Overview, Basis of Presentation and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2022

Transactions affecting the current expected credit loss (“CECL”) reserve during the nine months ended September 30, 2022 and 2021 were as follows:


	September 30,
	2022			2021
Balance, beginning of year (a)	$	12.7		$	10.5
Provisions charged to expense		6.2			2.2
Write-offs, reclassifications and other		(1.4	)		0.3
Balance, end of period (a)	$	17.5		$	13.0

__________

(a)

As of September 30, 2022, the CECL reserve balance was comprised of a $16.7 million provision for accounts receivable and a $0.8 million provision for unbilled receivables and contract assets. As of December 31, 2021, the CECL reserve balance was comprised of a $12.0 million provision for accounts receivable and a $0.7 million provision for unbilled receivables and contract assets.

Components of Company's Property, Plant and Equipment

The components of the Company’s property, plant and equipment, net at September 30, 2022 and December 31, 2021 were as follows:


	September 30, 2022			December 31, 2021
Land	$	0.3		$	0.3
Buildings		20.5			20.8
Machinery and equipment		68.6			68.5
		89.4			89.6
Less: Accumulated depreciation		(71.7	)		(70.9	)
Total	$	17.7		$	18.7