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Guarantor/Non-Guarantor Financial Information (Tables)
12 Months Ended
Dec. 31, 2018
Guarantor/Non-Guarantor Financial Information  
Schedule of Supplemental Condensed Consolidating Statements of Operations
TEMPUR SEALY INTERNATIONAL, INC.
Supplemental Consolidated Statements of Income and Comprehensive Income
Year Ended December 31, 2018
(in millions)

 
Tempur Sealy International, Inc. (Ultimate Parent)
 
Combined Guarantor Subsidiaries
 
Combined Non-Guarantor Subsidiaries
 
Reclassifications and Eliminations
 
Consolidated
Net sales
$

 
$
2,000.9

 
$
800.5

 
$
(98.5
)
 
$
2,702.9

Cost of sales

 
1,208.3

 
464.3

 
(90.4
)
 
1,582.2

Gross profit

 
792.6

 
336.2

 
(8.1
)
 
1,120.7

Selling and marketing expenses
8.4

 
392.0

 
199.8

 
(12.4
)
 
587.8

General, administrative and other expenses
17.8

 
225.8

 
57.4

 
(6.8
)
 
294.2

Equity income in earnings of unconsolidated affiliates

 

 
(17.6
)
 

 
(17.6
)
Operating (loss) income
(26.2
)
 
174.8

 
96.6

 
11.1

 
256.3

 
 
 
 
 
 
 
 
 
 
Other expense, net:
 
 
 
 
 
 
 
 
 
Third party interest expense, net
59.2

 
30.2

 
4.6

 
(1.7
)
 
92.3

Intercompany interest (income) expense, net
(6.9
)
 
10.8

 
(3.9
)
 

 

Interest expense, net
52.3

 
41.0

 
0.7

 
(1.7
)
 
92.3

Other (income) expense, net

 
(9.9
)
 
13.9

 
(5.0
)
 
(1.0
)
Total other expense, net
52.3

 
31.1

 
14.6

 
(6.7
)
 
91.3

 
 
 
 
 
 
 
 
 
 
Income from equity investees
162.0

 
26.6

 

 
(188.6
)
 

 
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
83.5

 
170.3

 
82.0

 
(170.8
)
 
165.0

Income tax benefit (provision)
14.1

 
(8.3
)
 
(55.4
)
 

 
(49.6
)
Income from continuing operations
97.6

 
162.0

 
26.6

 
(170.8
)
 
115.4

Loss from discontinued operations, net of tax

 

 

 
(17.8
)
 
(17.8
)
Net income before non-controlling interests
97.6

 
162.0

 
26.6

 
(188.6
)
 
97.6

Less: Net loss attributable to non-controlling interest
(2.9
)
 
(2.6
)
 
(0.3
)
 
2.9

 
(2.9
)
Net income attributable to Tempur Sealy International, Inc.
$
100.5

 
$
164.6

 
$
26.9

 
$
(191.5
)
 
$
100.5

 
 
 
 
 
 
 
 
 
 
Comprehensive income attributable to Tempur Sealy International, Inc.
$
80.7

 
$
164.2

 
$
7.5

 
$
(171.7
)
 
$
80.7

 
TEMPUR SEALY INTERNATIONAL, INC.
Supplemental Consolidated Statements of Income and Comprehensive Income
Year Ended December 31, 2017
(in millions)

 
Tempur Sealy International, Inc. (Ultimate Parent)
 
Combined Guarantor Subsidiaries
 
Combined Non-Guarantor Subsidiaries
 
Reclassifications and Eliminations
 
Consolidated
Net sales
$

 
$
1,961.2

 
$
862.5

 
$
(123.1
)
 
$
2,700.6

Cost of sales

 
1,185.4

 
497.6

 
(103.4
)
 
1,579.6

Gross profit

 
775.8

 
364.9

 
(19.7
)
 
1,121.0

Selling and marketing expenses
5.6

 
406.8

 
188.9

 
(15.2
)
 
586.1

General, administrative and other expenses
17.5

 
176.6

 
78.9

 
(11.6
)
 
261.4

Customer termination charges, net
(8.4
)
 
21.7

 
1.1

 

 
14.4

Equity income in earnings of unconsolidated affiliates

 

 
(15.6
)
 

