SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS


(In millions)	Balance at Beginning of Period		(Benefits)/ Charges to Income		Deductions(a)		Other( b)		Balance at End of Period
Year Ended December 31, 2022:
Allowance for doubtful accounts	$	4	$	1	$	—	$	—	$	5
Valuation allowance for deferred taxes	1,207		(61)		—		(26)		1,120
Year Ended December 31, 2021:
Allowance for doubtful accounts	$	4	$	—	$	—	$	—	$	4
Valuation allowance for deferred taxes	1,263		(10)		—		(46)		1,207
Year Ended December 31, 2020:
Allowance for doubtful accounts	$	10	$	(2)	$	(4)	$	—	$	4
Valuation allowance for deferred taxes	1,132		46		—		85		1,263

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(a)Deductions represent uncollectible accounts charged off.

(b)Deferred taxes valuation allowance - represents adjustments recorded through other comprehensive income, exchange, expiration of tax attribute carryforwards, and various tax return true-up adjustments, all of which impact deferred taxes and the related valuation allowances. In 2022, the $26 million other decrease in the valuation allowance for deferred taxes is comprised of $15 million related to exchange and $11 million primarily related to other comprehensive income. In 2021, the $46 million other decrease in the valuation allowance for deferred taxes is comprised of $28 million related to exchange and $18 million primarily related to other comprehensive income. In 2020, the $85 million other increase in the valuation allowance for deferred taxes is comprised of $49 million related to valuation allowance benefits allocated to discontinued operations associated with electing to deduct expiring foreign tax credits previously derecognized for which a valuation allowance is maintained; $20 million related to exchange; and $16 million primarily related to other comprehensive income.