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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operations    
Net income $ 71.2 $ 85.8
Less: Loss from discontinued operations (0.1) (3.9)
Income from Continuing Operations 71.3 89.7
Non-cash items included in net income:    
Depreciation and amortization 34.9 27.0
Deferred income tax provision 2.6 12.8
Pension and other postretirement benefits 2.9 3.4
Stock-based compensation 4.3 2.0
(Loss) Income from equity affiliates (0.2) 0.5
Excess tax benefits of stock-based awards (0.6) (0.5)
Cash dividends received from equity affiliates 4.4 0
Other items (0.9) 2.3
Changes in operating working capital:    
Accounts receivable (30.2) (6.9)
Inventories 11.2 (0.4)
Prepaid expenses (0.7) 0.1
Accounts payable 3.6 (6.7)
Accrued expenses (5.1) 3.4
Accrued income taxes (6.4) (5.5)
Net changes in operating working capital (27.6) (16.0)
Net cash provided by operating activities of:    
- Continuing operations 91.1 121.2
- Discontinued operations 0.7 1.9
Cash Provided by Operations 91.8 123.1
Investing    
Capital spending (26.2) (20.2)
Capitalized software costs (0.5) (0.4)
Acquisitions, net of cash acquired (2.3) 0
Investment in equity affiliates (8.8) 0
Other investing 3.5 0.5
Cash Used in Investing 34.3 20.1
Financing    
Cash dividends paid to SWM stockholders (33.0) (28.3)
Changes in short-term debt 5.5 0.4
Proceeds from issuances of long-term debt 215.3 53.4
Payments on long-term debt (157.4) (59.5)
Purchases of common stock (52.5) (1.7)
Proceeds from exercise of stock options 0 0.3
Excess tax benefits of stock-based awards 0.6 0.5
Cash Used in Financing (21.5) (34.9)
Effect of exchange rate changes on cash and cash equivalents (22.0) 3.2
Increase in cash and cash equivalents 14.0 71.3
Cash and cash equivalents at beginning of period 272.0 151.2
Cash and cash equivalents at end of period 286.0 222.5
Supplemental Cash Flow Disclosures    
Cash paid for interest 3.6 1.5
Cash paid for taxes, net $ 30,464.0 $ 58,524.6