Eastman Kodak (KODK) 10-Q 8 Aug 24 2024 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Aug. 01, 2024
Document Information [Line Items]
Entity Central Index Key	0000031235
Entity Registrant Name	EASTMAN KODAK CO
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	1-00087
Entity Incorporation, State or Country Code	NJ
Entity Tax Identification Number	16-0417150
Entity Address, Address Line One	343 STATE STREET
Entity Address, City or Town	ROCHESTER
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14650
City Area Code	800
Local Phone Number	356-3259
Title of 12(b) Security	Common stock, par value $0.01 per share
Trading Symbol	KODK
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		80,300,000

Consolidated Statement of Opera

Consolidated Statement of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenues	$ 267	$ 295	$ 516	$ 573
Cost of revenues
Total cost of revenues	209	232	409	460
Gross profit	(58)	(63)	(107)	(113)
Selling, general and administrative expenses	47	40	92	74
Research and development costs	8	9	17	18
Restructuring costs and other	0	5	5	6
Other operating expense (income), net	1	(1)	(16)	0
Earnings from operations before interest expense, pension income excluding service cost component, other expense (income), net and income taxes	2	10	9	15
Interest expense	15	11	30	22
Pension income excluding service cost component	(41)	(41)	(82)	(81)
Other expense (income), net	1	3	(1)	(4)
Earnings from operations before income taxes	27	37	62	78
Provision for income taxes	1	2	4	10
NET EARNINGS	$ 26	$ 35	$ 58	$ 68
Basic net earnings per share attributable to Eastman Kodak Company common shareholders (in dollars per share)	$ 0.25	$ 0.35	$ 0.56	$ 0.68
Diluted net earnings per share attributable to Eastman Kodak Company common shareholders (in dollars per share)	$ 0.23	$ 0.32	$ 0.52	$ 0.63
Weighted average shares — basic (in shares)	80.1	79.4	79.9	79.3
Diluted (in shares)	92.4	93	91.9	92.7
Product [Member]
Revenues	$ 227	$ 242	$ 433	$ 468
Cost of revenues
Total cost of revenues	181	195	349	388
Service [Member]
Revenues	40	53	83	105
Cost of revenues
Total cost of revenues	$ 28	$ 37	$ 60	$ 72

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
NET EARNINGS	$ 26	$ 35	$ 58	$ 68
Other comprehensive loss, net of tax:
Currency translation adjustments	(6)	(11)	(12)	(12)
Pension and other postretirement benefit plan obligation activity, net of tax	(7)	(123)	(13)	(129)
Other comprehensive loss, net of tax	(13)	(134)	(25)	(141)
COMPREHENSIVE INCOME (LOSS), NET OF TAX	$ 13	$ (99)	$ 33	$ (73)

Consolidated Statement of Finan

Consolidated Statement of Financial Position (Unaudited) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 251	$ 255
Trade receivables, net of allowances of $7 and $8, respectively	139	195
Inventories, net	232	217
Other current assets	38	45
Total current assets	660	712
Property, plant and equipment, net of accumulated depreciation of $473 and $470, respectively	177	169
Goodwill	12	12
Intangible assets, net	22	24
Operating lease right-of-use assets	29	30
Restricted cash	100	110
Pension and other postretirement assets	1,279	1,216
Other long-term assets	80	82
TOTAL ASSETS	2,359	2,355
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY
Accounts payable, trade	128	125
Short-term borrowings and current portion of long-term debt	1	1
Current portion of operating leases	10	13
Other current liabilities	139	144
Total current liabilities	278	283
Long-term debt, net of current portion	453	457
Pension and other postretirement liabilities	224	237
Operating leases, net of current portion	25	24
Other long-term liabilities	204	213
Total liabilities	1,184	1,214
Commitments and Contingencies (Note 6)
Redeemable, convertible preferred stock, no par value, $100 per share liquidation preference	214	210
Equity (Deficit)
Common stock, $0.01 par value	0	0
Additional paid in capital	1,154	1,156
Treasury stock, at cost	(12)	(11)
Accumulated deficit	(437)	(495)
Accumulated other comprehensive income	256	281
Total shareholders’ equity	961	931
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY	2,359	2,355
Redeemable Preferred Stock [Member]
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY
Redeemable, convertible preferred stock, no par value, $100 per share liquidation preference	$ 214	$ 210

Consolidated Statement of Fin_2

Consolidated Statement of Financial Position (Unaudited) (Parentheticals) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Allowance for trade receivables	$ 7	$ 8
Property, plant, equipment, accumulated depreciation	$ 473	$ 470
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Redeemable Preferred Stock [Member]
Preferred stock, no par value (in dollars per share)	0	0
Preferred stock, liquidation preference per share (in dollars per share)	$ 100	$ 100

Consolidated Statement of Cash

Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net earnings		$ 58	$ 68
Depreciation and amortization		13	16
Pension and postretirement income		(73)	(72)
Change in fair value of the Preferred Stock and Convertible Notes embedded derivatives		0	2
Non-cash changes in workers' compensation and employee benefit reserves		(1)	0
Stock based compensation		4	5
Net gain from sale of assets		(17)	(1)
(Benefit) provision from deferred income taxes		(1)	1
Decrease in trade receivables		51	17
(Increase) decrease in miscellaneous receivables		(1)	7
Increase in inventories		(18)	(11)
Decrease in trade payables		(1)	(7)
Decrease in liabilities excluding borrowings and trade payables		(22)	(9)
Other items, net		18	5
Total adjustments		(48)	(47)
Net cash provided by operating activities		10	21
Cash flows from investing activities:
Additions to properties		(19)	(11)
Proceeds from sale of assets		17	0
Net cash used in investing activities		(2)	(11)
Cash flows from financing activities:
Preferred stock cash dividend payments		(2)	(2)
Treasury stock purchases		(1)	0
Net cash used in financing activities		(20)	(2)
Effect of exchange rate changes on cash, cash equivalents and restricted cash		(5)	(2)
Net (decrease) increase in cash, cash equivalents and restricted cash		(17)	6
Cash, cash equivalents and restricted cash, beginning of period		377	286
Cash, cash equivalents and restricted cash, end of period	[1]	360	292
Amended and Restated Term Loan Agreement [Member]
Cash flows from financing activities:
Repayment of Amended and Restated Term Loan Agreement		$ (17)	$ 0
[1]Refer to Note 2, “Cash, Cash Equivalents and Restricted Cash” for the components of cash, cash equivalents and restricted cash.

Consolidated Statement of Equit

Consolidated Statement of Equity (Deficit) (Unaudited) - USD ($) $ in Millions	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock, Common [Member]	Preferred Stock [Member]		Total
Balance at Dec. 31, 2022	$ 0	$ 1,160	$ (570)	$ 462	$ (11)	$ 203	[1]	$ 1,041
Net earnings	0	0	33	0	0	0	[1]	33
Currency translation adjustments	0	0	0	(1)	0	0	[1]	(1)
Pension and other postretirement liability adjustments				(6)		0	[1]	(6)
Preferred stock cash dividends	0	(1)	0	0	0	0		(1)
Preferred stock in-kind dividends	0	(1)	0	0	0	1	[1]	(1)
Preferred stock deemed dividends	0	(1)	0	0	0	1	[1]	(1)
Stock-based compensation	0	4	0	0	0	0	[1]	4
Balance at Mar. 31, 2023	0	1,161	(537)	455	(11)	205	[1]	1,068
Balance at Dec. 31, 2022	0	1,160	(570)	462	(11)	203	[1]	1,041
Net earnings								68
Balance at Jun. 30, 2023	0	1,159	(502)	321	(11)	207		967
Balance at Mar. 31, 2023	0	1,161	(537)	455	(11)	205	[1]	1,068
Net earnings	0	0	35	0	0	0		35
Currency translation adjustments	0	0	0	(11)	0	0		(11)
Pension and other postretirement liability adjustments	0	0	0	(123)	0	0		(123)
Preferred stock cash dividends	0	(1)	0	0	0	0		(1)
Preferred stock in-kind dividends	0	(2)	0	0	0	2		(2)
Stock-based compensation	0	1	0	0	0	0		1
Balance at Jun. 30, 2023	0	1,159	(502)	321	(11)	207		967
Balance at Dec. 31, 2023	0	1,156	(495)	281	(11)	210	[2]	931
Net earnings	0	0	32	0	0	0	[2]	32
Currency translation adjustments	0	0	0	(6)	0	0	[2]	(6)
Pension and other postretirement liability adjustments	0	0	0	(6)	0	0	[2]	(6)
Preferred stock cash dividends	0	(1)	0	0	0	0		(1)
Preferred stock in-kind dividends	0	(1)	0	0	0	1	[2]	(1)
Preferred stock deemed dividends	0	(1)	0	0	0	1	[2]	(1)
Stock-based compensation	0	3	0	0	0	0	[2]	3
Balance at Mar. 31, 2024	0	1,156	(463)	269	(11)	212	[2]	951
Balance at Dec. 31, 2023	0	1,156	(495)	281	(11)	210	[2]	931
Net earnings								58
Balance at Jun. 30, 2024	0	1,154	(437)	256	(12)	214		961
Balance at Mar. 31, 2024	0	1,156	(463)	269	(11)	212	[2]	951
Net earnings	0	0	26	0	0	0		26
Currency translation adjustments	0	0	0	(6)	0	0		(6)
Pension and other postretirement liability adjustments	0	0	0	(7)	0	0		(7)
Preferred stock cash dividends	0	(1)	0	0	0	0		(1)
Preferred stock in-kind dividends	0	(2)	0	0	0	2		(2)
Stock-based compensation	0	1	0	0	0	0		1
Purchases of treasury stock (1)	0	0	0	0	(1)	0		(1)
Balance at Jun. 30, 2024	$ 0	$ 1,154	$ (437)	$ 256	$ (12)	$ 214		$ 961
[1]There are 60 million shares of no-par value preferred stock authorized, 2.1 million of which are issued and outstanding at December 31, 2022. 2.0 million shares of preferred stock were issued and outstanding at December 31, 2021 and 2020.[2]There are 60 million shares of no-par value preferred stock authorized, 2.1 million of which are issued and outstanding at December 31, 2023 and 2022. 2.0 million shares of preferred stock were issued and outstanding at December 31, 2021.

