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Dow Consolidated Balance Sheets Statement - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Statement of Financial Position [Abstract]    
Cash and cash equivalents (variable interest entities restricted - 2019: $0; 2018: $71) $ 2,823 $ 2,724
Marketable securities 11 100
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2019: $49; 2018: $42) 5,125 5,646
Other 3,683 3,389
Inventories 6,416 6,899
Other current assets 891 712
Assets of discontinued operations - current 0 19,900
Total current assets 18,949 39,370
Investments    
Investment in nonconsolidated affiliates 3,007 3,320
Other investments (investments carried at fair value - 2019: $0; 2018: $1,699) 2,737 2,646
Noncurrent receivables 881 360
Total investments 6,625 6,326
Property    
Property 54,890 53,984
Less accumulated depreciation 33,887 32,566
Net property (variable interest entities restricted - 2019: $0; 2018: $683) 21,003 21,418
Other Assets    
Goodwill 9,785 9,846
Other intangible assets (net of accumulated amortization - 2019: $0; 2018: $3,379) 3,859 4,225
Operating lease right-of-use assets 2,130 0
Deferred income tax assets 1,765 1,779
Deferred charges and other assets 821 735
Total other assets 18,360 16,585
Total Assets 64,937 83,699
Current Liabilities    
Notes payable 517 298
Long-term debt due within one year 378 338
Accounts payable:    
Trade 3,855 4,456
Other 2,025 2,479
Operating lease liabilities - current 418 0
Income taxes payable 490 557
Accrued and other current liabilities 3,518 2,931
Liabilities of discontinued operations - current 0 4,488
Total current liabilities 11,201 15,547
Long-Term Debt (variable interest entities nonrecourse - 2019: $0; 2018: $75) 17,213 19,253
Other Noncurrent Liabilities    
Deferred income tax liabilities 380 501
Pension and other postretirement benefits - noncurrent 8,447 8,926
Asbestos-related liabilities - noncurrent 1,087 1,142
Operating lease liabilities - noncurrent 1,735 0
Other noncurrent obligations 6,888 4,709
Total other noncurrent liabilities 18,537 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 7,239 7,042
Retained earnings 19,873 35,460
Accumulated other comprehensive loss (9,219) (9,885)
Unearned ESOP shares (95) (134)
Treasury stock at cost (2019: 0 shares; 2018: zero shares) (406) 0
Dow Inc.’s stockholders’ equity 17,399 32,483
Noncontrolling interests 587 1,138
Total equity 17,986 33,621
Total Liabilities and Equity $ 64,937 $ 83,699