Company: KODK
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0000950170-25-040256
Chunk: 101

Company: EASTMAN KODAK CO
Filing Date: 2025-03-17
Form: 10-K
Item: Item 1B
Chunk 101
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 and development costs

    33

    34

    34

    Restructuring costs and other

    8

    7

    10

    Other operating (income) expense, net

    (10
    )

    6

    (1
    )

    (Loss) earnings from continuing operations before interest expense,   pension income excluding service cost component, loss on early    extinguishment of debt, other (income) charges, net and income taxes

    (7
    )

    4

    (26
    )

    Interest expense

    59

    52

    40

    Pension income excluding service cost component

    (173
    )

    (161
    )

    (98
    )

    Loss on early extinguishment of debt

    —

    27

    —

    Other (income) charges, net

    (3
    )

    (1
    )

    1

    Earnings from continuing operations before income taxes

    110

    87

    31

    Provision for income taxes

    8

    12

    5

    NET EARNINGS
     
    $
    102

    $
    75

    $
    26

    Basic earnings per share attributable to Eastman Kodak Company    common shareholders
     
    $
    0.97

    $
    0.71

    $
    0.16

    Diluted earnings per share attributable to Eastman Kodak Company     common shareholders
     
    $
    0.90

    $
    0.67

    $
    0.16

    Number of common shares used in basic and diluted earnings per share:

    Basic

    80.1

    79.4

    78.9

    Diluted

    92.3

    90.5

    80.6

The accompanying notes are an integral part of these consolidated financial statements.

55

EASTMAN KODAK COMPANY

CONSOLIDATED STATEMENT OF COMPREHENSIVE (LOSS) INCOME

(in millions)

    Year Ended December 31,

    2024

    2023

    2022

    NET EARNINGS
     
    $
    102

    $
    75

    $
    26

    Other