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Dow Consolidated Balance Sheets Statement - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Statement of Financial Position [Abstract]    
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 5,000,000,000 shares of $0.01 par value each; issued 2019: 749,025,762 shares; 2018: 100 shares) 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)
Treasury stock at cost (2019: 5,813,756 shares; 2018: zero shares) (305) 0
Dow Inc.’s stockholders’ equity 17,911 32,483
Noncontrolling interests 589 1,138
Total equity 18,500 33,621
Total Liabilities and Equity $ 64,889 $ 83,699