Receivables and Credit Losses

3 Months Ended

Apr. 01, 2022

Credit Loss [Abstract]

Receivables and Credit Losses

Receivables and Credit Losses

Accounts receivable includes trade receivables of $330 million and other receivables of $9 million as of April 1, 2022 and $315 million and $10 million, respectively, as of December 31, 2021.

Allowance for Credit Losses

Following is a summary of activity in the year to date allowance for credit losses (in thousands):

	April 1, 2022		March 26, 2021
Balance, beginning	$	3,254	$	3,745
Additions (reversals) charged to costs and expenses	3,220		158
Deductions from reserves (1)	(33)		(104)
Other additions (deductions) (2)	33		(75)
Balance, ending	$	6,474	$	3,724

(1)    Represents amounts determined to be uncollectible and charged against reserves, net of collections on accounts previously charged against reserves.

(2) Includes amounts assumed or established in connection with acquisitions and effects of foreign currency translation.