Dow Consolidated Balance Sheets Statement - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Cash and Cash Equivalents, at Carrying Value	$ 3,319	$ 3,886
Trade (net of allowance for doubtful receivables - 2023: $110; 2022: $110)	5,740	5,611
Other	2,072	2,144
Inventories	6,825	6,988
Other current assets	1,400	1,848
Total current assets	19,356	20,477
Investment in nonconsolidated affiliates	1,508	1,589
Other investments (investments carried at fair value - 2023: $1,806; 2022: $1,757)	2,815	2,793
Noncurrent receivables	627	666
Total investments	4,950	5,048
Property	58,679	58,055
Less: Accumulated depreciation	38,356	37,613
Net property	20,323	20,442
Goodwill	8,653	8,644
Other intangible assets (net of accumulated amortization - 2023: $5,114; 2022: $5,022)	2,336	2,442
Operating lease right-of-use assets	1,257	1,227
Deferred income tax assets	995	960
Deferred charges and other assets	1,446	1,363
Total other assets	14,687	14,636
Total Assets	59,316	60,603
Notes payable	278	362
Long-term debt due within one year	247	362
Accounts payable - Trade	4,575	4,940
Accounts payable - Other	1,985	2,276
Operating lease liabilities - current	304	287
Income taxes payable	335	334
Accrued Liabilities, Current	2,765	2,770
Total current liabilities	10,489	11,331
Long-Term Debt	14,739	14,698
Deferred income tax liabilities	744	1,110
Pension and other postretirement benefits - noncurrent	3,799	3,808
Asbestos-related liabilities - noncurrent	844	857
Operating lease liabilities - noncurrent	1,007	997
Other noncurrent obligations	6,979	6,555
Total other noncurrent liabilities	13,373	13,327
Common stock (authorized 5,000,000,000 shares of $0.01 par value each; issued 2023: 775,463,877 shares; 2022: 771,678,525 shares)	8	8
Additional Paid in Capital, Common Stock	8,607	8,540
Retained earnings	22,584	23,180
Accumulated other comprehensive loss	(7,065)	(7,139)
Treasury stock at cost (2023: 68,149,070 shares; 2022: 66,798,605 shares)	(3,953)	(3,871)
Dow Inc.’s stockholders’ equity	20,181	20,718
Noncontrolling interests	534	529
Total equity	20,715	21,247
Total Liabilities and Equity	$ 59,316	$ 60,603