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Guarantor/Non-Guarantor Financial Information (Tables) | 3 Months Ended
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Mar. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Schedule of supplemental condensed consolidated statements of income and comprehensive income | Supplemental Condensed Consolidated Statements of Income and Comprehensive Income Three Months Ended March 31, 2016 (in millions)
| Tempur Sealy International, Inc. (Ultimate Parent) |  | Combined Guarantor Subsidiaries |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 550.7 |  |  | $ | 184.1 |  |  | $ | (13.8 | ) |  | $ | 721.0 |
Cost of sales | — |  |  | 348.4 |  |  | 95.4 |  |  | (13.8 | ) |  | 430.0 |
Gross profit | — |  |  | 202.3 |  |  | 88.7 |  |  | — |  |  | 291.0 |
Selling and marketing expenses | 1.8 |  |  | 102.1 |  |  | 46.2 |  |  | — |  |  | 150.1 |
General, administrative and other expenses | 4.8 |  |  | 50.9 |  |  | 16.0 |  |  | — |  |  | 71.7 |
Equity income in earnings of unconsolidated affiliates | — |  |  | — |  |  | (2.8 | ) |  | — |  |  | (2.8 | )
Royalty income, net of royalty expense | — |  |  | (4.7 | ) |  | — |  |  | — |  |  | (4.7 | )
Operating (loss) income | (6.6 | ) |  | 54.0 |  |  | 29.3 |  |  | — |  |  | 76.7 |
Other expense, net: |  |  |  |  |  |  |  |  |  |  |  |  |
Third party interest expense, net | 20.0 |  |  | 0.8 |  |  | 0.6 |  |  | — |  |  | 21.4 |
Intercompany interest (income) expense, net | (1.1 | ) |  | — |  |  | 1.1 |  |  | — |  |  | — |
Interest expense, net | 18.9 |  |  | 0.8 |  |  | 1.7 |  |  | — |  |  | 21.4 |
Other (income) expense, net | — |  |  | (1.7 | ) |  | 0.7 |  |  | — |  |  | (1.0 | )
Total other expense (income), net | 18.9 |  |  | (0.9 | ) |  | 2.4 |  |  | — |  |  | 20.4 |
Income from equity investees | 56.5 |  |  | 22.0 |  |  | — |  |  | (78.5 | ) |  | — |
Income before income taxes | 31.0 |  |  | 76.9 |  |  | 26.9 |  |  | (78.5 | ) |  | 56.3 |
Income tax benefit (provision) | 8.0 |  |  | (20.4 | ) |  | (4.9 | ) |  | — |  |  | (17.3 | )
Net income before non-controlling interest | 39.0 |  |  | 56.5 |  |  | 22.0 |  |  | (78.5 | ) |  | 39.0 |
Less: Net loss attributable to non-controlling interest | (0.6 | ) |  | (0.6 | ) |  | — |  |  | 0.6 |  |  | (0.6 | )
Net income attributable to Tempur Sealy International, Inc. | $ | 39.6 |  |  | $ | 57.1 |  |  | $ | 22.0 |  |  | $ | (79.1 | ) |  | $ | 39.6 |
Comprehensive income attributable to Tempur Sealy International, Inc. | $ | 53.8 |  |  | $ | 57.3 |  |  | $ | 45.2 |  |  | $ | (102.5 | ) |  | $ | 53.8 |
Supplemental Condensed Consolidated Statements of Income and Comprehensive Income Three Months Ended March 31, 2015 (in millions)
| Tempur Sealy International, Inc. (Ultimate Parent) |  | Combined Guarantor Subsidiaries |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 558.9 |  |  | $ | 192.9 |  |  | $ | (12.3 | ) |  | $ | 739.5 |
Cost of sales | — |  |  | 367.6 |  |  | 105.5 |  |  | (12.3 | ) |  | 460.8 |
Gross profit | — |  |  | 191.3 |  |  | 87.4 |  |  | — |  |  | 278.7 |
Selling and marketing expenses | 0.8 |  |  | 105.5 |  |  | 47.5 |  |  | — |  |  | 153.8 |
General, administrative and other expenses | 3.6 |  |  | 57.6 |  |  | 16.5 |  |  | — |  |  | 77.7 |
Equity income in earnings of unconsolidated affiliates | — |  |  | — |  |  | (3.0 | ) |  | — |  |  | (3.0 | )
Royalty income, net of royalty expense | — |  |  | (4.2 | ) |  | — |  |  | — |  |  | (4.2 | )
Operating (loss) income | (4.4 | ) |  | 32.4 |  |  | 26.4 |  |  | — |  |  | 54.4 |
