Eastman chemical co (EMN)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Sales

9,134

9,273

9,444

9,666

9,924

10,151

10,137

10,055

9,853

9,549

9,375

9,197

9,075

9,008

9,045

9,205

9,441

9,648

9,772

9,738

9,665

9,527

9,443

9,368

9,348

9,350

9,254

9,175

8,588

8,102

7,656

7,209

7,241

7,178

6,918

6,613

6,230

5,842

5,056

4,886

4,637

4,396

5,538

0

0

0

Cost of sales

6,897

7,039

7,241

7,309

7,452

7,672

7,667

7,642

7,514

7,186

6,972

6,844

6,747

6,651

6,676

6,762

6,883

7,068

7,368

7,393

7,383

7,306

6,761

6,633

6,593

6,574

6,947

7,032

6,641

6,340

6,015

5,660

5,699

5,609

5,217

4,923

4,630

4,383

3,724

3,648

3,523

3,420

4,449

0

0

0

Gross profit

2,237

2,234

2,203

2,357

2,472

2,479

2,470

2,413

2,339

2,363

2,403

2,353

2,328

2,357

2,369

2,443

2,558

2,580

2,404

2,345

2,282

2,221

2,682

2,735

2,755

2,776

2,307

2,143

1,947

1,762

1,641

1,549

1,542

1,569

1,701

1,690

1,600

1,459

1,332

1,238

1,114

976

1,089

0

0

0

Selling, general and administrative expenses

664

691

682

694

718

721

743

748

740

729

709

710

703

707

752

754

774

771

801

789

767

755

646

634

642

645

734

748

689

644

561

502

499

481

463

463

447

434

394

384

380

379

403

0

0

0

Research and development expenses

237

234

233

234

237

235

229

228

226

227

234

229

226

223

233

238

240

242

234

231

230

227

210

202

197

193

210

214

206

198

180

169

164

159

159

160

155

152

132

123

124

125

140

0

0

0

Asset impairments and restructuring charges, net

108

126

91

89

75

45

14

14

10

8

17

47

47

45

81

72

72

183

130

180

173

77

129

61

86

76

107

141

123

120

44

-8

0

-

0

0

-

-

0

0

-

196

25

0

0

0

Other components of post-employment (benefit) cost, net

51

60

7

-3

-12

-21

-139

-137

-137

-135

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other (income) charges, net

-9

-3

3

0

9

53

39

49

38

-4

6

-1

20

4

15

5

-15

8

-3

15

23

15

15

9

1

-3

4

11

-9

-8

-8

-11

14

20

15

15

3

-10

-13

-18

-16

-13

-18

0

0

0

Earnings before interest and taxes

1,168

1,120

1,193

1,343

1,463

1,552

1,662

1,609

1,538

1,530

1,543

1,435

1,391

1,389

1,303

1,379

1,472

1,384

1,239

1,145

1,112

1,162

1,697

1,838

1,830

1,862

1,256

1,040

929

800

863

871

887

937

1,061

1,056

969

844

630

555

440

276

521

0

0

0

Net interest expense

-214

-218

-222

-226

-232

-235

-237

-240

-240

-241

-246

-249

-251

-255

-256

-258

-261

-263

-253

-232

-211

-187

-175

-174

-175

-180

-185

-189

-171

-143

-114

-86

-76

-76

-81

-86

-93

-99

-95

-89

-84

-78

-77

0

0

0

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings before income taxes

954

902

964

1,110

1,224

1,310

1,425

1,369

1,298

1,289

1,216

1,102

1,067

1,049

1,053

1,117

1,196

1,129

983

928

924

990

1,537

1,673

1,656

1,679

1,075

862

749

649

741

774

825

881

880

870

764

620

522

448

340

185

426

0

0

0

Provision for income taxes

141

140

194

194

221

226

-115

-82

-101

-99

201

178

180

190

187

226

263

275

237

228

231

235

450

489

498

507

304

243

218

206

233

249

259

274

276

278

250

202

171

158

126

74

158

0

0

0

Earnings from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

443

508

525

566

607

604

592

514

418

0

0

0

-

-

-

-

-

Earnings from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

9

-1

7

14

9

0

0

0

-

-

-

-

0

Gain from disposal of discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

1

0

31

31

31

30

0

0

0

0

-

-

-

-

-

Net earnings

813

762

770

916

1,003

1,084

1,540

1,451

1,399

1,388

1,015

924

887

859

866

891

933

854

746

700

695

757

1,089

1,186

1,158

1,172

771

619

533

444

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net earnings attributable to noncontrolling interest

5

3

3

3

4

4

3

3

3

4

6

6

6

5

4

5

5

6

6

6

6

6

8

7

7

7

6

8

7

7

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings attributable to Eastman

808

759

767

913

999

1,080

1,537

1,448

1,396

1,384

1,009

918

881

854

862

886

928

848

740

694

689

751

1,081

1,179

1,151

1,165

765

611

526

437

503

523

564

646

640

636

564

425

340

271

188

89

268

0

0

0

Earnings Per Share, Basic [Abstract]
Earnings from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.41

