Investment in Nonconsolidated Affiliates (Tables)

9 Months Ended

Sep. 30, 2021

Equity Method Investments and Joint Ventures [Abstract]

The following tables present summarized aggregated financial information of the Company’s nonconsolidated affiliates. The amounts represent 100% of the interest in the nonconsolidated affiliates and not the Company’s proportionate share:


	Three Months Ended September 30,
	2021								2020
Statements of Income	Otomotiv A.S.		Anqing TP Goetze		Other		Total		Otomotiv A.S.		Anqing TP Goetze		Other		Total
Sales	$	76	$	46	$	95	$	217	$	73	$	72	$	140	$	285
Gross profit	$	19	$	12	$	19	$	50	$	21	$	17	$	27	$	65
Income from continuing operations	$	17	$	12	$	7	$	36	$	16	$	18	$	9	$	43
Net income	$	12	$	10	$	4	$	26	$	11	$	16	$	8	$	35


	Nine Months Ended September 30,
	2021								2020
Statements of Income	Otomotiv A.S.		Anqing TP Goetze		Other		Total		Otomotiv A.S.		Anqing TP Goetze		Other		Total
Sales	$	272	$	147	$	343	$	762	$	193	$	113	$	286	$	592
Gross profit	$	83	$	40	$	70	$	193	$	53	$	28	$	53	$	134
Income from continuing operations	$	74	$	40	$	37	$	151	$	43	$	29	$	20	$	92
Net income	$	63	$	35	$	28	$	126	$	34	$	26	$	16	$	76

The following table is a summary of transactions with the Company's nonconsolidated affiliates:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Net sales	$	18	$	26	$	58	$	63
Purchases	$	87	$	80	$	310	$	205
Royalty and other income (expense)	$	2	$	8	$	9	$	15

The following table is a summary of amounts due to and from the Company's nonconsolidated affiliates:


	September 30, 2021		December 31, 2020
Receivables	$	10	$	17
Payables and accruals	$	65	$	86