Note 7 - Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 7: PROPERTY, PLANT AND EQUIPMENT, NET

	Successor			Predecessor
(in millions)	As of December 31, 2013			As of December 31, 2012
Land	$	117		$	39
Buildings and building improvements		178			1,156
Machinery and equipment		414			3,138
Construction in progress		42			28
		751			4,361
Accumulated depreciation		(67	)		(3,754	)
Property, plant and equipment, net	$	684		$	607

In connection with the application of fresh start accounting as of September 1, 2013, Kodak recorded fair value adjustments disclosed in Note 3, “Fresh Start Accounting”. Accumulated depreciation was therefore eliminated as of that date.

Depreciation expense was $67 million, $91 million, $182 million, and $221 million for the four months ended December 31, 2013, eight months ended August 31, 2013 and the years 2012, and 2011 respectively, of which approximately $0 million, $4 million, $13 million, and $10 million, respectively, represented accelerated depreciation in connection with restructuring actions.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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