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QUARTERLY SALES AND EARNINGS DATA-UNAUDITED
12 Months Ended
Dec. 31, 2016
Quarterly Financial Data [Abstract]  
QUARTERLY SALES AND EARNINGS DATA-UNAUDITED
QUARTERLY SALES AND EARNINGS DATA – UNAUDITED
(Dollars in millions, except per share amounts)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
2016
 
 
 
 
 
 
 
Sales
$
2,236

 
$
2,297

 
$
2,287

 
$
2,188

Gross profit
634

 
605

 
621

 
490

Asset impairments and restructuring (gains) charges, net
(2
)
 

 
30

 
17

Net earnings attributable to Eastman
251

 
255

 
232

 
116

Net earnings per share attributable to Eastman(1)
 

 
 

 
 

 
 

Basic
$
1.70

 
$
1.73

 
$
1.57

 
$
0.79

Diluted
1.69

 
1.71

 
1.56

 
0.79


(1) 
Each quarter is calculated as a discrete period; the sum of the four quarters may not equal the calculated full year amount.
(Dollars in millions, except per share amounts)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
2015
 
 
 
 
 
 
 
Sales
$
2,443

 
$
2,533

 
$
2,447

 
$
2,225

Gross profit
656

 
720

 
695

 
509

Asset impairments and restructuring charges, net
109

 

 
21

 
53

Net earnings attributable to Eastman
171

 
297

 
256

 
124

Net earnings per share attributable to Eastman(1)
 
 
 
 
 
 
 
Basic
$
1.15

 
$
2.00

 
$
1.73

 
$
0.83

Diluted
1.14

 
1.98

 
1.71

 
0.83


(1) 
Each quarter is calculated as a discrete period; the sum of the four quarters may not equal the calculated full year amount.