Accounts Receivable

6 Months Ended

Jun. 30, 2026

Receivables [Abstract]

Accounts Receivable

Accounts Receivable

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

	June 30, 2026		December 31, 2025
	(In millions)
Accounts receivable	$	301.5	$	215.0
Expected credit losses	(1.1)		(1.4)
Accounts receivable, net	$	300.4	$	213.6

Accounts Receivable Factoring Facilities―For the three months ended June 30, 2026 and 2025 the gross amount of receivables sold were $101.3 million and $125.7 million, respectively. For the six months ended June 30, 2026 and 2025 the gross amount of receivables sold were $197.3 million and $228.2 million, respectively.

For the three months ended June 30, 2026 and 2025 the loss on receivables sold was approximately $1.1 million and $1.4 million, respectively. For the six months ended June 30, 2026 and 2025 the loss on receivables sold was approximately $2.0 million and $2.6 million, respectively.

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