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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net sales $ 9,770 $ 10,969
Cost of sales 8,230 9,142
Research and development expenses 179 190
Selling, general and administrative expenses 334 448
Amortization of intangibles 100 116
Restructuring and asset related charges - net 96 156
Integration and separation costs 65 452
Equity in losses of nonconsolidated affiliates (89) (14)
Sundry income (expense) - net (81) 69
Interest income 15 18
Interest expense and amortization of debt discount 215 241
Income from continuing operations before income taxes 396 297
Provision for income taxes on continuing operations 138 141
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 258 156
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 445
Net income 258 601
Net income attributable to noncontrolling interests 19 45
Net income available for The Dow Chemical Company common stockholder 239 556
Depreciation 515 543
Capital expenditures 395 442
The Dow Chemical Company [Domain]    
Net sales 9,770 10,969
Cost of sales 8,230 9,142
Research and development expenses 179 190
Selling, general and administrative expenses 334 448
Amortization of intangibles 100 116
Restructuring and asset related charges - net 96 156
Integration and separation costs 65 452
Equity in losses of nonconsolidated affiliates (89) (14)
Sundry income (expense) - net (82) 69
Interest income 16 18
Interest expense and amortization of debt discount 215 241
Income from continuing operations before income taxes 396 297
Provision for income taxes on continuing operations 138 141
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent 258 156
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 445
Net income 258 601
Net income attributable to noncontrolling interests 19 45
Net income available for The Dow Chemical Company common stockholder 239 556
Depreciation 515 543
Capital expenditures $ 395 $ 442