Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 13	$ 11
Accounts receivable:
Trade (net of allowance for doubtful receivables 2017: $-; 2016: $-)	21	15
Related companies	995	843
Other	47	36
Income taxes receivable	201	275
Notes receivable from related companies	1,171	1,411
Inventories	307	307
Other current assets	32	39
Total current assets	2,787	2,937
Investments
Investments in related companies	639	639
Investments in nonconsolidated affiliate	0	14
Other investments	25	30
Noncurrent receivables	53	52
Noncurrent receivables from related companies	55	57
Total investments	772	792
Property
Property	7,206	7,144
Less accumulated depreciation	5,802	5,750
Net property	1,404	1,394
Other Assets
Intangible assets (net of accumulated amortization 2017: $80; 2016: $78)	26	25
Deferred income tax assets - noncurrent	829	928
Deferred charges and other assets	41	70
Total other assets	896	1,023
Total Assets	5,859	6,146
Current Liabilities
Notes payable - related companies	27	25
Notes Payable to Bank	1	0
Long-term debt due within one year	1	1
Accounts payable:
Trade	245	249
Related companies	487	521
Other	20	7
Income taxes payable	20	23
Asbestos-related liabilities - current	121	126
Accrued and other current liabilities	167	181
Total current liabilities	1,089	1,133
Long-Term Debt	475	475
Other Noncurrent Liabilities
Pension and other postretirement benefits - noncurrent	977	1,170
Asbestos-related liabilities - noncurrent	1,301	1,364
Other noncurrent obligations	186	206
Total other noncurrent liabilities	2,464	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	2,986	2,980
Accumulated other comprehensive loss	(1,293)	(1,320)
Union Carbide Corporation's stockholder's equity	1,831	1,798
Total Liabilities and Equity	$ 5,859	$ 6,146