SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2013

Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

Years ended December 31, 2013, 2012 and 2011 (in millions)

Description	Balance 12/31/2012		Additions or (deductions) charged or (credited) to expenses			Other additions or (deductions)				Balance 12/31/2013
Reserves deducted from related assets:
Doubtful accounts receivable – continuing operations	$	4.7	$	1.5		$	(1.6	)	(1)	$	4.6
Deferred tax asset valuation allowance	$	21.0	$	104.7	(2)	$	0.2			$	125.9
Environmental accruals	$	68.1	$	4.3		$	(9.3	)	(3)	$	63.1

(1) Principally bad debt write-offs and recoveries.

(2) Increase due to capital loss on sale of coatings business.

(3) Environmental remediation spending of $8.7, and unfavorable exchange impact of $0.6.

Description	Balance 12/31/2011		Additions or (deductions) charged or (credited) to expenses			Other additions or (deductions)				Balance 12/31/2012
Reserves deducted from related assets:
Doubtful accounts receivable – continuing operations	$	1.3	$	4.6		$	(1.2	)	(1)	$	4.7
Deferred tax asset valuation allowance	$	21.2	$	(1.2	)	$	1.0		(2)	$	21.0
Environmental accruals	$	69.4	$	1.6		$	(2.9	)	(3)	$	68.1

(1) Principally bad debt write-offs and recoveries.

(2) Valuation allowances inherited as part of Umeco acquisition.

(3) Environmental remediation spending of $3.9, favorable exchange impact of $0.4, and acquired Umeco accruals of $0.7.

Description	Balance 12/31/2010		Additions or (deductions) charged or (credited) to expenses			Other additions or (deductions)				Balance 12/31/2011
Reserves deducted from related assets:
Doubtful accounts receivable – continuing operations	$	0.5	$	0.8		$	—			$	1.3
Deferred tax asset valuation allowance	$	21.6	$	(0.4	)	$	—			$	21.2
Environmental accruals	$	64.7	$	8.7		$	(4.0	)	(1)	$	69.4

(1) Environmental remediation spending of $3.9 and unfavorable exchange impact of $0.1.