Long-term Customer Financing and Sales Of Receivables (Tables)

3 Months Ended

Apr. 04, 2015

Long-term customer financing receivables consist of trade receivables with payment terms greater than twelve months, long-term loans and lease receivables under sales-type leases. Long-term customer financing receivables consist of the following:



	April 4, 2015			December 31, 2014
Long-term receivables	$	51		$	49
Less current portion	(25		)	(18		)
Non-current long-term receivables, net	$	26		$	31

Proceeds Received From Non-Recourse Sales Of Accounts Receivable And Long-Term Receivables

The following table summarizes the proceeds received from sales of accounts receivable and long-term receivables for the three months ended April 4, 2015 and March 29, 2014:



	Three Months Ended
	April 4, 2015		March 29, 2014
Accounts receivable sales proceeds	$	6	$	7
Long-term receivables sales proceeds	65		1
Total proceeds from receivable sales	$	71	$	8

Financing Receivables Aging Analysis

An aging analysis of financing receivables at April 4, 2015 and December 31, 2014 is as follows:



April 4, 2015	Total Long-term Receivable		Current Billed Due		Past Due Under 90 Days		Past Due Over 90 Days
Municipal leases secured tax exempt	$	11	$	—	$	—	$	—
Commercial loans and leases secured	40		4		1		11
Total gross long-term receivables, including current portion	$	51	$	4	$	1	$	11



December 31, 2014	Total Long-term Receivable		Current Billed Due		Past Due Under 90 Days		Past Due Over 90 Days
Municipal leases secured tax exempt	$	14	$	—	$	—	$	—
Commercial loans and leases secured	35		—		—		12
Total gross long-term receivables, including current portion	$	49	$	—	$	—	$	12