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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents (variable interest entities restricted - 2019: $109; 2018: $82) $ 2,969 $ 2,669
Marketable securities 101 100
Accounts and notes receivable:    
Trade (net of allowance for doubtful receivables - 2019: $109; 2018: $106) 8,428 8,246
Other 3,947 4,136
Inventories 9,508 9,260
Other current assets 708 852
Total current assets 25,661 25,263
Investments    
Investment in nonconsolidated affiliates 3,321 3,823
Other investments (investments carried at fair value - 2019: $1,796; 2018: $1,699) 2,737 2,648
Noncurrent receivables 345 394
Total investments 6,403 6,865
Property    
Property 61,764 61,437
Less accumulated depreciation 38,272 37,775
Net property (variable interest entities restricted - 2019: $718; 2018: $734) 23,492 23,662
Other Assets    
Goodwill 13,812 13,848
Other intangible assets (net of accumulated amortization - 2019: $5,912; 2018: $5,762) 4,743 4,913
Operating lease right-of-use assets 2,584 0
Deferred income tax assets 2,183 2,031
Deferred charges and other assets 859 796
Total other assets 24,181 21,588
Total Assets 79,737 77,378
Current Liabilities    
Notes payable 317 305
Long-term debt due within one year 2,369 340
Accounts payable:    
Trade 5,103 5,378
Other 3,176 3,330
Operating lease liabilities - current 477 0
Income taxes payable 699 791
Accrued and other current liabilities 3,232 3,611
Total current liabilities 15,373 13,755
Long-Term Debt (variable interest entities nonrecourse - 2019: $43; 2018: $75) 17,160 19,254
Other Noncurrent Liabilities    
Deferred income tax liabilities 721 664
Pension and other postretirement benefits - noncurrent 9,103 9,226
Asbestos-related liabilities - noncurrent 1,133 1,142
Operating lease liabilities - noncurrent 2,126 0
Other noncurrent obligations 5,975 5,368
Total other noncurrent liabilities 19,058 16,400
Stockholders’ Equity    
Common stock (authorized and issued 100 shares of $0.01 par value each) 0 0
Additional paid-in capital 7,153 7,042
Retained earnings 29,701 29,808
Accumulated other comprehensive loss (9,783) (9,885)
Unearned ESOP shares (105) (134)
The Dow Chemical Company’s stockholders’ equity 26,966 26,831
Noncontrolling interests 1,180 1,138
Total equity 28,146 27,969
Total Liabilities and Equity $ 79,737 $ 77,378