

	The Dow Chemical Company and Subsidiaries	Schedule II
	Valuation and Qualifying Accounts
In millions	For the Years Ended December 31



COLUMN A	COLUMN B		COLUMN C - Additions						COLUMN D			COLUMN E
Description	Balance at Beginning of Year		Charged to Costs and Expenses			Charged to Other Accounts			Deductions from Reserves			Balance at End of Year
2016
RESERVES DEDUCTED FROM ASSETS TO WHICH THEY APPLY:
For doubtful receivables	$	94	$	31		$	—		$	15	(1)	$	110
Other investments and noncurrent receivables	$	494	$	153	(2)	$	—		$	289	(3)	$	358
Deferred tax assets	$	1,000	$	155		$	—		$	94		$	1,061

2015
RESERVES DEDUCTED FROM ASSETS TO WHICH THEY APPLY:
For doubtful receivables	$	110	$	24		$	2	(4)	$	42	(1)	$	94
Other investments and noncurrent receivables	$	477	$	108		$	—		$	91		$	494
Deferred tax assets	$	1,106	$	67		$	—		$	173		$	1,000

2014
RESERVES DEDUCTED FROM ASSETS TO WHICH THEY APPLY:
For doubtful receivables	$	148	$	53		$	8	(4)	$	99	(1)	$	110
Other investments and noncurrent receivables	$	454	$	62		$	—		$	39		$	477
Deferred tax assets	$	1,112	$	126		$	—		$	132		$	1,106


(1)	Deductions represent notes and accounts receivable written off, credits to profit and loss and other miscellaneous items.


(2)	Additions to reserves for "Other investments and noncurrent receivables" charged to costs and expenses include $143 million related to the Company's investment in AgroFresh Solutions, Inc. See Note 5 to the Consolidated Financial Statements for further information.


(3)	Deductions from reserves for "Other investments and noncurrent receivables" include $237 million related to the DCC Transaction. See Note 4 to the Consolidated Financial Statements for further information.

(4)

Additions to reserves for doubtful receivables charged to other accounts were classified as "Accounts and notes receivable - Other" in the consolidated balance sheets. These reserves relate to the Company's sale of trade accounts receivable. Anticipated credit losses in the portfolio of receivables sold are used to fair value the Company's interests held in trade accounts receivable conduits. See Notes 12 and 16 to the Consolidated Financial Statements for further information.