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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net trade sales $ 39 $ 31 $ 105 $ 113
Net sales to related companies 1,385 1,184 3,998 3,722
Total Net Sales 1,424 1,215 4,103 3,835
Cost of sales 1,062 994 3,102 3,061
Research and development expenses 4 4 14 14
Selling, general and administrative expenses 1 1 5 4
Restructuring and asset related charges - net 1 8 3 10
Integration and separation costs 1 1 2 1
Sundry income (expense) - net (12) (5) (28) 11
Interest expense and amortization of debt discount 9 6 22 20
Income before income taxes 334 196 927 736
Provision for income taxes 62 152 184 337
Net Income Attributable to Union Carbide Corporation 272 44 743 399
Depreciation 49 45 137 132
Capital Expenditures $ 73 $ 47 $ 174 $ 145