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TDCC Consolidated Statements of Cash Flows Statement - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Net income $ 258 $ 601  
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 445  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 258 156  
Depreciation and amortization 724 743  
Credit for deferred income tax (57) (72)  
Earnings of nonconsolidated affiliates less than dividends received (134) (775)  
Net periodic pension benefit cost 64 41  
Pension contributions (63) (99)  
Net gain on sales of assets, businesses and investments 12 2  
Restructuring and asset related charges - net 96 156  
Other net loss (135) (33)  
Accounts and notes receivable (128) (85)  
Inventories 111 47  
Accounts payable (314) (452)  
Other assets and liabilities, net (254) 274  
Cash provided by operating activities - continuing operations 1,236 1,043  
Cash provided by operating activities - discontinued operations 3 338  
Cash provided by operating activities 1,239 1,381  
Capital expenditures (395) (442)  
Investment in gas field developments (5) (25)  
Proceeds from sales of property and businesses, net of cash divested 11 0  
Investments in and loans to nonconsolidated affiliates (114) 0  
Distributions and loan repayments from nonconsolidated affiliates 6 0  
Purchases of investments (128) (173)  
Proceeds from sales and maturities of investments 472 176  
Cash used for investing activities - continuing operations (153) (464)  
Cash used for investing activities - discontinued operations 0 (34)  
Cash used for investing activities (153) (498)  
Changes in short-term notes payable 838 (16)  
Proceeds from issuance of long-term debt 2,449 0  
Payments on long-term debt (2,275) (81)  
Proceeds from issuance of stock 16 28  
Transaction financing, debt issuance and other costs (93) 0  
Employee taxes paid for share-based payment arrangements (26) (45)  
Distributions to noncontrolling interests (1) (2)  
Payments of Ordinary Dividends (518) 0  
Dividends paid to DowDuPont Inc. 0 (535)  
Settlements and transfers related to separation from DowDuPont Inc. 0 (36)  
Cash provided by (used for) financing activities - continuing operations 265 (615)  
Cash used for financing activities - discontinued operations 0 (18)  
Cash provided by (used for) financing activities 265 (633)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash (86) 30  
Cash reclassified as held for sale 0 97  
Increase in cash, cash equivalents and restricted cash 1,265 183  
Cash, cash equivalents and restricted cash at beginning of period 2,380 2,764 $ 2,764
Cash, cash equivalents and restricted cash at end of period 3,645 2,947 2,380
Less: Restricted cash and cash equivalents, included in "Other current assets" 12 43  
Cash and cash equivalents at end of period 3,633 2,904 2,367
The Dow Chemical Company [Domain]      
Net income 258 601  
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 445  
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 258 156  
Depreciation and amortization 724 743  
Credit for deferred income tax (57) (72)  
Earnings of nonconsolidated affiliates less than dividends received 134 775  
Net periodic pension benefit cost 64 41  
Pension contributions (63) (99)  
Net gain on sales of assets, businesses and investments (12) (2)  
Restructuring and asset related charges - net 96 156  
Other net loss 136 33  
Accounts and notes receivable 128 85  
Inventories (111) (47)  
Accounts payable (314) (452)  
Other assets and liabilities, net 256 (274)  
Cash provided by operating activities - continuing operations 1,239 1,043  
Cash provided by operating activities - discontinued operations 0 338  
Cash provided by operating activities 1,239 1,381  
Capital expenditures (395) (442)  
Investment in gas field developments (5) (25)  
Proceeds from sales of property and businesses, net of cash divested 11 0  
Investments in and loans to nonconsolidated affiliates (114) 0  
Distributions and loan repayments from nonconsolidated affiliates 6 0  
Purchases of investments (128) (173)  
Proceeds from sales and maturities of investments 472 176  
Cash used for investing activities - continuing operations (153) (464)  
Cash used for investing activities - discontinued operations 0 (34)  
Cash used for investing activities (153) (498)  
Changes in short-term notes payable 838 (16)  
Proceeds from issuance of long-term debt 2,449 0  
Payments on long-term debt (2,275) (81)  
Proceeds from issuance of stock 16 28  
Transaction financing, debt issuance and other costs (93) 0  
Employee taxes paid for share-based payment arrangements (26) (45)  
Distributions to noncontrolling interests (1) (2)  
Payments of Ordinary Dividends (643) 0  
Dividends paid to DowDuPont Inc. 0 (535)  
Settlements and transfers related to separation from DowDuPont Inc. 0 36  
Cash provided by (used for) financing activities - continuing operations 265 (615)  
Cash used for financing activities - discontinued operations 0 (18)  
Cash provided by (used for) financing activities 265 (633)  
Effect of exchange rate changes on cash, cash equivalents and restricted cash (86) 30  
Cash reclassified as held for sale 0 97  
Increase in cash, cash equivalents and restricted cash 1,265 183  
Cash, cash equivalents and restricted cash at beginning of period 2,380 2,764 2,764
Cash, cash equivalents and restricted cash at end of period 3,645 2,947 2,380
Less: Restricted cash and cash equivalents, included in "Other current assets" 12 43  
Cash and cash equivalents at end of period $ 3,633 $ 2,904 $ 2,367