Dow Chemical 2015 Annual Report Download - page 49

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39
Preferred Stock Dividends
Preferred stock dividends of $340 million were recognized in 2015, 2014 and 2013. These dividends related to the Company's
Cumulative Convertible Perpetual Preferred Stock, Series A. See Note 22 to the Consolidated Financial Statements for
additional information.
Net Income Available for Common Stockholders
Net income available for common stockholders was $7,345 million ($6.15 per share) in 2015, compared with $3,432 million
($2.87 per share) in 2014 and $4,447 million ($3.68 per share) in 2013.
Certain Items Impacting Results
The Company's management believes that measures of income adjusted to exclude certain items ("non-GAAP" financial
measures) provide relevant and meaningful information to investors about the ongoing operating results of the Company. Such
financial measures are not recognized in accordance with accounting principles generally accepted in the United States of
America ("U.S. GAAP") and should not be viewed as an alternative to U.S. GAAP financial measures of performance.