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RECEIVABLES, NET | 9 Months Ended
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Oct. 02, 2021
Receivables [Abstract] |
RECEIVABLES, NET | RECEIVABLES, NET The following table summarizes our receivables and associated allowance for credit losses.
| October 2, 2021 |  | December 31, 2020
Trade accounts receivable |  | $ | 536.5 |  |  |  |  | $ | 492.5 |  |
Notes receivable |  | 20.5 |  |  |  |  | 11.0 |  |
Other |  | 14.7 |  |  |  |  | 19.1 |  |
Receivables, gross |  | 571.7 |  |  |  |  | 522.6 |  |
Less: Allowance for credit losses - receivables |  | (11.5) |  |  |  |  | (15.1) |  |
Receivables, net |  | $ | 560.2 |  |  |  |  | $ | 507.5 |  |
The following table displays our allowance for credit losses for receivables and contract assets.
| October 2, 2021 |  | December 31, 2020
Allowance for credit losses - receivables |  | $ | 11.5 |  |  |  |  | $ | 15.1 |  |
Allowance for credit losses - contract assets |  | 0.5 |  |  |  |  | 0.5 |  |
Total allowance for credit losses |  | $ | 12.0 |  |  |  |  | $ | 15.6 |  |
The following table displays a rollforward of our total allowance for credit losses.
| October 2, 2021 | September 26, 2020
Total allowance for credit losses - January 1 |  | $ | 15.6 |  |  |  | $ | 12.8 |  |
Impact of adoption of ASU 2016-13 |  | — |  |  |  | 1.7 |  |
(Recoveries) charges to income |  | (2.7) |  |  |  | 9.2 |  |
Write-offs |  | (0.8) |  |  |  | (5.1) |  |
Foreign currency and other |  | (0.1) |  |  |  | 0.1 |  |
Total allowance for credit losses - ending balance |  | $ | 12.0 |  |  |  | $ | 18.7 |  |

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- 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
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- References No definition available. + Details
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