Leggett & Platt LEG Impairment of assets held for sale
Impairment of assets held for sale at other companies
Other financials
Where this comes from
Reported directly by Leggett & Platt in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsToBeDisposedOf.
The official record: Leggett & Platt’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Leggett & Platt's impairment of assets held for sale?
- Leggett & Platt (LEG) reported impairment of assets held for sale of $2.8M in Q1 2026.
- How has Leggett & Platt's impairment of assets held for sale changed year-over-year?
- Leggett & Platt's impairment of assets held for sale decreased by 41.1% year-over-year, from $4.75M to $2.8M.
- What does impairment of assets held for sale mean?
- This metric represents the non-cash charge recognized when the carrying amount of long-lived assets exceeds their fair value, indicating a decline in the expected future economic benefit of those assets. It reflects management's assessment of asset recoverability and often signals structural challenges or strategic shifts in specific business units. Investors monitor this to identify potential write-downs that impact profitability and asset valuation.