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Accounts Receivable, Net (Tables)
 12 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
Schedule of Accounts Receivable
Accounts receivable, net is summarized as follows (in millions):
Years Ended December 31,
20242023
Trade receivables$132.2 $147.2 
Business tax credits, including VAT10.0 10.2 
Hedge contracts receivable7.4 2.6 
Other receivables16.1 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,
202420232022
Beginning balance$3.2 $2.0 $0.8 
Bad debt expense0.8 1.0 1.6 
Recoveries(0.5)— (0.1)
Write-offs and discounts(0.3)0.2 (0.3)
Currency translation0.1 — — 
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
20242023
Trade accounts receivable sold to financial institutions$1,037.2 $1,096.1 
Cash proceeds from financial institutions1,036.3 1,094.8