<ARTICLE> 5 <LEGEND> This schedule contains restated summary financial information extracted from Union Carbide Corporation's Quarterly Reports on Form 10-Q for the three months ended March 31, 1997, the six months ended June 30, 1997 and the nine months ended 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> 3-MOS 6-MOS 9-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> MAR-31-1997 JUN-30-1997 SEP-30-1997 <CASH> 175 72 86 <SECURITIES> 0 0 0 <RECEIVABLES> 1082 1079 1064 <ALLOWANCES> 0 0 0 <INVENTORY> 553 544 556 <CURRENT-ASSETS> 2028 1923 1954 <PP&E> 7274 7424 7577 <DEPRECIATION> 3809 3855 3886 <TOTAL-ASSETS> 6795 6770 6975 <CURRENT-LIABILITIES> 1221 1131 1306 <BONDS> 1494 1467 1459 <PREFERRED-MANDATORY> 140 140 138 <PREFERRED> 0 0 0 <COMMON> 155 155 155 <OTHER-SE> 1972 2053 2063 <TOTAL-LIABILITY-AND-EQUITY> 6795 6770 6975 <SALES> 1638 3304 4963 <TOTAL-REVENUES> 1638 3304 4963 <CGS> 1231 2451 3650 <TOTAL-COSTS> 1231 2451 3650 <OTHER-EXPENSES> 122<F1> 250<F1> 374<F1> <LOSS-PROVISION> 0 0 0 <INTEREST-EXPENSE> 19 38 57 <INCOME-PRETAX> 228 500 772 <INCOME-TAX> 66 145 228 <INCOME-CONTINUING> 157 348 529 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 157 348 529 <EPS-PRIMARY> 1.17<F2> 2.63<F2> 3.97<F2> <EPS-DILUTED> 1.03<F2> 2.31<F2> 3.49<F2> <FN> <F1>Other expenses for the three months ended March 31, 1997 are equal to research and development of 40 and depreciation and amortization of 82. Other expenses for the six months ended June 30, 1997 are equal to research and development of 81 and depreciation and amortization of 169. 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 deiluted earnings per share, computed in accordance with Statement of Financial Accounting Standards No. 128 "Earnings Per Share." </FN>