v2.4.0.6
Schedule II-Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2010
Schedule II-Valuation and Qualifying Accounts  
Schedule II-Valuation and Qualifying Accounts

Schedule II—Valuation and Qualifying Accounts
(US$ in millions)

 
   
  Additions    
   
 
Description
  Balance at
beginning of
period
  Charged to
costs and
expenses
  Charged to
other
accounts(b)
  Deductions
from reserves
  Balance
at end of
period
 

FOR THE YEAR ENDED
DECEMBER 31, 2008

                               

Allowances for doubtful accounts (a)

  $ 285     95     (46 )   (43)   (c) $ 291  

Allowance for secured advances to suppliers

  $ 52     33     (14 )   (34)   (c) $ 37  

Allowances for recoverable taxes

  $ 135     20     (37 )   (14 ) $ 104  

Income tax valuation allowance

  $ 33     47     14   (d)     $ 94  

FOR THE YEAR ENDED
DECEMBER 31, 2009

                               

Allowances for doubtful accounts (a)

  $ 291     75     84     (100)   (c) $ 350  

Allowance for secured advances to suppliers

  $ 37     21     17       $ 75  

Allowances for recoverable taxes

  $ 104     34     31     (5 ) $ 164  

Income tax valuation allowance

  $ 94     50     5     (33 ) $ 116  

FOR THE YEAR ENDED
DECEMBER 31, 2010

                               

Allowances for doubtful accounts (a)

  $ 350     58     3     (111)   (c) $ 300  

Allowance for secured advances to suppliers

  $ 75     17     3     (8 ) $ 87  

Allowances for recoverable taxes

  $ 164     20     (20 )   (46)   (e) $ 118  

Income tax valuation allowance

  $ 116     128     1       $ 245  

(a)
This includes an allowance for doubtful accounts for current and non-current trade accounts receivables.

(b)
This consists primarily of foreign exchange translation adjustments.

(c)
Such amounts include write-offs of uncollectible accounts.

(d)
This includes a reclassification from uncertain tax liabilities and a deferred tax asset adjustment.

(e)
This includes $39M related to the sale of nutrients assets.