XML 60 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Schedule II - Valuation and Qualifying Accounts Schedule II - Valuation and Qualifying Accounts (Tables)
 12 Months Ended
Dec. 31, 2017
Valuation and Qualifying Accounts Disclosure [Line Items]  
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]
Schedule II - VALUATION AND QUALIFYING ACCOUNTS

 
 
 
Additions -
 
 
 
 
 
 
 
 
 
Balance at
 
Charged to
 
Acquisitions
 
Deductions -
 
 
 
Balance
 
Beginning of
 
Costs and
 
and
 
See Notes
 
 
 
At End of
 
Period
 
Expenses
 
Other (a)
 
Below
 
 
 
Period
 
(in millions)
Year Ended December 31, 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
$
4.6

 
$
2.5

 
$
—

 
$
2.8

 
(1) 
 
$
4.3

 
 
 
 
 
 
 
 
 
 
 
 
Allowance for deferred taxes
156.9

 
31.9

 
—

 
21.5

 
(3) 
 
167.3

 
 
 
 
 
 
 
 
 
 
 
 
Inventory valuation allowance
27.9

 
11.1

 
(12.2
)
 
9.7

 
(2) 
 
17.1

 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
4.3

 
0.4

 
—

 
1.6

 
(1) 
 
3.1

 
 
 
 
 
 
 
 
 
 
 
 
Allowance for deferred taxes
167.3

 
18.4

 
—

 
20.9

 
(4) 
 
164.8

 
 
 
 
 
 
 
 
 
 
 
 
Inventory valuation allowance
17.1

 
7.5

 
—

 
9.8

 
(2) 
 
14.8

 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts
3.1

 
4.6

 
2.1

 
2.8

 
(1) 
 
7.0

 
 
 
 
 
 
 
 
 
 
 
 
Allowance for deferred taxes
164.8

 
26.6

 
13.7

 
24.7

 
(5) 
 
180.4

 
 
 
 
 
 
 
 
 
 
 
 
Inventory valuation allowance
14.8

 
39.1

 
9.2

 
45.8

 
(2) 
 
17.3

 
 
 
 
 
 
 
 
 
 
 
 


(a)
Amounts represent reserves recognized in conjunction with our acquisitions in 2017, as well as the impact of eliminating our reserves on indirect inventory as a result of our change in accounting principle during the second quarter of 2017, which was retrospectively adjusted in the earliest period presented. See Note 1 - Organization and Summary of Significant Accounting Policies for further information on the change in accounting principle.

(1)
Uncollectible accounts charged off net of recoveries.

(2)
Primarily relates to inventory adjustments for physical quantity discrepancies and write-offs of excess and obsolete inventories.

(3)
Primarily reflects a reduction in deferred tax assets at various foreign locations due to foreign currency translation.

(4)
Primarily reflects a reduction in deferred tax assets at various foreign locations due to foreign currency translation, as well as the reversal of the valuation allowance of $5.4 million against our deferred tax assets in China.

(5)
Reflects an increase related to valuation allowances of MPG that existed as of the acquisition date and the impact of tax reform resulting from the 2017 Act. This was partially offset by the reversal of certain state valuation allowances as a result of re-evaluating our state valuation allowances subsequent to the acquisition of MPG.