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UNAUDITED CONSOLIDATED STATEMENTS OF EARNINGS, COMPREHENSIVE INCOME AND RETAINED EARNINGS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Sales $ 2,324 $ 2,784 $ 4,736 $ 5,498
Cost of sales 1,740 2,114 3,623 4,278
Gross profit 584 670 1,113 1,220
Selling, general and administrative expenses 185 185 376 381
Research and development expenses 60 67 122 132
Asset impairments and restructuring charges, net 0 19 22 21
Other components of post-employment (benefit) cost, net (3) (34) (6) (65)
Other (income) charges, net 19 14 30 2
Gain on divested business 0 (7) 0 (10)
Earnings before interest and taxes 323 426 569 759
Net interest expense 54 45 106 91
Earnings before income taxes 269 381 463 668
(Benefit from) provision for income taxes (3) 124 57 175
Net earnings 272 257 406 493
Less: Net earnings attributable to noncontrolling interest 0 1 0 2
Net earnings attributable to Eastman $ 272 $ 256 $ 406 $ 491
Earnings Per Share, Basic [Abstract]        
Basic earnings per share attributable to Eastman $ 2.28 $ 2.05 $ 3.41 $ 3.87
Diluted earnings per share attributable to Eastman        
Diluted earnings per share attributable to Eastman $ 2.27 $ 2.03 $ 3.39 $ 3.82
Comprehensive Income        
Net earnings including noncontrolling interest $ 272 $ 257 $ 406 $ 493
Other comprehensive income (loss), net of tax:        
Change in cumulative translation adjustment (42) 16 (43) 23
Defined benefit pension and other postretirement benefit plans:        
Amortization of unrecognized prior service credits (5) (9) (10) (15)
Derivatives and hedging:        
Unrealized gain (loss) during period (5) 27 (12) 67
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax 1 (32) (1) (36)
Total other comprehensive income (loss), net of tax (51) 2 (66) 39
Comprehensive income including noncontrolling interest 221 259 340 532
Less: Net earnings attributable to noncontrolling interest 0 1 0 2
Comprehensive income attributable to Eastman 221 258 340 530
Retained Earnings        
Retained earnings at beginning of period 9,013 8,694 8,973 8,557
Net earnings attributable to Eastman 272 256 406 491
Cash dividends declared (95) (93) (189) (191)
Retained earnings at end of period $ 9,190 $ 8,857 $ 9,190 $ 8,857