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LEASES AND OTHER COMMITMENTS (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

As of March 31, 2020, reconciliation of lease payments and operating lease liabilities is provided below:

(Dollars in millions)						Operating lease liabilities
Remainder of 2020						$	47
2021						51
2022						40
2023						27
2024						16
2025 and beyond						33
Total lease payments						214
Less: amounts of lease payments representing interest						28
Present value of future lease payments						186
Less: current obligations under leases						41
Long-term lease obligations						$	145

Lease, Cost [Table Text Block]

Lease costs during the period and other information is provided below:

						First Quarter
(Dollars in millions)									2020						2019
Lease costs:
			Operating lease costs			$	19					$	15
			Short-term lease costs			9						11
			Sublease income			(1)						—
			Total			$	27					$	26
Other operating lease information:
			Cash paid for amounts included in the measurement of lease liabilities			$	18					$	17
			Right-to-use assets obtained in exchange for new lease liabilities			$	16					$	11
			Weighted-average remaining lease term, in years			5						5
			Weighted-average discount rate			3.9		%				4.2		%

Other Commitments

Eastman's obligations are summarized in the following table.

(Dollars in millions)						Payments Due for
Period						Debt Securities						Credit Facilities and Other						Interest Payable						Purchase Obligations						Operating Leases						Other Liabilities						Total
2020						$	—					$	710					$	154					$	131					$	47					$	144					$	1,186
2021						483						—						185						151						51						74						944
2022						741						—						173						100						40						83						1,137
2023						821						—						153						89						27						88						1,178
2024						241						—						136						98						16						89						580
2025 and beyond						3,298						—						1,413						1,958						33						1,111						7,813
Total						$	5,584					$	710					$	2,214					$	2,527					$	214					$	1,589					$	12,838

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980

+ Details

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X

- References

No definition available.

+ Details

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Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980

+ Details

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Period Type:	duration

X

- Definition

Tabular disclosure of information about obligations resulting from other commitments.

+ References

No definition available.

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