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Commercial Commitments (Tables)
6 Months Ended
Jun. 30, 2020
Guarantees [Abstract]  
Commercial Commitments
The following table shows our commercial commitments (in millions):
 
June 30
2020
 
December 31
2019
Standby letters of credit and performance bonds
$
9.1

 
$
9.3

Derivative guarantees
1.4

 

Total commercial commitments (1)
$
10.5

 
$
9.3

_______
(1) There were no liabilities recorded on the balance sheet for commercial commitments at June 30, 2020 and December 31, 2019. As of June 30, 2020, our outstanding commitments expire in 2020 through 2022. We are not aware of any event that would require us to satisfy any of our commitments.