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Commercial Commitments (Tables)
12 Months Ended
Dec. 31, 2021
Guarantees [Abstract]  
Commercial Commitments
The following table shows our commercial commitments as of December 31 (in millions):
20212020
Standby letters of credit and performance bonds$9.0 $9.1 
Derivative guarantees0.5 1.5 
Total commercial commitments (1)$9.5 $10.6 
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(1) There were no liabilities recorded on the balance sheet for commercial commitments at December 31, 2021 and December 31, 2020. As of December 31, 2021, our outstanding commitments expire in 2022 through 2023. We are not aware of any event that would require us to satisfy any of our commitments.