Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Operating Activities
Net Income Attributable to Union Carbide Corporation	$ 413	$ 340
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	92	92
Provision (credit) for deferred income tax	(319)	15
Earnings of nonconsolidated affiliates in excess of dividends received	(1)	0
Net (gain)/loss on sales of property	50	(3)
Net gain on ownership transfer of property	0	(23)
Restructuring Charges	2	18
Pension contributions	(51)	(1)
Other, net	(1)	1
Changes in assets and liabilities:
Accounts and notes receivable	2	14
Related company receivables	48	112
Inventories	(21)	1
Accounts payable	(8)	30
Related company payables	42	(220)
Other assets and liabilities	313	(83)
Cash provided by operating activities	461	299
Investing Activities
Capital expenditures	(118)	(114)
Change in noncurrent receivable from related company	(2)	33
Proceeds from sales of property	57	0
Post-closing payments on sale of property	0	(1)
Cash acquired in ownership transfer of property	0	5
Proceeds from sales of investments	3	0
Cash used in investing activities	(60)	(77)
Financing Activities
Proceeds from Notes Payable	0	1
Dividends paid to stockholder	(400)	(220)
Payments of Long-term Debt	1	1
Cash used in financing activities	(401)	(220)
Summary
Increase in cash and cash equivalents	0	2
Cash and cash equivalents at beginning of year	23	23
Cash and cash equivalents at end of period	$ 23	$ 25