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LEASES AND OTHER COMMITMENTS LEASES AND OTHER COMMITMENTS (Tables)
12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity [Table Text Block]
As of December 31, 2020, maturities of operating lease liabilities is provided below:
(Dollars in millions)Operating lease liabilities
2021$60 
202244 
202331 
202418 
202512 
2026 and beyond28 
Total lease payments193 
Less: amounts of lease payments representing interest14 
Present value of future lease payments179 
Less: current obligations under leases56 
Long-term lease obligations$123 

As of December 31, 2019, maturities of operating lease liabilities is provided below:
(Dollars in millions)Operating lease liabilities
2020$62 
202149 
202238 
202325 
202414 
2025 and beyond30 
Total lease payments218 
Less: amounts of lease payments representing interest22 
Present value of future lease payments196 
Less: current obligations under leases55 
Long-term lease obligations$141 
Lease, Cost [Table Text Block]
(Dollars in millions)20202019
Lease costs:
Operating lease costs$73$70
Short-term lease costs3740
Sublease income(4)(2)
Total$106$108
Other operating lease information:
Cash paid for amounts included in the measurement of lease liabilities$72$72
Right-to-use assets obtained in exchange for new lease liabilities$55$54
Weighted-average remaining lease term, in years55
Weighted-average discount rate3.6 %4.0 %
Other Commitments [Table Text Block]
Eastman's obligations are summarized in the following table.
(Dollars in millions)Payments Due for
PeriodDebt SecuritiesCredit Facilities and OtherInterest PayablePurchase ObligationsOperating LeasesOther LiabilitiesTotal
2021$299 $50 $172 $187 $60 $274 $1,042 
2022744 — 174 174 44 95 1,231 
2023919 — 157 137 31 91 1,335 
2024241 — 137 140 18 99 635 
2025701 — 119 112 12 87 1,031 
2026 and beyond2,664 — 1,291 2,432 28 1,191 7,606 
Total$5,568 $50 $2,050 $3,182 $193 $1,837 $12,880