EXHIBIT 99.4
SCHEDULE II
SOLUTIA INC.
VALUATION AND QUALIFYING ACCOUNTS
FOR THE TEN MONTHS ENDED DECEMBER 31, 2008, TWO MONTHS ENDED FEBRUARY 29, 2008 AND
YEARS ENDED DECEMBER 31, 2007 AND 2006
(Dollars in Millions)
COLUMN A | COLUMN B | COLUMN C | COLUMN D | COLUMN E | ||||||||||||||||
Additions | ||||||||||||||||||||
Description | Balance at beginning of year | (1) Charged to costs and expenses | (2) Charged to other accounts | Deductions | Balance at end of period | |||||||||||||||
Successor: | ||||||||||||||||||||
Ten Months Ended December 31, 2008 | ||||||||||||||||||||
Valuation accounts for doubtful | $ | - | $ | - | $ | - | $ | - | $ | - | ||||||||||
receivables | ||||||||||||||||||||
Restructuring reserves | 8 | 26 | - | 14 | 20 | |||||||||||||||
Predecessor: | ||||||||||||||||||||
Two Months Ended February 29, 2008 | ||||||||||||||||||||
Valuation accounts for doubtful | ||||||||||||||||||||
receivables | $ | 2 | $ | - | $ | (2 | ) | $ | - | $ | - | |||||||||
Restructuring reserves | 8 | 1 | - | 1 | 8 | |||||||||||||||
Year Ended December 31, 2007 | ||||||||||||||||||||
Valuation accounts for doubtful | ||||||||||||||||||||
receivables | $ | 2 | $ | - | $ | - | $ | - | $ | 2 | ||||||||||
Restructuring reserves | 5 | 8 | 12 | 17 | 8 | |||||||||||||||
Year Ended December 31, 2006 | ||||||||||||||||||||
Valuation accounts for doubtful | ||||||||||||||||||||
receivables | $ | 2 | $ | 1 | $ | (1 | ) | $ | - | $ | 2 | |||||||||
Restructuring reserves | 4 | 12 | - | 11 | 5 | |||||||||||||||