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Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Measurements, Recurring and Nonrecurring

The following table provides the carrying amounts, estimated fair values and the respective fair value measurements of our financial instruments as of March 31, 2022 and December 31, 2021:


			Fair Value Measurements
	Carrying Amount		Level 1		Level 2		Level 3
March 31, 2022
Money market fund	$	55.0	$	55.0	$	-	$	-
Current and long-term debt		403.9		-		403.9		-
Interest rate swap agreements		1.6		-		1.6		-
Cross-currency swap agreement	$	0.9	$	-	$	0.9	$	-

December 31, 2021
Money market fund	$	70.0	$	70.0	$	-	$	-
Current and long-term debt		406.5		-		406.5		-
Interest rate swap agreements		6.2		-		6.2		-
Cross-currency swap agreement	$	2.3	$	-	$	2.3	$	-

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details