Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of open foreign currency contracts

December 31, 2022 and 2021, the Company had the following open foreign currency contracts (in millions):

	December 31, 2022				December 31, 2021
Foreign Currency	Notional Amounts (in U.S. dollars)		Net Unrealized Gain (Loss)		Notional Amounts (in U.S. dollars)		Net Unrealized Gain (Loss)
Australian Dollar	$	13.7	$	0.2	$	20.3	$	0.4
Canadian Dollar	93.3		2.5		121.1		0.6
Mexican Peso	47.0		5.7		87.9		1.1
Total	$	154.0	$	8.4	$	229.3	$	2.1

Schedule of carrying values of derivative instruments

The table below summarizes the carrying values of derivative instruments as of December 31, 2022 and 2021 (in millions):

	Carrying Values of Derivative Instruments as of December 31, 2022
	Fair Value— Assets		Fair Value— (Liabilities)		Derivative Net Carrying Value
Derivatives designated as hedging instruments
Foreign exchange contracts	$	8.4	$	—	$	8.4
Interest rate contracts	5.9		—		5.9
Total derivatives designated as hedging instruments	$	14.3	$	—	$	14.3

	Carrying Values of Derivative Instruments as of December 31, 2021
	Fair Value— Assets		Fair Value— (Liabilities)		Derivative Net Carrying Value
Derivatives designated as hedging instruments
Foreign exchange contracts	$	2.4	$	(0.3)	$	2.1
Interest rate contracts	—		(7.8)		(7.8)
Total derivatives designated as hedging instruments	$	2.4	$	(8.1)	$	(5.7)