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Consolidated Statements of Income (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net trade sales $ 54 $ 45
Net sales to related companies 1,674 1,566
Total Net Sales 1,728 1,611
Cost of sales 1,658 1,429
Research and development expenses 10 10
Selling, general and administrative expenses 3 2
Restructuring charges 3 0
Equity in earnings of nonconsolidated affiliates 17 17
Sundry income (expense) - net (13) (30)
Interest income 5 11
Interest expense and amortization of debt discount 7 9
Income Before Income Taxes 56 159
Provision for income taxes 19 53
Net Income Attributable to Union Carbide Corporation 37 106
Depreciation 58 62
Capital Expenditures $ 37 $ 28