Receivables (Tables)

9 Months Ended

Sep. 30, 2020

Receivables [Abstract]

Summary of Net Receivables

A summary of net receivables is as follows:

(In thousands)	September 30, 2020		December 28, 2019
Client receivables	$	1,370,394	$	1,245,670
Less: Provision for expected credit losses	151,167		106,075
Total receivables, net	$	1,219,227	$	1,139,595

Accounts Receivable, Allowance for Credit Loss

A reconciliation of the beginning and ending amount of our provision for expected credit losses is as follows:

(In thousands)
Provision for expected credit losses - balance at December 28, 2019	$	106,075
Cumulative effect of accounting change (ASU 2016-13)	4,606
Additions charged to costs and expenses	54,636
Deductions	(14,150)
Provision for expected credit losses - balance at September 30, 2020	$	151,167

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

A summary of such cumulative effect adjustment is as follows:

(In thousands)	Increase/(Decrease)
Receivables, net	$	(4,606)
Retained earnings	(4,606)