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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Allowance for Credit Losses The following table presents the allowance for credit losses activity (in millions):
Year Ended
December 31, 2022December 31, 2021December 31, 2020
Balance at beginning of period$7.2 $6.5 $6.0 
Provision for credit losses, net3.2 4.0 2.3 
Receivables written-off(4.0)(0.7)(2.2)
Transfer to held for sale— (1.4)— 
Currency translation adjustment0.4 (1.2)0.4 
Balance at end of period$6.8 $7.2 $6.5 
Schedule of advertising expense Advertising costs were as follows (in millions):
Year Ended
December 31, 2022December 31, 2021December 31, 2020
$119.3 $130.9 $130.5 
Schedule of new accounting pronouncements and changes in accounting principles
StandardDescriptionEffective DateEffect on the Financial Statements or Other Significant Matters
ASU 2021-08: Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with CustomersThis guidance amends ASC 805 to add contract assets and contract liabilities to the list of exceptions to the recognition and measurement principles that apply to business combinations and to require acquiring entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination. Under current GAAP, an acquirer generally recognizes such items at fair value at acquisition date. January 1, 2023As of January 1, 2023 we adopted ASU 2021-8. We do not anticipate a material impact from applying the recognition and measurement principles of Topic 606 to contract assets or liabilities acquired as part of a business combination.
We do not believe that any other recently issued accounting standards could have a material effect on our Consolidated Financial Statements.