RECEIVABLES, NET (Tables)

3 Months Ended

Apr. 02, 2022

Receivables [Abstract]

Receivables, Net by Type Table

The following table summarizes our receivables and associated allowance for credit losses.

	April 2, 2022			December 31, 2021
Trade accounts receivable		$	597.3		$	530.4
Notes receivable		18.4			19.2
Other		15.5			17.5
Receivables, gross		631.2			567.1
Less: Allowance for credit losses - receivables(a)		(15.4)			(12.0)
Receivables, net		$	615.8		$	555.1

Allowance for Credit Losses Table

The following table displays our allowance for credit losses for receivables and contract assets.

	April 2, 2022			December 31, 2021
Allowance for credit losses - receivables(a)		$	15.4		$	12.0
Allowance for credit losses - contract assets		0.5			0.5
Total allowance for credit losses		$	15.9		$	12.5

Allowance for Credit Losses Rollforward Table

The following table displays a rollforward of our total allowance for credit losses.

	April 2, 2022			April 3, 2021
Total allowance for credit losses - January 1		$	12.5		$	15.6
Charges (recoveries) to income(a)		3.8			(0.2)
Write-offs		(0.3)			(0.1)
Foreign currency and other		(0.1)			(0.1)
Total allowance for credit losses - ending balance		$	15.9		$	15.2