Monday, November 23
	page 1 of 1       (Dollar amounts and shares in millions, except per share data) 2001 (1)   2000 (2)   Stock price per share at year end $ 29.43   $ 39.38 Sales $ 13,234   $ 13,994 Earnings from operations $ 345   $ 2,214 Net earnings $ 76   $ 1,407 Basic earnings per share $ .26   $ 4.62 Diluted earnings per share $ .26   $ 4.59 Cash dividends paid $ 643   $ 545    —per common share $ 2.21   $ 1.76 Average number of common shares outstanding   290.6     304.9 Shareholders at year end   91,893     113,308 Total shareholders' equity $ 2,894   $ 3,428 Additions to properties $ 743   $ 945 Depreciation $ 765   $ 738 Wages, salaries and employee benefits $ 3,824   $ 3,726 Employees at year end              —in the U.S.   42,000     43,200    —worldwide   75,100     78,400 (1) Results for the year included $678 million of restructuring charges; a $42 million charge related to asset impairments associated with certain of the Company’s photofinishing operations; a $15 million charge for asset impairments related to venture investments; a $41 million charge for environmental reserves; a $77 million charge for the Wolf bankruptcy; a $20 million charge for the Kmart bankruptcy; $18 million of relocation charges related to the sale and exit of a manufacturing facility in 2000 (see note 2 below); an $11 million tax benefit related to a favorable tax settlement; and a $20 million tax benefit representing a decline in the year-over-year effective tax rate. The after-tax impact of these items was $594 million. Excluding these items, net earnings were $670 million. Basic and diluted earnings per share were $2.30. (2) Results for the year included accelerated depreciation and relocation charges related to the sale and exit of a manufacturing facility of $50 million. The after-tax impact of this item was $33 million. Excluding this item, net earnings were $1,440 million. Basic and diluted earnings per share were $4.73 and $4.70, respectively.   top   page 1 of 1		2001 Annual Report Introduction   Infoimaging Financial Highlights Letter to Shareholders   Financial Information Management's Discussion and Analysis Detailed Results of Operations Management's Responsibility Report of Independent Accountants Consolidated Statement of Earnings Consolidated Statement of Financial Position Consolidated Statement of Shareholders Equity Consolidated Statement of Cash Flows Notes to Financial Statements Summary of Operating Data   Corporate Information 2001 Kodak Health, Safety, and Environment 2001 Global Diversity Corporate Directory Corporate Information   Proxy Statement   PDF of Print Edition