View Filing Data

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

NOTE 3: RECEIVABLES, NET

	June 30,		December 31,
(in millions)	2017		2016
Trade receivables	$	259	$	277
Miscellaneous receivables		39		34
Total (net of allowances of $9 as of June 30, 2017 and $8 as of December 31, 2016)	$	298	$	311

Approximately $23 million and $26 million of the total trade receivable amounts as of June 30, 2017 and December 31, 2016, respectively, will potentially be settled through customer deductions in lieu of cash payments. Such deductions represent rebates owed to customers and are included in Other current liabilities in the accompanying Consolidated Statement of Financial Position.

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Note 4 - Inventories, Net

6 Months Ended

Jun. 30, 2017

Inventory Disclosure [Text Block]

NOTE 4: INVENTORIES, NET

	June 30,		December 31,
(in millions)	2017		2016
Finished goods	$	177	$	149
Work in process		68		57
Raw materials		68		65
Total	$	313	$	271

Note 5 - Intangible Assets

6 Months Ended

Jun. 30, 2017

Intangible Assets Disclosure [Text Block]

NOTE 5: INTANGIBLE ASSETS

The gross carrying amount and accumulated amortization by major asset category as of June 30, 2017 and December 31, 2016 were as follows:

	June 30, 2017
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Weighted-Average Amortization Period
Technology-based	$	122	$	70	$	52	6 years
Kodak trade name		40		-		40	Indefinite life
Customer-related		26		12		14	6 years
Other		2		-		2	21 years
Total	$	190	$	82	$	108

	December 31, 2016
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Weighted-Average Amortization Period
Technology-based	$	122	$	57	$	65	6 years
Kodak trade name		40		-		40	Indefinite life
Customer-related		26		12		14	6 years
Other		2		-		2	21 years
Total	$	190	$	69	$	121

Amortization expense related to intangible assets was $5 million for both the three months ended June 30, 2017 and 2016 and $9 million and $10 million for the six months ended June 30, 2017 and 2016, respectively.

During the first quarter of 2017, Kodak recorded $4 million to adjust the Prosper intangible asset carrying value to the amount that would have been recorded had the Prosper intangible assets been continuously classified as held and used. Refer to Note 10, “Other Operating Expense (Income), net and Note 21, “Discontinued Operations”.

Estimated future amortization expense related to intangible assets that are currently being amortized as of June 30, 2017, is as follows:

(in millions)
Q3-Q4 2017	$	10
2018		16
2019		9
2020		8
2021		7
2022 and thereafter		18
Total	$	68

Note 6 - Other Current Liabilities

6 Months Ended

Jun. 30, 2017

Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

NOTE 6: OTHER CURRENT LIABILITIES

	June 30,		December 31,
(in millions)	2017		2016
Employee related liabilities	$	48	$	49
Deferred revenue		30		32
Customer rebates		23		27
Deferred consideration on disposed businesses		17		7
Restructuring liabilities		12		8
Workers compensation		9		8
Other		73		80
Total	$	212	$	211

Note 7 - Other Long-term Liabilities

6 Months Ended

Jun. 30, 2017

Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Noncurrent [Text Block]

NOTE 7: OTHER LONG-TERM LIABILITIES

	June 30,		December 31,
(in millions)	2017		2016
Workers compensation	$	103	$	105
Asset retirement obligations		43		43
Deferred taxes		16		16
Environmental liabilities		12		12
Deferred consideration on disposed businesses		14		24
Embedded conversion features derivative liability		7		43
Other		29		25
Total	$	224	$	268

Note 8 - Commitments and Contingencies	6 Months Ended
Note 8 - Commitments and Contingencies	Jun. 30, 2017
Disclosure Text Block [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 8: COMMITMENTS AND CONTINGENCIES As of June 30, 2017, the Company had outstanding letters of credit of $96 million issued under the Amended Credit Agreement, as well as bank guarantees and letters of credit of $4 million, surety bonds in the amount of $53 million, and restricted cash and deposits of $25 million, primarily to ensure the payment of possible casualty and workers’ compensation claims, environmental liabilities, legal contingencies and rental payments and to support various customs, tax and trade activities. The restricted cash and deposits are reflected in Restricted cash, Other current assets and Other long-term assets in the Consolidated Statement of Financial Position. Kodak’s Brazilian operations are involved in various litigation matters and have received or been the subject of numerous governmental assessments related to indirect and other taxes in various stages of litigation, as well as civil litigation and disputes associated with former employees and contract labor. The tax matters, which comprise the majority of the litigation matters, are primarily related to federal and state value-added taxes. Kodak is disputing these matters and intends to vigorously defend its position. Kodak 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 June 30, 2017, 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 $52 million. In connection with assessments in Brazil, local regulations may require Kodak to post security for a portion of the amounts in dispute. As of June 30, 2017, Kodak has posted security composed of $6 million of pledged cash reported within Restricted cash in the Consolidated Statement of Financial Position and liens on certain Brazilian assets with a net book value of approximately $72 million. Generally, any encumbrances on the Brazilian assets would be removed to the extent the matter is resolved in Kodak's favor. Kodak is involved in various lawsuits, claims, investigations, remediations and proceedings, including, from time to time, commercial, customs, employment, environmental, and health and safety matters, which are being handled and defended in the ordinary course of business. Kodak is also subject, from time to time, 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 Kodak’s products. These matters are in various stages of investigation and litigation and are being vigorously defended. Based on information currently available, Kodak does not believe that it is probable that the outcomes in any of these matters, individually or collectively, will have a material adverse effect on its financial position or results of operations. Litigation is inherently unpredictable, and judgments could be rendered or settlements entered that could adversely affect Kodak’s operating results or cash flows in a particular period. Kodak routinely assesses all of 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.

Note 9 - Guarantees

6 Months Ended

Jun. 30, 2017

Guarantees [Text Block]

NOTE 9: GUARANTEES

EKC guarantees obligations to third parties for some of its consolidated subsidiaries. The maximum amount guaranteed is $11 million and the outstanding amount for those guarantees is $4 million.

In connection with the settlement of certain of the Company’s historical environmental liabilities at Eastman Business Park, in the event the historical liabilities exceed $99 million, the Company will become liable for 50% of the portion above $99 million with no limitation to the maximum potential future payments. There is no liability recorded for this guarantee.

Extended Warranty Arrangements

Kodak offers its customers extended warranty arrangements that are generally one year, but may range from three months to six years after the original warranty period. Kodak provides repair services and routine maintenance under these arrangements. Kodak 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 Kodak’s deferred revenue balance in relation to these extended warranty and maintenance arrangements from December 31, 2016 to June 30, 2017, which is reflected in Other current liabilities in the accompanying Consolidated Statement of Financial Position, was as follows:

(in millions)
Deferred revenue on extended warranties as of December 31, 2016	$	24
New extended warranty and maintenance arrangements in 2017		67
Recognition of extended warranty and maintenance arrangement revenue in 2017		(68	)
Deferred revenue on extended warranties as of June 30, 2017	$	23

Note 10 - Other Operating Expense (Income), Net

6 Months Ended

Jun. 30, 2017

Other Operating Expense (Income) [Text Block]

NOTE 10: OTHER OPERATING EXPENSE (INCOME), NET

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(in millions)	2017		2016			2017			2016
(Income) expense:
Prosper asset remeasurement ⁽¹⁾	$	—	$	—		$	12		$	—
Asset impairments ^{(2) (3)}		2		1			2			25
Legal settlements ⁽⁴⁾		—		—			—			(10	)
Gain on sale of assets ⁽⁵⁾		—		(7	)		(2	)		(7	)
Total	$	2	$	(6	)	$	12		$	8

⁽¹⁾	In the first quarter of 2017, Kodak reduced the carrying value of Prosper fixed assets ($8 million) and intangible assets ($4 million) to the amount that would have been recorded had the Prosper assets been continuously classified as held and used. Refer to Note 21, “Discontinued Operations”.

⁽²⁾

In the first quarter of 2016, due to the exit of its position in silver metal mesh touch screen development, Kodak concluded that the carrying value of property, plant and equipment associated with those operations exceeded their fair value. Kodak recorded pre-tax impairment charges in the quarter and six months ended June 30, 2016 of $1 million and $12 million, respectively. Kodak also wrote off related intangible assets with a gross carrying amount of $14 million and accumulated amortization of $6 million and recorded an impairment charge of $8 million.

⁽³⁾	In the first quarter of 2016, Kodak concluded the carrying value of the Kodak trade name exceeded its fair value and recorded an impairment charge of $5 million related to the Kodak trade name.

⁽⁴⁾	In the first quarter of 2016, Kodak received $10 million representing net litigation proceeds from DuPont.

⁽⁵⁾

On June 30, 2016, Kodak sold certain assets of its brand protection business to eApeiron Solutions Inc. in exchange for cash consideration of approximately $6 million and an equity investment of 19.9%. Kodak is accounting for this investment under the equity method of accounting. Kodak recognized a gain of approximately $7 million on this transaction.

Note 11 - Other (Income) Charges, Net

6 Months Ended

Jun. 30, 2017

Other Nonoperating Income and Expense [Text Block]

NOTE 11: OTHER (INCOME) CHARGES, NET

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(in millions)	2017			2016		2017			2016
Change in fair value of embedded conversion features derivative liability ⁽¹⁾	$	(14	)	$	—	$	(36	)	$	—
Loss on foreign exchange transactions		3			1		4			2
Other		2			—		3			—
Total	$	(9	)	$	1	$	(29	)	$	2

⁽¹⁾	Refer to Note 22, “Financial Instruments”.

Note 12 - Income Taxes

6 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

NOTE 12: INCOME TAXES

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in millions)	2017			2016			2017			2016
Earnings from continuing operations before income taxes	$	11		$	15		$	21		$	8
Effective tax rate		36.4	%		40.0	%		33.3	%		162.5	%
Provision for income taxes		4			6			7			13
Provision for income taxes @ 35%		4			5			7			3
Difference between tax at effective vs. statutory rate	$	-		$	1		$	-		$	10

For the three months ended June 30, 2017, the difference between Kodak’s recorded provision and the provision that would result from applying the U.S. statutory rate of 35.0% is primarily attributable to: (1) the impact related to existing valuation allowances associated with changes in net deferred tax assets from current earnings and losses, (2) the results from operations in jurisdictions outside the U.S, (3) a benefit associated with foreign withholding taxes on undistributed earnings and (4) changes in audit reserves, including a settlement with a taxing authority in a location outside the U.S.

