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STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2021

Stockholders' Equity Note [Abstract]

Schedule of Reconciliation of the Changes in Stockholders' Equity

A reconciliation of the changes in stockholders' equity for 2021, 2020, and 2019 is provided below:

(Dollars in millions)			Common Stock at Par Value						Additional Paid-in Capital						Retained Earnings						Accumulated Other Comprehensive Income (Loss)						Treasury Stock at Cost						Total Eastman Stockholders' Equity						Noncontrolling Interest						Total Equity
Balance at December 31, 2018			$	2					$	2,048					$	7,573					$	(245)					$	(3,575)					$	5,803					$	75					$	5,878
Cumulative Effect of Adoption of New Accounting Standards (1)			—						—						(20)						20						—						—						—						—
Net Earnings			—						—						759						—						—						759						3						762
Cash Dividends (2)			—						—						(347)						—						—						(347)						—						(347)
Other Comprehensive (Loss)			—						—						—						11						—						11						—						11
Share-Based Compensation Expense (3)			—						59						—						—						—						59						—						59
Stock Option Exercises			—						9						—						—						—						9						—						9
Other (4)			—						(11)						—						—						—						(11)						—						(11)
Share Repurchase			—						—						—						—						(325)						(325)						—						(325)
Distributions to noncontrolling interest			—						—						—						—						—						—						(4)						(4)
Balance at December 31, 2019			$	2					$	2,105					$	7,965					$	(214)					$	(3,900)					$	5,958					$	74					$	6,032
Net Earnings			—						—						478						—						—						478						11						489
Cash Dividends (2)			—						—						(363)						—						—						(363)						—						(363)
Other Comprehensive Income			—						—						—						(59)						—						(59)						—						(59)
Share-Based Compensation Expense (3)			—						44						—						—						—						44						—						44
Stock Option Exercises			—						36						—						—						—						36						—						36
Other (4)			—						(11)						—						—						—						(11)						2						(9)
Share Repurchase			—						—						—						—						(60)						(60)						—						(60)
Distributions to noncontrolling interest			—						—						—						—						—						—						(2)						(2)
Balance at December 31, 2020			$	2					$	2,174					$	8,080					$	(273)					$	(3,960)					$	6,023					$	85					$	6,108
Net Earnings			—						—						857						—						—						857						10						867
Cash Dividends (2)			—						—						(380)						—						—						(380)						—						(380)
Other Comprehensive Income			—						—						—						91						—						91						—						91
Share-Based Compensation Expense (3)			—						70						—						—						—						70						—						70
Stock Option Exercises			—						62						—						—						—						62						—						62
Other (4)			—						(19)						—						—						—						(19)						3						(16)
Share Repurchase (5)			—						(100)						—						—						(900)						(1,000)						—						(1,000)
Distributions to noncontrolling interest			—						—						—						—						—						—						(14)						(14)
Balance at December 31, 2021			$	2					$	2,187					$	8,557					$	(182)					$	(4,860)					$	5,704					$	84					$	5,788

(1)On January 1, 2019, Eastman adopted ASU 2018-02 Income Statement - Reporting Comprehensive Income resulting in the reclassification of $20 million of stranded tax expense from AOCI to retained earnings.

(2)Cash dividends includes cash dividends paid and dividends declared, but unpaid.

(3)Share-based compensation expense is the fair value of share-based awards.

(4)Additional paid-in capital includes value of shares withheld for employees' taxes on vesting of share-based compensation awards.

(5)Additional paid-in capital includes payment for repurchase of shares under the ASR which have not yet been delivered.

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

			For years ended December 31,
(In millions, except per share amounts)			2021						2020						2019
Numerator
Net earnings attributable to Eastman			$	857					$	478					$	759
Denominator
Weighted average shares used for basic EPS			134.9						135.5						137.4
Dilutive effect of stock options and other award plans			2.2						1.0						1.1
Weighted average shares used for diluted EPS			137.1						136.5						138.5
EPS (1)
Basic			$	6.35					$	3.53					$	5.52
Diluted			$	6.25					$	3.50					$	5.48

(1)     EPS is calculated using whole dollars and shares.

Schedule of Shares of Common Stock Issued

			For years ended December 31,
			2021						2020						2019
Balance at beginning of year			220,641,506						219,638,646						219,140,523
Issued for employee compensation and benefit plans			1,167,803						1,002,860						498,123
Balance at end of year			221,809,309						220,641,506						219,638,646

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

(Dollars in millions)			Cumulative Translation Adjustment						Benefit Plans Unrecognized Prior Service Credits						Unrealized Gains (Losses) on Cash Flow Hedges						Unrealized Losses on Investments						Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2019			$	(264)					$	106					$	(55)					$	(1)					$	(214)
Period change			(29)						(19)						(11)						—						(59)
Balance at December 31, 2020			(293)						87						(66)						(1)						(273)
Period change			56						(28)						63						—						91
Balance at December 31, 2021			$	(237)					$	59					$	(3)					$	(1)					$	(182)

Schedule of Components of Comprehensive Income (Loss) Before Tax and Net of Tax Effects

Components of total other comprehensive income (loss) recorded in the Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings are presented below, before tax and net of tax effects:

			For years ended December 31,
			2021												2020												2019
(Dollars in millions)			Before Tax						Net of Tax						Before Tax						Net of Tax						Before Tax						Net of Tax
Change in cumulative translation adjustment			$	56					$	56					$	(29)					$	(29)					$	45					$	45
Defined benefit pension and other postretirement benefit plans:
Prior service credit arising during the period			—						—						12						9						—						—
Amortization of unrecognized prior service credits included in net periodic costs			(38)						(28)						(38)						(28)						(39)						(29)
Derivatives and hedging:
Unrealized gain (loss) during period			88						66						(46)						(34)						(27)						(20)
Reclassification adjustment for (gains) losses included in net income, net			(4)						(3)						31						23						20						15
Total other comprehensive income (loss)			$	102					$	91					$	(70)					$	(59)					$	(1)					$	11

For additional information regarding the impact of reclassifications into earnings, refer to Note 10, "Derivative and Non-Derivative Financial Instruments", and Note 11, "Retirement Plans".

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