VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2019

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

VALUATION AND QUALIFYING ACCOUNTINGS

(In millions) For the years ended Dec 31,	2019			2018			2017
Accounts Receivable - Allowance for Doubtful Receivables
Balance at beginning of year	$	42		$	59		$	51
Additions charged to expenses 1	24			10			23
Additions charged to other accounts 2	—			4			2
Deductions from reserves 3	(21		)	(31		)	(17		)
Balance at end of year	$	45		$	42		$	59
Inventory - Obsolescence Reserve
Balance at beginning of year	$	23		$	18		$	34
Additions charged to expenses	19			7			5
Deductions from reserves 4	(7		)	(2		)	(21		)
Balance at end of year	$	35		$	23		$	18
Reserves for Other Investments and Noncurrent Receivables
Balance at beginning of year	$	460		$	430		$	350
Additions charged to expenses 1	1,758			44			83
Deductions from reserves	(3		)	(14		)	(3		)
Balance at end of year	$	2,215		$	460		$	430
Deferred Tax Assets - Valuation Allowance
Balance at beginning of year	$	1,225		$	1,255		$	936
Additions charged to expenses	140			152			369
Deductions from reserves	(103		)	(182		)	(50		)
Balance at end of year	$	1,262		$	1,225		$	1,255

1. In 2019, additions charged to expenses for "Accounts Receivable - Allowance for Doubtful Receivables" included $2 million and additions charged to expenses for "Reserves for Other Investments and Noncurrent Receivables" included $1,753 million related to the Company's investment in Sadara Chemical Company. See Note 13 to the Consolidated Financial Statements for additional information.

2. Additions to allowance for doubtful accounts 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 were used to fair value the Company's interests held in trade accounts receivable conduits. See Notes 15 and 24 to the Consolidated Financial Statements for additional information.

3. Deductions included write-offs, recoveries, currency translation adjustments and other miscellaneous items.

4.

Deductions included disposals and currency translation adjustments.