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Stockholders' Equity | 12 Months Ended
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Dec. 31, 2019
Stockholders' Equity Note [Abstract] |
Stockholders' Equity | Stockholders' Equity (a) Common and Preferred Stock. Tempur Sealy International has 300.0 million authorized shares of common stock with $0.01 per share par value and 10.0 million authorized shares of preferred stock with $0.01 per share par value. The holders of the common stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders. Subject to preferences that may be applicable to any outstanding preferred stock, holders of common stock are entitled to receive ratably such dividends as may be declared from time to time by the Board of Directors out of funds legally available for that purpose. In the event of liquidation, dissolution or winding up, the holders of common stock are entitled to share ratably in all assets remaining after payment of liabilities, subject to prior distribution rights of preferred stock, if any, then outstanding. The Board of Directors is authorized, subject to any limitations prescribed by law, without further vote or action by the stockholders, to issue from time to time shares of preferred stock in one or more series. Each such series of preferred stock will have such number of shares, designations, preferences, voting powers, qualifications, and special or relative rights or privileges as determined by the Board of Directors, which may include, among others, dividend rights, voting rights, redemption and sinking fund provisions, liquidation preferences, conversion rights and preemptive rights. (b) Treasury Stock. As of December 31, 2019, the Company had approximately $124.6 million remaining under an existing share repurchase program initially authorized by the Board of Directors in 2016. In February 2020, the Board of Directors authorized an increase, of over $190.0 million, to its existing share repurchase authorization of Tempur Sealy International's common stock to $300.0 million. For the year ended December 31, 2019, the Company repurchased 1.3 million shares for approximately $102.3 million under the program. The Company did not repurchase any shares under the program during the year ended December 31, 2018. For the year ended December 31, 2017, the Company repurchased 0.6 million shares for approximately $40.1 million under the program. In addition, the Company acquired 0.1 million, 0.1 million, and 0.1 million shares upon the vesting of certain restricted stock units ("RSUs"), which were withheld to satisfy tax withholding obligations during the years ended December 31, 2019, 2018 and 2017, respectively. The shares withheld were valued at the closing price of the stock on the New York Stock Exchange on the vesting date or first business day prior to vesting, resulting in approximately $3.4 million, $4.6 million, and 4.8 million in treasury stock acquired during the years ended December 31, 2019, 2018 and 2017, respectively. (c) Charitable Stock Donation. In the fourth quarter of 2019, the Company recorded an $8.9 million charge, recorded in General, administrative and other expenses, related to the donation of 100,000 shares of its common stock at fair market value to certain public charities. (d) AOCL. AOCL consisted of the following:
| Year Ended December 31,
(in millions) | 2019 |  | 2018 |  | 2017
Foreign Currency Translation |  |  |  |  |
Balance at beginning of period | $ | (91.7 | ) |  | $ | (72.8 | ) |  | $ | (101.9 | )
Other comprehensive loss: |  |  |  |  |
Foreign currency translation adjustments (1) | 9.5 |  |  | (18.9 | ) |  | 29.1 |
Balance at end of period | $ | (82.2 | ) |  | $ | (91.7 | ) |  | $ | (72.8 | )
Pension Benefits |  |  |  |  |
Balance at beginning of period | $ | (3.6 | ) |  | $ | (2.7 | ) |  | $ | (2.2 | )
Other comprehensive loss: |  |  |  |  |
Net change from period revaluation | (2.6 | ) |  | (0.4 | ) |  | (0.8 | )
Tax benefit (2) | 0.7 |  |  | 0.1 |  |  | 0.3 |
Total other comprehensive loss before reclassifications, net of tax | (1.9 | ) |  | (0.3 | ) |  | (0.5 | )
Net amount reclassified to earnings | — |  |  | — |  |  | — |
U.S tax reform - reclassification to retained earnings upon adoption of ASU No. 2018-02 | — |  |  | (0.5 | ) |  | — |
Tax expense (2) | — |  |  | (0.1 | ) |  | — |
Total amount reclassified from accumulated other comprehensive loss, net of tax | — |  |  | (0.6 | ) |  | — |
Total other comprehensive loss | (1.9 | ) |  | (0.9 | ) |  | (0.5 | )
Balance at end of period | $ | (5.5 | ) |  | $ | (3.6 | ) |  | $ | (2.7 | )
Foreign Exchange Forward Contracts |  |  |  |  |
Balance at beginning of period | $ | — |  |  | $ | — |  |  | $ | 0.6 |
Other comprehensive loss: |  |  |  |  |
Net change from period revaluation | — |  |  | — |  |  | (0.6 | )
Tax benefit (2) | — |  |  | — |  |  | 0.1 |
Total other comprehensive loss before reclassifications, net of tax | — |  |  | — |  |  | (0.5 | )
Net amount reclassified to earnings (3) | — |  |  | — |  |  | (0.1 | )
Total amount reclassified from accumulated other comprehensive loss, net of tax | — |  |  | — |  |  | (0.1 | )
Total other comprehensive loss | — |  |  | — |  |  | (0.6 | )
Balance at end of period | $ | — |  |  | $ | — |  |  | $ | — |
(1) | In 2019, 2018 and 2017, there were no tax impacts related to foreign currency translation adjustments and no amounts were reclassified to earnings.
(2) | These amounts were included in the income tax provision in the accompanying Consolidated Statements of Income.
(3) This amount was included in cost of sales, net in the accompanying Consolidated Statements of Income.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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