Baker Hughes 2009 Annual Report Download - page 148
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74 Baker Hughes Incorporated
BAKER HUGHES INCORPORATED
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
Balance at Charged Charged Balance at
Beginning to Cost and to Other End of
(In millions) of Period Expenses Write-offs (1) Accounts (2) Period
Year ended December 31, 2009
Reserve for doubtful accounts receivable $ 74 $ 94 $ (12) $ 1 $ 157
Reserve for inventories 244 101 (53) 5 297
Year ended December 31, 2008
Reserve for doubtful accounts receivable 59 31 (15) (1) 74
Reserve for inventories 221 61 (30) (8) 244
Year ended December 31, 2007
Reserve for doubtful accounts receivable 51 22 (10) (4) 59
Reserve for inventories 212 43 (37) 3 221
(1) Represents the elimination of accounts receivable and inventory deemed uncollectible or worthless.
(2) Represents reclassifications, currency translation adjustments and divestitures.