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SEGMENT INFORMATION | 9 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION As reported in the 2015 Annual Report on Form 10-K, the Company's products and operations were managed and reported in five operating segments: Additives & Functional Products ("AFP"), Adhesives & Plasticizers ("A&P"), Advanced Materials ("AM"), Fibers, and Specialty Fluids & Intermediates ("SFI"). Beginning first quarter 2016, as a result of changes in the Company's organizational structure and management, the Company's products and operations are managed and reported in four operating segments: AFP, AM, Chemical Intermediates ("CI"), and Fibers. The new structure supports the Company's strategy to transform towards a specialty portfolio by better aligning similar businesses in a more streamlined structure. Under the new structure, the adhesives resins product line of the former A&P segment is moved to the AFP segment, the specialty fluids product line of the former SFI segment is moved to the AFP segment, and the plasticizers product line of the former A&P segment is moved to the new CI segment. In addition to the product line changes, there were shifts in products among product lines in different segments. Acetyl and olefin products with animal nutrition and food ingredient applications of the former SFI segment are moved to the AFP segment as part of the care chemicals and animal nutrition product lines. Distribution solvents, ethylene oxide derivatives, and ethyl acetate products are moved from the AFP segment to the new CI segment in the other intermediates product line.
| Third Quarter |  | First Nine Months
(Dollars in millions) | 2016 |  | 2015 |  | 2016 |  | 2015
Sales |  |  |  |  |  |  |
Additives & Functional Products | $ | 752 |  |  | $ | 794 |  |  | $ | 2,259 |  |  | $ | 2,428 |
Advanced Materials | 638 |  |  | 624 |  |  | 1,873 |  |  | 1,832 |
Chemical Intermediates | 638 |  |  | 697 |  |  | 1,891 |  |  | 2,224 |
Fibers | 248 |  |  | 320 |  |  | 762 |  |  | 903 |
Total Sales by Segment | 2,276 |  |  | 2,435 |  |  | 6,785 |  |  | 7,387 |
Other | 11 |  |  | 12 |  |  | 35 |  |  | 36 |
Total Sales | $ | 2,287 |  |  | $ | 2,447 |  |  | $ | 6,820 |  |  | $ | 7,423 |
| Third Quarter |  | First Nine Months
(Dollars in millions) | 2016 |  | 2015 |  | 2016 |  | 2015
Operating Earnings (Loss) |  |  |  |  |  |  |
Additives & Functional Products | $ | 160 |  |  | $ | 176 |  |  | $ | 481 |  |  | $ | 511 |
Advanced Materials | 141 |  |  | 98 |  |  | 381 |  |  | 301 |
Chemical Intermediates | 39 |  |  | 72 |  |  | 121 |  |  | 277 |
Fibers | 79 |  |  | 102 |  |  | 237 |  |  | 188 |
Total Operating Earnings by Segment | 419 |  |  | 448 |  |  | 1,220 |  |  | 1,277 |
Other |  |  |  |  |  |  |  |  |
Growth initiatives and businesses not allocated to segments | (17 | ) |  | (18 | ) |  | (59 | ) |  | (66 | )
Pension and other postretirement benefits (loss) income, net not allocated to operating segments | (16 | ) |  | 11 |  |  | 9 |  |  | 28 |
Acquisition integration, transaction, and restructuring costs | (30 | ) |  | (9 | ) |  | (39 | ) |  | (27 | )
Total Operating Earnings | $ | 356 |  |  | $ | 432 |  |  | $ | 1,131 |  |  | $ | 1,212 |
| September 30, |  | December 31,
(Dollars in millions) | 2016 |  | 2015
Assets by Segment (1) |  |  |
Additives & Functional Products | $ | 6,345 |  |  | $ | 6,370 |
Advanced Materials | 4,295 |  |  | 4,227 |
Chemical Intermediates | 3,105 |  |  | 2,930 |
Fibers | 775 |  |  | 969 |
Total Assets by Segment | 14,520 |  |  | 14,496 |
Corporate Assets | 969 |  |  | 1,084 |
Total Assets | $ | 15,489 |  |  | $ | 15,580 |
(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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&loc=d3e8906-108599 + Details
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