Kodak 2000 Annual Report Download - page 63

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(in millions) 2 0 0 0 1 9 9 9 1 9 9 8
Operating net as sets:
Consumer Imaging $5 , 1 8 8 $5 , 0 0 5 $ 4 , 8 5 6
Kodak Pro f e s s i o n a l 1 , 5 3 1 1 , 6 3 6 1 , 5 9 1
Health Imaging 1 , 4 8 2 1 , 2 2 9 1 , 1 3 5
Other Imaging 1 , 3 4 3 1 , 0 7 4 1 , 1 7 3
Total of segments 9 , 5 4 4 8 , 9 4 4 8 , 7 5 5
LIFO inventory re s e rv e ( 4 4 9 ) ( 4 6 5 ) ( 4 9 1 )
Cash and marketable
s e c u r i t i e s 2 5 1 3 9 3 5 0 0
Dividends payable ( 1 2 8 ) ( 1 3 9 ) ( 1 4 2 )
Net deferred income tax
(liabilities) and assets ( 4 ) 1 9 1 4 5 7
N o n c u rrent other
postemployment
l i a b i l i t i e s ( 2 , 2 0 9 ) ( 2 , 2 8 9 ) ( 2 , 4 5 5 )
Other corporate
net assets ( 2 0 5 ) ( 6 2 4 ) ( 6 1 4 )
Consolidated
net assets( 1 ) $6 , 8 0 0( )$6 , 0 1 1 $ 6 , 0 1 0
D e p reciation expense:
Segment financial information is shown below.
(in millions) 2 0 0 0 1 9 9 9 1 9 9 8
S a l e s :
Consumer Imaging $7 , 4 0 6 $7 , 4 1 1 $ 7 , 1 6 4
Kodak Pro f e s s i o n a l 1 , 7 0 6 1 , 9 1 0 1 , 8 4 0
Health Imaging 2 , 1 8 5 2 , 1 2 0 1 , 5 2 6
Other Imaging 2 , 6 9 7 2 , 6 4 8 2 , 8 7 6
Consolidated total $1 3 , 9 9 4 $1 4 , 0 8 9 $ 1 3 , 4 0 6
E a rnings from operations:
Consumer Imaging $1 , 1 7 9 $1 , 2 9 9 $ 1 , 0 8 0
Kodak Pro f e s s i o n a l 2 6 1 3 7 4 3 3 0
Health Imaging 5 0 3 4 7 0 3 2 1
Other Imaging 2 2 7 1 9 7 1 5 7
Total of segments 2 , 1 7 0 2 , 3 4 0 1 , 8 8 8
R e s t ructuring (charg e s )
c re d i t s 4 4 ( 3 5 0 ) –
Consolidated total $2 , 2 1 4 $1 , 9 9 0 $ 1 , 8 8 8
Net earn i n g s :
Consumer Imaging $8 6 0 $9 0 0 $ 7 8 5
Kodak Pro f e s s i o n a l 1 1 1 2 6 5 2 3 7
Health Imaging 3 4 6 3 1 5 2 0 5
Other Imaging 1 6 1 2 2 2 1 6 2
Total of segments 1 , 4 7 8 1 , 7 0 2 1 , 3 8 9
R e s t ructuring (charg e s )
c re d i t s 4 4 ( 3 5 0 ) –
Gain on sale of
N a n o S y s t e m s ––8 7
I n t e rest expense ( 1 7 8 ) ( 1 4 2 ) ( 1 1 0 )
Other corporate items 2 6 2 2 2 7
Income tax effects on
above items and
taxes not allocated
to segments 3 7 1 6 0 ( 3 )
Consolidated total $1 , 4 0 7 $1 , 3 9 2 $ 1 , 3 9 0
62
(in millions) 2 0 0 0 1 9 9 9 1 9 9 8
Total assets $1 4 , 2 1 2 $1 4 , 3 7 0 $ 1 4 , 7 3 3
Total liabilities 1 0 , 7 8 4 1 0 , 4 5 8 1 0 , 7 4 5
Less: Short - t e rm
b o rro w i n g s ( 2 , 2 0 6 ) ( 1 , 1 6 3 ) ( 1 , 5 1 8 )
Less: Long-term
b o rro w i n g s ( 1 , 1 6 6 ) ( 9 3 6 ) ( 5 0 4 )
N o n - i n t e rest-bearing
l i a b i l i t i e s 7 , 4 1 2 8 , 3 5 9 8 , 7 2 3
Consolidated net assets $6 , 8 0 0 $6 , 0 1 1 $ 6 , 0 1 0
( 1 ) Consolidated net assets are derived from the Consolidated Statement of Financial
Position, as follows: