Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Sep. 30, 2021

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

Schedule II - Valuation and Qualifying Accounts

VALVOLINE INC.
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
For the years ended September 30, 2021, 2020 and 2019
(In millions)
(A)	(B)		(C)				(D)		(E)
			Additions
Description	Balance at beginning of period		Charged to expenses		Charged to other accounts		Deductions		Balance at end of period
Current allowance for credit losses
Year ended September 30, 2021	$	3	$	1	$	1	$	—	$	5
Year ended September 30, 2020	$	3	$	1	$	(1)	$	—	$	3
Year ended September 30, 2019	$	4	$	—	$	—	$	(1)	$	3
Allowances for loan losses
Year ended September 30, 2021	$	4	$	1	$	(2)	$	—	$	3
Year ended September 30, 2020	$	2	$	1	$	1	$	—	$	4
Year ended September 30, 2019	$	—	$	—	$	2	$	—	$	2
Inventory excess and obsolete reserves
Year ended September 30, 2021	$	4	$	—	$	—	$	—	$	4
Year ended September 30, 2020	$	3	$	1	$	—	$	—	$	4
Year ended September 30, 2019	$	3	$	—	$	—	$	—	$	3
Deferred tax asset valuation allowance
Year ended September 30, 2021	$	30	$	1	$	1	$	—	$	32
Year ended September 30, 2020	$	2	$	29	$	—	$	(1)	$	30
Year ended September 30, 2019	$	7	$	—	$	—	$	(5)	$	2