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SEGMENT INFORMATION | 9 Months Ended
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Sep. 30, 2015
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION The Company's products and operations are currently managed and reported in five operating segments: Additives & Functional Products ("AFP"), Adhesives & Plasticizers ("A&P"), Advanced Materials ("AM"), Fibers, and Specialty Fluids & Intermediates ("SFI"). For additional financial and product information concerning each segment, see Note 20, "Segment Information", to the consolidated financial statements in Part II, Item 8 of the Company's 2014 Annual Report on Form 10-K. Third quarter and first nine months 2015 included sales revenue from the acquired Taminco businesses reported in the AFP and SFI segments, and sales revenue from the acquired Commonwealth business reported in the AM segment.
| Third Quarter
(Dollars in millions) | 2015 |  | 2014
Sales |  |  |
Additives & Functional Products | $ | 602 |  |  | $ | 458 |
Adhesives & Plasticizers | 305 |  |  | 347 |
Advanced Materials | 624 |  |  | 604 |
Fibers | 320 |  |  | 346 |
Specialty Fluids & Intermediates | 584 |  |  | 650 |
Total Sales by Segment | 2,435 |  |  | 2,405 |
Other | 12 |  |  | 8 |
Total Sales | $ | 2,447 |  |  | $ | 2,413 |
| First Nine Months
(Dollars in millions) | 2015 |  | 2014
Sales |  |  |
Additives & Functional Products | $ | 1,827 |  |  | $ | 1,333 |
Adhesives & Plasticizers | 942 |  |  | 1,050 |
Advanced Materials | 1,832 |  |  | 1,816 |
Fibers | 903 |  |  | 1,086 |
Specialty Fluids & Intermediates | 1,883 |  |  | 1,884 |
Total Sales by Segment | 7,387 |  |  | 7,169 |
Other | 36 |  |  | 9 |
Total Sales | $ | 7,423 |  |  | $ | 7,178 |
| Third Quarter
(Dollars in millions) | 2015 |  | 2014
Operating Earnings (Loss) |  |  |
Additives & Functional Products | $ | 126 |  |  | $ | 37 |
Adhesives & Plasticizers | 74 |  |  | 52 |
Advanced Materials | 98 |  |  | 76 |
Fibers | 102 |  |  | 112 |
Specialty Fluids & Intermediates | 48 |  |  | 90 |
Total Operating Earnings by Segment | 448 |  |  | 367 |
Other |  |  |  |  |
Growth initiatives and businesses not allocated to segments | (18 | ) |  | (18 | )
Pension and other postretirement benefit income (expense), net not allocated to operating segments | 11 |  |  | 3 |
Acquisition integration, transaction, and restructuring costs | (9 | ) |  | (14 | )
Total Operating Earnings | $ | 432 |  |  | $ | 338 |
| First Nine Months
(Dollars in millions) | 2015 |  | 2014
Operating Earnings (Loss) |  |  |
Additives & Functional Products | $ | 365 |  |  | $ | 236 |
Adhesives & Plasticizers | 190 |  |  | 155 |
Advanced Materials | 301 |  |  | 217 |
Fibers | 188 |  |  | 352 |
Specialty Fluids & Intermediates | 233 |  |  | 248 |
Total Operating Earnings by Segment | 1,277 |  |  | 1,208 |
Other |  |  |
Growth initiatives and businesses not allocated to segments | (66 | ) |  | (46 | )
Pension and other postretirement benefit income (expense), net not allocated to operating segments | 28 |  |  | 9 |
Acquisition integration, transaction, and restructuring costs | (27 | ) |  | (36 | )
Total Operating Earnings | $ | 1,212 |  |  | $ | 1,135 |
| September 30, |  | December 31,
(Dollars in millions) | 2015 |  | 2014
Assets by Segment (1) |  |  |
Additives & Functional Products | $ | 4,813 |  |  | $ | 4,900 |
Adhesives & Plasticizers | 960 |  |  | 1,011 |
Advanced Materials | 4,249 |  |  | 4,235 |
Fibers | 997 |  |  | 986 |
Specialty Fluids & Intermediates | 3,603 |  |  | 3,710 |
Total Assets by Segment | 14,622 |  |  | 14,842 |
Corporate Assets | 1,258 |  |  | 1,230 |
Total Assets | $ | 15,880 |  |  | $ | 16,072 |
(1) | The chief operating decision maker holds segment management accountable for accounts receivable, inventory, fixed assets, goodwill, and intangible assets.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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