Valuation And Qualifying Accounts

12 Months Ended

Jun. 27, 2020

Valuation and Qualifying Accounts

Valuation and Qualifying Accounts

SCHEDULE II

AVNET, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

Years Ended June 27, 2020, June 29, 2019, and June 30, 2018

	Balance at		Charged to			Charged to						Balance at
	Beginning of		Expense			Other						End of
Account Description	Period		(Income)			Accounts			Deductions			Period
	(Thousands)
Fiscal 2020
Allowance for doubtful accounts	$	53,499	$	12,111		$	—		$	(6,592)	(a)	$	59,018
Valuation allowance on tax loss carry-forwards		231,463		50,018	(b)		2,240	(c)		—			283,721
Fiscal 2019
Allowance for doubtful accounts		48,959	$	10,360			—			(5,820)	(a)		53,499
Valuation allowance on tax loss carry-forwards		239,483		(5,274)	(d)		(2,746)	(e)		—			231,463
Fiscal 2018
Allowance for doubtful accounts		47,272		6,033			—			(4,346)	(a)		48,959
Valuation allowance on tax loss carry-forwards		241,687		(4,704)	(d)		2,500	(e)		—			239,483

(a) Uncollectible receivables written off.

(b) Primarily represents establishment of valuation allowance and impact of current year activities.

(c) Primarily related to impact of pension-related other comprehensive income and foreign currency exchange on valuation allowances.

(d) Primarily represents a reduction due to the release of a valuation allowance.

(e) Primarily related to impact of prior year activities and foreign currency exchange on valuation allowances previously established in various foreign jurisdictions.