ACCOUNTS AND NOTES RECEIVABLE (Tables)

12 Months Ended

Dec. 28, 2019

Receivables [Abstract]

ACCOUNTS AND FINANCING RECEIVABLE

(Millions of Dollars)	2019			2018
Trade accounts receivable	$	1,284.0		$	1,437.1
Trade notes receivable	156.7			150.0
Other accounts receivable	126.3			122.7
Gross accounts and notes receivable	1,567.0			1,709.8
Allowance for doubtful accounts	(112.4		)	(102.0		)
Accounts and notes receivable, net	$	1,454.6		$	1,607.8
Long-term receivable, net	$	146.1		$	153.7

Finance Receivables and Operating Leases

The following is a summary of the expected timing of receipt of payments from customers on an undiscounted basis as of December 28, 2019 relating to the Company's lease receivables:

(Millions of Dollars)	Total		Within 1 Year		2 Years		3 Years		4 Years		5 Years		Thereafter
Finance receivables	$	210.5	$	78.2	$	59.7	$	39.8	$	20.6	$	12.2	$	—
Operating leases	$	47.7	$	45.5	$	1.3	$	0.7	$	0.2	$	—	$	—

Sales-type Lease, Lease Income

The following is a summary of lease revenue and sales-type lease profit for the year ended December 28, 2019:

(Millions of Dollars)	2019
Sales-type lease revenue	$	88.9
Lease interest revenue	12.7
Operating lease revenue	148.9
Total lease revenue	$	250.5
Sales-type lease profit	$	35.3