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Trade and Other Receivables
 9 Months Ended
Sep. 30, 2024
Receivables [Abstract]  
Trade and Other Receivables
12. Trade and Other Receivables
September 30,
2024		December 31,
2023
Advanced charges receivable$325.3 $374.7 
Trade accounts receivable361.5 315.8 
Consumption taxes receivable18.0 21.1 
Loans receivable34.9 21.8 
Other receivables5.0 4.5 
Trade and other receivables, gross744.7 737.9 
Less: allowance for credit losses(8.4)(6.4)
Trade and other receivables, net$736.3 $731.5 
The Company generally has possession of assets or asset titles collateralizing a significant portion of trade receivables.
The following table presents the activity in the allowance for expected credit losses for the nine months ended September 30, 2024:
Balance at December 31, 2023$6.4 
Current period provision5.4 
Write-offs charged against the allowance(3.4)
Balance at September 30, 2024$8.4 
Loans Receivable
September 30,
2024		December 31,
2023
Loans receivable
Current portion - Trade and other receivables$34.9 $21.8 
Non-current portion - Other non-current assets18.4 15.9 
Total loans receivable$53.3 $37.7 
The Company participates in certain lending arrangements that are fully collateralized and secured by certain equipment, and in some arrangements, also secured by other assets. These arrangements typically have terms of one to five years. In an event of default under these agreements, the Company will take possession of the equipment as collateral or will be entitled to the proceeds of disposition of collateral to recover its loans receivable balance. The allowance for credit losses is not significant.