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FINANCING RECEIVABLES AND ALLOWANCE FOR CREDIT LOSSES (Tables)
9 Months Ended
Jun. 29, 2012
Financing Receivables And Allowance For Credit Losses

The Company’s financing receivables, consisting of its accounts receivable with contractual maturities of more than one year and the related allowance for doubtful accounts, notes receivable and short-term investment, are presented in the following table:

 

(In millions)    June 29,
2012
     September 30,
2011
 

Accounts receivable with contractual maturities of more than one year:

     

Gross amount

   $ 26.8       $ 16.2   

Allowance for doubtful accounts

     0.0         0.0   
  

 

 

    

 

 

 

Net amount

   $ 26.8       $ 16.2   
  

 

 

    

 

 

 

Amount past due

   $ 0.9       $ 1.2   
  

 

 

    

 

 

 

Note receivable:

     

Note receivable from related party

   $ 5.4       $ 8.8   
  

 

 

    

 

 

 

Amount past due

   $ 0.0       $ 0.0   
  

 

 

    

 

 

 

Short-term investment:

     

Total short-term investment1

   $ 47.2       $ 19.2   
  

 

 

    

 

 

 

Amount past due

   $ 0.0       $ 0.0   
  

 

 

    

 

 

 

 

1 

Represents a loan to CPTC. See Note 15, “Variable Interest Entity.”