Eastman Chemical (EMN) 10-Q 30 Jul 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'EASTMAN CHEMICAL CO	'
Entity Central Index Key	'0000915389	'
Current Fiscal Year End Date	'--12-31	'
Entity Well-known Seasoned Issuer	'Yes	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Public Float	'	$10,613,223,568
Entity Common Stock, Shares Outstanding	149,131,297	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'

UNAUDITED_CONSOLIDATED_STATEME

UNAUDITED CONSOLIDATED STATEMENTS OF EARNINGS, COMPREHENSIVE INCOME AND RETAINED EARNINGS (USD $)	3 Months Ended				6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Income Statement [Abstract]	'		'		'		'
Sales	$2,460		$2,440		$4,765		$4,747
Cost of sales	1,803		1,763		3,513		3,454
Gross profit	657		677		1,252		1,293
Selling, general and administrative expenses	172		180		340		351
Research and development expenses	56		51		109		100
Asset impairments and restructuring charges (gains), net	-7		18		6		21
Operating earnings	436		428		797		821
Net interest expense	45		46		87		93
Other charges (income), net	-8		0		-11		1
Earnings from continuing operations before income taxes	399		382		721		727
Provision for income taxes from continuing operations	107		116		195		213
Earnings from continuing operations	292		266		526		514
Earnings from discontinued operations, net of tax	2		0		2		0
Net earnings	294		266		528		514
Less: Net earnings attributable to noncontrolling interest	2		2		3		3
Net earnings attributable to Eastman	292		264		525		511
Amounts attributable to Eastman stockholders [Abstract]	'		'		'		'
Earnings from continuing operations, net of tax	290		264		523		511
Earnings from discontinued operations, net of tax	2		0		2		0
Net earnings attributable to Eastman	292		264		525		511
Basic earnings per share attributable to Eastman	'		'		'		'
Earnings from continuing operations	$1.94	[1]	$1.71	[1]	$3.47	[1]	$3.31	[1]
Earnings from discontinued operations	$0.02		$0		$0.02		$0
Basic earnings per share attributable to Eastman	$1.96		$1.71		$3.49		$3.31
Diluted earnings per share attributable to Eastman	'		'		'		'
Earnings from continuing operations	$1.92	[1]	$1.69	[1]	$3.43	[1]	$3.26	[1]
Earnings from discontinued operations	$0.01		$0		$0.02		$0
Diluted earnings per share attributable to Eastman	$1.93		$1.69		$3.45		$3.26
Comprehensive Income	'		'		'		'
Net earnings including noncontrolling interest	294		266		528		514
Other comprehensive income (loss), net of tax	'		'		'		'
Change in cumulative translation adjustment	9		15		13		-35
Defined benefit pension and other postretirement benefit plans [Abstract]	'		'		'		'
Amortization of unrecognized prior service credits included in net periodic costs	-4	[2]	-3	[2]	-8	[2]	-7	[2]
Derivatives and hedging [Abstract]	'		'		'		'
Unrealized (loss) gain during period	6		-10		6		4
Reclassification adjustment for (losses) gains included in net income	-6		3		-9		5
Total other comprehensive income (loss), net of tax	5		5		2		-33
Comprehensive income including noncontrolling interest	299		271		530		481
Less: Net earnings attributable to noncontrolling interest	2		2		3		3
Comprehensive income attributable to Eastman	297		269		527		478
Retained Earnings	'		'		'		'
Retained earnings at beginning of period	4,191		3,239		4,012		3,038
Net earnings attributable to Eastman	292		264		525		511
Cash dividends declared	-52		-47		-106	[3]	-93
Retained earnings at end of period	$4,431		$3,456		$4,431		$3,456
[1]	Earnings per share are calculated using whole dollars and shares.
[2]	Included in the calculation of net periodic benefit costs for pension and other postretirement benefit plans. See Note 8, "Retirement Plans".
[3]	Includes cash dividends paid and dividends declared, but unpaid.

CONSOLIDATED_STATEMENTS_OF_FIN

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Current assets	'	'
Cash and cash equivalents	$175	$237
Trade receivables, net	1,071	880
Miscellaneous receivables	155	208
Inventories	1,354	1,264
Other current assets	231	251
Total current assets	2,986	2,840
Properties	'	'
Properties and equipment at cost	10,147	9,958
Less: Accumulated depreciation	5,804	5,668
Net properties	4,343	4,290
Goodwill	2,701	2,637
Intangible assets, net of accumulated amortizaton	1,881	1,761
Other noncurrent assets	327	317
Total assets	12,238	11,845
Current liabilities	'	'
Payables and other current liabilities	1,274	1,470
Borrowings due within one year	0	0
Total current liabilities	1,274	1,470
Long-term borrowings	4,773	4,254
Deferred income tax liabilities	572	496
Post-employment obligations	1,272	1,297
Other long-term liabilities	388	453
Total liabilities	8,279	7,970
Stockholders' equity	'	'
Common stock	2	2
Additional paid-in capital	1,803	1,778
Retained earnings	4,431	4,012
Accumulated other comprehensive income	173	171
Total stockholders' equity before treasury stock	6,409	5,963
Less: Treasury stock at cost	2,527	2,167
Total Eastman stockholders' equity	3,882	3,796
Noncontrolling interest	77	79
Total equity	3,959	3,875
Total liabilities and stockholders' equity	$12,238	$11,845

CONSOLIDATED_STATEMENTS_OF_FIN1

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Stockholders' equity	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	350,000,000	350,000,000
Common stock, shares issued (in shares)	216,121,916	215,131,237
Treasury stock at cost (in shares)	67,041,417	62,714,861

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities	'	'
Net earnings including noncontrolling interest	$528	$514
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	217	218
Asset impairment charges	8	6
Gain on sale of assets	-5	0
Provision for deferred income taxes	61	46
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:	'	'
(Increase) decrease in trade receivables	-191	-214
(Increase) decrease in inventories	-54	-35
Increase (decrease) in trade payables	-44	-32
Pension and other postretirement contributions (in excess of) less than expenses	-45	-42
Variable compensation (in excess of) less than expenses	-53	-9
Other items, net	-33	-85
Net cash provided by operating activities	389	367
Cash flows from investing activities	'	'
Additions to properties and equipment	-254	-187
Proceeds from sales of assets	12	5
Acquisitions, net of cash acquired	-283	0
Additions to capitalized software	-1	-1
Other items, net	2	-8
Net cash used in investing activities	-524	-191
Cash flows from financing activities	'	'
Net increase in commercial paper borrowings	26	300
Proceeds from borrowings	615	150
Repayment of borrowings	-125	-555
Dividends paid to stockholders	-106	-47
Treasury stock purchases	-360	-78
Dividends paid to noncontrolling interest	-9	-7
Proceeds from stock option exercises and other items, net	30	47
Net cash provided by (used in) financing activities	71	-190
Effect of exchange rate changes on cash and cash equivalents	2	-1
Net change in cash and cash equivalents	-62	-15
Cash and cash equivalents at beginning of period	237	249
Cash and cash equivalents at end of period	$175	$234

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION
	The accompanying unaudited consolidated financial statements have been prepared by Eastman Chemical Company (the "Company" or "Eastman") in accordance and consistent with the accounting policies stated in the Company's 2013 Annual Report on Form 10-K and should be read in conjunction with the consolidated financial statements in Part II, Item 8 of the Company's 2013 Annual Report on Form 10-K. The December 31, 2013 financial position data included herein was derived from the audited consolidated financial statements included in the 2013 Form 10-K but does not include all disclosures required by accounting principles generally accepted in the United States ("GAAP"). The unaudited consolidated financial statements are prepared in conformity with GAAP and of necessity include some amounts that are based upon management estimates and judgments.  Future actual results could differ from such current estimates.  The unaudited consolidated financial statements include assets, liabilities, sales revenue, and expenses of all majority-owned subsidiaries and joint ventures in which a controlling interest is maintained.  Eastman accounts for other joint ventures and investments where it exercises significant influence on the equity basis.  Intercompany transactions and balances are eliminated in consolidation.  Certain prior period data has been reclassified in the Consolidated Financial Statements and accompanying footnotes to conform to current period presentation.
	In second quarter 2014, the Company recognized $2 million, net of tax, in earnings from discontinued operations from final settlement of commercial litigation related to the previously discontinued polyethylene terephthalate ("PET") business.

ACQUISITIONS_ACQUISITIONS

ACQUISITIONS ACQUISITIONS	6 Months Ended
	Jun. 30, 2014
Acquisitions [Abstract]	'
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	'
	ACQUISITIONS
	BP plc's Global Aviation Turbine Engine Oil Business
	On June 2, 2014, the Company acquired BP plc's global aviation turbine engine oil business ("aviation turbine oil business") for a total cash purchase price of $283 million, prior to post-closing adjustments. The acquisition was accounted for as a business combination and is reported in the Specialty Fluids & Intermediates ("SFI") segment. Added to the Skydrol® aviation hydraulic fluids, the acquired aviation turbine oil business enables Eastman to better supply the global aviation industry. The initial accounting is not complete for all acquired assets and liabilities. The table below shows the preliminary fair value purchase price allocation for this acquisition:
	(Dollars in millions)	As of June 2, 2014
	Current assets	$	42
	Machinery and equipment	11
	Goodwill	68
	Intangible assets	162
	Total purchase price	$	283
	Current assets consist primarily of inventory acquired. Machinery and equipment acquired included manufacturing operations in Linden, New Jersey and technology resources in Naperville, Illinois. Management valued machinery and equipment using the cost approach supported by published industry sources.
	In connection with the purchase transaction, the Company recorded goodwill, which represents the excess of the purchase price over the estimated fair value of net tangible and intangible assets acquired and liabilities assumed.  All goodwill recognized is expected to be deductible for tax purposes.
	Intangible assets acquired included brands that are business-to-business in nature. Also acquired were customer relationships in the aviation industry. Management valued intangible assets using the relief from royalty and multi-period excess earnings methods, both forms of the income approach supported by observable market data for peer chemical companies.
	Intangible Assets acquired on June 2, 2014
	(Dollars in millions)	Fair Value		Weighted-Average Amortization Period (Years)
	Amortizable intangible assets
	Customer relationships	$	66	15
	Indefinite-lived intangible assets
	Brands	96
	Total	$	162
	In second quarter 2014, the Company recognized $3 million and $1 million in transaction and integration costs, respectively, related to the acquisition.  Transaction and integration costs were expensed as incurred and are included in the "Selling, general and administrative expenses" line item in the Unaudited Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings. As required by purchase accounting, the acquired inventories were marked to fair value. Approximately one quarter of these inventories were sold in second quarter 2014 resulting in a $2 million increase in cost of sales.
	Beginning in June, the Company's consolidated results of operations included the results of the acquired aviation turbine oil business. Based on applicable accounting and reporting guidance, the acquisition is not material to the Company's consolidated financial statements; therefore, pro forma financial information has not been presented.

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2014
Inventory Disclosure [Abstract]	'
INVENTORIES	'
	INVENTORIES
		June 30,			December 31,
	(Dollars in millions)	2014			2013
	At FIFO or average cost (approximates current cost)
	Finished goods	$	1,046		$	976
	Work in process	301			300
	Raw materials and supplies	509			494
	Total inventories	1,856			1,770
	LIFO Reserve	(502		)	(506		)
	Total inventories	$	1,354		$	1,264
	Inventories valued on the LIFO method were approximately 60 percent of total inventories as of both June 30, 2014 and December 31, 2013.

PAYABLES_AND_OTHER_CURRENT_LIA

PAYABLES AND OTHER CURRENT LIABILITIES	6 Months Ended
	Jun. 30, 2014
Payables and Accruals [Abstract]	'
PAYABLES AND OTHER CURRENT LIABILITIES	'
	PAYABLES AND OTHER CURRENT LIABILITIES
		June 30,		December 31,
	(Dollars in millions)	2014		2013
	Trade creditors	$	704	$	762
	Accrued payrolls, vacation, and variable-incentive compensation	123		205
	Accrued taxes	68		80
	Post-employment obligations	56		59
	Interest payable	49		46
	Environmental contingent liabilities, current portion	40		40
	Other	234		278
	Total payables and other current liabilities	$	1,274	$	1,470
	Included in "Other" above are certain accruals for payroll deductions and employee benefits, dividends payable, the current portion of hedging liabilities, divestitures, and other payables and accruals.

PROVISION_FOR_INCOME_TAXES

PROVISION FOR INCOME TAXES	6 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
PROVISION FOR INCOME TAXES	'
	PROVISION FOR INCOME TAXES
		Second Quarter						First Six Months
	(Dollars in millions)	2014			2013			2014			2013
	Provision for income taxes from continuing operations	$	107		$	116		$	195		$	213
	Effective tax rate	27		%	30		%	27		%	29		%
	The second quarter and first six months 2014 effective tax rate reflects benefit from the integration of Eastman and Solutia business operations and legal entity structures. The first six months 2013 effective tax rate was impacted by enactment of the American Taxpayer Relief Act of 2012 in January 2013, which resulted in a $10 million benefit primarily related to a research and development ("R&D") tax credit.

