<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF EASTMAN CHEMICAL COMPANY FOR THE TWELVE MONTHS ENDED 
DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH 
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                              29
<SECURITIES>                                         0
<RECEIVABLES>                                      793<F1>
<ALLOWANCES>                                         0
<INVENTORY>                                        511
<CURRENT-ASSETS>                                 1,490
<PP&E>                                           8,104
<DEPRECIATION>                                   4,223
<TOTAL-ASSETS>                                   5,778
<CURRENT-LIABILITIES>                              954
<BONDS>                                          1,714
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                       1,752
<TOTAL-LIABILITY-AND-EQUITY>                     5,778
<SALES>                                          4,678
<TOTAL-REVENUES>                                 4,678
<CGS>                                            3,582
<TOTAL-COSTS>                                    3,582
<OTHER-EXPENSES>                                   590
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  87
<INCOME-PRETAX>                                    446
<INCOME-TAX>                                       160
<INCOME-CONTINUING>                                286
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       286
<EPS-PRIMARY>                                     3.66
<EPS-DILUTED>                                     3.63
<FN>
<F1>ASSET VALUES REPRESENT NET AMOUNTS
</FN>