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Schedule II Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2021

Valuation And Qualifying Accounts [Abstract]

Schedule II Valuation and Qualifying Accounts

Schedule II Valuation and Qualifying Accounts

For the years ended December 31, 2021, 2020 and 2019


(In millions)		Balance at Beginning of Period				Charged to Expense				Reclassifications (c)				Write-offs and Deductions (a)				Business Acquisition (b)				Balance at End of Period
2021:
Allowance for cash discounts and sales allowances		$	21.0			$	241.8			$	(3.5	)		$	245.8			$	—			$	13.5
Allowance for credit losses			6.7				5.9				—				4.4				—				8.2
Customer program allowance			132.0				278.7				23.4				250.8				—				183.3
Allowance for deferred tax assets			9.7				4.6				6.2				—				—				20.5
2020:
Allowance for cash discounts and sales allowances		$	17.0			$	258.3			$	(28.8	)		$	228.3				2.8			$	21.0
Allowance for credit losses			3.0				5.1				2.2				3.6				—				6.7
Customer program allowance			79.9				—				52.1				—				—				132.0
Allowance for deferred tax assets			16.8				(7.1	)			—				—				—				9.7
2019:
Allowance for cash discounts and sales allowances		$	16.4			$	198.6			$	(11.7	)		$	186.3			$	—			$	17.0
Allowance for credit losses			3.7				1.6				—				2.3				—				3.0
Customer program allowance			68.2				—				11.7				—				—				79.9
Allowance for deferred tax assets			13.3				3.5				—				—				—				16.8

(a)

Net of recoveries of amounts written off in prior years and immaterial foreign currency impact.

(b)

Represents purchase accounting adjustment related to the Larson acquisition within our Outdoors & Security segment in 2020.

(c)

Represents the reclassification of certain liabilities to customer program allowance due to the adoption of CECL across all segments for 2021, 2020 and 2019.