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Trade and Other Receivables | 3 Months Ended
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Mar. 31, 2025
Receivables [Abstract] |
Trade and Other Receivables | Note 12. Trade and Other Receivables
|  | March 31, 2025 |  | December 31, 2024
Advanced charges receivable |  | $ | 326.4 |  |  | $ | 347.3 |
Trade accounts receivable |  | 385.8 |  |  | 301.7 |
Consumption taxes receivable |  | 10.3 |  |  | 25.6 |
Loans receivable |  | 42.3 |  |  | 35.4 |
Other receivables |  | 12.9 |  |  | 6.6 |
Trade and other receivables, gross |  | 777.7 |  |  | 716.6 |
Less: allowance for credit losses |  | (7.3) |  |  | (7.2) |
Trade and other receivables, net |  | $ | 770.4 |  |  | $ | 709.4 |
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. Allowance for Credit Losses The following table presents the activity in the allowance for expected credit losses:
|  | Three months ended March 31,
|  | 2025 |  | 2024
Allowance for credit losses, beginning of period |  | $ | 7.2 |  |  | $ | 6.4 |
Provision |  | 1.1 |  |  | 3.2 |
Write-offs charged against the allowance |  | (1.0) |  |  | (1.2) |
Allowance for credit losses, end of period |  | $ | 7.3 |  |  | $ | 8.4 |
Loans Receivable The following table presents the consolidated balance sheet presentation of the loans receivable:
|  | March 31, 2025 |  | December 31, 2024
Loans receivable |  |  |  |
Trade and other receivables |  | $ | 42.3 |  |  | $ | 35.4 |
Other non-current assets |  | 32.7 |  |  | 18.2 |
Total loans receivable |  | $ | 75.0 |  |  | $ | 53.6 |
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 related 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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