XML 71 R56.htm IDEA: XBRL DOCUMENT
v3.22.4

Fair Value Measurement (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Fair Value Disclosures [Abstract] |
Schedule of Fair Values of Financial Assets and Liabilities | The fair values of the Company’s financial assets and liabilities were as follows (in millions):
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
SERP plan assets (a) |  | $ | 13.8 |  |  | $ | — |  |  | $ | — |  |  | $ | 13.8 |
Investment in equity securities (b) |  |  | 3.8 |  |  |  | — |  |  |  | — |  |  |  | 3.8 |
Foreign currency exchange derivatives (c) |  |  | — |  |  |  | 12.7 |  |  |  | — |  |  |  | 12.7 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency exchange derivatives (c) |  | $ | — |  |  | $ | 1.6 |  |  | $ | — |  |  | $ | 1.6 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
SERP plan assets (a) |  | $ | 21.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 21.3 |
Investment in equity securities (b) |  |  | 14.2 |  |  |  | — |  |  |  | — |  |  |  | 14.2 |
Foreign currency exchange derivatives (c) |  |  | — |  |  |  | 3.6 |  |  |  | — |  |  |  | 3.6 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency exchange derivatives (c) |  | $ | — |  |  | $ | 0.9 |  |  | $ | — |  |  | $ | 0.9 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
September 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
SERP plan assets (a) |  | $ | 21.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 21.3 |
Investment in equity securities (b) |  |  | 20.6 |  |  |  | — |  |  |  | — |  |  |  | 20.6 |
Foreign currency exchange derivatives (c) |  |  | — |  |  |  | 2.6 |  |  |  | — |  |  |  | 2.6 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency exchange derivatives (c) |  | $ | — |  |  | $ | 1.7 |  |  | $ | — |  |  | $ | 1.7 |
(a) Represents investments held in a rabbi trust for the Company’s non-qualified supplemental executive retirement plan (SERP). The fair values of these investments are determined using a market approach. Investments include mutual funds for which quoted prices in active markets are available. The Company records changes in the fair value of investments in “Miscellaneous, net” in the Consolidated Statements of Income. (b) Represents investments in equity securities for which quoted prices in active markets are available. The Company records changes in the fair value of investments in “Miscellaneous, net” in the Consolidated Statements of Income. (c) Based on observable market transactions of forward currency prices.

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration