XML 33 R23.htm IDEA: XBRL DOCUMENT v3.22.1
Accounts Receivable (Tables)
 3 Months Ended
Apr. 02, 2022
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Text Block]
Accounts receivable, net, consists of the following:
 April 2,
2022		December 31,
2021
Accounts receivable$10,709,125 $11,199,847 
Allowances for doubtful accounts(87,183)(75,901)
Accounts receivable, net$10,621,942 $11,123,946 
Accounts Receivable, Allowance for Credit Loss
Changes in the allowance for doubtful accounts consists of the following:
Quarter Ended
April 2,
2022		April 3,
2021
Balance at beginning of period$75,901 $92,792 
Charged to income13,768 1,137 
Translation adjustments190 (1,117)
Writeoffs(2,676)(4,379)
Balance at end of period$87,183 $88,433 
Transfer of Financial Assets Accounted for as Sales
Sales of accounts receivables to unaffiliated financial institutions under the EMEA asset securitization program:
  Quarter Ended
  April 2,
2022		April 3,
2021
EMEA asset securitization, sales of accounts receivables$569,216 $517,042 
Schedule of Fair Value Assumption, Date of Securitization or Asset-backed Financing Arrangement, Transferor's Continuing Involvement, Servicing Assets or Liabilities
Other amounts related to the EMEA asset securitization program:
April 2,
2022		December 31,
2021
Receivables sold to unaffiliated financial institutions that were uncollected$443,209 $453,292 
Collateralized accounts receivable held by Arrow EMEA funding Corp B.V.877,218 745,965