Trade and Other Receivables

12 Months Ended

Dec. 31, 2025

Note 12. Trade and Other Receivables


	December 31, 2025		December 31, 2024
Advanced charges receivable	$	329.8	$	347.3
Trade accounts receivable	297.5		301.7
Loans receivable	57.7		35.4
Consumption taxes receivable	17.7		25.6
Other receivables	12.2		6.6
Trade and other receivables, gross	714.9		716.6
Less: allowance for credit losses	(8.6)		(7.2)
Trade and other receivables, net	$	706.3	$	709.4

The Company generally has possession of assets or asset titles collateralizing a significant portion of trade receivables. Trade receivables are due for payment typically within seven days of the date of sale, after which they are interest bearing. Consumption taxes receivable are deemed fully recoverable unless disputed by the relevant tax authority. Other receivables are unsecured and non-interest bearing.

The activity in the allowance for expected credit losses is not material for any periods presented.

Loans Receivable

The Company participates in certain lending arrangements that are fully collateralized and secured by equipment or other assets. These arrangements typically have terms of one to five years. In an event of default, the Company may recover its loan receivable through the sale of the collateral. The related allowance for credit losses is not