Not applicable.
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| DowDuPont Inc. | Schedule II |
| Valuation and Qualifying Accounts | |
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| (In millions) For the year ended Dec 31, | 2018 | | | 2017 | | | 2016 | | |
| Accounts Receivable - Allowance for Doubtful Receivables | | | | | | | | | |
| Balance at beginning of period | $ | 127 | | $ | 110 | | $ | 94 | |
| Additions charged to expenses | 114 | | | 43 | | | 31 | | |
| Additions charged to other accounts 1 | 4 | | | 3 | | | — | | |
| Deductions from reserves 2 | (54 | | ) | (29 | | ) | (15 | | ) |
| Balance at end of period | $ | 191 | | $ | 127 | | $ | 110 | |
| Inventory - Obsolescence Reserve | | | | | | | | | |
| Balance at beginning of period | $ | 170 | | $ | 123 | | $ | 152 | |
| Additions charged to expenses | 493 | | | 129 | | | 29 | | |
| Deductions from reserves 3 | (338 | | ) | (82 | | ) | (58 | | ) |
| Balance at end of period | $ | 325 | | $ | 170 | | $ | 123 | |
| Reserves for Other Investments and Noncurrent Receivables | | | | | | | | | |
| Balance at beginning of period | $ | 437 | | $ | 358 | | $ | 494 | |
| Additions charged to expenses 4 | 44 | | | 83 | | | 153 | | |
| Deductions from reserves 5 | (16 | | ) | (4 | | ) | (289 | | ) |
| Balance at end of period | $ | 465 | | $ | 437 | | $ | 358 | |
| Deferred Tax Assets - Valuation Allowance 6 | | | | | | | | | |
| Balance at beginning of period | $ | 2,511 | | $ | 1,061 | | $ | 1,000 | |
| Merger impact | — | | | 1,160 | | | — | | |
| Additions charged to expenses | 351 | | | 404 | | | 155 | | |
| Deductions from reserves | (455 | | ) | (114 | | ) | (94 | | ) |
| Balance at end of period | $ | 2,407 | | $ | 2,511 | | $ | 1,061 | |
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| 1. | Additions to reserves for doubtful receivables charged to other accounts were classified as "Accounts and notes receivable - Other" in the consolidated balance sheets. These reserves relate to Historical Dow's sale of trade accounts receivable. Anticipated credit losses in the portfolio of receivables sold are used to fair value Historical Dow's interests held in trade accounts receivable conduits. See Notes 14 and 22 to the Consolidated Financial Statements for further information. |
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| 2. | Deductions include write-offs, recoveries, currency translation adjustment and other miscellaneous items. |
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| 3. | Deductions include disposals and currency translation adjustments. |
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| 4. | In 2016, additions to reserves for "Other investments and noncurrent receivables" charged to costs and expenses include $143 million related to the Company's investment in AgroFresh Solutions, Inc. See Note 6 to the Consolidated Financial Statements for further information. |
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| 5. | In 2016, deductions from reserves for "Other investments and noncurrent receivables" include $237 million related to the Dow Silicones ownership restructure. See Note 3 to the Consolidated Financial Statements for further information. |
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| 6. | The Company has corrected its valuation allowance (with a corresponding reduction in tax loss and credit carryforwards) in the amount of $238 million for the year ended December 31, 2017 as a result of a change in the Delaware state apportionment methodology. |
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
DOWDUPONT INC.
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| /s/ JEANMARIE F. DESMOND | | /s/ RONALD C. EDMONDS |
| Jeanmarie F. Desmond | | Ronald C. Edmonds |
| Co-Controller, Wilmington, Delaware | | Co-Controller, Midland, Michigan |
| February 11, 2019 | | February 11, 2019 |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
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| /s/ LAMBERTO ANDREOTTI | | /s/ MARILLYN A. HEWSON |
| Lamberto Andreotti, Director | | Marillyn A. Hewson, Director |
| February 11, 2019 | | February 11, 2019 |
