Kodak 2009 Annual Report Download - page 58

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Eastman Kodak Company
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
(in millions, except share and per share data) As of December 31,
2009 2008
ASSETS
CURRENT ASSETS
Cash and cash equivalents $ 2,024 $ 2,145
Receivables, net 1,395 1,716
Inventories, net 679 948
Other current assets 205 195
Total current assets 4,303 5,004
Property, plant and equipment, net 1,254 1,551
Goodwill 907 896
Other long-term assets 1,227 1,728
TOTAL ASSETS $ 7,691
$ 9,179
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable and other current liabilities $ 2,811 $ 3,267
Short-term borrowings and current portion of long-term debt 62 51
Accrued income and other taxes 23 120
Total current liabilities 2,896 3,438
Long-term debt, net of current portion 1,129 1,252
Pension and other postretirement liabilities 2,694 2,382
Other long-term liabilities 1,005 1,119
Total liabilities 7,724 8,191
Commitments and Contingencies (Note 10)
EQUITY
Common stock, $2.50 par value, 950,000,000 shares authorized;
391,292,760 shares issued as of December 31, 2009 and 2008;
268,630,514 and 268,169,055 shares outstanding as of
December 31, 2009 and 2008 978 978
Additional paid in capital 1,093 901
Retained earnings 5,676 5,903
Accumulated other comprehensive loss (1, 760) (749)
5,987 7,033
Treasury stock, at cost;
122,662,246 shares as of December 31, 2009 and 123,123,705
shares as of December 31, 2008 (6,022) (6,048)
Total Eastman Kodak Company shareholders’ (deficit) equity (35) 985
Noncontrolling interests 2 3
Total (deficit) equity (33) 988
TOTAL LIABILITIES AND (DEFICIT) EQUITY $ 7,691
$ 9,179
The accompanying notes are an integral part of these consolidated financial statements.