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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2024
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 June 30,
20242023
FAM
SAS
Total
FAM
SAS
Total
United States$116.2 $177.8 $294.0 $119.9 $155.8 $275.7 
Europe
50.6 89.0 139.6 51.9 95.7 147.6 
Asia-Pacific31.1 21.8 52.9 29.9 21.7 51.6 
Americas (excluding U.S.)5.9 19.8 25.7 6.1 32.4 38.5 
Other foreign countries2.6 9.0 11.6 3.9 9.2 13.1 
Net sales$206.4 $317.4 $523.8 $211.7 $314.8 $526.5 
Six Months Ended June 30,
20242023
FAM
SAS
Total
FAM
SAS
Total
United States$225.1 $337.2 $562.3 $244.0 $334.8 $578.8 
Europe
104.6 176.1 280.7 109.4 195.8 305.2 
Asia-Pacific63.2 42.7 105.9 59.4 44.0 103.4 
Americas (excluding U.S.)11.1 42.1 53.2 11.5 51.2 62.7 
Other foreign countries5.1 16.8 21.9 8.0 17.4 25.4 
Net sales$409.1 $614.9 $1,024.0 $432.3 $643.2 $1,075.5 
Schedule of Net Sales as a Percentage by End Market
Net sales as a percentage by product category for the business were as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Filtration & netting
25 %25 %25 %25 %
Advanced films
14 %15 %15 %15 %
Tapes, labels & liners
31 %30 %30 %30 %
Paper & packaging
16 %16 %16 %17 %
Healthcare & other
14 %14 %14 %13 %
   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):
Six Months Ended
June 30,
20242023
Trade accounts receivable sold to financial institutions$517.0 $568.9 
Cash proceeds from financial institutions516.6 568.2