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Condensed Consolidated Statements of Cash Flow - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating    
Net income $ 21.6 $ 22.5
Non-cash items included in net income:    
Depreciation and amortization 16.9 15.3
Deferred income tax 3.0 0.7
Pension and other postretirement benefits 1.1 0.8
Stock-based compensation 2.1 2.2
Income from equity affiliates (1.0) 0.0
Brazil tax assessment accruals, net (6.1) 0.0
Other items 5.6 (2.7)
Changes in operating working capital, net of assets acquired:    
Accounts receivable (27.7) (33.7)
Inventories 1.8 10.8
Prepaid expenses (4.8) (3.5)
Accounts payable 11.3 1.3
Accrued expenses and other current liabilities (13.5) (10.7)
Accrued income taxes 2.4 2.1
Net changes in operating working capital (30.5) (33.7)
Net cash provided by operations 12.7 5.1
Investing    
Capital spending (7.1) (7.4)
Capitalized software costs (0.5) (0.7)
Acquisitions, net of cash acquired 0.0 (170.6)
Other investing 0.3 2.4
Net cash used in investing (7.3) (176.3)
Financing    
Cash dividends paid to SWM stockholders (13.8) (13.7)
Proceeds from issuances of long-term debt 25.0 212.0
Payments on long-term debt (0.6) (0.4)
Purchases of common stock (3.1) (1.0)
Payments for debt issuance costs (3.0) 0.0
Net cash provided by financing 4.5 196.9
Effect of exchange rate changes on cash and cash equivalents (0.9) (2.0)
Increase in cash and cash equivalents 9.0 23.7
Cash and cash equivalents at beginning of period 54.7 103.0
Cash and cash equivalents at end of period 63.7 126.7
Supplemental Cash Flow Disclosures    
Cash paid for interest, net 1.4 2.3
Cash paid for taxes, net 2.0 2.3
Change in capital spending in accounts payable and accrued liabilities $ 4.9 $ 2.9