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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 54,968 $ 38,542 $ 42,951
Cost of sales 44,191 33,346 36,657
Research and development expenses 857 768 765
Selling, general and administrative expenses 1,645 1,471 1,590
Amortization of intangibles 388 401 419
Restructuring, goodwill impairment and asset related charges - net 6 708 3,219
Integration and separation costs 0 239 1,063
Equity in earnings (losses) of nonconsolidated affiliates 975 (18) (94)
Sundry income (expense) - net (35) 1,269 461
Interest income 55 38 81
Interest expense and amortization of debt discount 731 827 933
Income (loss) from continuing operations before income taxes 8,145 2,071 (1,247)
Provision for income taxes on continuing operations 1,740 777 470
Income (loss) from continuing operations, net of tax 6,405 1,294 (1,717)
Income from discontinued operations, net of tax 0 0 445
Net income (loss) 6,405 1,294 (1,272)
Net income attributable to noncontrolling interests 94 69 87
Net income (loss) available for The Dow Chemical Company common stockholder $ 6,311 $ 1,225 $ (1,359)
Earnings (loss) per common share from continuing operations - basic $ 8.44 $ 1.64 $ (2.42)
Earnings per common share from discontinued operations - basic 0 0 0.58
Earnings (loss) per common share - basic 8.44 1.64 (1.84)
Earnings (loss) per common share from continuing operations - diluted 8.38 1.64 (2.42)
Earnings per common share from discontinued operations - diluted 0 0 0.58
Earnings (loss) per common share - diluted $ 8.38 $ 1.64 $ (1.84)
Weighted-average common shares outstanding - basic 743.6 740.5 742.5
Weighted-average common shares outstanding - diluted 749.0 742.3 742.5