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation and Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 1: 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 10 01 X. not 10 December 31, 2023 2023 10 RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS There are no RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS In December 2023, 2023 09, 740 2023 09 December 15, 2024 ( January 1, 2025 November 2023, 2023 07, 280 2023 07 not December 15, 2023 ( January 1, 2024 December 15, 2024 ( January 1, 2025

Note 2 - Cash, Cash Equivalents

Note 2 - Cash, Cash Equivalents and Restricted Cash	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	NOTE 2: The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Statement of Financial Position that sums to the total of such amounts shown in the Consolidated Statement of Cash Flows: June 30, December 31, (in millions) 2024 2023 Cash and cash equivalents $ 251 $ 255 Restricted cash reported in Other current assets 9 12 Restricted cash 100 110 Total cash, cash equivalents and restricted cash shown in the Statement of Cash Flows $ 360 $ 377 Restricted cash reported in Other current assets on the Consolidated Statement of Financial Position primarily represented amounts that support hedging activities and an escrow of $2 million and $3 million as of June 30, 2024 December 31, 2023 third 2024. Restricted cash included $29 million and $32 million as of June 30, 2024 December 31, 2023 June 30, 2024 December 31, 2023 June 30, 2024 December 31, 2023 December 31, 2023

Note 3 - Inventories, Net

Note 3 - Inventories, Net	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 3: June 30, December 31, (in millions) 2024 2023 Finished goods $ 93 $ 85 Work in process 73 68 Raw materials 66 64 Total $ 232 $ 217

Note 4 - Redeemable, Convertibl

Note 4 - Redeemable, Convertible Preferred Stock	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Temporary Equity Disclosure [Text Block]	NOTE 4: Redeemable convertible preferred stock was as follows: June 30, December 31, (in millions) 2024 2023 Series B preferred stock $ 97 $ 96 Series C preferred stock 117 114 Total $ 214 $ 210 Series B Preferred Stock On February 26, 2021 one million C2W one one not May 28, 2026 Dividend and Other Rights The Series B Preferred Stock has a liquidation preference of $100 per share, and the holders of Series B Preferred Stock are entitled to cumulative dividends payable quarterly in cash at a rate of 4.0% per annum. Dividends owed on the Series B Preferred Stock have been declared and paid when due. If dividends on any Series B Preferred Stock are in arrears for six one Conversion Features Each share of Series B Preferred Stock is convertible, at the option of each holder at any time, into shares of Common Stock at the initial conversion rate of 9.5238 shares of Common Stock for each share of Series B Preferred Stock (equivalent to an initial conversion price of $10.50 per share of Common Stock). The initial conversion rate and the corresponding conversion price are subject to certain customary anti-dilution adjustments. If a holder elects to convert any shares of Series B Preferred Stock during a specified period in connection with a fundamental change (as defined in the Series B Certificate of Designations), such holder can elect to have the conversion rate adjusted and can elect to receive a cash payment in lieu of shares for a portion of the shares. Such holder will also be entitled to a payment in respect of accumulated dividends. In addition, the Company will have the right to require holders to convert any shares of Series B Preferred Stock in connection with certain reorganization events in which case the conversion rate will be adjusted, subject to certain limitations. The Company will have the right to cause the mandatory conversion of the Series B Preferred Stock into shares of Common Stock at any time after the initial issuance of the Series B Preferred Stock if the closing price of the Common Stock has equaled or exceeded $14.50 (subject to adjustment in the same manner as the conversion price) for 45 trading days within a period of 60 consecutive trading days. Embedded Conversion Features The Company allocated $1 June 30, 2024 December 31, 2023 The carrying value of the Series B Preferred Stock 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, May 28, 2026. Series C Preferred Stock On February 26, 2021, not May 28, 2026, two Dividend and Other Rights The Series C Preferred Stock has a liquidation preference of $100 per share, and the holders of Series C Preferred Stock are entitled to cumulative dividends payable quarterly “in‐kind” in the form of additional shares of Series C Preferred Stock at a rate of 5.0% per annum. Dividends owed on the Series C Preferred Stock have been declared and additional Series C shares issued when due. Holders of the Series C Preferred Stock are also entitled to participate in any dividends paid on the Common Stock (other than stock dividends) on an as-converted basis, with such dividends on any shares of the Series C Preferred Stock being payable upon conversion of such shares of Series C Preferred Stock to Common Stock. Conversion Features Each share of Series C Preferred Stock is convertible, at the option of each holder at any time, into shares of Common Stock at the initial conversion price of $10 per share of Common Stock. The initial conversion price and the corresponding conversion rate are subject to certain customary anti-dilution adjustments and to proportional increase in the event the liquidation preference of the Series C Preferred Stock is automatically increased. If a holder elects to convert any shares of Series C Preferred Stock during a specified period in connection with a fundamental change (as defined in the Series C Certificate of Designations), such holder can elect to have the conversion rate adjusted and can elect to receive a cash payment in lieu of shares for a portion of the shares of Common Stock. Such holder will also be entitled to a payment in respect of accumulated dividends and a payment based on the present value of all required remaining dividend payments through May 28, 2026, The Company has the right to cause the mandatory conversion of the Series C Preferred Stock into shares of Common Stock at any time after February 26, 2024 Embedded Conversion Features The Company allocated $2 million of the net proceeds received to a derivative liability based on the aggregate fair value of the embedded conversion feature of the Series C Preferred Stock on the dates of issuance which reduced the original carrying value of the Series C Preferred Stock. The derivative is being accounted for at fair value with subsequent changes in the fair value being reported as part of Other (expense) income, net in the Consolidated Statement of Operations. The fair value of the Series C Preferred Stock derivative as of both June 30, 2024 December 31, 2023 The carrying value of the Series C Preferred Stock 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.

Note 5 - Leases

Note 5 - Leases	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Leases as Lessee and Lessor Disclosure[Text Block]	NOTE 5: Income recognized on operating lease arrangements for the three six June 30, 2024 2023 three six June 30, 2024 three six June 2023 Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Lease income - operating leases: Lease income $ 2 $ 2 $ 4 $ 4 Variable lease income 1 2 3 3 Total lease income $ 3 $ 4 $ 7 $ 7

Note 6 - Commitments and Contin

Note 6 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 6: As of June 30, 2024 Kodak’s Brazilian operations are involved in various litigation matters in Brazil 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’s Brazilian operations are disputing these matters and intend 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, 2024 may In connection with assessments in Brazil, local regulations may June 30, 2024 March 12, 2024 The Company has received five July 28, 2020 ( On May 19, 2021 one August 23, 2021, October 22, 2021. March 17, 2022, On September 2, 2021 one one October 4, 2021 10 January 18, 2022, February 16, 2022, April 15, 2022. September 30, 2022. November 14, 2022, December 27, 2022 December 23, 2022, August 9, 2023, September 26, 2023. October 25, 2023 March 21, 2024. June 20, 2024, July 11, 2024. Additional shareholder derivative lawsuits may no not 8‐K September 16, 2020. first not 10 not no second may The DFC Announcement has also prompted investigations by several congressional committees, the SEC and the New York Attorney General’s office. The Company has cooperated in those investigations. In addition, Kodak is involved in various lawsuits, claims, investigations, remediations and proceedings, including, from time to time, commercial, customs, employment, environmental, tort 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

