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SEGMENTS AND GEOGRAPHIC REGIONS (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Segment Information			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Materials & Coatings			Corp.			Total
In millions
Three months ended Sep 30, 2023
Net sales			$	5,454		$	3,035		$	2,130		$	111		$	10,730
Equity in earnings (losses) of nonconsolidated affiliates			$	50		$	(63)		$	5		$	1		$	(7)
Dow Inc. Operating EBIT 1			$	476		$	21		$	179		$	(50)		$	626
Three months ended Sep 30, 2022
Net sales			$	7,327		$	4,059		$	2,654		$	75		$	14,115
Equity in earnings (losses) of nonconsolidated affiliates			$	55		$	(114)		$	1		$	—		$	(58)
Dow Inc. Operating EBIT 1			$	785		$	167		$	302		$	(59)		$	1,195
Nine months ended Sep 30, 2023
Net sales			$	17,508		$	9,590		$	6,603		$	300		$	34,001
Equity in earnings (losses) of nonconsolidated affiliates			$	90		$	(219)		$	14		$	3		$	(112)
Dow Inc. Operating EBIT 1			$	2,036		$	109		$	280		$	(206)		$	2,219
Nine months ended Sep 30, 2022
Net sales			$	23,187		$	12,953		$	8,706		$	197		$	45,043
Equity in earnings (losses) of nonconsolidated affiliates			$	303		$	5		$	6		$	(3)		$	311
Dow Inc. Operating EBIT 1			$	3,455		$	1,254		$	1,458		$	(178)		$	5,989

1.Operating EBIT for TDCC for the three and nine months ended September 30, 2023 and 2022 is substantially the same as that of Dow Inc. and therefore has not been disclosed separately in the table above. A reconciliation of "Net income" to Operating EBIT is provided in the following table.

Reconciliation of income from continuing operations, net of tax to Operating EBIT [Table Text Block]

Reconciliation of "Net income" to Operating EBIT			Three Months Ended						Nine Months Ended
In millions			Sep 30, 2023			Sep 30, 2022			Sep 30, 2023			Sep 30, 2022
Net income			$	327		$	760		$	755		$	3,993
+ Provision for income taxes			90			241			253			1,232
Income before income taxes			$	417		$	1,001		$	1,008		$	5,225
- Interest income			44			41			186			105
+ Interest expense and amortization of debt discount			192			155			549			487
- Significant items			(61)			(80)			(848)			(382)
Operating EBIT			$	626		$	1,195		$	2,219		$	5,989

Schedule of significant items [Table Text Block]

The following tables summarize the pretax impact of significant items by segment excluded from Operating EBIT:

Significant Items by Segment			Three Months Ended Sep 30, 2023															Nine Months Ended Sep 30, 2023
			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Mat. & Coatings			Corp.			Total			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Mat. & Coatings			Corp.			Total
In millions
Restructuring, implementation and efficiency costs, and asset related charges - net 1			$	—		$	—		$	—		$	(82)		$	(82)		$	(1)		$	(48)		$	(67)		$	(572)		$	(688)
Litigation related charges, awards and adjustments 2			—			—			—			—			—			—			(177)			—			—			(177)
Indemnification and other transaction related costs 3			—			—			—			21			21			—			—			—			17			17
Total			$	—		$	—		$	—		$	(61)		$	(61)		$	(1)		$	(225)		$	(67)		$	(555)		$	(848)

1.Includes restructuring charges and implementation and efficiency costs associated with the Company's 2023 Restructuring Program. The nine months ended September 30, 2023 also includes certain gains and losses associated with previously impaired equity investments.

2.Includes a loss associated with legacy agricultural products groundwater contamination matters. See Note 8 for additional information.

3.Primarily related to charges associated with agreements entered into with DuPont and Corteva as part of the separation and distribution which, among other matters, provides for cross-indemnities and allocations of obligations and liabilities for periods prior to, at and after the completion of the separation.

Significant Items by Segment			Three Months Ended Sep 30, 2022															Nine Months Ended Sep 30, 2022
			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Mat. & Coatings			Corp.			Total			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Mat. & Coatings			Corp.			Total
In millions
Digitalization program costs 1			$	—		$	—		$	—		$	(62)		$	(62)		$	—		$	—		$	—		$	(154)		$	(154)
Restructuring, implementation costs and asset related charges - net 2			—			—			—			(11)			(11)			—			—			—			(31)			(31)
Russia / Ukraine conflict charges 3			—			—			—			—			—			(31)			(109)			(16)			(30)			(186)
Loss on early extinguishment of debt 4			—			—			—			—			—			—			—			—			(8)			(8)
Indemnification and other transactions related costs 5			—			—			—			(7)			(7)			—			—			—			(3)			(3)
Total			$	—		$	—		$	—		$	(80)		$	(80)		$	(31)		$	(109)		$	(16)		$	(226)		$	(382)

1.Includes costs associated with implementing the Company's Digital Acceleration program.

2.Includes costs associated with implementing the Company's 2020 Restructuring Program.

3.Asset related charges due to the Russia and Ukraine conflict. See Note 4 for additional information.

4.The Company redeemed outstanding long-term debt resulting in a loss on early extinguishment.

5.Primarily related to charges associated with agreements entered into with DuPont and Corteva as part of the separation and distribution which, among other matters, provides for cross-indemnities and allocations of obligations and liabilities for periods prior to, at and after the completion of the separation.

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