Consolidated Balance Sheets (USD $) In Millions	Jun. 30, 2011	Dec. 31, 2010
Current Assets
Cash and cash equivalents	$ 22	$ 22
Accounts receivable:
Trade (net of allowance for doubtful receivables - 2011: $1; 2010: $1)	34	27
Related companies	487	403
Other	127	159
Notes receivable from related companies	4,176	4,335
Inventories	257	194
Other current assets and deferred income taxes	90	87
Total current assets	5,193	5,227
Investments
Investments in related companies	972	972
Investments in nonconsolidated affiliates	132	131
Other investments	10	10
Noncurrent receivables	45	46
Noncurrent receivables from related companies	111	125
Total investments	1,270	1,284
Property
Property	7,132	7,080
Less accumulated depreciation	5,755	5,640
Net property	1,377	1,440
Other Assets
Intangible assets (net of accumulated amortization 2011: $142; 2010: $140)	7	7
Deferred income tax assets - noncurrent	605	579
Asbestos related insurance receivables noncurrent	217	220
Deferred charges and other assets	54	67
Total other assets	883	873
Total Assets	8,723	8,824
Current Liabilities
Notes payable related companies	3	3
Long term debt due within one year	37	0
Accounts payable:
Trade	206	267
Related companies	734	527
Other	32	30
Income taxes payable	142	140
Asbestos related liabilities current	73	78
Accrued and other current liabilities	175	185
Total current liabilities	1,402	1,230
Long Term Debt	470	571
Other Noncurrent Liabilities
Pension and other postretirement benefits - noncurrent	874	894
Asbestos related liabilities noncurrent	643	663
Other noncurrent obligations	192	188
Total other noncurrent liabilities	1,709	1,745
Stockholder's Equity
Common stock (authorized and issued: 1,000 shares of $0.01 par value each)	0	0
Additional paid in capital	312	312
Retained earnings	5,823	5,990
Accumulated other comprehensive loss	(995)	(1,026)
Union Carbide Corporation's stockholder's equity	5,140	5,276
Noncontrolling interests	2	2
Total equity	5,142	5,278
Total Liabilities and Equity	$ 8,723	$ 8,824