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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES FROM CONTINUING OPERATIONS:      
Net income before non-controlling interests $ 97.6 $ 140.7 $ 185.0
Loss from discontinued operations, net of tax 17.8 30.9 12.3
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 87.1 80.7 72.4
Amortization of stock-based compensation 24.8 13.3 16.2
Amortization of deferred financing costs 2.3 2.2 3.5
Bad debt expense 31.3 9.8 4.0
Deferred income taxes 6.0 (61.1) (31.1)
Dividends received from unconsolidated affiliates 14.8 11.3 10.8
Equity income in earnings of unconsolidated affiliates (17.6) (15.6) (13.3)
Non-cash interest expense on 8.0% Sealy Notes 0.0 0.0 4.0
Loss on extinguishment of debt 0.0 0.0 47.2
Loss on sale of assets 3.3 2.2 1.3
Foreign currency adjustments and other (2.1) (2.9) (0.4)
Changes in operating assets and liabilities, net of effect of business acquisitions:      
Accounts receivable (46.3) 21.0 21.5
Inventories (44.6) 16.3 0.7
Prepaid expenses and other assets (14.4) (15.2) (124.1)
Accounts payable 28.7 3.8 (48.3)
Accrued expenses and other liabilities 43.2 (4.9) 3.1
Income taxes payable (24.4) 24.0 3.3
Net cash provided by operating activities from continuing operations 207.5 256.5 168.1
CASH FLOWS FROM INVESTING ACTIVITIES FROM CONTINUING OPERATIONS:      
Purchases of property, plant and equipment (73.6) (66.6) (61.9)
Other 2.4 0.9 0.0
Net cash used in investing activities from continuing operations (71.2) (65.7) (61.9)
CASH FLOWS FROM FINANCING ACTIVITIES FROM CONTINUING OPERATIONS:      
Proceeds from borrowings under long-term debt obligations 1,094.9 1,332.9 2,233.3
Repayments of borrowings under long-term debt obligations (1,195.8) (1,471.5) (1,867.7)
Proceeds from exercise of stock options 4.6 12.8 15.7
Excess tax benefit from stock-based compensation 0.0 0.0 7.0
Treasury stock repurchased (4.6) (44.9) (535.0)
Payment of deferred financing costs 0.0 (0.5) (6.9)
Fees paid to lenders 0.0 0.0 7.8
Call premium on 2020 Senior Notes 0.0 0.0 23.6
Other (6.1) (4.0) (0.1)
Net cash used in financing activities from continuing operations (107.0) (175.2) (185.1)
Net cash provided by (used in) continuing operations 29.3 15.6 (78.9)
CASH USED IN DISCONTINUED OPERATIONS      
Operating cash flows (24.4) (33.6) (2.6)
Investing cash flows 2.1 3.6 (0.5)
Financing cash flows 0.0 0.0 0.0
Net cash used in discontinued operations (22.3) (30.0) (3.1)
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (3.1) (9.4) (6.2)
Increase (decrease) in cash and cash equivalents 3.9 (23.8) (88.2)
CASH AND CASH EQUIVALENTS, beginning of period 41.9 65.7 153.9
CASH AND CASH EQUIVALENTS, end of period 45.8 41.9 65.7
LESS: CASH AND CASH EQUIVALENTS OF DISCONTINUED OPERATIONS 0.0 0.8 1.1
CASH AND CASH EQUIVALENTS OF CONTINUING OPERATIONS 41.1 64.6  
Cash paid during the period for:      
Interest 91.8 86.6 75.4
Income taxes, net of refunds $ 32.5 $ 79.8 $ 81.3