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Financing and Trade Receivables (Tables)
 12 Months Ended
Dec. 31, 2025
Credit Loss [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
The components of financing receivables with payments due in less than twelve months that are presented in Accounts receivable, less allowance for credit losses on the Consolidated Balance Sheets were as follows:
($ in millions)December 31, 2025December 31, 2024
Gross current financing receivables:
PSAs$97.6 $98.6 
Franchisee Notes31.5 25.4 
Current financing receivables, gross$129.1 $124.0 
Allowance for credit losses:
PSAs$10.5 $11.0 
Franchisee Notes9.0 8.0 
Total allowance for credit losses$19.5 $19.0 
Net current financing receivables:
PSAs, net$87.1 $87.6 
Franchisee Notes, net22.5 17.4 
Total current financing receivables, net$109.6 $105.0 
The components of Long-term financing receivables, less allowance for credit losses, which consists of financing receivables with payments due beyond one year, were as follows:

($ in millions)December 31, 2025December 31, 2024
Gross long-term financing receivables:
PSAs$241.3 $253.6 
Franchisee Notes60.9 62.8 
Long-term financing receivables, gross$302.2 $316.4 
Allowance for credit losses:
PSAs$26.6 $27.2 
Franchisee Notes5.1 5.0 
Total allowance for credit losses$31.7 $32.2 
Net long-term financing receivables:
PSAs, net$214.7 $226.4 
Franchisee Notes, net55.8 57.8 
Total long-term financing receivables, net$270.5 $284.2 
Schedule of Amortized Cost by Origination Year
The amortized cost basis and current period gross write-offs of PSAs and Franchisee Notes by origination year as of and for the year ended December 31, 2025 is as follows:
($ in millions)20252024202320222021PriorTotal
PSAs
Credit Score:
Less than 400$7.2 $4.3 $3.5 $1.4 $0.6 $0.1 $17.1 
400-59922.4 15.8 7.4 3.0 1.0 0.2 49.8 
600-79949.5 31.5 16.7 6.3 2.1 0.4 106.5 
800+81.7 47.2 24.7 9.3 2.2 0.4 165.5 
Total PSAs$160.8 $98.8 $52.3 $20.0 $5.9 $1.1 $338.9 
Franchisee Notes
Active distributors$24.6 $19.1 $9.6 $6.1 $4.3 $4.4 $68.1 
Separated distributors0.3 2.3 5.6 5.4 3.8 6.9 24.3 
Total Franchisee Notes$24.9 $21.4 $15.2 $11.5 $8.1 $11.3 $92.4 
Current Period Gross Write-offs
PSAs$1.8 $17.6 $14.2 $6.2 $2.8 $1.4 $44.0 
Franchisee Notes— 0.3 1.2 1.6 1.4 2.6 7.1 
Total current period gross write-offs$1.8 $17.9 $15.4 $7.8 $4.2 $4.0 $51.1 
Schedule of Financing Receivable Past Due The table below sets forth the aging of the Company’s PSA balances as of:
($ in millions)30-59 days past due60-90 days past dueGreater than 90 days past dueTotal past dueTotal not considered past dueTotalGreater than 90 days past due and accruing interest
December 31, 2025$3.6 $2.0 $7.7 $13.3 $325.6 $338.9 $7.7 
December 31, 20243.7 1.9 7.9 13.5 338.7 352.2 7.9 
Schedule of Allowance for Credit Losses Related to Financing Receivables
The following is a rollforward of the PSAs and Franchisee Notes components of the Company’s allowance for credit losses related to financing receivables as of December 31:
20252024
($ in millions)PSAsFranchisee NotesTotalPSAsFranchisee NotesTotal
Allowance for credit losses, beginning of year$38.2 $13.0 $51.2 $41.5 $12.3 $53.8 
Provision for credit losses41.0 7.9 48.9 37.8 7.8 45.6 
Write-offs(44.0)(7.1)(51.1)(42.9)(7.2)(50.1)
Recoveries of amounts previously charged off1.9 0.3 2.2 1.8 0.1 1.9 
Allowance for credit losses, end of year$37.1 $14.1 $51.2 $38.2 $13.0 $51.2 
Schedule of Allowance for Credit Losses Related to Trade Accounts Receivables
The following is a rollforward of the allowance for credit losses related to the Company’s trade accounts receivables, excluding financing receivables, and the Company’s trade accounts receivable cost basis as of December 31:
($ in millions)20252024
Cost basis of trade accounts receivable$426.3 $430.1 
Allowance for credit losses balance, beginning of year15.9 15.6 
Provision for credit losses3.5 5.6 
Write-offs(5.8)(4.5)
Foreign currency and other0.5 (0.8)
Allowance for credit losses balance, end of year14.1 15.9 
Net trade accounts receivable balance$412.2 $414.2