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Commercial Commitments (Tables)
3 Months Ended
Mar. 31, 2022
Guarantees [Abstract]  
Commercial Commitments
The following table shows our commercial commitments (in millions):
March 31
2022
December 31
2021
Standby letters of credit and performance bonds$9.0 $9.0 
Derivative guarantees— 0.5 
Total commercial commitments (1)$9.0 $9.5 
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(1) There were no liabilities recorded on the balance sheet for commercial commitments at March 31, 2022 and December 31, 2021. As of March 31, 2022, our outstanding commitments expire in 2022 through 2023. We are not aware of any event that would require us to satisfy any of our commitments.