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UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 186 $ 226
Trade receivables, net of allowance for doubtful accounts 1,232 1,154
Miscellaneous receivables 286 329
Inventories 1,730 1,583
Other current assets 82 73
Total current assets 3,516 3,365
Properties    
Properties and equipment at cost 12,848 12,731
Less: Accumulated depreciation 7,298 7,131
Net properties 5,550 5,600
Goodwill 4,481 4,467
Intangible assets, net of accumulated amortization 2,093 2,185
Other noncurrent assets 616 378
Total assets [1] 16,256 15,995
Current liabilities    
Payables and other current liabilities 1,495 1,608
Borrowings due within one year 731 243
Total current liabilities 2,226 1,851
Long-term borrowings 5,624 5,925
Deferred income tax liabilities 888 884
Post-employment obligations 892 925
Other long-term liabilities 680 532
Total liabilities 10,310 10,117
Stockholders' equity    
Common stock ($0.01 par value – 350,000,000 shares authorized; shares issued – 219,607,125 and 219,140,523 for 2019 and 2018, respectively) 2 2
Additional paid-in capital 2,079 2,048
Retained earnings 7,848 7,573
Accumulated other comprehensive income (loss) (235) (245)
Stockholder's Equity before Treasury Stock 9,694 9,378
Less: Treasury stock at cost (82,663,775 shares for 2019 and 79,413,989 shares for 2018) 3,825 3,575
Total Eastman stockholders' equity 5,869 5,803
Noncontrolling interest 77 75
Total equity 5,946 5,878
Total liabilities and stockholders' equity $ 16,256 $ 15,995
[1]
Segment assets include accounts receivable, inventory, fixed assets, goodwill, and intangible assets.