RECEIVABLES, NET (Tables)

6 Months Ended

Jul. 02, 2022

Receivables [Abstract]

Receivables, Net by Type Table

The following table summarizes our receivables and associated allowance for credit losses.

	July 2, 2022			December 31, 2021
Trade accounts receivable		$	595.5		$	530.4
Notes receivable		13.0			19.2
Other		13.6			17.5
Receivables, gross		622.1			567.1
Less: Allowance for credit losses - receivables(a)		(16.4)			(12.0)
Receivables, net		$	605.7		$	555.1

Allowance for Credit Losses Table

The following table displays our allowance for credit losses for receivables and contract assets.

	July 2, 2022			December 31, 2021
Allowance for credit losses - receivables(a)		$	16.4		$	12.0
Allowance for credit losses - contract assets		0.5			0.5
Total allowance for credit losses		$	16.9		$	12.5

Allowance for Credit Losses Rollforward Table

The following table displays a rollforward of our total allowance for credit losses.

	July 2, 2022			July 3, 2021
Total allowance for credit losses - January 1		$	12.5		$	15.6
Charges (recoveries) to income(a)		4.7			(1.7)
Write-offs		(0.4)			(0.7)
Foreign currency and other		0.1			0.1
Total allowance for credit losses - ending balance		$	16.9		$	13.3