EX-12 8 exhibit12.htm EXHIBIT (12) exhibit12.htm


Exhibit (12)
          
Eastman Kodak Company
Computation of Ratio of Earnings to Fixed Charges
(in millions, except for ratio)

   
Three Months
  
   
Ended
  
   
March 31, 2010
  
       
Earnings from continuing operations before income taxes
   $ 245  
         
Adjustments:
        
    Interest expense
     38  
    Interest component of rental expense  (1)
     9  
    Amortization of capitalized interest
    1  
    Loss from continuing operations as adjusted
   $ 293  
         
Fixed charges:
       
    Interest expense
   $ 38  
    Interest component of rental expense  (1)
     9  
    Capitalized interest
     -  
    Total fixed charges
  $ 47  
         
Ratio of earnings to fixed charges
    6.23  
         



(1) 
Interest component of rental expense is estimated to equal 1/3 of such expense, which is considered a reasonable approximation of the interest factor.