XML 49 R37.htm IDEA: XBRL DOCUMENT v3.22.2.2
RELATD PARTY TRANSACTIONS (Notes)
 9 Months Ended
Sep. 30, 2022
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block] RELATED PARTY TRANSACTIONS
TDCC has committed to fund Dow Inc.'s dividends paid to common stockholders and share repurchases, as approved by the Dow Inc. 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 and nine months ended September 30, 2022 and 2021:

TDCC Cash Dividends Declared and PaidThree Months EndedNine Months Ended
Sep 30, 2022Sep 30, 2021Sep 30, 2022Sep 30, 2021
In millions
Cash dividends declared and paid$1,301 $919 $3,755 $2,361 

At September 30, 2022 and December 31, 2021, TDCC's outstanding intercompany loan balance with Dow Inc. was insignificant.