XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Dow Consolidated Statements of Income Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 8,354 $ 11,014 $ 18,124 $ 21,983
Cost of sales 7,610 9,420 15,840 18,562
Research and development expenses 182 208 361 398
Selling, general and administrative expenses 357 422 691 870
Amortization of intangibles 100 104 200 220
Restructuring and asset related charges - net 6 65 102 221
Integration and separation costs 46   111  
Equity in losses of nonconsolidated affiliates (95) (15) (184) (29)
Sundry income (expense) - net 53 (1) (28) 68
Interest income 6 21 21 39
Interest expense and amortization of debt discount 200 237 415 478
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total (183) 215 213 512
Provision for income taxes on continuing operations 34 125 172 266
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (217) 90 41 246
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 0 0 445
Net income (loss) (217) 90 41 691
Net income attributable to noncontrolling interests 8 15 27 60
Net income (loss) available for Dow Inc. common stockholders $ (225) $ 75 $ 14 $ 631
Earnings (loss) per common share from continuing operations - basic $ (0.31) $ 0.10 $ 0.01 $ 0.26
Earnings per common share from discontinued operations - basic 0 0 0 0.58
Earnings (loss) per common share - basic (0.31) 0.10 0.01 0.84
Earnings (loss) per common share from continuing operations - diluted (0.31) 0.10 0.01 0.26
Earnings per common share from discontinued operations - diluted 0 0 0 0.58
Earnings (loss) per common share - diluted $ (0.31) $ 0.10 $ 0.01 $ 0.84
Weighted-average common shares outstanding - basic 739.3 742.8 739.7 745.0
Weighted-average common shares outstanding - diluted 739.3 747.9 741.0 747.6
Depreciation $ 517 $ 538 $ 1,032 $ 1,081
Capital expenditures $ 273 $ 470 $ 668 $ 912