Receivables

3 Months Ended

Mar. 29, 2026

Total receivables balances at March 29, 2026 and December 28, 2025 were as follows:


Receivables	March 29, 2026		December 28, 2025
	(In millions)
Accounts receivable	$	75.8	$	75.2
Gift card receivables	6.7		33.3
Notes receivable	20.8		20.9

Leases receivable	23.3		24.8


Other receivables	3.4		4.9
	130.0		159.1
Less: allowance for doubtful accounts and notes receivable	(8.6)		(6.3)
	121.4		152.8
Less: current portion	(89.5)		(119.0)
Long-term receivables	$	31.9	$	33.8

Changes in the allowance for credit losses during the three months ended March 29, 2026 were as follows:



	Total
	(In millions)
Balance, December 28, 2025	$	6.3
Bad debt expense	2.2
Other	0.1


Balance, March 29, 2026	$	8.6

The $2.2 million of bad debt expense recorded for the three months ended March 29, 2026 is primarily due to $1.5 million recorded for accounts receivable and $0.6 million recorded for notes receivable. The Company's primary credit quality indicator for all portfolio segments is delinquency.

The year of origination of the Company's notes and financing receivables at March 29, 2026 is as follows:



	Notes receivable, short- and long-term		Leases Receivables		Total
	(In millions)
2026	$	1.0	$	—	$	1.0
2025	8.0		1.4		9.4
2024	6.9		1.8		8.7
2023	4.4		3.2		7.6
2022	0.2		7.3		7.5
Prior	0.2		9.6		9.8
Total	$	20.7	$	23.3	$	44.0

Dine Brands Global, Inc. 10-Q