 
(15.6
)
Royalty income, net of royalty expense

 
(20.8
)
 

 

 
(20.8
)
Operating (loss) income
(14.7
)
 
191.5

 
111.6

 
7.1

 
295.5

 
 
 
 
 
 
 
 
 
 
Other expense, net:
 
 
 
 
 
 
 
 
 
Third party interest expense, net
59.6

 
26.0

 
22.4

 
(20.7
)
 
87.3

Intercompany interest (income) expense, net
(4.7
)
 
8.3

 
(3.6
)
 

 

Interest expense, net
54.9

 
34.3

 
18.8

 
(20.7
)
 
87.3

Other (income) expense, net

 
(17.2
)
 
9.2

 
0.8

 
(7.2
)
Total other expense, net
54.9

 
17.1

 
28.0

 
(19.9
)
 
80.1

 
 
 
 
 
 
 
 
 
 
Income from equity investees
193.1

 
51.3

 

 
(244.4
)
 

 
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
123.5

 
225.7

 
83.6

 
(217.4
)
 
215.4

Income tax benefit (provision)
17.2

 
(32.6
)
 
(32.3
)
 
3.9

 
(43.8
)
Income from continuing operations
140.7

 
193.1

 
51.3

 
(213.5
)
 
171.6

Loss from discontinued operations, net of tax

 

 

 
(30.9
)
 
(30.9
)
Net income before non-controlling interests
140.7

 
193.1

 
51.3

 
(244.4
)
 
140.7

Less: Net loss attributable to non-controlling interests
(10.7
)
 
(5.2
)
 
(5.5
)
 
10.7

 
(10.7
)
Net income attributable to Tempur Sealy International, Inc.
$
151.4

 
$
198.3

 
$
56.8

 
$
(255.1
)
 
$
151.4

 
 
 
 
 
 
 
 
 
 
Comprehensive income attributable to Tempur Sealy International, Inc.
$
179.4

 
$
193.0

 
$
89.9

 
$
(282.9
)
 
$
179.4


TEMPUR SEALY INTERNATIONAL, INC.
Supplemental Consolidated Statements of Income and Comprehensive Income
Year Ended December 31, 2016
(in millions)
 
Tempur Sealy International, Inc. (Ultimate Parent)
 
Combined Guarantor Subsidiaries
 
Combined Non-Guarantor Subsidiaries
 
Reclassifications and Eliminations
 
Consolidated
Net sales
$

 
$
2,355.9

 
$
837.6

 
$
(113.8
)
 
$
3,079.7

Cost of sales

 
1,409.4

 
476.6

 
(95.8
)
 
1,790.2

Gross profit

 
946.5

 
361.0

 
(18.0
)
 
1,289.5

Selling and marketing expenses
2.9

 
458.6

 
187.0

 
(13.0
)
 
635.5

General, administrative and other expenses
14.8

 
186.8

 
79.8

 
(8.0
)
 
273.4

Equity income in earnings of unconsolidated affiliates

 

 
(13.3
)
 

 
(13.3
)
Royalty income, net of royalty expense

 
(19.5
)
 

 

 
(19.5
)
Operating (loss) income
(17.7
)
 
320.6

 
107.5

 
3.0

 
413.4

 
 
 
 
 
 
 
 
 
 
Other expense, net:
 
 
 
 
 
 
 
 
 
Third party interest expense, net
66.0

 
15.4

 
10.2

 
(8.7
)
 
82.9

Intercompany interest (income) expense, net
(4.1
)
 
(0.1
)
 
4.2

 

 

Interest expense, net
61.9

 
15.3

 
14.4

 
(8.7
)
 
82.9

Loss on extinguishment of debt
34.3

 
12.9

 

 

 
47.2

Other (income) expense, net

 
(1.4
)
 
1.2

 
(0.1
)
 
(0.3
)
Total other expense, net
96.2

 
26.8

 
15.6

 
(8.8
)
 
129.8

 
 
 
 
 
 
 
 
 
 
Income from equity investees
260.1

 
65.3

 

 
(325.4
)
 

 
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
146.2

 
359.1

 
91.9

 
(313.6
)
 
283.6

Income tax benefit (provision)
38.8

 
(99.0
)
 