For the six months ended June 30, 2017, the difference between Kodak’s recorded provision and the provision that would result from applying the U.S. statutory rate of 35.0% is primarily attributable to: (1) the impact related to existing valuation allowances associated with changes in net deferred tax assets from current earnings and losses, (2) the results from operations in jurisdictions outside the U.S., (3) a provision associated with foreign withholding taxes on undistributed earnings and (4) changes in audit reserves, including a settlement with a taxing authority in a location outside the U.S.

For the three and six months ended June 30, 2016, the difference between Kodak’s recorded provision and the provision that would result from applying the U.S. statutory rate of 35.0% is primarily attributable to: (1) the impact related to existing valuation allowances associated with changes in net deferred tax assets from current earnings and losses, (2) the results from operations in jurisdictions outside the U.S., and (3) changes in audit reserves.

Note 13 - Restructuring Liabilities

6 Months Ended

Jun. 30, 2017

Restructuring And Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

NOTE 13: RESTRUCTURING LIABILITIES

Charges for restructuring activities are recorded in the period in which Kodak commits to a formalized restructuring plan, or executes the specific actions contemplated by the plan, and all criteria for liability recognition under the applicable accounting guidance have been met. Restructuring actions taken in the first half of 2017 were initiated to reduce Kodak’s cost structure as part of its commitment to drive sustainable profitability and included actions associated with the Prosper business cost reduction, voluntary workforce transition plans in the U.S., an office closure in Switzerland, as well as various targeted reductions in manufacturing, service, sales, research and development and other administrative functions.

Restructuring Reserve Activity

The activity in the accrued balances and the non-cash charges and credits incurred in relation to restructuring activities for the six months ended June 30, 2017 were as follows:

(in millions)	Severance Reserve ⁽¹⁾			Exit Costs Reserve ⁽¹⁾			Long-lived Asset Impairments and Inventory Write-downs ⁽¹⁾			Total
Balance as of December 31, 2016	$	5		$	3		$	—		$	8
Q1 charges		5			—			8			13
Q1 utilization/cash payments		(3	)		—			(8	)		(11	)
Q1 other adjustments and reclasses ⁽²⁾		(1	)		—			—			(1	)
Balance as of March 31, 2017	$	6		$	3		$	—		$	9
Q2 charges	$	8		$	3		$	—		$	11
Q2 utilization/cash payments		(3	)		(1	)		—			(4	)
Q2 other adjustments and reclasses ⁽³⁾		(4	)		—			—			(4	)
Balance as of June 30, 2017	$	7		$	5		$	—		$	12

⁽¹⁾	The severance and exit costs reserves require the outlay of cash, while long-lived asset impairments and inventory write-downs represent non-cash items.

⁽²⁾	The $(1) million represents severance related charges for pension plan special termination benefits, which are reflected in Pension and other postretirement liabilities in the Consolidated Statement of Financial Position.

⁽³⁾	The $(4) million includes $(5) million of severance related charges for pension plan special termination benefits, which were reclassified to Pension and other postretirement liabilities, and $1 million of foreign currency translation adjustments.

For the three months ended June 30, 2017 the $11 million of charges were reported as Restructuring costs and other in the Consolidated Statement of Operations.

The severance costs for the three months ended June 30, 2017 related to the elimination of approximately 100 positions including approximately 50 manufacturing/service positions, and 50 administrative positions. The geographic composition of these positions includes approximately 75 in the United States and Canada and 25 throughout the rest of the world.

For the six months ended June 30, 2017 the $24 million of charges includes $6 million of charges for inventory write-downs which were reported in Cost of revenues in the Consolidated Statement of Operations. The remaining $18 million was reported as Restructuring costs and other.

The severance costs for the six months ended June 30, 2017 related to the elimination of approximately 200 positions including approximately 75 manufacturing/service positions, 25 research and development positions and 100 administrative positions. The geographic composition of these positions includes approximately 125 in the United States and Canada and 75 throughout the rest of the world.

As a result of these initiatives, the majority of the severance will be paid during periods through the first quarter of 2018. However, in some 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 the remainder of 2017 and beyond.

Note 14 - Retirement Plans and Other Postretirement Benefits

6 Months Ended

Jun. 30, 2017

Pension and Other Postretirement Benefits Disclosure [Text Block]

NOTE 14: RETIREMENT PLANS AND OTHER POSTRETIREMENT BENEFITS

Components of the net periodic benefit cost for all major U.S. and Non-U.S. defined benefit plans are as follows:

	Three Months Ended												Six Months Ended
	June 30,												June 30,
	2017						2016						2017						2016
(in millions)	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Major defined benefit plans:
Service cost	$	3		$	1		$	3		$	—		$	6		$	2		$	6		$	1
Interest cost		28			3			28			4			57			6			58			7
Expected return on plan assets		(61	)		(6	)		(66	)		(7	)		(122	)		(13	)		(131	)		(14	)
Amortization of:
Prior service credit		(1	)		—			(1	)		—			(3	)		—			(3	)		—
Actuarial loss		—			—			2			—			—			1			2			—
Net pension income before special termination benefits		(31	)		(2	)		(34	)		(3	)		(62	)		(4	)		(68	)		(6	)
Special termination benefits		5			—			2			—			6			—			3			—
Net pension income		(26	)		(2	)		(32	)		(3	)		(56	)		(4	)		(65	)		(6	)
Other plans		—			1			—			—			—			1			—			(1	)
Total net pension income	$	(26	)	$	(1	)	$	(32	)	$	(3	)	$	(56	)	$	(3	)	$	(65	)	$	(7	)

For both the three-and six months ended June 30, 2017 and 2016 the special termination benefits charges were incurred as a result of Kodak’s restructuring actions.

Note 15 - Redeemable, Convertible Series A Preferred Stock	6 Months Ended
	Jun. 30, 2017
Temporary Equity Disclosure [Abstract]
Redeemable, Convertible Series A Preferred Stock [Text Block]	NOTE 15: REDEEMABLE, CONVERTIBLE SERIES A PREFERRED STOCK On November 15, 2016, the Company issued 2,000,000 shares of 5.50% Series A Convertible Preferred Stock, no par value per share (the “Series A Preferred Stock”), for an aggregate purchase price of $200 million, or $100 per share. The Company has classified the Series A Preferred Stock as temporary equity in the Consolidated Statement of Financial Position. Kodak allocated $43 million of the net proceeds received to a derivative liability based on the aggregate fair value of the embedded conversion features on the date of issuance which reduced the net carrying value of the Series A Preferred Stock (see Note 22, “Financial Instruments”). The carrying value of the Series A Preferred Stock at the time of issuance, $155 million ($200 million aggregate gross proceeds less $43 million allocated to the derivative liability and $2 million in transaction costs), is being accreted to the mandatory redemption amount using the effective interest method to Additional paid in capital in the Consolidated Statement of Financial Position as a deemed dividend from the date of issuance through the mandatory redemption date, November 15, 2021. The holders of Series A Preferred Stock are entitled to cumulative dividends payable quarterly in cash at a rate of 5.50% per annum. The Company declared a cash dividend of approximately $3 million in June 2017, which was paid on July 17, 2017. The accrual for the cash dividend declared is included in Other current liabilities in the accompanying Consolidated Statement of Financial Position as of June 30, 2017. As of June 30, 2017, the Series A Preferred Stock has not been converted and none of the antidilution provisions have been triggered. Any shares of Series A Preferred Stock not converted prior to the fifth anniversary of the initial issuance of the Series A Preferred Stock are required to be redeemed at $100 per share plus the amount of accrued and unpaid dividends.

Note 16 - Earnings Per Share

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Text Block]

NOTE 16: EARNINGS PER SHARE

Basic earnings per share computations are based on the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share include any dilutive effect of potential common shares. In periods with a net loss from continuing operations, diluted earnings per share are calculated using weighted-average basic shares for that period, as utilizing diluted shares would be anti-dilutive to loss per share.

A reconciliation of the amounts used to calculate basic and diluted earnings per share for the three and six months ended June 30, 2017 follows: (in millions):

	Three Months Ended			Six Months Ended
	June 30, 2017			June 30, 2017
Earnings from continuing operations attributable to Eastman Kodak Company	$	7		$	14
Less: Series A convertible preferred stock cash dividend		(3	)		(6	)
Less: Series A convertible preferred stock deemed dividend		(2	)		(4	)
Earnings from continuing operations available to common shareholders - basic and diluted	$	2		$	4

Earnings from net earnings attributable to Eastman Kodak Company	$	4		$	11
Less: Series A convertible preferred stock cash dividend		(3	)		(6	)
Less: Series A convertible preferred stock deemed dividend		(2	)		(4	)
(Loss) earnings from net earnings available to common shareholders - basic and diluted	$	(1	)	$	1

Weighted-average common shares outstanding - basic	42.5	42.5
Effect of dilutive securities:
Unvested restricted stock units	0.2	0.2
Weighted-average common shares outstanding - diluted	42.7	42.7

The computation of diluted earnings per share for the three and six months ended June 30, 2017 excluded the impact of (1) the assumed conversion of 2.0 million shares of Series A convertible preferred shares, (2) the assumed conversion of net share settled warrants to purchase 1.8 million shares of common stock at an exercise price of $14.93, (3) the assumed conversion of net share settled warrants to purchase 1.8 million shares of common stock at an exercise price of $16.12 and (4) the assumed conversion of 2.6 million outstanding employee stock options because they would have been anti-dilutive.

Weighted-average basic shares outstanding were 42.2 million for the three and six month periods ended June 30, 2016.

Weighted average diluted shares were 42.6 million for the three-month period ended June 30, 2016 and included the dilutive effect of 0.4 million unvested restricted stock units.

As a result of the net loss from continuing operations for the six months ended June 30, 2016, Kodak calculated earnings per share using weighted-average basic shares outstanding for the period. If Kodak had reported earnings from continuing operations for the six months ended June 30, 2016, Kodak would have included the dilutive effect of 0.2 million unvested restricted stock units.

The computation of diluted earnings per share for the three and six months ended June 30, 2016 excluded the impact of the assumed conversion of net share settled warrants to purchase (a) 1.8 million shares of common shares at an exercise price of $14.93 and (b) 1.8 million shares of common shares at an exercise price of $16.12 because they would have been anti-dilutive. Outstanding stock options of 1.7 million for the three and six months ended June 30, 2016 were not included in the computation of diluted earnings per share as they would also have been anti-dilutive.

