EASTMAN CHEMICAL CO
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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FY2024 · Filed Feb 14, 2025
EMN$65.45+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Financial Position
| December 31, | December 31, | |
|---|---|---|
| (Dollars in millions, except per share amounts) | 2024 | 2023 |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $837 | $548 |
| Trade receivables, net of allowance for credit losses | 791 | 826 |
| Miscellaneous receivables | 381 | 328 |
| Inventories | 1,988 | 1,683 |
| Other current assets | 104 | 96 |
| Total current assets | 4,101 | 3,481 |
| Properties | ||
| Properties and equipment at cost | 13,985 | 13,574 |
| Less: Accumulated depreciation | 8,370 | 8,026 |
| Net properties | 5,615 | 5,548 |
| Goodwill | 3,632 | 3,646 |
| Intangible assets, net of accumulated amortization | 1,032 | 1,138 |
| Other noncurrent assets | 833 | 820 |
| Total assets | $15,213 | $14,633 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities | ||
| Payables and other current liabilities | $2,258 | $2,035 |
| Borrowings due within one year | 450 | 541 |
| Total current liabilities | 2,708 | 2,576 |
| Long-term borrowings | 4,567 | 4,305 |
| Deferred income tax liabilities | 533 | 601 |
| Post-employment obligations | 630 | 667 |
| Other long-term liabilities | 923 | 954 |
| Total liabilities | 9,361 | 9,103 |
| Commitments and contingencies (Note 12) | ||
| Stockholders' equity | ||
| Common stock ($0.01 par value per share – 350,000,000 shares authorized; shares issued – 223,588,347 and 222,762,317 on December 31, 2024 and 2023, respectively) | 2 | 2 |
| Additional paid-in capital | 2,463 | 2,368 |
| Retained earnings | 10,013 | 9,490 |
| Accumulated other comprehensive loss | (314) | (319) |
| 12,164 | 11,541 | |
| Less: Treasury stock at cost (108,470,763 and 105,469,354 shares on December 31, 2024 and 2023, respectively) | 6,385 | 6,083 |
| Total Eastman stockholders' equity | 5,779 | 5,458 |
| Noncontrolling interest | 73 | 72 |
| Total equity | 5,852 | 5,530 |
| Total liabilities and stockholders' equity | $15,213 | $14,633 |
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