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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Net trade sales $ 28 $ 32
Net sales to related companies 1,250 1,286
Total Net Sales 1,278 1,318
Cost of sales 950 1,092
Research and development expenses 6 5
Selling, general and administrative expenses 2 2
Restructuring and asset related charges - net 1 1
Integration and separation costs 1 0
Sundry income (expense) - net (12) (8)
Interest expense and amortization of debt discount 7 7
Income before income taxes 299 203
Provision for income taxes 54 38
Net Income Attributable to Union Carbide Corporation 245 165
Depreciation 43 45
Capital Expenditures $ 60 $ 44