance Stock Unit awards (1) 4.0 (.7 ) 3.7 4.5 Restricted Stock Unit awards 1.9 — 2.0 — Profitable Growth Incentive awards (2) 1.1 1.1 1.2 .8 Other, primarily non-employee directors restricted stock .7 — .8 — Total stock-related compensation expense 15.4 $ 1.3 17.3 $ 7.3 Employee contributions for above stock plans 12.7 11.3 Total stock-based compensation $ 28.1 $ 28.6 Tax benefits on stock-based compensation expense $ 5.5 $ 6.3 Tax benefits on stock-based compensation payments 11.4 17.1 Total tax benefits associated with stock-based compensation $ 16.9 $ 23.4 Three Months Ended Three Months Ended September 30, 2017 September 30, 2016 To be settled with stock To be settled in cash To be settled with stock To be settled in cash Options: Amortization of the grant date fair value $ — $ — $ — $ — Cash payments in lieu of options — — — — Stock-based retirement plans contributions .6 .2 1.6 .3 Discounts on various stock awards: Deferred Stock Compensation Program .4 — .5 — Stock-based retirement plans .3 — .4 — Discount Stock Plan .3 — .3 — Performance Stock Unit awards (1) 1.3 (2.8 ) 1.2 .1 Restricted Stock Unit awards .7 — .6 — Profitable Growth Incentive awards (2) .3 .2 (1.3 ) (1.2 ) Other, primarily non-employee directors restricted stock .2 — .1 — Total stock-related compensation expense 4.1 $ (2.4 ) 3.4 $ (.8 ) Employee contributions for above stock plans 3.8 3.4 Total stock-based compensation $ 7.9 $ 6.8 Tax benefits on stock-based compensation expense $ 1.4 $ 1.2 Tax benefits on stock-based compensation payments 1.3 8.8 Total tax benefits associated with stock-based compensation $ 2.7 $ 10.0
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	Below is a summary of the number of shares and related grant date fair value of PSU’s for the periods presented. Nine Months Ended September 30, 2017 2016 Total shares base award .1 .1 Grant date per share fair value $ 50.75 $ 40.16 Risk-free interest rate 1.5 % 1.3 % Expected life in years 3.0 3.0 Expected volatility (over expected life) 19.5 % 19.2 % Expected dividend yield (over expected life) 2.8 % 3.1 %
Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Performance Based Units	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 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 For outstanding awards, we intend to pay 65% in shares of our common stock, although we reserve the right to pay up to 100% in cash. The additional amount that represents 35% of the award will be settled in cash, and is recorded as a liability and adjusted to fair value at each reporting period. (2) Profitable Growth Incentive Awards Certain key management employees participate in a Profitable Growth Incentive (PGI) program. The PGI awards are issued 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 at the end of a two -year performance period. The 2017 and 2016 base target PGI awards 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 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 Number of Shares Distributed Cash Portion Distribution Date 2014 December 31, 2015 224.7% .2 million $ 6.7 March 2016 2015 December 31, 2016 36.0% <.1 million $ .8 March 2017

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Sep. 30, 2017
Business Combinations [Abstract]
Estimated Fair Values Of The Assets Acquired And Liabilities Assumed	The following table contains the estimated fair values (using inputs as discussed in Note 13 on page 25) of the assets acquired and liabilities assumed at the date of acquisition for all acquisitions during the periods presented. The majority of the goodwill included in the table below is expected to provide an income tax benefit. Nine Months Ended September 30, 2017 2016 Accounts receivable $ 10.0 $ 4.6 Inventory 6.3 5.3 Property, plant and equipment 14.6 2.8 Goodwill 12.8 5.8 Other intangible assets, primarily customer-related intangibles 19.5 14.8 Other current and long-term assets 1.1 — Current liabilities (4.6 ) (4.0 ) Long-term liabilities (5.6 ) — Non-controlling interest (.5 ) — Fair value of net identifiable assets 53.6 29.3 Additional consideration payable (2.8 ) (1.8 ) Additional consideration receivable — .2 Additional consideration for prior year acquisitions — .3 Common stock issued for acquired companies (11.8 ) — Net cash consideration $ 39.0 $ 28.0 The following table summarizes acquisitions for the periods presented. Nine Months Ended Number of Acquisitions Segment Product/Service September 30, 2017 3 Residential Products; Distributor and installer of geosynthetic products; Carpet cushion; Furniture Products Surface-critical bent tube components September 30, 2016 2 Residential Products; Specialized Products Distributor of geosynthetic products; Fabricated tubing and pipe assemblies

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	9 Months Ended
	Sep. 30, 2017
Retirement Benefits [Abstract]
Components of Net Pension (Expense) Income	The following table provides interim information as to our domestic and foreign defined benefit pension plans. Employer contributions for 2017 are expected to approximate $14.8 . This increase compared to our 2016 employer contributions of $9.8 is due to our current year funding strategy, which incorporates, among other things, Pension Benefit Guaranty Corporation (PBGC) premiums, tax planning, and expectations of future funding requirements. Nine Months Ended Three Months Ended 2017 2016 2017 2016 Components of net pension expense Service cost $ 3.8 $ 3.4 $ 1.3 $ 1.1 Interest cost 8.3 8.7 2.7 2.8 Expected return on plan assets (10.1 ) (9.8 ) (3.4 ) (3.3 ) Recognized net actuarial loss 3.5 3.4 1.2 1.0 Net pension expense $ 5.5 $ 5.7 $ 1.8 $ 1.6

