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REVENUE (Tables)
 12 Months Ended
Dec. 31, 2021
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 Business202120202019
In millions
Hydrocarbons & Energy$8,149 $4,271 $5,357 
Packaging and Specialty Plastics19,979 14,030 14,888 
Packaging & Specialty Plastics$28,128 $18,301 $20,245 
Industrial Solutions$5,139 $3,929 $4,310 
Polyurethanes & Construction Chemicals11,700 8,080 9,117 
Others12 12 13 
Industrial Intermediates & Infrastructure$16,851 $12,021 $13,440 
Coatings & Performance Monomers$4,050 $3,258 $3,517 
Consumer Solutions5,622 4,693 5,406 
Performance Materials & Coatings$9,672 $7,951 $8,923 
Corporate$317 $269 $343 
Total$54,968 $38,542 $42,951 

Net Trade Sales by Geographic Region202120202019
In millions
U.S. & Canada$19,613 $13,582 $15,549 
EMEAI 1
19,746 12,969 14,612 
Asia Pacific10,043 8,165 8,676 
Latin America5,566 3,826 4,114 
Total$54,968 $38,542 $42,951 
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, 2021 and 2020:

Contract Assets and Liabilities at Dec 31Balance Sheet Classification20212020
In millions
Accounts and notes receivable - tradeAccounts and notes receivable - Trade$6,841 $5,090 
Contract assets - current Other current assets$34 $58 
Contract assets - noncurrentDeferred charges and other assets$26 $11 
Contract liabilities - current 1
Accrued and other current liabilities$209 $349 
Contract liabilities - noncurrentOther noncurrent obligations$1,925 $1,915 
1.The decrease from December 31, 2020 to December 31, 2021 was due to recognition of deferred royalty payments.