Fortune Brands Innovations Inc
For the period ended Dec 28, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
FBIN$51.64+7.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Schedule II Valuation and Qualifying Accounts
For the years ended December 28, 2024, December 30, 2023 and December 31, 2022
| (In millions) | Balance atBeginning ofPeriod | Charged toExpense | Write-offsandDeductions (a) | BusinessAcquisition (b) | Balance atEnd ofPeriod |
|---|---|---|---|---|---|
| 2024: | |||||
| Allowance for cash discounts and sales allowances | $120.8 | $350.6 | $(362.0) | $— | $109.4 |
| Allowance for credit losses | 7.7 | 3.8 | (4.5) | — | 7.0 |
| Allowance for deferred tax assets | 15.1 | (7.1) | — | — | 8.0 |
| 2023: | |||||
| Allowance for cash discounts and sales allowances | $116.2 | $340.1 | $(342.2) | $6.7 | $120.8 |
| Allowance for credit losses | 5.5 | 5.2 | (6.2) | 3.2 | 7.7 |
| Allowance for deferred tax assets | 13.8 | 1.3 | — | — | 15.1 |
| 2022: | |||||
| Allowance for cash discounts and sales allowances | $135.9 | $287.0 | $(306.7) | $— | $116.2 |
| Allowance for credit losses | 5.7 | 3.7 | (3.9) | — | 5.5 |
| Allowance for deferred tax assets | 20.7 | (6.9) | — | — | 13.8 |
(a)
Net of recoveries of amounts written off in prior years and immaterial foreign currency impact.
(b)
Represents purchase accounting adjustment related to the Acquired Businesses within our Water and Security segments in 2023.
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