Other expense, net: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Third party interest expense, net | 6.7 |  |  | 13.1 |  |  | 0.6 |  |  | — |  |  | 20.4 |
Intercompany interest expense (income), net | 8.2 |  |  | (8.9 | ) |  | 0.7 |  |  | — |  |  | — |
Interest expense, net | 14.9 |  |  | 4.2 |  |  | 1.3 |  |  | — |  |  | 20.4 |
Other income, net | — |  |  | (0.1 | ) |  | (1.2 | ) |  | — |  |  | (1.3 | )
Total other expense, net | 14.9 |  |  | 4.1 |  |  | 0.1 |  |  | — |  |  | 19.1 |
Income from equity investees | 37.5 |  |  | 20.9 |  |  | — |  |  | (58.4 | ) |  | — |
Income before income taxes | 18.2 |  |  | 49.2 |  |  | 26.3 |  |  | (58.4 | ) |  | 35.3 |
Income tax benefit (provision) | 6.8 |  |  | (11.7 | ) |  | (5.4 | ) |  | — |  |  | (10.3 | )
Net income before non-controlling interest | 25.0 |  |  | 37.5 |  |  | 20.9 |  |  | (58.4 | ) |  | 25.0 |
Less: Net income attributable to non-controlling interest | 1.6 |  |  | 1.6 |  |  | — |  |  | (1.6 | ) |  | 1.6 |
Net income attributable to Tempur Sealy International, Inc. | $ | 23.4 |  |  | $ | 35.9 |  |  | $ | 20.9 |  |  | $ | (56.8 | ) |  | $ | 23.4 |
Comprehensive (loss) income attributable to Tempur Sealy International, Inc. | $ | (12.8 | ) |  | $ | 36.1 |  |  | $ | (18.3 | ) |  | $ | (17.8 | ) |  | $ | (12.8 | )
Schedule of supplemental condensed consolidated balance sheets | Supplemental Condensed Consolidated Balance Sheets March 31, 2016 (in millions)
| Tempur Sealy International, Inc. (Ultimate Parent) |  | Combined Guarantor Subsidiaries |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 6.3 |  |  | $ | 30.8 |  |  | $ | — |  |  | $ | 37.1 |
Accounts receivable, net | — |  |  | 239.0 |  |  | 145.7 |  |  | — |  |  | 384.7 |
Inventories, net | — |  |  | 154.6 |  |  | 59.8 |  |  | — |  |  | 214.4 |
Income taxes receivable | 202.5 |  |  | — |  |  | — |  |  | (202.5 | ) |  | — |
Prepaid expenses and other current assets | 0.8 |  |  | 47.9 |  |  | 24.0 |  |  | — |  |  | 72.7 |
Total Current Assets | 203.3 |  |  | 447.8 |  |  | 260.3 |  |  | (202.5 | ) |  | 708.9 |
Property, plant and equipment, net | — |  |  | 301.6 |  |  | 63.3 |  |  | — |  |  | 364.9 |
Goodwill | — |  |  | 501.3 |  |  | 216.4 |  |  | — |  |  | 717.7 |
Other intangible assets, net | — |  |  | 609.7 |  |  | 86.4 |  |  | — |  |  | 696.1 |
Deferred income taxes | 15.7 |  |  | — |  |  | 13.0 |  |  | (15.7 | ) |  | 13.0 |
Other non-current assets | — |  |  | 27.0 |  |  | 49.2 |  |  | — |  |  | 76.2 |
Net investment in subsidiaries | 2,059.8 |  |  | — |  |  | — |  |  | (2,059.8 | ) |  | — |
Due from affiliates | 451.3 |  |  | 1,772.6 |  |  | 2.7 |  |  | (2,226.6 | ) |  | — |
Total Assets | $ | 2,730.1 |  |  | $ | 3,660.0 |  |  | $ | 691.3 |  |  | $ | (4,504.6 | ) |  | $ | 2,576.8 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | — |  |  | $ | 165.2 |  |  | $ | 50.3 |  |  | $ | — |  |  | $ | 215.5 |
Accrued expenses and other current liabilities | 20.9 |  |  | 157.8 |  |  | 68.1 |  |  | — |  |  | 246.8 |
Income taxes payable | — |  |  | 212.9 |  |  | 3.5 |  |  | (202.5 | ) |  | 13.9 |
Current portion of long-term debt | — |  |  | 170.5 |  |  | 8.4 |  |  | — |  |  | 178.9 |
Total Current Liabilities | 20.9 |  |  | 706.4 |  |  | 130.3 |  |  | (202.5 | ) |  | 655.1 |
Long-term debt, net | 812.5 |  |  | 481.2 |  |  | — |  |  | — |  |  | 1,293.7 |
Deferred income taxes | — |  |  | 187.1 |  |  | 22.7 |  |  | (15.7 | ) |  | 194.1 |
Other non-current liabilities | — |  |  | 164.8 |  |  | 4.9 |  |  | — |  |  | 169.7 |
Due to affiliates | 1,632.5 |  |  | 60.7 |  |  | 592.4 |  |  | (2,285.6 | ) |  | — |
