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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net Sales $ 14,577 $ 14,513 $ 28,960 $ 29,232
Cost of sales 12,103 12,200 23,810 24,485
Research and development expenses 417 406 852 811
Selling, general and administrative expenses 716 674 1,488 1,381
Amortization of intangibles 115 122 230 244
Restructuring charges 0 0 0 357
Equity in earnings of nonconsolidated affiliates 228 148 458 317
Sundry income (expense) - net 2,053 27 2,021 44
Interest income 10 10 18 16
Interest expense and amortization of debt discount 279 312 575 641
Income Before Income Taxes 3,238 984 4,502 1,690
Provision for income taxes 795 244 1,399 430
Net Income 2,443 740 3,103 1,260
Net income attributable to noncontrolling interests 18 6 43 29
Net Income Attributable to The Dow Chemical Company 2,425 734 3,060 1,231
Preferred stock dividends 85 85 170 170
Net Income Available for The Dow Chemical Company Common Stockholders 2,340 649 2,890 1,061
Per Common Share Data:        
Earnings per common share - basic $ 1.96 $ 0.55 $ 2.42 $ 0.90
Earnings per common share - diluted $ 1.87 $ 0.55 $ 2.36 $ 0.90
Common stock dividends declared per share of common stock $ 0.32 $ 0.32 $ 0.64 $ 0.57
Weighted-average common shares outstanding - basic 1,186.1 1,169.7 1,183.6 1,165.3
Weighted-average common shares outstanding - diluted 1,288.2 1,176.6 1,286.3 1,172.7
Depreciation 504 506 1,009 1,016
Capital Expenditures $ 506 $ 581 $ 852 $ 983