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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 293 $ 214
Trade receivables, net 792 936
Miscellaneous receivables 246 264
Inventories 1,479 1,509
Other current assets 68 250
Total current assets 2,878 3,173
Properties    
Properties and equipment at cost 11,234 11,026
Less: Accumulated depreciation 6,104 5,939
Net properties 5,130 5,087
Goodwill 4,518 4,486
Intangible assets, net of accumulated amortization 2,650 2,905
Other noncurrent assets 435 421
Total assets [1] 15,611 16,072
Current liabilities    
Payables and other current liabilities 1,625 1,721
Borrowings due within one year 431 301
Total current liabilities 2,056 2,022
Long-term borrowings 6,608 7,248
Deferred income tax liabilities 928 946
Post-employment obligations 1,297 1,498
Other long-term liabilities 701 768
Total liabilities 11,590 12,482
Stockholders' equity    
Common stock ($0.01 par value per share – 350,000,000 shares authorized; shares issued – 216,899,964 and 216,256,971 for 2015 and 2014, respectively) 2 2
Additional paid-in capital 1,863 1,817
Retained earnings 5,146 4,545
Accumulated other comprehensive loss (390) (277)
Total stockholders' equity before treasury stock 6,621 6,087
Less: Treasury stock at cost (69,137,973 shares for 2015 and 67,660,313 shares for 2014) 2,680 2,577
Total Eastman stockholders' equity 3,941 3,510
Noncontrolling interest 80 80
Total equity 4,021 3,590
Total liabilities and stockholders' equity $ 15,611 $ 16,072
[1] The chief operating decision maker holds segment management accountable for accounts receivable, inventory, fixed assets, goodwill, and intangible assets.