Dow Chemical 2015 Annual Report Download - page 162

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The Dow Chemical Company and Subsidiaries Schedule II
Valuation and Qualifying Accounts
In millions For the Years Ended December 31
COLUMN A COLUMN B COLUMN C - Additions COLUMN D COLUMN E
Description
Balance
at Beginning
of Year
Charged to
Costs and
Expenses
Charged to
Other
Accounts
Deductions
from
Reserves
Balance
at End
of Year
2015
RESERVES DEDUCTED FROM ASSETS TO WHICH THEY APPLY:
For doubtful receivables $ 110 $ 24 $ 2 (1) $ 42 (2) $ 94
Other investments and
noncurrent receivables $ 477 $ 108 $ — $ 91 $ 494
Deferred tax assets $ 1,106 $ 67 $ — $ 173 $ 1,000
2014
RESERVES DEDUCTED FROM ASSETS TO WHICH THEY APPLY:
For doubtful receivables $ 148 $ 53 $ 8 (1) $ 99 (2) $ 110
Other investments and
noncurrent receivables $ 454 $ 62 $ — $ 39 $ 477
Deferred tax assets $ 1,112 $ 126 $ — $ 132 $ 1,106
2013
RESERVES DEDUCTED FROM ASSETS TO WHICH THEY APPLY:
For doubtful receivables $ 121 $ 65 $ — $ 38 (2) $ 148
Other investments and
noncurrent receivables $ 467 $ 39 $ — $ 52 $ 454
Deferred tax assets $ 1,399 $ 214 $ — $ 501 $ 1,112
(1) Additions to reserves for doubtful receivables charged to other accounts were classified as "Accounts and notes receivable - Other" in
the consolidated balance sheets. These reserves relate to the Company's sale of trade accounts receivable. Anticipated credit losses in the
portfolio of receivables sold are used to fair value the Company's interests held in trade accounts receivable conduits. See Notes 12 and
16 to the Consolidated Financial Statements for further information.
(2) Deductions represent notes and accounts receivable written off, credits to profit and loss and other miscellaneous items.