Target 2012 Annual Report Download - page 87

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TARGET CORPORATION
Schedule II—Valuation and Qualifying Accounts
Fiscal Years 2012, 2011 and 2010
(millions)
Column A Column B Column C Column D Column E
Balance at Additions
Beginning of Charged to Balance at End
Description Period Cost, Expenses Deductions of Period
Allowance for doubtful accounts:
2012 (a) $ 430 196 (626) $ —
2011 $ 690 154 (414) $430
2010 $1,016 528 (854) $690
Sales returns reserves (b):
2012 $ 38 1,249 (1,241) $ 46
2011 $ 38 1,238 (1,238) $ 38
2010 $ 41 1,146 (1,149) $ 38
(a) As of February 2, 2013, our receivables were classified as held for sale and recorded at the lower of cost (par) or fair value. As a result, we no
longer reported an allowance for doubtful accounts in our Consolidated Statements of Financial Position.
(b) These amounts represent the gross margin effect of sales returns during the respective years. Expected merchandise returns after year-end
for sales made before year-end were $114 million, $98 million and $97 million for 2012, 2011 and 2010, respectively.
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