Voya 2013 Annual Report Download - page 409

ING U.S., Inc.
Schedule V
Valuation and Qualifying Accounts
Years Ended December 31, 2013, 2012 and 2011
(In millions)
Balance at
January 1,
Charged to
Costs and
Expenses
Write-offs/
Payments/
Other
Balance at
December 31,
2013
Valuation allowance on deferred tax assets ............... $2,974.1 $ (86.6) $ (65.6)(1) $2,821.9
2012
Valuation allowance on deferred tax assets ............... $2,875.0 $ 99.1 $ — $2,974.1
2011
Valuation allowance on deferred tax assets ............... $3,087.0 $175.0 $(387.0)(1) $2,875.0
(1) For 2013 and 2011, these amounts represent valuation allowances allocated to Other comprehensive income
directly related to the appreciation of the Company’s available-for-sale portfolio, and not pertaining to
expectations of taxable income in future years.
399