BORROWINGS

BORROWINGS	6 Months Ended
	Jun. 30, 2014
Debt Disclosure [Abstract]	'
BORROWINGS	'
	BORROWINGS
		June 30,			December 31,
	(Dollars in millions)	2014			2013
	Borrowings consisted of:
	3% notes due 2015	$	250		$	250
	2.4% notes due 2017	998			998
	6.30% notes due 2018	170			171
	5.5% notes due 2019	250			250
	4.5% notes due 2021	250			250
	3.6% notes due 2022	893			894
	7 1/4% debentures due 2024	243			243
	7 5/8% debentures due 2024	54			54
	7.60% debentures due 2027	222			222
	4.8% notes due 2042	497			497
	4.65% notes due 2044	495			—
	Credit facilities and commercial paper borrowings	451			425
	Total borrowings	4,773			4,254
	Borrowings due within one year	—			—
	Long-term borrowings	$	4,773		$	4,254
	On May 15, 2014, the Company issued 4.65% notes due 2044 in the principal amount of $500 million. Proceeds from the sale of the notes, net of approximately $10 million in transaction costs, were $490 million.
	Credit Facility and Commercial Paper Borrowings
	The Company has access to borrowings under a $1 billion revolving credit agreement (the "Credit Facility") expiring October 2018.  Borrowings under the Credit Facility are subject to interest at varying spreads above quoted market rates and a commitment fee is paid on the total unused commitment. At June 30, 2014 and December 31, 2013, the Company had no outstanding borrowings under the Credit Facility.
	The Credit Facility provides liquidity support for commercial paper borrowings and general corporate purposes.  Accordingly, any outstanding commercial paper borrowings reduce capacity for borrowings available under the Credit Facility.  Given the expiration date of the Credit Facility, any commercial paper borrowings supported by the Credit Facility are classified as long-term borrowings because the Company has the ability and intent to refinance such borrowings on a long-term basis. At June 30, 2014 the Company's commercial paper borrowings were $451 million with a weighted average interest rate of 0.29 percent. At December 31, 2013 the Company's commercial paper borrowings were $425 million with a weighted average interest rate of 0.35 percent.
	The Company also has a $250 million line of credit under its accounts receivable securitization agreement (the "A/R Facility"), expiring April 2016.  Borrowings under the A/R Facility are subject to interest rates based on a spread over the lender's borrowing costs, and the Company pays a fee to maintain availability of the A/R Facility.  At June 30, 2014 and December 31, 2013 the Company had no outstanding borrowings under the A/R Facility. During first quarter 2014 $125 million of the available amount under the A/R Facility was borrowed and then repaid during second quarter 2014.
	The Credit Facility and the A/R Facility contain a number of customary covenants and events of default, including the maintenance of certain financial ratios. The Company was in compliance with all such covenants for all periods presented.  Total available borrowings under the Credit Facility and A/R Facility were $799 million and $825 million as of June 30, 2014 and December 31, 2013, respectively. The Company would not violate applicable covenants for these periods if the total available amounts of the facilities had been borrowed.
	Fair Value of Borrowings
	The Company has classified its long-term borrowings at June 30, 2014 and December 31, 2013 under the fair value hierarchy as defined in the accounting policies in Note 1, "Significant Accounting Policies" to the consolidated financial statements in Part II, Item 8 of the Company's 2013 Annual Report on Form 10-K.  The fair value for fixed-rate borrowings is based on current market prices and is classified as Level 1.  The fair value for the Company's floating-rate borrowings, which relate to the A/R Facility and commercial paper, equals the carrying value and is classified as Level 2.
						Fair Value Measurements at June 30, 2014
	(Dollars in millions)		Recorded Amount June 30, 2014			Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	Long-term borrowings		$	4,773		$	5,097	$	4,646	$	451	$	—
						Fair Value Measurements at December 31, 2013
	(Dollars in millions)		Recorded Amount December 31, 2013			Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	Long-term borrowings		$	4,254		$	4,366	$	3,941	$	425	$	—

DERIVATIVES

DERIVATIVES	6 Months Ended
	Jun. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
DERIVATIVES	'
	DERIVATIVES
	Hedging Programs
	The Company is exposed to market risk, such as changes in currency exchange rates, commodity prices, and interest rates.  The Company uses various derivative financial instruments when appropriate pursuant to the Company's hedging policies to mitigate these market risk factors and their effect on the cash flows of the underlying transactions.  Designation is performed on a specific exposure basis to support hedge accounting.  The changes in fair value of these hedging instruments are offset in part or in whole by corresponding changes in the cash flows of the underlying exposures being hedged.  The Company does not hold or issue derivative financial instruments for trading purposes.  For further information, see Note 10, "Derivatives", to the consolidated financial statements in Part II, Item 8 of the Company's 2013 Annual Report on Form 10-K.
	Fair Value Hedges
	Fair value hedges are defined as derivative or non-derivative instruments designated as and used to hedge the exposure to changes in the fair value of an asset or a liability or an identified portion thereof that is attributable to a particular risk.  For derivative instruments that are designated and qualify as a fair value hedge, the gain or loss on the derivative as well as the offsetting loss or gain on the hedged item attributable to the hedged risk are recognized in current earnings.  In second quarter 2014, the Company entered into interest rate swaps to hedge the interest rate risk on the 3.6% notes due 2022. As of June 30, 2014, the total notional amount of the Company's interest rate swaps was $400 million. As of December 31, 2013, the Company had no fair value hedges.
	Cash Flow Hedges
	Cash flow hedges are derivative instruments designated as and used to hedge the exposure to variability in expected future cash flows that is attributable to a particular risk.  For derivative instruments that are designated and qualify as a cash flow hedge, the effective portion of the gain or loss on the derivative is reported as a component of other comprehensive income, net of income taxes and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings.  Gains and losses on the derivatives representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized in current earnings.
	As of June 30, 2014, the total notional amounts of the Company's foreign exchange forward and option contracts were €954 million (approximately $1,320 million equivalent) and ¥6.6 billion (approximately $65 million equivalent). The total notional volume hedged for feedstock was 15 million barrels and for energy was 4 million mmbtu ("million british thermal units"). The Company had no outstanding hedges for energy or interest rate swaps for the future issuance of debt ("forward starting interest rate swaps") at June 30, 2014.
	As of December 31, 2013, the total notional amounts of the Company's foreign exchange forward and option contracts were €954 million (approximately $1,320 million equivalent) and ¥8.3 billion (approximately $80 million equivalent). The total notional volume hedged for feedstock was approximately 8 million barrels.  The Company had no outstanding hedges for energy or forward starting interest rate swaps.
	Fair Value Measurements
	For additional information on fair value measurement, see Note 1, "Significant Accounting Policies" to the consolidated financial statements in Part II, Item 8 of the Company's 2013 Annual Report on Form 10-K.
	The following chart shows the gross financial assets and liabilities valued on a recurring basis.
	(Dollars in millions)					Fair Value Measurements at June 30, 2014
	Description	June 30, 2014				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	Derivative Assets	$	45			$	—			$	45			$	—
	Derivative Liabilities	(36		)		—				(36		)		—
		$	9			$	—			$	9			$	—
	(Dollars in millions)					Fair Value Measurements at December 31, 2013
	Description	December 31, 2013				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	Derivative Assets	$	58			$	—			$	58			$	—
	Derivative Liabilities	(46		)		—				(46		)		—
		$	12			$	—			$	12			$	—
	The Company's derivative assets are currently classified as Level 2.  Level 2 fair value is based on estimates using standard pricing models.  These standard pricing models use inputs which are derived from or corroborated by observable market data such as interest rate yield curves and currency spot and forward rates.  The fair value of commodity contracts is derived using forward curves supplied by an industry recognized and unrelated third party.  In addition, on an ongoing basis, the Company tests a subset of its valuations against valuations received from the transaction's counterparty to validate the accuracy of its standard pricing models.  Counterparties to these derivative contracts are highly rated financial institutions which the Company believes carry only a minimal risk of nonperformance.
	From time to time, the Company holds Level 3 assets for commodity hedges.  The fair values of Level 3 instruments are determined using pricing data similar to that used in Level 2 financial instruments described above, and reflect adjustments for less liquid markets or longer contractual terms.  Level 3 hedges typically will mature within one year or less.  The Company determines the fair value of Level 3 commodity forward contracts based on related inputs that are either readily available in public markets or can be derived from information available in publicly quoted markets, and which influence the actual forward price of the commodity.  Due to the fact that the forward price of the commodity itself is considered unobservable, the Company has categorized these forward contracts as Level 3.
	The table below presents a rollforward of activity for these assets (liabilities) for the period ended June 30, 2014:
	Fair Value Measurements Using Level 3 Inputs
	Commodity Contracts	Second Quarter								First Six Months
	(Dollars in millions)	2014				2013				2014				2013
	Balance at beginning of period	$	—			$	(12	)		$	—			$	(5	)
	Realized gain (loss) in sales revenue	—				(3		)		—				(7		)
	Change in unrealized gain (loss)	—				5				—				(2		)
	Settlements	—				3				—				7
	Transfers (out) in of Level 3	—				—				—				—
	Balance at end of period	$	—			$	(7	)		$	—			$	(7	)
	The following chart shows the financial assets and liabilities valued on a recurring basis and their location in the Unaudited Consolidated Statements of Financial Position.  The Company had no nonqualifying derivatives or derivatives that are not designated as hedges as of June 30, 2014 and December 31, 2013. All of the Company's derivative contracts are subject to master netting arrangements, or similar agreements, which provide for the option to settle contracts on a net basis when they settle on the same day and the same currency. In addition, these arrangements provide for a net settlement of all contracts with a given counterparty in the event that the arrangement is terminated due to the occurrence of default or a termination event. The Company has elected to present the derivative contracts on a gross basis in the Unaudited Consolidated Statements of Financial Position. Had it chosen to present the derivatives contracts on a net basis, it would have a derivative in a net asset position of $29 million and a derivative in a net liability position of $20 million as of June 30, 2014. The Company does not have any cash collateral due under such agreements.
	Fair Value of Derivatives Designated as Hedging Instruments
	(Dollars in millions)			Fair Value Measurements Significant Other Observable Inputs
	Derivative Assets	Statement of Financial Position Location		June 30, 2014				December 31, 2013
	Cash Flow Hedges
	Commodity contracts	Other current assets		$	15			$	20
	Commodity contracts	Other noncurrent assets		9				7
	Foreign exchange contracts	Other current assets		14				17
	Foreign exchange contracts	Other noncurrent assets		7				14
				$	45			$	58
	(Dollars in millions)			Fair Value Measurements Significant Other Observable Inputs
	Derivative Liabilities	Statement of Financial Position Location		June 30, 2014				December 31, 2013
	Fair Value Hedges
	Interest rate swaps	Other long-term liabilities		$	1			$	—
	Cash Flow Hedges
	Commodity contracts	Payables and other current liabilities		2				—
	Commodity contracts	Other long-term liabilities		1				—
	Foreign exchange contracts	Payables and other current liabilities		16				21
	Foreign exchange contracts	Other long-term liabilities		16				25
				$	36			$	46
	Derivatives' Hedging Relationships
		Second Quarter
	(Dollars in millions)	Location of Gain/(Loss) Recognized in Income on Derivatives		Amount of Gain/ (Loss) Recognized Income on Derivatives
	Derivatives in Fair Value Hedging Relationships			June 30, 2014				June 30, 2013
	Interest rate contracts	Net interest expense		$	1			$	—
				$	1			$	—
		First Six Months
	(Dollars in millions)	Location of Gain/(Loss) Recognized in Income on Derivatives		Amount of Gain/ (Loss) Recognized Income on Derivatives
	Derivatives in Fair Value Hedging Relationships			June 30, 2014				June 30, 2013
Interest rate contracts	Net interest expense		$	1			$	—
			$	1			$	—
	Second Quarter
(Dollars in millions)	Change in amount after tax of gain/(loss) recognized in Other Comprehensive Income on derivatives (effective portion)								Location of gain/(loss) reclassified from Accumulated Other Comprehensive Income into income (effective portion)		Pre-tax amount of gain/(loss) reclassified from Accumulated Other Comprehensive Income into income (effective portion)
Derivatives' Cash Flow Hedging Relationships	June 30,				June 30,						June 30,				June 30,
	2014				2013						2014				2013
Commodity contracts	$	(3	)		$	(2	)		Sales		$	—			$	(3	)
									Cost of Sales		11				(3		)
Foreign exchange contracts	4				(6		)		Sales		—				4
Forward starting interest rate swap contracts	(1		)		1				Net interest expense		(2		)		(2		)
	$	—			$	(7	)				$	9			$	(4	)
	First Six Months
(Dollars in millions)	Change in amount after tax of gain/(loss) recognized in Other Comprehensive Income on derivatives (effective portion)								Location of gain/(loss) reclassified from Accumulated Other Comprehensive Income into income (effective portion)		Pre-tax amount of gain/(loss) reclassified from Accumulated Other Comprehensive Income into income (effective portion)
Derivatives' Cash Flow Hedging Relationships	June 30,				June 30,						June 30,				June 30,
	2014				2013						2014				2013
Commodity contracts	$	(5	)		$	(4	)		Sales		$	—			$	(7	)
									Cost of sales		19				(3		)
Foreign exchange contracts	2				11				Sales		(1		)		6
Forward starting interest rate swap contracts	—				2				Net interest expense		(4		)		(4		)
	$	(3	)		$	9					$	14			$	(8	)
Hedging Summary
Monetized positions and mark-to-market gains and losses from raw materials and energy, currency, and certain interest rate hedges that were included in accumulated other comprehensive income before taxes totaled losses of approximately $67 million at June 30, 2014 and $60 million at June 30, 2013.  If realized, $4 million net gains in second quarter 2014 will be reclassified into earnings during the next 12 months.  Ineffective portions of hedges are immediately recognized in cost of sales or other charges (income), net.  There were no material gains or losses related to the ineffective portion of hedges recognized in second quarter and first six months 2014 or second quarter and first six months 2013.
The gains or losses on nonqualifying derivatives or derivatives that are not designated as hedges are marked to market in the line item "Other charges (income), net" of the Unaudited Consolidated Statements of Earnings, and, in all periods presented, represent foreign exchange derivatives denominated in multiple currencies and are transacted and settled in the same quarter.  The Company recognized $2 million net gains or losses during second quarter 2014 and no net losses during second quarter 2013 on nonqualifying derivatives.  The Company recognized approximately $3 million net gains and $2 million net losses on nonqualifying derivatives during the first six months of 2014 and 2013, respectively.

RETIREMENT_PLANS

RETIREMENT PLANS	6 Months Ended
	Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]	'
RETIREMENT PLANS	'
	RETIREMENT PLANS
	As described in more detail below, Eastman offers various postretirement benefits to its employees.
	Defined Benefit Pension Plans and Other Postretirement Benefit Plans
	Eastman maintains defined benefit pension plans that provide eligible employees with retirement benefits.  In addition, Eastman provides a subsidy for life insurance, health care, and dental benefits to eligible retirees hired prior to January 1, 2007, and a subsidy for health care and dental benefits to retirees' eligible survivors.  Costs recognized for these benefits are recorded using estimated amounts, which may change as actual costs derived for the year are determined.
	For additional information regarding retirement plans, see Note 11, "Retirement Plans", to the consolidated financial statements in Part II, Item 8 of the Company's 2013 Annual Report on Form 10-K.
	Components of net periodic benefit cost were as follows:
		Second Quarter
		Pension Plans												Other Postretirement Benefit Plans
		2014						2013						2014			2013
	(Dollars in millions)	U.S.			Non-U.S.			U.S.			Non-U.S.
	Components of net periodic benefit cost:
	Service cost	$	10		$	4		$	11		$	3		$	2		$	3
	Interest cost	25			8			22			7			11			11
	Expected return on assets	(35		)	(10		)	(32		)	(8		)	(1		)	(2		)
	Amortization of:
	Prior service cost (credit)	(1		)	—			(1		)	—			(6		)	(5		)
	Net periodic benefit cost	$	(1	)	$	2		$	—		$	2		$	6		$	7
		First Six Months
		Pension Plans												Other Postretirement Benefit Plans
		2014						2013						2014			2013
	(Dollars in millions)	U.S.			Non-U.S.			U.S.			Non-U.S.
	Components of net periodic benefit cost:
	Service cost	$	20		$	7		$	21		$	7		$	4		$	6
	Interest cost	50			16			44			14			22			22
	Expected return on assets	(71		)	(19		)	(64		)	(17		)	(3		)	(4		)
	Amortization of:
	Prior service cost (credit)	(2		)	—			(2		)	—			(12		)	(10		)
	Net periodic benefit cost	$	(3	)	$	4		$	(1	)	$	4		$	11		$	14
	The Company contributed $27 million and $24 million to its U.S. defined benefit pension plans in first six months 2014 and 2013, respectively.

