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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash used for operating activities    
Net income (loss) $ 1,048 $ (418) [1]
Depreciation and Amortization 583 485 [2]
Benefit from Deferred Income Tax (136) (473) [1]
Net Periodic Pension Benefit (202) (146) [1]
Pension Contributions (39) (92) [1]
Net loss (gain) on sales of property, businesses, consolidated companies, and investments 30 (67) [1]
Restructuring and Asset Related Charges - Net 249 121
Amortization of inventory step-up 0 257 [1]
Goodwill, Impairment Loss 0 1,102 [1]
Loss on Extinguishment of Debt 0 13 [1]
Other net loss 185 172 [1]
Changes in operating assets and liabilities - net (2,587) (2,758) [1]
Cash used for operating activities (869) (1,088) [1]
Cash used for investing activities    
Capital expenditures (202) (834) [1]
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 18 125 [1]
Acquisitions of Businesses, Net of Cash Acquired 0 (9) [1]
Proceeds from sales of ownership interests in nonconsolidated affiliates 0 21 [1]
Purchases of investments (361) (13) [1]
Proceeds from Sale and Maturities of Investments 298 37 [1]
Other investing activities - net (5) (1) [1]
Cash used for investing activities (252) (674) [1]
Cash provided by (used for) financing activities    
Net change in borrowings (less than 90 days) 966 173 [1]
Proceeds from debt 2,434 1,001 [1]
Payments on Debt (879) (6,803) [1]
Payments for Repurchase of Common Stock (50) 0 [1]
Proceeds from Stock Options Exercised 17 39 [1]
Payments of Dividends (194) 0 [1]
Payments to Noncontrolling Interests (60) 0 [1]
Distributions to DowDuPont 0 (317) [1]
Cash transferred at Internal Reorganization 0 (2,053) [1]
Contributions from Dow and DowDuPont 0 7,396 [1]
Payment for Debt Extinguishment or Debt Prepayment Cost 0 (79) [1]
Other financing activities (20) (42) [1]
Cash provided by (used for) financing activities 2,214 (685) [1]
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (95) (64) [1]
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash 998 (2,511) [1]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total Company, Beginning of Period 2,173 5,024 [1]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total Company, End of Period [3] 3,171 2,513 [1]
EID [Member]    
Cash used for operating activities    
Net income (loss) 1,000 (441)
Depreciation and Amortization 583 485 [4]
Benefit from Deferred Income Tax (136) (473)
Net Periodic Pension Benefit (202) (146)
Pension Contributions (39) (92)
Net loss (gain) on sales of property, businesses, consolidated companies, and investments 30 (67)
Restructuring and Asset Related Charges - Net 249 121
Amortization of inventory step-up 0 257
Goodwill, Impairment Loss 0 1,102
Loss on Extinguishment of Debt 0 13
Other net loss 185 172
Changes in operating assets and liabilities - net (2,590) (2,754)
Cash used for operating activities (920) (1,107)
Cash used for investing activities    
Capital expenditures (202) (834)
Proceeds from the sale of property, businesses, and consolidated companies, net of cash divested 18 125
Acquisitions of Businesses, Net of Cash Acquired 0 (9)
Proceeds from sales of ownership interests in nonconsolidated affiliates 0 21
Purchases of investments (361) (13)
Proceeds from Sale and Maturities of Investments 298 37
Other investing activities - net (5) (1)
Cash used for investing activities (252) (674)
Cash provided by (used for) financing activities    
Net change in borrowings (less than 90 days) 966 173
Proceeds from Related Party Debt 67 4,160
Repayments of Related Party Debt (246) 0
Proceeds from debt 2,434 1,001
Payments on Debt (879) (6,803)
Proceeds from Stock Options Exercised 17 39
Payments to Noncontrolling Interests (60) 0
Distributions to DowDuPont 0 (317)
Cash transferred at Internal Reorganization 0 (2,053)
Contributions from Dow and DowDuPont 0 3,255
Payment for Debt Extinguishment or Debt Prepayment Cost 0 (79)
Other financing activities (34) (42)
Cash provided by (used for) financing activities 2,265 (666)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (95) (64)
Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash 998 (2,511)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total Company, Beginning of Period 2,173 5,024
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Total Company, End of Period 3,171 2,513
Total company [Member]    
Cash used for operating activities    
Depreciation and Amortization 583 1,084 [1]
Restructuring and Asset Related Charges - Net 249 238 [1]
Total company [Member] | EID [Member]    
Cash used for operating activities    
Depreciation and Amortization 583 1,084
Restructuring and Asset Related Charges - Net $ 249 $ 238
[1] The cash flows for the six months ended June 30, 2019 includes cash flows of EID's ECP and Specialty Products Entities.
[2]
Period is presented on a pro forma basis, prepared in accordance with Article 11 of Regulation S-X.
[3] See page 19 for reconciliation of cash and cash equivalents and restricted cash presented in interim Condensed Consolidated Balance Sheets to total cash, cash equivalents and restricted cash presented in the interim Condensed Consolidated Statements of Cash Flows.
[4]
Period is presented on a pro forma basis, prepared in accordance with Article 11 of Regulation S-X.