Kodak 2014 Annual Report Download - page 63

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NOTE 2: RECEIVABLES, NET
Approximately $31 million and $39 million of the total trade receivable amounts as of December 31, 2014 and 2013, respectively, will potentially be settled through customer
deductions in lieu of cash payments. Such deductions represent rebates owed to customers and are included in Other current liabilities in the accompanying Consolidated
Statement of Financial Position.
NOTE 3: INVENTORIES, NET
NOTE 4: PROPERTY, PLANT AND EQUIPMENT, NET
Depreciation expense was $174 million, $67 million, $91 million and $182 million for the year ended December 31, 2014, four months ended December 31, 2013, eight
months ended August 31, 2013 and the year ended December 31, 2012, respectively, of which approximately $2 million, $0 million, $4 million and $13 million, respectively,
represented accelerated depreciation in connection with restructuring actions.
(in millions)
As of
December 31,
2014
As of
December 31,
2013
Trade receivables
$
361
$
473
Miscellaneous receivables
53
98
Total (net of allowances of $11 and $6 as of December 31, 2014 and December 31, 2013, respectively)
$
414
$
571
(in millions)
As of
December 31,
2014
As of
December 31,
2013
Finished goods
$
204
$
185
Work in process
73
94
Raw materials
72
79
Total
$
349
$
358
(in millions)
As of
December 31,
2014
As of
December 31,
2013
Land
$
100
$
117
Buildings and building improvements
176
178
Machinery and equipment
432
414
Construction in progress
47
42
755
751
Accumulated depreciation
(231
)
(67
)
Property, plant and equipment, net
$
524
$
684
60