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Consolidated Statement of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues $ 261 $ 269 $ 777 $ 842
Cost of revenues        
Total cost of revenues 216 219 625 679
Gross profit 45 50 152 163
Selling, general and administrative expenses 44 40 136 114
Research and development costs 8 7 25 25
Restructuring costs and other 1 1 6 7
Other operating income, net 0 0 (16) 0
(Loss) earnings from operations before interest expense, pension income excluding service cost component, loss on extinguishment of debt, other (income) charges, net and income taxes (8) 2 1 17
Interest expense 14 14 44 36
Pension income excluding service cost component (42) (41) (124) (122)
Loss on extinguishment of debt 0 27 0 27
Other (income) charges, net (1) 2 (2) (2)
Earnings from operations before income taxes 21 0 83 78
Provision (benefit) for income taxes 3 (2) 7 8
NET EARNINGS $ 18 $ 2 $ 76 $ 70
Basic net earnings per share attributable to Eastman Kodak Company common shareholders (in dollars per share) $ 0.16 $ 0 $ 0.73 $ 0.68
Diluted net earnings per share attributable to Eastman Kodak Company common shareholders (in dollars per share) $ 0.15 $ 0 $ 0.67 $ 0.64
Number of common shares used in basic and diluted net earnings per share        
Weighted average shares — basic (in shares) 80.3 79.5 80.0 79.3
Diluted (in shares) 92.7 79.5 92.1 90.5
Product [Member]        
Revenues $ 221 $ 220 $ 654 $ 688
Cost of revenues        
Total cost of revenues 185 183 534 571
Service [Member]        
Revenues 40 49 123 154
Cost of revenues        
Total cost of revenues $ 31 $ 36 $ 91 $ 108