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Investment in Nonconsolidated Affiliates (Tables)
9 Months Ended
Sep. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments

The following tables present summarized aggregated financial information of the Company's nonconsolidated affiliates for the three and nine months ended September 30, 2019. The amounts represent 100% of the interest in the nonconsolidated affiliates and not the Company's proportionate share:
 
Three Months Ended September 30, 2019
Statements of Income
Otomotiv A.S.
 
Anqing TP Goetze
 
Other
 
Total
Sales
$
85

 
$
33

 
$
115

 
$
233

Gross profit
$
18

 
$
8

 
$
20

 
$
46

Income from continuing operations
$
13

 
$
8

 
$
11

 
$
32

Net income
$
12

 
$
7

 
$
9

 
$
28


 
Nine Months Ended September 30, 2019
Statements of Income
Otomotiv A.S.
 
Anqing TP Goetze
 
Other
 
Total
Sales
$
261

 
$
111

 
$
360

 
$
732

Gross profit
$
61

 
$
34

 
$
66

 
$
161

Income from continuing operations
$
49

 
$
28

 
$
35

 
$
112

Net income
$
51

 
$
25

 
$
31

 
$
107


The Company's ownership interest in affiliates accounted for under the equity method is as follows:
 
September 30, 2019
 
December 31, 2018
Anqing TP Goetze Piston Ring Company Limited (China)
35.7
%
 
35.7
%
Anqing TP Powder Metallurgy Co., Ltd (China)
20.0
%
 
20.0
%
Dongsuh Federal-Mogul Industrial Co. Ltd. (Korea)
50.0
%
 
50.0
%
Farloc Argentina SAIC Y F (Argentina)
23.9
%
 
23.9
%
Federal-Mogul Powertrain Otomotiv A.S. (Turkey)
50.0
%
 
50.0
%
Federal-Mogul TP Liner Europe Otomotiv Ltd. Sti. (Turkey)
25.0
%
 
25.0
%
Federal-Mogul TP Liners, Inc. (USA)
46.0
%
 
46.0
%
Frenos Hidraulicos Automotrices, S.A. de C.V. (Mexico)
49.0
%
 
49.0
%
JURID do Brasil Sistemas Automotivos Ltda. (Brazil)
19.9
%
 
19.9
%
KB Autosys Co., Ltd. (Korea)
33.6
%
 
33.6
%
Montagewerk Abgastechnik Emden GmbH (Germany)
50.0
%
 
50.0
%

The Company's investments in its nonconsolidated affiliates at September 30, 2019 and December 31, 2018 was:
 
September 30, 2019
 
December 31, 2018
Investments in nonconsolidated affiliates
$
505

 
$
544


The following table represents the activity from the Company's investments in its nonconsolidated affiliates for the three and nine months ended September 30, 2019 and 2018:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Equity in earnings (losses) of nonconsolidated affiliates, net of tax
$
1

 
$

 
$
34

 
$

Cash dividends received from nonconsolidated affiliates
$
18

 
$

 
$
45

 
$