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Dow Consolidated Balance Sheets Statement - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Cash and Cash Equivalents $ 2,924 $ 3,886
Trade (net of allowance for doubtful receivables - 2023: $105; 2022: $110) 5,539 5,611
Other 2,119 2,144
Inventories 6,487 6,988
Other current assets 1,480 1,848
Total current assets 18,549 20,477
Investment in nonconsolidated affiliates 1,335 1,589
Other investments (investments carried at fair value - 2023: $1,802; 2022: $1,757) 2,823 2,793
Noncurrent receivables 561 666
Total investments 4,719 5,048
Property 59,145 58,055
Less: Accumulated depreciation 38,743 37,613
Net property 20,402 20,442
Goodwill 8,615 8,644
Other intangible assets (net of accumulated amortization - 2023: $5,201; 2022: $5,022) 2,231 2,442
Operating lease right-of-use assets 1,297 1,227
Deferred income tax assets 1,075 960
Deferred charges and other assets 1,406 1,363
Total other assets 14,624 14,636
Total Assets 58,294 60,603
Notes payable 102 362
Long-term debt due within one year 107 362
Accounts payable - Trade 4,286 4,940
Accounts payable - Other 1,879 2,276
Operating lease liabilities - current 317 287
Income taxes payable 339 334
Accrued Liabilities, Current 2,619 2,770
Total current liabilities 9,649 11,331
Long-Term Debt 14,735 14,698
Deferred income tax liabilities 671 1,110
Pension and other postretirement benefits - noncurrent 3,735 3,808
Asbestos-related liabilities - noncurrent 819 857
Operating lease liabilities - noncurrent 1,036 997
Other noncurrent obligations 7,140 6,555
Total other noncurrent liabilities 13,401 13,327
Common stock (authorized 5,000,000,000 shares of $0.01 par value each; issued 2023: 775,474,359 shares; 2022: 771,678,525 shares) 8 8
Additional Paid in Capital, Common Stock 8,661 8,540
Retained earnings 22,570 23,180
Accumulated other comprehensive loss (7,067) (7,139)
Treasury stock at cost (2023: 72,399,802 shares; 2022: 66,798,605 shares) (4,175) (3,871)
Dow Inc.’s stockholders’ equity 19,997 20,718
Noncontrolling interests 512 529
Total equity 20,509 21,247
Total Liabilities and Equity $ 58,294 $ 60,603