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Trade and Other Receivables
 12 Months Ended
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 receivable301.7 315.8 
Loans receivable35.4 21.8 
Consumption taxes receivable25.6 21.1 
Other receivables6.6 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 
Provision5.1 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.