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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 30 $ 18
Accounts receivable:    
Trade (net of allowance for doubtful receivables - 2013: $-; 2012: $-) 40 35
Related companies 398 330
Other 178 86
Notes receivable from related companies 1,949 2,346
Inventories 432 420
Deferred income taxes and other current assets 88 95
Total current assets 3,115 3,330
Investments    
Investments in related companies 839 840
Investments in nonconsolidated affiliates 139 106
Other investments 8 8
Noncurrent receivables 0 45
Noncurrent receivables from related companies 171 189
Total investments 1,157 1,188
Property    
Property 7,102 7,211
Less accumulated depreciation 5,825 5,877
Net property 1,277 1,334
Other Assets    
Intangible assets (net of accumulated amortization 2013: $73; 2012: $72) 8 7
Deferred income tax assets - noncurrent 815 775
Asbestos related insurance receivables noncurrent 163 155
Deferred charges and other assets 52 49
Total other assets 1,038 986
Total Assets 6,587 6,838
Current Liabilities    
Notes payable related companies 47 40
Accounts payable:    
Trade 271 299
Related companies 351 411
Other 25 15
Income taxes payable 77 59
Asbestos related liabilities current 97 85
Accrued and other current liabilities 165 146
Total current liabilities 1,033 1,055
Long Term Debt 471 471
Other Noncurrent Liabilities    
Pension and other postretirement benefits - noncurrent 1,168 1,270
Asbestos related liabilities noncurrent 497 530
Other noncurrent obligations 102 188
Total other noncurrent liabilities 1,767 1,988
Stockholder's Equity    
Common stock (authorized and issued: 1,000 shares of $0.01 par value each) 0 0
Additional paid-in capital 312 312
Retained earnings 4,318 4,355
Accumulated other comprehensive loss (1,316) (1,345)
Union Carbide Corporation's stockholder's equity 3,314 3,322
Noncontrolling interests 2 2
Total equity 3,316 3,324
Total Liabilities and Equity $ 6,587 $ 6,838