XML 41 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Schedule II National Oilwell Varco, Inc. Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2018
Valuation And Qualifying Accounts [Abstract]  
Schedule II National Oilwell Varco, Inc. Valuation and Qualifying Accounts

SCHEDULE II

NATIONAL OILWELL VARCO, INC.

VALUATION AND QUALIFYING ACCOUNTS

Years Ended December 31, 2018, 2017 and 2016

(in millions)

 

 

 

Balance

beginning

of year

 

 

Additions

(Deductions)

charged to

costs and

expenses

 

 

Charge off's

and other

 

 

Balance

end of

year

 

Allowance for doubtful accounts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

$

187

 

 

$

17

 

 

$

(43

)

 

$

161

 

2017

 

 

209

 

 

 

6

 

 

 

(28

)

 

 

187

 

2016

 

 

159

 

 

 

52

 

 

 

(2

)

 

 

209

 

Reserve for excess and obsolete inventories:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

$

800

 

 

$

49

 

 

$

(205

)

 

$

644

 

2017

 

 

1,017

 

 

 

114

 

 

 

(331

)

 

 

800

 

2016

 

 

500

 

 

 

606

 

 

 

(89

)

 

 

1,017

 

Valuation allowance for deferred tax assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

$

1,202

 

 

$

49

 

 

$

(296

)

 

$

955

 

2017

 

 

544

 

 

 

280

 

 

 

378

 

 

 

1,202

 

2016

 

 

63

 

 

 

476

 

 

 

5

 

 

 

544

 

Warranty reserve:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

$

135

 

 

$

38

 

 

$

(68

)

 

$

105

 

2017

 

 

172

 

 

 

46

 

 

 

(83

)

 

 

135

 

2016

 

 

244

 

 

 

50

 

 

 

(122

)

 

 

172