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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net trade sales $ 47 $ 34 $ 75 $ 66
Net sales to related companies 992 1,327 2,242 2,613
Total Net Sales 1,039 1,361 2,317 2,679
Cost of sales 902 948 1,852 2,040
Research and development expenses 7 5 13 10
Selling, general and administrative expenses 0 2 2 4
Restructuring and asset related charges - net 1 1 2 2
Integration and separation costs 1 1 2 1
Sundry income (expense) - net (18) (14) (39) (28)
Interest Income, Other 10 6 19 12
Interest expense and amortization of debt discount 7 6 14 13
Income before income taxes 113 390 412 593
Provision for income taxes 3 84 57 122
Net Income Attributable to Union Carbide Corporation 110 306 355 471
Depreciation 42 43 85 88
Capital Expenditures $ 45 $ 57 $ 105 $ 101