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Allowance for Credit Losses and Doubtful Accounts
12 Months Ended
Dec. 31, 2023
Allowance for Credit Losses and Doubtful Accounts [Abstract]  
Allowance for Credit Losses and Doubtful Accounts Allowance for Credit Losses and Doubtful Accounts
The following is a summary of the changes in the allowance for credit losses related to finance receivables (in millions):
 Year Ended December 31,
 202320222021
Allowance for Credit Losses   
Balance at beginning of period$21.5 $23.0 $22.0 
Provision for credit losses50.6 9.8 3.5 
Recoveries8.9 9.0 12.6 
Less charge-offs(58.1)(20.1)(15.1)
Other0.1 (0.2)— 
Balance at end of period$23.0 $21.5 $23.0 
AFC's allowance for credit losses includes estimated losses for finance receivables currently held on the balance sheet of AFC and its subsidiaries.
The following is a summary of changes in the allowance for doubtful accounts related to trade receivables (in millions):
 Year Ended December 31,
 202320222021
Allowance for Doubtful Accounts  
Balance at beginning of period$15.8 $9.5 $7.1 
Provision for credit losses8.6 8.8 3.7 
Less net charge-offs(14.5)(2.5)(1.3)
Balance at end of period$9.9 $15.8 $9.5 
Recoveries of trade receivables were netted with charge-offs, as they were not material. Changes in the Canadian dollar exchange rate did not have a material effect on the allowance for doubtful accounts.