| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 4,609 | 2,399 | 1,465 | 2,883 |
| Trade (net of allowance for doubtful receivables - 2025 71 2024 95) | 5,044 | 5,426 | 4,917 | 5,380 |
| Other | 2,117 | 2,228 | 2,267 | 1,936 |
| Inventories | 6,675 | 6,701 | 6,765 | 6,741 |
| Other current assets | 1,201 | 958 | 914 | 1,037 |
| Total current assets (variable interest entities restricted) | 19,646 | 17,712 | 16,328 | 17,977 |
| Investment in nonconsolidated affiliates | 1,255 | 1,262 | 1,275 | 1,303 |
| Other investments (investments carried at fair value - 2025 2,073 2024 2,047) | 2,812 | 2,788 | 2,812 | 2,854 |
| Noncurrent receivables | 427 | 434 | 418 | 525 |
| Total investments | 4,494 | 4,484 | 4,505 | 4,682 |
| Property | 65,327 | 64,860 | 63,242 | 62,642 |
| Less accumulated depreciation | 42,788 | 42,384 | 40,912 | 40,549 |
| Net property (variable interest entities restricted - 2025 2,357 2024 122) | 22,539 | 22,476 | 22,330 | 22,093 |
| Goodwill | 8,690 | 8,698 | 8,619 | 8,684 |
| Other intangible assets (net of accumulated amortization - 2025 5,702 2024 5,394) | 1,546 | 1,606 | 1,652 | 1,840 |
| Operating lease right-of-use assets | 1,314 | 1,246 | 1,320 | 1,301 |
| Deferred income tax assets | 1,418 | 1,424 | 1,460 | 1,526 |
| Deferred charges and other assets | 1,343 | 1,345 | 1,285 | 1,286 |
| Total other assets (variable interest entities restricted - 2025 232 2024 15) | 14,311 | 14,319 | 14,336 | 14,637 |
| Total assets | 60,990 | 58,991 | 57,499 | 59,389 |
| Notes payable | 133 | 149 | 136 | 111 |
| Long-term debt due within one year | 413 | 401 | 502 | 296 |
| Accounts payable - trade | 4,535 | 4,944 | 4,925 | 5,093 |
| Accounts payable - other | 1,673 | 1,697 | 1,691 | 1,955 |
| Operating lease liabilities - current | 324 | 325 | 330 | 316 |
| Income taxes payable | 271 | 314 | 304 | 257 |
| Accrued liabilities, current | 2,755 | 2,656 | 2,698 | 2,799 |
| Total current liabilities (variable interest entities nonrecourse - 2025 413 2024 24) | 10,104 | 10,486 | 10,586 | 10,827 |
| Long-term debt (variable interest entities nonrecourse) | 17,709 | 16,247 | 15,932 | 16,164 |
| Deferred income tax liabilities | 383 | 378 | 407 | 397 |
| Pension and other postretirement benefits - noncurrent | 4,656 | 4,765 | 4,700 | 4,689 |
| Asbestos-related liabilities - noncurrent | 645 | 665 | 688 | 727 |
| Operating lease liabilities - noncurrent | 1,046 | 982 | 1,021 | 1,023 |
| Other noncurrent obligations | 7,383 | 6,876 | 6,870 | 6,721 |
| Total other noncurrent liabilities (variable interest entities nonrecourse - 2025 353 2024 13) | 14,113 | 13,666 | 13,686 | 13,557 |
| Common stock (authorized 5,000,000,000 shares of 0.01 par value each issued 2025 785,965,252 shares 2024 784,471,939 shares) | 8 | 8 | 8 | 8 |
| Additional paid in capital, common stock | 11,099 | 10,758 | 9,195 | 9,055 |
| Retained earnings | 18,576 | 18,766 | 20,101 | 21,459 |
| Accumulated other comprehensive loss | -7,763 | -7,826 | -7,956 | -7,503 |
| Treasury stock at cost (2025 75,197,860 shares 2024 80,859,145 shares) | 4,379 | 4,475 | 4,560 | 4,708 |
| Dow inc.s stockholders equity | 17,541 | 17,231 | 16,788 | 18,311 |
| Noncontrolling interests | 1,523 | 1,361 | 507 | 530 |
| Total equity | 19,064 | 18,592 | 17,295 | 18,841 |
| Total liabilities and equity | 60,990 | 58,991 | 57,499 | 59,389 |
DOW INC. (DOW)
DOW INC. (DOW)