General Motors 2010 Annual Report Download - page 288

GENERAL MOTORS COMPANY AND SUBSIDIARIES
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
(Dollars in millions)
Description
Balance at
Beginning
of Period
Additions
Charged to
Costs and
Expenses
Additions
Charged to
Other
Accounts Deductions
Effect of
Application
of Fresh-
Start
Reporting
Balance at
End of
Period
Successor
For the year ended December 31, 2010
Allowances Deducted from Assets
Accounts and notes receivable (for doubtful receivables) . . . $250 93 — 91 — $252
Other investments and miscellaneous assets (receivables and
other) ......................................... $ 7 — 14 14 — $ 7
For the period July 10, 2009 through December 31, 2009
Allowances Deducted from Assets
Accounts and notes receivable (for doubtful receivables) . . . $ — 251 — 1 — $250
Other investments and miscellaneous assets (receivables and
other) ......................................... $ — — 7 — — $ 7
Predecessor
For the period January 1, 2009 through July 9, 2009
Allowances Deducted from Assets
Accounts and notes receivable (for doubtful receivables) . . . $422 1,482 76 6 (1,974) $ —
Other investments and miscellaneous assets (receivables and
other) ......................................... $ 43 — 3 — (46) $ —
For the Year Ended December 31, 2008
Allowances Deducted from Assets
Accounts and notes receivable (for doubtful receivables) . . . $338 157 — 73 — $422
Other investments and miscellaneous assets (receivables and
other) ......................................... $ 14 — 29 — — $ 43
286 General Motors Company 2010 Annual Report