Description | Balance at Beginning of Period | Charged to Costs and Expenses | Deductions | Balance at End of Period | ||||||||||||||
For the Year Ended December 31, 2013 | ||||||||||||||||||
Allowances deducted from assets | ||||||||||||||||||
Credit losses | $ | 435 | $ | 152 | $ | 182 | (a) | $ | 405 | |||||||||
Doubtful receivables | 106 | 33 | 19 | (b) | 120 | |||||||||||||
Inventories (primarily service part obsolescence) | 267 | (5 | ) | (c) | — | 262 | ||||||||||||
Deferred tax assets | 1,923 | (290 | ) | (d) | — | 1,633 | ||||||||||||
Total allowances deducted from assets | $ | 2,731 | $ | (110 | ) | $ | 201 | $ | 2,420 | |||||||||
For the Year Ended December 31, 2012 | ||||||||||||||||||
Allowances deducted from assets | ||||||||||||||||||
Credit losses | $ | 570 | $ | 2 | $ | 137 | (a) | $ | 435 | |||||||||
Doubtful receivables | 110 | 13 | 17 | (b) | 106 | |||||||||||||
Inventories (primarily service part obsolescence) | 249 | 18 | (c) | — | 267 | |||||||||||||
Deferred tax assets | 1,545 | 378 | (d) | — | 1,923 | |||||||||||||
Total allowances deducted from assets | $ | 2,474 | $ | 411 | $ | 154 | $ | 2,731 | ||||||||||
For the Year Ended December 31, 2011 | ||||||||||||||||||
Allowances deducted from assets | ||||||||||||||||||
Credit losses | $ | 984 | $ | (115 | ) | $ | 299 | (a) | $ | 570 | ||||||||
Doubtful receivables | 116 | (69 | ) | (63 | ) | (b) | 110 | |||||||||||
Inventories (primarily service part obsolescence) | 245 | 4 | (c) | — | 249 | |||||||||||||
Deferred tax assets | 15,664 | (14,119 | ) | (d) | — | 1,545 | ||||||||||||
Total allowances deducted from assets | $ | 17,009 | $ | (14,299 | ) | $ | 236 | $ | 2,474 | |||||||||
(a) | Finance receivables and lease investments deemed to be uncollectible and other changes, principally amounts related to finance receivables sold and translation adjustments. |
(b) | Accounts and notes receivable deemed to be uncollectible as well as translation adjustments. |
(c) | Net change in inventory allowances. |
(d) | Includes $(243) million, $264 million and $0 in 2013, 2012 and 2011, respectively, of valuation allowance for deferred tax assets through Accumulated other comprehensive income/(loss) and $(47) million, $114 million and $(14.1) billion in 2013, 2012, and 2011, respectively, of valuation allowance for deferred tax assets through the income statement. |