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Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of financial assets and liabilities measured at fair value on a recurring basis | The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis:
(dollars in millions) | Balance sheet location |  | Classification |  | March 31, 2021 |  | December 31, 2020
Asset Category |  |  |  |  |  |  |
Foreign exchange contracts not designated as hedging instruments | Other current assets |  | Level 2 |  | $ | 1.2 |  |  | $ | 0.2 |
Metals contracts not designated as hedging instruments | Other current assets |  | Level 2 |  | 1.4 |  |  | 0.4 |
Cross currency swaps designated as net investment hedge | Other current assets |  | Level 2 |  | 17.4 |  |  | 16.3 |
Total |  |  |  |  | $ | 20.0 |  |  | $ | 16.9 |
Liability Category |  |  |  |  |  |  |
Foreign exchange contracts not designated as hedging instruments | Accrued expenses and other current liabilities |  | Level 2 |  | $ | 0.4 |  |  | $ | 0.7 |
Metals contracts not designated as hedging instruments | Accrued expenses and other current liabilities |  | Level 2 |  | 2.4 |  |  | 1.6 |
Interest rate swaps designated as cash flow hedging instruments | Accrued expenses and other current liabilities |  | Level 2 |  | 17.4 |  |  | 17.6 |
Interest rate swaps designated as cash flow hedging instruments | Other liabilities |  | Level 2 |  | 24.4 |  |  | 33.5 |
Cross currency swaps designated as net investment hedge | Other liabilities |  | Level 2 |  | 16.3 |  |  | 43.3 |
Total |  |  |  |  | $ | 60.9 |  |  | $ | 96.7 |

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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