Dow Consolidated Balance Sheets Statement - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Cash and Cash Equivalents, at Carrying Value	$ 2,367	$ 2,988
Trade (net of allowance for doubtful receivables - 2022: $212; 2021: $54)	7,474	6,841
Other	2,243	2,713
Inventories	8,225	7,372
Other current assets	1,460	934
Total current assets	21,769	20,848
Investment in nonconsolidated affiliates	1,862	2,045
Other investments (investments carried at fair value - 2022: $1,753; 2021: $2,079)	2,782	3,193
Noncurrent receivables	537	478
Total investments	5,181	5,716
Property	57,180	57,604
Less: Accumulated depreciation	37,020	37,049
Net property	20,160	20,555
Goodwill	8,605	8,764
Other intangible assets (net of accumulated amortization - 2022: $4,833; 2021: $4,725)	2,616	2,881
Operating lease right-of-use assets	1,272	1,412
Deferred income tax assets	1,118	1,358
Deferred charges and other assets	1,422	1,456
Total other assets	15,033	15,871
Total Assets	62,143	62,990
Notes payable	295	161
Long-term debt due within one year	361	231
Accounts payable - Trade	5,693	5,577
Accounts payable - Other	2,824	2,839
Operating lease liabilities - current	290	314
Income taxes payable	462	623
Accrued Liabilities, Current	3,384	3,481
Total current liabilities	13,309	13,226
Long-Term Debt	13,065	14,280
Deferred income tax liabilities	752	506
Pension and other postretirement benefits - noncurrent	6,934	7,557
Asbestos-related liabilities - noncurrent	887	931
Operating lease liabilities - noncurrent	1,043	1,149
Other noncurrent obligations	6,646	6,602
Total other noncurrent liabilities	16,262	16,745
Common stock (authorized 5,000,000,000 shares of $0.01 par value each; issued 2022: 768,558,885 shares; 2021: 764,226,882 shares)	8	8
Additional Paid in Capital, Common Stock	8,343	8,151
Retained earnings	22,827	20,623
Accumulated other comprehensive loss	(9,204)	(8,977)
Unearned ESOP shares	0	(15)
Treasury stock at cost (2022: 50,391,408 shares; 2021: 29,011,573 shares)	(3,001)	(1,625)
Dow Inc.’s stockholders’ equity	18,973	18,165
Noncontrolling interests	534	574
Total equity	19,507	18,739
Total Liabilities and Equity	$ 62,143	$ 62,990