View Filing Data

Equity transactions with noncontrolling interests

^[1]

(210)

(209)

^[1]

(2)

Other comprehensive loss:

Unrealized gains arising from hedging activity ($17, $4, and $5 million pre-tax in years 2009, 2010 and 2011 respectively)

^[1]

Reclassification adjustment for hedging related gains included in net earnings ($5, $8, and $5 million in years 2009, 2010 and 2011 respectively)

^[1]

(5)

Currency translation adjustments

^[1]

Recognition of equity-based compensation expense

^[1]

Pension and other postretirement liability adjustments ($1,111 and $470 pre-tax in 2009 and 2010 respectively)

^[1]

(1,027)

Other comprehensive loss

^[1]

(1,011)

Comprehensive loss

^[1]

(1,222)

Equity component of debt issuances

^[1]

181

Treasury stock issued, net (328,099, 268,464 and 154,696 shares in 2009, 2010 and 2011 respectively)

^[2]

^[1]

(8)

(10)

Unvested stock issuances (133,360 and 154,696 shares in 2009 and 2011 respectively)

^[1]

(1)

(7)

Equity (deficit), Balance at Dec. 31, 2009

978

^[1]

1,093

5,676

(1,760)

(6,022)

(35)

(33)

Unrealized gains arising from hedging activity ($17, $4, and $5 million pre-tax in years 2009, 2010 and 2011 respectively)

^[1]

(687)

Other comprehensive loss:

^[1]

Reclassification adjustment for hedging related gains included in net earnings ($5, $8, and $5 million in years 2009, 2010 and 2011 respectively)

^[1]

(8)

Currency translation adjustments

^[1]

Recognition of equity-based compensation expense

^[1]

Pension and other postretirement liability adjustments ($1,111 and $470 pre-tax in 2009 and 2010 respectively)

^[1]

(451)

Other comprehensive loss

^[1]

(375)

Comprehensive loss

^[1]

(1,062)

Equity component of debt issuances

^[1]

Treasury stock issued, net (328,099, 268,464 and 154,696 shares in 2009, 2010 and 2011 respectively)

^[2]

(9)

(20)

(1)

Equity (deficit), Balance at Dec. 31, 2010

978

^[1]

1,105

4,969

(2,135)

(5,994)

(1,077)

(1,075)

Unrealized gains on available-for-sale securities ($1 million pre-tax)

^[1]

(764)

Other comprehensive loss:

Unrealized gains arising from hedging activity ($17, $4, and $5 million pre-tax in years 2009, 2010 and 2011 respectively)

^[1]

Reclassification adjustment for hedging related gains included in net earnings ($5, $8, and $5 million in years 2009, 2010 and 2011 respectively)

^[1]

(14)

Currency translation adjustments

^[1]

Recognition of equity-based compensation expense

^[1]

Pension and other postretirement liability adjustments ($1,111 and $470 pre-tax in 2009 and 2010 respectively)

^[1]

(541)

Other comprehensive loss

^[1]

(531)

Comprehensive loss

^[1]

(1,295)

Equity component of debt issuances

^[1]

Treasury stock issued, net (328,099, 268,464 and 154,696 shares in 2009, 2010 and 2011 respectively)

^[2]

(16)

(127)

143

Unvested stock issuances (133,360 and 154,696 shares in 2009 and 2011 respectively)

^[1]

(1)

(7)

Equity (deficit), Balance at Dec. 31, 2011

$ 978

^[1]

$ 1,108

$ 4,071

$ (2,666)

$ (5,843)

$ (2,352)

$ 2

$ (2,350)

[1]	There are 100 million shares of $10 par value preferred stock authorized, none of which have been issued.
[2]	Includes stock awards issued, offset by shares surrendered for taxes

CONSOLIDATED STATEMENT OF EQUITY (DEFICIT) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Other comprehensive loss:
Unrealized gains on available-for-sale securities	$ 1	$ 0	$ 0
Unrealized gains arising from hedging activity, before tax	5	4	17
Reclassification adjustment for hedging related gains included in net earnings, before tax	14	8	5
Pension and other postretirement liability adjustments, before tax	$ 611	$ 470	$ 1,111
Treasury stock issued, shares (in shares)	2,326,209	268,464	328,099
Unvested stock issuances, shares (in shares)	133,360	0	154,696

Gross appreciation or the gross loss in value of the total of unsold available-for-sale securities (except when designated as a fair value hedge or which had been determined to have had an other than temporary decline in fair value below its amortized cost basis). While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Amounts recognized in other comprehensive income (but not yet recognized in net periodic benefit cost), including the net gain (loss) and net prior service cost (credit) arising during the period. Also includes reclassification adjustments out of other comprehensive income as a result of being recognized as components of net periodic benefit cost for the period. While for technical reasons this element has no balance attribute, the default assumption is a credit balance consistent with its label.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph C3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 22, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 55
-Paragraph 2
-Subparagraph (h)-(j)
-URI http://asc.fasb.org/extlink&oid=6920433&loc=d3e998-108581

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Pre tax reclassification adjustment for accumulated gains and losses from derivative instrument designated and qualifying as the effective portion of cash flow hedges included in accumulated comprehensive income that was realized in net income during the period. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a particular risk.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 31, 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 18, 19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Pre tax change in accumulated gains and losses from derivative instrument designated and qualifying as the effective portion of cash flow hedges. A cash flow hedge is a hedge of the exposure to variability in the cash flows of a recognized asset or liability or a forecasted transaction that is attributable to a particular risk. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Cash flows from operating activities:

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Adjustments to reconcile to net cash provided by operating activities:

$ (764)

$ (687)

$ (209)

(Earnings) loss from discontinued operations, net of income taxes

(3)

(17)

Earnings from extraordinary items, net of income taxes

(6)

Depreciation and amortization

294

378

427

Gain on sales of businesses/assets

(80)

(8)

(100)

Loss on early extinguishment of debt, net

102

Non-cash restructuring and rationalization costs, asset impairments and other charges

635

Provision (benefit) for deferred income taxes

(91)

(99)

Decrease in receivables

138

359

Decrease (increase) in inventories

131

(44)

280

Decrease in liabilities excluding borrowings

(729)

(584)

(821)

Other items, net

(70)

Total adjustments

(224)

468

Net cash used in continuing operations

(988)

(219)

(136)

Net cash used in discontinued operations

(10)

Net cash used in operating activities

(998)

(219)

(136)

Cash flows from investing activities:

Additions to properties

(128)

(149)

(152)

Proceeds from sales of businesses/assets

153

156

Acquisitions, net of cash acquired

(27)

(17)

(Funding) use of restricted cash and investment accounts

(22)

(12)

Marketable securities - sales

Marketable securities - purchases

(84)

(70)

(36)

Net cash used in investing activities

(25)

(112)

(22)

Cash flows from financing activities:

Proceeds from borrowings

412

503

712

Repayment of borrowings

(160)

(565)

(649)

Debt issuance costs

(6)

(12)

(30)

Net cash provided by (used in) financing activities

246

(74)

Effect of exchange rate changes on cash

Net decrease in cash and cash equivalents

(763)

(400)

(121)

Cash and cash equivalents, beginning of year

1,624

2,024

2,145

Cash and cash equivalents, end of year

861

1,624

2,024

Cash paid for interest and income taxes was:

Interest, net of portion capitalized of $1, $1 and $2

126

115

Income taxes

^[1]

197

225

The following non-cash items are not reflected in the Consolidated Statement of Cash Flows:

Pension and other postretirement benefits liability adjustments

(541)

(451)

(1,027)

Liabilities assumed in acquisitions

Issuance of unvested stock, net of forfeitures

$ 1

$ 0

[1]	Includes payments related to discontinued operations.

CHAPTER 11 FILING	12 Months Ended
CHAPTER 11 FILING	Dec. 31, 2011
CHAPTER 11 FILING [Abstract]
CHAPTER 11 FILING	NOTE 1: CHAPTER 11 FILING On January 19, 2012 (the “Petition Date”), Eastman Kodak Company (the “Company”) and its U.S. subsidiaries (together with the Company, the “Debtors”) filed voluntary petitions for relief (the “Bankruptcy Filing”) under chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) case number 12-10202. The Company's foreign subsidiaries (collectively, the “Non-Filing Entities”) were not part of the Bankruptcy Filing. The Debtors will continue to operate their businesses as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and the orders of the Bankruptcy Court. The Non-Filing Entities will continue to operate in the ordinary course of business. The Bankruptcy Filing is intended to permit the Company to reorganize and increase liquidity in the U.S. and abroad, monetize non-strategic intellectual property, fairly resolve legacy liabilities, and focus on the most valuable business lines to enable sustainable profitability. The Company's goal is to develop and implement a reorganization plan that meets the standards for confirmation under the Bankruptcy Code. Confirmation of a reorganization plan could materially alter the classifications and amounts reported in the Company's consolidated financial statements, which do not give effect to any adjustments to the carrying values of assets or amounts of liabilities that might be necessary as a consequence of a confirmation of a reorganization plan or other arrangement or the effect of any operational changes that may be implemented. Operation and Implication of the Bankruptcy Filing Under Section 362 of the Bankruptcy Code, the filing of voluntary bankruptcy petitions by the Debtors automatically stayed most actions against the Debtors, including most actions to collect indebtedness incurred prior to the Petition Date or to exercise control over the Company's property. Accordingly, although the Bankruptcy Filing triggered defaults for certain of the Debtor's debt obligations, creditors are stayed from taking any actions as a result of such defaults. Absent an order of the Bankruptcy Court, substantially all of the Company's pre-petition liabilities are subject to settlement under a reorganization plan. As a result of the Bankruptcy Filing the realization of assets and the satisfaction of liabilities are subject to uncertainty. The Debtors, operating as debtors-in-possession under the Bankruptcy Code, may, subject to approval of the Bankruptcy Court, sell or otherwise dispose of assets and liquidate or settle liabilities for amounts other than those reflected in the consolidated financial statements. Further, a confirmed reorganization plan or other arrangement may materially change the amounts and classifications in the Company's consolidated financial statements. Subsequent to the Petition Date, the Company received approval from the Bankruptcy Court to pay or otherwise honor certain pre-petition obligations generally designed to stabilize the Company's operations. These obligations related to certain employee wages, salaries and benefits, and the payment of vendors and other providers in the ordinary course for goods and services received after the Petition Date. The Company has retained, pursuant to Bankruptcy Court approval, legal and financial professionals to advise the Company in connection with the Bankruptcy Filing and certain other professionals to provide services and advice in the ordinary course of business. From time to time, the Company may seek Bankruptcy Court approval to retain additional professionals. The U.S. Trustee for the Southern District of New York (the “U.S. Trustee”) has appointed an official committee of unsecured creditors (the “UCC”). The UCC and its legal representatives have a right to be heard on all matters that come before the Bankruptcy Court on all matters affecting the Debtors. There can be no assurance that the UCC will support the Company's positions on matters to be presented to the Bankruptcy Court in the future or on any reorganization plan, once proposed. Reorganization Plan In order for the Company to emerge successfully from chapter 11, the Company must obtain the Bankruptcy Court's approval of a reorganization plan, which will enable the Company to transition from chapter 11 into ordinary course operations outside of bankruptcy. In connection with a reorganization plan, the Company also may require a new credit facility, or “exit financing.” The Company's ability to obtain such approval and financing will depend on, among other things, the timing and outcome of various ongoing matters related to the Bankruptcy Filing. A reorganization plan determines the rights and satisfaction of claims of various creditors and security holders, and is subject to the ultimate outcome of negotiations and Bankruptcy Court decisions ongoing through the date on which the reorganization plan is confirmed. Although the Company's goal is to file a plan of reorganization, the Company may determine that it is in the best interests of the Debtors' estates to seek Bankruptcy Court approval of a sale of all or a portion of the Company's assets pursuant to Section 363 of the Bankruptcy Code or seek confirmation of a reorganization plan providing for such a sale or other arrangement. The Company intends to propose a reorganization plan on or prior to the applicable date required under the Bankruptcy Code, as the same may be extended with approval of the Bankruptcy Court. The Company presently expects that any proposed reorganization plan will provide, among other things, mechanisms for settlement of claims against the Debtors' estates, treatment of the Company's existing equity and debt holders, and certain corporate governance and administrative matters pertaining to the reorganized Company. Any proposed reorganization plan will be subject to revision prior to submission to the Bankruptcy Court based upon discussions with the Company's creditors and other interested parties, and thereafter in response to creditor claims and objections and the requirements of the Bankruptcy Code or the Bankruptcy Court. There can be no assurance that the Company will be able to secure approval for the Company's proposed reorganization plan from the Bankruptcy Court or that the Company's proposed plan will be accepted by the lenders under a Debtor-in-Possession Revolving Credit Agreement (the “DIP Credit Agreement”). In the event the Company does not secure approval of the reorganization plan, the outstanding principal and interest could become immediately due and payable. Going Concern The Company incurred a net loss for the years ended 2009, 2010 and, 2011 and had a shareholders' deficit as of December 31, 2011 and 2010. To improve the Company's performance and address competitive challenges, the Company is developing a strategic plan for the ongoing operation of the Company's business. Successful implementation of the Company's plan, however, is subject to numerous risks and uncertainties. In addition, the increasingly competitive industry conditions under which the Company operates have negatively impacted the Company's results of operations and cash flows and may continue to do so in the future. These factors raise substantial doubt about the Company's ability to continue as a going concern. The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern and contemplate the realization of assets and the satisfaction of liabilities in the normal course of business. The Company's ability to continue as a going concern is contingent upon the Company's ability to comply with the financial and other covenants contained in the DIP Credit Agreement, the Bankruptcy Court's approval of the Company's reorganization plan and the Company's ability to successfully implement the Company's plan and obtain exit financing, among other factors. As a result of the Bankruptcy Filing, the realization of assets and the satisfaction of liabilities are subject to uncertainty. While operating as debtors-in-possession under chapter 11, the Company may sell or otherwise dispose of or liquidate assets or settle liabilities, subject to the approval of the Bankruptcy Court or as otherwise permitted in the ordinary course of business (and subject to restrictions contained in the DIP Credit Agreement), for amounts other than those reflected in the accompanying consolidated financial statements. Further, the reorganization plan could materially change the amounts and classifications of assets and liabilities reported in the consolidated financial statements. The accompanying consolidated financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities or any other adjustments that might be necessary should the Company be unable to continue as a going concern or as a consequence of the Bankruptcy Filing.

SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2011

Accounting Policies [Abstract]

SIGNIFICANT ACCOUNTING POLICIES

NOTE 2: SIGNIFICANT ACCOUNTING POLICIES

ACCOUNTING PRINCIPLES

The consolidated financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America. The following is a description of the significant accounting policies of Eastman Kodak Company.

BASIS OF CONSOLIDATION

The consolidated financial statements include the accounts of Eastman Kodak Company, its wholly owned subsidiaries, and its majority owned subsidiaries (collectively “the Company”). The Company consolidates variable interest entities if the Company has a controlling financial interest and is determined to be the primary beneficiary of the entity. The Company accounts for investments in companies over which it has the ability to exercise significant influence, but does not hold a controlling interest, under the equity method of accounting, and the Company records its proportionate share of income or losses in Other income (charges), net in the accompanying Consolidated Statements of Operations. The Company accounts for investments in companies over which it does not have the ability to exercise significant influence under the cost method of accounting. These investments are carried at cost and are adjusted only for other-than-temporary declines in fair value. The Company has eliminated all significant intercompany accounts and transactions, and net earnings are reduced by the portion of the net earnings of subsidiaries applicable to noncontrolling interests.

USE OF ESTIMATES

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at year end, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

CHANGE IN ESTIMATE

In conjunction with the Company's goodwill impairment analysis in the fourth quarter of 2010, the Company reviewed its estimates of the remaining useful lives of its Film, Photofinishing and Entertainment Group segment's long-lived assets. This analysis indicated that overall these assets will continue to be used in these businesses for a longer period than anticipated in 2008, the last time that depreciable lives were adjusted for these assets. As a result, the Company revised the useful lives of certain existing production machinery and equipment, and manufacturing-related buildings effective January 1, 2011. These assets, many of which were previously set to fully depreciate by 2012 to 2013, were changed to depreciate with estimated useful lives ending from 2012 to 2017. This change in useful lives reflects the Company's current estimate of future periods to be benefited from the use of the property, plant, and equipment.

The effect of this change in estimate for the year ended December 31, 2011 was a reduction in depreciation expense of $38 million, $32 million of which would have been recognized in Cost of sales, and $6 million of which would have been capitalized as inventories at December 31, 2011. The net impact of this change is an increase in earnings from continuing operations for the year ended December 31, 2011 of $32 million, or $.12 on a fully-diluted earnings per share basis.

FOREIGN CURRENCY

For most subsidiaries and branches outside the U.S., the local currency is the functional currency. The financial statements of these subsidiaries and branches are translated into U.S. dollars as follows: assets and liabilities at year-end exchange rates; income, expenses and cash flows at average exchange rates; and shareholders' equity at historical exchange rates. For those subsidiaries for which the local currency is the functional currency, the resulting translation adjustment is recorded as a component of Accumulated other comprehensive (loss) income in the accompanying Consolidated Statement of Financial Position. Translation adjustments related to investments that are permanent in nature are not tax-effected.

For certain other subsidiaries and branches, operations are conducted primarily in U.S. dollars, which is therefore the functional currency. Monetary assets and liabilities of these foreign subsidiaries and branches, which are recorded in local currency, are remeasured at year-end exchange rates, while the related revenue, expense, and gain and loss accounts, which are recorded in local currency, are remeasured at average exchange rates. Non-monetary assets and liabilities, and the related revenue, expense, and gain and loss accounts, are remeasured at historical rates. Adjustments that result from the remeasurement of the assets and liabilities of these subsidiaries are included in Net (loss) earnings in the accompanying Consolidated Statement of Operations.

The effects of foreign currency transactions, including related hedging activities, are included in Other income (charges), net, in the accompanying Consolidated Statement of Operations.

CONCENTRATION OF CREDIT RISK

Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash and cash equivalents, receivables, and derivative instruments. The Company places its cash and cash equivalents with high-quality financial institutions and limits the amount of credit exposure to any one institution. With respect to receivables, such receivables arise from sales to numerous customers in a variety of industries, markets, and geographies around the world. Receivables arising from these sales are generally not collateralized. The Company performs ongoing credit evaluations of its customers' financial conditions, and maintains reserves for potential credit losses and such losses, in the aggregate, have not exceeded management's expectations. With respect to the derivative instruments, the counterparties to these contracts are major financial institutions. The Company has not experienced non-performance by any of its derivative instruments counterparties.

DERIVATIVE FINANCIAL INSTRUMENTS

All derivative instruments are recognized as either assets or liabilities and are measured at fair value. Certain derivatives are designated and accounted for as hedges. The Company does not use derivatives for trading or other speculative purposes. See Note 13, “Financial Instruments.”

CASH EQUIVALENTS

All highly liquid investments with a remaining maturity of three months or less at date of purchase are considered to be cash equivalents.

INVENTORIES

Inventories are stated at the lower of cost or market. The cost of all of the Company's inventories is determined by either the “first in, first out” (“FIFO”) or average cost method, which approximates current cost. The Company provides inventory reserves for excess, obsolete or slow-moving inventory based on changes in customer demand, technology developments or other economic factors.

PROPERTIES

Properties are recorded at cost, net of accumulated depreciation. The Company capitalizes additions and improvements. Maintenance and repairs are charged to expense as incurred. The Company calculates depreciation expense using the straight-line method over the assets' estimated useful lives, which are as follows:

	Years
Buildings and building improvements	5-40
Land improvements	20
Leasehold improvements	3-20
Equipment	3-15
Tooling	1-3
Furniture and fixtures	5-10

The Company depreciates leasehold improvements over the shorter of the lease term or the asset's estimated useful life. Upon sale or other disposition, the applicable amounts of asset cost and accumulated depreciation are removed from the accounts and the net amount, less proceeds from disposal, is charged or credited to net (loss) earnings.

GOODWILL

Goodwill represents the excess of purchase price of an acquisition over the fair value of net assets acquired. Goodwill is not amortized, but is required to be assessed for impairment at least annually. The Company has elected September 30 as the annual impairment assessment date for all of its reporting units, and will perform additional impairment tests when events or changes in circumstances occur that would more likely than not reduce the fair value of the reporting unit below its carrying amount. A reporting unit is defined as an operating segment or one level below an operating segment. During 2011, the Company estimated the fair value of its reporting units utilizing an income approach through the application of a discounted cash flow method. During 2010, the Company estimated the fair value of its reporting units utilizing income and market approaches through the application of discounted cash flow and market comparable methods, respectively. The assessment is performed in two steps, step one to test for a potential impairment of goodwill and, if potential losses are identified, step two to measure the impairment loss. Determining the fair value of a reporting unit involves the use of significant estimates and assumptions.

The Company recorded pre-tax goodwill impairment charges of $8 million and $626 million in 2011 and 2010, respectively. See Note 6, “Goodwill and Other Intangible Assets.”

REVENUE

The Company's revenue transactions include sales of the following: products; equipment; software; services; integrated solutions; and intellectual property licensing. The Company recognizes revenue when realized or realizable and earned, which is when the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the sales price is fixed or determinable; and (4) collectability is reasonably assured. If the Company determines that collection of a fee is not reasonably assured, the fee is deferred and revenue is recognized at the time collection becomes reasonably assured, which is generally upon receipt of payment. At the time revenue is recognized, the Company provides for the estimated costs of customer incentive programs and estimated returns and reduces revenue accordingly. The Company accrues the estimated cost of post-sale obligations, including basic product warranties, based on historical experience at the time the Company recognizes revenue.

For product sales, the revenue recognition criteria are generally met when title and risk of loss have transferred from the Company to the buyer, which may be upon shipment or upon delivery to the customer site, based on contract terms or legal requirements in certain jurisdictions. Service revenues are recognized as such services are rendered.

For equipment sales, the recognition criteria are generally met when the equipment is delivered and installed at the customer site. Revenue is recognized for equipment upon delivery as opposed to upon installation when the equipment has stand-alone value to the customer, and the amount of revenue allocable to the equipment is not legally contingent upon the completion of the installation. In instances in which the agreement with the customer contains a customer acceptance clause, revenue is deferred until customer acceptance is obtained, provided the customer acceptance clause is considered to be substantive. For certain agreements, the Company does not consider these customer acceptance clauses to be substantive because the Company can and does replicate the customer acceptance test environment and performs the agreed upon product testing prior to shipment. In these instances, revenue is recognized upon installation of the equipment.

Revenue from the sale of software licenses is recognized when; (1) the Company enters into a legally binding arrangement with a customer for the license of software; (2) the Company delivers the software; (3) customer payment is deemed fixed or determinable and free of contingencies or significant uncertainties; and (4) collection from the customer is reasonably assured. Software maintenance and support revenue is recognized ratably over the term of the related maintenance contract.

Revenue from services includes extended warranty, customer support and maintenance agreements, consulting, business process services, training and education. Service revenue is recognized over the contractual period or as services are performed. In service arrangements where final acceptance of a system or solution by the customer is required, revenue is deferred until all acceptance criteria have been met.

The timing and the amount of revenue recognized from the licensing of intellectual property depend upon a variety of factors, including the specific terms of each agreement and the nature of the deliverables and obligations. Revenue is only recognized after all of the following criteria are met: (1) the Company enters into a legally binding arrangement with a licensee of Kodak's intellectual property, (2) the Company delivers the technology or intellectual property rights, (3) licensee payment is deemed fixed or determinable and free of contingencies or significant uncertainties, and (4) collection from the licensee is reasonably assured.

When the Company has continuing obligations related to a licensing arrangement, including extending the rights to currently undeveloped intellectual property, the Company applies the multiple element revenue guidance described below to determine the separation, allocation and recognition of revenue.

The Company's transactions may involve the sale of equipment, software, and related services under multiple element arrangements. The Company allocates revenue to the various elements based on available vendor specific objective evidence (“VSOE”), third party evidence, or best estimated selling price. Revenue allocated to an individual element is recognized when all other revenue recognition criteria are met for that element. Kodak limits the amount of revenue recognition for delivered elements to the amount that is not contingent on the future delivery of products or services, future performance obligations or subject to customer-specified return or refund privileges.

The Company evaluates each deliverable in an arrangement to determine whether they represent separate units of accounting. A deliverable constitutes a separate unit of accounting when it has stand-alone value to the customer, and if the arrangement includes a general right of return relative to the delivered item(s), delivery or performance of the undelivered item(s) is considered probable and substantially in our control. If these criteria are not met, the arrangement is accounted for as one unit of accounting and the recognition of revenue generally occurs upon delivery/completion or ratably as a single unit of accounting over the contractual service period.

Consideration in a multiple element arrangement is allocated at the inception of the arrangement to all deliverables on the basis of the relative selling price. When applying the relative selling price method, the selling price for each deliverable is based on its VSOE if available, third party evidence (“TPE”) if VSOE is not available, or best estimated selling price (“BESP”) if neither VSOE nor TPE is available. The Company establishes VSOE of selling price using the price charged for a deliverable when sold separately. TPE of selling price is established by evaluating largely similar and interchangeable competitor products or services in standalone sales to similarly situated customers. The best estimate of selling price is established by considering internal factors such as margin objectives, pricing practices and controls, customer segment pricing strategies and the product life cycle. Consideration is also given to geographies, market conditions such as competitor pricing strategies and industry technology life cycles. The Company regularly reviews VSOE, TPE and BESP and maintains internal controls over the establishment and updates of these estimates.

Most of the Company's equipment has both software and non-software components that function together to deliver the equipment's essential functionality and therefore they are accounted for together as non-software deliverables. Non-essential software sold in connection with the Company's equipment sales is off-the-shelf and accounted for as separate deliverables or elements. In most cases these software products sold as part of a multiple element arrangement include software maintenance agreements as well as unspecified upgrades or enhancements on a when-and-if-available basis. In those multiple element arrangements where non-essential software deliverables are included, revenue is allocated to non-software and to software deliverables each as a group based on relative selling prices of each of the deliverables in the arrangement. The software deliverables are subject to software accounting whereby revenue is allocated based on relative VSOE or based on the residual method when VSOE exists for all undelivered software elements such as post-contract support. Revenue allocated to the software deliverables is deferred and amortized over the contract period if VSOE does not exist for the undelivered elements. Revenue allocated to software licenses is recognized when all other revenue criteria have been met. Revenue generated from maintenance and unspecified upgrades or updates on a when-and-if-available basis is recognized over the contract period.

At the time revenue is recognized, the Company also records reductions to revenue for customer incentive programs. Such incentive programs include cash and volume discounts, price protection, promotional, cooperative and other advertising allowances, and coupons. For those incentives that require the estimation of sales volumes or redemption rates, such as for volume rebates or coupons, the Company uses historical experience and internal and customer data to estimate the sales incentive at the time revenue is recognized.

In instances where the Company provides slotting fees or similar arrangements, this incentive is recognized as a reduction in revenue when payment is made to the customer (or at the time the Company has incurred the obligation, if earlier) unless the Company receives a benefit over a period of time, in which case the incentive is recorded as an asset and is amortized as a reduction of revenue over the period in which the benefit is realized. Arrangements in which the Company receives an identifiable benefit include arrangements that have enforceable exclusivity provisions and include clawback provisions entitling the Company to a pro rata reimbursement if the customer does not fulfill its obligations under the contract.

The Company may offer customer financing to assist customers in their acquisition of Kodak's products. At the time a financing transaction is consummated, which qualifies as a sales-type lease, the Company records equipment revenue equal to the total lease receivable net of unearned income. Unearned income is recognized as finance income using the effective interest method over the term of the lease. Leases not qualifying as sales-type leases are accounted for as operating leases. The Company recognizes revenue from operating leases as earned.

RESEARCH AND DEVELOPMENT COSTS

ADVERTISING

Advertising costs are expensed as incurred and included in selling, general and administrative expenses in the accompanying Consolidated Statement of Operations. Advertising expenses amounted to $206 million, $301 million, and $271 million for the years ended December 31, 2011, 2010, and 2009, respectively.

SHIPPING AND HANDLING COSTS

Amounts charged to customers and costs incurred by the Company related to shipping and handling are included in net sales and cost of sales, respectively.

IMPAIRMENT OF LONG-LIVED ASSETS

The Company reviews the carrying values of its long-lived assets, other than goodwill and purchased intangible assets with indefinite useful lives, for impairment whenever events or changes in circumstances indicate that the carrying values may not be recoverable. The Company assesses the recoverability of the carrying values of long-lived assets by first grouping its long-lived assets with other assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities (the asset group) and, secondly, by estimating the undiscounted future cash flows that are directly associated with and that are expected to arise from the use of and eventual disposition of such asset group. The Company estimates the undiscounted cash flows over the remaining useful life of the primary asset within the asset group. If the carrying value of the asset group exceeds the estimated undiscounted cash flows, the Company records an impairment charge to the extent the carrying value of the long-lived assets exceed their fair value. The Company determines fair value through quoted market prices in active markets or, if quoted market prices are unavailable, through the performance of internal analyses of discounted cash flows.

In connection with its assessment of recoverability of its long-lived assets and its ongoing strategic review of the business and its operations, the Company continually reviews the remaining useful lives of its long-lived assets. If this review indicates that the remaining useful life of the long-lived asset has changed significantly, the Company adjusts the depreciation on that asset to facilitate full cost recovery over its revised estimated remaining useful life.

INCOME TAXES

The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of operating losses, credit carryforwards and temporary differences between the carrying amounts and tax basis of the Company's assets and liabilities. The Company records a valuation allowance to reduce its net deferred tax assets to the amount that is more likely than not to be realized. For discussion of the amounts and components of the valuation allowances as of December 31, 2011 and 2010, see Note 16, “Income Taxes.”

EARNINGS PER SHARE

Basic earnings per share computations are based on the weighted-average number of shares of common stock outstanding during the year. As a result of the net loss from continuing operations presented for the years ended December 31, 2011, 2010, and 2009, the Company calculated diluted earnings per share using weighted-average basic shares outstanding for each period, as utilizing diluted shares would be anti-dilutive to loss per share. Weighted-average basic shares outstanding for the years ended December 31, 2011, 2010, and 2009 were 269.1 million, 268.5 million, and 268.0 million shares, respectively.

If the Company had reported earnings from continuing operations for the years ended December 31, 2011, 2010, and 2009, the following potential shares of the Company's common stock would have been dilutive in the computation of diluted earnings per share:

(in millions of shares)	For the Year Ended December 31,
	2011		2010		2009

Unvested share-based awards		0.4		2.7		0.5

The computation of diluted earnings per share for the years ended December 31, 2011, 2010, and 2009 also excluded the assumed conversion of outstanding employee stock options and detachable warrants to purchase common shares, because the effects would be anti-dilutive. The following table sets forth the total amount of outstanding employee stock options and detachable warrants to purchase common shares as of December 31 for each reporting period:

(in millions of shares)	For the Year Ended December 31,
	2011		2010		2009

Employee stock options		13.6		18.0		23.5
Detachable warrants to purchase common shares		40.0		40.0		40.0
Total		53.6		58.0		63.5

Diluted earnings per share calculations could also reflect shares related to the assumed conversion of approximately $315 million of convertible senior notes due 2017, if dilutive. The Company's diluted (loss) earnings per share excludes the effect of these convertible securities, as they were anti-dilutive for all periods presented. Refer to Note 9, “Short-Term Borrowings and Long-Term Debt.”

RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS

In December 2010, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2010-28, “When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units with Zero or Negative Carrying Amounts,” which amends Accounting Standards Codification (ASC) Topic 350, “Intangibles – Goodwill and Other.” ASU No. 2010-28 amends the ASC to require entities that have a reporting unit with a zero or negative carrying value to assess whether qualitative factors indicate that it is more likely than not that an impairment of goodwill exists, and if an entity concludes that it is more likely than not that an impairment exists, the entity must measure the goodwill impairment. The changes to the ASC as a result of this update were effective for annual and interim reporting periods beginning after December 15, 2010 (January 1, 2011 for the Company). The adoption of this guidance did not impact the Company's Consolidated Financial Statements.

In October 2009, the FASB issued ASU No. 2009-13, “Multiple-Deliverable Revenue Arrangements,” which amends ASC Topic 605, “Revenue Recognition.” ASU No. 2009-13 amends the ASC to eliminate the residual method of allocation for multiple-deliverable revenue arrangements, and requires that arrangement consideration be allocated at the inception of an arrangement to all deliverables using the relative selling price method. The ASU also establishes a selling price hierarchy for determining the selling price of a deliverable, which includes: (1) vendor-specific objective evidence if available, (2) third-party evidence if vendor-specific objective evidence is not available, and (3) estimated selling price if neither vendor-specific nor third-party evidence is available. Additionally, ASU No. 2009-13 expands the disclosure requirements related to a vendor's multiple-deliverable revenue arrangements. The changes to the ASC as a result of this update were effective prospectively for revenue arrangements entered into or materially modified in fiscal years beginning on or after June 15, 2010 (January 1, 2011 for the Company). The adoption of this guidance did not have a material impact on the Company's Consolidated Financial Statements.

In October 2009, the FASB issued ASU No. 2009-14, “Certain Revenue Arrangements That Include Software Elements,” which amends ASC Topic 985, “Software.” ASU No. 2009-14 amends the ASC to change the accounting model for revenue arrangements that include both tangible products and software elements, such that tangible products containing both software and non-software components that function together to deliver the tangible product's essential functionality are no longer within the scope of software revenue guidance. The changes to the ASC as a result of this update were effective prospectively for revenue arrangements entered into or materially modified in fiscal years beginning on or after June 15, 2010 (January 1, 2011 for the Company). The adoption of this guidance did not have a material impact on the Company's Consolidated Financial Statements.

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

In December 2011, the FASB issued ASU No. 2011-10, “Derecognition of in Substance Real Estate – a Scope Clarification,” which amends ASC Topic 360, “Property, Plant and Equipment.” ASU No. 2011-10 states that when an investor ceases to have a controlling financial interest in an entity that is in-substance real estate as a result of a default on the entity's nonrecourse debt, the investor should apply the guidance under ASC Subtopic 360-20, Property, Plant and Equipment – Real Estate Sales (formerly FAS 66) to determine whether to derecognize the entity's assets (including real estate) and liabilities (including the nonrecourse debt). The changes to the ASC as a result of this update are effective prospectively for deconsolidation events occurring during fiscal years, and interim periods within those years, beginning on or after June, 15, 2012 (January 1, 2013 for the Company). Adoption of this guidance will not impact the Company's Consolidated Financial Statements.

In December 2011, the FASB issued ASU No. 2011-11, “Balance Sheet (ASC Topic 210): Disclosures about Offsetting Assets and Liabilities.” ASU No. 2011-11 creates new disclosure requirements about the nature of an entity's rights of setoff and related arrangements associated with its financial instruments and derivative instruments. The changes to the ASC as a result of this update are effective for periods beginning on or after January 1, 2013 (January 1, 2013 for the Company) and must be shown retrospectively for all comparative periods presented. This guidance requires new disclosures only, and will have no impact on the Company's Consolidated Financial Statements.

In September 2011, the FASB issued ASU No. 2011-08, “Intangibles-Goodwill and Other (ASC Topic 350) – Testing Goodwill for Impairment.” ASU No. 2011-08 amends the impairment test for goodwill by allowing companies to first assess qualitative factors to determine if it is more likely than not that goodwill might be impaired and whether it is necessary to perform the current two-step goodwill impairment test. The changes to the ASC as a result of this update are effective prospectively for interim and annual periods beginning after December 15, 2011 (January 1, 2012 for the Company). Adoption of this guidance will not impact the Company's Consolidated Financial Statements.

In June 2011, the FASB issued ASU No. 2011-05, “Comprehensive Income (ASC Topic 220) - Presentation of Comprehensive Income.” ASU No. 2011-05 eliminates the option to present the components of other comprehensive income as part of the statement of equity and requires an entity to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. Subsequently, the FASB issued ASU No. 2011-12, “Comprehensive Income (ASC Topic 220) – Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05.” ASU 2011-12 defers indefinitely the provision within ASU 2011-05 requiring entities to present reclassification adjustments out of accumulated other comprehensive income (AOCI) by component in both the income statement and the statement in which other comprehensive income (OCI) is presented. ASU 2011-12 does not change the other provisions instituted within ASU 2011-05. The amendments of both ASUs are effective retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2011 (January 1, 2012 for the Company). The guidance requires changes in presentation only and will have no impact on the Company's Consolidated Financial Statements.

In May 2011, the FASB issued ASU No. 2011-04, “Fair Value Measurement (ASC Topic 820) - Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.” ASU No. 2011-04 amends current fair value measurement and disclosure guidance to include increased transparency around valuation inputs and investment categorization. The changes to the ASC as a result of this update are effective prospectively for interim and annual periods beginning after December 15, 2011 (January 1, 2012 for the Company). The adoption of this guidance will not have a significant impact on ithe Company's Consolidated Financial Statements.

RECEIVABLES, NET

12 Months Ended

Dec. 31, 2011

RECEIVABLES, NET [Abstract]

RECEIVABLES, NET

NOTE 3: RECEIVABLES, NET

	As of December 31,
(in millions)	2011		2010

Trade receivables	$	996	$	1,074
Miscellaneous receivables		107		122
Total (net of allowances of $51 and $77as of December 31, 2011 and 2010, respectively)	$	1,103	$	1,196

Approximately $191 million and $224 million of the total trade receivable amounts as of December 31, 2011 and 2010, respectively, are expected to be settled through customer deductions in lieu of cash payments. Such deductions represent rebates owed to the customer and are included in Other current liabilities in the accompanying Consolidated Statement of Financial Position at each respective balance sheet date.

INVENTORIES, NET

12 Months Ended

Dec. 31, 2011

INVENTORIES, NET [Abstract]

INVENTORIES, NET

NOTE 4: INVENTORIES, NET

	As of December 31,
	2011		2010

Finished goods	$	379	$	471
Work in process		123		154
Raw materials		105		121

Total	$	607	$	746

PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2011

PROPERTY, PLANT AND EQUIPMENT, NET [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 5: PROPERTY, PLANT AND EQUIPMENT, NET

(in millions)	As of December 31,
	2011			2010
Land	$	44		$	43
Buildings and building improvements		1,339			1,413
Machinery and equipment		4,042			4,494
Construction in progress		60			72
		5,485			6,022
Accumulated depreciation		(4,590	)		(4,985	)
Net properties	$	895		$	1,037

Depreciation expense was $253 million, $318 million, and $354 million for the years 2011, 2010, and 2009, respectively, of which approximately $10 million, $6 million, and $22 million, respectively, represented accelerated depreciation in connection with restructuring actions.

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2011

GOODWILL AND OTHER INTANGIBLE ASSETS

NOTE 6: GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill was $277 million and $294 million as of December 31, 2011 and 2010, respectively. The changes in the carrying amount of goodwill by reportable segment for 2011 and 2010 were as follows:

(in millions)	Consumer						Film,
	Digital			Graphic			Photofinishing
	Imaging			Communications			and Entertainment			Consolidated
	Group			Group			Group			Total

Balance as of December 31, 2009:
Goodwill	$	195		$	879		$	618		$	1,692
Accumulated impairment losses		-			(785	)		-			(785	)
	$	195		$	94		$	618		$	907

Impairment		-			8			(626	)		(618	)
Currency translation adjustments		6			(9	)		8			5
Balance as of December 31, 2010:
Goodwill		201			870			626			1,697
Accumulated impairment losses		-			(777	)		(626	)		(1,403	)
	$	201		$	93		$	-		$	294

Impairment		-			(8	)		-			(8	)
Divesiture		(6	)		(4	)		-			(10	)
Currency translation adjustments		2			(1	)		-			1
Balance as of December 31, 2011:
Goodwill		197			865			626			1,688
Accumulated impairment losses		-			(785	)		(626	)		(1,411	)
	$	197		$	80		$	-		$	277

During 2010, due to continuing challenging business conditions driven, in part, by rising commodity prices and a continuation of significant declines in the FPEG business caused by digital substitution, the Company concluded there was an indication of a possible goodwill impairment related to the FPEG segment. Based on its analysis, the Company concluded that there was an impairment of goodwill related to the FPEG segment. The Company recorded a pre-tax impairment charge of $626 million in the fourth quarter of 2010 that was included in Other operating expenses (income), net in the Consolidated Statement of Operations.

