UCC Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Cash and cash equivalents	$ 11	$ 11
Trade (net of allowance for doubtful receivables 2020: $—; 2019: $—)	26	26
Related companies	698	658
Other	27	17
Income taxes receivable	337	337
Notes receivable from related companies	1,660	1,505
Inventories	223	247
Other current assets	17	20
Total current assets	2,999	2,821
Investments in related companies	237	238
Other investments	22	22
Noncurrent receivables	124	118
Noncurrent receivables from related companies	66	66
Total investments	449	444
Property	7,089	7,247
Less accumulated depreciation	5,824	5,878
Net property	1,265	1,369
Intangible assets (net of accumulated amortization 2020: $97; 2019: $90)	16	22
Operating lease, right-of-use asset	123	89
Deferred Tax Assets, Deferred Income	494	507
Deferred charges and other assets	29	26
Total other assets	662	644
Total Assets	5,375	5,278
Notes payable to related companies	33	32
Notes Payable to Bank	0	6
Long-term debt due within one year	2	1
Trade	229	218
Related companies	409	386
Other	28	10
Operating lease liabilities - current	19	16
Income taxes payable	23	25
Asbestos-related liabilities - current	85	105
Accrued and other current liabilities	139	126
Total current liabilities	967	925
Long-Term Debt	391	473
Pension and other postretirement benefits - noncurrent	1,340	1,154
Asbestos-related liabilities - noncurrent	1,013	1,060
Operating lease liabilities - noncurrent	105	74
Other noncurrent obligations	201	194
Total other noncurrent liabilities	2,659	2,482
Common stock (authorized: 1,000 shares of $0.01 par value each; issued: 935.51 shares)	0	0
Additional paid-in capital	141	141
Retained earnings	2,987	2,922
Accumulated other comprehensive loss	(1,770)	(1,665)
Union Carbide Corporation's stockholders' equity	1,358	1,398
Total Liabilities and Equity	$ 5,375	$ 5,278