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SEGMENT INFORMATION | 9 Months Ended
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Sep. 30, 2017
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION The Company's products and operations are managed and reported in four operating segments: Additives & Functional Products ("AFP"), Advanced Materials ("AM"), Chemical Intermediates ("CI"), and Fibers. For additional financial and product information for each segment, see Part 1, Item 1, Business - Business Segments and Part II, Item 8, Note 20, "Segment Information", in the Company's 2016 Annual Report on Form 10-K.
| Third Quarter |  | First Nine Months
(Dollars in millions) | 2017 |  | 2016 |  | 2017 |  | 2016
Sales |  |  |  |  |  |  |
Additives & Functional Products | $ | 886 |  |  | $ | 752 |  |  | $ | 2,489 |  |  | $ | 2,259 |
Advanced Materials | 646 |  |  | 638 |  |  | 1,937 |  |  | 1,873 |
Chemical Intermediates | 696 |  |  | 638 |  |  | 2,069 |  |  | 1,891 |
Fibers | 224 |  |  | 248 |  |  | 652 |  |  | 762 |
Total Sales by Segment | 2,452 |  |  | 2,276 |  |  | 7,147 |  |  | 6,785 |
Other | 13 |  |  | 11 |  |  | 40 |  |  | 35 |
Total Sales | $ | 2,465 |  |  | $ | 2,287 |  |  | $ | 7,187 |  |  | $ | 6,820 |
| Third Quarter |  | First Nine Months
(Dollars in millions) | 2017 |  | 2016 |  | 2017 |  | 2016
Operating Earnings (Loss) |  |  |  |  |  |  |
Additives & Functional Products | $ | 186 |  |  | $ | 160 |  |  | $ | 497 |  |  | $ | 481 |
Advanced Materials | 141 |  |  | 141 |  |  | 399 |  |  | 381 |
Chemical Intermediates | 81 |  |  | 39 |  |  | 246 |  |  | 121 |
Fibers | 66 |  |  | 79 |  |  | 173 |  |  | 237 |
Total Operating Earnings by Segment | 474 |  |  | 419 |  |  | 1,315 |  |  | 1,220 |
Other |  |  |  |  |  |  |  |  |
Growth initiatives and businesses not allocated to segments | (32 | ) |  | (17 | ) |  | (92 | ) |  | (59 | )
Pension and other postretirement benefits income, net not allocated to operating segments | 18 |  |  | (16 | ) |  | 54 |  |  | 9 |
Restructuring and acquisition integration and transaction costs | — |  |  | (30 | ) |  | — |  |  | (39 | )
Total Operating Earnings | $ | 460 |  |  | $ | 356 |  |  | $ | 1,277 |  |  | $ | 1,131 |
| September 30, |  | December 31,
(Dollars in millions) | 2017 |  | 2016
Assets by Segment (1) |  |  |
Additives & Functional Products | $ | 6,535 |  |  | $ | 6,255 |
Advanced Materials | 4,437 |  |  | 4,247 |
Chemical Intermediates | 3,039 |  |  | 2,927 |
Fibers | 947 |  |  | 920 |
Total Assets by Segment | 14,958 |  |  | 14,349 |
Corporate Assets | 1,066 |  |  | 1,108 |
Total Assets | $ | 16,024 |  |  | $ | 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.

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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 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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