DOW CHEMICAL CO /DE/ company info

CIK 29915
IRS Number 381285128
State of incorporation DE
Business address 2030 DOW CENTER
None
MIDLAND
MI
48674-2030
Mail address 2030 DOW CENTER
None
MIDLAND
MI
48674-2030

Short summary

DOW CHEMICAL CO /DE/ is a Michigan company, with head office located at 2030 Dow Center Midland, Michigan 48674-2030. The company achieved a record breaking net income in 2015 - 7.68 billion USD. In 2017 the company owned a total of 81.37 billion USD worth of assets, including 28.51 billion USD worth of current assets. 2016 was the year when the company amassed the most assets. The company net sales last year amounted to 55.51 billion USD.

DOW CHEMICAL CO /DE/ Income Statement

Name [in Millions USD]200320042005200620072008200920102011201220132014201520162017Trends
Revenue, Net 32,63240,16146,30749,12453,51357,36144,90053,67459,98556,78657,08058,16748,77848,15855,508
Cost of Goods and Services Sold 37,74537,64044,308
Gross Profit 10,51811,200
Selling, General and Administrative Expense 1,8611,9662,4872,6092,7882,8613,0243,1062,9483,3042,917
Interest expense 828747702616584
Other Nonoperating Income (Expense) 49125116
Income Tax Expense (Benefit) 1,230651-974818175651,9881,4262,14792,204
Net income 2,8875796482,3102,7421,1824,7873,7727,6854,318466

DOW CHEMICAL CO /DE/ Balance Sheet

Name [in Millions USD]200320042005200620072008200920102011201220132014201520162017Trends
Cash and cash equivalents 2,7572,1112,6483,0682,2234,1284,8833,8436,2247,3096,2185,186
Accounts Receivable, Net, Current 5,5314,6115,6015,2515,6195,5364,9575,1715,3078,678
Inventories 6,6846,9338,7398,3808,8368,9268,0618,2128,1639,577
Deferred income taxes 448668573462735770982827
Collateral Already Posted, Aggregate Fair Value 20371144
Property, Plant and Equipment, Gross 51,67349,34453,88852,92454,36655,96955,28056,70059,57361,198
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 34,29632,37135,83935,57137,16438,06836,70033,91735,45737,484
Goodwill 13,24812,86313,07912,89612,72112,78612,35815,44215,43914,047
Intangible Assets, Net (Excluding Goodwill) 5,6085,3894,8984,4544,1523,9716,4635,8125,473
Other Assets, Noncurrent 2,0552,3471,1342,621924901667775511549638615618946
Total assets 45,88546,14346,91548,80166,16864,59468,44768,84270,14268,75669,33481,52482,24781,371
Current assets 18,38320,08022,69923,19825,32724,28324,76426,31025,93528,514
Total current liabilities 11,12713,34712,42912,62912,61311,87912,76512,88113,42915,094
Long-term Debt 11,6299,2487,9667,58119,17220,20019,60016,75621,09120,516
Deferred Revenue, Noncurrent 512
Deferred income taxes 1,4461,2621,2381,009795669557982916764
Common Stock, Value, Issued 3,1070
Retained Earnings (Accumulated Deficit) 16,98718,91916,24217,14018,87719,47320,62022,37224,60630,68031,41728,261
Accumulated Other Comprehensive Income (Loss), Net of Tax 374-4,047-4,780-3,647-5,967-7,526-4,729-8,410-7,845-9,074-8,088

DOW CHEMICAL CO /DE/ Cash Flow

Name [in Millions USD]200320042005200620072008200920102011201220132014201520162017Trends
Net income 2,8875796482,3102,7421,1824,7873,7727,6854,318466
Depreciation 2,0162,2912,2892,1772,0572,0512,1361,9082,1302,329
Amortization of Intangible Assets 7292399509496478461436419544624
Depreciation and amortization 2,1902,2362,8272,9622,8832,6982,6812,7472,5212,8623,155
Deferred Income Tax Expense (Benefit) 494-276-6523281-465113466305-1,259933
Inventories -712-812-63750702871-130-224-780-6101,225
Accounts payable -7175691,735
Net Cash Provided by (Used in) Operating Activities 4,4844,7112,0754,1023,8794,0757,8236,5027,6075,4784,502
Payments to Acquire Property, Plant, and Equipment 2,2761,6832,130
Payments to Acquire Productive Assets 2,0752,2761,6832,1302,6872,6142,3023,5723,7033,8043,144
Payments to Acquire Businesses, Net of Cash Acquired 14303588200123187-16
Net Cash Provided by (Used in) Investing Activities -2,858-2,737-14,767135-1,994-2,687-1,469-3,105-1,350-3,479-1,941
Proceeds from Issuance of Long-term Debt 211,4538,2833,1313,6243,3479592,4481,38332
Proceeds from Issuance of Common Stock 009661812362953866790066
Payments for Repurchase of Common Stock 1,4628985141903074,1931,1669160
Net Cash Provided by (Used in) Financing Activities -2,728-97812,659-178-3,362-2,530-4,731-3,583-3,041-3,892-3,300
Cash and Cash Equivalents, Period Increase (Decrease) -1,0211,064464,193-1,595-1,1261,622-2862,923-1,970-419