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Dow Consolidated Statements of Income Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 11,014 $ 12,789 $ 21,983 $ 25,026
Cost of sales 9,420 10,540 18,562 20,520
Research and development expenses 208 221 398 429
Selling, general and administrative expenses 422 485 870 967
Amortization of intangibles 104 118 220 236
Restructuring and asset related charges - net 65 40 221 127
Integration and separation costs 348 262 800 486
Equity in earnings (losses) of nonconsolidated affiliates (15) 193 (29) 394
Interest income 21 18 39 38
Interest expense and amortization of debt discount 237 261 478 523
Income from continuing operations before income taxes 215 1,059 512 2,210
Provision for income taxes on continuing operations 125 249 266 475
Income from continuing operations, net of tax 90 810 246 1,735
Income from discontinued operations, net of tax 0 554 445 1,068
Net income 90 1,364 691 2,803
Net income attributable to noncontrolling interests 15 31 60 66
Net income available for Dow Inc. common stockholders $ 75 $ 1,333 $ 631 $ 2,737
Earnings per common share from continuing operations - basic $ 0.10 $ 1.05 $ 0.26 $ 2.26
Earnings per common share from discontinued operations - basic 0.00 0.73 0.58 1.40
Earnings per common share - basic 0.10 1.78 0.84 3.66
Earnings per common share from continuing operations - diluted 0.10 1.05 0.26 2.26
Earnings per common share from discontinued operations - diluted 0.00 0.73 0.58 1.40
Earnings per common share - diluted $ 0.10 $ 1.78 $ 0.84 $ 3.66
Weighted-average common shares outstanding - basic 742.8 747.2 745.0 747.2
Weighted-average common shares outstanding - diluted 747.9 747.2 747.6 747.2
Depreciation $ 538 $ 540 $ 1,081 $ 1,094
Capital expenditures $ 470 $ 489 $ 912 $ 868