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Guarantor/Non-Guarantor Financial Information (Tables) | 3 Months Ended
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Mar. 31, 2017
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, 2017 (in millions)
| Tempur Sealy International, Inc. (Ultimate Parent) |  | Combined Guarantor Subsidiaries |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net sales | $ | — |  |  | $ | 529.8 |  |  | $ | 212.7 |  |  | $ | (20.4 | ) |  | $ | 722.1 |
Cost of sales | — |  |  | 330.3 |  |  | 125.6 |  |  | (20.4 | ) |  | 435.5 |
Gross profit | — |  |  | 199.5 |  |  | 87.1 |  |  | — |  |  | 286.6 |
Selling and marketing expenses | 1.4 |  |  | 104.9 |  |  | 47.4 |  |  | — |  |  | 153.7 |
General, administrative and other expenses | 4.0 |  |  | 44.3 |  |  | 18.2 |  |  | — |  |  | 66.5 |
Customer termination charges, net | (8.4 | ) |  | 21.8 |  |  | 1.0 |  |  | — |  |  | 14.4 |
Equity income in earnings of unconsolidated affiliates | — |  |  | — |  |  | (2.7 | ) |  | — |  |  | (2.7 | )
Royalty income, net of royalty expense | — |  |  | (4.8 | ) |  | — |  |  | — |  |  | (4.8 | )
Operating income | 3.0 |  |  | 33.3 |  |  | 23.2 |  |  | — |  |  | 59.5 |
Other expense, net: |  |  |  |  |  |  |  |  |  |  |  |  |
Third party interest expense, net | 14.9 |  |  | 6.5 |  |  | 0.7 |  |  | — |  |  | 22.1 |
Intercompany interest (income) expense, net | (1.2 | ) |  | (0.3 | ) |  | 1.5 |  |  | — |  |  | — |
Interest expense, net | 13.7 |  |  | 6.2 |  |  | 2.2 |  |  | — |  |  | 22.1 |
Other (income) expense, net | — |  |  | (9.3 | ) |  | 0.1 |  |  | — |  |  | (9.2 | )
Total other expense (income), net | 13.7 |  |  | (3.1 | ) |  | 2.3 |  |  | — |  |  | 12.9 |
Income from equity investees | 40.6 |  |  | 15.6 |  |  | — |  |  | (56.2 | ) |  | — |
Income before income taxes | 29.9 |  |  | 52.0 |  |  | 20.9 |  |  | (56.2 | ) |  | 46.6 |
Income tax benefit (provision) | 2.1 |  |  | (11.4 | ) |  | (5.3 | ) |  | — |  |  | (14.6 | )
Net income before non-controlling interests | 32.0 |  |  | 40.6 |  |  | 15.6 |  |  | (56.2 | ) |  | 32.0 |
Less: Net loss attributable to non-controlling interests | (1.9 | ) |  | — |  |  | (1.9 | ) |  | 1.9 |  |  | (1.9 | )
Net income attributable to Tempur Sealy International, Inc. | $ | 33.9 |  |  | $ | 40.6 |  |  | $ | 17.5 |  |  | $ | (58.1 | ) |  | $ | 33.9 |
Comprehensive income attributable to Tempur Sealy International, Inc. | $ | 42.2 |  |  | $ | 36.1 |  |  | $ | 30.4 |  |  | $ | (66.5 | ) |  | $ | 42.2 |
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 interests | 39.0 |  |  | 56.5 |  |  | 22.0 |  |  | (78.5 | ) |  | 39.0 |
Less: Net loss attributable to non-controlling interests | (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 |
Schedule of supplemental condensed consolidated balance sheets | Supplemental Condensed Consolidated Balance Sheets March 31, 2017 (in millions)
| Tempur Sealy International, Inc. (Ultimate Parent) |  | Combined Guarantor Subsidiaries |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
ASSETS |  |  |  |  |  |  |  |  |
Current Assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | — |  |  | $ | 5.6 |  |  | $ | 36.9 |  |  | $ | — |  |  | $ | 42.5 |
Accounts receivable, net | — |  |  | 193.4 |  |  | 150.7 |  |  | — |  |  | 344.1 |
Inventories, net | — |  |  | 107.6 |  |  | 84.6 |  |  | — |  |  | 192.2 |
Income taxes receivable | 241.9 |  |  | — |  |  | — |  |  | (241.9 | ) |  | — |
Prepaid expenses and other current assets | 0.7 |  |  | 43.0 |  |  | 18.3 |  |  | — |  |  | 62.0 |
