Dow Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Cash and cash equivalents	$ 2,988	$ 5,104
Trade (net of allowance for doubtful receivables - 2021: $54; 2020: $51)	6,841	5,090
Other Receivables	2,713	2,300
Inventories	7,372	5,701
Other current assets	934	889
Total current assets	20,848	19,084
Investment in nonconsolidated affiliates	2,045	1,327
Other investments (investments carried at fair value - 2021: $2,079; 2020: $1,674)	3,193	2,775
Noncurrent receivables	478	465
Total investments	5,716	4,567
Property	57,604	56,325
Less: Accumulated depreciation	37,049	36,086
Net property	20,555	20,239
Goodwill	8,764	8,908
Other intangible assets (net of accumulated amortization - 2021: $4,725; 2020: $4,428)	2,881	3,352
Operating lease right-of-use assets	1,412	1,856
Deferred income tax assets	1,358	2,215
Deferred charges and other assets	1,456	1,249
Total other assets	15,871	17,580
Total Assets	62,990	61,470
Notes payable	161	156
Long-term debt due within one year	231	460
Accounts Payable, Trade	5,577	3,763
Accounts Payable, Other	2,839	2,126
Operating lease liabilities - current	314	416
Income taxes payable	623	397
Accrued and other current liabilities	3,481	3,790
Total current liabilities	13,226	11,108
Long-Term Debt	14,280	16,491
Deferred income tax liabilities	506	405
Pension and other postretirement benefits - noncurrent	7,557	11,648
Asbestos-related liabilities - noncurrent	931	1,013
Operating lease liabilities - noncurrent	1,149	1,521
Other noncurrent obligations	6,602	6,279
Total other noncurrent liabilities	16,745	20,866
Common stock (authorized and issued 100 shares of $0.01 par value each)	8	8
Additional paid-in capital	8,151	7,595
Retained earnings	20,623	16,361
Accumulated other comprehensive loss	(8,977)	(10,855)
Unearned ESOP shares	(15)	(49)
Treasury stock at cost (2021: 29,011,573 shares; 2020: 12,803,303 shares)	(1,625)	(625)
Dow Inc.’s stockholders’ equity	18,165	12,435
Noncontrolling interests	574	570
Total equity	18,739	13,005
Total Liabilities and Equity	$ 62,990	$ 61,470