ACCOUNTS AND NOTES RECEIVABLE, NET (Tables)

12 Months Ended

Dec. 30, 2023


(Millions of Dollars)	December 30, 2023		December 31, 2022
Trade accounts receivable	$	1,057.8	$	1,059.7
Notes receivable	66.9		100.1
Other accounts receivable	253.9		177.8
Accounts and notes receivable	1,378.6		1,337.6
Allowance for credit losses	(76.6)		(106.6)
Accounts and notes receivable, net	$	1,302.0	$	1,231.0

Accounts Receivable, Allowance for Credit Loss

The changes in the allowance for credit losses for the years ended December 30, 2023 and December 31, 2022 are as follows:


(Millions of Dollars)	2023		2022
Balance beginning of period	$	106.6	$	95.9
Charged to costs and expenses	8.7		14.3
Other, including recoveries and deductions (a)	(38.7)		(3.6)
Balance end of period	$	76.6	$	106.6

(a) Amounts represent charge-offs less recoveries, the impacts of foreign currency translation, divestitures and net transfers to/from other accounts.