Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current Assets
Cash and cash equivalents	$ 11	$ 13
Accounts receivable:
Trade (net of allowance for doubtful receivables 2019: $-; 2018: $-)	26	21
Related companies	658	1,029
Other	17	31
Income taxes receivable	337	330
Notes receivable from related companies	1,505	1,281
Inventories	247	304
Other current assets	20	15
Total current assets	2,821	3,024
Investments
Investments in related companies	238	639
Other investments	22	23
Noncurrent receivables	118	67
Noncurrent receivables from related companies	66	54
Total investments	444	783
Property
Property	7,247	7,430
Less accumulated depreciation	5,878	5,982
Net property	1,369	1,448
Other Assets
Intangible assets (net of accumulated amortization 2019: $90; 2018: $87)	22	25
Operating lease, right-of-use asset	89	0
Deferred income tax assets	507	463
Deferred charges and other assets	26	34
Total other assets	644	522
Total Assets	5,278	5,777
Current Liabilities
Notes payable to related companies	32	28
Notes payable - other	6	1
Long-term debt due within one year	1	1
Accounts payable:
Trade	218	247
Related companies	386	515
Other	10	39
Operating lease liabilities - current	16	0
Income taxes payable	25	24
Asbestos-related liabilities - current	105	118
Accrued and other current liabilities	126	163
Total current liabilities	925	1,136
Long-Term Debt	473	473
Other Noncurrent Liabilities
Pension and other postretirement benefits - noncurrent	1,154	979
Asbestos-related liabilities - noncurrent	1,060	1,142
Operating lease liabilities - noncurrent	74	0
Other noncurrent obligations	194	132
Total other noncurrent liabilities	2,482	2,253
Stockholders' Equity
Common stock (authorized: 1,000 shares of $0.01 par value each; issued: 935.51 shares)	0	0
Additional paid-in capital	141	138
Retained earnings	2,922	3,338
Accumulated other comprehensive loss	(1,665)	(1,561)
Union Carbide Corporation's stockholders' equity	1,398	1,915
Total Liabilities and Equity	$ 5,278	$ 5,777