XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.25.4

Accounts Receivable, Net | 12 Months Ended
--- | ---
Dec. 31, 2025
Receivables [Abstract] |
Accounts Receivable, Net | Note 3—Accounts Receivable, net Accounts receivable are as follows (in millions):
|  | December 31, |
|  | 2025 |  |  | 2024 |
Accounts receivable |  | $ | 700.8 |  |  | $ | 676.8 |
Unbilled accounts receivable |  |  | 312.8 |  |  |  | 256.8 |
Allowance for credit losses |  |  | (34.9 | ) |  |  | (31.6 | )
Total accounts receivable, net |  | $ | 978.7 |  |  | $ | 902.0 |
The following table represents the activity for the allowance for credit losses (in millions):
|  | Year Ended December 31, |
|  | 2025 |  |  | 2024 |  |  | 2023 |
Balance at beginning of period |  | $ | 31.6 |  |  | $ | 25.1 |  |  | $ | 21.7 |
Charge to costs and expenses |  |  | 18.6 |  |  |  | 15.4 |  |  |  | 11.4 |
Write-offs, net of recoveries |  |  | (14.8 | ) |  |  | (8.7 | ) |  |  | (9.2 | )
Foreign currency impact |  |  | (0.5 | ) |  |  | (0.2 | ) |  |  | 1.2 |
Balance at end of period |  | $ | 34.9 |  |  | $ | 31.6 |  |  | $ | 25.1 |
Management establishes the allowance for credit losses accounts based on historical bad debt experience. In addition, management analyzes client accounts, client concentrations, client creditworthiness, current economic trends and changes in client payment terms when evaluating the adequacy of the allowance for credit losses.

X
- Definition The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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