XML 67 R51.htm IDEA: XBRL DOCUMENT v3.24.0.1
Note 13 - Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Derivatives Not Designated as Hedging Instruments [Table Text Block]
  

Year Ended December 31,

 

(in millions)

 

2023

  

2022

  

2021

 

Net loss (gain) from derivatives not designated as hedging instruments

 $12  $16  $(1)
Embedded Derivative, Gain (Loss) on Embedded Derivative [Table Text Block]
  

Year Ended December 31,

 

(in millions)

 

2023

  

2022

  

2021

 

Net loss (gain) from Preferred Stock and Convertible Notes embedded derivatives

 $2  $(3) $(7)
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]
  

Valuation Date

 
  

July 21,

  

December 31,

 
  

2023

  

2022

 

Total value of embedded derivative liability (in millions)

 $5  $2 

Kodak's closing stock price

 $5.26  $3.05 

Expected stock price volatility

  60.00%  50.00%

Risk free rate

  4.50%  4.17%

Implied credit spread on the Convertible Notes

  17.75%  26.19%
  

Valuation Date

 
  December 31, 
  

2023

  

2022

 

Total value of embedded derivative liability (in millions)

 $1  $1 

Kodak's closing stock price

 $3.90  $3.05 

Expected stock price volatility

  60.00%  50.00%

Risk free rate

  4.14%  4.17%

Implied credit spread on the Series B Preferred Stock

  18.34%  27.19%
  

Valuation Date

 
  December 31, 
  

2023

  

2022

 

Total value of embedded derivative liability (in millions)

 $1  $1 

Kodak's closing stock price

 $3.90  $3.05 

Expected stock price volatility

  60.00%  50.00%

Risk free rate

  4.14%  4.17%

Implied credit spread on the Series C Preferred Stock

  20.34%  29.19%