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Schedule II-Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2022
Schedule II-Valuation and Qualifying Accounts  
Schedule II-Valuation and Qualifying Accounts

Watts Water Technologies, Inc. and Subsidiaries

Schedule II—Valuation and Qualifying Accounts

(Amounts in millions)

    

Balance At

    

Additions

    

Foreign

    

    

Balance At

Beginning of

Charged To

Exchange/Acquisitions

End of

    

Period

    

Expense

    

Impact

    

Deductions

    

Period

Year Ended December 31, 2020

Accounts Receivable Reserve Allowances

$

14.3

$

1.1

 

0.9

(5.2)

$

11.1

Reserve for excess and obsolete inventories

$

25.0

$

13.3

 

1.4

(6.3)

$

33.4

Year Ended December 31, 2021

Accounts Receivable Reserve Allowances

$

11.1

$

3.4

 

(0.2)

(4.0)

$

10.3

Reserve for excess and obsolete inventories

$

33.4

$

8.7

 

(0.9)

(8.2)

$

33.0

Year Ended December 31, 2022

Accounts Receivable Reserve Allowances

$

10.3

$

5.2

 

(0.3)

(4.5)

$

10.7

Reserve for excess and obsolete inventories

$

33.0

$

17.5

 

(0.9)

(10.1)

$

39.5