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Stockholders' Equity
 6 Months Ended
Jun. 30, 2015
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Stockholders' Equity
 
(a) Common Stock. Tempur Sealy International has 300.0 million authorized shares of common stock with $0.01 per share par value and 0.01 million shares of preferred stock. Subject to preferences that may be applicable to any outstanding preferred stock, holders of the common stock are entitled to receive ratably such dividends as may be declared from time to time by the Board of Directors out of funds legally available for that purpose. In the event of liquidation, dissolution or winding up, the holders of the common stock are entitled to share ratably in all assets remaining after payment of liabilities, subject to prior distribution rights of preferred stock, if any, then outstanding.

(b) Accumulated Other Comprehensive Loss ("OCL"). Accumulated OCL consisted of the following:
(in millions)
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
Foreign Currency Translation
 
 
 
 
 
 
 
Balance at beginning of period
$
(91.6
)
 
$
(14.8
)
 
$
(54.0
)
 
$
(15.6
)
Other comprehensive income (loss):


 


 


 


Foreign currency translation adjustments (1)
7.2

 
3.4

 
(30.4
)
 
4.2

Balance at end of period
$
(84.4
)
 
$
(11.4
)
 
$
(84.4
)
 
$
(11.4
)
 
 
 
 
 
 
 
 
Interest Rate Swap


 


 


 


Balance at beginning of period
$
(0.6
)
 
$
(1.3
)
 
$
(0.7
)
 
$
(1.4
)
Other comprehensive income:


 


 


 


Net change from period revaluations:
0.8

 
0.7

 
1.5

 
1.4

Tax expense(2)
(0.3
)
 
(0.3
)
 
(0.6
)
 
(0.6
)
Total other comprehensive income before reclassifications, net of tax
$
0.5

 
$
0.4

 
$
0.9

 
$
0.8

Net amount reclassified to earnings (3)
(0.5
)
 
(0.5
)
 
(1.0
)
 
(1.0
)
Tax benefit (2)
0.2

 
0.2

 
0.4

 
0.4

Total amount reclassified from accumulated other comprehensive loss, net of tax
$
(0.3
)
 
$
(0.3
)
 
$
(0.6
)
 
$
(0.6
)
Total other comprehensive income
0.2

 
0.1

 
0.3

 
0.2

Balance at end of period
$
(0.4
)
 
$
(1.2
)
 
$
(0.4
)
 
$
(1.2
)
 
 
 
 
 
 
 
 
Pensions
 
 
 
 
 
 
 
Balance at beginning of period
$
(2.4
)
 
$
3.2

 
$
(2.4
)
 
$
3.2

Other comprehensive income:
 
 
 
 
 
 
 
Net change from period revaluations:
(0.1
)
 
0.5

 
(0.1
)
 
0.5

Tax expense(2)
—

 
(0.2
)
 
—

 
(0.2
)
Total other comprehensive income before reclassifications, net of tax
$
(0.1
)
 
$
0.3

 
$
(0.1
)
 
$
0.3

Net amount reclassified to earnings (1)
—

 
—

 
—

 
—

Tax benefit
—

 
—

 
—

 
—

Total amount reclassified from accumulated other comprehensive loss, net of tax
$
—

 
$
—

 
$
—

 
$
—

Total other comprehensive income
(0.1
)
 
0.3

 
(0.1
)
 
0.3

Balance at end of period
$
(2.5
)
 
$
3.5

 
$
(2.5
)
 
$
3.5

 
 
 
 
 
 
 
 
Foreign Exchange Forward Contracts
 
 
 
 
 
 
 
Balance at beginning of period
$
2.6

 
$
0.9

 
$
1.3

 
$
—

Other comprehensive income:
 
 
 
 
 
 
 
Net change from period revaluations:
1.1

 
(2.1
)
 
4.8

 
(0.4
)
Tax (expense) benefit(2)
(0.2
)
 
0.5

 
(1.2
)
 
0.1

Total other comprehensive income before reclassifications, net of tax
$
0.9

 
$
(1.6
)
 
$
3.6

 
$
(0.3
)
Net amount reclassified to earnings(4)
(1.3
)
 
(0.1
)
 
(3.2
)
 
(0.7
)
Tax benefit(2)
0.3

 
—

 
0.8

 
0.2

Total amount reclassified from accumulated other comprehensive income, net of tax
$
(1.0
)
 
$
(0.1
)
 
$
(2.4
)
 
$
(0.5
)
Total other comprehensive income
(0.1
)
 
(1.7
)
 
1.2

 
(0.8
)
Balance at end of period
$
2.5

 
$
(0.8
)
 
$
2.5

 
$
(0.8
)
(1)    In 2015 and 2014, no amounts were reclassified to earnings.
(2)    These amounts were included in the income tax provision on the accompanying Condensed Consolidated Statements of Income.
(3)    This amount was included in interest expense, net on the accompanying Condensed Consolidated Statements of Income.
(4)    This amount was included in cost of sales, net on the accompanying Condensed Consolidated Statements of Income.