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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income attributable to Union Carbide Corporation $ 165 $ 173
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 52 50
Provision for deferred income tax 2 72
Restructuring and asset related charges - net 1 0
Net periodic pension benefit cost 11 7
Pension contributions (41) (161)
Changes in assets and liabilities:    
Accounts and notes receivable (2) (21)
Related company receivables 189 146
Inventories 9 1
Accounts payable (5) 7
Related company payables (218) (17)
Asbestos-related payments (30) (30)
Other assets and liabilities 20 (8)
Cash provided by operating activities 153 219
Investing Activities    
Capital expenditures (44) (50)
Change in noncurrent receivable from related company 1 1
Proceeds from sales of investments 0 3
Cash used for investing activities (43) (46)
Financing Activities    
Dividends paid to parent (111) (169)
Changes in short-term notes payable 1 0
Cash used for financing activities (110) (169)
Summary    
Increase in cash and cash equivalents 0 4
Cash and cash equivalents at beginning of year 13 11
Cash and cash equivalents at end of period $ 13 $ 15