Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2022

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Balance Sheet Classification, Fair Value and Gross and Net Amounts of Derivative Financial Instruments

The following table presents the balance sheet classification, fair value and gross and net amounts of derivative financial instruments:

	March 31, 2022						December 31, 2021
Interest-rate contracts:	Assets			Liabilities			Assets			Liabilities
Other assets	$	.5					$	10.3
Accounts payable, accrued expenses and other				$	20.9					$	18.0
Gross amounts recognized in Balance Sheets		.5			20.9			10.3			18.0
Less amounts not offset in financial instruments		(.5	)		(.5	)		(6.9	)		(6.9	)
Pro forma net amount				$	20.4		$	3.4		$	11.1

Amounts Recorded on Balance Sheets Related to Cumulative Basis Adjustments for Fair Value Hedges

The following table presents the amounts recorded on the Balance Sheets related to cumulative basis adjustments for fair value hedges:

	March 31			December 31
	2022			2021
Medium-term notes:
Carrying amount of the hedged liabilities	$	298.3		$	310.8
Cumulative basis adjustment included in the carrying amount		(18.7	)		(6.2	)

Amount of Expense (Income) on Cash Flow and Fair Value Hedges Recognized in Interest and Other Borrowing Costs on Statements of Comprehensive Income and Retained Earnings

The following table presents the amount of expense (income) on cash flow and fair value hedges recognized in Interest and other borrowing costs on the Statements of Comprehensive Income and Retained Earnings:

	Three Months Ended
	March 31
		2022		2021
Loss (gain) on fair value hedges
Derivatives	$	12.4		$	2.0
Hedged items		(12.5	)		(1.8	)
Loss on cash flow hedges
Reclassified from AOCI into income		11.1			3.5
	$	11.0		$	3.7