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Revisions of Previously-Issued Financial Statements
12 Months Ended
Dec. 31, 2017
Accounting Changes and Error Corrections [Abstract]  
Revisions of Previously-Issued Financial Statements
Revisions of Previously-Issued Financial Statements
    
During the fourth quarter of 2017, the Company identified accounting and operational irregularities associated with a Latin American subsidiary. These errors were immaterial to each of the prior reporting periods affected. However, the Company concluded that the cumulative effect of correcting the errors in 2017 would materially misstate the Company’s Consolidated Statement of Income for the year ended December 31, 2017. Accordingly, the prior period results have been revised.
The cumulative impact for both Income before income taxes and Net income attributable to Tempur Sealy International, Inc. for the periods prior to January 1, 2015 is $27.2 million and is reflected in beginning retained earnings for January 1, 2015.

The table below illustrates the effect of the corrections on the Company's consolidated financial statements for the periods presented.
 
Year Ended December 31, 2016
 
Year Ended December 31, 2015
 
Previously Reported
 
Correction
 
As Revised
 
Previously Reported
 
Correction
 
As Revised
Net sales
$
3,127.3

 
$
1.6

 
$
3,128.9

 
$
3,151.2

 
$
3.4

 
$
3,154.6

Gross profit
1,309.4

 
(1.9
)
 
1,307.5

 
1,248.9

 
0.3

 
1,249.2

Operating income
415.5

 
(5.1
)
 
410.4

 
309.1

 
(2.6
)
 
306.5

Income before income taxes
283.3

 
(11.5
)
 
271.8

 
200.1

 
(9.0
)
 
191.1

Income tax provision
(86.8
)
 

 
(86.8
)
 
(125.4
)
 

 
(125.4
)
Net income before non-controlling interests
196.5

 
(11.5
)
 
185.0

 
74.7

 
(9.0
)
 
65.7

Net income attributable to Tempur Sealy International, Inc.
$
202.1

 
$
(11.5
)
 
$
190.6

 
$
73.5

 
$
(9.0
)
 
$
64.5


 
December 31, 2016
 
Previously Reported
 
Correction
 
As Revised
Total assets
$
2,702.6

 
$
(3.8
)
 
$
2,698.8

Total liabilities
2,707.2

 
25.9

 
2,733.1

Retained earnings
1,312.4

 
(47.6
)
 
1,264.8

Total stockholders' deficit
(12.2
)
 
(29.7
)
 
(41.9
)
Total liabilities, redeemable non-controlling interest and stockholders' deficit
$
2,702.6

 
$
(3.8
)
 
$
2,698.8