STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2015

Stockholders' Equity Note [Abstract]

Schedule of Reconciliation of the Changes in Stockholders' Equity

A reconciliation of the changes in stockholders' equity for 2015, 2014, and 2013 is provided below:



(Dollars in millions)	Common Stock at Par Value $	Paid-in Capital $		Retained Earnings $		Accumulated Other Comprehensive Income (Loss) $		Treasury Stock at Cost $		Total Stockholders' Equity Attributed to Eastman $		Noncontrolling Interest $		Total Stockholders' Equity $
Balance at December 31, 2012	2	1,709		3,038		123		(1,929	)	2,943		85		3,028
Net Earnings	—	—		1,165		—		—		1,165		7		1,172
Cash Dividends ⁽¹⁾	—	—		(191	)	—		—		(191	)	—		(191	)
Other Comprehensive Income	—	—		—		48		—		48		—		48
Share-Based Compensation Expense ⁽²⁾	—	39		—		—		—		39		—		39
Stock Option Exercises	—	12		—		—		—		12		—		12
Shares Issued for Business Combination	—	16		—		—		—		16		—		16
Other⁽³⁾	—	2		—		—		—		2		—		2
Share Repurchase	—	—		—		—		(238	)	(238	)	—		(238	)
Distributions to noncontrolling interest	—	—		—		—		—		—		(13	)	(13	)
Balance at December 31, 2013	2	1,778		4,012		171		(2,167	)	3,796		79		3,875
Net Earnings	—	—		751		—		—		751		6		757
Cash Dividends ⁽¹⁾	—	—		(218	)	—		—		(218	)	—		(218	)
Other Comprehensive Loss	—	—		—		(448	)	—		(448	)	—		(448	)
Share-Based Compensation Expense ⁽²⁾	—	28		—		—		—		28		—		28
Stock Option Exercises	—	13		—		—		—		13		—		13
Other ⁽³⁾	—	(2	)	—		—		—		(2	)	(1	)	(3	)
Share Repurchase	—	—		—		—		(410	)	(410	)	—		(410	)
Distributions to noncontrolling interest	—	—		—		—		—		—		(4	)	(4	)
Balance at December 31, 2014	2	1,817		4,545		(277	)	(2,577	)	3,510		80		3,590
Net Earnings	—	—		848		—		—		848		6		854
Cash Dividends ⁽¹⁾	—	—		(247	)	—		—		(247	)	—		(247	)
Other Comprehensive Loss	—	—		—		(113	)	—		(113	)	—		(113	)
Share-Based Compensation Expense ⁽²⁾	—	37		—		—		—		37		—		37
Stock Option Exercises	—	8		—		—		—		8		—		8
Other ⁽³⁾	—	1		—		—		—		1		—		1
Share Repurchase	—	—		—		—		(103	)	(103	)	—		(103	)
Distributions to noncontrolling interest	—	—		—		—		—		—		(6	)	(6	)
Balance at December 31, 2015	2	1,863		5,146		(390	)	(2,680	)	3,941		80		4,021


⁽¹⁾	Includes cash dividends paid and dividends declared, but unpaid.


⁽²⁾	Includes the fair value of equity share-based awards recognized for share-based compensation.


⁽³⁾	Paid in capital includes tax benefits/charges relating to the difference between the amounts deductible for federal income taxes over the amounts charged to income for book value purposes have been adjusted to paid-in capital and other items. Equity attributable to noncontrolling interest includes adjustments for currency revaluation.

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]



	For years ended December 31,
(In millions, except per share amounts)	2015		2014		2013
Numerator
Earnings attributable to Eastman stockholders:
Earnings from continuing operations, net of tax	$	848	$	749	$	1,165

Denominator
Weighted average shares used for basic EPS	148.6		149.5		154.0
Dilutive effect of stock options and other award plans	1.2		1.6		2.5
Weighted average shares used for diluted EPS	149.8		151.1		156.5

EPS from continuing operations⁽¹⁾
Basic	$	5.71	$	5.01	$	7.57
Diluted	$	5.66	$	4.95	$	7.44

Schedule of Shares of Common Stock Issued



	For years ended December 31,
Shares of common stock issued ⁽¹⁾	2015	2014	2013

Balance at beginning of year	216,256,971	215,131,237	213,406,523
Issued for employee compensation and benefit plans	642,993	1,125,734	1,455,030
Issued for Solutia acquisition and related warrants	—	—	269,684
Balance at end of year	216,899,964	216,256,971	215,131,237

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss), Net of Tax



(Dollars in millions)	Cumulative Translation Adjustment $		Benefit Plans Unrecognized Prior Service Credits $		Unrealized Gains (Losses) on Cash Flow Hedges $		Unrealized Losses on Investments $		Accumulated Other Comprehensive Income (Loss) $
Balance at December 31, 2013	133		78		(39	)	(1	)	171
Period change	(201	)	(17	)	(230	)	—		(448	)
Balance at December 31, 2014	(68	)	61		(269	)	(1	)	(277	)
Period change	(216	)	68		35		—		(113	)
Balance at December 31, 2015	(284	)	129		(234	)	(1	)	(390	)

Schedule of Components of Comprehensive Income (Loss) Before Tax and Net of Tax Effects

Components of other comprehensive income recorded in the Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings are presented below, before tax and net of tax effects:



	For years ended December 31,
	2015						2014						2013
(Dollars in millions)	Before Tax			Net of Tax			Before Tax			Net of Tax			Before Tax			Net of Tax
Other comprehensive income (loss)
Change in cumulative translation adjustment	$	(216	)	$	(216	)	$	(201	)	$	(201	)	$	27		$	28
Defined benefit pension and other postretirement benefit plans:
Prior service credit arising during the period	140			87			—			—			47			29
Amortization of unrecognized prior service credits included in net periodic costs	(30		)	(19		)	(28		)	(17		)	(26		)	(16		)
Change in defined benefit pension and other postretirement benefit plans	110			68			(28		)	(17		)	21			13
Derivatives and hedging:
Unrealized (loss) gain	(78		)	(48		)	(371		)	(230		)	10			6
Reclassification adjustment for loss (gain) included in net income	134			83			—			—			2			1
Change in derivatives and hedging	56			35			(371		)	(230		)	12			7
Total other comprehensive income (loss)	$	(50	)	$	(113	)	$	(600	)	$	(448	)	$	60		$	48

For additional information regarding the impact of reclassifications into earnings, refer to Note 10, "Derivatives" and Note 11, "Retirement Plans".