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Note 28 - Quarterly Sales and Earnings Data (Unaudited)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

QUARTERLY SALES AND EARNINGS DATA (UNAUDITED)

 

(in millions, except per share data)

 

4th Qtr.

 

 

3rd Qtr.

 

 

2nd Qtr.

 

 

1st Qtr.

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenues from continuing operations

 

$

439

 

 

$

425

 

 

$

434

 

 

$

411

 

Gross profit from continuing operations

 

 

117

 

 

 

94

 

 

 

84

 

 

 

83

 

Earnings (loss) from continuing operations

 

 

30

 

(3)

 

(6

)

 

 

(15

)

 

 

(37

)

Loss from discontinued operations (4)

 

 

(7

)

 

 

(15

)

 

 

(8

)

 

 

(17

)

Net earnings (loss) attributable to Eastman Kodak Company

 

 

24

 

 

 

(22

)

 

 

(24

)

 

 

(58

)

Basic and diluted net earnings (loss) per share attributable to

   Eastman Kodak Company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.74

 

 

$

(0.17

)

 

$

(0.38

)

 

$

(0.97

)

Discontinued operations

 

 

(0.17

)

 

 

(0.36

)

 

 

(0.19

)

 

 

(0.41

)

Total

 

$

0.57

 

 

$

(0.53

)

 

$

(0.57

)

 

$

(1.38

)

 

(in millions, except per share data)

 

4th Qtr.

 

 

3rd Qtr.

 

 

2nd Qtr.

 

 

1st Qtr.

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net revenues from continuing operations

 

$

514

 

 

$

550

 

 

$

510

 

 

$

472

 

Gross profit from continuing operations

 

 

(108

)

 

 

158

 

 

 

104

 

 

 

90

 

(Loss) earnings from continuing operations

 

 

(25

)

(2)

 

47

 

(1)

 

(44

)

 

 

(35

)

(Loss) earnings from discontinued operations (4)

 

 

(14

)

 

 

(29

)

 

 

(17

)

 

 

1

 

Net (loss) earnings attributable to Eastman Kodak Company

 

 

(42

)

 

 

17

 

 

 

(62

)

 

 

(36

)

Basic net (loss) earnings per share attributable to Eastman Kodak

   Company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.67

)

 

$

1.10

 

 

$

(1.08

)

 

$

(0.88

)

Discontinued operations

 

 

(0.33

)

 

 

(0.69

)

 

 

(0.41

)

 

 

0.02

 

Total

 

$

(1.00

)

 

$

0.41

 

 

$

(1.49

)

 

$

(0.86

)

Diluted net (loss) earnings per share attributable to Eastman

   Kodak Company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(0.67

)

 

$

1.06

 

 

$

(1.08

)

 

$

(0.88

)

Discontinued operations

 

 

(0.33

)

 

 

(0.67

)

 

 

(0.41

)

 

 

0.02

 

Total

 

$

(1.00

)

 

$

0.39

 

 

$

(1.49

)

 

$

(0.86

)

 

(1)

Includes pre-tax licensing revenue of $51 million which increased net earnings from continuing operations by $51 million.

(2)

Includes pre-tax charge of $16 million from the remeasurement of the Venezuelan subsidiary monetary assets and liabilities, which decreased net earnings from continuing operations by $16 million.

(3)

Includes $16 million pre-tax benefit from the change in U.S. vacation benefits, which increased net earnings from continuing operations by $16 million.

(4)

Refer to Note 27, “Discontinued Operations”, in the Notes to Financial Statements for a discussion regarding discontinued operations.