Guarantor/Non-Guarantor Financial Information (Details) (USD $) | 3 Months Ended | 9 Months Ended | |
In Millions, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Dec. 31, 2013 |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' |
Ownership percentage by parent (in hundredths) | 100.00% | ' | 100.00% | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' | ' | ' |
Net sales | $827.40 | $735.50 | $2,244.30 | $1,786.20 | ' |
Cost of sales | 508.9 | 436.8 | 1,388 | 1,044.20 | ' |
Gross profit | 318.5 | 298.7 | 856.3 | 742 | ' |
Selling and marketing expenses | 166.8 | 150.9 | 465 | 377.1 | ' |
General, administrative and other | 70.8 | 71.9 | 210.6 | 206.9 | ' |
Equity income in earnings of unconsolidated affiliates | -1.8 | -1.2 | -5.6 | -2.5 | ' |
Royalty income, net of royalty expense | -4.4 | -4.1 | -13.5 | -9.2 | ' |
Operating (loss) income | 87.1 | 81.2 | 199.8 | 169.7 | ' |
Other expense, net: | ' | ' | ' | ' | ' |
Interest expense, net | 25.3 | 24.6 | 70.5 | 88.2 | ' |
Loss on disposal of business | 2.8 | 0 | 23.2 | 0 | ' |
Other (income), net | -0.9 | 0.9 | -0.4 | 4 | ' |
Total other expense | 27.2 | 25.5 | 93.3 | 92.2 | ' |
Income before income taxes | 59.9 | 55.7 | 106.5 | 77.5 | ' |
Income tax benefit (provision) | -22.4 | -15.5 | -43.7 | -26.9 | ' |
Net income before non-controlling interest | 37.5 | 40.2 | 62.8 | 50.6 | ' |
Less: Net income (loss) attributable to non-controlling interest | 0.4 | 0 | 0.5 | -0.5 | ' |
Net income attributable to Tempur Sealy International, Inc. | 37.1 | 40.2 | 62.3 | 51.1 | ' |
Comprehensive income attributable to Tempur Sealy International, Inc. | 14.9 | 49.6 | 44.1 | 43.4 | ' |
Current Assets: | ' | ' | ' | ' | ' |
Cash and cash equivalents | 81.8 | 126.6 | 81.8 | 126.6 | ' |
Accounts receivable, net | 402.4 | ' | 402.4 | ' | 349.2 |
Inventories | 207.3 | ' | 207.3 | ' | 199.2 |
Prepaid expenses and other current assets | 53.1 | ' | 53.1 | ' | 53.7 |
Deferred income taxes | 47.2 | ' | 47.2 | ' | 44.4 |
Total Current Assets | 791.8 | ' | 791.8 | ' | 727.5 |
Property, plant and equipment, net | 358.1 | ' | 358.1 | ' | 411.6 |
Goodwill | 738.4 | ' | 738.4 | ' | 759.6 |
Other intangible assets, net | 736.2 | ' | 736.2 | ' | 750.1 |
Deferred tax asset | 10.6 | ' | 10.6 | ' | 10.9 |
Other non-current assets | 64.6 | ' | 64.6 | ' | 70.2 |
Total Assets | 2,699.70 | ' | 2,699.70 | ' | 2,729.90 |
Current Liabilities: | ' | ' | ' | ' | ' |
Accounts payable | 249.3 | ' | 249.3 | ' | 191.2 |
Accrued expenses and other current liabilities | 233.5 | ' | 233.5 | ' | 208.4 |
Deferred income taxes | 0.8 | ' | 0.8 | ' | 0.8 |
Income taxes payable | 19.1 | ' | 19.1 | ' | 1.5 |
Current portion of long-term debt | 60.2 | ' | 60.2 | ' | 39.6 |
Total Current Liabilities | 562.9 | ' | 562.9 | ' | 441.5 |
Long-term debt | 1,586.60 | ' | 1,586.60 | ' | 1,796.90 |
Deferred income taxes | 261.9 | ' | 261.9 | ' | 286.1 |
Other non-current liabilities | 102.7 | ' | 102.7 | ' | 75.3 |
Total Liabilities | 2,514.10 | ' | 2,514.10 | ' | 2,599.80 |
Total Stockholders’ Equity | 173.6 | ' | 173.6 | ' | 118.6 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity | 2,699.70 | ' | 2,699.70 | ' | 2,729.90 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' | ' | ' |
Net cash (used in) provided by operating activities | ' | ' | 180.9 | 104.8 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' | ' | ' |
Acquisition of businesses, net of cash acquired | ' | ' | -8.5 | -1,172.90 | ' |
Proceeds from disposition of business | ' | ' | 43.5 | 0 | ' |
Purchases of property, plant and equipment | ' | ' | -30.3 | -28.4 | ' |
Other | ' | ' | 2 | 0.9 | ' |
