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Dow Consolidated Statements of Income Statement - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net sales $ 11,851 $ 15,264
Cost of sales 10,629 12,402
Research and development expenses 214 218
Selling, general and administrative expenses 428 498
Amortization of intangibles 81 88
Restructuring and asset related charges - net 541 186
Equity in earnings (losses) of nonconsolidated affiliates (48) 174
Sundry income (expense) - net 79 148
Interest income 76 28
Interest expense and amortization of debt discount 185 167
Income (loss) before income taxes (120) 2,055
Provision (credit) for income taxes (47) 503
Net income (loss) (73) 1,552
Net income (loss) attributable to noncontrolling interests 20 (17)
Net income (loss) available for The Dow Chemical Company common stockholder $ (93) $ 1,569
Earnings (loss) per common share - basic $ (0.13) $ 2.12
Earnings (loss) per common share - diluted $ (0.13) $ 2.11
Weighted-average common shares outstanding - basic 708.2 734.6
Weighted-average common shares outstanding - diluted 708.2 739.8