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Valuation and Qualifying Accounts and Reserves
 12 Months Ended
Dec. 31, 2014
Valuation And Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts and Reserves

SEALED AIR CORPORATION AND SUBSIDIARIES

SCHEDULE II

Valuation and Qualifying Accounts and Reserves

Years Ended December 31, 2014, 2013 and 2012

 

 

 

Balance

 

 

Charged

 

 

 

 

 

 

Foreign

 

 

 

 

 

 

 

at

 

 

to

 

 

 

 

 

 

Currency

 

 

 

 

 

 

 

Beginning

 

 

Costs and

 

 

 

 

 

 

Translation

 

 

Balance at

 

Description

 

of Year

 

 

Expenses

 

 

Deductions

 

 

and Other

 

 

End of Year

 

(in millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

31.4

 

 

$

8.0

 

 

$

(7.2

)

(1)

$

(3.4

)

 

$

28.8

 

Inventory obsolescence reserve

 

$

24.9

 

 

$

9.2

 

 

$

(1.6

)

(2)

$

(2.9

)

 

$

29.6

 

Year ended December 31, 2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

25.6

 

 

$

11.6

 

 

$

(5.4

)

(1)

$

(0.4

)

 

$

31.4

 

Inventory obsolescence reserve

 

$

27.5

 

 

$

(0.3

)

 

$

(1.5

)

(2)

$

(0.8

)

 

$

24.9

 

Year ended December 31, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

15.9

 

 

$

14.3

 

 

$

(7.8

)

(1)

$

3.2

 

 

$

25.6

 

Inventory obsolescence reserve

 

$

23.3

 

 

$

13.9

 

 

$

(14.1

)

(2)

$

4.4

 

 

$

27.5

 

 

 

(1) 

Primarily accounts receivable balances written off, net of recoveries.

(2) 

Primarily items removed from inventory.