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Consolidated Statements of Income (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net trade sales $ 186 $ 168 $ 165
Net sales to related companies 6,694 6,337 4,899
Total Net Sales 6,880 6,505 5,064
Cost of sales 6,493 5,940 4,457
Research and development expenses 47 43 48
Selling, general and administrative expenses 10 13 10
Restructuring charges 0 2 161
Asbestos-related credit 0 54 0
Equity in earnings of nonconsolidated affiliates 69 50 45
Sundry income (expense) - net (96) (10) 479
Interest income 33 55 65
Interest expense and amortization of debt discount 34 37 42
Income Before Income Taxes 302 619 935
Provision for income taxes 87 160 239
Net Income Attributable to Union Carbide Corporation $ 215 $ 459 $ 696