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SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
For the three years ended December 31, 2015
(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
2015 Allowance for Losses:
Accounts Receivable $ 88 $ 25 $ 5 $ (38) $ 80
Finance Receivables 131 28 — (41) 118
$ 219 $ 53 $ 5 $ (79) $ 198
2014 Allowance for Losses:
Accounts Receivable $ 112 $ 20 $ (3) $ (41) $ 88
Finance Receivables 154 33 3 (59) 131
$ 266 $ 53 $ — $ (100) $ 219
2013 Allowance for Losses:
Accounts Receivable $ 108 $ 39 $ (2) $ (33) $ 112
Finance Receivables 170 81 5 (102) 154
$ 278 $ 120 $ 3 $ (135) $ 266
__________
(1) Bad debt provisions relate to estimated losses due to credit and similar collectibility 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.
Xerox 2015 Annual Report 134