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Dow Consolidated Statements of Income Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net sales $ 14,837 $ 9,712 $ 40,604 $ 27,836
Cost of sales 11,611 8,371 32,413 24,211
Research and development expenses 210 193 632 554
Selling, general and administrative expenses 403 372 1,209 1,063
Amortization of intangibles 100 100 301 300
Restructuring and asset related charges - net 0 617 22 719
Integration and separation costs 0 63 0 174
Equity in earnings (losses) of nonconsolidated affiliates 249 60 751 (124)
Sundry income (expense) - net (350) 182 (225) 154
Interest income 14 6 35 27
Interest expense and amortization of debt discount 178 202 561 617
Income before income taxes 2,248 42 6,027 255
Provision for income taxes 542 43 1,383 215
Net income attributable to noncontrolling interests 23 24 69 51
Net income (loss) available for The Dow Chemical Company common stockholder $ 1,683 $ (25) $ 4,575 $ (11)
Earnings (loss) per common share - basic $ 2.25 $ (0.04) $ 6.11 $ (0.02)
Earnings (loss) per common share - diluted $ 2.23 $ (0.04) $ 6.06 $ (0.02)
Weighted-average common shares outstanding - basic 744.5 740.5 745.4 740.0
Weighted-average common shares outstanding - diluted 750.0 740.5 750.9 740.0