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Note 23 - Segment Information | 12 Months Ended
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Dec. 31, 2016
Disclosure Text Block [Abstract] |
Segment Reporting Disclosure [Text Block] | NOTE 24: SEGMENT INFORMATION Kodak has seven reportable segments: Print Systems, Micro 3D Printing and Packaging, Software and Solutions, Consumer and Film, Enterprise Inkjet Systems, 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. 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. 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: Unified Workflow Solutions and Kodak Technology Solutions. Consumer and Film: The Consumer and Film segment is comprised of three lines of business: Consumer Inkjet Solutions; Motion Picture, Industrial Chemicals and Films, and Consumer Products. Enterprise Inkjet Systems: The Enterprise Inkjet Systems segment is comprised of the KODAK VERSAMARK business. 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 had not yet transferred ownership to the KPP Purchasing Parties (as defined in Note 26 “Discontinued Operations”) and the RED utilities variable interest entity until deconsolidation in December 2016, (refer to Note 1 “Summary of Significant Accounting Policies – Basis of Consolidation”). Segment financial information is shown below. Asset information by segment is not disclosed as this information is not separately identified and reported to the Chief Operating Decision Maker (“CODM”). Net Revenues from Continuing Operations by Reportable Segment
|  | Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
(in millions) |  |  |  |  |  |  |  |  |  |  |  |
Print Systems |  | $ | 1,018 |  |  | $ | 1,106 |  |  | $ | 1,257 |
Micro 3D Printing and Packaging |  |  | 132 |  |  |  | 128 |  |  |  | 130 |
Software and Solutions |  |  | 86 |  |  |  | 112 |  |  |  | 108 |
Consumer and Film |  |  | 216 |  |  |  | 265 |  |  |  | 352 |
Enterprise Inkjet Systems |  |  | 76 |  |  |  | 84 |  |  |  | 115 |
Intellectual Property Solutions |  |  | — |  |  |  | 1 |  |  |  | 70 |
Eastman Business Park |  |  | 15 |  |  |  | 13 |  |  |  | 14 |
Consolidated total |  | $ | 1,543 |  |  | $ | 1,709 |  |  | $ | 2,046 |
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 below, Operational EBITDA represents the earnings (loss) from continuing operations excluding the provision (benefit) for income taxes; corporate components of pension and OPEB income; depreciation and amortization expense; restructuring costs; overhead costs no longer absorbed by discontinued operations; stock-based compensation expense; the 2015 changes in the U.S. vacation benefits; consulting and other costs; idle costs; manufacturing costs originally planned to be absorbed by silver metal mesh touch screen production; other operating expense, net (unless otherwise indicated); loss on early extinguishment of debt; interest expense; other charges, net and reorganization items, net. 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 first quarter of 2016, Kodak changed its segment measure of profit and loss. The segment measure excludes overhead costs no longer absorbed by discontinued operations (see description above). In addition, manufacturing costs originally planned to be absorbed by silver metal mesh touch screen production are now excluded from the segment measure of profit and loss. Segment Operational EBITDA and Consolidated Earnings (Loss) from Continuing Operations Before Income Taxes
|  | Year Ended December 31, |
(in millions) |  | 2016 |  |  | 2015 |  |  | 2014 |
Print Systems |  | $ | 105 |  |  | $ | 99 |  |  | $ | 94 |
Micro 3D Printing and Packaging (8) |  |  | 12 |  |  |  | 11 |  |  |  | — |
Software & Solutions |  |  | 4 |  |  |  | 9 |  |  |  | 3 |
Consumer & Film |  |  | 16 |  |  |  | 52 |  |  |  | 66 |
Enterprise Inkjet Systems |  |  | 19 |  |  |  | 20 |  |  |  | 35 |
Intellectual Property Solutions |  |  | (14 | ) |  |  | (22 | ) |  |  | 40 |
