XML 36 R21.htm IDEA: XBRL DOCUMENT v3.20.2
SEGMENT AND REGIONAL SALES INFORMATION
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT AND REGIONAL SALES INFORMATION
Eastman's products and operations are managed and reported in four operating segments: Additives & Functional Products ("AFP"), Advanced Materials ("AM"), Chemical Intermediates ("CI"), and Fibers. The economic factors that impact the nature, amount, timing, and uncertainty of revenue and cash flows vary between the Company's business operating segments and the geographical regions in which they serve. For disaggregation of revenue by major product lines and regions for each business operating segment, see Note 19, "Segment and Regional Sales Information", to the consolidated financial statements in Part II, Item 8 of the Company's 2019 Annual Report on Form 10-K. For additional financial information for each segment, see Part I, Item 1, "Business - Business Segments", in the Company's 2019 Annual Report on Form 10-K.

(Dollars in millions)Second QuarterFirst Six Months
Sales by Segment2020201920202019
Additives & Functional Products$685  $823  $1,507  $1,678  
Advanced Materials567  696  1,182  1,353  
Chemical Intermediates461  631  1,053  1,286  
Fibers211  213  423  426  
Total Sales$1,924  $2,363  $4,165  $4,743  
(Dollars in millions)Second QuarterFirst Six Months
Earnings (Loss) Before Interest and Taxes by Segment2020201920202019
Additives & Functional Products $(56) $147  $87  $293  
Advanced Materials 64  145  164  247  
Chemical Intermediates 20  63  100  136  
Fibers 46  51  99  93  
Total Earnings Before Interest and Taxes by Operating Segment74  406  450  769  
Other  
Growth initiatives and businesses not allocated to operating segments(28) (25) (51) (52) 
Pension and other postretirement benefits income (expense), net not allocated to operating segments20  11  41  23  
Asset impairments and restructuring charges, net(11) (18) (11) (46) 
Other income (charges), net not allocated to operating segments(1) (3) (7) (3) 
Total Earnings Before Interest and Taxes$54  $371  $422  $691  

(Dollars in millions)June 30,December 31,
Assets by Segment (1)
20202019
Additives & Functional Products$6,077  $6,387  
Advanced Materials4,304  4,415  
Chemical Intermediates2,615  2,775  
Fibers994  1,014  
Total Assets by Operating Segment13,990  14,591  
Corporate Assets1,983  1,417  
Total Assets$15,973  $16,008  
(1)Segment assets include accounts receivable, inventory, fixed assets, goodwill, and intangible assets.

(Dollars in millions)Second QuarterFirst Six Months
Sales by Customer Location2020201920202019
United States and Canada$786  $995  $1,766  $1,995  
Asia Pacific523  574  1,018  1,127  
Europe, Middle East, and Africa526  649  1,157  1,338  
Latin America89  145  224  283  
Total Sales$1,924  $2,363  $4,165  $4,743