<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Union Carbide Corporation's Form 10-Q/A for the quarter ended March 31, 1999, 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 <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-31-1999 <PERIOD-END> MAR-31-1999 <CASH> 33 <SECURITIES> 0 <RECEIVABLES> 997 <ALLOWANCES> 0 <INVENTORY> 571 <CURRENT-ASSETS> 1874 <PP&E> 8509 <DEPRECIATION> 4290 <TOTAL-ASSETS> 7292 <CURRENT-LIABILITIES> 1434 <BONDS> 1796 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 156 <OTHER-SE> 2271 <TOTAL-LIABILITY-AND-EQUITY> 7292 <SALES> 1402 <TOTAL-REVENUES> 1402 <CGS> 1032 <TOTAL-COSTS> 1032 <OTHER-EXPENSES> 141<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 31 <INCOME-PRETAX> 148 <INCOME-TAX> 38 <INCOME-CONTINUING> 77 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 20 <NET-INCOME> 57 <EPS-BASIC> 0.43 <EPS-DILUTED> 0.42 <FN> <F1>Other expenses are equal to research and development of 37 and depreciation and amortization of 104. </FN>