1 SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS CVS CORPORATION ADDITIONS BALANCE AT CHARGED TO BALANCE AT BEGINNING COSTS & END OF OF YEAR EXPENSES(1)(3) DEDUCTIONS(2) YEAR(3) ---------- -------------- ------------- ---------- (IN MILLIONS) ACCOUNTS RECEIVABLE ALLOWANCE FOR DOUBTFUL ACCOUNTS: Year Ended December 31, 1996.................... 58.6 11.2 33.8 36.0 Year Ended December 31, 1995.................... 45.4 43.6 30.4 58.6 Year Ended December 31, 1994.................... 45.9 34.1 34.6 45.4 - --------------- NOTES: (1) 1995 includes a charge of $21.3 million that relates to certain receivables of former divisions that were retained by the Company subsequent to the sale of the related divisions. (2) 1996 includes a deduction of $21.2 million that relates to the actual write-off of the receivables discussed in Note (1) above. (3) 1996 amounts are consistent with the historical results of the Company's continuing operations.