COMMITMENTS

COMMITMENTS	6 Months Ended
	Jun. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS	'
	COMMITMENTS
	Purchase Obligations and Lease Commitments
	The Company had various purchase obligations at June 30, 2014 totaling $2.1 billion over a period of approximately 30 years for materials, supplies, and energy incident to the ordinary conduct of business.  The Company also had various lease commitments for property and equipment under cancelable, noncancelable, and month-to-month operating leases totaling $261 million over a similar number of years.  Of the total lease commitments, approximately 60 percent relate to real property, including office space, storage facilities, and land; approximately 30 percent relate to railcars; and approximately 10 percent relate to machinery and equipment, including computer and communications equipment and production equipment.
	Guarantees
	The Company has operating leases with terms that require the Company to guarantee a portion of the residual value of the leased assets upon termination of the lease as well as other guarantees.  Disclosures about each group of similar guarantees are provided below.
	Residual Value Guarantees
	The Company has operating leases with terms that require the Company to guarantee a portion of the residual value of the leased assets upon termination of the lease.  These residual value guarantees at June 30, 2014 totaled $121 million and consisted primarily of leases for railcars and company aircraft and will expire beginning in 2016.  Management believes, based on current facts and circumstances, that the likelihood of material residual guarantee payments is remote.
	Other Guarantees
	Guarantees and claims also arise during the ordinary course of business from relationships with joint venture partners, suppliers, customers, and other parties when the Company undertakes an obligation to guarantee the performance of others, if specified triggering events occur.  Non-performance under a contract could trigger an obligation of the Company.  The Company's current other guarantees include guarantees relating primarily to intellectual property, environmental matters, and other indemnifications and have arisen through the normal course of business.  The ultimate effect on future financial results is not subject to reasonable estimation because considerable uncertainty exists as to the final outcome of these claims, if they were to occur.  These other guarantees have terms between 1 and 15 years with maximum potential future payments of $22 million in the aggregate, with none of these guarantees being individually significant to the Company's operating results, financial position, or liquidity.  The Company's current expectation is that future payment or performance related to non-performance under other guarantees is considered remote.

ENVIRONMENTAL_MATTERS

ENVIRONMENTAL MATTERS	6 Months Ended
	Jun. 30, 2014
Accrual for Environmental Loss Contingencies Disclosure [Abstract]	'
Environmental Matters	'
	ENVIRONMENTAL MATTERS
	Certain Eastman manufacturing sites generate hazardous and nonhazardous wastes, the treatment, storage, transportation, and disposal of which are regulated by various governmental agencies.  In connection with the cleanup of various hazardous waste sites, the Company, along with many other entities, has been designated a potentially responsible party ("PRP") by the U.S. Environmental Protection Agency under the Comprehensive Environmental Response, Compensation and Liability Act, which potentially subjects PRPs to joint and several liability for such cleanup costs.  In addition, the Company will be required to incur costs for environmental remediation and closure and postclosure under the federal Resource Conservation and Recovery Act.  Reserves for environmental contingencies have been established in accordance with Eastman's policies described in Note 1, "Significant Accounting Policies" to the consolidated financial statements in Part II, Item 8 of the Company's 2013 Annual Report on Form 10-K. The Company's total reserve for environmental contingencies was $354 million and $368 million at June 30, 2014 and December 31, 2013, respectively.  At June 30, 2014 and December 31, 2013, this reserve included $10 million and $9 million, respectively, related to sites previously closed and impaired by Eastman and sites that have been divested by Eastman but for which the Company retains the environmental liability related to these sites.
	Estimated future environmental expenditures for remediation costs ranged from the minimum or best estimate of $334 million to the maximum of $570 million and from the minimum or best estimate of $341 million to the maximum of $581 million at June 30, 2014 and December 31, 2013, respectively.  The maximum estimated future costs are considered to be reasonably possible and include the amounts accrued at both June 30, 2014 and December 31, 2013.  Although the resolution of uncertainties related to these environmental matters may have a material adverse effect on the Company's consolidated results of operations in the period recognized, because of the availability of legal defenses, the Company's preliminary assessment of actions that may be required, and if applicable, the expected sharing of costs, management does not believe that the Company's liability for these environmental matters, individually or in the aggregate, will be material to the Company's consolidated financial position or cash flows.
	For facilities that have environmental asset retirement obligations, the best estimate accrued to date over the facilities' estimated useful lives for these environmental asset retirement obligation costs was $20 million and $27 million at June 30, 2014 and December 31, 2013, respectively.
	Reserves for environmental remediation that management believes to be probable and estimable are recorded as current and long-term liabilities in the Unaudited Consolidated Statements of Financial Position. These reserves include liabilities expected to be paid out within 30 years. The amounts charged to pre-tax earnings for environmental remediation and related charges are included in cost of sales and other charges (income), net, and are summarized below:
	(Dollars in millions)	Environmental Remediation Liabilities
	Balance at December 31, 2013	$	341
	Changes in estimates recorded to earnings and other	4
	Cash reductions	(11		)
	Balance at June 30, 2014	$	334
	The Company's total environmental reserve for environmental contingencies, including remediation costs and asset retirement obligations, is recorded in the Unaudited Consolidated Statements of Financial Position as follows:
	(Dollars in millions)	June 30, 2014			December 31, 2013
	Environmental contingent liabilities, current	$	40		$	40
	Environmental contingent liabilities, long-term	314			328
	Total	$	354		$	368

LEGAL_MATTERS

LEGAL MATTERS	6 Months Ended
	Jun. 30, 2014
Loss Contingency, Information about Litigation Matters [Abstract]	'
LEGAL MATTERS	'
	LEGAL MATTERS
	General
	From time to time, the Company and its operations are parties to, or targets of, lawsuits, claims, investigations and proceedings, including product liability, personal injury, asbestos, patent and intellectual property, commercial, contract, environmental, antitrust, health and safety, and employment matters, which are being handled and defended in the ordinary course of business.  While the Company is unable to predict the outcome of these matters, it does not believe, based upon currently available facts, that the ultimate resolution of any such pending matters will have a material adverse effect on its overall financial condition, results of operations, or cash flows.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2014
Stockholders' Equity Note [Abstract]	'
STOCKHOLDERS' EQUITY	'
	STOCKHOLDERS' EQUITY
	A reconciliation of the changes in stockholders' equity for first six months 2014 is provided below:
	(Dollars in millions)	Common Stock at Par Value			Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)		Treasury Stock at Cost			Total Stockholders' Equity Attributed to Eastman			Noncontrolling Interest $		Total Stockholders' Equity $
		$			$			$			$		$			$
	Balance at December 31, 2013	2			1,778			4,012			171		(2,167	)		3,796			79		3,875
	Net Earnings	—			—			525			—		—			525			3		528
	Cash Dividends Declared (1)	—			—			(106	)		—		—			(106	)		—		(106	)
	($0.70 per share)
	Other Comprehensive Income	—			—			—			2		—			2			—		2
	Share-Based Compensation Expense (2)	—			16			—			—		—			16			—		16
	Stock Option Exercises	—			11			—			—		—			11			—		11
	Other (3)	—			(2	)		—			—		—			(2	)		(1	)	(3	)
	Share Repurchase	—			—			—			—		(360	)		(360	)		—		(360	)
	Distributions to Noncontrolling Interest	—			—			—			—		—			—			(4	)	(4	)
	Balance at June 30, 2014	2			1,803			4,431			173		(2,527	)		3,882			77		3,959
	(1)	Includes cash dividends paid and dividends declared, but unpaid.
	(2)	Includes the fair value of equity share-based awards recognized for share-based compensation.
	(3)	Paid in capital includes tax benefits/charges relating to the difference between the amounts deductible for federal income taxes over the amounts charged to income for book value purposes have been adjusted to paid-in capital and other items. Equity attributable to noncontrolling interest includes adjustments for currency revaluation.
	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
		Cumulative Translation Adjustment				Benefit Plans Unrecognized Prior Service Credits				Unrealized Gains (Losses) on Derivative Instruments			Unrealized Losses on Investments				Accumulated Other Comprehensive Income (Loss)
	(Dollars in millions)
	Balance at December 31, 2012	$	105			$	65			$	(46	)	$	(1	)		$	123
	Period change	28				13				7			—				48
	Balance at December 31, 2013	133				78				(39		)	(1		)		171
	Period change	13				(8		)		(3		)	—				2
	Balance at June 30, 2014	$	146			$	70			$	(42	)	$	(1	)		$	173
	Amounts of other comprehensive income (loss) are presented net of applicable taxes.  The Company records deferred income taxes on the cumulative translation adjustment related to branch operations and other entities included in the Company's consolidated U.S. tax return.  No deferred income taxes are provided on the cumulative translation adjustment of subsidiaries outside the United States, as such cumulative translation adjustment is considered to be a component of permanently invested, unremitted earnings of these foreign subsidiaries.
	Components of other comprehensive income recorded in the Unaudited Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings are presented below, before tax and net of tax effects:
		Second Quarter
		2014								2013
	(Dollars in millions)	Before Tax				Net of Tax				Before Tax			Net of Tax
	Other comprehensive income (loss)
	Change in cumulative translation adjustment	$	9			$	9			$	15		$	15
	Defined benefit pension and other postretirement benefit plans:
	Amortization of unrecognized prior service credits included in net periodic costs (1)	(7		)		(4		)		(6		)	(3		)
	Derivatives and hedging: (2)
	Unrealized (loss) gain	9				6				(16		)	(10		)
	Reclassification adjustment for gains included in net income	(9		)		(6		)		5			3
	Change in derivatives and hedging	—				—				(11		)	(7		)
	Total other comprehensive income (loss)	$	2			$	5			$	(2	)	$	5
		First Six Months
		2014								2013
	(Dollars in millions)	Before Tax				Net of Tax				Before Tax			Net of Tax
	Other comprehensive income (loss)
	Change in cumulative translation adjustment	$	12			$	13			$	(35	)	$	(35	)
	Defined benefit pension and other postretirement benefit plans:
	Amortization of unrecognized prior service credits included in net periodic costs (1)	(14		)		(8		)		(12		)	(7		)
	Derivatives and hedging:(2)
	Unrealized gain (loss) during period	9				6				7			4
	Reclassification adjustment for gains included in net income	(14		)		(9		)		8			5
	Change in derivatives and hedging	(5		)		(3		)		15			9
	Total other comprehensive income (loss)	$	(7	)		$	2			$	(32	)	$	(33	)
	(1)	Included in the calculation of net periodic benefit costs for pension and other postretirement benefit plans. See Note 8, "Retirement Plans".
	(2)	For additional information regarding the impact of reclassifications into earnings, refer to Note 7, "Derivatives".

EARNINGS_AND_DIVIDENDS_PER_SHA

EARNINGS AND DIVIDENDS PER SHARE	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
EARNINGS AND DIVIDENDS PER SHARE	'
	EARNINGS AND DIVIDENDS PER SHARE
	The following table sets forth the computation of basic and diluted earnings per share ("EPS") from continuing operations:
		Second Quarter				First Six Months
		2014		2013		2014		2013
	(In millions, except per share amounts)
	Numerator
	Earnings attributable to Eastman stockholders:
	Earnings from continuing operations, net of tax	$	290	$	264	$	523	$	511
	Denominator
	Weighted average shares used for basic EPS	149.5		154.4		150.4		154.4
	Dilutive effect of stock options and other award plans	1.8		2.3		1.8		2.3
	Weighted average shares used for diluted EPS	151.3		156.7		152.2		156.7
	EPS from continuing operations (1)
	Basic	$	1.94	$	1.71	$	3.47	$	3.31
	Diluted	$	1.92	$	1.69	$	3.43	$	3.26
	(1)	Earnings per share are calculated using whole dollars and shares.
	In both second quarter and first six months 2014, common shares underlying options to purchase 210,143 shares of common stock were excluded from the shares treated as outstanding for computation of diluted earnings per share because the total market value of option exercises for these awards was less than the total cash proceeds that would be received for these exercises. Second quarter and first six months 2014 reflect the impact of share repurchases of 1,153,784 and 4,326,556 shares, respectively.
	In second quarter and first six months 2013, common shares underlying options to purchase 317,879 and 121,070 shares of common stock, respectively, were excluded from the shares treated as outstanding for computation of diluted earnings per share because the total market value of option exercises for these awards was less than the total cash proceeds that would be received for these exercises. Second quarter and first six months 2013 reflect the impact of share repurchases of 670,200 and 1,115,700 shares, respectively.
	The Company declared cash dividends of $0.35 and $0.30 per share in second quarter 2014 and 2013, respectively, and $0.70 and $0.60 per share in first six months 2014 and 2013, respectively.

ASSETS_IMPAIRMENTS_AND_RESTRUC

ASSETS IMPAIRMENTS AND RESTRUCTURING CHARGES (GAINS), NET	6 Months Ended
	Jun. 30, 2014
Restructuring Costs and Asset Impairment Charges [Abstract]	'
ASSET IMPAIRMENTS AND RESTRUCTURING CHARGES (GAINS), NET	'
	ASSET IMPAIRMENTS AND RESTRUCTURING CHARGES (GAINS), NET
	In second quarter and first six months 2014, there were net asset impairments and restructuring gains of $7 million and charges of $6 million, respectively.
	During second quarter 2014, the Company recognized gains from the sales of previously impaired assets at the former Photovoltaics production facility in Germany and a former polymers production facility in China of $5 million and $2 million, respectively.
	In first six months 2014, charges consisted of $8 million of asset impairments, including intangible assets, and $2 million of restructuring charges in the Advanced Materials ("AM") segment primarily due to the closure of a production facility in Taiwan for the Flexvue® product line. First six months 2014 also included $3 million of restructuring charges for severance associated with the continued integration of Solutia.
	In second quarter and first six months 2013, there were net asset impairments and restructuring charges of $18 million and $21 million, respectively.
	During second quarter 2013, management decided to shut-down the Photovoltaics product line, including the primary production facility in Germany. This resulted in the Company recognizing asset impairments of $7 million and restructuring charges of $5 million including charges for severance. During second quarter 2013, management also approved and recorded severance charges of $6 million primarily for a voluntary separation plan for certain employees.
	During second quarter 2013, a change in estimate for certain costs associated with the fourth quarter 2012 termination of the operating agreement for the Sao Jose dos Campos, Brazil site resulted in a reduction of $4 million to previously recorded asset impairments and restructuring charges.
	In second quarter and first six months 2013, there were $3 million and $6 million, respectively, of restructuring charges primarily for severance associated with the continued integration of Solutia.
	Changes in Reserves for Asset Impairments, Restructuring Charges (Gains), and Severance Charges
	The following table summarizes the changes in other asset impairments and restructuring gains and charges, the non-cash reductions attributable to asset impairments, and the cash reductions in shutdown reserves for severance costs and site closure costs paid for full year 2013 and first six months 2014:
	(Dollars in millions)	Balance at January 1, 2013		Provision/ Adjustments			Non-cash Reductions			Cash Reductions			Balance at December 31, 2013
	Non-cash charges	$	—	$	28		$	(28	)	$	—		$	—
	Severance costs	4		27			2			(11		)	22
	Site closure and restructuring costs	21		21			(16		)	(12		)	14
	Total	$	25	$	76		$	(42	)	$	(23	)	$	36
	(Dollars in millions)	Balance at January 1, 2014		Provision/ Adjustments			Non-cash Reductions			Cash Reductions			Balance at June 30, 2014
	Non-cash charges	$	—	$	8		$	(8	)	$	—		$	—
	Severance costs	22		3			—			(14		)	11
	Site closure and restructuring costs	14		(5		)	—			(1		)	8
	Total	$	36	$	6		$	(8	)	$	(15	)	$	19
	During 2013, the Company accrued for employee separations associated with the acquisition and integration of Solutia. Substantially all separation payments for the 2013 accruals will be completed by December 31, 2014.

