Eastman Kodak (KODK) 10-Q9 May 232023 Q1 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
Document And Entity Information - shares	Mar. 31, 2023	May 01, 2023
Document Information [Line Items]
Entity Central Index Key	0000031235
Entity Registrant Name	EASTMAN KODAK CO
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	1-00087
Entity Incorporation, State or Country Code	NJ
Entity Tax Identification Number	16-0417150
Entity Address, Address Line One	343 STATE STREET
Entity Address, City or Town	ROCHESTER
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	14650
City Area Code	585
Local Phone Number	724-4000
Title of 12(b) Security	Common stock, par value $0.01 per share
Trading Symbol	KODK
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		79,343,371

Consolidated Statement of Opera

Consolidated Statement of Operations (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues
Total revenues	$ 278	$ 290
Cost of revenues
Total cost of revenues	228	257
Gross profit	(50)	(33)
Selling, general and administrative expenses	34	43
Research and development costs	9	9
Restructuring costs and other	1	0
Other operating expense	1	0
Earnings (loss) from operations before interest expense, pension income excluding service cost component, other (income) charges, net and income taxes	5	(19)
Interest expense	11	9
Pension income excluding service cost component	(40)	(30)
Other (income) charges, net	(7)	3
Earnings (loss) from operations before income taxes	41	(1)
Provision for income taxes	8	2
NET EARNINGS (LOSS)	$ 33	$ (3)
Basic net earnings (loss) per share attributable to Eastman Kodak Company common shareholders (in dollars per share)	$ 0.33	$ (0.08)
Diluted net earnings (loss) per share attributable to Eastman Kodak Company common shareholders (in dollars per share)	$ 0.30	$ (0.08)
Basic (in shares)	79.1	78.7
Diluted (in shares)	92.2	78.7
Product [Member]
Revenues
Total revenues	$ 224	$ 234
Cost of revenues
Total cost of revenues	192	220
Service [Member]
Revenues
Total revenues	54	56
Cost of revenues
Total cost of revenues	$ 36	$ 37

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Net earnings (loss)	$ 33	$ (3)
Other comprehensive (loss) income, net of tax:
Currency translation adjustments	(1)	5
Pension and other postretirement benefit plan obligation activity, net of tax	(6)	0
Other comprehensive (loss) income, net of tax	(7)	5
COMPREHENSIVE INCOME, NET OF TAX	$ 26	$ 2

Consolidated Statement of Finan

Consolidated Statement of Financial Position (Unaudited) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Cash and cash equivalents	$ 225	$ 217
Trade receivables, net of allowances of $8 and $7, respectively	167	177
Inventories, net	251	237
Other current assets	42	48
Current assets held for sale	2	2
Total current assets	687	681
Property, plant and equipment, net of accumulated depreciation of $457 and $450, respectively	153	154
Goodwill	12	12
Intangible assets, net	27	28
Operating lease right-of-use assets	38	39
Restricted cash	62	62
Pension and other postretirement assets	1,266	1,233
Other long-term assets	77	76
TOTAL ASSETS	2,322	2,285
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY
Accounts payable, trade	139	134
Short-term borrowings and current portion of long-term debt	1	1
Current portion of operating leases	15	15
Other current liabilities	140	143
Total current liabilities	295	293
Long-term debt, net of current portion	320	316
Pension and other postretirement liabilities	232	230
Operating leases, net of current portion	29	31
Other long-term liabilities	173	171
Total liabilities	1,049	1,041
Commitments and Contingencies (Note 6)
Redeemable, convertible preferred stock, no par value, $100 per share liquidation preference	205	203
Equity
Common stock, $0.01 par value	0	0
Additional paid in capital	1,161	1,160
Treasury stock, at cost	(11)	(11)
Accumulated deficit	(537)	(570)
Accumulated other comprehensive income	455	462
Total shareholders’ equity	1,068	1,041
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY	2,322	2,285
Series A Preferred Stock [Member]
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND EQUITY
Redeemable, convertible preferred stock, no par value, $100 per share liquidation preference	$ 205	$ 203

Consolidated Statement of Fin_2

Consolidated Statement of Financial Position (Unaudited) (Parentheticals) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Allowance for trade receivables	$ 8	$ 7
Property, plant, equipment, accumulated depreciation	$ 457	$ 450
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Series A Preferred Stock [Member]
Preferred stock, no par value (in dollars per share)	0	0
Preferred stock, liquidation preference per share (in dollars per share)	$ 100	$ 100

Consolidated Statement of Cash

Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net earnings (loss)		$ 33	$ (3)
Adjustments to reconcile to net cash provided by (used in) operating activities:
Depreciation and amortization		8	7
Pension income		(36)	(26)
Change in fair value of the Preferred Stock and Convertible Notes embedded derivatives	[1]	1	3
Non-cash changes in workers' compensation and employee benefit reserves		1	(4)
Stock based compensation		4	2
Decrease (increase) in trade receivables		12	(9)
Decrease (increase) in miscellaneous receivables		7	(1)
Increase in inventories		(13)	(32)
Increase in trade payables		3	31
Decrease in liabilities excluding borrowings and trade payables		(13)	(13)
Other items, net		7	2
Total adjustments		(19)	(40)
Net cash provided by (used in) operating activities		14	(43)
Cash flows from investing activities:
Additions to properties		(5)	(5)
Net cash used in investing activities		(5)	(5)
Cash flows from financing activities:
Preferred stock cash dividend payments		(1)	(1)
Net cash used in financing activities		(1)	(1)
Effect of exchange rate changes on cash, cash equivalents and restricted cash		0	0
Net increase (decrease) in cash, cash equivalents and restricted cash		8	(49)
Cash, cash equivalents and restricted cash, beginning of period		286	423
Cash, cash equivalents and restricted cash, end of period	[2]	$ 294	$ 374

[1]Refer to Note 17, "Financial Instruments".[2]Refer to Note 2, “Cash, Cash Equivalents and Restricted Cash” for the components of cash, cash equivalents and restricted cash.

Consolidated Statement of Equit

Consolidated Statement of Equity (Deficit) (Unaudited) - USD ($) $ in Millions	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock, Common and Preferred [Member]	Preferred Stock [Member]	Total
Balance at Dec. 31, 2021	$ 0	$ 1,166	$ (596)	$ 221	$ (10)	$ 196	$ 781
Net earnings	0	0	(3)	0	0	0	(3)
Currency translation adjustments	0	0	0	5	0	0	5
Preferred stock cash dividends	0	(1)	0	0	0	0	(1)
Preferred stock in-kind dividends	0	(1)	0	0	0	1	(1)
Preferred stock deemed dividends	0	(1)	0	0	0	1	(1)
Stock-based compensation	0	2	0	0	0	0	2
Balance at Mar. 31, 2022	0	1,165	(599)	226	(10)	198	782
Balance at Dec. 31, 2022	0	1,160	(570)	462	(11)	203	1,041
Net earnings	0	0	33	0	0	0	33
Currency translation adjustments	0	0	0	(1)	0	0	(1)
Pension and other postretirement liability adjustments				(6)			(6)
Preferred stock cash dividends	0	(1)	0	0	0	0	(1)
Preferred stock in-kind dividends	0	(1)	0	0	0	1	(1)
Preferred stock deemed dividends	0	(1)	0	0	0	1	(1)
Stock-based compensation	0	4	0	0	0	0	4
Balance at Mar. 31, 2023	$ 0	$ 1,161	$ (537)	$ 455	$ (11)	$ 205	$ 1,068

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation and Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 1: BASIS OF PRESENTATION The consolidated interim financial statements are unaudited, and certain information and footnote disclosures related thereto normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted in accordance with the instructions to Form 10 10 01 X. not 10 December 31, 2022 2022 10 Reclassification Certain amounts from previous periods have been reclassified to conform to the current period classification due to Kodak's new organization structure as of February 2023. 16, 8, RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS In June 2016, 2016‐13, 326 2016‐13 2018‐19, 2019‐04, 2019‐05, 2019‐10, 2019‐11, 2020‐02, 2020‐03 2022‐02 December 15, 2022 ( January 1, 2023 January 1, 2023 not Allowance for Credit Losses Kodak records allowance for credit losses for the current expected credit losses inherent in the asset over its expected life. The allowance for credit losses is maintained based on historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount. Kodak records a specific reserve for individual accounts when Kodak becomes aware of specific customer circumstances, such as in the case of a bankruptcy filing or deterioration in the customer's operating results or financial position. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS There are no

Note 2 - Cash, Cash Equivalents

Note 2 - Cash, Cash Equivalents and Restricted Cash	3 Months Ended
Note 2 - Cash, Cash Equivalents and Restricted Cash	Mar. 31, 2023
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	NOTE 2: The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the Consolidated Statement of Financial Position that sums to the total of such amounts shown in the Statement of Cash Flows: March 31, December 31, (in millions) 2023 2022 Cash and cash equivalents $ 225 $ 217 Restricted cash reported in Other current assets 7 7 Restricted cash 62 62 Total cash, cash equivalents and restricted cash shown in the Statement of Cash Flows $ 294 $ 286 Restricted cash reported in Other current assets on the Consolidated Statement of Financial Position primarily represents amounts that support hedging activities. Restricted cash includes $44 million as of both March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022

Note 3 - Inventories, Net

Note 3 - Inventories, Net	3 Months Ended
Note 3 - Inventories, Net	Mar. 31, 2023
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 3: March 31, December 31, (in millions) 2023 2022 Finished goods $ 108 $ 98 Work in process 67 64 Raw materials 76 75 Total $ 251 $ 237

