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Midas Edge

DOW INC

For the period ended Sep 30, 2024. Filed Oct 25, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 25, 2024

DOW$30.96-1.4%Stored close · as of Nov 9, 2026

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Contents

Nonconsolidated Affiliates

NOTE 8 –NONCONSOLIDATED AFFILIATES

For additional information on the Company’s nonconsolidated affiliates, see Note 10 to the Consolidated Financial Statements included in the 2023 10-K.

The Company's investments in companies accounted for using the equity method ("nonconsolidated affiliates"), by classification in the consolidated balance sheets are shown in the following table:

Investments in Nonconsolidated AffiliatesSep 30, 2024Dec 31, 2023
In millions
Investment in nonconsolidated affiliates$1,303$1,267
Other noncurrent obligations(488)(229)
Net investment in nonconsolidated affiliates$815$1,038

At September 30, 2024, the Company had a negative investment balance in Sadara Chemical Company of $420 million included in "Other noncurrent obligations" (negative $128 million at December 31, 2023) in the consolidated balance sheets. The negative investment in Sadara Chemical Company at September 30, 2024 is due to equity losses generated during the first nine months of 2024 driven by the impact of challenging macroeconomic conditions.

At September 30, 2024, the Company had a negative investment balance in EQUATE Petrochemical Company K.S.C.C of $68 million included in "Other noncurrent obligations" (negative $101 million at December 31, 2023) in the consolidated balance sheets. The reduction in the negative investment was driven by improved results in the first nine months of 2024.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.