Nordstrom 2009 Annual Report Download - page 72

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64
NORDSTROM, INC. AND SUBSIDIARIES
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
(Dollars in millions)
Column A
Column B
Column C
Column D
Column E
Additions
Description
Balance at beginning
of period
Charged to costs
and expenses
Deductions
Balance at end
of period
Deducted from related consolidated balance sheet account
Allowance for doubtful accounts:
Year ended:
January 30, 2010 $138 $251 $199 (B) $190
January 31, 2009 73 173 108 (B) 138
February 2, 2008 17 86 (A) 30 (B) 73
Reserves
Allowance for sales return, net:
Year ended:
January 30, 2010 $70 $1,030 $1,024 (C) $76
January 31, 2009 56 1,051 1,037 (C) 70
February 2, 2008 55 1,023 1,022 (C) 56
(A) These expenses do not include write-offs of $21 related to the one-time transition of our VISA portfolio to on-balance sheet, which are included in credit selling, general and
administrative expenses.
(B) Deductions consist of write-offs of uncollectible accounts, net of recoveries.
(C) Deductions consist of actual returns offset by the value of the merchandise returned and the sales commission reversed.