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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 1,283.3 $ 1,358.3 $ 3,733.8 $ 3,571.2
Cost of sales 742.2 781.2 2,173.4 2,017.0
Gross profit 541.1 577.1 1,560.4 1,554.2
Selling and marketing expenses 248.3 243.8 744.7 658.3
General, administrative and other expenses 96.7 90.3 296.6 254.9
Equity income in earnings of unconsolidated affiliates (4.9) (6.8) (14.4) (20.5)
Operating income 201.0 249.8 533.5 661.5
Other expense, net:        
Interest expense, net 26.8 13.5 71.4 45.8
Loss on extinguishment of debt 0.0 0.0 0.0 23.0
Other (income) expense, net (0.9) 0.1 (1.5) (0.3)
Total other expense, net 25.9 13.6 69.9 68.5
Income from continuing operations before income taxes 175.1 236.2 463.6 593.0
Income tax provision (41.1) (58.7) (107.5) (143.9)
Income from continuing operations 134.0 177.5 356.1 449.1
Loss from discontinued operations, net of tax (0.8) (0.1) (0.8) (0.6)
Net income before non-controlling interests 133.2 177.4 355.3 448.5
Less: Net income (loss) attributable to non-controlling interests 0.5 0.0 1.3 (0.2)
Net income attributable to Tempur Sealy International, Inc. $ 132.7 $ 177.4 $ 354.0 $ 448.7
Basic        
Earnings per share for continuing operations (in dollars per share) $ 0.78 $ 0.91 $ 2.01 $ 2.26
Loss per share for discontinued operations (in dollars per share) (0.01) 0 0 0
Earnings per share (in dollars per share) 0.77 0.91 2.01 2.26
Diluted        
Earnings per share for continuing operations (in dollars per share) 0.75 0.87 1.95 2.18
Loss per share for discontinued operations (in dollars per share) 0 0 0 0
Earnings per share (in dollars per share) $ 0.75 $ 0.87 $ 1.95 $ 2.18
Weighted average common shares outstanding:        
Basic (in shares) 171.9 195.8 176.2 198.9
Diluted (in shares) 177.0 203.4 181.5 205.9