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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
As indicated in the tables below, the Company has determined that all of its financial assets and liabilities as of September 30, 2022 and December 31, 2021 are Level 1 and Level 2 in the fair value hierarchy as defined above:

September 30, 2022
(in millions)Level 1Level 2Total
Financial assets:
Trading equity securities:
Deferred compensation programs' mutual funds$4.0 $— $4.0 
Preferred stocks0.3 — 0.3 
Equity funds0.6 — 0.6 
Trading debt securities:
Corporate bonds6.1 — 6.1 
Municipal bonds— 0.1 0.1 
Floating rate notes0.4 — 0.4 
U.S. government securities0.8 — 0.8 
Asset-backed securities— 5.6 5.6 
Other1.3 0.7 2.0 
Derivative financial instruments— 0.5 0.5 
Total financial assets$13.5 $6.9 $20.4 
Financial liabilities:
Deferred compensation programs' liabilities$— $5.0 $5.0 
Total financial liabilities$— $5.0 $5.0 
December 31, 2021
(in millions)Level 1Level 2Total
Financial assets:
Trading equity securities:
Deferred compensation programs' mutual funds$4.9 $— $4.9 
Preferred stocks0.3 — 0.3 
Equity funds3.0 — 3.0 
Trading debt securities:
Corporate bonds3.3 — 3.3 
Municipal bonds— 0.2 0.2 
Floating rate notes0.4 — 0.4 
U.S. government securities1.1 — 1.1 
Asset-backed securities— 3.5 3.5 
Other3.1 1.0 4.1 
Derivative financial instruments— 0.1 0.1 
Total financial assets$16.1 $4.8 $20.9 
Financial liabilities:
Deferred compensation programs' liabilities$— $7.2 $7.2 
Total financial liabilities$— $7.2 $7.2