Kodak 2009 Annual Report Download - page 113

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(1) Includes pre-tax restructuring and rationalization charges of $116 million ($7 million included in Cost of goods sold and $109
million included in Restructuring costs, rationalization and other), which increased net loss from continuing operations by $108
million; a pre-tax legal contingency of $5 million (included in Cost of goods sold), which increased net loss from continuing
operations by $5 million; a pre-tax loss on asset sales of $4 million (included in Other operating expenses (income), net), which
increased net loss from continuing operations by $4 million; and other discrete tax items, which reduced net loss from
continuing operations by $12 million.
(2) Includes pre-tax restructuring and rationalization charges of $46 million ($9 million included in Cost of goods sold and $37
million included in Restructuring costs, rationalization and other), which increased net loss from continuing operations by $42
million; a pre-tax reversal of negative goodwill of $7 million (included in Research and development costs), which reduced net
loss from continuing operations by $7 million; a pre-tax reversal of a value-added tax reserve of $5 million (included in Interest
expense, and Other income (charges), net), which reduced net loss from continuing operations by $5 million; and other
discrete tax items, which increased net loss from continuing operations by $45 million.
(3) Includes pre-tax restructuring and rationalization charges of $35 million ($2 million included in Cost of goods sold and $33
million included in Restructuring, rationalization and other), which increased net loss from continuing operations by $32 million;
a pre-tax loss on asset sales of $10 million (included in Other operating expenses (income), net), which increased net loss
from continuing operations by $10 million; and other discrete tax items, which increased net loss from continuing operations by
$6 million.
(4) Includes pre-tax restructuring and rationalization charges of $61 million ($14 million included in Cost of goods sold and $47
million included in Restructuring, rationalization and other), which reduced net earnings from continuing operations by $55
million; a pre-tax asset impairment charge of $6 million (included in Other operating (income) expenses, net), which reduced
net earnings from continuing operations by $6 million; pre-tax gains on sales of assets of $107 million, which increased net
earnings from continuing operations by $107 million; a pre-tax reversal of a value-added tax reserve of $4 million ($2 million
included in Cost of goods sold, $1 million in Interest expense, and $1 million in Other income (charges), net), which increased
net earnings from continuing operations by $4 million; and other discrete tax items, which increased net earnings from
continuing operations by $40 million.
(5) Includes pre-tax gains on curtailments due to focused cost reduction actions of $10 million (included in Restructuring costs,
rationalization and other), which reduced net loss from continuing operations by $9 million; pre-tax gains of $10 million related
to the sales of assets and business operations, which reduced net loss from continuing operations by $10 million; a pre-tax
legal settlement of $10 million (included in Cost of goods sold), which increased net loss from continuing operations by $10
million; and discrete tax items, which increased net loss from continuing operations by $10 million.
(6) Includes pre-tax gains of $7 million related to the sales of assets and business operations, which increased net earnings from
continuing operations by $7 million; support for an educational institution, which reduced net earnings from continuing
operations by $10 million; a $270 million IRS refund, offset by $18 million of other discrete tax items, which increased net
earnings from continuing operations by $252 million; and a pre-tax loss of $3 million related to rationalization charges (included
in Restructuring costs, rationalization and other), which reduced net earnings from operations by $4 million.
(7) Includes pre-tax restructuring and rationalization charges of $52 million ($4 million included in Cost of goods sold and $48
million included in Restructuring costs, rationalization and other), which reduced net earnings from continuing operations $49
million; changes to postemployment benefit plans, which increased pre-tax earnings and net earnings from continuing
operations by $94 million; a $3 million pre-tax loss on the sale of assets and businesses, net, which reduced net earnings from
continuing operations by $2 million; a pre-tax legal contingency of $10 million ($4 million included in Cost of goods sold), which
reduced net earnings from continuing operations by $6 million; and other discrete tax items, which increased net earnings from
continuing operations by $4 million.
(8) Includes a pre-tax goodwill impairment charge of $785 million (included in Other operating expenses (income), net), which
increased net loss from continuing operations by $781 million; pre-tax restructuring and rationalization charges of $103 million
($3 million included in Cost of goods sold and $100 million included in Restructuring costs, rationalization and other), which
increased net loss from continuing operations by $96 million; foreign contingency adjustments (included in Cost of goods
sold), which reduced net loss from continuing operations by $3 million; a pre-tax legal contingency of $21 million (included in
SG&A), which increased net loss from continuing operations by $21 million; a pre-tax gain related to property sales, net of
impairment charges of $4 million, which reduced net loss from continuing operations by $4 million; and discrete tax items,
which increased net loss from continuing operations by $2 million.
(9) Refer to Note 22, “Discontinued Operations,” in the Notes to Financial Statements for a discussion regarding earnings (loss)
from discontinued operations.
(10) Refer to Note 23, “Extraordinary Item,” in the Notes to Financial Statements.