Eastman Business Park |  |  | 2 |  |  |  | 2 |  |  |  | 1 |
Total of reportable segments |  |  | 144 |  |  |  | 171 |  |  |  | 239 |
All Other (1) |  |  | 3 |  |  |  | 4 |  |  |  | 4 |
Corporate components of pension and OPEB income (2) |  |  | 161 |  |  |  | 133 |  |  |  | 110 |
Depreciation and amortization |  |  | (102 | ) |  |  | (134 | ) |  |  | (191 | )
Restructuring costs and other |  |  | (16 | ) |  |  | (37 | ) |  |  | (56 | )
Overhead supporting, but not directly absorbed by discontinued operations (3) |  |  | (15 | ) |  |  | (21 | ) |  |  | (30 | )
Stock-based compensation |  |  | (8 | ) |  |  | (17 | ) |  |  | (8 | )
Change in U.S. vacation benefits (4) |  |  | — |  |  |  | 16 |  |  |  | — |
Consulting and other costs (5) |  |  | (5 | ) |  |  | (14 | ) |  |  | (7 | )
Idle costs (6) |  |  | (3 | ) |  |  | (3 | ) |  |  | (4 | )
Manufacturing costs originally planned to be absorbed by silver halide touch screen production (7) |  |  | (3 | ) |  |  | (2 | ) |  |  | (1 | )
Other operating expense, net excluding gain related to Unipixel termination (8) |  |  | (16 | ) |  |  | (5 | ) |  |  | (9 | )
Interest expense (9) |  |  | (60 | ) |  |  | (63 | ) |  |  | (62 | )
Loss on early extinguishment of debt, net (9) |  |  | (4 | ) |  |  | — |  |  |  | — |
Other charges, net (9) |  |  | (4 | ) |  |  | (21 | ) |  |  | (21 | )
Reorganization items, net (9) |  |  | 6 |  |  |  | (5 | ) |  |  | (13 | )
Consolidated earnings (loss) from continuing operations before income taxes |  | $ | 78 |  |  | $ | 2 |  |  | $ | (49 | )
(1) | RED utilities variable interest entity (interest and depreciation of RED are included in the respective lines below).
(2) | Composed of interest cost, expected return on plan assets, amortization of actuarial gains and losses, and curtailments and settlement components of pension and other postretirement benefit expenses.
(3) | Primarily consists of costs for shared resources allocated to the Prosper Enterprise Inkjet business discontinued operation in the prior year periods which are now included in the results of continuing operations and an estimate of costs for shared resources which would have been allocated to the Prosper Enterprise Inkjet business discontinued operation in the current year period had the business remained in continuing operations.
(4) | In the fourth quarter of 2015, Kodak changed the timing of when affected U.S. employees earn their vacation benefits, which reduced Kodak’s obligation to employees and the related accrual by $17 million as of December 31, 2015. The reduction in the accrual impacted gross profit by approximately $9 million, SG&A by approximately $5 million, R&D by approximately $2 million, and discontinued operations by $1 million.
(5) | Consulting and other costs are primarily related to professional services provided for corporate strategic initiatives in 2016 and 2015. The costs in 2014 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.
(6) | 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.
(7) | Consists of manufacturing costs originally planned to be absorbed by silver metal mesh touch screen production that are now excluded from the measure of segment profit and loss.
(8) | In 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 in 2015.
(9) | As reported in the Consolidated Statement of Operations.
Kodak reduced workers’ compensation reserves by approximately $8 million in both 2016 and 2015, primarily driven by changes in discount rates. The reduction in reserves impacted gross profit by approximately $4 million, SG&A by approximately $3 million and R&D by approximately $1 million in both years. In 2014, Kodak increased workers’ compensation reserves by $6 million, which impacted gross profit by approximately $3 million, SG&A by approximately $2 million and R&D by approximately $1 million. Amortization and depreciation expense by segment are not included in the segment measure of profit and loss but are regularly provided to the CODM.
