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Sales of Receivables
 3 Months Ended
Apr. 02, 2022
Receivables [Abstract]  
Sales of Receivables Sales of Receivables
Sales of Receivables
The following table summarizes the proceeds received from sales of accounts receivable and long-term receivables for the three months ended April 2, 2022 and April 3, 2021: 
 Three Months Ended
April 2, 2022April 3, 2021
Contract-specific discounting facility$49 $71 
Accounts receivable sales proceeds22 — 
Long-term receivables sales proceeds17 54 
Total proceeds from receivable sales$88 $125 
At April 2, 2022, the Company had retained servicing obligations for $905 million of long-term receivables, compared to $940 million at December 31, 2021. Servicing obligations are limited to collection activities related to the sales of accounts receivables and long-term receivables. The Company had outstanding commitments to provide long-term financing to third parties totaling $32 million at April 2, 2022, compared to $56 million at December 31, 2021.
During the three months ended April 2, 2022, the Company completed its final draw against a cost-efficient receivables discounting facility, implemented in 2020 to neutralize the impact of increased payment terms under a renegotiated and extended long-term contract in Europe, resulting in accounts receivable sales of $49 million. The proceeds of the Company's receivable sales are included in Operating activities within the Company's Condensed Consolidated Statements of Cash Flows.