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UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 439 $ 493
Trade receivables, net of allowance for credit losses 880 957
Miscellaneous receivables 269 320
Inventories 1,721 1,894
Other current assets 72 114
Assets held for sale 186 0
Total current assets 3,567 3,778
Properties    
Properties and equipment at cost 13,382 12,942
Less: Accumulated depreciation 7,956 7,782
Net properties 5,426 5,160
Goodwill 3,643 3,664
Intangible assets, net of accumulated amortization 1,148 1,210
Other noncurrent assets 810 855
Total assets 14,594 14,667 Close
Current liabilities    
Payables and other current liabilities 1,940 2,125
Borrowings due within one year 640 1,126
Liabilities held for sale 35 0
Total current liabilities 2,615 3,251
Long-term borrowings 4,580 4,025
Deferred income tax liabilities 549 671
Post-employment obligations 611 628
Other long-term liabilities 815 856
Total liabilities 9,170 9,431 Close
Stockholders' equity    
Common stock ($0.01 par value – 350,000,000 shares authorized; shares issued – 222,737,414 and 222,348,557 as of September 30, 2023 and December 31, 2022, respectively) 2 2
Additional paid-in capital 2,352 2,315
Retained earnings 9,274 8,973
Accumulated other comprehensive income (loss) (294) (205)
 Stockholder's Equity before Treasury Stock 11,334 11,085
Less: Treasury stock at cost (104,224,199 and 103,602,488 shares as of September 30, 2023 and December 31, 2022, respectively) 5,982 5,932
Total Eastman stockholders' equity 5,352 5,153
Noncontrolling interest 72 83
Total equity 5,424 5,236 Close
Total liabilities and stockholders' equity $ 14,594 $ 14,667
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) 222,737,414 222,348,557
Treasury stock at cost (in shares) 104,224,199 103,602,488