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46
Eastman Kodak Company
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As of December 31,
(in millions, except share and per share data)
2010
2009
ASSETS
CURRENT ASSETS
Cash and cash equivalents
$ 1,624
$ 2,024
Receivables, net
1,259
1,395
Inventories, net
696
679
Deferred income taxes
120
121
Other current assets
100
84
Total current assets
3,799
4,303
Property, plant and equipment, net
1,037
1,254
Goodwill
294
907
Other long-term assets
1,109
1,227
TOTAL ASSETS
$ 6,239
$ 7,691
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable, trade
$ 959
$ 919
Short-term borrowings and current portion of long-term debt
50
62
Accrued income taxes
343
23
Other current liabilities
1,481
1,892
Total current liabilities
2,833
2,896
Long-term debt, net of current portion
1,195
1,129
Pension and other postretirement liabilities
2,661
2,694
Other long-term liabilities
625
1,005
Total liabilities
7,314
7,724
Commitments and Contingencies (Note 10)
EQUITY (DEFICIT)
Common stock, $2.50 par value, 950,000,000 shares authorized;
391,292,760 shares issued as of December 31, 2010 and 2009;
268,898,978 and 268,630,514 shares outstanding as of
December 31, 2010 and 2009
978
978
Additional paid in capital
1,105
1,093
Retained earnings
4,969
5,676
Accumulated other comprehensive loss
(2,135)
(1,760)
4,917
5,987
Treasury stock, at cost;
122,393,782 shares as of December 31, 2010 and
122,662,246 shares as of December 31, 2009
(5,994)
(6,022)
Total Eastman Kodak Company shareholders’ (deficit) equity
(1,077)
(35)
Noncontrolling interests
2
2
Total (deficit) equity
(1,075)
(33)
TOTAL LIABILITIES AND EQUITY (DEFICIT)
$ 6,239
$ 7,691
The accompanying notes are an integral part of these consolidated financial statements.