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

9 Months Ended

Sep. 30, 2019

Debt Instrument [Line Items]

Schedule of Short-term Debt [Table Text Block]

Notes Payable	Sep 30, 2019			Dec 31, 2018
In millions
Commercial paper	$	—		$	10
Notes payable to banks and other lenders	441			288
Notes payable to related companies 1	76			—
Total notes payable	$	517		$	298
Period-end average interest rates	4.92		%	8.28		%

1. In addition, "Notes payable" for TDCC at September 30, 2019 includes a $418 million note payable to Dow Inc., which is not reflected in the table above. See Note 22 for additional information.

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

Long-Term Debt	2019 Average Rate		Sep 30, 2019			2018 Average Rate		Dec 31, 2018
In millions
Promissory notes and debentures:
Final maturity 2019	9.80	%	$	3		9.80	%	$	7
Final maturity 2020	8.44	%	76			4.46	%	1,547
Final maturity 2021	4.71	%	1,424			4.71	%	1,424
Final maturity 2022	3.50	%	1,372			3.50	%	1,373
Final maturity 2023	7.64	%	325			7.64	%	325
Final maturity 2024	3.37	%	1,397			3.50	%	896
Final maturity 2025 and thereafter	5.70	%	9,507			5.98	%	7,963
Other facilities:
U.S. dollar loans, various rates and maturities	2.80	%	2,000			3.59	%	4,533
Foreign currency loans, various rates and maturities	3.33	%	605			3.20	%	708
InterNotes, varying maturities through 2049	3.44	%	792			3.26	%	778
Finance lease obligations 1			425					371
Unamortized debt discount and issuance costs			(335		)			(334		)
Long-term debt due within one year 2			(378		)			(338		)
Long-term debt			$	17,213				$	19,253

1. See Note 14 for additional information.

2. 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 Sep 30, 2019
In millions
2019	$	97
2020	$	379
2021	$	1,763
2022	$	1,514
2023 1	$	2,509
2024	$	1,493

1. Assumes the option to extend will be exercised for the $2.0 billion Dow Silicones Term Loan Facility.

Schedule of Line of Credit Facilities [Table Text Block]

The following table summarizes the Company's credit facilities:

Committed and Available Credit Facilities at Sep 30, 2019
In millions	Committed Credit		Credit Available		Maturity Date	Interest
Five Year Competitive Advance and Revolving Credit Facility	$	5,000	$	5,000	October 2023	Floating rate
Term Loan Facility 1	2,000		—		September 2023	Floating rate
North American Securitization Facility	800		800		December 2019	Floating rate
European Securitization Facility 2	437		437		October 2020	Floating rate
Bilateral Revolving Credit Facility	100		100		October 2019	Floating rate
Bilateral Revolving Credit Facility	100		100		March 2020	Floating rate
Bilateral Revolving Credit Facility	100		100		March 2020	Floating rate
Bilateral Revolving Credit Facility	280		280		March 2020	Floating rate
Bilateral Revolving Credit Facility	100		100		March 2020	Floating rate
Bilateral Revolving Credit Facility	200		200		March 2020	Floating rate
Bilateral Revolving Credit Facility	200		200		May 2020	Floating rate
Bilateral Revolving Credit Facility	200		200		July 2020	Floating rate
Bilateral Revolving Credit Facility	100		100		August 2020	Floating rate
Total committed and available credit facilities	$	9,617	$	7,617

1. Assumes the option to extend the Term Loan Facility will be exercised.

2.

Equivalent to Euro 400 million.