Receivables (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Roll Forward of Allowance for Doubtful Trade Receivables

The following table displays a roll forward of the allowance for doubtful trade receivables.


(in Millions)
Balance, December 31, 2024	$	39.4
Additions - charged to expense	8.5
Transfer from (to) allowance for credit losses (see below)	(0.4)
Net recoveries, write-offs and other	(0.5)
India held for sale (See Note 1)	(3.7)
Balance, December 31, 2025	$	43.3
Additions - charged (credited) to expense	1.6
Transfer from (to) allowance for credit losses (see below)	(0.5)
Net recoveries, write-offs and other	0.9
India held for sale (See Note 1)	0.3
Balance, June 30, 2026	$	45.6

Schedule of Roll Forward of Allowance for Credit Losses Related to Long-Term Customer Receivables

The following table displays a roll forward of the allowance for credit losses related to long-term customer receivables:


(in Millions)
Balance, December 31, 2024	$	21.3
Additions - charged (credited) to expense	9.0
Transfer from (to) allowance for doubtful accounts (see above)	0.4
Foreign currency adjustments	1.2
Net recoveries, write-offs and other	(0.4)
Balance, December 31, 2025	$	31.5
Additions - charged (credited) to expense(1)	74.1
Transfer from (to) allowance for doubtful accounts (see above)	0.5
Foreign currency adjustments	0.2
Net recoveries, write-offs and other (1)	(70.7)
Balance, June 30, 2026	$	35.6

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(1)Includes the charge and write-off of approximately $70.6 million of certain receivables due to a change in our commercial strategy in Latin America, recorded in connection with Project Foundation. The charge was recorded as a component of Restructuring and other charges (income) on the consolidated statement of income (loss). Refer to Note 8 for further information.