Note 21 - Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2018

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:

	Three Months Ended
	March 31,
(in millions)	2018		2017
Net loss from derivatives not designated as hedging    instruments	$	—	$	4

Derivative Liability (Asset) Key Inputs in Determination of Fair Value of Optional and Mandatory Conversion [Table Text Block]

The following table presents the key inputs in the determination of the fair value of the Optional Conversion and Mandatory Conversion at March 31, 2018 and December 31, 2017:

	Valuation Date
	March 31,			December 31,
	2018			2017
Total value of embedded derivative liability (asset) ($ millions)	$	9		$	(4	)
Kodak's closing stock price		5.35			3.10
Expected stock price volatility		88.37	%		58.22	%
Risk free rate		2.44	%		2.08	%
Yield on the preferred stock		17.21	%		22.31	%