Note 21 - Discontinued Operations

9 Months Ended

Sep. 30, 2017

Disclosure Text Block [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

NOTE 21: DISCONTINUED OPERATIONS

KODAK PROSPER Enterprise Inkjet Business

The results of the Prosper business were previously presented as discontinued operations.  However, the held for sale criteria were no longer met as of March 31, 2017.  In April 2017, Kodak decided to retain the Prosper business.  The assets and liabilities of the Prosper business, previously presented as held for sale, have been reclassified to held and used in the Consolidated Statement of Financial Position as of December 31, 2016, and the results of the Prosper business have been reclassified from discontinued operations to continuing operations for all periods presented.  The Prosper business’ assets and liabilities as of March 31, 2017 were measured at the carrying amount before the assets were classified as held for sale, reduced by $12 million representing the depreciation and amortization expense that would have been recognized had the assets been continuously classified as held for use.  The $12 million reduction to the carrying value of the Prosper assets was reported in Other operating expense, net in the first quarter of 2017.

The reclassification of the results of the Prosper Business to continuing operations had the following impacts on the Consolidated Statement of Operations:

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
(in millions)	2017		2016			2017			2016
Revenues	$	—	$	29		$	—		$	68
Cost of revenues		—		27			—			58
Selling, general and administrative expenses		—		6			—			20
Research and development costs		—		5			—			16
Other operating (income) expense, net		—		—			12			—
Income (loss) from continuing operations before taxes		—		(9	)		(12	)		(26	)
Provision for income taxes		—		1			—			1
Income (loss) from continuing operations	$	—	$	(10	)	$	(12	)	$	(27	)