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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Segment Information Disclosure
 
First Quarter
(Dollars in millions)
2017
 
2016
Sales
 
 
 
Additives & Functional Products
$
773

 
$
737

Advanced Materials
634

 
589

Chemical Intermediates
670

 
620

Fibers
213

 
280

Total Sales by Segment
2,290

 
2,226

Other
13

 
10

Total Sales
$
2,303

 
$
2,236


 
First Quarter
(Dollars in millions)
2017
 
2016
Operating Earnings (Loss)
 
 
 
Additives & Functional Products
$
152

 
$
153

Advanced Materials
121

 
108

Chemical Intermediates
82

 
67

Fibers
52

 
86

Total Operating Earnings by Segment
407

 
414

Other
 

 
 

Growth initiatives and businesses not allocated to segments
(28
)
 
(18
)
Pension and other postretirement benefits income, net not allocated to operating segments
18

 
12

Acquisition integration and transaction costs

 
(9
)
Total Operating Earnings
$
397

 
$
399



 
March 31,
 
December 31,
(Dollars in millions)
2017
 
2016
Assets by Segment (1)
 
 
 
Additives & Functional Products
$
6,397

 
$
6,255

Advanced Materials
4,318

 
4,247

Chemical Intermediates
2,971

 
2,927

Fibers
955

 
920

Total Assets by Segment
14,641

 
14,349

Corporate Assets
1,114

 
1,108

Total Assets
$
15,755

 
$
15,457



(1) 
Segment assets include accounts receivable, inventory, fixed assets, goodwill, and intangible assets. Segment asset balances for shared fixed assets within the CI and Fibers segments as of December 31, 2016 have been reclassified to conform to current period allocation methodology.