
	December 31,
(In millions)	2021		2020
Equity method investments	$	660	$	1,140
Receivables due after one year, less allowance of $4 and $5	31		34
Other	3		3
Total	$	694	$	1,177

Summarized financial information of all investees accounted for by the equity method of accounting is as follows (amounts represent 100% of investee financial information):


(In millions)	2021		2020		2019
Income data – year ended December 31:
Net Sales	$	2,229	$	2,485	$	2,528
Operating income	376		12		253
Net earnings	346		(124)		235
Balance sheet date – December 31:
Current Assets	$	744	$	960	$	1,144
Noncurrent Assets	1,084		3,101		2,976
Current liabilities	293		419		573
Noncurrent Liabilities	529		3,063		2,542

U. S. Steel's portion of the income (loss) from investees reflected on the Consolidated Statements of Operations was $170 million, $(117) million and $79 million for the years ended December 31, 2021, 2020 and 2019, respectively.

All of our significant investees are located in the U.S. Investees accounted for using the equity method include:


Investee	December 31, 2021 Interest
Chrome Deposit Corporation	50	%
Daniel Ross Bridge, LLC	50	%
Double G Coatings Company, Inc.	50	%
Hibbing Development Company	24.1	%
Hibbing Taconite Company(a)	14.7	%
Patriot Premium Threading Services, LLC	50	%
PRO-TEC Coating Company, LLC	50	%
Strategic Investment Fund Partners II(b)	5.2	%
Worthington Specialty Processing	49	%

(a)Hibbing Taconite Company (Hibbing) is an unincorporated joint venture that is owned, in part, by Hibbing Development Company (HDC), which is accounted for using the equity method. Through HDC we are able to influence the activities of HTC, and as such, its activities are accounted for using the equity method.

(b)Strategic Investment Fund Partners II is a limited partnership and in accordance with ASC Topic 323, the financial activities are accounted for using the equity method.

In 2020, we recognized pre-tax gains on equity investee transactions of approximately $6 million on the sale of our 49 percent ownership interest in Feralloy Processing Company and $25 million for the step-up to fair value of our previously held investment in UPI.

Dividends or partnership distributions received from equity investees were $2 million in 2021. There were none received in 2020 and $5 million received in 2019, respectively.

U. S. Steel evaluates impairment of its equity method investments whenever circumstances indicate that a decline in value below carrying value is other than temporary. Under these circumstances, we would adjust the investment down to its estimated fair value, which then becomes its new carrying value.