Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 11	$ 23
Accounts receivable:
Trade (net of allowance for doubtful receivables 2016: $-; 2015: $-)	15	13
Related companies	843	1,090
Other	36	36
Income taxes receivable	275	32
Notes receivable from related companies	1,411	1,296
Inventories	307	303
Other current assets	39	39
Total current assets	2,937	2,832
Investments
Investments in related companies	639	639
Investment in nonconsolidated affiliate	14	13
Other investments	30	33
Noncurrent receivables	52	44
Noncurrent receivables from related companies	57	62
Total investments	792	791
Property
Property	7,144	7,036
Less accumulated depreciation	5,750	5,735
Net property	1,394	1,301
Other Assets
Intangible assets (net of accumulated amortization 2016: $78; 2015: $74)	25	22
Deferred income tax assets	928	577
Asbestos-related insurance receivables - noncurrent	36	51
Deferred charges and other assets	34	32
Total other assets	1,023	682
Total Assets	6,146	5,606
Current Liabilities
Notes payable - related companies	25	25
Long-term debt due within one year	1	1
Accounts payable:
Trade	249	220
Related companies	521	476
Other	7	18
Income taxes payable	23	92
Asbestos-related liabilities - current	126	65
Accrued and other current liabilities	181	177
Total current liabilities	1,133	1,074
Long-Term Debt	475	476
Other Noncurrent Liabilities
Pension and other postretirement benefits - noncurrent	1,170	1,076
Asbestos-related liabilities - noncurrent	1,364	387
Other noncurrent obligations	206	292
Total other noncurrent liabilities	2,740	1,755
Stockholder's Equity
Common stock (authorized: 1,000 shares of $0.01 par value each; issued: 935.51 shares)	0	0
Additional paid-in capital	138	138
Retained earnings	2,980	3,391
Accumulated other comprehensive loss	(1,320)	(1,228)
Union Carbide Corporation's stockholder's equity	1,798	2,301
Total Liabilities and Equity	$ 6,146	$ 5,606