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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2021
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 atBasis of Fair Value Measurements
($ in millions)June 30,
2021
Level 1Level 2Level 3
Assets:    
Deferred compensation assets$14.6 $14.6 $— $— 
Foreign currency contracts7.0 — 7.0 — 
Cross-currency swap1.4 — 1.4 — 
Commodity call options1.7 — 1.7 — 
 $24.7 $14.6 $10.1 $— 
Liabilities:    
Contingent consideration$3.6 $— $— $3.6 
Deferred compensation liabilities15.5 15.5 — — 
Foreign currency contracts3.6 — 3.6 — 
 $22.7 $15.5 $3.6 $3.6 
 Balance atBasis of Fair Value Measurements
($ in millions)December 31,
2020
Level 1Level 2Level 3
Assets:    
Deferred compensation assets$12.8 $12.8 $— $— 
Foreign currency contracts3.0 — 3.0 — 
Commodity call options0.3 0.3 
 $16.1 $12.8 $3.3 $— 
Liabilities:    
Contingent consideration$3.6 $— $— $3.6 
Deferred compensation liabilities14.5 14.5 — — 
Cross-currency swap5.6 — 5.6 — 
Foreign currency contracts9.7 — 9.7 — 
 $33.4 $14.5 $15.3 $3.6 
Schedule of Changes in Level 3 Fair Value Measurements The following table provides a summary of changes in our Level 3 fair value measurements:
($ in millions)
Balance, December 31, 2019$3.3 
Increase in fair value recorded in earnings1.2 
Payments(0.9)
Balance, December 31, 20203.6 
Increase in fair value recorded in earnings0.8 
Payments(0.8)
Balance, June 30, 2021$3.6