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Other Expense (Income) (Tables)
9 Months Ended
Sep. 30, 2023
Other Income and Expenses [Abstract]  
Schedule of Other Expense (Income)
Other expense (income) consists of:
Three Months Ended
September 30,
Nine Months Ended
September 30,
($ in millions)2023202220232022
Loss on disposal of plant$— $— $11.6 $— 
Asset impairments3.5 1.4 6.9 1.6 
Restructuring and related charges— — (0.8)(1.6)
(Gain) loss on oil hedges(0.5)1.5 0.5 (1.6)
Contingent consideration0.7 1.5 1.5 2.6 
Foreign exchange transaction losses (gains)1.8 (2.2)3.0 (4.6)
Other items0.1 (0.3)(0.2)(0.4)
Total other expense (income)$5.6 $1.9 $22.5 $(4.0)
Schedule of Restructuring Reserve The following table presents activity related to our restructuring obligations related to our 2022 restructuring plan:
($ in millions)Severance
and benefits
Other chargesTotal
Balance, December 31, 2022$10.1 $15.3 $25.4 
(Credits) Charges(0.8)— (0.8)
Cash payments(3.7)— (3.7)
Non-cash asset write downs— (15.3)(15.3)
Balance, September 30, 2023$5.6 $— $5.6