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INCOME TAXES
 3 Months Ended
Mar. 31, 2022
Income Tax Disclosure [Abstract]  
PROVISION FOR INCOME TAXES INCOME TAXES
 First Quarter
(Dollars in millions)20222021
$%$%
Provision for income taxes and tax rate$51 18 %$62 18 %
First quarter 2022 and first quarter 2021 effective tax rates included adjustments to the provision for income taxes to reflect adjustments of prior years' income tax returns.

At March 31, 2022 and December 31, 2021, Eastman had $203 million and $200 million, respectively, in unrecognized tax benefits. At March 31, 2022, it is expected that, as a result of the resolution of federal, state, and foreign examinations and appeals, and the expiration of various statutes of limitation, the total amounts of unrecognized tax benefits could decrease by up to $25 million within the next 12 months.

Income tax incentives, in the form of tax holidays, have been granted to the Company in certain jurisdictions to attract investment and encourage industrial development. The expiration of these tax holidays varies by country. The tax holidays are conditional on the Company meeting certain requirements, including employment and investment thresholds; determination of compliance with these conditions may be subject to challenge by tax authorities in those jurisdictions. No individual tax holiday had a material impact to the Company's earnings in first quarter 2022 or 2021.