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Dow Consolidated Statements of Income Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales $ 11,882 $ 9,770
Cost of sales 10,062 8,230
Research and development expenses 194 179
Selling, general and administrative expenses 366 334
Amortization of intangibles 101 100
Restructuring and asset related charges - net 0 96
Integration and separation costs 0 65
Equity in earnings (losses) of nonconsolidated affiliates 224 (89)
Sundry income (expense) - net 128 (81)
Interest income 8 15
Interest expense and amortization of debt discount 196 215
Income before income taxes 1,323 396
Provision for income taxes 317 138
Net income 1,006 258
Net income attributable to noncontrolling interests 15 19
Net income available for The Dow Chemical Company common stockholder $ 991 $ 239
Earnings per common share - basic $ 1.32 $ 0.32
Earnings per common share - diluted $ 1.32 $ 0.32
Weighted-average common shares outstanding - basic 744.8 740.2
Weighted-average common shares outstanding - diluted 749.8 742.0