UNION CARBIDE CORP /NEW/ Financial Statements (2025 and earlier)
Company Profile
| Business Address |
7501 STATE HIGHWAY 185 NORTH SEADRIFT, TX 77983 |
| State of Incorp. | NY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 286 - Industrial Organic Chemicals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 11,000 | 11,000 | 10,000 | 11,000 | 11,000 | 11,000 | |||
| Cash and cash equivalent | 11,000 | 11,000 | 10,000 | 11,000 | 11,000 | 11,000 | |||
| Receivables | 58,000 | 254,000 | 1,209,000 | 1,343,000 | 2,023,000 | 1,868,000 | |||
| Inventory, net of allowances, customer advances and progress billings | 296,000 | 227,000 | 256,000 | 250,000 | 223,000 | 247,000 | |||
| Inventory | 296,000 | 227,000 | 256,000 | 250,000 | 223,000 | 247,000 | |||
| Other current assets | 31,000 | 36,000 | 38,000 | 41,000 | 17,000 | 20,000 | |||
| Other undisclosed current assets | 1,457,000 | 1,513,000 | 790,000 | 1,423,000 | 725,000 | 675,000 | |||
| Total current assets: | 1,853,000 | 2,041,000 | 2,303,000 | 3,068,000 | 2,999,000 | 2,821,000 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 15,000 | 12,000 | |||||||
| Operating lease, right-of-use asset | 61,000 | 85,000 | 107,000 | 122,000 | 123,000 | 89,000 | |||
| Property, plant and equipment | 1,121,000 | 894,000 | 1,182,000 | 1,208,000 | 1,265,000 | 1,369,000 | |||
| Long-term investments and receivables, including: | 1,922,000 | 1,949,000 | 412,000 | 410,000 | 449,000 | 444,000 | |||
| Due from related parties | ✕ | ✕ | ✕ | 61,000 | 68,000 | 66,000 | 66,000 | ||
| Long-term investments | 249,000 | 252,000 | 260,000 | 259,000 | 259,000 | 260,000 | |||
| Accounts and financing receivable, after allowance for credit loss | 31,000 | 99,000 | 91,000 | 83,000 | 124,000 | 118,000 | |||
| Other undisclosed long-term investments and receivables | 1,642,000 | 1,598,000 | |||||||
| Intangible assets, net (including goodwill) | 6,000 | 7,000 | 9,000 | 13,000 | 16,000 | 22,000 | |||
| Intangible assets, net (excluding goodwill) | 6,000 | 7,000 | 9,000 | 13,000 | 16,000 | 22,000 | |||
| Other noncurrent assets | 17,000 | 39,000 | 37,000 | 47,000 | 29,000 | 26,000 | |||
| Other undisclosed noncurrent assets | 253,000 | 257,000 | 239,000 | 288,000 | 479,000 | 495,000 | |||
| Total noncurrent assets: | 3,380,000 | 3,231,000 | 1,986,000 | 2,088,000 | 2,376,000 | 2,457,000 | |||
| TOTAL ASSETS: | 5,233,000 | 5,272,000 | 4,289,000 | 5,156,000 | 5,375,000 | 5,278,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 523,000 | 444,000 | 478,000 | 585,000 | 419,000 | 379,000 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 25,000 | 23,000 | 25,000 | ||
| Accounts payable | 366,000 | 298,000 | 300,000 | 389,000 | 257,000 | 228,000 | |||
| Accrued liabilities | 157,000 | 146,000 | 178,000 | 171,000 | 139,000 | 126,000 | |||
| Debt | 126,000 | 1,000 | 132,000 | 3,000 | 2,000 | 1,000 | |||
| Due to related parties | ✕ | ✕ | ✕ | 51,000 | 30,000 | 33,000 | 32,000 | ||
| Other undisclosed current liabilities | 579,000 | 586,000 | 526,000 | 727,000 | 513,000 | 513,000 | |||
| Total current liabilities: | 1,228,000 | 1,031,000 | 1,187,000 | 1,345,000 | 967,000 | 925,000 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 143,000 | 259,000 | 262,000 | 392,000 | 391,000 | 473,000 | |||
| Finance lease, liability | 5,000 | 5,000 | |||||||
| Other undisclosed long-term debt and lease obligation | 143,000 | 259,000 | 262,000 | 289,000 | 281,000 | 394,000 | |||
