Kimberly-Clark 2007 Annual Report Download - page 112

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KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
FOR THE YEARS ENDED DECEMBER 31, 2007, 2006 AND 2005
(Millions of dollars)
Description
Balance at
Beginning
of Period
Additions Deductions
Balance at
End of
Period
Charged to
Costs and
Expenses
Charged
to Other
Accounts(a)
Write-Offs
and
Reclassifications
December 31, 2007
Allowances deducted from assets to which
they apply
Allowance for doubtful accounts ..... $38.9 $ 14.8 $4.0 $ 7.1(b) $50.6
Allowances for sales discounts ....... 19.8 252.2 .7 250.2(c) 22.5
December 31, 2006
Allowances deducted from assets to which
they apply
Allowance for doubtful accounts ..... $35.8 $ 11.7 $3.2 $ 11.8(b) $38.9
Allowances for sales discounts ....... 21.6 274.6 .9 277.3(c) 19.8
December 31, 2005
Allowances deducted from assets to which
they apply
Allowance for doubtful accounts ..... $42.5 $ 8.9 $ (.6) $ 15.0(b) $35.8
Allowances for sales discounts ....... 20.1 249.5 (.7) 247.3(c) 21.6
(a) Includes bad debt recoveries and the effects of changes in foreign currency exchange rates.
(b) Primarily uncollectible receivables written off.
(c) Sales discounts allowed.
92