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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income attributable to Union Carbide Corporation $ 743 $ 399
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 157 148
Provision for deferred income tax 28 109
Net gain on sales of property and investments 0 26
Net gain on sale of ownership interest in nonconsolidated affiliate 0 4
Restructuring and asset related charges - net 3 10
Net periodic pension benefit cost 33 21
Pension contributions (42) (162)
Changes in assets and liabilities:    
Accounts and notes receivable 25 10
Related company receivables (86) 104
Inventories (25) 8
Accounts payable 12 15
Related company payables (112) 18
Asbestos-related payments (79) (92)
Other assets and liabilities (63) 67
Cash provided by operating activities 594 625
Investing Activities    
Capital expenditures (174) (145)
Change in noncurrent receivable from related company 0 3
Proceeds from sale of ownership interest in nonconsolidated affiliate 0 22
Proceeds from sales of property 0 18
Proceeds from sales of investments 0 9
Cash used for investing activities (174) (93)
Financing Activities    
Dividends paid to parent (423) (531)
Changes in short-term notes payable 4 2
Payments on long-term debt 1 1
Cash used for financing activities (420) (530)
Summary    
Increase in cash and cash equivalents 0 2
Cash and cash equivalents at beginning of year 13 11
Cash and cash equivalents at end of period $ 13 $ 13