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STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
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Dec. 31, 2022
Stockholders' Equity Note [Abstract] |
Schedule of Reconciliation of the Changes in Stockholders' Equity | A reconciliation of the changes in stockholders' equity for 2022, 2021, and 2020 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, 2019 | $ | 2 |  |  | $ | 2,105 |  |  | $ | 7,965 |  |  | $ | (214) |  |  | $ | (3,900) |  |  | $ | 5,958 |  |  | $ | 74 |  |  | $ | 6,032 |
Net Earnings | — |  |  | — |  |  | 478 |  |  | — |  |  | — |  |  | 478 |  |  | 11 |  |  | 489 |
Cash Dividends (1) | — |  |  | — |  |  | (363) |  |  | — |  |  | — |  |  | (363) |  |  | — |  |  | (363) |
Other Comprehensive (Loss) | — |  |  | — |  |  | — |  |  | (59) |  |  | — |  |  | (59) |  |  | — |  |  | (59) |
Share-Based Compensation Expense (2) | — |  |  | 44 |  |  | — |  |  | — |  |  | — |  |  | 44 |  |  | — |  |  | 44 |
Stock Option Exercises | — |  |  | 36 |  |  | — |  |  | — |  |  | — |  |  | 36 |  |  | — |  |  | 36 |
Other (3) | — |  |  | (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 (1) | — |  |  | — |  |  | (380) |  |  | — |  |  | — |  |  | (380) |  |  | — |  |  | (380) |
Other Comprehensive Income | — |  |  | — |  |  | — |  |  | 91 |  |  | — |  |  | 91 |  |  | — |  |  | 91 |
Share-Based Compensation Expense (2) | — |  |  | 70 |  |  | — |  |  | — |  |  | — |  |  | 70 |  |  | — |  |  | 70 |
Stock Option Exercises | — |  |  | 62 |  |  | — |  |  | — |  |  | — |  |  | 62 |  |  | — |  |  | 62 |
Other (3) | — |  |  | (19) |  |  | — |  |  | — |  |  | — |  |  | (19) |  |  | 3 |  |  | (16) |
Share Repurchase (4) | — |  |  | (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 |
Net Earnings | — |  |  | — |  |  | 793 |  |  | — |  |  | — |  |  | 793 |  |  | 3 |  |  | 796 |
Cash Dividends (1) | — |  |  | — |  |  | (377) |  |  | — |  |  | — |  |  | (377) |  |  | — |  |  | (377) |
Other Comprehensive Income | — |  |  | — |  |  | — |  |  | (23) |  |  | — |  |  | (23) |  |  | — |  |  | (23) |
Share-Based Compensation Expense (2) | — |  |  | 69 |  |  | — |  |  | — |  |  | — |  |  | 69 |  |  | — |  |  | 69 |
Stock Option Exercises | — |  |  | 9 |  |  | — |  |  | — |  |  | — |  |  | 9 |  |  | — |  |  | 9 |
Other (3) | — |  |  | (20) |  |  | — |  |  | — |  |  | — |  |  | (20) |  |  | (4) |  |  | (24) |
Share Repurchase (5) | — |  |  | 70 |  |  | — |  |  | — |  |  | (1,072) |  |  | (1,002) |  |  | — |  |  | (1,002) |
Balance at December 31, 2022 | $ | 2 |  |  | $ | 2,315 |  |  | $ | 8,973 |  |  | $ | (205) |  |  | $ | (5,932) |  |  | $ | 5,153 |  |  | $ | 83 |  |  | $ | 5,236 |
(1)Cash dividends includes cash dividends paid and dividends declared, but unpaid. (2)Share-based compensation expense is the fair value of share-based awards. (3)Additional paid-in capital includes value of shares withheld for employees' taxes on vesting of share-based compensation awards. (4)Additional paid-capital in 2021 included payment for repurchase of shares under the 2021 ASR which had not yet been delivered. (5)Additional paid-in capital in 2022 included the final settlement of the 2021 ASR and the favorable settlement of the second quarter 2022 accelerated share repurchase program (the "2022 ASR").
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
| For years ended December 31,
(In millions, except per share amounts) | 2022 |  | 2021 |  | 2020
Numerator |  |  |  |  |
Net earnings attributable to Eastman | $ | 793 |  |  | $ | 857 |  |  | $ | 478 |
Denominator |  |  |  |  |
Weighted average shares used for basic EPS | 123.5 |  |  | 134.9 |  |  | 135.5 |
Dilutive effect of stock options and other award plans | 1.4 |  |  | 2.2 |  |  | 1.0 |
Weighted average shares used for diluted EPS | 124.9 |  |  | 137.1 |  |  | 136.5 |
EPS (1) |  |  |  |  |
Basic | $ | 6.42 |  |  | $ | 6.35 |  |  | $ | 3.53 |
Diluted | $ | 6.35 |  |  | $ | 6.25 |  |  | $ | 3.50 |
(1) EPS is calculated using whole dollars and shares.
Schedule of Shares of Common Stock Issued |
| For years ended December 31,
| 2022 |  | 2021 |  | 2020
Balance at beginning of year | 221,809,309 |  |  | 220,641,506 |  |  | 219,638,646 |
Issued for employee compensation and benefit plans | 539,248 |  |  | 1,167,803 |  |  | 1,002,860 |
Balance at end of year | 222,348,557 |  |  | 221,809,309 |  |  | 220,641,506 |
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, 2020 | $ | (293) |  |  | $ | 87 |  |  | $ | (66) |  |  | $ | (1) |  |  | $ | (273) |
Period change | 56 |  |  | (28) |  |  | 63 |  |  | — |  |  | 91 |
Balance at December 31, 2021 | (237) |  |  | 59 |  |  | (3) |  |  | (1) |  |  | (182) |
Period change | 7 |  |  | (27) |  |  | (3) |  |  | — |  |  | (23) |
Balance at December 31, 2022 | $ | (230) |  |  | $ | 32 |  |  | $ | (6) |  |  | $ | (1) |  |  | $ | (205) |
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,
| 2022 |  | 2021 |  | 2020
(Dollars in millions) | Before Tax |  | Net of Tax |  | Before Tax |  | Net of Tax |  | Before Tax |  | Net of Tax
Change in cumulative translation adjustment | $ | 7 |  |  | $ | 7 |  |  | $ | 56 |  |  | $ | 56 |  |  | $ | (29) |  |  | $ | (29) |
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 | (34) |  |  | (27) |  |  | (38) |  |  | (28) |  |  | (38) |  |  | (28) |
Derivatives and hedging: |  |  |  |  |  |  |  |  |  |  |
Unrealized gain (loss) during period | 71 |  |  | 53 |  |  | 88 |  |  | 66 |  |  | (46) |  |  | (34) |
Reclassification adjustment for (gains) losses included in net income, net | (75) |  |  | (56) |  |  | (4) |  |  | (3) |  |  | 31 |  |  | 23 |
Total other comprehensive income (loss) | $ | (31) |  |  | $ | (23) |  |  | $ | 102 |  |  | $ | 91 |  |  | $ | (70) |  |  | $ | (59) |
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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