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Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2011
Schedule II - Valuation and Qualifying Accounts

Schedule II — Valuation and Qualifying Accounts

Stanley Black & Decker, Inc. and Subsidiaries

Fiscal years ended December 31, 2011, January 1, 2011, and January 2, 2010

(Millions of Dollars)

 

            ADDITIONS              
     Beginning
Balance
     Charged to
Costs and
Expenses
     Charged
To Other
Accounts(b)(c)
    (a)
Deductions
    Ending
Balance
 

Allowance for Doubtful Accounts:

            

Year Ended 2011

   $ 55.4       $ 15.9       $ 5.6      $ (13.0   $ 63.9   

Year Ended 2010

   $ 31.2       $ 10.6       $ 24.6      $ (11.0   $ 55.4   

Year Ended 2009

   $ 39.9       $ 13.6       $ (0.5   $ (21.8   $ 31.2   

Tax Valuation Allowance:

            

Year Ended 2011

   $ 265.8       $ 75.3       $ 2.5      $ (34.9   $ 308.7   

Year Ended 2010

   $ 24.4       $ 46.9       $ 199.1      $ (4.6   $ 265.8   

Year Ended 2009

     23.5         2.4         0.7        (2.2     24.4   

 

(a) With respect to the allowance for doubtful accounts, deductions represent amounts charged-off less recoveries of accounts previously charged-off.
(b) Amounts represent the impact of foreign currency translation, acquisitions and net transfers to /from other accounts.
(c) For 2010, amount primarily represents beginning tax valuation allowance as adjusted from the Merger.