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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2017: $87; 2016: $75) $ 6,218 $ 6,607
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2017: $123; 2016: $110) 5,307 4,666
Other 5,557 4,358
Inventories 8,163 7,363
Other current assets 690 665
Total current assets 25,935 23,659
Investments    
Investment in nonconsolidated affiliates 3,665 3,747
Other investments (investments carried at fair value - 2017: $1,999; 2016: $1,959) 2,985 2,969
Noncurrent receivables 755 708
Total investments 7,405 7,424
Property    
Property 59,573 57,438
Less accumulated depreciation 35,457 33,952
Net property (variable interest entities restricted - 2017: $942; 2016: $961) 24,116 23,486
Other Assets    
Goodwill 15,439 15,272
Other intangible assets (net of accumulated amortization - 2017: $4,708; 2016: $4,295) 5,812 6,026
Deferred income tax assets 2,922 3,079
Deferred charges and other assets 618 565
Total other assets 24,791 24,942
Total Assets 82,247 79,511
Current Liabilities    
Notes payable 480 272
Long-term debt due within one year 955 635
Accounts payable:    
Trade 4,623 4,519
Other 3,113 2,401
Income taxes payable 531 600
Dividends payable 559 508
Accrued and other current liabilities 3,168 3,669
Total current liabilities 13,429 12,604
Long-Term Debt (variable interest entities nonrecourse - 2017: $306; 2016: $330) 20,072 20,456
Other Noncurrent Liabilities    
Deferred income tax liabilities 916 923
Pension and other postretirement benefits - noncurrent 11,195 11,375
Asbestos-related liabilities - noncurrent 1,301 1,364
Other noncurrent obligations 5,745 5,560
Total other noncurrent liabilities 19,157 19,222
Stockholders’ Equity    
Common stock 3,107 3,107
Additional paid-in capital 4,202 4,262
Retained earnings 31,417 30,338
Accumulated other comprehensive loss (9,074) (9,822)
Unearned ESOP shares (198) (239)
Treasury stock at cost (1,033) (1,659)
The Dow Chemical Company’s stockholders’ equity 28,421 25,987
Noncontrolling interests 1,168 1,242
Total equity 29,589 27,229
Total Liabilities and Equity $ 82,247 $ 79,511