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Basis of Presentation and Recently Issued Accounting Pronouncements (Policies)
9 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Recently Issued Accounting Pronouncements Adopted
Recently Issued Accounting Pronouncements Adopted
StandardDescriptionDate of adoptionEffect on the financial statements or other significant matters
ASU No. 2021-01, Reference Rate Reform (Topic 848): ScopeASU 2021-01 is intended to clarify that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivatives that are affected by the discounting transition.

Topic 848 contains practical expedients for reference rate reform related activities that impact debt, leases, derivatives and other contracts. Application of these expedients, which may be elected over time as reference rate reform activities occur, preserves the presentation of derivatives consistent with past presentation.
January 2021The Company's adoption of ASU No. 2021-01 did not result in any incremental elections under Topic 848 regarding cash flow hedges.

The Company continues to evaluate the guidance of Topic 848. The Company expects that application of Topic 848 will not change its presentation of derivatives as cash flow hedges.
Other recently issued accounting standards or pronouncements not disclosed in the foregoing table have been excluded because they are either not relevant to the Company, or are not expected to have, or did not have, a material effect on the condensed consolidated financial statements of the Company.