XML 53 R14.htm IDEA: XBRL DOCUMENT v3.22.0.1
Receivables, net
 12 Months Ended
Dec. 31, 2021
Receivables [Abstract]  
Receivables, net Receivables, net
 
December 31,
2021		December 31,
2020
Customers, trade$1,721,584 1,591,503 
Income tax receivable73,727 112,580 
Other117,823 89,092 
1,913,134 1,793,175 
Less: allowance for discounts, returns, claims and doubtful accounts(1)
73,149 83,682 
Receivables, net$1,839,985 1,709,493 
(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.

The following table reflects the activity of allowances for discounts, returns, claims and doubtful accounts for the years ended December 31:
Balance at
beginning
of year		AcquisitionsAdditions
charged to
net sales or
costs and
expenses
Deductions(1)
Balance
at end
of year
2019$74,718 382 387,253 400,432 61,921 
202061,921 — 384,403 362,642 83,682 
202183,682 644 357,635 368,812 73,149 
 
(1) Represents charge-offs, net of recoveries.