Note 4 - Convertible Securities

Note 4 - Convertible Securities and Credit Facilities	3 Months Ended
Note 4 - Convertible Securities and Credit Facilities	Mar. 31, 2023
Notes to Financial Statements
Debt and Convertible Securities [Text Block]	NOTE 4: 2021 On February 26, 2021, May 28, 2026 ( May 28, 2026. Conversion Features The Buyers have the right to e lec $0.01 If the closing price of the Common Stock equals or exceeds $14.50 (subject to adjustment in the same manner as the conversion price) for 45 trading days within any period of 60 consecutive trading days, the Company will have the right to cause the mandatory conversion of the Convertible Notes into shares of Common Stock. In the event of certain fundamental transactions, the Buyers will have the right, within a period of 30 days following the occurrence of such transaction (“Holder Fundamental Transaction Election Period”), to elect to either require prepayment of the Convertible Notes at par plus accrued and unpaid interest or convert all or a portion of the Convertible Notes into shares of Common Stock at the conversion rate then in effect plus any additional shares based on the price per share of Common Stock in connection with the fundamental transaction, or to receive the shares of a successor entity, if any. Embedded Derivatives The Company allocated $12 million of the net proceeds received from the issuance of the Convertible Notes to a derivative liability based on the aggregate fair value of the embedded features on the date of issuance which reduced the net carrying value of the Convertible Notes. The derivative is being accounted for at fair value with subsequent changes in the fair value being reported as part of Other (income) charges, net in the Consolidated Statement of Operations. The fair value of the Convertible Notes embedded derivative at March 31, 2023 December 31, 2022 17, The carrying value of the Convertible Notes at both March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 3 Amended and Restated ABL Credit Agreement On March 14, 2023, No.5 “2023 February 26, 2024 June 12, 2024, 2023 91 2021 February 26, 2024, 2023 2023 The revolving loans bear interest at the rate of 3.50%‐ 4.00% 37.5‐50 50% 50%, 3.50%‐4.00% 2023 first second 2023 2023 Under the 2023 March 31, 2023 December 31, 2022 $50 2023 March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 If Excess Availability falls below the greater of 12.5% of lender commitments or $11.25 million a Fixed Charge Coverage Ratio Trigger Event would occur. During any Fixed Charge Coverage Ratio Trigger Event, the Company would be required to maintain a Fixed Charge Coverage Ratio of greater than or equal to 1.0 to 1.0. may, March 31, 2023 December 31, 2022, not 1.0. 1.0 1.0, 2023 Letter of Credit Facility Agreement February 26, 2021, 2023 On March 14, 2023, “2023 February 26, 2024 June 12, 2024, 2023 91 2021 The Company issued approximately $58 million and $43 million letters of credit under the 2023 March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 37.5‐50 50% 50% not not 2023 As with the 2023 2023 2023 2023 1.0. 2023 first second third Preferred Stock Redeemable convertible preferred stock was as follows: March 31, December 31, (in millions) 2023 2022 Series B preferred stock $ 96 $ 95 Series C preferred stock 109 108 Total $ 205 $ 203 Series B Preferred Stock On February 26, 2021 C2W one one Dividend and Other Rights The Series B Preferred Stock ranks senior to the Common Stock and pari passu with the Series C Preferred Stock with respect to dividend rights and rights on liquidation, winding-up and dissolution. The Series B Preferred Stock has a liquidation preference of $100 per share, and the holders of Series B Preferred Stock are entitled to cumulative dividends payable quarterly in cash at a rate of 4.0% per annum. If dividends on any Series B Preferred Stock are in arrears for six one Conversion Features Each share of Series B Preferred Stock is convertible, at the option of each holder at any time, into shares of Common Stock at the initial conversion rate of 9.5238 shares of Common Stock for each share of Series B Preferred Stock (equivalent to an initial conversion price of $10.50 per share of Common Stock). The initial conversion rate and the corresponding conversion price are subject to certain customary anti-dilution adjustments. If a holder elects to convert any shares of Series B Preferred Stock during a specified period in connection with a fundamental change (as defined in the Series B Certificate of Designations), such holder can elect to have the conversion rate adjusted and can elect to receive a cash payment in lieu of shares for a portion of the shares. Such holder will also be entitled to a payment in respect of accumulated dividends. In addition, the Company will have the right to require holders to convert any shares of Series B Preferred Stock in connection with certain reorganization events in which case the conversion rate will be adjusted, subject to certain limitations. The Company will have the right to cause the mandatory conversion of the Series B Preferred Stock into shares of Common Stock at any time after the initial issuance of the Series B Preferred Stock if the closing price of the Common Stock has equaled or exceeded $14.50 (subject to adjustment in the same manner as the conversion price) for 45 trading days within a period of 60 consecutive trading days. Embedded Conversion Features The Company allocated $1 million to the derivative liability based on the aggregate fair value of the embedded conversion feature of the Series B Preferred Stock on the date of issuance which reduced the original carrying value of the Series B Preferred Stock. The derivative is being accounted for at fair value with subsequent changes in the fair value being reported as part of Other (income) charges, net in the Consolidated Statement of Operations. The fair value of the Series B Preferred Stock embedded derivative as of both March 31, 2023 December 31, 2022 17, The carrying value of the Series B Preferred Stock is being accreted to the mandatory redemption amount using the effective interest method to Additional paid in capital in the Consolidated Statement of Financial Position as a deemed dividend from the date of issuance through the mandatory redemption date, May 28, 2026. Series C Preferred Stock Purchase Agreement On February 26, 2021, no Dividend and Other Rights The Series C Preferred Stock has a liquidation preference of $100 per share, and the holders of Series C Preferred Stock are entitled to cumulative dividends payable quarterly “in‐kind” in the form of additional shares of Series C Preferred Stock at a rate of 5.0% per annum. Dividends owed on the Series C Preferred Stock have been declared and additional Series C shares issued when due. Holders of the Series C Preferred Stock are also entitled to participate in any dividends paid on the Common Stock (other than stock dividends) on an as-converted basis, with such dividends on any shares of the Series C Preferred Stock being payable upon conversion of such shares of Series C Preferred Stock to Common Stock. Holders of Series C Preferred Stock are entitled to vote together with the holders of the Common Stock as a single class, in each case, on an as‐converted basis, except where a separate class vote is required by law. Holders of Series C Preferred Stock have certain limited special approval rights, including with respect to the issuance of pari passu or senior equity securities of the Company. The Investor has the right to nominate one third not Conversion Features Each share of Series C Preferred Stock is convertible, at the option of each holder at any time, into shares of Common Stock at the initial conversion price of $10 per share of Common Stock. The initial conversion price and the corresponding conversion rate are subject to certain customary anti-dilution adjustments and to proportional increase in the event the liquidation preference of the Series C Preferred Stock is automatically increased as described above. If a holder elects to convert any shares of Series C Preferred Stock during a specified period in connection with a fundamental change (as defined in the Series C Certificate of Designations), such holder can elect to have the conversion rate adjusted and can elect to receive a cash payment in lieu of shares for a portion of the shares of Common Stock. Such holder will also be entitled to a payment in respect of accumulated dividends and a payment based on the present value of all required remaining dividend payments through May 28, 2026, The Company will have the right to cause the mandatory conversion of the Series C Preferred Stock into shares of Common Stock (i) at any time after February 26, 2023 February 26, 2024 Embedded Conversion Features The Company allocated $2 million of the net proceeds received to the derivative liability based on the aggregate fair value of the embedded conversion feature of the Series C Preferred Stock on the dates of issuance which reduced the original carrying value of the Series C Preferred Stock. The derivative is being accounted for at fair value with subsequent changes in the fair value being reported as part of Other (income) charges, net in the Consolidated Statement of Operations. The fair value of the Series C Preferred Stock derivative as of both March 31, 2023 December 31, 2022 17, The carrying value of the Series C Preferred Stock is being accreted to the mandatory redemption amount using the effective interest method to Additional paid in capital in the Consolidated Statement of Financial Position as a deemed dividend from the date of issuance through the mandatory redemption date.

Note 5 - Leases

Note 5 - Leases	3 Months Ended
Note 5 - Leases	Mar. 31, 2023
Notes to Financial Statements
Leases as Lessee and Lessor Disclosure[Text Block]	NOTE 5: Income recognized on operating lease arrangements for the three March 31, 2023 2022 three March 31, 2023 2022 Three Months Ended March 31, (in millions) 2023 2022 Lease income - operating leases: Lease income $ 2 $ 2 Variable lease income 1 1 Total lease income $ 3 $ 3

Note 6 - Commitments and Contin

Note 6 - Commitments and Contingencies	3 Months Ended
Note 6 - Commitments and Contingencies	Mar. 31, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 6: As of March 31, 2023 2023 2023 2023 Kodak’s Brazilian operations are involved in various litigation matters in Brazil and have received or been the subject of numerous governmental assessments related to indirect and other taxes in various stages of litigation, as well as civil litigation and disputes associated with former employees and contract labor. The tax matters, which comprise the majority of the litigation matters, are primarily related to federal and state value-added taxes. Kodak’s Brazilian operations are disputing these matters and intend to vigorously defend its position. Kodak routinely assesses all these matters as to the probability of ultimately incurring a liability in its Brazilian operations and records its best estimate of the ultimate loss in situations where it assesses the likelihood of loss as probable. As of March 31, 2023 may In connection with assessments in Brazil, local regulations may March 31, 2023 On August 13, 2020 August 26, 2020 July 28, 2020. June 22, 2021. August 2, 2021, October 1, 2021 December 14, 2021. February 28, 2022, April 6, 2022. August 3, 2022, September 28, 2022. October 27, 2022 January 25, 2023. The Company has also received five May 19, 2021 one August 23, 2021, October 22, 2021. March 17, 2022, On September 2, 2021 one one October 4, 2021 10 January 18, 2022, February 16, 2022, April 15, 2022. September 30, 2022. November 14, 2022, December 27, 2022 December 23, 2022, Additional shareholder derivative lawsuits may no not 8‐K September 16, 2020. first not 10 not no second may The DFC Announcement has also prompted investigations by several congressional committees, the SEC and the New York Attorney General’s office. The Company has cooperated in those investigations. As previously reported, the Attorney General of the State of New York (the “NYAG”) has threatened to file a lawsuit against the Company and its Chief Executive Officer alleging violations of New York State’s Martin Act (the “Threatened Claim”). In connection with the Threatened Claim and pursuant to a special process under New York law, in 2021 2022, not In addition, Kodak is involved in various lawsuits, claims, investigations, remediations and proceedings, including, from time to time, commercial, customs, employment, environmental, tort and health and safety matters, which are being handled and defended in the ordinary course of business. Kodak is also subject, from time to time, to various assertions, claims, proceedings and requests for indemnification concerning intellectual property, including patent infringement suits involving technologies that are incorporated in a broad spectrum of Kodak’s products. These matters are in various stages of investigation and litigation and are being vigorously defended. Based on information currently available, Kodak does not