Net cash provided by (used in) investing activities | ' | ' | 6.7 | -1,200.40 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' | ' | ' |
Proceeds from 2012 Credit Agreement | ' | ' | 239.5 | 2,917.60 | ' |
Repayments of 2012 Credit Agreement | ' | ' | -432.7 | -1,559.10 | ' |
Proceeds from issuance of Senior Notes | ' | ' | 0 | 375 | ' |
Proceeds from 2011 Credit Agreement | ' | ' | 0 | 46.5 | ' |
Repayments of 2011 Credit Agreement | ' | ' | 0 | -696.5 | ' |
Proceeds from exercise of stock options | ' | ' | 3.9 | 6 | ' |
Excess tax benefit from stock based compensation | ' | ' | 1.6 | 3.7 | ' |
Treasury shares repurchased | ' | ' | -2.2 | 0 | ' |
Payments of deferred financing costs | ' | ' | 0 | -52 | ' |
Other | ' | ' | 0.4 | -0.7 | ' |
Net cash (used in) provided by financing activities | ' | ' | -189.5 | 1,040.50 | ' |
Net effect of exchange rate changes on cash and cash equivalents | ' | ' | 2.7 | 2.4 | ' |
Increase (decrease) in cash and cash equivalents | ' | ' | 0.8 | -52.7 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | ' | ' | 81 | 179.3 | ' |
CASH AND CASH EQUIVALENTS, end of period | 81.8 | 126.6 | 81.8 | 126.6 | ' |
Tempur-Sealy International, Inc. (Ultimate Parent) [Member] | ' | ' | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' | ' | ' |
Net sales | 0 | 0 | 0 | 0 | ' |
Cost of sales | 0 | 0 | 0 | 0 | ' |
Gross profit | 0 | 0 | 0 | 0 | ' |
Selling and marketing expenses | 0.8 | 0.7 | 1.7 | 2.1 | ' |
General, administrative and other | 3.8 | 5.5 | 9.5 | 13.7 | ' |
Equity income in earnings of unconsolidated affiliates | 0 | 0 | 0 | 0 | ' |
Royalty income, net of royalty expense | 0 | 0 | 0 | 0 | ' |
Operating (loss) income | -4.6 | -6.2 | -11.2 | -15.8 | ' |
Other expense, net: | ' | ' | ' | ' | ' |
Third party interest expense, net | 6.7 | 14.7 | 20.2 | 45.4 | ' |
Intercompany interest expense (income), net | 8.2 | 0 | 24.4 | 0 | ' |
Interest expense, net | 14.9 | 14.7 | 44.6 | 45.4 | ' |
Loss on disposal of business | 0 | ' | 0 | ' | ' |
Other (income), net | 0 | 0 | 0 | 0 | ' |
Total other expense | 14.9 | 14.7 | 44.6 | 45.4 | ' |
Income from equity investees | 50 | 52.8 | 99.2 | 91.3 | ' |
Income before income taxes | 30.5 | 31.9 | 43.4 | 30.1 | ' |
Income tax benefit (provision) | 7 | 8.3 | 19.4 | 20.5 | ' |
Net income before non-controlling interest | 37.5 | 40.2 | 62.8 | 50.6 | ' |
Less: Net income (loss) attributable to non-controlling interest | 0.4 | 0 | 0.5 | -0.5 | ' |
Net income attributable to Tempur Sealy International, Inc. | 37.1 | 40.2 | 62.3 | 51.1 | ' |
Comprehensive income attributable to Tempur Sealy International, Inc. | 14.5 | 49.6 | 43.6 | 43.9 | ' |
Current Assets: | ' | ' | ' | ' | ' |
Cash and cash equivalents | 0.3 | 0 | 0.3 | 0 | ' |
Accounts receivable, net | 0 | ' | 0 | ' | 0 |
Inventories | 0 | ' | 0 | ' | 0 |
Income taxes receivable | 138.6 | ' | 138.6 | ' | 118.4 |
Prepaid expenses and other current assets | 0.4 | ' | 0.4 | ' | 0 |
Deferred income taxes | 10.9 | ' | 10.9 | ' | 10 |
Total Current Assets | 150.2 | ' | 150.2 | ' | 128.4 |
Property, plant and equipment, net | 0 | ' | 0 | ' | 0 |
Goodwill | 0 | ' | 0 | ' | 0 |
Other intangible assets, net | 0 | ' | 0 | ' | 0 |
Deferred tax asset | 0 | ' | 0 | ' | 0 |
Other non-current assets | 6.7 | ' | 6.7 | ' | 7.6 |
Net investment in subsidiaries | 1,776.60 | ' | 1,776.60 | ' | 756 |
Due from affiliates | 63.8 | ' | 63.8 | ' | 1,299.90 |
Total Assets | 1,997.30 | ' | 1,997.30 | ' | 2,191.90 |
Current Liabilities: | ' | ' | ' | ' | ' |
Accounts payable | 0 | ' | 0 | ' | 0 |
Accrued expenses and other current liabilities | 7.8 | ' | 7.8 | ' | 1.4 |