STATEMENT OF CHANGES IN EQUIT32

STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
Statement of Changes in Equity and Accumulated Other Comprehensive Income	Nine Months Ended September 30, 2017 Total Equity Retained Earnings Common Stock & Additional Contributed Capital Treasury Stock Noncontrolling Interest Accumulated Other Comprehensive Income (Loss) Beginning balance, January 1, 2017 $ 1,094.0 $ 2,410.5 $ 508.2 $ (1,713.5 ) $ 2.4 $ (113.6 ) Effect of accounting change on prior years (See Note 2) 1.2 1.2 — — — — Adjusted beginning balance, January 1, 2017 1,095.2 2,411.7 508.2 (1,713.5 ) 2.4 (113.6 ) Net earnings 256.3 256.3 — — — — (Earnings) loss attributable to noncontrolling interest, net of tax — — — — — — Dividends declared (140.2 ) (144.1 ) 3.9 — — — Treasury stock purchased (161.0 ) — — (161.0 ) — — Treasury stock issued 28.0 — (15.8 ) 43.8 — — Foreign currency translation adjustments 69.9 — — — .1 69.8 Cash flow hedges, net of tax 5.4 — — — — 5.4 Defined benefit pension plans, net of tax 1.5 — — — — 1.5 Stock-based compensation transactions, net of tax 20.3 — 20.3 — — — Purchase of remaining interest in noncontrolling interest, net of acquisitions (2.6 ) — (.7 ) — (1.9 ) — Ending balance, September 30, 2017 $ 1,172.8 $ 2,523.9 $ 515.9 $ (1,830.7 ) $ .6 $ (36.9 ) Nine Months Ended September 30, 2016 Total Equity Retained Earnings Common Stock & Additional Contributed Capital Treasury Stock Noncontrolling Interest Accumulated Other Comprehensive Income (Loss) Beginning balance, January 1, 2016 $ 1,097.7 $ 2,209.2 $ 531.5 $ (1,564.0 ) $ 12.1 $ (91.1 ) Net earnings 304.5 304.5 — — — — (Earnings) loss attributable to noncontrolling interest, net of tax — (.3 ) — — .3 — Dividends declared (134.0 ) (137.8 ) 3.8 — — — Dividends paid to noncontrolling interest (1.6 ) — — — (1.6 ) — Treasury stock purchased (193.8 ) — — (193.8 ) — — Treasury stock issued 32.4 — (24.5 ) 56.9 — — Foreign currency translation adjustments 2.4 — — — — 2.4 Cash flow hedges, net of tax 8.3 — — — — 8.3 Defined benefit pension plans, net of tax 2.2 — — — — 2.2 Stock-based compensation transactions, net of tax 20.8 — 20.8 — — — Purchase of remaining interest in noncontrolling interest, net of acquisitions (35.3 ) — (27.9 ) — (8.4 ) 1.0 Ending balance, September 30, 2016 $ 1,103.6 $ 2,375.6 $ 503.7 $ (1,700.9 ) $ 2.4 $ (77.2 )
Changes in Each Component of Accumulated Other Comprehensive Income (Loss)	e following tables set forth the components of and changes in each component of accumulated other comprehensive income (loss) for each of the periods presented: Foreign Currency Translation Adjustments Cash Flow Hedges Defined Benefit Pension Plans Accumulated Other Comprehensive Income (Loss) Balance, January 1, 2017 $ (38.6 ) $ (17.8 ) $ (57.2 ) $ (113.6 ) Other comprehensive income (loss) 69.8 1.7 (.9 ) 70.6 Reclassifications, pretax (1) — 5.7 3.5 9.2 Income tax effect — (2.0 ) (1.1 ) (3.1 ) Attributable to noncontrolling interest — — — — Balance, September 30, 2017 $ 31.2 $ (12.4 ) $ (55.7 ) $ (36.9 ) Balance, January 1, 2016 $ (4.8 ) $ (28.2 ) $ (58.1 ) $ (91.1 ) Other comprehensive income (loss) 4.1 (.5 ) .1 3.7 Reclassifications, pretax (2) (1.7 ) 11.9 3.4 13.6 Income tax effect — (3.1 ) (1.3 ) (4.4 ) Attributable to noncontrolling interest 1.0 — — 1.0 Balance, September 30, 2016 $ (1.4 ) $ (19.9 ) $ (55.9 ) $ (77.2 ) (1) 2017 pretax reclassifications are comprised of: Net sales $ — $ 2.0 $ — $ 2.0 Cost of goods sold; selling and administrative expenses — .5 3.5 4.0 Interest expense — 3.2 — 3.2 Other income (expense), net — — — — Total reclassifications, pretax $ — $ 5.7 $ 3.5 $ 9.2 (2) 2016 pretax reclassifications are comprised of: Net sales $ — $ 8.4 $ — $ 8.4 Cost of goods sold; selling and administrative expenses — .4 3.4 3.8 Interest expense — 3.1 — 3.1 Other income (expense), net (1.7 ) — — (1.7 ) Total reclassifications, pretax $ (1.7 ) $ 11.9 $ 3.4 $ 13.6

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
Items Measured at Fair Value on a Recurring Basis	As of September 30, 2017 Level 1 Level 2 Level 3 Total Assets: Cash equivalents: Bank time deposits with original maturities of three months or less $ — $ 212.3 $ — $ 212.3 Derivative assets (Note 14) — 2.4 — 2.4 Diversified investments associated with the Executive Stock Unit Program (ESUP)* 32.7 — — 32.7 Total assets $ 32.7 $ 214.7 $ — $ 247.4 Liabilities: Derivative liabilities* (Note 14) $ — $ 1.5 $ — $ 1.5 Liabilities associated with the ESUP* 32.4 — — 32.4 Total liabilities $ 32.4 $ 1.5 $ — $ 33.9 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 (Note 14) — .8 — .8 Diversified investments associated with the ESUP* 26.8 — — 26.8 Total assets $ 26.8 $ 146.6 $ — $ 173.4 Liabilities: Derivative liabilities* (Note 14) $ — $ 4.1 $ — $ 4.1 Liabilities associated with the ESUP* 25.6 — — 25.6 Total liabilities $ 25.6 $ 4.1 $ — $ 29.7 * Includes both current and long-term amounts combined.

DERIVATIVE FINANCIAL INSTRUME34

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments at Fair Value	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 September 30, 2017 Assets Liabilities Other Current Assets Sundry Other Current Liabilities Other Long-Term Liabilities Derivatives designated as hedging instruments Cash flow hedges: Currency hedges: Future USD sales of Canadian, Chinese, European and Swiss subsidiaries Dec 2018 $ 128.1 $ 2.0 $ .1 $ .1 $ .1 Future DKK sales of Polish subsidiary Dec 2017 3.7 .1 — — — Future USD purchases of Canadian, European and South Korean subsidiaries Dec 2018 14.2 — — .1 .1 Future EUR sales of UK, Chinese and Swiss subsidiaries Dec 2018 25.9 — — .3 — Future MXN purchases of a USD subsidiary Dec 2018 7.0 — — .1 — Future JPY sales of Chinese subsidiary Dec 2018 9.7 — — .1 — Total cash flow hedges 2.1 .1 .7 .2 Fair value hedges: DKK liability on a GBP subsidiary Dec 2017 13.0 .1 — — — DKK inter-company note receivables on a USD subsidiary May 2018 2.4 — — .1 — ZAR inter-company note receivable on a USD subsidiary Dec 2017 2.3 — — .3 — USD inter-company note receivable on a Swiss subsidiary Aug 2018 12.7 — — .1 — Total fair value hedges .1 — .5 — Derivatives not designated as hedging instruments Non-deliverable hedge on EUR exposure to CNY Sep 2018 7.1 — — .1 — Non-deliverable hedge on JPY exposure to CNY Jun 2018 2.7 .1 — — — Total derivatives not designated as hedging instruments .1 — .1 — $ 2.3 $ .1 $ 1.3 $ .2 Expiring at various dates through: Total USD Equivalent Notional Amount As of December 31, 2016 Assets Liabilities Other Current Assets Other Current Liabilities Derivatives designated as hedging instruments 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 a Chinese subsidiary Dec 2017 3.5 .3 — Future DKK sales of a 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 GBP 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
Gains (Losses) of Hedging Activities Recorded in Income	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 (see Note 12) as well as derivative settlements recorded directly to income or expense. Caption in Statement of Operations Amount of (Gain) Loss Recorded in Income Nine Months Ended Amount of (Gain) Loss Recorded in Income Three Months Ended September 30, 2017 2016 2017 2016 Derivatives designated as hedging instruments Interest rate cash flow hedges Interest expense $ 3.2 $ 3.1 $ 1.1 $ 1.0 Currency cash flow hedges Net sales (.1 ) 7.9 (1.5 ) 2.7 Currency cash flow hedges Cost of goods sold .2 .8 .1 .4 Currency cash flow hedges Other (income) expense, net .3 — .3 — Total cash flow hedges 3.6 11.8 — 4.1 Fair value hedges Other (income) expense, net (.5 ) (2.0 ) (.1 ) (.2 ) Derivatives not designated as hedging instruments Other (income) expense, net (1.1 ) (.3 ) (.4 ) (.1 ) Total derivative instruments $ 2.0 $ 9.5 $ (.5 ) $ 3.8

CONTINGENCIES (Tables)

CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Schedule of Litigation Contingency Accruals	Although the Company denies liability in all currently 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, in millions, as follows: Nine Months Ended September 30, Three Months Ended September 30, 2017 2016 2017 2016 Litigation contingency accrual - Beginning of period $ 3.2 $ 8.1 $ 3.4 $ 4.1 Adjustment to accruals - expense (income) - Continuing operations .2 5.0 — — Adjustment to accruals - expense (income) - Discontinued operations 1.6 — 1.6 — Cash payments (5.0 ) (9.0 ) (5.0 ) — Litigation contingency accrual - End of period $ — $ 4.1 $ — $ 4.1

ACCOUNTING STANDARD UPDATES (De

ACCOUNTING STANDARD UPDATES (Details) $ in Millions	Dec. 31, 2016USD ($)
Item Effected [Line Items]
Effect of accounting change on prior years (See Note 2)	$ 1.2
Accounting Standards Update 2016-16 [Member]
Item Effected [Line Items]
Effect of accounting change on prior years (See Note 2)	$ 1.2

INVENTORIES - LIFO Expense (Det

INVENTORIES - LIFO Expense (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Inventory Disclosure [Abstract]
Percentage of LIFO inventory	50.00%		50.00%
LIFO expense (benefit)	$ 9.5	$ (4.6)	$ 12	$ 2.6

SEGMENT INFORMATION - Summary o

SEGMENT INFORMATION - Summary of Segment Results from Continuing Operations (Detail) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2017USD ($)Segment	Sep. 30, 2016USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment			4
Net sales	$ 1,009.7	$ 948.9	$ 2,959.3	$ 2,846.2
Total Sales	1,083.6	1,039	3,185.4	3,137.5
EBIT	109.2	130.2	347.4	403.8
Residential Products
Segment Reporting Information [Line Items]
Net sales	426.7	403.2	1,225.8	1,201.4
Total Sales	431.2	407.3	1,239.3	1,214.6
EBIT	50.5	45.1	143.2	130.4
Industrial Materials
Segment Reporting Information [Line Items]
Net sales	71.2	71.4	216.9	228.4
Total Sales	135	144.7	409.6	452
EBIT	1.1	16.9	17	50
Furniture Products
Segment Reporting Information [Line Items]
Net sales	284	254.6	816	741.5
Total Sales	287.7	265.8	830.4	791
EBIT	24.5	26.4	65.1	82.5
Specialized Products
Segment Reporting Information [Line Items]
Net sales	227.8	219.7	700.6	674.9
Total Sales	229.7	221.2	706.1	679.9
EBIT	34.2	40.6	121.3	138.8
Intersegment eliminations
Segment Reporting Information [Line Items]
Net sales	73.9	90.1	226.1	291.3
Intersegment eliminations and other	(1.1)	1.2	0.8	2.1
Intersegment eliminations | Residential Products
Segment Reporting Information [Line Items]
Net sales	4.5	4.1	13.5	13.2
Intersegment eliminations | Industrial Materials
Segment Reporting Information [Line Items]
Net sales	63.8	73.3	192.7	223.6
Intersegment eliminations | Furniture Products
Segment Reporting Information [Line Items]
Net sales	3.7	11.2	14.4	49.5
Intersegment eliminations | Specialized Products
Segment Reporting Information [Line Items]
Net sales	$ 1.9	$ 1.5	$ 5.5	$ 5

SEGMENT INFORMATION - Average A

SEGMENT INFORMATION - Average Assets for Segments (Detail) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Assets	$ 3,323.7	$ 2,984.1
Operating Segments | Residential Products
Segment Reporting Information [Line Items]
Assets	552.4	527.2
Operating Segments | Industrial Materials
Segment Reporting Information [Line Items]
Assets	147.2	147.4
Operating Segments | Furniture Products
Segment Reporting Information [Line Items]
Assets	243.1	219.4
Operating Segments | Specialized Products-CVP unit
Segment Reporting Information [Line Items]
Assets	270.6	248.7
Operating Segments | Other units
Segment Reporting Information [Line Items]
Assets	0	0.2
Operating Segments | Average current liabilities included in segment numbers above
Segment Reporting Information [Line Items]
Assets	545.8	495.9
Corporate, Non-Segment
Segment Reporting Information [Line Items]
Assets	1,476.9	1,378.3
Difference between average assets and period-end balance sheet
Segment Reporting Information [Line Items]
Assets	$ 87.7	$ (33)

DISCONTINUED OPERATIONS AND A40

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE - Other Divestitures (Details) - USD ($) $ in Millions	3 Months Ended				9 Months Ended		12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from litigation settlement, before tax				$ 38
Proceeds from litigation settlement				25
Current assets held for sale not associated with discontinued operations (included in Other current assets)		$ 10.7			$ 10.7		$ 0
Non-current assets held for sale not associated with discontinued operations (included in Sundry)		12.7			12.7		11
Total assets held for sale		23.4			23.4		11
Current liabilities held for sale not associated with discontinued operations (included in Other current liabilities)		2.1			2.1		0
Non-current liabilities held for sale not associated with discontinued operations (included in Other long-term liabilities)		0.2			0.2		0
Total liabilities held for sale		2.3			2.3		0
Net assets held for sale		21.1			21.1		11
Impairments		4.5	$ 0.3		4.6	$ 4
Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-current assets held for sale not associated with discontinued operations (included in Sundry)		10.7			10.7		11
Total trade sales		3.7	19.5		25.1	98.1
Total EBIT		(1)	0.4		(2.3)	7
Machinery Operation | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total trade sales		0	0.9		0	2.7
Total EBIT		0	(0.2)		0	(0.2)
Wire Products Operation | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain related to sale of operation							21.2
Wire Products Operation Fourth Quarter 2016 | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total trade sales		0	5		0	14
Total EBIT		0	0.3		0	0.5
Wire Products Operation Second Quarter 2016 | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total trade sales		0	0		0	19.5
Total EBIT		0	0		0	1.2
Commercial Vehicle Products (CVP) operation | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain related to sale of operation		3.3					11.2
CVP Operation Second Quarter 2016 | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total trade sales		0	0		0	15.3
Total EBIT		0	0		0	2.8
CVP Operation Third Quarter 2017 | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total trade sales		3.7	13.6		25.1	46.6
Total EBIT		(1)	$ 0.3		(2.3)	$ 2.7
Prime Foam Products Unit
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from litigation settlement, before tax				31.4
Proceeds from litigation settlement				$ 19.8
Subsequent Event | Commercial Vehicle Products (CVP) operation | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain related to sale of operation	$ 23.4
Residential Products
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets held for sale		2.4			2.4		2.4
Total liabilities held for sale		0			0		0
Net assets held for sale		2.4			2.4		2.4
Industrial Products
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets held for sale		15.6			15.6		3.2
Total liabilities held for sale		2.3			2.3		0
Net assets held for sale		13.3			13.3		3.2
Specialized Products
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total assets held for sale		5.4			5.4		5.4
Total liabilities held for sale		0			0		0
Net assets held for sale		$ 5.4			$ 5.4		$ 5.4

