Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current Assets
Cash and cash equivalents	$ 13	$ 13
Accounts receivable:
Trade (net of allowance for doubtful receivables 2018: $-; 2017: $-)	31	21
Related companies	990	972
Other	49	50
Income taxes receivable	293	281
Notes receivable from related companies	1,091	1,238
Inventories	282	278
Other current assets	27	35
Total current assets	2,776	2,888
Investments
Investments in related companies	639	639
Other investments	25	25
Noncurrent receivables	64	62
Noncurrent receivables from related companies	55	54
Total investments	783	780
Property
Property	7,402	7,309
Less accumulated depreciation	6,012	5,930
Net property	1,390	1,379
Other Assets
Intangible assets (net of accumulated amortization 2018: $85; 2017: $82)	28	25
Deferred income tax assets - noncurrent	485	511
Deferred charges and other assets	35	36
Total other assets	548	572
Total Assets	5,497	5,619
Current Liabilities
Notes payable - related companies	27	28
Notes Payable - Other	2	0
Long-term debt due within one year	1	1
Accounts payable:
Trade	249	270
Related companies	464	684
Other	22	22
Income taxes payable	22	24
Asbestos-related liabilities - current	131	132
Accrued and other current liabilities	175	174
Total current liabilities	1,093	1,335
Long-Term Debt	474	474
Other Noncurrent Liabilities
Pension and other postretirement benefits - noncurrent	983	1,054
Asbestos-related liabilities - noncurrent	1,179	1,237
Other noncurrent obligations	141	151
Total other noncurrent liabilities	2,303	2,442
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	3,061	2,582
Accumulated other comprehensive loss	(1,572)	(1,352)
Union Carbide Corporation's stockholder's equity	1,627	1,368
Total Liabilities and Equity	$ 5,497	$ 5,619