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Condensed Consolidated Statements of Cash Flow - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating    
Net income $ 1.6 $ 21.6
Non-cash items included in net income:    
Depreciation and amortization 25.1 16.9
Restructuring-related impairment 12.9 0.0
Deferred income tax (6.4) 3.0
Pension and other postretirement benefits (1.9) 1.1
Stock-based compensation 3.4 2.1
Income from equity affiliates (2.1) (1.0)
Brazil tax assessment accruals, net 0.0 (6.1)
Other items (5.8) 5.6
Cash received from settlement of interest swap agreements 23.6 0.0
Changes in operating working capital, net of assets acquired:    
Accounts receivable (42.8) (27.7)
Inventories (16.8) 1.8
Prepaid expenses (6.8) (4.8)
Accounts payable and other current liabilities 16.1 (2.2)
Accrued income taxes 4.9 2.4
Net changes in operating working capital (45.4) (30.5)
Net cash provided by operations 5.0 12.7
Investing    
Capital spending (8.7) (7.1)
Capitalized software costs (0.9) (0.5)
Other investing 0.0 0.3
Net cash used in investing (9.6) (7.3)
Financing    
Cash dividends paid to SWM stockholders (13.9) (13.8)
Proceeds from issuances of long-term debt 20.0 25.0
Payments on long-term debt (14.4) (0.6)
Payments on financing lease obligations (0.2) 0.0
Purchases of common stock (2.9) (3.1)
Payments for debt issuance costs (2.2) (3.0)
Net cash (used in) provided by financing (13.6) 4.5
Effect of exchange rate changes on cash and cash equivalents (0.4) (0.9)
(Decrease) increase in cash and cash equivalents (18.6) 9.0
Cash and cash equivalents at beginning of period 74.7 54.7
Cash and cash equivalents at end of period 56.1 63.7
Supplemental Cash Flow Disclosures    
Cash paid for interest, net 7.6 1.4
Cash paid for taxes, net 3.4 2.0
Change in capital spending in accounts payable and accrued liabilities $ 5.3 $ 4.9