This excerpt taken from the NKE 10-K filed Jul 28, 2008.
SCHEDULE II
FACE="Times New Roman" SIZE="2">VALUATION AND QUALIFYING ACCOUNTS
Description
Balance at Beginning FACE="Times New Roman" SIZE="1">of Period
Charged to Costs and FACE="Times New Roman" SIZE="1">Expenses
Charged to Other FACE="Times New Roman" SIZE="1">Accounts
Write-Offs Net of FACE="Times New Roman" SIZE="1">Recoveries
Balance at End of FACE="Times New Roman" SIZE="1">Period
(In millions)
Allowance for doubtful accounts (current and non-current)(1)FACE="Times New Roman" SIZE="2">
For the year ended May 31, 2006
$
80.4
$
13.6
$
1.8
$
(28.2
)
$
67.6
For the year ended May 31, 2007
67.6
18.5
1.8
(16.2
)
71.5
For the year ended May 31, 2008
71.5
25.7
4.2
(23.0
)
78.4
(1)
The non-current portion of the allowance for doubtful accounts is classified in deferred income taxes and other assets on the consolidated balance sheet.
