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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 1,132.3 $ 821.0 $ 2,619.9 $ 2,234.7
Cost of sales 602.1 460.4 1,466.7 1,278.9
Gross profit 530.2 360.6 1,153.2 955.8
Selling and marketing expenses 229.7 168.6 535.8 485.4
General, administrative and other expenses 125.1 75.3 288.1 218.7
Equity income in earnings of unconsolidated affiliates (4.8) (3.9) (9.6) (10.4)
Operating income 180.2 120.6 338.9 262.1
Other expense, net:        
Interest expense, net 20.1 20.8 61.0 65.7
Loss on extinguishment of debt 0.9 0.0 0.9 0.0
Other (income) expense, net 0.5 (1.3) (0.3) 6.5
Total other expense, net 20.5 22.1 62.2 59.2
Income from continuing operations before income taxes 159.7 98.5 276.7 202.9
Income tax provision (40.3) (26.1) (73.2) (58.8)
Income from continuing operations 119.4 72.4 203.5 144.1
Income (loss) from discontinued operations, net of tax 2.4 0.8 1.3 (0.8)
Net income before non-controlling interests 121.8 73.2 204.8 143.3
Less: Net income (loss) attributable to non-controlling interests 0.4 (0.1) 0.7 0.0
Net income attributable to Tempur Sealy International, Inc. $ 121.4 $ 73.3 $ 204.1 $ 143.3
Basic        
Earnings per share for continuing operations (in dollars per share) $ 2.31 $ 1.33 $ 3.89 $ 2.63
Earnings (loss) per share for discontinued operations (in dollars per share) 0.04 0.01 0.02 (0.01)
Earnings per share (in dollars per share) 2.35 1.34 3.91 2.62
Diluted        
Earnings per share for continuing operations (in dollars per share) 2.25 1.30 3.83 2.57
Earnings (loss) per share for discontinued operations (in dollars per share) 0.04 0.01 0.03 (0.01)
Earnings per share (in dollars per share) $ 2.29 $ 1.31 $ 3.86 $ 2.56
Weighted average common shares outstanding:        
Basic (in shares) 51.6 54.6 52.2 54.7
Diluted (in shares) 52.9 55.8 52.9 56.0