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Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Total Assets and Long-lived Assets by Segment

The following table summarizes total assets by segment:

			December 31,						December 31,
(in millions)			2020						2019
North America			$	3,740.3					$	3,187.7
International			639.8						569.0
Corporate			490.3						477.1
Inter-segment eliminations			(1,561.8)						(1,172.0)
Total assets			$	3,308.6					$	3,061.8

     The following table summarizes property, plant and equipment, net, by segment:

			December 31,						December 31,
(in millions)			2020						2019
North America			$	415.3					$	334.8
International			49.8						45.9
Corporate			42.8						55.1
Total property, plant and equipment, net			$	507.9					$	435.8

    The following table summarizes operating lease right-of-use assets by segment:

			December 31,						December 31,
(in millions)			2020						2019
North America			$	256.6					$	202.0
International			45.7						42.2
Corporate			2.0						1.2
Total operating lease right-of-use assets			$	304.3					$	245.4

Segment Financial Information

The following table summarizes segment information for the year ended December 31, 2020:

(in millions)			North America						International						Corporate						Eliminations						Consolidated
Bedding sales			$	2,956.3					$	397.5					$	—					$	—					$	3,353.8
Other sales			202.9						120.2						—						—						323.1
Net sales			$	3,159.2					$	517.7					$	—					$	—					$	3,676.9
Inter-segment sales			$	1.2					$	0.7					$	—					$	(1.9)					$	—
Inter-segment royalty expense (income)			9.4						(9.4)						—						—						—
Gross profit			1,332.0						306.4						—						—						1,638.4
Operating income (loss)			591.4						127.6						(186.9)						—						532.1
Income (loss) from continuing operations before income taxes			590.1						120.2						(257.9)						—						452.4
Depreciation and amortization (1)			$	76.3					$	13.6					$	112.6					$	—					$	202.5
Capital expenditures			92.6						11.0						7.7						—						111.3

(1)Depreciation and amortization includes stock-based compensation amortization expense.

The following table summarizes segment information for the year ended December 31, 2019:

(in millions)			North America						International						Corporate						Eliminations						Consolidated
Bedding sales			$	2,448.8					$	388.2					$	—					$	—					$	2,837.0
Other sales			154.7						114.3						—						—						269.0
Net sales			$	2,603.5					$	502.5					$	—					$	—					$	3,106.0
Inter-segment sales			$	1.2					$	1.1					$	—					$	(2.3)					$	—
Inter-segment royalty expense (income)			7.6						(7.6)						—						—						—
Gross profit			1,055.2						287.0						—						—						1,342.2
Operating income (loss)			349.9						110.3						(113.5)						—						346.7
Income (loss) from continuing operations before income taxes			342.9						103.8						(181.2)						—						265.5
Depreciation and amortization (1)			$	65.1					$	13.0					$	38.4					$	—					$	116.5
Capital expenditures			63.0						10.7						14.5						—						88.2

(1)Depreciation and amortization includes stock-based compensation amortization expense.

The following table summarizes segment information for the year ended December 31, 2018:

(in millions)			North America						International						Corporate						Eliminations						Consolidated
Bedding sales			2,069.5						$	385.8					$	—					$	—					$	2,455.3
Other sales			137.5						110.1						—						—						247.6
Net sales			$	2,207.0					$	495.9					$	—					$	—					$	2,702.9
Inter-segment sales			$	1.3					$	0.6					$	—					$	(1.9)					$	—
Inter-segment royalty expense (income)			6.2						(6.2)						—						—						—
Gross profit			843.4						277.3						—						—						1,120.7
Operating income (loss)			256.5						101.0						(101.2)						—						256.3
Income (loss) from continuing operations before income taxes			248.4						93.7						(177.1)						—						165.0
Depreciation and amortization (1)			$	59.5					$	13.0					$	39.4					$	—					$	111.9
Capital expenditures			53.6						13.1						6.9						—						73.6

(1)Depreciation and amortization includes stock-based compensation amortization expense.

Long-Lived Assets by Geographic Region

The following table summarizes property, plant and equipment, net, by geographic region:

			December 31,						December 31,
(in millions)			2020						2019
United States			$	436.2					$	366.4
All other			71.7						69.4
Total property, plant and equipment, net			$	507.9					$	435.8

The following table summarizes operating lease right-of-use assets by geographic region:

			December 31,						December 31,
(in millions)			2020						2019
United States			$	255.0					$	198.3
All Other			49.3						47.1
Total operating lease right-of-use assets			$	304.3					$	245.4

Net Sales by Geographic Region

The following table summarizes net sales by geographic region:

			Year Ended December 31,
(in millions)			2020						2019						2018
United States			$	2,886.6					$	2,312.1					$	1,928.8
All other			790.3						793.9						774.1
Total net sales			$	3,676.9					$	3,106.0					$	2,702.9

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