Schedule II Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2021

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

Schedule II - Valuation and Qualifying Accounts

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

Year Ended December 31,

(In millions)
				Additions
Description	Balance at beginning of period			Charged (credited) to income			Charged (credited) to AOCL			Deductions from reserves (b)			Translation adjustment during period			Balance at end of period
				2021
Allowance for doubtful accounts	$	150		$	5		$	-		$	(24	)	$	(8	)	$	123
Valuation allowance — deferred tax assets		1,469			(418	)		(7	)		-			-			1,044
				2020
Allowance for doubtful accounts	$	126	(a)	$	30		$	-		$	(11	)	$	5		$	150
Valuation allowance — deferred tax assets		982			488			(1	)		-			-			1,469
				2019
Allowance for doubtful accounts	$	113		$	13		$	-		$	(14	)	$	(1	)	$	111
Valuation allowance — deferred tax assets		317			661			4			-			-			982

(a)Effective January 1, 2020, we adopted, using the modified retrospective adoption approach, an accounting standards update with new guidance relating to credit losses on financial instruments. Our adoption of this standards update resulted in a cumulative effect adjustment to decrease Retained Earnings by $12 million, with Accounts Receivables decreasing by $15 million and Deferred Income Taxes increasing by $3 million. Periods prior to 2020 have not been restated for the adoption of this standards update.

(b)Accounts receivable charged off.