IMPAIRMENTS CHARGES - Narrative

IMPAIRMENTS CHARGES - Narrative (Details)	3 Months Ended				9 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)reporting_unit	Mar. 31, 2016reporting_unit	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)	Dec. 31, 2016
Goodwill [Line Items]
Goodwill impairment	$ 1,300,000	$ 0			$ 1,300,000	$ 3,700,000
Percentage of fair value in excess of carrying amount	75.00%				75.00%
Minimum
Goodwill [Line Items]
Percentage of fair value in excess of carrying amount							115.00%
Maximum
Goodwill [Line Items]
Percentage of fair value in excess of carrying amount							600.00%
Wire Products Operation | Industrial Products
Goodwill [Line Items]
Goodwill impairment	$ 1,300,000	0			$ 1,300,000	0
CVP unit | Specialized Products-CVP unit
Goodwill [Line Items]
Goodwill impairment	$ 0	$ 0	$ 3,700,000		$ 0	$ 3,700,000
Number of reporting units sold | reporting_unit			1
Number of remaining businesses | reporting_unit			1	2

IMPAIRMENTS CHARGES - Summary o

IMPAIRMENTS CHARGES - Summary of Impairment Charges On Continued and Discontinued Operations (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Goodwill [Line Items]
Goodwill	$ 1,300,000	$ 0		$ 1,300,000	$ 3,700,000
Other Long-Lived Assets	3,200,000	300,000		3,300,000	300,000
Total	4,500,000	300,000		4,600,000	4,000,000
Residential Products
Goodwill [Line Items]
Goodwill	0	0		0	0
Other Long-Lived Assets	0	300,000		0	300,000
Total	0	300,000		0	300,000
Furniture Products
Goodwill [Line Items]
Goodwill	0	0		0	0
Other Long-Lived Assets	(100,000)	0		0	0
Total	(100,000)	0		0	0
Wire Products Operation | Industrial Products - Wire Products Unit
Goodwill [Line Items]
Goodwill	1,300,000	0		1,300,000	0
Other Long-Lived Assets	3,300,000	0		3,300,000	0
Total	4,600,000	0		4,600,000	0
CVP unit | Specialized Products-CVP unit
Goodwill [Line Items]
Goodwill	0	0	$ 3,700,000	0	3,700,000
Other Long-Lived Assets	0	0		0	0
Total	$ 0	$ 0		$ 0	$ 3,700,000

Calculation of Basic and Dilute

Calculation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Earnings Per Share [Abstract]
Net earnings	$ 83.5	$ 93.6	$ 257.2	$ 284.1
Earnings attributable to noncontrolling interest, net of tax	0	(0.1)	0	(0.3)
Net earnings from continuing operations attributable to Leggett & Platt, Inc. common shareholders	83.5	93.5	257.2	283.8
Earnings (loss) from discontinued operations, net of tax	(0.9)	0	(0.9)	20.4
Net earnings attributable to Leggett & Platt, Inc. common shareholders	$ 82.6	$ 93.5	$ 256.3	$ 304.2
Weighted average number of shares:
Weighted average number of common shares used in basic EPS	135.7	137.4	136.1	138.1
Additional dilutive shares principally from the assumed exercise of outstanding stock options	1.2	2	1.4	2.1
Weighted average number of common shares and dilutive potential common shares used in diluted EPS	136.9	139.4	137.5	140.2
Earnings Per Share, Basic [Abstract]
Continuing operations (in dollars per share)	$ 0.62	$ 0.68	$ 1.89	$ 2.05
Discontinued operations (in dollars per share)	(0.01)	0	(0.01)	0.15
Basic (in dollars per share)	0.61	0.68	1.88	2.20
Diluted EPS attributable to Leggett & Platt, Inc. common shareholders
Continuing operations (in dollars per share)	0.61	0.67	1.87	2.02
Discontinued operations (in dollars per share)	(0.01)	0	(0.01)	0.15
Diluted (in dollars per share)	$ 0.60	$ 0.67	$ 1.86	$ 2.17
Other information:
Anti-dilutive shares excluded from diluted EPS computation	0.1	0	0	0

Components of Accounts and Othe

Components of Accounts and Other Receivables (Detail) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Current
Trade accounts receivable	$ 559.1	$ 456.5
Trade notes receivable	0.8	1.5
Total trade receivables	559.9	458
Other notes receivable:
Other notes receivable	0	0
Income tax receivables	9	9.1
Other receivables	22.8	26.7
Subtotal other receivables	31.8	35.8
Total trade and other receivables	591.7	493.8
Allowance for doubtful accounts:
Trade accounts receivable	(5.8)	(7.1)
Trade notes receivable	(0.1)	(0.1)
Total trade receivables	(5.9)	(7.2)
Other notes receivable	0	0
Total allowance for doubtful accounts	(5.9)	(7.2)
Total net receivables	585.8	486.6
Long-term
Trade accounts receivable	0	0
Trade notes receivable	1.5	0.7
Total trade receivables	1.5	0.7
Other notes receivable:
Other notes receivable	24.7	24.6
Income tax receivables	0	0
Other receivables	0	0
Subtotal other receivables	24.7	24.6
Total trade and other receivables	26.2	25.3
Allowance for doubtful accounts:
Trade accounts receivable	0	0
Trade notes receivable	(0.1)	(0.2)
Total trade receivables	(0.1)	(0.2)
Other notes receivable	0	0
Total allowance for doubtful accounts	(0.1)	(0.2)
Total net receivables	$ 26.1	$ 25.1

Allowance for Doubtful Account

Allowance for Doubtful Account (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at December 31, 2016	$ 7.4
2017 Charges	0.3	$ 2.1
2017 Charge- offs, Net of Recoveries	1.7
Balance at September 30, 2017	6
Total trade receivables
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at December 31, 2016	7.4
2017 Charges	0.3
2017 Charge- offs, Net of Recoveries	1.7
Balance at September 30, 2017	6
Trade accounts receivable
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at December 31, 2016	7.1
2017 Charges	0.4
2017 Charge- offs, Net of Recoveries	1.7
Balance at September 30, 2017	5.8
Trade notes receivable
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at December 31, 2016	0.3
2017 Charges	(0.1)
2017 Charge- offs, Net of Recoveries	0
Balance at September 30, 2017	0.2
Other notes receivable
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at December 31, 2016	0
2017 Charges	0
2017 Charge- offs, Net of Recoveries	0
Balance at September 30, 2017	$ 0

STOCK-BASED COMPENSATION - Comp

STOCK-BASED COMPENSATION - Components of Stock Based Compensation (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation			$ 28.1	$ 28.6
Tax benefits on stock-based compensation expense	$ 2.7	$ 10	16.9	23.4
To be settled with stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	4.1	3.4	15.4	17.3
Employee contributions for above stock plans	3.8	3.4	12.7	11.3
Total stock-based compensation	7.9	6.8	28.1	28.6
Tax benefits on stock-based compensation expense	1.4	1.2	5.5	6.3
To be settled with stock | Amortization of the grant date fair value
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0	0	0	1
To be settled with stock | Cash payments in lieu of options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0	0	0	0
To be settled with stock | Stock-based retirement plans contributions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0.6	1.6	4.2	5.1
To be settled with stock | Deferred Stock Compensation Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0.4	0.5	1.6	1.6
To be settled with stock | Stock-based retirement plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0.3	0.4	1	1.1
To be settled with stock | Discount Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0.3	0.3	0.9	0.8
To be settled with stock | Performance Stock Unit awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	1.3	1.2	4	3.7
To be settled with stock | Restricted Stock Unit awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0.7	0.6	1.9	2
To be settled with stock | Profitable Growth Incentive awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0.3	(1.3)	1.1	1.2
To be settled with stock | Other, primarily non-employee directors restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0.2	0.1	0.7	0.8
To be settled in cash
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	(2.4)	(0.8)	1.3	7.3
To be settled in cash | Amortization of the grant date fair value
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0	0	0	0
To be settled in cash | Cash payments in lieu of options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0	0	0	1
To be settled in cash | Stock-based retirement plans contributions
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0.2	0.3	0.9	1
To be settled in cash | Deferred Stock Compensation Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0	0	0	0
To be settled in cash | Stock-based retirement plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0	0	0	0
To be settled in cash | Discount Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0	0	0	0
To be settled in cash | Performance Stock Unit awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	(2.8)	0.1	(0.7)	4.5
To be settled in cash | Restricted Stock Unit awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0	0	0	0
To be settled in cash | Profitable Growth Incentive awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0.2	(1.2)	1.1	0.8
To be settled in cash | Other, primarily non-employee directors restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-related compensation expense	0	0	0	0
Accounting Standards Update 2016-09 | To be settled with stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Tax benefits on stock-based compensation expense	$ 1.3	$ 8.8	$ 11.4	$ 17.1

