XML 37 R20.htm IDEA: XBRL DOCUMENT
v3.22.1

SEGMENT AND REGIONAL SALES INFORMATION | 3 Months Ended
--- | ---
Mar. 31, 2022
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT AND REGIONAL SALES INFORMATION Eastman's products and operations are managed and reported in four operating segments: Additives & Functional Products ("AFP"), Advanced Materials ("AM"), Chemical Intermediates ("CI"), and Fibers. The economic factors that impact the nature, amount, timing, and uncertainty of revenue and cash flows vary among the Company's business operating segments and the geographical regions in which they operate. For disaggregation of revenue by major product lines and regions for each business operating segment, see Note 20, "Segment and Regional Sales Information", to the consolidated financial statements in Part II, Item 8 of the Company's 2021 Annual Report on Form 10-K. For additional financial information for each segment, see Part I, Item 1, "Business - Business Segments", in the Company's 2021 Annual Report on Form 10-K.
(Dollars in millions) | First Quarter |  |
Sales by Segment | 2022 |  | 2021 |  |  |  |
Additives & Functional Products | $ | 805 |  |  | $ | 609 |  |  |  |  |
Advanced Materials | 737 |  |  | 716 |  |  |  |  |
Chemical Intermediates | 799 |  |  | 605 |  |  |  |  |
Fibers | 213 |  |  | 217 |  |  |  |  |
Total Sales by Operating Segment | 2,554 |  |  | 2,147 |  |  |  |  |
Other (1) | 160 |  |  | 262 |  |  |  |  |
Total Sales | $ | 2,714 |  |  | $ | 2,409 |  |  |  |  |
(1)"Other" includes sales revenue from the divested rubber additives and held for sale adhesives resins businesses previously part of the AFP segment.
(Dollars in millions) | First Quarter |  |
Earnings (Loss) Before Interest and Taxes by Segment | 2022 |  | 2021 |  |  |  |
Additives & Functional Products | $ | 145 |  |  | $ | 107 |  |  |  |  |
Advanced Materials | 61 |  |  | 146 |  |  |  |  |
Chemical Intermediates | 134 |  |  | 69 |  |  |  |  |
Fibers | 24 |  |  | 45 |  |  |  |  |
Total Earnings Before Interest and Taxes by Operating Segment | 364 |  |  | 367 |  |  |  |  |
Other (1) |  |  |  |  |  |  |
Growth initiatives and businesses not allocated to operating segments | (32) |  |  | 1 |  |  |  |  |
Pension and other postretirement benefits income (expense), net not allocated to operating segments | 23 |  |  | 27 |  |  |  |  |
Asset impairments and restructuring charges, net | — |  |  | (2) |  |  |  |  |
Transaction costs net of gain on divested business | (6) |  |  | — |  |  |  |  |
Steam line incident costs, net of insurance proceeds | (25) |  |  | — |  |  |  |  |
Other income (charges), net not allocated to operating segments | 9 |  |  | (4) |  |  |  |  |
Total Earnings Before Interest and Taxes | $ | 333 |  |  | $ | 389 |  |  |  |  |
(1)"Other" includes EBIT of $6 million and $28 million in first quarter 2022 and 2021, respectively, from the divested rubber additives and held for sale adhesives resins businesses previously part of the AFP segment.
(Dollars in millions) | March 31, |  | December 31,
Assets by Segment (1) | 2022 |  | 2021
Additives & Functional Products | $ | 4,416 |  |  | $ | 4,188 |
Advanced Materials | 4,704 |  |  | 4,661 |
Chemical Intermediates | 2,785 |  |  | 2,703 |
Fibers | 1,023 |  |  | 972 |
Total Assets by Operating Segment | 12,928 |  |  | 12,524 |
Corporate & Other Assets | 2,878 |  |  | 2,995 |
Total Assets | $ | 15,806 |  |  | $ | 15,519 |
(1)Segment assets include accounts receivable, inventory, fixed assets, goodwill, and intangible assets. As disclosed in Note 1, "Significant Accounting Policies", December 31, 2021 Assets by Segment have been recast from Note 20, "Segment and Regional Sales Information", to the Company's 2021 Annual Report on Form 10-K. Prior to the recast, December 31, 2021 assets reported for the AFP segment were revised from $4,643 million to $5,195 million, and assets reported for Corporate & Other Assets were revised from $2,540 million to $1,988 million. Total assets were not impacted by the misclassification.
(Dollars in millions) | First Quarter |  |
Sales by Customer Location | 2022 |  | 2021 |  |  |  |
United States and Canada | $ | 1,198 |  |  | $ | 1,004 |  |  |  |  |
Europe, Middle East, and Africa | 745 |  |  | 656 |  |  |  |  |
Asia Pacific | 612 |  |  | 608 |  |  |  |  |
Latin America | 159 |  |  | 141 |  |  |  |  |
Total Sales | $ | 2,714 |  |  | $ | 2,409 |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration