XML 76 R23.htm IDEA: XBRL DOCUMENT v3.23.3
Accounts Receivable (Tables)
9 Months Ended
Sep. 30, 2023
Accounts Receivable  
Schedule of accounts receivable, net

September 30,

December 31,

(thousands)

    

2023

    

2022

    

Accounts receivable

$

10,807,108

$

12,416,114

Allowances for doubtful accounts

 

(143,944)

 

(93,397)

Accounts receivable, net

$

10,663,164

$

12,322,717

Schedule of changes in the allowance for doubtful accounts

Nine Months Ended

September 30,

October 1,

(thousands)

    

2023

    

2022

    

Balance at beginning of period

$

93,397

$

75,901

Charged to income

 

64,701

 

26,869

Translation adjustments

 

(575)

 

(3,660)

Writeoffs

 

(13,579)

 

(9,885)

Balance at end of period

$

143,944

$

89,225

Sales of accounts receivable to unaffiliated financial institutions under the EMEA asset securitization program

Quarter Ended

Nine Months Ended

September 30,

October 1,

September 30,

October 1,

(thousands)

    

2023

    

2022

    

2023

    

2022

    

EMEA asset securitization, sales of accounts receivable

$

815,812

$

834,456

$

2,486,022

$

1,943,723

Schedule of other amounts related to the EMEA asset securitization program

September 30,

December 31,

(thousands)

    

2023

    

2022

Receivables sold to unaffiliated financial institutions that were uncollected

$

612,321

$

628,930

Collateralized accounts receivable held by Arrow EMEA funding Corp B.V.

 

933,752

 

932,243