Other Expense (Income) (Tables)

6 Months Ended

Jun. 30, 2023

Other Income and Expenses [Abstract]

Schedule of Other Expense (Income)

Other expense (income) consists of:

	Three Months Ended June 30,				Six Months Ended June 30,
($ in millions)	2023		2022		2023		2022
Loss on disposal of plant	$	2.2	$	—	$	11.6	$	—
Asset impairments	1.5		0.2		3.4		0.2
Restructuring and related charges	(0.8)		(1.6)		(0.8)		(1.6)
Loss (gain) on oil hedges	0.4		(0.3)		1.0		(3.1)
Contingent consideration	0.5		0.3		0.8		1.1
Foreign exchange transaction losses (gains)	0.3		(1.3)		1.2		(2.4)
Other items	(0.1)		(0.1)		(0.3)		(0.1)
Total other expense (income)	$	4.0	$	(2.8)	$	16.9	$	(5.9)

Schedule of Restructuring Reserve

The following table presents activity related to our restructuring obligations related to our 2022 restructuring plan:

($ in millions)	Severance and benefits		Asset-related charges		Total
Balance, December 31, 2022	$	10.1	$	15.3	$	25.4
(Credits) Charges	(0.8)		—		(0.8)
Cash payments	(2.6)		—		(2.6)
Non-cash asset write downs	—		(15.3)		(15.3)
Balance, June 30, 2023	$	6.7	$	—	$	6.7