Deferred income taxes | 0 | ' | 0 | ' | 0 |
Income taxes payable | 0 | ' | 0 | ' | 0 |
Current portion of long-term debt | 0 | ' | 0 | ' | 0 |
Total Current Liabilities | 7.8 | ' | 7.8 | ' | 1.4 |
Long-term debt | 375 | ' | 375 | ' | 375 |
Deferred income taxes | 0 | ' | 0 | ' | 0 |
Other non-current liabilities | 0 | ' | 0 | ' | 0 |
Due to affiliates | 1,428.90 | ' | 1,428.90 | ' | 1,685.40 |
Total Liabilities | 1,811.70 | ' | 1,811.70 | ' | 2,061.80 |
Redeemable non-controlling interest | 12 | ' | 12 | ' | 11.5 |
Total Stockholders’ Equity | 173.6 | ' | 173.6 | ' | 118.6 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity | 1,997.30 | ' | 1,997.30 | ' | 2,191.90 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' | ' | ' |
Net cash (used in) provided by operating activities | ' | ' | -41.1 | -44.4 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' | ' | ' |
Acquisition of businesses, net of cash acquired | ' | ' | 0 | 0 | ' |
Proceeds from disposition of business | ' | ' | 0 | 0 | ' |
Purchases of property, plant and equipment | ' | ' | 0 | 0 | ' |
Other | ' | ' | 0 | 0 | ' |
Net cash provided by (used in) investing activities | ' | ' | 0 | 0 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' | ' | ' |
Proceeds from 2012 Credit Agreement | ' | ' | 0 | 0 | ' |
Repayments of 2012 Credit Agreement | ' | ' | 0 | 0 | ' |
Proceeds from issuance of Senior Notes | ' | ' | 0 | 375 | ' |
Proceeds from 2011 Credit Agreement | ' | ' | ' | 0 | ' |
Repayments of 2011 Credit Agreement | ' | ' | ' | 0 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | ' | ' | 38.1 | -797.1 | ' |
Proceeds from exercise of stock options | ' | ' | 3.9 | 6 | ' |
Excess tax benefit from stock based compensation | ' | ' | 1.6 | 3.7 | ' |
Treasury shares repurchased | ' | ' | -2.2 | 465.2 | ' |
Payments of deferred financing costs | ' | ' | 0 | -8.4 | ' |
Other | ' | ' | 0 | 0 | ' |
Net cash (used in) provided by financing activities | ' | ' | 41.4 | 44.4 | ' |
Net effect of exchange rate changes on cash and cash equivalents | ' | ' | 0 | 0 | ' |
Increase (decrease) in cash and cash equivalents | ' | ' | 0.3 | 0 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | ' | ' | 0 | 0 | ' |
CASH AND CASH EQUIVALENTS, end of period | 0.3 | 0 | 0.3 | 0 | ' |
Combined Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' | ' | ' |
Net sales | 639.3 | 543 | 1,684.10 | 1,281.80 | ' |
Cost of sales | 414.7 | 339.1 | 1,112.60 | 805.7 | ' |
Gross profit | 224.6 | 203.9 | 571.5 | 476.1 | ' |
Selling and marketing expenses | 121.1 | 111.6 | 326.5 | 264.3 | ' |
General, administrative and other | 49.5 | 45.8 | 148.6 | 137.9 | ' |
Equity income in earnings of unconsolidated affiliates | 0 | 0 | 0 | 0 | ' |
Royalty income, net of royalty expense | -4.4 | -4.1 | -13.5 | -9.2 | ' |
Operating (loss) income | 58.4 | 50.6 | 109.9 | 83.1 | ' |
Other expense, net: | ' | ' | ' | ' | ' |
Third party interest expense, net | 17.9 | 8.9 | 48.6 | 40.6 | ' |
Intercompany interest expense (income), net | -8.7 | 0 | -25.9 | 0 | ' |
Interest expense, net | 9.2 | 8.9 | 22.7 | 40.6 | ' |
Loss on disposal of business | 2.8 | ' | 23.2 | ' | ' |
Other (income), net | -0.7 | 0 | -1.6 | -0.3 | ' |
Total other expense | 11.3 | 8.9 | 44.3 | 40.3 | ' |
Income from equity investees | 25.3 | 25.3 | 74.8 | 71.6 | ' |
Income before income taxes | 72.4 | 67 | 140.4 | 114.4 | ' |
Income tax benefit (provision) | -22.4 | -14.2 | -41.2 | -23.1 | ' |
Net income before non-controlling interest | 50 | 52.8 | 99.2 | 91.3 | ' |
Less: Net income (loss) attributable to non-controlling interest | 0.4 | 0 | 0.5 | -0.5 | ' |
