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

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(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

*


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