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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2017: $107; 2016: $75) $ 6,188 $ 6,607
Marketable securities 4 0
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2017: $117; 2016: $110) 7,338 4,666
Other 4,711 4,312
Inventories 8,376 7,363
Other current assets 627 711
Total current assets 27,244 23,659
Investments    
Investment in nonconsolidated affiliates 3,742 3,747
Other investments (investments carried at fair value - 2017: $1,512; 2016: $1,959) 2,510 2,969
Noncurrent receivables 594 708
Total investments 6,846 7,424
Property    
Property 60,426 57,438
Less accumulated depreciation 36,614 33,952
Net property (variable interest entities restricted - 2017: $907; 2016: $961) 23,812 23,486
Other Assets    
Goodwill 13,938 15,272
Other intangible assets (net of accumulated amortization - 2017: $5,161; 2016: $4,295) 5,549 6,026
Deferred income tax assets 1,722 3,079
Deferred charges and other assets 829 565
Total other assets 22,038 24,942
Total Assets 79,940 79,511
Current Liabilities    
Notes payable 484 272
Long-term debt due within one year 752 635
Accounts payable:    
Trade 5,360 4,519
Other 3,062 2,097
Income taxes payable 694 600
Accrued and other current liabilities 4,025 4,481
Total current liabilities 14,377 12,604
Long-Term Debt (variable interest entities nonrecourse - 2017: $249; 2016: $330) 19,765 20,456
Other Noncurrent Liabilities    
Deferred income tax liabilities 764 923
Pension and other postretirement benefits - noncurrent 10,794 11,375
Asbestos-related liabilities - noncurrent 1,237 1,364
Other noncurrent obligations 5,994 5,560
Total other noncurrent liabilities 18,789 19,222
Stockholders' Equity    
Common stock (2017: authorized and issued 100 shares of $0.01 par value each; 2016: authorized 1,500,000,000 shares of $2.50 par value each; issued: 1,242,794,836 shares) 0 3,107
Additional paid-in capital 6,553 4,262
Retained earnings 28,050 30,338
Accumulated other comprehensive loss (8,591) (9,822)
Unearned ESOP shares (189) (239)
Treasury stock at cost (2017: zero shares; 2016: 31,661,501 shares) 0 (1,659)
The Dow Chemical Company's stockholders' equity 25,823 25,987
Noncontrolling interests 1,186 1,242
Total equity 27,009 27,229
Total Liabilities and Equity $ 79,940 $ 79,511