Related Party Disclosures (Tables)

9 Months Ended

Sep. 30, 2023

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

The following table summarizes UCC’s transactions with TDCC and a TDCC subsidiary related to product and services agreements for the three and nine months ended September 30, 2023 and 2022:

Product and Services Agreements Transactions	Three Months Ended				Nine Months Ended
	Sep 30, 2023		Sep 30, 2022		Sep 30, 2023		Sep 30, 2022		Income Statement Classification
In millions
TDCC Subsidiary:
Commodity and raw material purchases 1	$	286	$	518	$	867	$	1,586	Cost of sales
Commission expense	$	5	$	5	$	15	$	15	Sundry income (expense) - net
TDCC:
General administrative and overhead type services and service fee	$	17	$	16	$	51	$	48	Sundry income (expense) - net
Activity-based costs 2	$	23	$	24	$	74	$	66	Cost of sales

1.Period-end balances on hand are included in inventory. The decrease in purchase costs was primarily due to lower feedstock and energy costs and lower production.

2.The year-to-date increase in activity-based costs was primarily due to labor expense for engineering related to capital investment activity on the U.S. Gulf Coast.

Dividends Declared

The following table summarizes cash dividends declared and paid to TDCC for the three and nine months ended September 30, 2023 and 2022:

Cash Dividends Declared and Paid	Three Months Ended				Nine Months Ended
	Sep 30, 2023		Sep 30, 2022		Sep 30, 2023		Sep 30, 2022
In millions
Cash dividends declared and paid	$	144	$	247	$	394	$	768