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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value of Financial Instruments [Abstract]  
Fair Value of Financial Assets and Liabilities on a Recurring Basis

The following table sets forth by level within the fair value hierarchy the Company’s financial assets and liabilities accounted for at fair value on a recurring basis at the end of each of the past two years.  Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.  The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment and may affect the valuation of fair value assets and liabilities and their placement within the fair value hierarchy levels.

(millions of dollars)
   
Fair Value Measurements Using
 
 
Asset /
(Liability)
Balance at
 
Quoted Prices in
Active Markets for
Identical Assets
 
Significant
Other Observable
Inputs
 
Significant
Unobservable
Inputs
 
Description
December 31, 2024
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Deferred compensation plan assets
 
$
13.6
   
$
   
$
13.6
   
$
 
                                 
Supplementary pension plan assets
   
19.4
     
     
19.4
     
 
                                 
Interest rate swap
   
0.3
     
     
0.3
     
 

   
Fair Value Measurements Using
 
 
Asset /
(Liability)
Balance at
 
Quoted Prices in
Active Markets for
Identical Assets
 
Significant
Other Observable
Inputs
 
Significant
Unobservable
Inputs
 
Description
December 31, 2023
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Deferred compensation plan assets
 
$
13.7
   
$
   
$
13.7
   
$
 
                                 
Supplementary pension plan assets
   
15.5
     
     
15.5
     
 
                                 
Interest rate swap
   
(0.1
)
   
     
(0.1
)