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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value
The following tables present the assets and liabilities recorded at fair value on a recurring basis:
 
Balance at
 
Basis of Fair Value Measurements
($ in millions)
March 31,
2019
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
Deferred compensation assets
$
9.2

 
$
9.2

 
$

 
$

Foreign currency contracts
17.7

 

 
17.7

 

Commodity call options
0.2

 

 
0.2

 

 
$
27.1

 
$
9.2

 
$
17.9

 
$

Liabilities:
 

 
 

 
 

 
 

Contingent consideration
$
1.7

 
$

 
$

 
$
1.7

Deferred compensation liabilities
10.5

 
10.5

 

 

Foreign currency contracts
0.8

 

 
0.8

 

 
$
13.0

 
$
10.5

 
$
0.8

 
$
1.7


 
Balance at
 
Basis of Fair Value Measurements
($ in millions)
December 31,
2018
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
Deferred compensation assets
$
8.7

 
$
8.7

 
$

 
$

Foreign currency contracts
6.5

 

 
6.5

 

 
$
15.2

 
$
8.7

 
$
6.5

 
$

Liabilities:
 

 
 

 
 

 
 

Contingent consideration
$
1.7

 
$

 
$

 
$
1.7

Deferred compensation liabilities
9.8

 
9.8

 

 

Foreign currency contracts
0.2

 

 
0.2

 

 
$
11.7

 
$
9.8

 
$
0.2

 
$
1.7

Summary of Changes in Level 3 Fair Value Measurements
The following table provides a summary of changes in our Level 3 fair value measurements:
 
($ in millions)
Balance, December 31, 2017
$
4.9

Decrease in fair value recorded in earnings
(2.6
)
Payments
(0.6
)
Balance, December 31, 2018
1.7

Increase in fair value recorded in earnings
0.2

Payments
(0.2
)
Balance, March 31, 2019
$
1.7