Note 16: Other Operating Expenses (Income), Net

12 Months Ended

Dec. 31, 2012

Other Operating Income And Other Expense Disclosure [Text Block]

NOTE 16:  OTHER OPERATING (INCOME) EXPENSES, NET

	For the Year Ended December 31,
(in millions)	2012			2011			2010
(Income) expenses:
Goodwill impairments (1)	$	-		$	8		$	626
Supply arrangement termination payment (2)		(35	)		-			-
Gains related to the sales of assets and businesses (3) (4)		(58	)		(78	)		(8	)
Other		(2	)		5			1
Total	$	(95	)	$	(65	)	$	619

(1) Refer to Note 8 “Goodwill and Other Intangible Assets,” in the Notes to Financial Statements.

(2)  In the fourth quarter of 2012, Kodak received cash proceeds of approximately $35 million associated with the termination of a supply arrangement.

(3) In December 2003, Kodak sold a property in France for approximately $65 million, net of direct selling costs, and then leased back a portion of this property for a nine-year term.  The entire gain on the property sale was deferred due to Kodak's significant continuing involvement in the property.  In the fourth quarter of 2012, the lease term expired and Kodak’s continuing involvement in the property ended.  As a result, Kodak recognized a gain of approximately $50 million.

(4)  On March 31, 2011, Kodak sold patents and patent applications related to CMOS image sensors to OmniVision Technologies Inc. for $65 million.  Kodak recognized a gain, net of transaction costs, of $62 million from this transaction.