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Accounts and Notes Receivable
6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Accounts and Notes Receivable

NOTE 6. ACCOUNTS AND NOTES RECEIVABLE

 

 

 

June 30, 2020

 

 

December 31, 2019

 

Customer receivables

 

$

76.5

 

 

$

82.4

 

Miscellaneous receivables

 

 

33.5

 

 

 

5.0

 

Less allowance for warranties, discounts and losses

 

 

(3.2

)

 

 

(2.3

)

Accounts and notes receivable, net

 

$

106.8

 

 

$

85.1

 

 

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.

 

As of June 30, 2020, miscellaneous receivables includes a $20.8 million receivable related to the sale of our idled plant in China in the second quarter of 2020. See Note 2 for further information.