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Note 25 - Discontinued Operations | 12 Months Ended
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Dec. 31, 2017
Disclosure Text Block [Abstract] |
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | NOTE 25: DISCONTINUED OPERATIONS Discontinued operations of Kodak include the Prosper Business and the PI/DI Business (excluding the consumer film business, for which Kodak entered into an ongoing supply arrangement with one or more parties). KODAK PROSPER Enterprise Inkjet Business The results of the Prosper business were previously presented as discontinued operations. However, the held for sale criteria were no longer met as of March 31, 2017. The assets and liabilities of the Prosper business, previously presented as held for sale, have been reclassified to held and used in the Consolidated Statement of Financial Position as of December 31, 2016, and the results of the Prosper business have been reclassified from discontinued operations to continuing operations for all periods presented. The Prosper business’ assets and liabilities as of March 31, 2017 were measured at the carrying amount before the assets were classified as held for sale, reduced by $12 million representing the depreciation and amortization expense that would have been recognized had the assets been continuously classified as held for use. The $12 million reduction to the carrying value of the Prosper assets was reported in Other operating expense (income), net in the first quarter of 2017. The reclassification of the results of the Prosper Business to continuing operations had the following impacts on the Consolidated Statement of Operations:
|  | Year Ended December 31, |
(in millions) |  | 2017 |  |  | 2016 |  |  | 2015 |
Revenues |  | $ | — |  |  | $ | 94 |  |  | $ | 89 |
Cost of sales |  |  | — |  |  |  | 75 |  |  |  | 86 |
Selling, general and administrative expenses |  |  | — |  |  |  | 26 |  |  |  | 22 |
Research and development expenses |  |  | — |  |  |  | 20 |  |  |  | 17 |
Restructuring costs and other |  |  | 12 |  |  |  | - |  |  |  | 1 |
Earnings (loss) from continuing operations before income taxes |  |  | (12 | ) |  |  | (27 | ) |  |  | (37 | )
Provision for income taxes |  |  | — |  |  |  | (1 | ) |  |  | (2 | )
Earnings (loss) from continuing operations |  | $ | (12 | ) |  | $ | (28 | ) |  | $ | (39 | )
Personalized Imaging and Document Imaging Businesses On September 3, 2013, Kodak consummated the sale of certain assets and the assumption of certain liabilities of the PI/DI Business to the trustee of the U. K. pension plan (and/or its subsidiaries, collectively the “KPP Purchasing Parties”) for net cash consideration of $325 million. Up to $35 million in aggregate of the purchase price is subject to repayment if the PI/DI Business does not achieve certain annual adjusted EBITDA targets over the four-year period ending December 31, 2018. The PI/DI Business did not achieve the adjusted annual EBITDA target for 2016 or 2015. As a result, $7 million and $4 million of the purchase price, representing the maximum amount that could be owed for 2016 and 2015, respectively, was paid in 2017 and 2016, respectively. Certain assets and liabilities of the PI/DI Business in certain jurisdictions were not transferred at the initial closing on September 3, 2013, but were transferred at a series of deferred closings. The final deferred closing occurred in September 2015. Kodak operated the PI/DI Business related to the deferred closing jurisdictions, subject to certain covenants, until the applicable deferred closing occurred, and delivered to (or received from) a KPP subsidiary at each deferred closing a true-up payment that reflected the actual economic benefit (or detriment) to the PI/DI Business in the applicable deferred closing jurisdiction(s) from the time of the initial closing through the time of the applicable deferred closing. Up to the time of the deferred closing, the results of the operations of the PI/DI Business were being reported as Loss from discontinued operations, net of income taxes in the Consolidated Statement of Operations. On March 17, 2014, the KPP Purchasing Parties agreed to pay Kodak $20 million of incremental consideration ($13 million was paid in March 2014 and the remainder was paid in March 2015) in lieu of working capital adjustments. The significant components of revenues and (loss) earnings from discontinued operations, net of income taxes are as follows:
|  | Year Ended December 31, |
(in millions) |  | 2017 |  |  | 2016 |  |  | 2015 |
Revenues from Personalized Imaging and Document Imaging |  | $ | — |  |  | $ | — |  |  | $ | 1 |
Pre-tax (loss) earnings from Personalized Imaging and Document Imaging |  | $ | — |  |  | $ | (2 | ) |  | $ | (5 | )
Provision for income taxes related to discontinued operations |  |  | — |  |  |  | — |  |  |  | (3 | )
(Loss) earnings from discontinued operations, net of income taxes |  | $ | — |  |  | $ | (2 | ) |  | $ | (8 | )
Direct operating expenses of the discontinued operations are included in the results of discontinued operations. Indirect expenses that were historically allocated to the discontinued operations have been included in the results of continuing operations. Prior period results have been reclassified to conform to the current period presentation.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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