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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net Sales $ 13,633 $ 12,483 $ 40,697 $ 35,138
Cost of sales 10,666 9,840 31,626 27,066
Research and development expenses 406 399 1,227 1,159
Selling, general and administrative expenses 723 738 2,201 2,166
Amortization of intangibles 155 162 467 387
Restructuring and asset related charges - net 139 0 126 452
Business Combination, Integration And Separation Related Costs 283 127 528 228
Equity in earnings of nonconsolidated affiliates 156 70 406 191
Sundry income (expense) - net 268 22 144 1,369
Interest expense and amortization of debt discount 256 220 701 629
Income Before Income Taxes 1,429 1,089 4,371 4,611
Provision for income taxes 624 271 1,292 291
Net Income 805 818 3,079 4,320
Net income attributable to noncontrolling interests 22 14 87 54
Net Income Attributable to The Dow Chemical Company 783 804 2,992 4,266
Preferred stock dividends 0 85 0 255
Net Income Available for The Dow Chemical Company Common Stockholder 783 719 2,992 4,011
Depreciation 598 573 1,710 1,540
Capital Expenditures $ 660 $ 1,060 $ 2,209 $ 2,877