Note 10 - Income Taxes (Tables)

9 Months Ended

Sep. 30, 2016

Table [Text Block]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Kodak’s income tax provision (benefit) and effective tax rate were as follows:

	Three Months Ended						Nine Months Ended
(in millions)	September 30,						September 30,
	2016			2015			2016			2015
Earnings (loss) from continuing operations before income taxes	$	26		$	8		$	50		$	(31	)
Effective tax rate		15.4	%		175.0	%		32.0	%		(87.1	)%
Provision for income taxes		4			14			16			27
Provision (benefit) for income taxes @ 35%		9			3			18			(11	)
Difference between tax at effective vs. statutory rate	$	(5	)	$	11		$	(2	)	$	38