Note 7 - Guarantees

Note 7 - Guarantees	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Guarantees [Text Block]	NOTE 7: In connection with the settlement of certain of the Company’s historical environmental liabilities at Eastman Business Park, a more than 1,200-acre technology center and industrial complex in Rochester, New York, in the event the historical liabilities exceed $99 million, the Company will become liable for 50% of the portion above $99 no no Extended Warranty Arrangements Kodak offers its customers extended warranty arrangements that are generally one may three six December 31, 2023 June 30, 2024, (in millions) Deferred revenue on extended warranties as of December 31, 2023 $ 17 New extended warranty and maintenance arrangements deferred 39 Recognition of extended warranty and maintenance arrangement revenue (41 ) Deferred revenue on extended warranties as of June 30, 2024 $ 15

Note 8 - Revenue

Note 8 - Revenue	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE 8: Disaggregation of Revenue The following tables present revenue disaggregated by major product and geography: Major Product: Three Months Ended June 30, 2024 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 134 $ 6 $ — $ — $ 140 Ongoing service arrangements 39 — — — 39 Total annuities 173 6 — — 179 Equipment & software 13 1 — — 14 Film and chemicals — 65 — — 65 Total Core 186 72 — — 258 Growth products (2) — 1 — — 1 Other (3) — — 4 4 8 Total $ 186 $ 73 $ 4 $ 4 $ 267 Six Months Ended June 30, 2024 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 262 $ 13 $ — $ — $ 275 Ongoing service arrangements 80 — — — 80 Total annuities 342 13 — — 355 Equipment & software 26 1 — — 27 Film and chemicals — 116 — — 116 Total Core 368 130 — — 498 Growth products (2) — 2 — — 2 Other (3) — — 8 8 16 Total $ 368 $ 132 $ 8 $ 8 $ 516 Three Months Ended June 30, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 148 $ 6 $ — $ — $ 154 Ongoing service arrangements 47 — — — 47 Total annuities 195 6 — — 201 Equipment & software 20 — — — 20 Film and chemicals — 61 — — 61 Total Core 215 67 — — 282 Growth products (2) — 5 — — 5 Other (3) — — 4 4 8 Total $ 215 $ 72 $ 4 $ 4 $ 295 Six Months Ended June 30, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 292 $ 12 $ — $ — $ 304 Ongoing service arrangements 97 — — — 97 Total annuities 389 12 — — 401 Equipment & software 35 — — — 35 Film and chemicals — 113 — — 113 Total Core 424 125 — — 549 Growth products (2) — 8 — — 8 Other (3) — — 8 8 16 Total $ 424 $ 133 $ 8 $ 8 $ 573 ( 1 Core includes the Print segment and the Motion Picture and Industrial Film and Chemicals businesses within the Advanced Materials and Chemicals segment, excluding coating and product commercialization services (“Coating Services”). ( 2 Growth consists of Coating Services and Advanced Materials and Functional Printing within the Advanced Materials and Chemicals segment. ( 3 Other consists of Intellectual Property Licensing ("IP Licensing") within the Advanced Materials and Chemicals segment, Brand Licensing and Eastman Business Park. Geography ( 1 Three Months Ended June 30, 2024 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 60 $ 58 $ 4 $ 4 $ 126 Canada 4 1 — — 5 North America 64 59 4 4 131 Europe, Middle East and Africa 80 6 — — 86 Asia Pacific 37 8 — — 45 Latin America 5 — — — 5 Total $ 186 $ 73 $ 4 $ 4 $ 267 Six Months Ended June 30, 2024 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 117 $ 105 $ 8 $ 8 $ 238 Canada 7 1 — — 8 North America 124 106 8 8 246 Europe, Middle East and Africa 160 11 — — 171 Asia Pacific 75 15 — — 90 Latin America 9 — — — 9 Total $ 368 $ 132 $ 8 $ 8 $ 516 Three Months Ended June 30, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 66 $ 59 $ 4 $ 4 $ 133 Canada 5 — — — 5 North America 71 59 4 4 138 Europe, Middle East and Africa 92 5 — — 97 Asia Pacific 46 8 — — 54 Latin America 6 — — — 6 Total $ 215 $ 72 $ 4 $ 4 $ 295 Six Months Ended June 30, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 132 $ 107 $ 8 $ 8 $ 255 Canada 8 1 — — 9 North America 140 108 8 8 264 Europe, Middle East and Africa 181 10 — — 191 Asia Pacific 91 15 — — 106 Latin America 12 — — — 12 Total $ 424 $ 133 $ 8 $ 8 $ 573 ( 1 Sales are reported in the geographic area in which they originate. Contract Balances The timing of revenue recognition, billings and cash collections results in billed trade receivables, unbilled receivables (contract assets), and customer advances and deposits (contract liabilities) in the Consolidated Statement of Financial Position. The contract assets are transferred to trade receivables when the rights to consideration become unconditional. The amount recorded for contract assets at both June 30, 2024 December 31, 2023 June 30, 2024 December 31, 2023 Revenue recognized for both the three six June 30, 2024 2023 2024 2023 June 30, 2024 three six June 30, 2024 June 30, 2023 three six June 30, 2023 Kodak does not one one June 30, 2024 2024, 2025, 2026 2027

Note 9 - Other Operating Expens

Note 9 - Other Operating Expense (Income), Net	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Other Operating Income and Expense [Text Block]	NOTE 9: Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Gain on sale of assets (1) $ — $ (1 ) $ (17 ) $ (1 ) Other 1 — 1 1 Total $ 1 $ (1 ) $ (16 ) $ — ( 1 In the first 2024,

Note 10 - Other Expense (Income

Note 10 - Other Expense (Income), Net	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Other Nonoperating Income and Expense [Text Block]	NOTE 10: Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Interest income (1) $ (3 ) $ (1 ) $ (7 ) $ (10 ) Loss on foreign exchange transactions 3 3 6 3 Change in fair value of embedded conversion features derivative liability — 1 — 2 Other 1 — — 1 Total $ 1 $ 3 $ (1 ) $ (4 ) ( 1 The first 2023

Note 11 - Income Taxes

Note 11 - Income Taxes	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 11: Kodak’s income tax provision and effective tax rate were as follows: Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Earnings from operations before income taxes $ 27 $ 37 $ 62 $ 78 Effective tax rate 3.7 % 5.4 % 6.5 % 12.8 % Provision for income taxes 1 2 4 10 Provision for income taxes at U.S. statutory tax rate 6 8 13 16 Difference between tax at effective vs. statutory rate $ (5 ) $ (6 ) $ (9 ) $ (6 ) For the three six June 30, 2024, 1 2 3 4 In December 2021, 2 15%. 2024. 2 no three six June 30, 2024. For the three six June 30, 2023, 1 2 3 4

Note 12 - Retirement Plans and

Note 12 - Retirement Plans and Other Postretirement Benefits	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Retirement Benefits [Text Block]	NOTE 12: 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, 2024 2023 2024 2023 (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 $ 4 $ — $ 4 $ — $ 7 $ 1 $ 7 $ 1 Interest cost 28 4 29 5 55 9 58 10 Expected return on plan assets (63 ) (4 ) (64 ) (5 ) (125 ) (9 ) (128 ) (10 ) Amortization of: Prior service cost 3 — 1 — 6 — 3 — Actuarial (gain) loss (10 ) — (7 ) 1 (19 ) — (14 ) 1 Net pension (income) expense before special termination benefits (38 ) — (37 ) 1 (76 ) 1 (74 ) 2 Special termination benefits (1) — — — — 1 — — — Net pension (income) expense from major plans (38 ) — (37 ) 1 (75 ) 1 (74 ) 2 Other plans — 1 — — — 1 — — Total net pension (income) expense $ (38 ) $ 1 $ (37 ) $ 1 $ (75 ) $ 2 $ (74 ) $ 2 ( 1

Note 13 - Earnings Per Share

Note 13 - Earnings Per Share	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 13: 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 computations include any dilutive effect of potential common shares. In periods with a net loss available to common shareholders, 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 six June 30, 2024 2023 Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Net earnings $ 26 $ 35 $ 58 $ 68 Less: Series B Preferred stock cash dividends (1 ) (1 ) (2 ) (2 ) Less: Series C Preferred stock in-kind dividends (2 ) (2 ) (3 ) (3 ) Less: Preferred stock deemed dividends — — (1 ) (1 ) Less: Earnings attributable to Series C Preferred shareholders (3 ) (4 ) (7 ) (8 ) Net earnings available to common shareholders - basic $ 20 $ 28 $ 45 $ 54 Effect of dilutive securities: Add back: Series B preferred stock cash and deemed dividends $ 1 $ 1 $ 3 $ 2 Add back: Convertible Notes interest expense — 1 $ — 2 Net earnings available to common shareholders - diluted $ 21 $ 30 $ 48 $ 58 Three Months Ended Six Months Ended June 30, June 30, (in millions of shares) 2024 2023 2024 2023 Weighted average shares — basic 80.1 79.4 79.9 79.3 Effect of dilutive securities Unvested restricted stock units 1.7 0.9 1.6 0.8 Employee stock options 1.1 0.7 0.9 0.6 Series B Preferred Stock 9.5 9.5 9.5 9.5 Convertible Notes — 2.5 — 2.5 Weighted average shares — diluted 92.4 93.0 91.9 92.7 The computation of diluted earnings per share for the three six June 30, 2024 1 2 3 six June 30, 2024 the assumed vesting of 0.2 million unvested restricted stock units The computation of diluted earnings per share for the three six June 30, 2023 1 2 3 six June 30, 2023,

