Exhibit 99.6
OWENS CORNING AND SUBSIDIARIES
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
FOR THE SUCCESSOR YEARS ENDED DECEMBER 31, 2008 AND DECEMBER 31, 2007, THE SUCCESSOR TWO MONTHS ENDED DECEMBER 31, 2006 AND THE PREDECESSOR TEN MONTHS ENDED OCTOBER 31, 2006
(in millions)
| Balance at Beginning Of Period | Charged to Costs and Expenses | Charged to Other Accounts | Deductions | Acquisitions and Divestitures | Balance at End of Period | |||||||||||||||||
Successor: | ||||||||||||||||||||||
FOR THE YEAR ENDED DECEMBER 31, 2008: | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 23 | $ | 5 | $ | (2 | ) | $ | (5 | )(a) | $ | — | $ | 21 | ||||||||
Tax valuation allowance | $ | 125 | $ | 913 | $ | 91 | $ | — | $ | (19 | ) | $ | 1,110 | |||||||||
Successor: | ||||||||||||||||||||||
FOR THE YEAR ENDED DECEMBER 31, 2007: | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 26 | $ | 7 | $ | (4 | ) | $ | (14 | )(a) | $ | 8 | (c) | $ | 23 | |||||||
Tax valuation allowance | $ | 146 | $ | 8 | $ | (59 | ) | $ | — | $ | 30 | $ | 125 | |||||||||
Successor: | ||||||||||||||||||||||
FOR THE TWO MONTHS ENDED DECEMBER 31, 2006: | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 19 | $ | 2 | $ | 8 | $ | (3 | )(a) | $ | — | $ | 26 | |||||||||
Tax valuation allowance | $ | 146 | $ | — | $ | — | $ | — | $ | — | $ | 146 | ||||||||||
Predecessor: | ||||||||||||||||||||||
FOR THE TEN MONTHS ENDED OCTOBER 31, 2006: | ||||||||||||||||||||||
Allowance for doubtful accounts | $ | 18 | $ | 4 | $ | 1 | $ | (4 | )(a) | $ | — | $ | 19 | |||||||||
Tax valuation allowance | $ | 2,388 | $ | (2,242 | )(b) | $ | — | $ | — | $ | — | $ | 146 | |||||||||
Notes:
| (a) | Uncollectible accounts written off, net of recoveries. |
| (b) | This decrease relates primarily to the $2,299 million elimination of the asbestos valuation allowance. |
| (c) | Includes $1 million reduction related to the Siding Solutions divestiture and $9 million related to the Acquisition. |