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SEGMENT INFORMATION | 12 Months Ended
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Dec. 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: Advanced Materials ("AM"), Additives & Functional Products ("AFP"), 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. To maintain comparability of segment financial statement information, the Company has moved the divested businesses from the AFP segment to "Other" and recast the segment financial information for sales revenue, EBIT, assets, depreciation and amortization expense, and capital expenditures related to the divested rubber additives product lines and related assets and technology and the divested adhesives resins business. Advanced Materials Segment In the AM segment, the Company produces and markets polymers, films, and plastics with differentiated performance properties for value-added end-uses in transportation; durables and electronics; building and construction; medical and pharma; and consumables end-markets. The advanced interlayers product line includes polyvinyl butyral sheet and specialty polyvinyl butyral intermediates. The performance films product line primarily consists of window films and protective films products for aftermarket applied films. The specialty plastics product line consists of two primary products: copolyesters and cellulosic biopolymers.
| Percentage of Total Segment Sales
Product Lines | 2022 | 2021 | 2020
Advanced Interlayers | 29% | 29% | 29%
Performance Films | 20% | 20% | 20%
Specialty Plastics | 51% | 51% | 51%
Total | 100% | 100% | 100%
| Percentage of Total Segment Sales
Sales by Customer Location | 2022 | 2021 | 2020
United States and Canada | 33% | 30% | 34%
Asia Pacific | 35% | 38% | 33%
Europe, Middle East, and Africa | 26% | 27% | 27%
Latin America | 6% | 5% | 6%
Total | 100% | 100% | 100%
Additives & Functional Products Segment In the AFP segment, the Company manufactures materials for products in the transportation; personal care and wellness; food, feed, and agriculture; building and construction; water treatment and energy; consumables; and durables and electronics end-markets. The products manufactured by the Company in the animal nutrition business consist of organic acid-based solutions product lines. The care additives business consists of amine derivative-based building blocks for the production of flocculants, intermediates for surfactants, fumigants, fungicides, and plant growth regulator products. The coatings additives product line can be broadly classified as polymers and additives and solvents and include specialty coalescents, specialty solvents, paint additives, and specialty polymers. In the specialty fluids product line, the Company produces heat transfer and aviation fluids products.
| Percentage of Total Segment Sales
Product Lines | 2022 | 2021 | 2020
Animal Nutrition | 14% | 12% | 12%
Care Additives | 34% | 32% | 34%
Coatings Additives | 34% | 38% | 36%
Specialty Fluids | 18% | 18% | 18%
Total | 100% | 100% | 100%
| Percentage of Total Segment Sales
Sales by Customer Location | 2022 | 2021 | 2020
United States and Canada | 39% | 38% | 38%
Asia Pacific | 24% | 27% | 26%
Europe, Middle East, and Africa | 31% | 29% | 30%
Latin America | 6% | 6% | 6%
Total | 100% | 100% | 100%
Chemical Intermediates Segment Eastman leverages large scale and vertical integration from the cellulosic biopolymers and acetyl, olefins, and alkylamines streams to support the Company's specialty operating segments with advantaged cost positions. The CI segment sells excess intermediates beyond the Company's internal specialty needs into end-markets such as industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. The functional amines product lines include methylamines and salts, and higher amines and solvents. In the intermediates product line, the Company produces olefin derivatives, acetyl derivatives, ethylene, and commodity solvents. The plasticizers product line consists of a unique set of primary non-phthalate and phthalate plasticizers and a range of niche non-phthalate plasticizers.
| Percentage of Total Segment Sales
Product Lines | 2022 | 2021 | 2020
Functional Amines | 24% | 21% | 23%
Intermediates | 56% | 57% | 57%
Plasticizers | 20% | 22% | 20%
Total | 100% | 100% | 100%
| Percentage of Total Segment Sales
Sales by Customer Location | 2022 | 2021 | 2020
United States and Canada | 70% | 70% | 65%
Asia Pacific | 7% | 8% | 13%
Europe, Middle East, and Africa | 17% | 16% | 16%
Latin America | 6% | 6% | 6%
Total | 100% | 100% | 100%
Fibers Segment In the Fibers segment, Eastman manufactures and sells acetate tow and triacetin plasticizers for use in filtration media, primarily cigarette filters; cellulosic staple fibers and filament yarn for use in apparel, home furnishings, and industrial fabrics; nonwoven media for use in filtration and friction applications, used primarily in transportation, industrial, and agricultural end-markets; and cellulose acetate flake and acetyl raw materials for other acetate fiber producers.
| Percentage of Total Segment Sales
Product Lines | 2022 | 2021 | 2020
Acetate Tow | 64% | 64% | 70%
Acetate Yarn | 14% | 14% | 9%
Acetyl Chemical Products | 16% | 16% | 16%
Nonwovens | 6% | 6% | 5%
Total | 100% | 100% | 100%
| Percentage of Total Segment Sales
Sales by Customer Location | 2022 | 2021 | 2020
United States and Canada | 25% | 25% | 26%
Asia Pacific | 35% | 35% | 32%
Europe, Middle East, and Africa | 37% | 37% | 39%
Latin America | 3% | 3% | 3%
Total | 100% | 100% | 100%
| For years ended December 31,
(Dollars in millions) | 2022 |  | 2021 |  | 2020
Sales by Segment |  |  |  |  |
Advanced Materials | $ | 3,207 |  |  | $ | 3,027 |  |  | $ | 2,524 |
Additives & Functional Products | 3,165 |  |  | 2,708 |  |  | 2,095 |
Chemical Intermediates | 3,026 |  |  | 2,849 |  |  | 2,090 |
Fibers | 1,022 |  |  | 900 |  |  | 837 |
Total Sales by Operating Segment | 10,420 |  |  | 9,484 |  |  | 7,546 |
Other (1) | 160 |  |  | 992 |  |  | 927 |
Total Sales | $ | 10,580 |  |  | $ | 10,476 |  |  | $ | 8,473 |
(1)"Other" includes sales revenue from the divested rubber additives and adhesives resins businesses.
