Note 11 - Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Table [Text Block]

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

	Year Ended December 31,
(in millions)	2016			2015		2014
Net (loss) gain from derivatives not designated as hedging    instruments	$	(21	)	$	14	$	10

Derivative Liability Key Inputs in Determination of Fair Value [Table Text Block]

The following table presents the key inputs in the determination of fair value at issuance and December 31, 2016:

Derivative Liability Key Inputs in Determination of Fair Value [Table Text Block]

	Valuation Date
	November 15, 2016 (Issuance)			December 31, 2016
Total value of embedded derivative liability ($ millions)	$	43		$	43
Kodak's closing stock price		15.20			15.50
Expected stock price volatility		42.92	%		42.85	%
Risk free rate		1.68	%		1.93	%
Yield on the preferred stock		11.56	%		11.38	%