XML 111 R88.htm IDEA: XBRL DOCUMENT v3.8.0.1
Guarantor/Non-Guarantor Financial Information - Schedule of Supplemental Condensed Consolidating Statements of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2017
Dec. 31, 2016
Supplemental condensed consolidating statements of cash flows      
Net cash (used in) provided by operating activities $ 234.2 $ 222.9 $ 165.5
CASH FLOWS FROM INVESTING ACTIVITIES:      
Contributions (paid to) received from subsidiaries and affiliates   0.0 0.0
Proceeds from disposition of business 7.2 0.0 0.0
Purchases of property, plant and equipment (65.9) (67.0) (62.4)
Proceeds from sale of property, plant and equipment 0.0 4.9 0.2
Other (1.0) 0.0 (0.2)
Net cash used in investing activities (59.7) (62.1) (62.4)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings under long-term debt obligations 863.5 1,332.9 2,233.3
Repayments of borrowings under long-term debt obligations (988.3) (1,471.5) (1,867.7)
Net activity in investment in and advances from (to) subsidiaries and affiliates 0.0 0.0 0.0
Proceeds from exercise of stock options 20.4 12.8 15.7
Excess tax benefit from stock-based compensation 21.8 0.0 7.0
Treasury stock repurchased (1.3) (44.9) (535.0)
Payment of deferred financing costs (8.0) (0.5) (6.9)
Proceeds from purchase of treasury shares by CEO 5.0 0.0 0.0
Fees paid to lenders 0.0 0.0 (7.8)
Call premium on 2020 Senior Notes 0.0 0.0 (23.6)
Other (3.8) (4.0) (0.1)
Net cash used in financing activities (90.7) (175.2) (185.1)
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 7.6 (9.4) (6.2)
(Decrease) increase in cash and cash equivalents 91.4 (23.8) (88.2)
CASH AND CASH EQUIVALENTS, beginning of period   65.7 153.9
CASH AND CASH EQUIVALENTS, end of period 153.9 41.9 65.7
Reportable Legal Entities | Tempur Sealy International, Inc. (Ultimate Parent)      
Supplemental condensed consolidating statements of cash flows      
Net cash (used in) provided by operating activities (87.0) (55.3) (63.1)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Contributions (paid to) received from subsidiaries and affiliates   0.0 0.0
Proceeds from disposition of business 0.0    
Purchases of property, plant and equipment 0.0 0.0 0.0
Proceeds from sale of property, plant and equipment   0.0 0.0
Other 0.0   0.0
Net cash used in investing activities 0.0 0.0 0.0
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings under long-term debt obligations 450.0 0.0 600.0
Repayments of borrowings under long-term debt obligations 0.0 0.0 (375.0)
Net activity in investment in and advances from (to) subsidiaries and affiliates (401.3) 87.5 383.1
Proceeds from exercise of stock options 20.4 12.8 15.7
Excess tax benefit from stock-based compensation 21.8   7.0
Treasury stock repurchased (1.3) (44.9) (535.0)
Payment of deferred financing costs (8.0) 0.0 (3.1)
Proceeds from purchase of treasury shares by CEO 5.0    
Fees paid to lenders     (6.0)
Call premium on 2020 Senior Notes     (23.6)
Other 0.0 0.0 0.0
Net cash used in financing activities 86.6 55.4 63.1
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 0.0 0.0 0.0
(Decrease) increase in cash and cash equivalents (0.4) 0.1 0.0
CASH AND CASH EQUIVALENTS, beginning of period   0.0 0.0
CASH AND CASH EQUIVALENTS, end of period 0.0 0.1 0.0
Reportable Legal Entities | Combined Guarantor Subsidiaries      
Supplemental condensed consolidating statements of cash flows      
Net cash (used in) provided by operating activities 274.7 376.9 110.7
CASH FLOWS FROM INVESTING ACTIVITIES:      
Contributions (paid to) received from subsidiaries and affiliates   (129.7) (76.7)
Proceeds from disposition of business 7.2    
Purchases of property, plant and equipment (49.9) (55.8) (43.0)
Proceeds from sale of property, plant and equipment   0.8 0.1
Other (0.7)   (0.1)
