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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net trade sales $ 147 $ 191 $ 154
Net sales to related companies 4,149 5,258 4,951
Total net sales 4,296 5,449 5,105
Cost of sales 3,804 4,586 4,463
Research and development expenses 22 26 25
Selling, general and administrative expenses 10 10 9
Restructuring Charges 14 0 1
Total sundry income (expense) - net (25) (53) (53)
Interest Income, Other 49 18 2
Interest expense and amortization of debt discount 16 26 27
Income Before Income Taxes 454 766 529
Provision (Credit) for income taxes 73 172 154
Net Income Attributable to Union Carbide Corporation $ 381 $ 594 $ 375