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Investments in Affiliates
12 Months Ended
Dec. 31, 2017
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Investments in Affiliates
Investments in Affiliates
Entities in which the Company has an investment accounted for under the cost or equity method of accounting are considered affiliates; any transactions or balances with such companies are considered affiliate transactions.
Equity Method
Equity method investments and ownership interests by business segment are as follows:
 
Ownership
as of
December 31,
 
Carrying
Value as of
December 31,
 
Share of
Earnings (Loss)
Year Ended
December 31,
 
Dividends and
Other Distributions Year Ended
December 31,
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
2015
 
2017
 
2016
 
2015
 
(In percentages)
 
(In $ millions)
Advanced Engineered Materials
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ibn Sina
25
 
25
 
178

 
113

 
58

 
38

 
88

 
(1
)
 
(18
)
 
(98
)
InfraServ GmbH & Co. Hoechst KG(1)
32
 
 
139

 

 
19

 

 

 
(26
)
 

 

Fortron Industries LLC
50
 
50
 
111

 
100

 
17

 
9

 
11

 
(6
)
 
(9
)
 
(8
)
Korea Engineering Plastics Co., Ltd.
50
 
50
 
155

 
137

 
25

 
25

 
16

 
(25
)
 
(11
)
 
(10
)
Polyplastics Co., Ltd.
45
 
45
 
170

 
156

 
57

 
50

 
35

 
(64
)
 
(54
)
 
(20
)
Other Activities(2)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
InfraServ GmbH & Co. Gendorf KG(3)
39
 
39
 
41

 
38

 
4

 
7

 
7

 
(5
)
 
(5
)
 
(5
)
InfraServ GmbH & Co. Hoechst KG(1)
 
32
 

 
132

 

 
22

 
21

 

 
(30
)
 
(32
)
InfraServ GmbH & Co. Knapsack KG(3)
27
 
27
 
20

 
18

 
2

 
4

 
4

 
(4
)
 
(4
)
 
(3
)
Consumer Specialties
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sherbrooke Capital Health and
Wellness, L.P.(4)
10
 
10
 
3

 
3

 
1

 

 
(1
)
 

 

 

Total
 
 
 
 
817

 
697

 
183

 
155

 
181

 
(131
)
 
(131
)
 
(176
)
______________________________
(1) 
InfraServ GmbH & Co. Hoechst KG is owned primarily by an entity included in the Company's Advanced Engineered Materials segment. Prior to 2017, InfraServ GmbH & Co. Hoechst KG was owned primarily by an entity included in the Company's Other Activities segment. The Company's Consumer Specialties segment and Acetyl Intermediates segment also each hold an ownership percentage.
(2) 
InfraServ real estate service companies ("InfraServ Entities") own and operate sites in Frankfurt am Main-Hoechst, Gendorf and Knapsack, Germany. The InfraServ Entities were created to own land and property and to provide various technical and administrative services at these manufacturing locations.
(3) 
See Note 29 for further information.
(4) 
The Company accounts for its ownership interest in Sherbrooke Capital Health and Wellness, L.P. under the equity method of accounting because the Company is able to exercise significant influence.
Cost Method
Cost method investments and ownership interests by business segment are as follows:
 
Ownership
as of
December 31,
 
Carrying
Value
as of
December 31,
 
Dividend
Income for the
Year Ended
December 31,
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
2015
 
(In percentages)
 
(In $ millions)
Consumer Specialties
 
 
 
 
 
 
 
 
 
 
 
 
 
Kunming Cellulose Fibers Co. Ltd.
30
 
30
 
14

 
14

 
12

 
14

 
14

Nantong Cellulose Fibers Co. Ltd.
31
 
31
 
109

 
106

 
81

 
80

 
79

Zhuhai Cellulose Fibers Co. Ltd.
30
 
30
 
30

 
30

 
14

 
13

 
13

Other Activities
 
 
 
 
 
 
 
 
 
 
 
 
 
InfraServ GmbH & Co. Wiesbaden KG
8
 
8
 
5

 
5

 
1

 
1

 
1

Other
 
 
 
 
1

 

 

 

 

Total
 
 
 
 
159

 
155

 
108

 
108

 
107


Transactions with Affiliates
The Company owns manufacturing facilities at the InfraServ location in Frankfurt am Main-Hoechst, Germany and has contractual agreements with the InfraServ Entities and certain other equity affiliates and investees accounted for under the cost method. These contractual agreements primarily relate to energy purchases, site services and purchases of product for consumption and resale.
Transactions and balances with affiliates are as follows:
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(In $ millions)
Purchases
250

 
203

 
195

Sales

 
2

 


 
As of December 31,
 
2017
 
2016
 
(In $ millions)
Non-trade receivables
21

 
26

Total due from affiliates
21

 
26

 
 
 
 
Short-term borrowings(1)
32

 
17

Trade payables
36

 
45

Current Other liabilities
8

 
8

Total due to affiliates
76

 
70

______________________________
(1) 
The Company has agreements with certain affiliates whereby excess affiliate cash is lent to and managed by the Company at variable interest rates governed by those agreements.