(in millions) |  | Year Ended December 31, |
Intangible asset amortization expense from continuing operations: |  | 2016 |  |  | 2015 |  |  | 2014 |
Print Systems |  | $ | 9 |  |  | $ | 9 |  |  | $ | 9 |
Micro 3D Packaging & Printing |  |  | 7 |  |  |  | 9 |  |  |  | 9 |
Software & Solutions |  |  | 1 |  |  |  | 2 |  |  |  | 2 |
Consumer & Film |  |  | 1 |  |  |  | 1 |  |  |  | 1 |
Consolidated total |  | $ | 18 |  |  | $ | 21 |  |  | $ | 21 |
(in millions) |  | Year Ended December 31, |
Depreciation expense from continuing operations: |  | 2016 |  |  | 2015 |  |  | 2014 |
Print Systems |  | $ | 36 |  |  | $ | 39 |  |  | $ | 51 |
Micro 3D Packaging & Printing |  |  | 7 |  |  |  | 6 |  |  |  | 8 |
Software & Solutions |  |  | 2 |  |  |  | 1 |  |  |  | 2 |
Consumer & Film |  |  | 15 |  |  |  | 30 |  |  |  | 65 |
Enterprise Inkjet Systems |  |  | 3 |  |  |  | 5 |  |  |  | 8 |
Intellectual Property Solutions |  |  | 1 |  |  |  | 2 |  |  |  | 8 |
Eastman Business Park |  |  | 4 |  |  |  | 6 |  |  |  | 11 |
Sub-total |  |  | 68 |  |  |  | 89 |  |  |  | 153 |
Other |  |  | 16 |  |  |  | 16 |  |  |  | 15 |
Restructuring-related depreciation |  |  | - |  |  |  | 8 |  |  |  | 2 |
Consolidated total |  | $ | 84 |  |  | $ | 113 |  |  | $ | 170 |
Geographic Information
(in millions) |  | Year Ended December 31, |
Net sales to external customers attributed to (1): |  | 2016 |  |  | 2015 |  |  | 2014 |
The United States |  | $ | 520 |  |  | $ | 588 |  |  | $ | 728 |
Europe, Middle East and Africa |  |  | 519 |  |  |  | 569 |  |  |  | 698 |
Asia Pacific |  |  | 373 |  |  |  | 376 |  |  |  | 433 |
Canada and Latin America |  |  | 131 |  |  |  | 176 |  |  |  | 187 |
Non U.S. countries total |  |  | 1,023 |  |  |  | 1,121 |  |  |  | 1,318 |
Consolidated total |  | $ | 1,543 |  |  | $ | 1,709 |  |  | $ | 2,046 |
| (1) | Sales are reported in the geographic area in which they originate. No non-U.S. country generated more than 10% of net sales in the years ended December 31, 2016, 2015 and 2014.
(in millions) |  | Year Ended December 31, |
Long-lived assets (1) located in: |  | 2016 |  |  | 2015 |  |  | 2014 |
The United States (2) |  | $ | 122 |  |  | $ | 199 |  |  | $ | 253 |
Europe, Middle East and Africa |  |  | 34 |  |  |  | 43 |  |  |  | 66 |
Asia Pacific |  |  | 55 |  |  |  | 74 |  |  |  | 72 |
Canada and Latin America |  |  | 87 |  |  |  | 78 |  |  |  | 110 |
Non U.S. countries total (3) |  |  | 176 |  |  |  | 195 |  |  |  | 248 |
Consolidated total |  | $ | 298 |  |  | $ | 394 |  |  | $ | 501 |
(1) | Long-lived assets are comprised of property, plant and equipment, net.
(2) | The decrease in property, plant and equipment, net in the United States in 2016 was primarily due to the deconsolidation of RED, which had $52 million in property, plant and equipment, net as of December 31, 2015.
(3) | Of the total non U.S. property, plant and equipment in 2016, $75 million are located in Brazil and $41 million are located in China. Of the total non U.S. property, plant and equipment in 2015, $64 million are located in Brazil and $58 million are located in China. Of the total non U.S. property, plant and equipment in 2014, $95 million are located in Brazil and $56 million are located in China.
Major Customers No single customer represented 10% or more of Kodak’s total net revenue in any year presented.

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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=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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