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Consolidated Statement of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues $ 267 $ 295 $ 516 $ 573
Cost of revenues        
Total cost of revenues 209 232 409 460
Gross profit (58) (63) (107) (113)
Selling, general and administrative expenses 47 40 92 74
Research and development costs 8 9 17 18
Restructuring costs and other 0 5 5 6
Other operating expense (income), net 1 (1) (16) 0
Earnings from operations before interest expense, pension income excluding service cost component, other expense (income), net and income taxes 2 10 9 15
Interest expense 15 11 30 22
Pension income excluding service cost component (41) (41) (82) (81)
Other expense (income), net 1 3 (1) (4)
Earnings from operations before income taxes 27 37 62 78
Provision for income taxes 1 2 4 10
NET EARNINGS $ 26 $ 35 $ 58 $ 68
Basic net earnings per share attributable to Eastman Kodak Company common shareholders (in dollars per share) $ 0.25 $ 0.35 $ 0.56 $ 0.68
Diluted net earnings per share attributable to Eastman Kodak Company common shareholders (in dollars per share) $ 0.23 $ 0.32 $ 0.52 $ 0.63
Weighted average shares — basic (in shares) 80.1 79.4 79.9 79.3
Diluted (in shares) 92.4 93.0 91.9 92.7
Product [Member]        
Revenues $ 227 $ 242 $ 433 $ 468
Cost of revenues        
Total cost of revenues 181 195 349 388
Service [Member]        
Revenues 40 53 83 105
Cost of revenues        
Total cost of revenues $ 28 $ 37 $ 60 $ 72