1.94

-

-

2.00

1.71

-

-

1.01

1.28

-

0.12

1.25

1.55

1.42

-1.66

1.13

1.96

1.45

-

-

-

-

1.35

Earnings from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.02

-

-

0.00

0.00

-

-

0.00

0.02

-

0.01

0.00

0.00

0.28

-0.02

0.06

0.09

-0.06

-

-

-

-

0.00

Basic earnings per share attributable to Eastman

1.90

0.20

1.95

1.87

1.50

0.27

2.93

2.42

2.03

3.41

2.24

2.01

1.90

0.80

1.57

1.73

1.70

0.83

1.73

2.00

1.15

0.12

1.41

1.96

1.54

2.26

2.00

1.71

1.60

-0.46

1.01

1.30

1.15

0.13

1.25

1.55

1.70

-1.68

1.19

2.05

1.39

-1.71

1.40

0.89

0.03

1.35

Diluted earnings per share attributable to Eastman
Earnings from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.39

1.92

-

-

1.97

1.69

-

-0.46

0.99

1.26

1.13

0.12

1.22

1.51

1.39

-1.65

1.11

1.92

1.43

-

-

-

-

1.33

Earnings from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

-

-

0.00

0.00

-

0.01

0.00

0.01

-0.01

0.01

0.00

0.00

0.27

-0.02

0.05

0.10

-0.06

-

-

-

-

0.00

Diluted earnings per share attributable to Eastman

1.89

0.21

1.93

1.85

1.49

0.28

2.89

2.39

2.00

3.36

2.22

2.00

1.89

0.79

1.56

1.71

1.69

0.83

1.71

1.98

1.14

0.13

1.39

1.93

1.52

2.21

1.97

1.69

1.57

-0.45

0.99

1.27

1.12

0.13

1.22

1.51

1.66

-1.67

1.16

2.02

1.37

-1.69

1.38

0.89

0.03

1.33

Comprehensive Income
Net earnings including noncontrolling interest

813

762

770

916

1,003

1,084

1,540

1,451

1,399

1,388

1,015

924

887

859

866

891

933

854

746

700

695

757

1,089

1,186

1,158

1,172

771

619

533

444

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss), net of tax:
Change in cumulative translation adjustment

34

45

55

11

-10

-13

-3

35

105

85

-31

-90

-196

-97

-39

-44

102

-216

-270

-350

-417

-201

-96

76

82

28

30

15

-24

41

6

-60

-25

-15

-5

59

39

2

7

-19

15

17

-10

0

0

0

Defined benefit pension and other postretirement benefit plans [Abstract]
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), after Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-3

-2

29

20

12

-1

0

0

0

-

-

-

-

-

-

-

-

-

Defined benefit pension and other postretirement benefit plans:
Amortization of unrecognized prior service credits

-29

-29

-30

-30

-30

-30

-29

-29

-27

-27

-29

-29

-30

-30

-25

-22

-22

-19

-20

-20

-17

-17

-16

-15

0

-

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

Derivatives and hedging:
Change in unrecognized losses and prior service credits for benefit plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-3

0

0

0

Unrealized gain (loss) during period

-23

-20

-58

-31

55

22

93

87

5

7

72

34

90

93

-8

-67

-121

-48

-299

-197

-175

-230

57

8

-8

6

-12

-2

-32

-36

-26

-18

3

-20

16

-22

-1

18

-1

25

15

18

-12

0

0

0

Reclassification adjustment for (gains) losses included in net income, net

-15

-15

-4

12

17

15

17

0

-11

-7

-34

-46

-71

-79

-83

-98

-90

-83

-65

-31

0

0

13

13

4

-1

-1

3

10

7

4

0

-4

0

0

0

0

-

-

-

-

-

-

-

-

-

Total other comprehensive income (loss), net of tax

-3

11

-29

-62

-2

-36

44

93

94

72

110

25

-1

109

98

52

136

-113

-524

-536

-609

-448

-69

83

83

48

38

0

-68

-15

-39

-94

-44

-56

-73

-40

-28

-34

-19

-21

-5

-3

-25

0

0

0

Comprehensive income including noncontrolling interest

810

773

741

854

1,001

1,048

1,584

1,544

1,493

1,460

1,125

949

886

968

964

943

1,069

741

222

164

86

309

1,020

1,269

1,241

1,220

809

619

465

429

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net earnings attributable to noncontrolling interest

5

3

3

3

4

4

3

3

3

4

6

6

6

5

4

5

5

6

6

6

6

6

8

7

7

7

6

8

7

7

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income attributable to Eastman

805

770

738

851

997

1,044

1,581

1,541

1,490

1,456

1,119

943

880

963

960

938

1,064

735

216

158

80

303

1,012

1,262

1,234

1,213

803

611

458

422

464

429

520

590

567

596

536

391

321

250

183

86

243

0

0

0

Retained Earnings
Cumulative effect adjustment resulting from adoption of new accounting standards

0

-20

-20

-20

-20

16

16

16

16

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings from continuing operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

436

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

Earnings from discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net earnings attributable to Eastman

808

759

767

913

999

1,080

1,537

1,448

1,396

1,384

1,009

918

881

854

862

886

928

848

740

694

689

751

1,081

1,179

1,151

1,165

765

611

526

437

503

523

564

646

640

636

564

425

340

271

188

89

268

0

0

0

Cash dividends declared

350

347

344

337

330

325

318

314

311

303

298

293

286

279

272

262

254

247

238

232

224

218

211

204

199

191

186

179

169

159

216

213

209

139

260

192

127

129

128

128

128

128

-127

0

0

0