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Other Expense (Income) (Tables)
12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
Schedule of Other Expense (Income)
Other expense (income) consisted of:
($ in millions)202320222021
Restructuring and related charges:
Severance and benefits$(2.8)$8.7 $0.6 
Asset-related charges— 15.3 — 
Other charges— (0.2)1.6 
Total restructuring and related charges$(2.8)$23.8 $2.2 
Loss on disposal of plant11.6 — — 
Asset impairments9.6 6.2 5.6 
Foreign exchange transaction losses (gains)9.4 (4.1)(1.4)
Contingent consideration2.3 3.0 1.5 
Loss (gain) on oil hedges1.3 (1.5)(1.7)
Other items— (0.6)1.7 
Total other expense (income) $31.4 $26.8 $7.9 
Schedule of Restructuring Obligations The following table presents activity related to our restructuring obligations related to our 2022 restructuring plan:
($ in millions)Severance and benefitsOther chargesTotal
Balance, December 31, 2022$10.1 $15.3 $25.4 
(Credits) charges(2.6)— (2.6)
Cash payments(4.5)— (4.5)
Non-cash asset write downs— (15.3)(15.3)
Balance, December 31, 2023$3.0 $— $3.0