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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net Sales $ 14,719 $ 14,733
Cost of sales 12,285 12,117
Research and development expenses 405 400
Selling, general and administrative expenses 707 700
Amortization of intangibles 122 123
Restructuring charges 357 0
Acquisition-related integration expenses 0 31
Equity in earnings of nonconsolidated affiliates 169 298
Sundry income (expense) - net 17 (449)
Interest income 6 7
Interest expense and amortization of debt discount 329 377
Income Before Income Taxes 706 841
Provision for income taxes 186 120
Net Income 520 721
Net income attributable to noncontrolling interests 23 11
Net Income attributable to The Dow Chemical Company 497 710
Preferred stock dividends 85 85
Net Income Available for The Dow Chemical Company Common Stockholders 412 625
Per Common Share Data:    
Earnings per common share - basic $ 0.35 $ 0.55
Earnings per common share - diluted $ 0.35 $ 0.54
Common stock dividends declared per share of common stock $ 0.25 $ 0.15
Weighted-average common shares outstanding - basic 1,160.9 1,139.5
Weighted-average common shares outstanding - diluted 1,168.7 1,161.2
Depreciation 510 559
Capital Expenditures $ 402 $ 405