SUPPLEMENTARY INFORMATION (Tables)

9 Months Ended

Sep. 30, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

The Company uses "Sundry income (expense) – net" to record a variety of income and expense items such as foreign currency exchange gains and losses, dividends from investments, gains and losses on sales of investments and assets, non-operating pension and other postretirement benefit plan credits or costs, and certain litigation matters.


Dow Inc. Sundry Income (Expense) – Net	Three Months Ended						Nine Months Ended
In millions	Sep 30, 2020		Sep 30, 2019		Sep 30, 2020		Sep 30, 2019
Non-operating pension and other postretirement benefit plan net credits ¹	$	26	$	44	$	81	$	161
Foreign exchange gains (losses)	(24)		17		(42)		65
Gain on divestiture of rail infrastructure ²	233		—		233		—
Loss on early extinguishment of debt ³	(63)		—		(149)		(44)
Loss on divestitures ⁴	(13)		—		(13)		(44)
Gains on sales of other assets and investments	2		26		7		33
Indemnification and other transaction related costs ⁵	—		—		—		(52)
Gain related to Nova ethylene asset matter ⁶	—		170		6		170
Dow Silicones breast implant liability adjustment ⁶	—		85		5		85
Loss on Dow Silicones commercial creditor matters ⁶	—		(50)		—		(50)
Other - net	21		9		26		45
Total sundry income (expense) – net	$	182	$	301	$	154	$	369

1.See Note 17 for additional information.

2.See Note 5 for additional information.

3.See Note 12 for additional information.

4.The three and nine months ended September 30, 2020 includes a loss on the divestiture of a bio-ethanol manufacturing facility in Brazil, related to Packaging and Specialty Plastics. The nine months ended September 30, 2019 includes post-closing adjustments on previous divestitures, related to Corporate.

5.See Note 3 for additional information.

6.See Note 13 for additional information.


TDCC Sundry Income (Expense) – Net	Three Months Ended						Nine Months Ended
In millions	Sep 30, 2020		Sep 30, 2019		Sep 30, 2020		Sep 30, 2019
Non-operating pension and other postretirement benefit plan net credits ¹	$	26	$	44	$	81	$	161
Foreign exchange gains (losses)	(22)		3		(45)		51
Gain on divestiture of rail infrastructure ²	233		—		233		—
Loss on early extinguishment of debt ³	(63)		—		(149)		(44)
Gain (loss) on divestitures ⁴	(13)		(5)		(13)		9
Gains on sales of other assets and investments	2		26		7		33
Gain related to Nova ethylene asset matter ⁵	—		170		6		170
Dow Silicones breast implant liability adjustment ⁵	—		85		5		85
Loss on Dow Silicones commercial creditor matters ⁵	—		(50)		—		(50)
Other - net	18		11		25		47
Total sundry income (expense) – net	$	181	$	284	$	150	$	462

1.See Note 17 for additional information.

2.See Note 5 for additional information.

3.See Note 12 for additional information.

4.The three and nine months ended September 30, 2020 includes a loss on the divestiture of a bio-ethanol manufacturing facility in Brazil, related to Packaging and Specialty Plastics. The three and nine months ended September 30, 2019 includes post-closing adjustments on previous divestitures, related to Corporate.

5.See Note 13 for additional information.

Schedule of Company-Owned Life Insurance

The Company has investments in company-owned life insurance policies, which are recorded at their cash surrender value as of each balance sheet date, as provided below:


Investments in Company-Owned Life Insurance	Sep 30, 2020		Dec 31, 2019
In millions
Gross cash value	$	817	$	820
Less: Existing drawdowns ¹	296		85
Investments in company-owned life insurance²	$	521	$	735

1.Classified as "Proceeds from sales and maturities of investments" in the consolidated statements of cash flows.

2.Classified as "Other investments" in the consolidated balance sheets.