Kraft 2013 Annual Report Download - page 87

Download and view the complete annual report

Please find page 87 of the 2013 Kraft 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.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

S-1
Kraft Foods Group, Inc.
Valuation and Qualifying Accounts
For the Years Ended December 28, 2013, December 29, 2012, and December 31, 2011
(in millions)
Col. A Col. B Col. C Col. D Col. E
Additions
Description
Balance at
Beginning
of Period
Charged to
Costs and
Expenses
Charged to
Other
Accounts Deductions
Balance at
End of
Period
(a) (b)
2013:
Allowances related to accounts
receivable $28 $1$ — $ 3 $ 26
Allowance for deferred taxes 26 — — 23 3
$54 $1$ — $ 26 $ 29
2012:
Allowances related to accounts
receivable $23 $9$ — $ 4 $ 28
Allowance for deferred taxes 34 (4) — 4 26
$57 $5$ — $ 8 $ 54
2011:
Allowances related to accounts
receivable $22 $5$ (2) $ 2 $ 23
Allowance for deferred taxes 22 12 — — 34
$44 $ 17 $ (2) $ 2 $ 57
Notes:
(a) Primarily related to divestitures and currency translation.
(b) Represents charges for which allowances were created.