Kodak 2015 Annual Report Download - page 49

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The following is a reconciliation of the beginning and ending balances of level 3 assets of Kodak’s major U.S. defined benefit pension plans:
(in millions)
U.S.
Balance at
January 1, 2015
Net Realized and
Unrealized
Gains/(Losses)
Net Purchases
and Sales
Net Transfer
Into/(Out of)
Level 3
Balance at
December 31, 2015
Real Estate $ 41 $ 6 $ (13) $ — $ 34
Private Equity 28 1 (5) — 24
Total $ 69 $ 7 $ (18) $ — $ 58
U.S.
Balance at
January 1, 2014
Net Realized and
Unrealized
Gains/(Losses)
Net Purchases
and Sales
Net Transfer
Into/(Out of)
Level 3
Balance at
December 31, 2014
Real Estate $ 47 $ — $ (6) $ — $ 41
Private Equity 54 (12) (14) — 28
Total $ 101 $ (12) $ (20) $ — $ 69
Kodak expects to contribute $4 million in 2016 for the major Non-U.S. defined benefit pension plans and does not expect to make a contribution to KRIP in 2016.
The following pension benefit payments, which reflect expected future service, are expected to be paid:
(in millions) U.S. Non-U.S.
2016 $ 357 $ 47
2017 341 47
2018 331 46
2019 321 46
2020 311 45
2021-2025 1,401 214
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