RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2022

The following table summarizes UCC’s transactions with TDCC and a TDCC subsidiary related to product and services agreements for the years ended December 31, 2022, 2021 and 2020:


Product and Services Agreements Transactions	2022		2021		2020		Income Statement
In millions							Classification
TDCC Subsidiary:
Commodity and raw materials purchases 1	$	1,909	$	1,915	$	1,021	Cost of sales
Commission expense	$	19	$	21	$	22	Sundry income (expense) - net
TDCC:
General administrative and overhead type services and service fee 2	$	65	$	63	$	31	Sundry income (expense) - net
Activity-based costs	$	89	$	74	$	87	Cost of sales

1.Period-end balances on hand are included in inventory. The increase in purchase costs from 2020 was primarily due to higher feedstock and energy costs.

2.The increase in services and fees from 2020 resulted from TDCC's periodic review of the actual cost of services provided to UCC in accordance with related agreements.

Dividends Declared

The following table summarizes cash dividends declared and paid to TDCC for the years ended 2022, 2021 and 2020:


Cash Dividends Declared and Paid	2022		2021		2020
In millions

Cash dividends declared and paid	$	1,063	$	288	$	362