RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2021

The following table summarizes UCC’s transactions with TDCC and a TDCC subsidiary related to product and services agreements for the years ended December 31, 2021, 2020 and 2019:


Product and Services Agreements Transactions	2021		2020		2019		Income Statement
In millions							Classification
TDCC Subsidiary:
Commodity and raw materials purchases 1	$	1,915	$	1,021	$	1,100	Cost of sales
Commission expense	$	21	$	22	$	23	Sundry income (expense) - net
TDCC:
General administrative and overhead type services and service fee 2	$	63	$	31	$	24	Sundry income (expense) - net
Activity-based costs	$	74	$	87	$	87	Cost of sales

1.Period-end balances on hand are included in inventory. The increase in purchase costs in 2021 was primarily due to higher feedstock and energy costs, which includes the impact of Winter Storm Uri in the first quarter of 2021. Amounts reported for 2019 are approximate, as reported in prior years.

2.The increase in services and fees resulted from TDCC's periodic review of the actual cost of services provided to UCC in accordance with related agreements.

Dividends Declared

The following table summarizes cash dividends declared and paid to TDCC for the years ended 2021, 2020 and 2019:


Cash Dividends Declared and Paid	2021		2020		2019
In millions

Cash dividends declared and paid	$	288	$	362	$	570