Leading positions in U.S. and global markets for traditional photography products and services. Solid positions in the health imaging and commercial imaging markets. Good geographic diversity with more than 50% of revenue generated outside of the U.S. Moderate financial profile and commitment to significant debt reduction. Mature and highly competitive nature of Kodak's conventional photography businesses. Risks associated with the ongoing transition from analog to digital technologies in its nonconsumer businesses. Modest but steady migration of its core consumer imaging business to digital. The ratings on Eastman Kodak Co. reflect the company's leading position in the U.S. and global markets for its traditional photography products and services, its good geographic diversity, its moderate financial profile, and its commitment to significant
