Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name DOW CHEMICAL CO /DE/
CIK 0000029915
Accession number 0000029915-14-000011
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/29915/000002991514000011/dow-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01
Commentary Conforms with all rules.
Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Deferred Tax Balances at December 31
 
2013
 
2012
In millions
 
Deferred Tax
Assets (1)

 
Deferred Tax
Liabilities

 
Deferred Tax
Assets (1)

 
Deferred Tax 
Liabilities

Property
 
$
62

 
$
2,165

 
$
58

 
$
2,128

Tax loss and credit carryforwards
 
2,012

 
—

 
1,954

 
—

Postretirement benefit obligations
 
3,619

 
1,150

 
4,900

 
1,291

Other accruals and reserves
 
1,901

 
392

 
2,167

 
329

Intangibles
 
113

 
827

 
218

 
994

Inventory
 
217

 
197

 
240

 
179

Long-term debt
 
—

 
600

 
—

 
599

Investments
 
137

 
111

 
317

 
183

Other – net
 
1,143

 
794

 
1,168

 
642

Subtotal
 
$
9,204

 
$
6,236

 
$
11,022

 
$
6,345

Valuation allowances
 
(1,112
)
 
—

 
(1,399
)
 
—

Total
 
$
8,092

 
$
6,236

 
$
9,623

 
$
6,345


(1)
Included in current deferred tax assets are prepaid tax assets totaling $205 million in 2013 and $218 million in 2012.

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 9,204,000,000 us-gaap:DeferredTaxAssetsGross
Valuation allowance -1,112,000,000 us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net 8,092,000,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities -6,236,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net 1,856,000,000
CHECK 0

*

(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 743,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax assets, net, noncurrent 1,964,000,000 us-gaap:DeferredTaxAssetsNetNoncurrent
Deferred tax liabilities, net, current -133,000,000 us-gaap:DeferredTaxLiabilitiesCurrent
Deferred tax liabilities, net, noncurrent -718,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net 1,856,000,000
CHECK 0

*

(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 8,092,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax liabilities, net -6,236,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net 1,856,000,000
CHECK 0

*

*

Creative Commons License
This work is licensed under a Creative Commons License.

Valid CSS!