Sears 2015 Annual Report Download - page 120

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Sears Holdings Corporation
Schedule€II-Valuation and Qualifying Accounts
Years 2015, 2014 and 2013
€
millions
Balance€at
beginning
of period
Additions
charged€to
costs€and
expenses€ (Deductions)
Balance€at
end€of€period
Allowance for Doubtful Accounts(1):
2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25 $10 $(1) $ 34
2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 2 (9)25
2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 6 (2)32
Allowance for Deferred Tax Assets(2):
2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,478 603 (324)4,757
2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,366 1,392 (280)4,478
2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,743 726 (103)3,366
__________________
(1) Charges to the account are for the purposes for which the reserves were created.
(2) The valuation allowance increased primarily due to the increase in other federal and state deferred tax assets
and decreased primarily due to the utilization of federal and state NOL's against 2015 taxable income and state
NOL expirations.
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