EARNINGS PER SHARE (Notes)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

EARNINGS PER SHARE CALCULATIONS

The following tables provide earnings per share calculations of Dow Inc. for the years ended December 31, 2023, 2022 and 2021. 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	2023		2022		2021
In millions
Net income	$	660	$	4,640	$	6,405
Net income attributable to noncontrolling interests	71		58		94
Net income attributable to participating securities 1	11		24		32
Net income attributable to common stockholders	$	578	$	4,558	$	6,279

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

Earnings Per Share - Basic and Diluted	2023		2022		2021
Dollars per share
Earnings per common share - basic	$	0.82	$	6.32	$	8.44
Earnings per common share - diluted	$	0.82	$	6.28	$	8.38

Share Count Information	2023	2022	2021
Shares in millions
Weighted-average common shares outstanding - basic	705.7	721.0	743.6
Plus dilutive effect of equity compensation plans	3.3	4.6	5.4
Weighted-average common shares outstanding - diluted	709.0	725.6	749.0
Stock options and restricted stock units excluded from EPS calculations 1	9.6	7.6	5.8

1.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.