v3.26.1
Note 14 - Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation

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

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(dollars in millions)

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Earnings (loss) from operations before income taxes

 

$

21

 

 

$

(24

)

 

$

8

 

 

$

(29

)

Effective tax rate

 

 

19.0

%

 

 

(8.3

)%

 

 

87.5

%

 

 

(13.8

)%

Provision for income taxes

 

 

4

 

 

 

2

 

 

 

7

 

 

 

4

 

Provision (benefit) for income taxes at U.S. statutory tax rate

 

 

4

 

 

 

(5

)

 

 

2

 

 

 

(6

)

Difference between tax at effective vs. statutory rate

 

$

 

 

$

7

 

 

$

5

 

 

$

10