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Commercial Commitments (Tables)
12 Months Ended
Dec. 31, 2022
Guarantees [Abstract]  
Commercial Commitments
The following table shows our commercial commitments as of December 31 (in millions):
20222021
Standby letters of credit and performance bonds$9.0 $9.0 
Derivative guarantees1.9 0.5 
Total commercial commitments (1)$10.9 $9.5 
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(1) There were no liabilities recorded on the balance sheet for commercial commitments at December 31, 2022 and December 31, 2021. As of December 31, 2022, our outstanding commitments expire in 2023 through 2026. We are not aware of any event that would require us to satisfy any of our commitments.