Like people have said, unless there's a performance issue here (like a billion strings where you're only using a handful) just creating the list you want is probably the way to go. You have a few options though!
Sequences are lazily evaluated, when there's a long chain of operations they complete the chain on each item in turn, instead of creating an intermediate full list for every operation in the chain. So that can mean less memory use, and more efficiency if you only need certain items, or you want to stop early. They have overhead though so you need to be sure it's worth it, and for your use-case (turning a list into another list) there are no intermediate lists to avoid, and I'm guessing you're using the whole thing. Probably better to just make the String list, once, and then use it?
Your other option is to make a function that takes a Long and makes a String - whatever function you're passing to map, basically, except use it when you need it. If you have a very large number of Longs and you really don't want every possible String version in memory, just generate them whenever you display them. You could make it an extension function or property if you like, so you can just go
fun Long.display() = "$this dollars"
val Long.dollaridoos: String get() = "$this.dollars"
print(number.display())
print(number.dollaridoos)
or make a wrapper object holding your list and giving access to a stringified version of the values. Whatever's your jam
Also the map approach is more efficient than creating an ArrayList and adding to it, because it can allocate a list with the correct capacity from the get-go - arbitrarily adding to an unsized list will keep growing it when it gets too big, then it has to copy to another (larger) array... until that one fills up, then it happens again...