EX-99.1 9 t1600676_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

The Chemours Company
Schedule II - Valuation and Qualifying Accounts

 

   Year Ended December 31, 
(Dollars in millions)  2015   2014   2013 
Accounts Receivable - Allowance for Doubtful Accounts               
Balance at beginning of period  $4   $7   $6 
Additions charged to expenses   1    1    2 
Deductions from reserves 1       (4)   (1)
Currency translation   (1)        
Balance at end of period  $4   $4   $7 
Deferred Tax Assets - Valuation Allowance               
Balance at beginning of period  $36   $26   $19 
Net charges to income tax expense       10    7 
Release of valuation allowance 2   (36)        
Balance at end of period  $   $36   $26 

 

1Bad debt write-offs were less than $1 for the year ended December 31, 2015.
2Release of valuation allowance during 2015 was primarily related to the tax attributes retained by DuPont pursuant to the tax matters agreement.