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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment Information Disclosure
 
First Quarter
(Dollars in millions)
2016
 
2015
Sales
 
 
 
Additives & Functional Products
$
737

 
$
804

Advanced Materials
589

 
561

Chemical Intermediates
620

 
782

Fibers
280

 
284

Total Sales by Segment
2,226

 
2,431

Other
10

 
12

Total Sales
$
2,236

 
$
2,443

 
First Quarter
(Dollars in millions)
2016
 
2015
Operating Earnings (Loss)
 
 
 
Additives & Functional Products
$
153

 
$
157

Advanced Materials
108

 
68

Chemical Intermediates
67

 
118

Fibers
86

 
(7
)
Total Operating Earnings by Segment
414

 
336

Other:
 

 
 

Growth initiatives and businesses not allocated to segments
(18
)
 
(26
)
Pension and other postretirement benefits income, net not allocated to operating segments
12

 
9

Acquisition integration, transaction, and restructuring costs
(9
)
 
(8
)
Total Operating Earnings
$
399

 
$
311

 
 
 
 

 
March 31,
 
December 31,
(Dollars in millions)
2016
 
2015
Assets by Segment (1)
 
 
 
Additives & Functional Products
$
6,471

 
$
6,370

Advanced Materials
4,338

 
4,227

Chemical Intermediates
3,147

 
2,930

Fibers
768

 
969

Total Assets by Segment
14,724

 
14,496

Corporate Assets
892

 
1,084

Total Assets
$
15,616

 
$
15,580



(1) 
The chief operating decision maker holds segment management accountable for accounts receivable, inventory, fixed assets, goodwill, and intangible assets.