Consolidated Statements of Income (USD $) In Millions, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Net Sales	$ 12,370	$ 14,461
Cost of sales	9,535	11,733
Research and development expenses	383	391
Selling, general and administrative expenses	752	779
Amortization of intangibles	102	114
Equity in earnings of nonconsolidated affiliates	168	251
Sundry income (expense) - net	663	29
Interest income	17	13
Interest expense and amortization of debt discount	241	246
Income Before Income Taxes	2,205	1,491
Provision for income taxes	686	425
Net Income	1,519	1,066
Net income attributable to noncontrolling interests	41	17
Net Income Attributable to The Dow Chemical Company	1,478	1,049
Preferred stock dividends	85	85	[1]
Net Income Available for The Dow Chemical Company Common Stockholders	1,393	964
Per Common Share Data:
Earnings per common share - basic	$ 1.22	$ 0.80
Earnings per common share - diluted	$ 1.18	$ 0.79
Dividends declared per share of common stock	$ 0.42	$ 0.37
Weighted-average common shares outstanding - basic	1,135.7	1,190.6
Weighted-average common shares outstanding - diluted	1,246.7	1,207.7
Depreciation	486	517
Capital Expenditures	$ 903	$ 672

[1] Preferred stock dividends were not added back in the calculation of diluted earnings per share for the three-month period ended March 31, 2014, because the effect of adding them back would have been antidilutive.