EX-99.1 12 exhibit99-1.htm VALUATION AND QUALIFYING ACCOUNTS FOR THE YEARS ENDED DECEMBER 31, 2008, 2007 AND 2006 exhibit99-1.htm
 

 
EXHIBIT 99.1
  
Valuation and Qualifying Accounts
  
For the Years Ended December 31, 2008, 2007 and 2006
  
(dollars in millions)
  
   
Classification
  
Balance Beginning of Period
    
Additions Charged to Revenues, Expense
    
Deductions Amounts Charged Off-Net
    
Balance End of Period
  
Allowance for Doubtful Accounts
                        
Year Ended December 31,
                        
2008
   $ 11.9    
$
 1.0     $  (1.1 )   $ 11.8  
2007
     10.1       2.7       (0.9 )     11.9  
2006
     6.6       4.8       (1.3 )     10.1  
                                 
LIFO Reserve
                                
Year Ended December 31,
                                
2008
   $ 539.1     $  283.3     $  ―     $ 822.4  
2007
     507.9       31.2       ―       539.1  
2006
     351.7       156.2       ―       507.9  
                                 
Deferred Tax Valuation Allowance
                                
Year Ended December 31,
                                
2008
   $ 18.3     $  ―     $  (1.4 )   $ 16.9  
2007
     35.5       ―       (17.2 )     18.3  
2006
     35.0       4.7       (4.2 )     35.5