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Eastman Chemical Company$71.50$.17.24%

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Income Statement for Eastman Chemical Company
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $9,549.00 $9,008.00 $9,648.00
Cost of Goods Sold $7,095.00 $6,658.00 $7,068.00
Gross Profit $2,454.00 $2,350.00 $2,580.00
       
Research & Development Expense $215.00 $219.00 $251.00
Selling, General, & Admin. Expense $707.00 $748.00 $945.00
Income Before Depreciation $1,532.00 $1,383.00 $1,384.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income ($2.00) ($79.00) $8.00
Interest Expense $241.00 $255.00 $263.00
Pretax Income $1,289.00 $1,049.00 $1,129.00
       
Provision for Income Taxes ($99.00) $190.00 $275.00
Minority Interest $4.00 $5.00 $6.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $1,388.00 $859.00 $854.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $1,384.00 $854.00 $848.00
       
Basic Earnings Per Share $9.56 $5.80 $5.71
Diluted Earnings Per Share $9.47 $5.75 $5.66
       
Weighted Average Basic Shares Outstanding 144.80 147.30 148.60
Weighted Average Diluted Shares Outstanding 146.10 148.40 149.80
       
Income Before Non-Recurring Items $1,112.00 $1,003.00 $1,091.00
Income From Non-Recurring Items $362.00 ($137.00) ($243.00)
Diluted Earnings Per Share before extras $7.61 $6.76 $7.28
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $300.40 $277.36 $245.35
Dividend Per Share (common) $2.09 $1.89 $1.66




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