OPERATING SEGMENTS AND GEOGRAPHIC AREAS (Tables)

6 Months Ended

Jun. 30, 2013



Operating Segments	Three Months Ended						Six Months Ended
In millions	Jun 30, 2013			Jun 30, 2012			Jun 30, 2013			Jun 30, 2012
Sales by operating segment
Electronic and Functional Materials	$	1,152		$	1,151		$	2,293		$	2,272
Coatings and Infrastructure Solutions	1,888			1,888			3,555			3,591
Agricultural Sciences	1,850			1,676			3,953			3,514
Performance Materials	3,389			3,369			6,717			6,842
Performance Plastics	3,676			3,711			7,174			7,302
Feedstocks and Energy	2,543			2,657			5,099			5,592
Corporate	79			61			169			119
Total	$	14,577		$	14,513		$	28,960		$	29,232
EBITDA (1) by operating segment
Electronic and Functional Materials	$	254		$	287		$	527		$	530
Coatings and Infrastructure Solutions	250			337			436			541
Agricultural Sciences	290			307			774			758
Performance Materials	284			350			724			682
Performance Plastics	1,010			760			1,962			1,478
Feedstocks and Energy	193			134			433			332
Corporate	1,885			(215		)	1,530			(653		)
Total	$	4,166		$	1,960		$	6,386		$	3,668
Equity in earnings (losses) of nonconsolidated affiliates by operating segment (included in EBITDA)
Electronic and Functional Materials	$	28		$	35		$	45		$	54
Coatings and Infrastructure Solutions	25			45			51			67
Agricultural Sciences	1			(1		)	3			—
Performance Materials	(12		)	(20		)	(35		)	(37		)
Performance Plastics	88			39			145			73
Feedstocks and Energy	105			52			264			177
Corporate	(7		)	(2		)	(15		)	(17		)
Total	$	228		$	148		$	458		$	317

(1)

The Company uses EBITDA (which Dow defines as earnings (i.e., "Net Income") before interest, income taxes, depreciation and amortization) as its measure of profit/loss for segment reporting purposes. EBITDA by operating segment includes all operating items relating to the businesses, except depreciation and amortization; items that principally apply to the Company as a whole are assigned to Corporate. A reconciliation of EBITDA to "Income Before Income Taxes" is provided below.

Reconciliation of EBITDA to Income Before Income Taxes



Reconciliation of EBITDA to “Income Before Income Taxes”	Three Months Ended				Six Months Ended
In millions	Jun 30, 2013		Jun 30, 2012		Jun 30, 2013		Jun 30, 2012
EBITDA	$	4,166	$	1,960	$	6,386	$	3,668
- Depreciation and amortization	659		674		1,327		1,353
+ 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

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]



Geographic Areas	Three Months Ended				Six Months Ended
In millions	Jun 30, 2013		Jun 30, 2012		Jun 30, 2013		Jun 30, 2012
Sales by geographic area
United States	$	4,804	$	4,785	$	9,618	$	9,635
Europe, Middle East and Africa	4,571		4,867		9,486		10,234
Rest of World	5,202		4,861		9,856		9,363
Total	$	14,577	$	14,513	$	28,960	$	29,232

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References+ Details

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details