<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Union Carbide Corporation's Form 10-Q for the quarter ended September 30, 1998, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000100790 <NAME> UNION CARBIDE CORPORATION <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 45 <SECURITIES> 0 <RECEIVABLES> 920 <ALLOWANCES> 0 <INVENTORY> 602 <CURRENT-ASSETS> 1851 <PP&E> 8209 <DEPRECIATION> 4144 <TOTAL-ASSETS> 7075 <CURRENT-LIABILITIES> 1408 <BONDS> 1703 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 155 <OTHER-SE> 2217 <TOTAL-LIABILITY-AND-EQUITY> 7075 <SALES> 4370 <TOTAL-REVENUES> 4370 <CGS> 3284 <TOTAL-COSTS> 3284 <OTHER-EXPENSES> 395<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 84 <INCOME-PRETAX> 541 <INCOME-TAX> 168 <INCOME-CONTINUING> 336 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 336 <EPS-PRIMARY> 2.47<F2> <EPS-DILUTED> 2.41<F2> <FN> <F1>Other expenses ae equal to research and development of 107 and depreciation and amortization of 288. <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." </FN>