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Credit Losses
3 Months Ended
Mar. 31, 2024
Credit Loss [Abstract]  
Credit Losses Credit Losses
The rollforward of our allowance for credit losses related to trade accounts receivable, which is recorded in trade accounts receivable, less allowance in the consolidated balance sheet, is as follows (in millions of dollars):
First Quarter
20242023
Allowance for credit losses:
Beginning balance$8.0 $7.7 
Current period provision0.4 0.8 
Currency exchange effects(0.1)0.1 
Disposition of EMEA staffing operations(2.4)— 
Write-offs— (0.8)
Ending balance$5.9 $7.8 

Write-offs are presented net of recoveries, which were not material for first quarter-end 2024 or 2023. As of first quarter-end 2024, the Company has a receivable of $26.9 million related to the sale of our EMEA staffing operations (see Disposition footnote). The Company has determined that no credit loss provision is required on this receivable as it is considered collectible. No other allowances related to other receivables were material as of first quarter-end 2024 or 2023.