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Receivables, Net
3 Months Ended
Mar. 31, 2017
Receivables [Abstract]  
Receivables, Net
RECEIVABLES, NET
The components of receivables, net of allowance for doubtful accounts, are as follows:
 
March 31,
2017
 
December 31,
2016
Trade receivables
$
144.1

 
$
147.6

Manufacturer receivables
203.6

 
234.9

Other
49.2

 
48.7

 
396.9

 
431.2

Less: allowances for doubtful accounts
(5.0
)
 
(5.8
)
 
391.9

 
425.4

Contracts-in-transit and vehicle receivables
438.4

 
595.9

Income taxes receivable (see Note 6)

 
11.6

Receivables, net
$
830.3

 
$
1,032.9



Trade receivables represent amounts due for parts and services that have been delivered or sold, excluding amounts due from manufacturers, as well as receivables from finance organizations for commissions on the sale of financing products. Manufacturer receivables represent amounts due from manufacturers for holdbacks, rebates, incentives, floorplan assistance, and warranty claims. Contracts-in-transit and vehicle receivables primarily represent receivables from financial institutions for the portion of the vehicle sales price financed by our customers.
We evaluate our receivables for collectability based on the age of receivables and past collection experience.