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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 26 $ 33
Accounts receivable:    
Trade (net of allowance for doubtful receivables - 2014: $-; 2013: $-) 21 25
Related companies 1,284 390
Other 108 80
Notes receivable from related companies 1,506 2,404
Inventories 432 404
Deferred income taxes and other current assets 116 101
Total current assets 3,493 3,437
Investments    
Investments in related companies 823 823
Investments in nonconsolidated affiliates 12 6
Other investments 8 9
Noncurrent receivables 41 30
Noncurrent receivables from related companies 136 166
Total investments 1,020 1,034
Property    
Property 6,958 7,079
Less accumulated depreciation 5,828 5,840
Net property 1,130 1,239
Other Assets    
Intangible assets (net of accumulated amortization 2014: $73; 2013: $72) 14 10
Deferred income tax assets - noncurrent 751 692
Asbestos-related insurance receivables - noncurrent 74 86
Deferred charges and other assets 46 51
Total other assets 885 839
Total Assets 6,528 6,549
Current Liabilities    
Notes payable - related companies 41 34
Long-term debt due within one year 1 0
Accounts payable:    
Trade 245 215
Related companies 933 398
Other 24 21
Income taxes payable 83 213
Asbestos-related liabilities - current 118 91
Accrued and other current liabilities 198 182
Total current liabilities 1,643 1,154
Long-Term Debt 481 471
Other Noncurrent Liabilities    
Pension and other postretirement benefits - noncurrent 653 684
Asbestos-related liabilities - noncurrent 382 434
Other noncurrent obligations 153 95
Total other noncurrent liabilities 1,188 1,213
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 3,921 4,442
Accumulated other comprehensive loss (1,017) (1,045)
Union Carbide Corporation's stockholder's equity 3,216 3,709
Noncontrolling interests 0 2
Total equity 3,216 3,711
Total Liabilities and Equity $ 6,528 $ 6,549