Total Liabilities | 2,465.9 |  |  | 1,600.2 |  |  | 750.3 |  |  | (2,503.8 | ) |  | 2,312.6 |
Redeemable non-controlling interest | 11.8 |  |  | 11.8 |  |  | — |  |  | (11.8 | ) |  | 11.8 |
Total Stockholders’ Equity | 252.4 |  |  | 2,048.0 |  |  | (59.0 | ) |  | (1,989.0 | ) |  | 252.4 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders’ Equity | $ | 2,730.1 |  |  | $ | 3,660.0 |  |  | $ | 691.3 |  |  | $ | (4,504.6 | ) |  | $ | 2,576.8 |
Supplemental Condensed Consolidated Balance Sheets December 31, 2015 (in millions)
| Tempur Sealy International, Inc. (Ultimate Parent) |  | Combined Guarantor Subsidiaries |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 121.8 |  |  | $ | 32.1 |  |  | $ | — |  |  | $ | 153.9 |
Accounts receivable, net | — |  |  | 231.9 |  |  | 147.5 |  |  | — |  |  | 379.4 |
Inventories, net | — |  |  | 145.3 |  |  | 53.9 |  |  | — |  |  | 199.2 |
Income taxes receivable | 193.1 |  |  | — |  |  | — |  |  | (193.1 | ) |  | — |
Prepaid expenses and other current assets | — |  |  | 43.5 |  |  | 33.1 |  |  | — |  |  | 76.6 |
Total Current Assets | 193.1 |  |  | 542.5 |  |  | 266.6 |  |  | (193.1 | ) |  | 809.1 |
Property, plant and equipment, net | — |  |  | 300.1 |  |  | 61.6 |  |  | — |  |  | 361.7 |
Goodwill | — |  |  | 501.4 |  |  | 208.0 |  |  | — |  |  | 709.4 |
Other intangible assets, net | — |  |  | 612.9 |  |  | 82.5 |  |  | — |  |  | 695.4 |
Deferred income taxes | 16.0 |  |  | — |  |  | 12.2 |  |  | (16.0 | ) |  | 12.2 |
Other non-current assets | — |  |  | 23.3 |  |  | 44.4 |  |  | — |  |  | 67.7 |
Net investment in subsidiaries | 1,960.5 |  |  | — |  |  | — |  |  | (1,960.5 | ) |  | — |
Due from affiliates | 548.1 |  |  | 1,655.3 |  |  | 4.8 |  |  | (2,208.2 | ) |  | — |
Total Assets | $ | 2,717.7 |  |  | $ | 3,635.5 |  |  | $ | 680.1 |  |  | $ | (4,377.8 | ) |  | $ | 2,655.5 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | — |  |  | $ | 212.2 |  |  | $ | 54.1 |  |  | $ | — |  |  | $ | 266.3 |
Accrued expenses and other current liabilities | 1.4 |  |  | 183.8 |  |  | 68.8 |  |  | — |  |  | 254.0 |
Deferred income taxes | — |  |  | — |  |  | — |  |  | — |  |  | — |
Income taxes payable | — |  |  | 196.0 |  |  | 8.3 |  |  | (193.1 | ) |  | 11.2 |
Current portion of long-term debt | — |  |  | 168.7 |  |  | 12.8 |  |  | — |  |  | 181.5 |
Total Current Liabilities | 1.4 |  |  | 760.7 |  |  | 144.0 |  |  | (193.1 | ) |  | 713.0 |
Long-term debt, net | 811.9 |  |  | 461.4 |  |  | — |  |  | — |  |  | 1,273.3 |
Deferred income taxes | — |  |  | 189.8 |  |  | 21.6 |  |  | (16.0 | ) |  | 195.4 |
Other non-current liabilities | — |  |  | 166.6 |  |  | 4.6 |  |  | — |  |  | 171.2 |
Due to affiliates | 1,601.8 |  |  | 96.5 |  |  | 604.9 |  |  | (2,303.2 | ) |  | — |
Total Liabilities | 2,415.1 |  |  | 1,675.0 |  |  | 775.1 |  |  | (2,512.3 | ) |  | 2,352.9 |
Redeemable non-controlling interest | 12.4 |  |  | 12.4 |  |  | — |  |  | (12.4 | ) |  | 12.4 |
Total Stockholders’ Equity | 290.2 |  |  | 1,948.1 |  |  | (95.0 | ) |  | (1,853.1 | ) |  | 290.2 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders’ Equity | $ | 2,717.7 |  |  | $ | 3,635.5 |  |  | $ | 680.1 |  |  | $ | (4,377.8 | ) |  | $ | 2,655.5 |
Schedule of supplemental condensed consolidated statements of cash flows | Supplemental Condensed Consolidated Statements of Cash Flows Three Months Ended March 31, 2016 (in millions)
