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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Statement of Cash Flows [Abstract]    
Net income attributable to Union Carbide Corporation $ 298 $ 475
Depreciation and amortization 132 150
Provision (credit) for deferred income tax (1) 8
Net gain on sales of property and investments 1 1
Restructuring and asset related charges - net 14 0
Net periodic pension benefit cost 29 6
Pension contributions (2) (2)
Other Noncash Income (Expense) 1 2
Accounts and notes receivable 19 2
Related company receivables 178 297
Inventories 8 (37)
Accounts payable 109 (37)
Related company payables (10) (69)
Asbestos-related payments (63) (58)
Increase (Decrease) in Other Operating Assets and Liabilities, Net 7 128
Cash provided by operating activities 716 860
Capital expenditures (203) (91)
Change in noncurrent receivable from related company 6 (1)
Proceeds from Sales of Business, Affiliate and Productive Assets 2 1
Proceeds from sales of investments 7 0
Cash used for investing activities (188) (91)
Dividends paid to parent (394) (768)
Changes in short-term notes payable (2) 0
Repayments of Long-term Debt 132 2
Cash used for financing activities (528) (770)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 0 (1)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance 10 11
Cash and cash equivalents at end of period $ 10 $ 10