Note 14 - Shareholders' Equity

Note 14 - Shareholders' Equity	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Equity [Text Block]	NOTE 14: EQUITY The Company 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 one Common Stock As of June 30, 2024 December 31, 2023 Preferred Stock Series B Preferred stock issued and outstanding as of both June 30, 2024 December 31, 2023 1.0 June 30, 2024 December 31, 2023 Treasury Stock Treasury stock consisted of approximately 1.2 million and 1.0 million shares as of June 30, 2024 December 31, 2023

Note 15 - Other Comprehensive L

Note 15 - Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	NOTE 15: The changes in Other comprehensive loss by component were as follows: Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Currency translation adjustments Currency translation adjustments $ (6 ) $ (11 ) $ (12 ) $ (12 ) Pension and other postretirement benefit plan changes Newly established net loss — (117 ) — (117 ) Tax provision — — — — Newly established net (loss) gain and prior service cost, net of tax — (117 ) — (117 ) Reclassification adjustments: Amortization of prior service cost (1) 3 2 6 3 Amortization of actuarial gains (1) (10 ) (8 ) (19 ) (15 ) Total reclassification adjustments (7 ) (6 ) (13 ) (12 ) Tax provision — — — — Reclassification adjustments, net of tax (7 ) (6 ) (13 ) (12 ) Pension and other postretirement benefit plan changes, net of tax (7 ) (123 ) (13 ) (129 ) Other comprehensive loss $ (13 ) $ (134 ) $ (25 ) $ (141 ) ( 1 Reclassified to Total Net Periodic Benefit Cost - refer to Note 12,

Note 16 - Segment Information

Note 16 - Segment Information	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 16: Kodak has three Print five Advanced Materials and Chemicals: four Brand All Other Segment financial information is shown below: Segment Revenues Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Print $ 186 $ 215 $ 368 $ 424 Advanced Materials and Chemicals 73 72 132 133 Brand 4 4 8 8 All Other 4 4 8 8 Total $ 267 $ 295 $ 516 $ 573 Segment Operational EBITDA and Consolidated Earnings from Operations Before Income Taxes Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Print $ — $ 8 $ — $ 14 Advanced Materials and Chemicals 8 11 9 11 Brand 4 3 7 6 Total of reportable segments 12 22 16 31 All other — 1 1 1 Depreciation and amortization (6 ) (8 ) (13 ) (16 ) Restructuring costs and other — (5 ) (5 ) (6 ) Stock based compensation (1 ) (1 ) (4 ) (5 ) Consulting and other costs (1) (1 ) 1 (1 ) 11 Idle costs (2) (1 ) (1 ) (1 ) (1 ) Other operating (expense) income, net (3) (1 ) 1 16 — Interest expense (3) (15 ) (11 ) (30 ) (22 ) Pension income excluding service cost component (3) 41 41 82 81 Other (expense) income, net (3) (1 ) (3 ) 1 4 Consolidated earnings from operations before income taxes $ 27 $ 37 $ 62 $ 78 ( 1 Consulting and other costs are primarily professional services and internal costs associated with certain corporate strategic initiatives, investigations and litigation. Consulting and other costs included $1 million and $11 million of income in the three six June 30, 2023, ( 2 Consists of third‐party costs such as security, maintenance and utilities required to maintain land and buildings in certain locations not ( 3 As reported in the Consolidated Statement of Operations. Kodak decreased employee benefit reserves by approximately $1 million in the six June 30, 2024 six June 30, 2024 three June 30, 2024. Kodak decreased employee benefit reserves by approximately $1 million in the three June 30, 2023, six June 30, 2023 $1 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 from operations excluding the provision for income taxes; non-service cost components of pension and other postemployment benefits (“OPEB”) income; depreciation and amortization expense; restructuring costs and other; stock-based compensation expense; consulting and other costs; idle costs; interest expense; other operating (expense) income, net and other (expense) income, net. Kodak’s segments are measured using Operational EBITDA both before and after allocation of corporate 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

Note 17 - Financial Instruments

Note 17 - Financial Instruments	6 Months Ended
	Jun. 30, 2024
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 17: 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 not Kodak’s foreign currency forward contracts are not June 30, 2024 December 31, 2023 June 30, 2024 December 31, 2023 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) 2024 2023 2024 2023 Net loss from derivatives not designated as hedging instruments $ 3 $ 11 $ 10 $ 12 Kodak had no derivatives designated as hedging instruments for the three six June 30, 2024 2023 In the event of a default under any of the Company’s credit agreements, 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 Fair Value Fair values of Kodak’s foreign currency forward contracts are determined using observable inputs (Level 2 June 30, 2024 December 31, 2023 June 30, 2024 December 31, 2023 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 three six June 30, 2024 The fair values of long-term debt (Level 2 June 30, 2024 December 31, 2023 June 30, 2024 December 31, 2023

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]		Item 5. Rule 10b5 1 (c) Trading Plans None.
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Note 2 - Cash, Cash Equivalen_2

Note 2 - Cash, Cash Equivalents and Restricted Cash (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Cash and Cash Equivalents [Table Text Block]	June 30, December 31, (in millions) 2024 2023 Cash and cash equivalents $ 251 $ 255 Restricted cash reported in Other current assets 9 12 Restricted cash 100 110 Total cash, cash equivalents and restricted cash shown in the Statement of Cash Flows $ 360 $ 377

Note 3 - Inventories, Net (Tabl

Note 3 - Inventories, Net (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	June 30, December 31, (in millions) 2024 2023 Finished goods $ 93 $ 85 Work in process 73 68 Raw materials 66 64 Total $ 232 $ 217

Note 4 - Redeemable, Converti_2

Note 4 - Redeemable, Convertible Preferred Stock (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Temporary Equity [Table Text Block]	June 30, December 31, (in millions) 2024 2023 Series B preferred stock $ 97 $ 96 Series C preferred stock 117 114 Total $ 214 $ 210

Note 5 - Leases (Tables)

Note 5 - Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Lease Income [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Lease income - operating leases: Lease income $ 2 $ 2 $ 4 $ 4 Variable lease income 1 2 3 3 Total lease income $ 3 $ 4 $ 7 $ 7

Note 7 - Guarantees (Tables)

Note 7 - Guarantees (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	(in millions) Deferred revenue on extended warranties as of December 31, 2023 $ 17 New extended warranty and maintenance arrangements deferred 39 Recognition of extended warranty and maintenance arrangement revenue (41 ) Deferred revenue on extended warranties as of June 30, 2024 $ 15

Note 8 - Revenue (Tables)

Note 8 - Revenue (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended June 30, 2024 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 134 $ 6 $ — $ — $ 140 Ongoing service arrangements 39 — — — 39 Total annuities 173 6 — — 179 Equipment & software 13 1 — — 14 Film and chemicals — 65 — — 65 Total Core 186 72 — — 258 Growth products (2) — 1 — — 1 Other (3) — — 4 4 8 Total $ 186 $ 73 $ 4 $ 4 $ 267 Six Months Ended June 30, 2024 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 262 $ 13 $ — $ — $ 275 Ongoing service arrangements 80 — — — 80 Total annuities 342 13 — — 355 Equipment & software 26 1 — — 27 Film and chemicals — 116 — — 116 Total Core 368 130 — — 498 Growth products (2) — 2 — — 2 Other (3) — — 8 8 16 Total $ 368 $ 132 $ 8 $ 8 $ 516 Three Months Ended June 30, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 148 $ 6 $ — $ — $ 154 Ongoing service arrangements 47 — — — 47 Total annuities 195 6 — — 201 Equipment & software 20 — — — 20 Film and chemicals — 61 — — 61 Total Core 215 67 — — 282 Growth products (2) — 5 — — 5 Other (3) — — 4 4 8 Total $ 215 $ 72 $ 4 $ 4 $ 295 Six Months Ended June 30, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 292 $ 12 $ — $ — $ 304 Ongoing service arrangements 97 — — — 97 Total annuities 389 12 — — 401 Equipment & software 35 — — — 35 Film and chemicals — 113 — — 113 Total Core 424 125 — — 549 Growth products (2) — 8 — — 8 Other (3) — — 8 8 16 Total $ 424 $ 133 $ 8 $ 8 $ 573 Three Months Ended June 30, 2024 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 60 $ 58 $ 4 $ 4 $ 126 Canada 4 1 — — 5 North America 64 59 4 4 131 Europe, Middle East and Africa 80 6 — — 86 Asia Pacific 37 8 — — 45 Latin America 5 — — — 5 Total $ 186 $ 73 $ 4 $ 4 $ 267 Six Months Ended June 30, 2024 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 117 $ 105 $ 8 $ 8 $ 238 Canada 7 1 — — 8 North America 124 106 8 8 246 Europe, Middle East and Africa 160 11 — — 171 Asia Pacific 75 15 — — 90 Latin America 9 — — — 9 Total $ 368 $ 132 $ 8 $ 8 $ 516 Three Months Ended June 30, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 66 $ 59 $ 4 $ 4 $ 133 Canada 5 — — — 5 North America 71 59 4 4 138 Europe, Middle East and Africa 92 5 — — 97 Asia Pacific 46 8 — — 54 Latin America 6 — — — 6 Total $ 215 $ 72 $ 4 $ 4 $ 295 Six Months Ended June 30, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 132 $ 107 $ 8 $ 8 $ 255 Canada 8 1 — — 9 North America 140 108 8 8 264 Europe, Middle East and Africa 181 10 — — 191 Asia Pacific 91 15 — — 106 Latin America 12 — — — 12 Total $ 424 $ 133 $ 8 $ 8 $ 573

Note 9 - Other Operating Expe_2

Note 9 - Other Operating Expense (Income), Net (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Other Operating Cost and Expense, by Component [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Gain on sale of assets (1) $ — $ (1 ) $ (17 ) $ (1 ) Other 1 — 1 1 Total $ 1 $ (1 ) $ (16 ) $ —

Note 10 - Other Expense (Inco_2

Note 10 - Other Expense (Income), Net (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Other Nonoperating Income, by Component [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Interest income (1) $ (3 ) $ (1 ) $ (7 ) $ (10 ) Loss on foreign exchange transactions 3 3 6 3 Change in fair value of embedded conversion features derivative liability — 1 — 2 Other 1 — — 1 Total $ 1 $ 3 $ (1 ) $ (4 )

Note 11 - Income Taxes (Tables)

Note 11 - Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Earnings from operations before income taxes $ 27 $ 37 $ 62 $ 78 Effective tax rate 3.7 % 5.4 % 6.5 % 12.8 % Provision for income taxes 1 2 4 10 Provision for income taxes at U.S. statutory tax rate 6 8 13 16 Difference between tax at effective vs. statutory rate $ (5 ) $ (6 ) $ (9 ) $ (6 )

Note 12 - Retirement Plans an_2

Note 12 - Retirement Plans and Other Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2024 2023 2024 2023 (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 $ 4 $ — $ 4 $ — $ 7 $ 1 $ 7 $ 1 Interest cost 28 4 29 5 55 9 58 10 Expected return on plan assets (63 ) (4 ) (64 ) (5 ) (125 ) (9 ) (128 ) (10 ) Amortization of: Prior service cost 3 — 1 — 6 — 3 — Actuarial (gain) loss (10 ) — (7 ) 1 (19 ) — (14 ) 1 Net pension (income) expense before special termination benefits (38 ) — (37 ) 1 (76 ) 1 (74 ) 2 Special termination benefits (1) — — — — 1 — — — Net pension (income) expense from major plans (38 ) — (37 ) 1 (75 ) 1 (74 ) 2 Other plans — 1 — — — 1 — — Total net pension (income) expense $ (38 ) $ 1 $ (37 ) $ 1 $ (75 ) $ 2 $ (74 ) $ 2

Note 13 - Earnings Per Share (T

Note 13 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Net earnings $ 26 $ 35 $ 58 $ 68 Less: Series B Preferred stock cash dividends (1 ) (1 ) (2 ) (2 ) Less: Series C Preferred stock in-kind dividends (2 ) (2 ) (3 ) (3 ) Less: Preferred stock deemed dividends — — (1 ) (1 ) Less: Earnings attributable to Series C Preferred shareholders (3 ) (4 ) (7 ) (8 ) Net earnings available to common shareholders - basic $ 20 $ 28 $ 45 $ 54 Effect of dilutive securities: Add back: Series B preferred stock cash and deemed dividends $ 1 $ 1 $ 3 $ 2 Add back: Convertible Notes interest expense — 1 $ — 2 Net earnings available to common shareholders - diluted $ 21 $ 30 $ 48 $ 58 Three Months Ended Six Months Ended June 30, June 30, (in millions of shares) 2024 2023 2024 2023 Weighted average shares — basic 80.1 79.4 79.9 79.3 Effect of dilutive securities Unvested restricted stock units 1.7 0.9 1.6 0.8 Employee stock options 1.1 0.7 0.9 0.6 Series B Preferred Stock 9.5 9.5 9.5 9.5 Convertible Notes — 2.5 — 2.5 Weighted average shares — diluted 92.4 93.0 91.9 92.7

Note 15 - Other Comprehensive_2

Note 15 - Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Currency translation adjustments Currency translation adjustments $ (6 ) $ (11 ) $ (12 ) $ (12 ) Pension and other postretirement benefit plan changes Newly established net loss — (117 ) — (117 ) Tax provision — — — — Newly established net (loss) gain and prior service cost, net of tax — (117 ) — (117 ) Reclassification adjustments: Amortization of prior service cost (1) 3 2 6 3 Amortization of actuarial gains (1) (10 ) (8 ) (19 ) (15 ) Total reclassification adjustments (7 ) (6 ) (13 ) (12 ) Tax provision — — — — Reclassification adjustments, net of tax (7 ) (6 ) (13 ) (12 ) Pension and other postretirement benefit plan changes, net of tax (7 ) (123 ) (13 ) (129 ) Other comprehensive loss $ (13 ) $ (134 ) $ (25 ) $ (141 )

Note 16 - Segment Information (

Note 16 - Segment Information (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Print $ 186 $ 215 $ 368 $ 424 Advanced Materials and Chemicals 73 72 132 133 Brand 4 4 8 8 All Other 4 4 8 8 Total $ 267 $ 295 $ 516 $ 573 Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Print $ — $ 8 $ — $ 14 Advanced Materials and Chemicals 8 11 9 11 Brand 4 3 7 6 Total of reportable segments 12 22 16 31 All other — 1 1 1 Depreciation and amortization (6 ) (8 ) (13 ) (16 ) Restructuring costs and other — (5 ) (5 ) (6 ) Stock based compensation (1 ) (1 ) (4 ) (5 ) Consulting and other costs (1) (1 ) 1 (1 ) 11 Idle costs (2) (1 ) (1 ) (1 ) (1 ) Other operating (expense) income, net (3) (1 ) 1 16 — Interest expense (3) (15 ) (11 ) (30 ) (22 ) Pension income excluding service cost component (3) 41 41 82 81 Other (expense) income, net (3) (1 ) (3 ) 1 4 Consolidated earnings from operations before income taxes $ 27 $ 37 $ 62 $ 78

Note 17 - Financial Instrumen_2

Note 17 - Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2024
Notes Tables
Derivatives Not Designated as Hedging Instruments [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, (in millions) 2024 2023 2024 2023 Net loss from derivatives not designated as hedging instruments $ 3 $ 11 $ 10 $ 12

Note 2 - Cash, Cash Equivalen_3

Note 2 - Cash, Cash Equivalents and Restricted Cash (Details Textual) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Cash Collateralized Letter Of Credit Facility [Member]
Restricted Cash and Investments, Noncurrent	$ 29	$ 32
Cash Collateralized for Workers Compensation Obligations [Member]
Restricted Cash and Investments, Noncurrent	63	63
CHINA | Lucky Hua Guang Graphics Co Ltd [Member]
Restricted Cash and Investments, Current	2	3
BRAZIL
Restricted Cash and Investments, Noncurrent	$ 7	8
UNITED KINGDOM
Restricted Cash and Investments, Noncurrent		$ 5

Note 2 - Cash, Cash Equivalen_4

Note 2 - Cash, Cash Equivalents and Restricted Cash - Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Jun. 30, 2024		Dec. 31, 2023	Jun. 30, 2023	[1]	Dec. 31, 2022
Cash and cash equivalents	$ 251		$ 255
Restricted cash reported in Other current assets	9		12
Restricted cash	100		110
Total cash, cash equivalents and restricted cash shown in the Statement of Cash Flows	$ 360	[1]	$ 377	$ 292		$ 286
[1]Refer to Note 2, “Cash, Cash Equivalents and Restricted Cash” for the components of cash, cash equivalents and restricted cash.

