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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | Net sales are attributed to the following geographic locations of the Company’s direct customers (in millions):
| Three Months Ended March 31,
| 2023 |  | 2022
| ATM |  | FBS |  | Total |  | ATM |  | FBS |  | Total
United States | $ | 207.7 |  |  | $ | 132.1 |  |  | $ | 339.8 |  |  | $ | 152.0 |  |  | $ | 38.6 |  |  | $ | 190.6 |
Europe and the former Commonwealth of Independent States | 151.2 |  |  | 54.6 |  |  | 205.8 |  |  | 64.1 |  |  | 51.0 |  |  | 115.1 |
Asia-Pacific | 46.0 |  |  | 27.2 |  |  | 73.2 |  |  | 35.4 |  |  | 24.9 |  |  | 60.3 |
Americas (excluding U.S.) | 18.9 |  |  | 22.3 |  |  | 41.2 |  |  | 14.2 |  |  | 12.7 |  |  | 26.9 |
Other foreign countries | 10.5 |  |  | 8.5 |  |  | 19.0 |  |  | 7.2 |  |  | 6.7 |  |  | 13.9 |
Net sales | $ | 434.3 |  |  | $ | 244.7 |  |  | $ | 679.0 |  |  | $ | 272.9 |  |  | $ | 133.9 |  |  | $ | 406.8 |
Schedule of Disaggregation of Revenue, Percent | Net sales as a percentage by end market for the ATM business were as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
Industrials |  |  |  |  | 33 | % |  | 36 | %
Protective solutions |  |  |  |  | 15 | % |  | 31 | %
Filtration |  |  |  |  | 26 | % |  | 17 | %
Healthcare |  |  |  |  | 15 | % |  | 16 | %
Release liners |  |  |  |  | 11 | % |  | — | %
Net sales |  |  |  |  | 100 | % |  | 100 | %
Net sales as a percentage by end market for the FBS business were as follows:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
Packaging and specialty papers |  |  |  |  | 47 | % |  | — | %
Engineered papers |  |  |  |  | 53 | % |  | 100 | %
Net sales |  |  |  |  | 100 | % |  | 100 | %
Schedule of Reverse Receivables Programs and Receivable Sales Agreement | The following table summarizes the activity under the Receivables Sales Agreement and Reverse Receivables Programs (in millions):
| Three Months Ended
| March 31, 2023
Trade accounts receivable sold to financial institutions | $ | 312.1 |
Cash proceeds from financial institutions | 308.8 |

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