Net cash used in investing activities (43.4) (184.7) (119.7)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings under long-term debt obligations 402.9 603.9 1,523.6
Repayments of borrowings under long-term debt obligations (988.3) (790.8) (1,406.2)
Net activity in investment in and advances from (to) subsidiaries and affiliates 453.4 0.5 (212.5)
Proceeds from exercise of stock options 0.0 0.0 0.0
Excess tax benefit from stock-based compensation 0.0   0.0
Treasury stock repurchased 0.0 0.0 0.0
Payment of deferred financing costs 0.0 0.0 (3.8)
Proceeds from purchase of treasury shares by CEO 0.0    
Fees paid to lenders     (1.8)
Call premium on 2020 Senior Notes     0.0
Other (3.0) (1.4) (2.1)
Net cash used in financing activities (135.0) (187.8) (102.8)
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 0.0 0.0 0.0
(Decrease) increase in cash and cash equivalents 96.3 4.4 (111.8)
CASH AND CASH EQUIVALENTS, beginning of period   7.9 119.7
CASH AND CASH EQUIVALENTS, end of period 119.7 12.3 7.9
Reportable Legal Entities | Combined Non-Guarantor Subsidiaries      
Supplemental condensed consolidating statements of cash flows      
Net cash (used in) provided by operating activities 46.5 (98.7) 117.9
CASH FLOWS FROM INVESTING ACTIVITIES:      
Contributions (paid to) received from subsidiaries and affiliates   129.7 76.7
Proceeds from disposition of business 0.0    
Purchases of property, plant and equipment (16.0) (11.2) (19.4)
Proceeds from sale of property, plant and equipment   4.1 0.1
Other (0.3)   (0.1)
Net cash used in investing activities (16.3) 122.6 57.3
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings under long-term debt obligations 10.6 729.0 109.7
Repayments of borrowings under long-term debt obligations 0.0 (680.7) (86.5)
Net activity in investment in and advances from (to) subsidiaries and affiliates (52.1) (88.0) (170.6)
Proceeds from exercise of stock options 0.0 0.0 0.0
Excess tax benefit from stock-based compensation 0.0   0.0
Treasury stock repurchased 0.0 0.0 0.0
Payment of deferred financing costs 0.0 (0.5) 0.0
Proceeds from purchase of treasury shares by CEO 0.0    
Fees paid to lenders     0.0
Call premium on 2020 Senior Notes     0.0
Other (0.8) (2.6) 2.0
Net cash used in financing activities (42.3) (42.8) (145.4)
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 7.6 (9.4) (6.2)
(Decrease) increase in cash and cash equivalents (4.5) (28.3) 23.6
CASH AND CASH EQUIVALENTS, beginning of period   57.8 34.2
CASH AND CASH EQUIVALENTS, end of period 34.2 29.5 57.8
Eliminations      
Supplemental condensed consolidating statements of cash flows      
Net cash (used in) provided by operating activities 0.0 0.0 0.0
CASH FLOWS FROM INVESTING ACTIVITIES:      
Contributions (paid to) received from subsidiaries and affiliates   0.0 0.0
Proceeds from disposition of business 0.0    
Purchases of property, plant and equipment 0.0 0.0 0.0
Proceeds from sale of property, plant and equipment   0.0 0.0
Other 0.0   0.0
Net cash used in investing activities 0.0 0.0 0.0
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from borrowings under long-term debt obligations 0.0 0.0 0.0
Repayments of borrowings under long-term debt obligations 0.0 0.0 0.0
Net activity in investment in and advances from (to) subsidiaries and affiliates 0.0 0.0 0.0
Proceeds from exercise of stock options 0.0 0.0 0.0
Excess tax benefit from stock-based compensation 0.0   0.0
Treasury stock repurchased 0.0 0.0 0.0
Payment of deferred financing costs 0.0 0.0 0.0
Proceeds from purchase of treasury shares by CEO 0.0    
Fees paid to lenders     0.0
Call premium on 2020 Senior Notes     0.0
Other 0.0 0.0 0.0
Net cash used in financing activities 0.0 0.0 0.0
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 0.0 0.0 0.0
(Decrease) increase in cash and cash equivalents 0.0 0.0 0.0
CASH AND CASH EQUIVALENTS, beginning of period   0.0 0.0
CASH AND CASH EQUIVALENTS, end of period $ 0.0 $ 0.0 $ 0.0