Note 7 - Guarantees

Note 7 - Guarantees	3 Months Ended
Note 7 - Guarantees	Mar. 31, 2023
Notes to Financial Statements
Guarantees [Text Block]	NOTE 7: In connection with the settlement of certain of the Company’s historical environmental liabilities at Eastman Business Park, a more than 1,200-acre technology center and industrial complex in Rochester, New York, in the event the historical liabilities exceed $99 million, the Company will become liable for 50% of the portion above $99 no no Extended Warranty Arrangements Kodak offers its customers extended warranty arrangements that are generally one may three six December 31, 2022 March 31, 2023 (in millions) Deferred revenue on extended warranties as of December 31, 2022 $ 19 New extended warranty and maintenance arrangements deferred 23 Recognition of extended warranty and maintenance arrangement revenue (23 ) Deferred revenue on extended warranties as of March 31, 2023 $ 19

Note 8 - Revenue

Note 8 - Revenue	3 Months Ended
Note 8 - Revenue	Mar. 31, 2023
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	NOTE 8: Disaggregation of Revenue The following tables present revenue disaggregated by major product, portfolio summary and geography Major Product Three Months Ended March 31, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 144 $ 6 $ — $ — $ 150 Ongoing service arrangements 51 — — — 51 Total annuities 195 6 — — 201 Equipment & software 14 — — — 14 Film and chemicals — 52 — — 52 Total Core 209 58 — — 267 Growth products (2) — 3 — — 3 Other (3) — — 4 4 8 Total $ 209 $ 61 $ 4 $ 4 $ 278 Three Months Ended March 31, 2022 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 161 $ 6 $ — $ — $ 167 Ongoing service arrangements 53 — — — 53 Total annuities 214 6 — — 220 Equipment & software 14 — — — 14 Film and chemicals — 45 — — 45 Total Core 228 51 — — 279 Growth products (2) — 3 — — 3 Other (3) — — 4 4 8 Total $ 228 $ 54 $ 4 $ 4 $ 290 ( 1 Core includes the Print business, Motion Picture, and Industrial Film and Chemicals, excluding coating and product commercialization services (“Coating Services”). ( 2 Growth consists of Coating Services and Advanced Materials and Functional Printing within the Advanced Materials and Chemicals segment. ( 3 Other consists of Intellectual Property Licensing, Brand Licensing and Eastman Business Park. Geography ( 1 Three Months Ended March 31, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 66 $ 48 $ 4 $ 4 $ 122 Canada 3 1 — — 4 North America 69 49 4 4 126 Europe, Middle East and Africa 89 5 — — 94 Asia Pacific 45 7 — — 52 Latin America 6 — — — 6 Total $ 209 $ 61 $ 4 $ 4 $ 278 Three Months Ended March 31, 2022 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 62 $ 40 $ 4 $ 4 $ 110 Canada 5 — — — 5 North America 67 40 4 4 115 Europe, Middle East and Africa 103 4 — — 107 Asia Pacific 49 10 — — 59 Latin America 9 — — — 9 Total $ 228 $ 54 $ 4 $ 4 $ 290 ( 1 Sales are reported in the geographic area in which they originate. Contract Balances The timing of revenue recognition, billings and cash collections results in billed trade receivables, unbilled receivables (contract assets), and customer advances and deposits (contract liabilities) in the Consolidated Statement of Financial Position. The contract assets are transferred to trade receivables when the rights to consideration become unconditional. The amount recorded for contract assets at both March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 Revenue recognized for the three March 31, 2023 2022 March 31, 2023 2022 three March 31, 2023 2022 Kodak does not one one March 31, 2023 2023, 2024, 2025

Note 9 - Other (Income) Charges

Note 9 - Other (Income) Charges	3 Months Ended
Note 9 - Other (Income) Charges	Mar. 31, 2023
Notes to Financial Statements
Other Nonoperating Income and Expense [Text Block]	NOTE 9: Three Months Ended March 31, (in millions) 2023 2022 Change in fair value of embedded conversion features derivative liability (1) $ 1 $ 3 Other (2) (8 ) — Total $ (7 ) $ 3 ( 1 Refer to Note 17, ( 2 Interest income associated with a refund received in the first 2023

Note 10 - Income Taxes

Note 10 - Income Taxes	3 Months Ended
Note 10 - Income Taxes	Mar. 31, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 10: Kodak’s income tax provision and effective tax rate were as follows: Three Months Ended March 31, (in millions) 2023 2022 Earnings (loss) from operations before income taxes $ 41 $ (1 ) Effective tax rate 19.5 % (200.0 )% Provision for income taxes 8 2 Provision for income taxes at U.S. statutory tax rate 9 0 Difference between tax at effective vs. statutory rate $ (1 ) $ 2 For the three March 31, 2023 1 2 3 For the three March 31, 2022 1 2 3 4 During the quarter ended March 31, 2022, 2015 2018.

Note 11 - Retirement Plans and

Note 11 - Retirement Plans and Other Postretirement Benefits	3 Months Ended
	Mar. 31, 2023
Notes to Financial Statements
Retirement Benefits [Text Block]	NOTE 11: 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 March 31, 2023 2022 (in millions) U.S. Non-U.S. U.S. Non-U.S. Major defined benefit plans: Service cost $ 3 $ 1 $ 3 $ 1 Interest cost 29 5 15 2 Expected return on plan assets (64 ) (5 ) (44 ) (4 ) Amortization of: Prior service cost (credit) 2 — (2 ) — Actuarial (gain) loss (7 ) — — 3 Total net pension (income) expense $ (37 ) $ 1 $ (28 ) $ 2

Note 12 - Earnings Per Share

Note 12 - Earnings Per Share	3 Months Ended
Note 12 - Earnings Per Share	Mar. 31, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 12: Basic earnings per share computations are based on the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share computations include any dilutive effect of potential common shares. In periods with a net loss available to common shareholders, diluted earnings per share are calculated using weighted-average basic shares for that period, as utilizing diluted shares would be anti-dilutive to loss per share. A reconciliation of the amounts used to calculate basic and diluted earnings per share for the three March 31, 2023 2022 Three Months Ended March 31, (in millions) 2023 2022 Net earnings (loss) $ 33 $ (3 ) Less: Series B Preferred stock cash dividends (1 ) (1 ) Less: Series C Preferred stock in-kind dividends (1 ) (1 ) Less: Preferred stock deemed dividends (1 ) (1 ) Less: Earnings attributable to Series C Preferred shareholders (4 ) — Net earnings (loss) available to common shareholders - basic $ 26 $ (6 ) Effect of dilutive securities: Add back: Series B preferred stock cash and deemed dividends $ 1 $ — Add back: 2021 Convertible Notes interest expense 1 — Net earnings (loss) available to common shareholders - diluted $ 28 $ (6 ) Three Months Ended March 31, (in millions of shares) 2023 2022 Weighted average shares — basic 79.1 78.7 Effect of dilutive securities Employee stock options 0.4 — Unvested restricted stock units 0.7 — Series B Preferred Stock 9.5 — 2021 Convertible Notes 2.5 — Weighted average shares — diluted 92.2 78.7 The computation of diluted earnings per share for the three March 31, 2023 1 2 3 As a result of the net loss available to common shareholders for the three March 31, 2022 three March 31, 2022 The computation of diluted earnings per share for the three March 31, 2022 1 2021, 2 3 4 5

Note 13 - Stock-based Compensat

Note 13 - Stock-based Compensation	3 Months Ended
Note 13 - Stock-based Compensation	Mar. 31, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 13: On February 16, 2023, 2016 2020 No seven ten February 16, 2023 Option Award Modifications Immediately Before Immediately After Range of fair values 0.000 -2.1414 1.322 -2.2424 Range of risk-free interest rates 3.82% - 4.99% 3.82% - 4.99% Range of remaining contractual terms (in years) 0.37 - 4.25 3.37 - 7.25 Range of weighted volatilities 66.96% - 103.39% 66.96% - 103.39% Expected dividend yield 0.00% 0.00% As a result of the modification, Kodak recognized $3 million of incremental compensation expense in the first 2023, not

Note 14 - Shareholders' Equity

Note 14 - Shareholders' Equity	3 Months Ended
Note 14 - Shareholders' Equity	Mar. 31, 2023
Notes to Financial Statements
Equity [Text Block]	NOTE 14: EQUITY The Company has 560 million shares of authorized stock, consisting of: (i) 500 million shares of common stock, par value $0.01 per share and (ii) 60 million shares of preferred stock, no one Common Stock As of March 31, 2023 December 31, 2022 Preferred Stock Preferred stock issued and outstanding as of March 31, 2023 December 31, 2022 1.1 Treasury Stock Treasury stock consisted of approximately 0.9 million shares as of both March 31, 2023 December 31, 2022

Note 15 - Other Comprehensive (

Note 15 - Other Comprehensive (Loss) Income	3 Months Ended
Note 15 - Other Comprehensive (Loss) Income	Mar. 31, 2023
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	NOTE 15: The changes in Other comprehensive (loss) income by component, were as follows: Three Months Ended March 31, (in millions) 2023 2022 Currency translation adjustments Currency translation adjustments $ (1 ) $ 5 Pension and other postretirement benefit plan changes Reclassification adjustments: Amortization of prior service cost (credit) (1) 1 (2 ) Amortization of actuarial (gains) losses (1) (7 ) 2 Total reclassification adjustments (6 ) — Tax provision — — Reclassification adjustments, net of tax (6 ) — Pension and other postretirement benefit plan changes, net of tax (6 ) — Other comprehensive (loss) income $ (7 ) $ 5 ( 1 Reclassified to Total Net Periodic Benefit Cost - refer to Note 11,

Note 16 - Segment Information

Note 16 - Segment Information	3 Months Ended
Note 16 - Segment Information	Mar. 31, 2023
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 16: Change in Segments February 2023 No Kodak has three reportable segments: Print, Advanced Materials and Chemicals and Brand. A description of Kodak’s reportable segments follows. Print Advanced Materials and Chemicals: Brand All Other Segment financial information is shown below: Segment Revenues Three Months Ended March 31, (in millions) 2023 2022 Print $ 209 $ 228 Advanced Materials and Chemicals 61 54 Brand 4 4 All Other 4 4 Consolidated total $ 278 $ 290 Segment Operational EBITDA and Consolidated Earnings (Loss) from Operations Before Income Taxes Three Months Ended March 31, (in millions) 2023 2022 Print $ 6 $ (7 ) Advanced Materials and Chemicals — (3 ) Brand 3 3 Total of reportable segments 9 (7 ) Depreciation and amortization (8 ) (7 ) Restructuring costs and other (1 ) — Stock based compensation (4 ) (2 ) Consulting and other costs (1) 10 (2 ) Idle costs (2) — (1 ) Other operating expense (3) (1 ) — Interest expense (3) (11 ) (9 ) Pension income excluding service cost component (3) 40 30 Other income (charges), net (3) 7 (3 ) Consolidated earnings (loss) from operations before income taxes $ 41 $ (1 ) ( 1 Consulting and other costs are primarily professional services and internal costs associated with certain corporate strategic initiatives, investigations and litigation. Consulting and other costs include $10 million of income in the three March 31, 2023 first 2023, December 31, 2022. ( 2 Consists of third not ( 3 As reported in the Consolidated Statement of Operations. Kodak increased employee benefit reserves by approximately $1 million in the three March 31, 2023 three March 31, 2023 Kodak decreased workers’ compensation reserves by approximately $4 million in the three March 31, 2022, three March 31, 2022 Segment Measure of Profit and Loss Kodak’s segment measure of profit and loss is an adjusted earnings before interest, taxes, depreciation and amortization (“Operational EBITDA”). As demonstrated in the above table, Operational EBITDA represents the earnings (loss) from operations excluding the provision for income taxes; non-service cost components of pension and other postemployment benefits (“OPEB”) income; depreciation and amortization expense; restructuring costs and other; stock-based compensation expense; consulting and other costs; idle costs; interest expense, other operating expense, net and other income (charges), net. Kodak’s segments are measured using Operational EBITDA both before and after allocation of corporate selling, general and administrative expenses ("SG&A"). The segment earnings measure reported is after allocation of corporate SG&A as this most closely aligns with U.S. GAAP. Research and Development activities not

Note 17 - Financial Instruments

Note 17 - Financial Instruments	3 Months Ended
Note 17 - Financial Instruments	Mar. 31, 2023
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 17: Kodak, as a result of its global operating and financing activities, is exposed to changes in foreign currency exchange rates and interest rates, which may not Kodak’s foreign currency forward contracts are not March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 The net effect of foreign currency forward contracts in the results of operations is shown in the following table: Three Months Ended March 31, (in millions) 2023 2022 Net loss from derivatives not designated as hedging instruments $ 1 $ 3 Kodak had no derivatives designated as hedging instruments for the three March 31, 2023 2022 In the event of a default under the Company’s Credit Agreements, or a default under any derivative contract or similar obligation of Kodak, subject to certain minimum thresholds, the derivative counterparties would have the right, although not The Company concluded that the 2021 not not March 31, 2023 December 31, 2022 The Company concluded that the Series B Preferred Stock and the Series C Preferred Stock are each considered more akin to a debt-type instrument and that the economic characteristics and risks of the conversion in the event of a Fundamental Change is not March 31, 2023 December 31, 2022 The net effect of the Preferred Stock and 2021 Three Months Ended March 31, (in millions) 2023 2022 Net loss from Preferred Stock and Convertible Notes embedded derivatives $ 1 $ 3 Fair Value Fair values of Kodak’s foreign currency forward contracts are determined using observable inputs (Level 2 March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022 Transfers between levels of the fair value hierarchy are recognized based on the actual date of the event or change in circumstances that caused the transfer. There were no three March 31, 2023 The fair values of the embedded conversion features derivatives was calculated using unobservable inputs (Level 3 2021 The following tables present the key inputs in the determination of fair value for the embedded conversion features: 2021 Valuation Date March 31, December 31, 2023 2022 Total value of embedded derivative liability ($ millions) $ 3 $ 2 Kodak's closing stock price $ 4.10 $ 3.05 Expected stock price volatility 50.00 % 50.00 % Risk free rate 3.79 % 4.17 % Implied credit spread on the Convertible Notes 25.47 % 26.19 % Series B Preferred Stock: Valuation Date March 31, December 31, 2023 2022 Total value of embedded derivative liability ($ millions) $ 1 $ 1 Kodak's closing stock price $ 4.10 $ 3.05 Expected stock price volatility 50.00 % 50.00 % Risk free rate 3.79 % 4.17 % Implied credit spread on the preferred stock 26.47 % 27.19 % Series C Preferred Stock: Valuation Date March 31, December 31, 2023 2022 Total value of embedded derivative liability ($ millions) $ 1 $ 1 Kodak's closing stock price $ 4.10 $ 3.05 Expected stock price volatility 50.00 % 50.00 % Risk free rate 3.79 % 4.17 % Implied credit spread on the preferred stock 28.47 % 29.19 % The Fundamental Change values at issuance were calculated as the difference between the total value of the 2021 2021 The fair values of long-term debt (Level 2 March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022

Note 2 - Cash, Cash Equivalen_2

Note 2 - Cash, Cash Equivalents and Restricted Cash (Tables)	3 Months Ended
	Mar. 31, 2023
Notes Tables
Schedule of Cash and Cash Equivalents [Table Text Block]	March 31, December 31, (in millions) 2023 2022 Cash and cash equivalents $ 225 $ 217 Restricted cash reported in Other current assets 7 7 Restricted cash 62 62 Total cash, cash equivalents and restricted cash shown in the Statement of Cash Flows $ 294 $ 286

Note 3 - Inventories, Net (Tabl

Note 3 - Inventories, Net (Tables)	3 Months Ended
Note 3 - Inventories, Net (Tables)	Mar. 31, 2023
Notes Tables
Schedule of Inventory, Current [Table Text Block]	March 31, December 31, (in millions) 2023 2022 Finished goods $ 108 $ 98 Work in process 67 64 Raw materials 76 75 Total $ 251 $ 237

Note 4 - Convertible Securiti_2

Note 4 - Convertible Securities and Credit Facilities (Tables)	3 Months Ended
	Mar. 31, 2023
Notes Tables
Temporary Equity [Table Text Block]	March 31, December 31, (in millions) 2023 2022 Series B preferred stock $ 96 $ 95 Series C preferred stock 109 108 Total $ 205 $ 203

Note 5 - Leases (Tables)

Note 5 - Leases (Tables)	3 Months Ended
Note 5 - Leases (Tables)	Mar. 31, 2023
Notes Tables
Lease Income [Table Text Block]	Three Months Ended March 31, (in millions) 2023 2022 Lease income - operating leases: Lease income $ 2 $ 2 Variable lease income 1 1 Total lease income $ 3 $ 3

Note 7 - Guarantees (Tables)

Note 7 - Guarantees (Tables)	3 Months Ended
Note 7 - Guarantees (Tables)	Mar. 31, 2023
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	(in millions) Deferred revenue on extended warranties as of December 31, 2022 $ 19 New extended warranty and maintenance arrangements deferred 23 Recognition of extended warranty and maintenance arrangement revenue (23 ) Deferred revenue on extended warranties as of March 31, 2023 $ 19

Note 8 - Revenue (Tables)

Note 8 - Revenue (Tables)	3 Months Ended
Note 8 - Revenue (Tables)	Mar. 31, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended March 31, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 144 $ 6 $ — $ — $ 150 Ongoing service arrangements 51 — — — 51 Total annuities 195 6 — — 201 Equipment & software 14 — — — 14 Film and chemicals — 52 — — 52 Total Core 209 58 — — 267 Growth products (2) — 3 — — 3 Other (3) — — 4 4 8 Total $ 209 $ 61 $ 4 $ 4 $ 278 Three Months Ended March 31, 2022 Advanced Materials and (in millions) Print Chemicals Brand All Other Total Core products (1) Plates, inks and other consumables $ 161 $ 6 $ — $ — $ 167 Ongoing service arrangements 53 — — — 53 Total annuities 214 6 — — 220 Equipment & software 14 — — — 14 Film and chemicals — 45 — — 45 Total Core 228 51 — — 279 Growth products (2) — 3 — — 3 Other (3) — — 4 4 8 Total $ 228 $ 54 $ 4 $ 4 $ 290 Three Months Ended March 31, 2023 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 66 $ 48 $ 4 $ 4 $ 122 Canada 3 1 — — 4 North America 69 49 4 4 126 Europe, Middle East and Africa 89 5 — — 94 Asia Pacific 45 7 — — 52 Latin America 6 — — — 6 Total $ 209 $ 61 $ 4 $ 4 $ 278 Three Months Ended March 31, 2022 Advanced Materials and (in millions) Print Chemicals Brand All Other Total United States $ 62 $ 40 $ 4 $ 4 $ 110 Canada 5 — — — 5 North America 67 40 4 4 115 Europe, Middle East and Africa 103 4 — — 107 Asia Pacific 49 10 — — 59 Latin America 9 — — — 9 Total $ 228 $ 54 $ 4 $ 4 $ 290

Note 9 - Other (Income) Charg_2

Note 9 - Other (Income) Charges (Tables)	3 Months Ended
Note 9 - Other (Income) Charges (Tables)	Mar. 31, 2023
Notes Tables
Schedule of Other Nonoperating Income, by Component [Table Text Block]	Three Months Ended March 31, (in millions) 2023 2022 Change in fair value of embedded conversion features derivative liability (1) $ 1 $ 3 Other (2) (8 ) — Total $ (7 ) $ 3

Note 10 - Income Taxes (Tables)

Note 10 - Income Taxes (Tables)	3 Months Ended
Note 10 - Income Taxes (Tables)	Mar. 31, 2023
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Three Months Ended March 31, (in millions) 2023 2022 Earnings (loss) from operations before income taxes $ 41 $ (1 ) Effective tax rate 19.5 % (200.0 )% Provision for income taxes 8 2 Provision for income taxes at U.S. statutory tax rate 9 0 Difference between tax at effective vs. statutory rate $ (1 ) $ 2

