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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operations    
Net income $ 85.8 $ 63.3
Less: Income (loss) from discontinued operations (3.9) (11.0)
Income from Continuing Operations 89.7 74.3
Non-cash items included in net income:    
Depreciation and amortization 27.0 28.7
Impairment 0 20.0
Deferred income tax provision (benefit) 12.8 8.6
Pension and other postretirement benefits 3.4 1.6
Stock-based compensation 2.0 4.5
Income from equity affiliates 0.5 0.8
Excess tax benefits of stock-based awards (0.5) (0.1)
Other items 2.3 (1.2)
Changes in operating working capital    
Accounts receivable (6.9) 3.8
Inventories (0.4) (7.4)
Prepaid expenses 0.1 (0.3)
Accounts payable (6.7) (3.7)
Accrued expenses 3.4 (3.8)
Accrued incomes taxes (5.5) 2.4
Net changes in operating working capital (16.0) (9.0)
Net cash provided (used) by operating activities of:    
- Continuing operations 121.2 128.2
- Discontinued operations 1.9 (2.8)
Cash Provided by Operations 123.1 125.4
Investing    
Capital spending (20.2) (20.4)
Capitalized software costs (0.4) (0.5)
Investment in equity affiliates, net 0 (21.0)
Other investing 0.5 (4.1)
Cash Used for Investing (20.1) (46.0)
Financing    
Cash dividends paid to SWM stockholders (28.3) (9.4)
Changes in short-term debt 0.4 1.3
Proceeds from issuances of long-term debt 53.4 39.8
Payments on long-term debt (59.5) (20.3)
Purchases of treasury stock (1.7) (50.0)
Proceeds from exercise of stock options 0.3 0.1
Excess tax benefits of stock-based awards 0.5 0.1
Cash Used in Financing (34.9) (38.4)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 3.2 0.3
Increase (Decrease) in Cash and Cash Equivalents 71.3 41.3
Cash and Cash Equivalents at beginning of period 151.2 76.5
Cash and Cash Equivalents at end of period $ 222.5 $ 117.8