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UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 207 $ 226
Trade receivables, net of allowance for doubtful accounts 1,191 1,154
Miscellaneous receivables 279 329
Inventories 1,695 1,583
Other current assets 68 73
Total current assets 3,440 3,365
Properties    
Properties and equipment at cost 12,898 12,731
Less: Accumulated depreciation 7,364 7,131
Net properties 5,534 5,600
Goodwill 4,464 4,467
Intangible assets, net of accumulated amortization 2,034 2,185
Other noncurrent assets 665 378
Total assets [1] 16,137 15,995
Current liabilities    
Payables and other current liabilities 1,438 1,608
Borrowings due within one year 642 243
Total current liabilities 2,080 1,851
Long-term borrowings 5,567 5,925
Deferred income tax liabilities 887 884
Post-employment obligations 867 925
Other long-term liabilities 639 532
Total liabilities 10,040 10,117
Stockholders' equity    
Common stock ($0.01 par value – 350,000,000 shares authorized; shares issued – 219,624,815 and 219,140,523 for 2019 and 2018, respectively) 2 2
Additional paid-in capital 2,092 2,048
Retained earnings 8,029 7,573
Accumulated other comprehensive income (loss) (203) (245)
Stockholder's Equity before Treasury Stock 9,920 9,378
Less: Treasury stock at cost (83,696,398 shares for 2019 and 79,413,989 shares for 2018) 3,900 3,575
Total Eastman stockholders' equity 6,020 5,803
Noncontrolling interest 77 75
Total equity 6,097 5,878
Total liabilities and stockholders' equity $ 16,137 $ 15,995
[1]
Segment assets include accounts receivable, inventory, fixed assets, goodwill, and intangible assets.