EARNINGS PER SHARE (Notes)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following tables provide earnings per share calculations of Dow Inc. for the three and nine months ended September 30, 2019 and 2018. In accordance with the accounting guidance for earnings per share, earnings per share of TDCC is not presented as this information is not required in financial statements of wholly owned subsidiaries.

Net Income for Earnings Per Share Calculations	Three Months Ended				Nine Months Ended
In millions	Sep 30, 2019		Sep 30, 2018		Sep 30, 2019		Sep 30, 2018
Income from continuing operations, net of tax	$	347	$	714	$	593	$	2,449
Net income attributable to noncontrolling interests - continuing operations	14		32		61		78
Net income attributable to participating securities - continuing operations 1	2		—		4		—
Income from continuing operations attributable to common stockholders	$	331	$	682	$	528	$	2,371
Income from discontinued operations, net of tax	$	—	$	335	$	445	$	1,403
Net income attributable to noncontrolling interests - discontinued operations	—		4		13		24
Income from discontinued operations attributable to common stockholders	$	—	$	331	$	432	$	1,379
Net income attributable to common stockholders	$	331	$	1,013	$	960	$	3,750

Earnings Per Share Calculations - Basic	Three Months Ended				Nine Months Ended
Dollars per share	Sep 30, 2019		Sep 30, 2018		Sep 30, 2019		Sep 30, 2018
Income from continuing operations attributable to common stockholders	$	0.45	$	0.91	$	0.71	$	3.17
Income from discontinued operations attributable to common stockholders	—		0.45		0.58		1.85
Net income attributable to common stockholders	$	0.45	$	1.36	$	1.29	$	5.02

Earnings Per Share Calculations - Diluted	Three Months Ended				Nine Months Ended
Dollars per share	Sep 30, 2019		Sep 30, 2018		Sep 30, 2019		Sep 30, 2018
Income from continuing operations attributable to common stockholders	$	0.45	$	0.91	$	0.71	$	3.17
Income from discontinued operations attributable to common stockholders	—		0.45		0.58		1.85
Net income attributable to common stockholders	$	0.45	$	1.36	$	1.29	$	5.02

Share Count Information	Three Months Ended		Nine Months Ended
Shares in millions	Sep 30, 2019	Sep 30, 2018	Sep 30, 2019	Sep 30, 2018
Weighted-average common shares - basic 2	739.8	747.2	743.3	747.2
Plus dilutive effect of equity compensation plans	3.2	—	2.8	—
Weighted-average common shares - diluted 2	743.0	747.2	746.1	747.2
Stock options and restricted stock units excluded from EPS calculations 3	12.9	—	6.4	—

1. Restricted stock units (formerly termed deferred stock) are considered participating securities due to the Company's practice of paying dividend equivalents on unvested shares.

2. Share amounts for the three and nine months ended September 30, 2018, were based on 2,246.3 million DowDuPont common shares outstanding as of the Record Date for the April 1, 2019 distribution, less 4.6 million Employee Stock Ownership Plan ("ESOP") shares that had not been released and were not considered outstanding, adjusted for the Distribution Ratio. There was no dilutive effect for the three and nine months ended September 30, 2018, as the Company did not engage in activities giving rise to dilution.

3.

These outstanding options to purchase shares of common stock and restricted stock units were excluded from the calculation of diluted earnings per share because the effect of including them would have been antidilutive. For the three and nine months ended September 30, 2018, the Company did not engage in activities giving rise to dilution.