XML 66 R44.htm IDEA: XBRL DOCUMENT v3.10.0.1
SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Information
 
For years ended December 31,
(Dollars in millions)
2018
 
2017
 
2016
Sales by Segment
 
 
 
 
 
Additives & Functional Products
$
3,647

 
$
3,343

 
$
2,979

Advanced Materials
2,755

 
2,572

 
2,457

Chemical Intermediates
2,831

 
2,728

 
2,534

Fibers
918

 
852

 
992

Total Sales by Operating Segment
$
10,151

 
$
9,495

 
$
8,962

Other

 
54

 
46

Total Sales
$
10,151

 
$
9,549

 
$
9,008


 
For years ended December 31,
(Dollars in millions)
2018
 
2017
 
2016
Earnings Before Interest and Taxes by Segment
 
 
 
 
 
Additives & Functional Products
$
639

 
$
653

 
$
607

Advanced Materials
509

 
483

 
472

Chemical Intermediates
308

 
255

 
171

Fibers
257

 
181

 
331

Total EBIT by Operating Segment
1,713

 
1,572

 
1,581

Other
 
 
 
 
 
Growth initiatives and businesses not allocated to operating segments
(114
)
 
(114
)
 
(82
)
Pension and other postretirement benefit plans income (expense), net not allocated to operating segments
(17
)
 
93

 
(44
)
Restructuring and acquisition integration and transaction costs
(6
)
 
(5
)
 
(44
)
Other income (charges), net not allocated to operating segments
(24
)
 
(16
)
 
(22
)
Total EBIT
$
1,552

 
$
1,530

 
$
1,389


 
December 31,
(Dollars in millions)
2018
 
2017
Assets by Segment (1)
 
 
 
Additives & Functional Products
$
6,545

 
$
6,648

Advanced Materials
4,456

 
4,379

Chemical Intermediates
2,934

 
3,000

Fibers
978

 
929

Total Assets by Operating Segment
14,913

 
14,956

Corporate Assets
1,082

 
1,043

Total Assets
$
15,995

 
$
15,999



(1) 
The chief operating decision maker holds operating segment management accountable for accounts receivable, inventory, fixed assets, goodwill, and intangible assets.
 
For years ended December 31,
(Dollars in millions)
2018
 
2017
 
2016
Depreciation and Amortization Expense by Segment
 
 
 
 
 
Additives & Functional Products
$
219

 
$
213

 
$
208

Advanced Materials
169

 
164

 
160

Chemical Intermediates
151

 
148

 
157

Fibers
64

 
58

 
51

Total Depreciation and Amortization Expense by Operating Segment
603

 
583

 
576

Other
1

 
4

 
4

Total Depreciation and Amortization Expense
$
604

 
$
587

 
$
580

 
For years ended December 31,
(Dollars in millions)
2018
 
2017
 
2016
Capital Expenditures by Segment
 
 
 
 
 
Additives & Functional Products
$
150

 
$
229

 
$
212

Advanced Materials
187

 
248

 
244

Chemical Intermediates
137

 
116

 
128

Fibers
50

 
52

 
38

Total Capital Expenditures by Operating Segment
524

 
645

 
622

Other
4

 
4

 
4

Total Capital Expenditures
$
528

 
$
649

 
$
626


Sales are attributed to geographic areas based on customer location and long-lived assets are attributed to geographic areas based on asset location.
(Dollars in millions)
For years ended December 31,
Geographic Information
2018
 
2017
 
2016
Sales
 
 
 
 
 
United States
$
4,118

 
$
3,999

 
$
3,803

All foreign countries
6,033

 
5,550

 
5,205

Total
$
10,151

 
$
9,549

 
$
9,008

 
 
 
 
 
 
 
 
 
 
 
 
 
December 31,
 
2018
 
2017
 
2016
Net properties
 
 
 
 
 
United States
$
4,228

 
$
4,203

 
$
4,066

All foreign countries
1,372

 
1,404

 
1,210

Total
$
5,600

 
$
5,607

 
$
5,276

Revenue from External Customers by Products and Services [Table Text Block]
 
Percentage of Total Segment Sales
AFP Product Lines
2018
2017
2016
Coatings and Inks Additives
23%
23%
24%
Adhesives Resins
16%
18%
21%
Tire Additives
17%
17%
17%
Care Chemicals
17%
17%
15%
Specialty Fluids
13%
13%
11%
Animal Nutrition and Crop Protection
14%
12%
12%
Total
100%
100%
100%
 
Percentage of Total Segment Sales
AM Product Lines
2018
2017
2016
Specialty Plastics
49%
51%
50%
Advanced Interlayers
33%
33%
34%
Performance Films
18%
16%
16%
Total
100%
100%
100%
 
Percentage of Total Segment Sales
CI Product Lines
2018
2017
2016
Intermediates
60%
64%
65%
Plasticizers
20%
19%
20%
Functional Amines
20%
17%
15%
Total
100%
100%
100%
 
Percentage of Total Segment Sales
Fibers Product Lines
2018
2017
2016
Acetate Tow
69%
77%
80%
Acetyl Chemical Products
15%
15%
13%
Acetate Yarn
10%
8%
7%
Nonwovens
6%
—%
—%
Total
100%
100%
100%

Revenue from External Customers by Geographic Areas [Table Text Block]
 
Percentage of Total Segment Sales
AFP Sales by Customer Location
2018
2017
2016
United States and Canada
36%
35%
37%
Asia Pacific
24%
23%
21%
Europe, Middle East, and Africa
34%
36%
35%
Latin America
6%
6%
7%
Total
100%
100%
100%
 
Percentage of Total Segment Sales
AM Sales by Customer Location
2018
2017
2016
United States and Canada
35%
36%
37%
Asia Pacific
33%
33%
32%
Europe, Middle East, and Africa
27%
26%
26%
Latin America
5%
5%
5%
Total
100%
100%
100%
 
Percentage of Total Segment Sales
CI Sales by Customer Location
2018
2017
2016
United States and Canada
64%
68%
69%
Asia Pacific
15%
14%
12%
Europe, Middle East, and Africa
15%
12%
13%
Latin America
6%
6%
6%
Total
100%
100%
100%
 
Percentage of Total Segment Sales
Fibers Sales by Customer Location
2018
2017
2016
United States and Canada
26%
22%
21%
Asia Pacific
33%
37%
44%
Europe, Middle East, and Africa
37%
37%
29%
Latin America
4%
4%
6%
Total
100%
100%
100%