Net income attributable to Tempur Sealy International, Inc. | 49.6 | 52.8 | 98.7 | 91.8 | ' |
Comprehensive income attributable to Tempur Sealy International, Inc. | 47.3 | 52.8 | 98.8 | 92.4 | ' |
Current Assets: | ' | ' | ' | ' | ' |
Cash and cash equivalents | 40.7 | 61.9 | 40.7 | 61.9 | ' |
Accounts receivable, net | 250.7 | ' | 250.7 | ' | 192.6 |
Inventories | 147.5 | ' | 147.5 | ' | 147.5 |
Income taxes receivable | 0 | ' | 0 | ' | 0 |
Prepaid expenses and other current assets | 23 | ' | 23 | ' | 26.3 |
Deferred income taxes | 31.5 | ' | 31.5 | ' | 29.3 |
Total Current Assets | 493.4 | ' | 493.4 | ' | 426.6 |
Property, plant and equipment, net | 288.4 | ' | 288.4 | ' | 335.9 |
Goodwill | 557.2 | ' | 557.2 | ' | 577.2 |
Other intangible assets, net | 615.4 | ' | 615.4 | ' | 624.6 |
Deferred tax asset | 0 | ' | 0 | ' | 0 |
Other non-current assets | 37.6 | ' | 37.6 | ' | 47 |
Net investment in subsidiaries | 0 | ' | 0 | ' | 0 |
Due from affiliates | 2,232.70 | ' | 2,232.70 | ' | 2,306.50 |
Total Assets | 4,224.70 | ' | 4,224.70 | ' | 4,317.80 |
Current Liabilities: | ' | ' | ' | ' | ' |
Accounts payable | 198.9 | ' | 198.9 | ' | 140.5 |
Accrued expenses and other current liabilities | 160.4 | ' | 160.4 | ' | 144.2 |
Deferred income taxes | 0 | ' | 0 | ' | 0 |
Income taxes payable | 150.8 | ' | 150.8 | ' | 115.2 |
Current portion of long-term debt | 56.4 | ' | 56.4 | ' | 36.6 |
Total Current Liabilities | 566.5 | ' | 566.5 | ' | 436.5 |
Long-term debt | 1,211.60 | ' | 1,211.60 | ' | 1,421.90 |
Deferred income taxes | 230.6 | ' | 230.6 | ' | 252.8 |
Other non-current liabilities | 94.2 | ' | 94.2 | ' | 69.1 |
Due to affiliates | 345.3 | ' | 345.3 | ' | 1,381.50 |
Total Liabilities | 2,448.20 | ' | 2,448.20 | ' | 3,561.80 |
Redeemable non-controlling interest | 12 | ' | 12 | ' | 11.5 |
Total Stockholders’ Equity | 1,764.50 | ' | 1,764.50 | ' | 744.5 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity | 4,224.70 | ' | 4,224.70 | ' | 4,317.80 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' | ' | ' |
Net cash (used in) provided by operating activities | ' | ' | 146 | 80.9 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' | ' | ' |
Acquisition of businesses, net of cash acquired | ' | ' | 0 | -1,035.30 | ' |
Proceeds from disposition of business | ' | ' | 43.5 | 0 | ' |
Purchases of property, plant and equipment | ' | ' | -20.7 | -20.4 | ' |
Other | ' | ' | 2.9 | -53 | ' |
Net cash provided by (used in) investing activities | ' | ' | 25.7 | -1,108.70 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' | ' | ' |
Proceeds from 2012 Credit Agreement | ' | ' | 239.5 | 2,917.60 | ' |
Repayments of 2012 Credit Agreement | ' | ' | -432.7 | -1,559.10 | ' |
Proceeds from issuance of Senior Notes | ' | ' | 0 | 0 | ' |
Proceeds from 2011 Credit Agreement | ' | ' | ' | 46.5 | ' |
Repayments of 2011 Credit Agreement | ' | ' | ' | -696.5 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | ' | ' | 32.5 | 871.6 | ' |
Proceeds from exercise of stock options | ' | ' | 0 | 0 | ' |
Excess tax benefit from stock based compensation | ' | ' | 0 | 0 | ' |
Treasury shares repurchased | ' | ' | 0 | -465.2 | ' |
Payments of deferred financing costs | ' | ' | 0 | -43.6 | ' |
Other | ' | ' | -1.2 | -0.8 | ' |
Net cash (used in) provided by financing activities | ' | ' | -161.9 | 1,070.50 | ' |
Net effect of exchange rate changes on cash and cash equivalents | ' | ' | 0 | 0 | ' |
Increase (decrease) in cash and cash equivalents | ' | ' | 9.8 | 42.7 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | ' | ' | 30.9 | 19.2 | ' |
CASH AND CASH EQUIVALENTS, end of period | 40.7 | 61.9 | 40.7 | 61.9 | ' |
