XML 52 R39.htm IDEA: XBRL DOCUMENT
v3.10.0.1

REVENUE RECOGNITION (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
Revenue, Initial Application Period Cumulative Effect Transition [Abstract] |
Quarterly Financial Information [Table Text Block] |
| Second Quarter 2018 |  | First Six Months 2018
(Dollars in millions, except per share amounts) | Current Standard |  | Change |  | Previous Standard |  | Current Standard |  | Change |  | Previous Standard
Sales | $ | 2,621 |  |  | $ | (5 | ) |  | $ | 2,616 |  |  | $ | 5,228 |  |  | $ | (35 | ) |  | $ | 5,193 |
Cost of sales | 1,917 |  |  | (1 | ) |  | 1,916 |  |  | 3,943 |  |  | (14 | ) |  | 3,929 |
Gross profit | 704 |  |  | (4 | ) |  | 700 |  |  | 1,285 |  |  | (21 | ) |  | 1,264 |
Earnings before interest and taxes | 491 |  |  | (4 | ) |  | 487 |  |  | 900 |  |  | (21 | ) |  | 879 |
Net earnings attributable to Eastman | 344 |  |  | (2 | ) |  | 342 |  |  | 634 |  |  | (16 | ) |  | 618 |
Basic earnings per share attributable to Eastman | $ | 2.42 |  |  | $ | (0.01 | ) |  | $ | 2.41 |  |  | $ | 4.45 |  |  | $ | (0.11 | ) |  | $ | 4.34 |
Diluted earnings per share attributable to Eastman | $ | 2.39 |  |  | $ | (0.01 | ) |  | $ | 2.38 |  |  | $ | 4.39 |  |  | $ | (0.11 | ) |  | $ | 4.28 |
| Second Quarter 2018 |  | First Six Months 2018
(Dollars in millions) | Current Standard |  | Change |  | Previous Standard |  | Current Standard |  | Change |  | Previous Standard
Additives & Functional Products |  |  |  |  |  |  |  |  |  |  |  |
Sales | $ | 942 |  |  | $ | (9 | ) |  | $ | 933 |  |  | $ | 1,881 |  |  | $ | (6 | ) |  | $ | 1,875 |
Earnings before interest and taxes | 192 |  |  | (6 | ) |  | 186 |  |  | 368 |  |  | (9 | ) |  | 359 |
Advanced Materials |  |  |  |  |  |  |  |  |  |  |
Sales | 729 |  |  | 1 |  |  | 730 |  |  | 1,422 |  |  | (19 | ) |  | 1,403 |
Earnings before interest and taxes | 150 |  |  | — |  |  | 150 |  |  | 285 |  |  | (10 | ) |  | 275 |
Chemical Intermediates |  |  |  |  |  |  |  |  |  |  |
Sales | 709 |  |  | 3 |  |  | 712 |  |  | 1,439 |  |  | 20 |  |  | 1,459 |
Earnings before interest and taxes | 85 |  |  | 2 |  |  | 87 |  |  | 155 |  |  | 8 |  |  | 163 |
Fibers |  |  |  |  |  |  |  |  |  |  |
Sales | 241 |  |  | — |  |  | 241 |  |  | 486 |  |  | (30 | ) |  | 456 |
Earnings before interest and taxes | 83 |  |  | — |  |  | 83 |  |  | 126 |  |  | (10 | ) |  | 116 |
Other |  |  |  |  |  |  |  |  |  |  |
Sales | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Earnings before interest and taxes | (19 | ) |  | — |  |  | (19 | ) |  | (34 | ) |  | — |  |  | (34 | )
| As of June 30, 2018
(Dollars in millions) | Current Standard |  | Change |  | Previous Standard
Trade receivables, net of allowance for doubtful accounts | $ | 1,393 |  |  | $ | (181 | ) |  | $ | 1,212 |
Miscellaneous receivables | 314 |  |  | (41 | ) |  | 273 |
Inventories | 1,532 |  |  | 140 |  |  | 1,672 |
Total current assets | 3,498 |  |  | (82 | ) |  | 3,416 |

X
- References No definition available. + Details
Name: | us-gaap_RevenueInitialApplicationPeriodCumulativeEffectTransitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109225645&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration