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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Allocation of Share-based Compensation Costs by Plan
The following table summarizes our stock-based compensation expense recorded within selling, general and administrative expenses for the years ended December 31:
($ in millions)202320222021
Stock option and appreciation rights$11.3 $5.6 $12.5 
Performance share units, stock-settled5.5 15.6 17.6 
Performance share units, cash-settled0.3 (0.1)1.0 
Performance share units, dividend equivalents0.1 0.1 0.2 
Employee stock purchase plan1.3 1.3 1.4 
Deferred compensation plans and restricted share awards4.8 1.2 4.8 
Total stock-based compensation expense$23.3 $23.7 $37.5 
Schedule of Stock Options Activity
The following table summarizes changes in outstanding options:
(in millions, except per share data)2023
Options outstanding, January 11.9 
Granted0.1 
Exercised(0.6)
Forfeited0.0 
Options outstanding, December 311.4 
Options vested and expected to vest, December 311.4 
Options vested and exercisable, December 311.1 

Weighted Average Exercise Price2023
Options outstanding, January 1$118.72 
Granted306.97 
Exercised80.18 
Forfeited289.70 
Options outstanding, December 31$145.40 
Options vested and expected to vest, December 31$143.46 
Options vested and exercisable, December 31$105.08 
Schedule of Stock Appreciation Rights Award Activity
The following table summarizes changes in outstanding SARs:
2023
SARs outstanding, January 120,402 
Granted228 
Exercised(4,646)
Forfeited(577)
SARs outstanding, December 3115,407 
SARs vested and expected to vest, December 3115,407 
SARs vested and exercisable, December 3114,355 

Weighted Average Exercise Price2023
SARs outstanding, January 1$97.28 
Granted306.68 
Exercised67.89 
Forfeited287.26 
SARs outstanding, December 31$102.12 
SARs vested and expected to vest, December 31$102.12 
SARs vested and exercisable, December 31$89.44 
Schedule of Nonvested Performance-based Share Activity
The following table summarizes changes in our outstanding stock-settled PSU awards:
2023
Non-vested stock-settled PSU awards, January 1112,553 
Granted at target level37,736 
Adjustments above/(below) target47,154 
Vested and converted(93,902)
Forfeited(5,100)
Non-vested stock-settled PSU awards, December 3198,441 
Weighted Average Fair Value2023
Non-vested stock-settled PSU awards, January 1$278.38 
Granted at target level306.97 
Adjustments above/(below) target181.31 
Vested and converted306.68 
Forfeited317.85 
Non-vested stock-settled PSU awards, December 31$334.03 
Schedule of Nonvested Performance-based Units Activity
The following table summarizes changes in our outstanding cash-settled PSU awards:
2023
Non-vested cash-settled PSU awards, January 1890 
Granted at target level82 
Adjustments above/(below) target591 
Vested and converted(1,181)
Forfeited(178)
Non-vested cash-settled PSU awards, December 31204 

Weighted Average Fair Value2023
Non-vested cash-settled PSU awards, January 1$242.29 
Granted at target level306.68 
Adjustments above/(below) target191.43 
Vested and converted306.68 
Forfeited310.52 
Non-vested cash-settled PSU awards, December 31$355.74