XML 104 R92.htm IDEA: XBRL DOCUMENT
v3.22.2

Schedule of Fair Value of Derivative Instruments (Details) - USD ($) $ in Millions | Jun. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Collateral, Right to Reclaim Cash, Offset | $ 53 | $ 71
Fair Value, Inputs, Level 2 [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 1,594 | 632
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset | (973) | (443)
Derivative Asset | 621 | 189
Derivative Liability, Fair Value, Gross Liability | 1,351 | 715
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset | (1,004) | (465)
Derivative Liability | 347 | 250
Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 1,494 | 599
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset | (910) | (421)
Derivative Asset | 584 | 178
Derivative Liability, Fair Value, Gross Liability | 1,146 | 599
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset | (929) | (440)
Derivative Liability | 217 | 159
Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 100 | 33
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset | (63) | (22)
Derivative Asset | 37 | 11
Derivative Liability, Fair Value, Gross Liability | 205 | 116
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset | (75) | (25)
Derivative Liability | 130 | 91
Other Current Assets [Member] | Interest Rate Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 501 | 14
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset | (334) | (14)
Derivative Asset | 167 | 0
Other Current Assets [Member] | Interest Rate Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement |  | 1
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset |  | 0
Derivative Asset |  | 1
Other Current Assets [Member] | Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 309 | 24
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset | (228) | (13)
Derivative Asset | 81 | 11
Other Current Assets [Member] | Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 66 | 23
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset | (59) | (16)
Derivative Asset | 7 | 7
Other Current Assets [Member] | Commodity Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 670 | 305
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset | (348) | (173)
Derivative Asset | 322 | 132
Other Current Assets [Member] | Commodity Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 34 | 8
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset | (4) | (5)
Derivative Asset | 30 | 3
Deferred charges and other assets [Member] | Interest Rate Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement |  | 130
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset |  | (130)
Derivative Asset |  | 0
Deferred charges and other assets [Member] | Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement |  | 117
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset |  | (89)
Derivative Asset |  | 28
Deferred charges and other assets [Member] | Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement |  | 1
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset |  | (1)
Derivative Asset |  | 0
Deferred charges and other assets [Member] | Commodity Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 14 | 9
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset | 0 | (2)
Derivative Asset | 14 | 7
Accrued and Other Current Liabilities [Member] | Interest Rate Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability | 334 | 33
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset | (334) | (14)
Derivative Liability | 0 | 19
Accrued and Other Current Liabilities [Member] | Interest Rate Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability |  | 59
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset |  | 0
Derivative Liability |  | 59
Accrued and Other Current Liabilities [Member] | Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability | 247 | 15
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset | (228) | (13)
Derivative Liability | 19 | 2
Accrued and Other Current Liabilities [Member] | Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability | 153 | 31
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset | (59) | (16)
Derivative Liability | 94 | 15
Accrued and Other Current Liabilities [Member] | Commodity Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability | 564 | 267
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset | (366) | (192)
Derivative Liability | 198 | 75
Accrued and Other Current Liabilities [Member] | Commodity Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability | 52 | 25
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset | (16) | (8)
Derivative Liability | 36 | 17
Other Noncurrent Obligations [Member] | Interest Rate Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability |  | 192
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset |  | (130)
Derivative Liability |  | 62
Other Noncurrent Obligations [Member] | Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability |  | 90
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset |  | (89)
Derivative Liability |  | 1
Other Noncurrent Obligations [Member] | Foreign Exchange Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Not Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability |  | 1
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset |  | (1)
Derivative Liability |  | 0
Other Noncurrent Obligations [Member] | Commodity Contract [Member] | Fair Value, Inputs, Level 2 [Member] | Designated as Hedging Instrument [Member] |  |
Derivatives, Fair Value [Line Items] |  |
Derivative Liability, Fair Value, Gross Liability | 1 | 2
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset | (1) | (2)
Derivative Liability | $ 0 | $ 0

X
- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and elected not to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 + Details
Name: | us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value of liability associated with financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, and obligation to return cash collateral under master netting arrangements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226003-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126966630&loc=d3e41228-113958 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 21 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226049-175313 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 20 -Section 50 -Paragraph 4D -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=121570589&loc=SL51823488-111719 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226000-175313 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 + Details
Name: | us-gaap_DerivativeLiabilities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of right to receive cash collateral under master netting arrangements offset against derivative liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126966630&loc=d3e41228-113958 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value of asset associated with financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, and right to receive cash collateral under master netting arrangements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226003-175313 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 21 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226049-175313 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126966630&loc=d3e41228-113958 + Details
Name: | us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativesFairValueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=us-gaap_OtherCurrentAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CommodityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=dow_DeferredchargesandotherassetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=dow_AccruedAndOtherCurrentLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BalanceSheetLocationAxis=dow_OtherNoncurrentObligationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |