Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value

The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis.

	December 31, 2021
	Level 1		Level 2		Level 3		Total
Financial Assets
Foreign currency forwards(1)	$	—	$	—	$	—	$	—
Trading securities held in deferred compensation plan(2)	12.0		—		—		12.0
Total	$	12.0	$	—	$	—	$	12.0
Financial Liabilities
Foreign currency forwards(1)	$	—	$	0.2	$	—	$	0.2
Deferred compensation plan(2)	22.4		—		—		22.4
Total	$	22.4	$	0.2	$	—	$	22.6

	December 31, 2020
	Level 1		Level 2		Level 3		Total
Financial Assets
Foreign currency forwards(1)	$	—	$	2.9	$	—	$	2.9
Trading securities held in deferred compensation plan(2)	9.1		—		—		9.1
Total	$	9.1	$	2.9	$	—	$	12.0
Financial Liabilities
Foreign currency forwards(1)	$	—	$	0.7	$	—	$	0.7
Deferred compensation plan(2)	25.7		—		—		25.7
Total	$	25.7	$	0.7	$	—	$	26.4

(1)Based on calculations that use readily observable market parameters as their basis, such as spot and forward rates.

(2)Based on the quoted price of publicly traded mutual funds which are classified as trading securities and accounted for using the mark-to-market method.