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RECEIVABLES, NET | 9 Months Ended
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Sep. 28, 2024
Receivables [Abstract] |
RECEIVABLES, NET | RECEIVABLES, NET The following table summarizes our receivables and associated allowance for credit losses.
As of the Period Ended | September 28, 2024 |  | December 31, 2023
Trade accounts receivable | $ | 754.2 |  |  | $ | 641.3 |
Notes receivable | 19.7 |  |  | 25.5 |
Other (a) | 44.6 |  |  | 22.6 |
Receivables, gross | 818.5 |  |  | 689.4 |
Less: Allowance for credit losses | (16.5) |  |  | (14.2) |
Receivables, net | $ | 802.0 |  |  | $ | 675.2 |
(a) Other receivables as of September 28, 2024 include $17.0 estimated working capital recovery related to the sale of the Wolverine business. The following table displays a rollforward of our total allowance for credit losses.
| September 28, 2024 |  | September 30, 2023
Total allowance for credit losses - January 1 | $ | 14.2 |  |  | $ | 12.2 |
Charges to income | 4.5 |  |  | 3.4 |
Write-offs | (2.6) |  |  | (1.2) |
Foreign currency and other | 0.4 |  |  | (0.1) |
Total allowance for credit losses - ending balance | $ | 16.5 |  |  | $ | 14.3 |

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- Definition The entire disclosure for claims held for amounts due to 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 -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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- References No definition available. + Details
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