| For years ended December 31,
(Dollars in millions) | 2022 |  | 2021 |  | 2020
Earnings (Loss) Before Interest and Taxes by Segment |  |  |  |  |
Advanced Materials | $ | 376 |  |  | $ | 519 |  |  | $ | 427 |
Additives & Functional Products | 483 |  |  | 448 |  |  | 382 |
Chemical Intermediates | 409 |  |  | 445 |  |  | 166 |
Fibers | 131 |  |  | 142 |  |  | 180 |
Total EBIT by Operating Segment | 1,399 |  |  | 1,554 |  |  | 1,155 |
Other (1) |  |  |  |  |
Growth initiatives and businesses not allocated to operating segments | (196) |  |  | (49) |  |  | (32) |
Pension and other postretirement benefit plans income (expense), net not allocated to operating segments | 70 |  |  | 375 |  |  | (156) |
Asset impairments and restructuring charges, net | (21) |  |  | (18) |  |  | (206) |
Net gain (loss) on divested businesses and related transaction costs | (61) |  |  | (570) |  |  | — |
Steam line incident costs, net of insurance proceeds | (39) |  |  | — |  |  | — |
Other income (charges), net not allocated to operating segments | 7 |  |  | (11) |  |  | (20) |
Total EBIT | $ | 1,159 |  |  | $ | 1,281 |  |  | $ | 741 |
(1)"Other" includes EBIT of $6 million in 2022 and loss before interest and taxes of $502 million and $70 million in 2021 and 2020, respectively, from the divested rubber additives and adhesives resins businesses.
| December 31,
(Dollars in millions) | 2022 |  | 2021
Assets by Segment (1) |  |  |
Advanced Materials | $ | 4,967 |  |  | $ | 4,661 |
Additives & Functional Products | 4,127 |  |  | 4,188 |
Chemical Intermediates | 2,695 |  |  | 2,703 |
Fibers | 1,046 |  |  | 972 |
Total Assets by Operating Segment | 12,835 |  |  | 12,524 |
Corporate Assets | 1,832 |  |  | 2,995 |
Total Assets | $ | 14,667 |  |  | $ | 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 and Other Assets were revised from $2,540 million to $1,988 million. Total assets were not impacted by the misclassification.
| For years ended December 31,
(Dollars in millions) | 2022 |  | 2021 |  | 2020
Depreciation and Amortization Expense by Segment |  |  |  |  |
Advanced Materials | $ | 163 |  |  | $ | 177 |  |  | $ | 187 |
Additives & Functional Products | 134 |  |  | 132 |  |  | 125 |
Chemical Intermediates | 112 |  |  | 111 |  |  | 108 |
Fibers | 61 |  |  | 60 |  |  | 56 |
Total Depreciation and Amortization Expense by Operating Segment | 470 |  |  | 480 |  |  | 476 |
Other (1) | 7 |  |  | 58 |  |  | 98 |
Total Depreciation and Amortization Expense | $ | 477 |  |  | $ | 538 |  |  | $ | 574 |
(1)"Other" includes depreciation and amortization expense from the divested rubber additives and adhesives resins businesses.
| For years ended December 31,
(Dollars in millions) | 2022 |  | 2021 |  | 2020
Capital Expenditures by Segment |  |  |  |  |
Advanced Materials | $ | 341 |  |  | $ | 280 |  |  | $ | 140 |
Additives & Functional Products | 98 |  |  | 97 |  |  | 79 |
Chemical Intermediates | 98 |  |  | 124 |  |  | 84 |
Fibers | 43 |  |  | 33 |  |  | 31 |
Total Capital Expenditures by Operating Segment | 580 |  |  | 534 |  |  | 334 |
Other (1) | 31 |  |  | 21 |  |  | 49 |
Total Capital Expenditures | $ | 611 |  |  | $ | 555 |  |  | $ | 383 |
(1)"Other" includes capital expenditures from the divested rubber additives and adhesives resins businesses. Sales are attributed to geographic areas based on customer location and long-lived assets are attributed to geographic areas based on asset location.
(Dollars in millions) | For years ended December 31,
Geographic Information | 2022 |  | 2021 |  | 2020
Sales |  |  |  |  |
United States | $ | 4,738 |  |  | $ | 4,397 |  |  | $ | 3,437 |
All foreign countries | 5,842 |  |  | 6,079 |  |  | 5,036 |
Total | $ | 10,580 |  |  | $ | 10,476 |  |  | $ | 8,473 |
| December 31,
| 2022 |  | 2021 |  | 2020
Net properties |  |  |  |  |
United States | $ | 4,180 |  |  | $ | 3,847 |  |  | $ | 4,106 |
All foreign countries | 980 |  |  | 1,149 |  |  | 1,443 |
Total | $ | 5,160 |  |  | $ | 4,996 |  |  | $ | 5,549 |

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- 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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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