Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Current Assets
Cash and cash equivalents	$ 13	$ 13
Accounts receivable:
Trade (net of allowance for doubtful receivables 2019: $-; 2018: $-)	22	21
Related companies	872	1,029
Other	28	31
Income taxes receivable	280	330
Notes receivable from related companies	1,437	1,281
Inventories	302	304
Other current assets	13	15
Total current assets	2,967	3,024
Investments
Investments in related companies	238	639
Other investments	22	23
Noncurrent receivables	69	67
Noncurrent receivables from related companies	53	54
Total investments	382	783
Property
Property	7,374	7,430
Less accumulated depreciation	5,925	5,982
Net property	1,449	1,448
Other Assets
Intangible assets (net of accumulated amortization 2019: $86; 2018: $87)	24	25
Operating lease right-of-use assets	100	0
Deferred income tax assets - noncurrent	461	463
Deferred charges and other assets	28	34
Total other assets	613	522
Total Assets	5,411	5,777
Current Liabilities
Notes payable - related companies	25	28
Notes Payable - Other	2	1
Long-term debt due within one year	1	1
Accounts payable:
Trade	249	247
Related companies	391	515
Other	34	39
Operating lease liabilities - current	18	0
Income taxes payable	89	24
Asbestos-related liabilities - current	110	118
Accrued and other current liabilities	150	163
Total current liabilities	1,069	1,136
Long-Term Debt	473	473
Other Noncurrent Liabilities
Pension and other postretirement benefits - noncurrent	970	979
Asbestos-related liabilities - noncurrent	1,133	1,142
Operating lease liabilities - noncurrent	82	0
Other noncurrent obligations	141	132
Total other noncurrent liabilities	2,326	2,253
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	2,951	3,338
Accumulated other comprehensive loss	(1,546)	(1,561)
Union Carbide Corporation's stockholder's equity	1,543	1,915
Total Liabilities and Equity	$ 5,411	$ 5,777