REVENUE (Tables)

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

Disaggregation of Revenue

The Company disaggregates its revenue from contracts with customers by operating segment and business, as the Company believes it best depicts the nature, amount, timing and uncertainty of its revenue and cash flows. See details in the tables below:

Net Trade Sales by Segment and Business	Three Months Ended				Nine Months Ended
In millions	Sep 30, 2022		Sep 30, 2021		Sep 30, 2022		Sep 30, 2021
Hydrocarbons & Energy	$	2,509	$	2,251	$	7,704	$	6,010
Packaging and Specialty Plastics	4,818		5,485		15,483		14,929
Packaging & Specialty Plastics	$	7,327	$	7,736	$	23,187	$	20,939
Industrial Solutions	$	1,420	$	1,377	$	4,381	$	3,627
Polyurethanes & Construction Chemicals	2,636		3,102		8,560		8,670
Other	3		2		12		6
Industrial Intermediates & Infrastructure	$	4,059	$	4,481	$	12,953	$	12,303
Coatings & Performance Monomers	$	1,052	$	1,110	$	3,256	$	2,975
Consumer Solutions	1,602		1,416		5,450		4,139
Performance Materials & Coatings	$	2,654	$	2,526	$	8,706	$	7,114
Corporate	$	75	$	94	$	197	$	248
Total	$	14,115	$	14,837	$	45,043	$	40,604

Net Trade Sales by Geographic Region	Three Months Ended				Nine Months Ended
In millions	Sep 30, 2022		Sep 30, 2021		Sep 30, 2022		Sep 30, 2021
U.S. & Canada	$	5,334	$	5,476	$	16,578	$	14,431
EMEAI 1	4,634		5,229		15,823		14,660
Asia Pacific	2,571		2,579		7,997		7,423
Latin America	1,576		1,553		4,645		4,090
Total	$	14,115	$	14,837	$	45,043	$	40,604

1.Europe, Middle East, Africa and India.

Contract with Customer, Asset and Liability [Table Text Block]

The following table summarizes contract assets and liabilities at September 30, 2022 and December 31, 2021:

Contract Assets and Liabilities	Balance Sheet Classification	Sep 30, 2022		Dec 31, 2021
In millions
Accounts and notes receivable - trade	Accounts and notes receivable - trade	$	6,407	$	6,841
Contract assets - current	Other current assets	$	40	$	34
Contract assets - noncurrent	Deferred charges and other assets	$	19	$	26
Contract liabilities - current 1	Accrued and other current liabilities	$	315	$	209
Contract liabilities - noncurrent 2	Other noncurrent obligations	$	1,727	$	1,925

1.The increase from December 31, 2021 to September 30, 2022 was due to the reclassification of deferred royalty payments from noncurrent to current.

2.The decrease from December 31, 2021 to September 30, 2022 was due to the recognition of revenue on long-term product supply agreements and reclassification of deferred royalty payments from noncurrent to current.