Note 17 - Shareholders' Equity	6 Months Ended
Note 17 - Shareholders' Equity	Jun. 30, 2017
Disclosure Text Block [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 17: SHAREHOLDERS’ EQUITY Kodak has 560 million shares of authorized stock, consisting of: (i) 500 million shares of common stock, par value $0.01 per share and (ii) 60 million shares of preferred stock, no par value, issuable in one or more series. As of June 30, 2017 and December 31, 2016, there were 42.5 million and 42.4 million shares of common stock outstanding and 2.0 million shares of Series A preferred stock issued and outstanding, respectively. Treasury stock consisted of approximately 0.5 million shares at both June 30, 2017 and December 31, 2016.

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.E)
-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: 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(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: 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))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 6: 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(31))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 4
-Subparagraph (SAB Topic 4.C)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 8: 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(30))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 9: 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 10: 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(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 11: 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=27012166&loc=d3e187085-122770

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 13: 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 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Note 18 - Other Comprehensive (Loss) Income

6 Months Ended

Jun. 30, 2017

Other Comprehensive (Loss) Income Note [Text Block]

NOTE 18: OTHER COMPREHENSIVE (LOSS) INCOME

The changes in Other comprehensive (loss) income, by component, were as follows:

		Three Months Ended						Six Months Ended
		June 30,						June 30,
(in millions)		2017			2016			2017			2016
Currency translation adjustments		$	—		$	1		$	14		$	9
Pension and other postretirement benefit plan changes
Newly established net actuarial loss			(1	)		(2	)		(1	)		(144	)
Tax benefit			—			1			—			1
Newly established net actuarial loss, net of tax			(1	)		(1	)		(1	)		(143	)
Reclassification adjustments:
Amortization of prior service credit	^(a)		(2	)		(2	)		(4	)		(4	)
Amortization of actuarial gains	^(a)		—			—			(1	)		(1	)
Recognition of gains due to settlements			—			—			—			(1	)
Total reclassification adjustments			(2	)		(2	)		(5	)		(6	)
Tax provision			—			1			—			1
Reclassification adjustments, net of tax			(2	)		(1	)		(5	)		(5	)
Pension and other postretirement benefit plan changes, net of tax			(3	)		(2	)		(6	)		(148	)
Other comprehensive (loss) income		$	(3	)	$	(1	)	$	8		$	(139	)

^(a)	Reclassified to Total Net Periodic Benefit Cost - refer to Note 14, "Retirement Plans and Other Postretirement Benefits".

The entire disclosure for comprehensive income, which includes, but is not limited to, 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.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580

Reference 6: 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=27012166&loc=d3e187085-122770

Reference 7: 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=66004124&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580

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

Note 19 - Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2017

Accumulated Other Comprehensive Loss [Text Block]

NOTE 19: ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive loss is composed of the following:

	June 30,			December 31,
(in millions)	2017			2016
Currency translation adjustments	$	(82	)	$	(96	)
Pension and other postretirement benefit plan changes		(348	)		(342	)
Ending balance	$	(430	)	$	(438	)

Note 20 - Segment Information

6 Months Ended

Jun. 30, 2017

Segment Reporting Disclosure [Text Block]

NOTE 20: SEGMENT INFORMATION

Effective January 1, 2017, Kodak changed its organizational structure. Micro 3D Printing, within the Micro 3D Printing and Packaging segment, was moved into the Intellectual Property Solutions segment, which has been renamed the Advanced Materials and 3D Printing Technology segment. The Flexographic Packaging business, formerly part of the Micro 3D Printing and Packaging segment, is now being reported as a dedicated segment.

Effective April 1, 2017, Kodak made another change to its organizational structure. Digital front-end controllers within the Prosper business in the Enterprise Inkjet Systems segment was moved to the Unified Workflow Solutions business within the Software and Solutions segment.

Prior period segment results have been revised to conform to the current period segment reporting structure.

Financial information is reported for seven reportable segments: Print Systems, Enterprise Inkjet Systems, Flexographic Packaging, Software and Solutions, Consumer and Film, Advanced Materials and 3D Printing Technology and Eastman Business Park. A description of the reportable segments follows.

Print Systems: The Print Systems segment is comprised of two lines of business: Prepress Solutions and Electrophotographic Printing Solutions.

Enterprise Inkjet Systems: The Enterprise Inkjet Systems segment is comprised of two lines of business: the Prosper business and the Versamark business.

Flexographic Packaging: The Flexographic Packaging segment is comprised of the Packaging line of business.

Software and Solutions: The Software and Solutions segment is comprised of two lines of business: Unified Workflow Solutions and Kodak Technology Solutions.

Consumer and Film: The Consumer and Film segment is comprised of three lines of business: Industrial Film and Chemicals, Motion Picture and Consumer Products (which includes Consumer Inkjet Solutions).

Advanced Materials and 3D Printing Technology: The Advanced Materials and 3D Printing Technology segment includes the Kodak Research Laboratories and associated new business opportunities, intellectual property licensing not directly related to other business segments, and Micro 3D Printing.

Eastman Business Park: The Eastman Business Park segment includes the operations of the Eastman Business Park, a more than 1,200-acre technology center and industrial complex.

Segment financial information is shown below:

Segment Revenues

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in millions)	2017		2016		2017		2016
Print Systems	$	236	$	258	$	449	$	489
Enterprise Inkjet Systems		35		44		72		76
Flexographic Packaging		37		35		70		64
Software and Solutions		22		21		43		45
Consumer and Film		47		62		96		119
Advanced Materials and 3D Printing Technology		—		—		—		—
Eastman Business Park		4		3		8		7
Consolidated total	$	381	$	423	$	738	$	800

Segment Operational EBITDA and Consolidated Earnings (Loss) from Continuing Operations Before Income Taxes

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in millions)	2017			2016			2017			2016
Print Systems	$	16		$	22		$	29		$	40
Enterprise Inkjet Systems		1			(6	)		1			(10	)
Flexographic Packaging		8			6			14			10
Software and Solutions		(1	)		(2	)		(1	)		(1	)
Consumer and Film		(5	)		10			(8	)		17
Advanced Materials and 3D Printing Technology		(7	)		(8	)		(15	)		(15	)
Eastman Business Park		2			1			2			1
Total of reportable segments		14			23			22			42
All Other ⁽¹⁾		—			2			—			5
Corporate components of pension and OPEB income ⁽²⁾		35			40			71			81
Depreciation and amortization		(22	)		(27	)		(41	)		(57	)
Restructuring costs and other		(11	)		(7	)		(24	)		(12	)
Stock based compensation		(3	)		(1	)		(5	)		(3	)
Consulting and other costs ⁽³⁾		—			(2	)		(1	)		(3	)
Idle costs ⁽⁴⁾		(1	)		(1	)		(2	)		(2	)
Manufacturing costs originally planned to be absorbed by silver metal mesh touch screen production ⁽⁵⁾		—			(1	)		—			(1	)
Other operating (expense) income, net ⁽⁶⁾		(2	)		6			(12	)		(8	)
Interest expense ⁽⁶⁾		(8	)		(16	)		(16	)		(32	)
Other income (charges), net ⁽⁶⁾		9			(1	)		29			(2	)
Consolidated earnings from continuing operations before income taxes	$	11		$	15		$	21		$	8

⁽¹⁾	RED utilities variable interest entity, which was deconsolidated as of December 31, 2016 (interest and depreciation of RED are included in the respective lines below).

⁽²⁾	Composed of interest cost, expected return on plan assets, amortization of actuarial gains and losses and curtailment and settlement components of pension and other postretirement benefit expenses.

⁽³⁾	Consulting and other costs are professional services and internal costs associated with certain corporate strategic initiatives.

⁽⁴⁾	Consists of third party costs such as security, maintenance and utilities required to maintain land and buildings in certain locations not used in any Kodak operations.

⁽⁵⁾	Consists of manufacturing costs originally planned to be absorbed by silver metal mesh touch screen production that are excluded from the segment measure of profit and loss.

⁽⁶⁾	As reported in the Consolidated Statement of Operations.

Segment Measure of Profit and Loss

Kodak’s segment measure of profit and loss is an adjusted earnings before interest, taxes, depreciation and amortization (“Operational EBITDA”). As demonstrated in the above table, Operational EBITDA represents the earnings (loss) from continuing operations excluding the provision for income taxes; corporate components of pension and OPEB income; depreciation and amortization expense; restructuring costs; stock-based compensation expense; consulting and other costs; idle costs; manufacturing costs originally planned to be absorbed by silver metal mesh touch screen production; other operating expense, net (unless otherwise indicated); interest expense; and other (income) charges, net. Overhead costs no longer absorbed by the Prosper discontinued operations of $4 million and $8 million in the three and six months ended June 30, 2016, respectively, were also excluded from segment earnings while the business was reported in discontinued operations. As the Prosper business is no longer reported in discontinued operations, overhead allocations are included in the Enterprise Inkjet Solutions segment measure for all periods presented.

Kodak’s segments are measured using Operational EBITDA both before and after allocation of corporate selling, general and administrative expenses (“SG&A”). The segment earnings measure reported is after allocation of corporate SG&A as this most closely aligns with U.S. GAAP. Research and Development activities not directly related to the other segments are reported within the Advanced Materials and 3D Printing Technology segment.

Change in Segment Measure of Profitability

During the first quarter of 2017 the segment measure was changed to exclude internal costs associated with corporate strategic initiatives. The segment measure already excluded external costs associated with those initiatives. Additionally, third party costs associated with incremental idle building space has been added to idle costs.

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 Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Note 21 - Discontinued Operations

6 Months Ended

Jun. 30, 2017

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

NOTE 21: DISCONTINUED OPERATIONS

KODAK PROSPER Enterprise Inkjet Business

The results of the Prosper business were previously presented as discontinued operations. However, the held for sale criteria were no longer met as of March 31, 2017. In April 2017, Kodak decided to retain the Prosper business. The assets and liabilities of the Prosper business, previously presented as held for sale, have been reclassified to held and used in the Consolidated Statement of Financial Position as of December 31, 2016, and the results of the Prosper business have been reclassified from discontinued operations to continuing operations for all periods presented. The Prosper business’ assets and liabilities as of March 31, 2017 were measured at the carrying amount before the assets were classified as held for sale, reduced by $12 million representing the depreciation and amortization expense that would have been recognized had the assets been continuously classified as held for use. The $12 million reduction to the carrying value of the Prosper assets was reported in Other operating expense, net in the first quarter of 2017.

