EMN · 10-Q · 2026Q3 · Full report

Working Capital and Receivables

EASTMAN CHEMICAL CO · 2026-10-30 · Importance 31 · Surprise 6

Eastman sold $647 million of receivables through uncommitted factoring programs in third-quarter 2026, compared with $696 million in third-quarter 2025. Receivables sold totaled $2.0 billion in each of the first nine months of 2026 and 2025. The company estimated that $385 million of receivables would have remained outstanding at September 30, 2026 absent factoring, versus $346 million at December 31, 2025. The programs generally involve sales without recourse and are used as a routine source of working-capital funding.

Key facts

• Eastman sold $2.0 billion of receivables under its factoring programs in the first nine months of both 2026 and 2025. source
• Eastman sold $647 million of receivables in third quarter 2026 and $696 million in third quarter 2025 through accounts receivable factoring programs; sales totaled $2.0 billion in both first nine months 2026 and 2025. source
• Eastman estimates that $385 million of factored receivables would have been outstanding at September 30, 2026, and $346 million at December 31, 2025, if they had not been sold under factoring programs. source
• Either Eastman or a participating financial institution may terminate a supplier finance program upon 90 days' notice. source
• Eastman adopted ASU 2025-05 on January 1, 2026, and its adoption did not affect the company's financial statements or related disclosures. source