XML 14 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net trade sales $ 57 $ 26
Net sales to related companies 1,266 1,186
Total Net Sales 1,323 1,212
Cost of sales 1,041 833
Research and development expenses 2 4
Selling, general and administrative expenses 2 2
Equity in earnings of nonconsolidated affiliate 0 2
Sundry income (expense) - net (12) (13)
Interest income 4 3
Interest expense and amortization of debt discount 7 6
Income Before Income Taxes 263 359
Provision for income taxes 90 119
Net Income Attributable to Union Carbide Corporation 173 240
Depreciation 45 40
Capital Expenditures $ 50 $ 53