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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Liabilities Measured on Recurring Basis Financial assets and liabilities that are measured at fair value on a recurring basis were as follows ($ in millions):
Quoted Prices
in Active
Market
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
December 31, 2021
Deferred compensation liabilities— 36.0 — 36.0 
December 31, 2020
Investment in Vontier$1,119.2 $— $— $1,119.2 
Deferred compensation liabilities$— $34.8 $— $34.8 
Schedule of Carrying Values and Fair Values of Financial Instruments The carrying amounts and fair values of financial instruments as of December 31 were as follows ($ in millions):
20212020
Carrying AmountFair
Value
Carrying AmountFair
Value
Current portion of long-term debt$2,151.7 $2,158.3 $1,399.8 $1,400.0 
Long-term debt, net of current maturities1,807.3 1,978.9 2,830.3 3,155.5