XML 74 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2012: $174; 2011: $170) $ 4,128 $ 5,444
Marketable securities and interest-bearing deposits 2 2
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2012: $134; 2011: $121) 5,251 4,900
Other 4,636 4,726
Inventories 8,380 7,577
Deferred income tax assets - current 462 471
Other current assets 339 302
Total current assets 23,198 23,422
Investments    
Investment in nonconsolidated affiliates 3,190 3,405
Other investments (investments carried at fair value - 2012: $2,063; 2011: $2,008) 2,554 2,508
Noncurrent receivables 1,229 1,144
Total investments 6,973 7,057
Property    
Property 52,924 52,216
Less accumulated depreciation 35,571 34,917
Net property (variable interest entities restricted - 2012: $2,324; 2011: $2,169) 17,353 17,299
Other Assets    
Goodwill 12,896 12,930
Other intangible assets (net of accumulated amortization - 2012: $2,605; 2011: $2,349) 4,898 5,061
Deferred income tax assets - noncurrent 2,582 2,559
Asbestos-related insurance receivables - noncurrent 167 172
Deferred charges and other assets 775 724
Total other assets 21,318 21,446
Total Assets 68,842 69,224
Current Liabilities    
Notes payable 473 541
Long-term debt due within one year 1,880 2,749
Accounts payable:    
Trade 4,586 4,778
Other 2,262 2,216
Income taxes payable 375 382
Deferred income tax liabilities current 117 129
Dividends payable 462 376
Accrued and other current liabilities 2,474 2,463
Total current liabilities 12,629 13,634
Long-Term Debt (variable interest entities nonrecourse - 2012: $1,308; 2011: $1,138) 18,304 18,310
Other Noncurrent Liabilities    
Deferred income tax liabilities - noncurrent 1,009 1,091
Pension and other postretirement benefits - noncurrent 8,775 9,034
Asbestos-related liabilities - noncurrent 581 608
Other noncurrent obligations 3,173 3,109
Total other noncurrent liabilities 13,538 13,842
Redeemable Noncontrolling Interest 147 147
Stockholders' Equity    
Preferred stock, series A 4,000 4,000
Common stock 2,996 2,961
Additional paid-in capital 3,018 2,663
Retained earnings 19,473 19,087
Accumulated other comprehensive loss (5,967) (5,996)
Unearned ESOP shares (399) (434)
The Dow Chemical Company's stockholders' equity 23,121 22,281
Noncontrolling interests 1,103 1,010
Total equity 24,224 23,291
Total Liabilities and Equity $ 68,842 $ 69,224