SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

SCHEDULE II

ACTIVISION BLIZZARD, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

(Amounts in millions)

Col. A Description	Col. B Balance at Beginning of Period		Col. C Additions(A)		Col. D Deductions(B)		Col. E Balance at End of Period
At December 31, 2022
Allowances for sales returns and price protection and other allowances	$	17	$	7	$	(8)	$	16
Valuation allowance for deferred tax assets	$	278	$	33	$	(6)	$	305
At December 31, 2021
Allowances for sales returns and price protection and other allowances	$	63	$	3	$	(49)	$	17
Valuation allowance for deferred tax assets	$	228	$	52	$	(2)	$	278
At December 31, 2020
Allowances for sales returns and price protection and other allowances	$	118	$	(29)	$	(26)	$	63
Valuation allowance for deferred tax assets	$	181	$	49	$	(2)	$	228

(A)Includes increases and reversals of allowances for sales returns, price protection, and valuation allowance for deferred tax assets due to normal reserving terms.

(B)Includes actual write-offs and utilization of allowances for sales returns, price protection, and releases of income tax valuation allowances and foreign currency translation and other adjustments.