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Table of Contents
Schedule II
Eastman Kodak Company
Valuation and Qualifying Accounts
PAGE 135
Balance at
Charges to
Amounts
Balance at
Beginning
Earnings
Written
End of
(in millions)
Of Period
and Equity
Off
Period
Four Months ended December 31, 2013 (Successor)
Deducted in the Statement of Financial Position:
From Current Receivables:
Reserve for doubtful accounts
$
—
$
6
$
—
$
6
Reserve for loss on returns and allowances
3
2
2
3
Total
$
3
$
8
$
2
$
9
In connection with the application of fresh start accounting on September 1, 2013, the carrying value of trade receivables was
adjusted to fair value, eliminating the reserve for doubtful accounts.
From Deferred Tax Assets:
Valuation allowance
$
1,273
$
157
$
477
$
953
Eight Months ended August 31, 2013 (Predecessor)
Deducted in the Statement of Financial Position:
From Current Receivables:
Reserve for doubtful accounts
$
30
$
—
$
8
$
22
Reserve for loss on returns and allowances
5
3
5
3
Total
$
35
$
3
$
13
$
25
From Deferred Tax Assets:
Valuation allowance
$
2,838
$
180
$
1,745
$
1,273
Year ended December 31, 2012 (Predecessor)
Deducted in the Statement of Financial Position:
From Current Receivables:
Reserve for doubtful accounts
$
27
$
12
$
9
$
30
Reserve for loss on returns and allowances
11
10
16
5
Total
$
38
$
22
$
25
$
35
From Deferred Tax Assets:
Valuation allowance
$
2,560
$
807
$
529
$
2,838
Year ended December 31, 2011 (Predecessor)
Deducted in the Statement of Financial Position:
From Current Receivables:
Reserve for doubtful accounts
$
44
$
7
$
24
$
27
Reserve for loss on returns and allowances
12
21
22
11
Total
$
56
$
28
$
46
$
38
From Deferred Tax Assets:
Valuation allowance
$
2,335
$
505
$
280
$
2,560