During 2011, due to the impact of continued pricing pressures and higher commodity costs within Prepress Solutions, as well as higher start-up costs associated with the commercialization and placement of Prosper Printing Systems, the Company concluded that the carrying value of goodwill for its Commercial Printing reporting unit exceeded the implied fair value of goodwill. The Company recorded a pre-tax impairment charge of $8 million in 2011 that was included in Other operating expenses (income), net in the Consolidated Statement of Operations.

The gross carrying amount and accumulated amortization by major intangible asset category as of December 31, 2011 and 2010 were as follows:

	As of December 31, 2011
	Gross Carrying		Accumulated				Weighted-Average
(in millions)	Amount		Amortization		Net		Amortization Period
Technology-based	$	146	$	133	$	13	7 years
Customer-related		223		157		66	10 years
Other		16		8		8	18 years

Total	$	385	$	298	$	87	9 years

	As of December 31, 2010
	Gross Carrying		Accumulated				Weighted-Average
(in millions)	Amount		Amortization		Net		Amortization Period
Technology-based	$	168	$	135	$	33	7 years
Customer-related		256		177		79	11 years
Other		29		17		12	14 years

Total	$	453	$	329	$	124	10 years

Amortization expense related to intangible assets was $41 million, $60 million, and $73 million for the years ended December 31, 2011, 2010, and 2009, respectively.

Estimated future amortization expense related to purchased intangible assets as of December 31, 2011 was as follows (in millions):

2012	$	27
2013		14
2014		11
2015		10
2016		10
2017+		15
Total	$	87

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

OTHER CURRENT LIABILITIES [Abstract]

OTHER LONG-TERM ASSETS

12 Months Ended

Dec. 31, 2011

OTHER LONG-TERM ASSETS [Abstract]

OTHER LONG-TERM ASSETS

NOTE 7: OTHER LONG-TERM ASSETS

	As of December 31,
(in millions)	2011		2010

Deferred income taxes, net of valuation allowance	$	452	$	695
Intangible assets		87		124
Other		264		290
Total	$	803	$	1,109

The Other component above consists of other miscellaneous long-term assets that, individually, were less than 5% of the Company's total assets in the accompanying Consolidated Statement of Financial Position, and therefore, have been aggregated in accordance with Regulation S-X.

OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2011

OTHER CURRENT LIABILITIES

NOTE 8: OTHER CURRENT LIABILITIES

	As of December 31,
(in millions)	2011		2010

Accrued employment-related liabilities	$	359	$	420
Accrued customer rebates, advertising and promotional expenses		245		322
Deferred revenue		169		165
Accrued restructuring liabilities		60		42
Other		419		519
Total	$	1,252	$	1,468

The Other component above consists of other miscellaneous current liabilities that, individually, were less than 5% of the Total current liabilities component within the Consolidated Statement of Financial Position, and therefore, have been aggregated in accordance with Regulation S-X.

SHORT-TERM BORROWINGS AND LONG-TERM DEBT

12 Months Ended

Dec. 31, 2011

SHORT-TERM BORROWINGS AND LONG-TERM DEBT [Abstract]

SHORT-TERM BORROWINGS AND LONG-TERM DEBT

NOTE 9: SHORT-TERM BORROWINGS AND LONG-TERM DEBT

SHORT-TERM BORROWINGS AND CURRENT PORTION OF LONG-TERM DEBT

The Company's current portion of long-term debt was $152 million and $50 million as of December 31, 2011 and 2010, respectively. There was $100 million outstanding under short-term bank borrowings as of December 31, 2011.

LONG-TERM DEBT, INCLUDING LINES OF CREDIT

Long-term debt and related maturities and interest rates were as follows:

				As of December 31,
(in millions)				2011						2010

				Weighted-Average						Weighted-Average
				Effective Interest			Amount			Effective Interest			Amount
Country	Type	Maturity		Rate			Outstanding			Rate			Outstanding

U.S.	Term note		2011-2013		6.16	%	$	19			6.16	%	$	27
Germany	Term note		2011-2013		6.16	%		75			6.16	%		109
Brazil	Term note		2012-2013		19.80	%		5			-			-
U.S.	Term note		2013		7.25	%		250			7.25	%		300
U.S.	Revolver		2013		4.75	%		100			-			-
U.S.	Convertible		2017		12.75	%		315			12.75	%		305
U.S.	Secured term note		2018		10.11	%		491			10.11	%		491
U.S.	Term note		2018		9.95	%		3			9.95	%		3
U.S.	Secured term note		2019		10.87	%		247			-			-
U.S.	Term note		2021		9.20	%		10			9.20	%		10
								1,515						1,245
Current portion of long-term debt								(152	)					(50	)
Long-term debt, net of current portion							$	1,363					$	1,195

Annual maturities (in millions) of long-term debt outstanding at December 31, 2011 were as follows:

	Carrying		Principal
	Value		Amount

2012	$	52	$	52
2013		397		402
2014		-		-
2015		-		-
2016		-		-
2017 and thereafter		1,066		1,164
Total	$	1,515	$	1,618

Issuance of Senior Secured Notes due 2019

On March 15, 2011, the Company issued $250 million of aggregate principal amount of 10.625% senior secured notes due March 15, 2019 (2019 Senior Secured Notes). Terms of the notes require interest at an annual rate of 10.625% of the principal amount at issuance, payable semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2011.

Upon issuance of the 2019 Senior Secured Notes, the Company received proceeds of approximately $247 million ($250 million aggregate principal less $3 million stated discount). The proceeds were used to repurchase $50 million of the 7.25% Senior Notes due 2013 with the remaining amount being used for other general corporate purposes.

In connection with the issuance of the 2019 Senior Secured Notes, the Company and the subsidiary guarantors (as defined below) entered into an indenture, dated as of March 15, 2011, with Bank of New York Mellon as trustee and second lien collateral agent (Indenture).

At any time prior to March 15, 2015, the Company will be entitled at its option to redeem some or all of the 2019 Senior Secured Notes at a redemption price of 100% of the principal plus accrued and unpaid interest and a “make-whole” premium (as defined in the Indenture). On and after March 15, 2015, the Company may redeem some or all of the 2019 Senior Secured Notes at certain redemption prices expressed as percentages of the principal plus accrued and unpaid interest. In addition, prior to March 15, 2014, the Company may redeem up to 35% of the 2019 Senior Secured Notes at a redemption price of 110.625% of the principal, plus accrued and unpaid interest, using proceeds from certain equity offerings, provided the redemption takes place within 120 days after the closing of the related equity offering and not less than 65% of the original aggregate principal remains outstanding immediately thereafter.

Upon the occurrence of a change of control, each holder of the 2019 Senior Secured Notes has the right to require the Company to repurchase some or all of such holder's 2019 Senior Secured Notes at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the repurchase date.

The Indenture contains covenants limiting, among other things, the Company's ability and the ability of the Company's restricted subsidiaries (as defined in the Indenture) to (subject to certain exceptions and qualifications): incur additional debt or issue certain preferred stock; pay dividends or make distributions in respect of capital stock or make other restricted payments; make principal payments on, or purchase or redeem subordinated indebtedness prior to any scheduled principal payment or maturity; make certain investments; sell certain assets; create liens on assets; consolidate, merge, sell or otherwise dispose of all or substantially all of the Company's and its subsidiaries' assets; enter into certain transactions with affiliates; and designate the Company's subsidiaries as unrestricted subsidiaries. The Company was in compliance with these covenants as of December 31, 2011.

The 2019 Senior Secured Notes are fully and unconditionally guaranteed (Guarantees) on a senior secured basis by each of the Company's existing and future direct or indirect 100% owned domestic subsidiaries, subject to certain exceptions (Subsidiary Guarantors). The 2019 Senior Secured Notes and Guarantees are secured by second-priority liens, subject to permitted liens, on substantially all of the Company's domestic assets and substantially all of the domestic assets of the Subsidiary Guarantors pursuant to a supplement, dated March 15, 2011, to the security agreement, dated March 5, 2010, entered into with Bank of New York Mellon as second lien collateral agent. The carrying value of the assets pledged as collateral at December 31, 2011 was approximately $1 billion.

The 2019 Senior Secured Notes are the Company's senior secured obligations and rank senior in right of payment to any future subordinated indebtedness; rank equally in right of payment with all of the Company's existing and future senior indebtedness; are effectively senior in right of payment to the Company's existing and future unsecured indebtedness, are effectively subordinated in right of payment to indebtedness under the Company's Second Amended Credit Agreement (as defined below) to the extent of the collateral securing such indebtedness on a first-priority basis; and effectively are subordinated in right of payment to all existing and future indebtedness and other liabilities of the Company's non-guarantor subsidiaries.

Certain events are considered events of default and may result in the acceleration of the maturity of the 2019 Senior Secured Notes, including, but not limited to (subject to applicable grace and cure periods): default in the payment of principal or interest when it becomes due and payable; failure to purchase Senior Secured Notes tendered when and as required; certain events of bankruptcy; and non-compliance with other provisions and covenants and the acceleration or default in the payment of principal of certain other forms of debt. If an event of default occurs, the aggregate principal amount and accrued and unpaid interest may become due and payable immediately.

The Bankruptcy Filing constituted an event of default with the 2019 Senior Secured Notes. The creditors are, however, stayed from taking any action as a result of the default under Section 362 of the Bankruptcy Code. See discussion below regarding the Second Lien Holders Agreement.

Senior Secured Notes due 2018

On March 5, 2010, the Company issued $500 million of aggregate principal amount of 9.75% senior secured notes due March 1, 2018 (the “2018 Senior Secured Notes”). The Company will pay interest at an annual rate of 9.75% of the principal amount at issuance, payable semi-annually in arrears on March 1 and September 1 of each year, beginning on September 1, 2010.

Upon issuance of the 2018 Senior Secured Notes, the Company received net proceeds of approximately $490 million ($500 million aggregate principal less $10 million stated discount). The proceeds were used to repurchase all of the Senior Secured Notes due 2017 and to fund the tender of $200 million of the 7.25% Senior Notes due 2013.

In connection with the 2018 Senior Secured Notes, the Company and the subsidiary guarantors (as defined below) entered into an indenture, dated as of March 5, 2010, with Bank of New York Mellon as trustee and collateral agent (the “Indenture”).

At any time prior to March 1, 2014, the Company will be entitled at its option to redeem some or all of the 2018 Senior Secured Notes at a redemption price of 100% of the principal plus accrued and unpaid interest and a “make-whole” premium (as defined in the Indenture). On and after March 1, 2014, the Company may redeem some or all of the 2018 Senior Secured Notes at certain redemption prices expressed as percentages of the principal plus accrued and unpaid interest. In addition, prior to March 31, 2013, the Company may redeem up to 35% of the 2018 Senior Secured Notes at a redemption price of 109.75% of the principal, plus accrued and unpaid interest, using proceeds from certain equity offerings, provided the redemption takes place within 120 days after the closing of the related equity offering and not less than 65% of the original aggregate principal remains outstanding immediately thereafter.

Upon the occurrence of a change of control, each holder of the 2018 Senior Secured Notes has the right to require the Company to repurchase some or all of such holder's 2018 Senior Secured Notes at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the repurchase date.

The 2018 Senior Secured Notes are fully and unconditionally guaranteed (the “guarantees”) on a senior secured basis by each of the Company's existing and future direct or indirect 100% owned domestic subsidiaries, subject to certain exceptions (the “Subsidiary Guarantors”). The 2018 Senior Secured Notes and guarantees are secured by second-priority liens, subject to permitted liens, on substantially all of the Company's domestic assets and substantially all of the domestic assets of the Subsidiary Guarantors pursuant to a security agreement entered into with Bank of New York Mellon as second lien collateral agent on March 5, 2010. The carrying value of the assets pledged as collateral at December 31, 2011 was approximately $1 billion.

The 2018 Senior Secured Notes are the Company's senior secured obligations and rank senior in right of payment to any future subordinated indebtedness; rank equally in right of payment with all of the Company's existing and future senior indebtedness; are effectively senior in right of payment to the Company's existing and future unsecured indebtedness, are effectively subordinated in right of payment to indebtedness under the Company's Amended Credit Agreement (as defined below) to the extent of the collateral securing such indebtedness on a first-priority basis; and effectively are subordinated in right of payment to all existing and future indebtedness and other liabilities of the Company's non-guarantor subsidiaries.

Certain events are considered events of default and may result in the acceleration of the maturity of the 2018 Senior Secured Notes including, but not limited to: default in the payment of principal or interest when it becomes due and payable; subject to applicable grace periods, failure to purchase Senior Secured Notes tendered when and as required; events of bankruptcy; and non-compliance with other provisions and covenants and the acceleration or default in the payment of principal of other forms of debt. If an event of default occurs, the aggregate principal amount and accrued and unpaid interest may become due and payable immediately.

The Bankruptcy Filing constituted an event of default with the 2018 Senior Secured Notes. The creditors are, however, stayed from taking any action as a result of the default under Section 362 of the Bankruptcy Code.

Second Lien Holders Agreement

On February 14, 2012, the Company reached an adequate protection agreement with a group representing at least 50.1% of the Second Lien Note Holders (2019 Senior Secured Note Holders and 2018 Senior Secured Note Holders), which was reflected in the Final DIP Order. The Company agreed, among other things, to provide all Second Lien Note Holders with a portion of the proceeds received from certain sales and settlements in respect of the Company's digital imaging portfolio subject to the following waterfall and the Company's right to retain a percentage of certain proceeds under the DIP Credit Agreement: first, to repay any outstanding obligations under the DIP Credit Agreement, including cash collateralizing letters of credit (unless the certain parties otherwise agree); second, to pay 50% of accrued second lien interest at the non-default rate; third, the Company retains $250 million; fourth, to pay 50% of accrued second lien interest at the non-default rate; fifth, any remaining proceeds up to $2,250 million to be split 60% to the Company and 40% to repay outstanding second lien debt at par; and sixth, the Company agreed that any proceeds above $2,250 million will be split 50% to the Company and 50% to Second Lien Note Holders until second lien debt is fully paid. The Company also agreed to pay current interest to Second Lien Note Holders upon the receipt of $250 million noted above. Subject to the satisfaction of certain conditions, the Company also agreed to pay reasonable fees of certain advisors to the Second Lien Note Holders.

2017 Convertible Senior Notes

On September 23, 2009, the Company issued $400 million of aggregate principal amount of 7% convertible senior notes due April 1, 2017 (the “2017 Convertible Notes”). The Company will pay interest at an annual rate of 7% of the principal amount at issuance, payable semi-annually in arrears on April 1 and October 1 of each year, beginning on April 1, 2010.

The 2017 Convertible Notes are convertible at an initial conversion rate of 134.9528 shares of the Company's common stock per $1,000 principal amount of convertible notes (representing an initial conversion price of approximately $7.41 per share of common stock) subject to adjustment in certain circumstances. Holders may surrender their 2017 Convertible Notes for conversion at any time prior to the close of business on the business day immediately preceding the maturity date for the notes. Upon conversion, the Company shall deliver or pay, at its election, solely shares of its common stock or solely cash. Holders of the 2017 Convertible Notes may require the Company to purchase all or a portion of the convertible notes at a price equal to 100% of the principal amount of the convertible notes to be purchased, plus accrued and unpaid interest, in cash, upon occurrence of certain fundamental changes involving the Company including, but not limited to, a change in ownership, consolidation or merger, plan of dissolution, or common stock delisting from a U.S. national securities exchange.

The Company may redeem the 2017 Convertible Notes in whole or in part for cash at any time on or after October 1, 2014 and before October 1, 2016 if the closing sale price of the common stock for at least 20 of the 30 consecutive trading days ending within three trading days prior to the date the Company provides notice of redemption exceeds 130% of the conversion price in effect on each such trading day, or at any time on or after October 1, 2016 and prior to maturity regardless of the sale price of the Company's common stock. The redemption price will equal 100% of the principal amount of the Notes to be redeemed, plus any accrued and unpaid interest.

In accordance with U.S. GAAP, the principal amount of the 2017 Convertible Notes was allocated to debt at the estimated fair value of the debt component of the notes at the time of issuance, with the residual amount allocated to the equity component. Approximately $293 million and $107 million of the principal amount were initially allocated to the debt and equity components respectively, and reported as Long-term debt, net of current portion and Additional paid-in capital, respectively. The initial carrying value of the debt of $293 million will be accreted up to the $400 million stated principal amount using the effective interest method over the 7.5 year term of the notes. Accretion of the principal will be reported as a component of interest expense. Accordingly, the Company will recognize annual interest expense on the debt at an effective interest rate of 12.75%.

The 2017 Convertible Notes are the Company's senior unsecured obligations and rank: (i) senior in right of payment to the Company's existing and future indebtedness that is expressly subordinated in right of payment to the 2017 Convertible Notes; (ii) equal in right of payment to the Company's existing and future unsecured indebtedness that is not so subordinated; (iii) effectively subordinated in right of payment to any of the Company's secured indebtedness to the extent of the value of the assets securing such indebtedness; and (iv) structurally subordinated to all existing and future indebtedness and obligations incurred by the Company's subsidiaries including guarantees of the Company's obligations by such subsidiaries.

Certain events are considered events of default and may result in the acceleration of the maturity of the 2017 Convertible Notes including, but not limited to: default in the payment of principal or interest when it becomes due and payable; failure to comply with an obligation to convert the 2017 Convertible Notes; not timely reporting a fundamental change; events of bankruptcy; and non-compliance with other provisions and covenants and other forms of indebtedness for borrowed money. If an event of default occurs, the aggregate principal amount and accrued and unpaid interest may become due and payable immediately.

The Bankruptcy Filing constituted an event of default with the 2017 Convertible Notes. The creditors are, however, stayed from taking any action as a result of the default under Section 362 of the Bankruptcy Code.

Senior Notes due 2013

On October 10, 2003, the Company completed the offering and sale of $500 million aggregate principal amount of Senior Notes due 2013 (the “2013 Notes”), which was made pursuant to the Company's shelf registration statement on Form S-3 effective September 19, 2003. Interest on the 2013 Notes will accrue at the rate of 7.25% per annum and is payable semiannually. The 2013 Notes are not redeemable at the Company's option or repayable at the option of any holder prior to maturity. The 2013 Notes are unsecured and unsubordinated obligations, and rank equally with all of the Company's other unsecured and unsubordinated indebtedness.

On March 10, 2010, the Company accepted for purchase $200 million aggregate principal amount of the Senior Notes due 2013 (2013 Notes) pursuant to the terms of a tender offer that commenced on February 3, 2010.

On March 15, 2011, the Company repurchased $50 million aggregate principal amount of the 2013 Notes at par using proceeds from the issuance of the 2019 Senior Secured Notes. As of December 31, 2011, $250 million of the 2013 Notes remain outstanding.

The Bankruptcy Filing constituted an event of default with the 2013 Senior Notes. The creditors are, however, stayed from taking any action as a result of the default under Section 362 of the Bankruptcy Code.

Second Amended and Restated Credit Agreement

On April 26, 2011, the Company and its subsidiary, Kodak Canada, Inc. (together the “Borrowers”), together with the Company's U.S. subsidiaries as guarantors (Guarantors), entered into a Second Amended and Restated Credit Agreement (Second Amended Credit Agreement), with the named lenders (Lenders) and Bank of America, N.A. as administrative agent, in order to amend and extend its Amended and Restated Credit Agreement dated as of March 31, 2009, as amended (Amended Credit Agreement).

The Second Amended Credit Agreement provides for an asset-based Canadian and U.S. revolving credit facility (Credit Facility) of $400 million ($370 million in the U.S. and $30 million in Canada), as further described below, with the ability to increase the aggregate amount. Additionally, up to $125 million of the Company's and its subsidiaries' obligations to Lenders under treasury management services, hedge or other agreements or arrangements can be secured by the collateral under the Credit Facility. The Credit Facility can be used for ongoing working capital and other general corporate purposes. The termination date of the Credit Facility is the earlier of (a) April 26, 2016 or (b) August 17, 2013, to the extent that the 2013 Notes have not been redeemed, defeased, or otherwise satisfied by that date.

On September 23, 2011, the Company initiated a draw of $160 million under the Second Amended Credit Agreement for general corporate purposes. During the fourth quarter of 2011, the Company repaid $60 million under the Second Amended Credit Agreement. The revolving credit advance bears interest at applicable margins over the Base Rate, as defined in the Second Amended Credit Agreement. The borrowing will bear interest initially at 1.5% (the applicable margin) plus the Base Rate, which fluctuates daily based on the highest of the following reference rates: the Federal Funds Rate plus 0.5%, Bank of America's prime rate, and a one-month Eurodollar rate plus 1.0%. The Company may repay the advances at any time without penalty, subject to certain conditions if the advances have been converted to a Eurodollar rate.

Advances under the Second Amended Credit Agreement are available based on the Borrowers' respective borrowing base from time to time. The borrowing base is calculated based on designated percentages of eligible accounts receivable, inventory, and machinery and equipment, subject to applicable reserves. As of December 31, 2011, based on this borrowing base calculation and after deducting $100 million of outstanding borrowings under the agreement, the face amount of letters of credit outstanding of $96 million and $63 million of collateral to secure other banking arrangements, the Company had $71 million available to borrow under the Second Amended Credit Agreement.

Under the terms of the Credit Facility, the Company has agreed to certain affirmative and negative covenants customary in similar asset-based lending facilities. In the event the Company's excess availability under the Credit Facility borrowing base formula falls below the greater of (a) $40 million or (b) 12.5% of the commitments under the Credit Facility at any time (Trigger), among other things, the Company must maintain a fixed charge coverage ratio of not less than 1.1 to 1.0 until the excess availability is greater than the Trigger for 30 consecutive days. As of December 31, 2011, the Company's fixed charge coverage ratio was less than 1.1 to 1.0; however, as of December 31, 2011, excess availability was greater than the Trigger. It is the Company's intent to repay its borrowings as necessary to avoid falling below the required threshold. The $100 million principal outstanding as of December 31, 2011 is recorded within short-term borrowings and current portion of long-term debt within the Company's Consolidated Statement of Financial Position. The negative covenants limit, under certain circumstances, among other things, the Company's ability to incur additional debt or liens, make certain investments, make shareholder distributions or prepay debt, except as permitted under the terms of the Second Amended Credit Agreement. The Company was in compliance with all covenants under the Credit Facility as of December 31, 2011.

In addition to the Second Amended Credit Agreement, the Company has other committed and uncommitted lines of credit as of December 31, 2011 totaling $17 million and $65 million, respectively. These lines primarily support operational and borrowing needs of the Company's subsidiaries, which include term loans, overdraft coverage, revolving credit lines, letters of credit, bank guarantees and vendor financing programs. Interest rates and other terms of borrowing under these lines of credit vary from country to country, depending on local market conditions. As of December 31, 2011, usage under these lines was approximately $24 million all of which were supporting non-debt related obligations.

The Credit Facility contains events of default customary in similar asset based lending facilities. If an event of default occurs and is continuing, the Lenders may decline to provide additional advances, impose a default rate of interest, declare all amounts outstanding under the Credit Facility immediately due and payable, and require cash collateralization or similar arrangements for outstanding letters of credit.

The Bankruptcy Filing constituted an event of default with the Second Amended and Restated Credit Agreement. The creditors are, however, stayed from taking any action as a result of the default under Section 362 of the Bankruptcy Code. On January 20, 2012, the Company repaid all obligations and terminated all commitments under the Second Amended and Restated Credit Agreement in connection with entering into and drawing funds from the Debtor-in-Possession Revolving Credit Agreement.

Debtor-in-Possession Credit Agreement

In connection with the Bankruptcy Filing, on January 20, 2012, the Company and Kodak Canada Inc. (the “Canadian Borrower” and, together with the Company, the “Borrowers”) entered into a Debtor-in-Possession Credit Agreement as amended on January 25, 2012 (the “DIP Credit Agreement”), with certain subsidiaries of the Company and the Canadian Borrower signatory thereto (“Subsidiary Guarantors”), the lenders signatory thereto (the “Lenders”), Citigroup Global Markets Inc., as sole lead arranger and bookrunner, and Citicorp North America, Inc., as syndication agent, administration agent and collateral agent (the “Agent”). Pursuant to the terms of the DIP Credit Agreement, the Lenders agreed to lend in an aggregate principal amount of up to $950 million, consisting of an up to $250 million super-priority senior secured asset-based revolving credit facility and an up to $700 million super-priority senior secured term loan facility (collectively, the “Loans”). A portion of the revolving credit facility will be available to the Canadian Borrower and may be borrowed in Canadian Dollars. The DIP Credit Agreement was approved on February 15, 2012 by the Bankruptcy Court.

The Company and each existing and future direct or indirect U.S. subsidiary of the Company (other than indirect U.S. subsidiaries held through foreign subsidiaries and certain immaterial subsidiaries (if any)) (the “U.S. Guarantors”) have agreed to provide unconditional guarantees of the obligations of the Borrowers under the DIP Credit Agreement. In addition, the U.S. Guarantors, the Canadian Borrower and each existing and future direct and indirect Canadian subsidiary of the Canadian Borrower (other than certain immaterial subsidiaries (if any)) (the “Canadian Guarantors” and, together with the U.S. Guarantors, the “Guarantors”) have agreed to provide unconditional guarantees of the obligations of the Canadian Borrower under the DIP Credit Agreement. Under the terms of the DIP Credit Agreement, the Company will have the option to have interest on the loans provided thereunder accrue at a base rate or the then applicable LIBOR Rate (subject to certain adjustments and, in the case of the term loan facility, a floor of 1.00%), plus a margin, (x) in the case of the revolving loan facility, of 2.25% for a base rate revolving loan or 3.25% for a LIBOR rate revolving loan, and (y) in the case of the term loan facility, of 6.50% for a base rate loan and 7.50% for a LIBOR Rate loan. The obligations of the Borrowers and the Guarantors under the DIP Credit Agreement are secured by a first-priority security interest in and lien upon all of the existing and after-acquired personal property of the Company and the U.S. Guarantors, including pledges of all stock or other equity interest in direct subsidiaries owned by the Company or the U.S. Guarantors (but only up to 65% of the voting stock of each direct foreign subsidiary owned by the Company or any U.S. Guarantor in the case of pledges securing the Company's and the U.S. Guarantors' obligations under the DIP Credit Agreement). Assets of the type described in the preceding sentence of the Canadian Borrower or any Canadian subsidiary of the Canadian Borrower are similarly pledged to secure the obligations of the Canadian Borrower and Canadian Guarantor under the DIP Credit Agreement. The security and pledges are subject to certain exceptions.

The DIP Credit Agreement limits, among other things, the Borrowers' and the Subsidiary Guarantors' ability to (i) incur indebtedness, (ii) incur or create liens, (iii) dispose of assets, (iv) prepay subordinated indebtedness and make other restricted payments, (v) enter into sale and leaseback transactions and (vi) modify the terms of any organizational documents and certain material contracts of the Borrowers and the Subsidiary Guarantors. In addition to standard obligations, the DIP Credit Agreement provides for specific milestones that the Company must achieve by specific target dates. In addition, the Company and its subsidiaries are required to maintain consolidated Adjusted EBITDA (as defined in the DIP Credit Agreement) of not less than a specified level for certain periods, with the specified levels ranging from $(130) million to $175 million depending on the applicable period. The Company and its subsidiaries must also maintain minimum U.S. Liquidity (as defined in the DIP Credit Agreement) ranging from $100 million to $250 million depending on the applicable period.

The Borrowers drew approximately $400 million in term loans under the DIP Credit Agreement on January 20, 2012 and issued approximately $102 million of letters of credit under the revolving credit facility. After the initial drawdown under the DIP Credit Agreement and based on the current borrowing base calculation, as of January 20, 2012, the Borrowers had approximately $98 million available under the revolving credit facility and $300 million committed under the term loan facility. Availability under the DIP Credit Agreement may be further subject to borrowing base availability, reserves and other limitations, and in the case of the additional term loans the entry of a final order by the Bankruptcy Court approving incurrence of the additional term loans.

The Company paid approximately $36 million to the Agent for arrangement, incentive, and customary agency administration fees in connection with the DIP Credit Agreement and will pay to the Lenders participation fees and an unused amount fee and commitment fee as set forth in the DIP Credit Agreement.

In connection with entering into the DIP Credit Agreement described above, on January 20, 2012, the Company repaid all obligations (other than reimbursement obligations in respect of undrawn amounts, fees and interest in respect of certain letters of credit and secured agreements that remain outstanding) and terminated all commitments under the Second Amended and Restated Credit Agreement (the “Prior Credit Agreement”), dated as of April 26, 2011. In addition, the Company obtained the release of the liens granted to the agents for the benefit of the secured parties in connection with the Prior Credit Agreement.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

OTHER LONG-TERM LIABILITIES [Abstract]

OTHER LONG-TERM LIABILITIES

12 Months Ended

Dec. 31, 2011

OTHER LONG-TERM LIABILITIES

NOTE 10: OTHER LONG-TERM LIABILITIES

	As of December 31,
(in millions)	2011		2010

Non-current tax-related liabilities	$	57	$	160
Environmental liabilities		96		103
Asset retirement obligations		66		57
Other		243		305
Total	$	462	$	625

The Other component above consists of other miscellaneous long-term liabilities that, individually, were less than 5% of the total liabilities component in the

accompanying Consolidated Statement of Financial Position, and therefore, have been aggregated in accordance with Regulation S-X.

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2011

COMMITMENTS AND CONTINGENCIES [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 11: COMMITMENTS AND CONTINGENCIES

Environmental

Cash expenditures for pollution prevention and waste treatment for the Company's current facilities were as follows:

	For the Year Ended December 31,
(in millions)	2011		2010		2009

Recurring costs for pollution prevention and waste treatment	$	33	$	34	$	37
Capital expenditures for pollution prevention and waste treatment		1		1		3
Site remediation costs		2		2		2
Total	$	36	$	37	$	42

Environmental expenditures that relate to an existing condition caused by past operations and that do not provide future benefits are expensed as incurred. Costs that are capital in nature and that provide future benefits are capitalized. Liabilities are recorded when environmental assessments are made or the requirement for remedial efforts is probable, and the costs can be reasonably estimated. The timing of accruing for these remediation liabilities is generally no later than the completion of feasibility studies. The Company has an ongoing monitoring process to assess how the activities, with respect to the known exposures, are progressing against the accrued cost estimates.

At December 31, 2011 and 2010, the Company's undiscounted accrued liabilities for environmental remediation costs amounted to $96 million and $103 million, respectively. These amounts were reported in Other long-term liabilities in the accompanying Consolidated Statement of Financial Position.

The Company is currently implementing a Corrective Action Program required by the Resource Conservation and Recovery Act (“RCRA”) at Eastman Business Park (formerly known as Kodak Park) in Rochester, NY. The Company is currently in the process of completing, and in many cases has completed, RCRA Facility Investigations (“RFI”), Corrective Measures Studies (CMS) and Corrective Measures Implementation (“CMI”) for areas at the site. At December 31, 2011, estimated future investigation and remediation costs of $49 million were accrued for this site, the majority of which relates to long-term operation, maintenance of remediation systems and monitoring costs.

In addition, the Company has accrued for obligations with estimated future investigation, remediation and monitoring costs of $9 million relating to other operating sites, $19 million at sites associated with former operations, and $19 million of retained obligations for environmental remediation and Superfund matters related to certain sites associated with the non-imaging health businesses sold in 1994.

Cash expenditures for the aforementioned investigation, remediation and monitoring activities are expected to be incurred over the next thirty years for most of the sites. For these known environmental liabilities, the accrual reflects the Company's best estimate of the amount it will incur under the agreed-upon or proposed work plans. The Company's cost estimates were determined using the ASTM Standard E 2137-06, "Standard Guide for Estimating Monetary Costs and Liabilities for Environmental Matters," and have not been reduced by possible recoveries from third parties. The overall method includes the use of a probabilistic model which forecasts a range of cost estimates for the remediation required at individual sites. The projects are closely monitored and the models are reviewed as significant events occur or at least once per year. The Company's estimate includes investigations, equipment and operating costs for remediation and long-term monitoring of the sites.

The Company is presently designated as a potentially responsible party (“PRP”) under the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended (the “Superfund Law”), or under similar state laws, for environmental assessment and cleanup costs as the result of the Company's alleged arrangements for disposal of hazardous substances at six Superfund sites. In addition, the Company has been identified as a PRP in connection with the non-imaging health businesses in two active Superfund sites. Numerous other PRPs have also been designated at these sites. Although the law imposes joint and several liability on PRPs, the Company's historical experience demonstrates that these costs are shared with other PRPs. Settlements and costs paid by the Company in Superfund matters to date have not been material.

Among these matters is a case in which the Company has been named by the U.S. Environmental Protection Agency as a PRP with potential liability for the study and remediation of the Lower Passaic River Study Area portion of the Diamond Alkali Superfund Site. Additionally, the Company has been named as a third-party defendant (along with approximately 300 other entities) in an action initially brought by the New Jersey Department of Environmental Protection in the Supreme Court of New Jersey, Essex County seeking recovery of all costs associated with the investigation, removal, cleanup and damage to natural resources resulting from the disposal of various forms of chemicals in the Passaic River. The total costs (for all parties involved) to clean up the Passaic River could potentially be as high as several billions of dollars. Based on currently available information, the Company is unable to determine the likelihood or reasonably estimate a range of loss pertaining to this matter at this time.

Estimates of the amount and timing of future costs of environmental remediation requirements are by their nature imprecise because of the continuing evolution of environmental laws and regulatory requirements, the availability and application of technology, the identification of presently unknown remediation sites and the allocation of costs among the potentially responsible parties. Based on information presently available, the Company does not believe it is reasonably possible that losses for known exposures could exceed current accruals by material amounts, although costs could be material to a particular quarter or year, with the possible exception of matters related to the Passaic River which are described above.

Asset Retirement Obligations

As of December 31, 2011 and 2010, the Company has recorded approximately $66 million and $57 million, respectively, of asset retirement obligations within Other long-term liabilities in the accompanying Consolidated Statement of Financial Position. The Company's asset retirement obligations primarily relate to asbestos contained in buildings that the Company owns. In many of the countries in which the Company operates, environmental regulations exist that require the Company to handle and dispose of asbestos in a special manner if a building undergoes major renovations or is demolished. Otherwise, the Company is not required to remove the asbestos from its buildings. The Company records a liability equal to the estimated fair value of its obligation to perform asset retirement activities related to the asbestos, computed using an expected present value technique, when sufficient information exists to calculate the fair value. The Company does not have a liability recorded related to every building that contains asbestos because the Company cannot estimate the fair value of its obligation for certain buildings due to a lack of sufficient information about the range of time over which the obligation may be settled through demolition, renovation or sale of the building.

The following table provides asset retirement obligation activity:

	For the Year Ended December 31,
(in millions)	2011			2010			2009

Asset retirement obligations as of January 1	$	57		$	62		$	67
Liabilities incurred in the current period		15			-			4
Liabilities settled in the current period		(9	)		(8	)		(13	)
Accretion expense		4			3			3
Other		(1	)		-			1
Asset retirement obligations as of December 31	$	66		$	57		$	62

Other Commitments and Contingencies

The Company has entered into noncancelable agreements with several companies, which provide Kodak with products and services to be used in its normal operations. These agreements are related to raw materials, supplies, production and administrative services, as well as marketing and advertising. The terms of these agreements cover the next one to eleven years. The minimum payments for obligations under these agreements are approximately $140 million in 2012, $98 million in 2013, $47 million in 2014, $41 million in 2015, $19 million in 2016 and $26 million in 2017 and thereafter.

Rental expense, net of minor sublease income, amounted to $87 million, $96 million, and $108 million in 2011, 2010, and 2009, respectively. The approximate amounts of noncancelable lease commitments with terms of more than one year, principally for the rental of real property, reduced by minor sublease income, are $68 million in 2012, $51 million in 2013, $33 million in 2014, $25 million in 2015, $21 million in 2016 and $43 million in 2017 and thereafter.

In December 2003, the Company sold a property in France for approximately $65 million, net of direct selling costs, and then leased back a portion of this property for a nine-year term. The entire gain on the property sale of approximately $57 million was deferred and no gain was recognizable upon the closing of the sale as the Company's continuing involvement in the property is deemed to be significant. As a result, the Company is accounting for the transaction as a financing transaction. Minimum lease payments under this noncancelable lease commitment are approximately $5 million through the end of 2012.

The Company's Brazilian operations are involved in governmental assessments of indirect and other taxes in various stages of litigation, primarily related to federal and state value-added taxes. The Company is disputing these matters and intends to vigorously defend its position. Based on the opinion of legal counsel and current reserves already recorded for those matters deemed probable of loss, management does not believe that the ultimate resolution of these matters will materially impact the Company's results of operations or financial position. The Company routinely assesses all these matters as to the probability of ultimately incurring a liability in its Brazilian operations and records its best estimate of the ultimate loss in situations where it assesses the likelihood of loss as probable. As of December 31, 2011, the unreserved portion of these contingencies, inclusive of any related interest and penalties, for which there was at least a reasonable possibility that a loss may be incurred, amounted to approximately $70 million.

The Company and its subsidiaries are involved in various lawsuits, claims, investigations and proceedings, including commercial, customs, employment, environmental, and health and safety matters, which are being handled and defended in the ordinary course of business. In addition, the Company is subject to various assertions, claims, proceedings and requests for indemnification concerning intellectual property, including patent infringement suits involving technologies that are incorporated in a broad spectrum of the Company's products. These matters are in various stages of investigation and litigation and are being vigorously defended. Although the Company does not expect that the outcome in any of these matters, individually or collectively, will have a material adverse effect on its financial condition or results of operations, litigation is inherently unpredictable. Therefore, judgments could be rendered or settlements entered that could adversely affect the Company's operating results or cash flow in a particular period. The Company routinely assesses all its litigation and threatened litigation as to the probability of ultimately incurring a liability, and records its best estimate of the ultimate loss in situations where it assesses the likelihood of loss as probable.

The entire disclosure for commitments and contingencies.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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GUARANTEES

12 Months Ended

Dec. 31, 2011

GUARANTEES [Abstract]

GUARANTEES

NOTE 12: GUARANTEES

The Company guarantees debt and other obligations of certain customers. The debt and other obligations are primarily due to banks and leasing companies in connection with financing of customers' purchases of equipment and product from the Company. At December 31, 2011, the maximum potential amount of future payments (undiscounted) that the Company could be required to make under these customer-related guarantees was $25 million. At December 31, 2011, the carrying amount of any liability related to these customer guarantees was not material.

The customer financing agreements and related guarantees, which mature between 2012 and 2016, typically have a term of 90 days for product and short-term equipment financing arrangements, and up to five years for long-term equipment financing arrangements. These guarantees would require payment from the Company only in the event of default on payment by the respective debtor. In some cases, particularly for guarantees related to equipment financing, the Company has collateral or recourse provisions to recover and sell the equipment to reduce any losses that might be incurred in connection with the guarantees. However, any proceeds received from the liquidation of these assets may not cover the maximum potential loss under these guarantees.

Eastman Kodak Company (“EKC”) also guarantees potential indebtedness to banks and other third parties for some of its consolidated subsidiaries. The maximum amount guaranteed is $185 million, and the outstanding amount for those guarantees is $161 million with $75 million recorded within the Short-term borrowings and current portion of long-term debt, and Long-term debt, net of current portion components in the accompanying Consolidated Statement of Financial Position. These guarantees expire in 2012 through 2019. Pursuant to the terms of the Company's Amended Credit Agreement, obligations of the Borrowers to the Lenders under the Amended Credit Agreement, as well as secured agreements in an amount not to exceed $125 million, are guaranteed by the Company and the Company's U.S. subsidiaries and included in the above amounts. These secured agreements totaled $65 million as of December 31, 2011.

