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RECEIVABLES, NET (Tables)
3 Months Ended
Apr. 01, 2023
Receivables [Abstract]  
Receivables, Net by Type Table
The following table summarizes our receivables and associated allowance for credit losses.
As of the Period EndedApril 1,
2023
December 31,
2022
Trade accounts receivable$649.3 $614.0 
Notes receivable18.8 8.2 
Other14.4 18.3 
Receivables, gross682.5 640.5 
Less: Allowance for credit losses - receivables(12.6)(11.7)
Receivables, net$669.9 $628.8 
Allowance for Credit Losses Table
The following table displays our allowance for credit losses for receivables and for contract assets, which are recorded within Receivables, net and Other current or non-current assets, respectively, within our Consolidated Condensed Balance Sheets.
As of the Period EndedApril 1,
2023
December 31,
2022
Allowance for credit losses - receivables$12.6 $11.7 
Allowance for credit losses - contract assets0.5 0.5 
Total allowance for credit losses$13.1 $12.2 
Allowance for Credit Losses Rollforward Table
The following table displays a rollforward of our total allowance for credit losses.
April 1,
2023
April 2,
2022
Total allowance for credit losses - January 1 $12.2 $12.5 
Charges to income(a)
1.2 3.8 
Write-offs(0.3)(0.3)
Foreign currency and other (0.1)
Total allowance for credit losses - ending balance$13.1 $15.9