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Table of Contents
EASTMAN KODAK COMPANY
(DEBTOR-IN-POSSESSION)
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
(in millions, except share and per share data)
The accompanying notes are an integral part of these consolidated financial statements.
53
As of December 31,
2012
2011
ASSETS
CURRENT ASSETS
Cash and cash equivalents
$
1,135
$
861
Receivables, net
790
1,103
Inventories, net
543
607
Deferred income taxes
75
81
Other current assets
35
75
Total current assets
2,578
2,727
Property, plant and equipment, net
693
895
Goodwill
278
277
Other long
-
term assets
737
779
TOTAL ASSETS
$
4,286
$
4,678
LIABILITIES AND EQUITY (DEFICIT)
CURRENT LIABILITIES
Accounts payable, trade
$
432
$
706
Short
-
term borrowings and current portion of long
-
term debt
699
152
Accrued income and other taxes
13
40
Other current liabilities
960
1,252
Total current liabilities
2,104
2,150
Long
-
term debt, net of current portion
740
1,363
Pension and other postretirement liabilities
2,031
3,053
Other long
-
term liabilities
372
462
Liabilities subject to compromise
2,716
—
Total liabilities
7,963
7,028
Commitments and Contingencies (Note 13)
EQUITY (DEFICIT)
Common stock, $2.50 par value, 950,000,000 shares authorized; 391,292,760 shares issued as of December 31, 2012
and 2011; 272,373,920 and 271,379,883 shares outstanding as of December 31, 2012 and 2011, respectively
978
978
Additional paid in capital
1,105
1,108
Retained earnings
2,600
4,071
Accumulated other comprehensive loss
(2,616
)
(2,666
)
2,067
3,491
Treasury stock, at cost; 118,918,840 shares as of December 31, 2012 and 119,912,877 shares as of December 31,
2011
(5,746
)
(5,843
)
Total Eastman Kodak Company shareholders
’
deficit
(3,679
)
(2,352
)
Noncontrolling interests
2
2
Total deficit
(3,677
)
(2,350
)
TOTAL LIABILITIES AND DEFICIT
$
4,286
$
4,678