Black & Decker 2011 Annual Report Download - page 57

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45
Schedule II — Valuation and Qualifying Accounts
Stanley Black & Decker, Inc. and Subsidiaries
Fiscal years ended December 31, 2011, January 1, 2011, and January 2, 2010
(Millions of Dollars)
ADDITIONS
Beginning
Balance
Charged
to
Costs and
Expenses
Charged
To Other
Accounts(b)(c)
(a)
Deductions
Ending
Balance
Allowance for Doubtful Accounts:
Year Ended 2011 ................................................................
.........
$ 55.4
$ 15.9 $ 5.6
$ (13.0) $ 63.9
Year Ended 2010 ................................................................
.........
$ 31.2
$ 10.6 $ 24.6
$ (11.0) $ 55.4
Year Ended 2009 ................................................................
.........
$ 39.9
$ 13.6 $ (0.5) $ (21.8) $ 31.2
Tax Valuation Allowance:
Year Ended 2011 ................................................................
.........
$ 265.8
$ 75.3 $ 2.5
$ (34.9) $ 308.7
Year Ended 2010 ................................................................
.........
$ 24.4
$ 46.9 $ 199.1
$ (4.6) $ 265.8
Year Ended 2009 ................................................................
.........
$ 23.5
$ 2.4 $ 0.7
$ (2.2) $ 24.4
(a) With respect to the allowance for doubtful accounts, deductions represent amounts charged-off less recoveries of accounts
previously charged-off.
(b) Amounts represent the impact of foreign currency translation, acquisitions and net transfers to /from other accounts.
(c) For 2010, amount primarily represents beginning tax valuation allowance as adjusted from the Merger.
Amounts in the table above have been recast from prior year to reflect the three divested businesses that were classified as
discontinued operations during 2011.