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SEGMENTS AND GEOGRAPHIC REGIONS (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Revenue from External Customers by Geographic Areas

Sales to external customers, which are attributed to geographic regions based on customer location, were as follows:

Sales to External Customers by Geographic Region			Three Months Ended
In millions			Mar 31, 2025			Mar 31, 2024
United States			$	3,946		$	3,829
EMEAI			3,274			3,484
Rest of World			3,211			3,452
Total			$	10,431		$	10,765

Long-Lived Assets by Geographic Areas

Long-lived assets, which are attributed to geographic regions based on asset location, were as follows:

Long-Lived Assets by Geographic Region			Mar 31, 2025			Dec 31, 2024
In millions
United States			$	15,176		$	15,216
EMEAI			2,826			2,726
Rest of World			4,328			4,062
Total			$	22,330		$	22,004

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

Segment Operating EBIT 1			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Materials & Coatings			Operating Segment Total
In millions
Three months ended Mar 31, 2025
Net sales			$	5,310		$	2,855		$	2,071		$	10,236
Cost of sales			4,765			2,822			1,845			9,432
SARD 2			240			127			151			518
Equity in earnings (losses) of nonconsolidated affiliates			39			(58)			—			(19)
Other segment income (expense) items 3			(2)			24			(26)			(4)
Segment Operating EBIT 4			$	342		$	(128)		$	49		$	263
Three months ended Mar 31, 2024
Net sales			$	5,430		$	3,008		$	2,152		$	10,590
Cost of sales			4,597			2,776			1,894			9,267
SARD 2			255			136			197			588
Equity in earnings (losses) of nonconsolidated affiliates			25			(15)			6			16
Other segment income (expense) items 3			2			6			(26)			(18)
Segment Operating EBIT 4			$	605		$	87		$	41		$	733

1.Significant expense categories are presented on an operating basis, net of the impact of significant items.

2.SARD includes selling, general and administrative and research and development expenses.

3.Other segment items includes amortization of intangibles and sundry income (expense) - net.

4.Segment Operating EBIT for TDCC for the three months ended March 31, 2025 and 2024 is substantially the same as that of Dow Inc. and therefore is not disclosed separately in the table above. A reconciliation of "Segment Operating EBIT" to "Income before income taxes" is provided in the following table.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Reconciliation of "Segment Operating EBIT" to "Income (Loss) Before Income Taxes"			Three Months Ended
In millions			Mar 31, 2025			Mar 31, 2024
Segment Operating EBIT			$	263		$	733
+ Corporate Operating EBIT			(33)			(59)
+ Interest income			28			65
- Interest expense and amortization of debt discount			216			199
+ Significant items			(416)			(91)
Income (loss) before income taxes			$	(374)		$	449

Schedule of Other Segment Information [Table Text Block]

Other Segment Information			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Materials & Coatings			Operating Segment Total			Corp. 1			Total
In millions
Three months ended Mar 31, 2025
Net sales			$	5,310		$	2,855		$	2,071		$	10,236		$	195		$	10,431
Depreciation and amortization			$	360		$	146		$	200		$	706		$	8		$	714
Capital expenditures			$	515		$	129		$	41		$	685		$	—		$	685
Operating EBIT			$	342		$	(128)		$	49		$	263		$	(33)		$	230
Three months ended Mar 31, 2024
Net sales			$	5,430		$	3,008		$	2,152		$	10,590		$	175		$	10,765
Depreciation and amortization			$	371		$	147		$	193		$	711		$	9		$	720
Capital expenditures			$	469		$	162		$	83		$	714		$	—		$	714
Operating EBIT			$	605		$	87		$	41		$	733		$	(59)		$	674

1.Corporate contains the reconciliation between the totals for the operating segments and the Company's totals. Net sales for Corporate are primarily related to insurance operations. Corporate expenses are primarily related to insurance operations, salaries and wages and non-business aligned environmental and legal costs.

Segment Asset Information

Segment Asset Information			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Materials & Coatings			Operating Segment Total			Corp.			Total
In millions
March 31, 2025
Total assets			$	28,966		$	11,830		$	11,370		$	52,166		$	5,333		$	57,499
Investments in nonconsolidated affiliates			$	740		$	348		$	142		$	1,230		$	45		$	1,275
December 31, 2024
Total assets			$	29,034		$	11,928		$	11,170		$	52,132		$	5,180		$	57,312
Investments in nonconsolidated affiliates			$	711		$	367		$	146		$	1,224		$	42		$	1,266

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 Mar 31, 2025
			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Materials & Coatings			Operating Segment Total			Corp.			Total
In millions
Restructuring, implementation and efficiency costs, and asset related charges - net 1			$	—		$	(1)		$	—		$	(1)		$	(50)		$	(51)
2025 Restructuring Program 2			—			—			—			—			(207)			(207)
Loss on early extinguishment of debt 3			—			—			—			—			(60)			(60)
Indemnification and other transaction related costs 4			—			—			—			—			(98)			(98)
Total			$	—		$	(1)		$	—		$	(1)		$	(415)		$	(416)

1.Includes restructuring charges and implementation and efficiency costs associated with the Company's 2023 Restructuring Program. Also includes impairment charges related to the write-down of certain manufacturing assets, partially offset by an asset related credit adjustment. See Note 4 for additional information.

2.Severance and related benefit costs associated with the Company's 2025 Restructuring Program. See Note 4 for additional information.

3.The Company retired outstanding long-term debt resulting in a loss on early extinguishment. See Note 9 for additional information.

4.Includes charges related to an arbitration settlement agreement for historical product claims from a divested business. See Note 10 for additional information.

Significant Items by Segment			Three Months Ended Mar 31, 2024
			Pack. & Spec. Plastics			Ind. Interm. & Infrast.			Perf. Materials & Coatings			Operating Segment Total			Corp.			Total
In millions
Restructuring, implementation and efficiency costs, and asset related charges - net 1			$	(37)		$	(8)		$	—		$	(45)		$	(46)		$	(91)
Total			$	(37)		$	(8)		$	—		$	(45)		$	(46)		$	(91)

1.Includes restructuring charges and implementation and efficiency costs associated with the Company's 2023 Restructuring Program. Also includes impairment charges related to the write-down of certain manufacturing assets.

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