REVERSE MORRIS TRUST TRANSACTION REVERSE MORRIS TRUST TRANSACTION (Tables)

12 Months Ended

Dec. 31, 2016

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations [Table Text Block]

Dow Chlorine Value Chain Income Statement Information
In millions	2015(1)		2014
Income Before Income Taxes (2)	$	139	$	281
Loss before income taxes attributable to noncontrolling interests	11		5
Income Before Income Taxes attributable to The Dow Chemical Company (2)	$	150	$	286

(1)    Income statement information for 2015 includes results through September 30, 2015.

(2)    Excludes transaction costs associated with the separation of the chlorine value chain, which are reported below.

Chlorine Value Chain [Domain]

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The following table presents the major classes of assets and liabilities divested in the Transaction, by operating segment:

Dow Chlorine Value Chain Assets and Liabilities Divested	Performance Materials & Chemicals		Performance Plastics		Corporate			Total
In millions
Accounts and notes receivable - Trade	$	269	$	—	$	(6	)	$	263
Inventories	297		34		7			338
Other current assets	5		6		100			111
Net property	1,268		205		58			1,531
Goodwill	71		—		—			71
Other noncurrent assets	9		1		34			44
Total assets divested	$	1,919	$	246	$	193		$	2,358
Long-term debt due within one year (1)	$	—	$	—	$	51		$	51
Other current liabilities	99		17		—			116
Long-Term Debt (1)	—		—		518			518
Deferred income tax liabilities	—		—		265			265
Pension and other postretirement benefits - noncurrent	—		—		439			439
Total liabilities divested	$	99	$	17	$	1,273		$	1,389
Components of accumulated other comprehensive loss divested	$	—	$	—	$	(215	)	$	(215	)
Net carrying value divested	$	1,820	$	229	$	(865	)	$	1,184

(1) Excludes $1,161 million included as part of the debt exchange offer and $875 million from a term loan entered into under the terms of the Transaction. See Note 17 for additional information.