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TDCC Consolidated Balance Sheets (Statement) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Cash and cash equivalents (variable interest entities restricted - 2021: $37; 2020: $26) $ 4,133 $ 5,104
Trade (net of allowance for doubtful receivables - 2021: $55; 2020: $51) 5,576 4,839
Other 2,689 2,551
Inventories 6,157 5,701
Other current assets 608 889
Total current assets 19,163 19,084
Investment in nonconsolidated affiliates 1,620 1,327
Other investments (investments carried at fair value - 2021: $1,529; 2020: $1,674) 2,436 2,775
Noncurrent receivables 449 465
Total investments 4,505 4,567
Property 56,009 56,325
Less: Accumulated depreciation 36,112 36,086
Net property (variable interest entities restricted - 2021: $216; 2020: $232) 19,897 20,239
Goodwill 8,819 8,908
Other intangible assets (net of accumulated amortization - 2021: $4,521; 2020: $4,428) 3,199 3,352
Operating lease right-of-use assets 1,810 1,856
Deferred income tax assets 1,778 2,215
Deferred charges and other assets 1,266 1,249
Total other assets 16,872 17,580
Total Assets 60,437 61,470
Notes payable 152 156
Long-term debt due within one year 492 460
Trade 4,200 3,763
Other 2,369 2,126
Operating lease liabilities - current 405 416
Income taxes payable 305 397
Accrued and other current liabilities 3,431 3,790
Total current liabilities 11,354 11,108
Long-Term Debt (variable interest entities nonrecourse - 2021: $6; 2020: $6) 16,200 16,491
Deferred income tax liabilities 485 405
Pension and other postretirement benefits - noncurrent 9,032 11,648
Asbestos-related liabilities - noncurrent 995 1,013
Operating lease liabilities - noncurrent 1,477 1,521
Other noncurrent obligations 6,331 6,279
Total other noncurrent liabilities 18,320 20,866
Common stock (authorized and issued 100 shares of $0.01 par value each) 8 8
Additional Paid in Capital, Common Stock 7,743 7,595
Retained earnings 16,829 16,361
Accumulated other comprehensive loss (9,913) (10,855)
Unearned ESOP shares (39) (49)
Dow Inc.’s stockholders’ equity 14,003 12,435
Noncontrolling interests 560 570
Total equity 14,563 13,005
Total Liabilities and Equity 60,437 61,470
The Dow Chemical Company [Domain]    
Cash and cash equivalents (variable interest entities restricted - 2021: $37; 2020: $26) 4,133 5,104
Trade (net of allowance for doubtful receivables - 2021: $55; 2020: $51) 5,576 4,839
Other 2,689 2,553
Inventories 6,157 5,701
Other current assets 561 801
Total current assets 19,116 18,998
Investment in nonconsolidated affiliates 1,620 1,327
Other investments (investments carried at fair value - 2021: $1,529; 2020: $1,674) 2,436 2,775
Noncurrent receivables 412 426
Total investments 4,468 4,528
Property 56,009 56,325
Less: Accumulated depreciation 36,112 36,086
Net property (variable interest entities restricted - 2021: $216; 2020: $232) 19,897 20,239
Goodwill 8,819 8,908
Other intangible assets (net of accumulated amortization - 2021: $4,521; 2020: $4,428) 3,199 3,352
Operating lease right-of-use assets 1,810 1,856
Deferred income tax assets 1,778 2,215
Deferred charges and other assets 1,265 1,249
Total other assets 16,871 17,580
Total Assets 60,352 61,345
Notes payable 152 156
Long-term debt due within one year 492 460
Trade 4,200 3,763
Other 2,369 2,126
Operating lease liabilities - current 405 416
Income taxes payable 305 397
Accrued and other current liabilities 3,120 3,256
Total current liabilities 11,043 10,574
Long-Term Debt (variable interest entities nonrecourse - 2021: $6; 2020: $6) 16,200 16,491
Deferred income tax liabilities 485 405
Pension and other postretirement benefits - noncurrent 9,032 11,648
Asbestos-related liabilities - noncurrent 995 1,013
Operating lease liabilities - noncurrent 1,477 1,521
Other noncurrent obligations 6,184 6,124
Total other noncurrent liabilities 18,173 20,711
Common stock (authorized and issued 100 shares of $0.01 par value each) 0 0
Additional Paid in Capital, Common Stock 7,751 7,603
Retained earnings 16,577 16,300
Accumulated other comprehensive loss (9,913) (10,855)
Unearned ESOP shares (39) (49)
Dow Inc.’s stockholders’ equity 14,376 12,999
Noncontrolling interests 560 570
Total equity 14,936 13,569
Total Liabilities and Equity $ 60,352 $ 61,345