SHAREBASED_COMPENSATION_AWARDS

SHARE-BASED COMPENSATION AWARDS	6 Months Ended
	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
SHARE-BASED COMPENSATION AWARDS	'
	SHARE-BASED COMPENSATION AWARDS
	The Company utilizes share-based awards under employee and non-employee director compensation programs.  These share-based awards may include restricted and unrestricted stock, restricted stock units, stock options, and performance shares.  In both second quarter 2014 and 2013, approximately $8 million, of compensation expense before tax were recognized in selling, general and administrative expense in the Unaudited Consolidated Statements of Earnings for all share-based awards. The impact on both second quarter 2014 and 2013 net earnings of approximately $5 million is net of deferred tax expense related to share-based award compensation for each period.
	In first six months 2014 and 2013, approximately $17 million and $19 million, respectively, of compensation expense before tax were recognized in selling, general and administrative expense in the Unaudited Consolidated Statements of Earnings for all share-based awards. The impact on first six months 2014 and 2013 net earnings of approximately $10 million and $12 million, respectively, is net of deferred tax expense related to share-based award compensation for each period.
	For additional information regarding share-based compensation plans and awards, see Note 18, "Share-Based Compensation Plans and Awards", to the consolidated financial statements in Part II, Item 8 of the Company's 2013 Annual Report on Form 10-K.

SUPPLEMENTAL_CASH_FLOW_INFORMA

SUPPLEMENTAL CASH FLOW INFORMATION	6 Months Ended
	Jun. 30, 2014
Supplemental Cash Flow Information [Abstract]	'
SUPPLEMENTAL CASH FLOW INFORMATION	'
	SUPPLEMENTAL CASH FLOW INFORMATION
	Included in the line item "Other items, net" of the "Cash flows from operating activities" section of the Unaudited Consolidated Statements of Cash Flows are the following changes to Unaudited Consolidated Statement of Financial Position line items:
	(Dollars in millions)	First Six Months
		2014			2013
	Other current assets	$	21		$	22
	Other noncurrent assets	16			19
	Payables and other current liabilities	(28		)	(60		)
	Long-term liabilities and equity	(42		)	(66		)
	Total	$	(33	)	$	(85	)
	These changes included monetized positions from raw material and energy, currency, and certain interest rate hedges, prepaid insurance, miscellaneous deferrals, accrued taxes, interest accruals, and environmental accruals.

SEGMENT_INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2014
Segment Reporting [Abstract]	'
SEGMENT INFORMATION	'
	SEGMENT INFORMATION
	The Company's products and operations are currently managed and reported in five operating segments: Additives & Functional Products ("AFP"), Adhesives & Plasticizers ("A&P"), Advanced Materials ("AM"), Fibers, and Specialty Fluids &
	Intermediates ("SFI"). For additional information concerning the Company's segments' businesses and products, see Note 21, "Segment Information" to the consolidated financial statements in Part II, Item 8 of the Company's 2013 Annual Report on Form 10-K.
	Included in second quarter and first six months 2013 "other" sales revenue and operating earnings were the Perennial Wood™ growth initiative and the Photovoltaics product line acquired from Solutia. There were no sales revenue or operating losses related to Perennial Wood™ included in second quarter or first six months 2014 as a result of decisions made by management in 2013 not to continue its Perennial WoodTM growth initiative.
	Included in second quarter 2014 "other" operating loss were acquisition transaction and integration costs of $3 million and $7 million, respectively and a gain from the sale of previously impaired assets at the former Photovoltaics production facility in Germany of $5 million. Included in first six months 2014 "other" operating loss were acquisition transaction and integration costs of $3 million and $16 million, respectively, for the Solutia and aviation turbine oil business acquisitions. Included in first six months 2014 "other" operating loss were restructuring charges of $3 million, primarily for severance associated with the continued integration of Solutia. Included in second quarter and first six months 2013 "other" operating loss were Solutia integration costs of $8 million and $15 million, respectively, and restructuring charges of $3 million and $6 million, respectively, for the severance associated with the continued integration of Solutia.
		Second Quarter
	(Dollars in millions)	2014			2013
	Sales
	Additives & Functional Products	$	452		$	430
	Adhesives & Plasticizers	358			339
	Advanced Materials	631			625
	Fibers	386			363
	Specialty Fluids & Intermediates	633			677
	Total Sales by Segment	2,460			2,434
	Other	—			6
	Total Sales	$	2,460		$	2,440
		First Six Months
	(Dollars in millions)	2014			2013
	Sales
	Additives & Functional Products	$	875		$	849
	Adhesives & Plasticizers	703			684
	Advanced Materials	1,212			1,209
	Fibers	740			709
	Specialty Fluids & Intermediates	1,234			1,284
	Total Sales by Segment	4,764			4,735
	Other	1			12
	Total Sales	$	4,765		$	4,747
		Second Quarter
	(Dollars in millions)	2014			2013
	Operating Earnings (Loss)
	Additives & Functional Products (1)(2)(3)	$	105		$	104
	Adhesives & Plasticizers (2)	56			49
	Advanced Materials (2)(3)	80			82
	Fibers	123			116
	Specialty Fluids & Intermediates (2)(4)	94			117
	Total Operating Earnings by Segment	458			468
	Other (5)
	Growth initiatives and businesses not allocated to segments (6)(7)(8)	(15		)	(32		)
	Pension and other postretirement benefit costs not allocated to operating segments	3			3
	Acquisition transaction, integration, and restructuring costs (9)(10)(11)	(10		)	(11		)
	Total Operating Earnings	$	436		$	428
	(1)	Included in second quarter 2014 earnings is a $2 million gain related to the sale of previously impaired assets at a former polymers production facility in China.
	(2)	Included in second quarter 2013 earnings are restructuring charges of $2 million, $1 million, $2 million, and $1 million in the AFP, A&P, AM, and SFI segments, respectively, primarily related to severance.
	(3)	Included in second quarter 2013 earnings is a reduction in previous charges associated with the fourth quarter 2012 termination of the operating agreement for the Sao Jose dos Campos, Brazil site, which is reported as reductions of $1 million and $3 million in the AFP and AM segments, respectively.
	(4)	Included in second quarter 2014 are additional costs of acquired aviation turbine oil business inventories. Approximately one quarter, or $2 million, of these inventories were sold in second quarter 2014 resulting in an increase in cost of sales. For additional information see Note 2, "Acquisitions".
	(5)	R&D, certain components of pension and other postretirement benefits, and other expenses and income not identifiable to an operating segment are not included in segment operating results for either of the periods presented and are shown as "other" operating earnings (loss).
	(6)	Businesses not allocated to segments in 2013 included the Perennial Wood™ growth initiative and Photovoltaics product line, both of which ceased production in the second half of 2013. Businesses not allocated to segments in 2014 include Eastman™ microfiber technology.
	(7)	Included in second quarter 2014 earnings is a $5 million gain for sales of previously impaired assets at the former Photovoltaics production facility in Germany.
	(8)	Included in second quarter 2013 earnings are asset impairments and restructuring charges of $13 million primarily for the closure of a production facility in Germany for the Photovoltaics product line.
	(9)	Included in second quarter 2014 are transaction costs of $3 million for the acquisition of the aviation turbine oil business in June 2014.
	(10)	Included in second quarter 2014 are integration costs of $7 million, primarily for the acquired Solutia businesses. Included in second quarter 2013 are integration costs of $8 million for the acquired Solutia businesses.
	(11)	Included in second quarter 2013 earnings are restructuring charges of $3 million primarily for severance associated with the continued integration of Solutia.
		First Six Months
	(Dollars in millions)	2014			2013
	Operating Earnings (Loss)
	Additives & Functional Products (1)(2)(3)	$	199		$	202
	Adhesives & Plasticizers (2)	103			98
	Advanced Materials (2)(3)(4)	141			147
	Fibers	240			230
	Specialty Fluids & Intermediates (2)(5)	158			212
	Total Operating Earnings by Segment	841			889
	Other (6)
	Growth initiatives and businesses not allocated to segments (7)(8)(9)	(28		)	(53		)
Pension and other postretirement benefit costs not allocated to operating segments	6			6
Acquisition transaction, integration, and restructuring costs (10)(11)(12)	(22		)	(21		)
Total Operating Earnings	$	797		$	821
(1)	Included in first six months 2014 earnings is a $2 million gain related to the sale of previously impaired assets at a former polymers production facility in China.
(2)	Included in first six months 2013 earnings are restructuring charges of $2 million, $1 million, $2 million, and $1 million in the AFP, A&P, AM, and SFI segments, respectively, primarily related to severance.
(3)	Included in first six months 2013 earnings is a reduction in previous charges associated with the fourth quarter 2012 termination of the operating agreement for the Sao Jose dos Campos, Brazil site, which is reported as reductions of $1 million and $3 million in the AFP and AM segments, respectively.
(4)	Included in first six months 2014 earnings are asset impairments and restructuring charges of $10 million primarily for the closure of a production facility in Taiwan for the Flexvue® product line.
(5)	Included in first six months 2014 are additional costs of acquired aviation turbine oil business inventories. Approximately one quarter, or $2 million, of these inventories were sold in second quarter 2014 resulting in an increase in cost of sales. For additional information see Note 2, "Acquisitions".
(6)	R&D, certain components of pension and other postretirement benefits, and other expenses and income not identifiable to an operating segment are not included in segment operating results for either of the periods presented and are shown as "other" operating earnings (loss).
(7)	Businesses not allocated to segments in 2013 included the Perennial Wood™ growth initiative and Photovoltaics product line, both of which ceased production in the second half of 2013. Businesses not allocated to segments in 2014 include Eastman™ microfiber technology.
(8)	Included in first six months 2014 earnings is a $5 million gain for sales of previously impaired assets at the former Photovoltaics production facility in Germany.
(9)	Included in first six months 2013 earnings are asset impairments and restructuring charges of $13 million primarily for the closure of a production facility in Germany for the Photovoltaics product line.
(10)	Included in first six months 2014 are transaction costs of $3 million for the acquisition of the aviation turbine oil business in June 2014.
(11)	Included in first six months 2014 are integration costs of $16 million, primarily for the acquired Solutia businesses. Included in first six months 2013 are integration costs $15 million for the acquired Solutia businesses.
(12)	Included in first six months 2014 and 2013 are restructuring charges of $3 million and $6 million, respectively, primarily for severance associated with the continued integration of Solutia.
	June 30,			December 31,
(Dollars in millions)	2014			2013
Assets by Segment (1)
Additives & Functional Products	$	3,012		$	2,940
Adhesives & Plasticizers	1,043			996
Advanced Materials	3,824			3,807
Fibers	995			974
Specialty Fluids & Intermediates	2,425			2,054
Total Assets by Segment	11,299			10,771
Corporate Assets	939			1,074
Total Assets	$	12,238		$	11,845
(1)	The chief operating decision maker holds segment management accountable for accounts receivable, inventory, fixed assets, goodwill, and intangible assets.

RECENTLY_ISSUED_ACCOUNTING_STA

RECENTLY ISSUED ACCOUNTING STANDARDS	6 Months Ended
	Jun. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
RECENTLY ISSUED ACCOUNTING STANDARDS	'
	RECENTLY ISSUED ACCOUNTING STANDARDS
	In April 2014, the Financial Accounting Standards Board ("FASB") issued amended accounting guidance for discontinued operations. The amendments improve the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity that represents strategic shifts that have (or will have) a major effect on any entity's operations and financial results. Examples of a strategic shift that has (or will have) a major effect on an entity's operations and financial results could include a disposal of a major geographical area, a major line of business, a major equity method investment, or other major parts of an entity. The amendments require an entity to present, for each comparative period, the assets and liabilities of a disposal group that includes a discontinued operation separately in the assets and liability sections, respectively, of the statement of financial position. In addition to enhanced disclosures for discontinued operations, disclosures are required for disposal of an individually significant component of an entity that does not qualify for discontinued operations presentation in the financial statements. This guidance is effective prospectively for reporting periods beginning on or after December 15, 2014. Early adoption is permitted, but only for disposals that have not been reported in financial statements previously issued or available for issuance. The Company has concluded that changes in its accounting required by this new guidance will not materially impact the Company's future accounting for any discontinued operations or its financial position or results of operations.
	In May 2014, the FASB and International Accounting Standards Board jointly issued new principles-based accounting guidance for revenue recognition that will supersede virtually all existing revenue guidance. The core principle of this guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. To achieve the core principle, the guidance establishes the following five steps: 1) identify the contract(s) with a customer, 2) identify the performance obligation in the contract, 3) determine the transaction price, 4) allocate the transaction price to the performance obligations in the contract, and 5) recognize revenue when (or as) the entity satisfies a performance obligation. The guidance also details the accounting treatment for costs to obtain or fulfill a contract. Lastly, disclosure requirements have been enhanced to provide sufficient information to enable users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. This guidance is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. The Company is currently evaluating the impact on the Company's financial position or results of operations and related disclosures.

BASIS_OF_PRESENTATION_Basis_of

BASIS OF PRESENTATION Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Significant Accounting Policies [Text Block]	'
	The accompanying unaudited consolidated financial statements have been prepared by Eastman Chemical Company (the "Company" or "Eastman") in accordance and consistent with the accounting policies stated in the Company's 2013 Annual Report on Form 10-K and should be read in conjunction with the consolidated financial statements in Part II, Item 8 of the Company's 2013 Annual Report on Form 10-K. The December 31, 2013 financial position data included herein was derived from the audited consolidated financial statements included in the 2013 Form 10-K but does not include all disclosures required by accounting principles generally accepted in the United States ("GAAP"). The unaudited consolidated financial statements are prepared in conformity with GAAP and of necessity include some amounts that are based upon management estimates and judgments.  Future actual results could differ from such current estimates.  The unaudited consolidated financial statements include assets, liabilities, sales revenue, and expenses of all majority-owned subsidiaries and joint ventures in which a controlling interest is maintained.  Eastman accounts for other joint ventures and investments where it exercises significant influence on the equity basis.  Intercompany transactions and balances are eliminated in consolidation.  Certain prior period data has been reclassified in the Consolidated Financial Statements and accompanying footnotes to conform to current period presentation.
Discontinued Operations, Policy [Policy Text Block]	'
	In second quarter 2014, the Company recognized $2 million, net of tax, in earnings from discontinued operations from final settlement of commercial litigation related to the previously discontinued polyethylene terephthalate ("PET") business.

