DOW INC
For the period ended Dec 31, 2024. Filed Feb 4, 2025.
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FY2024 · Filed Feb 4, 2025
DOW$31.48+1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| (In millions, except per share amounts) For the years ended Dec 31, | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | $42,964 | $44,622 | $56,902 |
| Cost of sales | 38,358 | 39,742 | 48,338 |
| Research and development expenses | 810 | 829 | 851 |
| Selling, general and administrative expenses | 1,581 | 1,627 | 1,675 |
| Amortization of intangibles | 310 | 324 | 336 |
| Restructuring and asset related charges - net | 103 | 528 | 118 |
| Equity in earnings (losses) of nonconsolidated affiliates | (6) | (119) | 268 |
| Sundry income (expense) - net | 415 | (280) | 727 |
| Interest income | 200 | 229 | 173 |
| Interest expense and amortization of debt discount | 811 | 746 | 662 |
| Income before income taxes | 1,600 | 656 | 6,090 |
| Provision (credit) for income taxes | 399 | (4) | 1,450 |
| Net income | 1,201 | 660 | 4,640 |
| Net income attributable to noncontrolling interests | 85 | 71 | 58 |
| Net income available for Dow Inc. common stockholders | $1,116 | $589 | $4,582 |
| Per common share data: | |||
| Earnings per common share - basic | $1.57 | $0.82 | $6.32 |
| Earnings per common share - diluted | $1.57 | $0.82 | $6.28 |
| Weighted-average common shares outstanding - basic | 703.8 | 705.7 | 721.0 |
| Weighted-average common shares outstanding - diluted | 705.1 | 709.0 | 725.6 |
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