(26.6
)
 
0.5

 
(86.3
)
Income from continuing operations
185.0

 
260.1

 
65.3

 
(313.1
)
 
197.3

Loss from discontinued operations

 

 

 
(12.3
)
 
(12.3
)
Net income before non-controlling interests
185.0

 
260.1

 
65.3

 
(325.4
)
 
185.0

Less: Net income attributable to non-controlling interests
(5.6
)
 

 
(5.6
)
 
5.6

 
(5.6
)
Net income attributable to Tempur Sealy International, Inc.
$
190.6

 
$
260.1

 
$
70.9

 
$
(331.0
)
 
$
190.6

 
 
 
 
 
 
 
 
 
 
Comprehensive income attributable to Tempur Sealy International, Inc.
$
183.5

 
$
260.4

 
$
63.5

 
$
(323.9
)
 
$
183.5

Schedule of Supplemental Condensed Consolidating Balance Sheets
TEMPUR SEALY INTERNATIONAL, INC.
Supplemental Consolidated Balance Sheets
December 31, 2018
(in millions)
 
Tempur Sealy International, Inc. (Ultimate Parent)
 
Combined Guarantor Subsidiaries
 
Combined Non-Guarantor Subsidiaries
 
Reclassifications and Eliminations
 
Consolidated
ASSETS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current Assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
0.1

 
$
6.2

 
$
39.5

 
$

 
$
45.8

Accounts receivable, net

 
15.2

 
303.3

 
3.0

 
321.5

Inventories

 
159.4

 
62.9

 

 
222.3

Prepaid expenses and other current assets
276.9

 
65.4

 
148.1

 
(274.6
)
 
215.8

Total Current Assets
277.0

 
246.2

 
553.8

 
(271.6
)
 
805.4

Property, plant and equipment, net

 
350.7

 
70.1

 

 
420.8

Goodwill

 
508.8

 
214.2

 

 
723.0

Other intangible assets, net

 
572.7

 
76.6

 

 
649.3

Deferred income taxes
15.0

 

 
22.6

 
(15.0
)
 
22.6

Other non-current assets

 
49.2

 
45.1

 

 
94.3

Net investment in subsidiaries
661.7

 
210.0

 

 
(871.7
)
 

Due from affiliates
422.1

 
153.8

 
15.4

 
(591.3
)
 

Total Assets
$
1,375.8

 
$
2,091.4

 
$
997.8

 
$
(1,749.6
)
 
$
2,715.4

 
 
 
 
 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current Liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$

 
$
186.7

 
$
63.3

 
$
3.0

 
$
253.0

Accrued expenses and other current liabilities
6.7

 
143.9

 
208.6

 

 
359.2

Income taxes payable

 
274.7

 
9.6

 
(274.6
)
 
9.7

Current portion of long-term debt

 
44.0

 
3.1

 

 
47.1

Total Current Liabilities
6.7

 
649.3

 
284.6

 
(271.6
)
 
669.0

Long-term debt, net
1,043.0

 
547.1

 
9.0

 

 
1,599.1

Deferred income taxes

 
118.0

 
14.5

 
(15.0
)
 
117.5

Other non-current liabilities
1.9

 
58.2

 
52.2

 

 
112.3

Due to affiliates
106.7

 
57.1

 
427.5

 
(591.3
)
 

Total Liabilities
1,158.3

 
1,429.7

 
787.8

 
(877.9
)
 
2,497.9

 
 
 
 
 
 
 
 
 
 
Total Stockholder's Equity
217.5

 
661.7

 
210.0

 
(871.7
)
 
217.5

Total Liabilities and Stockholders’ Equity
$
1,375.8

 
$
2,091.4

 
$
997.8

 
$
(1,749.6
)
 
$
2,715.4

TEMPUR SEALY INTERNATIONAL, INC.
Supplemental Consolidated Balance Sheets
December 31, 2017
(in millions)


Tempur Sealy International, Inc. (Ultimate Parent)
 
Combined Guarantor Subsidiaries
 
Combined Non-Guarantor Subsidiaries
 
Reclassifications and Eliminations
 
Consolidated
ASSETS
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current Assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
0.1

 
$
12.3

 
$
29.5

 
$
(0.8
)
 