ACQUISITIONS_ACQUISITIONS_Tabl

ACQUISITIONS ACQUISITIONS (Tables)	6 Months Ended
	Jun. 30, 2014
Acquisitions [Abstract]	'
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	'
	The table below shows the preliminary fair value purchase price allocation for this acquisition:
	(Dollars in millions)	As of June 2, 2014
	Current assets	$	42
	Machinery and equipment	11
	Goodwill	68
	Intangible assets	162
	Total purchase price	$	283
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]	'
	Intangible Assets acquired on June 2, 2014
	(Dollars in millions)	Fair Value		Weighted-Average Amortization Period (Years)
	Amortizable intangible assets
	Customer relationships	$	66	15
	Indefinite-lived intangible assets
	Brands	96
	Total	$	162

INVENTORIES_Tables

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2014
Inventory Disclosure [Abstract]	'
Schedule of inventories	'
		June 30,			December 31,
	(Dollars in millions)	2014			2013
	At FIFO or average cost (approximates current cost)
	Finished goods	$	1,046		$	976
	Work in process	301			300
	Raw materials and supplies	509			494
	Total inventories	1,856			1,770
	LIFO Reserve	(502		)	(506		)
	Total inventories	$	1,354		$	1,264

PAYABLES_AND_OTHER_CURRENT_LIA1

PAYABLES AND OTHER CURRENT LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2014
Payables and Accruals [Abstract]	'
Schedule of payables and other current liabilities	'
		June 30,		December 31,
	(Dollars in millions)	2014		2013
	Trade creditors	$	704	$	762
	Accrued payrolls, vacation, and variable-incentive compensation	123		205
	Accrued taxes	68		80
	Post-employment obligations	56		59
	Interest payable	49		46
	Environmental contingent liabilities, current portion	40		40
	Other	234		278
	Total payables and other current liabilities	$	1,274	$	1,470

PROVISION_FOR_INCOME_TAXES_Tab

PROVISION FOR INCOME TAXES (Tables)	6 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	'
		Second Quarter						First Six Months
	(Dollars in millions)	2014			2013			2014			2013
	Provision for income taxes from continuing operations	$	107		$	116		$	195		$	213
	Effective tax rate	27		%	30		%	27		%	29		%

BORROWINGS_Tables

BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2014
Debt Disclosure [Abstract]	'
Long-term Borrowings	'
		June 30,			December 31,
	(Dollars in millions)	2014			2013
	Borrowings consisted of:
	3% notes due 2015	$	250		$	250
	2.4% notes due 2017	998			998
	6.30% notes due 2018	170			171
	5.5% notes due 2019	250			250
	4.5% notes due 2021	250			250
	3.6% notes due 2022	893			894
	7 1/4% debentures due 2024	243			243
	7 5/8% debentures due 2024	54			54
	7.60% debentures due 2027	222			222
	4.8% notes due 2042	497			497
	4.65% notes due 2044	495			—
	Credit facilities and commercial paper borrowings	451			425
	Total borrowings	4,773			4,254
	Borrowings due within one year	—			—
	Long-term borrowings	$	4,773		$	4,254
Fair Value of Borrowings	'
						Fair Value Measurements at June 30, 2014
	(Dollars in millions)		Recorded Amount June 30, 2014			Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	Long-term borrowings		$	4,773		$	5,097	$	4,646	$	451	$	—
						Fair Value Measurements at December 31, 2013
	(Dollars in millions)		Recorded Amount December 31, 2013			Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	Long-term borrowings		$	4,254		$	4,366	$	3,941	$	425	$	—

DERIVATIVES_Tables

DERIVATIVES (Tables)	6 Months Ended
	Jun. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Financial assets and liabilities valued on a recurring basis	'
	The following chart shows the gross financial assets and liabilities valued on a recurring basis.
	(Dollars in millions)					Fair Value Measurements at June 30, 2014
	Description	June 30, 2014				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	Derivative Assets	$	45			$	—			$	45			$	—
	Derivative Liabilities	(36		)		—				(36		)		—
		$	9			$	—			$	9			$	—
	(Dollars in millions)					Fair Value Measurements at December 31, 2013
	Description	December 31, 2013				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
	Derivative Assets	$	58			$	—			$	58			$	—
	Derivative Liabilities	(46		)		—				(46		)		—
		$	12			$	—			$	12			$	—
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	'
	The table below presents a rollforward of activity for these assets (liabilities) for the period ended June 30, 2014:
	Fair Value Measurements Using Level 3 Inputs
	Commodity Contracts	Second Quarter								First Six Months
	(Dollars in millions)	2014				2013				2014				2013
	Balance at beginning of period	$	—			$	(12	)		$	—			$	(5	)
	Realized gain (loss) in sales revenue	—				(3		)		—				(7		)
	Change in unrealized gain (loss)	—				5				—				(2		)
	Settlements	—				3				—				7
	Transfers (out) in of Level 3	—				—				—				—
	Balance at end of period	$	—			$	(7	)		$	—			$	(7	)
Schedule of Derivative Financial Assets and Liabilities Based on Fair Value on Recurring Basis and Balance Sheet Location	'
	Fair Value of Derivatives Designated as Hedging Instruments
	(Dollars in millions)			Fair Value Measurements Significant Other Observable Inputs
	Derivative Assets	Statement of Financial Position Location		June 30, 2014				December 31, 2013
	Cash Flow Hedges
	Commodity contracts	Other current assets		$	15			$	20
	Commodity contracts	Other noncurrent assets		9				7
	Foreign exchange contracts	Other current assets		14				17
	Foreign exchange contracts	Other noncurrent assets		7				14
				$	45			$	58
	(Dollars in millions)			Fair Value Measurements Significant Other Observable Inputs
	Derivative Liabilities	Statement of Financial Position Location		June 30, 2014				December 31, 2013
	Fair Value Hedges
	Interest rate swaps	Other long-term liabilities		$	1			$	—
	Cash Flow Hedges
	Commodity contracts	Payables and other current liabilities		2				—
	Commodity contracts	Other long-term liabilities		1				—
	Foreign exchange contracts	Payables and other current liabilities		16				21
	Foreign exchange contracts	Other long-term liabilities		16				25
				$	36			$	46
Derivative Instrument Gain Loss in Statement of Financial Performance	'
	Derivatives' Hedging Relationships
		Second Quarter
	(Dollars in millions)	Location of Gain/(Loss) Recognized in Income on Derivatives		Amount of Gain/ (Loss) Recognized Income on Derivatives
	Derivatives in Fair Value Hedging Relationships			June 30, 2014				June 30, 2013
	Interest rate contracts	Net interest expense		$	1			$	—
				$	1			$	—
		First Six Months
	(Dollars in millions)	Location of Gain/(Loss) Recognized in Income on Derivatives		Amount of Gain/ (Loss) Recognized Income on Derivatives
	Derivatives in Fair Value Hedging Relationships			June 30, 2014				June 30, 2013
	Interest rate contracts	Net interest expense		$	1			$	—
				$	1			$	—
		Second Quarter
	(Dollars in millions)	Change in amount after tax of gain/(loss) recognized in Other Comprehensive Income on derivatives (effective portion)								Location of gain/(loss) reclassified from Accumulated Other Comprehensive Income into income (effective portion)		Pre-tax amount of gain/(loss) reclassified from Accumulated Other Comprehensive Income into income (effective portion)
	Derivatives' Cash Flow Hedging Relationships	June 30,				June 30,						June 30,				June 30,
		2014				2013						2014				2013
	Commodity contracts	$	(3	)		$	(2	)		Sales		$	—			$	(3	)
										Cost of Sales		11				(3		)
	Foreign exchange contracts	4				(6		)		Sales		—				4
	Forward starting interest rate swap contracts	(1		)		1				Net interest expense		(2		)		(2		)
		$	—			$	(7	)				$	9			$	(4	)
		First Six Months
	(Dollars in millions)	Change in amount after tax of gain/(loss) recognized in Other Comprehensive Income on derivatives (effective portion)								Location of gain/(loss) reclassified from Accumulated Other Comprehensive Income into income (effective portion)		Pre-tax amount of gain/(loss) reclassified from Accumulated Other Comprehensive Income into income (effective portion)
	Derivatives' Cash Flow Hedging Relationships	June 30,				June 30,						June 30,				June 30,
		2014				2013						2014				2013
	Commodity contracts	$	(5	)		$	(4	)		Sales		$	—			$	(7	)
										Cost of sales		19				(3		)
	Foreign exchange contracts	2				11				Sales		(1		)		6
	Forward starting interest rate swap contracts	—				2				Net interest expense		(4		)		(4		)
		$	(3	)		$	9					$	14			$	(8	)

RETIREMENT_PLANS_Tables

RETIREMENT PLANS (Tables)	6 Months Ended
	Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]	'
Components of net periodic benefit cost	'
	Components of net periodic benefit cost were as follows:
		Second Quarter
		Pension Plans												Other Postretirement Benefit Plans
		2014						2013						2014			2013
	(Dollars in millions)	U.S.			Non-U.S.			U.S.			Non-U.S.
	Components of net periodic benefit cost:
	Service cost	$	10		$	4		$	11		$	3		$	2		$	3
	Interest cost	25			8			22			7			11			11
	Expected return on assets	(35		)	(10		)	(32		)	(8		)	(1		)	(2		)
	Amortization of:
	Prior service cost (credit)	(1		)	—			(1		)	—			(6		)	(5		)
	Net periodic benefit cost	$	(1	)	$	2		$	—		$	2		$	6		$	7
		First Six Months
		Pension Plans												Other Postretirement Benefit Plans
		2014						2013						2014			2013
	(Dollars in millions)	U.S.			Non-U.S.			U.S.			Non-U.S.
	Components of net periodic benefit cost:
	Service cost	$	20		$	7		$	21		$	7		$	4		$	6
	Interest cost	50			16			44			14			22			22
	Expected return on assets	(71		)	(19		)	(64		)	(17		)	(3		)	(4		)
	Amortization of:
	Prior service cost (credit)	(2		)	—			(2		)	—			(12		)	(10		)
	Net periodic benefit cost	$	(3	)	$	4		$	(1	)	$	4		$	11		$	14

ENVIRONMENTAL_MATTERS_Tables

ENVIRONMENTAL MATTERS (Tables)	6 Months Ended
	Jun. 30, 2014
Accrual for Environmental Loss Contingencies Disclosure [Abstract]	'
Schedule of changes to environmental remediation liabilities	'
	The amounts charged to pre-tax earnings for environmental remediation and related charges are included in cost of sales and other charges (income), net, and are summarized below:
	(Dollars in millions)	Environmental Remediation Liabilities
	Balance at December 31, 2013	$	341
	Changes in estimates recorded to earnings and other	4
	Cash reductions	(11		)
	Balance at June 30, 2014	$	334
Schedule of environmental remediation liabilities, current and non-current	'
	The Company's total environmental reserve for environmental contingencies, including remediation costs and asset retirement obligations, is recorded in the Unaudited Consolidated Statements of Financial Position as follows:
	(Dollars in millions)	June 30, 2014			December 31, 2013
	Environmental contingent liabilities, current	$	40		$	40
	Environmental contingent liabilities, long-term	314			328
	Total	$	354		$	368

STOCKHOLDERS_EQUITY_Tables

STOCKHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2014
Stockholders' Equity Note [Abstract]	'
Reconciliation of the changes in stockholders' equity	'
	A reconciliation of the changes in stockholders' equity for first six months 2014 is provided below:
	(Dollars in millions)	Common Stock at Par Value			Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)		Treasury Stock at Cost			Total Stockholders' Equity Attributed to Eastman			Noncontrolling Interest $		Total Stockholders' Equity $
		$			$			$			$		$			$
	Balance at December 31, 2013	2			1,778			4,012			171		(2,167	)		3,796			79		3,875
	Net Earnings	—			—			525			—		—			525			3		528
	Cash Dividends Declared (1)	—			—			(106	)		—		—			(106	)		—		(106	)
	($0.70 per share)
	Other Comprehensive Income	—			—			—			2		—			2			—		2
	Share-Based Compensation Expense (2)	—			16			—			—		—			16			—		16
	Stock Option Exercises	—			11			—			—		—			11			—		11
	Other (3)	—			(2	)		—			—		—			(2	)		(1	)	(3	)
	Share Repurchase	—			—			—			—		(360	)		(360	)		—		(360	)
	Distributions to Noncontrolling Interest	—			—			—			—		—			—			(4	)	(4	)
	Balance at June 30, 2014	2			1,803			4,431			173		(2,527	)		3,882			77		3,959
Accumulated Other Comprehensive Income (Loss)	'
		Cumulative Translation Adjustment				Benefit Plans Unrecognized Prior Service Credits				Unrealized Gains (Losses) on Derivative Instruments			Unrealized Losses on Investments				Accumulated Other Comprehensive Income (Loss)
	(Dollars in millions)
	Balance at December 31, 2012	$	105			$	65			$	(46	)	$	(1	)		$	123
	Period change	28				13				7			—				48
	Balance at December 31, 2013	133				78				(39		)	(1		)		171
	Period change	13				(8		)		(3		)	—				2
	Balance at June 30, 2014	$	146			$	70			$	(42	)	$	(1	)		$	173
Schedule of components of comprehensive income (loss) before tax and net of tax effects	'
	Components of other comprehensive income recorded in the Unaudited Consolidated Statements of Earnings, Comprehensive Income and Retained Earnings are presented below, before tax and net of tax effects:
		Second Quarter
		2014								2013
	(Dollars in millions)	Before Tax				Net of Tax				Before Tax			Net of Tax
	Other comprehensive income (loss)
	Change in cumulative translation adjustment	$	9			$	9			$	15		$	15
	Defined benefit pension and other postretirement benefit plans:
	Amortization of unrecognized prior service credits included in net periodic costs (1)	(7		)		(4		)		(6		)	(3		)
	Derivatives and hedging: (2)
	Unrealized (loss) gain	9				6				(16		)	(10		)
	Reclassification adjustment for gains included in net income	(9		)		(6		)		5			3
	Change in derivatives and hedging	—				—				(11		)	(7		)
	Total other comprehensive income (loss)	$	2			$	5			$	(2	)	$	5
		First Six Months
		2014								2013
	(Dollars in millions)	Before Tax				Net of Tax				Before Tax			Net of Tax
	Other comprehensive income (loss)
	Change in cumulative translation adjustment	$	12			$	13			$	(35	)	$	(35	)
	Defined benefit pension and other postretirement benefit plans:
	Amortization of unrecognized prior service credits included in net periodic costs (1)	(14		)		(8		)		(12		)	(7		)
	Derivatives and hedging:(2)
	Unrealized gain (loss) during period	9				6				7			4
	Reclassification adjustment for gains included in net income	(14		)		(9		)		8			5
	Change in derivatives and hedging	(5		)		(3		)		15			9
	Total other comprehensive income (loss)	$	(7	)		$	2			$	(32	)	$	(33	)

EARNINGS_AND_DIVIDENDS_PER_SHA1

EARNINGS AND DIVIDENDS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Earnings per share, basic and diluted	'
	The following table sets forth the computation of basic and diluted earnings per share ("EPS") from continuing operations:
		Second Quarter				First Six Months
		2014		2013		2014		2013
	(In millions, except per share amounts)
	Numerator
	Earnings attributable to Eastman stockholders:
	Earnings from continuing operations, net of tax	$	290	$	264	$	523	$	511
	Denominator
	Weighted average shares used for basic EPS	149.5		154.4		150.4		154.4
	Dilutive effect of stock options and other award plans	1.8		2.3		1.8		2.3
	Weighted average shares used for diluted EPS	151.3		156.7		152.2		156.7
	EPS from continuing operations (1)
	Basic	$	1.94	$	1.71	$	3.47	$	3.31
	Diluted	$	1.92	$	1.69	$	3.43	$	3.26

