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UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 461 $ 459
Trade receivables, net of allowance for doubtful accounts 1,137 1,091
Miscellaneous receivables 457 489
Inventories 1,975 1,504
Other current assets 75 96
Assets held for sale 0 1,007
Total current assets 4,105 4,646
Properties    
Properties and equipment at cost 12,645 12,680
Less: Accumulated depreciation 7,663 7,684
Net properties 4,982 4,996
Goodwill 3,644 3,641
Intangible assets, net of accumulated amortization 1,206 1,362
Other noncurrent assets 1,048 874
Total assets 14,985 15,519
Current liabilities    
Payables and other current liabilities 2,121 2,133
Borrowings due within one year 1,086 747
Liabilities held for sale 0 91
Total current liabilities 3,207 2,971
Long-term borrowings 3,979 4,412
Deferred income tax liabilities 756 810
Post-employment obligations 746 811
Other long-term liabilities 830 727
Total liabilities $ 9,518 $ 9,731
Common stock, shares issued (in shares) 222,337,739 221,809,309
Common stock, par value (in dollars per share) $ 0.01  
Stockholders' equity    
Common stock ($0.01 par value – 350,000,000 shares authorized; shares issued – 222,337,739 and 221,809,309 for 2022 and 2021, respectively) $ 2 $ 2
Additional paid-in capital 2,301 2,187
Retained earnings 9,065 8,557
Accumulated other comprehensive income (loss) (152) (182)
 Stockholder's Equity before Treasury Stock 11,216 10,564
Less: Treasury stock at cost (102,398,173 and 92,892,229 shares for 2022 and 2021, respectively) 5,832 4,860
Total Eastman stockholders' equity 5,384 5,704
Noncontrolling interest 83 84
Total equity 5,467 5,788
Total liabilities and stockholders' equity $ 14,985 $ 15,519
Treasury stock at cost (in shares) 102,398,173 92,892,229
Common stock, shares authorized (in shares) 350,000,000