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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operations    
Net income $ 48.2 $ 56.7
Less: Loss from discontinued operations 0 (3.4)
Income from Continuing Operations 48.2 60.1
Non-cash items included in net income:    
Depreciation and amortization 23.6 18.1
Deferred income tax provision (benefit) 2.9 7.7
Pension and other postretirement benefits 2.1 2.4
Stock-based compensation 3.0 0.8
Income from equity affiliates 0.9 1.4
Excess tax benefits of stock-based awards (0.6) (0.5)
Proceeds from Equity Method Investment, Dividends or Distributions 4.4 3.6
Other items (2.1) 1.1
Changes in operating working capital    
Accounts receivable (16.5) (5.1)
Inventories (0.9) (4.3)
Prepaid expenses (0.9) (0.5)
Accounts payable 3.8 0.7
Accrued expenses (5.6) 2.1
Accrued incomes taxes (4.0) (4.1)
Net changes in operating working capital (24.1) (11.2)
Net cash provided by operating activities of:    
- Continuing operations 56.5 80.7
- Discontinued operations 0.9 1.1
Cash Provided by Operations 57.4 81.8
Investing    
Capital spending (15.1) (9.2)
Capitalized software costs (0.2) (0.1)
Payments to Acquire Businesses, Net of Cash Acquired 2.4 0
Investment in equity affiliates, net (8.8) 0
Other investing (1.5) (0.6)
Cash Used for Investing (28.0) (9.9)
Financing    
Cash dividends paid to SWM stockholders (22.0) (18.8)
Changes in short-term debt 0.2 (0.7)
Proceeds from issuances of long-term debt 210.0 31.4
Payments on long-term debt (146.2) (21.3)
Purchases of common stock (52.6) (1.7)
Proceeds from exercise of stock options 0 0.3
Excess tax benefits of stock-based awards 0.6 0.5
Cash Used in Financing (10.0) (10.3)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 0 (0.1)
Increase (Decrease) in Cash and Cash Equivalents 19.4 61.5
Cash and Cash Equivalents at beginning of period 272.0 151.2
Cash and Cash Equivalents at end of period $ 291.4 $ 212.7