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UNAUDITED CONSOLIDATED STATEMENTS OF EARNINGS, COMPREHENSIVE INCOME AND RETAINED EARNINGS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Sales $ 2,547 $ 2,465 $ 7,775 $ 7,187
Cost of sales 1,819 1,794 5,762 5,281
Gross profit 728 671 2,013 1,906
Selling, general and administrative expenses 175 180 554 540
Research and development expenses 60 59 176 174
Asset impairments and restructuring charges, net 0 0 6 0
Other components of post-employment (benefit) cost, net (30) (28) (90) (86)
Other (income) charges, net 6 (4) (50) (7)
Earnings before interest and taxes 517 464 1,417 1,285
Net interest expense 58 61 178 182
Earnings before income taxes 459 403 1,239 1,103
Provision for income taxes 46 79 190 206
Net earnings 413 324 1,049 897
Less: Net earnings attributable to noncontrolling interest 1 1 3 4
Net earnings attributable to Eastman $ 412 $ 323 $ 1,046 $ 893
Basic earnings per share attributable to Eastman        
Basic earnings per share attributable to Eastman $ 2.93 $ 2.24 $ 7.38 $ 6.15
Diluted earnings per share attributable to Eastman        
Diluted earnings per share attributable to Eastman $ 2.89 $ 2.22 $ 7.28 $ 6.10
Comprehensive Income        
Net earnings including noncontrolling interest $ 413 $ 324 $ 1,049 $ 897
Other comprehensive income (loss), net of tax:        
Change in cumulative translation adjustment (21) 17 (28) 60
Defined benefit pension and other postretirement benefit plans:        
Amortization of unrecognized prior service credits (7) (7) (22) (20)
Derivatives and hedging:        
Unrealized gain (loss) during period 37 31 78 (8)
Reclassification adjustment for (gains) losses included in net income, net (10) 7 (13) 11
Total other comprehensive income (loss), net of tax (1) 48 15 43
Comprehensive income including noncontrolling interest 412 372 1,064 940
Less: Net earnings attributable to noncontrolling interest 1 1 3 4
Comprehensive income attributable to Eastman 411 371 1,061 936
Retained Earnings        
Retained earnings at beginning of period 7,292 6,142 6,802 5,721
Cumulative effect adjustment resulting from adoption of new accounting standards 0 0 16 0
Net earnings attributable to Eastman 412 323 1,046 893
Cash dividends declared (78) (74) (238) [1] (223)
Retained earnings at end of period $ 7,626 $ 6,391 $ 7,626 $ 6,391
[1] Cash dividends declared includes cash dividends paid and dividends declared but unpaid.