XML 28 R10.htm IDEA: XBRL DOCUMENT v3.19.2
TDCC Consolidated Balance Sheets Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2018: $71; 2017: $86) $ 2,724 $ 6,189
Marketable securities 100 4
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2018: $42; 2017: $59) 5,646 5,386
Other 3,389 4,208
Inventories 6,899 6,045
Other current assets 712 510
Assets of discontinued operations - current 19,900 5,549
Total current assets 39,370 27,891
Investments    
Investment in nonconsolidated affiliates 3,320 3,107
Other investments (investments carried at fair value - 2018: $1,699; 2017: $1,512) 2,646 2,507
Noncurrent receivables 360 543
Total investments 6,326 6,157
Property    
Property 53,984 52,809
Less accumulated depreciation 32,566 31,225
Net property (variable interest entities restricted - 2018: $683; 2017: $855) 21,418 21,584
Other Assets    
Goodwill 9,846 9,833
Other intangible assets (net of accumulated amortization - 2018: $3,379; 2017: $2,842) 4,225 4,729
Deferred income tax assets 1,779 1,114
Deferred charges and other assets 735 814
Assets of discontinued operations - noncurrent 0 13,730
Total other assets 16,585 30,220
Total Assets   85,852
Current Liabilities    
Notes payable 298 481
Long-term debt due within one year 338 748
Accounts payable:    
Trade 4,456 4,004
Other 2,479 2,463
Income taxes payable 557 487
Accrued and other current liabilities 2,931 3,389
Liabilities of discontinued operations - current 4,488 3,008
Total current liabilities   14,580
Long-Term Debt (variable interest entities nonrecourse - 2018: $75; 2017: $249) 19,253 19,757
Other Noncurrent Liabilities    
Deferred income tax liabilities 501 27
Pension and other postretirement benefits - noncurrent 8,926 10,494
Asbestos-related liabilities - noncurrent 1,142 1,237
Other noncurrent obligations 4,709 5,193
Liabilities of discontinued operations - noncurrent 0 1,863
Total other noncurrent liabilities 15,278 18,814
Stockholders’ Equity    
Common stock (authorized and issued 100 shares of $0.01 par value each) 0 0
Additional paid-in capital 7,042 6,553
Retained earnings 35,460 33,742
Accumulated other comprehensive loss (9,885) (8,591)
Unearned ESOP shares (134) (189)
The Dow Chemical Company’s stockholders’ equity 32,483 31,515
Noncontrolling interests 1,138 1,186
Total equity 33,621 32,701
Total Liabilities and Equity 83,699 85,852
The Dow Chemical Company [Domain]    
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2018: $71; 2017: $86) 2,724 6,189
Marketable securities 100 4
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2018: $42; 2017: $59) 5,646 5,386
Other 3,389 4,208
Inventories 6,899 6,045
Other current assets 712 510
Assets of discontinued operations - current 19,900 5,549
Total current assets 39,370 27,891
Investments    
Investment in nonconsolidated affiliates 3,320 3,107
Other investments (investments carried at fair value - 2018: $1,699; 2017: $1,512) 2,646 2,507
Noncurrent receivables 360 543
Total investments 6,326 6,157
Property    
Property 53,984 52,809
Less accumulated depreciation 32,566 31,225
Net property (variable interest entities restricted - 2018: $683; 2017: $855) 21,418 21,584
Other Assets    
Goodwill 9,846 9,833
Other intangible assets (net of accumulated amortization - 2018: $3,379; 2017: $2,842) 4,225 4,729
Deferred income tax assets 1,779 1,114
Deferred charges and other assets 735 814
Assets of discontinued operations - noncurrent 0 13,730
Total other assets 16,585 30,220
Total Assets 83,699 85,852
Current Liabilities    
Notes payable 298 481
Long-term debt due within one year 338 748
Accounts payable:    
Trade 4,456 4,004
Other 2,479 2,463
Income taxes payable 557 487
Accrued and other current liabilities 2,931 3,389
Liabilities of discontinued operations - current 4,488 3,008
Total current liabilities 15,547 14,580
Long-Term Debt (variable interest entities nonrecourse - 2018: $75; 2017: $249) 19,253 19,757
Other Noncurrent Liabilities    
Deferred income tax liabilities 501 27
Pension and other postretirement benefits - noncurrent 8,926 10,494
Asbestos-related liabilities - noncurrent 1,142 1,237
Other noncurrent obligations 4,709 5,193
Liabilities of discontinued operations - noncurrent 0 1,863
Total other noncurrent liabilities 15,278 18,814
Stockholders’ Equity    
Common stock (authorized and issued 100 shares of $0.01 par value each) 0 0
Additional paid-in capital 7,042 6,553
Retained earnings 35,460 33,742
Accumulated other comprehensive loss (9,885) (8,591)
Unearned ESOP shares (134) (189)
The Dow Chemical Company’s stockholders’ equity 32,483 31,515
Noncontrolling interests 1,138 1,186
Total equity 33,621 32,701
Total Liabilities and Equity $ 83,699 $ 85,852