XML 61 R38.htm IDEA: XBRL DOCUMENT v3.22.4
Accounts and Other Receivables (Tables)
 12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Schedule of Components of Accounts And Other Receivables
Accounts and other receivables at December 31 consisted of the following:
 20222021
 CurrentLong-termCurrentLong-term
Total trade receivables 1
$626.8 $— $634.9 $.2 
Allowance for doubtful accounts-trade receivables 1
(17.8)— (14.9)(.1)
Trade receivables, net$609.0 $— $620.0 $.1 
Other notes receivable 1
$— $22.4 $.7 $22.5 
Taxes receivable, including income taxes5.0 — 4.3 — 
Value-added taxes recoverable 2
45.4 — 14.5 — 
Other receivables15.6 — 12.0 — 
Allowance for doubtful accounts - Other notes receivable 1
— (21.2)— (22.0)
Other receivables, net$66.0 $1.2 $31.5 $.5 

1     The “Total trade receivables” and “Other notes receivable” line items above include $21.3 and $22.5 as of December 31, 2022 and December 31, 2021, respectively, from a customer in our Bedding Products segment who has been experiencing financial difficulty and liquidity problems since 2018. They were delinquent with an interest payment in 2020, and as a result, we increased and fully reserved the balances for this customer in 2020. The reserve for this customer was $21.3 ($21.2 for the note and $.1 for the trade receivable) at December 31, 2022, and $22.5 ($22.0 for the note and $.5 for the trade receivable) at December 31, 2021.
2     Our value-added taxes recoverable have increased $30.9 since December 31, 2021, primarily as a result of refund delays from the Mexican government. We believe that these are fully collectible.
Schedule of Allowance For Doubtful Accounts Activity related to the allowance for doubtful accounts is reflected below:
Balance at December 31, 2020Add:
Charges		Less: Net
Charge-offs/(Recoveries) and Other		Balance at December 31, 2021Add:
Charges		Less: Net
Charge-offs/(Recoveries) and Other		Balance at December 31, 2022
Total trade receivables$19.2 $(2.6)$1.6 $15.0 $4.0 $1.2 $17.8 
Other notes receivable22.8 (.8)— 22.0 (.8)— 21.2 
Total allowance for doubtful accounts$42.0 $(3.4)$1.6 $37.0 $3.2 $1.2 $39.0