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Trade and Other Receivables | 12 Months Ended
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Dec. 31, 2024
Receivables [Abstract] |
Trade and Other Receivables | 13. Trade and Other Receivables
|  | December 31, 2024 |  | December 31, 2023
Advanced charges receivable |  | $ | 347.3 |  |  | $ | 374.7 |
Trade accounts receivable |  | 301.7 |  |  | 315.8 |
Loans receivable |  | 35.4 |  |  | 21.8 |
Consumption taxes receivable |  | 25.6 |  |  | 21.1 |
Other receivables |  | 6.6 |  |  | 4.5 |
|  | 716.6 |  |  | 737.9 |
Less: allowance for credit losses |  | (7.2) |  |  | (6.4) |
|  | $ | 709.4 |  |  | $ | 731.5 |
The Company generally has possession of assets or asset titles collateralizing a significant portion of trade receivables. Trade receivables are due for settlement within seven days of the date of sale, after which they are interest bearing. Consumption taxes receivable are deemed fully recoverable unless disputed by the relevant tax authority. Other receivables are unsecured and non-interest bearing. The following table presents the activity in the allowance for credit losses on trade receivables and loans receivables for the period ended December 31, 2024:
|  | December 31, 2024 |  | December 31, 2023
Allowance for credit losses, beginning of year |  | $ | 6.4 |  |  | $ | 3.3 |
Provision |  | 5.1 |  |  | 5.9 |
Write-offs charged against the allowance |  | (4.3) |  |  | (2.8) |
Allowance for credit losses, end of year |  | $ | 7.2 |  |  | $ | 6.4 |
Loans Receivable 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 be entitled to the proceeds of disposition of the collateral to recover its loans receivable balance. The allowance for credit losses is not significant.

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- 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
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