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UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 194 $ 191
Trade receivables, net of allowance for doubtful accounts 1,430 1,026
Miscellaneous receivables 319 360
Inventories 1,476 1,509
Other current assets 64 57
Total current assets 3,483 3,143
Properties    
Properties and equipment at cost 12,520 12,370
Less: Accumulated depreciation 6,888 6,763
Net properties 5,632 5,607
Goodwill 4,540 4,527
Intangible assets, net of accumulated amortization 2,349 2,373
Other noncurrent assets 362 349
Total assets [1] 16,366 15,999
Current liabilities    
Payables and other current liabilities 1,440 1,589
Borrowings due within one year 589 393
Total current liabilities 2,029 1,982
Long-term borrowings 6,311 6,147
Deferred income tax liabilities 914 893
Post-employment obligations 951 963
Other long-term liabilities 541 534
Total liabilities 10,746 10,519
Stockholders' equity    
Common stock ($0.01 par value – 350,000,000 shares authorized; shares issued – 219,032,630 and 218,369,992 for 2018 and 2017, respectively) 2 2
Additional paid-in capital 2,004 1,983
Retained earnings 7,026 6,802
Accumulated other comprehensive income (loss) (212) (209)
Stockholder's Equity before Treasury Stock 8,820 8,578
Less: Treasury stock at cost (76,448,346 shares for 2018 and 75,454,111 shares for 2017) 3,275 3,175
Total Eastman stockholders' equity 5,545 5,403
Noncontrolling interest 75 77
Total equity 5,620 5,480
Total liabilities and stockholders' equity $ 16,366 $ 15,999
[1] Segment assets include accounts receivable, inventory, fixed assets, goodwill, and intangible assets.