EKC has issued a guarantee to Kodak Limited (the “Subsidiary”) and the Trustees (the “Trustees”) of the Kodak Pension Plan of the United Kingdom (the “Plan”). Under that arrangement, EKC guaranteed to the Subsidiary and the Trustees the ability of the Subsidiary, only to the extent it becomes necessary to do so, to (1) make contributions to the Plan to ensure sufficient assets exist to make plan benefit payments, and (2) make contributions to the Plan such that it will achieve full funded status by the funding valuation for the period ending December 31, 2022. The guarantee expires (a) upon the conclusion of the funding valuation for the period ending December 31, 2022 if the Plan achieves full funded status or on payment of the balance if the Plan is underfunded by no more than 60 million British pounds by that date, (b) earlier in the event that the Plan achieves full funded status for two consecutive funding valuation cycles which are typically performed at least every three years, or (c) June 30, 2024 on payment of the balance in the event that the Plan is underfunded by more than 60 million British pounds upon conclusion of the funding valuation for the period ending December 31, 2022. The amount of potential future contributions is dependent on the funding status of the Plan as it fluctuates over the term of the guarantee. The funded status of the plan may be materially impacted by future changes in key assumptions used in the valuation of the plan, particularly the discount rate and expected rate of return on plan assets. A funding valuation and funding plan is required to be submitted to and approved by the United Kingdom Pension Regulator. The 2010 valuation is required to be completed by March 31, 2012. The funded status of the Plan (calculated in accordance with U.S. GAAP) is included in Pension and other postretirement liabilities presented in the Consolidated Statement of Financial Position.

Indemnifications

The Company issues indemnifications in certain instances when it sells businesses and real estate, and in the ordinary course of business with its customers, suppliers, service providers and business partners. Further, the Company indemnifies its directors and officers who are, or were, serving at the Company's request in such capacities. Historically, costs incurred to settle claims related to these indemnifications have not been material to the Company's financial position, results of operations or cash flows. Additionally, the fair value of the indemnifications that the Company issued during the year ended December 31, 2011 was not material to the Company's financial position, results of operations or cash flows.

Warranty Costs

The Company has warranty obligations in connection with the sale of its products and equipment. The original warranty period is generally one year or less. The costs incurred to provide for these warranty obligations are estimated and recorded as an accrued liability at the time of sale. The Company estimates its warranty cost at the point of sale for a given product based on historical failure rates and related costs to repair. The change in the Company's accrued warranty obligations balance, which is reflected in Other current liabilities in the accompanying Consolidated Statement of Financial Position, was as follows:

(in millions)

Accrued warranty obligations as of December 31, 2009	$	61
Actual warranty experience during 2010		(78	)
2010 warranty provisions		60
Accrued warranty obligations as of December 31, 2010	$	43
Actual warranty experience during 2011		(92	)
2011 warranty provisions		95
Accrued warranty obligations as of December 31, 2011	$	46

The Company also offers its customers extended warranty arrangements that are generally one year, but may range from three months to three years after the original warranty period. The Company provides repair services and routine maintenance under these arrangements. The Company has not separated the extended warranty revenues and costs from the routine maintenance service revenues and costs, as it is not practicable to do so. Therefore, these revenues and costs have been aggregated in the discussion that follows. The change in the Company's deferred revenue balance in relation to these extended warranty and maintenance arrangements, which is reflected in Other current liabilities in the accompanying Consolidated Statement of Financial Position, was as follows:

(in millions)

Deferred revenue as of December 31, 2009	$	130
New extended warranty and maintenance arrangements in 2010		438
Recognition of extended warranty and maintenancearrangement revenue in 2010		(438	)
Deferred revenue as of December 31, 2010	$	130
New extended warranty and maintenance arrangements in 2011		428
Recognition of extended warranty and maintenance arrangement revenue in 2011		(438	)
Deferred revenue as of December 31, 2011	$	120

Costs incurred under these extended warranty and maintenance arrangements for the years ended December 31, 2011 and 2010 amounted to $305 million and $363 million, respectively.

FINANCIAL INSTRUMENTS

12 Months Ended

Dec. 31, 2011

FINANCIAL INSTRUMENTS [Abstract]

FINANCIAL INSTRUMENTS

NOTE 13: FINANCIAL INSTRUMENTS

The following table presents the carrying amounts, estimated fair values, and location in the Consolidated Statement of Financial Position for the Company's financial instruments:

		Assets
(in millions)		December 31, 2011				December 31, 2010
	Balance Sheet Location	Carrying Amount		Fair Value		Carrying Amount		Fair Value

Marketable securities:
Available-for-sale (1)	Other current assets and Other long-term assets	$	12	$	12	$	10	$	10
Held-to-maturity (2)	Other current assets and Other long-term assets		30		30		8		8

Derivatives designated as hedging instruments:
Commodity contracts (1)	Receivables, net		-		-		2		2

Derivatives not designated as hedging instruments:
Foreign exchange contracts (1)	Receivables, net		3		3		11		11
Foreign exchange contracts (1)	Other long-term assets		1		1		1		1

		Liabilities
(in millions)		December 31, 2011				December 31, 2010
	Balance Sheet Location	Carrying Amount		Fair Value		Carrying Amount		Fair Value

Short-term borrowings and current portion of long-term debt (2)	Short-term borrowings and current portion of long-term debt	$	152	$	127	$	50	$	51

Long-term borrowings, net of current portion (2)	Long-term debt, net of current portion		1,363		781		1,195		1,242

Derivatives designated as hedging instruments:
Commodity contracts (1)	Other current liabilities		6		6		-		-

Derivatives not designated as hedging instruments:
Foreign exchange contracts (1)	Other current liabilities		4		4		8		8

(1) Recorded at fair value.

(2) Recorded at historical cost.

The Company does not utilize financial instruments for trading or other speculative purposes.

Fair value

The fair values of marketable securities are determined using quoted prices in active markets for identical assets (Level 1 fair value measurements). Fair values of the Company's forward contracts are determined using other observable inputs (Level 2 fair value measurements), and are based on the present value of expected future cash flows (an income approach valuation technique) considering the risks involved and using discount rates appropriate for the duration of the contracts. Transfers between levels of the fair value hierarchy are recognized based on the actual date of the event or change in circumstances that caused the transfer. There were no transfers between levels of the fair value hierarchy during the year 2011.

Fair values of long-term borrowings are determined by reference to quoted market prices, if available, or by pricing models based on the value of related cash flows discounted at current market interest rates. The carrying values of cash and cash equivalents, trade receivables, and payables (which are not shown in the table above) approximate their fair values.

Foreign exchange

Foreign exchange gains and losses arising from transactions denominated in a currency other than the functional currency of the entity involved are included in Other income (charges), net in the accompanying Consolidated Statement of Operations. The net effects of foreign currency transactions, including changes in the fair value of foreign exchange contracts, are shown below:

(in millions)	For the Year Ended
	December 31,
	2011			2010			2009
Net loss	$	(14	)	$	(5	)	$	(2	)

Derivative financial instruments

The Company, as a result of its global operating and financing activities, is exposed to changes in foreign currency exchange rates, commodity prices, and interest rates, which may adversely affect its results of operations and financial position. The Company manages such exposures, in part, with derivative financial instruments.

Foreign currency forward contracts are used to mitigate currency risk related to foreign currency denominated assets and liabilities, especially those of the Company's International Treasury Center. Silver forward contracts are used to mitigate the Company's risk to fluctuating silver prices. The Company's exposure to changes in interest rates results from its investing and borrowing activities used to meet its liquidity needs.

The Company's financial instrument counterparties are high-quality investment or commercial banks with significant experience with such instruments. The Company manages exposure to counterparty credit risk by requiring specific minimum credit standards and diversification of counterparties. The Company has procedures to monitor the credit exposure amounts. The maximum credit exposure at December 31, 2011 was not significant to the Company.

In the event of a default under the Company's Amended Credit Agreement, or a default under any derivative contract or similar obligation of the Company, the derivative counterparties would have the right, although not the obligation, to require immediate settlement of some or all open derivative contracts at their then-current fair value, but with liability positions netted against asset positions with the same counterparty. At December 31, 2011 and 2010, the Company had open derivative contracts in liability positions with a total fair value of $10 million and $8 million, respectively.

The location and amounts of gains and losses related to derivatives reported in the Consolidated Statement of Operations are shown in the following tables:

Derivatives in Cash Flow Hedging Relationships	Gain (Loss) Recognized in OCI on Derivative (Effective Portion)							Gain (Loss) Reclassified from Accumulated OCI Into Cost of Sales (Effective Portion)								Gain (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
(in millions)	For the Year Ended December 31,							For the Year Ended December 31,								For the Year Ended December 31,
	2011		2010			2009		2011		2010			2009			2011		2010		2009

Commodity contracts	$	5	$	6		$	12	$	14	$	10		$	7		$	-	$	-	$	-
Foreign exchange contracts		-		(2	)		-		-		(2	)		(2	)		-		-		-

Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss) Recognized in Income on Derivative	Gain (Loss) Recognized in Income on Derivative
(in millions)		For the Year Ended December 31,
		2011		2010		2009

Foreign exchange contracts	Other income (charges), net	$	11	$	32	$	29

Foreign currency forward contracts

Certain of the Company's foreign currency forward contracts used to mitigate currency risk related to existing foreign currency denominated assets and liabilities are not designated as hedges, and are marked to market through net (loss) earnings at the same time that the exposed assets and liabilities are remeasured through net (loss) earnings (both in Other income (charges), net). The notional amount of such contracts open at December 31, 2011 was approximately $945 million. The majority of the contracts of this type held by the Company are denominated in euros and British pounds.

Silver forward contracts

The Company enters into silver forward contracts that are designated as cash flow hedges of commodity price risk related to forecasted purchases of silver. The value of the notional amounts of such contracts open at December 31, 2011 was $23 million. Hedge gains and losses related to these silver forward contracts are reclassified into cost of sales as the related silver-containing products are sold to third parties. These gains or losses transferred to cost of sales are generally offset by increased or decreased costs of silver purchased in the open market. The amount of existing gains and losses at December 31, 2011 to be reclassified into earnings within the next 12 months is a net loss of $7 million. At December 31, 2011, the Company had hedges of forecasted purchases through May 2012.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13504-108611

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258

Other Income and Expenses [Abstract]

OTHER OPERATING EXPENSES (INCOME), NET

12 Months Ended

Dec. 31, 2011

OTHER OPERATING EXPENSES (INCOME), NET

NOTE 14: OTHER OPERATING EXPENSES (INCOME), NET

	For the Year Ended December 31,
(in millions)	2011			2010			2009

Expenses (income):
Goodwill impairments (1)	$	8		$	626		$	-
Long-lived asset impairments		4			-			8
Gains related to the sales of assets and businesses (2)		(80	)		(8	)		(100	)
Other		1			1			4
Total	$	(67	)	$	619		$	(88	)

(1)	Refer to Note 6 “Goodwill and Other Intangible Assets,” in the Notes to Financial Statements.

(2)	On March 31, 2011, the Company sold patents and patent applications related to CMOS image sensors to OmniVision Technologies Inc. for $65 million. The Company recognized a gain, net of transaction costs, of $62 million from this transaction.

In November 2009, the Company agreed to terminate its patent infringement litigation with LG Electronics, Inc., LG Electronics USA, Inc., and LG Electronics Mobilecomm USA, Inc., entered into a technology cross license agreement with LG Electronics, Inc. and agreed to sell assets of its OLED group to Global OLED Technology LLC, an entity established by LG Electronics, Inc., LG Display Co., Ltd. and LG Chem, Ltd. As the transactions were entered into in contemplation of one another, in order to reflect the asset sale separately from the licensing transaction, the total consideration was allocated between the asset sale and the licensing transaction based on the estimated fair value of the assets sold. Fair value of the assets sold was estimated using other competitive bids received by the Company. Accordingly, $100 million of the proceeds was allocated to the asset sale. The remaining gross proceeds of $414 million were allocated to the licensing transaction and reported in net sales of the CDG segment.

OTHER INCOME (CHARGES), NET

12 Months Ended

Dec. 31, 2011

OTHER INCOME (CHARGES), NET [Abstract]

OTHER INCOME (CHARGES), NET

NOTE 15: OTHER INCOME (CHARGES), NET

	For the Year Ended December 31,
(in millions)	2011			2010			2009

Income (charges):
Interest income	$	10		$	11		$	12
Loss on foreign exchange transactions		(14	)		(5	)		(2	)
Legal settlements		-			-			19
Gain on sale of investee		-			10			-
Other		2			10			1
Total	$	(2	)	$	26		$	30

INCOME TAXES

12 Months Ended

Dec. 31, 2011

INCOME TAXES [Abstract]

INCOME TAXES

NOTE 16: INCOME TAXES

The components of (loss) earnings from continuing operations before income taxes and the related (benefit) provision for U.S. and other income taxes were as follows:

	For the Year Ended December 31,
(in millions)	2011			2010			2009

(Loss) earnings from continuing operations before income taxes:

U.S.	$	(760	)	$	(487	)	$	(410	)
Outside the U.S.		2			(74	)		293
Total	$	(758	)	$	(561	)	$	(117	)

U.S. income taxes:
Current (benefit) provision	$	(378	)	$	(2	)	$	8
Deferred provision (benefit)		241			2			(7	)
Income taxes outside the U.S.:
Current provision		55			192			113
Deferred provision (benefit)		106			(76	)		-
State and other income taxes:
Current benefit		(22	)		(2	)		(1	)
Deferred provision		7			-			2
Total provision	$	9		$	114		$	115

The differences between income taxes computed using the U.S. federal income tax rate and the provision (benefit) for income taxes for continuing operations were as follows:

	For the Year Ended December 31,
(in millions)	2011			2010			2009

Amount computed using the statutory rate	$	(265	)	$	(196	)	$	(41	)

Increase (reduction) in taxes resulting from:
State and other income taxes, net of federal		1			1			1
Unremitted foreign earnings		393			-			-
Impact of goodwill impairment		-			217			-
Operations outside the U.S.		40			130			45
Legislative rate changes		20			10			-
Valuation allowance		(33	)		(46	)		117
Tax settlements and adjustments, including interest		(149	)		3			(4	)
Other, net		2			(5	)		(3	)
Provision (benefit) for income taxes	$	9		$	114		$	115

During 2011, the Company determined that it is more likely than not that a portion of the deferred tax assets outside the U.S. would not be realized and accordingly, recorded a provision of $53 million associated with the establishment of a valuation allowance on those deferred tax assets.

During 2010, based on additional positive evidence regarding past earnings and projected future taxable income from operating activities, the Company determined that it is more likely than not that a portion of the deferred tax assets outside the U.S. would be realized and accordingly, recorded a tax benefit of $154 million associated with the release of the valuation allowance on those deferred tax assets.

Deferred Tax Assets and Liabilities

The significant components of deferred tax assets and liabilities were as follows:

	As of December 31,
(in millions)	2011		2010

Deferred tax assets
Pension and postretirement obligations	$	925	$	809
Restructuring programs		5		7
Foreign tax credit		661		477
Inventories		33		23
Investment tax credit		172		160
Employee deferred compensation		69		80
Depreciation		30		28
Research and development costs		232		184
Tax loss carryforwards		1,178		1,181
Other		406		423
Total deferred tax assets	$	3,711	$	3,372

Deferred tax liabilities
Leasing		37		47
Other deferred debt		16		15
Unremitted foreign earnings		430		-
Other		168		175
Total deferred tax liabilities		651		237
Net deferred tax assets before valuation allowance		3,060		3,135
Valuation allowance		2,560		2,335

Net deferred tax assets	$	500	$	800

Deferred tax assets (liabilities) are reported in the following components within the Consolidated Statement of Financial Position:

	As of December 31,
(in millions)	2011			2010

Deferred income taxes (current)	$	58		$	120
Other long-term assets		452			695
Accrued income taxes		(3	)		(7	)
Other long-term liabilities		(7	)		(8	)
Net deferred tax assets	$	500		$	800

As of December 31, 2011, the Company had available domestic and foreign net operating loss carryforwards for income tax purposes of approximately $3,806 million, of which approximately $592 million have an indefinite carryforward period. The remaining $3,214 million expire between the years 2012 and 2031. Utilization of these net operating losses may be subject to limitations in the event of significant changes in stock ownership of the Company. As of December 31, 2011, the Company had unused foreign tax credits and investment tax credits of $661 million and $172 million, respectively, with various expiration dates through 2031.

The Company has been granted a tax holiday in certain jurisdictions in China. The Company is eligible for a 50% reduction of the income tax rate as a tax holiday incentive. The tax rate currently varies by jurisdiction, due to the tax holiday, and will be 25% in all jurisdictions within China in 2013.

During 2011, the Company concluded that the undistributed earnings of its foreign subsidiaries would no longer be considered permanently reinvested. After assessing the assets of the subsidiaries relative to specific opportunities for reinvestment, as well as the forecasted uses of cash for both its domestic and foreign operations, the Company concluded that it was prudent to changes its indefinite reinvestment assertion to allow greater flexibility in its cash management. As a result of the change in its assertion the Company recorded a deferred tax liability (net of related foreign tax credits) of $396 million on the foreign subsidiaries' undistributed earnings. This deferred tax liability was fully offset by a corresponding decrease in the Company's U.S. valuation allowance, which resulted in no net tax provision. The Company also recorded a provision of $34 million for the potential foreign withholding taxes on the undistributed earnings.

The Company's valuation allowance as of December 31, 2011 was $2,560 million. Of this amount, $417 million was attributable to the Company's net deferred tax assets outside the U.S. of $964 million, and $2,143 million related to the Company's net deferred tax assets in the U.S. of $2,096 million, for which the Company believes it is not more likely than not that the assets will be realized. The net deferred tax assets in excess of the valuation allowance of $500 million relate primarily to net operating loss carryforwards, certain tax credits, and pension related tax benefits for which the Company believes it is more likely than not that the assets will be realized.

The Company's valuation allowance as of December 31, 2010 was $2,335 million. Of this amount, $280 million was attributable to the Company's net deferred tax assets outside the U.S. of $849 million, and $2,055 million related to the Company's net deferred tax assets in the U.S. of $2,286 million, for which the Company believes it is not more likely than not that the assets will be realized. The net deferred tax assets in excess of the valuation allowance of $800 million relate primarily to net operating loss carryforwards, certain tax credits, and pension related tax benefits for which the Company believes it is more likely than not that the assets will be realized.

Accounting for Uncertainty in Income Taxes

A reconciliation of the beginning and ending amount of the Company's liability for income taxes associated with unrecognized tax benefits is as follows:

(in millions)
	2011			2010			2009

Balance as of January 1	$	245		$	256		$	296
Tax positions related to the current year:
Additions		12			1			10
Tax positions related to prior years:
Additions		2			-			8
Reductions		(183	)		(11	)		(58	)
Lapses in statutes of limitations		-			(1	)		-
Balance as of December 31	$	76		$	245		$	256

The Company's policy regarding interest and/or penalties related to income tax matters is to recognize such items as a component of income tax (benefit) expense. During the years ended December 31, 2011, 2010 and 2009, the Company recognized interest and penalties of approximately $(60) million, $5 million and $8 million, respectively, in income tax (benefit) expense. Additionally, the Company had approximately $14 million and $74 million of interest and penalties associated with uncertain tax benefits accrued as of December 31, 2011 and 2010, respectively.

If the unrecognized tax benefits were recognized, they would favorably affect the effective income tax rate in the period recognized. The Company has classified certain income tax liabilities as current or noncurrent based on management's estimate of when these liabilities will be settled. These current liabilities are recorded in Accrued income and other taxes in the Consolidated Statement of Financial Position. Noncurrent income tax liabilities are recorded in Other long-term liabilities in the Consolidated Statement of Financial Position.

It is reasonably possible that the liability associated with the Company's unrecognized tax benefits will increase or decrease within the next twelve months. These changes may be the result of settling ongoing audits or the expiration of statutes of limitations. Such changes to the unrecognized tax benefits could range from $0 to $30 million based on current estimates. Audit outcomes and the timing of audit settlements are subject to significant uncertainty. Although management believes that adequate provision has been made for such issues, there is the possibility that the ultimate resolution of such issues could have an adverse effect on the earnings of the Company. Conversely, if these issues are resolved favorably in the future, the related provision would be reduced, thus having a positive impact on earnings.

During 2011, the Company agreed to terms with the U.S. Internal Revenue Service and settled the federal audits for calendar years 2001 through 2005. For these years, the Company originally recorded federal and related state liabilities for uncertain tax positions (“UTPs”) totaling $115 million (plus interest of approximately $25 million). The settlement resulted in a reduction in Accrued income and other taxes (including the UTP previously noted) of $296 million, the recognition of a $50 million tax benefit, and a reduction in net deferred tax assets of $246 million.

During 2011, the Company agreed to terms with a tax authority outside of the U.S. and settled audits for calendar years 2001 and 2002. For these years, the Company originally recorded liabilities for UTPs totaling $56 million (plus interest of approximately $43 million). The settlement resulted in a reduction in Accrued income taxes and the recognition of a $94 million tax benefit.

The Company files numerous consolidated and separate income tax returns in the U.S. federal jurisdiction and in many state and foreign jurisdictions. The Company has substantially concluded all U.S. federal income tax matters for years through 2006. The Company's U.S. tax matters for the years 2007 through 2011 remain subject to examination by the IRS. Substantially all material state, local, and foreign income tax matters have been concluded for years through 2006. The Company's tax matters for the years 2007 through 2011 remain subject to examination by the respective state, local, and foreign tax jurisdiction authorities.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

RESTRUCTURING AND RATIONALIZATION LIABILITIES [Abstract]

RESTRUCTURING AND RATIONALIZATION LIABILITIES

12 Months Ended

Dec. 31, 2011

RESTRUCTURING AND RATIONALIZATION LIABILITIES

NOTE 17: RESTRUCTURING AND RATIONALIZATION LIABILITIES

The Company recognizes the need to continually rationalize its workforce and streamline its operations in the face of ongoing business and economic changes. Charges for restructuring and ongoing rationalization initiatives are recorded in the period in which the Company commits to a formalized restructuring or ongoing rationalization plan, or executes the specific actions contemplated by the plans and all criteria for liability recognition under the applicable accounting guidance have been met.

Restructuring and Ongoing Rationalization Reserve Activity

The activity in the accrued balances and the non-cash charges and credits incurred in relation to restructuring programs and ongoing rationalization activities during the three years ended December 31, 2011 were as follows:

							Long-lived Asset
				Exit			Impairments
	Severance			Costs			and Inventory			Accelerated
(in millions)	Reserve			Reserve			Write-downs			Depreciation			Total

Balance at December 31, 2008	$	109		$	21		$	-		$	-		$	130

2009 charges - continuing operations (1)		193			27			16			22			258
2009 cash payments/utilization (2)		(154	)		(23	)		(16	)		(22	)		(215	)
2009 other adjustments & reclasses (3)		(80	)		2			-			-			(78	)
Balance at December 31, 2009		68			27			-			-			95

2010 charges - continuing operations (4)		49			14			9			6			78
2010 cash payments/utilization (5)		(67	)		(21	)		(9	)		(6	)		(103	)
2010 other adjustments & reclasses (6)		(28	)		-			-			-			(28	)
Balance at December 31, 2010		22			20			-			-			42

2011 charges - continuing operations (7)		105			15			3			10			133
2011 cash payments/utilization (8)		(58	)		(13	)		(3	)		(10	)		(84	)
2011 other adjustments & reclasses (9)		(31	)		-			-			-			(31	)
Balance at December 31, 2011 (10)	$	38		$	22		$	-		$	-		$	60

(1)	Severance reserve activity includes charges of $191 million, and net curtailment and settlement losses related to these actions of $2 million.

(2)	During the year ended December 31, 2009, the Company made cash payments of approximately $177 million related to restructuring and rationalization, all of which was paid out of restructuring liabilities.

(3)

Includes $84 million of severance related charges for pension plan curtailments, settlements, and special termination benefits, which are reflected in Pension and other postretirement liabilities and Other long-term assets in the Consolidated Statement of Financial Position, partially offset by foreign currency translation adjustments.

(4)	Severance reserve activity includes charges of $49 million.

(5)	During the year ended December 31, 2010, the Company made cash payments of approximately $88 million related to restructuring and rationalization, all of which was paid out of restructuring liabilities.

(6)	Includes $28 million of severance related charges for pension plan curtailments, settlements, and special termination benefits, which are reflected in Pension and other postretirement liabilities and Other long-term assets in the Consolidated Statement of Financial Position.

(7)	Severance reserve activity includes charges of $101 million, and net curtailment and settlement losses related to these actions of $4 million.

(8)	During the year ended December 31, 2011, the Company made cash payments of approximately $71 million related to restructuring and rationalization, all of which was paid out of restructuring liabilities.

(9)

Includes $32 million of severance related charges for pension plan curtailments, settlements, and special termination benefits, which are reflected in Pension and other postretirement liabilities and Other long-term assets in the Consolidated Statement of Financial Position, offset by $1 million of foreign currency translation adjustments.

(10)	The Company expects to utilize the majority of the December 31, 2011 accrual balance in 2012.

2009 Activity

On December 17, 2008, the Company committed to a plan to implement a targeted cost reduction program (the 2009 Program) to more appropriately size the organization as a result of economic conditions. The program involved rationalizing selling, administrative, research and development, supply chain and other business resources in certain areas and consolidating certain facilities.

The Company recorded $258 million of charges, including $22 million of charges for accelerated depreciation and $10 million of charges for inventory write-downs, which were reported in Cost of sales in the accompanying Consolidated Statement of Operations for the year ended December 31, 2009. The remaining costs incurred of $226 million were reported as Restructuring costs, rationalization and other in the accompanying Consolidated Statement of Operations for the year ended December 31, 2009. The severance and exit costs reserves require the outlay of cash, while long-lived asset impairments, accelerated depreciation and inventory write-downs represent non-cash items.

The severance costs related to the elimination of approximately 3,225 positions, including approximately 1,475 manufacturing, 750 research and development, and 1,000 administrative positions. The geographic composition of the positions eliminated includes approximately 1,950 in the United States and Canada, and 1,275 throughout the rest of the world.

The charges of $258 million recorded in 2009 included $69 million applicable to the FPEG segment, $34 million applicable to the CDG segment, $112 million applicable to the GCG segment, and $43 million that was applicable to manufacturing, research and development, and administrative functions, which are shared across all segments.

As a result of these initiatives, severance payments will be paid during periods through 2010 since, in many instances, the employees whose positions were eliminated can elect or are required to receive their payments over an extended period of time. In addition, certain exit costs, such as long-term lease payments, will be paid over periods throughout 2010 and beyond.

2010 Activity

The $78 million of charges for the year 2010 includes $6 million of charges for accelerated depreciation and $2 million for inventory write-downs, which were reported in Cost of sales in the accompanying Consolidated Statement of Operations. The remaining costs incurred of $70 million, including $49 million of severance costs, $14 million of exit costs, and $7 million of long-lived asset impairments, were reported as Restructuring costs, rationalization and other in the accompanying Consolidated Statement of Operations. The severance and exit costs reserves require the outlay of cash, while long-lived asset impairments, accelerated depreciation and inventory write-downs represent non-cash items.

The 2010 severance costs related to the elimination of approximately 800 positions, including approximately 550 manufacturing/service, 225 administrative, and 25 research and development positions. The geographic composition of these positions includes approximately 475 in the United States and Canada, and 325 throughout the rest of the world.

The charges of $78 million recorded in 2010 included $38 million applicable to FPEG, $15 million applicable to GCG, $3 million applicable to CDG, and $22 million that was applicable to manufacturing/service, research and development, and administrative functions, which are shared across all segments.

As a result of these initiatives, severance payments will be paid during periods through 2011 since, in many instances, the employees whose positions were eliminated can elect or are required to receive their payments over an extended period of time. In addition, certain exit costs, such as long-term lease payments, will be paid over periods throughout 2011 and beyond.

2011 Activity

The $133 million of charges for the year 2011 includes $10 million of charges for accelerated depreciation and $2 million for inventory write-downs, which were reported in Cost of sales in the accompanying Consolidated Statement of Operations. The remaining costs incurred of $121 million, including $105 million of severance costs, $15 million of exit costs, and $1 million of long-lived asset impairments, were reported as Restructuring costs, rationalization and other in the accompanying Consolidated Statement of Operations. The severance and exit costs reserves require the outlay of cash, while long-lived asset impairments, accelerated depreciation and inventory write-downs represent non-cash items.

The 2011 severance costs related to the elimination of approximately 1,225 positions, including approximately 575 manufacturing/service, 550 administrative, and 100 research and development positions. The geographic composition of these positions includes approximately 725 in the United States and Canada, and 500 throughout the rest of the world.

The charges of $133 million recorded in 2011 included $47 million applicable to FPEG, $34 million applicable to GCG, $9 million applicable to CDG, and $43 million that was applicable to manufacturing/service, research and development, and administrative functions, which are shared across all segments.

As a result of these initiatives, severance payments will be paid during periods through 2012 since, in many instances, the employees whose positions were eliminated can elect or are required to receive their payments over an extended period of time. In addition, certain exit costs, such as long-term lease payments, will be paid over periods throughout 2012 and beyond.

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

Defined Benefit Retirement Plans Disclosure [Abstract]

RETIREMENT PLANS

12 Months Ended

Dec. 31, 2011

RETIREMENT PLANS

NOTE 18: RETIREMENT PLANS

Substantially all U.S. employees are covered by a noncontributory defined benefit plan, the Kodak Retirement Income Plan (“KRIP”), which is funded by Company contributions to an irrevocable trust fund. The funding policy for KRIP is to contribute amounts sufficient to meet minimum funding requirements as determined by employee benefit and tax laws plus any additional amounts the Company determines to be appropriate. Generally, benefits are based on a formula recognizing length of service and final average earnings. Assets in the trust fund are held for the sole benefit of participating employees and retirees. They are comprised of corporate equity and debt securities, U.S. government securities, partnership investments, interests in pooled funds, commodities, real estate, and various types of interest rate, foreign currency, debt, and equity market financial instruments.

In March 1999, the Company amended the KRIP to include a separate cash balance formula for all U.S. employees hired after February 1999. All U.S. employees hired prior to that date were granted the option to choose the traditional KRIP plan or the Cash Balance plan. Written elections were made by employees in 1999, and were effective January 1, 2000. The Cash Balance plan credits employees' accounts with an amount equal to 4% of their pay, plus interest based on the 30-year treasury-bond rate. In addition, for employees participating in the Cash Balance plan and the Company's defined contribution plan, the Savings and Investment Plan (“SIP”), the Company matches dollar-for-dollar on the first 1% contributed to SIP and $.50 for each dollar on the next 4% contributed. Company contributions to SIP were $10 million and $11 million for 2011 and 2010, respectively. The Company suspended its matching contribution for 2009, but resumed it in 2010.

The Company also sponsors unfunded defined benefit plans for certain U.S. employees, primarily executives. The benefits of these plans are obtained by applying KRIP provisions to all compensation, including amounts being deferred, and without regard to the legislated qualified plan maximums, reduced by benefits under KRIP. Employees covered by the Cash Balance plan also receive an additional benefit equal to 3% of their annual pensionable earnings. The Company suspended this additional benefit for 2009, but resumed it in 2010.

Many subsidiaries and branches operating outside the U.S. have defined benefit retirement plans covering substantially all employees. Contributions by the Company for these plans are typically deposited under government or other fiduciary-type arrangements. Retirement benefits are generally based on contractual agreements that provide for benefit formulas using years of service and/or compensation prior to retirement. The actuarial assumptions used for these plans reflect the diverse economic environments within the various countries in which the Company operates.

The measurement date used to determine the pension obligation for all funded and unfunded U.S. and Non-U.S. defined benefit plans is December 31.

Information regarding the major funded and unfunded U.S. and Non-U.S. defined benefit plans follows:

(in millions)	2011						2010
	U.S.			Non-U.S.			U.S.			Non-U.S.
Change in Benefit Obligation
Projected benefit obligation at January 1	$	5,071		$	3,636		$	4,842		$	3,527
Acquisitions/divestitures/other transfers		(1	)		2			-			-
Service cost		50			16			48			14
Interest cost		254			180			263			177
Participant contributions		-			4			-			3
Plan amendments		-			(4	)		-			45
Benefit payments		(535	)		(226	)		(511	)		(218	)
Actuarial loss		392			160			402			181
Curtailments		-			-			-			(5	)
Settlements		-			(86	)		-			(2	)
Special termination benefits		28			1			27			1
Currency adjustments		-			(31	)		-			(87	)
Projected benefit obligation at December 31	$	5,259		$	3,652		$	5,071		$	3,636

Change in Plan Assets
Fair value of plan assets at January 1	$	4,861		$	2,634		$	4,758		$	2,502
Acquisitions/divestitures		-			1			-			-
Actual gain on plan assets		413			47			592			320
Employer contributions		25			78			22			90
Participant contributions		-			4			-			3
Settlements		-			(86	)		-			(2	)
Benefit payments		(536	)		(226	)		(511	)		(218	)
Currency adjustments		-			(16	)		-			(61	)
Fair value of plan assets at December 31	$	4,763		$	2,436		$	4,861		$	2,634

Under Funded Status at December 31	$	(496	)	$	(1,216	)	$	(210	)	$	(1,002	)

Accumulated benefit obligation at December 31	$	5,112		$	3,584		$	4,881		$	3,545

As a result of a legislative change in November 2010, a French defined benefit pension plan was amended to reflect a change in the Social Security retirement age. The legislative change requires the minimum retirement age be extended up to 2 years, phasing in at a rate of 4 months per year until 2018. This amendment increased the projected benefit obligation in 2010 by $33 million, which is reflected in the plan amendments line in the table above.

Amounts recognized in the Consolidated Statement of Financial Position for all major funded and unfunded U.S. and Non-U.S. defined benefit plans were as follows:

	As of December 31,
(in millions)	2011						2010
	U.S.			Non-U.S.			U.S.			Non-U.S.

Other long-term assets	$	-		$	-		$	18		$	21
Other current liabilities		(18	)		-			(19	)		-
Pension and other postretirement liabilities		(478	)		(1,216	)		(209	)		(1,023	)
Net amount recognized	$	(496	)	$	(1,216	)	$	(210	)	$	(1,002	)

Information with respect to the major funded and unfunded U.S. and Non-U.S. defined benefit plans with an accumulated benefit obligation in excess of plan assets follows:

	As of December 31,
(in millions)	2011				2010
	U.S.		Non-U.S.		U.S.		Non-U.S.

Projected benefit obligation	$	5,259	$	3,652	$	383	$	3,210
Accumulated benefit obligation		5,112		3,584		378		3,124
Fair value of plan assets		4,763		2,436		154		2,187

Amounts recognized in Accumulated other comprehensive loss for all major funded and unfunded U.S. and Non-U.S. defined benefit plans consisted of:

	As of December 31,
(in millions)	2011				2010
	U.S.		Non-U.S.		U.S.		Non-U.S.

Prior service cost	$	6	$	26	$	7	$	38
Net actuarial loss		2,135		1,663		1,790		1,423
Total	$	2,141	$	1,689	$	1,797	$	1,461

Changes in plan assets and benefit obligations recognized in other comprehensive loss for all major funded and unfunded U.S. and Non-U.S. defined benefit plans follows:

	2011						2010
(in millions)	U.S.			Non-U.S.			U.S.			Non-U.S.

Newly established loss	$	414		$	322		$	286		$	71
Newly established prior service cost		-			(4	)		-			42
Amortization of:
Prior service cost		(1	)		(4	)		(1	)		(1	)
Net actuarial loss		(69	)		(52	)		(5	)		(37	)
Prior service cost recognized due to curtailment		-			(4	)		-			1
Net loss recognized in expense due to settlements		-			(10	)		-			(1	)
Transfers		-			1			-			2
Total amount recognized in Other comprehensive loss	$	344		$	249		$	280		$	77

The actuarial loss and prior service cost estimated to be amortized from Accumulated other comprehensive loss into net periodic pension cost over the next year for all major plans is $237million and $3 million, respectively.

Pension (income) expense from continuing operations for all defined benefit plans included:

	For the Year Ended December 31,
(in millions)	2011						2010						2009
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Major defined benefit plans:
Service cost	$	50		$	16		$	48		$	14		$	52		$	14
Interest cost		254			180			263			177			293			178
Expected return on plan assets		(435	)		(209	)		(475	)		(210	)		(486	)		(206	)
Amortization of:
Prior service cost		1			4			1			1			2			-
Actuarial loss		69			52			5			37			5			13
Pension (income) expense before special termination benefits, curtailments and settlements		(61	)		43			(158	)		19			(134	)		(1	)

Special termination benefits		28			1			27			1			78			5
Curtailment losses (gains)		-			4			-			(7	)		-			(1	)
Settlement losses		-			10			-			1			-			1
Net pension (income) expense for major defined benefit plans		(33	)		58			(131	)		14			(56	)		4
Other plans including unfunded plans		-			12			-			11			-			6
Net pension (income) expense from continuing operations	$	(33	)	$	70		$	(131	)	$	25		$	(56	)	$	10

The special termination benefits of $29 million, $28 million, and $83 million for the years ended December 31, 2011, 2010, and 2009, respectively, were incurred as a result of the Company's restructuring actions and, therefore, have been included in Restructuring costs, rationalization and other in the Consolidated Statement of Operations for those respective periods. There were no impacts of curtailments or settlements incurred as a result of the Company's restructuring actions in 2009 and 2010. For 2011, $3 million of the curtailment losses and $1 million of the settlement losses were incurred as a result of the Company's restructuring actions and, therefore, have been included in Restructuring costs, rationalization and other in the Consolidated Statement of Operations for 2011.

The weighted-average assumptions used to determine the benefit obligation amounts as of the end of the year for all major funded and unfunded U.S. and Non-U.S. defined benefit plans were as follows:

	As of December 31,
	2011						2010
	U.S.			Non-U.S.			U.S.			Non-U.S.

Discount rate		4.25	%		4.37	%		5.24	%		4.92	%
Salary increase rate		3.28	%		2.99	%		3.81	%		3.88	%

The weighted-average assumptions used to determine net pension (income) expense for all the major funded and unfunded U.S. and Non-U.S. defined benefit plans were as follows:

	For the Year Ended December 31,
	2011						2010						2009
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.

Discount rate		5.24	%		4.95	%		5.75	%		5.17	%		6.76	%		5.90	%
Salary increase rate		3.80	%		3.89	%		3.88	%		3.87	%		3.99	%		3.45	%
Expected long-term rate of return on plan assets		8.09	%		7.79	%		8.73	%		7.76	%		8.49	%		7.30	%

Plan Asset Investment Strategy

The investment strategy underlying the asset allocation for the pension assets is to achieve an optimal return on assets with an acceptable level of risk while providing for the long-term liabilities, and maintaining sufficient liquidity to pay current benefits and other cash obligations of the plans. This is primarily achieved by investing in a broad portfolio constructed of various asset classes including equity and equity-like investments, debt and debt-like investments, real estate, private equity and other assets and instruments. Long duration bonds are used to partially match the long-term nature of plan liabilities. Other investment objectives include maintaining broad diversification between and within asset classes and fund managers, and managing asset volatility relative to plan liabilities.

Every three years, or when market conditions have changed materially, each of the Company's major pension plans will undertake an asset allocation or asset and liability modeling study. The asset allocation and expected return on the plans' assets are individually set to provide for benefits and other cash obligations and within each country's legal investment constraints.

Actual allocations may vary from the target asset allocations due to market value fluctuations, the length of time it takes to implement changes in strategy, and the timing of cash contributions and cash requirements of the plans. The asset allocations are monitored, and are rebalanced in accordance with the policy set forth for each plan.

Of the total plan assets attributable to the major U.S. defined benefit plans at December 31, 2011 and 2010, 97% relate to KRIP. The expected long-term rate of return on plan assets assumption (“EROA”) is based on a combination of formal asset and liability studies that include forward-looking return expectations given the current asset allocation. During 2011, an asset and liability study was completed and resulted in an 8.50% EROA for KRIP. A review of the EROA as of December 2011 based upon the current asset allocation and forward-looking expected returns for the various asset classes in which KRIP invests resulted in an EROA of 8.60%.

The annual expected return on plan assets for the major non-U.S. pension plans range from 3.70% to 7.80% for 2010. EROA assumptions for 2010 for those plans were based on their respective asset allocations as of the end of the year. As with the KRIP, the EROA assumptions for certain of the Company's other pension plans were reassessed as of December 2011. EROA assumptions for those plans were updated accordingly.

Plan Asset Risk Management

The Company evaluates its defined benefit plans' asset portfolios for the existence of significant concentrations of risk. Types of concentrations that are evaluated include, but are not limited to, investment concentrations in a single entity, type of industry, foreign country, and individual fund. As of December 31, 2011 and 2010, there were no significant concentrations (defined as greater than 10 percent of plan assets) of risk in the Company's defined benefit plan assets.

