HERTZ GLOBAL HOLDINGS INC
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
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Valuation and Qualifying Accounts
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
| Balance at Beginning ofPeriod · Additions | |||||||
|---|---|---|---|---|---|---|---|
| Charges to Earnings · TranslationAdjustments · Deductions · Balance atEnd of Period | |||||||
| Receivables allowances: | |||||||
| Year ended December 31, 2024 | $47 | $120 | $— | $(108) | (1) | $59 | |
| Year ended December 31, 2023 | 45 | 93 | — | (91) | (1) | 47 | |
| Year ended December 31, 2022 | 50 | 57 | — | (62) | (1) | 45 | |
| Tax valuation allowances: | |||||||
| Year ended December 31, 2024 | $305 | $558 | (2) | $(15) | $(9) | (3) | $839 |
| Year ended December 31, 2023 | 511 | 22 | 10 | (238) | (3) | 305 | |
| Year ended December 31, 2022 | 690 | — | (33) | (146) | (3) | 511 | |
(1) Amounts written off, net of recoveries.
(2) Activity represents the establishment of $383 million and $175 million of domestic and foreign valuation allowances, respectively. See Note 11, "Income Tax (Provision) Benefit," for further information.
(3) Activity represents the release of a valuation allowance.
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