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SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Segment Information Disclosure
 
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.