RELATD PARTY TRANSACTIONS (Notes)

3 Months Ended

Mar. 31, 2022

RELATED PARTY TRANSACTIONS

TDCC has committed to fund Dow Inc.'s dividends paid to common stockholders and share repurchases, as approved by Dow Inc.'s Board from time to time, as well as certain governance expenses. Funding is accomplished through intercompany loans. TDCC's Board reviews and determines a dividend distribution to Dow Inc. to settle the intercompany loans. The following table summarizes cash dividends TDCC declared and paid to Dow Inc. for the three months ended March 31, 2022 and 2021:


TDCC Cash Dividends Declared and Paid	Three Months Ended
	Mar 31, 2022		Mar 31, 2021
In millions
Cash dividends declared and paid	$	1,121	$	703

At March 31, 2022 and December 31, 2021, TDCC's outstanding intercompany loan balance with Dow Inc. was insignificant.