v3.25.2
RECEIVABLES (Tables)
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Schedule of Financing Receivable Credit Quality Indicators
The table below summarizes the amortized cost basis of financial assets by years of origination and credit quality.
June 30, 2025December 31, 2024
(In millions)Credit ratingYear of originationBalanceCredit ratingYear of originationBalance
Loans receivables and otherMoody’s rating Aa3 - Ba12022-2025$123.0 Moody’s rating A3 - Ba22020-2023$127.6 
Total financial assets$123.0 $127.6 
Schedule of Financing Receivable, Allowance for Credit Loss
The table below shows the roll-forward of allowance for credit losses as of June 30, 2025 and 2024, respectively.
Balance as of June 30, 2025
(In millions)Trade receivablesContract assetsLoans receivables and other
Allowance for credit losses at December 31, 2024$43.4 $1.3 $2.5 
Current period provision (release) for expected credit losses8.1 — (0.1)
Recoveries(0.1)— (0.9)
Allowance for credit losses at June 30, 2025$51.4 $1.3 $1.5 
Balance as of June 30, 2024
(In millions)Trade receivablesContract assetsLoans receivables and other
Allowance for credit losses at December 31, 2023$34.4 $1.4 $2.3 
Current period provision (release) for expected credit losses24.4 (0.1)7.3 
Allowance for credit losses at June 30, 2024$58.8 $1.3 $9.6