TDCC Consolidated Balance Sheets Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current Assets
Cash and cash equivalents (variable interest entities restricted - 2019: $37; 2018: $71)	$ 2,367	$ 2,724
Marketable securities	21	100
Accounts and notes receivable:
Trade (net of allowance for doubtful receivables - 2019: $45; 2018: $42)	4,844	5,646
Other	2,711	3,389
Inventories	6,214	6,899
Other current assets	658	712
Assets of discontinued operations - current	0	19,900
Total current assets	16,815	39,370
Investments
Investment in nonconsolidated affiliates	1,404	3,320
Other investments (investments carried at fair value - 2019: $1,584; 2018: $1,699)	2,588	2,646
Noncurrent receivables	1,063	360
Total investments	5,055	6,326
Property
Property	54,910	53,984
Less accumulated depreciation	33,914	32,566
Net property (variable interest entities restricted - 2019: $330; 2018: $683)	20,996	21,418
Other Assets
Goodwill	8,796	9,846
Other intangible assets (net of accumulated amortization - 2019: $3,886; 2018: $3,379)	3,759	4,225
Operating lease right-of-use assets	2,072	0
Deferred income tax assets	2,213	1,779
Deferred charges and other assets	818	735
Total other assets	17,658	16,585
Total Assets	60,524	83,699
Current Liabilities
Notes payable	586	298
Long-term debt due within one year	435	338
Accounts payable:
Trade	3,889	4,456
Other	2,064	2,479
Operating lease liabilities - current	421	0
Income taxes payable	522	557
Accrued and other current liabilities	2,762	2,931
Liabilities of discontinued operations - current	0	4,488
Total current liabilities	10,679	15,547
Long-Term Debt (variable interest entities nonrecourse - 2019: $34; 2018: $75)	15,975	19,253
Other Noncurrent Liabilities
Deferred income tax liabilities	347	501
Pension and other postretirement benefits - noncurrent	10,083	8,926
Asbestos-related liabilities - noncurrent	1,060	1,142
Operating lease liabilities - noncurrent	1,739	0
Other noncurrent obligations	6,547	4,709
Total other noncurrent liabilities	19,776	15,278
Stockholders’ Equity
Common stock (authorized and issued 100 shares of $0.01 par value each)	8	0
Additional paid-in capital	7,325	7,042
Retained earnings	17,045	35,460
Accumulated other comprehensive loss	(10,246)	(9,885)
Unearned ESOP shares	(91)	(134)
The Dow Chemical Company’s stockholder's equity	13,541	32,483
Noncontrolling interests	553	1,138
Total equity	14,094	33,621
Total Liabilities and Equity	60,524	83,699
The Dow Chemical Company
Current Assets
Cash and cash equivalents (variable interest entities restricted - 2019: $37; 2018: $71)	2,367	2,724
Marketable securities	21	100
Accounts and notes receivable:
Other	2,716	3,389
Inventories	6,214	6,899
Other current assets	571	712
Assets of discontinued operations - current	0	19,900
Total current assets	16,733	39,370
Investments
Investment in nonconsolidated affiliates	1,404	3,320
Other investments (investments carried at fair value - 2019: $1,584; 2018: $1,699)	2,588	2,646
Noncurrent receivables	1,011	360
Total investments	5,003	6,326
Property
Property	54,910	53,984
Less accumulated depreciation	33,914	32,566
Other Assets
Goodwill	8,796	9,846
Other intangible assets (net of accumulated amortization - 2019: $3,886; 2018: $3,379)	3,759	4,225
Operating lease right-of-use assets	2,072	0
Deferred income tax assets	2,213	1,779
Deferred charges and other assets	818	735
Total other assets	17,658	16,585
Total Assets	60,390	83,699
Current Liabilities
Notes payable	586	298
Long-term debt due within one year	435	338
Accounts payable:
Trade	3,889	4,456
Other	2,064	2,479
Operating lease liabilities - current	421	0
Income taxes payable	522	557
Accrued and other current liabilities	2,233
Liabilities of discontinued operations - current	0	4,488
Total current liabilities	10,150	15,547
Long-Term Debt (variable interest entities nonrecourse - 2019: $34; 2018: $75)	15,975	19,253
Other Noncurrent Liabilities
Deferred income tax liabilities	347	501
Pension and other postretirement benefits - noncurrent	10,083	8,926
Asbestos-related liabilities - noncurrent	1,060	1,142
Operating lease liabilities - noncurrent	1,739	0
Other noncurrent obligations	6,174	4,709
Total other noncurrent liabilities	19,403	15,278
Stockholders’ Equity
Common stock (authorized and issued 100 shares of $0.01 par value each)	0	0
Additional paid-in capital	7,333	7,042
Retained earnings	17,313	35,460
Accumulated other comprehensive loss	(10,246)	(9,885)
Unearned ESOP shares	(91)	(134)
The Dow Chemical Company’s stockholder's equity	14,309	32,483
Noncontrolling interests	553	1,138
Total equity	14,862	33,621
Total Liabilities and Equity	$ 60,390	$ 83,699