Accounts and Notes Receivable

9 Months Ended

Sep. 30, 2020

Receivables [Abstract]

Accounts and Notes Receivable

NOTE 6. ACCOUNTS AND NOTES RECEIVABLE

	September 30, 2020			December 31, 2019
Customer receivables	$	83.0		$	82.4
Miscellaneous receivables		10.7			5.0
Less allowance for warranties, discounts and losses		(3.6	)		(2.3	)
Accounts and notes receivable, net	$	90.1		$	85.1

We sell our products to select, pre-approved customers whose businesses are affected by changes in economic and market conditions.  We consider these factors and the financial condition of each customer when establishing our allowance for losses from doubtful accounts.

As of September 30, 2020, miscellaneous receivables includes $5.7 million related to proceeds from company-owned life insurance policies and $2.4 million related to proceeds from the sale of our idled plant in China.