Note 4 - Property, Plant and Equipment, Net and Equipment Subject to Operating Leases, Net

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 4: PROPERTY, PLANT AND EQUIPMENT, NET AND EQUIPMENT SUBJECT TO OPERATING LEASES, NET

	As of December 31,
(in millions)	2015			2014
Land	$	74		$	100
Buildings and building improvements		171			176
Machinery and equipment		483			432
Construction in progress		28			47
		756			755
Accumulated depreciation		(330	)		(231	)
Property, plant and equipment, net	$	426		$	524

Depreciation expense was $120 million, $174 million, $67 million and $87 million for the years ended December 31, 2015 and December 31, 2014, four months ended December 31, 2013, and eight months ended August 31, 2013, respectively, of which approximately $8 million, $2 million, $0 million and $4 million, respectively, represented accelerated depreciation in connection with restructuring actions.

Equipment subject to operating leases and the related accumulated depreciation were as follows:

	As of December 31,
(in millions)	2015			2014
Equipment subject to operating leases, net	$	37		$	25
Accumulated depreciation		(14	)		(10	)
Equipment subject to operating leases, net	$	23		$	15

Minimum future rental revenues on operating leases with original terms of one year or longer are not significant to Kodak.