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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net trade sales $ 32 $ 57
Net sales to related companies 1,286 1,266
Total Net Sales 1,318 1,323
Cost of sales 1,092 1,042
Research and development expenses 5 2
Selling, general and administrative expenses 2 2
Restructuring and asset related charges - net 1 0
Sundry income (expense) - net (8) (7)
Interest expense and amortization of debt discount 7 7
Income before income taxes 203 263
Provision for income taxes 38 90
Net Income Attributable to Union Carbide Corporation 165 173
Depreciation 45 45
Capital Expenditures $ 44 $ 50