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Condensed Consolidated Statements of Cash Flow - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating    
Net income $ 21.1 $ 18.8
Less: Loss from discontinued operations 0.0 0.0
Income from Continuing Operations 21.1 18.8
Non-cash items included in net income:    
Depreciation and amortization 10.8 9.7
Restructuring-related impairment 0.5 0.7
Deferred income tax provision 0.1 0.9
Pension and other postretirement benefits 0.9 1.3
Stock-based compensation 1.4 1.0
Loss (income) from equity affiliates 0.1 (1.4)
Gain on sale of intangible assets (1.8) 0.0
Excess tax expense (benefits) of stock-based awards 0.2 (0.4)
Other items (1.7) 0.5
Changes in operating working capital:    
Accounts receivable (13.6) (25.9)
Inventories 4.9 0.2
Prepaid expenses (1.4) (0.2)
Accounts payable (4.3) 4.3
Accrued expenses (6.0) (2.3)
Accrued income taxes 6.5 4.0
Net changes in operating working capital (13.9) (19.9)
Net cash provided by (used in) operating activities of:    
Continuing operations 17.7 11.2
Discontinued operations (0.1) 0.0
Net Cash Provided by Operations 17.6 11.2
Investing    
Capital spending (4.5) (5.2)
Capitalized software costs (0.2) (0.2)
Other investing (0.8) 1.5
Net Cash Used in Investing (5.5) (3.9)
Financing    
Cash dividends paid to SWM stockholders (12.2) (11.6)
Changes in short-term debt 0.1 0.5
Proceeds from issuances of long-term debt 27.1 15.1
Payments on long-term debt (19.8) (3.1)
Purchases of common stock (0.6) (2.9)
Excess tax benefits of stock-based awards (0.2) 0.4
Net Cash Used in Financing (5.6) (1.6)
Effect of exchange rate changes on cash and cash equivalents 7.2 (28.7)
Increase (decrease) in cash and cash equivalents 13.7 (23.0)
Cash and cash equivalents at beginning of period 186.5 290.3
Cash and cash equivalents at end of period 200.2 267.3
Supplemental Cash Flow Disclosures    
Cash paid for interest 3.6 1.9
Cash paid for taxes, net 1.3 1.0
Capital Spending in accounts payable and accrued liabilities $ 1.4 $ 2.0