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Note 17 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Loss before Income Tax, Domestic and Foreign [Table Text Block]

The components of Loss from continuing operations before income taxes and the related benefit for U.S. and other income taxes were as follows (in millions):

		Year Ended December 31,
		2018				2017
(Loss) earnings from continuing operations before income    taxes:
U.S.		$	(46	)		$	(59	)
Outside the U.S.			33				33
Total		$	(13	)		$	(26	)
U.S. income taxes:
Current (benefit) provision		$	(30	)		$	1
Deferred provision (benefit)			1				(31	)
Income taxes outside the U.S.:
Current provision			4				6
Deferred provision benefit			21				(95	)
State and other income taxes:
Current benefit			—				(1	)
Total provision		$	(4	)		$	(120	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The differences between income taxes computed using the U.S. federal income tax rate and the benefit for income taxes for continuing operations were as follows (in millions):

		Year Ended December 31,
		2018				2017
Amount computed using the statutory rate		$	(3	)		$	(9	)
Increase (reduction) in taxes resulting from:
Unremitted foreign earnings			2				2
Impact of goodwill and intangible impairments			—				(21	)
Operations outside the U.S.			28				14
Legislative tax law and rate changes			7				150
Valuation allowance			(18	)			(266	)
Tax settlements and adjustments, including interest			(33	)			(11	)
Discharge of debt and other reorganization related items			13				39
Embedded derivative liability conversion			—				(17	)
Other, net			—				(1	)
Benefit from income taxes		$	(4	)		$	(120	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The significant components of deferred tax assets and liabilities were as follows (in millions):

		As of December 31,
		2018				2017
Deferred tax assets
Pension and postretirement obligations		$	62			$	96
Restructuring programs			1				1
Foreign tax credit			357				343
Inventories			9				10
Investment tax credit			48				58
Employee deferred compensation			23				25
Depreciation			64				68
Research and development costs			67				80
Tax loss carryforwards			338				307
Other deferred revenue			1				4
Other			69				73
Total deferred tax assets		$	1,039			$	1,065
Deferred tax liabilities
Leasing		$	2			$	2
Goodwill/intangibles			16				16
Unremitted foreign earnings			22				20
Total deferred tax liabilities			40				38
Net deferred tax assets before valuation allowance			999				1,027
Valuation allowance			853				856
Net deferred tax assets		$	146			$	171

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Deferred tax assets (liabilities) are reported in the following components within the Consolidated Statement of Financial Position (in millions):

		As of December 31,
		2018				2017
Deferred income taxes		$	160			$	187
Other long-term liabilities			(14	)			(16	)
Net deferred tax assets		$	146			$	171

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

A reconciliation of the beginning and ending amount of Kodak’s liability for income taxes associated with unrecognized tax benefits is as follows

(in millions):

		Year Ended December 31,
		2018				2017
Balance as of January 1		$	61			$	84
Tax positions related to the current year:
Additions			—				7
Tax positions related to prior years:
Additions			1				6
Reductions			(5	)			(28	)
Settlements with taxing jurisdictions			—				(4	)
Lapses in statute of limitations			—				(4	)
Balance as of December 31		$	57			$	61

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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