Combined Non-Guarantor Subsidiaries [Member] | ' | ' | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' | ' | ' |
Net sales | 203.9 | 198.4 | 592.7 | 521.8 | ' |
Cost of sales | 110 | 103.6 | 307.9 | 255.9 | ' |
Gross profit | 93.9 | 94.8 | 284.8 | 265.9 | ' |
Selling and marketing expenses | 44.9 | 38.6 | 136.8 | 110.7 | ' |
General, administrative and other | 17.5 | 20.6 | 52.5 | 55.3 | ' |
Equity income in earnings of unconsolidated affiliates | -1.8 | -1.2 | -5.6 | -2.5 | ' |
Royalty income, net of royalty expense | 0 | 0 | 0 | 0 | ' |
Operating (loss) income | 33.3 | 36.8 | 101.1 | 102.4 | ' |
Other expense, net: | ' | ' | ' | ' | ' |
Third party interest expense, net | 0.7 | 1 | 1.7 | 2.2 | ' |
Intercompany interest expense (income), net | 0.5 | 0 | 1.5 | 0 | ' |
Interest expense, net | 1.2 | 1 | 3.2 | 2.2 | ' |
Loss on disposal of business | 0 | ' | 0 | ' | ' |
Other (income), net | -0.2 | 0.9 | 1.2 | 4.3 | ' |
Total other expense | 1 | 1.9 | 4.4 | 6.5 | ' |
Income from equity investees | 0 | 0 | 0 | 0 | ' |
Income before income taxes | 32.3 | 34.9 | 96.7 | 95.9 | ' |
Income tax benefit (provision) | -7 | -9.6 | -21.9 | -24.3 | ' |
Net income before non-controlling interest | 25.3 | 25.3 | 74.8 | 71.6 | ' |
Less: Net income (loss) attributable to non-controlling interest | 0 | 0 | 0 | 0 | ' |
Net income attributable to Tempur Sealy International, Inc. | 25.3 | 25.3 | 74.8 | 71.6 | ' |
Comprehensive income attributable to Tempur Sealy International, Inc. | 0.5 | 34.6 | 53.4 | 66.4 | ' |
Current Assets: | ' | ' | ' | ' | ' |
Cash and cash equivalents | 40.8 | 64.7 | 40.8 | 64.7 | ' |
Accounts receivable, net | 151.7 | ' | 151.7 | ' | 156.6 |
Inventories | 59.8 | ' | 59.8 | ' | 51.7 |
Income taxes receivable | 0 | ' | 0 | ' | 0 |
Prepaid expenses and other current assets | 29.7 | ' | 29.7 | ' | 27.4 |
Deferred income taxes | 4.8 | ' | 4.8 | ' | 5.1 |
Total Current Assets | 286.8 | ' | 286.8 | ' | 290.9 |
Property, plant and equipment, net | 69.7 | ' | 69.7 | ' | 75.7 |
Goodwill | 181.2 | ' | 181.2 | ' | 182.4 |
Other intangible assets, net | 120.8 | ' | 120.8 | ' | 125.5 |
Deferred tax asset | 10.6 | ' | 10.6 | ' | 10.9 |
Other non-current assets | 20.3 | ' | 20.3 | ' | 15.6 |
Net investment in subsidiaries | 0 | ' | 0 | ' | 0 |
Due from affiliates | 4.4 | ' | 4.4 | ' | 0.9 |
Total Assets | 693.8 | ' | 693.8 | ' | 701.9 |
Current Liabilities: | ' | ' | ' | ' | ' |
Accounts payable | 50.4 | ' | 50.4 | ' | 50.7 |
Accrued expenses and other current liabilities | 65.3 | ' | 65.3 | ' | 62.8 |
Deferred income taxes | 0.8 | ' | 0.8 | ' | 0.8 |
Income taxes payable | 6.9 | ' | 6.9 | ' | 4.7 |
Current portion of long-term debt | 3.8 | ' | 3.8 | ' | 3 |
Total Current Liabilities | 127.2 | ' | 127.2 | ' | 122 |
Long-term debt | 0 | ' | 0 | ' | 0 |
Deferred income taxes | 31.3 | ' | 31.3 | ' | 33.3 |
Other non-current liabilities | 8.5 | ' | 8.5 | ' | 6.2 |
Due to affiliates | 872.2 | ' | 872.2 | ' | 940.5 |
Total Liabilities | 1,039.20 | ' | 1,039.20 | ' | 1,102 |
Redeemable non-controlling interest | 0 | ' | 0 | ' | 0 |
Total Stockholders’ Equity | -345.4 | ' | -345.4 | ' | -400.1 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity | 693.8 | ' | 693.8 | ' | 701.9 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' | ' | ' |
Net cash (used in) provided by operating activities | ' | ' | 76 | 68.3 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' | ' | ' |
Acquisition of businesses, net of cash acquired | ' | ' | -8.5 | -137.6 | ' |
Proceeds from disposition of business | ' | ' | 0 | 0 | ' |
Purchases of property, plant and equipment | ' | ' | -9.6 | -8 | ' |
