Xerox 2013 Annual Report Download - page 144

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SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
For the three years ended December 31, 2013
(in millions)
Balance
at beginning
of period
Additions
charged to
bad debt
provision (1)
Amounts
(credited)
charged to
other income
statement
accounts (1)
Deductions
and other, net
of recoveries (2)
Balance
at end
of period
2013 Allowance for Losses:
Accounts Receivable $ 108 $ 39 $ (2) $ (33) $ 112
Finance Receivables 170 81 5 (102) 154
$ 278 $ 120 $ 3 $ (135) $ 266
2012 Allowance for Losses:
Accounts Receivable $ 102 $ 44 $ 3 $ (41) $ 108
Finance Receivables 201 75 5 (111) 170
$ 303 $ 119 $ 8 $ (152) $ 278
2011 Allowance for Losses:
Accounts Receivable $ 112 $ 57 $ (1) $ (66) $ 102
Finance Receivables 212 100 (2) (109) 201
$ 324 $ 157 $ (3) $ (175) $ 303
__________
(1) Bad debt provisions relate to estimated losses due to credit and similar collectability issues. Other charges (credits) relate to adjustments to
reserves necessary to reflect events of non-payment such as customer accommodations and contract terminations.
(2) Deductions and other, net of recoveries primarily relates to receivable write-offs, but also includes the impact of foreign currency translation
adjustments and recoveries of previously written off receivables.
127