Note 11 - Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2017

Table [Text Block]

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

The net effect of foreign currency forward contracts in the results of operations is shown in the following table:

	Year Ended December 31,
(in millions)	2017			2016			2015
Net (loss) gain from derivatives not designated as hedging    instruments	$	(10	)	$	(21	)	$	14

Derivative (Assets) 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 December 31, 2017 and 2016:

	Valuation Date
(in millions)	December 31, 2017			December 31, 2016
Total value of embedded derivative (asset) liability	$	(4	)	$	43
Kodak's closing stock price		3.10			15.50
Expected stock price volatility		58.22	%		42.85	%
Risk free rate		2.08	%		1.93	%
Yield on the preferred stock		22.31	%		11.38	%