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STOCKHOLDERS' EQUITY
 9 Months Ended
Sep. 30, 2026
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY
Reconciliations of the changes in stockholders' equity for third quarter and first nine months 2026 and 2025 are provided below:
(Dollars in millions, except per share amount)Common Stock at Par ValueAdditional Paid-in CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)Treasury Stock at CostTotal Eastman Stockholders' EquityNoncontrolling InterestTotal Equity
Balance at June 30, 2026$2 $2,539 $10,201 $(160)$(6,486)$6,096 $79 $6,175 
Net Earnings— — 252 — — 252 1 253 
Cash Dividends Declared (1)
($0.84 per share)
— — (96)— — (96)— (96)
Other Comprehensive Income (Loss)— — — 8 — 8 — 8 
Share-Based Compensation Expense (2)
— 16 — — — 16 — 16 
Other (3)
— — — — — — (21)(21)
Balance at September 30, 2026$2 $2,555 $10,357 $(152)$(6,486)$6,276 $59 $6,335 
(Dollars in millions, except per share amount)Common Stock at Par ValueAdditional Paid-in CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)Treasury Stock at CostTotal Eastman Stockholders' EquityNoncontrolling InterestTotal Equity
Balance at June 30, 2025$2 $2,478 $10,143 $(353)$(6,435)$5,835 $71 $5,906 
Net Earnings— — 69 — — 69 — 69 
Cash Dividends Declared (1)
($0.83 per share)
— — (95)— — (95)— (95)
Other Comprehensive Income (Loss)— — — 22 — 22 — 22 
Share-Based Compensation Expense (2)
— 13 — — — 13 — 13 
Other— — — — (1)(1)1 — 
Share Repurchases
— — — — (50)(50)— (50)
Balance at September 30, 2025$2 $2,491 $10,117 $(331)$(6,486)$5,793 $72 $5,865 
(1)Cash dividends declared may consist of both paid and unpaid dividends.
(2)Share-based compensation expense is based on the fair value of share-based awards.
(3)Included a $20 million payment to acquire the remaining noncontrolling interest in a consolidated joint venture.
(Dollars in millions, except per share amount)Common Stock at Par ValueAdditional Paid-in CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)Treasury Stock at CostTotal Eastman Stockholders' EquityNoncontrolling InterestTotal Equity
Balance at December 31, 2025$2 $2,500 $10,105 $(160)$(6,486)$5,961 $76 $6,037 
Net Earnings— — 542 — — 542 2 544 
Cash Dividends Declared (1)
($2.52 per share)
— — (290)— — (290)— (290)
Other Comprehensive Income (Loss)— — — 8 — 8 — 8 
Share-Based Compensation Expense (2)
— 62 — — — 62 — 62 
Stock Option Exercises— 2 — — — 2 — 2 
Other (3)(4)
— (9)— — — (9)(16)(25)
Distributions to Noncontrolling Interest— — — — — — (3)(3)
Balance at September 30, 2026$2 $2,555 $10,357 $(152)$(6,486)$6,276 $59 $6,335 
(Dollars in millions, except per share amount)Common Stock at Par ValueAdditional Paid-in CapitalRetained EarningsAccumulated Other Comprehensive Income (Loss)Treasury Stock at CostTotal Eastman Stockholders' EquityNoncontrolling InterestTotal Equity
Balance at December 31, 2024$2 $2,463 $10,013 $(314)$(6,385)$5,779 $73 $5,852 
Net Earnings— — 391 — — 391 1 392 
Cash Dividends Declared (1)
($2.49 per share)
— — (287)— — (287)— (287)
Other Comprehensive Income (Loss)— — — (17)— (17)— (17)
Share-Based Compensation Expense (2)
— 38 — — — 38 — 38 
Stock Option Exercises— 2 — — — 2 — 2 
Other (3)
— (12)— — (1)(13)1 (12)
Share Repurchases
— — — — (100)(100)— (100)
Distributions to Noncontrolling Interest— — — — — — (3)(3)
Balance at September 30, 2025$2 $2,491 $10,117 $(331)$(6,486)$5,793 $72 $5,865 
(1)Cash dividends declared may consist of both paid and unpaid dividends.
(2)Share-based compensation expense is based on the fair value of share-based awards.
(3)Additional paid-in capital included the value of shares withheld for employees' taxes on vesting of share-based compensation awards.
(4)Noncontrolling interest included a $20 million payment to acquire the remaining noncontrolling interest in a consolidated joint venture.
Accumulated Other Comprehensive Income (Loss), Net of Tax
(Dollars in millions)Cumulative Translation AdjustmentBenefit Plans Unrecognized Prior Service CreditsUnrealized Gains (Losses) on Derivative InstrumentsUnrealized Losses on InvestmentsAccumulated Other Comprehensive Income (Loss)
Balance at December 31, 2025
$(283)$152 $(28)$(1)$(160)
Period change11 (22)19 — 8 
Balance at September 30, 2026$(272)$130 $(9)$(1)$(152)
Amounts of other comprehensive income (loss) are presented net of applicable taxes. Eastman recognizes deferred income taxes on the CTA related to branch operations and income from other entities included in the Company's consolidated U.S. tax return. No deferred income taxes are recognized on the CTA of other subsidiaries outside the U.S. because the CTA is considered to be a component of indefinitely invested, unremitted earnings of these foreign subsidiaries.

Components of OCI recognized in the Unaudited Consolidated Statements of Earnings and Comprehensive Income are presented below, before tax and net of tax effects:
Third Quarter
20262025
(Dollars in millions)Before TaxNet of TaxBefore TaxNet of Tax
Other comprehensive income (loss)
Change in cumulative translation adjustment$17 $15 $19 $15 
Defined benefit pension and other postretirement benefit plans:
Amortization of unrecognized prior service credits included in net periodic costs
(10)(7)— — 
Derivatives and hedging:
Unrealized gain (loss) during period(4)(3)1 1 
Reclassification adjustment for (gains) losses included in net income, net4 3 8 6 
Total other comprehensive income (loss)$7 $8 $28 $22 
First Nine Months
20262025
(Dollars in millions)Before TaxNet of TaxBefore TaxNet of Tax
Other comprehensive income (loss)
Change in cumulative translation adjustment$20 $11 $(25)$17 
Defined benefit pension and other postretirement benefit plans:
Amortization of unrecognized prior service credits included in net periodic costs(29)(22)— — 
Derivatives and hedging:
Unrealized gain (loss) during period20 15 (59)(44)
Reclassification adjustment for (gains) losses included in net income, net5 4 13 10 
Total other comprehensive income (loss)$16 $8 $(71)$(17)