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Condensed Consolidated Statements of Cash Flow - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating    
Net income $ 23.4 $ 44.0
Non-cash items included in net income:    
Depreciation and amortization 44.9 32.5
Deferred income tax 6.8 1.6
Pension and other postretirement benefits 1.9 1.8
Stock-based compensation 4.6 4.2
Income from equity affiliates (3.8) (0.9)
Brazil tax assessment accruals, net (6.1) 0.0
Other items (0.9) (3.7)
Changes in operating working capital, net of assets acquired:    
Accounts receivable (14.2) (8.4)
Inventories (11.1) (1.4)
Prepaid expenses (4.3) (1.3)
Accounts payable and other current liabilities (11.2) (19.7)
Accrued income taxes (10.2) 0.6
Net changes in operating working capital (51.0) (30.2)
Net cash provided by operations 19.8 49.3
Investing    
Capital spending (16.3) (14.9)
Capitalized software costs (1.3) (1.7)
Acquisitions, net of cash acquired (630.5) (169.3)
Other investing (0.9) 2.1
Net cash used in investing (649.0) (183.8)
Financing    
Cash dividends paid to SWM stockholders (27.6) (27.4)
Proceeds from issuances of long-term debt 703.7 212.0
Payments on long-term debt (17.8) (87.1)
Purchases of common stock (3.1) (0.9)
Payments for debt issuance costs (14.5) 0.0
Net cash provided by financing 640.7 96.6
Effect of exchange rate changes on cash and cash equivalents (0.3) (1.2)
Increase (decrease) in cash and cash equivalents 11.2 (39.1)
Cash and cash equivalents at beginning of period 54.7 103.0
Cash and cash equivalents at end of period 65.9 63.9
Supplemental Cash Flow Disclosures    
Cash paid for interest, net 19.7 14.1
Cash paid for taxes, net 14.2 8.1
Change in capital spending in accounts payable and accrued liabilities $ 5.1 $ 2.9