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ACCOUNTS RECEIVABLE
 12 Months Ended
Dec. 31, 2025
Subclassifications of assets, liabilities and equities [abstract]  
ACCOUNTS RECEIVABLE ACCOUNTS RECEIVABLE
Aging analysis of external accounts receivable and amounts recognized as expected credit loss reserve
In millionsDecember 31, 2025December 31, 2024
Not due$737.0 $576.7 
1-30 days overdue52.3 69.7 
31-60 days overdue16.6 13.9 
61-90 days overdue4.7 5.0 
91-120 days overdue0.8 1.0 
More than 120 days overdue9.6 16.7 
Gross Accounts Receivable$821.0 $683.0 
Expected credit loss reserve(11.7)(16.1)
Net Accounts Receivable$809.3 $666.9 
Accounts receivable more than 120 days overdue is mainly related to the Company’s export business and specific payment plans have been agreed with the related distributors.
Bad debt write-offs were $10.7 million, $4.9 million, and $3.6 million for the years ended December 31, 2025, 2024, and 2023, respectively. The total impact on the consolidated statement of income loss and other comprehensive income and loss from bad debt write-offs and the change in the receivable reserve were $6.3 million, $1.9 million, and $2.4 million for the years ended December 31, 2025, 2024, and 2023, respectively.