Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 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	972	843
Other	50	36
Income taxes receivable	281	275
Notes receivable from related companies	1,238	1,411
Inventories	278	307
Other current assets	35	39
Total current assets	2,888	2,937
Investments
Investments in related companies	639	639
Investment in nonconsolidated affiliate	0	14
Other investments	25	30
Noncurrent receivables	62	52
Noncurrent receivables from related companies	54	57
Total investments	780	792
Property
Property	7,309	7,144
Less accumulated depreciation	5,930	5,750
Net property	1,379	1,394
Other Assets
Intangible assets (net of accumulated amortization 2017: $82; 2016: $78)	25	25
Deferred income tax assets	511	928
Deferred charges and other assets	36	70
Assets, Noncurrent, Other than Noncurrent Investments and Property, Plant and Equipment	572	1,023
Total Assets	5,619	6,146
Current Liabilities
Notes payable - related companies	28	25
Long-term Debt and Capital Lease Obligations, Current	1	1
Accounts payable:
Trade	270	249
Related companies	684	521
Other	22	7
Income taxes payable	24	23
Asbestos-related liabilities - current	132	126
Accrued and other current liabilities	174	181
Total current liabilities	1,335	1,133
Other Noncurrent Liabilities
Long-term Debt and Capital Lease Obligations	474	475
Pension and other postretirement benefits - noncurrent	1,054	1,170
Asbestos-related liabilities - noncurrent	1,237	1,364
Other noncurrent obligations	151	206
Total other noncurrent liabilities	2,442	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	2,582	2,980
Accumulated other comprehensive loss	(1,352)	(1,320)
Union Carbide Corporation's stockholder's equity	1,368	1,798
Total Liabilities and Equity	$ 5,619	$ 6,146