Accounts Receivable (Tables)

9 Months Ended

Oct. 02, 2021

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Text Block]

Accounts receivable, net, consists of the following:

	October 2, 2021		December 31, 2020
Accounts receivable	$	9,407,642	$	9,298,135
Allowances for doubtful accounts	(78,215)		(92,792)
Accounts receivable, net	$	9,329,427	$	9,205,343

Accounts Receivable, Allowance for Credit Loss

Changes in the allowance for doubtful accounts consists of the following:

	Nine Months Ended
	October 2, 2021		September 26, 2020
Balance at beginning of period	$	92,792	$	69,433
Effect of adoption of ASU No. 2016-13	—		47,011
Charged to income	5,760		22,139
Translation Adjustments	(1,164)		(1,215)
Writeoffs	(19,173)		(42,224)
Balance at end of period	$	78,215	$	95,144

Transfer of Financial Assets Accounted for as Sales

Other amounts related to the EMEA asset securitization program:

	October 2, 2021		December 31, 2020
Receivables sold to unaffiliated financial institutions that were uncollected	$	418,696	$	397,914
Collateralized accounts receivable held by Arrow EMEA funding Corp B.V.	754,564		551,843