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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net income attributable to Union Carbide Corporation $ 355 $ 471
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 99 101
Provision for deferred income tax 15 16
Restructuring and asset related charges - net 2 2
Net periodic pension benefit cost 26 22
Pension contributions (1) (41)
Changes in assets and liabilities:    
Accounts and notes receivable (24) (8)
Related company receivables 129 129
Inventories 11 (4)
Accounts payable 6 (18)
Related company payables (70) (221)
Asbestos-related payments (42) (59)
Other assets and liabilities (63) (44)
Cash provided by operating activities 443 346
Investing Activities    
Capital expenditures (105) (101)
Change in noncurrent receivable from related company (3) (1)
Proceeds from sales of investments 2 0
Cash used for investing activities (106) (102)
Financing Activities    
Dividends paid to parent (338) (246)
Changes in short-term notes payable 1 2
Cash used for financing activities (337) (244)
Summary    
Increase in cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 13 13
Cash and cash equivalents at end of period $ 13 $ 13