ASSETS_IMPAIRMENTS_AND_RESTRUC1

ASSETS IMPAIRMENTS AND RESTRUCTURING CHARGES, NET (Tables)	6 Months Ended
	Jun. 30, 2014
Restructuring Costs and Asset Impairment Charges [Abstract]	'
Changes to restructuring reserve and related activities	'
	The following table summarizes the changes in other asset impairments and restructuring gains and charges, the non-cash reductions attributable to asset impairments, and the cash reductions in shutdown reserves for severance costs and site closure costs paid for full year 2013 and first six months 2014:
	(Dollars in millions)	Balance at January 1, 2013		Provision/ Adjustments			Non-cash Reductions			Cash Reductions			Balance at December 31, 2013
	Non-cash charges	$	—	$	28		$	(28	)	$	—		$	—
	Severance costs	4		27			2			(11		)	22
	Site closure and restructuring costs	21		21			(16		)	(12		)	14
	Total	$	25	$	76		$	(42	)	$	(23	)	$	36
	(Dollars in millions)	Balance at January 1, 2014		Provision/ Adjustments			Non-cash Reductions			Cash Reductions			Balance at June 30, 2014
	Non-cash charges	$	—	$	8		$	(8	)	$	—		$	—
	Severance costs	22		3			—			(14		)	11
	Site closure and restructuring costs	14		(5		)	—			(1		)	8
	Total	$	36	$	6		$	(8	)	$	(15	)	$	19

SUPPLEMENTAL_CASH_FLOW_INFORMA1

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2014
Supplemental Cash Flow Information [Abstract]	'
Schedule of Cash Flow, Supplemental Disclosures	'
	Included in the line item "Other items, net" of the "Cash flows from operating activities" section of the Unaudited Consolidated Statements of Cash Flows are the following changes to Unaudited Consolidated Statement of Financial Position line items:
	(Dollars in millions)	First Six Months
		2014			2013
	Other current assets	$	21		$	22
	Other noncurrent assets	16			19
	Payables and other current liabilities	(28		)	(60		)
	Long-term liabilities and equity	(42		)	(66		)
	Total	$	(33	)	$	(85	)

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2014
Segment Reporting [Abstract]	'
Segment Information Disclosure	'
		Second Quarter
	(Dollars in millions)	2014			2013
	Sales
	Additives & Functional Products	$	452		$	430
	Adhesives & Plasticizers	358			339
	Advanced Materials	631			625
	Fibers	386			363
	Specialty Fluids & Intermediates	633			677
	Total Sales by Segment	2,460			2,434
	Other	—			6
	Total Sales	$	2,460		$	2,440
		First Six Months
	(Dollars in millions)	2014			2013
	Sales
	Additives & Functional Products	$	875		$	849
	Adhesives & Plasticizers	703			684
	Advanced Materials	1,212			1,209
	Fibers	740			709
	Specialty Fluids & Intermediates	1,234			1,284
	Total Sales by Segment	4,764			4,735
	Other	1			12
	Total Sales	$	4,765		$	4,747
		Second Quarter
	(Dollars in millions)	2014			2013
	Operating Earnings (Loss)
	Additives & Functional Products (1)(2)(3)	$	105		$	104
	Adhesives & Plasticizers (2)	56			49
	Advanced Materials (2)(3)	80			82
	Fibers	123			116
	Specialty Fluids & Intermediates (2)(4)	94			117
	Total Operating Earnings by Segment	458			468
	Other (5)
	Growth initiatives and businesses not allocated to segments (6)(7)(8)	(15		)	(32		)
	Pension and other postretirement benefit costs not allocated to operating segments	3			3
	Acquisition transaction, integration, and restructuring costs (9)(10)(11)	(10		)	(11		)
	Total Operating Earnings	$	436		$	428
	(1)	Included in second quarter 2014 earnings is a $2 million gain related to the sale of previously impaired assets at a former polymers production facility in China.
	(2)	Included in second quarter 2013 earnings are restructuring charges of $2 million, $1 million, $2 million, and $1 million in the AFP, A&P, AM, and SFI segments, respectively, primarily related to severance.
	(3)	Included in second quarter 2013 earnings is a reduction in previous charges associated with the fourth quarter 2012 termination of the operating agreement for the Sao Jose dos Campos, Brazil site, which is reported as reductions of $1 million and $3 million in the AFP and AM segments, respectively.
	(4)	Included in second quarter 2014 are additional costs of acquired aviation turbine oil business inventories. Approximately one quarter, or $2 million, of these inventories were sold in second quarter 2014 resulting in an increase in cost of sales. For additional information see Note 2, "Acquisitions".
	(5)	R&D, certain components of pension and other postretirement benefits, and other expenses and income not identifiable to an operating segment are not included in segment operating results for either of the periods presented and are shown as "other" operating earnings (loss).
	(6)	Businesses not allocated to segments in 2013 included the Perennial Wood™ growth initiative and Photovoltaics product line, both of which ceased production in the second half of 2013. Businesses not allocated to segments in 2014 include Eastman™ microfiber technology.
	(7)	Included in second quarter 2014 earnings is a $5 million gain for sales of previously impaired assets at the former Photovoltaics production facility in Germany.
	(8)	Included in second quarter 2013 earnings are asset impairments and restructuring charges of $13 million primarily for the closure of a production facility in Germany for the Photovoltaics product line.
	(9)	Included in second quarter 2014 are transaction costs of $3 million for the acquisition of the aviation turbine oil business in June 2014.
	(10)	Included in second quarter 2014 are integration costs of $7 million, primarily for the acquired Solutia businesses. Included in second quarter 2013 are integration costs of $8 million for the acquired Solutia businesses.
	(11)	Included in second quarter 2013 earnings are restructuring charges of $3 million primarily for severance associated with the continued integration of Solutia.
		First Six Months
	(Dollars in millions)	2014			2013
	Operating Earnings (Loss)
	Additives & Functional Products (1)(2)(3)	$	199		$	202
	Adhesives & Plasticizers (2)	103			98
	Advanced Materials (2)(3)(4)	141			147
	Fibers	240			230
	Specialty Fluids & Intermediates (2)(5)	158			212
	Total Operating Earnings by Segment	841			889
	Other (6)
	Growth initiatives and businesses not allocated to segments (7)(8)(9)	(28		)	(53		)
	Pension and other postretirement benefit costs not allocated to operating segments	6			6
	Acquisition transaction, integration, and restructuring costs (10)(11)(12)	(22		)	(21		)
	Total Operating Earnings	$	797		$	821
	(1)	Included in first six months 2014 earnings is a $2 million gain related to the sale of previously impaired assets at a former polymers production facility in China.
	(2)	Included in first six months 2013 earnings are restructuring charges of $2 million, $1 million, $2 million, and $1 million in the AFP, A&P, AM, and SFI segments, respectively, primarily related to severance.
(3)	Included in first six months 2013 earnings is a reduction in previous charges associated with the fourth quarter 2012 termination of the operating agreement for the Sao Jose dos Campos, Brazil site, which is reported as reductions of $1 million and $3 million in the AFP and AM segments, respectively.
(4)	Included in first six months 2014 earnings are asset impairments and restructuring charges of $10 million primarily for the closure of a production facility in Taiwan for the Flexvue® product line.
(5)	Included in first six months 2014 are additional costs of acquired aviation turbine oil business inventories. Approximately one quarter, or $2 million, of these inventories were sold in second quarter 2014 resulting in an increase in cost of sales. For additional information see Note 2, "Acquisitions".
(6)	R&D, certain components of pension and other postretirement benefits, and other expenses and income not identifiable to an operating segment are not included in segment operating results for either of the periods presented and are shown as "other" operating earnings (loss).
(7)	Businesses not allocated to segments in 2013 included the Perennial Wood™ growth initiative and Photovoltaics product line, both of which ceased production in the second half of 2013. Businesses not allocated to segments in 2014 include Eastman™ microfiber technology.
(8)	Included in first six months 2014 earnings is a $5 million gain for sales of previously impaired assets at the former Photovoltaics production facility in Germany.
(9)	Included in first six months 2013 earnings are asset impairments and restructuring charges of $13 million primarily for the closure of a production facility in Germany for the Photovoltaics product line.
(10)	Included in first six months 2014 are transaction costs of $3 million for the acquisition of the aviation turbine oil business in June 2014.
(11)	Included in first six months 2014 are integration costs of $16 million, primarily for the acquired Solutia businesses. Included in first six months 2013 are integration costs $15 million for the acquired Solutia businesses.
(12)	Included in first six months 2014 and 2013 are restructuring charges of $3 million and $6 million, respectively, primarily for severance associated with the continued integration of Solutia.
	June 30,			December 31,
(Dollars in millions)	2014			2013
Assets by Segment (1)
Additives & Functional Products	$	3,012		$	2,940
Adhesives & Plasticizers	1,043			996
Advanced Materials	3,824			3,807
Fibers	995			974
Specialty Fluids & Intermediates	2,425			2,054
Total Assets by Segment	11,299			10,771
Corporate Assets	939			1,074
Total Assets	$	12,238		$	11,845
(1)	The chief operating decision maker holds segment management accountable for accounts receivable, inventory, fixed assets, goodwill, and intangible assets.

BASIS_OF_PRESENTATION_Basis_of1

BASIS OF PRESENTATION Basis of Presentation (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Accounting Policies [Abstract]	'	'	'	'
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent	$2	$0	$2	$0

ACQUISITIONS_ACQUISITIONS_Deta

ACQUISITIONS ACQUISITIONS (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014	Jun. 02, 2014	Jun. 02, 2014	Jun. 30, 2014	Jun. 02, 2014
In Millions, unless otherwise specified			BP plc [Member]	BP plc [Member]	BP plc [Member]	Customer Relationships [Member]	Customer Relationships [Member]
					Trade Names [Member]	BP plc [Member]	BP plc [Member]
Assets Acquired and Liabilities Assumed, Net [Abstract]	'	'	'	'	'	'	'
Current Assets	'	'	'	$42	'	'	'
Machinery and Equipment	'	'	'	11	'	'	'
Goodwill	2,701	2,637	'	68	'	'	'
Intangible assets	'	'	'	162	'	'	66
Total purchase price	'	'	283	'	'	'	'
Intangible Assets Acquired [Abstract]	'	'	'	'	'	'	'
Intangible assets	'	'	'	162	'	'	66
Weighted Average Amortization Period	'	'	'	'	'	'15 years	'
Indefinite-lived intangible assets	'	'	'	'	96	'	'
Acquisition Transaction, Integration, and Other Costs [Abstract]	'	'	'	'	'	'	'
Business Acquisition, Transaction Costs	'	'	'	3	'	'	'
Integration Costs	'	'	1	'	'	'	'
Business Combinations, Additional Costs Of Acquired Inventory, Net	'	'	$2	'	'	'	'

INVENTORIES_Details

INVENTORIES (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
At FIFO or average cost (approximates current cost) [Abstract]	'	'
Finished goods	$1,046	$976
Work in process	301	300
Raw materials and supplies	509	494
Total inventories	1,856	1,770
LIFO Reserve	-502	-506
Total inventories	$1,354	$1,264
Inventories valued on the LIFO method (in hundredths)	60.00%	60.00%

PAYABLES_AND_OTHER_CURRENT_LIA2

PAYABLES AND OTHER CURRENT LIABILITIES (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Payables and Accruals [Abstract]	'	'
Trade creditors	$704	$762
Accrued payrolls, vacation, and variable-incentive compensation	123	205
Accrued taxes	68	80
Post-employment obligations	56	59
Interest payable	49	46
Environmental contingent liabilities, current portion	40	40
Other	234	278
Total payables and other current liabilities	$1,274	$1,470

PROVISION_FOR_INCOME_TAXES_PRO

PROVISION FOR INCOME TAXES PROVISION FOR INCOME TAXES (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]	'	'	'	'
Provision for income taxes from continuing operations	$107	$116	$195	$213
Effective tax rate	27.00%	30.00%	27.00%	29.00%
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount	'	'	'	$10

BORROWINGS_Part_1_Details_Sche

BORROWINGS Part 1 (Details) Schedule of Long-term Debt Instruments (USD $)	3 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Debt Instrument [Line Items]	'	'
Borrowings due within one year	$0	$0
Long-term borrowings, net of current portion	4,773	4,254
3% debentures due 2015 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2015	'
Debt Instrument, Interest Rate, Stated Percentage	3.00%	'
Long-term Debt	250	250
2.4% notes due 2017 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2017	'
Debt Instrument, Interest Rate, Stated Percentage	2.40%	'
Long-term Debt	998	998
6.30% notes due 2018 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2018	'
Debt Instrument, Interest Rate, Stated Percentage	6.30%	'
Long-term Debt	170	171
5.5% notes due 2019 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2019	'
Debt Instrument, Interest Rate, Stated Percentage	5.50%	'
Long-term Debt	250	250
4.5% debentures due 2021 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2021	'
Debt Instrument, Interest Rate, Stated Percentage	4.50%	'
Long-term Debt	250	250
3.6% notes due 2022 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2022	'
Debt Instrument, Interest Rate, Stated Percentage	3.60%	'
Long-term Debt	893	894
7 1/4% debentures due 2024 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2024	'
Debt Instrument, Interest Rate, Stated Percentage	7.25%	'
Long-term Debt	243	243
7 5/8% debentures due 2024 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2024	'
Debt Instrument, Interest Rate, Stated Percentage	7.63%	'
Long-term Debt	54	54
7.60% debentures due 2027 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2027	'
Debt Instrument, Interest Rate, Stated Percentage	7.60%	'
Long-term Debt	222	222
4.8% notes due 2042 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2042	'
Debt Instrument, Interest Rate, Stated Percentage	4.80%	'
Long-term Debt	497	497
4.65% notes due 2044 [Member]	'	'
Debt Instrument [Line Items]	'	'
Debt Instrument Maturity Date Year	'2044	'
Debt Instrument, Interest Rate, Stated Percentage	4.65%	'
Long-term Debt	495	0
Debt Instrument, Face Amount	500	'
Debt Issuance Cost	10	'
Proceeds from Issuance of notes	490	'
Credit Facility [Member]	'	'
Debt Instrument [Line Items]	'	'
Long-term Debt	$451	$425

BORROWINGS_Part_2_Details

BORROWINGS Part 2 (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014	Dec. 31, 2013
	Accounts Receivable Facility [Member]	Accounts Receivable Facility [Member]	Accounts Receivable Facility [Member]	Credit Facility [Member]	Commercial Paper [Member]	Commercial Paper [Member]	Line of Credit [Member]	Line of Credit [Member]
Credit Facilities [Abstract]	'	'	'	'	'	'	'	'
Credit Facility, Description	'	'	'The Company also has a $250 million line of credit under its accounts receivable securitization agreement (the "A/R Facility"), expiring April 2016.B B Borrowings under the A/R Facility are subject to interest rates based on a spread over the lender's borrowing costs, and the Company pays a fee to maintain availability of the A/R Facility.	' The Company has access to borrowings under a $1 billion revolving credit agreement (the "Credit Facility") expiring October 2018.B B	'	'	'	'
Credit Facility, Borrowing Capacity	$250	'	$250	$1,000	'	'	$799	$825
Credit Facility, Expiration	'	'	30-Apr-16	31-Oct-18	'	'	'	'
Proceeds from AR Facility	'	125	'	'	'	'	'	'
Repayments on AR Facility	125	'	'	'	'	'	'	'
Credit Facility Covenant Compliance	'	'	'	'contain a number of customary covenants and events of default, including the maintenance of certain financial ratios. The Company was in compliance with all such covenants for all periods presented	'	'	'	'
Line of Credit Facility, Commitment Fee Description	'	'	'Borrowings under the A/R Facility are subject to interest rates based on a spread over the lender's borrowing costs, and the Company pays a fee to maintain availability of the A/R Facility.B	'	'	'	'	'
Long-term Debt	'	'	'	'	$451	$425	'	'
Debt Instrument, Interest Rate, Stated Percentage	'	'	'	'	0.29%	0.35%	'	'

BORROWINGS_Part_3_Details_Fair

BORROWINGS Part 3 (Details) Fair Value (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Long-term borrowings	$4,773	$4,254
Fair Value, Measurements, Recurring [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Long-term Borrowings, Fair Value	5,097	4,366
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Long-term Borrowings, Fair Value	4,646	3,941
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Long-term Borrowings, Fair Value	451	425
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Long-term Borrowings, Fair Value	$0	$0

DERIVATIVES_Part_1_Details

DERIVATIVES Part 1 (Details)

6 Months Ended

In Millions, unless otherwise specified

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Dec. 31, 2013

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Fair Value Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Cash Flow Hedging [Member]

Interest Rate Swap [Member]

Commodity Contract [Member]

Commodity Contract [Member]

Commodity Contract [Member]

Foreign Exchange Contract [Member]

Foreign Exchange Contract [Member]

Foreign Exchange Contract [Member]

Foreign Exchange Contract [Member]

Foreign Exchange Contract [Member]

Foreign Exchange Contract [Member]

Foreign Exchange Contract [Member]

Foreign Exchange Contract [Member]

USD ($)

Raw Materials [Member]

Raw Materials [Member]

Energy Related Derivative [Member]

Euro Member Countries, Euro

Euro Member Countries, Euro

Euro Member Countries, Euro

Euro Member Countries, Euro

Japan, Yen

Japan, Yen

Japan, Yen

Japan, Yen

bbl

bbl

MMBTU

USD ($)

EUR (€)

USD ($)

EUR (€)

USD ($)

JPY (¥)

USD ($)

JPY (¥)

Hedging Programs [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

Objectives for Using Derivative Instruments

'The Company is exposed to market risk, such as changes in currency exchange rates, commodity prices, and interest rates.B B The Company uses various derivative financial instruments when appropriate pursuant to the Company's hedging policies to mitigate these market risk factors and their effect on the cash flows of the underlying transactions.B B Designation is performed on a specific exposure basis to support hedge accounting.B B The changes in fair value of these hedging instruments are offset in part or in whole by corresponding changes in the cash flows of the underlying exposures being hedged.B B The Company does not hold or issue derivative financial instruments for trading purposes.

