DOW INC
For the period ended Dec 31, 2023. Filed Jan 31, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Jan 31, 2024
DOW$30.96-1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (In millions, except share amounts) At Dec 31, | 2023 | 2022 |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $2,987 | $3,886 |
| Accounts and notes receivable: | ||
| Trade (net of allowance for doubtful receivables - 2023: $81; 2022: $110) | 4,718 | 5,611 |
| Other | 1,896 | 2,144 |
| Inventories | 6,076 | 6,988 |
| Other current assets | 1,937 | 1,848 |
| Total current assets | 17,614 | 20,477 |
| Investments | ||
| Investment in nonconsolidated affiliates | 1,267 | 1,589 |
| Other investments (investments carried at fair value - 2023: $1,877; 2022: $1,757) | 2,740 | 2,793 |
| Noncurrent receivables | 438 | 666 |
| Total investments | 4,445 | 5,048 |
| Property | ||
| Property | 60,203 | 58,055 |
| Less: Accumulated depreciation | 39,137 | 37,613 |
| Net property | 21,066 | 20,442 |
| Other Assets | ||
| Goodwill | 8,641 | 8,644 |
| Other intangible assets (net of accumulated amortization - 2023: $5,374; 2022: $5,022) | 2,072 | 2,442 |
| Operating lease right-of-use assets | 1,320 | 1,227 |
| Deferred income tax assets | 1,486 | 960 |
| Deferred charges and other assets | 1,323 | 1,363 |
| Total other assets | 14,842 | 14,636 |
| Total Assets | $57,967 | $60,603 |
| Liabilities and Equity | ||
| Current Liabilities | ||
| Notes payable | $62 | $362 |
| Long-term debt due within one year | 117 | 362 |
| Accounts payable: | ||
| Trade | 4,529 | 4,940 |
| Other | 1,797 | 2,276 |
| Operating lease liabilities - current | 329 | 287 |
| Income taxes payable | 419 | 334 |
| Accrued and other current liabilities | 2,704 | 2,770 |
| Total current liabilities | 9,957 | 11,331 |
| Long-Term Debt | 14,907 | 14,698 |
| Other Noncurrent Liabilities | ||
| Deferred income tax liabilities | 399 | 1,110 |
| Pension and other postretirement benefits - noncurrent | 4,932 | 3,808 |
| Asbestos-related liabilities - noncurrent | 788 | 857 |
| Operating lease liabilities - noncurrent | 1,032 | 997 |
| Other noncurrent obligations | 6,844 | 6,555 |
| Total other noncurrent liabilities | 13,995 | 13,327 |
| Stockholders’ Equity | ||
| Common stock (authorized 5,000,000,000 shares of $0.01 par value each;issued 2023: 778,595,514 shares; 2022: 771,678,525 shares) | 8 | 8 |
| Additional paid-in capital | 8,880 | 8,540 |
| Retained earnings | 21,774 | 23,180 |
| Accumulated other comprehensive loss | (7,681) | (7,139) |
| Treasury stock at cost (2023: 76,302,081 shares; 2022: 66,798,605 shares) | (4,374) | (3,871) |
| Dow Inc.’s stockholders’ equity | 18,607 | 20,718 |
| Noncontrolling interests | 501 | 529 |
| Total equity | 19,108 | 21,247 |
| Total Liabilities and Equity | $57,967 | $60,603 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.