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Consolidated Balance Sheets (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Current Assets  
Cash and cash equivalents$ 23$ 22
Accounts receivable:  
Trade (net of allowance for doubtful receivables - 2011: $1; 2010: $1)2827
Related companies408403
Other114159
Notes receivable from related companies3,7534,335
Inventories224194
Other current assets and deferred income taxes8587
Total current assets4,6355,227
Investments  
Investments in related companies972972
Investments in nonconsolidated affiliates135131
Other investments1110
Noncurrent receivables4546
Noncurrent receivables from related companies126125
Total investments1,2891,284
Property  
Property7,0427,080
Less accumulated depreciation5,6955,640
Net property1,3471,440
Other Assets  
Intangible assets (net of accumulated amortization 2011: $140; 2010: $140)87
Deferred income tax assets - noncurrent606579
Asbestos related insurance receivables noncurrent206220
Deferred charges and other assets5267
Total other assets872873
Total Assets8,1438,824
Current Liabilities  
Notes payable related companies143
Long term debt due within one year370
Accounts payable:  
Trade235267
Related companies485527
Other3130
Income taxes payable60140
Asbestos related liabilities current6878
Accrued and other current liabilities194185
Total current liabilities1,1241,230
Long Term Debt470571
Other Noncurrent Liabilities  
Pension and other postretirement benefits - noncurrent820894
Asbestos related liabilities noncurrent635663
Other noncurrent obligations189188
Total other noncurrent liabilities1,6441,745
Stockholder's Equity  
Common stock (authorized and issued: 1,000 shares of $0.01 par value each)00
Additional paid in capital312312
Retained earnings5,5705,990
Accumulated other comprehensive loss(979)(1,026)
Union Carbide Corporation's stockholder's equity4,9035,276
Noncontrolling interests22
Total equity4,9055,278
Total Liabilities and Equity$ 8,143$ 8,824