Black & Decker 2015 Annual Report Download - page 62

Download and view the complete annual report

Please find page 62 of the 2015 Black & Decker annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 156

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

48
Schedule II — Valuation and Qualifying Accounts
Stanley Black & Decker, Inc. and Subsidiaries
Fiscal years ended January 2, 2016, January 3, 2015, and December 28, 2013
(Millions of Dollars)
ADDITIONS
Beginning
Balance
Charged To
Costs And
Expenses
Charged
To Other
Accounts (b) (a)
Deductions Ending
Balance
Allowance for Doubtful Accounts:
Year Ended 2015................................................ $ 60.7 $ 27.3 $ 0.7 $ (15.8) $ 72.9
Year Ended 2014................................................ $ 64.4 $ 20.9 $ (8.3) $ (16.3) $ 60.7
Year Ended 2013................................................ $ 58.7 $ 14.2 $ 5.2 $ (13.7) $ 64.4
Tax Valuation Allowance:
Year Ended 2015 (c).......................................... $ 551.9 $ 30.5 $ 1.7 $ (103.4) $ 480.7
Year Ended 2014................................................ $ 549.7 $ 90.0 $ (16.3) $ (71.5) $ 551.9
Year Ended 2013................................................ $ 545.2 $ 3.8 $ 14.6 $ (13.9) $ 549.7
(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) Refer to Note Q, Income Taxes, of the Notes to Consolidated Financial Statements in Item 8 for further discussion.