Accounts Receivable

9 Months Ended

Sep. 30, 2025

Receivables [Abstract]

Accounts Receivable

Accounts Receivable

Accounts receivable, net of allowance for credit losses, are as follows:

	September 30, 2025		December 31, 2024
	(In millions)
Accounts receivable	$	266.5	$	213.1
Expected credit losses	(1.4)		(1.2)
Accounts receivable, net	$	265.1	$	211.9

Accounts Receivable Factoring Facilities―For the three months ended September 30, 2025 and 2024 the gross amount of receivables sold were $103.7 million and $104.7 million, respectively. For the nine months ended September 30, 2025 and 2024 the gross amount of receivables sold were $331.9 million and $323.1 million, respectively.

For the three months ended September 30, 2025 and 2024 the loss on receivables sold was approximately $1.2 million and $1.3 million, respectively. For the nine months ended September 30, 2025 and 2024 the loss on receivables sold was approximately $3.8 million and $3.7 million, respectively.

In the Condensed Consolidated Statements of Operations, the loss on receivables sold is reflected in Other (income) expenses, net.