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STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2025

Stockholders' Equity Note [Abstract]

Reconciliation of the changes in stockholders' equity

Reconciliations of the changes in stockholders' equity for third quarter and first nine months 2025 and 2024 are provided below:

(Dollars in millions, except per share amount)			Common Stock at Par Value						Additional Paid-in Capital						Retained Earnings						Accumulated Other Comprehensive Income (Loss)						Treasury Stock at Cost						Total Eastman Stockholders' Equity						Noncontrolling Interest						Total Equity
Balance at June 30, 2025			$	2					$	2,478					$	10,143					$	(353)					$	(6,435)					$	5,835					$	71					$	5,906
Net Earnings			—						—						47						—						—						47						—						47
Cash Dividends Declared (1) ($0.83 per share)			—						—						(95)						—						—						(95)						—						(95)
Other Comprehensive Income (Loss)			—						—						—						22						—						22						—						22
Share-Based Compensation Expense (2)			—						13						—						—						—						13						—						13
Other			—						—						—						—						(1)						(1)						1						—
Share Repurchases			—						—						—						—						(50)						(50)						—						(50)
Balance at September 30, 2025			$	2					$	2,491					$	10,095					$	(331)					$	(6,486)					$	5,771					$	72					$	5,843

(Dollars in millions, except per share amount)			Common Stock at Par Value						Additional Paid-in Capital						Retained Earnings						Accumulated Other Comprehensive Income (Loss)						Treasury Stock at Cost						Total Eastman Stockholders' Equity						Noncontrolling Interest						Total Equity
Balance at June 30, 2024			$	2					$	2,417					$	9,694					$	(302)					$	(6,184)					$	5,627					$	72					$	5,699
Net Earnings			—						—						180						—						—						180						1						181
Cash Dividends Declared (1) ($0.81 per share)			—						—						(94)						—						—						(94)						—						(94)
Other Comprehensive Income (Loss)			—						—						—						24						—						24						—						24
Share-Based Compensation Expense (2)			—						14						—						—						—						14						—						14
Stock Option Exercises			—						4						—						—						—						4						—						4
Other			—						—						—						—						(1)						(1)						1						—
Share Repurchases			—						—						—						—						(100)						(100)						—						(100)
Balance at September 30, 2024			$	2					$	2,435					$	9,780					$	(278)					$	(6,285)					$	5,654					$	74					$	5,728

(1)Cash dividends declared consists of cash dividends paid and dividends declared but unpaid.

(2)Share-based compensation expense is based on the fair value of share-based awards.

(Dollars in millions, except per share amount)			Common Stock at Par Value						Additional Paid-in Capital						Retained Earnings						Accumulated Other Comprehensive Income (Loss)						Treasury Stock at Cost						Total Eastman Stockholders' Equity						Noncontrolling Interest						Total Equity
Balance at December 31, 2024			$	2					$	2,463					$	10,013					$	(314)					$	(6,385)					$	5,779					$	73					$	5,852
Net Earnings			—						—						369						—						—						369						1						370
Cash Dividends Declared (1) ($2.49 per share)			—						—						(287)						—						—						(287)						—						(287)
Other Comprehensive Income (Loss)			—						—						—						(17)						—						(17)						—						(17)
Share-Based Compensation Expense (2)			—						38						—						—						—						38						—						38
Stock Option Exercises			—						2						—						—						—						2						—						2
Other (3)			—						(12)						—						—						(1)						(13)						1						(12)
Share Repurchases			—						—						—						—						(100)						(100)						—						(100)
Distributions to Noncontrolling Interest			—						—						—						—						—						—						(3)						(3)
Balance at September 30, 2025			$	2					$	2,491					$	10,095					$	(331)					$	(6,486)					$	5,771					$	72					$	5,843

(Dollars in millions, except per share amount)			Common Stock at Par Value						Additional Paid-in Capital						Retained Earnings						Accumulated Other Comprehensive Income (Loss)						Treasury Stock at Cost						Total Eastman Stockholders' Equity						Noncontrolling Interest						Total Equity
Balance at December 31, 2023			$	2					$	2,368					$	9,490					$	(319)					$	(6,083)					$	5,458					$	72					$	5,530
Net Earnings			—						—						575						—						—						575						2						577
Cash Dividends Declared (1) ($2.43 per share)			—						—						(285)						—						—						(285)						—						(285)
Other Comprehensive Income (Loss)			—						—						—						41						—						41						—						41
Share-Based Compensation Expense (2)			—						49						—						—						—						49						—						49
Stock Option Exercises			—						26						—						—						—						26						—						26
Other (3)			—						(8)						—						—						(2)						(10)						1						(9)
Share Repurchases			—						—						—						—						(200)						(200)						—						(200)
Distributions to Noncontrolling Interest			—						—						—						—						—						—						(1)						(1)
Balance at September 30, 2024			$	2					$	2,435					$	9,780					$	(278)					$	(6,285)					$	5,654					$	74					$	5,728

(1)Cash dividends declared consists of cash dividends paid and dividends declared but unpaid.

(2)Share-based compensation expense is based on the fair value of share-based awards.

(3)Additional paid-in capital includes the value of shares withheld for employees' taxes on vesting of share-based compensation awards.

Accumulated Other Comprehensive Income (Loss)

(Dollars in millions)			Cumulative Translation Adjustment						Benefit Plans Unrecognized Prior Service Credits						Unrealized Gains (Losses) on Derivative Instruments						Unrealized Losses on Investments						Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2023			$	(297)					$	11					$	(32)					$	(1)					$	(319)
Period change			(20)						(8)						33						—						5
Balance at December 31, 2024			(317)						3						1						(1)						(314)
Period change			17						—						(34)						—						(17)
Balance at September 30, 2025			$	(300)					$	3					$	(33)					$	(1)					$	(331)

Schedule of components of comprehensive income (loss) before tax and net of tax effects

Components of OCI recognized in the Unaudited Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings are presented below, before tax and net of tax effects:

			Third Quarter
			2025												2024
(Dollars in millions)			Before Tax						Net of Tax						Before Tax						Net of Tax
Other comprehensive income (loss)
Change in cumulative translation adjustment			$	19					$	15					$	26					$	39
Defined benefit pension and other postretirement benefit plans:
Amortization of unrecognized prior service credits			—						—						(2)						(2)
Derivatives and hedging:
Unrealized gain (loss) during period			1						1						(17)						(13)
Reclassification adjustment for (gains) losses included in net income, net			8						6						—						—
Total other comprehensive income (loss)			$	28					$	22					$	7					$	24
			First Nine Months
			2025												2024
(Dollars in millions)			Before Tax						Net of Tax						Before Tax						Net of Tax
Other comprehensive income (loss)
Change in cumulative translation adjustment			$	(25)					$	17					$	37					$	38
Defined benefit pension and other postretirement benefit plans:
Amortization of unrecognized prior service credits			—						—						(7)						(6)
Derivatives and hedging:
Unrealized gain (loss) during period			(59)						(44)						(8)						(6)
Reclassification adjustment for (gains) losses included in net income, net			13						10						19						15
Total other comprehensive income (loss)			$	(71)					$	(17)					$	41					$	41

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
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-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481694/830-30-45-20

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Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

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-Name Accounting Standards Codification
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