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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Current Assets      
Cash and cash equivalents (variable interest entities restricted - 2018: $71; 2017: $86) $ 2,724 $ 6,189 $ 6,607
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 2,974
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 20,161
Other Assets      
Goodwill 9,846 9,833 7,541
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)  
Dow Inc.’s stockholders’ equity 32,483 31,515 25,987
Noncontrolling interests 1,138 1,186 1,242
Total equity 33,621 32,701 $ 27,229
Total Liabilities and Equity $ 83,699 $ 85,852