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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2024
Stockholders' Equity Note [Abstract]  
Schedule of Reconciliation of the Changes in Stockholders' Equity
A reconciliation of the changes in stockholders' equity for 2024, 2023, and 2022 is provided below:
(Dollars in millions)Common Stock at Par ValueAdditional Paid-in CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)Treasury Stock at CostTotal Eastman Stockholders' EquityNoncontrolling InterestTotal Equity
Balance at December 31, 2021
$$2,187 $8,557 $(182)$(4,860)$5,704 $84 $5,788 
Net Earnings— — 793 — — 793 796 
Cash Dividends (1)
— — (377)— — (377)— (377)
Other Comprehensive (Loss)— — — (23)— (23)— (23)
Share-Based Compensation Expense (2)
— 69 — — — 69 — 69 
Stock Option Exercises— — — — — 
Other (3)
— (20)— — — (20)(4)(24)
Share Repurchase (4)
— 70 — — (1,072)(1,002)— (1,002)
Balance at December 31, 2022
$$2,315 $8,973 $(205)$(5,932)$5,153 $83 $5,236 
Net Earnings— — 894 — — 894 896 
Cash Dividends (1)
— — (377)— — (377)— (377)
Other Comprehensive Income— — — (114)— (114)— (114)
Share-Based Compensation Expense (2)
— 64 — — — 64 — 64 
Stock Option Exercises— — — — — 
Other (3)
— (14)— — (1)(15)(13)
Share Repurchase
— — — — (150)(150)— (150)
Distributions to noncontrolling interest— — — — — — (15)(15)
Balance at December 31, 2023
$$2,368 $9,490 $(319)$(6,083)$5,458 $72 $5,530 
Net Earnings— — 905 — — 905 908 
Cash Dividends (1)
— — (382)— — (382)— (382)
Other Comprehensive Income— — — — — 
Share-Based Compensation Expense (2)
— 63 — — — 63 — 63 
Stock Option Exercises— 41 — — — 41 — 41 
Other (3)
— (9)— — (2)(11)(1)(12)
Share Repurchase
— — — — (300)(300)— (300)
Distributions to noncontrolling interest— — — — — — (1)(1)
Balance at December 31, 2024
$$2,463 $10,013 $(314)$(6,385)$5,779 $73 $5,852 
(1)Cash dividends includes cash dividends paid and dividends declared, but unpaid.
(2)Share-based compensation expense is the fair value of share-based awards.
(3)Additional paid-in capital includes value of shares withheld for employees' taxes on vesting of share-based compensation awards.
(4)Additional paid-in capital in 2022 included the final settlement of the fourth quarter 2021 accelerated share repurchase program ("the 2021 ASR") and the favorable settlement of the second quarter 2022 accelerated share repurchase program (the "2022 ASR").
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
 For years ended December 31,
(In millions, except per share amounts)202420232022
Numerator
Net earnings attributable to Eastman$905 $894 $793 
Denominator
Weighted average shares used for basic EPS116.7 118.6 123.5 
Dilutive effect of stock options and other award plans1.2 0.8 1.4 
Weighted average shares used for diluted EPS117.9 119.4 124.9 
EPS (1)
Basic$7.75 $7.54 $6.42 
Diluted$7.67 $7.49 $6.35 
(1)     EPS is calculated using whole dollars and shares.
Schedule of Shares of Common Stock Issued
 For years ended December 31,
202420232022
Balance at beginning of year222,762,317 222,348,557 221,809,309 
Issued for employee compensation and benefit plans826,030 413,760 539,248 
Balance at end of year223,588,347 222,762,317 222,348,557 
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
 
(Dollars in millions)
Cumulative Translation AdjustmentBenefit Plans Unrecognized Prior Service CreditsUnrealized Gains (Losses) on Cash Flow HedgesUnrealized Losses on InvestmentsAccumulated Other Comprehensive Income (Loss)
Balance at December 31, 2022
$(230)$32 $(6)$(1)$(205)
Period change(67)(21)(26)— (114)
Balance at December 31, 2023
(297)11 (32)(1)(319)
Period change(20)(8)33 — 
Balance at December 31, 2024
$(317)$$$(1)$(314)
Schedule of Components of Comprehensive Income (Loss) Before Tax and Net of Tax Effects
Components of total other comprehensive income (loss) recorded in the Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings are presented below, before tax and net of tax effects:
For years ended December 31,
202420232022
(Dollars in millions)Before TaxNet of TaxBefore TaxNet of TaxBefore TaxNet of Tax
Change in cumulative translation adjustment$(1)$(20)$(56)$(67)$$
Defined benefit pension and other postretirement benefit plans:   
Amortization of unrecognized prior service credits included in net periodic costs(11)(8)(27)(21)(34)(27)
Derivatives and hedging:   
Unrealized gain (loss) during period24 18 (36)(27)71 53 
Reclassification adjustment for (gains) losses included in net income, net20 15 (75)(56)
Total other comprehensive income (loss)$32 $$(118)$(114)$(31)$(23)

For additional information regarding the impact of reclassifications into earnings, refer to Note 10, "Derivative and Non-Derivative Financial Instruments", and Note 11, "Retirement Plans".