STOCK-BASED COMPENSATION - Addi

STOCK-BASED COMPENSATION - Additional Information (Detail) shares in Millions	9 Months Ended
	Sep. 30, 2017companyshares
Growth Performance Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award performance period	2 years
Base target share award | shares	0.1
Maximum cash payout ration	100.00%
Growth Performance Stock Units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights percentage	0.00%
Growth Performance Stock Units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting rights percentage	250.00%
Performance Stock Unit awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Award performance period	3 years
Number of companies forming peer group | company	320
Percentage of award intended to pay out in stock	65.00%
Reserved percentage of award intended to pay out in cash	100.00%
Percentage recorded as a liability	35.00%
Performance Stock Unit awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Base award percentage of Total Shareholder Return	0.00%
Performance Stock Unit awards | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Base award percentage of Total Shareholder Return	175.00%

STOCK-BASED COMPENSATION - Calc

STOCK-BASED COMPENSATION - Calculation and Assumptions Utilized in Calculation of Fair Values of Options Granted (Detail) - Performance Stock Unit - $ / shares shares in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total shares base award	0.1	0.1
Grant date per share fair value (in dollars per share)	$ 50.75	$ 40.16
Risk-free interest rate	1.50%	1.30%
Expected life in years	3 years	3 years
Expected volatility (over expected life)	19.50%	19.20%
Expected dividend yield (over expected life)	2.80%	3.10%

STOCK-BASED COMPENSATION - Perf

STOCK-BASED COMPENSATION - Performance Awards (Details) - USD ($) shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
3 year performance cycle, 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
Cash Portion		$ 8.5
3 year performance cycle, 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
Cash Portion	$ 9.8
2 year performance cycle, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Distributed		0.2
Cash Portion		$ 6.7
Two year Performance Cycle Payout as a Percent Of The Base Award		224.70%
2 year performance cycle, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares Distributed	0.1
Cash Portion	$ 0.8
Two year Performance Cycle Payout as a Percent Of The Base Award	36.00%

ACQUISITIONS - Estimated Fair V

ACQUISITIONS - Estimated Fair Values Of The Assets Acquired And Liabilities Assumed (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Business Acquisition [Line Items]
Goodwill	$ 821.4		$ 791.3
Series of Individually Immaterial Business Acquisitions
Business Acquisition [Line Items]
Accounts receivable	10	$ 4.6
Inventory	6.3	5.3
Property, plant and equipment	14.6	2.8
Goodwill	12.8	5.8
Other intangible assets, primarily customer-related intangibles	19.5	14.8
Other current and long-term assets	1.1	0
Current liabilities	(4.6)	(4)
Long-term liabilities	(5.6)	0
Non-controlling interest	(0.5)	0
Fair value of net identifiable assets	53.6	29.3
Additional consideration payable	(2.8)	(1.8)
Additional consideration receivable	0	0.2
Additional consideration for prior year acquisitions	0	0.3
Common stock issued for acquired companies	(11.8)	0
Net cash consideration	$ 39	$ 28

ACQUISITIONS - Purchase Price A

ACQUISITIONS - Purchase Price Allocations Related To Acquisitions (Details) - acquisition	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Distributor and Installer of Geosynthetic Products, Carpet Cushion, and Surface-critical Bent Tube Components | Residential Products and Furniture Products
Business Acquisition [Line Items]
Number of Acquisitions	3
Distributor of Geosynthetic Products and Fabricated Tubing and Pipe Assemblies | Specialized Products-CVP unit
Business Acquisition [Line Items]
Number of Acquisitions		2

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2017USD ($)acquisition	Sep. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Business Acquisition [Line Items]
Contingent consideration, liability	$ 0		$ 14.5
Contingent consideration, long-term liability	0		12.1
Contingent consideration, short-term liability	0		2.4
Goodwill	821.4		$ 791.3
Purchase price	2.6	$ 35.2
Series of Individually Immaterial Business Acquisitions
Business Acquisition [Line Items]
Goodwill	$ 12.8	$ 5.8
Asian Joint Venture
Business Acquisition [Line Items]
Percentage of voting interest acquired	20.00%
Purchase price	$ 2.6
Residential Products and Furniture Products | Distributor and Installer of Geosynthetic Products, Carpet Cushion, and Surface-critical Bent Tube Components
Business Acquisition [Line Items]
Number of Acquisitions | acquisition	3
Goodwill	$ 0
Residential Products
Business Acquisition [Line Items]
Goodwill	0
Furniture Products
Business Acquisition [Line Items]
Goodwill	$ 0

Components of Net Pension (Expe

Components of Net Pension (Expense) Income (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Retirement Benefits [Abstract]
Expected employer contribution	$ 14.8		$ 14.8
Increase from prior year employer contributions	10		10
Components of net pension expense
Service cost	1.3	$ 1.1	3.8	$ 3.4
Interest cost	2.7	2.8	8.3	8.7
Expected return on plan assets	(3.4)	(3.3)	(10.1)	(9.8)
Recognized net actuarial loss	1.2	1	3.5	3.4
Net pension expense	$ 1.8	$ 1.6	$ 5.5	$ 5.7

