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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 56,902 $ 54,968 $ 38,542
Cost of sales 48,338 44,191 33,346
Research and development expenses 851 857 768
Selling, general and administrative expenses 1,675 1,645 1,471
Amortization of intangibles 336 388 401
Restructuring and asset related charges - net 118 6 708
Integration and separation costs 0 0 239
Equity in earnings (losses) of nonconsolidated affiliates 268 975 (18)
Sundry income (expense) - net 727 (35) 1,269
Interest income 173 55 38
Interest expense and amortization of debt discount 662 731 827
Income before income taxes 6,090 8,145 2,071
Provision for income taxes 1,450 1,740 777
Net income (loss) 4,640 6,405 1,294
Net income attributable to noncontrolling interests 58 94 69
Net income available for The Dow Chemical Company common stockholder $ 4,582 $ 6,311 $ 1,225
Earnings per common share - basic $ 6.32 $ 8.44 $ 1.64
Earnings per common share - diluted $ 6.28 $ 8.38 $ 1.64
Weighted-average common shares outstanding - basic 721.0 743.6 740.5
Weighted-average common shares outstanding - diluted 725.6 749.0 742.3