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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2015: $212; 2014: $190) $ 6,224 $ 5,654
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2015: $114; 2014: $110) 4,957 4,685
Other 4,072 4,687
Inventories 8,061 8,101
Deferred income tax assets - current 982 812
Other current assets 468 328
Total current assets 24,764 24,267
Investments    
Investment in nonconsolidated affiliates 4,272 4,201
Other investments (investments carried at fair value - 2015: $1,999; 2014: $2,009) 2,361 2,439
Noncurrent receivables 564 620
Total investments 7,197 7,260
Property    
Property 55,280 55,230
Less accumulated depreciation 36,700 37,179
Net property (variable interest entities restricted - 2015: $2,657; 2014: $2,726) 18,580 18,051
Other Assets    
Goodwill 12,358 12,632
Other intangible assets (net of accumulated amortization - 2015: $3,887; 2014: $3,737) 3,971 3,768
Deferred income tax assets - noncurrent 1,772 2,135
Asbestos-related insurance receivables - noncurrent 54 62
Deferred charges and other assets 638 621
Total other assets 18,793 19,218
Total Assets 69,334 68,796
Current Liabilities    
Notes payable 436 551
Long-term debt due within one year 1,479 394
Accounts payable:    
Trade 4,492 4,481
Other 2,199 2,299
Income taxes payable 664 361
Deferred income tax liabilities - current 131 105
Dividends payable 565 563
Accrued and other current liabilities 2,799 2,839
Total current liabilities 12,765 11,593
Long-Term Debt (variable interest entities nonrecourse - 2015: $1,123; 2014: $1,229) 17,833 18,838
Other Noncurrent Liabilities    
Deferred income tax liabilities - noncurrent 557 622
Pension and other postretirement benefits - noncurrent 9,598 10,459
Asbestos-related liabilities - noncurrent 391 438
Other noncurrent obligations 3,423 3,290
Total other noncurrent liabilities 13,969 14,809
Redeemable Noncontrolling Interests 316 202
Stockholders’ Equity    
Preferred stock, series A 4,000 4,000
Common stock 3,107 3,107
Additional paid-in capital 4,839 4,846
Retained earnings 24,606 23,045
Accumulated other comprehensive loss (8,410) (8,017)
Unearned ESOP shares (284) (325)
Treasury stock at cost (4,246) (4,233)
The Dow Chemical Company’s stockholders’ equity 23,612 22,423
Non-redeemable noncontrolling interests 839 931
Total equity 24,451 23,354
Total Liabilities and Equity $ 69,334 $ 68,796