EX-99.2 10 dex992.htm VALUATION AND QUALIFYING ACCOUNTS AND RESERVES Valuation and Qualifying Accounts and Reserves

Exhibit 99.2

VALUATION AND QUALIFYING ACCOUNTS AND RESERVES (Dollars in Millions)

 

Column A

    Column B     Column C     Column D    Column E  
           Additions     Deductions       

Description

    Balance at
beginning
of period		     Charged to
costs and
expenses		     Charged
to other
accounts		     Credited to
costs and
expenses		    Credited
to other
accounts		    Balance at
end
of period		  

Allowance for doubtful accounts

               

Year ended June 30, 2008

    $ (5 )   $ (4 )   $ —     $ —    $ 2    $ (7 )

Year ended June 30, 2007

      (5 )     (2 )     —       —      2      (5 )

Year ended June 30, 2006

      (5 )     —       —       —      —      (5 )

Allowance for inventory obsolescence

               

Year ended June 30, 2008

      (9 )     (12 )     —       —      8      (13 )

Year ended June 30, 2007

      (4 )     (10 )     —       —      5      (9 )

Year ended June 30, 2006

      (6 )     (6 )     —       —      8      (4 )

LIFO allowance

               

Year ended June 30, 2008

      (18 )     (3 )     —       —      —      (21 )

Year ended June 30, 2007

      (14 )     (7 )     —       3      —      (18 )

Year ended June 30, 2006

      (9 )     (6 )     —       1      —      (14 )

Valuation allowance on deferred tax assets

               

Year ended June 30, 2008

      (22 )     —       —       15      —      (7 )

Year ended June 30, 2007

      (26 )     —       (6 )     10      —      (22 )

Year ended June 30, 2006

      (33 )     —       —       4      3      (26 )