NOTES PAYABLE, LONG-TERM DEBT AND AVAILABLE CREDIT FACILITIES (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Schedule of Short-term Debt [Table Text Block]

Notes Payable	Mar 31, 2018			Dec 31, 2017
In millions
Commercial paper	$	500		$	231
Notes payable to banks and other lenders	292			253
Total notes payable	$	792		$	484
Period-end average interest rates	3.90		%	4.42		%

Schedule of Long-term Debt Instruments [Table Text Block]

Long-Term Debt	2018 Average Rate		Mar 31, 2018			2017 Average Rate		Dec 31, 2017
In millions
Promissory notes and debentures:
Final maturity 2018	5.78	%	$	339		5.78	%	$	339
Final maturity 2019	8.55	%	2,122			8.55	%	2,122
Final maturity 2020	4.46	%	1,547			4.46	%	1,547
Final maturity 2021	4.71	%	1,424			4.71	%	1,424
Final maturity 2022	3.50	%	1,373			3.50	%	1,373
Final maturity 2023	7.64	%	325			7.64	%	325
Final maturity 2024 and thereafter	5.92	%	6,857			5.92	%	6,857
Other facilities:
U.S. dollar loans, various rates and maturities	2.89	%	4,564			2.44	%	4,564
Foreign currency loans, various rates and maturities	3.00	%	841			3.00	%	814
Medium-term notes, varying maturities through 2025	3.23	%	853			3.20	%	873
Tax-exempt bonds, varying maturities through 2033	5.69	%	328			5.66	%	343
Capital lease obligations			280					282
Unamortized debt discount and issuance costs			(337		)			(346		)
Long-term debt due within one year 1			(920		)			(752		)
Long-term debt			$	19,596				$	19,765

1. Presented net of current portion of unamortized debt issuance costs.

Schedule of Maturities of Long-term Debt [Table Text Block]

Maturities of Long-Term Debt For Next Five Years at Mar 31, 2018 1
In millions
2018	$	809
2019	$	6,932
2020	$	1,834
2021	$	1,575
2022	$	1,496
2023	$	469

1. Assumes the option to extend a term loan facility related to the Dow Silicones ownership restructure will be exercised.

Schedule of Line of Credit Facilities [Table Text Block]

The following table summarizes the Company's credit facilities:

Committed and Available Credit Facilities at Mar 31, 2018
In millions	Effective Date	Committed Credit		Credit Available		Maturity Date	Interest
Five Year Competitive Advance and Revolving Credit Facility	March 2015	$	5,000	$	5,000	March 2020	Floating rate
Bilateral Revolving Credit Facility	August 2015	100		100		March 2019	Floating rate
Bilateral Revolving Credit Facility	August 2015	100		100		March 2020	Floating rate
Bilateral Revolving Credit Facility	August 2015	280		280		March 2020	Floating rate
Bilateral Revolving Credit Facility	August 2015	100		100		March 2020	Floating rate
Bilateral Revolving Credit Facility	August 2015	100		100		March 2020	Floating rate
Bilateral Revolving Credit Facility	August 2015	200		200		March 2020	Floating rate
Bilateral Revolving Credit Facility	May 2016	200		200		May 2018	Floating rate
Bilateral Revolving Credit Facility	July 2016	200		200		July 2018	Floating rate
Bilateral Revolving Credit Facility	August 2016	100		100		August 2018	Floating rate
Term Loan Facility	February 2016	4,500		—		December 2019	Floating rate
Total Committed and Available Credit Facilities		$	10,880	$	6,380