The Company's weighted-average asset allocations for its major U.S. defined benefit pension plans, by asset category, are as follows:

	As of December 31,
Asset Category	2011			2010			2011 Target

Equity securities		17	%		20	%		18%-27	%
Debt securities		38	%		45	%		41%-47	%
Real estate		4	%		5	%		4%-10	%
Cash		7	%		3	%		0%-3	%
Other		34	%		27	%		24%-30	%
Total		100	%		100	%

The Company's weighted-average asset allocations for its major non-U.S. defined benefit pension plans, by asset category are as follows:

	As of December 31,
Asset Category	2011	2010			2011 Target

Equity securities			19	%		12%-19	%
Debt securities			43	%		44%-52	%
Real estate			3	%		0%-9	%
Cash			7	%		0%-6	%
Other			28	%		27%-37	%
Total	0%		100	%

The Other asset category in the tables above is primarily composed of private equity, venture capital, and other investments.

Fair Value Measurements

The Company's asset allocations by level within the fair value hierarchy at December 31, 2011 and 2010 are presented in the tables below for the Company's major defined benefit plans. The Company's plan assets were accounted for at fair value and are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company's assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of fair value of assets and their placement within the fair value hierarchy levels.

Major U.S. Plans

December 31, 2011

	Quoted Prices
	in Active
	Markets for		Significant		Significant
	Identical		Observable		Unobservable
	Assets		Inputs		Inputs
(in millions)	(Level 1)		(Level 2)		(Level 3)		Total

Cash and cash equivalents (a)	$	-	$	321	$	-	$	321

Equity Securities (b) (c)		270		528		18		816

Debt Securities:
Government Bonds (c) (d)		-		724		-		724
Inflation-Linked Bonds		-		231		260		491
Investment Grade Bonds		-		449		-		449
Global High Yield & Emerging Market Debt		-		132		-		132

Other:
Absolute Return		-		345		-		345
Real Estate		-		-		213		213
Private Equity		-		-		971		971
Insurance Contracts		-		1		-		1
Derivatives with unrealized gains		11		-		-		11
Derivatives with unrealized losses		-		289		-		289
	$	281	$	3,020	$	1,462	$	4,763

Major U.S. Plans

December 31, 2010

	Quoted Prices
	in Active
	Markets for		Significant			Significant
	Identical		Observable			Unobservable
	Assets		Inputs			Inputs
(in millions)	(Level 1)		(Level 2)			(Level 3)		Total

Cash and cash equivalents	$	-	$	126		$	-	$	126

Equity Securities		436		534			19		989

Debt Securities:
Government Bonds		-		749			-		749
Inflation-Linked Bonds		-		667			221		888
Investment Grade Bonds		-		409			-		409
Global High Yield & Emerging Market Debt		-		122			-		122

Other:
Absolute Return		-		287			-		287
Real Estate		-		-			240		240
Private Equity		-		-			1,063		1,063
Derivatives with unrealized gains		7		7			-		14
Derivatives with unrealized losses		-		(26	)		-		(26	)
	$	443	$	2,875		$	1,543	$	4,861

For the Company's major U.S. defined benefit pension plans, equity investments are invested broadly in U.S. equity, developed international equity, and emerging markets. Fixed income investments are comprised primarily of long duration U.S. Treasuries and global government bonds, as well as U.S. and emerging market companies' debt securities diversified by sector, geography, and through a wide range of market capitalizations. Real estate investments include investments in office, industrial, retail and apartment properties. Other investments include private equity, hedge funds and natural resource investments. Private equity investments are primarily comprised of limited partnerships and fund-of-fund investments that invest in distressed investments, venture capital, leveraged buyout and special situation funds. Natural resource investments in oil and gas partnerships and timber funds are also included in this category. Absolute return investments are comprised of hedge funds that use equity long-short strategies.

Major Non-U.S. Plans

December 31, 2011

	Quoted Prices
	in Active
	Markets for		Significant		Significant
	Identical		Observable		Unobservable
	Assets		Inputs		Inputs
(in millions)	(Level 1)		(Level 2)		(Level 3)		Total

Cash and cash equivalents	$	-	$	103	$	-	$	103

Equity securities		58		348		-		406

Debt securities:
Government Bonds		-		186		-		186
Inflation-Linked Bonds		-		506		-		506
Investment Grade Bonds		-		130		-		130
Global High Yield & Emerging Market Debt		-		226		-		226

Other:
Absolute Return		-		147		-		147
Real Estate		-		116		55		171
Private Equity		-		2		312		314
Insurance Contracts		-		339		-		339
Derivatives with unrealized gains		-		-		-		-
Derivatives with unrealized losses		-		-		-		-
	$	58	$	2,103	$	367	$	2,528

Major Non-U.S. Plans

December 31, 2010

	Quoted Prices
	in Active
	Markets for		Significant			Significant
	Identical		Observable			Unobservable
	Assets		Inputs			Inputs
(in millions)	(Level 1)		(Level 2)			(Level 3)		Total

Cash and cash equivalents	$	-	$	173		$	-	$	173

Equity securities		77		420			-		497

Debt securities:
Government Bonds		-		413			-		413
Inflation-Linked Bonds		-		338			65		403
Investment Grade Bonds		-		111			-		111
Global High Yield & Emerging Market Debt		-		203			-		203

Other:
Absolute Return		-		76			-		76
Real Estate		-		4			77		81
Private Equity		-		2			301		303
Insurance Contracts		-		378			-		378
Derivatives with unrealized gains		1		3			-		4
Derivatives with unrealized losses		-		(8	)		-		(8	)
	$	78	$	2,113		$	443	$	2,634

For the Company's major non-U.S. defined benefit pension plans, equity investments are invested broadly in local equity, developed international and emerging markets. Fixed income investments are comprised primarily of long duration government and corporate bonds with some emerging market debt. Real estate investments include investments in primarily office, industrial, and retail properties. Other investments include private equity, hedge funds, and insurance contracts. Private equity investments are comprised of limited partnerships and fund-of-fund investments that invest in distressed investments, venture capital and leveraged buyout funds. Absolute return investments are comprised of hedge funds that use equity long-short strategies.

Cash and cash equivalents are valued utilizing cost approach valuation techniques. Equity securities and debt securities are valued using a market approach based on the closing price on the last business day of the year (if the securities are traded on an active market), or based on the proportionate share of the estimated fair value of the underlying assets (net asset value). Other investments are valued using a combination of market, income, and cost approaches, based on the nature of the investment. Absolute return investments are primarily valued based on net asset value derived from observable market inputs. Real estate investments are valued primarily based on independent appraisals and discounted cash flow models, taking into consideration discount rates and local market conditions. Private equity investments are valued primarily based on independent appraisals, discounted cash flow models, cost, and comparable market transactions, which include inputs such as discount rates and pricing data from the most recent equity financing. Insurance contracts are primarily valued based on contract values, which approximate fair value.

Some of the plans' assets, primarily absolute return, real estate, and private equity, do not have readily determinable market values due to the nature of these investments. For these investments, fund manager or general partner estimates were used where available. The estimates for the absolute return assets are derived from observable inputs, based on the fair value of the underlying positions, which have readily available market prices. For investments with lagged pricing, the Company used the available net asset values, and also considered expected return, subsequent cash flows and material events.

For all of the Company's major defined benefit pension plans, investment managers are selected that are expected to provide best-in-class asset management for their particular asset class, and expected returns greater than those expected from existing salable assets, especially if this would maintain the aggregate volatility desired for each plan's portfolio. Investment managers are retained for the purpose of managing specific investment strategies within contractual investment guidelines. Certain investment managers are authorized to invest in derivatives such as futures, swaps, and currency forward contracts. Investments in futures and swaps are used to obtain targeted exposure to a particular asset, index or bond duration and only require a portion of the cash to gain exposure to the notional value of the underlying investment. The remaining cash is available to be deployed and in some cases is invested in a diversified portfolio of various uncorrelated hedge fund strategies that provide added returns at a lower level of risk. Of the investments shown in the major U.S. plans table as of December 31, 2011 above, XX% and XX% of the total U.S. assets reported within equity securities and government bonds, respectively, are reflective of the exposures gained from the use of derivatives, and are invested in a diversified portfolio of hedge funds using equity, debt, commodity, and currency strategies. Of the investments shown in the major Non-U.S. plans table as of December 31, 2011 above, X% and XX% of the total Non-U.S. assets reported within equity securities and government bonds, respectively, are reflective of the exposures gained from the use of derivatives, and are invested in a diversified portfolio of hedge funds using equity, debt, commodity, and currency strategies. Foreign currency contracts and swaps are used to partially hedge foreign currency risk. Additionally, the Company's major defined benefit pension plans invest in government bond futures or local government bonds to partially hedge the liability risk of the plans.

The following is a reconciliation of the beginning and ending balances of level 3 assets of the Company's major U.S. defined benefit pension plans (in millions):

	U.S.
	Balance at January 1, 2011		Net Realized and Unrealized Gains/(Losses)			Net Purchases and Sales			Net Transfer Into/(Out of) Level 3		Balance at December 31, 2011

Equity Securities	$	19	$	(1	)	$	-		$	-	$	18
Inflations-Linked Bonds		221		39			-			-		260
Private Equity		1,063		139			(231	)		-		971
Real Estate		240		18			(45	)		-		213
Total	$	1,543	$	195		$	(276	)	$	-	$	1,462

	U.S.
	Balance at January 1, 2010		Net Realized and Unrealized Gains/(Losses)			Net Purchases and Sales			Net Transfer Into/(Out of) Level 3		Balance at December 31, 2010

Equity Securities	$	7	$	5		$	7		$	-	$	19
Inflation-Linked Bonds		172		49			-			-		221
Private Equity		958		135			(30	)		-		1,063
Real Estate		293		(34	)		(19	)		-		240
Total	$	1,430	$	155		$	(42	)	$	-	$	1,543

The following is a reconciliation of the beginning and ending balances of level 3 assets of the Company's major Non-U.S. defined benefit pension plans (in millions):

	Non-U.S.
	Balance at January 1, 2011		Net Realized and Unrealized Gains/(Losses)			Net Purchases and Sales			Net Transfer Into/(Out of) Level 3			Balance at December 31, 2011

Inflation-Linked Bonds	$	65	$	(42	)	$	(23	)	$	(54	)	$	(54	)
Private Equity		301		44			(33	)		-			312
Real Estate		77		(7	)		(15	)		-			55
Total	$	443	$	(5	)	$	(71	)	$	(54	)	$	313

	Non-U.S.
	Balance at January 1, 2010		Net Realized and Unrealized Gains/(Losses)			Net Purchases and Sales			Net Transfer Into/(Out of) Level 3		Balance at December 31, 2010

Inflation-Linked Bonds	$	57	$	8		$	-		$	-	$	65
Private Equity		242		32			27			-		301
Real Estate		99		(13	)		(9	)		-		77
Total	$	398	$	27		$	18		$	-	$	443

The Company expects to contribute approximately $15 million and $82 million in 2012 for U.S. and Non-U.S. defined benefit pension plans, respectively.

The following pension benefit payments, which reflect expected future service, are expected to be paid from the plans:

(in millions)	U.S.		Non-U.S.
2012	$	430	$	201
2013		423		197
2014		399		194
2015		392		191
2016		385		189
2017-2021		1,834		944

OTHER POSTRETIREMENT BENEFITS

12 Months Ended

Dec. 31, 2011

OTHER POSTRETIREMENT BENEFITS [Abstract]

OTHER POSTRETIREMENT BENEFITS

NOTE 19: OTHER POSTRETIREMENT BENEFITS

The Company provides healthcare, dental and life insurance benefits to U.S. eligible retirees and eligible survivors of retirees. Generally, to be eligible for the plan, individuals retiring prior to January 1, 1996 were required to be 55 years of age with ten years of service or their age plus years of service must have equaled or exceeded 75. For those retiring after December 31, 1995, the individuals must be 55 years of age with ten years of service or have been eligible as of December 31, 1995. Based on the eligibility requirements, these benefits are provided to U.S. retirees who are covered by the Company's KRIP plan and are funded from the general assets of the Company as they are incurred. However, those under the Cash Balance portion of the KRIP plan would be required to pay the full cost of their benefits under the plan.

The Company's subsidiaries in the United Kingdom and Canada offer similar postretirement benefits.

On November 30, 2010, the Company adopted and announced certain changes to its U.S. postretirement benefit plans effective January 1, 2011. Modifications were made to dependent subsidy levels and prescription drug coverage. These changes resulted in the remeasurement of the plan's obligations as of November 30, 2010.

On March 30, 2011, the Company adopted and announced certain changes to its UK postretirement benefit plan effective May 1, 2011. Modifications were made regarding contributions for certain retirees. These changes resulted in the remeasurement of the plan's obligations as of March 31, 2011.

The measurement date used to determine the net benefit obligation for the Company's other postretirement benefit plans is December 31.

Changes in the Company's benefit obligation and funded status for the U.S., United Kingdom and Canada other postretirement benefit plans were as follows:

(in millions)	2011			2010

Net benefit obligation at beginning of year	$	1,386		$	1,404
Service cost		2			1
Interest cost		64			72
Plan participants' contributions		20			9
Plan amendments		(23	)		(29	)
Actuarial (gain) loss		(5	)		95
Benefit payments		(135	)		(168	)
Currency adjustments		(1	)		2
Net benefit obligation at end of year	$	1,308		$	1,386

Underfunded status at end of year	$	(1,308	)	$	(1,386	)

Amounts recognized in the Consolidated Statement of Financial Position for the Company's U.S., United Kingdom, and Canada plans consisted of:

	As of December 31,
(in millions)	2011			2010

Other current liabilities	$	(123	)	$	(133	)
Pension and other postretirement liabilities		(1,185	)		(1,253	)
	$	(1,308	)	$	(1,386	)

Amounts recognized in Accumulated other comprehensive loss for the Company's U.S., United Kingdom, and Canada plans consisted of:

	As of December 31,
(in millions)	2011			2010

Prior service credit	$	771		$	829
Net actuarial loss		(496	)		(535	)
	$	275		$	294

Changes in benefit obligations recognized in Other comprehensive loss during 2011 for the Company's U.S., United Kingdom, and Canada plans follows:

(in millions)	As of December 31,
	2011			2010
Newly established (gain) loss	$	(5	)	$	95
Newly established prior service credit		(23	)		(29	)
Amortization of:
Prior service credit		80			76
Net loss		(33	)		(28	)
Total amount recognized in Other comprehensive loss	$	19		$	114

Other postretirement benefit cost from continuing operations for the Company's U.S., United Kingdom and Canada plans included:

	For the Year Ended December 31,
(in millions)	2011			2010			2009

Components of net postretirement benefit cost:
Service cost	$	2		$	1		$	1
Interest cost		64			72			92
Amortization of:
Prior service credit		(80	)		(76	)		(71	)
Actuarial loss		33			28			22
Other postretirement benefit cost before curtailments		19			25			44
Curtailment losses		-			-			1
Net other postretirement benefit cost from continuing operations	$	19		$	25		$	45

The prior service credit and net actuarial loss estimated to be amortized from Accumulated other comprehensive loss into net periodic benefit cost over the next year is $80 million and $31 million, respectively.

The U.S. plan represents approximately 94% of the total other postretirement net benefit obligation as of December 31, 2011 and 93% as of December 31, 2010 and, therefore, the weighted-average assumptions used to compute the other postretirement benefit amounts approximate the U.S. assumptions.

The weighted-average assumptions used to determine the net benefit obligations were as follows:

	As of December 31,
	2011			2010
Discount rate		4.25	%		5.03	%
Salary increase rate		3.45	%		3.84	%

The weighted-average assumptions used to determine the net postretirement benefit cost were as follows:

	For the Year Ended December 31,
	2011			2010			2009
Discount rate		5.00	%		5.93	%		6.59	%
Salary increase rate		4.10	%		3.90	%		3.96	%

The weighted-average assumed healthcare cost trend rates used to compute the other postretirement amounts were as follows:

	2011			2010
Healthcare cost trend		7.50	%		7.50	%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		5.00	%		5.00	%
Year that the rate reaches the ultimate trend rate		2017			2016

A one-percentage point change in assumed healthcare cost trend rates would have the following effects:

(in millions)	1% increase		1% decrease
Effect on total service and interest cost	$	1	$	(1	)
Effect on postretirement benefit obligation		21		(18	)

The following other postretirement benefits, which reflect expected future service, are expected to be paid:

(in millions)
2012	$	119
2013		112
2014		108
2015		103
2016		99
2017-2021		443

Benefit plans in the U.S. are subject to the bankruptcy proceedings. On February 27, 2012, the Company made a motion to the Bankruptcy Court requesting approval to terminate certain retiree Medicare supplemental benefits. As of December 31, 2011 those benefits represent approximately $220 million of the Company's other postretirement benefit plans' net benefit obligation. If the motion is approved by the Court, expected cash payments reflected in the table above would be reduced.

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

12 Months Ended

Dec. 31, 2011

ACCUMULATED OTHER COMPREHENSIVE (LOSS) [Abstract]

ACCUMULATED OTHER COMPREHENSIVE (LOSS)

NOTE 20: ACCUMULATED OTHER COMPREHENSIVE (LOSS)

The components of Accumulated other comprehensive (loss), net of tax, were as follows:

	As of December 31,
(in millions)	2011			2010			2009
Unrealized holding gains related to available-for-sale securities	$	1		$	-		$	-
Realized and unrealized (losses) gains from hedging activity, net of tax		(7	)		2			6
Currency translation adjustments		333			315			235
Pension and other postretirement benefit plan obligation activity, net of tax		(2,993	)		(2,452	)		(2,001	)
Total	$	(2,666	)	$	(2,135	)	$	(1,760	)

See Note 18, “Retirement Plans,” and Note 19, “Other Postretirement Benefits,” regarding the pension and other postretirement plan obligation activity.

The entire disclosure for comprehensive income. Includes, but is not limited to, the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14-26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
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-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e681-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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-Paragraph 2
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

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STOCK OPTION AND COMPENSATION PLANS [Abstract]

STOCK OPTION AND COMPENSATION PLANS

12 Months Ended

Dec. 31, 2011

STOCK OPTION AND COMPENSATION PLANS

NOTE 21: STOCK OPTION AND COMPENSATION PLANS

The Company recognized stock-based compensation expense in the amount of $20 million, $21 million and $20 million for the years ended December 31, 2011, 2010 and 2009, respectively. There were no proceeds from the issuance of common stock through stock option plans for the years ended December 31, 2011, 2010, or 2009.

Of the expense amounts noted above, compensation expense related to stock options during the years ended December 31, 2011, 2010 and 2009 was $3 million, $4 million and $5 million, respectively. Compensation expense related to unvested stock and performance awards during the years ended December 31, 2011, 2010 and 2009 was $17 million, $17 million and $15 million, respectively.

The Company's stock incentive plans consist of the 2005 Omnibus Long-Term Compensation Plan (the “2005 Plan”), the 2000 Omnibus Long-Term Compensation Plan (the “2000 Plan”), and the 1995 Omnibus Long-Term Compensation Plan (the “1995 Plan”). The Plans are administered by the Executive Compensation and Development Committee of the Board of Directors. Stock options are generally non-qualified and are at exercise prices not less than 100% of the per share fair market value on the date of grant. Stock-based compensation awards granted under the Company's stock incentive plans are generally subject to a three-year vesting period from the date of grant.

Under the 2005 Plan, 11 million shares of the Company's common stock may be granted to employees between January 1, 2005 and December 31, 2014. This share reserve may be increased by shares that are forfeited pursuant to awards made under the 1995, 2000, and 2005 Plans; shares retained for payment of tax withholding; shares delivered for payment or satisfaction of tax withholding; shares reacquired on the open market using cash proceeds from option exercises; and awards that otherwise do not result in the issuance of shares. The 2005 Plan is substantially similar to and is intended to replace the 2000 Plan, which expired on January 18, 2005. Options granted under the 2005 Plan generally expire seven years from the date of grant, but may be forfeited or canceled earlier if the optionee's employment terminates prior to the end of the contractual term. The 2005 Plan provides for, but is not limited to, grants of unvested stock, performance awards, and Stock Appreciation Rights (“SARs”), either in tandem with options or freestanding. SARs allow optionees to receive payment equal to the increase in the market price of the Company's stock from the grant date to the exercise date. As of December 31, 2011, 10,000 freestanding SARs were outstanding under the 2005 Plan at an option price of $7.50. Compensation expense recognized for the years ended December 31, 2011, 2010, and 2009 on those freestanding SARs was not material.

Under the 2000 Plan, 22 million shares of the Company's common stock were eligible for grant to a variety of employees between January 1, 2000 and December 31, 2004. The 2000 Plan was substantially similar to, and was intended to replace, the 1995 Plan, which expired on December 31, 1999. The options generally expire ten years from the date of grant, but may expire sooner if the optionee's employment terminates. The 2000 Plan provided for, but was not limited to, grants of unvested stock, performance awards, and SARs, either in tandem with options or freestanding. As of December 31, 2011, 4,500 freestanding SARs were outstanding under the 2000 Plan at option prices ranging from $23.25 to $27.55. Compensation expense recognized for the years ended December 31, 2011, 2010, and 2009 on those freestanding SARs was not material.

Under the 1995 Plan, 22 million shares of the Company's common stock were eligible for grant to a variety of employees between February 1, 1995 and December 31, 1999. The options generally expire ten years from the date of grant, but may expire sooner if the optionee's employment terminates. The 1995 Plan provided for, but was not limited to, grants of unvested stock, performance awards, and SARs, either in tandem with options or freestanding. As of December 31, 2011, no freestanding SARs were outstanding under the 1995 Plan.

Further information relating to stock options is as follows:

(Amounts in thousands, except per share amounts)	Shares Under Option		Range of Price Per Share		Weighted-Average Exercise Price Per Share

Outstanding on December 31, 2008		25,207	$	7.41 - $79.63	$	31.71
Granted		1,229	$	2.64 - $6.76	$	4.61
Exercised		0		N/A		N/A
Terminated, Expired, Surrendered		2,916	$	7.41 - $79.63	$	45.73
Outstanding on December 31, 2009		23,520	$	2.64 - $65.91	$	28.55
Granted		300	$	3.96 - $5.96	$	4.17
Exercised		0		N/A		N/A
Terminated, Expired, Surrendered		5,790	$	7.41 - $65.91	$	37.68
Outstanding on December 31, 2010		18,030	$	2.64 - $48.34	$	25.22
Granted		2,179	$	2.82 - $5.22	$	3.41
Exercised		0		N/A		N/A
Terminated, Expired, Surrendered		6,599	$	3.40 - $65.91	$	31.07
Outstanding on December 31, 2011		13,610	$	2.64 - $38.04	$	18.89

Exercisable on December 31, 2009		20,018	$	7.41 - $65.91	$	31.96
Exercisable on December 31, 2010		16,036	$	2.64 - $48.34	$	27.64
Exercisable on December 31, 2011		10,568	$	2.64 - $38.04	$	23.25

The following table summarizes information about stock options as of December 31, 2011:

(Number of options in thousands)

					Options Outstanding						Options Exercisable
Range of Exercise							Weighted-Average
Prices							Remaining
At				Less			Contractual Life		Weighted-Average				Weighted-Average
Least				Than	Options		(Years)		Exercise Price		Options		Exercise Price
$	2	-	$	10		6,033		4.70	$	5.27		2,991	$	6.83
$	10	-	$	30		4,042		1.51	$	24.63		4,042	$	24.63
$	30	-	$	40		3,535		0.93	$	35.57		3,535	$	35.57
						13,610						10,568

At December 31, 2011, the weighted-average remaining contractual term of all options outstanding and exercisable was 2.78 years and 1.92 years respectively. There was no intrinsic value of options outstanding and exercisable due to the fact that the market price of the Company's common stock as of December 31, 2011 was below the weighted-average exercise price of options. There were no option exercises during 2009, 2010, or 2011.

The fair value of each option award is estimated on the date of grant using the Black-Scholes option valuation model that uses the assumptions noted in the following table. Expected volatilities are based on historical volatility of the Company's stock, management's estimate of implied volatility of the Company's stock, and other factors. The expected term of options granted is derived from the vesting period of the award, as well as historical exercise behavior, and represents the period of time that options granted are expected to be outstanding. The risk-free rate is calculated using the U.S. Treasury yield curve, and is based on the expected term of the option. The Company uses historical data to estimate forfeitures.

The Black-Scholes option pricing model was used with the following weighted-average assumptions for options issued in each year:

	For the Year Ended
	2011	2010	2009

Weighted-average risk-free interest rate	2.48%	1.50%	2.63%
Risk-free interest rates	2.2% - 2.5%	1.5% - 2.9%	1.9% - 2.7%
Weighted-average expected option lives	6 years	6 years	6 years
Expected option lives	6 years	6 years	6 years
Weighted-average volatility	59%	57%	45%
Expected volatilities	59% - 60%	45% - 58%	45%
Weighted-average expected dividend yield	0.0%	0.0%	0.4%
Expected dividend yields	0.0%	0.0%	0.0% - 7.1%

The weighted-average fair value per option granted in 2011, 2010, and 2009 was $1.92, $2.16, and $2.06, respectively.

As of December 31, 2011, there was $3 million of total unrecognized compensation cost related to unvested options. The cost is expected to be recognized over a weighted-average period of 1.7 years.

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

ACQUISITIONS	12 Months Ended
ACQUISITIONS	Dec. 31, 2011
ACQUISITIONS [Abstract]
ACQUISITIONS	NOTE 22: ACQUISITIONS 2011 On March 1, 2011, the Company completed the acquisition of substantially all of the assets of the relief plates business of Tokyo Ohka Kogyo Co., Ltd. for a purchase price of approximately $27 million, net of cash acquired. The acquisition expands and enhances the Company's capabilities to serve customers, particularly in the packaging industry. The acquired relief plates business is part of the Company's Prepress Solutions group within the GCG segment. This acquisition was immaterial to the Company's financial position as of December 31, 2011, and its results of operations and cash flows for the year ended December 31, 2011. The Company's estimated fair value of the assets acquired and liabilities assumed at the date of acquisition exceeded the purchase price by $5 million. This amount was recorded as a gain from a bargain purchase within Other income (charges), net in the Consolidated Statement of Operations for the year ended December 31, 2011. 2010 There were no significant acquisitions in 2010. 2009 In the third quarter of 2009, the Company acquired the scanner division of BÖWE BELL + HOWELL, which markets a portfolio of production document scanners that complements the products currently offered within the GCG segment. Through this acquisition, Kodak expects to expand customer value by providing a wider choice of production scanners. Since Kodak has provided field service to BÖWE BELL + HOWELL scanners since 2001, this acquisition is also expected to enhance global access to service and support for channel partners and end-user customers worldwide. This acquisition was immaterial to the Company's financial position as of December 31, 2009, and its results of operations and cash flows for the year ended December 31, 2009.

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Appendix F
-Paragraph F4
-Subparagraph e

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
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Reference 5: http://www.xbrl.org/2003/role/presentationRef
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DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2011

DISCONTINUED OPERATIONS [Abstract]

DISCONTINUED OPERATIONS

NOTE 23: DISCONTINUED OPERATIONS

The components of earnings (loss) from discontinued operations, net of income taxes, are as follows:

	For the Year Ended December 31,
(in millions)	2011			2010			2009

Benefit (provision) for income taxes related to discontinued operations	$	4		$	(10	)	$	8
All other items, net		(1	)		(2	)		9
Earnings (loss) from discontinued operations, net of income taxes	$	3		$	(12	)	$	17

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43-48
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760

EXTRAORDINARY ITEM	12 Months Ended
EXTRAORDINARY ITEM	Dec. 31, 2011
EXTRAORDINARY ITEM [Abstract]
EXTRAORDINARY ITEM	NOTE 24: EXTRAORDINARY ITEM The terms of the purchase agreement of the 2004 acquisition of NexPress Solutions LLC called for additional consideration to be paid by the Company if sales of certain products exceeded a stated minimum number of units sold during a five-year period following the close of the transaction. In May 2009, the earn-out period lapsed with no additional consideration required to be paid by the Company. Negative goodwill, representing the contingent consideration obligation of $17 million, was therefore reduced to zero. The reversal of negative goodwill reduced Property, plant and equipment, net by $2 million and Research and development expense by $7 million and resulted in an extraordinary gain of $6 million, net of tax, during the year ended December 31, 2009.

SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2011

SEGMENT INFORMATION [Abstract]

SEGMENT INFORMATION

NOTE 25: SEGMENT INFORMATION

Segment Reporting Structure

For 2011, the Company had three reportable segments: Consumer Digital Imaging Group, Graphic Communications Group, and Film, Photofinishing and Entertainment Group. The balance of the Company's continuing operations, which individually and in the aggregate do not meet the criteria of a reportable segment, are reported in All Other. A description of the segments is as follows:

Consumer Digital Imaging Group Segment (“CDG”): CDG encompasses digital still and video cameras, digital devices such as picture frames, kiosks, APEX drylab systems, and related consumables and services, consumer inkjet printing systems, Kodak Gallery products and services, and imaging sensors. CDG also includes the licensing activities related to the Company's intellectual property in digital imaging products. As announced on February 9, 2012, the Company plans to phase out its dedicated capture devices business, including digital cameras, pocket video cameras, and digital picture frames in the first half of 2012.

Graphic Communications Group Segment (“GCG”): GCG encompasses workflow software and digital controllers; digital printing, which includes commercial inkjet and electrophotographic products, including equipment, consumables and service; prepress consumables; prepress equipment and packaging solutions; business solutions and consulting services; and document scanners.

Film, Photofinishing and Entertainment Group Segment (“FPEG”): FPEG encompasses consumer and professional film, one-time-use cameras, aerial and industrial materials, and entertainment imaging products and services. In addition, this segment also includes paper and output systems, and photofinishing services.

All Other: This category includes the results of the Company's display business, up to the date of sale of assets of this business in the fourth quarter of 2009.

Transactions between segments, which are immaterial, are made on a basis intended to reflect the market value of the products, recognizing prevailing market prices and distributor discounts. Differences between the reportable segments' operating results and assets and the Company's consolidated financial statements relate primarily to items held at the corporate level, and to other items excluded from segment operating measurements.

Change in Segment Measure of Profit and Loss

During the first quarter of 2011, the Company changed its segment measure of profit and loss to exclude certain components of pension and other postretirement obligations (OPEB). As a result of this change, the operating segment results exclude the interest cost, expected return on plan assets, amortization of actuarial gains and losses, and special termination benefit, curtailment and settlement components of pension and OPEB expense. The service cost and amortization of prior service cost components will continue to be reported as part of operating segment results.

Prior period segment results have been revised to reflect this change.

2012 Reportable Segments

For 2012, the Company will report financial information for two reportable segments; Commercial Group and Consumer Group.

The Commercial Group will be comprised of the following: Graphics, Entertainment & Commercial Film Business, Digital and Functional Printing, and Enterprise Services and Solutions.

The Consumer Group will be comprised of the following: Intellectual Property and the Consumer Business: Retail Systems Solutions, Consumer Inkjet Systems, Traditional Photofinishing, and Digital Capture and Devices.

Segment financial information is shown below.

	For the Year Ended December 31,
(in millions)	2011			2010			2009

Net sales from continuing operations:
Consumer Digital Imaging Group	$	1,739		$	2,731		$	2,626
Graphic Communications Group		2,736			2,674			2,718
Film, Photofinishing and Entertainment Group		1,547			1,762			2,262
All Other		-			-			3
Consolidated total	$	6,022		$	7,167		$	7,609

(Loss) earnings from continuing operations before interest expense, other income (charges), net and income taxes:
Consumer Digital Imaging Group	$	(349	)	$	278		$	(10	)
Graphic Communications Group		(191	)		(95	)		(107	)
Film, Photofinishing and Entertainment Group		34			91			187
All Other		-			(1	)		(16	)
Total		(506	)		273			54
Restructuring costs, rationalization and other		(133	)		(78	)		(258	)
Corporate components of pension and OPEB (expense) income		(28	)		96			85
Other operating (expenses) income, net		67			(619	)		88
Adjustments to contingencies and legal reserves/settlements		-			(8	)		3
Interest expense		(156	)		(149	)		(119	)
Loss on early extinguishment of debt		-			(102	)		-
Other income (charges), net		(2	)		26			30
Loss from continuing operations before income taxes	$	(758	)	$	(561	)	$	(117	)

Segment total assets:
Consumer Digital Imaging Group	$	929	$	1,126	$	1,198
Graphic Communications Group		1,459		1,566		1,734
Film, Photofinishing and Entertainment Group		913		1,090		1,991
Total of reportable segments		3,301		3,782		4,923
Cash and marketable securities		867		1,628		2,031
Deferred income tax assets		510		815		728
All Other/ corporate items		-		1		-
Consolidated total assets	$	4,678	$	6,226	$	7,682

Intangible asset amortization expense from continuing operations:
Consumer Digital Imaging Group	$	-	$	-	$	-
Graphic Communications Group		41		58		71
Film, Photofinishing and Entertainment Group		-		2		2
Consolidated total	$	41	$	60	$	73

Depreciation expense from continuing operations:
Consumer Digital Imaging Group	$	81	$	89	$	86
Graphic Communications Group		87		85		94
Film, Photofinishing and Entertainment Group		75		136		151
All Other		-		2		1
Sub-total		243		312		332
Restructuring-related depreciation		10		6		22
Consolidated total	$	253	$	318	$	354

Capital additions from continuing operations:
Consumer Digital Imaging Group	$	52	$	59	$	61
Graphic Communications Group		62		64		67
Film, Photofinishing and Entertainment Group		14		26		23
All Other		-		-		1
Consolidated total	$	128	$	149	$	152

Net sales to external customers attributed to (1):
The United States	$	2,043	$	3,102	$	3,086
Europe, Middle East and Africa	$	1,973	$	2,031	$	2,358
Asia Pacific		1,239		1,234		1,298
Canada and Latin America		767		800		867
Foreign countries total	$	3,979	$	4,065	$	4,523
Consolidated total	$	6,022	$	7,167	$	7,609

Property, plant and equipment, net located in :
The United States	$	554	$	664	$	819
Europe, Middle East and Africa	$	158	$	189	$	219
Asia Pacific		143		144		159
Canada and Latin America		40		40		57
Foreign countries total	$	341	$	373	$	435
Consolidated total	$	895	$	1,037	$	1,254

(1) Sales are reported in the geographic area in which they originate.

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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QUARTERLY SALES AND EARNINGS DATA - UNAUDITED [Abstract]

QUARTERLY SALES AND EARNINGS DATA UNAUDITED

12 Months Ended

Dec. 31, 2011

QUARTERLY SALES AND EARNINGS DATA - UNAUDITED

NOTE 26: QUARTERLY SALES AND EARNINGS DATA – UNAUDITED

(in millions, except per share data)	4th Qtr.				3rd Qtr.				2nd Qtr.				1st Qtr.

2011
Net sales from continuing operations	$	1,753			$	1,462			$	1,485			$	1,322
Gross profit from continuing operations		344				207				211				125
Loss from continuing operations		(117	)	(4)		(222	)	(3)		(179	)	(2)		(249	)	(1)
Earnings from discontinued operations (9)		-				-				-				3
Net loss attributable to Eastman Kodak Company		(117	)			(222	)			(179	)			(246	)
Basic and diluted net (loss) earnings per share attributable to Eastman Kodak Company common shareholders (10)
Continuing operations		(0.43	)			(0.83	)			(0.67	)			(0.92	)
Discontinued operations		-				-				-				0.01
Total		(0.43	)			(0.83	)			(0.67	)			(0.91	)

2010
Net sales from continuing operations	$	1,942			$	1,756			$	1,555			$	1,914
Gross profit from continuing operations		376				474				303				793
(Loss) earnings from continuing operations		(584	)	(8)		(43	)	(7)		(167	)	(6)		119		(5)
Loss from discontinued operations (9)		(11	)			-				(1	)			-
Net (loss) earnings attributable to Eastman Kodak Company		(595	)			(43	)			(168	)			119
Basic net (loss) earnings per share attributable to Eastman Kodak Company common shareholders (10)
Continuing operations		(2.17	)			(0.16	)			(0.62	)			0.44
Discontinued operations		(0.04	)			-				(0.01	)			-
Total		(2.21	)			(0.16	)			(0.63	)			0.44

Diluted net (loss) earnings per share attributable to Eastman Kodak Company common shareholders (10)
Continuing operations		(2.17	)			(0.16	)			(0.62	)			0.40
Discontinued operations		(0.04	)			-				(0.01	)			-
Total		(2.21	)			(0.16	)			(0.63	)			0.40

(1)

Includes pre-tax restructuring charges of $35 million ($2 million included in Cost of sales and $33 million included in Restructuring costs, rationalization and other), which decreased net earnings from continuing operations by $34 million; a pre-tax gain on asset/business sales of $71 million (included in Other operating (income) expenses, net), which increased net earnings from continuing operations by $71 million; and Corporate pension costs of $8 million (included in Cost of sales, SG&A, and R&D), which decreased net earnings from continuing operations by $6 million.

(2)

Includes pre-tax restructuring charges of $36 million ($7 million included in Cost of sales and $29 million included in Restructuring costs, rationalization and other), which decreased net earnings from continuing operations by $33 million; and Corporate pension costs of $4 million (included in Cost of sales, SG&A, and R&D), which decreased net earnings from continuing operations by $2 million.

(3)

Includes pre-tax restructuring charges of $18 million ($1 million included in Cost of sales and $17 million included in Restructuring costs, rationalization and other), which decreased net earnings from continuing operations by $18 million; and a pre-tax impairment charge of $8 million (included in Other operating expenses (income), net), which decreased net earnings from continuing operations by $8 million.

(4)

Includes pre-tax restructuring charges of $44 million ($2 million included in Cost of sales and $42 million included in Restructuring costs, rationalization and other), which decreased net earnings from continuing operations by $42 million; Corporate pension costs of $4 million (included in Cost of sales, SG&A, and R&D), which increased net earnings from continuing operations by $1 million, and a pre-tax gain on asset/business sales of $8 million, which increased net earnings by $8 million.

(5)

Includes pre-tax restructuring charges of $14 million ($1 million included in Cost of sales and $13 million included in Restructuring costs, rationalization and other), which decreased net earnings from continuing operations by $12 million; a pre-tax loss on early extinguishment of debt of $102 million, which decreased net earnings from continuing operations by $102 million; a pre-tax loss on asset sales of $4 million (included in Other operating expenses (income), net), which decreased net earnings from continuing operations by $4 million; and other discrete tax items, which decreased net earnings from continuing operations by $19 million.

(6)

Includes pre-tax restructuring charges of $11 million (included in Restructuring costs, rationalization and other), which increased net loss from continuing operations by $11 million; pre-tax legal contingencies and settlements of $19 million ($10 million included in Cost of sales, $3 million included in Interest expense, and $6 million included in Other income (charges), net), which increased net loss from continuing operations by $19 million; a pre-tax gain on asset sales of $2 million (included in Other operating expenses (income), net), which decreased net loss from continuing operations by $2 million; and other discrete tax items, which increased net loss from continuing operations by $3 million.

(7)

Includes pre-tax restructuring charges of $29 million ($5 million included in Cost of sales and $24 million included in Restructuring, rationalization and other), which increased net loss from continuing operations by $28 million; a pre-tax gain on asset sales of $3 million (included in Other operating expenses (income), net), which decreased net loss from continuing operations by $3 million; and other discrete tax items, which increased net loss from continuing operations by $13 million.

(8)

Includes a pre-tax goodwill impairment charge of $626 million (included in Other operating expenses (income), net), which increased net loss from continuing operations by $624 million, pre-tax restructuring charges of $24 million ($2 million included in Cost of sales and $22 million included in Restructuring costs, rationalization and other), which increased net loss from continuing operations by $24 million; a pre-tax foreign contingency of $6 million ($2 million included in Cost of sales, $2 million in Interest expense, and $2 million in Other income (charges), net), which decreased net loss from continuing operations by $6 million; a pre-tax gain on asset sales of $6 million (included in Other operating expenses (income), net), which decreased net loss from continuing operations by $6 million; and other discrete tax items, which decreased net loss from continuing operations by $144 million.

(9)	Refer to Note 23, “Discontinued Operations,” in the Notes to Financial Statements for a discussion regarding earnings from discontinued operations.

