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Note 14 - Segment Information | 9 Months Ended
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Sep. 30, 2015
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | NOTE 14: SEGMENT INFORMATION Effective January 1, 2015, Kodak has seven reportable segments: Print Systems, Enterprise Inkjet Systems, Micro 3D Printing and Packaging, Software and Solutions, Consumer and Film, Intellectual Property Solutions and Eastman Business Park. The balance of Kodak’s continuing operations, which do not meet the criteria of a reportable segment, are reported in All Other. Prior period segment results have been revised to conform to the current period segment reporting structure. 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: Commercial Inkjet Printing Solutions and Digital Front-End Controllers. Micro 3D Printing and Packaging: The Micro 3D Printing and Packaging segment is comprised of two lines of business: Packaging and Micro 3D Printing. Software and Solutions: The Software and Solutions segment is comprised of two lines of business: Kodak Technology Solutions and Unified Workflow Solutions. Consumer and Film: The Consumer and Film segment is comprised of three lines of business: Consumer Inkjet Solutions; Entertainment Imaging and Commercial Films, and Brand Licensing. Intellectual Property Solutions: The Intellectual Property Solutions segment includes licensing and research and development activities not directly related to the other segments. 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. All Other: All Other is composed of Kodak’s consumer film business in countries where that business has not yet transferred ownership to the KPP Purchasing Parties (as defined in Note 15 “Discontinued Operations”) and the RED utilities variable interest entity. Segment financial information is shown below. Asset information on a segment basis is not disclosed as this information is not separately identified and internally reported to the Chief Operating Decision Maker (“CODM”). Depreciation and amortization is not disclosed as it is not included in the measure of segment profit or loss and is not separately identified and internally reported to the CODM.
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(in millions) |  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Revenues from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |
Print Systems |  | $ | 278 |  |  | $ | 319 |  |  | $ | 814 |  |  | $ | 928 |
Enterprise Inkjet Systems |  |  | 39 |  |  |  | 43 |  |  |  | 123 |  |  |  | 138 |
Micro 3D Printing and Packaging |  |  | 32 |  |  |  | 32 |  |  |  | 97 |  |  |  | 94 |
Software and Solutions |  |  | 30 |  |  |  | 27 |  |  |  | 85 |  |  |  | 78 |
Consumer and Film |  |  | 64 |  |  |  | 92 |  |  |  | 202 |  |  |  | 265 |
Intellectual Property Solutions |  |  | - |  |  |  | 52 |  |  |  | - |  |  |  | 70 |
Eastman Business Park |  |  | 3 |  |  |  | 3 |  |  |  | 10 |  |  |  | 11 |
Consolidated total |  | $ | 446 |  |  | $ | 568 |  |  | $ | 1,331 |  |  | $ | 1,584 |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
(in millions) |  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Segment Operational EBITDA and Consolidated loss from continuing operations before income taxes |  |  |  |  |  |  |  |  |  |  |  |
Print Systems |  | $ | 28 |  |  | $ | 31 |  |  | $ | 61 |  |  | $ | 63 |
Enterprise Inkjet Systems |  |  | (4 | ) |  |  | (12 | ) |  |  | (22 | ) |  |  | (36 | )
Micro 3D Printing and Packaging (4) |  |  | 5 |  |  |  | 1 |  |  |  | 9 |  |  |  | (1 | )
Software and Solutions |  |  | 2 |  |  |  | 1 |  |  |  | 5 |  |  |  | - |
Consumer and Film |  |  | 12 |  |  |  | 24 |  |  |  | 38 |  |  |  | 49 |
Intellectual Property Solutions |  |  | (4 | ) |  |  | 45 |  |  |  | (18 | ) |  |  | 46 |
Eastman Business Park |  |  | - |  |  |  | - |  |  |  | 1 |  |  |  | - |
Total of reportable segments |  |  | 39 |  |  |  | 90 |  |  |  | 74 |  |  |  | 121 |
All Other |  |  | 1 |  |  |  | 2 |  |  |  | 5 |  |  |  | 3 |
Restructuring costs and other |  |  | (6 | ) |  |  | (9 | ) |  |  | (29 | ) |  |  | (42 | )
Corporate components of pension and OPEB income (1) |  |  | 34 |  |  |  | 30 |  |  |  | 100 |  |  |  | 90 |
Depreciation and amortization |  |  | (36 | ) |  |  | (49 | ) |  |  | (113 | ) |  |  | (161 | )
Stock based compensation |  |  | (6 | ) |  |  | (2 | ) |  |  | (17 | ) |  |  | (6 | )
Consulting and other costs (2) |  |  | (4 | ) |  |  | (1 | ) |  |  | (11 | ) |  |  | (5 | )
Idle costs (3) |  |  | - |  |  |  | (1 | ) |  |  | (2 | ) |  |  | (3 | )
Costs previously allocated to discontinued operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (4 | )
Other operating income (expense), net excluding gain related to Unipixel termination (4) |  |  | (1 | ) |  |  | (2 | ) |  |  | (3 | ) |  |  | (2 | )
Interest expense |  |  | (16 | ) |  |  | (15 | ) |  |  | (46 | ) |  |  | (47 | )
Other charges, net |  |  | (3 | ) |  |  | (1 | ) |  |  | (15 | ) |  |  | (4 | )
Reorganization items, net |  |  | - |  |  |  | (1 | ) |  |  | (5 | ) |  |  | (11 | )
Consolidated income (loss) from continuing operations before income taxes |  | $ | 2 |  |  | $ | 41 |  |  | $ | (62 | ) |  | $ | (71 | )
(1) | Composed of interest cost, expected return on plan assets, amortization of actuarial gains and losses and curtailments and settlement components of pension and other postretirement benefit expenses.
(2) | Consulting and other costs are primarily related to professional services provided for corporate strategic initiatives in the current year periods. The prior year periods primarily represent the cost of AlixPartners filling interim executive positions which are not captured within “Reorganization items, net” as well as consulting services provided by former executives during transitional periods.
(3) | 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.
(4) | In the third quarter of 2015 a $3 million gain was recognized related to assets that were acquired for no monetary consideration as a part of the termination of the relationship with Unipixel. The gain was reported in Other operating income (expense), net in the Consolidated Statement of Operations. Other operating income (expense), net is typically excluded from the segment measure. However, this particular gain was included in the Micro 3D Printing and Packaging segment’s earnings for the third quarter of 2015.
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 table above, operational EBITDA represents the income (loss) from continuing operations excluding the provision (benefit) for income taxes; Reorganization items, net; Other charges (income), net; Other operating income (expense), net (unless otherwise indicated); Restructuring costs; depreciation and amortization expense; corporate components of pension and OPEB income, stock-based compensation expense, consulting and other costs, idle costs, interest expense and; in prior periods, indirect costs previously allocated to discontinued operations and the impact of certain fresh start accounting adjustments. 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 Intellectual Property Solutions segment. Change in Segment Measure of Profit and Loss During the third quarter of 2015 a gain was recognized related to assets that were acquired for no monetary consideration. The gain was reported in Other operating income (expense), net in the Consolidated Statement of Operations. Other operating income (expense), net is typically excluded from the segment measure. However, this particular gain was included in the Micro 3D Printing and Packaging segment’s earnings for the third quarter of 2015. The change affected third quarter of 2015 segment earnings by $3 million. No other periods were impacted by this change.

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- Definition 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. + References 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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&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=51669610&loc=d3e8906-108599 + Details
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