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SUPPLEMENTARY INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2025
Supplementary Information [Abstract]  
Sundry Income, Net
Dow Inc. Sundry Income (Expense) – Net202520242023
In millions
Non-operating pension and other postretirement benefit plan net (costs) credits 1
$(177)$264 $(264)
Foreign exchange gains (losses) 2
39 (45)(340)
Gain on sales of other assets and investments 3
10 60 80 
Gain on divestiture of ownership interest in DowAksa 4
110 — — 
Gain on divestiture of soil fumigation product line 4
103 — — 
Gain (loss) on early extinguishment of debt 5
(78)5 5 
Indemnification and other transaction related costs 6
(20)13 26 
Asset impairments and related costs 7
— 18 (18)
Gain related to Nova legal matter 8
— — 106 
Unrealized gain on equity investment in a privately held entity 9
33 — — 
Other - net120 100 125 
Total sundry income (expense) – net$140 $415 $(280)
1.The year ended December 31, 2025 includes pretax pension settlement charges of $323 million related to the termination of certain benefit plans. The year ended December 31, 2023, includes pretax pension settlement charges of $642 million related to the transfer of certain plan benefit obligations to insurance companies. See Note 19 for additional information about the Company's pension and other postretirement plans, including pension settlement charges.
2.Foreign exchange gains in 2025 relate primarily to the euro, partially offset by losses in exposures to the Argentine peso, while losses in 2024 relate primarily to exposures in the Argentine peso and Egyptian pound, and 2023 relate primarily to exposures in the Argentine peso. In addition, 2023 includes a loss of $109 million related to the devaluation of the Argentine peso by the Argentina government in December 2023.
3.The year ended December 31, 2024, includes a gain of $25 million associated with a warehouse sale. The year ended December 31, 2023, includes gains associated with the sale of shares of a previously impaired equity method investment.
4.See Note 4 for additional information.
5.See Note 14 for additional information.
6.Primarily related to charges and credits associated with agreements entered into with DuPont de Nemours, Inc. ("DuPont") and Corteva, Inc. ("Corteva") as part of the separation and distribution.
7.The year ended December 31, 2024 and 2023, includes certain obligations and subsequent reversals associated with a previously impaired equity method investment.
8.See Note 15 for additional information.
9.See Notes 21 and 22 for additional information.
Schedule of Company-Owned Life Insurance
Other Investments
The Company has investments in company-owned life insurance policies ("COLI"), which are recorded at their cash surrender value as of each balance sheet date, as provided below:

Investments in Company-Owned Life InsuranceDec 31, 2025Dec 31, 2024
In millions
Gross cash value$543 $558 
Less: Existing drawdowns 1
197 — 
Less: Accrued interest on drawdowns 2
2 — 
Investments in company-owned life insurance 3
$344 $558 
1.Classified as "Proceeds from sales and maturities of investments" in the consolidated statements of cash flows.
2.Included in "Sundry income (expense) - net" in the consolidated statements of income.
3.Classified as "Other investments" in the consolidated balance sheets.
Supplier Finance Program
The following table summarizes the activity of the SCF program for the years ended December 31, 2025 and 2024:

Supplier Finance Program Activity20252024
In millions
Confirmed obligations outstanding at Jan 1$291 $285 
Invoices confirmed to financial intermediary1,211 1,313 
Confirmed invoices paid to financial intermediary(1,263)(1,307)
Confirmed obligations outstanding at Dec 31$239 $291 
Government Incentives [Text Block]
The following table summarizes the government incentives recorded in the years ended December 31, 2025, 2024 and 2023:

Government Incentives202520242023
In millions
Capital expenditures associated with Path2Zero $142 $— $— 
Energy cost incentives $282 $272 $183 
U.S. energy asset construction $— $56 $— 
Schedule of Cash Flow, Supplemental Disclosures
Required supplementary cash flow information is presented in the following tables:

Supplemental Cash Flow Information202520242023
In millions
Cash paid for:
Interest$948 $887 $800 
Income taxes, net of refunds$256 $827 $735 

Supplemental Cash Flow Information - Cash Paid for Income Taxes - Disaggregated 1
2025
In millions
Cash paid (received) for income taxes, net of refunds
Federal$13 
State and local
Other state and local jurisdictions$(11)
Foreign
China$75 
Denmark(38)
Germany72 
India36 
Japan47 
Mexico35 
The Netherlands52 
Switzerland(135)
Thailand21 
Other foreign jurisdictions89 
Total foreign$254 
Total cash paid for income taxes, net of refunds$256 
1.Disaggregated in accordance with ASU 2023-09, which was adopted prospectively in 2025.