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Note 13 - Retirement Plans and Other Postretirement Benefits (Tables)
6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Components of the Pension Obligation

Components of the net periodic benefit cost for all major U.S. and non-U.S. defined benefit plans are as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

(in millions)

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

 

U.S.

 

 

Non-U.S.

 

Major defined benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

 

 

$

1

 

 

$

4

 

 

$

 

 

$

3

 

 

$

1

 

 

$

7

 

 

$

1

 

Interest cost

 

 

24

 

 

 

4

 

 

 

28

 

 

 

4

 

 

 

51

 

 

 

8

 

 

 

55

 

 

 

9

 

Expected return on plan
   assets

 

 

(41

)

 

 

(5

)

 

 

(63

)

 

 

(4

)

 

 

(86

)

 

 

(10

)

 

 

(125

)

 

 

(9

)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost

 

 

3

 

 

 

 

 

 

3

 

 

 

 

 

 

6

 

 

 

 

 

 

6

 

 

 

 

Actuarial (gain) loss

 

 

 

 

 

 

 

 

(10

)

 

 

 

 

 

(7

)

 

 

1

 

 

 

(19

)

 

 

 

Net pension (income)
   expense before special
   termination benefits

 

 

(14

)

 

 

 

 

 

(38

)

 

 

 

 

 

(33

)

 

 

 

 

 

(76

)

 

 

1

 

Special termination
    benefits
(1)

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 

 

 

 

 

1

 

 

 

 

Net pension (income)
   expense from major
   plans

 

 

(13

)

 

 

 

 

 

(38

)

 

 

 

 

 

(31

)

 

 

 

 

 

(75

)

 

 

1

 

Other plans

 

 

3

 

 

 

 

 

 

 

 

 

1

 

 

 

3

 

 

 

 

 

 

 

 

 

1

 

Total net pension (income)
   expense

 

$

(10

)

 

$

 

 

$

(38

)

 

$

1

 

 

$

(28

)

 

$

 

 

$

(75

)

 

$

2

 

 

(1) The special termination benefits were incurred as a result of Kodak’s restructuring actions and have been included in

Restructuring costs and other in the Consolidated Statement of Operations for that period.