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Eastman Chemical EMN Advanced Materials — Business Exit Costs
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Where this comes from
Reported directly by Eastman Chemical in its filing.
Tagged under the XBRL concept us-gaap:BusinessExitCosts1.
The source filing: Eastman Chemical’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 11:58 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000915389-26-000099
(1) First quarter 2026 included severance charges of $3 million and restructuring charges of $3 million related to the closure of a production line at a German performance films facility in the Advanced Materials ("AM") segment. In addition, inventory adjustments of $3 million in the AM segment were recognized in "Cost of sales" in the Unaudited Consolidated Statement of Earnings, Comprehensive Income, and Retained Earnings in first quarter 2026 related to this closure.
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Eastman Chemical's advanced materials — business exit costs?
- Eastman Chemical (EMN) reported advanced materials — business exit costs of $3M in Q1 2026.
- How has Eastman Chemical's advanced materials — business exit costs changed year-over-year?
- Eastman Chemical's advanced materials — business exit costs increased by 100.0% year-over-year, from $1.5M to $3M.
- What does advanced materials — business exit costs mean?
- Costs directly attributable to the closure, divestiture, or exit of specific product lines or business units within the Advanced Materials segment. This metric captures the financial impact of strategic portfolio pruning and the discontinuation of non-core operations.
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