$
41.1

Accounts receivable, net

 
5.1

 
322.2

 
(16.5
)
 
310.8

Inventories

 
103.4

 
79.6

 
(3.9
)
 
179.1

Prepaid expenses and other current assets
261.0

 
50.6

 
13.4

 
(261.6
)
 
63.4

Current assets of discontinued operations

 

 

 
13.0

 
13.0

Total Current Assets
261.1

 
171.4

 
444.7

 
(269.8
)
 
607.4

Property, plant and equipment, net

 
360.4

 
74.7

 
(1.6
)
 
433.5

Goodwill

 
507.6

 
225.5

 
(0.4
)
 
732.7

Other intangible assets, net

 
577.5

 
89.9

 
(0.3
)
 
667.1

Deferred income taxes
11.8

 

 
23.6

 
(12.0
)
 
23.4

Other non-current assets

 
47.2

 
180.2

 
(0.1
)
 
227.3

Net investment in subsidiaries
2,381.0

 
127.7

 

 
(2,508.7
)
 

Due from affiliates
87.2

 
1,975.9

 
15.6

 
(2,078.7
)
 

Non-current assets of discontinued operations

 

 

 
2.6

 
2.6

Total Assets
$
2,741.1

 
$
3,767.7

 
$
1,054.2

 
$
(4,869.0
)
 
$
2,694.0

 
 
 
 
 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Current Liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable
$

 
$
174.6

 
$
76.2

 
$
(22.5
)
 
$
228.3

Accrued expenses and other current liabilities
7.6

 
144.2

 
82.4

 
(11.9
)
 
222.3

Income taxes payable

 
279.3

 
10.0

 
(261.1
)
 
28.2

Current portion of long-term debt

 
35.7

 
36.7

 

 
72.4

Current liabilities of discontinued operations

 

 

 
25.7

 
25.7

Total Current Liabilities
7.6

 
633.8

 
205.3

 
(269.8
)
 
576.9

Long-term debt, net
1,041.6

 
589.4

 
49.7

 

 
1,680.7

Deferred income taxes

 
107.8

 
18.3

 
(11.8
)
 
114.3

Other non-current liabilities

 
55.2

 
152.2

 
(1.3
)
 
206.1

Due to affiliates
1,577.2

 
0.5

 
501.0

 
(2,078.7
)
 

Non-current liabilities of discontinued operations

 

 

 
1.3

 
1.3

Total Liabilities
2,626.4

 
1,386.7

 
926.5

 
(2,360.3
)
 
2,579.3

 
 
 
 
 
 
 
 
 
 
Redeemable non-controlling interest
2.2

 

 
2.2

 
(2.2
)
 
2.2

 
 
 
 
 
 
 
 
 
 
Total Stockholders’ Equity
112.5

 
2,381.0

 
125.5

 
(2,506.5
)
 
112.5

Total Liabilities, Redeemable Non-Controlling Interest and Stockholders’ Equity
$
2,741.1

 
$
3,767.7

 
$
1,054.2

 
$
(4,869.0
)
 
$
2,694.0

Schedule of Supplemental Condensed Consolidating Statements of Cash Flows
TEMPUR SEALY INTERNATIONAL, INC.
Supplemental Consolidated Statements of Cash Flows
Year Ended December 31, 2018
(in millions)

 
Tempur Sealy International, Inc. (Ultimate Parent)
 
Combined Guarantor Subsidiaries
 
Combined Non-Guarantor Subsidiaries
 
Reclassifications and Eliminations
 
Consolidated
Net cash (used in) provided by operating activities from continuing operations
$
(55.8
)
 
$
166.6

 
$
72.3

 
$
24.4

 
$
207.5

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Contributions (paid to) received from subsidiaries and affiliates

 
(75.8
)
 
75.8

 

 

Purchases of property, plant and equipment

 
(58.8
)
 
(15.3
)
 
0.5

 
(73.6
)
Other

 
0.1

 
4.9

 
(2.6
)
 
2.4

Net cash (used in) provided by investing activities from continuing operations

 
(134.5
)
 
65.4

 
(2.1
)
 
(71.2
)
 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Proceeds from borrowings under long-term debt obligations

 
414.0

 
680.9

 