STATEMENT OF CHANGES IN EQUIT54

STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME - Statement of Changes in Equity (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			$ 1,094	$ 1,097.7
Effect of accounting change on prior years (See Note 2)					$ 1.2
Adjusted beginning balance, January 1, 2017					1,095.2
Net earnings	$ 82.6	$ 93.6	256.3	304.5
Earnings attributable to noncontrolling interest, net of tax	0	(0.1)	0	(0.3)
Dividends declared			(140.2)	(134)
Dividends paid to noncontrolling interest				(1.6)
Treasury stock purchased			(161)	(193.8)
Treasury stock issued			28	32.4
Foreign currency translation adjustments			69.9	2.4
Cash flow hedges, net of tax	0.8	2.3	5.4	8.3
Defined benefit pension plans, net of tax	0.4	0.6	1.5	2.2
Stock-based compensation transactions, net of tax			20.3	20.8
Purchase of remaining interest in noncontrolling interest, net of acquisitions			(2.6)
Purchase of remaining interest in noncontrolling interest, net of acquisitions				(35.3)
Ending balance	1,172.8	1,103.6	1,172.8	1,103.6
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			2,410.5	2,209.2
Effect of accounting change on prior years (See Note 2)					1.2
Adjusted beginning balance, January 1, 2017					2,411.7
Net earnings			256.3	304.5
Earnings attributable to noncontrolling interest, net of tax			0	(0.3)
Dividends declared			(144.1)	(137.8)
Ending balance	2,523.9	2,375.6	2,523.9	2,375.6
Common Stock & Additional Contributed Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			508.2	531.5
Adjusted beginning balance, January 1, 2017					508.2
Dividends declared			3.9	3.8
Treasury stock issued			(15.8)	(24.5)
Stock-based compensation transactions, net of tax			20.3	20.8
Purchase of remaining interest in noncontrolling interest, net of acquisitions			(0.7)
Purchase of remaining interest in noncontrolling interest, net of acquisitions				(27.9)
Ending balance	515.9	503.7	515.9	503.7
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			(1,713.5)	(1,564)
Adjusted beginning balance, January 1, 2017					(1,713.5)
Treasury stock purchased			(161)	(193.8)
Treasury stock issued			43.8	56.9
Ending balance	(1,830.7)	(1,700.9)	(1,830.7)	(1,700.9)
Noncontrolling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			2.4	12.1
Adjusted beginning balance, January 1, 2017					2.4
Earnings attributable to noncontrolling interest, net of tax			0	0.3
Dividends declared			0
Dividends paid to noncontrolling interest				(1.6)
Foreign currency translation adjustments			0.1	0
Purchase of remaining interest in noncontrolling interest, net of acquisitions			(1.9)
Purchase of remaining interest in noncontrolling interest, net of acquisitions				(8.4)
Ending balance	0.6	2.4	0.6	2.4
Accumulated Other Comprehensive Income
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			(113.6)	(91.1)
Adjusted beginning balance, January 1, 2017					$ (113.6)
Foreign currency translation adjustments			69.8	2.4
Cash flow hedges, net of tax			5.4	8.3
Defined benefit pension plans, net of tax			1.5	2.2
Purchase of remaining interest in noncontrolling interest, net of acquisitions			0
Purchase of remaining interest in noncontrolling interest, net of acquisitions				1
Ending balance	$ (36.9)	$ (77.2)	$ (36.9)	$ (77.2)

STATEMENT OF CHANGES IN EQUIT55

STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME - Changes in Each Component of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net sales	$ 1,009.7	$ 948.9	$ 2,959.3	$ 2,846.2
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance beginning of period			(113.6)	(91.1)
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Other comprehensive income (loss)			70.6	3.7
Reclassifications, pretax			9.2	13.6
Income tax effect			(3.1)	(4.4)
Attributable to noncontrolling interest			0	1
Balance end of period	(36.9)	(77.2)	(36.9)	(77.2)
Other income (expense), net	0.9	2.3	3.7	6
Interest expense	10.2	9.9	31.2	29.4
Net sales
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Reclassifications, pretax			2	8.4
Cost of goods sold; selling and administrative expenses
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Reclassifications, pretax			4	3.8
Other expense, net
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Reclassifications, pretax			0
Interest expense
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Reclassifications, pretax			3.2	3.1
Loss from discontinued operations, net of tax
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Reclassifications, pretax				(1.7)
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance beginning of period			(38.6)	(4.8)
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Other comprehensive income (loss)			69.8	4.1
Reclassifications, pretax			0	(1.7)
Income tax effect			0	0
Attributable to noncontrolling interest			0	1
Balance end of period	31.2	(1.4)	31.2	(1.4)
Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance beginning of period			(17.8)	(28.2)
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Other comprehensive income (loss)			1.7	(0.5)
Reclassifications, pretax			5.7	11.9
Income tax effect			(2)	(3.1)
Attributable to noncontrolling interest			0	0
Balance end of period	(12.4)	(19.9)	(12.4)	(19.9)
Defined Benefit Pension Plans
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance beginning of period			(57.2)	(58.1)
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Other comprehensive income (loss)			(0.9)	0.1
Reclassifications, pretax			3.5	3.4
Income tax effect			(1.1)	(1.3)
Attributable to noncontrolling interest			0	0
Balance end of period	$ (55.7)	$ (55.9)	(55.7)	(55.9)
Reclassification out of Accumulated Other Comprehensive Income | Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net sales			0	0
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Other income (expense), net			0	(1.7)
Cost of goods sold; selling and administrative expenses			0	0
Interest expense			0	0
Reclassification out of Accumulated Other Comprehensive Income | Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net sales			2	8.4
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Other income (expense), net			0	0
Cost of goods sold; selling and administrative expenses			0.5	0.4
Interest expense			3.2	3.1
Reclassification out of Accumulated Other Comprehensive Income | Defined Benefit Pension Plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net sales			0	0
Other Comprehensive Income (Loss), before Tax Period Change [Abstract]
Other income (expense), net			0	0
Cost of goods sold; selling and administrative expenses			3.5	3.4
Interest expense			$ 0	$ 0

FAIR VALUE - Items Measured at

FAIR VALUE - Items Measured at Fair Value on a Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (Note 14)	$ 2.4	$ 0.8
Total assets	247.4	173.4
Derivative liabilities (Note 14)	1.5	4.1
Total liabilities	33.9	29.7
Bank time deposits with original maturities of three months or less | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Bank time deposits with original maturities of three months or less	212.3	145.8
Diversified investments associated with the Executive Stock Unit Program (ESUP) | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Diversified investments associated with the Executive Stock Unit Program (ESUP)	32.7	26.8
Liabilities Associated With Esup | Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	32.4	25.6
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (Note 14)	0	0
Total assets	32.7	26.8
Derivative liabilities (Note 14)	0	0
Total liabilities	32.4	25.6
Level 1 | Bank time deposits with original maturities of three months or less
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Bank time deposits with original maturities of three months or less	0	0
Level 1 | Diversified investments associated with the Executive Stock Unit Program (ESUP)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Diversified investments associated with the Executive Stock Unit Program (ESUP)	32.7	26.8
Level 1 | Liabilities Associated With Esup
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	32.4	25.6
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (Note 14)	2.4	0.8
Total assets	214.7	146.6
Derivative liabilities (Note 14)	1.5	4.1
Total liabilities	1.5	4.1
Level 2 | Bank time deposits with original maturities of three months or less
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Bank time deposits with original maturities of three months or less	212.3	145.8
Level 2 | Diversified investments associated with the Executive Stock Unit Program (ESUP)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Diversified investments associated with the Executive Stock Unit Program (ESUP)	0	0
Level 2 | Liabilities Associated With Esup
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (Note 14)	0	0
Total assets	0	0
Derivative liabilities (Note 14)	0	0
Total liabilities	0	0
Level 3 | Bank time deposits with original maturities of three months or less
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Bank time deposits with original maturities of three months or less	0	0
Level 3 | Diversified investments associated with the Executive Stock Unit Program (ESUP)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Diversified investments associated with the Executive Stock Unit Program (ESUP)	0	0
Level 3 | Liabilities Associated With Esup
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities	$ 0	$ 0

FAIR VALUE - Additional Informa

FAIR VALUE - Additional Information (Detail) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Amount of transfers between Level 1 and Level 2	$ 0	$ 0
Fixed rate debt carrying value	750,000,000
Fixed rate debt difference between carrying value and fair value	$ 20	$ 20

