Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$ 22	$ 23
Accounts receivable:
Trade (net of allowance for doubtful receivables - 2015: $-; 2014: $-)	30	29
Related companies	1,251	1,285
Other	56	67
Income taxes receivable	375	476
Notes receivable from related companies	1,059	1,292
Inventories	436	378
Deferred income taxes and other current assets	124	139
Total current assets	3,353	3,689
Investments
Investments in related companies	813	813
Investments in nonconsolidated affiliates	11	13
Other investments	7	8
Noncurrent receivables	44	44
Noncurrent receivables from related companies	98	131
Total investments	973	1,009
Property
Property	6,878	6,831
Less accumulated depreciation	5,717	5,679
Net property	1,161	1,152
Other Assets
Intangible assets (net of accumulated amortization 2015: $74; 2014: $73)	16	15
Deferred income tax assets - noncurrent	442	441
Asbestos-related insurance receivables - noncurrent	54	62
Deferred charges and other assets	43	45
Total other assets	555	563
Total Assets	6,042	6,413
Current Liabilities
Notes payable - related companies	48	43
Long-term debt due within one year	1	1
Accounts payable:
Trade	250	248
Related companies	531	872
Other	22	17
Income taxes payable	19	20
Asbestos-related liabilities - current	109	105
Accrued and other current liabilities	177	192
Total current liabilities	1,157	1,498
Long-Term Debt	480	481
Other Noncurrent Liabilities
Pension and other postretirement benefits - noncurrent	1,046	1,051
Asbestos-related liabilities - noncurrent	425	438
Other noncurrent obligations	137	136
Total other noncurrent liabilities	1,608	1,625
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	3,715	3,740
Accumulated other comprehensive loss	(1,230)	(1,243)
Union Carbide Corporation's stockholder's equity	2,797	2,809
Total Liabilities and Equity	$ 6,042	$ 6,413