Accounts Receivable, net

6 Months Ended

Jul. 02, 2015

Accounts Receivable, Net, Current [Abstract]

Accounts receivable, net consists of the following:



	July 2, 2015			December 31, 2014
Trade receivables⁽¹⁾⁽²⁾	$	549.9		$	598.4
Other	13.7			7.7
Less: allowance for doubtful accounts	(0.4		)	(0.5		)
Accounts receivable, net	$	563.2		$	605.6


(1)	Includes unbilled receivables of $25.9 and $26.0 as of July 2, 2015 and December 31, 2014, respectively.


(2)	Includes $135.1 held in retainage by a customer at December 31, 2014.

Accounts receivable, net includes unbilled receivables on long-term aerospace contracts, comprised principally of revenue recognized on contracts for which amounts were earned but not contractually billable as of the balance sheet date, or amounts earned for which the recovery will occur over the term of the contract, which could exceed one year.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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