'

'

'

'

'

'

'

'

'

'

'

'

Derivative [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Derivative, Notional Amount

'

$400

'

'

'

$1,320

€ 954

$1,320

€ 954

$65

¥ 6,600

$80

¥ 8,300

Derivative, Nonmonetary Notional Amount

'

'

15,000,000

8,000,000

4,000,000

'

'

'

'

'

'

'

'

DERIVATIVES_Part_2_Details

DERIVATIVES Part 2 (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Asset, Fair Value, Gross Asset	$45	$58
Derivative Liability, Fair Value, Gross Liability	-36	-46
Fair Value, Measurements, Recurring [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Asset, Fair Value, Gross Asset	45	58
Derivative Liability, Fair Value, Gross Liability	-36	-46
Derivative, Fair Value, Net	9	12
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Liability, Fair Value, Gross Liability	0	0
Derivative, Fair Value, Net	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Asset, Fair Value, Gross Asset	45	58
Derivative Liability, Fair Value, Gross Liability	-36	-46
Derivative, Fair Value, Net	9	12
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Liability, Fair Value, Gross Liability	0	0
Derivative, Fair Value, Net	$0	$0

DERIVATIVES_Part_3_Details

DERIVATIVES Part 3 (Details) (Commodity Contract [Member], USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Commodity Contract [Member]	'	'	'	'
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation Calculation [Roll Forward]	'	'	'	'
Balance at beginning of period	$0	($12)	$0	($5)
Realized gain (loss) in sales revenue	0	-3	0	-7
Change in unrealized gain (loss)	0	5	0	-2
Settlements	0	3	0	7
Transfers (out) in of Level 3	0	0	0	0
Balance at end of period	$0	($7)	$0	($7)

DERIVATIVES_Part_4_Details

DERIVATIVES Part 4 (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Derivatives, Fair Value [Line Items]	'	'
Derivative Assets	$29	'
Derivative Liabilities	-20	'
Derivative Assets [Abstract]	'	'
Derivative Asset, Fair Value, Gross Asset	45	58
Derivative Liabilities [Abstract]	'	'
Derivative Liability, Fair Value, Gross Liability	36	46
Interest Rate Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Liabilities [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Fair Value Hedge Liabilities	1	0
Commodity Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Assets [Member]	'	'
Derivative Assets [Abstract]	'	'
Derivative Assets, Cash Flow Hedge, Fair Value	15	20
Commodity Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Assets [Member]	'	'
Derivative Assets [Abstract]	'	'
Derivative Assets, Cash Flow Hedge, Fair Value	9	7
Commodity Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Liabilities [Member]	'	'
Derivative Liabilities [Abstract]	'	'
Derivative Liability, Cash Flow Hedge, Fair Value	1	0
Commodity Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]	'	'
Derivative Liabilities [Abstract]	'	'
Derivative Liability, Cash Flow Hedge, Fair Value	2	0
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Assets [Member]	'	'
Derivative Assets [Abstract]	'	'
Derivative Assets, Cash Flow Hedge, Fair Value	14	17
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Assets [Member]	'	'
Derivative Assets [Abstract]	'	'
Derivative Assets, Cash Flow Hedge, Fair Value	7	14
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Noncurrent Liabilities [Member]	'	'
Derivative Liabilities [Abstract]	'	'
Derivative Liability, Cash Flow Hedge, Fair Value	16	25
Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member] | Other Current Liabilities [Member]	'	'
Derivative Liabilities [Abstract]	'	'
Derivative Liability, Cash Flow Hedge, Fair Value	$16	$21

RETIREMENT_PLANS_Details

RETIREMENT PLANS (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Components of net periodic benefit cost [Abstract]	'	'	'	'
Amount of U.S. defined benefit penson plan funded by the company	'	'	$27	$24
United States Pension Plans of US Entity, Defined Benefit [Member]	'	'	'	'
Components of net periodic benefit cost [Abstract]	'	'	'	'
Service cost	10	11	20	21
Interest cost	25	22	50	44
Expected return on assets	-35	-32	-71	-64
Amortization of prior service credit	-1	-1	-2	-2
Net periodic benefit cost	-1	0	-3	-1
Foreign Pension Plans, Defined Benefit [Member]	'	'	'	'
Components of net periodic benefit cost [Abstract]	'	'	'	'
Service cost	4	3	7	7
Interest cost	8	7	16	14
Expected return on assets	-10	-8	-19	-17
Amortization of prior service credit	0	0	0	0
Net periodic benefit cost	2	2	4	4
Post Retirement Welfare Plans [Member]	'	'	'	'
Components of net periodic benefit cost [Abstract]	'	'	'	'
Service cost	2	3	4	6
Interest cost	11	11	22	22
Expected return on assets	-1	-2	-3	-4
Amortization of prior service credit	-6	-5	-12	-10
Net periodic benefit cost	$6	$7	$11	$14

COMMITMENTS_Details

COMMITMENTS (Details) (USD $)	6 Months Ended
	Jun. 30, 2014
Purchase obligations [Abstract]	'
Purchase Obligations	$2,100,000,000
Purchase Obligation Description	'over a period of approximately 30 years for materials, supplies, and energy incident to the ordinary conduct of business.
Lease commitments [Abstract]	'
Operating Lease Commitments, Cancelable Noncancelable and Month-to-month	261,000,000
Percentage of Operating Lease Commitments related to machinery and equipment (in hundredths)	10.00%
Percentage of Operating Lease Commitments related to real property (in hundredths)	60.00%
Percentage of Operating Lease Commitments related to railcars (in hundredths)	30.00%
Guarantees [Abstract]	'
Operating Lease Residual Value Guarantees	121,000,000
Maximum potential future payment, other guarantees	$22,000,000
Guarantor Obligations, Term	'These other guarantees have terms between 1 and 15 years

ENVIRONMENTAL_MATTERS_Details

ENVIRONMENTAL MATTERS (Details) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Site Contingency [Line Items]	'	'
Amount Accrued to Date for Environmental Contingent Liabilities	$354	'
Portion Of Environmental Reserve Related To Previously Closed, Impaired, And Divested Sites	10	9
Best Estimate Accrued to-date For Asset Retirement Obligation	20	27
Accrual for Environmental Loss Contingencies [Roll Forward]	'	'
Beginning of period	368	'
End of period	354	'
Accrual for Environmental Loss Contingencies, Balance Sheet Classification [Abstract]	'	'
Accrued Environmental Loss Contingencies, Current	40	40
Accrued Environmental Loss Contingencies, Noncurrent	314	328
Amount Accrued to Date for Environmental Contingent Liabilities	354	'
Accrual for Environmental Loss Contingencies, Significant Assumptions	'Reserves for environmental remediation that management believes to be probable and estimable are recorded as current and long-term liabilities in the Unaudited Consolidated Statements of Financial Position. These reserves include liabilities expected to be paid out within 30 years.	'
Environmental Remediation [Member]	'	'
Site Contingency [Line Items]	'	'
Loss Contingency, Range of Possible Loss, Minimum	334	341
Loss Contingency, Range of Possible Loss, Maximum	570	581
Accrual for Environmental Loss Contingencies [Roll Forward]	'	'
Net charges taken	4	'
Cash reductions	($11)	'

STOCKHOLDERS_EQUITY_STOCKHOLDE

STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY Part 1 (Details) (USD $)	3 Months Ended		6 Months Ended			12 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014		Jun. 30, 2013	Dec. 31, 2013
Stockholders' Equity Note [Abstract]	'	'	'		'	'
Dividends, Per Share	$0.35	$0.30	$0.70		$0.60	'
Statement [Line Items]	'	'	'		'	'
Stockholders' Equity Attributable to Parent	$3,882	'	$3,882		'	$3,796
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	3,959	'	3,959		'	3,875
Net Income (Loss) Attributable to Parent	292	264	525		511	'
Net Income (Loss), attributable to noncontrolling interest	2	2	3		3	'
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	294	266	528		514	'
Dividends, Common Stock, Cash	52	47	106	[1]	93	'
Other Comprehensive Income (Loss), Net of Tax	5	5	2		-33	48
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	'	'	16	[2]	'	'
Stock Issued During Period, Value, Stock Options Exercised	'	'	11		'	'
Stockholders' Equity, Other	'	'	3	[3]	'	'
Share Repurchase	'	'	360		'	'
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	'	'	4		'	'
Common Stock [Member]	'	'	'		'	'
Statement [Line Items]	'	'	'		'	'
Stockholders' Equity Attributable to Parent	2	'	2		'	2
Net Income (Loss) Attributable to Parent	'	'	0		'	'
Dividends, Common Stock, Cash	'	'	0		'	'
Other Comprehensive Income (Loss), Net of Tax	'	'	0		'	'
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	'	'	0		'	'
Stock Issued During Period, Value, Stock Options Exercised	'	'	0		'	'
Stockholders' Equity, Other	'	'	0		'	'
Share Repurchase	'	'	0		'	'
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	'	'	0		'	'
Additional Paid-in Capital [Member]	'	'	'		'	'
Statement [Line Items]	'	'	'		'	'
Stockholders' Equity Attributable to Parent	1,803	'	1,803		'	1,778
Net Income (Loss) Attributable to Parent	'	'	0		'	'
Dividends, Common Stock, Cash	'	'	0		'	'
Other Comprehensive Income (Loss), Net of Tax	'	'	0		'	'
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	'	'	16	[2]	'	'
Stock Issued During Period, Value, Stock Options Exercised	'	'	11		'	'
Stockholders' Equity, Other	'	'	2	[3]	'	'
Share Repurchase	'	'	0		'	'
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	'	'	0		'	'
Retained Earnings [Member]	'	'	'		'	'
Statement [Line Items]	'	'	'		'	'
Stockholders' Equity Attributable to Parent	4,431	'	4,431		'	4,012
Net Income (Loss) Attributable to Parent	'	'	525		'	'
Dividends, Common Stock, Cash	'	'	106	[1]	'	'
Other Comprehensive Income (Loss), Net of Tax	'	'	0		'	'
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	'	'	0		'	'
Stock Issued During Period, Value, Stock Options Exercised	'	'	0		'	'
Stockholders' Equity, Other	'	'	0		'	'
Share Repurchase	'	'	0		'	'
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	'	'	0		'	'
Accumulated Other Comprehensive Income (Loss) [Member]	'	'	'		'	'
Statement [Line Items]	'	'	'		'	'
Stockholders' Equity Attributable to Parent	173	'	173		'	171
Net Income (Loss) Attributable to Parent	'	'	0		'	'
Dividends, Common Stock, Cash	'	'	0		'	'
Other Comprehensive Income (Loss), Net of Tax	'	'	2		'	'
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	'	'	0		'	'
Stock Issued During Period, Value, Stock Options Exercised	'	'	0		'	'
Stockholders' Equity, Other	'	'	0		'	'
Share Repurchase	'	'	0		'	'
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	'	'	0		'	'
Treasury Stock [Member]	'	'	'		'	'
Statement [Line Items]	'	'	'		'	'
Stockholders' Equity Attributable to Parent	-2,527	'	-2,527		'	-2,167
Net Income (Loss) Attributable to Parent	'	'	0		'	'
Dividends, Common Stock, Cash	'	'	0		'	'
Other Comprehensive Income (Loss), Net of Tax	'	'	0		'	'
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	'	'	0		'	'
Stock Issued During Period, Value, Stock Options Exercised	'	'	0		'	'
Stockholders' Equity, Other	'	'	0		'	'
Share Repurchase	'	'	360		'	'
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	'	'	0		'	'
Parent [Member]	'	'	'		'	'
Statement [Line Items]	'	'	'		'	'
Stockholders' Equity Attributable to Parent	3,882	'	3,882		'	3,796
Net Income (Loss) Attributable to Parent	'	'	525		'	'
Dividends, Common Stock, Cash	'	'	106	[1]	'	'
Other Comprehensive Income (Loss), Net of Tax	'	'	2		'	'
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	'	'	16	[2]	'	'
Stock Issued During Period, Value, Stock Options Exercised	'	'	11		'	'
Stockholders' Equity, Other	'	'	2	[3]	'	'
Share Repurchase	'	'	360		'	'
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	'	'	0		'	'
Noncontrolling Interest [Member]	'	'	'		'	'
Statement [Line Items]	'	'	'		'	'
Stockholders' Equity Attributable to Parent	77	'	77		'	79
Dividends, Common Stock, Cash	'	'	0		'	'
Other Comprehensive Income (Loss), Net of Tax	'	'	0		'	'
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	'	'	0		'	'
Stock Issued During Period, Value, Stock Options Exercised	'	'	0		'	'
Stockholders' Equity, Other	'	'	1	[3]	'	'
Share Repurchase	'	'	0		'	'
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	'	'	$4		'	'
[1]	Includes cash dividends paid and dividends declared, but unpaid.
[2]	Includes the fair value of equity share-based awards recognized for share-based compensation.
[3]	Paid in capital includes tax benefits/charges relating to the difference between the amounts deductible for federal income taxes over the amounts charged to income for book value purposes have been adjusted to paid-in capital and other items. Equity attributable to noncontrolling interest includes adjustments for currency revaluation.