The reclassification of the results of the Prosper Business to continuing operations had the following impacts on the Consolidated Statement of Operations:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(in millions)	2017		2016			2017			2016
Revenues	$	—	$	25		$	—		$	39
Cost of revenues		—		18			—			30
Selling, general and administrative expenses		—		9			—			14
Research and development costs		—		5			—			11
Other operating (income) expense, net		—		—			12			—
Income (loss) from continuing operations before taxes		—		(7	)		(12	)		(16	)
Provision for income taxes		—		—			—			—
Income (loss) from continuing operations	$	—	$	(7	)	$	(12	)	$	(16	)

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64862545&loc=SL51724579-110230

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64862545&loc=d3e2941-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Note 22 - Financial Instruments

6 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Text Block]

NOTE 22: FINANCIAL INSTRUMENTS

Kodak, as a result of its global operating and financing activities, is exposed to changes in foreign currency exchange rates and interest rates, which may adversely affect its results of operations and financial position. Kodak 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. Kodak’s exposure to changes in interest rates results from its investing and borrowing activities used to meet its liquidity needs. Kodak does not utilize financial instruments for trading or other speculative purposes.

Kodak’s foreign currency forward contracts are not designated as hedges and are marked to market through net earnings (loss) at the same time that the exposed assets and liabilities are remeasured through net earnings (loss) (both in Other (income) charges, net in the Consolidated Statement of Operations). The notional amount of such contracts open at June 30, 2017 and December 31, 2016 was approximately $704 million and $340 million, respectively. The majority of the contracts of this type held by Kodak as of June 30, 2017 are denominated in Swiss francs and euros. The majority of the contracts of this type held by Kodak as of December 31, 2016 were denominated in euros, British pounds, and Chinese renminbi.

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in millions)	2017			2016			2017		2016
Net loss from derivatives not designated as hedging instruments	$	(4	)	$	(2	)	$	—	$	(1	)

Kodak had no derivatives designated as hedging instruments for the three and six months ended June 30, 2017 and 2016.

In the event of a default under the Company’s Senior Secured First Lien Term Credit Agreement, the Amended Credit Agreement, or a default under any derivative contract or similar obligation of Kodak, subject to certain minimum thresholds, 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.

As discussed in Note 15, “Redeemable, Convertible, Series A Preferred Stock”, the Company concluded that the Series A Preferred Stock is considered more akin to a debt-type instrument and that the economic characteristics and risks of the embedded conversion features, except where the conversion price was increased to the liquidation preference, were not considered clearly and closely related to the Series A Preferred Stock. The embedded conversion features not considered clearly and closely related are the conversion at the option of the holder (“Optional Conversion”); the ability of Kodak to automatically convert the stock after the second anniversary of issuance (“Mandatory Conversion”) and the conversion in the event of a fundamental change or reorganization (“Fundamental Change or Reorganization Conversion”). Accordingly, these embedded conversion features were bifurcated from the Series A Preferred Stock and separately accounted for on a combined basis as a single derivative liability which is reported in Other long-term liabilities in the Consolidated Statement of Financial Position. The derivative liability is being accounted for at fair value with changes in fair value being reported in Other (income) charges, net in the Consolidated Statement of Operations.

Fair Value

Fair values of marketable securities are determined using quoted prices in active markets for identical assets (Level 1 fair value measurements). Fair values of Kodak’s foreign currency forward contracts are determined using 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. The gross fair value of foreign currency forward contracts in an asset position are reported in Receivables, net and the gross fair value of foreign currency forward contracts in a liability position are reported in Other current liabilities in the Consolidated Statement of Financial Position. Neither the fair value of marketable securities nor the gross fair values of the foreign currency forward contracts was material as of June 30, 2017 and December 31, 2016.

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 three and six months ended June 30, 2017.

The fair value of the embedded conversion features derivative liability is calculated using unobservable inputs (Level 3 fair measurements). The value of the Optional Conversion and Mandatory Conversion is calculated using a binomial lattice model. The following table presents the key inputs in the determination of the fair value of the Optional Conversion and Mandatory Conversion at June 30, 2017 and December 31, 2016:

	Valuation Date
	June 30, 2017			December 31, 2016
Total value of embedded derivative liability ($ millions)	$	7		$	43
Kodak's closing stock price		9.10			15.50
Expected stock price volatility		43.76	%		42.85	%
Risk free rate		1.78	%		1.93	%
Yield on the preferred stock		11.79	%		11.38	%

The Fundamental Change and Reorganization Conversion value at issuance was calculated as the difference between the total value of the Series A Preferred Stock and the sum of the net present value of the cash flows if the Series A Preferred Stock is redeemed on its fifth anniversary and the values of the other embedded derivatives. The Fundamental Change and Reorganization Conversion value reduces the value of the embedded conversion features derivative liability. Unless events occur which would alter the likelihood of a fundamental change or reorganization event, the value of the Fundamental Change and Reorganization Conversion reflects the value as of the issuance date, amortized for the passage of time.

The fair values of long-term borrowings (Level 2 fair value measurements) are determined by reference to quoted market prices of similar instruments, if available, or by pricing models based on the value of related cash flows discounted at current market interest rates. The fair values of long-term borrowings were $414 million and $406 million at June 30, 2017 and December 31, 2016, respectively.

The carrying values of cash and cash equivalents and restricted cash approximate their fair values.

Cash And Cash Equivalents [Abstract]

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.

+ References + Details

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	BASIS OF PRESENTATION The consolidated interim financial statements are unaudited, and certain information and footnote disclosures related thereto normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted in accordance with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. In the opinion of management, the accompanying unaudited consolidated interim financial statements reflect all adjustments (consisting of normal recurring adjustments) necessary for a fair statement of the results of operations, financial position and cash flows of Eastman Kodak Company (“EKC” or the “Company”) and all companies directly or indirectly controlled, either through majority ownership or otherwise (collectively, “Kodak”). The results of operations for the interim periods are not necessarily indicative of the results for the entire fiscal year. These consolidated interim statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2016.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain amounts for prior periods have been reclassified to conform to the current period classification due to changes to Kodak’s organization structure effective January 1, 2017 and April 1, 2017 and a change in the presentation of discontinued operations and assets held for sale. In addition to the changes in segment reporting under the new organization structure, solvent recovery income for the Consumer and Film segment previously reported in Cost of Revenues is reported in Revenues and there is a change in the segment measure of profitability. Refer to Note 20, “Segment Information” and Note 21, “Discontinued Operations” for additional information.
New Accounting Pronouncements, Policy [Policy Text Block]	RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS In May 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No 2017-09, Compensation—Stock Compensation (Topic 718) — Scope of Modification Accounting, to clarify when to account for a change to the terms or conditions of a share-based payment award as a modification. Under the new standard, modification is required only if the fair value, the vesting conditions, or the classification of an award as equity or liability changes as a result of the change in terms or conditions. The ASU is effective prospectively for annual and interim periods beginning after December 15, 2017 (January 1, 2018 for Kodak). Early adoption is permitted, including adoption in any interim period, for reporting periods for which financial statements have not yet been issued. Kodak early adopted ASU 2017-09 effective April 1, 2017. The adoption of this guidance had no impact on Kodak’s Consolidated Financial Statements. In January 2017, the FASB issued ASU No: 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment. The ASU simplifies the accounting for goodwill impairment by removing Step 2 of the goodwill impairment test, which required a hypothetical purchase price allocation. The ASU requires entities to calculate a goodwill impairment as the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The same one-step impairment test applies to goodwill at all reporting units, even those with zero or negative carrying amounts. The ASU requires entities to disclose the amount of goodwill at reporting units with zero or negative carrying amounts. The ASU is effective prospectively for annual periods beginning after December 15, 2019, (January 1, 2020 for Kodak) with early adoption permitted for goodwill impairment tests performed after January 1, 2017. Kodak early adopted ASU 2017-04 effective January 1, 2017. The adoption of this guidance had no impact on Kodak’s Consolidated Financial Statements. As of the last goodwill assessment date, December 31, 2016, the Unified Workflow Solutions reporting unit had a negative carrying value. Total goodwill assigned to the Unified Workflow Solutions reporting unit is $6 million. In November 2016, the FASB issued ASU 2016-18 Statement of Cash Flows (Topic 230): Restricted Cash. ASU 2016-18 requires entities to show the changes in the total of cash, cash equivalents, restricted cash and restricted cash equivalents in the statement of cash flows. As a result, entities will no longer present transfers between cash and cash equivalents and restricted cash and restricted cash equivalents in the statement of cash flows. The ASU requires changes in the Company’s restricted cash to be classified as either operating activities, investing activities or financing activities in the Consolidated Statement of Cash Flows, depending on the nature of the activities that gave rise to the restriction. The new standard is effective for annual reporting periods beginning after December 15, 2017, (January 1, 2018 for Kodak) including interim reporting periods within those annual reporting periods. Early adoption in an interim period is permitted, but any adjustments must be reflected as of the beginning of the fiscal year that includes that interim period. Kodak early adopted ASU 2016-18 effective January 1, 2017 which resulted in a decrease of $6 million in net cash flows provided by investing activities from what was previously reported for the six-month period ended June 30, 2016. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. ASU 2016-15 provides clarification with respect to classification of several cash flow issues on the Statement of Cash Flows including debt prepayment or extinguishment costs, proceeds from the settlement of insurance claims, and distributions received from equity method investees. The new standard is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2017 (January 1, 2018 for Kodak). Kodak early adopted ASU 2016-15 retrospectively effective January 1, 2017. The adoption of this guidance had no impact on Kodak’s Consolidated Financial Statements. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other than Inventory. ASU 2016-16 requires the recognition of the income tax consequences of intra-entity transfers of assets other than inventory when the transfer occurs. The new standard is effective on a modified retrospective basis for annual reporting periods beginning after December 15, 2017, (January 1, 2018 for Kodak) including interim reporting periods within those annual reporting periods. Early adoption is permitted as of the beginning of an annual reporting period for which financial statements (interim or annual) have not been issued or made available for issuance (January 1, 2017 for Kodak). Kodak early adopted ASU 2016-16 on a modified retrospective basis during the first quarter of 2017. The adoption of this guidance had no impact on Kodak’s Consolidated Financial Statements. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS In March 2017, the FASB issued ASU 2017-07, Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. ASU 2017-07 requires entities to report the service cost component in the same line item(s) as other compensation costs arising from services rendered during the period and to report all other components of net benefit costs outside a subtotal of income from operations. In addition, the ASU allows only the service cost component to be eligible for capitalization when applicable. ASU 2017-07 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017 (January 1, 2018 for Kodak); retrospective application is required for the presentation of the service cost and other cost components however the restrictions on the capitalization eligibility will be applied prospectively from the date of adoption. The components of net benefit cost are shown in Note 14, “Retirement Plans and Other Postretirement benefits”. The guidance will impact presentation in the Consolidated Financial Statements and the capitalization of costs to inventory. The current presentation of the service cost component is consistent with the requirements of the new standard. Upon adoption, the other components (which are currently being presented within Cost of revenues, Selling and general administrative expenses and Research and development costs) are expected to be presented within Other (income) charges, net. The segment profit measure currently includes only the service cost and amortization of prior service credits components of net periodic pension costs (refer to Note 20, “Segment Information”). In February 2017, the FASB issued ASU 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets. ASU 2017-05 defines in-substance nonfinancial assets, provides guidance with respect to accounting for partial sales of nonfinancial assets and conforms the derecognition guidance on nonfinancial assets with the model for transactions in the new revenue standard (Topic 606 as described below). ASU 2017-05 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017 (January 1, 2018 for Kodak) and allows either a full retrospective adoption to all periods presented or a modified retrospective adoption approach with the cumulative effect of initial application recognized at the date of initial application. Kodak expects to apply the modified retrospective adoption approach and expects that application of this standard will not have a significant impact on its consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. ASU 2016-13 requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. In addition, the ASU requires credit losses relating to available-for-sale debt securities to be recorded through an allowance for credit losses. The amendments in this ASU broaden the information that an entity must consider in developing its expected credit loss estimate for assets measured either collectively or individually. The new standard is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2019 (January 1, 2020 for Kodak). Early adoption is permitted for fiscal years, and interim periods within those years, beginning after December 15, 2018 (January 1, 2019 for Kodak). Kodak is currently evaluating the impact of this ASU. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). ASU 2016-02 requires lessees to recognize most leases on their balance sheets as lease liabilities with corresponding right-of-use assets and eliminates certain real estate-specific provisions. The new leasing standard is effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2018 (January 1, 2019 for Kodak). Early adoption is permitted. Kodak is currently evaluating the impact of this ASU. In January 2016, the FASB issued ASU 2016-01, Financial Instruments—Overall (Topic 825): Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-01 primarily affects the accounting for equity investments, financial liabilities under the fair value option, and the presentation and disclosure requirements for financial instruments. Under the ASU all equity investments in unconsolidated entities (other than those accounted for using the equity method of accounting) will generally be measured at fair value through earnings. In addition, the FASB clarified guidance related to the valuation allowance assessment when recognizing deferred tax assets resulting from unrealized losses on available-for-sale debt securities. The classification and measurement guidance will be effective for Kodak beginning January 1, 2018, including interim periods within those fiscal years. Kodak does not expect the adoption of this guidance to have a material impact on its Consolidated Financial Statements. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606).” ASU 2014-09 supersedes the revenue recognition requirements in Topic 605, “Revenue Recognition” and most industry-specific guidance. The core principle of ASU 2014-09 is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. In July 2015, the FASB deferred the effective date of ASU 2014-09. In 2016 the FASB issued ASU 2016-08, ASUs 2016-10 through 12 and ASU 2016-20 clarifying guidance regarding principle vs agent considerations, identification of performance obligations, analysis of licensing transactions, impairment considerations and disclosures. The new revenue standards are collectively effective for fiscal years, and interim periods within those years, beginning after December 15, 2017 (January 1, 2018 for Kodak) and allow either a full retrospective adoption to all periods presented or a modified retrospective adoption approach with the cumulative effect of initial application recognized at the date of initial application. Kodak currently anticipates applying the modified retrospective adoption approach. To date, the Company has not yet identified any material changes in the timing of revenue recognition when considering the amended accounting guidance, however, the Company’s implementation efforts are ongoing and such assessments may change prior to the January 1, 2018 implementation date. Kodak is in the process of implementing appropriate changes to the business processes, systems and controls to support recognition and disclosure under the new standard. Training of employees on the impacts of the standard and changes to processes, systems and controls will continue throughout 2017.

