RECEIVABLES, NET

6 Months Ended

Jul. 04, 2026

The following table summarizes our receivables and associated allowance for credit losses.


As of the Period Ended	July 4, 2026		December 31, 2025
Trade accounts receivable	$	1,040.8	$	737.7
Notes receivable	10.0		7.8
Other	37.3		29.1
Receivables, gross	1,088.1		774.6
Less: Allowance for credit losses	(17.9)		(18.5)
Receivables, net	$	1,070.2	$	756.1

The following table displays a rollforward of our allowance for credit losses on receivables and contract assets.


	July 4, 2026		June 28, 2025
Total allowance for credit losses - January 1	$	18.5	$	14.2

Charges to income	3.5		0.9
Write-offs	(4.1)		(1.2)
Foreign currency and other	—		1.6
Total allowance for credit losses - ending balance	$	17.9	$	15.5