Note 3 - Inventories, Net - Sch

Note 3 - Inventories, Net - Schedule of Current Inventory (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Finished goods	$ 93	$ 85
Work in process	73	68
Raw materials	66	64
Total	$ 232	$ 217

Note 4 - Redeemable, Converti_3

Note 4 - Redeemable, Convertible Preferred Stock (Details Textual) - USD ($) $ / shares in Units, $ in Millions			6 Months Ended
	Feb. 26, 2024	Feb. 26, 2021	Jun. 30, 2024	Dec. 31, 2023
Preferred Stock, No Par Value (in dollars per share)			$ 0
Series B Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage		4%
Preferred Stock, No Par Value (in dollars per share)		$ 0
Temporary Equity, Fair Value of Preferred Stock at Issuance		$ 95
Temporary Equity, Liquidation Preference Per Share (in dollars per share)		$ 100
Debt Instrument, Convertible, Stock Price Trigger (in dollars per share)			$ 14.5
Embedded Derivative, Fair Value of Embedded Derivative Liability		$ 1
Series B Preferred Stock [Member] | Minimum [Member]
Temporary Equity, Convertible, Threshold Trading Days (Day)			45 days
Series B Preferred Stock [Member] | Maximum [Member]
Temporary Equity, Convertible, Threshold Trading Days (Day)			60 days
Series C Preferred Stock [Member]
Embedded Derivative, Fair Value of Embedded Derivative Liability		$ 2
Series C Preferred Stock [Member] | Other Noncurrent Liabilities [Member]
Embedded Derivative, Fair Value of Embedded Derivative Liability			$ 1	$ 1
Series C Preferred Stock [Member] | After February Twenty Six Two Thousand Twenty Four [Member]
Temporary Equity, Convertible, Threshold Percentage of Stock Price Trigger	150%
Series C Preferred Stock [Member] | Minimum [Member]
Temporary Equity, Convertible, Threshold Trading Days (Day)			45 days
Series C Preferred Stock [Member] | Maximum [Member]
Temporary Equity, Convertible, Threshold Trading Days (Day)			60 days
Repurchase And Exchange Agreement [Member] | Series A Preferred Stock [Member]
Stock Repurchased During Period, Shares (in shares)		1,000,000
Repurchase And Exchange Agreement [Member] | Series B Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage		4%
Purchase Agreement [Member] | Series B Preferred Stock [Member]
Convertible Preferred Stock, Share Conversion, Rate (in shares)		9.5238
Preferred Stock, Convertible, Conversion Price (in dollars per share)		$ 10.5
Purchase Agreement [Member] | Series C Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage		5%
Preferred Stock, No Par Value (in dollars per share)		$ 0
Temporary Equity, Liquidation Preference Per Share (in dollars per share)		100
Preferred Stock, Convertible, Conversion Price (in dollars per share)		$ 10
Stock Issued During Period, Shares, New Issues (in shares)		1,000,000
Shares Issued, Price Per Share (in dollars per share)		$ 100
Proceeds from Issuance or Sale of Equity		$ 100
Dividend And Other Rights [Member] | Series C Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage		5%

Note 4 - Redeemable, Converti_4

Note 4 - Redeemable, Convertible Preferred Stock - Schedule of Redeemable, Convertible Preferred Stock (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Redeemable, convertible preferred stock	$ 214	$ 210
Series B Preferred Stock [Member]
Redeemable, convertible preferred stock	97	96
Series C Preferred Stock [Member]
Redeemable, convertible preferred stock	$ 117	$ 114

Note 5 - Leases (Details Textua

Note 5 - Leases (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Sales-type Lease, Lease Income	$ 0	$ 0	$ 1,000	$ 0

Note 5 - Leases - Summary of In

Note 5 - Leases - Summary of Income Recognized on Lease Arrangements (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Lease income		$ 2	$ 2	$ 4	$ 4
Variable lease income	[1]	1	2	3	3
Total lease income		$ 3	$ 4	$ 7	$ 7
[1]Variable lease income primarily represents operating costs under real estate leases and incremental variable income based on usage under equipment leases.

Note 6 - Commitments and Cont_2

Note 6 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023	Jul. 28, 2020
Restricted Cash	$ 109
U S International Development Finance Corporation [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 765
BRAZIL
Restricted Cash and Investments, Noncurrent	7	$ 8
Federal And State Value Added Taxes Litigations And Civil Litigation And Disputes With Former Employees [Member] | BRAZIL
Loss Contingency, Accrual, Reserve Maintained	3
Aggregate Claims	85
Loss Contingency, Estimate of Possible Loss	5
Threat of Expropriation of Assets [Member] | BRAZIL
Restricted Cash and Investments, Noncurrent	7
Assets, Noncurrent	39
Bank Guarantees And Letters Of Credit [Member]
Guarantor Obligations, Maximum Exposure, Undiscounted	1
Surety Bond [Member]
Guarantor Obligations, Maximum Exposure, Undiscounted	27
L C Facility Agreement [Member]
Letters of Credit Outstanding, Amount	$ 27

Note 7 - Guarantees (Details Te

Note 7 - Guarantees (Details Textual) $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($) a
Warranty Arrangement Period [Member]
Extended Warranty Period (Year)	1 year
Minimum [Member]
Environmental Settlement, Historical Liabilities Trigger Amount | $	$ 99
Extended Warranty Period (Year)	3 months
Maximum [Member]
Percentage of Liability Above 99 Million	50%
Extended Warranty Period (Year)	6 years
Eastman Business Park Rochester N Y [Member] | Minimum [Member]
Area of Real Estate Property (Acre) | a	1,200

Note 7 - Guarantees - Deferred

Note 7 - Guarantees - Deferred Revenue by Arrangement (Details) $ in Millions	6 Months Ended
	Jun. 30, 2024 USD ($)
Deferred revenue on extended warranties	$ 100
Deferred revenue on extended warranties	100
Extended Warranty Arrangements [Member]
Deferred revenue on extended warranties	17
New extended warranty and maintenance arrangements deferred	39
Recognition of extended warranty and maintenance arrangement revenue	(41)
Deferred revenue on extended warranties	$ 15

Note 8 - Revenue 1 (Details Tex

Note 8 - Revenue 1 (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Contract with Customer, Liability	$ 100		$ 100		$ 100
Contract with Customer, Liability, Revenue Recognized	5	$ 8	25	$ 28
Contract with Customer, Cash Payments Received for Liabilities That Have Been Deferred	20	$ 22	25	$ 27
Revenue, Remaining Performance Obligation, Amount	92		92
Other Current Assets [Member]
Contract with Customer, Asset, after Allowance for Credit Loss, Current	1		1		1
Other Current Liabilities [Member]
Contract with Customer, Liability	40		40		37
Other Noncurrent Liabilities [Member]
Contract with Customer, Liability	$ 60		$ 60		$ 63

Note 8 - Revenue 2 (Details Tex

Note 8 - Revenue 2 (Details Textual)	Jun. 30, 2024
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01
Revenue, Remaining Performance Obligation, Percentage	10%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	6 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Percentage	15%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Percentage	10%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Percentage	10%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue, Remaining Performance Obligation, Percentage	55%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year