Other | ' | ' | -0.9 | 53.9 | ' |
Net cash provided by (used in) investing activities | ' | ' | -19 | -91.7 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' | ' | ' |
Proceeds from 2012 Credit Agreement | ' | ' | 0 | 0 | ' |
Repayments of 2012 Credit Agreement | ' | ' | 0 | 0 | ' |
Proceeds from issuance of Senior Notes | ' | ' | 0 | 0 | ' |
Proceeds from 2011 Credit Agreement | ' | ' | ' | 0 | ' |
Repayments of 2011 Credit Agreement | ' | ' | ' | 0 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | ' | ' | -70.6 | -74.5 | ' |
Proceeds from exercise of stock options | ' | ' | 0 | 0 | ' |
Excess tax benefit from stock based compensation | ' | ' | 0 | 0 | ' |
Treasury shares repurchased | ' | ' | 0 | 0 | ' |
Payments of deferred financing costs | ' | ' | 0 | 0 | ' |
Other | ' | ' | 1.6 | 0.1 | ' |
Net cash (used in) provided by financing activities | ' | ' | -69 | -74.4 | ' |
Net effect of exchange rate changes on cash and cash equivalents | ' | ' | 2.7 | 2.4 | ' |
Increase (decrease) in cash and cash equivalents | ' | ' | -9.3 | -95.4 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | ' | ' | 50.1 | 160.1 | ' |
CASH AND CASH EQUIVALENTS, end of period | 40.8 | 64.7 | 40.8 | 64.7 | ' |
Eliminations [Member] | ' | ' | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' | ' | ' |
Net sales | -15.8 | -5.9 | -32.5 | -17.4 | ' |
Cost of sales | -15.8 | -5.9 | -32.5 | -17.4 | ' |
Gross profit | 0 | 0 | 0 | 0 | ' |
Selling and marketing expenses | 0 | 0 | 0 | 0 | ' |
General, administrative and other | 0 | 0 | 0 | 0 | ' |
Equity income in earnings of unconsolidated affiliates | 0 | 0 | 0 | 0 | ' |
Royalty income, net of royalty expense | 0 | 0 | 0 | 0 | ' |
Operating (loss) income | 0 | 0 | 0 | 0 | ' |
Other expense, net: | ' | ' | ' | ' | ' |
Third party interest expense, net | 0 | 0 | 0 | 0 | ' |
Intercompany interest expense (income), net | 0 | 0 | 0 | 0 | ' |
Interest expense, net | 0 | 0 | 0 | 0 | ' |
Loss on disposal of business | 0 | ' | 0 | ' | ' |
Other (income), net | 0 | 0 | 0 | 0 | ' |
Total other expense | 0 | 0 | 0 | 0 | ' |
Income from equity investees | -75.3 | -78.1 | -174 | -162.9 | ' |
Income before income taxes | -75.3 | -78.1 | -174 | -162.9 | ' |
Income tax benefit (provision) | 0 | 0 | 0 | 0 | ' |
Net income before non-controlling interest | -75.3 | -78.1 | -174 | -162.9 | ' |
Less: Net income (loss) attributable to non-controlling interest | -0.4 | 0 | -0.5 | 0.5 | ' |
Net income attributable to Tempur Sealy International, Inc. | -74.9 | -78.1 | -173.5 | -163.4 | ' |
Comprehensive income attributable to Tempur Sealy International, Inc. | -47.8 | -87.4 | -152.2 | -158.8 | ' |
Current Assets: | ' | ' | ' | ' | ' |
Cash and cash equivalents | 0 | 0 | 0 | 0 | ' |
Accounts receivable, net | 0 | ' | 0 | ' | 0 |
Inventories | 0 | ' | 0 | ' | 0 |
Income taxes receivable | -138.6 | ' | -138.6 | ' | -118.4 |
Prepaid expenses and other current assets | 0 | ' | 0 | ' | 0 |
Deferred income taxes | 0 | ' | 0 | ' | 0 |
Total Current Assets | -138.6 | ' | -138.6 | ' | -118.4 |
Property, plant and equipment, net | 0 | ' | 0 | ' | 0 |
Goodwill | 0 | ' | 0 | ' | 0 |
Other intangible assets, net | 0 | ' | 0 | ' | 0 |
Deferred tax asset | 0 | ' | 0 | ' | 0 |
Other non-current assets | 0 | ' | 0 | ' | 0 |
Net investment in subsidiaries | -1,776.60 | ' | -1,776.60 | ' | -756 |
Due from affiliates | -2,300.90 | ' | -2,300.90 | ' | -3,607.30 |
Total Assets | -4,216.10 | ' | -4,216.10 | ' | -4,481.70 |
Current Liabilities: | ' | ' | ' | ' | ' |
Accounts payable | 0 | ' | 0 | ' | 0 |
Accrued expenses and other current liabilities | 0 | ' | 0 | ' | 0 |