(10)	Each quarter is calculated as a discrete period and the sum of the four quarters may not equal the full year amount. The Company's diluted net (loss) earnings per share in the above table may include the effect of convertible debt instruments.

Changes in Estimates Recorded During the Fourth Quarter Ended December 31, 2011

During the fourth quarter ended December 31, 2011, the Company recorded a reduction of expense of approximately $43 million, net of tax, related to changes in estimates with respect to certain of its employee benefit and compensation accruals. These changes in estimates positively impacted results for the quarter by $.16 per share.

Eastman Kodak Company

SUMMARY OF OPERATING DATA - UNAUDITED

(in millions, except per share data, shareholders, and employees)

	2011				2010				2009				2008				2007

Net sales from continuing operations (8)	$	6,022			$	7,167			$	7,609			$	9,416			$	10,301
Loss from continuing operations before interest expense, other income (charges), net and income taxes		(600	)			(336	)			(28	)			(821	)			(230	)
(Loss) earnings from:
Continuing operations		(767	)	(1)		(675	)	(2)		(232	)	(3)		(727	)	(4)		(206	)	(5)
Discontinued operations		3		(6)		(12	)	(6)		17		(6)		285		(6)		884
Extraordinary item, net of tax		-				-				6				-				-
Net (Loss) Earnings		(764	)			(687	)			(209	)			(442	)			678
Less: Net earnings attributable to noncontrolling interests		-				-				(1	)			-				(2	)
Net (Loss) Earnings Attributable to Eastman Kodak Company		(764	)			(687	)			(210	)			(442	)			676

Earnings and Dividends
(Loss) earnings from continuing operations
- % of net sales from continuing operations		-12.7	%			-9.4	%			-3.0	%			-7.7	%			-2.0	%
Net (loss) earnings
- % return on average equity		-44.1	%			-124.0	%			-44.0	%			-21.8	%			30.2	%
Basic and diluted (loss) earnings per share attributable to Eastman Kodak Company common shareholders:
Continuing operations		(2.85	)			(2.51	)			(0.87	)			(2.58	)			(0.71	)
Discontinued operations		0.01				(0.05	)			0.07				1.01				3.06
Extraordinary item, net of tax		-				-				0.02				-				-
Total		(2.84	)			(2.56	)			(0.78	)			(1.57	)			2.35
Cash dividends declared and paid
- on common shares		-				-				-				139				144
- per comon share		-				-				-				0.50				0.50
Common shares outstanding at year end		271.4				268.9				268.6				268.2				288.0
Shareholders at year end		49,760				51,802				54,078				56,115				58,652

Statement of Financial Position Data
Working capital		554				966				1,407				1,566				1,631
Property, plant and equipment, net		895				1,037				1,254				1,551				1,811
Total assets		4,678				6,226				7,682				9,179				13,659
Short-term borrowings and current portion of long-term debt		152				50				62				51				308
Long-term debt, net of current portion		1,363				1,195				1,129				1,252				1,289

		2011				2010				2009				2008				2007
Supplemental Information
Net sales from continuing operations
- CDG	$	1,739			$	2,731			$	2,626			$	3,088			$	3,247
- GCG		2,736				2,674				2,718				3,334				3,413
- FPEG		1,547				1,762				2,262				2,987				3,632
- All Other		-				-				3				7				9
Research and development costs		274				318				351				478				525
Depreciation		253				318				354				420				679
Taxes (excludes payroll, sales and excise taxes)		39				146				149				(105	)			5
Wages, salaries and employee benefits (7)		1,400				1,572				1,732				2,141				2,846
Employees as of year end
- in the U.S.		8,350				9,600				10,630				12,800				14,200
- worldwide		17,100				18,800				20,250				24,400				26,900

SUMMARY OF OPERATING DATA

Eastman Kodak Company

(1)

Includes pre-tax goodwill impairment charges of $13 million; pre-tax restructuring charges of $133 million; $80 million of income related to gains on assets sales; Corporate pension costs of $28 million, and $3 million of income related to reversals of value-added tax reserves. These items increased net loss from continuing operations by $36 million.

(2)

Includes a pre-tax goodwill impairment charge of $626 million; pre-tax restructuring charges of $78 million; a $102 million loss on early extinguishment of debt; $7 million of income related to gains on assets sales; $19 million of income related to legal contingencies and settlements; $6 million of charges related to foreign contingencies; and a net benefit of $109 million related to other discrete tax items. These items increased net loss from continuing operations by $698 million.

(3)

Includes pre-tax restructuring and rationalization charges of $258 million; a $5 million charge related to a legal settlement; $94 million of income related to gains on asset sales; $7 million of income related to the reversal of negative goodwill; $10 million of income related to reversals of value-added tax reserves; and a $6 million asset impairment charge. These items increased net loss from continuing operations by $138 million.

(4)

Includes a pre-tax goodwill impairment charge of $785 million; pre-tax restructuring and rationalization charges of $149 million, net of reversals; $21 million of income related to gains on sales of assets and businesses; $3 million of charges related to asset impairments; $41 million of charges for legal contingencies and settlements; $10 million of charges for support of an educational institution; $94 million of income related to postemployment benefit plans; $3 million of income for a foreign export contingency; $270 million of income related to an IRS refund; and charges of $27 million related to other discrete tax items. These items increased net loss from continuing operations by $610 million.

(5)

Includes pre-tax restructuring charges of $662 million, net of reversals; $157 million of income related to property and asset sales; $57 million of charges related to asset impairments; $6 million of charges for the establishment of a loan reserve; $9 million of charges for a foreign export contingency; and tax adjustments of $14 million. These items increased net loss from continuing operations by $464 million.

(6)	Refer to Note 23, “Discontinued Operations” in the Notes to Financial Statements for a discussion regarding the earnings from discontinued operations.

(7)	Amounts for 2007 have not been adjusted to remove wages, salaries and employee benefits associated with the Health Group.

(8)	Includes revenues from non-recurring intellectual property licensing agreements of $-82 million in 2011, $838 million in 2010, $435 million in 2009, $227 million in 2008, and $236 million in 2007.

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

DERIVATIVE FINANCIAL INSTRUMENTS

SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2011

Accounting Policies [Abstract]

ACCOUNTING PRINCIPLES

BASIS OF CONSOLIDATION

USE OF ESTIMATES

CHANGE IN ESTIMATE

FOREIGN CURRENCY

The effects of foreign currency transactions, including related hedging activities, are included in Other income (charges), net, in the accompanying Consolidated Statement of Operations.

CASH EQUIVALENTS

All highly liquid investments with a remaining maturity of three months or less at date of purchase are considered to be cash equivalents.

INVENTORIES

PROPERTIES

	Years
Buildings and building improvements		5-40
Land improvements		20
Leasehold improvements		3-20
Equipment		3-15
Tooling		1-3
Furniture and fixtures		5-10

GOODWILL

Goodwill represents the excess of purchase price of an acquisition over the fair value of net assets acquired. Goodwill is not amortized, but is required to be assessed for impairment at least annually. The Company has elected September 30 as the annual impairment assessment date for all of its reporting units, and will perform additional impairment tests when events or changes in circumstances occur that would more likely than not reduce the fair value of the reporting unit below its carrying amount. A reporting unit is defined as an operating segment or one level below an operating segment. The Company estimates the fair value of its reporting units utilizing an income approach through the application of a discounted cash flow method. The assessment is performed in two steps, step one to test for a potential impairment of goodwill and, if potential losses are identified, step two to measure the impairment loss. Determining the fair value of a reporting unit involves the use of significant estimates and assumptions.

The Company recorded pre-tax goodwill impairment charges of $8 million and $626 million in 2011 and 2010. See Note 6, “Goodwill and Other Intangible Assets.”

REVENUE

The Company's revenue transactions include sales of the following: products; equipment; software; services; integrated solutions; and intellectual property licensing. The Company recognizes revenue when realized or realizable and earned, which is when the following criteria are met: persuasive evidence of an arrangement exists; delivery has occurred; the sales price is fixed or determinable; and collectability is reasonably assured. If the Company determines that collection of a fee is not reasonably assured, the fee is deferred and revenue is recognized at the time collection becomes reasonably assured, which is generally upon receipt of payment. At the time revenue is recognized, the Company provides for the estimated costs of customer incentive programs, warranties and estimated returns and reduces revenue accordingly.

For equipment sales, the recognition criteria are generally met when the equipment is delivered and installed at the customer site. Revenue is recognized for equipment upon delivery as opposed to upon installation when there is objective and reliable evidence of fair value for the installation, and the amount of revenue allocable to the equipment is not legally contingent upon the completion of the installation. In instances in which the agreement with the customer contains a customer acceptance clause, revenue is deferred until customer acceptance is obtained, provided the customer acceptance clause is considered to be substantive. For certain agreements, the Company does not consider these customer acceptance clauses to be substantive because the Company can and does replicate the customer acceptance test environment and performs the agreed upon product testing prior to shipment. In these instances, revenue is recognized upon installation of the equipment.

Revenue for the sale of software licenses is recognized when: (1) the Company enters into a legally binding arrangement with a customer for the license of software; (2) the Company delivers the software; (3) customer payment is deemed fixed or determinable and free of contingencies or significant uncertainties; and (4) collection from the customer is reasonably assured. Software maintenance and support revenue is recognized ratably over the term of the related maintenance period.

The Company's transactions may involve the sale of equipment, software, and related services under multiple element arrangements. The Company allocates revenue to the various elements based on their fair value. Revenue allocated to an individual element is recognized when all other revenue recognition criteria are met for that element.

When the Company has continuing obligations related to a licensing arrangement, including extending the rights to currently undeveloped intellectual property, revenue related to the ongoing arrangement is recognized over the period of the obligation. The Company ascribes revenue on these arrangements over the period of the obligation, beginning when the Company is first entitled to past due royalties (for example, the date the licensee was notified of infringement) through the end of the obligation period.

In instances where the Company provides slotting fees or similar arrangements, this incentive is recognized as a reduction in revenue when payment is made to the customer (or at the time the Company has incurred the obligation, if earlier) unless the Company receives a benefit over a period of time, in which case the incentive is recorded as an asset and is amortized as a reduction of revenue over the term of the arrangement. Arrangements in which the Company receives an identifiable benefit include arrangements that have enforceable exclusivity provisions and those that provide a clawback provision entitling the Company to a pro rata reimbursement if the customer does not fulfill its obligations under the contract.

RESEARCH AND DEVELOPMENT COSTS

Research and development (“R&D”) costs, which include costs incurred in connection with new product development, fundamental and exploratory research, process improvement, product use technology and product accreditation, are expensed in the period in which they are incurred. In connection with business combinations entered into prior to January 1, 2009, the purchase price allocated to R&D projects that had not yet reached technological feasibility and for which no alternative future use existed was expensed in the period of acquisition. Effective January 1, 2009, the acquisition-date fair value of research and development assets acquired in a business combination are capitalized.

ADVERTISING

Advertising costs are expensed as incurred and included in selling, general and administrative expenses in the accompanying Consolidated Statement of Operations. Advertising expenses amounted to $301 million, $271 million, and $350 million for the years ended December 31, 2010, 2009, and 2008, respectively.

SHIPPING AND HANDLING COSTS

Amounts charged to customers and costs incurred by the Company related to shipping and handling are included in net sales and cost of sales, respectively.

IMPAIRMENT OF LONG-LIVED ASSETS

The Company reviews the carrying values of its long-lived assets, other than goodwill and purchased intangible assets with indefinite useful lives, for impairment whenever events or changes in circumstances indicate that the carrying values may not be recoverable. The Company assesses the recoverability of the carrying values of long-lived assets by first grouping its long-lived assets with other assets and liabilities at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities (the asset group) and, secondly, by estimating the undiscounted future cash flows that are directly associated with and that are expected to arise from the use of and eventual disposition of such asset group. The Company estimates the undiscounted cash flows over the remaining useful life of the primary asset within the asset group. If the carrying value of the asset group exceeds the estimated undiscounted cash flows, the Company records an impairment charge to the extent the carrying value of the long-lived asset exceeds its fair value. The Company determines fair value through quoted market prices in active markets or, if quoted market prices are unavailable, through the performance of internal analyses of discounted cash flows.

INCOME TAXES

EARNINGS PER SHARE

Basic earnings per share computations are based on the weighted-average number of shares of common stock outstanding during the year. As a result of the net loss from continuing operations presented for the years ended December 31, 2010, 2009, and 2008, the Company calculated diluted earnings per share using weighted-average basic shares outstanding for each period, as utilizing diluted shares would be anti-dilutive to loss per share. Weighted-average basic shares outstanding for the years ended December 31, 2010, 2009, and 2008 were 268.5 million, 268.0 million, and 281.8 million shares, respectively.

If the Company had reported earnings from continuing operations for the years ended December 31, 2010, 2009, and 2008, the following potential shares of the Company's common stock would have been dilutive in the computation of diluted earnings per share:

(in millions of shares)	For the Year Ended December 31,
	2010		2009		2008

Unvested share-based awards		2.7		0.5		0.2

The computation of diluted earnings per share for the years ended December 31, 2010, 2009, and 2008 also excluded the assumed conversion of outstanding employee stock options and detachable warrants to purchase common shares, because the effects would be anti-dilutive. The following table sets forth the total amount of outstanding employee stock options and detachable warrants to purchase common shares as of December 31 for each reporting period:

(in millions of shares)	For the Year Ended December 31,
	2010		2009		2008

Employee stock options		18.0		23.5		25.2
Detachable warrants to purchase common shares		40.0		40.0		-
Total		58.0		63.5		25.2

Diluted earnings per share calculations could also reflect shares related to the assumed conversion of approximately $305 million of convertible senior notes due 2017, if dilutive. The Company's diluted (loss) earnings per share excludes the effect of these convertible securities, as they were anti-dilutive for all periods presented. Refer to Note 8, “Short-Term Borrowings and Long-Term Debt.”

SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2011

Accounting Policies [Abstract]

Depreciation periods for Property, plant and equipment

	Years
Buildings and building improvements		5-40
Land improvements		20
Leasehold improvements		3-20
Equipment		3-15
Tooling		1-3
Furniture and fixtures		5-10

Unvested share-based awards

(in millions of shares)	For the Year Ended December 31,
	2010		2009		2008

Unvested share-based awards		2.7		0.5		0.2

Outstanding employee stock options and warrants to purchase common stock

(in millions of shares)	For the Year Ended December 31,
	2010		2009		2008

Employee stock options		18.0		23.5		25.2
Detachable warrants to purchase common shares		40.0		40.0		-
Total		58.0		63.5		25.2

RECEIVABLES, NET (Tables)

12 Months Ended

Dec. 31, 2011

RECEIVABLES, NET [Abstract]

Schedule of net recievables

	As of December 31,
(in millions)	2010		2009

Trade receivables	$	1,137	$	1,238
Miscellaneous receivables		122		157
Total (net of allowances of $77 and $98 as of December 31, 2010 and 2009, respectively)	$	1,259	$	1,395

INVENTORIES, NET (Tables)

12 Months Ended

Dec. 31, 2011

INVENTORIES, NET [Abstract]

Inventories, Net

(in millions)	As of December 31,
	2010		2009

Finished goods	$	421	$	409
Work in process		154		164
Raw materials		121		106

Total	$	696	$	679

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2011

PROPERTY, PLANT AND EQUIPMENT, NET [Abstract]

Property, Plant And Equipment, Net

(in millions)	As of December 31,
	2010			2009
Land	$	43		$	64
Buildings and building improvements		1,413			1,512
Machinery and equipment		4,494			4,792
Construction in progress		72			64
		6,022			6,432
Accumulated depreciation		(4,985	)		(5,178	)
Net properties	$	1,037		$	1,254

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2011

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in goodwill by reportable segment

Goodwill was $294 million and $907 million as of December 31, 2010 and 2009, respectively. The changes in the carrying amount of goodwill by reportable segment for 2010 and 2009 were as follows:

(in millions)						Film,
	Consumer					Photofinishing
	Digital Imaging		Graphic Communications			and Entertainment			Consolidated
	Group		Group			Group			Total

Balance as of December 31, 2008:
Goodwill	$	195	$	873		$	613		$	1,681
Accumulated impairment losses		-		(785	)		-			(785	)
	$	195	$	88		$	613		$	896

Additions		-		4			-			4
Purchase accounting adjustments		-		(1	)		-			(1	)
Currency translation adjustments		-		3			5			8
Balance as of December 31, 2009:
Goodwill		195		879			618			1,692
Accumulated impairment losses		-		(785	)		-			(785	)
	$	195	$	94		$	618		$	907

Impairment		-		-			(626	)		(626	)
Currency translation adjustments		6		(1	)		8			13
Balance as of December 31, 2010:
Goodwill		201		878			626			1,705
Accumulated impairment losses		-		(785	)		(626	)		(1,411	)
	$	201	$	93		$	-		$	294

Gross carrying amount of accumulated amortization by major intangible asset category

The gross carrying amount and accumulated amortization by major intangible asset category as of December 31, 2010 and 2009 were as follows:

	As of December 31, 2010
	Gross Carrying		Accumulated				Weighted-Average
(in millions)	Amount		Amortization		Net		Amortization Period
Technology-based	$	168	$	135	$	33	7 years
Customer-related		256		177		79	11 years
Other		29		17		12	14 years

Total	$	453	$	329	$	124	10 years

	As of December 31, 2009
	Gross Carrying		Accumulated				Weighted-Average
(in millions)	Amount		Amortization		Net		Amortization Period
Technology-based	$	309	$	241	$	68	7 years
Customer-related		273		173		100	10 years
Other		64		48		16	11 years

Total	$	646	$	462	$	184	9 years

Estimated future amortization expense of purchased intangible assets

Estimated future amortization expense related to purchased intangible assets as of December 31, 2010 was as follows (in millions):

2011	$	39
2012		26
2013		13
2014		10
2015		10
2016+		26
Total	$	124

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

OTHER CURRENT LIABILITIES [Abstract]

OTHER LONG-TERM ASSETS (Tables)

12 Months Ended

Dec. 31, 2011

OTHER LONG-TERM ASSETS [Abstract]

Other Long Term Assets

	As of December 31,
(in millions)	2010		2009

Overfunded pension plans	$	48	$	169
Deferred income taxes, net of valuation allowance		695		607
Intangible assets		124		184
Other		242		267
Total	$	1,109	$	1,227

OTHER CURRENT LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2011

Other Current Liabilities

	As of December 31,
(in millions)	2010		2009

Accrued employment-related liabilities	$	420	$	501
Accrued customer rebates, advertising and promotional expenses		322		369
Deferred revenue		178		275
Accrued restructuring liabilities		42		95
Other		519		652
Total	$	1,481	$	1,892

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2011

SHORT-TERM BORROWINGS AND LONG-TERM DEBT [Abstract]

Long-term Debt and Related Maturities and Interest Rates

Long-term debt and related maturities and interest rates were as follows:

				As of December 31,
(in millions)				2010						2009

				Weighted-Average						Weighted-Average
				Effective Interest			Amount			Effective Interest			Amount
Country	Type	Maturity		Rate			Outstanding			Rate			Outstanding

U.S.	Convertible	2010			-		$	-			3.38	%	$	12
U.S.	Term note		2010-2013		6.16	%		27			6.16	%		35
Germany	Term note		2010-2013		6.16	%		109			6.16	%		141
U.S.	Term note		2013		7.25	%		300			7.25	%		500
U.S.	Secured term note		2017		-			-			19.36	%		195
U.S.	Secured term note		2018		10.11	%		491			-			-
U.S.	Convertible		2017		12.75	%		305			12.75	%		295
U.S.	Term note		2018		9.95	%		3			9.95	%		3
U.S.	Term note		2021		9.20	%		10			9.20	%		10
								1,245						1,191
Current portion of long-term debt								(50	)					(62	)
Long-term debt, net of current portion							$	1,195					$	1,129

Annual Maturities of Long-term Debt

Annual maturities (in millions) of long-term debt outstanding at December 31, 2010 were as follows:


	Carrying		Principal
	Value		Amount

2011	$	50	$	50
2012		45		50
2013		341		350
2014		-		-
2015		-		-
2016 and thereafter		809		913
Total	$	1,245	$	1,363

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 22
-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

OTHER LONG-TERM LIABILITIES [Abstract]

OTHER LONG-TERM LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2011

Other Long Term Liabilities

	As of December 31,
(in millions)	2010		2009

Non-current tax-related liabilities	$	160	$	477
Environmental liabilities		103		102
Asset retirement obligations		57		62
Deferred compensation		29		39
Other		276		325
Total	$	625	$	1,005

COMMITMENTS AND CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2011

COMMITMENTS AND CONTINGENCIES [Abstract]

Cash Expenditures For Pollution Prevention and Waste Treatment

Cash expenditures for pollution prevention and waste treatment for the Company's current facilities were as follows:

	For the Year Ended December 31,
(in millions)	2010		2009		2008

Recurring costs for pollution prevention and waste treatment	$	34	$	37	$	48
Capital expenditures for pollution prevention and waste treatment		1		3		2
Site remediation costs		2		2		3
Total	$	37	$	42	$	53

Asset Retirement Obligation Activity

The following table provides asset retirement obligation activity:

	For the Year Ended December 31,
(in millions)	2010			2009			2008

Asset retirement obligations as of January 1	$	62		$	67		$	64
Liabilities incurred in the current period		-			4			9
Liabilities settled in the current period		(8	)		(13	)		(9	)
Accretion expense		3			3			3
Other		-			1			-
Asset retirement obligations as of December 31	$	57		$	62		$	67

GUARANTEES (Tables)

12 Months Ended

Dec. 31, 2011

GUARANTEES [Abstract]

Schedule of Product Warranty Obligations

(in millions)

Accrued warranty obligations as of December 31, 2008	$	65
Actual warranty experience during 2009		(92	)
2009 warranty provisions		88
Accrued warranty obligations as of December 31, 2009	$	61
Actual warranty experience during 2010		(72	)
2010 warranty provisions		54
Accrued warranty obligations as of December 31, 2010	$	43

Deferred Revenue in Relation to Extended Warranties

(in millions)

Deferred revenue as of December 31, 2008	$	153
New extended warranty and maintenance arrangements in 2009		413
Recognition of extended warranty and maintenance arrangement revenue in 2009		(436	)
Deferred revenue as of December 31, 2009	$	130
New extended warranty and maintenance arrangements in 2010		438
Recognition of extended warranty and maintenance arrangement revenue in 2010		(438	)
Deferred revenue as of December 31, 2010	$	130

FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2011

FINANCIAL INSTRUMENTS [Abstract]

Schedule of Financial Instruments in Statement of Financial Position Fair Value Carrying Amounts

The following table presents the carrying amounts, estimated fair values, and location in the Consolidated Statement of Financial Position for the Company's financial instruments:

		Assets
(in millions)		December 31, 2010				December 31, 2009
	Balance Sheet Location	Carrying Amount		Fair Value		Carrying Amount		Fair Value

Marketable securities:
Available-for-sale (1)	Other current assets and Other long-term assets	$	10	$	10	$	7	$	7
Held-to-maturity (2)	Other current assets and Other long-term assets		8		8		8		9

Derivatives designated as hedging instruments:
Commodity contracts (1)	Receivables, net		2		2		1		1

Derivatives not designated as hedging instruments:
Foreign exchange contracts (1)	Receivables, net		11		11		7		7
Foreign exchange contracts (1)	Other long-term assets		1		1		-		-


		Liabilities
(in millions)		December 31, 2010				December 31, 2009
	Balance Sheet Location	Carrying Amount		Fair Value		Carrying Amount		Fair Value

Long-term borrowings, net of current portion (2)	Long-term debt, net of current portion	$	1,195	$	1,242	$	1,129	$	1,142

Derivatives not designated as hedging instruments:
Foreign exchange contracts (1)	Other current liabilities		8		8		11		11
Foreign exchange contracts (1)	Other long-term liabilities		-		-		6		6

(1) Recorded at fair value.

(2) Recorded at historical cost.

Foreign Exchange Gain (Loss)

(in millions)	For the Year Ended
	December 31,
	2010			2009			2008
Net gain (loss)	$	(5	)	$	(2	)	$	7

Schedule of Derivative Instruments Gain (Loss) in Statement of Operations

The location and amounts of gains and losses related to derivatives reported in the Consolidated Statement of Operations are shown in the following tables:

Derivatives in Cash Flow Hedging Relationships	Gain (Loss) Recognized in OCI on Derivative (Effective Portion)								Gain (Loss) Reclassified from Accumulated OCI Into Cost of Goods Sold (Effective Portion)								Gain (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
(in millions)	For the Year Ended December 31,								For the Year Ended December 31,								For the Year Ended December 31,
	2010			2009		2008			2010			2009			2008		2010		2009		2008

Commodity contracts	$	6		$	12	$	(16	)	$	10		$	7		$	8	$	-	$	-	$	-
Foreign exchange contracts		(2	)		-		-			(2	)		(2	)		-		-		-		-

Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss) Recognized in Income on Derivative	Gain (Loss) Recognized in Income on Derivative
(in millions)		For the Year Ended December 31,
		2010		2009		2008

Foreign exchange contracts	Other income (charges), net	$	32	$	29	$	(75	)

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 14
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15
-Subparagraph b-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-Subparagraph a, c(1), c(2), c(3), d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph c(2), d, e, f
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 19
-Subparagraph a, b, c(1), d(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13433-108611

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13467-108611

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6947722&loc=d3e13476-108611

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

Other Income and Expenses [Abstract]

OTHER OPERATING EXPENSES (INCOME), NET (Tables)

12 Months Ended

Dec. 31, 2011

Other Operating Expenses (Income), Net

	For the Year Ended December 31,
(in millions)	2010			2009			2008

Expenses (income):
Goodwill impairments (1)	$	626		$	-		$	785
Long-lived asset impairments		-			8			4
Gains related to the sales of assets and businesses (2)		(8	)		(100	)		(25	)
Other		1			4			2
Total	$	619		$	(88	)	$	766

(1)	Refer to Note 5, “Goodwill and Other Intangible Assets,” in the Notes to Financial Statements.

(2)

OTHER INCOME (CHARGES), NET (Tables)

12 Months Ended

Dec. 31, 2011

OTHER INCOME (CHARGES), NET [Abstract]

Other Income (Charges), Net

	For the Year Ended December 31,
(in millions)	2010			2009			2008

Income (charges):
Interest income	$	11		$	12		$	71
(Loss) gain on foreign exchange transactions		(5	)		(2	)		7
Support for an educational institution		-			-			(10	)
Legal settlements		-			19			-
Gain on sale of investee		10			-			-
MUTEC equity method investment impairment		-			-			(4	)
Other		10			1			(9	)
Total	$	26		$	30		$	55

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2011

INCOME TAXES [Abstract]

Components of Earnings (Losses) from Continuing Operations and Tax Provisions (Benefit)

The components of earnings (loss) from continuing operations before income taxes and the related provision (benefit) for U.S. and other income taxes were as follows:

	For the Year Ended December 31,
(in millions)	2010			2009			2008

(Loss) earnings from continuing operations before income taxes:

U.S.	$	(487	)	$	(410	)	$	(382	)
Outside the U.S.		(74	)		293			(492	)
Total	$	(561	)	$	(117	)	$	(874	)

U.S. income taxes:
Current (benefit) provision	$	(2	)	$	8		$	(278	)
Deferred provision (benefit)		2			(7	)		15
Income taxes outside the U.S.:
Current provision		192			113			72
Deferred (benefit) provision		(76	)		-			38
State and other income taxes:
Current (benefit) provision		(2	)		(1	)		7
Deferred provision (benefit)		-			2			(1	)
Total provision (benefit)	$	114		$	115		$	(147	)

Income Tax Provision (Benefit) Reconciliation

The differences between income taxes computed using the U.S. federal income tax rate and the provision (benefit) for income taxes for continuing operations were as follows:

	For the Year Ended December 31,
(in millions)	2010			2009			2008

Amount computed using the statutory rate	$	(196	)	$	(41	)	$	(306	)

Increase (reduction) in taxes resulting from:
State and other income taxes, net of federal		1			1			4
Impact of goodwill impairment		217			-			229
Operations outside the U.S.		140			45			31
Valuation allowance		(46	)		117			146
Tax settlements and adjustments, including interest		3			(4	)		(248	)
Other, net		(5	)		(3	)		(3	)
Provision (benefit) for income taxes	$	114		$	115		$	(147	)

Deferred Tax Assets and Liabilities Significant Components

The significant components of deferred tax assets and liabilities were as follows:

	As of December 31,
(in millions)	2010		2009

Deferred tax assets
Pension and postretirement obligations	$	809	$	803
Restructuring programs		7		16
Foreign tax credit		477		350
Inventories		23		15
Investment tax credit		160		159
Employee deferred compensation		80		91
Depreciation		28		-
Research and development costs		184		146
Tax loss carryforwards		1,181		931
Other deferred revenue		-		32
Other		423		486
Total deferred tax assets	$	3,372	$	3,029

Deferred tax liabilities
Depreciation		-		26
Leasing		47		51
Other deferred debt		15		-
Other		175		143
Total deferred tax liabilities		237		220
Net deferred tax assets before valuation allowance		3,135		2,809
Valuation allowance		2,335		2,092

Net deferred tax assets	$	800	$	717

Components of Deferred Tax Assets Reporting

Deferred tax assets (liabilities) are reported in the following components within the Consolidated Statement of Financial Position:

	As of December 31,
(in millions)	2010			2009

Deferred income taxes (current)	$	120		$	121
Other long-term assets		695			607
Accrued income taxes		(7	)		-
Other long-term liabilities		(8	)		(11	)
Net deferred tax assets	$	800		$	717

Reconciliation of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of the Company's liability for income taxes associated with unrecognized tax benefits is as follows:

(in millions)

	2010			2009			2008

Balance as of January 1	$	256		$	296		$	303
Tax positions related to the current year:
Additions		1			10			54
Tax positions related to prior years:
Additions		-			8			16
Reductions		(11	)		(58	)		(74	)
Settlements with taxing authorities		-			-			(3	)
Lapses in statutes of limitations		(1	)		-			-
Balance as of December 31	$	245		$	256		$	296

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

RESTRUCTURING AND RATIONALIZATION LIABILITIES [Abstract]

RESTRUCTURING AND RATIONALIZATION LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2011

Restructuring and Ongoing Rationalization Reserve Activity

							Long-lived Asset
				Exit			Impairments
	Severance			Costs			and Inventory			Accelerated
(in millions)	Reserve			Reserve			Write-downs			Depreciation			Total

Balance at December 31, 2007		129			35			-			-			164

2008 charges - continuing operations (1)		122			14			16			6			158
2008 reversals - continuing operations		(6	)		(3	)		-			-			(9	)
2008 cash payments/utilization (2)		(111	)		(22	)		(16	)		(6	)		(155	)
2008 other adjustments & reclasses (3)		(25	)		(3	)		-			-			(28	)
Balance at December 31, 2008		109			21			-			-			130

2009 charges - continuing operations (4)		193			27			16			22			258
2009 cash payments/utilization (5)		(154	)		(23	)		(16	)		(22	)		(215	)
2009 other adjustments & reclasses (6)		(80	)		2			-			-			(78	)
Balance at December 31, 2009		68			27			-			-			95

2010 charges - continuing operations (7)		49			14			9			6			78
2010 cash payments/utilization (8)		(67	)		(21	)		(9	)		(6	)		(103	)
2010 other adjustments & reclasses (9)		(28	)		-			-			-			(28	)
Balance at December 31, 2010 (10)	$	22		$	20		$	-		$	-		$	42

(1)	Severance reserve activity includes charges of $139 million, offset by net curtailment gains related to these actions of $17 million.

(2)	During the year ended December 31, 2008, the Company made cash payments of approximately $143 million related to restructuring and rationalization. Of this amount, $133 million was paid out of restructuring liabilities, while $10 million was paid out of Pension and other postretirement liabilities.

(3)

Includes $23 million of severance related charges for pension plan curtailments, settlements, and special termination benefits, which are reflected in Pension and other postretirement liabilities and Other long-term assets in the Consolidated Statement of Financial Position. The remaining amounts are primarily related to foreign currency translation adjustment.

(4)	Severance reserve activity includes charges of $191 million, and net curtailment and settlement losses related to these actions of $2 million.

(5)	During the year ended December 31, 2009, the Company made cash payments of approximately $177 million related to restructuring and rationalization, all of which was paid out of restructuring liabilities.

(6)

(7)	Severance reserve activity includes charges of $49 million.

(8)	During the year ended December 31, 2010, the Company made cash payments of approximately $88 million related to restructuring and rationalization, all of which was paid out of restructuring liabilities.

(9)	Includes $28 million of severance related charges for pension plan curtailments, settlements, and special termination benefits, which are reflected in Pension and other postretirement liabilities and Other long-term assets in the Consolidated Statement of Financial Position.

(10)	The Company expects to utilize the majority of the December 31, 2010 accrual balance in 2011.

RETIREMENT PLANS (Tables)

12 Months Ended

Dec. 31, 2011

Defined Benefit Retirement Plans Disclosure [Abstract]

Information regarding major funded and unfunded defined benefit plan

Information regarding the major funded and unfunded U.S. and Non-U.S. defined benefit plans follows:

(in millions)	2010						2009
	U.S.			Non-U.S.			U.S.			Non-U.S.
Change in Benefit Obligation
Projected benefit obligation at January 1	$	4,842		$	3,527		$	4,602		$	2,958
Acquisitions/divestitures/other transfers		-			-			(1	)		2
Service cost		48			14			52			14
Interest cost		263			177			293			178
Participant contributions		-			3			-			9
Plan amendments		-			45			-			3
Benefit payments		(511	)		(218	)		(663	)		(235	)
Actuarial loss		402			181			500			374
Curtailments		-			(5	)		(19	)		(3	)
Settlements		-			(2	)		-			(1	)
Special termination benefits		27			1			78			5
Currency adjustments		-			(87	)		-			223
Projected benefit obligation at December 31	$	5,071		$	3,636		$	4,842		$	3,527

Change in Plan Assets
Fair value of plan assets at January 1	$	4,758		$	2,502		$	5,098		$	2,317
Acquisitions/divestitures		-			-			-			4
Actual gain on plan assets		592			320			292			151
Employer contributions		22			90			31			88
Participant contributions		-			3			-			9
Settlements		-			(2	)		-			(1	)
Benefit payments		(511	)		(218	)		(663	)		(235	)
Currency adjustments		-			(61	)		-			169
Fair value of plan assets at December 31	$	4,861		$	2,634		$	4,758		$	2,502

Under Funded Status at December 31	$	(210	)	$	(1,002	)	$	(84	)	$	(1,025	)

Accumulated benefit obligation at December 31	$	4,881		$	3,545		$	4,683		$	3,436

Amounts recognized in consolidated statement of financial position

Amounts recognized in the Consolidated Statement of Financial Position for all major funded and unfunded U.S. and Non-U.S. defined benefit plans were as follows:

	As of December 31,
(in millions)	2010						2009
	U.S.			Non-U.S.			U.S.			Non-U.S.

Other long-term assets	$	18		$	21		$	131		$	15
Accounts payable and other current liabilities		(19	)		-			(21	)		-
Pension and other postretirement liabilities		(209	)		(1,023	)		(194	)		(1,040	)
Net amount recognized	$	(210	)	$	(1,002	)	$	(84	)	$	(1,025	)

Information with respect to major funded and unfunded defined benefit plans with accumulated benefit obligation in excess of plan assets

Information with respect to the major funded and unfunded U.S. and Non-U.S. defined benefit plans with an accumulated benefit obligation in excess of plan assets follows:

	As of December 31,
(in millions)	2010				2009
	U.S.		Non-U.S.		U.S.		Non-U.S.

Projected benefit obligation	$	383	$	3,210	$	351	$	2,660
Accumulated benefit obligation		378		3,124		349		2,594
Fair value of plan assets		154		2,187		136		1,631

Amounts recognized in accumulated other comprehensive loss for all major funded and unfunded defined benefit plans

Amounts recognized in Accumulated other comprehensive loss for all major funded and unfunded U.S. and Non-U.S. defined benefit plans consisted of:

	As of December 31,
(in millions)	2010				2009
	U.S.		Non-U.S.		U.S.		Non-U.S.

Prior service cost (credit)	$	7	$	38	$	8	$	(3	)
Net actuarial loss		1,790		1,423		1,509		1,406
Total	$	1,797	$	1,461	$	1,517	$	1,403

Changes in plan assets and benefit recognized in other comprehensive income (loss)

Changes in plan assets and benefit obligations recognized in other comprehensive income (loss) during 2010 for all major funded and unfunded U.S. and Non-U.S. defined benefit plans follows:

	2010						2009
(in millions)	U.S.			Non-U.S.			U.S.			Non-U.S.

Newly established loss	$	286		$	71		$	695		$	429
Newly established prior service cost		-			42			-			2
Amortization of:
Prior service cost		(1	)		(1	)		(2	)		-
Net actuarial loss		(5	)		(37	)		(5	)		(13	)
Prior service cost recognized due to curtailment		-			1			(1	)		-
Net curtailment gain not recognized in expense		-			-			(19	)		(3	)
Net loss recognized in expense due to settlements		-			(1	)		-			(4	)
Transfers		-			2			-			-
Total amount recognized in Other comprehensive loss	$	280		$	77		$	668		$	411

Pension (income) expense from continuing operations for all defined benefit plans

Pension (income) expense from continuing operations for all defined benefit plans included:

	For the Year Ended December 31,
(in millions)	2010						2009						2008
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Major defined benefit plans:
Service cost	$	48		$	14		$	52		$	14		$	54		$	19
Interest cost		263			177			293			178			307			215
Expected return on plan assets		(475	)		(210	)		(486	)		(206	)		(545	)		(257	)
Amortization of:
Prior service cost		1			1			2			-			1			-
Actuarial loss		5			37			5			13			4			47
Pension (income) expense before special termination benefits, curtailments and settlements		(158	)		19			(134	)		(1	)		(179	)		24

Special termination benefits		27			1			78			5			36			4
Curtailment gains		-			(7	)		-			(1	)		(13	)		(4	)
Settlement losses		-			1			-			1			-			-
Net pension (income) expense for major defined benefit plans		(131	)		14			(56	)		4			(156	)		24
Other plans including unfunded plans		-			11			-			6			-			11
Net pension (income) expense from continuing operations	$	(131	)	$	25		$	(56	)	$	10		$	(156	)	$	35

Weighted-average assumptions used to determine benefit obligation amounts

The weighted-average assumptions used to determine the benefit obligation amounts as of the end of the year for all major funded and unfunded U.S. and Non-U.S. defined benefit plans were as follows:

	As of December 31,
	2010						2009
	U.S.			Non-U.S.			U.S.			Non-U.S.

Discount rate		5.24	%		4.92	%		5.75	%		5.40	%
Salary increase rate		3.81	%		3.88	%		3.89	%		3.87	%

Weighted-average assumptions used to determine net pension (income) expenses

The weighted-average assumptions used to determine net pension (income) expense for all the major funded and unfunded U.S. and Non-U.S. defined benefit plans were as follows:

	For the Year Ended December 31,
	2010						2009						2008
	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.

Discount rate		5.75	%		5.17	%		6.76	%		5.90	%		6.52	%		5.75	%
Salary increase rate		3.88	%		3.87	%		3.99	%		3.45	%		4.51	%		3.93	%
Expected long-term rate of return on plan assets		8.73	%		7.76	%		8.49	%		7.30	%		8.99	%		7.74	%

Weighted-average asset allocation by assets category

The Company's weighted-average asset allocations for its major U.S. defined benefit pension plans, by asset category, are as follows:

	As of December 31,
Asset Category	2010			2009			2010 Target

Equity securities		20	%		21	%		18%-27	%
Debt securities		45	%		45	%		41%-47	%
Real estate		5	%		6	%		4%-10	%
Cash		3	%		2	%		0%-3	%
Other		27	%		26	%		24%-30	%
Total		100	%		100	%

The Company's weighted-average asset allocations for its major non-U.S. defined benefit pension plans, by asset category are as follows:

	As of December 31,
Asset Category	2010			2009			2010 Target

Equity securities		19	%		15	%		12%-19	%
Debt securities		43	%		46	%		44%-52	%
Real estate		3	%		4	%		0%-9	%
Cash		7	%		4	%		0%-6	%
Other		28	%		31	%		27%-37	%
Total		100	%		100	%

The Other asset category in the tables above is primarily composed of private equity, venture capital, and other investments.

