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Accounts and Notes Receivable
9 Months Ended
Sep. 30, 2018
Receivables [Abstract]  
Accounts and Notes Receivable

NOTE 5. ACCOUNTS AND NOTES RECEIVABLE

 

 

 

September 30, 2018

 

 

December 31, 2017

 

Customer receivables

 

$

75.5

 

 

$

62.8

 

Miscellaneous receivables

 

 

8.4

 

 

 

29.9

 

Less allowance for warranties, discounts and losses

 

 

(2.5

)

 

 

(1.9

)

Accounts and notes receivable, net

 

$

81.4

 

 

$

90.8

 

 

We sell our products to select, pre-approved customers whose businesses are affected by changes in economic and market conditions.  We consider these factors and the financial condition of each customer when establishing our allowance for losses from doubtful accounts.

 

Miscellaneous receivables as of September 30, 2018 includes $7.0 million of insurance recoveries related to environmental matters that we expect to collect during the fourth quarter of 2018. Miscellaneous receivables as of December 31, 2017 included $28.7 million of insurance recoveries related to environmental matters, which were collected during the first quarter of 2018.  See Note 17 for additional information.