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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 724.8 $ 832.4 $ 2,106.2 $ 2,357.8
Cost of sales 412.6 470.3 1,238.8 1,367.8
Gross profit 312.2 362.1 867.4 990.0
Selling and marketing expenses 155.4 175.2 461.4 498.1
General, administrative and other expenses 71.0 64.0 206.5 207.6
Customer termination charges, net 0.0 0.0 14.4 0.0
Equity income in earnings of unconsolidated affiliates (3.5) (2.4) (10.6) (8.6)
Royalty income, net of royalty expense (5.3) (5.8) (15.0) (15.1)
Operating (loss) income 94.6 131.1 210.7 308.0
Other expense, net:        
Interest expense, net 32.0 20.5 76.2 65.0
Loss on extinguishment of debt 0.0 0.0 0.0 47.2
Other expense (income), net 1.1 0.3 (8.4) 0.0
Total other expense, net 33.1 20.8 67.8 112.2
Income before income taxes 61.5 110.3 142.9 195.8
Income tax provision (20.3) (33.7) (48.0) (60.2)
Net income before non-controlling interests 41.2 76.6 94.9 135.6
Less: Net loss attributable to non-controlling interests (3.4) (1.2) (8.1) (3.1)
Net income attributable to Tempur Sealy International, Inc. $ 44.6 $ 77.8 $ 103.0 $ 138.7
Earnings per common share:        
Basic (in dollars per share) $ 0.83 $ 1.34 $ 1.91 $ 2.31
Diluted (in dollars per share) $ 0.81 $ 1.32 $ 1.89 $ 2.28
Weighted average common shares outstanding:        
Basic (in shares) 54.0 58.2 54.0 60.1
Diluted (in shares) 54.9 58.8 54.6 60.8