Receivables, net (Tables)

6 Months Ended

Jun. 27, 2020

Receivables [Abstract]

Schedule of net components of receivables

Receivables, net are as follows:

	At June 27, 2020		At December 31, 2019
Customers, trade	$	1,563,110	1,491,592
Income tax receivable	9,500		8,428
Other	92,660		88,520
	1,665,270		1,588,540
Less: allowance for discounts, claims and doubtful accounts(1)	78,872		61,921
Receivables, net	$	1,586,398	1,526,619

⁽¹⁾ The Company adopted the new standard, ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, on January 1, 2020 using a modified retrospective transition approach, with the cumulative impact being immaterial to the financial statements.