Fair value measurement of plan assets

Fair Value Measurements

The Company's asset allocations by level within the fair value hierarchy at December 31, 2010 and 2009 are presented in the tables below for the Company's major defined benefit plans. The Company's plan assets were accounted for at fair value and are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company's assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of fair value of assets and their placement within the fair value hierarchy levels.

Major U.S. Plans

December 31, 2010

(in millions)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Total

Cash and cash equivalents	$	-	$	126		$	-	$	126

Equity Securities		436		534			19		989

Debt Securities:
Government Bonds		-		749			-		749
Inflation-Linked Bonds		-		667			221		888
Investment Grade Bonds		-		409			-		409
Global High Yield & Emerging Market Debt		-		122			-		122

Other:
Absolute Return		-		287			-		287
Real Estate		-		-			240		240
Private Equity		-		-			1,063		1,063
Derivatives with unrealized gains		7		7			-		14
Derivatives with unrealized losses		-		(26	)		-		(26	)
	$	443	$	2,875		$	1,543	$	4,861

Major U.S. Plans

December 31, 2009

(in millions)	Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Total

Cash and cash equivalents	$	-		$	82		$	-	$	82

Equity Securities		260			732			7		999

Debt Securities:
Government Bonds		-			799			-		799
Inflation-Linked Bonds		-			648			172		820
Investment Grade Bonds		-			370			-		370
Global High Yield & Emerging Market Debt		-			144			-		144

Other:
Absolute Return		-			328			-		328
Real Estate		-			-			293		293
Private Equity		-			-			958		958
Insurance Contracts		-			2			-		2
Derivatives with unrealized gains		-			2			-		2
Derivatives with unrealized losses		(1	)		(38	)		-		(39	)
	$	259		$	3,069		$	1,430	$	4,758

Major Non-U.S. Plans

December 31, 2010

(in millions)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Total

Cash and cash equivalents	$	-	$	173		$	-	$	173

Equity securities		77		420			-		497

Debt securities:
Government Bonds		-		413			-		413
Inflation-Linked Bonds		-		338			65		403
Investment Grade Bonds		-		111			-		111
Global High Yield & Emerging Market Debt		-		203			-		203

Other:
Absolute Return		-		76			-		76
Real Estate		-		4			77		81
Private Equity		-		2			301		303
Insurance Contracts		-		378			-		378
Derivatives with unrealized gains		1		3			-		4
Derivatives with unrealized losses		-		(8	)		-		(8	)
	$	78	$	2,113		$	443	$	2,634

Major Non-U.S. Plans

December 31, 2009

(in millions)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Total

Cash and cash equivalents	$	-	$	98		$	-	$	98

Equity securities		71		312			-		383

Debt securities:
Government Bonds		-		526			-		526
Inflation-Linked Bonds		-		290			57		347
Investment Grade Bonds		-		107			-		107
Global High Yield & Emerging Market Debt		-		180			-		180

Other:
Absolute Return		-		78			-		78
Real Estate		-		4			99		103
Private Equity		-		2			242		244
Insurance Contracts		-		448			-		448
Derivatives with unrealized gains		-		3			-		3
Derivatives with unrealized losses		-		(15	)		-		(15	)
	$	71	$	2,033		$	398	$	2,502

Reconciliation of beginning and ending balances of assets measured with significant unobservable inputs

The following is a reconciliation of the beginning and ending balances of level 3 assets of the Company's major U.S. defined benefit pension plans (in millions):

	U.S.
	Balance at January 1, 2010		Net Realized and Unrealized Gains/(Losses)			Net Purchases and Sales			Net Transfer Into/(Out of) Level 3		Balance at December 31, 2010

Equity Securities	$	7	$	5		$	7		$	-	$	19
Inflation-Linked Bonds		172		49			-			-		221
Private Equity		958		135			(30	)		-		1,063
Real Estate		293		(34	)		(19	)		-		240
Total	$	1,430	$	155		$	(42	)	$	-	$	1,543

	U.S.
	Balance at January 1, 2009		Net Realized and Unrealized Gains/(Losses)			Net Purchases and Sales			Net Transfer Into/(Out of) Level 3		Balance at December 31, 2009

Equity Securities	$	5	$	2		$	-		$	-	$	7
Inflations-Linked Bonds		228		32			(88	)		-		172
Private Equity		926		(5	)		37			-		958
Real Estate		310		(36	)		19			-		293
Total	$	1,469	$	(7	)	$	(32	)	$	-	$	1,430

The following is a reconciliation of the beginning and ending balances of level 3 assets of the Company's major Non-U.S. defined benefit pension plans (in millions):

	Non-U.S.
	Balance at January 1, 2010		Net Realized and Unrealized Gains/(Losses)			Net Purchases and Sales			Net Transfer Into/(Out of) Level 3		Balance at December 31, 2010

Inflation-Linked Bonds	$	57	$	8		$	-		$	-	$	65
Private Equity		242		32			27			-		301
Real Estate		99		(13	)		(9	)		-		77
Total	$	398	$	27		$	18		$	-	$	443

	Non-U.S.
	Balance at January 1, 2009		Net Realized and Unrealized Gains/(Losses)			Net Purchases and Sales			Net Transfer Into/(Out of) Level 3		Balance at December 31, 2009

Inflation-Linked Bonds	$	41	$	16		$	-		$	-	$	57
Private Equity		223		(5	)		24			-		242
Real Estate		140		(15	)		(26	)		-		99
Total	$	404	$	(4	)	$	(2	)	$	-	$	398

The Company expects to contribute approximately $21 million and $89 million in 2011 for U.S. and Non-U.S. defined benefit pension plans, respectively.

Pension benefit payments which reflects future services expected to be paid from the plans

The following pension benefit payments, which reflect expected future service, are expected to be paid from the plans:


(in millions)	U.S.		Non-U.S.
2011	$	446	$	209
2012		417		206
2013		425		204
2014		404		202
2015		399		199
2016-2020		1,924		993

OTHER POSTRETIREMENT BENEFITS (Tables)

12 Months Ended

Dec. 31, 2011

OTHER POSTRETIREMENT BENEFITS [Abstract]

Changes in company's benefit obligation and funded status

Changes in the Company's benefit obligation and funded status for the U.S., United Kingdom and Canada other postretirement benefit plans were as follows:

(in millions)	2010			2009

Net benefit obligation at beginning of year	$	1,404		$	1,471
Service cost		1			1
Interest cost		72			92
Plan participants' contributions		9			25
Plan amendments		(29	)		(118	)
Actuarial loss		95			111
Curtailments		-			3
Benefit payments		(168	)		(192	)
Currency adjustments		2			11
Net benefit obligation at end of year	$	1,386		$	1,404

Underfunded status at end of year	$	(1,386	)	$	(1,404	)

Amounts recognized in the consolidated statement of financial position

Amounts recognized in the Consolidated Statement of Financial Position for the Company's U.S., United Kingdom, and Canada plans consisted of:

	As of December 31,
(in millions)	2010			2009

Other current liabilities	$	(133	)	$	(147	)
Pension and other postretirement liabilities		(1,253	)		(1,257	)
	$	(1,386	)	$	(1,404	)

Amounts recognized in accumulated other comprehensive loss

Amounts recognized in Accumulated other comprehensive loss for the Company's U.S., United Kingdom, and Canada plans consisted of:

	As of December 31,
(in millions)	2010			2009

Prior service credit	$	829		$	875
Net actuarial loss		(535	)		(468	)
	$	294		$	407

Changes in benefit obligation recognized in other comprehensive income (loss)

Changes in benefit obligations recognized in other comprehensive loss during 2010 for the Company's U.S., United Kingdom, and Canada plans follows:

(in millions)	As of December 31,
	2010			2009
Newly established loss	$	95		$	111
Newly established prior service credit		(29	)		(118	)
Amortization of:
Prior service credit		76			71
Net loss		(28	)		(22	)
Prior service credit recognized due to curtailment		-			2
Total amount recognized in Other comprehensive loss	$	114		$	44

Other post retirement benefit cost from continuing operations

Other postretirement benefit cost from continuing operations for the Company's U.S., United Kingdom and Canada plans included:

	For the Year Ended December 31,
(in millions)	2010			2009			2008

Components of net postretirement benefit cost:
Service cost	$	1		$	1		$	4
Interest cost		72			92			136
Amortization of:
Prior service credit		(76	)		(71	)		(53	)
Actuarial loss		28			22			17
Other postretirement benefit cost before curtailments and settlements		25			44			104
Curtailment losses (gains)		-			1			(86	)
Settlement gains		-			-			(2	)
Net other postretirement benefit cost from continuing operations	$	25		$	45		$	16

Weighted-average assumptions used to determine the net benefit obligations

The weighted-average assumptions used to determine the net benefit obligations were as follows:

	As of December 31,
	2010			2009
Discount rate		5.03	%		5.54	%
Salary increase rate		3.84	%		3.90	%

Weighted-average assumption used to determine net postretirement benefit cost

The weighted-average assumptions used to determine the net postretirement benefit cost were as follows:

	For the Year Ended December 31,
	2010			2009			2008
Discount rate		5.93	%		6.59	%		7.23	%
Salary increase rate		3.90	%		3.96	%		4.48	%

Weighted-average assumed healthcare cost trend rates used to compute other postretirement amounts [Abstract]

The weighted-average assumed healthcare cost trend rates used to compute the other postretirement amounts were as follows:

	2010			2009
Healthcare cost trend		7.50	%		8.00	%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		5.00	%		5.00	%
Year that the rate reaches the ultimate trend rate		2016			2013

Effect of one-percentage point change in assumed healthcare cost trend rates

A one-percentage point change in assumed healthcare cost trend rates would have the following effects:

(in millions)	1% increase		1% decrease
Effect on total service and interest cost	$	2	$	(1	)
Effect on postretirement benefit obligation		29		(25	)

Other postretirement benefits which reflects expected future services expected to be paid

The following other postretirement benefits, which reflect expected future service, are expected to be paid:

(in millions)
2011	$	133
2012		132
2013		121
2014		116
2015		111
2016-2020		492

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)

12 Months Ended

Dec. 31, 2011

ACCUMULATED OTHER COMPREHENSIVE (LOSS) [Abstract]

Components of accumulated other comprehensive (loss)

The components of Accumulated other comprehensive (loss) income, net of tax, were as follows:

	As of December 31,
(in millions)	2010			2009			2008
Realized and unrealized gains (losses) from hedging activity, net of tax	$	2		$	6		$	(6	)
Currency translation adjustments		315			235			231
Pension and other postretirement benefit plan obligation activity, net of tax		(2,452	)		(2,001	)		(974	)
Total	$	(2,135	)	$	(1,760	)	$	(749	)

STOCK OPTION AND COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2011

STOCK OPTION AND COMPENSATION PLANS [Abstract]

Summary of stock option activity

Further information relating to stock options is as follows:

	Shares				Weighted-Average
	Under		Range of Price		Exercise
(Amounts in thousands, except per share amounts)	Option		Per Share		Price Per Share

Outstanding on December 31, 2007		30,893	$	20.12 - $87.59	$	39.70
Granted		2,813	$	7.41 - $18.55	$	7.60
Exercised		0		N/A		N/A
Terminated, Expired, Surrendered		8,499	$	20.12 - $87.59	$	52.78
Outstanding on December 31, 2008		25,207	$	7.41 - $79.63	$	31.71
Granted		1,229	$	2.64 - $6.76	$	4.61
Exercised		0		N/A		N/A
Terminated, Expired, Surrendered		2,916	$	7.41 - $79.63	$	45.73
Outstanding on December 31, 2009		23,520	$	2.64 - $65.91	$	28.55
Granted		300	$	3.96 - $5.96	$	4.17
Exercised		0		N/A		N/A
Terminated, Expired, Surrendered		5,790	$	7.41 - $65.91	$	37.68
Outstanding on December 31, 2010		18,030	$	2.64 - $48.34	$	25.22

Exercisable on December 31, 2008		20,772	$	21.93 - $79.63	$	35.56
Exercisable on December 31, 2009		20,018	$	7.41 - $65.91	$	31.96
Exercisable on December 31, 2010		16,036	$	2.64 - $48.34	$	27.64

Stock options activity by exercise price range

The following table summarizes information about stock options as of December 31, 2010:

(Number of options in thousands)

					Options Outstanding						Options Exercisable
Range of Exercise							Weighted-Average
Prices							Remaining
At			Less				Contractual Life		Weighted-Average				Weighted-Average
Least			Than		Options		(Years)		Exercise Price		Options		Exercise Price
$	2	-	$	20		4,075		5.02	$	6.46		2,081	$	7.18
$	20	-	$	30		5,053		2.12	$	25.41		5,053	$	25.41
$	30	-	$	40		8,347		1.18	$	33.16		8,347	$	33.16
$	40	-	$	50		555		0.08	$	41.65		555	$	41.65
						18,030						16,036

Share-based payment award, stock options, valuation assumptions

The Black-Scholes option pricing model was used with the following weighted-average assumptions for options issued in each year:

	For the Year Ended
	2010			2009			2008

Weighted-average risk-free interest rate		1.50	%		2.63	%		1.83	%
Risk-free interest rates		1.5% - 2.9	%		1.9% - 2.7	%		1.8% - 2.9	%
Weighted-average expected option lives	6 years			6 years			6 years
Expected option lives	6 years			6 years			4 - 6 years
Weighted-average volatility		57	%		45	%		32	%
Expected volatilities		45% - 58	%		45	%		30% - 32	%
Weighted-average expected dividend yield		0.0	%		0.4	%		7.4	%
Expected dividend yields		0.0	%		0.0% - 7.1	%		3.1% - 7.4	%

DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2011

DISCONTINUED OPERATIONS [Abstract]

Schedule of components of earnings from discontinued operation

The components of earnings from discontinued operations, net of income taxes, are as follows:

	For the Year Ended December 31,
(in millions)	2010			2009		2008

(Provision) benefit for income taxes related to discontinued operations	$	(10	)	$	8	$	288
All other items, net		(2	)		9		(3	)
(Loss) earnings from discontinued operations, net of income taxes	$	(12	)	$	17	$	285

SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2011

SEGMENT INFORMATION [Abstract]

Reconciliation of Net Sales from Continuing Operations from Segments to Consolidated Total

Segment financial information is shown below.

	For the Year Ended December 31,
(in millions)	2010		2009		2008

Net sales from continuing operations:
Consumer Digital Imaging Group	$	2,739	$	2,619	$	3,088
Graphic Communications Group		2,681		2,726		3,334
Film, Photofinishing and Entertainment Group		1,767		2,257		2,987
All Other		-		4		7
Consolidated total	$	7,187	$	7,606	$	9,416

Reconciliation of Earnings (loss) from Continuing Operations from Segments to Consolidated

	For the Year Ended December 31,
(in millions)	2010			2009			2008

Net sales from continuing operations:
Consumer Digital Imaging Group	$	2,739		$	2,619		$	3,088
Graphic Communications Group		2,681			2,726			3,334
Film, Photofinishing and Entertainment Group		1,767			2,257			2,987
All Other		-			4			7
Consolidated total	$	7,187		$	7,606		$	9,416

Earnings (loss) from continuing operations before interest expense, other income (charges), net and income taxes:
Consumer Digital Imaging Group	$	331		$	35		$	(177	)
Graphic Communications Group		(26	)		(42	)		31
Film, Photofinishing and Entertainment Group		64			159			196
All Other		-			(13	)		(17	)
Total		369			139			33
Restructuring costs, rationalization and other		(78	)		(258	)		(149	)
Postemployment benefit changes		-			-			94
Other operating (expenses) income, net		(619	)		88			(766	)
Adjustments to contingencies and legal reserves/settlements		(8	)		3			(33	)
Interest expense		(149	)		(119	)		(108	)
Loss on early extinguishment of debt		(102	)		-			-
Other income (charges), net		26			30			55
Consolidated loss from continuing operations before income taxes	$	(561	)	$	(117	)	$	(874	)

Reconciliation of Total Assets from Segments to Consolidated Total

	As of December 31,
(in millions)	2011		2010		2009
Property, plant and equipment, net located in :
The United States	$	554	$	664	$	819
Europe, Middle East and Africa	$	158	$	189	$	219
Asia Pacific		143		144		159
Canada and Latin America		40		40		57
Foreign countries total	$	341	$	373	$	435
Consolidated total

Reconciliation of Other Significant Items from Segments to Consolidated Total

	For the Year Ended December 31,
(in millions)	2010		2009		2008
Intangible asset amortization expense from continuing operations:
Consumer Digital Imaging Group	$	-	$	-	$	5
Graphic Communications Group		58		71		73
Film, Photofinishing and Entertainment Group		2		2		2
Consolidated total	$	60	$	73	$	80

Depreciation expense from continuing operations:
Consumer Digital Imaging Group	$	89	$	86	$	100
Graphic Communications Group		85		94		120
Film, Photofinishing and Entertainment Group		136		151		191
All Other		2		1		3
Sub-total		312		332		414
Restructuring-related depreciation		6		22		6
Consolidated total	$	318	$	354	$	420

Capital additions from continuing operations:
Consumer Digital Imaging Group	$	59	$	61	$	96
Graphic Communications Group		64		67		118
Film, Photofinishing and Entertainment Group		26		23		40
All Other		-		1		-
Consolidated total	$	149	$	152	$	254

Net sales to external customers attributed to (1):
The United States	$	3,104	$	3,083	$	3,834
Europe, Middle East and Africa	$	2,039	$	2,358	$	3,089
Asia Pacific		1,240		1,298		1,500
Canada and Latin America		804		867		993
Foreign countries total	$	4,083	$	4,523	$	5,582
Consolidated total	$	7,187	$	7,606	$	9,416

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

	As of December 31,
(in millions)	2011		2010		2009
Property, plant and equipment, net located in :
The United States	$	554	$	664	$	819
Europe, Middle East and Africa	$	158	$	189	$	219
Asia Pacific		143		144		159
Canada and Latin America		40		40		57
Foreign countries total	$	341	$	373	$	435
Consolidated total	$	895	$	1,037	$	1,254

QUARTERLY SALES AND EARNINGS DATA UNAUDITED (Tables)

12 Months Ended

Dec. 31, 2011

QUARTERLY SALES AND EARNINGS DATA - UNAUDITED [Abstract]

Quarterly Sales and Earnings Data

(in millions, except per share data)	4th Qtr.			3rd Qtr.			2nd Qtr.			1st Qtr.

2010
Net sales from continuing operations	$	1,927		$	1,758		$	1,569		$	1,933
Gross profit from continuing operations		377			476			303			795
(Loss) earnings from continuing operations		(584	)(4)		(43	)(3)		(167	)(2)		119	(1)
Loss from discontinued operations (9)		(11	)		-			(1	)		-
Net (loss) earnings		(595	)		(43	)		(168	)		119
Less: Net earnings attributable to noncontrolling interests		-			-			-			-
Net (loss) earnings attributable to Eastman Kodak Company		(595	)		(43	)		(168	)		119
Basic net (loss) earnings per share attributable to Eastman Kodak Company common shareholders (11)
Continuing operations		(2.17	)		(0.16	)		(0.62	)		0.44
Discontinued operations		(0.05	)		-			(0.01	)		-
Total		(2.22	)		(0.16	)		(0.63	)		0.44

Diluted net (loss) earnings per share attributable to Eastman Kodak Company common shareholders (11)
Continuing operations		(2.17	)		(0.16	)		(0.62	)		0.40
Discontinued operations		(0.05	)		-			(0.01	)		-
Total		(2.22	)		(0.16	)		(0.63	)		0.40

2009
Net sales from continuing operations	$	2,582		$	1,781		$	1,766		$	1,477
Gross profit from continuing operations		887			361			326			194
Earnings (loss) from continuing operations		430	(8)		(111	)(7)		(191	)(6)		(360	)(5)
Earnings (loss) from discontinued operations (9)		14			-			(4	)		7
Extraordinary item, net of tax (10)		-			-			6			-
Net earnings (loss)		444			(111	)		(189	)		(353	)
Less: Net earnings attributable to noncontrolling interests		(1	)		-			-			-
Net earnings (loss) attributable to Eastman Kodak Company		443			(111	)		(189	)		(353	)
Basic net earnings (loss) per share attributable to Eastman Kodak Company common shareholders (11)
Continuing operations		1.60			(0.41	)		(0.71	)		(1.34	)
Discontinued operations		0.05			-			(0.01	)		0.02
Extraordinary item		-			-			0.02			-
Total		1.65			(0.41	)		(0.70	)		(1.32	)

Diluted net earnings (loss) per share attributable to Eastman Kodak Company common shareholders (11)
Continuing operations		1.36			(0.41	)		(0.71	)		(1.34	)
Discontinued operations		0.04			-			(0.01	)		0.02
Extraordinary item		-			-			0.02			-
Total		1.40			(0.41	)		(0.70	)		(1.32	)

(footnotes on next page)

(1)

(2)

(3)

(4)

(5)

Includes pre-tax restructuring and rationalization charges of $116 million ($7 million included in Cost of sales and $109 million included in Restructuring costs, rationalization and other), which increased net loss from continuing operations by $108 million; a pre-tax legal contingency of $5 million (included in Cost of sales), which increased net loss from continuing operations by $5 million; a pre-tax loss on asset sales of $4 million (included in Other operating expenses (income), net), which increased net loss from continuing operations by $4 million; and other discrete tax items, which reduced net loss from continuing operations by $12 million.

(6)

Includes pre-tax restructuring and rationalization charges of $46 million ($9 million included in Cost of sales and $37 million included in Restructuring costs, rationalization and other), which increased net loss from continuing operations by $42 million; a pre-tax reversal of negative goodwill of $7 million (included in Research and development costs), which reduced net loss from continuing operations by $7 million; a pre-tax reversal of a value-added tax reserve of $5 million (included in Interest expense, and Other income (charges), net), which reduced net loss from continuing operations by $5 million; and other discrete tax items, which increased net loss from continuing operations by $45 million.

(7)

Includes pre-tax restructuring and rationalization charges of $35 million ($2 million included in Cost of sales and $33 million included in Restructuring, rationalization and other), which increased net loss from continuing operations by $32 million; a pre-tax loss on asset sales of $10 million (included in Other operating expenses (income), net), which increased net loss from continuing operations by $10 million; and other discrete tax items, which increased net loss from continuing operations by $6 million.

(8)

Includes pre-tax restructuring and rationalization charges of $61 million ($14 million included in Cost of sales and $47 million included in Restructuring, rationalization and other), which reduced net earnings from continuing operations by $55 million; a pre-tax asset impairment charge of $6 million (included in Other operating (income) expenses, net), which reduced net earnings from continuing operations by $6 million; pre-tax gains on sales of assets of $107 million, which increased net earnings from continuing operations by $107 million; a pre-tax reversal of a value-added tax reserve of $4 million ($2 million included in Cost of sales, $1 million in Interest expense, and $1 million in Other income (charges), net), which increased net earnings from continuing operations by $4 million; and other discrete tax items, which increased net earnings from continuing operations by $40 million.

(9)	Refer to Note 22, “Discontinued Operations,” in the Notes to Financial Statements for a discussion regarding earnings (loss) from discontinued operations.

(10)	Refer to Note 23, “Extraordinary Item,” in the Notes to Financial Statements.

(11)	Each quarter is calculated as a discrete period and the sum of the four quarters may not equal the full year amount. The Company's diluted net earnings (loss) per share in the above table may include the effect of convertible debt instruments.

SIGNIFICANT ACCOUNTING POLICIES (Details)
$ / shares in Units, $ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2010

$ / shares

^[1]

Sep. 30, 2010

$ / shares

^[1]

Jun. 30, 2010

$ / shares

^[1]

Mar. 31, 2010

$ / shares

^[1]

Dec. 31, 2011

USD ($)

$ / shares

Dec. 31, 2010

USD ($)

Dec. 31, 2009

USD ($)

Pre-tax goodwill impairment charges

$ 8

$ 626

Advertising expense

$ 206

$ 301

$ 271

Weighted-average basic shares outstanding (in shares) | shares

269.1

268.5

268.0

Unvested share-based awards | shares

0.4

2.7

0.5

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

Employee stock options and Warrants to purchase common shares | shares

53.6

58.0

63.5

Reduction in depreciation expense

$ 38

Property, Plant and Equipment, Estimated Useful Lives lower range

2012

Property, Plant and Equipment, Estimated Useful Lives upper range

2017

2013

Income (Loss) from Continuing Operations Attributable to Parent

$ 32

Fully-diluted earnings per share basis | $ / shares

$ (2.21)

$ (0.16)

$ (0.63)

$ 0.40

$ 0.12

Depreciation expense recognized in Cost of sales

$ 32

Building and Building Improvements [Member]

Property, plant and Equipment, useful life minimum (in years)

Property, plant and Equipment, useful life maximum (in years)

Land Improvements [Member]

Property, plant and Equipment, useful life minimum (in years)

Property, plant and Equipment, useful life maximum (in years)

Leasehold Improvements [Member]

Property, plant and Equipment, useful life minimum (in years)

Property, plant and Equipment, useful life maximum (in years)

Equipment [Member]

Property, plant and Equipment, useful life minimum (in years)

Property, plant and Equipment, useful life maximum (in years)

Tools, Dies and Molds [Member]

Property, plant and Equipment, useful life minimum (in years)

Property, plant and Equipment, useful life maximum (in years)

Furniture and Fixtures [Member]

Property, plant and Equipment, useful life minimum (in years)

Property, plant and Equipment, useful life maximum (in years)

Stock Options [Member]

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

Employee stock options and Warrants to purchase common shares | shares

13.6

18.0

23.5

Warrants [Member]

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

Employee stock options and Warrants to purchase common shares | shares

40.0

Convertible Debt Securities [Member]

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

$ 315

[1]	Each quarter is calculated as a discrete period and the sum of the four quarters may not equal the full year amount. The Company's diluted net (loss) earnings per share in the above table may include the effect of convertible debt instruments.

RECEIVABLES, NET (Details) - USD ($) $ in Millions	Dec. 31, 2011	Dec. 31, 2010
RECEIVABLES, NET [Abstract]
Trade receivables	$ 996	$ 1,074
Miscellaneous receivables	107	122
Total	1,103	1,196
Allowances	51	77
Expected customer settlements in lieu of cash payments	$ 191	$ 224

INVENTORIES, NET (Details) - USD ($) $ in Millions	Dec. 31, 2011	Dec. 31, 2010
INVENTORIES, NET [Abstract]
Finished goods	$ 379	$ 471
Work in process	123	154
Raw materials	105	121
Total	$ 607	$ 746

PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	$ 5,485	$ 6,022
Accumulated Depreciation	(4,590)	(4,985)
Net Properties	895	1,037	$ 1,254
Depreciation expense	253	318	354
Accelerated depreciation in connection with restructuring	10	6	$ 22
Land [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	44	43
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	1,339	1,413
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	4,042	4,494
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	$ 60	$ 72

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) $ in Millions	12 Months Ended
	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2009 USD ($)
Goodwill [Roll Forward]
Goodwill (Gross) Beginning Balance	$ 1,697	$ 1,692
Accumulated impairment losses Beginning Balance	(1,403)	(785)
Goodwill (Net) Beginning Balance	294	907
Impairment	(8)	(618)
Divesiture	(10)
Currency translation adjustments	1	5
Goodwill (Gross) Ending Balance	1,688	1,697	$ 1,692
Accumulated impairment losses Ending Balance	(1,411)	(1,403)	(785)
Goodwill (Net) Ending Balance	277	294	907
Intangible assets [Abstract]
Gross Carrying Amount	385	453
Accumulated Amortization	298	329
Net	$ 87	$ 124
Weighted-Average Amortization period (in years)	9	10
Amortization expense	$ 41	$ 60	73
Schedule of purchased intangible assets expense, current and succeeding five fiscal years [Abstract]
2012	27
2013	14
2014	11
2015	10
2016	10
2017 and thereafter	15
Total	87
Consumer Digital Imaging Group [Member]
Goodwill [Roll Forward]
Goodwill (Gross) Beginning Balance	201	195
Accumulated impairment losses Beginning Balance	0	0
Goodwill (Net) Beginning Balance	201	195
Impairment	0	0
Divesiture	(6)
Currency translation adjustments	2	6
Goodwill (Gross) Ending Balance	197	201	195
Accumulated impairment losses Ending Balance	0	0	0
Goodwill (Net) Ending Balance	197	201	195
Graphic Communications Group [Member]
Goodwill [Roll Forward]
Goodwill (Gross) Beginning Balance	870	879
Accumulated impairment losses Beginning Balance	(777)	(785)
Goodwill (Net) Beginning Balance	93	94
Impairment	(8)	8
Divesiture	(4)
Currency translation adjustments	(1)	(9)
Goodwill (Gross) Ending Balance	865	870	879
Accumulated impairment losses Ending Balance	(785)	(777)	(785)
Goodwill (Net) Ending Balance	80	93	94
Film, Photofinishing and Entertainment Group [Member]
Goodwill [Roll Forward]
Goodwill (Gross) Beginning Balance	626	618
Accumulated impairment losses Beginning Balance	(626)	0
Goodwill (Net) Beginning Balance	0	618
Impairment	0	(626)
Divesiture	0
Currency translation adjustments	0	8
Goodwill (Gross) Ending Balance	626	626	618
Accumulated impairment losses Ending Balance	(626)	(626)	0
Goodwill (Net) Ending Balance	0	0	$ 618
Technology based [Member]
Intangible assets [Abstract]
Gross Carrying Amount	146	168
Accumulated Amortization	133	135
Net	$ 13	$ 33
Weighted-Average Amortization period (in years)	7	7
Customer related [Member]
Intangible assets [Abstract]
Gross Carrying Amount	$ 223	$ 256
Accumulated Amortization	157	177
Net	$ 66	$ 79
Weighted-Average Amortization period (in years)	10	11
Other Intangible Assets [Member]
Intangible assets [Abstract]
Gross Carrying Amount	$ 16	$ 29
Accumulated Amortization	8	17
Net	$ 8	$ 12
Weighted-Average Amortization period (in years)	18	14

OTHER LONG-TERM ASSETS (Details) - USD ($) $ in Millions	Dec. 31, 2011	Dec. 31, 2010
OTHER LONG-TERM ASSETS [Abstract]
Deferred income taxes, net of valuation allowance	$ 452	$ 695
Intangible assets	87	124
Other	264	290
Total Other Long Term Assets	$ 803	$ 1,109
Other miscellaneous long-term assets individual percentage of total assets, maximum (in hundredths)	5.00%

OTHER CURRENT LIABILITIES (Details) - USD ($) $ in Millions	Dec. 31, 2011	Dec. 31, 2010
OTHER CURRENT LIABILITIES [Abstract]
Accrued employment-related liabilities	$ 359	$ 420
Accrued customer rebates, advertising and promotional expenses	245	322
Deferred revenue	169	165
Accrued restructuring liabilities	60	42
Other	419	519
Total	$ 1,252	$ 1,468
Other miscellaneous current liabilities individual percentage of total current liabilities, Maximum (in hundredths)	5.00%

Carrying value as of the balance sheet date of obligations incurred through that date and payable for advertising of the entity's goods and services. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Current Liabilities
-URI http://asc.fasb.org/extlink&oid=6509677

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6935-107765

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.20)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6911-107765

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e7054-107765

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Carrying amount as of the balance sheet date of known and estimated obligations associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, which are expected to be paid in the next twelve months or in the normal operating cycle if longer. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, relocating employees, and costs associated with an ongoing benefit arrangement, but excludes costs associated with the retirement of a long-lived asset.

Derivative Financial Instruments [Abstract]

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2011	Mar. 31, 2010	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Debt Instrument [Line Items]
Long-Term Debt, Total			$ 1,515	$ 1,245
Current portion of long-term debt			(152)	(50)
Long-Term debt, net of current portion			$ 1,363	1,195
Issuance date of debt			2010-03-05
Aggregate principal amount				$ 500
Maturity date			2018-03-01
Interest payment frequency				payable semi-annually
Proceeds from issuance of debt				$ 490
Stated discount on issuance of debt				10
Gain (loss) on early debt extinguishment	$ 71	$ 102	$ 0	(102)	$ 0
Lines of Credit, usage			400
Credit Facility			400
Obligations to Lenders			125
U.S. revolving credit facility			370
Canadian Revolving credit facility			$ 30
SECOND LIEN HOLDERS AGREEMENT			(The Company reached an adequate protection agreement with a group representing at least 50.1 of the Second Lien Note Holders 2019 Senior Secured Note Holders and 2018 Senior Secured Note Holders. The Company agreed to provide all Second Lien Note Holders with a portion of the proceeds of any sale of the Company's digital imaging portfolio subject to the following waterfall: first, to repay any outstanding obligations under the DIP Credit Agreement, including cash collateralizing letters of credit; second, to pay 50 of accrued second lien interest at the non-default rate; third, the Company retains 250 million; fourth, to pay 50 of accrued second lien interest at the non-default rate; fifth, any remaining proceeds up to 2,250 million to be split 60 to the Company and 40 to repay outstanding second lien debt at par. The Company also agreed to pay current interest to Second Lien Note Holders upon the receipt of 250 million noted above. The Company also agreed to pay reasonable fees of advisors. Sixth, any proceeds above 2,250 million to be split 50 to the Company and 50 to Second Lien Note Holders until second lien debt is fully paid.)
Carrying Value [Abstract]
Year 2012			$ 52
Year 2013			397
Year 2014			0
Year 2015			0
Year 2016			0
2017 and thereafter			1,066
Total			1,515	$ 1,245
Principal Amount [Abstract]
2012 - Principal Amount			52
2013 - Principal Amount			402
2014 - Principal Amount			0
2015 - Principal Amount			0
2016 - Principal Amount			0
2017 and thereafter-Principal Amount			1,164
Total-Principal Amount			$ 1,618
U.S Converible Notes Due 2010 [Member]
Debt Instrument [Line Items]
Country			U.S.	U.S.
Maturity Date Range - Start			2011
Maturity Date Range - End			2013
Weighted-Average Effective Interest (in hundredths)			6.16%	6.16%
Long-Term Debt, Total			$ 19	$ 27
Carrying Value [Abstract]
Total			$ 19	$ 27
Germany Term Note Due 2010-2013 [Member]
Debt Instrument [Line Items]
Country			Germany	Brazil
Maturity Date Range - Start			2011	2012
Maturity Date Range - End			2013	2013
Weighted-Average Effective Interest (in hundredths)			6.16%	0.00%
Long-Term Debt, Total			$ 75	$ 0
Carrying Value [Abstract]
Total			$ 75	$ 0
U.S Term Note 2010-2013 [Member]
Debt Instrument [Line Items]
Country			Brazil	Germany
Maturity Date Range - Start			2012	2011
Maturity Date Range - End			2013	2013
Weighted-Average Effective Interest (in hundredths)			19.80%	6.16%
Long-Term Debt, Total			$ 5	$ 109
Carrying Value [Abstract]
Total			$ 5	$ 109
Term Note Due 2013 [Member]
Debt Instrument [Line Items]
Country			U.S.	U.S.
Maturity Date			2013	2013
Weighted-Average Effective Interest (in hundredths)			7.25%	7.25%
Long-Term Debt, Total			$ 250	$ 300
Carrying Value [Abstract]
Total			$ 250	$ 300
Secured Term Note Due 2017 [Member]
Debt Instrument [Line Items]
Country			U.S	U.S.
Maturity Date			2013	2013
Weighted-Average Effective Interest (in hundredths)			4.75%	0.00%
Long-Term Debt, Total			$ 100	$ 0
Carrying Value [Abstract]
Total			$ 100	$ 0
Convertible Senior Notes Due 2017 [Member]
Debt Instrument [Line Items]
Country			U.S.	U.S.
Maturity Date			2017	2018
Weighted-Average Effective Interest (in hundredths)			12.75%	10.11%
Long-Term Debt, Total			$ 315	$ 491
Issuance date of debt			Sep. 23, 2009
Aggregate principal amount			$ 400
Stated interest rate			7.00%
Maturity date			Apr. 01, 2017
Interest payment frequency			payable semi-annually
Call provisions			The Company may redeem the 2017 Convertible Notes in whole or in part for cash at any time on or after October 1, 2014 and before October 1, 2016 if the closing sale price of the common stock for at least 20 of the 30 consecutive trading days ending within three trading days prior to the date the Company provides notice of redemption exceeds 130 of the conversion price in effect on each such trading day, or at any time on or after October 1, 2016 and prior to maturity regardless of the sale price of the Company's common stock. The redemption price will equal 100 of the principal amount of the Notes to be redeemed, plus any accrued and unpaid interest.
Change of control provisions			Holders of the 2017 Convertible Notes may require the Company to purchase all or a portion of the convertible notes at a price equal to 100 of the principal amount of the convertible notes to be purchased, plus accrued and unpaid interest, in cash, upon occurrence of certain fundamental changes involving the Company including, but not limited to, a change in ownership, consolidation or merger, plan of dissolution, or common stock delisting from a U.S. national securities exchange.
Description of debt covenants			The 2017 Convertible Notes are the Company's senior unsecured obligations and rank: i senior in right of payment to the Company's existing and future indebtedness that is expressly subordinated in right of payment to the 2017 Convertible Notes; ii equal in right of payment to the Company's existing and future unsecured indebtedness that is not so subordinated; iii effectively subordinated in right of payment to any of the Company's secured indebtedness to the extent of the value of the assets securing such indebtedness; and iv structurally subordinated to all existing and future indebtedness and obligations incurred by the Company's subsidiaries including guarantees of the Company's obligations by such subsidiaries.
Debt Instrument, Convertible, number of equity instruments per $1000 in principal (in shares)			134.9528
Debt Instrument, Convertible, Conversion Price (in dollars per share)			$ 7.41
Principal amount of convertible note allocated to long-term debt, net of current portion			$ 293
Principal amount of convertible note allocated to equity			$ 107
Period over which effective interest method used to accrete debt portion of convertible debt allocation (in years)			7.5
The percentage of the principal amount company may purchase or redeem notes from holder (in hundredths)			100.00%
Carrying Value [Abstract]
Total			$ 315	$ 491
Secured Term Note Due 2018 [Member]
Debt Instrument [Line Items]
Country			U.S.	U.S.
Maturity Date			2018	2017
Weighted-Average Effective Interest (in hundredths)			10.11%	12.75%
Long-Term Debt, Total			$ 491	$ 305
Carrying Value [Abstract]
Total			$ 491	$ 305
Term Note Due 2018 [Member]
Debt Instrument [Line Items]
Country			U.S.	U.S.
Maturity Date			2018	2018
Weighted-Average Effective Interest (in hundredths)			9.95%	9.95%
Long-Term Debt, Total			$ 3	$ 3
Carrying Value [Abstract]
Total			$ 3	$ 3
Term Note Due 2019 [Member]
Debt Instrument [Line Items]
Country			U.S.	U.S
Maturity Date			2019	2019
Weighted-Average Effective Interest (in hundredths)			10.87%	0.00%
Long-Term Debt, Total			$ 247	$ 0
Carrying Value [Abstract]
Total			$ 247	$ 0
Term Note Due 2021 [Member]
Debt Instrument [Line Items]
Country			U.S.
Maturity Date			2021
Weighted-Average Effective Interest (in hundredths)			9.20%	9.20%
Long-Term Debt, Total			$ 10	$ 10
Carrying Value [Abstract]
Total			$ 10	10
Senior Secured Notes Due 2018 [Member]
Debt Instrument [Line Items]
Issuance date of debt			Mar. 15, 2010
Aggregate principal amount			$ 250
Stated interest rate			10.625%
Maturity date			Mar. 15, 2019
Interest payment frequency			payable semi-annually
Proceeds from issuance of debt			$ 247
Stated discount on issuance of debt			$ 3
Use of proceeds from debt issuance			The proceeds were used to repurchase 50 million of the 7.25 Senior Notes due 2013 with the remaining amount being used for other general corporate purposes.
Trustee and collateral agent			Bank of New York Mellon
Call provisions			(At any time prior to March 15, 2015, the Company will be entitled at its option to redeem some or all of the 2019 Senior Secured Notes at a redemption price of 100 of the principal plus accrued and unpaid interest and a “make-whole” premium as defined in the Indenture. On and after March 15, 2015, the Company may redeem some or all of the 2019 Senior Secured Notes at certain redemption prices expressed as percentages of the principal plus accrued and unpaid interest. In addition, prior to March 15, 2014, the Company may redeem up to 35 of the 2019 Senior Secured Notes at a redemption price of 110.625 of the principal, plus accrued and unpaid interest, using proceeds from certain equity offerings, provided the redemption takes place within 120 days after the closing of the related equity offering and not less than 65 of the original aggregate principal remains outstanding immediately thereafter.)
Change of control provisions			Upon the occurrence of a change of control, each holder of the 2019 Senior Secured Notes has the right to require the Company to repurchase some or all of such holder's 2019 Senior Secured Notes at a purchase price in cash equal to 101 of the principal amount thereof, plus accrued and unpaid interest, if any, to the repurchase date.
Description of debt covenants			(The Indenture contains covenants limiting, among other things, the Company's ability and the ability of the Company's restricted subsidiaries as defined in the Indenture to subject to certain exceptions and qualifications: incur additional debt or issue certain preferred stock; pay dividends or make distributions in respect of capital stock or make other restricted payments; make principal payments on, or purchase or redeem subordinated indebtedness prior to any scheduled principal payment or maturity; make certain investments; sell certain assets; create liens on assets; consolidate, merge, sell or otherwise dispose of all or substantially all of the Company's and its subsidiaries' assets; enter into certain transactions with affiliates; and designate the Company's subsidiaries as unrestricted subsidiaries. The Company was in compliance with these covenants as of December 31, 2011.)
Covenant compliance status			The Company was in compliance with these covenants as of December 31, 2011.
Guarantees and collateral provisions			(The 2019 Senior Secured Notes are fully and unconditionally guaranteed Guarantees on a senior secured basis by each of the Company's existing and future direct or indirect 100 owned domestic subsidiaries, subject to certain exceptions Subsidiary Guarantors. The 2019 Senior Secured Notes and Guarantees are secured by second-priority liens, subject to permitted liens, on substantially all of the Company's domestic assets and substantially all of the domestic assets of the Subsidiary Guarantors pursuant to a supplement, dated March 15, 2011, to the security agreement, dated March 5, 2010, entered into with Bank of New York Mellon as second lien collateral agent. The carrying value of the assets pledged as collateral at December 31, 2011 was approximately 1 billion.)
Carrying value of the assets pledged as collateral			$ 1,000
Priority of debt			(The 2019 Senior Secured Notes are the Company's senior secured obligations and rank senior in right of payment to any future subordinated indebtedness; rank equally in right of payment with all of the Company's existing and future senior indebtedness; are effectively senior in right of payment to the Company's existing and future unsecured indebtedness, are effectively subordinated in right of payment to indebtedness under the Company's Second Amended Credit Agreement as defined below to the extent of the collateral securing such indebtedness on a first-priority basis; and effectively are subordinated in right of payment to all existing and future indebtedness and other liabilities of the Company's non-guarantor subsidiaries.)
Subjective acceleration provisions			(Certain events are considered events of default and may result in the acceleration of the maturity of the 2019 Senior Secured Notes, including, but not limited to subject to applicable grace and cure periods: default in the payment of principal or interest when it becomes due and payable; failure to purchase Senior Secured Notes tendered when and as required; certain events of bankruptcy; and non-compliance with other provisions and covenants and the acceleration or default in the payment of principal of certain other forms of debt. If an event of default occurs, the aggregate principal amount and accrued and unpaid interest may become due and payable immediately)
Company will recognize annual interest expense on the debt at an effective interest rate (in hundredths)			12.75%
The percentage of the principal amount company may purchase or redeem notes from holder (in hundredths)			100.00%
Senior Notes Due 2013 [Member]
Debt Instrument [Line Items]
Aggregate principal amount				$ 500
Stated interest rate				7.25%
Repurchase of Senior Notes			$ 50	$ 200
Date of purchase				Mar. 15, 2011
Notes remain outstanding			$ 250
Amended Credit Agreement [Member]
Debt Instrument [Line Items]
Aggregate principal amount				$ 700
Description of debt covenants				Under the terms of the Amended Credit Agreement, the Company has agreed to certain affirmative and negative covenants customary in similar asset-based lending facilities. In the event the Company's excess availability under the borrowing base formula under the Amended Credit Agreement falls below 100 million for three consecutive business days, among other things, the Company must maintain a fixed charge coverage ratio of not less than 1.1 to 1.0 until the excess availability is greater than 100 million for 30 consecutive days
Covenant compliance status				The Company was in compliance with all covenants under the Amended Credit Agreement as of December 31, 2010.
Credit agreement debt Instrument, Increase, additional borrowings under first amendment				$ 700
Credit agreement debt Instrument, Increase, Additional Borrowings under second amendment				200
Amount of reduction of commitments of its non-extending lenders				125
Maximum borrowing availability under the amended credit agreement				500
Company's current borrowing limit				$ 410
Expiration date of line of credit facility				2012/3/31
Face amount of letters of credit outstanding deducted				$ 122
Amount of collateral to secure other banking arrangements				90
Amount available to borrow under the Amended Credit Agreement.				$ 192
Annual fee paid to lenders based on unused commitments, Minimum (in hundredths)				0.50%
Annual fee paid to lenders based on unused commitments, Maximum (in hundredths)				1.00%
Minimum excess availability under the borrowing base formula contained in covenants				$ 100
Line of credit facility, covenant terms				In the event the Company's excess availability under the borrowing base formula under the Amended Credit Agreement falls below 100 million for three consecutive business days, among other things, the Company must maintain a fixed charge coverage ratio of not less than 1.1 to 1.0 until the excess availability is greater than 100 million for 30 consecutive days
Company is required to maintain cash and cash equivalents				$ 250
Percentage of pledge of stock of certain material non-U.S subsidiaries (in hundredths)				65.00%
Face amount of letters of credit outstanding				$ 122
Surety bonds outstanding				23
Committed lines of credit				19
Uncommitted lines of credit				131
Lines of Credit, usage				51
Credit Facility				$ 51
Senior Secured Note Due 2017 [Member]
Debt Instrument [Line Items]
Stated interest rate				9.75%
Repurchase of Senior Notes				$ 195
Date of purchase				Mar. 05, 2010
The percentage of the principal amount company may purchase or redeem notes from holder (in hundredths)				100.00%
Gain (loss) on early debt extinguishment				$ 111
Extinguishment of debt, Principal Repayment				300
Convertible Senior Notes Due 2033 [Member]
Debt Instrument [Line Items]
Repurchase of Senior Notes				575
Letter of Credit and Bank Guarantees [Member]
Debt Instrument [Line Items]
Face amount of letters of credit outstanding deducted				18
Face amount of letters of credit outstanding				$ 18

