Baker Hughes 2013 Annual Report Download - page 119
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Baker Hughes Incorporated89
Baker Hughes Incorporated
Schedule II - Valuation and Qualifying Accounts
(In millions)
Balance at
Beginning
of Period
Charged to
Cost and
Expenses
Write-
offs (1) Other
Changes (2) (3)
Balance at
End of
Period
Year Ended December 31, 2013
Reserve for doubtful accounts receivable $ 308 $ 75 $ (115) $ (30) $ 238
Reserve for inventories 346 85 (46) (3) 382
Year Ended December 31, 2012
Reserve for doubtful accounts receivable 229 100 (22) 1 308
Reserve for inventories 304 68 (28) 2 346
Year Ended December 31, 2011
Reserve for doubtful accounts receivable 162 84 (18) 1 229
Reserve for inventories 322 16 (36) 2 304
(1) Represents the elimination of accounts receivable and inventory deemed uncollectible or worthless.
(2) Represents transfers, currency translation adjustments and divestitures.
(3) For the year ended December 31, 2013, the reserve for doubtful accounts receivable includes a $30 million
reduction due to the currency devaluation in Venezuela.