VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2012

VALUATION AND QUALIFYING ACCOUNTS

NOTE 19 VALUATION AND QUALIFYING ACCOUNTS

Accounts receivable allowances primarily represent adjustments to customer billings that are estimated when the related revenue is recognized and also represents an estimate for uncollectible accounts. The valuation allowance on deferred tax assets relates to foreign net operating losses for which realization is uncertain. Below is a summary of activity for both allowances:

Year Ended December 31,	Balance at Beginning of the Year			Additions			Write-offs and Adjustments		Balance at End of the Year
2012
Accounts receivable allowance	$	(28.0	)	$	(44.3	)	$	43.2	$	(29.1	)
Deferred tax assets – valuation allowance	$	(13.9	)	$	(3.1	)	$	1.8	$	(15.2	)
2011
Accounts receivable allowance	$	(33.0	)	$	(40.6	)	$	45.6	$	(28.0	)
Deferred tax assets – valuation allowance	$	(12.8	)	$	(4.0	)	$	2.9	$	(13.9	)
2010
Accounts receivable allowance	$	(24.6	)	$	(46.5	)	$	38.1	$	(33.0	)
Deferred tax assets – valuation allowance	$	(4.5	)	$	(8.8	)	$	0.5	$	(12.8	)