Investment in Nonconsolidated Affiliates (Tables)

9 Months Ended

Sep. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

The Company's ownership interest in affiliates accounted for under the equity method is as follows:


	September 30, 2020		December 31, 2019
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. (U.S.)	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, 2020 and December 31, 2019 is as follows:


	September 30, 2020		December 31, 2019
Investments in nonconsolidated affiliates	$	541	$	518

The following table represents the activity from the Company's investments in its nonconsolidated affiliates for the three and nine months ended September 30, 2020 and 2019:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Equity in earnings (losses) of nonconsolidated affiliates, net of tax	$	9	$	1	$	26	$	34
Cash dividends received from nonconsolidated affiliates	$	—	$	18	$	18	$	45

The following tables present summarized aggregated financial information of the Company's nonconsolidated affiliates for the three and nine months ended September 30, 2020 and 2019. The amounts represent 100% of the interest in the nonconsolidated affiliates and not the Company's proportionate share:


	Three Months Ended September 30, 2020
Statements of Income	Otomotiv A.S.		Anqing TP Goetze		Other		Total
Sales	$	73	$	72	$	140	$	285
Gross profit	$	21	$	17	$	27	$	65
Income from continuing operations	$	16	$	18	$	9	$	43
Net income	$	11	$	16	$	8	$	35


	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, 2020
Statements of Income	Otomotiv A.S.		Anqing TP Goetze		Other		Total
Sales	$	193	$	113	$	286	$	592
Gross profit	$	53	$	28	$	53	$	134
Income from continuing operations	$	43	$	29	$	20	$	92
Net income	$	34	$	26	$	16	$	76


	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