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REVENUE
12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
Disaggregation of Revenue
Dow disaggregates its revenue from contracts with customers by operating segment and business, as the Company believes it best depicts the nature, amount, timing and uncertainty of its revenue and cash flows. See details in the tables below:

Net Trade Sales by Segment and Business202020192018
In millions
Hydrocarbons & Energy$4,271 $5,357 $7,587 
Packaging and Specialty Plastics14,030 14,888 16,608 
Packaging & Specialty Plastics$18,301 $20,245 $24,195 
Industrial Solutions$3,929 $4,310 $4,812 
Polyurethanes & Construction Chemicals8,080 9,117 10,615 
Others12 13 20 
Industrial Intermediates & Infrastructure$12,021 $13,440 $15,447 
Coatings & Performance Monomers$3,258 $3,517 $3,979 
Consumer Solutions4,693 5,406 5,698 
Performance Materials & Coatings$7,951 $8,923 $9,677 
Corporate$269 $343 $285 
Total$38,542 $42,951 $49,604 

Net Trade Sales by Geographic Region202020192018
In millions
U.S. & Canada$13,582 $15,549 $17,809 
EMEAI 1
12,969 14,612 17,406 
Asia Pacific8,165 8,676 9,404 
Latin America3,826 4,114 4,985 
Total$38,542 $42,951 $49,604 
1.Europe, Middle East, Africa and India.
Contract with Customer, Asset and Liability
The following table summarizes the contract assets and liabilities at December 31, 2020 and 2019:

Contract Assets and Liabilities at Dec 3120202019
In millions
Accounts and notes receivable - Trade$4,839 $4,844 
Contract assets - current 1
$58 $41 
Contract assets - noncurrent 2
$11 $
Contract liabilities - current 3
$349 $193 
Contract liabilities - noncurrent 4
$1,915 $1,607 
1.Included in "Other current assets" in the consolidated balance sheets.
2.Included in "Deferred charges and other assets" in the consolidated balance sheets.
3.Included in "Accrued and other current liabilities" in the consolidated balance sheets. The increase from December 31, 2019 to December 31, 2020 was primarily due to advance payments from customers related to royalty agreements.
4.Included in "Other noncurrent obligations" in the consolidated balance sheets. The increase from December 31, 2019 to December 31, 2020 was due to an advance payment from a customer related to a long-term product supply agreement.