For the year ending 2025-12-31, DOW has $58,538M in assets. $3,816M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 3,816 | 2,189 | 2,987 | 3,886 |
| Trade (net of allowance for doubtful receivables - 2025 59 2024 95) | 4,762 | 4,756 | 4,718 | 5,611 |
| Other receivables | 1,876 | 2,108 | 1,896 | 2,144 |
| Inventories | 6,595 | 6,544 | 6,076 | 6,988 |
| Other current assets | 1,013 | 993 | 1,937 | 1,848 |
| Total current assets (variable interest entities restricted - 2025 228 2024 55) | 18,062 | 16,590 | 17,614 | 20,477 |
| Investment in nonconsolidated affiliates | 1,264 | 1,266 | 1,267 | 1,589 |
| Other investments (investments carried at fair value - 2025 2,212 2024 2,047) | 3,017 | 3,033 | 2,740 | 2,793 |
| Noncurrent receivables | 309 | 380 | 438 | 666 |
| Total investments | 4,590 | 4,679 | 4,445 | 5,048 |
| Property | 65,863 | 62,121 | 60,203 | 58,055 |
| Less accumulated depreciation | 43,613 | 40,117 | 39,137 | 37,613 |
| Net property | 22,250 | 22,004 | 21,066 | 20,442 |
| Goodwill | 7,978 | 8,565 | 8,641 | 8,644 |
| Other intangible assets (net of accumulated amortization - 2025 5,727 2024 5,394) | 1,486 | 1,721 | 2,072 | 2,442 |
| Operating lease right-of-use assets | 1,356 | 1,268 | 1,320 | 1,227 |
| Deferred income tax assets | 1,511 | 1,257 | 1,486 | 960 |
| Deferred charges and other assets | 1,305 | 1,228 | 1,323 | 1,363 |
| Total other assets (variable interest entities restricted - 2025 226 2024 15) | 13,636 | 14,039 | 14,842 | 14,636 |
| Total assets | 58,538 | 57,312 | 57,967 | 60,603 |
| Notes payable | 90 | 135 | 62 | 362 |
| Long-term debt due within one year | 222 | 497 | 117 | 362 |
| Accounts payable, trade | 4,151 | 4,847 | 4,529 | 4,940 |
| Accounts payable, other | 1,394 | 1,694 | 1,797 | 2,276 |
| Operating lease liabilities - current | 340 | 318 | 329 | 287 |
| Income taxes payable | 337 | 276 | 419 | 334 |
| Accrued and other current liabilities | 2,649 | 2,521 | 2,704 | 2,770 |
| Total current liabilities (variable interest entities restricted - 2025 438 2024 24) | 9,183 | 10,288 | 9,957 | 11,331 |
| Long-term debt (variable interest entities restricted - 2025 190 2024 ) | 17,849 | 15,711 | 14,907 | 14,698 |
| Deferred income tax liabilities | 364 | 392 | 399 | 1,110 |
| Pension and other postretirement benefits - noncurrent | 4,694 | 4,736 | 4,932 | 3,808 |
| Asbestos-related liabilities - noncurrent | 628 | 713 | 788 | 857 |
| Operating lease liabilities - noncurrent | 1,097 | 984 | 1,032 | 997 |
| Other noncurrent obligations | 7,201 | 6,637 | 6,844 | 6,555 |
| Total other noncurrent liabilities (variable interest entities restricted - 2025 364 2024 13) | 13,984 | 13,462 | 13,995 | 13,327 |
| Common stock (authorized and issued 100 shares of 0.01 par value each) | 8 | 8 | 8 | 8 |
| Additional paid-in capital | 11,112 | 9,203 | 8,880 | 8,540 |
| Retained earnings | 16,781 | 20,909 | 21,774 | 23,180 |
| Accumulated other comprehensive loss | -7,660 | -8,110 | -7,681 | -7,139 |
| Unearned esop shares | - | - | - | 0 |
| Treasury stock at cost (2025 73,065,152 shares 2024 80,859,145 shares) | 4,233 | 4,655 | 4,374 | 3,871 |
| Dow inc.s stockholders equity | 16,008 | 17,355 | 18,607 | 20,718 |
| Noncontrolling interests | 1,514 | 496 | 501 | 529 |
| Total equity | 17,522 | 17,851 | 19,108 | 21,247 |
| Total liabilities and equity | 58,538 | 57,312 | 57,967 | 60,603 |
DOW INC. (DOW)
DOW INC. (DOW)