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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Activities      
Net Income Attributable to Union Carbide Corporation $ 1,055 $ 205 $ 89
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 207 200 190
Provision (Credit) for deferred income tax 35 414 (297)
Earnings of nonconsolidated affiliate in excess of dividends received 0 0 (1)
Net gain on sales of property and investments 0 (26) (51)
Net gain on sale of ownership interest in nonconsolidated affiliate 0 (4) 0
Asbestos-related charge 0 0 1,113
Restructuring and asset related charges - net 3 74 4
Net periodic pension benefit cost 43 28 27
Pension contributions (42) (162) (52)
Other, net 0 0 (1)
Changes in assets and liabilities:      
Accounts and notes receivable 23 7 (7)
Related company receivables (100) 44 132
Inventories (26) 29 (4)
Accounts payable (6) 36 18
Related company payables (169) 166 45
Asbestos-related payments (109) (121) (61)
Other assets and liabilities (113) (112) (457)
Cash provided by operating activities 801 778 687
Investing Activities      
Capital expenditures (250) (223) (267)
Proceeds from sale of ownership interest in nonconsolidated affiliate 0 22 0
Changes in noncurrent receivable from related company 0 3 5
Proceeds from sales of property 0 18 60
Purchases of investments (1) (1) (1)
Proceeds from sales of investments 3 9 5
Cash used for investing activities (248) (172) (198)
Financing Activities      
Dividends paid to parent (553) (603) (500)
Changes in short-term notes payable 1 0 0
Payments on long-term debt (1) (1) (1)
Cash used for financing activities (553) (604) (501)
Summary      
Increase (Decrease) in cash and cash equivalents 0 2 (12)
Cash and cash equivalents at beginning of year 13 11 23
Cash and cash equivalents at end of year 13 13 11
Supplemental Cash Flow Information      
Interest, net of amounts capitalized 37 37 38
Income taxes $ 269 $ 254 $ 697