OTHER LONG-TERM LIABILITIES (Details) - USD ($) $ in Millions	Dec. 31, 2011	Dec. 31, 2010
OTHER LONG-TERM LIABILITIES [Abstract]
Non-current tax-related liabilities	$ 57	$ 160
Environmental liabilities	96	103
Asset retirement obligations	66	57
Other	243	305
Total	$ 462	$ 625
Maximum percentage of other long-term liabilities as a component of total long-term liabilities	5.00%

COMMITMENTS AND CONTINGENCIES (Details) $ in Millions	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Details) $ in Millions	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2009 USD ($)
Pollution Prevention and Waste Treatment Expenditures [Line Items]
Payments for Pollution Prevention and Waste Treatment Expenditures	$ 36	$ 37	$ 42
Environmental [Abstract]
Accrual for Environmental Loss Contingencies, Gross	$ 96	103
Number of Superfund sites	6
Third-party defendants named in Passaic River clean up cost recovery suit	300
Asset retirement obligation [Rollforward]
Asset retirement obligations beginning of period	$ 57	62	67
Liabilities incurred in the current period	15	0	4
Liabilities settled in the current period	(9)	(8)	(13)
Accretion expense	4	3	3
Other	(1)	0	1
Asset retirement obligations end of period	66	57	62
Minimum payments for obligations under noncancelable agreements [Abstract]
Minimum payments for obligations under these agreements due within one year		109
Minimum payments for obligations under these agreements due in second year		69
Minimum payments for obligations under these agreements due in third year		47
Minimum payments for obligations under these agreements due in fourth year		41
Minimum payments for obligations under these agreements due in fifth year		18
Minimum payments for obligations under these agreements due in sixth year and thereafter		26
Rental expense, net of minor sublease income	87	96	108
Noncancelable lease commitments [Abstract]
Year 2012		68
Year 2013		51
Year 2014		33
Year 2015		25
Year 2016		21
Year 2017 and thereafter		43
Other Commitments and Contingencies [Abstract]
Unreserved Portion of Brazilian Operations Loss Contingency		70
Eastman Business Park [Member]
Environmental [Abstract]
Undiscounted, Site Accrual Amount	$ 49
Investigation, remediation and monitoring activities expected to be incurred (in years)	thirty years
Other Operating Sites [Member]
Environmental [Abstract]
Undiscounted, Site Accrual Amount	$ 9
Investigation, remediation and monitoring activities expected to be incurred (in years)	thirty years
Sites Associated With Former Operations [Member]
Environmental [Abstract]
Undiscounted, Site Accrual Amount	$ 19
Investigation, remediation and monitoring activities expected to be incurred (in years)	thirty years
Sites Associated With Non-Imaging Health Business [Member]
Environmental [Abstract]
Undiscounted, Site Accrual Amount	$ 19
Investigation, remediation and monitoring activities expected to be incurred (in years)	thirty years
Number of Superfund sites	2
Sale Leaseback of Property in France [Member]
Sales Leaseback Transaction [Abstract]
Proceeds of property sold in France, net of direct selling costs	$ 65
Term of leased back property	nine-year term
Entire gain on the property sale, deferred	$ 57
Future minimum lease payment under noncancelable lease for years 2010 - 2012	5
Recurring Cost Pollution Prevention And Waste Treatment [Member]
Pollution Prevention and Waste Treatment Expenditures [Line Items]
Payments for Pollution Prevention and Waste Treatment Expenditures	33	34	37
Capital Expenditures Pollution Prevention And Waste Treatment [Member]
Pollution Prevention and Waste Treatment Expenditures [Line Items]
Payments for Pollution Prevention and Waste Treatment Expenditures	1	1	3
Site Remediation Costs [Member]
Pollution Prevention and Waste Treatment Expenditures [Line Items]
Payments for Pollution Prevention and Waste Treatment Expenditures	$ 2	$ 2	$ 3

GUARANTEES (Details) £ in Millions, $ in Millions	12 Months Ended
GUARANTEES (Details) £ in Millions, $ in Millions	Dec. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2011 GBP (£)
Change in accrued warranty obligations [Rollforward]
Accrued warranty obligations-Beginning Balance	$ 43	$ 61
Actual warranty experience during period	(92)	(78)
Warranty provisions for period	95	60
Accrued warranty obligations-Ending Balance	46	43
Deferred Revenue [Rollforward]
Deferred revenue-Beginning Balance	130	130
New extended warranty and maintenance arrangements in period	428	438
Recognition of extended warranty and maintenance arrangement revenue in period	(438)	(438)
Deferred revenue-Ending Balance	120	130
Costs incurred under extended warranty and maintenance arrangements	305	$ 363
Customer Related Performance Guarantees [Member]
Guarantor Obligations [Line Items]
Maximum potential amount of future payments (undiscounted)	$ 25
Guarantee term for product and short-term equipment leasing arrangements	90D
Guarantee term for long-term equipment financing arrangements	5Y
Third Party and Subsidiaries Financial Guarantees [Member]
Guarantor Obligations [Line Items]
Maximum potential amount of future payments (undiscounted)	$ 185
Outstanding amount guaranteed	161
Guarantees recorded as short-term borrowings current portion of long-term debt	75
Credit Agreement [Member]
Guarantor Obligations [Line Items]
Maximum potential amount of future payments (undiscounted)	125
Outstanding amount guaranteed	$ 63
Subsidiary And Trustee Guarantee For Pension Plan [Member]
Guarantor Obligations [Line Items]
Maximum potential amount of future payments (undiscounted) \| £			£ 60

FINANCIAL INSTRUMENTS (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Foreign Exchange [Abstract]

Net gain (loss)

$ (14)

$ (5)

$ (2)

Fair value of derivative contracts in liability position

Foreign Currency Forward Contracts [Abstract]

Notional Amount of Foreign Currency Derivative Instruments Not Designated as Hedging Instruments

945

Silver Forward Contracts [Abstract]

Notional Amount of Silver Forward Contract

Amount Gains (Loss) To Be Recognized in Earnings Over Next 12 Months

Marketable Securities [Member] | Other Current Assets and Other Long-term Assets [Member] | Carrying Amount [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Available-for-sale

^[1]

Held-to-maturity

^[2]

Marketable Securities [Member] | Other Current Assets and Other Long-term Assets [Member] | Fair Value [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Available-for-sale

^[1]

Held-to-maturity

^[2]

Designated as Hedging Instrument [Member] | Receivables, Net [Member] | Carrying Amount [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Designated as Hedging Instrument [Member] | Receivables, Net [Member] | Fair Value [Member]

^[1]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Not Designated as Hedging Instrument [Member] | Receivables, Net [Member] | Carrying Amount [Member]

^[1]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Not Designated as Hedging Instrument [Member] | Receivables, Net [Member] | Fair Value [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Not Designated as Hedging Instrument [Member] | Other Current Liabilities [Member] | Carrying Amount [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Not Designated as Hedging Instrument [Member] | Other Current Liabilities [Member] | Fair Value [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Not Designated as Hedging Instrument [Member] | Other Long-term Liabilities [Member] | Carrying Amount [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Not Designated as Hedging Instrument [Member] | Other Long-term Liabilities [Member] | Fair Value [Member]

^[1]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Not Designated as Hedging Instrument [Member] | Other Long-term Assets [Member] | Carrying Amount [Member]

^[1]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Not Designated as Hedging Instrument [Member] | Other Long-term Assets [Member] | Fair Value [Member]

^[1]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Debt [Member] | Long-term Debt, Net of Current Portion [Member] | Carrying Amount [Member]

^[1]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Long-term borrowings, net of current portion

^[2]

1,363

1,195

Debt [Member] | Long-term Debt, Net of Current Portion [Member] | Fair Value [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Long-term borrowings, net of current portion

^[2]

781

1,242

Debt [Member] | Short-term Debt [Member] | Carrying Amount [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Short-term borrowings and current portion of long-term debt

152

Debt [Member] | Short-term Debt [Member] | Fair Value [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Short-term borrowings and current portion of long-term debt

127

Commodity Contract [Member] | Designated as Hedging Instrument [Member] | Other Comprehensive Income (Loss) [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net

Commodity Contract [Member] | Designated as Hedging Instrument [Member] | Cost of Sales [Member]

Gain (Loss) Reclassified from Accumulated OCI Into Cost of Sales, Effective Portion, Net [Abstract]

Gain (Loss) Reclassified from Accumulated OCI Into Cost of Sales, Effective Portion, Net

Commodity Contract [Member] | Designated as Hedging Instrument [Member] | Revenue [Member]

Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net [Abstract]

Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net

Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Comprehensive Income (Loss) [Member]

Derivative Instruments, Gain (Loss) [Line Items]

Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net

(2)

Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Cost of Sales [Member]

Gain (Loss) Reclassified from Accumulated OCI Into Cost of Sales, Effective Portion, Net [Abstract]

Gain (Loss) Reclassified from Accumulated OCI Into Cost of Sales, Effective Portion, Net

(2)

Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Revenue [Member]

Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net [Abstract]

Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net

Foreign Exchange Contract [Member] | Not Designated as Hedging Instrument [Member] | Other Income [Member]

Gain (Loss) Recognized in Income, Net [Abstract]

Gain (Loss) Recognized in Income, Net

$ 11

$ 32

$ 29

[1]	Recorded at fair value.
[2]	Recorded at historical cost.

OTHER OPERATING EXPENSES (INCOME), NET (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2010

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Expenses (income): [Abstract]

Goodwill impairments

$ 626

$ 8

^[1]

$ 626

^[1]

$ 0

^[1]

Long-lived asset impairments

^[2]

(80)

(8)

(100)

Other

Total

(67)

$ 619

(88)

Gross proceeds allocated to the licensing transaction, net sales in CDG segment

$ 414

Proceeds from sale of patents and patent applications

Gain on sale of certain image sensor patents

$ 62

[1]	Refer to Note 6, "Goodwill and Other Intangible Assets," in the Notes to Financial Statements.
[2]	On March 31, 2011, the Company sold patents and patent applications related to CMOS image sensors to OmniVision Technologies Inc. for $65 million. The Company recognized a gain, net of transaction costs, of $62 million from this transaction.

Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 47
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13854-109267

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13777-109266

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

OTHER INCOME (CHARGES), NET (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
OTHER INCOME (CHARGES), NET [Abstract]
Interest income	$ 10	$ 11	$ 12
(Loss) gain on foreign exchange transactions	(14)	(5)	(2)
Legal settlements	0	0	19
Gain on sale of investee	0	10	0
Other	2	10	1
Total	$ (2)	$ 26	$ 30

INCOME TAXES (Details) - USD ($) $ in Millions	12 Months Ended
INCOME TAXES (Details) - USD ($) $ in Millions	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
(Loss) earnings from continuing operations before income taxes: [Abstract]
U.S.	$ (760)	$ (487)	$ (410)
Outside the U.S.	2	(74)	293
Consolidated loss from continuing operations before income taxes	(758)	(561)	(117)
U.S. income taxes [Abstract]
Current (benefit) provision	(378)	(2)	8
Deferred provision (benefit)	241	2	(7)
Income taxes outside the U.S. [Abstract]
Current provision	55	192	113
Deferred (benefit) provision	106	(76)	0
State and other income taxes [Abstract]
Current (benefit) provision	(22)	(2)	(1)
Deferred provision (benefit)	7	0	2
Total provision (benefit)	9	114	115
Federal Effective Income Tax Rate to Statutory Rate Reconciliation: [Abstract]
Amount computed using the statutory rate	(265)	(196)	(41)
Increase (reduction) in taxes resulting from [Abstract]
State and other income taxes, net of federal	1	1	1
Unremitted foreign earnings	393
Impact of goodwill impairment	0	217	0
Operations outside the U.S.	40	130	45
Legislative rate changes	20	10
Valuation allowance	(33)	(46)	117
Tax settlements and adjustments, including interest	(149)	3	(4)
Other, net	2	(5)	(3)
Total provision (benefit)	9	114	115
Tax Settlement [Abstract]
Recorded a provision associated with the release of the valuation allowance on foreign deferred tax assets	53
Tax benefit associated with the release of the valuation allowance on foreign deferred tax assets		154
Deferred tax assets [Abstract]
Pension and postretirement obligations	925	809
Restructuring programs	5	7
Foreign tax credit	661	477
Inventories	33	23
Investment tax credit	172	160
Employee deferred compensation	69	80
Depreciation	30	28
Research and development costs	232	184
Tax loss carryforwards	1,178	1,181
Other	406	423
Total deferred tax assets	3,711	3,372
Deferred tax liabilities [Abstract]
Leasing	37	47
Other deferred debt	16	15
Unremitted foreign earnings		0
Other	168	175
Total deferred tax liabilities	651	237
Net deferred tax assets before valuation allowance	3,060	3,135
Valuation allowance	2,560	2,335
Net deferred tax assets	500	800
Deferred Tax Assets (Liabilities) Reporting [Abstract]
Deferred income taxes (current)	58	120
Other long-term assets	452	695
Accrued income taxes	(3)	(7)
Other long-term liabilities	(7)	(8)
Net deferred tax assets	500	800
Deferred Tax Assets and Liabilities [Abstract]
Total net operating loss carry forwards for income tax purposes	3,806
Net Operating Loss Carry forward with unlimited carry forward period	592
Net Operating Loss carry forward amount subject to expiration period	3,214
Deferred Tax Valuation Allowance [Abstract]
Net deferred tax assets outside the U.S.	964	849
Net deferred tax assets U.S.	2,096	2,286
Reconciliation of Unrecognized Tax Benefits [Roll Forward]
Balance as of January 1	245	256	296
Tax positions related to the current year [Abstract]
Additions	12	1	10
Tax positions related to prior years [Abstract]
Additions	2	0	8
Reductions	(183)	(11)	(58)
Lapses in statutes of limitations	0	(1)	0
Balance as of December 31	76	245	256
Accounting for penalties and interest [Abstract]
Interest and penalties recognized in income tax (benefit) expense	(60)	5	$ 8
Interest and penalties accrued	14	74
Possible uncertainties in income tax [Abstract]
Possible significant changes to unrecognized tax benefits is reasonably possible, estimated range of change, lower bound		0
Possible significant changes to unrecognized tax benefits is reasonably possible, estimated range of change, upper bound		30
Provision for the potential foreign withholding taxes on the undistributed earnings	34
Income Tax Examination [Line Items]
Uncertain tax position liability - Internal Revenue Service and Federal audits for calendar years 2001 through 2005	56
Tax settlement tax benefit	94
Uncertain tax position liability - Internal Revenue Service and Federal audits for calendar years 2001 through 2002	56
United States deferred tax asset [Member]
Deferred tax liabilities [Abstract]
Unremitted foreign earnings	430
Valuation allowance	2,143	2,055
Foreign deferred tax assets [Member]
Deferred tax liabilities [Abstract]
Valuation allowance	$ 417	$ 280
China [Member]
Income Tax Holiday [Abstract]
Eligible granted tax holiday incentive reduction rate for certain jurisdictions in China (in hundredths)	50.00%
Tax holiday incentive reduction rate for all jurisdictions in China in 2013 (in hundredths)	25.00%
Federal and State [Member]
Income Tax Examination [Line Items]
Uncertain tax position liability - Internal Revenue Service and Federal audits for calendar years 2001 through 2005	$ 115
Uncertain tax position liability interest portion - Internal Revenue Service and Federal audits for calendar years 2001 through 2005	43
Uncertain tax position liability - Internal Revenue Service and Federal audits for calendar years 2001 through 2002	115
Uncertain tax position liability interest portion - Internal Revenue Service and Federal audits for calendar years 2001 through 2002	43
Internal Revenue Service (IRS) [Member]
Income Tax Examination [Line Items]
Uncertain tax position liability interest portion - Internal Revenue Service and Federal audits for calendar years 2001 through 2005	25
Tax settlement, reduction in net deferred tax assets	296
Tax settlement tax benefit	50
Tax settlement, reduction in net deferred tax assets	246
Uncertain tax position liability interest portion - Internal Revenue Service and Federal audits for calendar years 2001 through 2002	$ 25

RESTRUCTURING AND RATIONALIZATION LIABILITIES (Details)
$ in Millions

12 Months Ended

Dec. 31, 2011

USD ($)

Dec. 31, 2010

USD ($)

Dec. 31, 2009

USD ($)

$ 42

$ 95

$ 130

133

^[1]

^[2]

258

^[3]

(84)

^[4]

(103)

^[5]

(215)

^[6]

(31)

^[7]

(28)

^[8]

(78)

^[9]

Charges included in severance reserve activity

^[10]

101

191

Net curtailment gains (losses) included in severance reserve activity

Cash payments related to restructuring and rationalization

177

Charges for inventory write-downs reported in Cost of sales

$ 2

Charges reported in Restructuring costs, rationalization and other, net of reversals

$ 258

Long-lived asset impairments, reported in restructuring costs, rationalization and other

1,225

800

3,225

$ 1

$ 7

Restructuring adjustments for foreign currency translation charges

$ 1

United States and Canada [Member]

Other Parts of the World {Member]

725

475

1,950

Manufacturing/Service [Member]

500

325

1,275

Research and Development [Member]

575

550

1,475

100

750

Administrative [Member]

550

225

1,000

FPEG Segment [Member]

Charges reported in Restructuring costs, rationalization and other, net of reversals

$ 47

$ 38

$ 69

CDG Segment [Member]

Charges reported in Restructuring costs, rationalization and other, net of reversals

GCG Segment [Member]

Charges reported in Restructuring costs, rationalization and other, net of reversals

112

All Other Segments [Member]

Charges reported in Restructuring costs, rationalization and other, net of reversals

Employee Severance [Member]

109

105

^[1]

^[2]

193

^[3]

(58)

^[4]

(67)

^[5]

(154)

^[6]

(31)

^[7]

(28)

^[8]

(80)

^[9]

Facility Closing [Member]

^[10]

^[1]

^[2]

^[3]

(13)

^[4]

(21)

^[5]

(23)

^[6]

^[7]

^[8]

^[9]

Long-Lived Impairments and Inventory Write Downs [Member]

^[10]

^[1]

^[2]

^[3]

(3)

^[4]

(9)

^[5]

(16)

^[6]

^[7]

^[8]

^[9]

Accelerated Depreciation [Member]

^[10]

^[1]

^[2]

^[3]

(10)

^[4]

(6)

^[5]

(22)

^[6]

^[7]

^[8]

^[9]

$ 0

^[10]

$ 0

[1]	Severance reserve activity includes charges of $49 million.
[2]	Severance reserve activity includes charges of $191 million, and net curtailment and settlement losses related to these actions of $2 million.
[3]	Severance reserve activity includes charges of $139 million, offset by net curtailment gains related to these actions of $17 million.
[4]	During the year ended December 31, 2010, the Company made cash payments of approximately $88 million related to restructuring and rationalization, all of which was paid out of restructuring liabilities.
[5]	During the year ended December 31, 2009, the Company made cash payments of approximately $177 million related to restructuring and rationalization, all of which was paid out of restructuring liabilities.
[6]	During the year ended December 31, 2008, the Company made cash payments of approximately $143 million related to restructuring and rationalization. Of this amount, $133 million was paid out of restructuring liabilities, while $10 million was paid out of Pension and other postretirement liabilities.
[7]	Includes $28 million of severance related charges for pension plan curtailments, settlements, and special termination benefits, which are reflected in Pension and other postretirement liabilities and Other long-term assets in the Consolidated Statement of Financial Position.
[8]	Includes $84 million of severance related charges for pension plan curtailments, settlements, and special termination benefits, which are reflected in Pension and other postretirement liabilities and Other long-term assets in the Consolidated Statement of Financial Position, partially offset by foreign currency translation adjustments.
[9]	Includes $23 million of severance related charges for pension plan curtailments, settlements, and special termination benefits, which are reflected in Pension and other postretirement liabilities and Other long-term assets in the Consolidated Statement of Financial Position. The remaining amounts are primarily related to foreign currency translation adjustment.
[10]	The Company expects to utilize the majority of the December 31, 2010 accrual balance in 2011.