| Liabilities, other than long-term debt, including: | 1,676,000 | 1,817,000 | 1,496,000 | 1,755,000 | 2,659,000 | 2,482,000 | |||
| Liability, pension and other postretirement and postemployment benefits | 402,000 | 395,000 | 298,000 | 491,000 | 1,340,000 | 1,154,000 | |||
| Other liabilities | 512,000 | 567,000 | 254,000 | 230,000 | 201,000 | 194,000 | |||
| Operating lease, liability | 49,000 | 68,000 | 87,000 | 103,000 | 105,000 | 74,000 | |||
| Other undisclosed liabilities, other than long-term debt | 713,000 | 787,000 | 857,000 | 1,034,000 | 1,118,000 | 1,134,000 | |||
| Total noncurrent liabilities: | 1,819,000 | 2,076,000 | 1,758,000 | 2,147,000 | 3,050,000 | 2,955,000 | |||
| Total liabilities: | 3,047,000 | 3,107,000 | 2,945,000 | 3,492,000 | 4,017,000 | 3,880,000 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,186,000 | 2,165,000 | 1,344,000 | 1,664,000 | 1,358,000 | 1,398,000 | |||
| Additional paid in capital | 1,034,000 | 1,034,000 | 141,000 | 141,000 | 141,000 | 141,000 | |||
| Accumulated other comprehensive loss | (1,344,000) | (1,343,000) | (1,402,000) | (1,551,000) | (1,770,000) | (1,665,000) | |||
| Retained earnings | 2,496,000 | 2,474,000 | 2,605,000 | 3,074,000 | 2,987,000 | 2,922,000 | |||
| Total equity: | 2,186,000 | 2,165,000 | 1,344,000 | 1,664,000 | 1,358,000 | 1,398,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,233,000 | 5,272,000 | 4,289,000 | 5,156,000 | 5,375,000 | 5,278,000 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,277,000 | 4,296,000 | 5,449,000 | 5,105,000 | 3,703,000 | 138,000 | ||
| Revenue from related parties | ✕ | ✕ | ✕ | 5,258,000 | 4,951,000 | 3,574,000 | 4,239,000 | |
| Cost of revenue | (3,968,000) | (3,804,000) | (4,586,000) | (4,463,000) | (3,245,000) | (3,500,000) | ||
| Gross profit: | 309,000 | 492,000 | 863,000 | 642,000 | 458,000 | (3,362,000) | ||
| Operating expenses | (68,000) | (55,000) | (42,000) | (86,000) | 161,000 | (215,000) | ||
| Other operating income (expense), net | (110,000) | (25,000) | (53,000) | (53,000) | 168,000 | (82,000) | ||
| Operating income (loss): | 131,000 | 412,000 | 768,000 | 503,000 | 787,000 | (3,659,000) | ||
| Nonoperating income (Investment Income, Nonoperating) | 5,000 | |||||||
| Interest and debt expense | 10,000 | (19,000) | ||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 131,000 | 422,000 | 768,000 | 503,000 | 768,000 | (3,654,000) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 166,000 | 32,000 | (2,000) | 26,000 | (211,000) | 4,345,000 | ||
| Income (loss) from continuing operations before income taxes: | 297,000 | 454,000 | 766,000 | 529,000 | 557,000 | 691,000 | ||
| Income tax expense (benefit) | (47,000) | (73,000) | (172,000) | (154,000) | (130,000) | (64,000) | ||
| Income (loss) from continuing operations: | 250,000 | 381,000 | 594,000 | 375,000 | 427,000 | 627,000 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 375,000 | 427,000 | 627,000 | |
| Net income (loss) available to common stockholders, diluted: | 250,000 | 381,000 | 594,000 | 375,000 | 427,000 | 627,000 | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 250,000 | 381,000 | 594,000 | 375,000 | 427,000 | 627,000 | ||
| Other comprehensive income (loss) | (1,000) | 59,000 | 149,000 | 219,000 | (105,000) | (104,000) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 249,000 | 440,000 | 743,000 | 594,000 | 322,000 | 523,000 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.