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Accounts Receivable, Net (Tables) | 12 Months Ended
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Dec. 31, 2024
Receivables [Abstract] |
Schedule of Accounts Receivable | Accounts receivable, net is summarized as follows (in millions):
| Years Ended December 31,
| 2024 |  | 2023
Trade receivables | $ | 132.2 |  |  | $ | 147.2 |
Business tax credits, including VAT | 10.0 |  |  | 10.2 |
Hedge contracts receivable | 7.4 |  |  | 2.6 |
Other receivables | 16.1 |  |  | 19.7 |
Less allowance for credit losses | (3.3) |  |  | (3.2) |
Total accounts receivable, net | $ | 162.4 |  |  | $ | 176.5 |
Schedule of Allowance for Credit Losses | The following is the activity related to the allowance for credit losses (in millions):
| Years Ended December 31,
| 2024 |  | 2023 |  | 2022
Beginning balance | $ | 3.2 |  |  | $ | 2.0 |  |  | $ | 0.8 |
Bad debt expense | 0.8 |  |  | 1.0 |  |  | 1.6 |
Recoveries | (0.5) |  |  | — |  |  | (0.1) |
Write-offs and discounts | (0.3) |  |  | 0.2 |  |  | (0.3) |
Currency translation | 0.1 |  |  | — |  |  | — |
Ending balance | $ | 3.3 |  |  | $ | 3.2 |  |  | $ | 2.0 |
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
| 2024 |  | 2023
Trade accounts receivable sold to financial institutions | $ | 1,037.2 |  |  | $ | 1,096.1 |
Cash proceeds from financial institutions | 1,036.3 |  |  | 1,094.8 |

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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 + Details
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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 -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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