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Condensed Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating activities    
Net income $ 0.5 $ 76.8
Amortization of inventory step-up 0 10.8
(Gain) loss on disposal of assets (2.3) 0.3
Release of tax valuation allowance (7.0) (130.4)
Depreciation 20.6 14.7
Amortization of debt issuance costs and bond discount 3.1 3.2
Amortization of intangibles 12.8 6.6
Stock-based compensation 7.4 4.1
Loss on debt extinguishment (9.4) (15.5)
Changes in balance sheet items:    
Accounts receivable 94.4 (78.7)
Inventories (64.8) (28.5)
Other assets (11.1) (8.7)
Accounts payable 47.7 4.4
Accrued expenses and other liabilities (34.4) (4.2)
Accrued income taxes (21.3) (60.7)
Equity in earnings of joint ventures, net of dividends received 2.2 8.5
Net cash provided (used) by operating activities 57.2 (166.3)
Investing activities    
Additions to property, plant and equipment (26.6) (10.3)
(Payments) proceeds related to the sale of discontinued operations (1.4) 2.2
Proceeds from the disposition of assets 3.9 2.2
Cost of acquisition, net of cash acquired 0 401.4
Net cash used by investing activities (24.1) (407.3)
Financing activities    
Proceeds from long-term borrowings 530.0 1,270.0
Repayments of long-term debt (569.1) (681.8)
Borrowings of short-term debt, net 58.1 0.6
Payments for debt issuance costs (3.9) (37.7)
Other (0.9) (0.3)
Net cash provided by financing activities 14.2 550.8
Effect of foreign exchange rate changes on cash (2.0) (3.9)
Net increase (decrease) in cash and cash equivalents 45.3 (26.7)
Cash and cash equivalents    
Beginning of period 50.0 121.2
End of period 95.3 94.5
Significant non-cash transactions    
Common stock issued in conjunction with the acquisition of Mead C&OP $ 0 $ 602.3