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Allowance for Losses
12 Months Ended
Dec. 31, 2011
Allowance for Losses [Abstract]  
Allowance for Losses

NOTE 17.    Allowance for Losses

The following summarizes changes in the allowance for losses at December 31 (in millions):

 

                 
    2011     2010  

Beginning balance

  $ 11.6     $ 13.4  

Provision (reversal) for losses

    0.2       (1.1

Charges to allowance

    (0.5     (1.1

Recoveries and other, including foreign exchange adjustments

    0.5       0.4  
   

 

 

   

 

 

 

Ending balance

  $ 11.8     $ 11.6  
   

 

 

   

 

 

 

The allowance for losses is comprised of general allowances for trade receivables and specific allowances for finance leases. As of December 31, 2011, general allowances for trade receivables were $2.8 million or 3.7% of rent and other receivables compared to $2.2 million or 3.1% at December 31, 2010. Specific allowances for finance leases were $9.0 million at December 31, 2011, compared to $9.4 million at December 31, 2010.