Schedule II—Valuation and Qualifying
Schedule II—Valuation and Qualifying
Accounts
Accounts
December 29, 2007, December 30, 2006, and December 31, 2005
(In Millions)
| Balance at Beginning of Year | Additional Charged (Credited) to Expenses | Net Deductions (Recoveries) | Balance at End of Year | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Allowance for doubtful receivables(1) | ||||||||||||
| 2007 | $ | 32 | $ | (6) | $ | (1) | $ | 27 | ||||
| 2006 | $ | 64 | $ | (19) | $ | 13 | $ | 32 | ||||
| 2005 | $ | 43 | $ | 35 | $ | 14 | $ | 64 | ||||
| Valuation allowance for deferred tax assets | ||||||||||||
| 2007 | $ | 87 | $ | 46 | $ | — | $ | 133 | ||||
| 2006 | $ | 86 | $ | 6 | $ | 5 | $ | 87 | ||||
| 2005 | $ | 75 | $ | 11 | $ | — | $ | 86 | ||||
| (1) | Deductions represent uncollectible accounts written off, net of recoveries. |