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CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales        
Products $ 1,280 $ 1,361 $ 2,395 $ 2,515
Services 193 182 385 379
Licensing & royalties 12 12 27 575
Total net sales 1,485 1,555 2,807 3,469
Cost of sales        
Products 1,127 1,112 2,170 2,085
Services 147 140 301 288
Total cost of sales 1,274 1,252 2,471 2,373
Gross profit 211 303 336 1,096
Selling, general and administrative expenses 289 313 600 622
Research and development costs 68 81 146 159
Restructuring costs, rationalization and other 29 11 62 24
Other operating (income) expenses, net (1) (2) (71) 2
(Loss) earnings from continuing operations before interest expense, other income (charges), net and income taxes (174) (100) (401) 289
Interest expense 38 41 76 79
Loss on early extinguishment of debt, net 0 0 0 102
Other income (charges), net 17 0 9 (4)
(Loss) earnings from continuing operations before income taxes (195) (141) (468) 104
(Benefit) provision for income taxes (16) 26 (40) 152
Loss from continuing operations (179) (167) (428) (48)
Earnings (loss) from discontinued operations, net of income taxes 0 (1) 3 (1)
NET LOSS ATTRIBUTABLE TO EASTMAN KODAK COMPANY $ (179) $ (168) $ (425) $ (49)
Basic and diluted net (loss) earnings per share attributable to Eastman Kodak Company common shareholders:        
Continuing operations $ (0.67) $ (0.62) $ (1.59) $ (0.18)
Discontinued operations $ 0 $ (0.01) $ 0.01 $ 0
Total $ (0.67) $ (0.63) $ (1.58) $ (0.18)
Number of common shares used in basic and diluted net (loss) earnings per share 268.9 268.5 268.9 268.4