Deferred income taxes | 0 | ' | 0 | ' | 0 |
Income taxes payable | -138.6 | ' | -138.6 | ' | -118.4 |
Current portion of long-term debt | 0 | ' | 0 | ' | 0 |
Total Current Liabilities | -138.6 | ' | -138.6 | ' | -118.4 |
Long-term debt | 0 | ' | 0 | ' | 0 |
Deferred income taxes | 0 | ' | 0 | ' | 0 |
Other non-current liabilities | 0 | ' | 0 | ' | 0 |
Due to affiliates | -2,646.40 | ' | -2,646.40 | ' | -4,007.40 |
Total Liabilities | -2,785 | ' | -2,785 | ' | -4,125.80 |
Redeemable non-controlling interest | -12 | ' | -12 | ' | -11.5 |
Total Stockholders’ Equity | -1,419.10 | ' | -1,419.10 | ' | -344.4 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity | -4,216.10 | ' | -4,216.10 | ' | -4,481.70 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' | ' | ' |
Net cash (used in) provided by operating activities | ' | ' | 0 | 0 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' | ' | ' |
Acquisition of businesses, net of cash acquired | ' | ' | 0 | 0 | ' |
Proceeds from disposition of business | ' | ' | 0 | 0 | ' |
Purchases of property, plant and equipment | ' | ' | 0 | 0 | ' |
Other | ' | ' | 0 | 0 | ' |
Net cash provided by (used in) investing activities | ' | ' | 0 | 0 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' | ' | ' |
Proceeds from 2012 Credit Agreement | ' | ' | 0 | 0 | ' |
Repayments of 2012 Credit Agreement | ' | ' | 0 | 0 | ' |
Proceeds from issuance of Senior Notes | ' | ' | 0 | 0 | ' |
Proceeds from 2011 Credit Agreement | ' | ' | ' | 0 | ' |
Repayments of 2011 Credit Agreement | ' | ' | ' | 0 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | ' | ' | ' | 0 | ' |
Proceeds from exercise of stock options | ' | ' | 0 | 0 | ' |
Excess tax benefit from stock based compensation | ' | ' | 0 | 0 | ' |
Treasury shares repurchased | ' | ' | 0 | 0 | ' |
Payments of deferred financing costs | ' | ' | 0 | 0 | ' |
Other | ' | ' | 0 | 0 | ' |
Net cash (used in) provided by financing activities | ' | ' | 0 | 0 | ' |
Net effect of exchange rate changes on cash and cash equivalents | ' | ' | 0 | 0 | ' |
Increase (decrease) in cash and cash equivalents | ' | ' | 0 | 0 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | ' | ' | 0 | 0 | ' |
CASH AND CASH EQUIVALENTS, end of period | 0 | 0 | 0 | 0 | ' |
Consolidated [Member] | ' | ' | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' | ' | ' |
Net sales | 827.4 | 735.5 | 2,244.30 | 1,786.20 | ' |
Cost of sales | 508.9 | 436.8 | 1,388 | 1,044.20 | ' |
Gross profit | 318.5 | 298.7 | 856.3 | 742 | ' |
Selling and marketing expenses | 166.8 | 150.9 | 465 | 377.1 | ' |
General, administrative and other | 70.8 | 71.9 | 210.6 | 206.9 | ' |
Equity income in earnings of unconsolidated affiliates | -1.8 | -1.2 | -5.6 | -2.5 | ' |
Royalty income, net of royalty expense | -4.4 | -4.1 | -13.5 | -9.2 | ' |
Operating (loss) income | 87.1 | 81.2 | 199.8 | 169.7 | ' |
Other expense, net: | ' | ' | ' | ' | ' |
Third party interest expense, net | 25.3 | 24.6 | 70.5 | 88.2 | ' |
Intercompany interest expense (income), net | 0 | 0 | 0 | 0 | ' |
Interest expense, net | 25.3 | 24.6 | 70.5 | 88.2 | ' |
Loss on disposal of business | 2.8 | ' | 23.2 | ' | ' |
Other (income), net | -0.9 | 0.9 | -0.4 | 4 | ' |
Total other expense | 27.2 | 25.5 | 93.3 | 92.2 | ' |
Income from equity investees | 0 | 0 | 0 | 0 | ' |
Income before income taxes | 59.9 | 55.7 | 106.5 | 77.5 | ' |
Income tax benefit (provision) | -22.4 | -15.5 | -43.7 | -26.9 | ' |
Net income before non-controlling interest | 37.5 | 40.2 | 62.8 | 50.6 | ' |
Less: Net income (loss) attributable to non-controlling interest | 0.4 | 0 | 0.5 | -0.5 | ' |
