TDCC Consolidated Statements of Cash Flows Statement - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Net income	$ 3,233	$ 2,938
Depreciation and amortization	1,436	1,462
Provision for deferred income tax	348	388
Earnings of nonconsolidated affiliates less than (in excess of) dividends received	289	(283)
Net periodic pension benefit cost	14	29
Pension contributions	(89)	(1,109)
Net (gain) loss on sales of assets, businesses and investments	6	(50)
Restructuring and asset related charges - net	186	22
Other net loss	92	224
Accounts and notes receivable	(767)	(1,903)
Inventories	(908)	(1,278)
Accounts payable	69	1,357
Other assets and liabilities, net	(441)	(4)
Cash provided by operating activities	3,457	1,713
Capital expenditures	(772)	(622)
Investment in gas field developments	(80)	(24)
Purchases of previously leased assets	(3)	(3)
Proceeds from sales of property and businesses, net of cash divested	5	10
Acquisitions of property and businesses, net of cash acquired	0	(107)
Investments in and loans to nonconsolidated affiliates	(33)	0
Distributions and loan repayments from nonconsolidated affiliates	10	11
Proceeds from sales of ownership interests in nonconsolidated affiliates	11	0
Purchases of investments	(278)	(560)
Proceeds from sales and maturities of investments	418	527
Other investing activities, net	(41)	0
Cash used for investing activities	(763)	(768)
Changes in short-term notes payable	180	(38)
Proceeds from issuance of short-term debt greater than three months	0	72
Payments on short-term debt greater than three months	(14)	0
Proceeds from issuance of long-term debt	49	68
Payments on long-term debt	(927)	(1,425)
Proceeds from issuance of stock	97	200
Transaction financing, debt issuance and other costs	(7)	(95)
Employee taxes paid for share-based payment arrangements	(34)	(11)
Distributions to noncontrolling interests	(22)	(28)
Dividends paid to stockholders	(1,018)	(1,043)
Cash used for financing activities	(3,096)	(2,500)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(162)	(12)
Decrease in cash, cash equivalents and restricted cash	(564)	(1,567)
Cash, cash equivalents and restricted cash at beginning of period	3,033	5,108
Cash, cash equivalents and restricted cash at end of period	2,469	3,541
Less: Restricted cash and cash equivalents, included in "Other current assets"	102	50
Cash and cash equivalents and end of period	2,367	3,491
The Dow Chemical Company
Net income	3,231	2,943
Depreciation and amortization	1,436	1,462
Provision for deferred income tax	348	388
Earnings of nonconsolidated affiliates less than (in excess of) dividends received	289	(283)
Net periodic pension benefit cost	14	29
Pension contributions	(89)	(1,109)
Net (gain) loss on sales of assets, businesses and investments	6	(50)
Restructuring and asset related charges - net	186	22
Other net loss	97	224
Accounts and notes receivable	(767)	(1,903)
Inventories	(908)	(1,278)
Accounts payable	69	1,357
Other assets and liabilities, net	(419)	110
Cash provided by operating activities	3,493	1,912
Capital expenditures	(772)	(622)
Investment in gas field developments	(80)	(24)
Purchases of previously leased assets	(3)	(3)
Proceeds from sales of property and businesses, net of cash divested	5	10
Acquisitions of property and businesses, net of cash acquired	0	(107)
Investments in and loans to nonconsolidated affiliates	(33)	0
Distributions and loan repayments from nonconsolidated affiliates	10	11
Proceeds from sales of ownership interests in nonconsolidated affiliates	11	0
Purchases of investments	(278)	(560)
Proceeds from sales and maturities of investments	418	527
Other investing activities, net	(41)	0
Cash used for investing activities	(763)	(768)
Changes in short-term notes payable	180	(38)
Proceeds from issuance of short-term debt greater than three months	0	72
Payments on short-term debt greater than three months	(14)	0
Proceeds from issuance of long-term debt	49	68
Payments on long-term debt	(927)	(1,425)
Proceeds from issuance of stock	97	200
Transaction financing, debt issuance and other costs	(7)	(95)
Employee taxes paid for share-based payment arrangements	(34)	(11)
Distributions to noncontrolling interests	(22)	(28)
Dividends paid to stockholders	(2,454)	(1,442)
Cash used for financing activities	(3,132)	(2,699)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(162)	(12)
Decrease in cash, cash equivalents and restricted cash	(564)	(1,567)
Cash, cash equivalents and restricted cash at beginning of period	3,033	5,108
Cash, cash equivalents and restricted cash at end of period	2,469	3,541
Less: Restricted cash and cash equivalents, included in "Other current assets"	102	50
Cash and cash equivalents and end of period	$ 2,367	$ 3,491