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UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 195 $ 181
Trade receivables, net of allowance for doubtful accounts 1,047 812
Miscellaneous receivables 378 399
Inventories 1,576 1,404
Other current assets 49 70
Total current assets 3,245 2,866
Properties    
Properties and equipment at cost 12,145 11,699
Less: Accumulated depreciation 6,660 6,423
Net properties 5,485 5,276
Goodwill 4,520 4,461
Intangible assets, net of accumulated amortization 2,404 2,469
Other noncurrent assets 370 385
Total assets [1] 16,024 15,457
Current liabilities    
Payables and other current liabilities 1,402 1,512
Borrowings due within one year 369 283
Total current liabilities 1,771 1,795
Long-term borrowings 6,325 6,311
Deferred income tax liabilities 1,349 1,206
Post-employment obligations 989 1,018
Other long-term liabilities 491 519
Total liabilities 10,925 10,849
Stockholders' equity    
Common stock ($0.01 par value – 350,000,000 shares authorized; shares issued – 218,313,858 and 217,707,600 for 2017 and 2016, respectively) 2 2
Additional paid-in capital 1,968 1,915
Retained earnings 6,391 5,721
Accumulated other comprehensive income (loss) (238) (281)
Stockholder's Equity before Treasury Stock 8,123 7,357
Less: Treasury stock at cost (74,630,257 shares for 2017 and 71,269,474 shares for 2016) 3,100 2,825
Total Eastman stockholders' equity 5,023 4,532
Noncontrolling interest 76 76
Total equity 5,099 4,608
Total liabilities and stockholders' equity $ 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.