Note 2 - Cash, Cash Equivalents and Restricted Cash (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash [Text Block]

	June 30,		December 31,
(in millions)	2017		2016
Cash and cash equivalents	$	370	$	434
Restricted cash included in Other current assets		8		8
Long-term restricted cash		11		36
Total cash, cash equivalents and restricted cash shown in the Statement of Cash Flows	$	389	$	478

Note 3 - Receivables, Net (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	June 30,		December 31,
(in millions)	2017		2016
Trade receivables	$	259	$	277
Miscellaneous receivables		39		34
Total (net of allowances of $9 as of June 30, 2017 and $8 as of December 31, 2016)	$	298	$	311

Note 4 - Inventories, Net (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Inventory, Current [Table Text Block]

	June 30,		December 31,
(in millions)	2017		2016
Finished goods	$	177	$	149
Work in process		68		57
Raw materials		68		65
Total	$	313	$	271

Note 5 - Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Finite-Lived Intangible Assets [Table Text Block]

The gross carrying amount and accumulated amortization by major asset category as of June 30, 2017 and December 31, 2016 were as follows:

	June 30, 2017
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Weighted-Average Amortization Period
Technology-based	$	122	$	70	$	52	6 years
Kodak trade name		40		-		40	Indefinite life
Customer-related		26		12		14	6 years
Other		2		-		2	21 years
Total	$	190	$	82	$	108

	December 31, 2016
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Weighted-Average Amortization Period
Technology-based	$	122	$	57	$	65	6 years
Kodak trade name		40		-		40	Indefinite life
Customer-related		26		12		14	6 years
Other		2		-		2	21 years
Total	$	190	$	69	$	121

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Estimated future amortization expense related to intangible assets that are currently being amortized as of June 30, 2017, is as follows:

(in millions)
Q3-Q4 2017	$	10
2018		16
2019		9
2020		8
2021		7
2022 and thereafter		18
Total	$	68

Note 6 - Other Current Liabilities (Tables)

6 Months Ended

Jun. 30, 2017

Other Current Liabilities [Table Text Block]

	June 30,		December 31,
(in millions)	2017		2016
Employee related liabilities	$	48	$	49
Deferred revenue		30		32
Customer rebates		23		27
Deferred consideration on disposed businesses		17		7
Restructuring liabilities		12		8
Workers compensation		9		8
Other		73		80
Total	$	212	$	211

Note 7 - Other Long-term Liabilities (Tables)

6 Months Ended

Jun. 30, 2017

Other Long-term Liabilities [Table Text Block]

	June 30,		December 31,
(in millions)	2017		2016
Workers compensation	$	103	$	105
Asset retirement obligations		43		43
Deferred taxes		16		16
Environmental liabilities		12		12
Deferred consideration on disposed businesses		14		24
Embedded conversion features derivative liability		7		43
Other		29		25
Total	$	224	$	268

Note 9 - Guarantees (Tables)

6 Months Ended

Jun. 30, 2017

Deferred Revenue, by Arrangement, Disclosure [Table Text Block]

(in millions)
Deferred revenue on extended warranties as of December 31, 2016	$	24
New extended warranty and maintenance arrangements in 2017		67
Recognition of extended warranty and maintenance arrangement revenue in 2017		(68	)
Deferred revenue on extended warranties as of June 30, 2017	$	23

Note 10 - Other Operating (Income) Expense, Net (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Other Operating Expense (Income), by Component [Table Text Block]

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(in millions)	2017		2016			2017			2016
(Income) expense:
Prosper asset remeasurement ⁽¹⁾	$	—	$	—		$	12		$	—
Asset impairments ^{(2) (3)}		2		1			2			25
Legal settlements ⁽⁴⁾		—		—			—			(10	)
Gain on sale of assets ⁽⁵⁾		—		(7	)		(2	)		(7	)
Total	$	2	$	(6	)	$	12		$	8

⁽¹⁾	In the first quarter of 2017, Kodak reduced the carrying value of Prosper fixed assets ($8 million) and intangible assets ($4 million) to the amount that would have been recorded had the Prosper assets been continuously classified as held and used. Refer to Note 21, “Discontinued Operations”.

⁽²⁾

⁽³⁾	In the first quarter of 2016, Kodak concluded the carrying value of the Kodak trade name exceeded its fair value and recorded an impairment charge of $5 million related to the Kodak trade name.

⁽⁴⁾	In the first quarter of 2016, Kodak received $10 million representing net litigation proceeds from DuPont.

⁽⁵⁾

Note 11 - Other (Income) Charges, Net (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Other Nonoperating Income, by Component [Table Text Block]

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(in millions)	2017			2016		2017			2016
Change in fair value of embedded conversion features derivative liability ⁽¹⁾	$	(14	)	$	—	$	(36	)	$	—
Loss on foreign exchange transactions		3			1		4			2
Other		2			—		3			—
Total	$	(9	)	$	1	$	(29	)	$	2

⁽¹⁾	Refer to Note 22, “Financial Instruments”.

Note 12 - Income Taxes (Tables)

6 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in millions)	2017			2016			2017			2016
Earnings from continuing operations before income taxes	$	11		$	15		$	21		$	8
Effective tax rate		36.4	%		40.0	%		33.3	%		162.5	%
Provision for income taxes		4			6			7			13
Provision for income taxes @ 35%		4			5			7			3
Difference between tax at effective vs. statutory rate	$	-		$	1		$	-		$	10

Note 13 - Restructuring Liabilities (Tables)

6 Months Ended

Jun. 30, 2017

Restructuring And Related Activities [Abstract]

Restructuring and Related Costs [Table Text Block]

The activity in the accrued balances and the non-cash charges and credits incurred in relation to restructuring activities for the six months ended June 30, 2017 were as follows:

(in millions)	Severance Reserve ⁽¹⁾			Exit Costs Reserve ⁽¹⁾			Long-lived Asset Impairments and Inventory Write-downs ⁽¹⁾			Total
Balance as of December 31, 2016	$	5		$	3		$	—		$	8
Q1 charges		5			—			8			13
Q1 utilization/cash payments		(3	)		—			(8	)		(11	)
Q1 other adjustments and reclasses ⁽²⁾		(1	)		—			—			(1	)
Balance as of March 31, 2017	$	6		$	3		$	—		$	9
Q2 charges	$	8		$	3		$	—		$	11
Q2 utilization/cash payments		(3	)		(1	)		—			(4	)
Q2 other adjustments and reclasses ⁽³⁾		(4	)		—			—			(4	)
Balance as of June 30, 2017	$	7		$	5		$	—		$	12

⁽¹⁾	The severance and exit costs reserves require the outlay of cash, while long-lived asset impairments and inventory write-downs represent non-cash items.

⁽²⁾	The $(1) million represents severance related charges for pension plan special termination benefits, which are reflected in Pension and other postretirement liabilities in the Consolidated Statement of Financial Position.

⁽³⁾	The $(4) million includes $(5) million of severance related charges for pension plan special termination benefits, which were reclassified to Pension and other postretirement liabilities, and $1 million of foreign currency translation adjustments.

