Fair Value Measurements (Tables)

9 Months Ended

Sep. 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 at		Basis of Fair Value Measurements
($ in millions)	September 30, 2021		Level 1		Level 2		Level 3
Assets:
Deferred compensation assets	$	14.4	$	14.4	$	—	$	—
Foreign currency contracts	12.0		—		12.0		—
Cross-currency swap	2.2		—		2.2		—
Commodity call options	1.8		—		1.8		—
	$	30.4	$	14.4	$	16.0	$	—
Liabilities:
Contingent consideration	$	3.5	$	—	$	—	$	3.5
Deferred compensation liabilities	15.7		15.7		—		—
Foreign currency contracts	2.8		—		2.8		—
	$	22.0	$	15.7	$	2.8	$	3.5

	Balance at		Basis of Fair Value Measurements
($ in millions)	December 31, 2020		Level 1		Level 2		Level 3
Assets:
Deferred compensation assets	$	12.8	$	12.8	$	—	$	—
Foreign currency contracts	3.0		—		3.0		—
Commodity call options	0.3				0.3
	$	16.1	$	12.8	$	3.3	$	—
Liabilities:
Contingent consideration	$	3.6	$	—	$	—	$	3.6
Deferred compensation liabilities	14.5		14.5		—		—
Cross-currency swap	5.6		—		5.6		—
Foreign currency contracts	9.7		—		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 earnings	1.2
Payments	(0.9)
Balance, December 31, 2020	3.6
Increase in fair value recorded in earnings	0.9
Payments	(1.0)
Balance, September 30, 2021	$	3.5