EASTMAN KODAK CO (KODK) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Print Systems					896.0		1,018.0	1,107.0
Enterprise Inkjet Systems					136.0		166.0	165.0
Eastman Business Park					9.0
Advanced Materials and 3D Printing Technology					4.0		1.0	2.0
Other					275.0		458.0	529.0
Total revenues [+]	1,205.0	1,150.0	1,029.0	1,242.0	1,320.0	1,386.0	1,643.0	1,803.0
Products							1,320.0	1,452.0
Services							323.0	351.0
Revenue growth [+]	4.8%	11.8%	-17.1%	-5.9%	-4.8%	-15.6%	-8.9%	-11.9%
Print Systems							-8.0%	-11.9%
Enterprise Inkjet Systems							0.6%	43.5%
Advanced Materials and 3D Printing Technology							-50.0%
Cost of goods sold [+]	1,035.0	986.0	894.0	1,060.0	1,140.0	0.0	1,240.0	1,422.0
Cost of product sales							1,028.0	1,175.0
Cost of services							212.0	247.0
Gross profit	170.0	164.0	135.0	182.0	180.0	1,386.0	403.0	381.0
Gross margin	14.1%	14.3%	13.1%	14.7%	13.6%	100.0%	24.5%	21.1%
Selling, general and administrative	153.0	177.0	172.0	211.0	224.0	122.0	198.0	226.0
Research and development	34.0	33.0	34.0	42.0	48.0		60.0	61.0
Other operating expenses	-1.0	-6.0	-14.0	15.0	9.0	1,225.0	16.0	-6.0
EBITDA [+]	13.0	-9.0	-20.0	-31.0	-28.0	116.0	234.0	245.0
EBITDA growth	-244.4%	-55.0%	-35.5%	10.7%	-124.1%	-50.4%	-4.5%	-18.9%
EBITDA margin	1.1%	-0.8%	-1.9%	-2.5%	-2.1%	8.4%	14.2%	13.6%
Depreciation	24.0	26.0	32.0	48.0	62.0	60.0	86.0	120.0
EBITA	-11.0	-35.0	-52.0	-79.0	-90.0	56.0	148.0	125.0
EBITA margin	-0.9%	-3.0%	-5.1%	-6.4%	-6.8%	4.0%	9.0%	6.9%
Amortization of intangibles	5.0	5.0	5.0	7.0	11.0	17.0	19.0	25.0
EBIT [+]	-16.0	-40.0	-57.0	-86.0	-101.0	39.0	129.0	100.0
EBIT growth	-60.0%	-29.8%	-33.7%	-14.9%	-359.0%	-69.8%	29.0%	-2.9%
EBIT margin	-1.3%	-3.5%	-5.5%	-6.9%	-7.7%	2.8%	7.9%	5.5%
Non-recurring items [+]	10.0	6.0	17.0	16.0	17.0	94.0	16.0	46.0
Asset impairment						56.0		8.0
Interest expense, net [+]	40.0	33.0	12.0	16.0	9.0	4.0	57.0	62.0
Interest expense	40.0	33.0	12.0	16.0	9.0	8.0	60.0	63.0
Interest income						4.0	3.0	1.0
Other income (expense), net [+]	97.0	107.0	-290.0	58.0	114.0	33.0	-5.0	-27.0
Reorganization items							-6.0	5.0
Gain (loss) on debt retirement			-2.0				-4.0
Other	-1.0	5.0	-386.0	-46.0	-17.0	37.0	-4.0	-21.0
Pre-tax income	31.0	28.0	-376.0	-60.0	-13.0	-26.0	51.0	-35.0
Income taxes	5.0	4.0	168.0	31.0	-4.0	0.0	33.0	32.0
Tax rate	16.1%	14.3%			30.8%	0.0%	64.7%
Minority interest							1.0	5.0
Earnings from continuing ops	26.0	24.0	-1,088.0	-91.0	-9.0		35.0	-72.0
Earnings from discontinued ops			3.0	207.0	-7.0		-2.0	-8.0
Net income	26.0	24.0	-1,085.0	116.0	-16.0	0.0	33.0	-80.0
Net margin	2.2%	2.1%	-105.4%	9.3%	-1.2%	0.0%	2.0%	-4.4%

Basic EPS [+]	$0.33	$0.31	($18.95)	($2.12)	($0.21)	$0.00	$0.83	($1.72)
Growth	7.6%	-101.6%	795.7%	904.1%		-100.0%	-148.3%	12.0%
Diluted EPS [+]	$0.32	$0.30	($18.95)	($2.12)	($0.21)	$0.00	$0.82	($1.72)
Growth	8.2%	-101.6%	795.7%	904.1%		-100.0%	-147.9%	12.0%

Dividends per share [+]	$0.05	$0.09	$0.38	$0.07	$0.19	$0.24
Growth	-43.2%	-76.7%	449.4%	-62.8%	-20.4%

Shares outstanding (basic) [+]	78.9	78.4	57.4	43.0	42.7	42.5	42.2	41.9
Growth	0.6%	36.6%	33.5%	0.7%	0.5%	0.7%	0.7%	0.5%
Shares outstanding (diluted) [+]	80.6	80.5	57.4	43.0	42.7	42.7	42.5	41.9
Growth	0.1%	40.2%	33.5%	0.7%	0.0%	0.5%	1.4%	0.5%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.