Analyzing the Allowance for Uncollectible Accounts\ Following is the current asset section from the Ralph Lauren Corporation balance sheet:\ \ (in millions) 03/31/2018 04/01/2017\ Cash and cash equivalents $ 1,304.6 $ 668.3\ Short-term investments 699.4 684.7\ Accounts receivable, net of allowances of $222.2 and $214.4 421.4 450.2\ Inventories 761.3 791.5\ Income tax receivable 38.0 79.4\ Prepaid expenses and other current assets 323.7 280.4\ Total current assets $ 3,548.4 $ 2,954.5\ The 2018 allowance consists of $202.5 for returns and $19.7 for uncollectible accounts. The amounts for 2017 were $202.8 and $11.6 (all amounts in millions).\ Furthermore, Ralph Lauren reported net sales of $6,182.3 million in 2018.