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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2019: $26; 2018: $71) $ 2,446 $ 2,724
Marketable securities 20 100
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2019: $40; 2018: $42) 5,661 5,646
Other 2,908 3,389
Inventories 6,841 6,899
Other current assets 761 712
Assets of discontinued operations - current 0 19,900
Total current assets 18,637 39,370
Investments    
Investment in nonconsolidated affiliates 2,968 3,320
Other investments (investments carried at fair value - 2019: $1,688; 2018: $1,699) 2,558 2,646
Noncurrent receivables 785 360
Total investments 6,311 6,326
Property    
Property 54,937 53,984
Less accumulated depreciation 33,687 32,566
Net property (variable interest entities restricted - 2019: $657; 2018: $683) 21,250 21,418
Other Assets    
Goodwill 9,848 9,846
Other intangible assets (net of accumulated amortization - 2019: $3,657; 2018: $3,379) 4,000 4,225
Operating lease right-of-use assets 2,183 0
Deferred income tax assets 1,857 1,779
Deferred charges and other assets 803 735
Total other assets 18,691 16,585
Total Assets 64,889 83,699
Current Liabilities    
Notes payable 544 298
Long-term debt due within one year 297 338
Accounts payable:    
Trade 4,188 4,456
Other 2,179 2,479
Operating lease liabilities - current 421 0
Income taxes payable 370 557
Accrued and other current liabilities 3,606 2,931
Liabilities of discontinued operations - current 0 4,488
Total current liabilities 11,605 15,547
Long-Term Debt (variable interest entities nonrecourse - 2019: $45; 2018: $75) 17,155 19,253
Other Noncurrent Liabilities    
Deferred income tax liabilities 500 501
Pension and other postretirement benefits - noncurrent 8,674 8,926
Asbestos-related liabilities - noncurrent 1,113 1,142
Operating lease liabilities - noncurrent 1,779 0
Other noncurrent obligations 5,563 4,709
Total other noncurrent liabilities 17,629 15,278
Stockholder's Equity    
Common stock (authorized and issued 100 shares of $0.01 par value each) 7 0
Additional paid-in capital 7,186 7,042
Retained earnings 20,110 35,460
Accumulated other comprehensive loss (8,988) (9,885)
Unearned ESOP shares (99) (134)
The Dow Chemical Company’s stockholder's equity 17,911 32,483
Noncontrolling interests 589 1,138
Total equity 18,500 33,621
Total Liabilities and Equity 64,889 83,699
The Dow Chemical Company [Domain]    
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2019: $26; 2018: $71) 2,446 2,724
Marketable securities 20 100
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2019: $40; 2018: $42) 5,661 5,646
Other 2,912 3,389
Inventories 6,841 6,899
Other current assets 588 712
Assets of discontinued operations - current 0 19,900
Total current assets 18,468 39,370
Investments    
Investment in nonconsolidated affiliates 2,968 3,320
Other investments (investments carried at fair value - 2019: $1,688; 2018: $1,699) 2,558 2,646
Noncurrent receivables 771 360
Total investments 6,297 6,326
Property    
Property 54,937 53,984
Less accumulated depreciation 33,687 32,566
Net property (variable interest entities restricted - 2019: $657; 2018: $683) 21,250 21,418
Other Assets    
Goodwill 9,848 9,846
Other intangible assets (net of accumulated amortization - 2019: $3,657; 2018: $3,379) 4,000 4,225
Operating lease right-of-use assets 2,183 0
Deferred income tax assets 1,857 1,779
Deferred charges and other assets 801 735
Total other assets 18,689 16,585
Total Assets 64,704 83,699
Current Liabilities    
Notes payable 1,691 298
Long-term debt due within one year 297 338
Accounts payable:    
Trade 4,187 4,456
Other 2,179 2,479
Operating lease liabilities - current 421 0
Income taxes payable 370 557
Accrued and other current liabilities 3,072 2,931
Liabilities of discontinued operations - current 0 4,488
Total current liabilities 12,217 15,547
Long-Term Debt (variable interest entities nonrecourse - 2019: $45; 2018: $75) 17,155 19,253
Other Noncurrent Liabilities    
Deferred income tax liabilities 500 501
Pension and other postretirement benefits - noncurrent 8,674 8,926
Asbestos-related liabilities - noncurrent 1,113 1,142
Operating lease liabilities - noncurrent 1,779 0
Other noncurrent obligations 4,997 4,709
Total other noncurrent liabilities 17,063 15,278
Stockholder's Equity    
Common stock (authorized and issued 100 shares of $0.01 par value each) 0 0
Additional paid-in capital 7,192 7,042
Retained earnings 19,575 35,460
Accumulated other comprehensive loss (8,988) (9,885)
Unearned ESOP shares (99) (134)
The Dow Chemical Company’s stockholder's equity 17,680 32,483
Noncontrolling interests 589 1,138
Total equity 18,269 33,621
Total Liabilities and Equity $ 64,704 $ 83,699