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Dow Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 3,816 $ 2,189
Trade (net of allowance for doubtful receivables - 2025: $59; 2024: $95) 4,762 4,756
Other Receivables 1,876 2,108
Inventories 6,595 6,544
Other current assets 1,013 993
Total current assets (variable interest entities restricted - 2025: $228; 2024: $55) 18,062 16,590
Investment in nonconsolidated affiliates 1,264 1,266
Other investments (investments carried at fair value - 2025: $2,212; 2024: $2,047) 3,017 3,033
Noncurrent receivables 309 380
Total investments 4,590 4,679
Property 65,863 62,121
Less: Accumulated depreciation 43,613 40,117
Net property 22,250 22,004
Goodwill 7,978 8,565
Other intangible assets (net of accumulated amortization - 2025: $5,727; 2024: $5,394) 1,486 1,721
Operating lease right-of-use assets 1,356 1,268
Deferred income tax assets 1,511 1,257
Deferred charges and other assets 1,305 1,228
Total other assets (variable interest entities restricted - 2025: $226; 2024: $15) 13,636 14,039
Total Assets 58,538 57,312
Notes payable 90 135
Long-term debt due within one year 222 497
Accounts Payable, Trade 4,151 4,847
Accounts Payable, Other 1,394 1,694
Operating lease liabilities - current 340 318
Income taxes payable 337 276
Accrued and other current liabilities 2,649 2,521
Total current liabilities (variable interest entities restricted - 2025: $438; 2024: $24) 9,183 10,288
Long-Term Debt (variable interest entities restricted - 2025: $190; 2024: $—) 17,849 15,711
Deferred income tax liabilities 364 392
Pension and other postretirement benefits - noncurrent 4,694 4,736
Asbestos-related liabilities - noncurrent 628 713
Operating lease liabilities - noncurrent 1,097 984
Other noncurrent obligations 7,201 6,637
Total other noncurrent liabilities (variable interest entities restricted - 2025: $364; 2024: $13) 13,984 13,462
Common stock (authorized and issued 100 shares of $0.01 par value each) 8 8
Additional paid-in capital 11,112 9,203
Retained earnings 16,781 20,909
Accumulated other comprehensive loss (7,660) (8,110)
Treasury stock at cost (2025: 73,065,152 shares; 2024: 80,859,145 shares) (4,233) (4,655)
Dow Inc.’s stockholders’ equity 16,008 17,355
Noncontrolling interests 1,514 496
Total equity 17,522 17,851
Total Liabilities and Equity $ 58,538 $ 57,312