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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Activities      
Net Income Attributable to Union Carbide Corporation $ 627 $ 1,055 $ 205
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 204 207 200
Provision (credit) for deferred income tax (10) 35 414
Net (gain) loss on sales of property and investments 6 0 (26)
Net gain on sale of ownership interest in nonconsolidated affiliate 0 0 (4)
Restructuring and asset related charges - net 79 3 74
Net periodic pension benefit cost 52 43 28
Pension contributions (2) (42) (162)
Changes in assets and liabilities:      
Accounts and notes receivable 13 23 7
Related company receivables 105 (100) 44
Inventories 23 (26) 29
Accounts payable (51) (6) 36
Related company payables (121) (169) 166
Asbestos-related payments (95) (109) (121)
Other assets and liabilities (82) (113) (112)
Cash provided by operating activities 748 801 778
Investing Activities      
Capital expenditures (196) (250) (223)
Proceeds from sale of ownership interest in nonconsolidated affiliate 0 0 22
Changes in noncurrent receivable from related company (13) 0 3
Proceeds from sales of property 21 0 18
Purchases of investments 0 (1) (1)
Proceeds from sales of investments 4 3 9
Cash used for investing activities (184) (248) (172)
Financing Activities      
Dividends paid to parent (570) (553) (603)
Changes in short-term notes payable 5 1 0
Payments on long-term debt (1) (1) (1)
Cash used for financing activities (566) (553) (604)
Summary      
Increase (decrease) in cash and cash equivalents (2) 0 2
Cash and cash equivalents at beginning of year 13 13  
Cash and cash equivalents at end of year 11 13 13
Supplemental Cash Flow Information      
Interest, net of amounts capitalized 37 37 37
Income taxes $ 136 $ 269 $ 254