Commercial Commitments (Tables)

12 Months Ended

Dec. 31, 2023

Guarantees [Abstract]

Commercial Commitments

The following table shows our commercial commitments as of December 31 (in millions):

	2023		2022
Standby letters of credit and performance bonds	$	8.7	$	9.0
Derivative guarantees	—		1.9
Total commercial commitments (1)	$	8.7	$	10.9

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(1) There were no liabilities recorded on the balance sheet for commercial commitments at December 31, 2023 and December 31, 2022. As of December 31, 2023, our outstanding commitments expire in 2024 through 2026. We are not aware of any event that would require us to satisfy any of our commitments.