STOCKHOLDERS_EQUITY_STOCKHOLDE1

STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY Part 2 AOCI (Details) (USD $)	3 Months Ended				6 Months Ended				12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013		Dec. 31, 2013	Dec. 31, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'		'		'		'	'
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	$146		'		$146		'		$133	$105
Accumulated Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net of Tax	70		'		70		'		78	65
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax	-42		'		-42		'		-39	-46
Accumulated Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax	-1		'		-1		'		-1	-1
Accumulated Other Comprehensive Income (Loss), Net of Tax	173		'		173		'		171	123
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	9		15		13		-35		28	'
Amortization of unrecognized prior service credits included in net periodic costs	-4	[1]	-3	[1]	-8	[1]	-7	[1]	13	'
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	0		-7		-3		9		7	'
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Parent	'		'		0		'		0	'
Other Comprehensive Income (Loss), Net of Tax	$5		$5		$2		($33)		$48	'
[1]	Included in the calculation of net periodic benefit costs for pension and other postretirement benefit plans. See Note 8, "Retirement Plans".

STOCKHOLDERS_EQUITY_STOCKHOLDE2

STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY Part 3 OCI (Details) (USD $)	3 Months Ended				6 Months Ended				12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013		Dec. 31, 2013
Other Comprehensive Income (Loss), Net of Tax [Abstract]	'		'		'		'		'
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax	$9		$15		$12		($35)		'
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	9		15		13		-35		28
Other Comprehensive (Income) Loss, Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service Cost (Credit), before Tax	-7	[1]	-6	[1]	-14	[1]	-12	[1]	'
Other Comprehensive Income (Loss), Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service (Cost) Credit, Net of Tax	-4	[1]	-3	[1]	-8	[1]	-7	[1]	13
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	9		-16		9		7		'
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	6		-10		6		4		'
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	-9		5		-14		8		'
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax	-6		3		-9		5		'
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax	0		-11		-5		15		'
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	0		-7		-3		9		7
Other Comprehensive Income (Loss), before Tax	2		-2		-7		-32		'
Other Comprehensive Income (Loss), Net of Tax	5		5		2		-33		48
Increase (Decrease) in Other Current Assets	'		'		($21)		($22)		'
[1]	Included in the calculation of net periodic benefit costs for pension and other postretirement benefit plans. See Note 8, "Retirement Plans".

EARNINGS_AND_DIVIDENDS_PER_SHA2

EARNINGS AND DIVIDENDS PER SHARE (Details) (USD $)	3 Months Ended				6 Months Ended
In Millions, except Share data, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Earnings Per Share [Abstract]	'		'		'		'
Earnings from continuing operations, net of tax	$290		$264		$523		$511
Shares used for earnings per share calculation, Basic (in shares)	149,500,000		154,400,000		150,400,000		154,400,000
Weighted Average Number Diluted Shares Outstanding Adjustment	1,800,000		2,300,000		1,800,000		2,300,000
Shares used for earnings per share calculation, Diluted (in shares)	151,300,000		156,700,000		152,200,000		156,700,000
Earnings Per Share, Diluted	$1.93		$1.69		$3.45		$3.26
Net Income (Loss) Attributable to Parent	$292		$264		$525		$511
Income (Loss) from Continuing Operations, Per Basic Share	$1.94	[1]	$1.71	[1]	$3.47	[1]	$3.31	[1]
Income (Loss) from Continuing Operations, Per Diluted Share	$1.92	[1]	$1.69	[1]	$3.43	[1]	$3.26	[1]
Underlying options excluded from the computation of diluted earnings per share (in shares)	210,143		317,879		210,143		121,070
Shares repurchased (in shares)	1,153,784		670,200		4,326,556		1,115,700
Cash dividends declared (per share)	$0.35		$0.30		$0.70		$0.60
[1]	Earnings per share are calculated using whole dollars and shares.

ASSETS_IMPAIRMENTS_AND_RESTRUC2

ASSETS IMPAIRMENTS AND RESTRUCTURING CHARGES, NET (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'
Asset Impairment Charges	'	'	$8	$6	'
Asset impairments and restructuring charges (gains), net	-7	18	6	21	'
Restructuring Charge [Roll Forward]	'	'	'	'	'
Balance at Beginning of Period	'	'	36	25	25
Provision / Adjustments	'	'	6	'	76
Non-cash Reductions	'	'	-8	'	-42
Cash Reductions	'	'	-15	'	-23
Balance at End of Period	19	'	19	'	36
Tawain closure [Member]	'	'	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'
Gain (Loss) on Disposition of Assets	-2	'	'	'	'
Asset Impairment Charges	'	'	8	'	'
Restructuring Charges	'	'	2	'	'
Non-Cash Charges [Member]	'	'	'	'	'
Restructuring Charge [Roll Forward]	'	'	'	'	'
Balance at Beginning of Period	'	'	0	0	0
Provision / Adjustments	'	'	8	'	28
Non-cash Reductions	'	'	-8	'	-28
Cash Reductions	'	'	0	'	0
Balance at End of Period	0	'	0	'	0
Employee Severance [Member]	'	'	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'
Restructuring Charges	'	18	3	21	'
Restructuring Charge [Roll Forward]	'	'	'	'	'
Balance at Beginning of Period	'	'	22	4	4
Provision / Adjustments	'	'	3	'	27
Non-cash Reductions	'	'	0	'	2
Cash Reductions	'	'	-14	'	-11
Balance at End of Period	11	'	11	'	22
Facility Closing [Member]	'	'	'	'	'
Restructuring Charge [Roll Forward]	'	'	'	'	'
Balance at Beginning of Period	'	'	14	21	21
Provision / Adjustments	'	'	-5	'	21
Non-cash Reductions	'	'	0	'	-16
Cash Reductions	'	'	-1	'	-12
Balance at End of Period	8	'	8	'	14
Germany Site Closure [Member]	'	'	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'
Gain (Loss) on Disposition of Assets	-5	'	'	'	'
Asset Impairment Charges	'	7	'	'	'
Restructuring Charges	'	5	'	'	'
Voluntary Separation Plan [Member]	'	'	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'
Severance Charges	'	6	'	'	'
Brazil Site Closure [Member]	'	'	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'
Asset impairments and restructuring charges (gains), net	'	4	'	'	'
Restructuring Costs Related to Acquisitions [Member] | Solutia [Member]	'	'	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'
Restructuring Charges	'	$3	$3	$6	'

SHAREBASED_COMPENSATION_AWARDS1

SHARE-BASED COMPENSATION AWARDS (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Allocated Share-based Compensation Expense	$8	$8	$17	$19
Share-based compensation net of deferred tax expense	$5	$5	$10	$12

SUPPLEMENTAL_CASH_FLOW_INFORMA2

SUPPLEMENTAL CASH FLOW INFORMATION (Details) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Supplemental Cash Flow Information [Abstract]	'	'
Current assets	$21	$22
Other assets	16	19
Current liabilities	-28	-60
Long-term liabilities and equity	-42	-66
Total	($33)	($85)

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended				6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013		Dec. 31, 2013
Segment Reporting Information [Line Items]	'		'		'		'		'
Increase (Decrease) in Other Current Assets	'		'		($21)		($22)		'
Number of Operating Segments	'		'		5		'		'
Asset impairments and restructuring charges (gains), net	-7		18		6		21		'
Sales [Abstract]	'		'		'		'		'
Sales	2,460		2,440		4,765		4,747		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	436		428		797		821		'
Segment Reporting Information, Additional Information [Abstract]	'		'		'		'		'
Assets by Segment	12,238		'		12,238		'		11,845
Operating Segments [Member]	'		'		'		'		'
Sales [Abstract]	'		'		'		'		'
Sales	2,460		2,434		4,764		4,735		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	458		468		841		889		'
Segment Reporting Information, Additional Information [Abstract]	'		'		'		'		'
Assets by Segment	11,299		'		11,299		'		10,771
Corporate and Other [Member]	'		'		'		'		'
Sales [Abstract]	'		'		'		'		'
Sales	0		6		1		12		'
Segment Reporting Information, Additional Information [Abstract]	'		'		'		'		'
Assets by Segment	939		'		939		'		1,074
Transaction Costs Related to Acquisitions [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Transaction Costs	3		'		3		'		'
Integration Costs Related to Acquisitions [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Integration Costs	7		'		16		'		'
Integration Costs Related to Acquisitions [Member] | Solutia [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Integration Costs	'		8		'		15		'
Restructuring Costs Related to Acquisitions [Member] | Solutia [Member]	'		'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'		'
Restructuring Charges	'		3		3		6		'
Growth Initiatives and Businesses not Allocated to Segments [Member] | Corporate and Other [Member]	'		'		'		'		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	-15	[1],[2],[3]	-32	[1],[2],[4]	-28	[1],[2],[5]	-53	[1],[2],[6]	'
Pension and OPEB Costs Not Allocated to Operating Segments [Member] | Corporate and Other [Member]	'		'		'		'		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	3		3		6		6		'
Transaction, Integration, and Restructuring Costs Related to Solutia Acquisition [Member] | Corporate and Other [Member]	'		'		'		'		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	-10	[7],[8]	-11	[7],[9]	-22	[10],[11],[12]	-21	[10],[11]	'
Additives And Functional Products [Member] | Operating Segments [Member]	'		'		'		'		'
Sales [Abstract]	'		'		'		'		'
Sales	452		430		875		849		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	105	[13]	104	[13],[14]	199	[15]	202	[16],[17]	'
Segment Reporting Information, Additional Information [Abstract]	'		'		'		'		'
Assets by Segment	3,012		'		3,012		'		2,940	[18]
Adhesives And Plasticizers [Member] | Operating Segments [Member]	'		'		'		'		'
Sales [Abstract]	'		'		'		'		'
Sales	358		339		703		684		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	56		49	[14]	103		98	[16]	'
Segment Reporting Information, Additional Information [Abstract]	'		'		'		'		'
Assets by Segment	1,043		'		1,043		'		996
Advanced Materials [Member] | Operating Segments [Member]	'		'		'		'		'
Sales [Abstract]	'		'		'		'		'
Sales	631		625		1,212		1,209		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	80		82	[14],[19]	141	[20]	147	[16],[17]	'
Segment Reporting Information, Additional Information [Abstract]	'		'		'		'		'
Assets by Segment	3,824		'		3,824		'		3,807
Fibers [Member] | Operating Segments [Member]	'		'		'		'		'
Sales [Abstract]	'		'		'		'		'
Sales	386		363		740		709		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	123		116		240		230		'
Segment Reporting Information, Additional Information [Abstract]	'		'		'		'		'
Assets by Segment	995		'		995		'		974
Specialty Fluids And Intermediates [Member] | Operating Segments [Member]	'		'		'		'		'
Sales [Abstract]	'		'		'		'		'
Sales	633		677		1,234		1,284		'
Operating Earnings (loss) [Abstract]	'		'		'		'		'
Operating Earnings (loss)	94	[21]	117	[14]	158	[22]	212	[16]	'
Segment Reporting Information, Additional Information [Abstract]	'		'		'		'		'
Assets by Segment	$2,425		'		$2,425		'		$2,054
[1]	Businesses not allocated to segments in 2013 included the Perennial Woodb" growth initiative and Photovoltaics product line, both of which ceased production in the second half of 2013. Businesses not allocated to segments in 2014 include Eastmanb" microfiber technology.
[2]	R&D, certain components of pension and other postretirement benefits, and other expenses and income not identifiable to an operating segment are not included in segment operating results for either of the periods presented and are shown as "other" operating earnings (loss).
[3]	Included in second quarter 2014 earnings is a $5 million gain for sales of previously impaired assets at the former Photovoltaics production facility in Germany.
[4]	Included in second quarter 2013 earnings are asset impairments and restructuring charges of $13 million primarily for the closure of a production facility in Germany for the Photovoltaics product line.
[5]	Included in first six months 2014 earnings is a $5 million gain for sales of previously impaired assets at the former Photovoltaics production facility in Germany.
[6]	Included in first six months 2013 earnings are asset impairments and restructuring charges of $13 million primarily for the closure of a production facility in Germany for the Photovoltaics product line.
[7]	Included in second quarter 2014 are integration costs of $7 million, primarily for the acquired Solutia businesses. Included in second quarter 2013 are integration costs of $8 million for the acquired Solutia businesses.
[8]	Included in second quarter 2014 are transaction costs of $3 million for the acquisition of the aviation turbine oil business in June 2014.
[9]	Included in second quarter 2013 earnings are restructuring charges of $3 million primarily for severance associated with the continued integration of Solutia.
[10]	Included in first six months 2014 are integration costs of $16 million, primarily for the acquired Solutia businesses. Included in first six months 2013 are integration costs $15 million for the acquired Solutia businesses.
[11]	Included in first six months 2014 and 2013 are restructuring charges of $3 million and $6 million, respectively, primarily for severance associated with the continued integration of Solutia.
[12]	Included in first six months 2014 are transaction costs of $3 million for the acquisition of the aviation turbine oil business in June 2014.
[13]	Included in second quarter 2014 earnings is a $2 million gain related to the sale of previously impaired assets at a former polymers production facility in China.
[14]	Included in second quarter 2013 earnings are restructuring charges of $2 million, $1 million, $2 million, and $1 million in the AFP, A&P, AM, and SFI segments, respectively, primarily related to severance.
[15]	Included in first six months 2014 earnings is a $2 million gain related to the sale of previously impaired assets at a former polymers production facility in China.
[16]	Included in first six months 2013 earnings are restructuring charges of $2 million, $1 million, $2 million, and $1 million in the AFP, A&P, AM, and SFI segments, respectively, primarily related to severance.
[17]	Included in first six months 2013 earnings is a reduction in previous charges associated with the fourth quarter 2012 termination of the operating agreement for the Sao Jose dos Campos, Brazil site, which is reported as reductions of $1 million and $3 million in the AFP and AM segments, respectively.
[18]	June 30,B DecemberB 31,(Dollars in millions)2014B 2013Assets by Segment (1) Additives & Functional Products$3,012B $2,940Adhesives & Plasticizers1,043B 996Advanced Materials3,824B 3,807Fibers995B 974Specialty Fluids & Intermediates2,425B 2,054Total Assets by Segment11,299B 10,771Corporate Assets939B 1,074Total Assets$12,238B $11,845(1)B The chief operating decision maker holds segment management accountable for accounts receivable, inventory, fixed assets, goodwill, and intangible
[19]	Included in second quarter 2013 earnings is a reduction in previous charges associated with the fourth quarter 2012 termination of the operating agreement for the Sao Jose dos Campos, Brazil site, which is reported as reductions of $1 million and $3 million in the AFP and AM segments, respectively.
[20]	Included in first six months 2014 earnings are asset impairments and restructuring charges of $10 million primarily for the closure of a production facility in Taiwan for the FlexvueB. product line.
[21]	Included in second quarter 2014 are additional costs of acquired aviation turbine oil business inventories. Approximately one quarter, or $2 million, of these inventories were sold in second quarter 2014 resulting in an increase in cost of sales. For additional information see Note 2, "Acquisitions".
[22]	Included in first six months 2014 are additional costs of acquired aviation turbine oil business inventories. Approximately one quarter, or $2 million, of these inventories were sold in second quarter 2014 resulting in an increase in cost of sales. For additional information see Note 2, "Acquisitions".