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Eastman Chemical EMN Advanced Materials — Severance Costs
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Where this comes from
Reported directly by Eastman Chemical in its filing.
Tagged under the XBRL concept us-gaap:SeveranceCosts1.
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 — severance costs?
- Eastman Chemical (EMN) reported advanced materials — severance costs of $3M in Q1 2026.
- How has Eastman Chemical's advanced materials — severance costs changed year-over-year?
- Eastman Chemical's advanced materials — severance costs increased by 200.0% year-over-year, from $1M to $3M.
- What is the long-term trend for Eastman Chemical's advanced materials — severance costs?
- Over 4 years (2021 to 2025), Eastman Chemical's advanced materials — severance costs has grown at a 41.4% compound annual growth rate (CAGR), from $1M to $4M.
- What does advanced materials — severance costs mean?
- Represents the expenses incurred by the Advanced Materials business segment related to employee termination benefits and workforce reduction programs. These costs reflect organizational restructuring efforts aimed at optimizing the segment's labor structure and operational efficiency.
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