Accounts and Notes Receivable

12 Months Ended

Dec. 31, 2020

Receivables [Abstract]

Accounts and Notes Receivable

NOTE 7. ACCOUNTS AND NOTES RECEIVABLE

	December 31, 2020			December 31, 2019
Customer receivables	$	77.9		$	82.4
Miscellaneous receivables		4.0			5.0
Less allowance for warranties, discounts and losses		(3.6	)		(2.3	)
Accounts and notes receivable, net	$	78.3		$	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.  

Miscellaneous receivables included proceeds from company-owned life insurance policies of $3.2 million and $0.8 million as of December 31, 2020 and 2019, respectively. Miscellaneous receivables as of December 31, 2019 also included $2.5 million of amounts due from Knauf related to our Transaction Services Agreement that were collected during 2020.