Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

GRAY TELEVISION, INC.

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

(in millions)

Col. A	Col. B		Col. C					Col. D			Col. E
			Additions
			(1)			(2)
	Balance at		Charged to			Charged to					Balance at
	Beginning		Costs and			Other		Deductions			End of
Description	of Period		Expenses			Accounts		(a)			Period
Year Ended December 31, 2019:
Allowance for doubtful accounts	$	5	$	11		$	-	$	(5	)	$	11
Valuation allowance for deferred tax assets	$	-	$	14		$	-	$	-		$	14
Year Ended December 31, 2018:
Allowance for doubtful accounts	$	5	$	2		$	-	$	(2	)	$	5
Valuation allowance for deferred tax assets	$	-	$	-		$	-	$	-		$	-
Year Ended December 31, 2017:
Allowance for doubtful accounts	$	3	$	3		$	-	$	(1	)	$	5
Valuation allowance for deferred tax assets	$	1	$	(1	)	$	-	$	-		$	-

(a) Deductions from allowance for doubtful accounts represent write-offs of receivable balances not considered collectible. The deduction from the valuation allowance for deferred tax assets represents changes in estimates of our future taxable income and our estimated future usage of certain net operating loss carryforwards, as well as expiration of certain net operating loss carryforwards.