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Derivative Instruments
 6 Months Ended
Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments Derivative Instruments:
In October 2022, we entered into an interest rate swap agreement with a notional value of $200.0 million with a maturity of October 20, 2025. See Note 4, Long-Term Debt.
The activities of the cash flow hedge included in accumulated other comprehensive income for the three and six months ended June 30, 2023 are presented in the following table (in millions):
Three Months Ended June 30,Six Months Ended
June 30,
2023202220232022
Balance at beginning of period$(1.8)$— $(0.7)$— 
Unrealized gain recognized in other comprehensive income, net of tax3.0 — 1.9 — 
Reclassified to interest expense, net of tax(0.3)— (0.3)— 
Balance at end of period$0.9 $— $0.9 $— 
The fair value of derivative assets and liabilities within the consolidated balance sheets are presented in the following table (in millions):
June 30, 2023December 31, 2022
Prepaid and other current assets$1.8 $1.0 
Other long-term liabilities(0.6)(2.0)
Total$1.2 $(1.0)
Fair values for our interest rate swap agreement are determined using inputs, including quoted prices in nonactive markets, that are observable either directly or indirectly, or Level 2 inputs within the fair value hierarchy. See Note 1, Summary of Significant Accounting Policies—Fair Value Measurements, to the consolidated financial statements included in the Form 10-K.