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SEGMENT INFORMATION | 9 Months Ended
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Sep. 30, 2018
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION Eastman's products and operations are managed and reported in four operating segments: Additives & Functional Products ("AFP"), Advanced Materials ("AM"), Chemical Intermediates ("CI"), and Fibers. Beginning January 1, 2018:
• | Eastman's primary measure of operating performance for all periods presented is EBIT on a consolidated and segment basis. Previously, the Company's primary measure of operating performance was operating earnings;
• | As a result of recent changes in the management of products and operations to better align resources for growth initiatives, certain products previously reported in the CI operating segment are reported in the AFP operating segment; and
• | Sales revenue and innovation costs from the nonwovens and textiles innovation platform products previously reported in "Other" are reported in the Fibers operating segment due to accelerating commercial progress of growth initiatives.
For additional financial and product information for each segment, see Part I, Item 1, "Business - Business Segments" and Part II, Item 8, Note 19, "Segment Information", in the Company's 2017 Annual Report on Form 10-K.
(Dollars in millions) | Third Quarter |  | First Nine Months
Sales by Segment | 2018 |  | 2017 |  | 2018 |  | 2017
Additives & Functional Products | $ | 915 |  |  | $ | 886 |  |  | $ | 2,796 |  |  | $ | 2,489 |
Advanced Materials | 709 |  |  | 646 |  |  | 2,131 |  |  | 1,937 |
Chemical Intermediates | 703 |  |  | 696 |  |  | 2,142 |  |  | 2,069 |
Fibers | 220 |  |  | 224 |  |  | 706 |  |  | 652 |
Total Sales by Operating Segment | 2,547 |  |  | 2,452 |  |  | 7,775 |  |  | 7,147 |
Other | — |  |  | 13 |  |  | — |  |  | 40 |
Total Sales | $ | 2,547 |  |  | $ | 2,465 |  |  | $ | 7,775 |  |  | $ | 7,187 |
(Dollars in millions) | Third Quarter |  | First Nine Months
Earnings Before Interest and Taxes by Segment | 2018 |  | 2017 |  | 2018 |  | 2017
Additives & Functional Products | $ | 186 |  |  | $ | 189 |  |  | $ | 554 |  |  | $ | 503 |
Advanced Materials | 153 |  |  | 142 |  |  | 438 |  |  | 400 |
Chemical Intermediates | 109 |  |  | 81 |  |  | 264 |  |  | 246 |
Fibers | 84 |  |  | 68 |  |  | 210 |  |  | 176 |
Total Earnings Before Interest and Taxes by Operating Segment | 532 |  |  | 480 |  |  | 1,466 |  |  | 1,325 |
Other |  |  |  |  |  |  |  |  |
Growth initiatives and businesses not allocated to operating segments | (26 | ) |  | (32 | ) |  | (79 | ) |  | (92 | )
Pension and other postretirement benefits income (expense), net not allocated to operating segments | 20 |  |  | 18 |  |  | 61 |  |  | 54 |
Asset impairments and restructuring charges, net | — |  |  | — |  |  | (6 | ) |  | — |
Other income (charges), net not allocated to operating segments | (9 | ) |  | (2 | ) |  | (25 | ) |  | (2 | )
Total Earnings Before Interest and Taxes | $ | 517 |  |  | $ | 464 |  |  | $ | 1,417 |  |  | $ | 1,285 |
(Dollars in millions) | September 30, |  | December 31,
Assets by Segment (1) | 2018 |  | 2017
Additives & Functional Products | $ | 6,721 |  |  | $ | 6,648 |
Advanced Materials | 4,561 |  |  | 4,379 |
Chemical Intermediates | 2,996 |  |  | 3,000 |
Fibers | 986 |  |  | 929 |
Total Assets by Operating Segment | 15,264 |  |  | 14,956 |
Corporate Assets | 1,098 |  |  | 1,043 |
Total Assets | $ | 16,362 |  |  | $ | 15,999 |
(1) | Segment assets include accounts receivable, inventory, fixed assets, goodwill, and intangible assets.
(Dollars in millions) | Third Quarter |  | First Nine Months
Sales by Customer Location | 2018 |  | 2017 |  | 2018 |  | 2017
United States and Canada | $ | 1,083 |  |  | $ | 1,057 |  |  | $ | 3,291 |  |  | $ | 3,211 |
Asia Pacific | 665 |  |  | 612 |  |  | 1,946 |  |  | 1,705 |
Europe, Middle East, and Africa | 649 |  |  | 658 |  |  | 2,101 |  |  | 1,882 |
Latin America | 150 |  |  | 138 |  |  | 437 |  |  | 389 |
Total Sales | $ | 2,547 |  |  | $ | 2,465 |  |  | $ | 7,775 |  |  | $ | 7,187 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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