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ACCOUNTS AND NOTES RECEIVABLE, NET (Tables)
 12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Accounts and Financing Receivable
(Millions of Dollars)December 31, 2022January 1, 2022
Trade accounts receivable$1,142.0 $1,398.2 
Trade notes receivable100.1 75.3 
Other accounts receivable95.5 104.1 
Accounts and notes receivable1,337.6 1,577.6 
Allowance for credit losses(106.6)(95.9)
Accounts and notes receivable, net$1,231.0 $1,481.7 
Accounts Receivable, Allowance for Credit Loss
The changes in the allowance for credit losses for the years ended December 31, 2022 and January 1, 2022 are as follows:
(Millions of Dollars)20222021
Balance beginning of period$95.9 $106.2 
Charged to costs and expenses14.3 — 
Other, including recoveries and deductions (a)(3.6)(10.3)
Balance end of period$106.6 $95.9 
(a) Amounts represent charge-offs less recoveries, the impacts of foreign currency translation, acquisitions, divestitures and net transfers to/from other accounts.