XML 28 R13.htm IDEA: XBRL DOCUMENT
v3.21.2

Receivables, net | 6 Months Ended
--- | ---
Jul. 02, 2021
Receivables [Abstract] |
Receivables, net | Note E — Receivables, net Receivables, net are summarized below:
(In millions) | July 2, 2021 |  | January 1, 2021
Accounts receivable | $ | 1,227 |  |  | $ | 1,369 |
Less allowance for credit losses | (30) |  |  | (25) |
Receivables, net | $ | 1,197 |  |  | $ | 1,344 |
We have two receivables sale agreements (“RSAs”) with third-party financial institutions that permit us to sell, on a non-recourse basis, up to $100 million each of outstanding receivables at any given time. From time to time, we have sold certain customer receivables under the RSAs, which we continue to service and collect on behalf of the third-party financial institutions and which we account for as sales of receivables with sale proceeds included in net cash from operating activities. Outstanding accounts receivable sold pursuant to the RSAs were not material at July 2, 2021 or January 1, 2021.

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI http://asc.fasb.org/subtopic&trid=2196772 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration