Kodak 2004 Annual Report Download - page 29
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Please find page 29 of the 2004 Kodak annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Financials
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2 0 0 4 S U M M A R Y A N N U A L R E P O R T
Other
Balance Ajustments Balance
Dec.31, Costs Cash Non-cash and Dec.31,
(inmillions) 2003 Incurred Reversals Payments Settlements Reclasses(1) 2004
2004-2006Program:
Severancereserve $ — $ 418 $ (6) $(169) $— $24 $267
Exitcostsreserve — 99 (1) (47) — (15) 36
Totalreserve $ — $ 517 $ (7) $(216) $ — $ 9 $303
Long-livedassetimpairments
andinventorywrite-downs $ — $157 $ — $— $(157) $— $ —
Accelerateddepreciation — 152 — — (152) — —
Q32003Program:
Severancereserve $180 $45 $ (4) $(208) $ — $ 17 $ 30
Exitcostsreserve 12 7 (3) (14) — — 2
Totalreserve $192 $ 52 $ (7) $(222) $ — $ 17 $ 32
Long-livedassetimpairments
andinventorywrite-downs $ — $ 6 $ — $ — $ (6) $— $ —
Accelerateddepreciation — 24 — — (24) — —
Q12003Program:
Severancereserve $23 $— $ (1) $(15) $— $— $ 7
Exitcostsreserve 4 — — (4) — — —
Totalreserve $ 27 $— $ (1) $(19) $— $— $ 7
Accelerateddepreciation $— $ 7 $ — $— $ (7) $— $—
PhogenixProgram:
Exitcostsreserve $ 9 $— $ (6) $ (3) $— $ — $—
Q42002Program:
Severancereserve $ 12 $— $— $ (11) $— $ — $ 1
Exitcostsreserve 8 1 (4) (3) — — 2
Totalreserve $ 20 $1 $ (4) $ (14) $— $ — $ 3
2001Programs:
Severancereserve $ 6 $— $— $ (4) $— $— $ 2
Exitcostsreserve 13 — (2) (3) — — 8
Totalreserve $ 19 $ — $ (2) $ (7) $— $ — $ 10
Totalofall
restructuringprograms $267 $ 916 $ (27) $(481) $(346) $ 26 $355
(1)TheOtherAdjustmentsandReclassescolumnofthetableaboveincludesreclassificationstoOtherlong-termassets,Pensionandotherpostretirementliabilities
andOtherlong-termliabilitiesintheConsolidatedStatementofFinancialPosition.Italsoincludesforeigncurrencytranslationadjustmentsof$19millionwhichare
reflectedintheConsolidatedStatementofEarnings.
RestructuringProgramsSummary
Theactivityintheaccruedrestructuringbalancesandthenon-cashchargesincurredinrelationtoalloftherestructuringprogramsdescribedbelowwas
asfollowsforfiscal2004: