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LEASES AND OTHER COMMITMENTS LEASES AND OTHER COMMITMENTS (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity [Table Text Block] As of December 31, 2022, reconciliation of lease payments and operating lease liabilities is provided below:
(Dollars in millions)Operating lease liabilities
2023$58 
202446 
202537 
202626 
202717 
2028 and beyond38 
Total lease payments222 
Less: amounts of lease payments representing interest20 
Present value of future lease payments202 
Less: current obligations under leases52 
Long-term lease obligations$150 
As of December 31, 2021, reconciliation of lease payments and operating lease liabilities is provided below:
(Dollars in millions)Operating lease liabilities
2022$55 
202344 
202431 
202524 
202618 
2027 and beyond53 
Total lease payments225 
Less: amounts of lease payments representing interest18 
Present value of future lease payments207 
Less: current obligations under leases50 
Long-term lease obligations$157 
The Company has operating leases, primarily leases for railcars, with terms that require the Company to guarantee a portion of the residual value of the leased assets upon termination of the lease that will expire beginning third quarter 2023. Residual guarantee payments that become probable and estimable are recognized as rent expense over the remaining life of the applicable lease. Management's current expectation is that the likelihood of material residual guarantee payments is remote.
Lease, Cost [Table Text Block]
(Dollars in millions)202220212020
Lease costs:
Operating lease costs$67$71$73
Short-term lease costs454037
Sublease income(13)(4)(4)
Total$99$107$106
December 31,
(Dollars in millions)20222021
Other operating lease information:
Cash paid for amounts included in the measurement of lease liabilities$67$69
Right-to-use assets obtained in exchange for new lease liabilities$69$110
Weighted-average remaining lease term, in years66
Weighted-average discount rate3.2 %2.7 %
Other Commitments [Table Text Block] Eastman's obligations are summarized in the following table.
(Dollars in millions)Payments Due for
PeriodDebt SecuritiesCredit Facilities and OtherInterest PayablePurchase ObligationsOperating LeasesOther LiabilitiesTotal
2023$800 $326 $180 $166 $58 $207 $1,737 
2024241 — 162 170 46 80 699 
2025693 — 143 140 37 88 1,101 
2026530 — 131 118 26 86 891 
2027196 499 97 112 17 102 1,023 
2028 and beyond1,866 — 1,091 2,366 38 912 6,273 
Total$4,326 $825 $1,804 $3,072 $222 $1,475 $11,724