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TDCC Consolidated Balance Sheets (Statement) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Cash and cash equivalents (variable interest entities restricted - 2021: $36; 2020: $26) $ 3,491 $ 5,104
Trade (net of allowance for doubtful receivables - 2021: $59; 2020: $51) 6,456 4,839
Other 2,650 2,551
Inventories 6,952 5,701
Other current assets 803 889
Total current assets 20,352 19,084
Investment in nonconsolidated affiliates 1,754 1,327
Other investments (investments carried at fair value - 2021: $1,655; 2020: $1,674) 2,764 2,775
Noncurrent receivables 480 465
Total investments 4,998 4,567
Property 56,564 56,325
Less: Accumulated depreciation 36,700 36,086
Net property (variable interest entities restricted - 2021: $204; 2020: $232) 19,864 20,239
Goodwill 8,833 8,908
Other intangible assets (net of accumulated amortization - 2021: $4,650; 2020: $4,428) 3,093 3,352
Operating lease right-of-use assets 1,745 1,856
Deferred income tax assets 1,529 2,215
Deferred charges and other assets 1,354 1,249
Total other assets 16,554 17,580
Total Assets 61,768 61,470
Notes payable 203 156
Long-term debt due within one year 445 460
Trade 4,664 3,763
Other 2,638 2,126
Operating lease liabilities - current 402 416
Income taxes payable 462 397
Accrued and other current liabilities 3,494 3,790
Total current liabilities 12,308 11,108
Long-Term Debt (variable interest entities nonrecourse - 2021: $5; 2020: $6) 15,093 16,491
Deferred income tax liabilities 504 405
Pension and other postretirement benefits - noncurrent 8,888 11,648
Asbestos-related liabilities - noncurrent 975 1,013
Operating lease liabilities - noncurrent 1,419 1,521
Other noncurrent obligations 6,428 6,279
Total other noncurrent liabilities 18,214 20,866
Common stock (authorized and issued 100 shares of $0.01 par value each) 8 8
Additional Paid in Capital, Common Stock 7,898 7,595
Retained earnings 18,200 16,361
Accumulated other comprehensive loss (9,676) (10,855)
Unearned ESOP shares (32) (49)
Dow Inc.’s stockholders’ equity 15,573 12,435
Noncontrolling interests 580 570
Total equity 16,153 13,005
Total Liabilities and Equity 61,768 61,470
The Dow Chemical Company    
Cash and cash equivalents (variable interest entities restricted - 2021: $36; 2020: $26) 3,491 5,104
Trade (net of allowance for doubtful receivables - 2021: $59; 2020: $51) 6,456 4,839
Other 2,653 2,553
Inventories 6,952 5,701
Other current assets 759 801
Total current assets 20,311 18,998
Investment in nonconsolidated affiliates 1,754 1,327
Other investments (investments carried at fair value - 2021: $1,655; 2020: $1,674) 2,764 2,775
Noncurrent receivables 442 426
Total investments 4,960 4,528
Property 56,564 56,325
Less: Accumulated depreciation 36,700 36,086
Net property (variable interest entities restricted - 2021: $204; 2020: $232) 19,864 20,239
Goodwill 8,833 8,908
Other intangible assets (net of accumulated amortization - 2021: $4,650; 2020: $4,428) 3,093 3,352
Operating lease right-of-use assets 1,745 1,856
Deferred income tax assets 1,529 2,215
Deferred charges and other assets 1,354 1,249
Total other assets 16,554 17,580
Total Assets 61,689 61,345
Notes payable 203 156
Long-term debt due within one year 445 460
Trade 4,664 3,763
Other 2,638 2,126
Operating lease liabilities - current 402 416
Income taxes payable 462 397
Accrued and other current liabilities 3,198 3,256
Total current liabilities 12,012 10,574
Long-Term Debt (variable interest entities nonrecourse - 2021: $5; 2020: $6) 15,093 16,491
Deferred income tax liabilities 504 405
Pension and other postretirement benefits - noncurrent 8,888 11,648
Asbestos-related liabilities - noncurrent 975 1,013
Operating lease liabilities - noncurrent 1,419 1,521
Other noncurrent obligations 6,275 6,124
Total other noncurrent liabilities 18,061 20,711
Common stock (authorized and issued 100 shares of $0.01 par value each) 0 0
Additional Paid in Capital, Common Stock 7,906 7,603
Retained earnings 17,745 16,300
Accumulated other comprehensive loss (9,676) (10,855)
Unearned ESOP shares (32) (49)
Dow Inc.’s stockholders’ equity 15,943 12,999
Noncontrolling interests 580 570
Total equity 16,523 13,569
Total Liabilities and Equity $ 61,689 $ 61,345