Cardinal Health 2008 Annual Report Download - page 160
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CARDINAL HEALTH, INC. AND SUBSIDIARIES
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
Description
Balance at
Beginning
of Period
Charged to
Costs and
Expenses
Charged to
Other
Accounts (1)(2) Deductions (3)
Balance at
End
of Period
(In millions)
Fiscal Year 2008:
Accounts receivable .................. $118.8 $26.4 $ 4.1 $(24.6) $124.7
Finance notes receivable ............... 4.3 (0.2) 1.9 (1.6) 4.4
Net investment in sales-type leases ...... 5.8 (0.1) — 0.9 6.6
$128.9 $26.1 $ 6.0 $(25.3) $135.7
Fiscal Year 2007:
Accounts receivable .................. $104.7 $23.8 $ 6.9 $(16.6) $118.8
Finance notes receivable ............... 15.1 1.0 — (11.8) 4.3
Net investment in sales-type leases ...... 6.6 (0.8) — — 5.8
$126.4 $24.0 $ 6.9 $(28.4) $128.9
Fiscal Year 2006:
Accounts receivable .................. $ 97.6 $17.5 $ 8.3 $(18.7) $104.7
Finance notes receivable ............... 4.5 11.0 0.1 (0.5) 15.1
Net investment in sales-type leases ...... 13.9 (3.9) — (3.4) 6.6
$116.0 $24.6 $ 8.4 $(22.6) $126.4
(1) During fiscal 2008, 2007 and 2006 recoveries of amounts provided for or written off in prior years were
$3.5 million, $0.8 million and $2.5 million, respectively.
(2) In fiscal 2008, 2007 and 2006, $0.1 million, $6.1 million and $11.9 million, respectively, relates to the
beginning balance for acquisitions accounted for as purchase transactions.
(3) Write-off of uncollectible accounts.
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