Note 8 - Revenues - Disaggregat

Note 8 - Revenues - Disaggregated Revenue by Major Product, Product Portfolio Summary, and Geography (Details) - USD ($) $ in Millions		3 Months Ended				6 Months Ended
		Jun. 30, 2024		Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
Revenue		$ 267		$ 295		$ 516	$ 573
Core [Member]
Revenue		258		282		498	549
Plates Inks And Other Consumables [Member] | Core [Member]
Revenue		140	[1]	154	[1]	275	304	[1]
Ongoing Service Arrangements [Member] | Core [Member]
Revenue		39		47		80	97
Annuities [Member] | Core [Member]
Revenue		179		201		355	401
Equipment and Software [Member] | Core [Member]
Revenue		14		20		27	35
Film and Chemicals [Member] | Core [Member]
Revenue		65		61		116	113
Growth Products [Member]
Revenue		1	[2]	5	[2]	2	8	[2]
Other [Member]
Revenue		8	[3]	8	[3]	16	16	[3]
UNITED STATES
Revenue	[4]	126		133		238	255
CANADA
Revenue		5		5		8	9
North America [Member]
Revenue		131		138		246	264
EMEA [Member]
Revenue		86		97		171	191
Asia Pacific [Member]
Revenue		45		54		90	106
Latin America [Member]
Revenue		5		6		9	12
Print [Member]
Revenue		186		215		368	424
Print [Member] | Core [Member]
Revenue		186		215		368	424
Print [Member] | Plates Inks And Other Consumables [Member] | Core [Member]
Revenue		134	[1]	148	[1]	262	292	[1]
Print [Member] | Ongoing Service Arrangements [Member] | Core [Member]
Revenue		39		47		80	97
Print [Member] | Annuities [Member] | Core [Member]
Revenue		173		195		342	389
Print [Member] | Equipment and Software [Member] | Core [Member]
Revenue		13		20		26	35
Print [Member] | Film and Chemicals [Member] | Core [Member]
Revenue		0		0		0	0
Print [Member] | Growth Products [Member]
Revenue		0	[2]	0	[2]	0	0	[2]
Print [Member] | Other [Member]
Revenue		0	[3]	0	[3]	0	0	[3]
Print [Member] | UNITED STATES
Revenue	[4]	60		66		117	132
Print [Member] | CANADA
Revenue		4		5		7	8
Print [Member] | North America [Member]
Revenue		64		71		124	140
Print [Member] | EMEA [Member]
Revenue		80		92		160	181
Print [Member] | Asia Pacific [Member]
Revenue		37		46		75	91
Print [Member] | Latin America [Member]
Revenue		5		6		9	12
Advanced Materials And Chemicals [Member]
Revenue		73		72		132	133
Advanced Materials And Chemicals [Member] | Core [Member]
Revenue		72		67		130	125
Advanced Materials And Chemicals [Member] | Plates Inks And Other Consumables [Member] | Core [Member]
Revenue		6	[1]	6	[1]	13	12	[1]
Advanced Materials And Chemicals [Member] | Ongoing Service Arrangements [Member] | Core [Member]
Revenue		0		0		0	0
Advanced Materials And Chemicals [Member] | Annuities [Member] | Core [Member]
Revenue		6		6		13	12
Advanced Materials And Chemicals [Member] | Equipment and Software [Member] | Core [Member]
Revenue		1		0		1	0
Advanced Materials And Chemicals [Member] | Film and Chemicals [Member] | Core [Member]
Revenue		65		61		116	113
Advanced Materials And Chemicals [Member] | Growth Products [Member]
Revenue		1	[2]	5	[2]	2	8	[2]
Advanced Materials And Chemicals [Member] | Other [Member]
Revenue		0	[3]	0	[3]	0	0	[3]
Advanced Materials And Chemicals [Member] | UNITED STATES
Revenue	[4]	58		59		105	107
Advanced Materials And Chemicals [Member] | CANADA
Revenue		1		0		1	1
Advanced Materials And Chemicals [Member] | North America [Member]
Revenue		59		59		106	108
Advanced Materials And Chemicals [Member] | EMEA [Member]
Revenue		6		5		11	10
Advanced Materials And Chemicals [Member] | Asia Pacific [Member]
Revenue		8		8		15	15
Advanced Materials And Chemicals [Member] | Latin America [Member]
Revenue		0		0		0	0
Brand [Member]
Revenue		4		4		8	8
Brand [Member] | Core [Member]
Revenue		0		0		0	0
Brand [Member] | Plates Inks And Other Consumables [Member] | Core [Member]
Revenue		0	[1]	0	[1]	0	0	[1]
Brand [Member] | Ongoing Service Arrangements [Member] | Core [Member]
Revenue		0		0		0	0
Brand [Member] | Annuities [Member] | Core [Member]
Revenue		0		0		0	0
Brand [Member] | Equipment and Software [Member] | Core [Member]
Revenue		0		0		0	0
Brand [Member] | Film and Chemicals [Member] | Core [Member]
Revenue		0		0		0	0
Brand [Member] | Growth Products [Member]
Revenue		0	[2]	0	[2]	0	0	[2]
Brand [Member] | Other [Member]
Revenue		4	[3]	4	[3]	8	8	[3]
Brand [Member] | UNITED STATES
Revenue	[4]	4		4		8	8
Brand [Member] | CANADA
Revenue		0		0		0	0
Brand [Member] | North America [Member]
Revenue		4		4		8	8
Brand [Member] | EMEA [Member]
Revenue		0		0		0	0
Brand [Member] | Asia Pacific [Member]
Revenue		0		0		0	0
Brand [Member] | Latin America [Member]
Revenue		0		0		0	0
All Other [Member]
Revenue		4		4		8	8
All Other [Member] | Core [Member]
Revenue		0		0		0	0
All Other [Member] | Plates Inks And Other Consumables [Member] | Core [Member]
Revenue		0	[1]	0	[1]	0	0	[1]
All Other [Member] | Ongoing Service Arrangements [Member] | Core [Member]
Revenue		0		0		0	0
All Other [Member] | Annuities [Member] | Core [Member]
Revenue		0		0		0	0
All Other [Member] | Equipment and Software [Member] | Core [Member]
Revenue		0		0		0	0
All Other [Member] | Film and Chemicals [Member] | Core [Member]
Revenue		0		0		0	0
All Other [Member] | Growth Products [Member]
Revenue		0	[2]	0	[2]	0	0	[2]
All Other [Member] | Other [Member]
Revenue		4	[3]	4	[3]	8	8	[3]
All Other [Member] | UNITED STATES
Revenue	[4]	4		4		8	8
All Other [Member] | CANADA
Revenue		0		0		0	0
All Other [Member] | North America [Member]
Revenue		4		4		8	8
All Other [Member] | EMEA [Member]
Revenue		0		0		0	0
All Other [Member] | Asia Pacific [Member]
Revenue		0		0		0	0
All Other [Member] | Latin America [Member]
Revenue		$ 0		$ 0		$ 0	$ 0
[1]Core includes the Print segment and the Motion Picture and Industrial Film and Chemicals businesses within the Advanced Materials and Chemicals segment, excluding coating and product commercialization services ("Coating Services").[2]Growth consists of Coating Services and Advanced Materials and Functional Printing within the Advanced Materials and Chemicals segment.[3]Other consists of Intellectual Property Licensing ("IP Licensing"), Brand Licensing and Eastman Business Park.[4]Sales are reported in the geographic area in which they originate.

Note 9 - Other Operating Expe_3

Note 9 - Other Operating Expense (Income), Net (Details Textual) - USD ($) $ in Millions	3 Months Ended					6 Months Ended
	Jun. 30, 2024		Mar. 31, 2024	Jun. 30, 2023		Jun. 30, 2024		Jun. 30, 2023
Gain (Loss) on Disposition of Assets	$ 0	[1]	$ 17	$ 1	[1]	$ 17	[1]	$ 1	[1]
[1]In the first quarter of 2024, Kodak sold certain assets in the U.S. and recognized a gain of $17 million.

Note 9 - Other Operating Expe_4

Note 9 - Other Operating Expense (Income), Net - Summary of Other Operating Income, by Component (Details) - USD ($) $ in Millions	3 Months Ended					6 Months Ended
	Jun. 30, 2024		Mar. 31, 2024	Jun. 30, 2023		Jun. 30, 2024		Jun. 30, 2023
Gain on sale of assets	$ 0	[1]	$ (17)	$ (1)	[1]	$ (17)	[1]	$ (1)	[1]
Other	1			0		1		1
Total	$ 1			$ (1)		$ (16)		$ 0
[1]In the first quarter of 2024, Kodak sold certain assets in the U.S. and recognized a gain of $17 million.

Note 10 - Other Expense (Inco_3

Note 10 - Other Expense (Income), Net (Details Textual) - USD ($) $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Investment Income, Interest	[1]	$ 3	$ 1		$ 7	$ 10
Foreign Tax Jurisdiction [Member]
Investment Income, Interest				$ 9
[1]The first quarter of 2023 includes $9 million of interest income associated with a refund received from a governmental authority in a location outside the U.S. that was previously held by the governmental authority to guarantee tax disputes in that jurisdiction.

Note 10 - Other Expense (Inco_4

Note 10 - Other Expense (Income), Net - Schedule of Other Charges, Net (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest income (1)	[1]	$ (3)	$ (1)	$ (7)	$ (10)
Loss on foreign exchange transactions		3	3	6	3
Change in fair value of the Preferred Stock and Convertible Notes embedded derivatives		0	1	0	2
Other		1	0	0	1
Total		$ 1	$ 3	$ (1)	$ (4)
[1]The first quarter of 2023 includes $9 million of interest income associated with a refund received from a governmental authority in a location outside the U.S. that was previously held by the governmental authority to guarantee tax disputes in that jurisdiction.

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%	21%	21%	21%

Note 11 - Income Taxes - Schedu

Note 11 - Income Taxes - Schedule of Income Tax Provision and Effective Tax Rate (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Earnings from operations before income taxes	$ 27	$ 37	$ 62	$ 78
Effective tax rate	3.70%	5.40%	6.50%	12.80%
Provision for income taxes	$ 1	$ 2	$ 4	$ 10
Provision for income taxes at U.S. statutory tax rate	6	8	13	16
Difference between tax at effective vs. statutory rate	$ (5)	$ (6)	$ (9)	$ (6)

Note 12 - Retirement Plans an_3

Note 12 - Retirement Plans and Other Postretirement Benefits - Components of the Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pension and postretirement income				$ (73,000)	$ (72,000)
UNITED STATES
Pension and postretirement income		$ (38)	$ (37)	(75)	(74)
Foreign Plan [Member]
Pension and postretirement income		1	1	2	2
Pension Plan [Member] | UNITED STATES
Service cost		4	4	7	7
Interest cost		28	29	55	58
Expected return on plan assets		(63)	(64)	(125)	(128)
Prior service cost		3	1	6	3
Actuarial (gain) loss		(10)	(7)	(19)	(14)
Net pension (income) expense before special termination benefits		(38)	(37)	(76)	(74)
Special termination benefits (1)	[1]	0	0	1	0
Pension and postretirement income		(38)	(37)	(75)	(74)
Pension Plan [Member] | Foreign Plan [Member]
Service cost		0	0	1	1
Interest cost		4	5	9	10
Expected return on plan assets		(4)	(5)	(9)	(10)
Prior service cost		0	0	0	0
Actuarial (gain) loss		0	1	0	1
Net pension (income) expense before special termination benefits		0	1	1	2
Special termination benefits (1)	[1]	0	0	0	0
Pension and postretirement income		0	1	1	2
Other Postretirement Benefits Plan [Member] | UNITED STATES
Pension and postretirement income		0	0	0	0
Other Postretirement Benefits Plan [Member] | Foreign Plan [Member]
Pension and postretirement income		$ 1	$ 0	$ 1	$ 0
[1]The special termination benefits were incurred as a result of Kodak’s restructuring actions and have been included in Restructuring costs and other in the Consolidated Statement of Operations for that period.

