Annual report pursuant to Section 13 and 15(d)

Financial Instruments (Tables)

v3.20.1
Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Summary of Estimated Fair Values of Financial Instruments
The fair value of cash, accounts and notes receivable and accounts payable and accrued expenses approximate their carrying amounts due to the short-term maturities of these assets and liabilities.

 
Fair Value at December 31, 2019
 
Carrying amount
 
Level 1
 
Level 2
 
Level 3
 
Total
Financial assets
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
$

 
$

 
$

 
$

 
$

Total financial assets
$

 
$

 
$

 
$

 
$

Financial liabilities
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
$
(0.7
)
 
$
(0.7
)
 
$

 
$

 
$
(0.7
)
Total revolver
(42.2
)
 

 
(42.2
)
 

 
(42.2
)
Total financial liabilities
$
(42.9
)
 
$
(0.7
)
 
$
(42.2
)
 
$

 
$
(42.9
)

 
Fair Value at December 31, 2018
 
Carrying amount
 
Level 1
 
Level 2
 
Level 3
 
Total
Financial assets
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
$
1.1

 
$
1.1

 
$

 
$

 
$
1.1

Total financial assets
$
1.1

 
$
1.1

 
$

 
$

 
$
1.1

Financial liabilities
 
 
 
 
 
 
 
 
 
Total revolver
$
(99.3
)
 
$

 
$
(99.3
)
 
$

 
$
(99.3
)
Total financial liabilities
$
(99.3
)
 
$

 
$
(99.3
)
 
$

 
$
(99.3
)