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Dow Consolidated Statements of Income Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 9,712 $ 10,764 $ 27,836 $ 32,747
Cost of sales 8,371 9,377 24,211 27,939
Research and development expenses 193 194 554 592
Selling, general and administrative expenses 372 388 1,063 1,258
Amortization of intangibles 100 100 300 320
Restructuring and asset related charges - net 617 147 719 368
Integration and separation costs 63 164 174 964
Equity in earnings (losses) of nonconsolidated affiliates 60 (44) (124) (73)
Sundry income (expense) - net 182 301 154 369
Interest income 6 19 27 58
Interest expense and amortization of debt discount 202 233 617 711
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 42 437 255 949
Provision for income taxes on continuing operations 43 90 215 356
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent (1) 347 40 593
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 0 0 445
Net income (loss) (1) 347 40 1,038
Net income attributable to noncontrolling interests 24 14 51 74
Net income (loss) available for Dow Inc. common stockholders $ (25) $ 333 $ (11) $ 964
Earnings (loss) per common share from continuing operations - basic $ (0.04) $ 0.45 $ (0.02) $ 0.71
Earnings per common share from discontinued operations - basic 0 0 0 0.58
Earnings (loss) per common share - basic (0.04) 0.45 (0.02) 1.29
Earnings (loss) per common share from continuing operations - diluted (0.04) 0.45 (0.02) 0.71
Earnings per common share from discontinued operations - diluted 0 0 0 0.58
Earnings (loss) per common share - diluted $ (0.04) $ 0.45 $ (0.02) $ 1.29
Weighted-average common shares outstanding - basic 740.5 739.8 740.0 743.3
Weighted-average common shares outstanding - diluted 740.5 743.0 740.0 746.1
Depreciation $ 526 $ 540 $ 1,558 $ 1,621
Capital expenditures $ 287 $ 472 $ 955 $ 1,384