Note 14 - Retirement Plans and Other Postretirement Benefits (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Changes in Projected Benefit Obligations Fair Value of Plan Assets and Funded Status of Plan [Table Text Block]

Components of the net periodic benefit cost for all major U.S. and Non-U.S. defined benefit plans are as follows:

	Three Months Ended												Six Months Ended
	June 30,												June 30,
	2017						2016						2017						2016
(in millions)	U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.			U.S.			Non-U.S.
Major defined benefit plans:
Service cost	$	3		$	1		$	3		$	—		$	6		$	2		$	6		$	1
Interest cost		28			3			28			4			57			6			58			7
Expected return on plan assets		(61	)		(6	)		(66	)		(7	)		(122	)		(13	)		(131	)		(14	)
Amortization of:
Prior service credit		(1	)		—			(1	)		—			(3	)		—			(3	)		—
Actuarial loss		—			—			2			—			—			1			2			—
Net pension income before special termination benefits		(31	)		(2	)		(34	)		(3	)		(62	)		(4	)		(68	)		(6	)
Special termination benefits		5			—			2			—			6			—			3			—
Net pension income		(26	)		(2	)		(32	)		(3	)		(56	)		(4	)		(65	)		(6	)
Other plans		—			1			—			—			—			1			—			(1	)
Total net pension income	$	(26	)	$	(1	)	$	(32	)	$	(3	)	$	(56	)	$	(3	)	$	(65	)	$	(7	)

Note 16 - Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Summary of Reconciliation of Basic and Diluted Earnings Per Share [Table Text Block]

A reconciliation of the amounts used to calculate basic and diluted earnings per share for the three and six months ended June 30, 2017 follows: (in millions):

	Three Months Ended			Six Months Ended
	June 30, 2017			June 30, 2017
Earnings from continuing operations attributable to Eastman Kodak Company	$	7		$	14
Less: Series A convertible preferred stock cash dividend		(3	)		(6	)
Less: Series A convertible preferred stock deemed dividend		(2	)		(4	)
Earnings from continuing operations available to common shareholders - basic and diluted	$	2		$	4

Earnings from net earnings attributable to Eastman Kodak Company	$	4		$	11
Less: Series A convertible preferred stock cash dividend		(3	)		(6	)
Less: Series A convertible preferred stock deemed dividend		(2	)		(4	)
(Loss) earnings from net earnings available to common shareholders - basic and diluted	$	(1	)	$	1

Weighted-average common shares outstanding - basic	42.5	42.5
Effect of dilutive securities:
Unvested restricted stock units	0.2	0.2
Weighted-average common shares outstanding - diluted	42.7	42.7

Note 18 - Other Comprehensive (Loss) Income (Tables)

6 Months Ended

Jun. 30, 2017

Other Comprehensive (Loss) Income [Table Text Block]

The changes in Other comprehensive (loss) income, by component, were as follows:

		Three Months Ended						Six Months Ended
		June 30,						June 30,
(in millions)		2017			2016			2017			2016
Currency translation adjustments		$	—		$	1		$	14		$	9
Pension and other postretirement benefit plan changes
Newly established net actuarial loss			(1	)		(2	)		(1	)		(144	)
Tax benefit			—			1			—			1
Newly established net actuarial loss, net of tax			(1	)		(1	)		(1	)		(143	)
Reclassification adjustments:
Amortization of prior service credit	^(a)		(2	)		(2	)		(4	)		(4	)
Amortization of actuarial gains	^(a)		—			—			(1	)		(1	)
Recognition of gains due to settlements			—			—			—			(1	)
Total reclassification adjustments			(2	)		(2	)		(5	)		(6	)
Tax provision			—			1			—			1
Reclassification adjustments, net of tax			(2	)		(1	)		(5	)		(5	)
Pension and other postretirement benefit plan changes, net of tax			(3	)		(2	)		(6	)		(148	)
Other comprehensive (loss) income		$	(3	)	$	(1	)	$	8		$	(139	)

^(a)	Reclassified to Total Net Periodic Benefit Cost - refer to Note 14, "Retirement Plans and Other Postretirement Benefits".

Note 19 - Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Accumulated Other Comprehensive Loss [Table Text Block]

Accumulated other comprehensive loss is composed of the following:

	June 30,			December 31,
(in millions)	2017			2016
Currency translation adjustments	$	(82	)	$	(96	)
Pension and other postretirement benefit plan changes		(348	)		(342	)
Ending balance	$	(430	)	$	(438	)

Note 20 - Segment Information (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in millions)	2017		2016		2017		2016
Print Systems	$	236	$	258	$	449	$	489
Enterprise Inkjet Systems		35		44		72		76
Flexographic Packaging		37		35		70		64
Software and Solutions		22		21		43		45
Consumer and Film		47		62		96		119
Advanced Materials and 3D Printing Technology		—		—		—		—
Eastman Business Park		4		3		8		7
Consolidated total	$	381	$	423	$	738	$	800

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in millions)	2017			2016			2017			2016
Print Systems	$	16		$	22		$	29		$	40
Enterprise Inkjet Systems		1			(6	)		1			(10	)
Flexographic Packaging		8			6			14			10
Software and Solutions		(1	)		(2	)		(1	)		(1	)
Consumer and Film		(5	)		10			(8	)		17
Advanced Materials and 3D Printing Technology		(7	)		(8	)		(15	)		(15	)
Eastman Business Park		2			1			2			1
Total of reportable segments		14			23			22			42
All Other ⁽¹⁾		—			2			—			5
Corporate components of pension and OPEB income ⁽²⁾		35			40			71			81
Depreciation and amortization		(22	)		(27	)		(41	)		(57	)
Restructuring costs and other		(11	)		(7	)		(24	)		(12	)
Stock based compensation		(3	)		(1	)		(5	)		(3	)
Consulting and other costs ⁽³⁾		—			(2	)		(1	)		(3	)
Idle costs ⁽⁴⁾		(1	)		(1	)		(2	)		(2	)
Manufacturing costs originally planned to be absorbed by silver metal mesh touch screen production ⁽⁵⁾		—			(1	)		—			(1	)
Other operating (expense) income, net ⁽⁶⁾		(2	)		6			(12	)		(8	)
Interest expense ⁽⁶⁾		(8	)		(16	)		(16	)		(32	)
Other income (charges), net ⁽⁶⁾		9			(1	)		29			(2	)
Consolidated earnings from continuing operations before income taxes	$	11		$	15		$	21		$	8

⁽¹⁾	RED utilities variable interest entity, which was deconsolidated as of December 31, 2016 (interest and depreciation of RED are included in the respective lines below).

⁽²⁾	Composed of interest cost, expected return on plan assets, amortization of actuarial gains and losses and curtailment and settlement components of pension and other postretirement benefit expenses.

⁽³⁾	Consulting and other costs are professional services and internal costs associated with certain corporate strategic initiatives.

⁽⁴⁾	Consists of third party costs such as security, maintenance and utilities required to maintain land and buildings in certain locations not used in any Kodak operations.

⁽⁵⁾	Consists of manufacturing costs originally planned to be absorbed by silver metal mesh touch screen production that are excluded from the segment measure of profit and loss.

⁽⁶⁾	As reported in the Consolidated Statement of Operations.

Note 21 - Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Impact on Income Statement Due to Reclassification From Discontinued Operations to Continuing Operations [Table Text Block]

The reclassification of the results of the Prosper Business to continuing operations had the following impacts on the Consolidated Statement of Operations:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
(in millions)	2017		2016			2017			2016
Revenues	$	—	$	25		$	—		$	39
Cost of revenues		—		18			—			30
Selling, general and administrative expenses		—		9			—			14
Research and development costs		—		5			—			11
Other operating (income) expense, net		—		—			12			—
Income (loss) from continuing operations before taxes		—		(7	)		(12	)		(16	)
Provision for income taxes		—		—			—			—
Income (loss) from continuing operations	$	—	$	(7	)	$	(12	)	$	(16	)

Note 22 - Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2017

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

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

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in millions)	2017			2016			2017		2016
Net loss from derivatives not designated as hedging instruments	$	(4	)	$	(2	)	$	—	$	(1	)

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

The following table presents the key inputs in the determination of the fair value of the Optional Conversion and Mandatory Conversion at June 30, 2017 and December 31, 2016:

	Valuation Date
	June 30, 2017			December 31, 2016
Total value of embedded derivative liability ($ millions)	$	7		$	43
Kodak's closing stock price		9.10			15.50
Expected stock price volatility		43.76	%		42.85	%
Risk free rate		1.78	%		1.93	%
Yield on the preferred stock		11.79	%		11.38	%

Note 1 - Basis of Presentation and Recent Accounting Pronouncements (Details Textual) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016
Basis Of Presentation And Recent Accounting Pronouncements [Line Items]
Goodwill		$ 88	$ 88
ASU 2016-18 [Member]
Basis Of Presentation And Recent Accounting Pronouncements [Line Items]
Decrease in net cash flows provided by investing activities	$ 6
Unified Workflow Solutions [Member]
Basis Of Presentation And Recent Accounting Pronouncements [Line Items]
Goodwill			$ 6

Note 2 - Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Restricted Cash And Cash Equivalents Items [Line Items]
Cash and cash equivalents	$ 370	$ 434
Long-term restricted cash	11	36
Total cash, cash equivalents and restricted cash shown in the Statement of Cash Flows	389	478	$ 562	$ 600
Other Current Assets [Member]
Restricted Cash And Cash Equivalents Items [Line Items]
Restricted cash included in Other current assets	$ 8	$ 8

Note 2 - Cash, Cash Equivalents and Restricted Cash (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Restricted Cash And Cash Equivalents Items [Line Items]
Long-term restricted cash	$ 6	$ 7
Amended Credit Agreement [Member]
Restricted Cash And Cash Equivalents Items [Line Items]
Long-term restricted cash		$ 25
Reduction in amount of outstanding letters of credit	$ (20)

Note 3 - Summary of Receivables, Net (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Accounts Receivable Net Current [Abstract]
Trade receivables	$ 259	$ 277
Miscellaneous receivables	39	34
Total (net of allowances of $9 as of June 30, 2017 and $8 as of December 31, 2016)	$ 298	$ 311

Note 3 - Summary of Receivables, Net (Details) (Parentheticals) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Accounts Receivable Net Current [Abstract]
Receivables, net of allowance	$ 9	$ 8

Note 3 - Receivables, Net (Details Textual) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Accounts Receivable Net Current [Abstract]
Expected Customer Settlements in Lieu of Cash Payments	$ 23	$ 26

Note 4 - Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Finished goods	$ 177	$ 149
Work in process	68	57
Raw materials	68	65
Total	$ 313	$ 271

