1. APPENDIX
Reconciliation of Non-GAAP Financial Measures
to the Most Directly Comparable GAAP Measures
In Kodak’s August 1, 2006 earnings call, the Company’s Chief Executive Officer, Antonio Perez, and
Chief Financial Officer, Bob Brust, referenced certain financial measures that are deemed to be non-GAAP
financial measures, including: (1) Projected Investable Cash Flow, (2) Projected Digital Earnings, (3)
Projected Digital Revenue Growth, (4) Digital Revenue Growth, (5) Traditional Revenue Decline, (6) R&D
Decline Excluding Prior Year In-Process R&D and Acquisition-Related R&D Costs (7) GCG Digital
Revenue Growth, (8) Health Digital Revenue Decline, (9) Consolidated Second Quarter Digital Earnings
from Operations, (10) Health Group Digital Earnings, (11) G CG Digital Earnings, (12) GCG Digital
Operating Margins (13) Traditional Earnings and (14) Second Quarter Investable Cash Flow.
Kodak has prepared the following Appendix in order to provide investors with a reconciliation of these
non-GAAP measures to the most directly comparable GAAP measures in accordance with Regulation G.
The Company believes that these non-GAAP measures represent important internal measures of
performance. Accordingly, where they are provided, it is to give investors the same financial data
management uses with the belief that this information will assist the investment community in properly
assessing the underlying performance of the Company, its financial condition, results of operations and
cash flow on a year-over-year basis.
The following reconciliations are provided with respect to terms used in the presentations of Kodak’s Chief
Executive Officer, Antonio Perez, and Chief Financial Officer, Bob Brust.
Projected Investable Cash Flow:
(amounts in millions)
2006
Plan
Projected investable cash flow, as presented $400-$600
Additions to properties, net proceeds from sales of
businesses/assets, distributions from/(investments
in) unconsolidated affiliates and dividends 400
Net cash provided by continuing operations
(GAAP basis) $800-$1,000
Projected Digital Earnings:
(amounts in millions)
2006
Plan
Projected digital earnings, as presented $350-$450
Traditional earnings, new technologies
earnings, restructuring costs and other discrete items (1,200)-(950)
Total consolidated loss from continuing operations
before interest, other income(charges), net and income
statements (GAAP basis) $(850)-$(500)

2. Projected Digital Revenue Growth:
Previous Revised
Forecast Forecast
Projected digital revenue growth (including New Technologies),
as presented 16%-22% 10%
Traditional revenue decline (22)%-(16)% (22)%
Total Company revenue (decline) growth (GAAP basis) (2)%-4% (3)%
Digital Revenue Growth:
Year over
Q2 2006 Q2 2005 Year Change
Digital revenue growth, as presented $1,829 $1,720 6%
Traditional revenue decline, as presented 1,522 1,950 (22)%
New Technologies revenue decline 9 16 (44)%
Total consolidated net sales decline (GAAP basis) $3,360 $3,686 (9)%
R&D Decline Excluding Prior Year In-Process R&D and Acquisition-Related R&D Costs:
(amounts in millions)
Q2 2006 vs.
Q2 2005
R&D Decline Excluding Prior Year In-Process R&D and
Acquisition-Related R&D Costs, as presented $(32)
Acquisition-Related R&D Costs, as presented 11
Prior Year In-Process R&D, as presented (64)
R&D Expense Decline (GAAP basis) $(85)
GCG Digital Revenue Growth:
Year over Year Change
GCG digital revenue growth, as presented 26%
GCG traditional revenue decline (24)%
Total GCG revenue growth (GAAP basis) 14%
Health Digital Revenue Decline:
Year over Year Change
Health digital revenue decline, as presented (2)%
Health traditional revenue decline (13)%
Total Health revenue decline (GAAP basis) (6)%

3. Consolidated Second Quarter Digital Earnings from Operations:
(amounts in millions)
Q2 2006 Q2 2005
Consolidated second quarter digital earnings (loss) from
operations, as presented $4 $ (25)
Traditional earnings, as presented 131 283
New Technologies loss (52) (56)
Legal settlement (4) -
Restructuring costs and other (246) (339)
Loss from continuing operations before interest, other
income (charges), net and income taxes (GAAP basis) $(167) $(137)
Health Group Digital Earnings:
(amounts in millions)
Q2 2006 Q2 2005
Health group digital earnings, as presented $ 42 $ 53
Health group traditional earnings 36 56
Total Health group earnings from continuing operations before interest,
other income(charges), net and income taxes (GAAP basis) $ 78 $109
GCG Digital Earnings:
(amounts in millions)
Q2 2006 Q2 2005
GCG digital earnings (loss), as presented $ 39 $(26)
GCG traditional loss (17) (16)
Total GCG earnings (loss) from continuing operations before interest,
other income/(charges), net and income taxes (GAAP basis) $22 $(42)
GCG Digital Operating Margins:
Q2 2006
GCG digital operating margins, as presented 5.1%
GCG traditional operating margins (10.5)
Total GCG operating margins (GAAP basis) 2.6%

4. Second Quarter Investable Cash Flow:
(amounts in millions) 2006 2005
Net cash provided by (used in) continuing
operations relating to operating activities: $80 ($207)
Additions to properties (91) (111)
Free Cash Flow (continuing operations) (11) (318)
Net proceeds from sales of businesses/assets 27 21
Investments in unconsolidated affiliates (1) 0
Acquisitions, net of cash acquired 0 (940)
Debt assumed through acquisitions 0 (541)
Dividends 0 0
Operating Cash Flow (continuing operations) 15 (1,778)
Acquisitions, net of cash acquired 0 940
Debt assumed through acquisitions 0 541
Investable Cash Flow (continuing operations) $15 ($297)