 
1,094.9

Repayments of borrowings under long-term debt obligations

 
(444.0
)
 
(751.8
)
 

 
(1,195.8
)
Net activity in investment in and advances from (to) subsidiaries and affiliates
55.8

 
(3.0
)
 
(52.8
)
 

 

Proceeds from exercise of stock options
4.6

 

 

 

 
4.6

Treasury stock repurchased
(4.6
)
 

 

 

 
(4.6
)
Other

 
(5.2
)
 
(0.9
)
 

 
(6.1
)
Net cash provided by (used in) financing activities from continuing operations
55.8

 
(38.2
)
 
(124.6
)
 

 
(107.0
)
 
 
 
 
 
 
 
 
 
 
Net cash (used in) provided by continuing operations

 
(6.1
)
 
13.1

 
22.3

 
29.3

 
 
 
 
 
 
 
 
 
 
CASH USED IN DISCONTINUED OPERATIONS
 
 
 
 
 
 
 
 
 
Operating cash flows, net

 

 

 
(24.4
)
 
(24.4
)
Investing cash flows, net

 

 

 
2.1

 
2.1

Financing cash flows, net

 

 

 

 

Net cash used in discontinued operations

 

 

 
(22.3
)
 
(22.3
)
 
 
 
 
 
 
 
 
 
 
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

 

 
(3.1
)
 

 
(3.1
)
(Decrease) increase in cash and cash equivalents

 
(6.1
)
 
10.0

 

 
3.9

CASH AND CASH EQUIVALENTS, beginning of period
0.1

 
12.3

 
29.5

 

 
41.9

CASH AND CASH EQUIVALENTS, end of period
$
0.1

 
$
6.2

 
$
39.5

 
$

 
$
45.8

 
TEMPUR SEALY INTERNATIONAL, INC.
Supplemental Consolidated Statements of Cash Flows
Year Ended December 31, 2017
(in millions)

 
Tempur Sealy International, Inc. (Ultimate Parent)
 
Combined Guarantor Subsidiaries
 
Combined Non-Guarantor Subsidiaries
 
Reclassifications and Eliminations
 
Consolidated
Net cash (used in) provided by operating activities from continuing operations
$
(55.3
)
 
$
376.9

 
$
(98.7
)
 
$
33.6

 
$
256.5

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Contributions (paid to) received from subsidiaries and affiliates

 
(129.7
)
 
129.7

 

 

Purchases of property, plant and equipment

 
(55.8
)
 
(11.2
)
 
0.4

 
(66.6
)
Other

 
0.8

 
4.1

 
(4.0
)
 
0.9

Net cash (used in) provided by investing activities from continuing operations

 
(184.7
)
 
122.6

 
(3.6
)
 
(65.7
)
 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Proceeds from borrowings under long-term debt obligations

 
603.9

 
729.0

 

 
1,332.9

Repayments of borrowings under long-term debt obligations

 
(790.8
)
 
(680.7
)
 

 
(1,471.5
)
Net activity in investment in and advances from (to) subsidiaries and affiliates
87.5

 
0.5

 
(88.0
)
 

 

Proceeds from exercise of stock options
12.8

 

 

 

 
12.8

Treasury stock repurchased
(44.9
)
 

 

 

 
(44.9
)
Payment of deferred financing costs

 

 
(0.5
)
 

 
(0.5
)
Other

 
(1.4
)
 
(2.6
)
 

 
(4.0
)
Net cash provided by (used in) financing activities from continuing operations
55.4

 
(187.8
)
 
(42.8
)
 

 
(175.2
)
 
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) continuing operations
0.1

 
4.4

 
(18.9
)
 
30.0

 
15.6

 
 
 
 
 
 
 
 
 
 
CASH USED IN DISCONTINUED OPERATIONS
 
 
 
 
 
 
 
 
 
Operating cash flows, net

 

 

 
(33.6
)
 
(33.6
)
Investing cash flow, net

 

 

 
3.6

 
3.6

Financing cash flows, net

 

 

 

 

Net cash used in discontinued operations

 

 

 
(30.0
)
 
(30.0
)
 
 
 
 
 
 
 
 
 
 
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

 

 
(9.4
)
 

