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Revenue Recognition (Tables) | 9 Months Ended
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Sep. 30, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Net Sales are Attributed to the Geographic Locations | Net sales are attributed to the following geographic locations of the Company’s direct customers (in millions):
| Three Months Ended September 30,
| 2023 |  | 2022
| ATM |  | FBS |  | Total |  | ATM |  | FBS |  | Total
United States | $ | 209.9 |  |  | $ | 89.0 |  |  | $ | 298.9 |  |  | $ | 219.1 |  |  | $ | 102.2 |  |  | $ | 321.3 |
Europe and the former Commonwealth of Independent States | 114.6 |  |  | 4.7 |  |  | 119.3 |  |  | 121.1 |  |  | 6.4 |  |  | 127.5 |
Asia-Pacific | 33.6 |  |  | 4.1 |  |  | 37.7 |  |  | 50.5 |  |  | 9.6 |  |  | 60.1 |
Americas (excluding U.S.) | 25.8 |  |  | 5.8 |  |  | 31.6 |  |  | 22.3 |  |  | 6.2 |  |  | 28.5 |
Other foreign countries | 9.9 |  |  | 0.8 |  |  | 10.7 |  |  | 13.1 |  |  | 1.0 |  |  | 14.1 |
Net sales | $ | 393.8 |  |  | $ | 104.4 |  |  | $ | 498.2 |  |  | $ | 426.1 |  |  | $ | 125.4 |  |  | $ | 551.5 |
| Nine Months Ended September 30,
| 2023 |  | 2022
| ATM |  | FBS |  | Total |  | ATM |  | FBS |  | Total
United States | $ | 605.5 |  |  | $ | 272.2 |  |  | $ | 877.7 |  |  | $ | 545.7 |  |  | $ | 102.2 |  |  | $ | 647.9 |
Europe and the former Commonwealth of Independent States | 407.7 |  |  | 16.7 |  |  | 424.4 |  |  | 250.6 |  |  | 6.4 |  |  | 257.0 |
Asia-Pacific | 124.8 |  |  | 17.8 |  |  | 142.6 |  |  | 124.5 |  |  | 9.6 |  |  | 134.1 |
Americas (excluding U.S.) | 78.1 |  |  | 16.2 |  |  | 94.3 |  |  | 40.0 |  |  | 6.2 |  |  | 46.2 |
Other foreign countries | 31.9 |  |  | 2.8 |  |  | 34.7 |  |  | 26.3 |  |  | 1.0 |  |  | 27.3 |
Net sales | $ | 1,248.0 |  |  | $ | 325.7 |  |  | $ | 1,573.7 |  |  | $ | 987.1 |  |  | $ | 125.4 |  |  | $ | 1,112.5 |
Schedule of Net Sales as a Percentage by End Market for the ATM Business and FBS Business | Net sales as a percentage by end market for the ATM business were as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Industrials | 34 | % |  | 34 | % |  | 33 | % |  | 35 | %
Protective solutions | 15 | % |  | 17 | % |  | 15 | % |  | 23 | %
Filtration | 24 | % |  | 25 | % |  | 25 | % |  | 20 | %
Healthcare | 17 | % |  | 14 | % |  | 16 | % |  | 17 | %
Release liners | 10 | % |  | 10 | % |  | 11 | % |  | 5 | %
Net sales | 100 | % |  | 100 | % |  | 100 | % |  | 100 | %
Schedule of Activity Under the Receivables Sales Agreement and Reverse Receivables Programs | The following table summarizes the activity under the Receivables Sales Agreement and Reverse Receivables Programs (in millions):
| Nine Months Ended
| September 30, 2023
Trade accounts receivable sold to financial institutions | $ | 839.5 |
Cash proceeds from financial institutions | 830.7 |

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