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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income attributable to Union Carbide Corporation $ 375 $ 427 $ 627
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 202 210 204
Provision (credit) for deferred income tax 140 46 (10)
Net (gain) loss on sales of property and investments (6) (271) 6
Restructuring and asset related charges - net 1 15 79
Net periodic pension benefit cost (credit) (5) 56 52
Pension contributions (549) (2) (2)
Gain (Loss) on Extinguishment of Debt 0 19 0
Other Noncash Expense 11 0 0
Changes in assets and liabilities:      
Accounts and notes receivable (22) (6) 13
Related company receivables (24) (194) 105
Inventories (48) 33 23
Accounts payable 132 28 (51)
Related company payables 210 24 (121)
Asbestos-related payments (82) (67) (95)
Other assets and liabilities 71 (42) (82)
Cash provided by operating activities 406 276 748
Investing Activities      
Capital expenditures (121) (135) (196)
Change in noncurrent receivable from related company (2) 0 (13)
Proceeds from sales of property 7 330 21
Proceeds from sales of investments 0 0 4
Cash provided by (used for) investing activities (116) 195 (184)
Financing Activities      
Dividends paid to parent (288) (362) (570)
Changes in short-term notes payable 0 (6) 5
Payments on long-term debt (2) (84) (1)
Payments of Financing Costs 0 (19) 0
Cash used for financing activities (290) (471) (566)
Summary      
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 0 0 (2)
Cash and cash equivalents at beginning of year 11 11 13
Cash and cash equivalents at end of year $ 11 $ 11 $ 11