Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Current Assets
Cash and cash equivalents	$ 19	$ 26
Accounts receivable:
Trade (net of allowance for doubtful receivables - 2012: $1; 2011: $1)	33	23
Related companies	366	385
Other	125	158
Notes receivable from related companies	2,187	3,261
Inventories	406	207
Other current assets and deferred income taxes	87	93
Total current assets	3,223	4,153
Investments
Investments in related companies	979	971
Investments in nonconsolidated affiliates	137	132
Other investments	8	6
Noncurrent receivables	45	45
Noncurrent receivables from related companies	152	136
Total investments	1,321	1,290
Property
Property	7,118	7,099
Less accumulated depreciation	5,805	5,745
Net property	1,313	1,354
Other Assets
Intangible assets (net of accumulated amortization 2012: $72; 2011: $141)	8	8
Deferred income tax assets - noncurrent	676	675
Asbestos related insurance receivables noncurrent	156	172
Deferred charges and other assets	49	53
Total other assets	889	908
Total Assets	6,746	7,705
Current Liabilities
Notes payable related companies	33	15
Long-term debt due within one year	0	37
Accounts payable:
Trade	247	256
Related companies	365	382
Other	19	31
Income taxes payable	10	0
Asbestos related liabilities current	85	73
Accrued and other current liabilities	187	157
Total current liabilities	946	951
Long Term Debt	471	470
Other Noncurrent Liabilities
Pension and other postretirement benefits - noncurrent	881	1,062
Asbestos related liabilities noncurrent	549	608
Other noncurrent obligations	176	179
Total other noncurrent liabilities	1,606	1,849
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	4,510	5,253
Accumulated other comprehensive loss	(1,101)	(1,132)
Union Carbide Corporation's stockholder's equity	3,721	4,433
Noncontrolling interests	2	2
Total equity	3,723	4,435
Total Liabilities and Equity	$ 6,746	$ 7,705