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Table of Contents
PAGE 70
(in millions)
Predecessor
Company (a)
Reorganization
Adjustments
Fresh Start
Adjustments
Successor
Company
ASSETS
Current Assets
Cash and cash equivalents
$
1,070
$
(172
)(1)
$
—
$
898
Restricted cash
24
98
(2)
—
122
Receivables, net
492
—
—
492
Inventories, net
435
—
67
(21)
502
Assets held for sale
109
—
8
(22)
117
Other current assets
77
8
(3)
(42
)(23)
42
(1
)(4)
Total current assets
2,207
(67
)
33
2,173
Property, plant & equipment, net
507
—
220
(24)
727
Goodwill
56
—
32
(25)
88
Intangible assets, net
43
—
192
(26)
235
Deferred income taxes
22
(21
)(3)
55
(23)
56
Other long
term assets
202
15
(5)
(26
)(27)
184
8
(6)
(8
)(28)
(8
)(7)
1
(29)
TOTAL ASSETS
$
3,037
$
(73
)
$
499
$
3,463
LIABILITIES AND EQUITY (DEFICIT)
Current Liabilities
Accounts payable, trade
$
317
$
6
(8)
$
—
$
339
3
(9)
13
(10)
Short
-
term borrowings and current portion of long
-
term debt
681
(641
)(11)
—
44
4
(12)
Other current liabilities
600
(17
)(13)
(8
)(30)
586
(13
)(3)
(14
)(29)
38
(14)
Liabilities held for sale
45
—
(
3
)(22)
42
Total current liabilities
1,643
(607
)
(25
)
1,011
Long
-
term debt, net of current portion
370
(370
)(15)
11
(31)
676
665
(16)
Pension and other postretirement liabilities
411
156
(17)
178
(29)
745
Other long
term liabilities
318
61
(17)
82
(23)
408
(53
)(32)
Liabilities subject to compromise
2,475
(2,475
)(17)
—
—
Total liabilities
5,217
(2,570
)
193
2,840
Equity (Deficit)
Common stock (Successor)
—
—
(
18)
—
—
Additional paid in capital (Successor)
—
540
(18)
73
(33)
613
Common stock (Predecessor)
978
(978
)(19)
—
—
Additional paid in capital (Predecessor)
1,105
(1,105
)(19)
—
—
Retained earnings (deficit)
2,446
(1,671
)(20)
(775
)(34)
—
Accumulated other comprehensive loss
(1,008
)
—
1,008
(34)
—
3,521
(3,214
)
306
613
Less: Treasury stock (Predecessor)
(5,711
)
5,711
(19)
—
—
Total Eastman Kodak Company shareholders
’
(
deficit) equity
(2,190
)
2,497
306
613
Noncontrolling interests
10
—
—
10
Total equity (deficit)
(2,180
)
2,497
306
623
TOTAL LIABILITIES AND EQUITY (DEFICIT)
$
3,037
$
(73
)
$
499
$
3,463