Kimberly-Clark 2015 Annual Report Download - page 75
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Please find page 75 of the 2015 Kimberly-Clark annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
FOR THE YEARS ENDED DECEMBER 31, 2015 , 2014 AND 2013
(Millions of dollars)
Description
Balance at
Beginning
of Period
Additions
Deductions
Charged to
Costs and
Expenses
Charged to
Other
Accounts (a)
Write-Offs and
Reclassifications
Balance
at End of
Period
December 31, 2015
Allowancesdeductedfromassetstowhichtheyapply
Allowancefordoubtfulaccounts $ 50
$ 12
$ (10)
$ 2 (b) $ 50
Allowancesforsalesdiscounts 16
256
(1)
256 (c) 15
December 31, 2014
Allowancesdeductedfromassetstowhichtheyapply
Allowancefordoubtfulaccounts $ 51
$ 13
$(7)
$ 7 (b) $ 50
Allowancesforsalesdiscounts 20
265
(1)
268 (c) 16
December 31, 2013
Allowancesdeductedfromassetstowhichtheyapply
Allowancefordoubtfulaccounts $ 60
$ —
$(4)
$ 5 (b) $ 51
Allowancesforsalesdiscounts 20
275
(1)
274 (c) 20
(a) Includesbaddebtrecoveriesandtheeffectsofchangesinforeigncurrencyexchangerates.
(b) Primarilyuncollectiblereceivableswrittenoff.
(c) Salesdiscountsallowed.
Additions
Description
Balance at
Beginning
of Period
Charged to
Costs and
Expenses
Charged to
Other
Accounts
Deductions (a)
Balance
at End
of Period
December 31, 2015
Deferredtaxes
Valuationallowance $ 215
$ 78
$ —
$ 19
$ 274
December 31, 2014
Deferredtaxes
Valuationallowance $ 197
$ 30
$ —
$ 12
$ 215
December 31, 2013
Deferredtaxes
Valuationallowance $ 215
$ (11)
$ —
$ 7
$ 197
(a) Representsthenetcurrencyeffectsoftranslatingvaluationallowancesatcurrentratesofexchange.
71 KIMBERLY-CLARKCORPORATION - 2015 Annual Report