Kodak 2011 Annual Report Download - page 57

Eastman Kodak Company
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
The accompanying notes are an integral part of these consolidated financial statements.
(in millions, except share and per share data) As of December 31,
2011
2010
ASSETS
CURRENT ASSETS
Cash and cash equivalents
$
861
$
1,624
Receivables, net
1,103
1,196
Inventories, net
607
746
Deferred income taxes
58
120
Other current assets
74
100
Total current assets
2,703
3,786
Property, plant and equipment, net
895
1,037
Goodwill
277
294
Other long-term assets
803
1,109
TOTAL ASSETS
$
4,678
$
6,226
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable, trade
$
706
$
959
Short
-
term borrowings and current portion of long
-
term debt
152
50
Accrued income taxes
40
343
Other current liabilities
1,252
1,468
Total current liabilities
2,150
2,820
Long
-
term debt, net of current portion
1,363
1,195
Pension and other postretirement liabilities
3,053
2,661
Other long-term liabilities
462
625
Total liabilities
7,028
7,301
Commitments and Contingencies (Note 11)
EQUITY (DEFICIT)
Common stock, $2.50 par value, 950,000,000 shares authorized; 391,292,760 shares issued as of December 31, 2011
and 2010; 271,379,883 and 268,898,978 shares outstanding as of December 31, 2011 and 2010
978
978
Additional paid in capital
1,108
1,105
Retained earnings
4,071
4,969
Accumulated other comprehensive loss
(2,666
)
(2,135
)
3,491
4,917
Treasury stock, at cost; 119,912,877 shares as of December 31, 2011 and 122,393,782 shares as of
December 31, 2010
(5,843
)
(5,994
)
Total Eastman Kodak Company shareholders
’
(
deficit) equity
(2,352
)
(1,077
)
Noncontrolling interests
2
2
Total (deficit) equity
(2,350
)
(1,075
)
TOTAL LIABILITIES AND EQUITY (DEFICIT)
$
4,678
$
6,226
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