UCC Consolidated Balance Sheet - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Cash and cash equivalents	$ 11	$ 11
Trade (net of allowance for doubtful receivables 2021: $—; 2020: $—)	49	33
Accounts Receivable, Related Parties	1,394	698
Other	29	20
Income taxes receivable	306	337
Notes receivable from related companies	988	1,660
Inventories	250	223
Other current assets	41	17
Total current assets	3,068	2,999
Investments in related companies	237	237
Other investments	22	22
Noncurrent receivables	83	124
Noncurrent receivables from related companies	68	66
Total investments	410	449
Property	7,168	7,089
Less accumulated depreciation	5,960	5,824
Net property	1,208	1,265
Intangible assets (net of accumulated amortization 2021: $103; 2020: $97)	13	16
Operating lease, right-of-use asset	122	123
Deferred Tax Assets, Deferred Income	288	494
Deferred charges and other assets	47	29
Total other assets	470	662
Total Assets	5,156	5,375
Notes payable to related companies	30	33
Long-term debt due within one year	3	2
Trade	362	229
Related companies	622	409
Other	27	28
Operating lease liabilities - current	20	19
Income taxes payable	25	23
Asbestos-related liabilities - current	85	85
Accrued and other current liabilities	171	139
Total current liabilities	1,345	967
Long-term Debt and Lease Obligation	392	391
Pension and other postretirement benefits - noncurrent	491	1,340
Asbestos-related liabilities - noncurrent	931	1,013
Operating lease liabilities - noncurrent	103	105
Other noncurrent obligations	230	201
Total other noncurrent liabilities	1,755	2,659
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	3,074	2,987
Accumulated other comprehensive loss	(1,551)	(1,770)
Union Carbide Corporation's stockholders' equity	1,664	1,358
Total Liabilities and Equity	$ 5,156	$ 5,375