Note 21 - Condensed Combined Debtor-In-Possession Financial Information (Tables)

3 Months Ended

Mar. 31, 2013

Debtor In Possession Condensed Statement Of Income [Table Text Block]

	Three Months Ended
(in millions)	March 31, 2013			March 31, 2012
Net sales
Products	$	308		$	369
Services		85			93
Licensing & royalties		34			(58	)
Total net sales	$	427		$	404
Cost of sales
Products	$	301		$	397
Services		63			83
Total cost of sales	$	364		$	480
Gross profit	$	63		$	(76	)
Selling, general and administrative expenses		70			107
Research and development costs		31			49
Restructuring costs and other		7			62
Other operating (income) expenses, net		(463	)		(2	)
Earnings (loss) from continuing operations before interest expense, other income   (charges), net, reorganization items, net and income taxes		418			(292	)
Interest expense (contractual interest for the three months ended March 31, 2013 and 2012 of $40 and $46, respectively)		28			36
Loss on early extinguishment of debt		6			7
Other income (charges), net		6			2
Reorganization items, net		120			88
Earnings (loss) from continuing operations before income taxes		270			(421	)
Benefit for income taxes		(9	)		(135	)
Earnings (loss) from continuing operations		279			(286	)
Loss from discontinued operations, net of income taxes		-			(41	)
NET EARNINGS (LOSS) ATTRIBUTABLE TO DEBTOR ENTITIES		279			(327	)
Equity in earnings (loss) of non-filing entities, net of tax		4			(39	)
NET EARNINGS (LOSS) ATTRIBUTABLE TO EASTMAN KODAK   COMPANY	$	283		$	(366	)

Debtor In Possession Condensed Statement Of Comprehensive Loss Income [Table Text Block]

(in millions)	Three Months Ended
	March 31, 2013		March 31, 2012
NET EARNINGS (LOSS) ATTRIBUTABLE TO DEBTOR ENTITIES	$	279	$	(327	)
Other comprehensive income (loss), net of tax:
Realized and unrealized gains from hedging activity, net of tax of $0 and $1  for the three months ended March 31, 2013, and 2012, respectively		-		2
Unrealized gain from investment, net of tax of $0 for the three months ended March 31, 2013 and 2012		-		1
Currency translation adjustments		1		1
Pension and other postretirement benefit plan obligation activity, net of tax of $0 and $12 for the three months ended March 31, 2013 and 2012, respectively		22		20
Total comprehensive income (loss), net of tax	$	302	$	(303	)

Debtor In Possession Condensed Statement Of Retained Earnings [Table Text Block]

(in millions)	Three Months Ended
	March 31, 2013			March 31, 2012
Retained earnings at beginning of period	$	3,378		$	4,845
Net earnings (loss) and change in equity in earnings (loss) of non-filing entities attributable to Debtor Entities		306			(335	)
Loss from issuance of treasury stock		(31	)		(60	)
Retained earnings at end of period	$	3,653		$	4,450

Debtor In Possession Condensed Statement Of Financial Position [Table Text Block]

(in millions)	As of			As of
ASSETS	March 31, 2013			December 31, 2012
Current Assets
Cash and cash equivalents	$	407		$	337
Receivables, net		197			201
Receivables and advances from non-filing entities, net		163			159
Inventories, net		283			285
Other current assets		56			53
Total current assets		1,106			1,035
Property, plant and equipment, net of accumulated depreciation of $3,275 and $3,294, respectively		391			426
Goodwill		67			144
Investment in non-filing entities		1,989			1,964
Other long-term assets		36			17
TOTAL ASSETS	$	3,589		$	3,586
LIABILITIES AND EQUITY (DEFICIT)
Current Liabilities
Accounts payable, trade	$	184		$	192
Short-term borrowings and current portion of long-term debt		822			659
Other current liabilities		371			493
Total current liabilities		1,377			1,344
Long-term debt, net of current portion		370			740
Other long-term liabilities		273			293
Liabilities subject to compromise		2,940			2,909
Total Liabilities		4,960			5,286
Equity (Deficit)
Common stock, $2.50 par value		978			978
Additional paid in capital		1,104			1,105
Retained earnings		3,653			3,378
Accumulated other comprehensive loss		(1,393	)		(1,415	)
		4,342			4,046
Less: Treasury stock, at cost		(5,713	)		(5,746	)
Total Eastman Kodak Company shareholders’ deficit		(1,371	)		(1,700	)
Noncontrolling interests		-			-
Total deficit		(1,371	)		(1,700	)
TOTAL LIABILITIES AND DEFICIT	$	3,589		$	3,586

Debtor In Possession Condensed Statement Of Cash Flows [Table Text Block]

	Three Months Ended
(in millions)	March 31, 2013			March 31, 2012
Cash flows from operating activities:
Net earnings (loss) attributable to debtor entities	$	279		$	(327	)
Adjustments to reconcile to net cash used in operating activities:
Loss from discontinued operations, net of income taxes		-			41
Depreciation and amortization		32			42
Gain on sales of businesses/assets		(535	)		-
Loss on early extinguishment of debt		6			7
Non-cash restructuring costs, asset impairments and other charges		79			-
Non-cash reorganization items, net		62			39
(Benefit) provision for deferred income taxes		(4	)		6
Increase in receivables		(3	)		(126	)
Decrease (increase) in inventories		2			(28	)
(Decrease) increase in liabilities excluding borrowings		(149	)		494
Other items, net		(6	)		(217	)
Total adjustments		(516	)		258
Net cash used in continuing operations		(237	)		(69	)
Net cash (used in) provided by discontinued operations		(9	)		9
Net cash used in operating activities		(246	)		(60	)
Cash flows from investing activities:
Additions to properties		(2	)		(6)
Proceeds from sales of businesses/assets		534			-
Marketable securities - sales		15			28
Marketable securities - purchases		(17	)		(28	)
Net cash provided by investing activities		530			(6)
Cash flows from financing activities:
Proceeds from DIP credit agreements		450			686
Repayment of term loans under Original Senior DIP Credit Agreement		(664	)		(110	)
Reorganization items		-			(33	)
Net cash (used in) provided by financing activities		(214	)		543
Effect of exchange rate changes on cash		-			-
Net increase in cash and cash equivalents		70			477
Cash and cash equivalents, beginning of period		337			184
Cash and cash equivalents, end of period	$	407		$	661

Debtor in Possession Pre-Petition Liabilities Subject to Compromise [Table Text Block]

	As of		As of
(in millions)	March 31,		December 31,
	2013		2012
Accounts payable	$	281	$	283
Debt		683		683
Pension obligations		749		785
Settlements		802		710
Payables and advances to non-filing entities		194		193
Other liabilities subject to compromise		231		255
Liabilities subject to compromise	$	2,940	$	2,909