ACCOUNTS AND OTHER RECEIVABLES (Tables)

9 Months Ended

Sep. 30, 2022

Summary of Components of Accounts and Other Receivables

Accounts and other receivables consisted of the following:


	September 30, 2022						December 31, 2021
	Current		Long-term		Total		Current		Long-term		Total
Trade accounts receivable 1	$	692.5	$	—	$	692.5	$	634.2	$	—	$	634.2
Trade notes receivable	.4		.1		.5		.7		.2		.9
Total trade receivables	692.9		.1		693.0		634.9		.2		635.1


Other notes receivable 1	—		22.5		22.5		.7		22.5		23.2

Taxes receivable, including income taxes	2.1		—		2.1		4.3		—		4.3
Value-added taxes recoverable 2	41.8		—		41.8		14.5		—		14.5
Other receivables	10.6		—		10.6		12.0		—		12.0
Subtotal other receivables	54.5		22.5		77.0		31.5		22.5		54.0
Total trade and other receivables	747.4		22.6		770.0		666.4		22.7		689.1
Allowance for doubtful accounts:
Trade accounts receivable 1	(17.0)		—		(17.0)		(14.9)		—		(14.9)
Trade notes receivable	(.1)		—		(.1)		—		(.1)		(.1)
Total trade receivables	(17.1)		—		(17.1)		(14.9)		(.1)		(15.0)
Other notes receivable 1	—		(21.4)		(21.4)		—		(22.0)		(22.0)
Total allowance for doubtful accounts	(17.1)		(21.4)		(38.5)		(14.9)		(22.1)		(37.0)
Total net receivables	$	730.3	$	1.2	$	731.5	$	651.5	$	.6	$	652.1

1 The “Trade accounts receivable” and “Other notes receivable” line items above include an aggregate of $21.6 ($21.4 for the note and $.2 for the trade receivable) and $22.5 ($22.0 for the note and $.5 for the trade receivable) as of September 30, 2022 and December 31, 2021, respectively, from a customer that has experienced continued financial difficulty and liquidity problems. The balances for this customer were fully reserved for all periods presented.

2 Our value-added taxes recoverable have increased $27.3 since December 31, 2021, primarily as a result of refund delays from the Mexican government.

Summary of Allowance for Doubtful Accounts

Activity related to the allowance for doubtful accounts is reflected below:


	Balance at December 31, 2021		Add: Charges		Less: Net Charge-offs/ (Recoveries) and Other		Balance at September 30, 2022
Trade accounts receivable	$	14.9	$	2.7	$	.6	$	17.0
Trade notes receivable	.1		—		—		.1
Total trade receivables	15.0		2.7		.6		17.1
Other notes receivable	22.0		(.6)		—		21.4
Total allowance for doubtful accounts	$	37.0	$	2.1	$	.6	$	38.5