Note 13 - Earnings Per Share (D

Note 13 - Earnings Per Share (Details Textual) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	3.1	4.1	3.1	4.1
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)			0.2	0.7
Series C Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	1.2	1.1	1.2	1.1

Note 13 - Earnings Per Share -

Note 13 - Earnings Per Share - Schedule of Earnings Per Share Basic and Diluted (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2024	Mar. 31, 2024	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
NET EARNINGS	$ 26	$ 32	$ 35	$ 33	$ 58	$ 68
Less: Series B Preferred stock cash dividends	(1)		(1)		(2)	(2)
Less: Series C Preferred stock in-kind dividends	(2)		(2)		(3)	(3)
Less: Preferred stock deemed dividends	0		0		(1)	(1)
Net earnings available to common shareholders - basic	20		28		45	54
Add back: Series B preferred stock cash and deemed dividends	1		1		3	2
Add back: Convertible Notes interest expense	0		1		0	2
Net earnings available to common shareholders - diluted	$ 21		$ 30		$ 48	$ 58
Weighted average shares — basic (in shares)	80.1		79.4		79.9	79.3
Series B Preferred Stock (in shares)	9.5		9.5		9.5	9.5
Convertible Notes (in shares)	0		2.5		0	2.5
Weighted average shares — diluted (in shares)	92.4		93		91.9	92.7
Series C Preferred Stock [Member]
Less: Earnings attributable to Series C Preferred shareholders	$ (3)		$ (4)		$ (7)	$ (8)
Restricted Stock Units (RSUs) [Member]
Dilutive Effect of Share-Based Payment Arrangements (in shares)	1.7		0.9		1.6	0.8
Share-Based Payment Arrangement, Option [Member]
Dilutive Effect of Share-Based Payment Arrangements (in shares)	1.1		0.7		0.9	0.6

Note 14 - Shareholders' Equity

Note 14 - Shareholders' Equity (Details Textual) - $ / shares shares in Millions	Jun. 30, 2024	Dec. 31, 2023	Feb. 26, 2021
Stock Authorized (in shares)	560
Common Stock, Shares Authorized (in shares)	500
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized (in shares)	60
Preferred Stock, No Par Value (in dollars per share)	$ 0
Common Stock, Shares, Outstanding (in shares)	80.3	79.6
Treasury Stock, Common, Shares (in shares)	1.2	1
Series B Preferred Stock [Member]
Preferred Stock, No Par Value (in dollars per share)			$ 0
Preferred Stock, Shares Outstanding (in shares)	1	1
Series C Preferred Stock [Member]
Preferred Stock, Shares Outstanding (in shares)	1.2	1.1

Note 15 - Other Comprehensive_3

Note 15 - Other Comprehensive Loss - Changes in Other Comprehensive Income (Loss), by Component (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Currency translation adjustments		$ (6)	$ (11)	$ (12)	$ (12)
Newly established net loss		0	(117)	0	(117)
Tax provision		0	0	0	0
Newly established net (loss) gain and prior service cost, net of tax		0	(117)	0	(117)
Amortization of prior service cost (1)	[1]	3	2	6	3
Amortization of actuarial gains (1)	[1]	(10)	(8)	(19)	(15)
Total reclassification adjustments		(7)	(6)	(13)	(12)
Tax provision		0	0	0	0
Reclassification adjustments, net of tax		(7)	(6)	(13)	(12)
Pension and other postretirement benefit plan changes, net of tax		(7)	(123)	(13)	(129)
Other comprehensive loss, net of tax		$ (13)	$ (134)	$ (25)	$ (141)
[1]Reclassified to Total Net Periodic Benefit Cost - refer to Note 12, "Retirement Plans and Other Postretirement Benefits".

Note 16 - Segment Information_2

Note 16 - Segment Information (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024 USD ($) a	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) a	Jun. 30, 2023 USD ($)
Number of Reportable Segments			3
Increase (Decrease) in Workers' Compensation Liabilities		$ 1,000		$ 11,000
Increase (Decrease) in Employee Related Liabilities			$ (1,000)
Increase (Decrease) in Other Employee-Related Liabilities		$ (1,000)
Gross Profit [Member]
Increase (Decrease) in Employee Related Liabilities	$ 0		$ 1,000
Eastman Business Park Rochester N Y [Member] | Minimum [Member]
Area of Real Estate Property (Acre) | a	1,200		1,200
Print [Member]
Number of Business Lines			5
Advanced Materials And Chemicals [Member]
Number of Reportable Segments			4

Note 16 - Segment Information -

Note 16 - Segment Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Revenues		$ 267	$ 295	$ 516	$ 573
Revenue		267	295	516	573
Depreciation and amortization				(13)	(16)
Restructuring costs and other		0	(5)	(5)	(6)
Other operating (expense) income, net (3)		(1)	1	16	0
Interest expense (3)		(15)	(11)	(30)	(22)
Pension income excluding service cost component (3)		41	41	82	81
Other (expense) income, net (3)		(1)	(3)	1	4
Earnings from operations before income taxes		27	37	62	78
Continuing Operations [Member]
Revenues		267	295	516	573
Revenue		267	295	516	573
Earnings (Losses) Before Interest, Taxes, Depreciation and Amortization		12	22	16	31
Depreciation and amortization		(6)	(8)	(13)	(16)
Restructuring costs and other	[1]	0	(5)	(5)	(6)
Stock based compensation		(1)	(1)	(4)	(5)
Consulting and other costs (1)	[2]	(1)	1	(1)	11
Idle costs (2)		(1)	(1)	(1)	(1)
Other operating (expense) income, net (3)	[1]	(1)	1	16	0
Interest expense (3)	[1]	(15)	(11)	(30)	(22)
Pension income excluding service cost component (3)	[1]	41	41	82	81
Other (expense) income, net (3)	[1]	(1)	(3)	1	4
Earnings from operations before income taxes		27	37	62	78
Continuing Operations [Member] | Operating Segments [Member] | Brand [Member]
Revenues		4	4	8	8
Revenue		4	4	8	8
Print [Member]
Revenues		186	215	368	424
Revenue		186	215	368	424
Print [Member] | Continuing Operations [Member] | Operating Segments [Member]
Earnings (Losses) Before Interest, Taxes, Depreciation and Amortization		0	8	0	14
Advanced Materials And Chemicals [Member]
Revenues		73	72	132	133
Revenue		73	72	132	133
Advanced Materials And Chemicals [Member] | Continuing Operations [Member] | Operating Segments [Member]
Revenues		73	72	132	133
Revenue		73	72	132	133
Earnings (Losses) Before Interest, Taxes, Depreciation and Amortization		8	11	9	11
Brand [Member]
Revenues		4	4	8	8
Revenue		4	4	8	8
Brand [Member] | Continuing Operations [Member] | Operating Segments [Member]
Earnings (Losses) Before Interest, Taxes, Depreciation and Amortization		4	3	7	6
All Other [Member]
Revenues		4	4	8	8
Revenue		4	4	8	8
All Other [Member] | Continuing Operations [Member]
Earnings (Losses) Before Interest, Taxes, Depreciation and Amortization		$ 0	$ 1	$ 1	$ 1
[1]As reported in the Consolidated Statement of Operations.[2]Consulting and other costs are primarily professional services and internal costs associated with certain corporate strategic initiatives, investigations and litigation. Consulting and other costs in the three months ended March 31, 2023 included $10 million of income in representing insurance reimbursement of legal costs previously paid by the Company associated with investigations and litigation matters.

Note 17 - Financial Instrumen_3

Note 17 - Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Derivatives Hedging Instruments	$ 0	$ 0	$ 0	$ 0
Fair Value, Inputs, Level 2 [Member]
Long-Term Debt, Fair Value	362,000		362,000		$ 396,000
Forward Contracts [Member]
Foreign Currency Contract, Asset, Fair Value Disclosure	0		0		3,000
Foreign Currency Contracts, Liability, Fair Value Disclosure	1,000		1,000		0
Foreign Exchange Forward [Member] | Not Designated as Hedging Instrument [Member]
Derivative Asset, Notional Amount	$ 241,000		$ 241,000		$ 279,000

Note 17 - Financial Instrumen_4

Note 17 - Financial Instruments - Derivatives Not Designated as Hedging Instruments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net loss from derivatives not designated as hedging instruments	$ 3	$ 11	$ 10	$ 12