Accounts Receivable (Tables)

3 Months Ended

Apr. 03, 2021

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Text Block]

Accounts receivable, net, consists of the following:

	April 3, 2021		December 31, 2020
Accounts receivable	$	8,591,443	$	9,298,135
Allowances for doubtful accounts	(88,433)		(92,792)
Accounts receivable, net	$	8,503,010	$	9,205,343

Accounts Receivable, Allowance for Credit Loss

Changes in the allowance for doubtful accounts consists of the following:

	Quarter Ended
	April 3, 2021		March 28, 2020
Balance at beginning of period	$	92,792	$	69,433
Effect of adoption of ASU No. 2016-13	—		47,011
Charged to income	1,137		12,539
Translation Adjustments	(1,117)		(1,869)
Writeoffs	(4,379)		(13,186)
Balance at end of period	$	88,433	$	113,928

Transfer of Financial Assets Accounted for as Sales

Other amounts related to the EMEA asset securitization program consist of the following:

	April 3, 2021		December 31, 2020
Receivables sold to unaffiliated financial institutions that were uncollected	$	386,596	$	397,914
Collateralized accounts receivable held by Arrow EMEA funding Corp B.V.	678,520		551,843