| Tempur Sealy International, Inc. (Ultimate Parent) |  | Combined Guarantor Subsidiaries |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash (used in) provided by operating activities | $ | (1.3 | ) |  | $ | (37.4 | ) |  | $ | 19.9 |  |  | $ | — |  |  | $ | (18.8 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchases of property, plant and equipment | — |  |  | (10.2 | ) |  | (2.4 | ) |  | — |  |  | (12.6 | )
Other | — |  |  | (0.2 | ) |  | — |  |  | — |  |  | (0.2 | )
Net cash used in investing activities | — |  |  | (10.4 | ) |  | (2.4 | ) |  | — |  |  | (12.8 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings under long-term debt obligations | — |  |  | 96.3 |  |  | 5.2 |  |  | — |  |  | 101.5 |
Repayments of borrowings under long-term debt obligations | — |  |  | (76.5 | ) |  | (10.5 | ) |  | — |  |  | (87.0 | )
Net activity in investment in and advances from (to) subsidiaries and affiliates | 99.1 |  |  | (86.9 | ) |  | (12.2 | ) |  |  |  | — |
Proceeds from exercise of stock options | 3.0 |  |  | — |  |  | — |  |  | — |  |  | 3.0 |
Excess tax benefit from stock-based compensation | 1.2 |  |  | — |  |  | — |  |  | — |  |  | 1.2 |
Treasury stock repurchased | (102.0 | ) |  | — |  |  | — |  |  | — |  |  | (102.0 | )
Other | — |  |  | (0.6 | ) |  | 1.0 |  |  | — |  |  | 0.4 |
Net cash provided by (used in) financing activities | 1.3 |  |  | (67.7 | ) |  | (16.5 | ) |  | — |  |  | (82.9 | )
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | — |  |  | — |  |  | (2.3 | ) |  | — |  |  | (2.3 | )
Decrease in cash and cash equivalents | — |  |  | (115.5 | ) |  | (1.3 | ) |  | — |  |  | (116.8 | )
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | — |  |  | 121.8 |  |  | 32.1 |  |  | — |  |  | 153.9 |
CASH AND CASH EQUIVALENTS, END OF PERIOD | $ | — |  |  | $ | 6.3 |  |  | $ | 30.8 |  |  | $ | — |  |  | $ | 37.1 |
Supplemental Condensed Consolidated Statements of Cash Flows Three Months Ended March 31, 2015 (in millions)
| Tempur Sealy International, Inc. (Ultimate Parent) |  | Combined Guarantor Subsidiaries |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash (used in) provided by operating activities | $ | (13.5 | ) |  | $ | 10.4 |  |  | $ | (3.3 | ) |  | $ | — |  |  | $ | (6.4 | )
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchases of property, plant and equipment | — |  |  | (13.1 | ) |  | (2.3 | ) |  | — |  |  | (15.4 | )
Net cash used in investing activities | — |  |  | (13.1 | ) |  | (2.3 | ) |  | — |  |  | (15.4 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings under long-term debt obligations | — |  |  | 93.5 |  |  | 4.4 |  |  | — |  |  | 97.9 |
Repayments of borrowings under long-term debt obligations | — |  |  | (98.8 | ) |  | — |  |  | — |  |  | (98.8 | )
Net activity in investment in and advances from (to) subsidiaries and affiliates | 12.6 |  |  | (1.4 | ) |  | (11.2 | ) |  | — |  |  | — |
Proceeds from exercise of stock options | 1.6 |  |  | — |  |  | — |  |  | — |  |  | 1.6 |
Treasury stock repurchased | (1.1 | ) |  | — |  |  | — |  |  | — |  |  | (1.1 | )
Other | — |  |  | (0.4 | ) |  | 0.6 |  |  | — |  |  | 0.2 |
Net cash provided by (used in) financing activities | 13.1 |  |  | (7.1 | ) |  | (6.2 | ) |  | — |  |  | (0.2 | )
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | — |  |  | — |  |  | 4.5 |  |  | — |  |  | 4.5 |
Decrease in cash and cash equivalents | (0.4 | ) |  | (9.8 | ) |  | (7.3 | ) |  | — |  |  | (17.5 | )
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 0.4 |  |  | 25.5 |  |  | 36.6 |  |  | — |  |  | 62.5 |
CASH AND CASH EQUIVALENTS, END OF PERIOD | $ | — |  |  | $ | 15.7 |  |  | $ | 29.3 |  |  | $ | — |  |  | $ | 45.0 |

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