Note 5 - Gross Carrying Amount and Accumulated Amortization by Major Intangible Asset Category (Details) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Finite Lived Intangible Assets [Line Items]
Accumulated Amortization	$ 82	$ 69
Intangible Assets Net	68
Intangible assets gross	190	190
Intangible assets net	108	121
Trade Names [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	40	40
Technology-Based Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	122	122
Accumulated Amortization	70	57
Intangible Assets Net	$ 52	$ 65
Weighted-Average Amortization Period	6 years	6 years
Customer-Related Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 26	$ 26
Accumulated Amortization	12	12
Intangible Assets Net	$ 14	$ 14
Weighted-Average Amortization Period	6 years	6 years
Other Intangible Assets [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 2	$ 2
Intangible Assets Net	$ 2	$ 2
Weighted-Average Amortization Period	21 years	21 years

Note 5 - Intangible Assets (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Goodwill And Other Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 5	$ 5	$ 9	$ 10
KODAK PROSPER Enterprise Inkjet [Member]
Goodwill And Other Intangible Assets [Line Items]
Intangible assets, gross carrying amount					$ 4

Note 5 - Estimated Future Amortization Expense Related to Intangible Assets (Details) $ in Millions	Jun. 30, 2017 USD ($)
Intangible Assets Gross Excluding Goodwill [Abstract]
Q3-Q4 2017	$ 10
2018	16
2019	9
2020	8
2021	7
2022 and thereafter	18
Intangible Assets Net	$ 68

Note 6 - Other Current Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Other Current Liabilities [Abstract]
Employee related liabilities	$ 48	$ 49
Deferred revenue	30	32
Customer rebates	23	27
Deferred consideration on disposed businesses	17	7
Restructuring liabilities	12	8
Workers compensation	9	8
Other	73	80
Total	$ 212	$ 211

Prosper asset remeasurement

The carrying amount of consideration received or receivable as of the balance sheet date on potential earnings that were not recognized as revenue in conformity with GAAP, and which are expected to be recognized as such within one year or the normal operating cycle, if longer, including sales, license fees, and royalties, but excluding interest income.

+ References + Details

Note 7 - Summary of Other Long-term Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Summary Of Other Long Term Liabilities [Abstract]
Workers compensation	$ 103	$ 105
Asset retirement obligations	43	43
Deferred taxes	16	16
Environmental liabilities	12	12
Deferred consideration on disposed businesses	14	24
Embedded conversion features derivative liability	7	43
Other	29	25
Total	$ 224	$ 268

Note 8 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Commitments And Contingencies [Line Items]
Restricted Cash	$ 6	$ 7
Federal and State Value added Taxes Litigations [Member]
Commitments And Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	52
Threat of Expropriation of Assets [Member] \| BRAZIL
Commitments And Contingencies [Line Items]
Assets, Noncurrent	72
Threat of Expropriation of Assets [Member] \| BRAZIL \| Cash [Member]
Commitments And Contingencies [Line Items]
Restricted Cash	6
Amended Credit Agreement [Member]
Commitments And Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	96
Restricted Cash		$ 25
Bank Guarantees and Letters of Credit [Member]
Commitments And Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	4
Surety Bond [Member]
Commitments And Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	53
Restricted Cash Deposits [Member]
Commitments And Contingencies [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 25

Note 9 - Guarantees (Details Textual)	6 Months Ended
Note 9 - Guarantees (Details Textual)	Jun. 30, 2017 USD ($)
Warranty Arrangements Period [Member]
Guarantee Obligations [Line Items]
Extended Warranty Period	1 year
Maximum [Member]
Guarantee Obligations [Line Items]
Environmental Settlement Historical Liabilities Trigger Amount	$ 99,000,000
Percentage of Liability Above 99 Million	50.00%
Extended Warranty Period	6 years
Minimum [Member]
Guarantee Obligations [Line Items]
Extended Warranty Period	3 months
Amended Eastman Business Park Settlement Agreement [Member]
Guarantee Obligations [Line Items]
Accrual for Environmental Loss Contingencies	$ 0
Financial Guarantee [Member] \| Guarantor Subsidiaries [Member]
Guarantee Obligations [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	11,000,000
Guarantor Obligations, Current Carrying Value	$ 4,000,000

Note 9 - Deferred Revenue (Details) $ in Millions	6 Months Ended
Note 9 - Deferred Revenue (Details) $ in Millions	Jun. 30, 2017 USD ($)
Movement In Deferred Revenue Roll Forward
Deferred revenue on extended warranties	$ 24
New extended warranty and maintenance arrangements in 2017	67
Recognition of extended warranty and maintenance arrangement revenue in 2017	(68)
Deferred revenue on extended warranties	$ 23

Note 10 - Summary of Other Operating Expense (Income), Net (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

(Income) expense:

^[1]

$ 12

Asset impairments

^[2],[3]

$ 2

$ 1

$ 25

Legal settlements

^[4]

(10)

Gain on sale of assets

^[5]

(7)

(2)

(7)

Total

$ 2

$ (6)

$ 12

$ 8

[1]	In the first quarter of 2017, Kodak reduced the carrying value of Prosper fixed assets ($8 million) and intangible assets ($4 million) to the amount that would have been recorded had the Prosper assets been continuously classified as held and used. Refer to Note 21, “Discontinued Operations”.
[2]	In the first quarter of 2016, Kodak concluded the carrying value of the Kodak trade name exceeded its fair value and recorded an impairment charge of $5 million related to the Kodak trade name.
[3]	In the first quarter of 2016, due to the exit of its position in silver metal mesh touch screen development, Kodak concluded that the carrying value of property, plant and equipment associated with those operations exceeded their fair value. Kodak recorded pre-tax impairment charges in the quarter and six months ended June 30, 2016 of $1 million and $12 million, respectively. Kodak also wrote off related intangible assets with a gross carrying amount of $14 million and accumulated amortization of $6 million and recorded an impairment charge of $8 million.
[4]	In the first quarter of 2016, Kodak received $10 million representing net litigation proceeds from DuPont.
[5]	On June 30, 2016, Kodak sold certain assets of its brand protection business to eApeiron Solutions Inc. in exchange for cash consideration of approximately $6 million and an equity investment of 19.9%. Kodak is accounting for this investment under the equity method of accounting. Kodak recognized a gain of approximately $7 million on this transaction.

Note 10 - Summary of Other Operating Expense (Income), Net (Details) (Parentheticals) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2016

Mar. 31, 2016

Jun. 30, 2017

Jun. 30, 2016

Mar. 31, 2017

Dec. 31, 2016

Other Operating Income Expense Net [Line Items]

Carrying value of fixed assets

$ 68

Intangible assets, accumulated amortization

$ 69

Gain on sale of assets

^[1]

$ 7

eApeiron Solutions Inc [Member]

Other Operating Income Expense Net [Line Items]

Cash consideration received for sale of certain assets

$ 6

Equity investment percentage

19.90%

Gain on sale of assets

$ 7

Micro 3D Printing and Packaging [Member]

Other Operating Income Expense Net [Line Items]

Proceeds from Legal Settlements

$ 10

Trade Names [Member]

Other Operating Income Expense Net [Line Items]

Gross Carrying Amount

$ 40

Other Operating (Income) Expense [Member]

Other Operating Income Expense Net [Line Items]

Tangible Asset Impairment Charges

$ 1

$ 12

Other Operating (Income) Expense [Member] | Trade Names [Member]

Other Operating Income Expense Net [Line Items]

Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)

Silver Metal Mesh Development [Member]

Other Operating Income Expense Net [Line Items]

Intangible assets, gross carrying amount

Intangible assets, accumulated amortization

Silver Metal Mesh Development [Member] | Other Operating (Income) Expense [Member]

Other Operating Income Expense Net [Line Items]

Impairment of Intangible Assets, Finite-lived

$ 8

KODAK PROSPER Enterprise Inkjet [Member]

Other Operating Income Expense Net [Line Items]

Carrying value of fixed assets

$ 8

Gross Carrying Amount

$ 4

[1]

Note 11 - Other (Income) Charges, Net (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Other Income And Expenses [Abstract]

Change in fair value of embedded conversion features derivative liability

^[1]

$ (14)

$ (36)

Loss on foreign exchange transactions

$ 1

$ 2

Other

Total

$ (9)

$ 1

$ (29)

$ 2

[1]	Refer to Note 22, “Financial Instruments

Note 12 - Income Tax Provision (Benefit) Reconciliation (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Earnings from continuing operations before income taxes	$ 11	$ 15	$ 21	$ 8
Effective tax rate	36.40%	40.00%	33.30%	162.50%
Provision for income taxes	$ 4	$ 6	$ 7	$ 13
Provision for income taxes @ 35%	$ 4	5	$ 7	3
Difference between tax at effective vs. statutory rate		$ 1		$ 10

Note 12 - Income Tax Provision (Benefit) Reconciliation (Details) (Parentheticals)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%	35.00%	35.00%

Note 12 - Income Taxes (Details Textual)	3 Months Ended		6 Months Ended
Note 12 - Income Taxes (Details Textual)	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%	35.00%	35.00%

Note 13 - Restructuring Liabilities (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2017

Mar. 31, 2017

Jun. 30, 2017

$ 9

$ 8

Other adjustments and reclasses

(4)

(11)

(4)

^[1]

(1)

^[2]

(4)

Severance Reserve [Member]

^[3]

^[3]

Other adjustments and reclasses

^[3]

(3)

^[3]

(4)

^[1]

(1)

^[2]

Exit Costs Reserve [Member]

^[3]

^[3]

^[3]

^[3]

(1)

Long Lived Asset Impairments and Inventory Write Downs [Member]

^[3]

$ 5

^[3]

Restructuring And Related Activities [Abstract]

^[3]

$ (8)

[1]	The $(4) million includes $(5) million of severance related charges for pension plan special termination benefits, which were reclassified to Pension and other postretirement liabilities, and $1 million of foreign currency translation adjustments.
[2]	The $(1) million represents severance related charges for pension plan special termination benefits, which are reflected in Pension and other postretirement liabilities in the Consolidated Statement of Financial Position.
[3]	The severance and exit costs reserves require the outlay of cash, while long-lived asset impairments and inventory write-downs represent non-cash items.

Note 13 - Restructuring Liabilities (Details) (Parenthetical) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2017

^[1]

Mar. 31, 2017

^[2]

Jun. 30, 2017

Other adjustments and reclasses

$ (4)

$ (1)

$ (4)

Severance Costs

(5)

Foreign Currency Transaction Gain (Loss), Realized

$ 1

[1]	The $(4) million includes $(5) million of severance related charges for pension plan special termination benefits, which were reclassified to Pension and other postretirement liabilities, and $1 million of foreign currency translation adjustments.
[2]	The $(1) million represents severance related charges for pension plan special termination benefits, which are reflected in Pension and other postretirement liabilities in the Consolidated Statement of Financial Position.

