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Accounts Receivable, Net (Tables)

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

Schedule of Accounts Receivable

Accounts receivable, net is summarized as follows (in millions):

			December 31,
			2023						2022
Trade receivables			$	147.2					$	144.4
Business tax credits, including VAT			10.2						5.5
Hedge contracts receivable			2.6						3.5
Other receivables			19.7						26.8
Less allowance for doubtful accounts and sales discounts			(3.2)						(2.0)
Total accounts receivable, net			$	176.5					$	178.2

Schedule of Allowance for Doubtful Accounts

The following is the activity related to the allowance for doubtful accounts (in millions):

			Years Ended December 31,
			2023						2022						2021
Beginning balance			$	2.0					$	0.8					$	0.5
Bad debt expense			1.0						1.6						0.3
Recoveries			—						(0.1)						(0.1)
Write-offs and discounts			0.2						(0.3)						0.1
Ending balance			$	3.2					$	2.0					$	0.8

Schedule of Reverse Receivables Programs and A/R Sales Agreement Activity

The following table summarizes the activity under the Amended Receivables Sales Agreement and Reverse Receivables Program (in millions):

			Years Ended December 31
			2023			2022
Trade accounts receivable sold to financial institutions			$	1,096.1		$	203.4
Cash proceeds from financial institutions			1,094.8			201.8

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- Definition

Accounts Receivable, Sale Activity

+ References

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- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

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