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UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 499 $ 548
Trade receivables, net of allowance for credit losses 926 826
Miscellaneous receivables 348 328
Inventories 1,769 1,683
Other current assets 96 96
Total current assets 3,638 3,481
Properties    
Properties and equipment at cost 13,651 13,574
Less: Accumulated depreciation 8,116 8,026
Net properties 5,535 5,548
Goodwill 3,644 3,646
Intangible assets, net of accumulated amortization 1,110 1,138
Other noncurrent assets 821 820
Total assets 14,748 14,633
Current liabilities    
Payables and other current liabilities 1,878 2,035
Borrowings due within one year 740 541
Total current liabilities 2,618 2,576
Long-term borrowings 4,340 4,305
Deferred income tax liabilities 588 601
Post-employment obligations 663 667
Other long-term liabilities 931 954
Total liabilities 9,140 9,103
Stockholders' equity    
Common stock ($0.01 par value – 350,000,000 shares authorized; shares issued – 223,068,055 and 222,762,317 as of March 31, 2024 and December 31, 2023, respectively) 2 2
Additional paid-in capital 2,388 2,368
Retained earnings 9,559 9,490
Accumulated other comprehensive income (loss) (328) (319)
 Stockholder's Equity before Treasury Stock 11,621 11,541
Less: Treasury stock at cost (105,469,354 shares as of March 31, 2024 and December 31, 2023) 6,083 6,083
Total Eastman stockholders' equity 5,538 5,458
Noncontrolling interest 70 72
Total equity 5,608 5,530
Total liabilities and stockholders' equity $ 14,748 $ 14,633
Common stock, par value (in dollars per share) $ 0.01  
Common stock, shares authorized (in shares) 350,000,000  
Common stock, shares issued (in shares) 223,068,055 222,762,317
Treasury stock at cost (in shares) 105,469,354 105,469,354