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Goodwill and Other intangible assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill by reportable business segment
The following summarizes changes to the Company’s goodwill, by reportable business segment:
(in millions)
Total
 
Tempur
North America
 
Tempur
 International
 
Sealy
Balance as of December 31, 2011
$
213.3

 
$
108.5

 
$
104.8

 
$

Goodwill resulting from acquisitions
2.2

 

 
2.2

 

Foreign currency translation adjustments
0.6

 
0.4

 
0.2

 

Balance as of December 31, 2012
216.1

 
108.9

 
107.2

 

Goodwill resulting from acquisitions
541.8

 

 

 
541.8

Foreign currency translation adjustments
1.7

 
(1.2
)
 
0.1

 
2.8

Balance as of December 31, 2013
$
759.6

 
$
107.7

 
$
107.3

 
$
544.6

Other intangible assets
The following table summarizes information relating to the Company’s other intangible assets:
($ in millions)
 
 
December 31, 2013
 
December 31, 2012
 
Useful
Lives
(Years)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Unamortized indefinite life intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade name
 
 
$
575.3

 
$

 
$
575.3

 
$
55.0

 
$

 
$
55.0

Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Contractual distributor relationships
15
 
$
90.0

 
$
4.7

 
$
85.3

 
$

 
$

 
$

Technology
10
 
89.5

 
21.8

 
67.7

 
16.0

 
16.0

 

Patents, other trademarks, & other trade names
5-20
 
27.4

 
12.2

 
15.2

 
12.9

 
9.9

 
3.0

Customer database
5
 
8.8

 
5.5

 
3.3

 
4.9

 
4.9

 

Foam formula
10
 
3.7

 
3.7

 

 
3.7

 
3.7

 

Reacquired rights
3
 
5.4

 
5.4

 

 
5.8

 
5.3

 
0.5

Customer relationships
5
 
6.8

 
3.5

 
3.3

 
6.7

 
2.1

 
4.6

Total
 
 
$
806.9

 
$
56.8

 
$
750.1

 
$
105.0

 
$
41.9

 
$
63.1

Expected future amortization expense
Annual amortization of intangible assets is expected to be as follows:
(in millions)
 
Year Ending December 31,
 
2014
$
18.8

2015
18.8

2016
18.7

2017
17.9

2018
17.3