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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income before non-controlling interest $ 135.6 $ 86.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 54.3 54.9
Amortization of stock-based compensation 15.3 16.4
Amortization of deferred financing costs 3.0 18.7
Bad debt expense 3.2 4.4
Deferred income taxes (15.7) (21.4)
Dividends received from unconsolidated affiliates 7.3 3.0
Equity income in earnings of unconsolidated affiliates (8.6) (8.4)
Non-cash interest expense on 8.0% Sealy Notes 4.0 4.5
Loss on extinguishment of debt 47.2 0.0
Loss on sale of assets 0.8 1.2
Foreign currency adjustments and other (1.5) 4.7
Changes in operating assets and liabilities (135.1) (31.7)
Net cash provided by operating activities 109.8 133.2
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (41.9) (51.1)
Proceeds from disposition of business and other 0.0 6.9
Net cash used in investing activities (41.9) (44.2)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from borrowings under long-term debt obligations 1,871.5 855.4
Repayments of borrowings under long-term debt obligations (1,659.3) (974.4)
Proceeds from exercise of stock options 15.2 16.7
Excess tax benefit from stock-based compensation 6.0 19.7
Treasury stock repurchased (319.7) (1.3)
Payment of deferred financing costs (6.6) (6.4)
Fees paid to lenders (7.8) 0.0
Call premium on 2020 Senior Notes (23.6) 0.0
Proceeds from purchase of treasury shares by CEO 0.0 5.0
Other 0.1 (2.1)
Net cash used in financing activities (124.2) (87.4)
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (8.6) 7.7
(Decrease) increase in cash and cash equivalents (64.9) 9.3
CASH AND CASH EQUIVALENTS, beginning of period 153.9 62.5
CASH AND CASH EQUIVALENTS, end of period 89.0 71.8
Cash paid during the period for:    
Interest 41.0 41.6
Income taxes, net of refunds $ 57.2 $ 64.6