Note 11 - Retirement Plans an_2

Note 11 - Retirement Plans and Other Postretirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2023
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Three Months Ended March 31, 2023 2022 (in millions) U.S. Non-U.S. U.S. Non-U.S. Major defined benefit plans: Service cost $ 3 $ 1 $ 3 $ 1 Interest cost 29 5 15 2 Expected return on plan assets (64 ) (5 ) (44 ) (4 ) Amortization of: Prior service cost (credit) 2 — (2 ) — Actuarial (gain) loss (7 ) — — 3 Total net pension (income) expense $ (37 ) $ 1 $ (28 ) $ 2

Note 12 - Earnings Per Share (T

Note 12 - Earnings Per Share (Tables)	3 Months Ended
Note 12 - Earnings Per Share (Tables)	Mar. 31, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, (in millions) 2023 2022 Net earnings (loss) $ 33 $ (3 ) Less: Series B Preferred stock cash dividends (1 ) (1 ) Less: Series C Preferred stock in-kind dividends (1 ) (1 ) Less: Preferred stock deemed dividends (1 ) (1 ) Less: Earnings attributable to Series C Preferred shareholders (4 ) — Net earnings (loss) available to common shareholders - basic $ 26 $ (6 ) Effect of dilutive securities: Add back: Series B preferred stock cash and deemed dividends $ 1 $ — Add back: 2021 Convertible Notes interest expense 1 — Net earnings (loss) available to common shareholders - diluted $ 28 $ (6 ) Three Months Ended March 31, (in millions of shares) 2023 2022 Weighted average shares — basic 79.1 78.7 Effect of dilutive securities Employee stock options 0.4 — Unvested restricted stock units 0.7 — Series B Preferred Stock 9.5 — 2021 Convertible Notes 2.5 — Weighted average shares — diluted 92.2 78.7

Note 13 - Stock-based Compens_2

Note 13 - Stock-based Compensation (Tables)	3 Months Ended
Note 13 - Stock-based Compensation (Tables)	Mar. 31, 2023
Notes Tables
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	February 16, 2023 Option Award Modifications Immediately Before Immediately After Range of fair values 0.000 -2.1414 1.322 -2.2424 Range of risk-free interest rates 3.82% - 4.99% 3.82% - 4.99% Range of remaining contractual terms (in years) 0.37 - 4.25 3.37 - 7.25 Range of weighted volatilities 66.96% - 103.39% 66.96% - 103.39% Expected dividend yield 0.00% 0.00%

Note 15 - Other Comprehensive_2

Note 15 - Other Comprehensive (Loss) Income (Tables)	3 Months Ended
Note 15 - Other Comprehensive (Loss) Income (Tables)	Mar. 31, 2023
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	Three Months Ended March 31, (in millions) 2023 2022 Currency translation adjustments Currency translation adjustments $ (1 ) $ 5 Pension and other postretirement benefit plan changes Reclassification adjustments: Amortization of prior service cost (credit) (1) 1 (2 ) Amortization of actuarial (gains) losses (1) (7 ) 2 Total reclassification adjustments (6 ) — Tax provision — — Reclassification adjustments, net of tax (6 ) — Pension and other postretirement benefit plan changes, net of tax (6 ) — Other comprehensive (loss) income $ (7 ) $ 5

Note 16 - Segment Information (

Note 16 - Segment Information (Tables)	3 Months Ended
Note 16 - Segment Information (Tables)	Mar. 31, 2023
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended March 31, (in millions) 2023 2022 Print $ 209 $ 228 Advanced Materials and Chemicals 61 54 Brand 4 4 All Other 4 4 Consolidated total $ 278 $ 290 Three Months Ended March 31, (in millions) 2023 2022 Print $ 6 $ (7 ) Advanced Materials and Chemicals — (3 ) Brand 3 3 Total of reportable segments 9 (7 ) Depreciation and amortization (8 ) (7 ) Restructuring costs and other (1 ) — Stock based compensation (4 ) (2 ) Consulting and other costs (1) 10 (2 ) Idle costs (2) — (1 ) Other operating expense (3) (1 ) — Interest expense (3) (11 ) (9 ) Pension income excluding service cost component (3) 40 30 Other income (charges), net (3) 7 (3 ) Consolidated earnings (loss) from operations before income taxes $ 41 $ (1 )

Note 17 - Financial Instrumen_2

Note 17 - Financial Instruments (Tables)	3 Months Ended
Note 17 - Financial Instruments (Tables)	Mar. 31, 2023
Notes Tables
Derivatives Not Designated as Hedging Instruments [Table Text Block]	Three Months Ended March 31, (in millions) 2023 2022 Net loss from derivatives not designated as hedging instruments $ 1 $ 3
Embedded Derivative, Gain (Loss) on Embedded Derivative [Table Text Block]	Three Months Ended March 31, (in millions) 2023 2022 Net loss from Preferred Stock and Convertible Notes embedded derivatives $ 1 $ 3
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	Valuation Date March 31, December 31, 2023 2022 Total value of embedded derivative liability ($ millions) $ 3 $ 2 Kodak's closing stock price $ 4.10 $ 3.05 Expected stock price volatility 50.00 % 50.00 % Risk free rate 3.79 % 4.17 % Implied credit spread on the Convertible Notes 25.47 % 26.19 % Valuation Date March 31, December 31, 2023 2022 Total value of embedded derivative liability ($ millions) $ 1 $ 1 Kodak's closing stock price $ 4.10 $ 3.05 Expected stock price volatility 50.00 % 50.00 % Risk free rate 3.79 % 4.17 % Implied credit spread on the preferred stock 26.47 % 27.19 % Valuation Date March 31, December 31, 2023 2022 Total value of embedded derivative liability ($ millions) $ 1 $ 1 Kodak's closing stock price $ 4.10 $ 3.05 Expected stock price volatility 50.00 % 50.00 % Risk free rate 3.79 % 4.17 % Implied credit spread on the preferred stock 28.47 % 29.19 %

Note 2 - Cash, Cash Equivalen_3

Note 2 - Cash, Cash Equivalents and Restricted Cash (Details Textual) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
CHINA \| Lucky Hua Guang Graphics Co Ltd [Member]
Restricted Cash and Investments, Noncurrent	$ 5	$ 5
BRAZIL
Restricted Cash and Investments, Noncurrent	6	6
UNITED KINGDOM
Restricted Cash and Investments, Noncurrent	5	5
Cash Collateralized Letter Of Credit Facility [Member]
Restricted Cash and Investments, Noncurrent	$ 44	$ 44

Note 2 - Cash, Cash Equivalen_4

Note 2 - Cash, Cash Equivalents and Restricted Cash - Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Mar. 31, 2023		Dec. 31, 2022	Mar. 31, 2022	[1]	Dec. 31, 2021
Cash and cash equivalents	$ 225		$ 217
Restricted cash reported in Other current assets	7		7
Restricted cash	62		62
Total cash, cash equivalents and restricted cash shown in the Statement of Cash Flows	$ 294	[1]	$ 286	$ 374		$ 423

[1]Refer to Note 2, “Cash, Cash Equivalents and Restricted Cash” for the components of cash, cash equivalents and restricted cash.

Note 3 - Inventories, Net - Sch

Note 3 - Inventories, Net - Schedule of Current Inventory (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Finished goods	$ 108	$ 98
Work in process	67	64
Raw materials	76	75
Total	$ 251	$ 237

