McKesson 2009 Annual Report Download - page 26

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McKESSON CORPORATION
20
SCHEDULE II
SUPPLEMENTARY CONSOLIDATED FINANCIAL STATEMENT SCHEDULE
VALUATION AND QUALIFYING ACCOUNTS
For the Years Ended March 31, 2009, 2008 and 2007
(In millions)
Additions
Description
Balance at
Beginning of
Year
Charged to
Costs and
Expenses
Charged to
Other
Accounts (3)
Deductions
From
Allowance
Accounts (1)
Balance at
End of
Year (2)
Year Ended March 31, 2009
Allowances for doubtful
accounts ..................................$ 163 $ 27 $ 3 $ (41) $ 152
Other allowances ........................ 9 6 1 (4) 12
$ 172 $ 33 $ 4 $ (45) $ 164
Year Ended March 31, 2008
Allowances for doubtful
accounts ..................................$ 139 $ 41 $ 17 $ (34) $ 163
(4)
Other allowances ........................ 11 - - (2) 9
$ 150 $ 41 $ 17 $ (36) $ 172
Year Ended March 31, 2007
Allowances for doubtful
accounts ..................................$ 124 $ 24 $ 15 $ (24) $ 139
(4)
Other allowances ........................ 7 4 - - 11
$ 131 $ 28 $ 15 $ (24) $ 150
2009 2008 2007
(1) Deductions:
Written off ..........................................................................$ 27 $ 32 $ 24
Operation sold..................................................................... 6 - -
Credited to other accounts................................................... 12 2 -
Total....................................................................................$ 45 $ 34 $ 24
(2) Amounts shown as deductions from receivables $ 164 $ 172 $ 150
(3) Primarily represents additions relating to acquisitions.
(4) Includes a $10 million allowance for non-current receivables.