 
(9.4
)
Increase (decrease) in cash and cash equivalents
0.1

 
4.4

 
(28.3
)
 

 
(23.8
)
CASH AND CASH EQUIVALENTS, beginning of period

 
7.9

 
57.8

 

 
65.7

CASH AND CASH EQUIVALENTS, end of period
0.1

 
12.3

 
29.5

 

 
41.9

LESS: CASH AND CASH EQUIVALENTS OF DISCONTINUED OPERATIONS

 

 
0.8

 

 
0.8

CASH AND CASH EQUIVALENTS OF CONTINUING OPERATIONS
$
0.1

 
$
12.3

 
$
28.7

 
$

 
$
41.1

TEMPUR SEALY INTERNATIONAL, INC.
Supplemental Consolidated Statements of Cash Flows
Year Ended December 31, 2016
(in millions)
 
Tempur Sealy International, Inc. (Ultimate Parent)
 
Combined Guarantor Subsidiaries
 
Combined Non-Guarantor Subsidiaries
 
Reclassifications and Eliminations
 
Consolidated
Net cash (used in) provided by operating activities from continuing operations
$
(63.1
)
 
$
110.7

 
$
117.9

 
$
2.6

 
$
168.1

 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM INVESTING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Contributions (paid to) received from subsidiaries and affiliates

 
(76.7
)
 
76.7

 

 

Purchases of property, plant and equipment

 
(43.0
)
 
(19.4
)
 
0.5

 
(61.9
)
Net cash (used in) provided by investing activities from continuing operations

 
(119.7
)
 
57.3

 
0.5

 
(61.9
)
 
 
 
 
 
 
 
 
 
 
CASH FLOWS FROM FINANCING ACTIVITIES:
 
 
 
 
 
 
 
 
 
Proceeds from borrowings under long-term debt obligations
600.0

 
1,523.6

 
109.7

 

 
2,233.3

Repayments of borrowings under long-term debt obligations
(375.0
)
 
(1,406.2
)
 
(86.5
)
 

 
(1,867.7
)
Net activity in investment in and advances from (to) subsidiaries and affiliates
383.1

 
(212.5
)
 
(170.6
)
 

 

Proceeds from exercise of stock options
15.7

 

 

 

 
15.7

Excess tax benefit from stock-based compensation
7.0

 

 

 

 
7.0

Treasury stock repurchased
(535.0
)
 

 

 

 
(535.0
)
Payment of deferred financing costs
(3.1
)
 
(3.8
)
 

 

 
(6.9
)
Fees paid to lenders
(6.0
)
 
(1.8
)
 

 

 
(7.8
)
Call premium on 2020 Senior Notes
(23.6
)
 

 

 

 
(23.6
)
Other

 
(2.1
)
 
2.0

 

 
(0.1
)
Net cash provided by (used in) financing activities from continuing operations
63.1

 
(102.8
)
 
(145.4
)
 

 
(185.1
)
 
 
 
 
 
 
 
 
 
 
Net cash (used in) provided by continuing operations

 
(111.8
)
 
29.8

 
3.1

 
(78.9
)
 
 
 
 
 
 
 
 
 
 
CASH USED IN DISCONTINUED OPERATIONS
 
 
 
 
 
 
 
 
 
Operating cash flows, net

 

 

 
(2.6
)
 
(2.6
)
Investing cash flow, net

 

 

 
(0.5
)
 
(0.5
)
Financing cash flows, net

 

 

 

 

Net cash used in discontinued operations

 

 

 
(3.1
)
 
(3.1
)
 
 
 
 
 
 
 
 
 
 
NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

 

 
(6.2
)
 

 
(6.2
)
(Decrease) increase in cash and cash equivalents

 
(111.8
)
 
23.6

 

 
(88.2
)
CASH AND CASH EQUIVALENTS, beginning of period

 
119.7

 
34.2

 

 
153.9

CASH AND CASH EQUIVALENTS, end of period

 
7.9

 
57.8

 

 
65.7

LESS: CASH AND CASH EQUIVALENTS OF DISCONTINUED OPERATIONS

 

 
1.1

 

 
1.1

CASH AND CASH EQUIVALENTS OF CONTINUING OPERATIONS
$

 
$
7.9

 
$
56.7

 
$

 
$
64.6