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Below are the financial statements of Eastman Chemical, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Eastman Chemical, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 837a | 548a |
| Trade receivables, net of allowance for credit losses | 791a | 826a |
| Miscellaneous receivables | 381a | 328a |
| Inventories | 1,988a | 1,683a |
| Other current assets | 104a | 96a |
| Total current assets | 4,101a | 3,481a |
| Properties | — | — |
| Properties and equipment at cost | 13,985a | 13,574a |
| Less: accumulated depreciation | 8,370a | 8,026a |
| Net properties | 5,615a | 5,548a |
| Goodwill | 3,632a | 3,646a |
| Intangible assets, net of accumulated amortization | 1,032a | 1,138a |
| Other noncurrent assets | 833a | 820a |
| Total assets | 15,213a | 14,633a |
| Liabilities and stockholders' equity | — | — |
| Current liabilities | — | — |
| Payables and other current liabilities | 2,258a | 2,035a |
| Borrowings due within one year | 450a | 541a |
| Total current liabilities | 2,708a | 2,576a |
| Long-term borrowings | 4,567a | 4,305a |
| Deferred income tax liabilities | 533a | 601a |
| Post-employment obligations | 630a | 667a |
| Other long-term liabilities | 923a | 954a |
| Total liabilities | 9,361a | 9,103a |
| Stockholders' equity | — | — |
| Common stock | 2a | 2a |
| Additional paid-in capital | 2,463a | 2,368a |
| Retained earnings | 10,013a | 9,490a |
| Accumulated other comprehensive loss | -314a | -319a |
| Less: treasury stock at cost | 6,385a | 6,083a |
| Total Eastman stockholders' equity | 5,779a | 5,458a |
| Noncontrolling interest | 73a | 72a |
| Total equity | 5,852a | 5,530a |
| Total liabilities and stockholders' equity | 15,213a | 14,633a |
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