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2015 Annual Report 1
1310 11 12 14 15
Corporate: $294
Performance Materials
& Chemicals
$11, 973
Performance Plastics
$18,357
Infrastructure Solutions
$7,394
Consumer Solutions
$4,379
Agricultural Sciences
$6,381
Total Sales: $48,778
1310 11 12 14 15 13 14 1510 11 12
Financial Highlights
In millions, except per share amounts 2015 2014
Net Sales $ 48,778 $ 58,167
Net Income Available for Common Shareholders $ 7,345 $ 3,432
Net Income Available for Common Shareholders, Excluding Certain Items(1) $ 4,054 $ 3,709
Operating EBITDA(1) $ 9,596 $ 9,337
Earnings per Share – Diluted $ 6.15 $ 2.87
Operating Earnings per Share – Diluted(1) $ 3.47 $ 3.11
Dividends Declared per Share $ 1.72 $ 1.53
2015 SALES BY OPERATING SEGMENT
(dollars in millions)
NET INCOME AVAILABLE FOR
COMMON SHAREHOLDERS
(dollars in millions)
NET SALES
(dollars in millions)
PER SHARE DATA
(dollars)
(1) For a reconciliation to the most directly comparable U.S. GAAP measure, see supplemental information located in the Appendix, or visit
 
Certain statements in this report, other than purely historical information, including estimates, projections, statements relating to business plans, objectives, and expected operating results,
and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of
the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Forward-looking statements may appear throughout this report. These forward-looking statements

continue,” “will likely result” and similar expressions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may
cause actual results to differ materially from the forward-looking statements. The Dow Chemical Company undertakes no obligation to update or revise any forward-looking statements whether
because of new information, future events or otherwise, except as required by securities and other applicable laws. References to “Dow” or the “Company” mean The Dow Chemical Company
and its consolidated subsidiaries, unless otherwise expressly noted.
Excluding Certain Items(1)
From Continuing Operations Earnings – Diluted
Dividends Declared
Operating Earnings – Diluted (1)
2015 Annual Report 1