Note 10 - Other Operating Expense, Net (Tables)

3 Months Ended

Mar. 31, 2017

Schedule of Other Operating Expense, by Component [Table Text Block]

	Three Months Ended
	March 31,
(in millions)	2017			2016
(Income) expense:
Prosper asset remeasurement ⁽¹⁾	$	12		$	-
Silver metal mesh touch screen long-lived asset impairments ⁽²⁾		—			19
Goodwill and indefinite-lived intangible asset impairments ⁽³⁾		—			5
Legal settlements ⁽⁴⁾		—			(10	)
Other		(2	)		—
Total	$	10		$	14

⁽¹⁾	In the first quarter of 2017, Kodak reduced the carrying value of Prosper fixed assets ($8 million) and intangible assets ($4 million) to the amount that would have been recorded had the Prosper assets been continuously classified as held and used. Refer to Note 21, “Discontinued Operations”.

⁽²⁾

In the first quarter of 2016, due to the exit of its position in silver metal mesh touch screen development, Kodak concluded that the carrying value of property, plant and equipment associated with those operations exceeded their fair value. Kodak recorded pre-tax impairment charges in the three months ended March 31, 2016 of $11 million. Kodak also wrote off related intangible assets with a gross carrying amount of $14 million and accumulated amortization of $6 million and recorded an impairment charge of $8 million.

⁽³⁾	In the first quarter of 2016, Kodak concluded the carrying value of the Kodak trade name exceeded its fair value and recorded an impairment charge of $5 million related to the Kodak trade name.

⁽⁴⁾	In the first quarter of 2016, Kodak received $10 million representing net litigation proceeds from DuPont.