Note 4 - Convertible Securiti_3

Note 4 - Convertible Securities and Credit Facilities (Details Textual)						3 Months Ended
	Feb. 26, 2024 USD ($)	Mar. 14, 2023 USD ($)	Feb. 26, 2023	Feb. 26, 2021 USD ($) $ / shares shares	Feb. 16, 2021 $ / shares shares	Mar. 31, 2023 USD ($) $ / shares	Dec. 31, 2022 USD ($) $ / shares	Feb. 25, 2021 $ / shares
Common Stock, Par or Stated Value Per Share (in dollars per share) \| $ / shares				$ 0.01		$ 0.01	$ 0.01
Percentage Of Stock Of Material Domestic Subsidiaries Securing Credit Agreement						100%
Percentage Of Stock Of Material First Tier Foreign Subsidiaries Securing Credit Agreement						65%
Preferred Stock, No Par Value (in dollars per share) \| $ / shares							$ 0
Series B Preferred Stock [Member]
Embedded Derivative, Fair Value of Embedded Derivative Liability				$ 1,000,000		$ 1,000,000	$ 1,000,000
Preferred Stock, Dividend Rate, Percentage				4%
Preferred Stock, No Par Value (in dollars per share) \| $ / shares					$ 0
Preferred Stock Issued, Fair Value				$ 95,000,000
Temporary Equity, Liquidation Preference Per Share (in dollars per share) \| $ / shares								$ 100
Preferred Stock, Convertible, Conversion Price (in dollars per share) \| $ / shares				$ 14.50
Preferred Stock, Convertible, Threshold Trading Days				45
Preferred Stock, Convertible, Threshold Consecutive Trading Days				60
Series B Preferred Stock [Member] \| Repurchase And Exchange Agreement [Member]
Stock Issued During Period, Shares, New Issues (in shares) \| shares					1,000,000
Preferred Stock, Dividend Rate, Percentage					4%
Series B Preferred Stock [Member] \| Purchase Agreement [Member]
Convertible Preferred Stock, Shares Issued upon Conversion (in shares) \| shares				9.5238
Preferred Stock, Convertible, Conversion Price (in dollars per share) \| $ / shares				$ 10.50
Series C Preferred Stock [Member]
Embedded Derivative, Fair Value of Embedded Derivative Liability				$ 2,000,000
Preferred Stock, Convertible, Threshold Trading Days			45
Preferred Stock, Convertible, Threshold Consecutive Trading Days			60
Series C Preferred Stock [Member] \| Other Noncurrent Liabilities [Member]
Embedded Derivative, Fair Value of Embedded Derivative Liability						$ 1,000,000	1,000,000
Series C Preferred Stock [Member] \| After February Twenty Six Two Thousand Twenty Three [Member]
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger			200%
Series C Preferred Stock [Member] \| After February Twenty Six Two Thousand Twenty Four [Member]
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger	150%
Series C Preferred Stock [Member] \| Purchase Agreement [Member]
Stock Issued During Period, Shares, New Issues (in shares) \| shares				1,000,000
Preferred Stock, Dividend Rate, Percentage				5%
Preferred Stock, Convertible, Conversion Price (in dollars per share) \| $ / shares				$ 10
Shares Issued, Price Per Share (in dollars per share) \| $ / shares				$ 100
Gross Proceeds From Issuance Of Preferred Stock And Preference Stock				$ 100
Gross Proceeds Owed on Issuance of PreferredStock				$ 100,000,000
Series C Preferred Stock [Member] \| Dividend And Other Rights [Member]
Preferred Stock, Dividend Rate, Percentage				5%
Amended A B L Credit Agreement [Member]
Excess Availability Percentage Of Lender Commitments Below which Triggering Cash Dominion Control						12.50%
Lender Commitments Threshold Trigger Excess Availability Amount						$ 11,250,000
Excess Availability Below Which Fixed Charge Coverage Ratios Triggered						12.50%
Amended A B L Credit Agreement [Member]
Line of Credit Facility, Daily Minimum Liquidity		$ 50,000,000				$ 50
Line of Credit Facility, Quarterly Minimum Liquidity		80,000,000
Line of Credit Facility, Maximum Borrowing Capacity		$ 90,000,000
Minimum Liquidity Value Required To Maintain At Each Quarter						80,000,000
Minimum Liquidity Current Balance						$ 143,000,000	$ 150,000,000
Excess Availability Percentage Of Lender Commitments Below which Triggering Cash Dominion Control						12.50%	12.50%
Lender Commitments Threshold Trigger Excess Availability Amount						$ 11,250,000	$ 11,250,000
Line of Credit Facility, Remaining Borrowing Capacity						$ 21,000,000	21,000,000
Excess Availability Below Which Fixed Charge Coverage Ratios Triggered						12.50%
Letters of Credit Outstanding, Amount						$ 58,000,000
Amended A B L Credit Agreement [Member] \| Forecast [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 81,000,000
Letter of Credit [Member] \| Amended A B L Credit Agreement [Member]
Line of Credit Facility, Commitment Fee Percentage		0.25%
Letter Of Credit Facility Agreement [Member]
Debt Instrument, Basis Spread on Variable Rate		2.75%
Line of Credit Facility, Commitment Fee Percentage		0.25%
Letter of Credit, Commitment Amount				$ 50,000,000
Line of Credit Facility, Aggregate Cash Collateral Percentage				103%
Letters of Credit Outstanding, Amount						43,000,000	43,000,000
Letter Of Credit Cash Collateral						44,000,000	44,000,000
Line of Credit Facility, Percentage of Letter of Credit Fee		3.75%
Two Thousand Twenty One Notes Embedded Derivative [Member]
Embedded Derivative, Fair Value of Embedded Derivative Liability				$ 12,000,000		$ 3,000,000	$ 2,000,000
Minimum [Member] \| Amended A B L Credit Agreement [Member]
Fixed Charged Coverage Ratio Required						1	1
Minimum [Member] \| Revolving Credit Facility [Member] \| Amended A B L Credit Agreement [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		0.375%
Minimum [Member] \| Revolving Credit Facility [Member] \| Amended A B L Credit Agreement [Member] \| Secured Overnight Financing Rate (SOFR) [Member]
Debt Instrument, Basis Spread on Variable Rate		3.50%
Maximum [Member] \| Revolving Credit Facility [Member] \| Amended A B L Credit Agreement [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage		0.50%
Maximum [Member] \| Revolving Credit Facility [Member] \| Amended A B L Credit Agreement [Member] \| Secured Overnight Financing Rate (SOFR) [Member]
Debt Instrument, Basis Spread on Variable Rate		4%
Two Thousand Twenty One Convertible Debt [Member]
Debt Instrument, Face Amount				$ 25,000,000
Debt Instrument, Interest Rate, Stated Percentage				5%
Debt Conversion, Converted Instrument, Shares Issued (in shares) \| shares				100
Debt Conversion, Converted Instrument, Amount				$ 1,000
Initial Conversion Price Per Share of Common Stock (in dollars per share) \| $ / shares				$ 10
Debt Instrument, Convertible, Stock Price Trigger (in dollars per share) \| $ / shares				$ 14.50
Debt Instrument, Convertible, Threshold Consecutive Trading Days				60
Holder Fundamental Transaction Election Period (Day)				30 days
Convertible Notes Payable, Noncurrent						$ 18,000,000	$ 18,000,000
Debt Instrument, Unamortized Discount						8,000,000	9,000,000
Convertible Debt, Fair Value Disclosures						$ 17,000,000	$ 16,000,000
Two Thousand Twenty One Convertible Debt [Member] \| Minimum [Member]
Debt Instrument, Convertible, Threshold Trading Days				45

Note 4 - Convertible Securiti_4

Note 4 - Convertible Securities and Credit Facilities - Schedule of Redeemable, Convertible Preferred Stock (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Redeemable, convertible preferred stock	$ 205	$ 203
Series B Preferred Stock [Member]
Redeemable, convertible preferred stock	96	95
Series C Preferred Stock [Member]
Redeemable, convertible preferred stock	$ 109	$ 108

Note 5 - Leases (Details Textua

Note 5 - Leases (Details Textual) - USD ($) $ in Millions	3 Months Ended
Note 5 - Leases (Details Textual) - USD ($) $ in Millions	Mar. 31, 2023	Mar. 31, 2022
Sales-type Lease, Lease Income	$ 1	$ 1

Note 5 - Leases - Summary of In

Note 5 - Leases - Summary of Income Recognized on Lease Arrangements (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Lease income - operating leases:
Lease income		$ 2	$ 2
Variable lease income	[1]	1	1
Total lease income		$ 3	$ 3

[1]Variable lease income primarily represents operating costs under real estate leases and incremental variable income based on usage under equipment leases.

Note 6 - Commitments and Cont_2

Note 6 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 14, 2023	Dec. 31, 2022	Jul. 28, 2020
Restricted Cash, Total	$ 69
U S International Development Finance Corporation [Member]
Line of Credit Facility, Maximum Borrowing Capacity				$ 765
BRAZIL
Restricted Cash and Investments, Noncurrent	6		$ 6
Federal And State Value Added Taxes Litigations And Civil Litigation And Disputes With Former Employees [Member] \| BRAZIL
Loss Contingency, Accrual, Reserve Maintained	2
Aggregate Claims	118
Loss Contingency, Estimate of Possible Loss	6
Threat of Expropriation of Assets [Member] \| BRAZIL
Restricted Cash and Investments, Noncurrent	6
Assets, Noncurrent	42
Bank Guarantees And Letters Of Credit [Member]
Guarantor Obligations, Maximum Exposure, Undiscounted	1
Surety Bond [Member]
Guarantor Obligations, Maximum Exposure, Undiscounted	29
Amended A B L Credit Agreement [Member]
Long-Term Line of Credit, Total	58
Line of Credit Facility, Maximum Borrowing Capacity		$ 90
L C Facility Agreement [Member]
Long-Term Line of Credit, Total	$ 43

Note 7 - Guarantees (Details Te

Note 7 - Guarantees (Details Textual) $ in Millions	3 Months Ended
Note 7 - Guarantees (Details Textual) $ in Millions	Mar. 31, 2023 USD ($) a
Warranty Arrangement Period [Member]
Extended Warranty Period (Year)	1 year
Minimum [Member]
Environmental Settlement, Historical Liabilities Trigger Amount \| $	$ 99
Extended Warranty Period (Year)	3 months
Maximum [Member]
Percentage of Liability Above 99 Million	50%
Extended Warranty Period (Year)	6 years
Eastman Business Park Rochester N Y [Member] \| Minimum [Member]
Area of Real Estate Property (Acre) \| a	1,200

Note 7 - Guarantees - Deferred

Note 7 - Guarantees - Deferred Revenue by Arrangement (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Deferred revenue on extended warranties	$ 51
Deferred revenue on extended warranties	51
Extended Warranty Arrangements [Member]
Deferred revenue on extended warranties	19
New extended warranty and maintenance arrangements deferred	23
Recognition of extended warranty and maintenance arrangement revenue	(23)
Deferred revenue on extended warranties	$ 19

Note 8 - Revenue 1 (Details Tex

Note 8 - Revenue 1 (Details Textual) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Contract with Customer, Liability	$ 51		$ 51
Contract with Customer, Liability, Revenue Recognized	21		20
Contract with Customer, Cash Payments Received for Liabilities That Have Been Deferred	21	$ 24
Revenue, Remaining Performance Obligation, Amount	50
Other Current Assets [Member]
Contract with Customer, Asset, after Allowance for Credit Loss, Current	1		1
Other Current Liabilities [Member]
Contract with Customer, Liability	40		40
Other Noncurrent Liabilities [Member]
Contract with Customer, Liability	$ 11		$ 11

Note 8 - Revenue 2 (Details Tex

Note 8 - Revenue 2 (Details Textual)	Mar. 31, 2023
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-04-01
Revenue, Remaining Performance Obligation, Percentage	30%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	9 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Percentage	25%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Percentage	15%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Percentage	30%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Year)	1 year

