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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:            
Net (loss) earnings $ 19 $ (46) $ (2) $ (35)    
Adjustments to reconcile to net cash used in operating activities:            
Depreciation and amortization     58 62    
Pension income     (81) (91)    
Change in fair value of embedded conversion features derivative liability [1] (5) (6) 2 (42)    
Non-cash restructuring costs and asset impairments       87    
Prosper asset remeasurement [2]       12    
Net gain on sales of assets/businesses (5)   (7) (2)    
Stock based compensation     5 7    
Non-cash changes in workers' compensation and legal reserves     (10)      
Provision (benefit) for deferred income taxes     6 (18)    
Decrease in trade receivables     28 28    
Increase in inventories     (42) (42)    
Decrease in trade payables     (25) (17)    
Decrease in liabilities excluding borrowings and trade payables     (20) (20)    
Other items, net     9 (6)    
Total adjustments     (77) (42)    
Net cash used in operating activities     (79) (77)    
Cash flows from investing activities:            
Additions to properties     (24) (28)    
Proceeds from sales of assets/businesses, net     8 2    
Proceeds from sales of marketable securities       1    
Net cash used in investing activities     (16) (25)    
Cash flows from financing activities:            
Repayment of emergence credit facilities       (1)    
Repayment of capital leases     (2) (3)    
Preferred stock dividend payments     (8) (7)    
Payment of contingent consideration related to the sale of a business       (7)    
Treasury stock purchases       (1)    
Net cash used in financing activities     (10) (19)    
Effect of exchange rate changes on cash     (7) 9    
Effect of exchange rate changes on restricted cash     (1)      
Net decrease in cash, cash equivalents and restricted cash     (113) (112) $ (109) $ (122)
Cash, cash equivalents and restricted cash, beginning of period     369 478 478  
Cash, cash equivalents and restricted cash, end of period $ 256 $ 366 $ 256 $ 366 $ 369 $ 478
[1] Refer to Note 21, “Financial Instruments”.
[2] In the first quarter of 2017, Kodak reduced the carrying value of Prosper fixed assets ($8 million) and intangible assets ($4 million) to the amount that would have been recorded if the Prosper assets, which were previously presented as held for sale, had been continuously classified as held and used.