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Note 14 - Retirement Plans and Other Postretirement Benefits
6 Months Ended
Jun. 30, 2017
Disclosure Text Block [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]

NOTE 14: RETIREMENT PLANS AND OTHER POSTRETIREMENT BENEFITS

Components of the net periodic benefit cost for all major U.S. and Non-U.S. defined benefit plans are as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

(in millions)

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

Major defined benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

3

 

 

$

1

 

 

$

3

 

 

$

 

 

$

6

 

 

$

2

 

 

$

6

 

 

$

1

 

Interest cost

 

 

28

 

 

 

3

 

 

 

28

 

 

 

4

 

 

 

57

 

 

 

6

 

 

 

58

 

 

 

7

 

Expected return on plan assets

 

 

(61

)

 

 

(6

)

 

 

(66

)

 

 

(7

)

 

 

(122

)

 

 

(13

)

 

 

(131

)

 

 

(14

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service credit

 

 

(1

)

 

 

 

 

 

(1

)

 

 

 

 

 

(3

)

 

 

 

 

 

(3

)

 

 

 

Actuarial loss

 

 

 

 

 

 

 

 

2

 

 

 

 

 

 

 

 

 

1

 

 

 

2

 

 

 

 

Net pension income before special

   termination benefits

 

 

(31

)

 

 

(2

)

 

 

(34

)

 

 

(3

)

 

 

(62

)

 

 

(4

)

 

 

(68

)

 

 

(6

)

Special termination benefits

 

 

5

 

 

 

 

 

 

2

 

 

 

 

 

 

6

 

 

 

 

 

 

3

 

 

 

 

Net pension income

 

 

(26

)

 

 

(2

)

 

 

(32

)

 

 

(3

)

 

 

(56

)

 

 

(4

)

 

 

(65

)

 

 

(6

)

Other plans

 

 

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

1

 

 

 

 

 

 

(1

)

Total net pension income

 

$

(26

)

 

$

(1

)

 

$

(32

)

 

$

(3

)

 

$

(56

)

 

$

(3

)

 

$

(65

)

 

$

(7

)

 

For both the three-and six months ended June 30, 2017 and 2016 the special termination benefits charges were incurred as a result of Kodak’s restructuring actions.