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Condensed Consolidated Statements of Cash Flow - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating    
Net income $ 35.6 $ 68.5
Non-cash items included in net income:    
Depreciation and amortization 70.3 52.3
Deferred income tax 2.4 1.5
Pension and other postretirement benefits (0.2) 2.6
Stock-based compensation 6.3 5.6
Income from equity affiliates (6.1) (2.0)
Brazil tax assessment accruals, net (6.1) 0.0
Cash dividends received from equity affiliates 0.8 2.7
Other items (4.4) (4.7)
Changes in operating working capital, net of assets acquired:    
Accounts receivable (30.4) (21.9)
Inventories (29.6) 1.7
Prepaid expenses (2.4) 0.6
Accounts payable and other current liabilities (0.9) (1.5)
Accrued income taxes (7.8) 2.1
Net changes in operating working capital (71.1) (19.0)
Net cash provided by operations 27.5 107.5
Investing    
Capital spending (23.8) (20.7)
Capitalized software costs (1.9) (2.8)
Acquisitions, net of cash acquired (630.6) (169.3)
Other investing (2.0) 2.3
Net cash used in investing (658.3) (190.5)
Financing    
Cash dividends paid to SWM stockholders (41.5) (41.2)
Proceeds from issuances of long-term debt 729.7 212.7
Payments on long-term debt (19.5) (124.6)
Purchases of common stock (3.1) (0.9)
Payments for debt issuance costs (14.6) 0.0
Net cash provided by financing 651.0 46.0
Effect of exchange rate changes on cash and cash equivalents (1.3) 0.3
Increase (decrease) in cash and cash equivalents 18.9 (36.7)
Cash and cash equivalents at beginning of period 54.7 103.0
Cash and cash equivalents at end of period 73.6 66.3
Supplemental Cash Flow Disclosures    
Cash paid for interest, net 27.5 17.9
Cash paid for taxes, net 17.7 11.0
Change in capital spending in accounts payable and accrued liabilities $ 4.7 $ 3.5