STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2022

Stockholders' Equity Note [Abstract]

Schedule of Common Stock and Treasury Stock Outstanding Roll Forward

The following table provides a reconciliation of Dow Inc. common stock activity for the years ended December 31, 2022, 2021 and 2020:

Shares of Dow Inc. Common Stock	Issued	Held in Treasury
Balance at Jan 1, 2020	751,228,644	9,729,834
Issued 1	4,764,554	—
Repurchased	—	3,073,469
Balance at Jan 1, 2021	755,993,198	12,803,303
Issued 1	8,233,684	—
Repurchased	—	16,208,270
Balance at Jan 1, 2022	764,226,882	29,011,573
Issued 1	7,451,643	(1,499,610)
Repurchased	—	39,286,642
Balance at Dec 31, 2022	771,678,525	66,798,605

1.Shares issued to employees and non-employee directors under the Company's equity compensation plans.

Comprehensive Income (Loss)

The changes in each component of AOCL for the years ended December 31, 2022, 2021 and 2020 were as follows:

Accumulated Other Comprehensive Loss	2022		2021		2020
In millions
Unrealized Gains (Losses) on Investments
Beginning balance	$	59	$	104	$	64
Unrealized gains (losses) on investments	(326)		(21)		104
Tax (expense) benefit	13		5		(23)
Net unrealized gains (losses) on investments	(313)		(16)		81
(Gains) losses reclassified from AOCL to net income 1	2		(38)		(54)
Tax expense (benefit) 2	(1)		9		13
Net (gains) losses reclassified from AOCL to net income	1		(29)		(41)
Other comprehensive income (loss), net of tax	(312)		(45)		40
Ending balance	$	(253)	$	59	$	104
Cumulative Translation Adjustment
Beginning balance	$	(1,355)	$	(930)	$	(1,135)
Gains (losses) on foreign currency translation	(557)		(375)		227
Tax (expense) benefit	24		(40)		25
Net gains (losses) on foreign currency translation	(533)		(415)		252
(Gains) losses reclassified from AOCL to net income 3	(46)		(10)		(47)
Other comprehensive income (loss), net of tax	(579)		(425)		205
Ending balance	$	(1,934)	$	(1,355)	$	(930)
Pension and Other Postretirement Benefits
Beginning balance	$	(7,334)	$	(9,559)	$	(8,781)
Gains (losses) arising during the period	2,611		2,094		(1,769)
Tax (expense) benefit	(630)		(464)		411
Net gains (losses) arising during the period	1,981		1,630		(1,358)
Amortization of net loss and prior service credits reclassified from AOCL to net income 4	622		776		753
Tax expense (benefit) 2	(146)		(181)		(173)
Net loss and prior service credits reclassified from AOCL to net income	476		595		580
Other comprehensive income (loss), net of tax	2,457		2,225		(778)
Ending balance	$	(4,877)	$	(7,334)	$	(9,559)
Derivative Instruments
Beginning balance	$	(347)	$	(470)	$	(394)
Gains (losses) on derivative instruments	638		155		(96)
Tax (expense) benefit	(87)		3		(1)
Net gains (losses) on derivative instruments	551		158		(97)
(Gains) losses reclassified from AOCL to net income 5	(313)		(38)		30
Tax expense (benefit) 2	34		3		(9)
Net (gains) losses reclassified from AOCL to net income	(279)		(35)		21
Other comprehensive income (loss), net of tax	272		123		(76)
Ending balance	$	(75)	$	(347)	$	(470)
Total AOCL ending balance	$	(7,139)	$	(8,977)	$	(10,855)

1.Reclassified to "Net sales" and "Sundry income (expense) - net."

2.Reclassified to "Provision for income taxes."

3.Reclassified to "Sundry income (expense) - net."

4.These AOCL components are included in the computation of net periodic benefit cost of the Company's defined benefit pension and other postretirement benefit plans. See Note 19 for additional information.

5.Reclassified to "Cost of sales," "Sundry income (expense) - net" and "Interest expense and amortization of debt discount."