Note 13 - Restructuring Liabilities (Details Textual) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017 USD ($) Position	Mar. 31, 2017 USD ($)	Jun. 30, 2017 USD ($) Position
Restructuring Cost And Reserve [Line Items]
Restructuring costs \| $	$ 11	$ 13	$ 24
Restructuring and Related Cost, Number of Positions Eliminated	100		200
US and Canada [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated	75		125
World Excluding US and Canada [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated	25		75
Manufacturing Service Positions [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated	50		75
Administrative Positions [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated	50		100
Research and Development Positions [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated			25
Restructuring costs and other [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring costs \| $	$ 11		$ 18
Cost of revenues [Member] \| Inventory Write-down [Member]
Restructuring Cost And Reserve [Line Items]
Restructuring costs \| $			$ 6

Note 14 - Pension Income (Expense) From Continuing and Discontinued Operations For All Defined Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Total net pension income			$ (59)	$ (72)
U.S. [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 3	$ 3	6	6
Interest cost	28	28	57	58
Expected return on plan assets	(61)	(66)	(122)	(131)
Prior service credit	(1)	(1)	(3)	(3)
Actuarial loss		2		2
Net pension income before special termination benefits	(31)	(34)	(62)	(68)
Special termination benefits	5	2	6	3
Net pension income	(26)	(32)	(56)	(65)
Total net pension income	(26)	(32)	(56)	(65)
Non-US [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	1		2	1
Interest cost	3	4	6	7
Expected return on plan assets	(6)	(7)	(13)	(14)
Actuarial loss			1
Net pension income before special termination benefits	(2)	(3)	(4)	(6)
Net pension income	(2)	(3)	(4)	(6)
Other plans	1		1	(1)
Total net pension income	$ (1)	$ (3)	$ (3)	$ (7)

Note 15 - Redeemable, Convertible Series A Preferred Stock (Details Textual) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended	6 Months Ended
	Nov. 15, 2016	Jun. 30, 2017	Jun. 30, 2017
Temporary Equity [Line Items]
Cash dividends declared		$ 3	$ 6
Series A Redeemable Preferred Stock [Member]
Temporary Equity [Line Items]
Preferred stock, number of shares issued	2,000,000
Percentage of cash dividend payable on preferred stock	5.50%
Preferred Stock, No Par Value	$ 0
Gross proceeds from issuance of shares	$ 200
Preferred stock purchase price per share	$ 100
Series A Preferred Stock [Member]
Temporary Equity [Line Items]
Percentage of cash dividend payable on preferred stock			5.50%
Net proceeds received to derivative liability			$ 43
Carrying value of Series A preferred stock at issuance			155
Gross proceeds from preferred stock			200
Total value of embedded derivative liability ($ millions)		$ 43	43
Transaction costs			$ 2
Preferred stock, redemption date			Nov. 15, 2021
Cash dividends declared			$ 3
Dividend paid date			Jul. 17, 2017
Preferred stock, redemption price per share		$ 100	$ 100
Preferred stock conversion description			As of June 30, 2017, the Series A Preferred Stock has not been converted and none of the antidilution provisions have been triggered. Any shares of Series A Preferred Stock not converted prior to the fifth anniversary of the initial issuance of the Series A Preferred Stock are required to be redeemed at $100 per share plus the amount of accrued and unpaid dividends.

Note 16 - Summary of Reconciliation of Basic and Diluted Earnings Per Share (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Earnings from continuing operations attributable to Eastman Kodak Company	$ 7		$ 14
Less: Series A convertible preferred stock cash dividend	(3)		(6)
Less: Series A convertible preferred stock deemed dividend	(2)		(4)
Earnings from continuing operations available to common shareholders - basic and diluted	2		4
Earnings from net earnings attributable to Eastman Kodak Company	4	$ 7	11	$ (11)
(Loss) earnings from net earnings available to common shareholders - basic and diluted	$ (1)		$ 1
Basic	42.5	42.2	42.5	42.2
Effect of dilutive securities:
Weighted-average common shares outstanding - diluted	42.7	42.6	42.7	42.2
Restricted Stock Units [Member]
Effect of dilutive securities:
Unvested restricted stock units	0.2	0.4	0.2	0.2

Note 16 - Earnings Per Share (Details Textual) - $ / shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2.0		2.0
Weighted-average basic shares outstanding	42.5	42.2	42.5	42.2
Weighted average diluted shares	42.7	42.6	42.7	42.2
Warrant with Exercise Price of $14.93 [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1.8	1.8	1.8	1.8
Share Price	$ 14.93	$ 14.93	$ 14.93	$ 14.93
Warrant with Exercise Price of $16.12 [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1.8	1.8	1.8	1.8
Share Price	$ 16.12	$ 16.12	$ 16.12	$ 16.12
Employee Stock Option [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2.6	1.7	2.6	1.7
Restricted Stock Units [Member]
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Unvested restricted stock units	0.2	0.4	0.2	0.2

Note 17 - Shareholders' Equity (Details Textual) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Shareholders Equity [Line Items]
Stock Authorized	560,000,000
Common Stock, Shares Authorized	500,000,000
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	60,000,000
Preferred Stock, No Par Value	$ 0	$ 0
Common Stock, Shares, Outstanding	42,500,000	42,400,000
Treasury Stock, Shares	500,000	500,000
Series A Preferred Stock [Member]
Shareholders Equity [Line Items]
Preferred Stock, Shares Outstanding	2,000,000	2,000,000
Preferred Stock, Shares Issued	2,000,000	2,000,000

Note 18 - Changes in Other Comprehensive (Loss) Income, by Component (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Other Comprehensive Income Loss Net Of Tax Period Increase Decrease [Abstract]

Currency translation adjustments

$ 1

$ 14

$ 9

Newly established net actuarial loss

$ (1)

(2)

(1)

(144)

Tax benefit

Newly established net actuarial loss, net of tax

(1)

(143)

Amortization of prior service credit

^[1]

(2)

(4)

Amortization of actuarial gains

^[1]

(1)

Recognition of gains due to settlements

(1)

Total reclassification adjustments

(2)

(5)

(6)

Tax provision

Reclassification adjustments, net of tax

(2)

(1)

(5)

Pension and other postretirement benefit plan changes, net of tax

(3)

(2)

(6)

(148)

Other comprehensive (loss) income, net of tax attributable to Eastman Kodak Company

$ (3)

$ (1)

$ 8

$ (139)

[1]	Reclassified to Total Net Periodic Benefit Cost - refer to Note 14, "Retirement Plans and Other Postretirement Benefits".

Note 19 - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Currency translation adjustments	$ (82)	$ (96)
Pension and other postretirement benefit plan changes	(348)	(342)
Ending balance	$ (430)	$ (438)

Note 20 - Segment Information (Details Textual) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2016 USD ($)	Jun. 30, 2017 a Segment	Jun. 30, 2016 USD ($)
Segment Reporting Information [Line Items]
Number of Reportable Segments \| Segment		7
Discontinued Operations [Member]
Segment Reporting Information [Line Items]
Overhead costs no longer absorbed by the Prosper discontinued operations \| $	$ 4		$ 8
Eastman Business Park Rochester NY [Member] \| Minimum [Member]
Segment Reporting Information [Line Items]
Area of Real Estate Property \| a		1,200

Note 20 - Revenues and Earnings Loss from Continuing Operations (Details) - USD ($)
$ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Depreciation and amortization

$ 381

$ 423

$ 738

$ 800

(41)

(57)

Restructuring costs and other

(11)

(7)

(18)

(11)

Other operating (expense) income, net

(2)

(12)

(8)

Interest expense

(8)

(16)

(32)

Other income (charges), net

(1)

(2)

Consolidated earnings from continuing operations before income taxes

Continuing Operations [Member]

Earnings (losses) Before Interest, Taxes, Depreciation, and Amortization

381

423

738

800

Corporate components of pension and OPEB income

^[1]

Depreciation and amortization

(22)

(27)

(41)

(57)

Restructuring costs and other

(11)

(7)

(24)

(12)

Stock based compensation

(3)

(1)

(5)

(3)

Consulting and other costs

^[2]

(2)

(1)

(3)

Idle costs

^[3]

(1)

(2)

Manufacturing costs originally planned to be absorbed by silver metal mesh touch screen production

^[4]

(1)

Other operating (expense) income, net

^[5]

(2)

(12)

(8)

Interest expense

^[5]

(8)

(16)

(32)

Other income (charges), net

^[5]

(1)

(2)

Consolidated earnings from continuing operations before income taxes

Continuing Operations [Member] | Print Systems [Member]

Continuing Operations [Member] | Print Systems [Member] | Operating Segments [Member]

236

258

449

489

Earnings (losses) Before Interest, Taxes, Depreciation, and Amortization

Continuing Operations [Member] | Flexographic Packaging [Member]

Continuing Operations [Member] | Flexographic Packaging [Member] | Operating Segments [Member]

Earnings (losses) Before Interest, Taxes, Depreciation, and Amortization

Continuing Operations [Member] | Software and Solutions [Member]

Continuing Operations [Member] | Software and Solutions [Member] | Operating Segments [Member]

Earnings (losses) Before Interest, Taxes, Depreciation, and Amortization

(1)

(2)

(1)

Continuing Operations [Member] | Enterprise Inkjet Systems [Member]

Continuing Operations [Member] | Enterprise Inkjet Systems [Member] | Operating Segments [Member]

Earnings (losses) Before Interest, Taxes, Depreciation, and Amortization

(6)

(10)

Continuing Operations [Member] | Consumer and Film [Member]

Continuing Operations [Member] | Consumer and Film [Member] | Operating Segments [Member]

119

Earnings (losses) Before Interest, Taxes, Depreciation, and Amortization

(5)

(8)

Continuing Operations [Member] | Advanced Materials and 3D Printing Technology [Member] | Operating Segments [Member]

Earnings (losses) Before Interest, Taxes, Depreciation, and Amortization

(7)

(8)

(15)

Continuing Operations [Member] | Eastman Business Park Rochester NY [Member]

Continuing Operations [Member] | Eastman Business Park Rochester NY [Member] | Operating Segments [Member]

Earnings (losses) Before Interest, Taxes, Depreciation, and Amortization

$ 2

Continuing Operations [Member] | Other Segments [Member] | Operating Segments [Member]