Note 13 - Income Taxes (Tables)

3 Months Ended

Mar. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Income Tax Provision and Effective Tax Rate

Kodak’s income tax provision and effective tax rate were as follows:

	Three Months Ended
	March 31,
(in millions)	2021			2020
Earnings from operations before income taxes	$	7		$	54
Effective tax rate		14.3	%		305.6	%
Provision for income taxes		1			165
Provision for income taxes at U.S. statutory tax rate		1			11
Difference between tax at effective vs. statutory rate	$	—		$	154