Fair Value of Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Recorded at Fair Market Value

Assets and liabilities subject to fair value measurement by fair value level and recorded at fair value are as follows:

	Classification on consolidated balance sheets	December 31, 2022						December 31, 2021
		Fair Value		Level 1		Level 2		Fair Value		Level 1		Level 2
Assets
Certificates of deposit	Short-term investments	$	24.6	$	24.6	$	—	$	34.3	$	34.3	$	—
Assets held in rabbi trusts	Securities and other investments	4.4		4.4		—		7.0		7.0		—
Foreign exchange forward contracts	Other current assets	—		—		—		0.1		—		0.1
Total		$	29.0	$	29.0	$	—	$	41.4	$	41.3	$	0.1
Liabilities
Foreign exchange forward contracts	Other current liabilities	$	—	$	—	$	—	$	0.1	$	—	$	0.1
Interest rate swaps - short term	Other current liabilities	—		—		—		2.8		—		2.8
Interest rate swaps - long term	Other liabilities	—		—		—		—		—
Deferred compensation	Other liabilities	4.4		4.4		—		7.0		7.0		—
Total		$	4.4	$	4.4	$	—	$	9.9	$	7.0	$	2.9

Fair value and carrying value of the Company's debt instruments

The carrying amount of the Company's revolving credit facility approximates fair value. The remaining debt had a carrying value of $2,557.6 and fair value of $1,819.7 at December 31, 2022, and a carrying value of $2,267.0 and fair value of $1,584.1 at December 31, 2021.