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TDCC Consolidated Statements of Cash Flows Statement - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Net income $ 1,006 $ 258
Depreciation and amortization 717 724
Provision (credit) for deferred income tax 144 (57)
Earnings of nonconsolidated affiliates less than (in excess of) dividends received 46 (134)
Net periodic pension benefit cost 23 64
Pension contributions (1,061) (63)
Net gain on sales of assets, businesses and investments 38 12
Restructuring and asset related charges - net 0 96
Other net loss (55) (135)
Accounts and notes receivable 866 (128)
Inventories 478 111
Accounts payable 611 (314)
Other assets and liabilities, net 295 (254)
Cash provided by (used for) operating activities (291) 1,239
Capital expenditures (289) (395)
Investment in gas field developments (9) (5)
Payments to Acquire Equipment on Lease (2) 0
Proceeds from sales of property and businesses, net of cash divested 9 11
Investments in and loans to nonconsolidated affiliates 0 (114)
Distributions and loan repayments from nonconsolidated affiliates 0 6
Purchases of investments (150) (128)
Proceeds from sales and maturities of investments 428 472
Cash used for investing activities (13) (153)
Changes in short-term notes payable (47) 838
Proceeds from issuance of long-term debt 29 2,449
Payments on long-term debt (164) (2,275)
Proceeds from issuance of stock 127 16
Transaction financing, debt issuance and other costs (1) (93)
Employee taxes paid for share-based payment arrangements (10) (26)
Distributions to noncontrolling interests (8) (1)
Payments of Ordinary Dividends (521) (518)
Cash provided by (used for) financing activities (595) 265
Effect of exchange rate changes on cash, cash equivalents and restricted cash (48) (86)
Increase (decrease) in cash, cash equivalents and restricted cash (947) 1,265
Cash, cash equivalents and restricted cash at beginning of period 5,108 2,380
Cash, cash equivalents and restricted cash at end of period 4,161 3,645
Less: Restricted cash and cash equivalents, included in "Other current assets" 28 12
Cash and cash equivalents at end of period 4,133 3,633
The Dow Chemical Company [Domain]    
Net income 998 258
Depreciation and amortization 717 724
Provision (credit) for deferred income tax 144 (57)
Earnings of nonconsolidated affiliates less than (in excess of) dividends received (46) 134
Net periodic pension benefit cost 23 64
Pension contributions (1,061) (63)
Net gain on sales of assets, businesses and investments (38) (12)
Restructuring and asset related charges - net 0 96
Other net loss 59 136
Accounts and notes receivable (866) 128
Inventories (478) (111)
Accounts payable 611 (314)
Other assets and liabilities, net (172) 256
Cash provided by (used for) operating activities (109) 1,239
Capital expenditures (289) (395)
Investment in gas field developments (9) (5)
Payments to Acquire Equipment on Lease (2) 0
Proceeds from sales of property and businesses, net of cash divested 9 11
Investments in and loans to nonconsolidated affiliates 0 (114)
Distributions and loan repayments from nonconsolidated affiliates 0 6
Purchases of investments (150) (128)
Proceeds from sales and maturities of investments 428 472
Cash used for investing activities (13) (153)
Changes in short-term notes payable (47) 838
Proceeds from issuance of long-term debt 29 2,449
Payments on long-term debt (164) (2,275)
Proceeds from issuance of stock 127 16
Transaction financing, debt issuance and other costs (1) (93)
Employee taxes paid for share-based payment arrangements (10) (26)
Distributions to noncontrolling interests (8) (1)
Payments of Ordinary Dividends (703) (643)
Cash provided by (used for) financing activities (777) 265
Effect of exchange rate changes on cash, cash equivalents and restricted cash (48) (86)
Increase (decrease) in cash, cash equivalents and restricted cash (947) 1,265
Cash, cash equivalents and restricted cash at beginning of period 5,108 2,380
Cash, cash equivalents and restricted cash at end of period 4,161 3,645
Less: Restricted cash and cash equivalents, included in "Other current assets" 28 12
Cash and cash equivalents at end of period $ 4,133 $ 3,633