Kodak 2007 Annual Report Download - page 60

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NOTE 8: ACCOUNTS PAYABLE AND OTHER CURRENT LIABILITIES
As of December 31,
(in millions) 2007 2006
Accounts payable, trade $ 1,233 $ 906
Accrued employment-related liabilities 727 794
Accrued advertising and promotional expenses 541 524
Deferred revenue 414 378
Accrued restructuring liabilities 164 263
Other 715 847
Total $ 3,794 $ 3,712
The other component above consists of other miscellaneous current liabilities that, individually, are less than 5% of the total current liabilities component
within the Consolidated Statement of Financial Position, and therefore, have been aggregated in accordance with Regulation S-X.
NOTE 9: SHORT-TERM BORROWINGS AND LONG-TERM DEBT
Short-term Borrowings
The Company’s short-term borrowings were as follows:
As of December 31,
(in millions) 2007 2006
Current portion of long-term debt $ 300 $ 17
Short-term bank borrowings 8 47
Total $ 308 $ 64
The weighted-average interest rates for short-term bank borrowings outstanding at December 31, 2007 and 2006 were 7.50% and 9.84%, respectively.
As of December 31, 2007, the Company and its subsidiaries, on a consolidated basis, maintained $1,062 million in committed bank lines of credit and
$499 million in uncommitted bank lines of credit to ensure continued access to short-term borrowing capacity, as described further below.