Kodak 2011 Annual Report Download - page 120

SUMMARY OF OPERATING DATA
Eastman Kodak Company
(footnotes for previous page)
(8) Includes revenues from non-recurring intellectual property licensing agreements of $82 million in 2011, $838 million in 2010, $435 million in
2009, $227 million in 2008, and $236 million in 2007.
*
Historical results are not indicative of future results due to the chapter 11 filing.
(1) Includes pre-tax goodwill impairment charges of $13 million; pre-tax restructuring charges of $133 million; $80 million of income
related to gains on assets sales; Corporate pension costs of $28 million, and $3 million of income related to reversals of value-added tax
reserves. These items increased net loss from continuing operations by $36 million.
(2) Includes a pre-tax goodwill impairment charge of $626 million; pre-tax restructuring charges of $78 million; a $102 million loss on early
extinguishment of debt; $7 million of income related to gains on assets sales; $19 million of income related to legal contingencies and
settlements; $6 million of charges related to foreign contingencies; and a net benefit of $109 million related to other discrete tax
items. These items increased net loss from continuing operations by $698 million.
(3)
Includes pre-
tax restructuring and rationalization charges of $258 million; a $5 million charge related to a legal settlement; $94 million of income
related to gains on asset sales; $7 million of income related to the reversal of negative goodwill; $10 million of income related to reversals of value-
added tax reserves; and a $6 million asset impairment charge. These items increased net loss from continuing operations by $138 million.
(4) Includes a pre-tax goodwill impairment charge of $785 million; pre-tax restructuring and rationalization charges of $149 million, net of reversals; $21
million of income related to gains on sales of assets and businesses; $3 million of charges related to asset impairments; $41 million of charges for legal
contingencies and settlements; $10 million of charges for support of an educational institution; $94 million of income related to postemployment
benefit plans; $3 million of income for a foreign export contingency; $270 million of income related to an IRS refund; and charges of $27 million
related to other discrete tax items. These items increased net loss from continuing operations by $610 million.
(5) Includes pre-tax restructuring charges of $662 million, net of reversals; $157 million of income related to property and asset sales; $57 million of
charges related to asset impairments; $6 million of charges for the establishment of a loan reserve; $9 million of charges for a foreign export
contingency; and tax adjustments of $14 million. These items increased net loss from continuing operations by $464 million.
(6)
Refer to Note 23,
“
Discontinued Operations
”
in the Notes to Financial Statements for a discussion regarding the earnings from discontinued operations.
(7)
Amounts for 2007 have not been adjusted to remove wages, salaries and employee benefits associated with the Health Group.
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