XML 44 R30.htm IDEA: XBRL DOCUMENT v3.24.0.1
Accounts Receivable, Net (Tables)
12 Months Ended
Dec. 31, 2023
Receivables [Abstract]  
Summary of Accounts Receivable

Accounts receivable are as follows (in millions):

 

 

December 31,

 

 

 

2023

 

 

2022

 

Accounts receivable

 

$

621.0

 

 

$

593.6

 

Unbilled accounts receivable

 

 

203.5

 

 

 

206.7

 

Allowance for credit losses

 

 

(25.1

)

 

 

(21.7

)

Total accounts receivable, net

 

$

799.4

 

 

$

778.6

 

 

Schedule of Allowance for Credit Losses

The following table represents the activity for the allowance for credit losses (in millions):

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

Balance at beginning of period

 

$

21.7

 

 

$

17.9

 

 

$

16.8

 

Charge to costs and expenses

 

 

11.4

 

 

 

10.6

 

 

 

8.2

 

Write-offs, net of recoveries

 

 

(9.2

)

 

 

(7.1

)

 

 

(7.0

)

Foreign currency impact

 

 

1.2

 

 

 

0.3

 

 

 

(0.1

)

Balance at end of period

 

$

25.1

 

 

$

21.7

 

 

$

17.9