<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS RESTATED SUMMARY FINANCIAL INFORMATION EXTRACTED FROM UNION CARBIDE CORPORATION'S FORMS 10-Q FOR THE QUARTERS ENDED MARCH 31, 1997, JUNE 30, 1997 AND SEPTEMBER 30, 1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <CIK> 0000100790 <NAME> UNION CARBIDE CORPORATION <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS 6-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 DEC-31-1997 <PERIOD-START> JAN-01-1997 JAN-01-1997 JAN-01-1997 <PERIOD-END> SEP-30-1997 JUN-30-1997 MAR-31-1997 <CASH> 132 115 214 <SECURITIES> 0 0 0 <RECEIVABLES> 1064 1079 1082 <ALLOWANCES> 0 0 0 <INVENTORY> 556 544 553 <CURRENT-ASSETS> 1954 1923 2028 <PP&E> 7577 7424 7274 <DEPRECIATION> 3886 3855 3809 <TOTAL-ASSETS> 6975 6770 6795 <CURRENT-LIABILITIES> 1306 1131 1221 <BONDS> 1459 1467 1494 <PREFERRED-MANDATORY> 138 140 140 <PREFERRED> 0 0 0 <COMMON> 155 155 155 <OTHER-SE> 2063 2053 1972 <TOTAL-LIABILITY-AND-EQUITY> 6975 6770 6795 <SALES> 4963 3304 1638 <TOTAL-REVENUES> 4963 3304 1638 <CGS> 3650 2451 1231 <TOTAL-COSTS> 3650 2451 1231 <OTHER-EXPENSES> 374<F1> 250<F3> 122<F4> <LOSS-PROVISION> 0 0 0 <INTEREST-EXPENSE> 57 38 19 <INCOME-PRETAX> 772 500 228 <INCOME-TAX> 228 145 66 <INCOME-CONTINUING> 529 348 157 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 529 348 157 <EPS-PRIMARY> 3.97<F2> 2.63<F2> 1.17<F2> <EPS-DILUTED> 3.49<F2> 2.31<F2> 1.03<F2> <FN> <F1>OTHER EXPENSES FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1997 ARE EQUAL TO RESEARCH AND DEVELOPMENT OF 118 AND DEPRECIATION AND AMORTIZATION OF 256. <F2>THE EPS-PRIMARY AMOUNT REPRESENTS BASIC EARNINGS PER SHARE AND THE EPS-DILUTED AMOUNT REPRESENTS DILUTED EARNINGS PER SHARE, COMPUTED IN ACCORDANCE WITH STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 128, "EARNINGS PER SHARE". <F3>OTHER EXPENSES FOR THE SIX MONTHS ENDED JUNE 30, 1997 ARE EQUAL TO RESEARCH AND DEVELOPMENT OF 81 AND DEPRECIATION AND AMORTIZATION OF 169. <F4>OTHER EXPENSES FOR THE THREE MONTHS ENDED MARCH 31, 1997 ARE EQUAL TO RESEARCH AND DEVELOPMENT OF 40 AND DEPRECIATION AND AMORTIZATION OF 82. </FN>