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Proposed Merger with Dow Chemical | 6 Months Ended
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Jun. 30, 2016
Proposed Merger with Dow Chemical [Abstract] |
Proposed Merger with Dow Chemical | Proposed Merger with Dow Chemical On December 11, 2015, DuPont and The Dow Chemical Company (Dow) announced entry into an Agreement and Plan of Merger (the Merger Agreement), under which the companies will combine in an all-stock merger of equals. The combined company will be named DowDuPont. Following the consummation of the merger, DuPont and Dow intend to pursue, subject to the receipt of approval by the board of directors of DowDuPont, the separation of the combined company’s agriculture business, specialty products business and material science business through a series of tax-efficient transactions (collectively, the Business Separations.) Additional information about the Merger Agreement is set forth in the company’s Current Report on Form 8-K filed with the SEC on December 11, 2015 and the company’s 2015 Annual Report filed with the SEC on February 4, 2016. In connection with the proposed transaction, DowDuPont Inc. filed with the U.S. Securities and Exchange Commission (SEC), and on June 9, 2016, the SEC declared effective, a registration statement on Form S-4 (File No. 333-209869) (as amended, the Registration Statement). The Registration Statement constitutes a prospectus of DowDuPont and a joint proxy statement of Dow and DuPont. The joint proxy statement relates to the separate special meetings of the companies’ respective common stock shareholders of record as of the close of business on June 2, 2016, to adopt the Merger Agreement and related matters. DuPont's special meeting of stockholders was held on July 20, 2016, which resulted in a vote for adoption of the Merger Agreement and approval of related matters. The companies anticipate that the merger will close and become effective, in the second half of 2016, subject to regulatory approvals and customary closing conditions. During the three and six months ended June 30, 2016, the company incurred $76 and $100, respectively, of costs in connection with the planned merger with Dow. These costs were recorded in selling, general and administrative expenses in the company's interim Consolidated Income Statements and primarily include financial advisory, legal, accounting, consulting and other advisory fees and expenses.

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