Total Current Assets | 242.6 |  |  | 349.6 |  |  | 290.5 |  |  | (241.9 | ) |  | 640.8 |
Property, plant and equipment, net | — |  |  | 345.0 |  |  | 75.1 |  |  | — |  |  | 420.1 |
Goodwill | — |  |  | 500.2 |  |  | 224.0 |  |  | — |  |  | 724.2 |
Other intangible assets, net | — |  |  | 586.7 |  |  | 88.7 |  |  | — |  |  | 675.4 |
Deferred income taxes | 14.9 |  |  | — |  |  | 24.0 |  |  | (14.9 | ) |  | 24.0 |
Other non-current assets | — |  |  | 45.4 |  |  | 150.4 |  |  | — |  |  | 195.8 |
Net investment in subsidiaries | 2,310.3 |  |  | — |  |  | — |  |  | (2,310.3 | ) |  | — |
Due from affiliates | 129.3 |  |  | 2,071.4 |  |  | 11.8 |  |  | (2,212.5 | ) |  | — |
Total Assets | $ | 2,697.1 |  |  | $ | 3,898.3 |  |  | $ | 864.5 |  |  | $ | (4,779.6 | ) |  | $ | 2,680.3 |
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | — |  |  | $ | 163.8 |  |  | $ | 64.9 |  |  | $ | — |  |  | $ | 228.7 |
Accrued expenses and other current liabilities | 21.4 |  |  | 152.5 |  |  | 65.7 |  |  | — |  |  | 239.6 |
Income taxes payable | — |  |  | 254.4 |  |  | 3.0 |  |  | (241.9 | ) |  | 15.5 |
Current portion of long-term debt | — |  |  | 34.5 |  |  | 32.4 |  |  | — |  |  | 66.9 |
Total Current Liabilities | 21.4 |  |  | 605.2 |  |  | 166.0 |  |  | (241.9 | ) |  | 550.7 |
Long-term debt, net | 1,040.7 |  |  | 748.1 |  |  | 1.0 |  |  | — |  |  | 1,789.8 |
Deferred income taxes | — |  |  | 164.4 |  |  | 20.7 |  |  | (14.9 | ) |  | 170.2 |
Other non-current liabilities | — |  |  | 47.6 |  |  | 133.3 |  |  | — |  |  | 180.9 |
Due to affiliates | 1,646.3 |  |  | 22.7 |  |  | 565.6 |  |  | (2,234.6 | ) |  | — |
Total Liabilities | 2,708.4 |  |  | 1,588.0 |  |  | 886.6 |  |  | (2,491.4 | ) |  | 2,691.6 |
Redeemable non-controlling interest | 6.5 |  |  | — |  |  | 6.5 |  |  | (6.5 | ) |  | 6.5 |
Total Stockholders' (Deficit) Equity | (17.8 | ) |  | 2,310.3 |  |  | (28.6 | ) |  | (2,281.7 | ) |  | (17.8 | )
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders’ (Deficit) Equity | $ | 2,697.1 |  |  | $ | 3,898.3 |  |  | $ | 864.5 |  |  | $ | (4,779.6 | ) |  | $ | 2,680.3 |
Supplemental Condensed Consolidated Balance Sheets December 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 | $ | — |  |  | $ | 7.9 |  |  | $ | 57.8 |  |  | $ | — |  |  | $ | 65.7 |
Accounts receivable, net | — |  |  | 197.7 |  |  | 147.4 |  |  | — |  |  | 345.1 |
Inventories, net | — |  |  | 117.1 |  |  | 79.7 |  |  | — |  |  | 196.8 |
Income taxes receivable | 234.2 |  |  | — |  |  | — |  |  | (234.2 | ) |  | — |
Prepaid expenses and other current assets | — |  |  | 48.9 |  |  | 15.0 |  |  | — |  |  | 63.9 |
Total Current Assets | 234.2 |  |  | 371.6 |  |  | 299.9 |  |  | (234.2 | ) |  | 671.5 |
Property, plant and equipment, net | — |  |  | 346.9 |  |  | 75.3 |  |  | — |  |  | 422.2 |
Goodwill | — |  |  | 500.2 |  |  | 222.3 |  |  | — |  |  | 722.5 |
Other intangible assets, net | — |  |  | 589.8 |  |  | 88.9 |  |  | — |  |  | 678.7 |
Deferred income taxes | 20.6 |  |  | — |  |  | 22.5 |  |  | (20.6 | ) |  | 22.5 |
Other non-current assets | — |  |  | 41.7 |  |  | 143.5 |  |  | — |  |  | 185.2 |
Net investment in subsidiaries | 2,207.4 |  |  | 77.7 |  |  | — |  |  | (2,285.1 | ) |  | — |
Due from affiliates | 168.4 |  |  | 1,874.7 |  |  | 14.3 |  |  | (2,057.4 | ) |  | — |
Total Assets | $ | 2,630.6 |  |  | $ | 3,802.6 |  |  | $ | 866.7 |  |  | $ | (4,597.3 | ) |  | $ | 2,702.6 |
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY |  |  |  |  |  |  |  |  |
Current Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable | $ | 0.1 |  |  | $ | 157.0 |  |  | $ | 62.2 |  |  | $ | — |  |  | $ | 219.3 |
Accrued expenses and other current liabilities | 6.8 |  |  | 172.6 |  |  | 70.7 |  |  | — |  |  | 250.1 |
Income taxes payable | — |  |  | 235.9 |  |  | 4.1 |  |  | (234.2 | ) |  | 5.8 |
Current portion of long-term debt | — |  |  | 34.4 |  |  | 35.9 |  |  | — |  |  | 70.3 |
Total Current Liabilities | 6.9 |  |  | 599.9 |  |  | 172.9 |  |  | (234.2 | ) |  | 545.5 |
Long-term debt, net | 1,040.4 |  |  | 776.5 |  |  | 0.9 |  |  | — |  |  | 1,817.8 |
Deferred income taxes | — |  |  | 174.9 |  |  | 20.3 |  |  | (20.6 | ) |  | 174.6 |
Other non-current liabilities | — |  |  | 43.3 |  |  | 126.0 |  |  | — |  |  | 169.3 |
Due to affiliates | 1,587.9 |  |  | 0.6 |  |  | 468.9 |  |  | (2,057.4 | ) |  | — |
Total Liabilities | 2,635.2 |  |  | 1,595.2 |  |  | 789.0 |  |  | (2,312.2 | ) |  | 2,707.2 |
Redeemable non-controlling interest | 7.6 |  |  | — |  |  | 7.6 |  |  | (7.6 | ) |  | 7.6 |
Total Stockholders' (Deficit) Equity | (12.2 | ) |  | 2,207.4 |  |  | 70.1 |  |  | (2,277.5 | ) |  | (12.2 | )
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders’ (Deficit) Equity | $ | 2,630.6 |  |  | $ | 3,802.6 |  |  | $ | 866.7 |  |  | $ | (4,597.3 | ) |  | $ | 2,702.6 |
Schedule of supplemental condensed consolidated statements of cash flows | Supplemental Condensed Consolidated Statements of Cash Flows Three Months Ended March 31, 2017 (in millions)
| Tempur Sealy International, Inc. (Ultimate Parent) |  | Combined Guarantor Subsidiaries |  | Combined Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Net cash provided by operating activities | $ | 0.1 |  |  | $ | 55.1 |  |  | $ | 12.0 |  |  | $ | — |  |  | $ | 67.2 |
CASH FLOWS FROM INVESTING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchases of property, plant and equipment | — |  |  | (10.6 | ) |  | (2.3 | ) |  | — |  |  | (12.9 | )
Other | — |  |  | 0.8 |  |  | 0.1 |  |  | — |  |  | 0.9 |
Net cash used in investing activities | — |  |  | (9.8 | ) |  | (2.2 | ) |  | — |  |  | (12.0 | )
CASH FLOWS FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from borrowings under long-term debt obligations | — |  |  | 251.4 |  |  | 51.5 |  |  | — |  |  | 302.9 |
Repayments of borrowings under long-term debt obligations | — |  |  | (278.9 | ) |  | (52.9 | ) |  | — |  |  | (331.8 | )
Net activity in investment in and advances from (to) subsidiaries and affiliates | 43.6 |  |  | (19.0 | ) |  | (24.6 | ) |  | — |  |  | — |
Proceeds from exercise of stock options | 0.1 |  |  | — |  |  | — |  |  | — |  |  | 0.1 |
Treasury stock repurchased | (43.8 | ) |  | — |  |  | — |  |  | — |  |  | (43.8 | )
Other | — |  |  | (1.1 | ) |  | (2.3 | ) |  | — |  |  | (3.4 | )
Net cash used in financing activities | (0.1 | ) |  | (47.6 | ) |  | (28.3 | ) |  | — |  |  | (76.0 | )
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS | — |  |  | — |  |  | (2.4 | ) |  | — |  |  | (2.4 | )
Decrease in cash and cash equivalents | — |  |  | (2.3 | ) |  | (20.9 | ) |  | — |  |  | (23.2 | )
CASH AND CASH EQUIVALENTS, beginning of period | — |  |  | 7.9 |  |  | 57.8 |  |  | — |  |  | 65.7 |
CASH AND CASH EQUIVALENTS, end of period | $ | — |  |  | $ | 5.6 |  |  | $ | 36.9 |  |  | $ | — |  |  | $ | 42.5 |
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 | — |  |  | 119.7 |  |  | 34.2 |  |  | — |  |  | 153.9 |
CASH AND CASH EQUIVALENTS, end of period | $ | — |  |  | $ | 4.2 |  |  | $ | 32.9 |  |  | $ | — |  |  | $ | 37.1 |

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