Net income attributable to Tempur Sealy International, Inc. | 37.1 | 40.2 | 62.3 | 51.1 | ' |
Comprehensive income attributable to Tempur Sealy International, Inc. | 14.5 | 49.6 | 43.6 | 43.9 | ' |
Current Assets: | ' | ' | ' | ' | ' |
Cash and cash equivalents | 81.8 | 126.6 | 81.8 | 126.6 | ' |
Accounts receivable, net | 402.4 | ' | 402.4 | ' | 349.2 |
Inventories | 207.3 | ' | 207.3 | ' | 199.2 |
Income taxes receivable | 0 | ' | 0 | ' | 0 |
Prepaid expenses and other current assets | 53.1 | ' | 53.1 | ' | 53.7 |
Deferred income taxes | 47.2 | ' | 47.2 | ' | 44.4 |
Total Current Assets | 791.8 | ' | 791.8 | ' | 727.5 |
Property, plant and equipment, net | 358.1 | ' | 358.1 | ' | 411.6 |
Goodwill | 738.4 | ' | 738.4 | ' | 759.6 |
Other intangible assets, net | 736.2 | ' | 736.2 | ' | 750.1 |
Deferred tax asset | 10.6 | ' | 10.6 | ' | 10.9 |
Other non-current assets | 64.6 | ' | 64.6 | ' | 70.2 |
Net investment in subsidiaries | 0 | ' | 0 | ' | 0 |
Due from affiliates | 0 | ' | 0 | ' | 0 |
Total Assets | 2,699.70 | ' | 2,699.70 | ' | 2,729.90 |
Current Liabilities: | ' | ' | ' | ' | ' |
Accounts payable | 249.3 | ' | 249.3 | ' | 191.2 |
Accrued expenses and other current liabilities | 233.5 | ' | 233.5 | ' | 208.4 |
Deferred income taxes | 0.8 | ' | 0.8 | ' | 0.8 |
Income taxes payable | 19.1 | ' | 19.1 | ' | 1.5 |
Current portion of long-term debt | 60.2 | ' | 60.2 | ' | 39.6 |
Total Current Liabilities | 562.9 | ' | 562.9 | ' | 441.5 |
Long-term debt | 1,586.60 | ' | 1,586.60 | ' | 1,796.90 |
Deferred income taxes | 261.9 | ' | 261.9 | ' | 286.1 |
Other non-current liabilities | 102.7 | ' | 102.7 | ' | 75.3 |
Due to affiliates | 0 | ' | 0 | ' | 0 |
Total Liabilities | 2,514.10 | ' | 2,514.10 | ' | 2,599.80 |
Redeemable non-controlling interest | 12 | ' | 12 | ' | 11.5 |
Total Stockholders’ Equity | 173.6 | ' | 173.6 | ' | 118.6 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity | 2,699.70 | ' | 2,699.70 | ' | 2,729.90 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' | ' | ' |
Net cash (used in) provided by operating activities | ' | ' | 180.9 | 104.8 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' | ' | ' |
Acquisition of businesses, net of cash acquired | ' | ' | -8.5 | -1,172.90 | ' |
Proceeds from disposition of business | ' | ' | 43.5 | 0 | ' |
Purchases of property, plant and equipment | ' | ' | -30.3 | -28.4 | ' |
Other | ' | ' | 2 | 0.9 | ' |
Net cash provided by (used in) investing activities | ' | ' | 6.7 | -1,200.40 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' | ' | ' |
Proceeds from 2012 Credit Agreement | ' | ' | 239.5 | 2,917.60 | ' |
Repayments of 2012 Credit Agreement | ' | ' | -432.7 | -1,559.10 | ' |
Proceeds from issuance of Senior Notes | ' | ' | 0 | 375 | ' |
Proceeds from 2011 Credit Agreement | ' | ' | ' | 46.5 | ' |
Repayments of 2011 Credit Agreement | ' | ' | ' | -696.5 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | ' | ' | 0 | 0 | ' |
Proceeds from exercise of stock options | ' | ' | 3.9 | 6 | ' |
Excess tax benefit from stock based compensation | ' | ' | 1.6 | 3.7 | ' |
Treasury shares repurchased | ' | ' | -2.2 | 0 | ' |
Payments of deferred financing costs | ' | ' | 0 | -52 | ' |
Other | ' | ' | 0.4 | -0.7 | ' |
Net cash (used in) provided by financing activities | ' | ' | -189.5 | 1,040.50 | ' |
Net effect of exchange rate changes on cash and cash equivalents | ' | ' | 2.7 | 2.4 | ' |
Increase (decrease) in cash and cash equivalents | ' | ' | 0.8 | -52.7 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | ' | ' | 81 | 179.3 | ' |
CASH AND CASH EQUIVALENTS, end of period | $81.80 | $126.60 | $81.80 | $126.60 | ' |