Derivatives (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amounts related to cash flow hedges

We recorded the following amounts in AOCL related to our cash flow hedges (in millions):

	As of September 30, 2022		As of December 31, 2021
Unrealized losses (gains), net on unsettled contracts	$	18.7	$	(13.4)
Income tax (benefit) expense	(4.5)		2.7
Unrealized losses (gains), net included in AOCL, net of tax (1)	$	14.2	$	(10.7)

(1) Assuming commodity prices and foreign currency exchange rates remain constant, we expect to reclassify $13.6 million of derivative losses as of September 30, 2022 into earnings within the next 12 months.