RETIREMENT PLANS (Details) - USD ($)	12 Months Ended
RETIREMENT PLANS (Details) - USD ($)	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Amounts recognized in consolidated financial position [Abstract]
Pension and other postretirement liabilities				$ (3,053,000,000)	$ (2,661,000,000)
Amortization of [Abstract]
Total amount recognized in Other comprehensive loss	$ 611,000,000	$ 470,000,000	$ 1,111,000,000
Curtailment gains	3,000,000
Settlement losses	1,000,000
Major defined benefit plans periodic benefit cost [Abstract]
Curtailment gains incurred due to restructuring actions	$ (3,000,000)
Cash Balance Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
The percentage of employee's salary that can be credited to account by the plan (in hundredths)	4.00%
The rate of additional benefit that employees could receive on their annual pensionable earnings (in hundredths)				3.00%
Savings and Investment Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of company dollar-for-dollar match to employees' contribution (in hundredths)	1.00%
Company matching amount for each additional dollar contributed by employee to retirement plan				$ 0.50
Maximum percentage of employees' salary matched by employer at 50% on additional eligible contribution to the plan (in hundredths)				4.00%
Company contributions to the plan	$ 10,000,000	11,000,000
French Defined Benefit Pension Plan [Member]
Change in Plan Assets [Roll Forward]
Extension required in minimum retirement age				2Y
Phasing in rate of retirement extension age	4M
Increase in projected benefit obligation due to amendment	$ 33,000,000
US and Non-US Defined Benefit Pension Plans [Member]
Change in Benefit Obligation [Roll Forward]
Special termination benefits	(29,000,000)	(28,000,000)	(83,000,000)
Amortization of [Abstract]
Special termination benefits	(29,000,000)	(28,000,000)	(83,000,000)
Curtailment gains			(14,000,000)
Actuarial loss to be amortized into net periodic pension cost over the next year	237,000,000
Prior service cost to be amortized into net periodic pension cost over the next year	3,000,000
Major defined benefit plans periodic benefit cost [Abstract]
Special termination benefits incurred due to restructuring actions	29,000,000	28,000,000	83,000,000
Curtailment gains incurred due to restructuring actions			14,000,000
Weighted-average assumptions used to determine net pension (income) expense [Abstract]
The percentage of investment in a single asset portfolio that could constitute significant concentrations risk (in hundredths)				10.00%
United States Pension Plans of US Entity, Defined Benefit [Member]
Change in Benefit Obligation [Roll Forward]
Projected benefit obligation, beginning period	5,071,000,000	4,842,000,000
Acquisitions/divestitures/other transfers	(1,000,000)	0
Service cost	50,000,000	48,000,000	52,000,000
Interest cost	254,000,000	263,000,000	293,000,000
Participant contributions	0	0
Plan amendments	0	0
Benefit payments	(535,000,000)	(511,000,000)
Actuarial loss	392,000,000	402,000,000
Curtailments	0	0
Settlements	0	0
Special termination benefits	28,000,000	27,000,000	78,000,000
Currency adjustments	0	0
Projected benefit obligation, period end	5,259,000,000	5,071,000,000	4,842,000,000
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	4,861,000,000	4,758,000,000
Acquisitions/divestitures	0	0
Actual gain on plan assets	413,000,000	592,000,000
Employer contributions	25,000,000	22,000,000
Participant contributions	0	0
Settlements	0	0
Benefit payments	(536,000,000)	(511,000,000)
Currency adjustments	0	0
Fair value of plan assets, ending balance	4,763,000,000	4,861,000,000	4,758,000,000
Amounts recognized in consolidated financial position [Abstract]
Other long-term assets				$ 0	18,000,000
Accounts payable and other current liabilities				(18,000,000)	(19,000,000)
Pension and other postretirement liabilities				(478,000,000)	(209,000,000)
Net amount recognized				(496,000,000)	(210,000,000)
Information on funded and unfunded defined benefit plans with accumulated benefit obligation in excess of plan assets [Abstract]
Projected benefit obligation				5,259,000,000	383,000,000
Accumulated benefit obligation				5,112,000,000	378,000,000
Fair value of plan assets				4,763,000,000	154,000,000
Amounts recognized in accumulated other comprehensive loss for all funded and unfunded defined benefit plans [Abstract]
Prior service cost (credit)				6,000,000	7,000,000
Net actuarial loss				2,135,000,000	1,790,000,000
Total				$ 2,141,000,000	$ 1,797,000,000
Newly established loss	414,000,000	286,000,000
Newly established prior service cost	0	0
Amortization of [Abstract]
Prior service cost	(1,000,000)	(1,000,000)
Net actuarial loss	(69,000,000)	(5,000,000)
Prior service cost recognized due to curtailment		0
Net curtailment gain not recognized in expense		0
Net loss recognized in expense due to settlements	0	0
Transfers	0	0
Total amount recognized in Other comprehensive loss	344,000,000	280,000,000
Prior service cost	1,000,000	1,000,000	2,000,000
Actuarial loss	69,000,000	5,000,000	5,000,000
Pension (income) expense before special termination benefits, curtailments and settlements	(61,000,000)	(158,000,000)	(134,000,000)
Special termination benefits	28,000,000	27,000,000	78,000,000
Curtailment gains	0	0	0
Settlement losses	0	0	0
Net pension (income) expense for major defined benefit plans	(33,000,000)	(131,000,000)	(56,000,000)
Other plans including unfunded plans	0	0	0
Net pension (income) expense from continuing operations	(33,000,000)	(131,000,000)	(56,000,000)
Major defined benefit plans periodic benefit cost [Abstract]
Service cost	50,000,000	48,000,000	52,000,000
Interest cost	254,000,000	263,000,000	293,000,000
Expected return on plan assets	(435,000,000)	(475,000,000)	(486,000,000)
Special termination benefits incurred due to restructuring actions	(28,000,000)	(27,000,000)	(78,000,000)
Curtailment gains incurred due to restructuring actions	$ 0	$ 0	$ 0
Weighted-average assumption used to determine benefit obligation amounts [Abstract]
Discount rate (in hundredths)				4.25%	5.24%
Salary increase rate (in hundredths)				3.28%	3.81%
Weighted-average assumptions used to determine net pension (income) expense [Abstract]
Discount rate (in hundredths)	5.24%	5.75%	6.76%
Salary increase rate (in hundredths)	3.80%	3.88%	3.99%
Expected long-term rate of return on plan assets (in hundredths)	8.09%	8.73%	8.49%
The percentage of total domestic plan assets that relates to noncontributory plan (in hundredths)				97.00%	97.00%
Expected return on plan assets (in hundredths)	8.60%	8.50%
Expected return on foreign plan assets, minimum, (in hundredths)		3.70%
Expected return on foreign plan assets, maximum, (in hundredths)		7.80%
Weighted-average asset allocation by asset category [Abstract]
Equity securities (in hundredths)				17.00%	20.00%
Debt securities (in hundredths)				38.00%	45.00%
Real estate (in hundredths)				4.00%	5.00%
Cash (in hundredths)				7.00%	3.00%
Other (in hundredths)				34.00%	27.00%
Total (in hundredths)				100.00%	100.00%
Weighted-average asset target allocation by asset category [Abstract]
Equity securities, minimum, (in hundredths)	13.00%
Equity securities, maximum, (in hundredths)	27.00%
Debt securities, minimum, (in hundredths)	35.00%
Debt securities, maximum, (in hundredths)	47.00%
Real estate, minimum, (in hundredths)	2.00%
Real estate, maximum, (in hundredths)	10.00%
Cash, minimum, (in hundredths)	0.00%
Cash, maximum, (in hundredths)	6.00%
Other, minimum, (in hundredths)	30.00%
Other, maximum, (in hundredths)	40.00%
Fair value measurement [Abstract]
Fair value, plan assets	$ 4,861,000,000	$ 4,861,000,000	$ 4,758,000,000	$ 4,763,000,000	$ 4,861,000,000	$ 4,758,000,000
Exposures gained from the use of equity securities derivatives(in hundredths)
Exposures gained from the of use of government bonds derivatives (in hundredths)
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Expected employer contribution to the plan				15,000,000
Pension benefit payments which reflect expected future services expected to be paid from the plans [Abstract]
2011				430,000,000
2012				423,000,000
2013				399,000,000
2014				392,000,000
2015				385,000,000
2016-2020				1,834,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Cash and Cash Equivalents [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	$ 126,000,000
Fair value of plan assets, ending balance	321,000,000	126,000,000
Fair value measurement [Abstract]
Fair value, plan assets	321,000,000	126,000,000		321,000,000	126,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Equity Securities [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	989,000,000
Fair value of plan assets, ending balance	816,000,000	989,000,000
Fair value measurement [Abstract]
Fair value, plan assets	816,000,000	989,000,000		816,000,000	989,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Debt Securities [Member] \| US Treasury and Government [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	749,000,000
Fair value of plan assets, ending balance	724,000,000	749,000,000
Fair value measurement [Abstract]
Fair value, plan assets	724,000,000	749,000,000		724,000,000	749,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Debt Securities [Member] \| Inflation Linked Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	888,000,000
Fair value of plan assets, ending balance	491,000,000	888,000,000
Fair value measurement [Abstract]
Fair value, plan assets	491,000,000	888,000,000		491,000,000	888,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Debt Securities [Member] \| Investment Grade Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	409,000,000
Fair value of plan assets, ending balance	449,000,000	409,000,000
Fair value measurement [Abstract]
Fair value, plan assets	449,000,000	409,000,000		449,000,000	409,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Debt Securities [Member] \| Global High Yield and Emerging Market Debt [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	122,000,000
Fair value of plan assets, ending balance	132,000,000	122,000,000
Fair value measurement [Abstract]
Fair value, plan assets	132,000,000	122,000,000		132,000,000	122,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Other Plan Investments [Member] \| Absolute Return [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	287,000,000
Fair value of plan assets, ending balance	345,000,000	287,000,000
Fair value measurement [Abstract]
Fair value, plan assets	345,000,000	287,000,000		345,000,000	287,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Other Plan Investments [Member] \| Real Estate [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	240,000,000
Fair value of plan assets, ending balance	213,000,000	240,000,000
Fair value measurement [Abstract]
Fair value, plan assets	213,000,000	240,000,000		213,000,000	240,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Other Plan Investments [Member] \| Private Equity Funds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	1,063,000,000
Fair value of plan assets, ending balance	971,000,000	1,063,000,000
Fair value measurement [Abstract]
Fair value, plan assets	971,000,000	1,063,000,000		971,000,000	1,063,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Other Plan Investments [Member] \| Insurance Contracts [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, ending balance	1,000,000
Fair value measurement [Abstract]
Fair value, plan assets	1,000,000			1,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Other Plan Investments [Member] \| Derivatives with Unrealized Gains [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	14,000,000
Fair value of plan assets, ending balance	11,000,000	14,000,000
Fair value measurement [Abstract]
Fair value, plan assets	11,000,000	14,000,000		11,000,000	14,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| Other Plan Investments [Member] \| Derivatives with Unrealized Losses [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	(26,000,000)
Fair value of plan assets, ending balance	289,000,000	(26,000,000)
Fair value measurement [Abstract]
Fair value, plan assets	289,000,000	(26,000,000)		289,000,000	(26,000,000)
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1)
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	443,000,000
Fair value of plan assets, ending balance	281,000,000	443,000,000
Fair value measurement [Abstract]
Fair value, plan assets	281,000,000	443,000,000		281,000,000	443,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Cash and Cash Equivalents [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Equity Securities [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	436,000,000
Fair value of plan assets, ending balance	270,000,000	436,000,000
Fair value measurement [Abstract]
Fair value, plan assets	270,000,000	436,000,000		270,000,000	436,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Debt Securities [Member] \| US Treasury and Government [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Debt Securities [Member] \| Inflation Linked Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Debt Securities [Member] \| Investment Grade Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Debt Securities [Member] \| Global High Yield and Emerging Market Debt [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Absolute Return [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Real Estate [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Private Equity Funds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Insurance Contracts [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, ending balance	0
Fair value measurement [Abstract]
Fair value, plan assets	0			0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Derivatives with Unrealized Gains [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	7,000,000
Fair value of plan assets, ending balance	11,000,000	7,000,000
Fair value measurement [Abstract]
Fair value, plan assets	11,000,000	7,000,000		11,000,000	7,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Derivatives with Unrealized Losses [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, ending balance	0
Fair value measurement [Abstract]
Fair value, plan assets	0			0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2)
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	2,875,000,000
Fair value of plan assets, ending balance	3,020,000,000	2,875,000,000
Fair value measurement [Abstract]
Fair value, plan assets	3,020,000,000	2,875,000,000		3,020,000,000	2,875,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Cash and Cash Equivalents [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	126,000,000
Fair value of plan assets, ending balance	321,000,000	126,000,000
Fair value measurement [Abstract]
Fair value, plan assets	321,000,000	126,000,000		321,000,000	126,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Equity Securities [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	534,000,000
Fair value of plan assets, ending balance	528,000,000	534,000,000
Fair value measurement [Abstract]
Fair value, plan assets	528,000,000	534,000,000		528,000,000	534,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Debt Securities [Member] \| US Treasury and Government [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	749,000,000
Fair value of plan assets, ending balance	724,000,000	749,000,000
Fair value measurement [Abstract]
Fair value, plan assets	724,000,000	749,000,000		724,000,000	749,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Debt Securities [Member] \| Inflation Linked Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	667,000,000
Fair value of plan assets, ending balance	231,000,000	667,000,000
Fair value measurement [Abstract]
Fair value, plan assets	231,000,000	667,000,000		231,000,000	667,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Debt Securities [Member] \| Investment Grade Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	409,000,000
Fair value of plan assets, ending balance	449,000,000	409,000,000
Fair value measurement [Abstract]
Fair value, plan assets	449,000,000	409,000,000		449,000,000	409,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Debt Securities [Member] \| Global High Yield and Emerging Market Debt [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	122,000,000
Fair value of plan assets, ending balance	132,000,000	122,000,000
Fair value measurement [Abstract]
Fair value, plan assets	132,000,000	122,000,000		132,000,000	122,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Absolute Return [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	287,000,000
Fair value of plan assets, ending balance	345,000,000	287,000,000
Fair value measurement [Abstract]
Fair value, plan assets	345,000,000	287,000,000		345,000,000	287,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Real Estate [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Private Equity Funds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Insurance Contracts [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, ending balance	1,000,000
Fair value measurement [Abstract]
Fair value, plan assets	1,000,000			1,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Derivatives with Unrealized Gains [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	7,000,000
Fair value of plan assets, ending balance	0	7,000,000
Fair value measurement [Abstract]
Fair value, plan assets	0	7,000,000		0	7,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Derivatives with Unrealized Losses [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	(26,000,000)
Fair value of plan assets, ending balance	289,000,000	(26,000,000)
Fair value measurement [Abstract]
Fair value, plan assets	289,000,000	(26,000,000)		289,000,000	(26,000,000)
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3)
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	1,543,000,000
Fair value of plan assets, ending balance	1,462,000,000	1,543,000,000
Fair value measurement [Abstract]
Fair value, plan assets	1,462,000,000	1,543,000,000		1,462,000,000	1,543,000,000
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Fair value of plan assets, beginning period	1,543,000,000	1,430,000,000
Net Realized and Unrealized Gains/(Losses)	195,000,000	155,000,000
Net Purchases and Sales	(276,000,000)	(42,000,000)
Net Transfer Into/(Out of) Level 3	0	0
Fair value of plan assets, ending balance	1,462,000,000	1,543,000,000	1,430,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Inflation Linked Bonds [Member]
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Fair value of plan assets, beginning period	221,000,000	172,000,000
Net Realized and Unrealized Gains/(Losses)	39,000,000	49,000,000
Net Purchases and Sales	0	0
Net Transfer Into/(Out of) Level 3	0	0
Fair value of plan assets, ending balance	260,000,000	221,000,000	172,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Real Estate [Member]
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Fair value of plan assets, beginning period	240,000,000	293,000,000
Net Realized and Unrealized Gains/(Losses)	18,000,000	(34,000,000)
Net Purchases and Sales	(45,000,000)	(19,000,000)
Net Transfer Into/(Out of) Level 3	0	0
Fair value of plan assets, ending balance	213,000,000	240,000,000	293,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Private Equity Funds [Member]
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Fair value of plan assets, beginning period	1,063,000,000	958,000,000
Net Realized and Unrealized Gains/(Losses)	139,000,000	135,000,000
Net Purchases and Sales	(231,000,000)	(30,000,000)
Net Transfer Into/(Out of) Level 3	0	0
Fair value of plan assets, ending balance	971,000,000	1,063,000,000	958,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Cash and Cash Equivalents [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, ending balance	0
Fair value measurement [Abstract]
Fair value, plan assets	0			0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Equity Securities [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	19,000,000
Fair value of plan assets, ending balance	18,000,000	19,000,000
Fair value measurement [Abstract]
Fair value, plan assets	18,000,000	19,000,000		18,000,000	19,000,000
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Fair value of plan assets, beginning period	19,000,000	7,000,000
Net Realized and Unrealized Gains/(Losses)	(1,000,000)	5,000,000
Net Purchases and Sales	0	7,000,000
Net Transfer Into/(Out of) Level 3	0	0
Fair value of plan assets, ending balance	18,000,000	19,000,000	7,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Debt Securities [Member] \| US Treasury and Government [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Debt Securities [Member] \| Inflation Linked Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	221,000,000
Fair value of plan assets, ending balance	260,000,000	221,000,000
Fair value measurement [Abstract]
Fair value, plan assets	260,000,000	221,000,000		260,000,000	221,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Debt Securities [Member] \| Investment Grade Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Debt Securities [Member] \| Global High Yield and Emerging Market Debt [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Absolute Return [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Real Estate [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	240,000,000
Fair value of plan assets, ending balance	213,000,000	240,000,000
Fair value measurement [Abstract]
Fair value, plan assets	213,000,000	240,000,000		213,000,000	240,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Private Equity Funds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	1,063,000,000
Fair value of plan assets, ending balance	971,000,000	1,063,000,000
Fair value measurement [Abstract]
Fair value, plan assets	971,000,000	1,063,000,000		971,000,000	1,063,000,000
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Insurance Contracts [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Derivatives with Unrealized Gains [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
United States Pension Plans of US Entity, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Derivatives with Unrealized Losses [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member]
Change in Benefit Obligation [Roll Forward]
Projected benefit obligation, beginning period	3,636,000,000	3,527,000,000
Acquisitions/divestitures/other transfers	2,000,000	0
Service cost	16,000,000	14,000,000	14,000,000
Interest cost	180,000,000	177,000,000	178,000,000
Participant contributions	4,000,000	3,000,000
Plan amendments	(4,000,000)	45,000,000
Benefit payments	(226,000,000)	(218,000,000)
Actuarial loss	160,000,000	181,000,000
Curtailments	0	(5,000,000)
Settlements	(86,000,000)	(2,000,000)
Special termination benefits	1,000,000	1,000,000	5,000,000
Currency adjustments	(31,000,000)	(87,000,000)
Projected benefit obligation, period end	3,652,000,000	3,636,000,000	3,527,000,000
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	2,634,000,000	2,502,000,000
Acquisitions/divestitures	1,000,000	0
Actual gain on plan assets	47,000,000	320,000,000
Employer contributions	78,000,000	90,000,000
Participant contributions	4,000,000	3,000,000
Settlements	(86,000,000)	(2,000,000)
Benefit payments	(226,000,000)	(218,000,000)
Currency adjustments	(16,000,000)	(61,000,000)
Fair value of plan assets, ending balance	2,436,000,000	2,634,000,000	2,502,000,000
Amounts recognized in consolidated financial position [Abstract]
Other long-term assets				0	21,000,000
Accounts payable and other current liabilities				0	0
Pension and other postretirement liabilities				(1,216,000,000)	(1,023,000,000)
Net amount recognized				(1,216,000,000)	(1,002,000,000)
Information on funded and unfunded defined benefit plans with accumulated benefit obligation in excess of plan assets [Abstract]
Projected benefit obligation				3,652,000,000	3,210,000,000
Accumulated benefit obligation				3,584,000,000	3,124,000,000
Fair value of plan assets				2,436,000,000	2,187,000,000
Amounts recognized in accumulated other comprehensive loss for all funded and unfunded defined benefit plans [Abstract]
Prior service cost (credit)				26,000,000	38,000,000
Net actuarial loss				1,663,000,000	1,423,000,000
Total				$ 1,689,000,000	$ 1,461,000,000
Newly established loss	322,000,000	71,000,000
Newly established prior service cost	(4,000,000)	42,000,000
Amortization of [Abstract]
Prior service cost	(4,000,000)	(1,000,000)
Net actuarial loss	(52,000,000)	(37,000,000)
Prior service cost recognized due to curtailment	(4,000,000)	1,000,000
Net curtailment gain not recognized in expense		0
Net loss recognized in expense due to settlements	(10,000,000)	(1,000,000)
Transfers	1,000,000	2,000,000
Total amount recognized in Other comprehensive loss	249,000,000	77,000,000
Prior service cost	4,000,000	1,000,000	0
Actuarial loss	52,000,000	37,000,000	13,000,000
Pension (income) expense before special termination benefits, curtailments and settlements	43,000,000	19,000,000	(1,000,000)
Special termination benefits	1,000,000	1,000,000	5,000,000
Curtailment gains	4,000,000	(7,000,000)	(1,000,000)
Settlement losses	10,000,000	1,000,000	1,000,000
Net pension (income) expense for major defined benefit plans	58,000,000	14,000,000	4,000,000
Other plans including unfunded plans	12,000,000	11,000,000	6,000,000
Net pension (income) expense from continuing operations	70,000,000	25,000,000	10,000,000
Major defined benefit plans periodic benefit cost [Abstract]
Service cost	16,000,000	14,000,000	14,000,000
Interest cost	180,000,000	177,000,000	178,000,000
Expected return on plan assets	(209,000,000)	(210,000,000)	(206,000,000)
Special termination benefits incurred due to restructuring actions	(1,000,000)	(1,000,000)	(5,000,000)
Curtailment gains incurred due to restructuring actions	$ (4,000,000)	$ 7,000,000	$ 1,000,000
Weighted-average assumption used to determine benefit obligation amounts [Abstract]
Discount rate (in hundredths)				4.37%	4.92%
Salary increase rate (in hundredths)				2.99%	3.88%
Weighted-average assumptions used to determine net pension (income) expense [Abstract]
Discount rate (in hundredths)	4.95%	5.17%	5.90%
Salary increase rate (in hundredths)	3.89%	3.87%	3.45%
Expected long-term rate of return on plan assets (in hundredths)	7.79%	7.76%	7.30%
Weighted-average asset allocation by asset category [Abstract]
Equity securities (in hundredths)				16.00%	19.00%
Debt securities (in hundredths)				46.00%	43.00%
Real estate (in hundredths)				3.00%	3.00%
Cash (in hundredths)				4.00%	7.00%
Other (in hundredths)				31.00%	28.00%
Total (in hundredths)				100.00%	100.00%
Weighted-average asset target allocation by asset category [Abstract]
Equity securities, minimum, (in hundredths)	12.00%
Equity securities, maximum, (in hundredths)	19.00%
Debt securities, minimum, (in hundredths)	44.00%
Debt securities, maximum, (in hundredths)	52.00%
Real estate, minimum, (in hundredths)	0.00%
Real estate, maximum, (in hundredths)	9.00%
Cash, minimum, (in hundredths)	0.00%
Cash, maximum, (in hundredths)	6.00%
Other, minimum, (in hundredths)	27.00%
Other, maximum, (in hundredths)	37.00%
Fair value measurement [Abstract]
Fair value, plan assets	$ 2,634,000,000	$ 2,634,000,000	$ 2,502,000,000	$ 2,436,000,000	$ 2,634,000,000	2,502,000,000
Exposures gained from the use of equity securities derivatives(in hundredths)
Exposures gained from the of use of government bonds derivatives (in hundredths)
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Expected employer contribution to the plan						$ 82,000,000
Pension benefit payments which reflect expected future services expected to be paid from the plans [Abstract]
2011				201,000,000
2012				197,000,000
2013				194,000,000
2014				191,000,000
2015				189,000,000
2016-2020				944,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Cash and Cash Equivalents [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	173,000,000
Fair value of plan assets, ending balance	103,000,000	173,000,000
Fair value measurement [Abstract]
Fair value, plan assets	103,000,000	173,000,000		103,000,000	173,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Equity Securities [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	497,000,000
Fair value of plan assets, ending balance	406,000,000	497,000,000
Fair value measurement [Abstract]
Fair value, plan assets	406,000,000	497,000,000		406,000,000	497,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Debt Securities [Member] \| US Treasury and Government [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	413,000,000
Fair value of plan assets, ending balance	186,000,000	413,000,000
Fair value measurement [Abstract]
Fair value, plan assets	186,000,000	413,000,000		186,000,000	413,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Debt Securities [Member] \| Inflation Linked Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	338,000,000
Fair value of plan assets, ending balance	613,000,000	338,000,000
Fair value measurement [Abstract]
Fair value, plan assets	613,000,000	338,000,000		613,000,000	338,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Debt Securities [Member] \| Investment Grade Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	111,000,000
Fair value of plan assets, ending balance	130,000,000	111,000,000
Fair value measurement [Abstract]
Fair value, plan assets	130,000,000	111,000,000		130,000,000	111,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Debt Securities [Member] \| Global High Yield and Emerging Market Debt [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	203,000,000
Fair value of plan assets, ending balance	226,000,000	203,000,000
Fair value measurement [Abstract]
Fair value, plan assets	226,000,000	203,000,000		226,000,000	203,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Other Plan Investments [Member] \| Absolute Return [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	76,000,000
Fair value of plan assets, ending balance	147,000,000	76,000,000
Fair value measurement [Abstract]
Fair value, plan assets	147,000,000	76,000,000		147,000,000	76,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Other Plan Investments [Member] \| Real Estate [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	81,000,000
Fair value of plan assets, ending balance	64,000,000	81,000,000
Fair value measurement [Abstract]
Fair value, plan assets	64,000,000	81,000,000		64,000,000	81,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Other Plan Investments [Member] \| Private Equity Funds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	303,000,000
Fair value of plan assets, ending balance	314,000,000	303,000,000
Fair value measurement [Abstract]
Fair value, plan assets	314,000,000	303,000,000		314,000,000	303,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Other Plan Investments [Member] \| Insurance Contracts [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	378,000,000
Fair value of plan assets, ending balance	339,000,000	378,000,000
Fair value measurement [Abstract]
Fair value, plan assets	339,000,000	378,000,000		339,000,000	378,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Other Plan Investments [Member] \| Derivatives with Unrealized Gains [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	4,000,000
Fair value of plan assets, ending balance		4,000,000
Fair value measurement [Abstract]
Fair value, plan assets	4,000,000	4,000,000			4,000,000
Foreign Pension Plans, Defined Benefit [Member] \| Other Plan Investments [Member] \| Derivatives with Unrealized Losses [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	(8,000,000)
Fair value of plan assets, ending balance		(8,000,000)
Fair value measurement [Abstract]
Fair value, plan assets	(8,000,000)	(8,000,000)			(8,000,000)
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1)
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	78,000,000
Fair value of plan assets, ending balance	58,000,000	78,000,000
Fair value measurement [Abstract]
Fair value, plan assets	58,000,000	78,000,000		58,000,000	78,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Derivatives with Unrealized Losses [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Cash and Cash Equivalents [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Equity Securities [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	77,000,000
Fair value of plan assets, ending balance	58,000,000	77,000,000
Fair value measurement [Abstract]
Fair value, plan assets	58,000,000	77,000,000		58,000,000	77,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Debt Securities [Member] \| US Treasury and Government [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Debt Securities [Member] \| Inflation Linked Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Debt Securities [Member] \| Investment Grade Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Debt Securities [Member] \| Global High Yield and Emerging Market Debt [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Absolute Return [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Real Estate [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Private Equity Funds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Insurance Contracts [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 1) \| Other Plan Investments [Member] \| Derivatives with Unrealized Gains [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	1,000,000
Fair value of plan assets, ending balance		1,000,000
Fair value measurement [Abstract]
Fair value, plan assets	1,000,000	1,000,000			1,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2)
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	2,113,000,000
Fair value of plan assets, ending balance	2,103,000,000	2,113,000,000
Fair value measurement [Abstract]
Fair value, plan assets	2,103,000,000	2,113,000,000		2,103,000,000	2,113,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Cash and Cash Equivalents [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	173,000,000
Fair value of plan assets, ending balance	103,000,000	173,000,000
Fair value measurement [Abstract]
Fair value, plan assets	103,000,000	173,000,000		103,000,000	173,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Equity Securities [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	420,000,000
Fair value of plan assets, ending balance	348,000,000	420,000,000
Fair value measurement [Abstract]
Fair value, plan assets	348,000,000	420,000,000		348,000,000	420,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Debt Securities [Member] \| US Treasury and Government [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	413,000,000
Fair value of plan assets, ending balance	186,000,000	413,000,000
Fair value measurement [Abstract]
Fair value, plan assets	186,000,000	413,000,000		186,000,000	413,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Debt Securities [Member] \| Inflation Linked Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	338,000,000
Fair value of plan assets, ending balance	613,000,000	338,000,000
Fair value measurement [Abstract]
Fair value, plan assets	613,000,000	338,000,000		613,000,000	338,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Debt Securities [Member] \| Investment Grade Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	111,000,000
Fair value of plan assets, ending balance	130,000,000	111,000,000
Fair value measurement [Abstract]
Fair value, plan assets	130,000,000	111,000,000		130,000,000	111,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Debt Securities [Member] \| Global High Yield and Emerging Market Debt [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	203,000,000
Fair value of plan assets, ending balance	226,000,000	203,000,000
Fair value measurement [Abstract]
Fair value, plan assets	226,000,000	203,000,000		226,000,000	203,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Absolute Return [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	76,000,000
Fair value of plan assets, ending balance	147,000,000	76,000,000
Fair value measurement [Abstract]
Fair value, plan assets	147,000,000	76,000,000		147,000,000	76,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Real Estate [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	4,000,000
Fair value of plan assets, ending balance	9,000,000	4,000,000
Fair value measurement [Abstract]
Fair value, plan assets	9,000,000	4,000,000		9,000,000	4,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Private Equity Funds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	2,000,000
Fair value of plan assets, ending balance	2,000,000	2,000,000
Fair value measurement [Abstract]
Fair value, plan assets	2,000,000	2,000,000		2,000,000	2,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Insurance Contracts [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	378,000,000
Fair value of plan assets, ending balance	339,000,000	378,000,000
Fair value measurement [Abstract]
Fair value, plan assets	339,000,000	378,000,000		339,000,000	378,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Derivatives with Unrealized Gains [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	3,000,000
Fair value of plan assets, ending balance		3,000,000
Fair value measurement [Abstract]
Fair value, plan assets	3,000,000	3,000,000			3,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 2) \| Other Plan Investments [Member] \| Derivatives with Unrealized Losses [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	(8,000,000)
Fair value of plan assets, ending balance		(8,000,000)
Fair value measurement [Abstract]
Fair value, plan assets	(8,000,000)	(8,000,000)			(8,000,000)
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3)
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	443,000,000
Fair value of plan assets, ending balance	367,000,000	443,000,000
Fair value measurement [Abstract]
Fair value, plan assets	367,000,000	443,000,000		367,000,000	443,000,000
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Fair value of plan assets, beginning period	443,000,000	398,000,000
Net Realized and Unrealized Gains/(Losses)	(5,000,000)	27,000,000
Net Purchases and Sales	(71,000,000)	18,000,000
Net Transfer Into/(Out of) Level 3	(54,000,000)	0
Fair value of plan assets, ending balance	313,000,000	443,000,000	$ 398,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Inflation Linked Bonds [Member]
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Fair value of plan assets, beginning period	65,000,000	57,000,000
Net Realized and Unrealized Gains/(Losses)	(42,000,000)	8,000,000
Net Purchases and Sales	(23,000,000)	0
Net Transfer Into/(Out of) Level 3	(54,000,000)	0
Fair value of plan assets, ending balance	(54,000,000)	65,000,000	57,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Real Estate [Member]
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Fair value of plan assets, beginning period	77,000,000	99,000,000
Net Realized and Unrealized Gains/(Losses)	(7,000,000)	(13,000,000)
Net Purchases and Sales	(15,000,000)	(9,000,000)
Net Transfer Into/(Out of) Level 3	0	0
Fair value of plan assets, ending balance	55,000,000	77,000,000	99,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Private Equity Funds [Member]
Reconciliation of assets measured with significant unobservable input [Roll Forward]
Fair value of plan assets, beginning period	301,000,000	242,000,000
Net Realized and Unrealized Gains/(Losses)	44,000,000	32,000,000
Net Purchases and Sales	(33,000,000)	27,000,000
Net Transfer Into/(Out of) Level 3	0	0
Fair value of plan assets, ending balance	312,000,000	301,000,000	$ 242,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Cash and Cash Equivalents [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Equity Securities [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Debt Securities [Member] \| US Treasury and Government [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Debt Securities [Member] \| Inflation Linked Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Debt Securities [Member] \| Investment Grade Bonds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Debt Securities [Member] \| Global High Yield and Emerging Market Debt [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Absolute Return [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Real Estate [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	77,000,000
Fair value of plan assets, ending balance	55,000,000	77,000,000
Fair value measurement [Abstract]
Fair value, plan assets	55,000,000	77,000,000		55,000,000	77,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Private Equity Funds [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	301,000,000
Fair value of plan assets, ending balance	312,000,000	301,000,000
Fair value measurement [Abstract]
Fair value, plan assets	312,000,000	301,000,000		312,000,000	301,000,000
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Insurance Contracts [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Derivatives with Unrealized Gains [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	0	0		0	0
Foreign Pension Plans, Defined Benefit [Member] \| (Level 3) \| Other Plan Investments [Member] \| Derivatives with Unrealized Losses [Member]
Change in Plan Assets [Roll Forward]
Fair value of plan assets, beginning period	0
Fair value of plan assets, ending balance	0	0
Fair value measurement [Abstract]
Fair value, plan assets	$ 0	$ 0		$ 0	$ 0

OTHER POSTRETIREMENT BENEFITS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2008	Aug. 01, 2008
Amortization of [Abstract]
Curtailment losses (gains)	$ 3
Settlement gains	1
Other Postretirement Benefit Plans, Defined Benefit [Member]
Compensation Related Costs, Other Post-Retirement Benefits, Schedule of Defined Benefit Plans Disclosures [Line Items]
Eligibility age for the plan		55Y
The required service eligibility period for eligible for the plan		10Y
Combined age plus service period required to be eligible for the plan		75Y
Reduction in company's contribution towards retiree medical coverage (in hundredths)					1.00%
Phase out period of company's contribution towards retiree medical coverage (in years)				10Y
Changes in benefit obligations and funded status [Abstract]
Projected benefit obligation, beginning period	1,386	$ 1,404
Service cost	2	1	$ 1
Interest cost	64	72	92
Plan participants' contributions	20	9
Plan amendments	(23)	(29)
Actuarial (gain) loss	(5)	95
Benefit payments	(135)	(168)
Currency adjustments	(1)	2
Projected benefit obligation, period end	1,308	1,386	1,404
Underfunded status at end of year [Abstract]
Underfunded status at end of year	(1,308)	(1,386)
Amounts recognized in consolidated statement of financial position [Abstract]
Other current liabilities	(123)	(133)
Pension and other postretirement liabilities	(1,185)	(1,253)
Net amount recognized	(1,308)	(1,386)
Amounts recognized in accumulated other comprehensive loss [Abstract]
Prior service credit	771	829
Net actuarial loss	(496)	(535)
Total	275	294
Change in benefit obligations recognized in other comprehensive loss [Abstract]
Newly established loss	(5)	95
Newly established prior service credit	(23)	(29)
Amortization of [Abstract]
Prior service credit	80	76
Net loss	(33)	(28)
Prior service credit recognized due to curtailment		0
Total	19	114
Prior service credit	(80)	(76)	(71)
Actuarial loss	33	28	22
Other postretirement benefit cost before curtailments and settlements	19	25	44
Curtailment losses (gains)	0	0	1
Settlement gains	0	0
Components of net postretirement benefit cost [Abstract]
Service cost	2	1	1
Interest cost	64	72	92
Net pension (income) expense from continuing operations	$ 19	25	$ 45
Prior service credit to be amortized into net periodic benefit cost over next year		80
Net actuarial loss estimated to be amortized into net periodic benefit cost over next year		$ 31
The percentage of domestic plan to the total other postretirement net benefit obligation (in hundredths)		94.00%	93.00%
Weighted-average assumptions used to determine the net benefit obligation [Abstract]
Discount rate (in hundredths)	5.50%	5.03%
Salary increase rate (in hundredths)	4.06%	3.84%
Weighted-average assumption used to determine net postretirement benefit cost [Abstract]
Discount rate (in hundredths)	7.00%	5.93%	6.59%
Salary increase rate (in hundredths)	4.10%	3.90%	3.96%
Weighted-average assumed healthcare cost trend rates used to compute other postretirement amounts [Abstract]
Healthcare cost trend (in hundredths)	8.00%	7.50%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) (in hundredths)	5.00%	5.00%
Year that the rate reaches the ultimate trend rate (in hundredths)	2017	2016
Effect of a one-percentage point change in assumed healthcare cost trend rates [Abstract]
Effect of 1% increase on total service and interest cost	$ 1
Effect of 1% increase on postretirement benefit obligation	21
Effect of 1% decrease on total service and interest cost	(1)
Effect of 1% decrease on postretirement benefit obligation	(18)
Other postretirement benefits future expected payments [Abstract]
2012	119
2013	112
2014	108
2015	103
2016	99
2017-2021	443
Portion of net benefit obligation related to certain retiree Medicare supplemental benefits the Company is requesting approval to terminate	$ 220

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Details) - USD ($) $ in Millions	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
ACCUMULATED OTHER COMPREHENSIVE (LOSS) [Abstract]
Unrealized holding gains related to available-for-sale securities	$ 1	$ 0	$ 0
Realized and unrealized gains (losses) from hedging activity, net of tax	(7)	2	6
Currency translation adjustments	333	315	235
Pension and other postretirement benefit plan obligation activity, net of tax	(2,993)	(2,452)	(2,001)
Total accumulated other comprehensive (loss)	$ (2,666)	$ (2,135)	$ (1,760)

The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost.

Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 18, 19, 22, 23, 24, 25, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 52
-Paragraph 12, 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 52
-Paragraph 31
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e637-108580

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6915805&loc=d3e32022-110900

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
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-Paragraph 14
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e653-108580

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

STOCK OPTION AND COMPENSATION PLANS (Details) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2011 USD ($) $ / shares shares	Dec. 31, 2010 USD ($) $ / shares shares	Dec. 31, 2009 USD ($) $ / shares shares	Mar. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense \| $	$ 20	$ 21	$ 20
Grant date exercise price of stock options percentage of the fair market value per share, minimum (in hundredths)		100.00%
Grant date stock incentive plans vesting period (in years)		3Y
2005 Omnibus Long-Term Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock eligible that may be granted by plan (in shares) \| shares	11,000,000
Grant date incentive stock options expiration period (in years)	7
2000 Omnibus Long Term Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock eligible that may be granted by plan (in shares) \| shares	22,000,000
Grant date incentive stock options expiration period (in years)	10
1995 Omnibus Long Term Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock eligible that may be granted by plan (in shares) \| shares	22,000,000
Grant date incentive stock options expiration period (in years)	10
Stock Options [Member] \| Range of Exercise Prices at least $2-Less than $10 [Member]
Options Outstanding [Abstract]
Options outstanding (in shares) \| shares	6,033
Weighted-average remaining contractual life (in years)	4.70
Weighted-average exercise price (per share)	$ 5.27
Options Exercisable [Abstract]
Options exercisable (in shares) \| shares	2,991
Weight-average exercise price (per share)	$ 6.83
Stock Options [Member] \| Range of Exercise Prices at least $10-Less than $30 [Member]
Options Outstanding [Abstract]
Options outstanding (in shares) \| shares	4,042
Weighted-average remaining contractual life (in years)	1.51
Weighted-average exercise price (per share)	$ 24.63
Options Exercisable [Abstract]
Options exercisable (in shares) \| shares	4,042
Weight-average exercise price (per share)	$ 24.63
Stock Options [Member] \| Range of Exercise Prices at least $30-Less than $40 [Member]
Options Outstanding [Abstract]
Options outstanding (in shares) \| shares	3,535
Weighted-average remaining contractual life (in years)	0.93
Weighted-average exercise price (per share)	$ 35.57
Options Exercisable [Abstract]
Options exercisable (in shares) \| shares	3,535
Weight-average exercise price (per share)	$ 35.57
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense \| $	$ 3	$ 4	$ 5
Shares Under Option [Abstract]
Outstanding, Beginning Balance (in shares) \| shares	18,030	23,520	25,207
Granted (in shares) \| shares	2,179	300	1,229
Exercised (in shares) \| shares	0	0	0
Terminated, Expired, Surrendered (in shares) \| shares	6,599	5,790	2,916
Outstanding, Ending Balance (in shares) \| shares	13,610	18,030	23,520
Exercisable (in shares) \| shares	10,568	16,036	20,018
Range of Price Per Share [Abstract]
Outstanding, Beginning Balance, Lower Range Limit (per shares)	$ 2.64	$ 2.64	$ 7.41
Granted, Lower Range Limit (per share)	2.82	3.96	2.64
Terminated, Expired, Surrendered, Lower Range Limit (per share)	3.40	7.41	7.41
Outstanding, Ending Balance, Lower Range Limit (per share)	2.64	2.64	2.64
Exercisable, Lower Range Limit (in dollars per share)	2.64	2.64	7.41
Outstanding, Beginning Balance, Upper Range Limit (per share)	48.34	65.91	79.63
Granted, Upper Range Limit (per share)	5.22	5.96	6.76
Terminated, Expired, Surrendered, Upper Range Limit (per share)	65.91	65.91	79.63
Outstanding, Ending Balance, Upper Range Limit (per share)	38.04	48.34	65.91
Exercisable, Upper Range Limit (per share)	38.04	48.34	65.91
Weighted-Average Exercise Price Per Share [Abstract]
Outstanding, Beginning Balance (per share)	25.22	28.55	31.71
Granted (per share)	3.41	4.17	4.61
Terminated, Expired, Surrendered (per share)	31.07	37.68	45.73
Outstanding, Ending Balance (per share)	18.89	25.22	28.55
Exercisable (per share)	$ 23.25	$ 27.64	$ 31.96
Weighted-average remaining contractual term of all options outstanding (in years)				2.78
Weighted-average remaining contractual term of all options exercisable (in years)	1.92
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Weighted-average risk-free interest rate (in hundredths)	2.48%	1.50%	2.63%
Risk-free interest rates, minimum (in hundredths)	2.20%	1.50%	1.90%
Risk-free interest rates, maximum (in hundredths)	2.50%	2.90%	2.70%
Weighted-average expected option lives (in years)	6	6	6
Expected option lives, minimum (in years)	6	6	6
Weighted-average volatility (in hundredths)	59.00%	57.00%	45.00%
Expected volatilities, minimum (in hundredths)	59.00%	45.00%	45.00%
Expected volatilities, maximum (in hundredths)	60.00%	58.00%	45.00%
Weighted-average expected dividend yield (in hundredths)	0.00%	0.00%	0.40%
Expected dividend yields, minimum (in hundredths)	0.00%	0.00%	0.00%
Expected dividend yields, maximum (in hundredths)	0.00%		7.10%
Weighted-average fair value per option granted (per share)	$ 1.92	$ 2.16	$ 2.06
Unvested Stock and Performance Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense \| $	$ 17	$ 17	$ 15
Stock Appreciation Rights (SARs) [Member] \| 2005 Omnibus Long-Term Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Appreciation Rights, exercise price (per share)	$ 7.50
Stock Appreciation Rights (SARs) [Member] \| 2000 Omnibus Long Term Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
SARs outstanding under the stock incentive plans (in shares) \| shares	4,500
Stock Appreciation Rights, exercise price minimum range (per share)	$ 23.25
Stock Appreciation Rights, exercise price maximum range (per share)	$ 27.55
Unvested Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Unrecognized compensation cost \| $	$ 3
Unrecognized compensation cost expected weighted-average recognition period (in years)	1.7

ACQUISITIONS (Details) $ in Millions	12 Months Ended
ACQUISITIONS (Details) $ in Millions	Dec. 31, 2011 USD ($)
ACQUISITIONS [Abstract]
Aggregate purchase price of combined acquisitions	$ 27
Estimated fair value of the assets acquired and liabilities assumed at the date of acquisition that exceeded the purchase price	$ 5
Business acquisition	Tokyo Ohka Kogyo Co., Ltd
Purchase price, net of cash acquired	$ 27

In a business combination in which the amount of net identifiable assets acquired and liabilities assumed exceeds the aggregate consideration transferred or to be transferred (as defined), this element represents the amount of gain recognized by the entity.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph o(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 36, 37, 38
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 30
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6571-128477

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6911251&loc=d3e6527-128477

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6387-128476

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6393-128476

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
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-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6911189&loc=d3e6396-128476

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (f)(1)
-URI http://asc.fasb.org/extlink&oid=6911361&loc=d3e6927-128479

(Provision) benefit for income taxes related to discontinued operations

DISCONTINUED OPERATIONS (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2010

^[1]

Sep. 30, 2010

^[1]

Jun. 30, 2010

^[1]

Mar. 31, 2010

^[1]

Dec. 31, 2009

^[1]

Sep. 30, 2009

^[1]

Mar. 31, 2009

^[1]

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

DISCONTINUED OPERATIONS [Abstract]

$ 4

$ (10)

$ 8

All other items, net

(1)

(2)

(Loss) earnings from discontinued operations, net of income taxes

$ (11)

$ 0

$ (1)

$ 0

$ 3

$ (12)

$ 17

[1]	Refer to Note 23, "Discontinued Operations," in the Notes to Financial Statements for a discussion regarding earnings from discontinued operations.

Tax effect allocated to a disposal group that is classified as a component of the entity reported as a separate component of income before extraordinary items. Includes the tax effects of the following: income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32672-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b),(c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6909487&loc=d3e38679-109324

This element represents the overall income (loss) from a disposal group that is classified as a component of the entity, net of income tax, reported as a separate component of income before extraordinary items before deduction or consideration of the amount which may be allocable to noncontrolling interests, if any. Includes the following (net of tax): income (loss) from operations during the phase-out period, gain (loss) on disposal, provision (or any reversals of earlier provisions) for loss on disposal, and adjustments of a prior period gain (loss) on disposal.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 144
-Paragraph 47
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 15

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 13
-Article 7

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
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-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.12)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.14)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

EXTRAORDINARY ITEM (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended			12 Months Ended
EXTRAORDINARY ITEM (Details) - USD ($) $ in Millions	May 31, 2009	Dec. 31, 2009	Sep. 30, 2009	Mar. 31, 2009	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Extraordinary Item [Line Items]
Reduction of research and development costs					$ 274	$ 318	$ 351
Extraordinary gain net of tax		$ 0	$ 0	$ 0	$ 0	$ 0	$ 6
Earn-out period lapse - Nex-Press Solutions LLC acquisition [Member]
Extraordinary Item [Line Items]
Contingent consideration obligation reversal	$ (17)
Reduction of property, plant and equipment	(2)
Reduction of research and development costs	(7)
Extraordinary gain net of tax	$ 6

Description of the gains (losses), after tax, arising from an event or transaction that is both unusual in nature and infrequent in occurrence when considered in relation to the environment in which the entity operates and which represents the portion assigned to noncontrolling interest, if any. This amount is the income statement amount which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest).

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 11, 20, 24
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 35
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Article 5
-Section 03
-Paragraph 17

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 15
-Article 7

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph b(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6904752&loc=d3e14428-107780

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Extraordinary Items
-URI http://asc.fasb.org/extlink&oid=6512381

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6904752&loc=d3e14571-107780

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 20
-Section 45
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6909487&loc=d3e38679-109324

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.16)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.15)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.

Net sales from continuing operations [Abstract]

SEGMENT INFORMATION NET SALES FROM CONTINUING OPERATIONS (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2010

Sep. 30, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Sep. 30, 2009

Jun. 30, 2009

Mar. 31, 2009

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Consumer Digital Imaging Group [Member]

$ 1,942

$ 1,756

$ 1,555

$ 1,914

$ 1,753

$ 1,462

$ 1,485

$ 1,322

$ 6,022

^[1]

$ 7,167

^[1]

$ 7,609

^[1]

Net sales from continuing operations [Abstract]

Graphic Communications Group [Member]

1,739

2,731

2,626

Net sales from continuing operations [Abstract]

Film, Photofinishing and Entertainment Group [Member]

2,736

2,674

2,718

Net sales from continuing operations [Abstract]

Net sales from continuing operations [Abstract]

1,547

1,762

2,262

All Other [Member]

$ 0

$ 3

[1]	Sales are reported in the geographic area in which they originate.

SEGMENT INFORMATION EARNINGS (LOSS) FROM CONTINUING OPERATIONS (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2011	Mar. 31, 2010	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Earnings (loss) from continuing operations before interest expense, other income (charges), net and income taxes [Abstract]
Reportable segments-earnings			$ (506)	$ 273	$ 54
Restructuring costs, rationalization and other			(133)	(78)	(258)
Corporate Components of Pension and OPEB (Expense) Income			(28)	96	85
Other operating (expenses) income, net			67	(619)	88
Adjustments to contingencies and legal reserves/settlements			0	(8)	3
Interest expense			(156)	(149)	(119)
Loss on early extinguishment of debt	$ 71	$ 102	0	(102)	0
Other income (charges), net			(2)	26	30
Consolidated loss from continuing operations before income taxes			(758)	(561)	(117)
Consumer Digital Imaging Group [Member]
Earnings (loss) from continuing operations before interest expense, other income (charges), net and income taxes [Abstract]
Reportable segments-earnings			(349)	278	(10)
Graphic Communications Group [Member]
Earnings (loss) from continuing operations before interest expense, other income (charges), net and income taxes [Abstract]
Reportable segments-earnings			(191)	(95)	(107)
Film, Photofinishing and Entertainment Group [Member]
Earnings (loss) from continuing operations before interest expense, other income (charges), net and income taxes [Abstract]
Reportable segments-earnings			34	91	187
All Other [Member]
Earnings (loss) from continuing operations before interest expense, other income (charges), net and income taxes [Abstract]
Reportable segments-earnings			$ 0	$ (1)	$ (16)

SEGMENT INFORMATION TOTAL ASSETS BY SEGMENT (Details) - USD ($) $ in Millions	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Segment total assets [Abstract]
Reportable segments-assets	$ 3,301	$ 3,782	$ 4,923
Cash and marketable securities	867	1,628	2,031
Deferred income tax assets	510	815	728
All Other/ corporate items	0	1	0
Consolidated assets	4,678	6,226	7,682
Consumer Digital Imaging Group [Member]
Segment total assets [Abstract]
Reportable segments-assets	929	1,126	1,198
Graphic Communications Group [Member]
Segment total assets [Abstract]
Reportable segments-assets	1,459	1,566	1,734
Film, Photofinishing and Entertainment Group [Member]
Segment total assets [Abstract]
Reportable segments-assets	$ 913	$ 1,090	$ 1,991

SEGMENT INFORMATION OTHER SIGNIFICANT ITEMS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Intangible asset amortization expense from continuing operations [Abstract]
Consolidated intangible asset amortization expense	$ 41	$ 60	$ 73
Depreciation expense from continuing operations [Abstract]
Reportable segments-depreciation expense	243	312	332
Restructuring-related depreciation	10	6	22
Consolidated depreciation	253	318	354
Capital additions from continuing operations [Abstract]
Consolidated capital additions	128	149	152
Consumer Digital Imaging Group [Member]
Intangible asset amortization expense from continuing operations [Abstract]
Consolidated intangible asset amortization expense	0	0	0
Depreciation expense from continuing operations [Abstract]
Reportable segments-depreciation expense	81	89	86
Capital additions from continuing operations [Abstract]
Consolidated capital additions	52	59	61
Graphic Communications Group [Member]
Intangible asset amortization expense from continuing operations [Abstract]
Consolidated intangible asset amortization expense	41	58	71
Depreciation expense from continuing operations [Abstract]
Reportable segments-depreciation expense	87	85	94
Capital additions from continuing operations [Abstract]
Consolidated capital additions	62	64	67
Film, Photofinishing and Entertainment Group [Member]
Intangible asset amortization expense from continuing operations [Abstract]
Consolidated intangible asset amortization expense	0	2	2
Depreciation expense from continuing operations [Abstract]
Reportable segments-depreciation expense	75	136	151
Capital additions from continuing operations [Abstract]
Consolidated capital additions	14	26	23
All Other [Member]
Depreciation expense from continuing operations [Abstract]
Reportable segments-depreciation expense	0	2	1
Capital additions from continuing operations [Abstract]
Consolidated capital additions	$ 0	$ 0	$ 1

SEGMENT INFORMATION BY GEOGRAPHICAL AREAS (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 31, 2010

Sep. 30, 2010

Jun. 30, 2010

Mar. 31, 2010

Dec. 31, 2009

Sep. 30, 2009

Jun. 30, 2009

Mar. 31, 2009

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Property, plant and equipment to external customers [Abstract]

$ 1,942

$ 1,756

$ 1,555

$ 1,914

$ 1,753

$ 1,462

$ 1,485

$ 1,322

$ 6,022

^[1]

$ 7,167

^[1]

$ 7,609

^[1]

1,037

1,254

895

1,037

1,254

United States [Member]

Property, plant and equipment to external customers [Abstract]

^[1]

2,043

3,102

3,086

Europe, Middle East and Africa [Member]

664

819

554

664

819

Property, plant and equipment to external customers [Abstract]

^[1]

1,973

2,031

2,358

189

219

158

189

219

Asia Pacific [Member]

Property, plant and equipment to external customers [Abstract]

^[1]

1,239

1,234

1,298

Canada and Latin America [Member]

144

159

143

144

159

Property, plant and equipment to external customers [Abstract]

^[1]

767

800

867

Total Foreign Countries [Member]

Property, plant and equipment to external customers [Abstract]

^[1]

3,979

4,065

4,523