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TDCC Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Cash and cash equivalents (variable interest entities restricted - 2020: $26; 2019: $37) $ 5,104 $ 2,367
Trade (net of allowance for doubtful receivables - 2020: $51; 2019: $45) 4,839 4,844
Other 2,551 2,711
Inventories 5,701 6,214
Other current assets 889 679
Total current assets 19,084 16,815
Investment in nonconsolidated affiliates 1,327 1,404
Other investments (investments carried at fair value - 2020: $1,674; 2019: $1,584) 2,775 2,588
Noncurrent receivables 465 1,063
Total investments 4,567 5,055
Property 56,325 54,910
Less: Accumulated depreciation 36,086 33,914
Net property 20,239 20,996
Goodwill 8,908 8,796
Other intangible assets 3,352 3,759
Operating lease right-of-use assets 1,856 2,072
Deferred income tax assets 2,215 2,213
Deferred charges and other assets 1,249 818
Total other assets 17,580 17,658
Total Assets 61,470 60,524
Notes payable 156 586
Long-term debt due within one year 460 435
Trade 3,763 3,889
Accounts Payable, Other, Current 2,126 2,064
Operating lease liabilities - current 416 421
Income taxes payable 397 522
Accrued and other current liabilities 3,790 2,762
Total current liabilities 11,108 10,679
Long-Term Debt (variable interest entities nonrecourse - 2020: $6; 2019: $34) 16,491 15,975
Deferred income tax liabilities 405 347
Pension and other postretirement benefits - noncurrent 11,648 10,083
Asbestos-related liabilities - noncurrent 1,013 1,060
Operating lease liabilities - noncurrent 1,521 1,739
Other noncurrent obligations 6,279 6,547
Total other noncurrent liabilities 20,866 19,776
Common stock (authorized 5,000,000,000 shares of $0.01 par value each; issued 2020: 755,993,198 shares; 2019: 751,228,644 shares) 8 8
Additional paid-in capital 7,595 7,325
Retained earnings 16,361 17,045
Accumulated other comprehensive loss (10,855) (10,246)
Unearned ESOP shares (49) (91)
Dow Inc.’s stockholders’ equity 12,435 13,541
Noncontrolling interests 570 553
Total equity 13,005 14,094
Total Liabilities and Equity 61,470 60,524
The Dow Chemical Company    
Cash and cash equivalents (variable interest entities restricted - 2020: $26; 2019: $37) 5,104 2,367
Trade (net of allowance for doubtful receivables - 2020: $51; 2019: $45) 4,839 4,844
Other 2,553 2,716
Inventories 5,701 6,214
Other current assets 801 592
Total current assets 18,998 16,733
Investment in nonconsolidated affiliates 1,327 1,404
Other investments (investments carried at fair value - 2020: $1,674; 2019: $1,584) 2,775 2,588
Noncurrent receivables 426 1,011
Total investments 4,528 5,003
Property 56,325 54,910
Less: Accumulated depreciation 36,086 33,914
Net property 20,239 20,996
Goodwill 8,908 8,796
Other intangible assets 3,352 3,759
Operating lease right-of-use assets 1,856 2,072
Deferred income tax assets 2,215 2,213
Deferred charges and other assets 1,249 818
Total other assets 17,580 17,658
Total Assets 61,345 60,390
Notes payable 156 586
Long-term debt due within one year 460 435
Trade 3,763 3,889
Accounts Payable, Other, Current 2,126 2,064
Operating lease liabilities - current 416 421
Income taxes payable 397 522
Accrued and other current liabilities 3,256 2,233
Total current liabilities 10,574 10,150
Long-Term Debt (variable interest entities nonrecourse - 2020: $6; 2019: $34) 16,491 15,975
Deferred income tax liabilities 405 347
Pension and other postretirement benefits - noncurrent 11,648 10,083
Asbestos-related liabilities - noncurrent 1,013 1,060
Operating lease liabilities - noncurrent 1,521 1,739
Other noncurrent obligations 6,124 6,174
Total other noncurrent liabilities 20,711 19,403
Common stock (authorized 5,000,000,000 shares of $0.01 par value each; issued 2020: 755,993,198 shares; 2019: 751,228,644 shares) 0 0
Additional paid-in capital 7,603 7,333
Retained earnings 16,300 17,313
Accumulated other comprehensive loss (10,855) (10,246)
Unearned ESOP shares (49) (91)
Dow Inc.’s stockholders’ equity 12,999 14,309
Noncontrolling interests 570 553
Total equity 13,569 14,862
Total Liabilities and Equity $ 61,345 $ 60,390