DERIVATIVE FINANCIAL INSTRUME58

DERIVATIVE FINANCIAL INSTRUMENTS - Fair Value (Detail) - USD ($) $ in Millions	Sep. 30, 2017	Dec. 31, 2016
Other Current Assets
Derivatives, Fair Value [Line Items]
Total derivative assets	$ 2.3	$ 0.8
Other Current Liabilities
Derivatives, Fair Value [Line Items]
Total derivative liabilities	1.3	4.1
Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Total derivative liabilities	0.2
Derivatives designated as hedging instruments | Sundry Assets
Derivatives, Fair Value [Line Items]
Total derivative assets	0.1
Derivatives designated as hedging instruments | Sundry Assets | Future DKK sales of Polish subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0
Not Designated as Hedging Instrument | Other Current Assets
Derivatives, Fair Value [Line Items]
Total derivative assets	0.1	0
Not Designated as Hedging Instrument | Sundry Assets
Derivatives, Fair Value [Line Items]
Total derivative assets	0
Not Designated as Hedging Instrument | Other Current Liabilities
Derivatives, Fair Value [Line Items]
Total derivative liabilities	0.1	0.4
Not Designated as Hedging Instrument | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Total derivative liabilities	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Future USD sales of Canadian, Chinese, European and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	128.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Future DKK sales of Polish subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	3.7	10.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Future USD purchases of Canadian, European and South Korean subsidiaries
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	14.2
Cash Flow Hedging | Derivatives designated as hedging instruments | Future EUR sales of UK, Chinese and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	25.9	6.4
Cash Flow Hedging | Derivatives designated as hedging instruments | Future MXN purchases of a USD subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	7	5.8
Cash Flow Hedging | Derivatives designated as hedging instruments | Future JPY sales of Chinese subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	9.7	3.5
Cash Flow Hedging | Derivatives designated as hedging instruments | Future USD sales of Canadian, Chinese and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges		80.4
Cash Flow Hedging | Derivatives designated as hedging instruments | Future USD purchases of European subsidiaries
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges		3.8
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Assets
Derivatives, Fair Value [Line Items]
Total cash flow hedges, Assets	2.1	0.5
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Assets | Future USD sales of Canadian, Chinese, European and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	2
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Assets | Future DKK sales of Polish subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0.1	0.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Assets | Future USD purchases of Canadian, European and South Korean subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Assets | Future EUR sales of UK, Chinese and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Assets | Future MXN purchases of a USD subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Assets | Future JPY sales of Chinese subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0	0.3
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Assets | Future USD sales of Canadian, Chinese and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets		0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Assets | Future USD purchases of European subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets		0.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Sundry Assets
Derivatives, Fair Value [Line Items]
Total cash flow hedges, Assets	0.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Sundry Assets | Future USD sales of Canadian, Chinese, European and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Sundry Assets | Future USD purchases of Canadian, European and South Korean subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Sundry Assets | Future EUR sales of UK, Chinese and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Sundry Assets | Future MXN purchases of a USD subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Sundry Assets | Future JPY sales of Chinese subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Assets	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Liabilities
Derivatives, Fair Value [Line Items]
Total cash flow hedges, Liabilities	0.7	3.5
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Liabilities | Future USD sales of Canadian, Chinese, European and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Liabilities | Future DKK sales of Polish subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Liabilities | Future USD purchases of Canadian, European and South Korean subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Liabilities | Future EUR sales of UK, Chinese and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0.3	0.2
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Liabilities | Future MXN purchases of a USD subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0.1	0.9
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Liabilities | Future JPY sales of Chinese subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0.1	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Liabilities | Future USD sales of Canadian, Chinese and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities		2.4
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Current Liabilities | Future USD purchases of European subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities		0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Total cash flow hedges, Liabilities	0.2
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | Future USD sales of Canadian, Chinese, European and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | Future DKK sales of Polish subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | Future USD purchases of Canadian, European and South Korean subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0.1
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | Future EUR sales of UK, Chinese and Swiss subsidiaries
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | Future MXN purchases of a USD subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0
Cash Flow Hedging | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | Future JPY sales of Chinese subsidiary
Derivatives, Fair Value [Line Items]
Currency cash flow derivatives designated as hedging instruments, Liabilities	0
Fair value hedges | Derivatives designated as hedging instruments | DKK liability on a GBP subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	13
Fair value hedges | Derivatives designated as hedging instruments | DKK inter-company note receivables on a USD subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	2.4
Fair value hedges | Derivatives designated as hedging instruments | ZAR inter-company note receivable on a USD subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	2.3	2.3
Fair value hedges | Derivatives designated as hedging instruments | USD inter-company note receivable on a Swiss subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	12.7
Fair value hedges | Derivatives designated as hedging instruments | USD inter-company note receivable on a CAD subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges		24
Fair value hedges | Derivatives designated as hedging instruments | PLN inter-company note receivable on GBP subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges		2.3
Fair value hedges | Derivatives designated as hedging instruments | Other Current Assets
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0.1	0.3
Fair value hedges | Derivatives designated as hedging instruments | Other Current Assets | DKK liability on a GBP subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0.1
Fair value hedges | Derivatives designated as hedging instruments | Other Current Assets | DKK inter-company note receivables on a USD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0
Fair value hedges | Derivatives designated as hedging instruments | Other Current Assets | ZAR inter-company note receivable on a USD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0	0
Fair value hedges | Derivatives designated as hedging instruments | Other Current Assets | USD inter-company note receivable on a Swiss subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0
Fair value hedges | Derivatives designated as hedging instruments | Other Current Assets | USD inter-company note receivable on a CAD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets		0.2
Fair value hedges | Derivatives designated as hedging instruments | Other Current Assets | PLN inter-company note receivable on GBP subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets		0.1
Fair value hedges | Derivatives designated as hedging instruments | Sundry Assets
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0
Fair value hedges | Derivatives designated as hedging instruments | Sundry Assets | DKK liability on a GBP subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0
Fair value hedges | Derivatives designated as hedging instruments | Sundry Assets | DKK inter-company note receivables on a USD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0
Fair value hedges | Derivatives designated as hedging instruments | Sundry Assets | ZAR inter-company note receivable on a USD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0
Fair value hedges | Derivatives designated as hedging instruments | Sundry Assets | USD inter-company note receivable on a Swiss subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Assets	0
Fair value hedges | Derivatives designated as hedging instruments | Other Current Liabilities
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0.5	0.2
Fair value hedges | Derivatives designated as hedging instruments | Other Current Liabilities | DKK liability on a GBP subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0
Fair value hedges | Derivatives designated as hedging instruments | Other Current Liabilities | DKK inter-company note receivables on a USD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0.1
Fair value hedges | Derivatives designated as hedging instruments | Other Current Liabilities | ZAR inter-company note receivable on a USD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0.3	0.1
Fair value hedges | Derivatives designated as hedging instruments | Other Current Liabilities | USD inter-company note receivable on a Swiss subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0.1
Fair value hedges | Derivatives designated as hedging instruments | Other Current Liabilities | USD inter-company note receivable on a CAD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities		0.1
Fair value hedges | Derivatives designated as hedging instruments | Other Current Liabilities | PLN inter-company note receivable on GBP subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities		0
Fair value hedges | Derivatives designated as hedging instruments | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0
Fair value hedges | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | DKK liability on a GBP subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0
Fair value hedges | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | DKK inter-company note receivables on a USD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0
Fair value hedges | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | ZAR inter-company note receivable on a USD subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0
Fair value hedges | Derivatives designated as hedging instruments | Other Noncurrent Liabilities | USD inter-company note receivable on a Swiss subsidiary
Derivatives, Fair Value [Line Items]
Fair value derivatives designated as hedging instruments, Liabilities	0
Fair value hedges | Not Designated as Hedging Instrument | Non-deliverable hedge on EUR exposure to CNY
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	7.1
Fair value hedges | Not Designated as Hedging Instrument | Non-deliverable hedge on JPY exposure to CNY
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges	2.7
Fair value hedges | Not Designated as Hedging Instrument | Non-deliverable hedge on USD exposure to CNY
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges		19
Fair value hedges | Not Designated as Hedging Instrument | Hedge of EUR Cash on USD subsidiary
Derivatives, Fair Value [Line Items]
Total USD Equivalent Notional Amount, Currency cash flow hedges		5.9
Fair value hedges | Not Designated as Hedging Instrument | Other Current Assets | Non-deliverable hedge on EUR exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, assets	0
Fair value hedges | Not Designated as Hedging Instrument | Other Current Assets | Non-deliverable hedge on JPY exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, assets	0
Fair value hedges | Not Designated as Hedging Instrument | Other Current Assets | Non-deliverable hedge on USD exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, assets		0
Fair value hedges | Not Designated as Hedging Instrument | Other Current Assets | Hedge of EUR Cash on USD subsidiary
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, assets		0
Fair value hedges | Not Designated as Hedging Instrument | Sundry Assets | Non-deliverable hedge on EUR exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, assets	0
Fair value hedges | Not Designated as Hedging Instrument | Sundry Assets | Non-deliverable hedge on JPY exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, assets	0
Fair value hedges | Not Designated as Hedging Instrument | Other Current Liabilities | Non-deliverable hedge on EUR exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, liabilities	0.1
Fair value hedges | Not Designated as Hedging Instrument | Other Current Liabilities | Non-deliverable hedge on JPY exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, liabilities	0
Fair value hedges | Not Designated as Hedging Instrument | Other Current Liabilities | Non-deliverable hedge on USD exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, assets		0.3
Fair value hedges | Not Designated as Hedging Instrument | Other Current Liabilities | Hedge of EUR Cash on USD subsidiary
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, assets		$ 0.1
Fair value hedges | Not Designated as Hedging Instrument | Other Noncurrent Liabilities | Non-deliverable hedge on EUR exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, liabilities	0
Fair value hedges | Not Designated as Hedging Instrument | Other Noncurrent Liabilities | Non-deliverable hedge on JPY exposure to CNY
Derivatives, Fair Value [Line Items]
Currency derivative instruments not designated as hedging instruments, liabilities	$ 0

