| FINANCIALS: DETAILED RESULTS OF OPERATIONS |
PAGE 1 OF 26 |
 |
 |
| Net Sales from Continuing Operations by Reportable Segment and All Other (in millions) |
|
2003 |
Change |
|
2002 |
Change |
|
2001 |
 |
| Photography |
 |
Inside the U.S. |
$ |
3,812 |
-6% |
$ |
4,034 |
-10% |
$ |
4,482 |
 |
Outside the U.S. |
|
5,420 |
+9 |
|
4,968 |
+1 |
|
4,921 |
 |
| Total Photography |
|
9,232 |
+3 |
|
9,002 |
-4 |
|
9,403 |
 |
| Health Imaging |
 |
Inside the U.S. |
|
1,061 |
-2 |
|
1,088 |
0 |
|
1,089 |
 |
Outside the U.S. |
|
1,370 |
+16 |
|
1,186 |
+1 |
|
1,173 |
 |
| Total Health Imaging |
|
2,431 |
+7 |
|
2,274 |
+1 |
|
2,262 |
 |
| Commercial Imaging |
 |
Inside the U.S. |
|
912 |
+11 |
|
818 |
0 |
|
820 |
 |
Outside the U.S.
| |
647 |
+1 |
|
638 |
+1 |
|
634 |
 |
| Total Commercial Imaging |
|
1,559 |
+7 |
|
1,456 |
0 |
|
1,454 |
 |
| All Other |
 |
Inside the U.S. |
|
44 |
-17 |
|
53 |
-22 |
|
68 |
 |
Outside the U.S. |
|
51 |
+2 |
|
50 |
+19 |
|
42 |
 |
| Total All Other |
|
95 |
-8 |
|
103 |
-6 |
|
110 |
 |
| Total Net Sales |
$ |
13,317 |
+4% |
$ |
12,835 |
-3% |
$ |
13,229 |
 |
| Earnings (Loss) from Continuing Operations Before Interest, Other Charges, Net, and Income Taxes by Reportable Segment and All Other (in millions) |
|
2003 |
Change |
|
2002 |
Change |
|
2001 |
 |
Photography |
$ |
418 |
- 46% |
$ |
771 |
-2% |
$ |
787 |
 |
Health Imaging |
|
481 |
+12 |
|
431 |
+33 |
|
323 |
 |
Commercial Imaging |
|
166 |
-14 |
|
192 |
+12 |
|
172 |
 |
All Other |
|
(78) |
-179 |
|
(28) |
+53 |
|
(60) |
 |
 |
 |
Total of segments |
|
987 |
-28 |
|
1,366 |
+12 |
|
1,222 |
 |
| Strategic asset impairments |
|
(3) |
|
|
(32) |
|
|
(12) |
| Impairment of Burrell Companies’ net assets held for sale |
|
(9) |
|
|
|
|
|
|
| Restructuring costs and other |
|
(557) |
|
|
(114) |
|
|
(720) |
| Donation to technology enterprise |
|
(8) |
|
|
|
|
|
|
| GE settlement |
|
(12) |
|
|
|
|
|
|
| Patent infringement claim settlement |
|
(14) |
|
|
|
|
|
|
| Prior year acquisition settlement |
|
(14) |
|
|
|
|
|
|
| Legal settlements |
|
(8) |
|
|
|
|
|
|
| Environmental reserve reversal |
|
9 |
|
|
|
|
|
|
| Wolf charge |
|
|
|
|
|
|
|
(77) |
| Environmental reserve |
|
|
|
|
|
|
|
(41) |
| Kmart charge |
|
|
|
|
|
|
|
(20) |
 |
 |
 |
Consolidated total |
$ |
371 |
- 70% |
$ |
1,220 |
+247% |
$ |
352 |
 |
| Net Earnings (Loss) from Continuing Operations by Reportable Segment and All Other (in millions) |
|
2003 |
Change |
|
2002 |
Change |
|
2001 |
 |
 |
Photography |
$ |
347 |
-37% |
$ |
550 |
+3% |
$ |
535 |
 |
Health Imaging |
|
382 |
+22 |
|
313 |
+42 |
|
221 |
 |
Commercial Imaging |
|
99 |
+19 |
|
83 |
-1 |
|
84 |
 |
All Other |
|
(73) |
-217 |
|
(23) |
+39 |
|
(38) |
 |
 |
 |
Total of segments |
|
755 |
-18 |
|
923 |
+15 |
|
802 |
 |
| Strategic asset and venture investment impairments |
|
(7) |
|
|
(50) |
|
|
(15) |
| Impairment of Burrell Companies’ net assets held for sale |
|
(9) |
|
|
|
|
|
|
| Restructuring costs and other |
|
(557) |
|
|
(114) |
|
|
(720) |
| Donation to technology enterprise |
|
(8) |
|
|
|
|
|
|
| GE settlement |
|
(12) |
|
|
|
|
|
|
| Patent infringement claim settlement |
|
(14) |
|
|
|
|
|
|
| Prior year acquisition settlement |
|
(14) |
|
|
|
|
|
|
| Legal settlements |
|
(8) |
|
|
|
|
|
|
| Environmental reserve reversal |
|
9 |
|
|
|
|
|
|
| Wolf charge |
|
|
|
|
|
|
|
(77) |
| Environmental reserve |
|
|
|
|
|
|
|
(41) |
| Kmart charge |
|
|
|
|
|
|
|
(20) |
| Interest expense |
|
(148) |
|
|
(173) |
|
|
(219) |
| Other corporate items |
|
11 |
|
|
14 |
|
|
8 |
| Tax benefit - contribution of patents |
|
13 |
|
|
|
|
|
|
| Tax benefit - PictureVision subsidiary closure |
|
|
|
|
45 |
|
|
|
| Tax benefit - Kodak Imagex Japan |
|
|
|
|
46 |
|
|
|
| Income tax effects on above items and taxes not allocated to segments |
|
227 |
|
|
102 |
|
|
363 |
 |
 |
 |
Consolidated total |
$ |
238 |
- 70% |
$ |
793 |
+879% |
$ |
81 |
 |
|
|
 |
|