RECEIVABLES

The following table summarizes the Company's accounts receivable and notes receivable as of September 30, 2016 and October 2, 2015:



	September 30,			October 2,
(In millions)	2016			2015
Accounts receivable, gross	$	970.8		$	838.2
Allowance for doubtful accounts	(24.4		)	(21.2		)
Accounts receivable, net	$	946.4		$	817.0
Short-term	$	891.8		$	770.9
Long-term ⁽¹⁾	$	54.6		$	46.1

Notes receivable	$	65.0		$	40.9
Short-term ⁽²⁾	$	5.8		$	10.0
Long-term⁽¹⁾	$	59.2		$	30.9

⁽¹⁾Included in other assets on the Company's Consolidated Balance Sheets.

⁽²⁾ Included in prepaid expenses and other current assets on the Company's Consolidated Balance Sheets.

A financing receivable represents a financing arrangement with a contractual right to receive money, on demand or on fixed or determinable dates, and that is recognized as an asset on the Company’s Consolidated Balance Sheets. The Company’s financing receivables consist of accounts receivable with contractual maturities of more than one year and notes receivable. A small portion of the Company's financing accounts receivables are included in short-term accounts receivable.

Allowance for doubtful accounts was entirely related to the short-term accounts receivable for both the fiscal years ended September 30, 2016 and October 2, 2015.

See Note 16, "VPT Loans" for more information on the Company's long-term notes receivable balances.