DERIVATIVE FINANCIAL INSTRUME59

DERIVATIVE FINANCIAL INSTRUMENTS - Gains (Losses) of Hedging Activities Recorded in Income (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Derivatives designated as hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss recorded in income	$ (0.5)	$ 3.8	$ 2	$ 9.5
Derivatives designated as hedging instruments | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss recorded in income	0	4.1	3.6	11.8
Derivatives designated as hedging instruments | Fair value hedges | Other expense (income), net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss recorded in income	0.1	0.2	0.5	2
Not Designated as Hedging Instrument | Other expense (income), net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss recorded in income	0.4	0.1	1.1	0.3
Interest rate cash flow hedges | Derivatives designated as hedging instruments | Cash Flow Hedging | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss recorded in income	(1.1)	(1)	(3.2)	(3.1)
Currency cash flow hedges | Derivatives designated as hedging instruments | Cash Flow Hedging | Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss recorded in income	(0.1)	(0.4)	(0.2)	(0.8)
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	1.5	(2.7)	0.1	(7.9)
Currency cash flow hedges | Derivatives designated as hedging instruments | Cash Flow Hedging | Other expense (income), net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of (Gain) Loss recorded in income	$ (0.3)	$ 0	$ 0	$ 0

CONTINGENCIES - Additional Info

CONTINGENCIES - Additional Information (Detail)

Jan. 13, 2017USD ($)

Jun. 09, 2016USD ($)

Apr. 05, 2016

Dec. 15, 2015USD ($)

Dec. 04, 2015USD ($)

Sep. 04, 2014assessment

Jul. 31, 2014USD ($)

Jul. 01, 2014USD ($)

Jun. 26, 2014USD ($)

Apr. 17, 2014USD ($)

Mar. 27, 2014USD ($)

Jun. 21, 2013USD ($)

Feb. 01, 2013USD ($)

Dec. 18, 2012USD ($)

Dec. 17, 2012USD ($)

Oct. 04, 2012USD ($)

Dec. 30, 2011USD ($)

Dec. 22, 2011USD ($)

Feb. 28, 2011

Apr. 16, 2009USD ($)

Sep. 30, 2017USD ($)

Jun. 30, 2017USD ($)

Dec. 31, 2016USD ($)

Sep. 30, 2016USD ($)

Jun. 30, 2016USD ($)

Dec. 31, 2015USD ($)

Commitments And Contingencies [Line Items]

Accrual

$ 0

$ 3,400,000

$ 3,200,000

$ 4,100,000

$ 4,100,000

$ 8,100,000

Loss contingency, range of possible loss, portion not accrued

22,000,000

Brazilian Value- Added Tax Matters

Commitments And Contingencies [Line Items]

Damages

$ 1,200,000

$ 4,800,000

$ 3,700,000

$ 800,000

$ 1,800,000

$ 900,000

$ 2,500,000

$ 100,000

$ 500,000

$ 4,100,000

$ 2,000,000

$ 100,000

$ 2,300,000

$ 1,800,000

5,100,000

Deposit to annul damages sought

$ 1,100,000

Improperly offset social contribution

$ 100,000

$ 100,000

Litigation settlement, amount awarded to other party

$ 600,000

Tax Credit Matters [Member]

Commitments And Contingencies [Line Items]

Damages

2,700,000

Pending Litigation | Brazilian Value- Added Tax Matters

Commitments And Contingencies [Line Items]

Estimate of possible loss

21,000,000

Accrual

0

Estimate of possible loss, offsetting deposit asset

12,900,000

Pending Litigation | Tax Credit Matters [Member]

Commitments And Contingencies [Line Items]

Additional assessments issued | assessment

5

Pending Litigation | Antitrust, Patent Infringement, And Other Matters [Member]

Commitments And Contingencies [Line Items]

Estimate of possible loss

$ 1,000,000

Polyurethane Foam Antitrust Litigation | Settled Litigation | Indirect Purchaser Class Action Cases [Member]

Commitments And Contingencies [Line Items]

Percentage factor of damages allegedly suffered

300.00%

Carpenter Co., et al. v. BASF SE, et al., Case No. 2:08-cv-0516 | Settled Litigation | Alleged Antitrust Violations [Member]

Commitments And Contingencies [Line Items]

Percentage factor of damages allegedly suffered

300.00%

Lacrosse Furniture Company v.s. Future Foam, Inc.

Commitments And Contingencies [Line Items]

Damages

$ 22,200,000

Number of years of pre-judgment trust sought

3 years

Statutory interest rate

10.00%

CONTINGENCIES - Litigation Cont

CONTINGENCIES - Litigation Contingency Accrual (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Loss Contingency Accrual [Roll Forward]
Litigation contingency accrual - Beginning of period	$ 3.4	$ 4.1	$ 3.2	$ 8.1
Cash payments	(5)	0	(5)	(9)
Litigation contingency accrual - End of period	0	4.1	0	4.1
Continuing operations
Loss Contingency Accrual [Roll Forward]
Provision for contingency accrual	0	0	0.2	5
Discontinued operations
Loss Contingency Accrual [Roll Forward]
Provision for contingency accrual	$ 1.6	$ 0	$ 1.6	$ 0