Note 8 - Revenues - Disaggregat

Note 8 - Revenues - Disaggregated Revenue by Major Product, Product Portfolio Summary, and Geography (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023		Mar. 31, 2022
Revenue		$ 278		$ 290
UNITED STATES
Revenue	[1]	122		110
CANADA
Revenue	[1]	4		5
North America [Member]
Revenue	[1]	126		115
EMEA [Member]
Revenue	[1]	94		107
Asia Pacific [Member]
Revenue	[1]	52		59
Latin America [Member]
Revenue	[1]	6		9
Core [Member]
Revenue		267		279
Plates Inks And Other Consumables [Member] \| Core [Member]
Revenue		150		167
Ongoing Service Arrangements [Member] \| Core [Member]
Revenue	[2]	51		53
Annuities [Member] \| Core [Member]
Revenue		201		220
Equipment and Software [Member] \| Core [Member]
Revenue		14		14
Film and Chemicals [Member] \| Core [Member]
Revenue		52		45
Growth Products [Member]
Revenue		3		3
Other [Member]
Revenue		8		8	[3]
Print [Member]
Revenue		209		228
Print [Member] \| UNITED STATES
Revenue	[1]	66		62
Print [Member] \| CANADA
Revenue	[1]	3		5
Print [Member] \| North America [Member]
Revenue	[1]	69		67
Print [Member] \| EMEA [Member]
Revenue	[1]	89		103
Print [Member] \| Asia Pacific [Member]
Revenue	[1]	45		49
Print [Member] \| Latin America [Member]
Revenue	[1]	6		9
Print [Member] \| Core [Member]
Revenue		209		228
Print [Member] \| Plates Inks And Other Consumables [Member] \| Core [Member]
Revenue		144		161
Print [Member] \| Ongoing Service Arrangements [Member] \| Core [Member]
Revenue	[2]	51		53
Print [Member] \| Annuities [Member] \| Core [Member]
Revenue		195		214
Print [Member] \| Equipment and Software [Member] \| Core [Member]
Revenue		14		14
Print [Member] \| Film and Chemicals [Member] \| Core [Member]
Revenue		0		0
Print [Member] \| Growth Products [Member]
Revenue		0		0
Print [Member] \| Other [Member]
Revenue		0		0	[4],[5]
Advanced Materials And Chemicals [Member]
Revenue		61		54
Advanced Materials And Chemicals [Member] \| UNITED STATES
Revenue	[1]	48		40
Advanced Materials And Chemicals [Member] \| CANADA
Revenue	[1]	1		0
Advanced Materials And Chemicals [Member] \| North America [Member]
Revenue	[1]	49		40	[6]
Advanced Materials And Chemicals [Member] \| EMEA [Member]
Revenue	[1]	5		4
Advanced Materials And Chemicals [Member] \| Asia Pacific [Member]
Revenue	[1]	7		10
Advanced Materials And Chemicals [Member] \| Latin America [Member]
Revenue	[1]	0		0
Advanced Materials And Chemicals [Member] \| Core [Member]
Revenue		58		51
Advanced Materials And Chemicals [Member] \| Plates Inks And Other Consumables [Member] \| Core [Member]
Revenue		6		6
Advanced Materials And Chemicals [Member] \| Ongoing Service Arrangements [Member] \| Core [Member]
Revenue	[2]	0		0
Advanced Materials And Chemicals [Member] \| Annuities [Member] \| Core [Member]
Revenue		6		6
Advanced Materials And Chemicals [Member] \| Equipment and Software [Member] \| Core [Member]
Revenue		0		0
Advanced Materials And Chemicals [Member] \| Film and Chemicals [Member] \| Core [Member]
Revenue		52		45
Advanced Materials And Chemicals [Member] \| Growth Products [Member]
Revenue		3		3	[3]
Advanced Materials And Chemicals [Member] \| Other [Member]
Revenue		0		0	[3]
Brand [Member]
Revenue		4		4
Brand [Member] \| UNITED STATES
Revenue	[1]	4		4
Brand [Member] \| CANADA
Revenue	[1]	0		0
Brand [Member] \| North America [Member]
Revenue	[1]	4		4
Brand [Member] \| EMEA [Member]
Revenue	[1]	0		0
Brand [Member] \| Asia Pacific [Member]
Revenue	[1]	0		0
Brand [Member] \| Latin America [Member]
Revenue	[1]	0		0
Brand [Member] \| Core [Member]
Revenue		0		0
Brand [Member] \| Plates Inks And Other Consumables [Member] \| Core [Member]
Revenue		0		0
Brand [Member] \| Ongoing Service Arrangements [Member] \| Core [Member]
Revenue	[2]	0		0
Brand [Member] \| Annuities [Member] \| Core [Member]
Revenue		0		0
Brand [Member] \| Equipment and Software [Member] \| Core [Member]
Revenue		0	[2]	0
Brand [Member] \| Film and Chemicals [Member] \| Core [Member]
Revenue		0		0
Brand [Member] \| Growth Products [Member]
Revenue		0		0
Brand [Member] \| Other [Member]
Revenue		4		4	[3]
All Other [Member]
Revenue		4		4
All Other [Member] \| UNITED STATES
Revenue	[1]	4		4
All Other [Member] \| CANADA
Revenue	[1]	0		0
All Other [Member] \| North America [Member]
Revenue	[1]	4		4
All Other [Member] \| EMEA [Member]
Revenue	[1]	0		0
All Other [Member] \| Asia Pacific [Member]
Revenue	[1]	0		0
All Other [Member] \| Latin America [Member]
Revenue	[1]	0		0
All Other [Member] \| Core [Member]
Revenue		0		0
All Other [Member] \| Plates Inks And Other Consumables [Member] \| Core [Member]
Revenue		0		0
All Other [Member] \| Ongoing Service Arrangements [Member] \| Core [Member]
Revenue	[2]	0		0
All Other [Member] \| Annuities [Member] \| Core [Member]
Revenue		0		0
All Other [Member] \| Equipment and Software [Member] \| Core [Member]
Revenue		0		0
All Other [Member] \| Film and Chemicals [Member] \| Core [Member]
Revenue		0		0
All Other [Member] \| Growth Products [Member]
Revenue		0		0
All Other [Member] \| Other [Member]
Revenue		$ 4		$ 4	[3]

[1]Sales are reported in the geographic area in which they originate. No non-U.S. country generated more than 10% of net sales in the years ended December 31, 2022, 2021 and 2020.[2]Core includes the Print business, Motion Picture, and Industrial Film and Chemicals, excluding coating and product commercialization services (“Coating Services”).[3]Growth consists of Coatng Services and Advanced Materials and Functional Printing within the Advanced Materials and Chemicals segment.[4]Other consists of Intellectual Property Licensing, Brand Licensing and Eastman Business Park.[5]Other includes revenue from non-recurring engineering services, tenant rent and related property management services and licensing.[6]Sales are reported in the geographic area in which they originate.

Note 9 - Other (Income) Charg_3

Note 9 - Other (Income) Charges - Schedule of Other (Income) Charges - Schedule of Other Charges, Net (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Change in fair value of the Preferred Stock and Convertible Notes embedded derivatives	[1]	$ 1	$ 3
Other (2)	[2]	(8)	0
Total		$ (7)	$ 3

[1]Refer to Note 17, "Financial Instruments".[2]Interest income associated with a refund received in the first quarter of 2023 from a governmental authority in a location outside the U.S that was previously held in order to guarantee potential tax disputes in that jurisdiction.

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%	21%
Foreign Tax Authority [Member]
Income Tax Examination, Year under Examination		2015 2016 2017 2018
Income Tax Examination, Penalties and Interest Expense, Total		$ 2
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount		$ (3)

Note 10 - Income Taxes - Schedu

Note 10 - Income Taxes - Schedule of Income Tax Provision and Effective Tax Rate (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings (loss) from operations before income taxes	$ 41,000	$ (1,000)
Effective tax rate	19.50%	(200.00%)
Provision for income taxes	$ 8,000	$ 2,000
Provision for income taxes at U.S. statutory tax rate	9,000	0
Difference between tax at effective vs. statutory rate	$ (1,000)	$ 2,000

Note 11 - Retirement Plans an_3

Note 11 - Retirement Plans and Other Postretirement Benefits - Components of the Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Pension income	$ (36)	$ (26)
Pension Plan [Member] \| UNITED STATES
Service cost	3	3
Interest cost	29	15
Expected return on plan assets	(64)	(44)
Prior service cost (credit)	2	(2)
Actuarial (gain) loss	(7)	0
Pension income	(37)	(28)
Pension Plan [Member] \| Foreign Plan [Member]
Service cost	1	1
Interest cost	5	2
Expected return on plan assets	(5)	(4)
Prior service cost (credit)	0	0
Actuarial (gain) loss	0	3
Pension income	$ 1	$ 2

Note 12 - Earnings Per Share (D

Note 12 - Earnings Per Share (Details Textual) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Two Thousand Twenty One Convertible Notes [Member]
Antidilutive Securities Excluded From Computation of Earnings Per Share, Amount, Value		$ 25
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0.1	0.4
Dilutive Securities Excluded In Computation Of Earnings Per Share Amount (in shares)		0.5
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	4.3	3.8
Dilutive Securities Excluded In Computation Of Earnings Per Share Amount (in shares)		0.9
Series C Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	1.1	1
Series B Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)		1

Note 12 - Earnings Per Share -

Note 12 - Earnings Per Share - Schedule of Earnings Per Share Basic and Diluted (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Net earnings (loss)	$ 33	$ (3)
Preferred stock cash dividends	(1)	(1)
Preferred stock in-kind dividends	(1)	(1)
Less: Preferred stock deemed dividends	(1)	(1)
Net earnings (loss) available to common shareholders - basic	26	(6)
Add back: Series B preferred stock cash and deemed dividends	1	0
Add back: 2021 Convertible Notes interest expense	1	0
Net earnings (loss) available to common shareholders - diluted	$ 28	$ (6)
Basic (in shares)	79.1	78.7
Effect of dilutive securities
Series B Preferred Stock (in shares)	9.5	0
2021 Convertible Notes (in shares)	2.5	0
Weighted average shares — diluted (in shares)	92.2	78.7
Series C Preferred Stock [Member]
Less: Earnings attributable to Series C Preferred shareholders	$ (4)	$ 0
Share-Based Payment Arrangement, Option [Member]
Effect of dilutive securities
Dilutive Effect of Share-Based Payment Arrangements (in shares)	0.4	0
Restricted Stock Units (RSUs) [Member]
Effect of dilutive securities
Dilutive Effect of Share-Based Payment Arrangements (in shares)	0.7	0

Note 13 - Stock-based Compens_3

Note 13 - Stock-based Compensation (Details Textual) - Non-qualified Stock Options [Member] - USD ($) $ in Millions			3 Months Ended
	Feb. 16, 2023	Feb. 15, 2023	Mar. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Expiration Period (Year)	10 years	7 years
Share-Based Payment Arrangement, Plan Modification, Incremental Cost			$ 3
Maximum [Member]
Share-Based Payment Arrangement, Plan Modification, Incremental Cost Not yet Recognized, Amount			$ 1

