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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2017: $99; 2016: $75) $ 5,848 $ 6,607
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2017: $111; 2016: $110) 4,991 4,666
Other 4,719 4,358
Inventories 8,210 7,363
Other current assets 872 665
Total current assets 24,640 23,659
Investments    
Investment in nonconsolidated affiliates 3,625 3,747
Other investments (investments carried at fair value - 2017: $2,010; 2016: $1,959) 3,001 2,969
Noncurrent receivables 841 708
Total investments 7,467 7,424
Property    
Property 58,359 57,438
Less accumulated depreciation 34,591 33,952
Net property (variable interest entities restricted - 2017: $960; 2016: $961) 23,768 23,486
Other Assets    
Goodwill 15,334 15,272
Other intangible assets (net of accumulated amortization - 2017: $4,508; 2016: $4,295) 5,928 6,026
Deferred income tax assets 3,116 3,079
Deferred charges and other assets 575 565
Total other assets 24,953 24,942
Total Assets 80,828 79,511
Current Liabilities    
Notes payable 383 272
Long-term debt due within one year 616 635
Accounts payable:    
Trade 4,810 4,519
Other 2,549 2,401
Income taxes payable 409 600
Dividends payable 558 508
Accrued and other current liabilities 3,868 3,669
Total current liabilities 13,193 12,604
Long-Term Debt (variable interest entities nonrecourse - 2017: $364; 2016: $330) 20,471 20,456
Other Noncurrent Liabilities    
Deferred income tax liabilities 934 923
Pension and other postretirement benefits - noncurrent 11,126 11,375
Asbestos-related liabilities - noncurrent 1,337 1,364
Other noncurrent obligations 5,433 5,560
Total other noncurrent liabilities 18,830 19,222
Stockholders’ Equity    
Common stock 3,107 3,107
Additional paid-in capital 4,137 4,262
Retained earnings 30,659 30,338
Accumulated other comprehensive loss (9,514) (9,822)
Unearned ESOP shares (203) (239)
Treasury stock at cost (1,126) (1,659)
The Dow Chemical Company’s stockholders’ equity 27,060 25,987
Noncontrolling interests 1,274 1,242
Total equity 28,334 27,229
Total Liabilities and Equity $ 80,828 $ 79,511