Basis of Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Property, Plant and Equipment

Depreciation and amortization are computed using the straight-line method over the estimated useful lives as follows:

	Estimated Useful Lives
Buildings and improvements	2 to 20 years
Machinery and equipment	2 to 10 years
Converting machines	3 to 5 years
Computer and office equipment	2 to 10 years
Assets under capital lease	3 years

The following table details our property, plant and equipment, net:

	December 31,
	Successor			Predecessor
(in millions)	2019			2018
Land	$	4.1		$	3.9
Buildings and improvements	8.1			7.0
Machinery and equipment	13.0			15.0
Other property and equipment	6.7			8.7
Converting machines	105.9			112.4
Property, plant and equipment	137.8			147.0
Accumulated depreciation and amortization	(15.3		)	(74.0		)
Property, plant and equipment, net	$	122.5		$	73.0

The following table details our depreciation expense for property, plant and equipment:

	Successor		Predecessor
	June 3, through December 31,		January 1, through June 2,		December 31,
(in millions)	2019		2019		2018		2017
Cost of sales	$	14.6	$	8.9	$	21.2	$	19.2
Selling, general and administrative	0.8		0.7		1.6		1.1
Total depreciation	$	15.4	$	9.6	$	22.8	$	20.3

Schedule of Cash Flow, Supplemental Disclosures

Supplemental cash information is as follows:

	Successor		Predecessor
	June 3, 2019 through December 31, 2019		January 1, 2019 through June 2, 2019		Twelve Months Ended December 31, 2018		Twelve Months Ended December 31, 2017
Supplemental Cash Flow Information:
Interest Paid	$	15.8	$	12.5	$	29.0	$	26.8
Taxes Paid	$	4.3	$	4.0	$	7.6	$	8.3
Non-Cash Investing Activities:
Capital Leases	$	—	$	—	$	0.2	$	—