Note 13 - Stock-based Compens_4

Note 13 - Stock-based Compensation - Schedule Of Share Based Payment Award Stock Options Valuation Assumptions (Details) - $ / shares	Feb. 16, 2023	Feb. 15, 2023
Range of risk-free interest rates, minimum	3.82%	3.82%
Range of risk-free interest rates, maximum	4.99%	4.99%
Range of weighted volatilities, minimum	66.96%	66.96%
Range of weighted volatilities, maximum	103.39%	103.39%
Expected dividend yield	0%	0%
Minimum [Member]
Range of fair values (in dollars per share)	$ 1.32	$ 0
Range of remaining contractual terms (in years) (Year)	3 years 4 months 13 days	4 months 13 days
Maximum [Member]
Range of fair values (in dollars per share)	$ 2.24	$ 2.14
Range of remaining contractual terms (in years) (Year)	7 years 3 months	4 years 3 months

Note 14 - Shareholders' Equity

Note 14 - Shareholders' Equity (Details Textual) - $ / shares shares in Millions	Mar. 31, 2023	Dec. 31, 2022	Feb. 26, 2021	Feb. 16, 2021
Stock Authorized (in shares)		560
Common Stock, Shares Authorized (in shares)		500
Common Stock, Par or Stated Value Per Share (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized (in shares)		60
Preferred Stock, No Par Value (in dollars per share)		$ 0
Common Stock, Shares, Outstanding (in shares)	79.3	79.1
Treasury Stock, Common, Shares (in shares)	0.9	0.9
Series B Preferred Stock [Member]
Preferred Stock, No Par Value (in dollars per share)				$ 0
Preferred Stock, Shares Outstanding, Ending Balance (in shares)	1	1
Series C Preferred Stock [Member]
Preferred Stock, Shares Outstanding, Ending Balance (in shares)	1.1	1.1

Note 15 - Other Comprehensive_3

Note 15 - Other Comprehensive (Loss) Income - Changes in Other Comprehensive Income (Loss), by Component (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Currency translation adjustments		$ (1)	$ 5
Amortization of prior service cost (credit) (1)		1	(2)
Amortization of actuarial (gains) losses (1)	[1]	(7)	2
Total reclassification adjustments		(6)	0
Tax provision		0	0
Reclassification adjustments, net of tax		(6)	0
Pension and other postretirement benefit plan changes, net of tax		(6)	0
Other comprehensive (loss) income		$ (7)	$ 5

[1]Reclassified to Pension income - refer to Note 20, "Retirement Plans" and Note 21, "Other Postretirement Benefits" for additional information.

Note 16 - Segment Information_2

Note 16 - Segment Information (Details Textual) $ in Millions	3 Months Ended		12 Months Ended	27 Months Ended
	Mar. 31, 2023 USD ($) a	Mar. 31, 2022 USD ($)	Dec. 31, 2022	Mar. 31, 2022 USD ($)
Number of Reportable Segments	3
Insurance Reimbursement	$ 10
Proceeds from Insurance Reimbursement	15
Increase (Decrease) in Employee Related Liabilities	1			$ (4)
Increase (Decrease) in Workers' Compensation Liabilities	2
Increase (Decrease) in Other Employee-Related Liabilities	(1)
Gross Profit [Member]
Increase (Decrease) in Employee Related Liabilities	1	$ (3)
Selling, General and Administrative Expenses [Member]
Increase (Decrease) in Employee Related Liabilities		$ (1)
Other Current Assets [Member]
Insurance Reimbursement Proceeds	$ 5
Eastman Business Park Rochester N Y [Member] \| Minimum [Member]
Area of Real Estate Property (Acre) \| a	1,200
Traditional Printing [Member]
Number of Reportable Segments			1
Print [Member]
Number of Business Lines	5
Advanced Materials And Chemicals [Member]
Number of Business Lines	3

Note 16 - Segment Information -

Note 16 - Segment Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Revenues		$ 278	$ 290
Depreciation and amortization		(8)	(7)
Restructuring costs and other		(1)	0
Interest expense (3)		(11)	(9)
Pension income excluding service cost component (3)		40	30
Other income (charges), net (3)		7	(3)
Print [Member]
Revenues		209	228
Advanced Materials And Chemicals [Member]
Revenues		61	54
Brand [Member]
Revenues		4	4
Continuing Operations [Member]
Revenues		278	290
Earnings (Losses) Before Interest, Taxes, Depreciation and Amortization		9	(7)
Depreciation and amortization		(8)	(7)
Restructuring costs and other		(1)	0
Stock based compensation		(4)	(2)
Consulting and other costs (1)	[1]	10	(2)
Idle costs (2)	[2]	0	(1)
Other operating expense (3)		(1)	0
Interest expense (3)	[3]	(11)	(9)
Pension income excluding service cost component (3)	[3]	40	30
Other income (charges), net (3)	[3]	7	(3)
Consolidated earnings (loss) from operations before income taxes		41	(1)
Continuing Operations [Member] \| Operating Segments [Member] \| Print [Member]
Earnings (Losses) Before Interest, Taxes, Depreciation and Amortization		6	(7)
Continuing Operations [Member] \| Operating Segments [Member] \| Advanced Materials And Chemicals [Member]
Revenues		61	54
Earnings (Losses) Before Interest, Taxes, Depreciation and Amortization		0	(3)
Continuing Operations [Member] \| Operating Segments [Member] \| Brand [Member]
Earnings (Losses) Before Interest, Taxes, Depreciation and Amortization		3	3
Continuing Operations [Member] \| Operating Segments [Member] \| Print [Member]
Revenues		209	228
Continuing Operations [Member] \| Operating Segments [Member] \| Brand [Member]
Revenues		4	4
Continuing Operations [Member] \| Operating Segments [Member] \| All Other [Member]
Revenues		$ 4	$ 4

[1]Consulting and other costs are primarily professional services and internal costs associated with certain corporate strategic initiatives, investigations and litigation. Consulting and other costs include $10 million of income in the three months ended March 31, 2023 representing insurance reimbursement of legal costs previously paid by the Company associated with investigations and litigation matters. Kodak received $15 million of insurance reimbursement proceeds in the first quarter of 2023, of which $5 million was recorded in Other current assets in the Consolidated Statement of Financial Position as of December 31, 2022.[2]Consists of third-party costs such as security, maintenance, and utilities required to maintain land and buildings in certain locations not used in any Kodak operations and the costs, net of any rental income received, of underutilized portions of certain properties.[3]As reported in the Consolidated Statement of Operations.

Note 17 - Financial Instrumen_3

Note 17 - Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Derivatives Hedging Instruments	$ 0	$ 0
Fair Value, Inputs, Level 2 [Member]
Long-Term Debt, Fair Value	281,000	271,000
Forward Contracts [Member]
Foreign Currency Contract, Asset, Fair Value Disclosure	0	1,000
Foreign Currency Contracts, Liability, Fair Value Disclosure	2,000	1,000
Foreign Exchange Forward [Member] \| Not Designated as Hedging Instrument [Member]
Derivative Asset, Notional Amount	$ 300,000	$ 308,000

Note 17 - Financial Instrumen_4

Note 17 - Financial Instruments - Derivatives Not Designated as Hedging Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Net loss from derivatives not designated as hedging instruments	$ 1	$ 3

Note 17 - Financial Instrumen_5

Note 17 - Financial Instruments - Gain (Loss) on Embedded Derivatives (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Change in fair value of the Preferred Stock and Convertible Notes embedded derivatives	[1]	$ 1	$ 3

[1]Refer to Note 17, "Financial Instruments".

Note 17 - Financial Instrumen_6

Note 17 - Financial Instruments - Derivative Liability Key Inputs in Determination of Fair Value for Embedded Conversion Features (Details) $ / shares in Units, $ in Millions	Mar. 31, 2023 USD ($) $ / shares	Dec. 31, 2022 USD ($) $ / shares	Feb. 26, 2021 USD ($)
Series B Preferred Stock [Member]
Total value of embedded derivative liability ($ millions)	$ 1	$ 1	$ 1
Series C Preferred Stock [Member]
Total value of embedded derivative liability ($ millions)			$ 2
Fair Value, Inputs, Level 3 [Member] \| Series B Preferred Stock [Member]
Total value of embedded derivative liability ($ millions)	$ 1	$ 1
Kodak's closing stock price (in dollars per share) \| $ / shares	$ 4.10	$ 3.05
Alternative Investment, Measurement Input	0.2647	0.2719
Fair Value, Inputs, Level 3 [Member] \| Series B Preferred Stock [Member] \| Measurement Input, Price Volatility [Member]
Alternative Investment, Measurement Input	0.5000	0.5000
Fair Value, Inputs, Level 3 [Member] \| Series B Preferred Stock [Member] \| Measurement Input, Risk Free Interest Rate [Member]
Alternative Investment, Measurement Input	0.0379	0.0417
Fair Value, Inputs, Level 3 [Member] \| Series C Preferred Stock [Member]
Total value of embedded derivative liability ($ millions)	$ 1	$ 1
Kodak's closing stock price (in dollars per share) \| $ / shares	$ 4.10	$ 3.05
Alternative Investment, Measurement Input	0.2847	0.2919
Fair Value, Inputs, Level 3 [Member] \| Series C Preferred Stock [Member] \| Measurement Input, Price Volatility [Member]
Alternative Investment, Measurement Input	0.5000	0.5000
Fair Value, Inputs, Level 3 [Member] \| Series C Preferred Stock [Member] \| Measurement Input, Risk Free Interest Rate [Member]
Alternative Investment, Measurement Input	0.0379	0.0417
Fair Value, Inputs, Level 3 [Member] \| Two Thousand Twenty One Convertible Notes [Member]
Total value of embedded derivative liability ($ millions)	$ 3	$ 2
Kodak's closing stock price (in dollars per share) \| $ / shares	$ 4.10	$ 3.05
Fair Value, Inputs, Level 3 [Member] \| Two Thousand Twenty One Convertible Notes [Member] \| Measurement Input, Price Volatility [Member]
Alternative Investment, Measurement Input	0.5000	0.5000
Fair Value, Inputs, Level 3 [Member] \| Two Thousand Twenty One Convertible Notes [Member] \| Measurement Input, Risk Free Interest Rate [Member]
Alternative Investment, Measurement Input	0.0379	0.0417
Fair Value, Inputs, Level 3 [Member] \| Two Thousand Twenty One Convertible Notes [Member] \| Measurement Input, Credit Spread [Member]
Alternative Investment, Measurement Input	0.2547	0.2619