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| /s/ AJAY BANGA | | /s/ LOIS D. JULIBER |
| Ajay Banga, Director | | Lois D. Juliber, Director |
| February 11, 2019 | | February 11, 2019 |
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| /s/ JACQUELINE K. BARTON | | /s/ PAUL POLMAN |
| Jacqueline K. Barton, Director | | Paul Polman, Director |
| February 11, 2019 | | February 11, 2019 |
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| /s/ JAMES A. BELL | | /s/ JAMES M. RINGLER |
| James A. Bell, Director | | James M. Ringler, Director |
| February 11, 2019 | | February 11, 2019 |
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| /s/ EDWARD D. BREEN | | /s/ RUTH G. SHAW |
| Edward D. Breen, Director, Chief Executive Officer | | Ruth G. Shaw, Director |
| February 11, 2019 | | February 11, 2019 |
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| /s/ ROBERT A. BROWN | | /s/ LEE M. THOMAS |
| Robert A. Brown, Director | | Lee M. Thomas, Director |
| February 11, 2019 | | February 11, 2019 |
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| /s/ ALEXANDER M. CUTLER | | /s/ HOWARD UNGERLEIDER |
| Alexander M. Cutler, Co-Lead Independent Director | | Howard Ungerleider, Chief Financial Officer |
| February 11, 2019 | | February 11, 2019 |
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| /s/ RICHARD K. DAVIS | | /s/ PATRICK J. WARD |
| Richard K. Davis, Director | | Patrick J. Ward, Director |
| February 11, 2019 | | February 11, 2019 |
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| /s/ JEFF M. FETTIG | | |
| Jeff M. Fettig, Executive Chair and Co-Lead Independent Director | | |
| February 11, 2019 | | |
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| DowDuPont Inc. |
| Trademark Listing |
®™ ACANTO, ACOUSTICRYL, AcreMax, ACREVALUE, ACRYSOL, AFFINITY, AGVENTURE, ALFOREX, AMBERLITE, APPROACH PRIMA, APPROACH POWER, AquaMax, AQUASET, ARIGO, ARYLEX, AVANSE, BELCO, BELKAR, BETAFORCE, BETAMATE, BETASEAL, BIO-PDO, BREVANT, BROADWAY, CARBOWAX, CENT-7, CITADEL, CLASSIC, CLINCHER, CLIPPER, CLOSER, CORIAN, CRASTIN, CURZATE, Cyazypyr, DAIRYLAND SEED, DANISCO, DELEGATE, DELRIN, DIMENSION, DITHANE, DOW, DOW CORNING, DOWDUPONT, DOWEX, DOW SEMENTES, DOWSIL, DuPont, DURANGO, ELITE, Encirca, ENLIST, ENLIST DUO, ENLISTONE, ENTRUST, EQUATION CONTACT, EQUATION PRO, EVOLV3D, EVOQUE, EXALT, ExpressSun, EXZACT, FENCER, FILMTEC, FONTELIS, FORMASHIELD, FORTILIFE, GALILEO, GALLANT, GALLERY, GARLON, GF-120, GRANITE, GRANULAR, GRAZON, GREAT STUFF, G2, HERCULEX, HPT, HOEGEMEYER, HOWARU, HYTREL, IMPRELIS, INATREQ, INSTINCT, INTEGRAFLUX, INTREPID, ISOCLAST, ISOTHERMING, KALREZ, KERB, KEVLAR, KEYSTONE, LANCET, LANNATE, Leptra, LIGATE, LIQUIDARMOR, LONTREL, LOYANT, LUMIDERM, LumiGEN, LUMIVIA, MAINCOTE, MAXIMUS, MECS, MOLYKOTE, MORGAN, MULTIBASE, MUSTANG, MYCOGEN, NEXERA, NOMEX, N-LOCK, NORDEL, N-SERVE, NUTECH, Optimum, PACTO, PANNAR, PANZER, PERFECTMATCH, PEXALON, PHYTOGEN, PINDAR, Pioneer, PIXXARO, Plenish, POWER PLUS, PRIMAL, PRIMUS, PROPOUND, Protector, PYRAXALT, QUELEX, RADIANT, RAINBOW, REALM Q, REFUGE ADVANCED, RESICORE, RHOPLEX, RICER, RINSKOR, RPM, Rynaxypyr, RYNITE, SEED CONSULTANTS, SENTRICON, SENTRY, SILASTIC, SILVADUR, SNAPSHOT, SOLAMET, SONIC, SORONA, SPIDER, STARANE, STRATCO, SUPREME EX, STYROFOAM, SURESTART, TALENDO, TALIUS, TAMOL, TANOS, TEDLAR, TERGITOL, TERRAL SEED, TEXARO, THERMAX, TOPSHOT, TORDON, TPSiV, TRACER, TRANSFORM, TRELLIS, TRITON, TRIVENCE, TYCHEM, TYNEX, TYVEK, UCAR, UCARTHERM, UCON, VAMAC, VERDICT, VERSENE, VESPEL, VESSARYA, VIPER, VP MAXX, VYDATE, WALOCEL, WEATHERMATE, WIDEATTACK, WIDEMATCH, XENERGY, XL, ZORVEC, ZYPAR, ZYTEL are trademarks of The Dow Chemical Company ("Dow") or E. I. du Pont de Nemours and Company ("DuPont") or affiliated companies of Dow or DuPont.
The following registered trademarks of Monsanto Technology LLC appear in this report: SMARTSTAX®, POWERCORE™. SMARTSTAX® and POWERCORE™ multi-event technology developed by Dow Agrosciences LLC and Monsanto Technology LLC. ENLIST E3™ soybeans are developed by Dow AgroSciences and MS Technologies.
The following registered service mark of American Chemistry Council appears in this report: RESPONSIBLE CARE®
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