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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 837 $ 548
Trade receivables, net of allowance for credit losses 791 826
Miscellaneous receivables 381 328
Inventories 1,988 1,683
Other current assets 104 96
Total current assets 4,101 3,481
Properties    
Properties and equipment at cost 13,985 13,574
Less:  Accumulated depreciation 8,370 8,026
Net properties 5,615 5,548
Goodwill 3,632 3,646
Intangible assets, net of accumulated amortization 1,032 1,138
Other noncurrent assets 833 820
Total assets 15,213 14,633
Current liabilities    
Payables and other current liabilities 2,258 2,035
Borrowings due within one year 450 541
Total current liabilities 2,708 2,576
Long-term borrowings 4,567 4,305
Deferred income tax liabilities 533 601
Post-employment obligations 630 667
Other long-term liabilities 923 954
Total liabilities $ 9,361 $ 9,103
Common stock, shares issued (in shares) 223,588,347 222,762,317
Common Stock, Shares Authorized 350,000,000 350,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Stockholders' equity    
Common stock ($0.01 par value per share – 350,000,000 shares authorized; shares issued – 223,588,347 and 222,762,317 on December 31, 2024 and 2023, respectively) $ 2 $ 2
Additional paid-in capital 2,463 2,368
Retained earnings 10,013 9,490
Accumulated other comprehensive loss (314) (319)
Total stockholders' equity before treasury stock $ 12,164 $ 11,541
Treasury stock at cost (in shares) 108,470,763 105,469,354
Less: Treasury stock at cost (108,470,763 and 105,469,354 shares on December 31, 2024 and 2023, respectively) $ 6,385 $ 6,083
Total Eastman stockholders' equity 5,779 5,458
Noncontrolling interest 73 72
Total equity 5,852 5,530
Total liabilities and stockholders' equity $ 15,213 $ 14,633