EX-99.2 10 exhibit99-2.htm VALUATION AND QUALIFYING ACCOUNTS AND RESERVES exhibit99-2.htm
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, 2011   $       (6 )   $       -     $       -   $       1   $       -   $       (5 )
       Year ended June 30, 2010     (6 )     -       -     -     -   $ (6 )
       Year ended June 30, 2009     (7 )     (3 )     -     -     4     (6 )
LIFO allowance                                          
       Year ended June 30, 2011   $ (28 )   $ (1 )   $ -   $ -   $ -   $ (29 )
       Year ended June 30, 2010     (31 )     3       -     -     -     (28 )
       Year ended June 30, 2009     (21 )     (10 )     -     -     -     (31 )
Valuation allowance on deferred tax assets                                          
       Year ended June 30, 2011   $ (12 )   $ (2 )   $ -   $ -   $ -   $ (14 )
       Year ended June 30, 2010     (6 )     (6 )     -     -     -     (12 )
       Year ended June 30, 2009     (7 )     -       -     1     -     (6 )
Allowance for inventory obsolescence                                          
       Year ended June 30, 2011   $ (10 )   $ (15 )   $ -   $ -   $ 14   $ (11 )
       Year ended June 30, 2010     (10 )     (11 )     -     -     11     (10 )
       Year ended June 30, 2009     (13 )     (12 )     -     -     15     (10 )

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