Item 15. Exhibit and Financial Statement Schedules
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Item 15. Exhibit and Financial Statement Schedules
**(a)**The following documents are filed as part of this report:
(1) Financial Statements:
(2) Financial Statement Schedules:
Included below is Schedule II - Valuation and Qualifying Accounts for each of the three years in the period ended December 31, 2021.
(3) Exhibits:
The Exhibit Index on the following pages lists the exhibits that are filed as part of this report.
Schedule II — Valuation and Qualifying Accounts
| Year ended December 31 | |||||||||||||||||
| Millions of Dollars | 2021 | 2020 | 2019 | ||||||||||||||
| Employee Termination Benefits | |||||||||||||||||
| Balance at January 1 | $ | 470 | $ | 7 | $ | 19 | |||||||||||
| Additions (reductions) charged to expense | (30) | 859 | 6 | ||||||||||||||
| Payments | (397) | (396) | (18) | ||||||||||||||
| Balance at December 31 | $ | 43 | $ | 470 | $ | 7 | |||||||||||
| Expected Credit Losses | |||||||||||||||||
| Beginning allowance balance for expected credit losses | $ | 671 | $ | 849 | $ | 980 | |||||||||||
| Current period provision | 74 | 573 | (128) | ||||||||||||||
| Write-offs charged against the allowance, if any | — | (751) | (3) | ||||||||||||||
| Balance at December 31 | $ | 745 | $ | 671 | $ | 849 | |||||||||||
| Deferred Income Tax Valuation Allowance1 | |||||||||||||||||
| Balance at January 1 | $ | 17,762 | $ | 15,965 | $ | 15,973 | |||||||||||
| Additions to deferred income tax expense2 | 3,691 | 2,892 | 1,336 | ||||||||||||||
| Reduction of deferred income tax expense | (3,802) | (1,095) | (1,344) | ||||||||||||||
| Balance at December 31 | $ | 17,651 | $ | 17,762 | $ | 15,965 |
1 See also Note 17 Taxes.
2 Includes $974 of additions associated with the purchase of Noble in 2020.
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