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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of financial assets and liabilities at carrying and fair value
A summary of 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
June 30, 2023
Liabilities:
Cross-currency swap derivative contracts$— $1.7 $— $1.7 
Deferred compensation plans$— $19.4 $— $19.4 
Contingent consideration$— $— $6.0 $6.0 
December 31, 2022:
Liabilities:
Deferred compensation plans$— $15.8 $— $15.8 
Contingent consideration$— $— $6.0 $6.0 
The carrying amounts and fair values of the Company’s financial instruments were as follows ($ in millions):
June 30, 2023December 31, 2022
 Carrying AmountFair ValueCarrying AmountFair Value
Liabilities:
Contingent consideration$6.0 $6.0 $6.0 $6.0 
Cross-currency swap derivative contracts$1.7 $1.7 $— $— 
Convertible senior notes due 2025$511.5 $868.4 $510.0 $873.0 
Long-term debt$875.6 $875.6 $870.7 $870.7