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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net trade sales $ 31 $ 39 $ 106 $ 105
Net sales to related companies 1,028 1,385 3,270 3,998
Total Net Sales 1,059 1,424 3,376 4,103
Cost of sales 854 1,062 2,706 3,102
Research and development expenses 6 4 19 14
Selling, general and administrative expenses 2 1 4 5
Restructuring and asset related charges - net 77 1 79 3
Integration and separation costs 0 1 2 2
Sundry income (expense) - net (19) (20) (58) (48)
Interest Income, Other 9 8 28 20
Interest expense and amortization of debt discount 7 9 21 22
Income before income taxes 103 334 515 927
Provision for income taxes (19) 62 38 184
Net Income Attributable to Union Carbide Corporation 122 272 477 743
Depreciation 43 49 128 137
Capital Expenditures $ 40 $ 73 $ 145 $ 174