Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net income (loss)		$ 22	$ (116)
Adjustments to reconcile to net cash used in operating activities:
Depreciation and amortization		16	20
Pension income		(42)	(43)
Change in fair value of embedded derivatives in the Series A, Series B and Series C Preferred Stock and Convertible Notes	[1]		(49)
Net gain on sales of assets			(9)
Asset impairments	[2]		3
Stock based compensation		4	1
Non-cash changes in workers' compensation reserves		(3)
Provision for deferred income taxes			160
Decrease in trade receivables		1	64
Increase in inventories		(30)	(17)
Increase in trade payables		27	(50)
Decrease in liabilities excluding borrowings and trade payables		(20)	(31)
Other items, net		4	3
Total adjustments		(43)	52
Net cash used in operating activities		(21)	(64)
Cash flows from investing activities:
Additions to properties		(5)	(9)
Net proceeds from sales of assets/businesses			2
Net proceeds from return on equity investment			2
Net cash used in investing activities		(5)	(5)
Cash flows from financing activities:
Net proceeds from Term Loan Credit Agreement		215
Net proceeds from Convertible Notes		25
Net proceeds from Series C Preferred Stock		99
Proceeds from sale of common stock		10
Repurchase of Series A Preferred Stock		(100)
Debt issuance costs		(2)
Preferred stock cash dividend payments		(5)	(6)
Treasury stock purchases		(1)
Net cash provided by (used in) financing activities		241	(6)
Effect of exchange rate changes on cash, cash equivalents and restricted cash		(2)	(3)
Net increase (decrease) in cash, cash equivalents and restricted cash		213	(78)
Cash, cash equivalents and restricted cash, beginning of period		256	290
Cash, cash equivalents and restricted cash, end of period		$ 469	$ 212

[1] Refer to Note 20, “Financial Instruments”.

[2] In the first quarter of 2020 Kodak recorded a pre-tax impairment charge of the Kodak trade name.