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Note 11 - Other Charges (Income), Net (Tables)
6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
Schedule of Other Charges (Income), Net

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(in millions)

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Interest income

 

$

(1

)

 

$

(3

)

 

$

(3

)

 

$

(7

)

Loss on foreign exchange transactions

 

 

4

 

 

 

3

 

 

 

6

 

 

 

6

 

Asset impairment (1)

 

 

17

 

 

 

 

 

 

17

 

 

 

 

Other

 

 

 

 

 

1

 

 

 

 

 

 

 

Total

 

$

20

 

 

$

1

 

 

$

20

 

 

$

(1

)

 

(1)
During the second quarter of 2025, Kodak recorded an impairment charge of $17 million related to its investment in Wildcat Discovery Technologies, Inc. (“Wildcat”) due to the strategic options and alternatives being contemplated by Wildcat as a result of the current economic environment. The fair value of Kodak’s investment in Wildcat was estimated using a probability weighted assessment of the various options being considered under a combination of market and income approaches (Level 3). The carrying value of Kodak’s investment in Wildcat as of June 30, 2025 approximated $8 million.