Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 15	$ 11
Accounts receivable:
Trade (net of allowance for doubtful receivables 2017: $-; 2016: $-)	45	15
Related companies	946	843
Other	51	36
Income taxes receivable	258	275
Notes receivable from related companies	1,162	1,411
Inventories	306	307
Other current assets	29	39
Total current assets	2,812	2,937
Investments
Investments in related companies	639	639
Investments in nonconsolidated affiliate	15	14
Other investments	27	30
Noncurrent receivables	52	52
Noncurrent receivables from related companies	56	57
Total investments	789	792
Property
Property	7,195	7,144
Less accumulated depreciation	5,795	5,750
Net property	1,400	1,394
Other Assets
Intangible assets (net of accumulated amortization 2017: $79; 2016: $78)	26	25
Deferred income tax assets - noncurrent	849	928
Deferred charges and other assets	44	70
Total other assets	919	1,023
Total Assets	5,920	6,146
Current Liabilities
Notes payable - related companies	28	25
Long-term debt due within one year	1	1
Accounts payable:
Trade	251	249
Related companies	501	521
Other	11	7
Income taxes payable	21	23
Asbestos-related liabilities - current	123	126
Accrued and other current liabilities	162	181
Total current liabilities	1,098	1,133
Long-Term Debt	475	475
Other Noncurrent Liabilities
Pension and other postretirement benefits - noncurrent	993	1,170
Asbestos-related liabilities - noncurrent	1,337	1,364
Other noncurrent obligations	202	206
Total other noncurrent liabilities	2,532	2,740
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	2,984	2,980
Accumulated other comprehensive loss	(1,307)	(1,320)
Union Carbide Corporation's stockholder's equity	1,815	1,798
Total Liabilities and Equity	$ 5,920	$ 6,146