XML 57 R45.htm IDEA: XBRL DOCUMENT v3.20.2
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Table of financial instruments measured at fair value The following table summarizes the assets and liabilities measured at fair value in the condensed balance sheets:
 
Fair Value Measurements
Balance at June 30, 2020
Level 1
 
Level 2
 
Level 3
 
Total
Assets
($ in millions)
Commodity contracts
$

 
$
4.6

 
$

 
$
4.6

Foreign exchange contracts

 
2.4

 

 
2.4

Total assets
$

 
$
7.0

 
$

 
$
7.0

Liabilities
 
 
 
 
 
 
 
Commodity contracts
$

 
$
6.5

 
$

 
$
6.5

Foreign exchange contracts

 
1.2

 

 
1.2

Total liabilities
$

 
$
7.7

 
$

 
$
7.7

Balance at December 31, 2019
 
 
 
 
 
 
 
Assets
 
Commodity contracts
$

 
$
2.0

 
$

 
$
2.0

Foreign exchange contracts

 
0.6

 

 
0.6

Total assets
$

 
$
2.6

 
$

 
$
2.6

Liabilities
 
 
 
 
 
 
 
Commodity contracts
$

 
$
19.6

 
$

 
$
19.6

Foreign exchange contracts

 
1.2

 

 
1.2

Total liabilities
$

 
$
20.8

 
$

 
$
20.8

Balance at June 30, 2019
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
Interest rate swaps
$

 
$
1.7

 
$

 
$
1.7

Commodity contracts

 
0.7

 

 
0.7

Foreign exchange contracts

 
0.1

 

 
0.1

Total assets
$

 
$
2.5

 
$

 
$
2.5

Liabilities
 
 
 
 
 
 
 
Interest rate swaps
$

 
$
9.0

 
$

 
$
9.0

Commodity contracts

 
20.0

 

 
20.0

Foreign exchange contracts

 
0.7

 

 
0.7

Total liabilities
$

 
$
29.7

 
$

 
$
29.7


Fair value of debt table The following table summarizes the fair value measurements of debt and the actual debt recorded on our condensed balance sheets:
 
Fair Value Measurements
 
Amount recorded
on balance sheets
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
($ in millions)
Balance at June 30, 2020
$

 
$
3,901.7

 
$
153.0

 
$
4,054.7

 
$
4,075.7

Balance at December 31, 2019

 
3,417.5

 
153.0

 
3,570.5

 
3,340.8

Balance at June 30, 2019

 
3,262.6

 
153.0

 
3,415.6

 
3,233.7