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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net Income Attributable to Union Carbide Corporation $ 355 $ 413
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 98 92
Provision (credit) for deferred income tax 85 (319)
Earnings of nonconsolidated affiliate in excess of dividends received 0 (1)
Net gain on sales of property and investments (26) (50)
Net gain on sale of ownership interest in nonconsolidated affiliate (4) 0
Restructuring charges 2 2
Pension contributions (161) (51)
Other, net 0 (1)
Changes in assets and liabilities:    
Accounts and notes receivable 7 2
Related company receivables 88 48
Inventories 0 (21)
Accounts payable 12 (8)
Related company payables (32) 42
Asbestos-related payments (68) (31)
Other assets and liabilities 43 344
Cash provided by operating activities 399 461
Investing Activities    
Capital expenditures (98) (118)
Change in noncurrent receivable from related company 2 (2)
Proceeds from sale of ownership interest in nonconsolidated affiliate 22 0
Proceeds from sales of property 18 57
Proceeds from sales of investments 8 3
Cash used in investing activities (48) (60)
Financing Activities    
Dividends paid to stockholder (350) (400)
Changes in short-term notes payable 1 0
Payments on long-term debt 0 1
Cash used in financing activities (349) (401)
Summary    
Increase in cash and cash equivalents 2 0
Cash and cash equivalents at beginning of year 11 23
Cash and cash equivalents at end of period $ 13 $ 23