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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Statement of Cash Flows [Abstract]    
Net income attributable to Union Carbide Corporation $ 273 $ 477
Depreciation and amortization 159 148
Provision (credit) for deferred income tax 3 (23)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property (87) 1
Restructuring and asset related charges - net 15 79
Net periodic pension benefit cost 41 39
Pension contributions (2) (2)
Gain (Loss) on Extinguishment of Debt 19 0
Accounts and notes receivable 11 7
Related company receivables (29) 39
Inventories 15 34
Accounts payable 14 (58)
Related company payables (76) (195)
Asbestos-related payments (49) (68)
Increase (Decrease) in Other Operating Assets and Liabilities, Net (21) 14
Cash provided by operating activities 286 492
Capital expenditures (99) (145)
Change in noncurrent receivable from related company 0 (13)
Proceeds from Sales of Business, Affiliate and Productive Assets 98 1
Proceeds from sales of investments 0 3
Cash used for investing activities (1) (154)
Dividends paid to parent (187) (338)
Changes in short-term notes payable 5 1
Repayments of Long-term Debt (84) (1)
Payments of Financing Costs (19) 0
Cash used for financing activities (285) (338)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 0 0
Cash and cash equivalents $ 11 $ 13