Item 15. Exhibits and Financial Statement Schedules
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Item 15. Exhibits and Financial Statement Schedules
(a) The following documents are filed as part of this report:
- Financial Statements.
See Index to Consolidated Financial Statements under Item 8 on Page 53 of this report.
- Financial Statement Schedule.
The following additional financial statement schedule should be considered in conjunction with our consolidated financial statements. All other schedules have been omitted because the required information is either not applicable or not sufficiently material to require submission of the schedule:
SCHEDULE II
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
| Column A | Column B | Column C | Column D | Column E | ||||||||||||||||||||||
| Description | Balance at Beginning of Period | Additions Charged to Expenses or Other Accounts* | Deductions Credited to Expenses or Other Accounts** | Balance at End of Period | ||||||||||||||||||||||
| (in millions) | ||||||||||||||||||||||||||
| 2023 | ||||||||||||||||||||||||||
| Tax valuation allowance | $ | 115 | $ | 1 | $ | (4) | $ | 112 | ||||||||||||||||||
| 2022 | ||||||||||||||||||||||||||
| Tax valuation allowance | $ | 120 | $ | 7 | $ | (12) | $ | 115 | ||||||||||||||||||
| 2021 | ||||||||||||||||||||||||||
| Tax valuation allowance | $ | 132 | $ | 5 | $ | (17) | $ | 120 |
- Additions include current year additions charged to expenses and current year build due to increases in net deferred tax assets, return to provision true-ups, other adjustments and other comprehensive income impact to deferred taxes.
** Deductions include current year releases credited to expenses and current year reductions due to decreases in net deferred tax assets, return to provision true-ups, other adjustments and other comprehensive income impact to deferred taxes.
- Exhibits.
Exhibits are incorporated herein by reference or are filed with this report as indicated below (numbered in accordance with Item 601 of Regulation S-K):
- Indicates management contract or compensatory plan, contract or arrangement.
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