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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Statement of Comprehensive Income [Abstract]        
Net income before non-controlling interest $ 40.9 $ 37.5 $ 86.9 $ 62.8
Other comprehensive (loss) income before tax, net of tax        
Foreign currency translation adjustments (19.0) (24.4) (49.4) (20.2)
Net change in unrecognized gain on interest rate swap, net of tax 0.2 0.3 0.5 0.5
Pension (expense) benefit, net of tax 0.0 0.0 (0.1) 0.3
Unrealized gain on cash flow hedging derivatives, net of tax 3.2 1.5 4.4 0.7
Other comprehensive loss, net of tax (15.6) (22.6) (44.6) (18.7)
Comprehensive income 25.3 14.9 42.3 44.1
Less: Comprehensive income attributable to non-controlling interest [1],[2] 0.7 0.4 2.1 0.5
Comprehensive income attributable to Tempur Sealy International, Inc. $ 24.6 $ 14.5 $ 40.2 $ 43.6
[1] Income attributable to the Company's redeemable non-controlling interest in Comfort Revolution, LLC for the three months ended September 30, 2015 and 2014 represented $0.5 million and $0.4 million, respectively. Income attributable to the Company's redeemable non-controlling interest in Comfort Revolution, LLC for the nine months ended September 30, 2015 and 2014 represented $1.0 million and $0.5 million, respectively.
[2] The Company recorded a $0.2 million and $1.1 million redemption value adjustment, net of tax, for the three and nine months ended September 30, 2015, respectively, to adjust the carrying value of the redeemable non-controlling interest as of September 30, 2015 to its redemption value. As of September 30, 2014, the accumulated earnings exceeded the redemption value and, accordingly, a redemption value adjustment was not necessary for the three and nine months ended September 30, 2014.