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SEGMENT AND REGIONAL SALES INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Segment Information Disclosure |
| First Quarter 2025
| Advanced Materials |  | Additives & Functional Products |  | Chemical Intermediates |  | Fibers |  | Total Operating Segments |  | Other |  | Total Consolidated
Depreciation and amortization expense | 50 |  |  | 35 |  |  | 24 |  |  | 16 |  |  | 125 |  |  | 1 |  |  | 126 |
Capital expenditures | 97 |  |  | 15 |  |  | 19 |  |  | 8 |  |  | 139 |  |  | 8 |  |  | 147 |
(1)Other segment items for each reportable segment includes research and development expenses, other components of post-employment (benefit) cost, net and other (income) charges, net. (2)Other is not considered an operating segment. Other includes the following which are not allocated to operating segments: 1) sales and costs from growth initiatives and businesses, 2) pension and other postretirement benefit plans income (expense), net, and 3) other income (charges), net. (3)See Note 11, "Asset Impairments, Restructuring, and Other Charges, Net", for a description of included items.
| First Quarter 2024
| Advanced Materials |  | Additives & Functional Products |  | Chemical Intermediates |  | Fibers |  | Total Operating Segments |  | Other |  | Total Consolidated
Depreciation and amortization expense | 49 |  |  | 36 |  |  | 25 |  |  | 16 |  |  | 126 |  |  | 1 |  |  | 127 |
Capital expenditures | 150 |  |  | 11 |  |  | 11 |  |  | 6 |  |  | 178 |  |  | 7 |  |  | 185 |
(1)Other segment items for each reportable segment includes research and development expenses, other components of post-employment (benefit) cost, net and other (income) charges, net. (2)Other is not considered an operating segment. Other includes the following which are not allocated to operating segments: 1) sales and costs from growth initiatives and businesses, 2) pension and other postretirement benefit plans income (expense), net, and 3) other income (charges), net. (3)See Note 11, "Asset Impairments, Restructuring, and Other Charges, Net", for a description of included items.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
| First Quarter 2025
(Dollars in millions) | Advanced Materials |  | Additives & Functional Products |  | Chemical Intermediates |  | Fibers |  | Total Operating Segments
Sales | $ | 719 |  |  | $ | 733 |  |  | $ | 545 |  |  | $ | 288 |  |  | $ | 2,285 |
Cost of sales | 511 |  |  | 526 |  |  | 492 |  |  | 176 |  |  | 1,705 |
Selling, general and administrative expenses | 69 |  |  | 51 |  |  | 28 |  |  | 19 |  |  | 167 |
Other segment items (1) | 23 |  |  | 15 |  |  | 6 |  |  | 5 |  |  | 49 |
Adjusted EBIT | 116 |  |  | 141 |  |  | 19 |  |  | 88 |  |  | 364 |
Reconciliation of segment Adjusted EBIT to consolidated earnings before income taxes ("EBT"): |
Other adjusted EBIT (2) |  |  |  |  |  |  |  |  | (53) |
Non-core items impacting EBIT |  |  |  |
Asset impairments, restructuring, and other charges, net (3) |  |  |  | (9) |
Net interest expense |  |  |  | (49) |
Consolidated EBT |  |  |  |  |  |  |  |  | $ | 253 |
| First Quarter 2024
(Dollars in millions) | Advanced Materials |  | Additives & Functional Products |  | Chemical Intermediates |  | Fibers |  | Total Operating Segments
Sales | $ | 748 |  |  | $ | 704 |  |  | $ | 523 |  |  | $ | 331 |  |  | $ | 2,306 |
Cost of sales | 546 |  |  | 527 |  |  | 470 |  |  | 190 |  |  | 1,733 |
Selling, general and administrative expenses | 77 |  |  | 53 |  |  | 31 |  |  | 20 |  |  | 181 |
Other segment items (1) | 21 |  |  | 15 |  |  | 6 |  |  | 4 |  |  | 46 |
Adjusted EBIT | 104 |  |  | 109 |  |  | 16 |  |  | 117 |  |  | 346 |
Reconciliation of segment Adjusted EBIT to consolidated EBT: |
Other adjusted EBIT (2) |  |  |  |  |  |  |  |  | (72) |
Non-core items impacting EBIT |  |  |  |
Asset impairments, restructuring, and other charges, net (3) |  |  |  | (11) |
Net interest expense |  |  |  |  |  |  |  |  | (49) |
Consolidated EBT |  |  |  |  |  |  |  |  | $ | 214 |
Reconciliation of Assets from Segment to Consolidated |
(Dollars in millions) | First Quarter |  |
Sales by Segment | 2025 |  | 2024 |  |  |  |
Advanced Materials | $ | 719 |  |  | $ | 748 |  |  |  |  |
Additives & Functional Products | 733 |  |  | 704 |  |  |  |  |
Chemical Intermediates | 545 |  |  | 523 |  |  |  |  |
Fibers | 288 |  |  | 331 |  |  |  |  |
Total Sales by Operating Segment | 2,285 |  |  | 2,306 |  |  |  |  |
Other | 5 |  |  | 4 |  |  |  |  |
Total Sales | $ | 2,290 |  |  | $ | 2,310 |  |  |  |  |
| March 31, |  | December 31, 2024
(Dollars in millions) | 2025 |
Assets by Segment (1) |  |  |
Advanced Materials | $ | 5,875 |  |  | $ | 5,735 |
Additives & Functional Products | 4,660 |  |  | 4,608 |
Chemical Intermediates | 1,625 |  |  | 1,586 |
Fibers | 1,076 |  |  | 1,075 |
Total Assets by Operating Segment | 13,236 |  |  | 13,004 |
Corporate Assets | 1,735 |  |  | 2,209 |
Total Assets | $ | 14,971 |  |  | $ | 15,213 |
(1)Segment assets include accounts receivable, inventory, fixed assets, goodwill, and intangible assets.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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