Guarantee Arrangements (Tables)

9 Months Ended

Sep. 30, 2022

Non-Contingent Portion

Schedule of Provision for Losses on Customer Guarantees

Changes in the non-contingent portion of the Company’s guarantee liabilities were as follows (in millions):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Balance at beginning of period	$	12.1		$	13.8		$	12.1		$	14.7
Provision for new credit guarantees		0.4			0.9			2.4			2.0
Changes for pre-existing guarantees, net		(0.1	)		(0.1	)		(1.2	)		(0.7	)
Amortization of previous guarantees		(0.2	)		(0.5	)		(1.0	)		(1.8	)
Foreign currency translation		(0.2	)		—			(0.3	)		(0.1	)
Balance at end of period	$	12.0		$	14.1		$	12.0		$	14.1

Contingent Portion

Schedule of Provision for Losses on Customer Guarantees

Changes in the contingent portion of the Company’s guarantee liabilities were as follows (in millions):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Balance at beginning of period	$	6.7		$	6.8		$	4.0		$	6.9
Provision for new credit guarantees		0.2			0.9			1.3			1.6
Changes in allowance for pre-existing guarantees, net		(0.2	)		(0.4	)		1.6			(1.2	)
Foreign currency translation		(0.2	)		—			(0.4	)		—
Balance at end of period	$	6.5		$	7.3		$	6.5		$	7.3