Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2011		Dec. 31, 2010
Current Assets
Cash and cash equivalents (variable interest entities restricted - 2011: $170; 2010: $145)	$ 5,444		$ 7,039
Marketable securities and interest-bearing deposits	2		0
Accounts and notes receivable:
Trade (net of allowance for doubtful receivables - 2011: $121; 2010: $128)	4,900		4,616
Other	4,726		4,428
Inventories	7,577		7,087
Deferred income tax assets current	471		611
Other current assets	302		349
Total current assets	23,422		24,130
Investments
Investment in nonconsolidated affiliates	3,405		3,453
Other investments (investments carried at fair value - 2011: $2,008; 2010: $2,064)	2,508		2,542
Noncurrent receivables	1,144		388
Total investments	7,057		6,383
Property
Property	52,216		51,648
Less accumulated depreciation	34,917		33,980
Net property (variable interest entities restricted - 2011: $2,169; 2010: $1,388)	17,299	[1]	17,668	[1]
Other Assets
Goodwill	12,930		12,967
Other intangible assets (net of accumulated amortization - 2011: $2,349; 2010: $1,805)	5,061		5,530
Deferred income tax assets - noncurrent	2,559		2,079
Asbestos-related insurance receivables - noncurrent	172		220
Deferred charges and other assets	724		611
Total other assets	21,446		21,407
Total Assets	69,224		69,588
Current Liabilities
Notes payable	541		1,467
Long-term debt due within one year	2,749		1,755
Accounts payable:
Trade	4,778		4,356
Other	2,216		2,249
Income taxes payable	382		349
Deferred income tax liabilities - current	129		105
Dividends payable	376		257
Accrued and other current liabilities	2,463		3,358
Total current liabilities	13,634		13,896
Long-Term Debt (variable interest entities nonrecourse - 2011: $1,138; 2010: $167)	18,310		20,605
Other Noncurrent Liabilities
Deferred income tax liabilities - noncurrent	1,091		1,295
Pension and other postretirement benefits - noncurrent	9,034		7,492
Asbestos-related liabilities - noncurrent	608		663
Other noncurrent obligations	3,109		2,995
Total other noncurrent liabilities	13,842		12,445
Redeemable Noncontrolling Interest	147		0
Stockholders' Equity
Preferred stock, series A ($1.00 par, $1,000 liquidation preference, 4,000,000 shares)	4,000		4,000
Common stock (authorized 1,500,000,000 shares of $2.50 par value each;issued 2011: 1,184,562,287 shares; 2010: 1,172,354,054 shares)	2,961		2,931
Additional paid-in capital	2,663		2,286
Retained earnings	19,087		17,736
Accumulated other comprehensive loss	(5,996)		(4,399)
Unearned ESOP shares	(434)		(476)
Treasury stock at cost (2011: zero shares; 2010: 5,137,039 shares)	0		(239)
The Dow Chemical Company's stockholders' equity	22,281		21,839
Noncontrolling interests	1,010		803
Total equity	23,291		22,642
Total Liabilities and Equity	$ 69,224		$ 69,588

[1] Long-lived assets in Germany represented 8 percent of the total at December 31, 2011, 9 percent of the total at December 31, 2010 and 11 percent of the total at December 31, 2009.