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Commercial Commitments (Tables)
6 Months Ended
Jun. 30, 2021
Guarantees [Abstract]  
Commercial Commitments
The following table shows our commercial commitments (in millions):
June 30
2021
December 31
2020
Standby letters of credit and performance bonds$9.0 $9.1 
Derivative guarantees1.0 1.5 
Total commercial commitments (1)$10.0 $10.6 
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(1) There were no liabilities recorded on the balance sheet for commercial commitments at June 30, 2021 and December 31, 2020. As of June 30, 2021, our outstanding commitments expire in 2021 through 2023. We are not aware of any event that would require us to satisfy any of our commitments.