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Dow Consolidated Balance Sheets Statement - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Statement of Financial Position [Abstract]    
Cash and Cash Equivalents $ 2,399 $ 2,189
Trade (net of allowance for doubtful receivables - 2025: $72; 2024: $95) 5,426 4,756
Other 2,228 2,108
Inventories 6,701 6,544
Other current assets 958 993
Total current assets (variable interest entities restricted - 2025: $209; 2024: $55) 17,712 16,590
Investment in nonconsolidated affiliates 1,262 1,266
Other investments (investments carried at fair value - 2025: $2,033; 2024: $2,047) 2,788 3,033
Noncurrent receivables 434 380
Total investments 4,484 4,679
Property 64,860 62,121
Less: Accumulated depreciation 42,384 40,117
Net property (variable interest entities restricted - 2025: $2,380; 2024: $122) 22,476 22,004
Goodwill 8,698 8,565
Other intangible assets (net of accumulated amortization - 2025: $5,660; 2024: $5,394) 1,606 1,721
Operating lease right-of-use assets 1,246 1,268
Deferred income tax assets 1,424 1,257
Deferred charges and other assets 1,345 1,228
Total other assets (variable interest entities restricted - 2025: $212; 2024: $15) 14,319 14,039
Total Assets 58,991 57,312
Notes payable 149 135
Long-term debt due within one year 401 497
Accounts payable - Trade 4,944 4,847
Accounts payable - Other 1,697 1,694
Operating lease liabilities - current 325 318
Income taxes payable 314 276
Accrued Liabilities, Current 2,656 2,521
Total current liabilities (variable interest entities nonrecourse - 2025: $365; 2024: $24) 10,486 10,288
Long-Term Debt (variable interest entities nonrecourse - 2025: $176; 2024: $—) 16,247 15,711
Deferred income tax liabilities 378 392
Pension and other postretirement benefits - noncurrent 4,765 4,736
Asbestos-related liabilities - noncurrent 665 713
Operating lease liabilities - noncurrent 982 984
Other noncurrent obligations 6,876 6,637
Total other noncurrent liabilities (variable interest entities nonrecourse - 2025: $329; 2024: $13) 13,666 13,462
Common stock (authorized 5,000,000,000 shares of $0.01 par value each; issued 2025: 785,942,132 shares; 2024: 784,471,939 shares) 8 8
Additional Paid in Capital, Common Stock 10,758 9,203
Retained earnings 18,766 20,909
Accumulated other comprehensive loss (7,826) (8,110)
Treasury stock at cost (2025: 77,097,981 shares; 2024: 80,859,145 shares) (4,475) (4,655)
Dow Inc.’s stockholders’ equity 17,231 17,355
Noncontrolling interests 1,361 496
Total equity 18,592 17,851
Total Liabilities and Equity $ 58,991 $ 57,312