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Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2019
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Schedule of Equity Method Investments
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,
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2017
 
2019
 
2018
 
2017
 
(In percentages)
 
(In $ millions)
Engineered Materials
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ibn Sina
25
 
25
 
164

 
164

 
68

 
96

 
58

 
(69
)
 
(112
)
 
(1
)
InfraServ GmbH & Co. Hoechst KG(1)(3)
32
 
32
 
116

 
129

 
14

 
20

 
19

 
(17
)
 
(25
)
 
(26
)
Fortron Industries LLC
50
 
50
 
133

 
122

 
18

 
14

 
17

 
(7
)
 
(3
)
 
(6
)
Korea Engineering Plastics Co., Ltd.
50
 
50
 
146

 
150

 
27

 
29

 
25

 
(28
)
 
(27
)
 
(25
)
Polyplastics Co., Ltd.
45
 
45
 
192

 
196

 
44

 
64

 
57

 
(39
)
 
(45
)
 
(64
)
Sherbrooke Capital Health and
Wellness, L.P.
(2)
 
10
 

 
2

 

 

 
1

 

 

 

Other Activities(3)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
InfraServ GmbH & Co. Gendorf KG(4)
30
 
30
 
38

 
36

 
8

 
7

 
4

 
(5
)
 
(5
)
 
(5
)
YNCORIS GmbH & Co. KG(4)(5)
22
 
22
 
16

 
16

 
3

 
3

 
2

 
(3
)
 
(4
)
 
(4
)
Total
 
 
 
 
805

 
815

 
182

 
233

 
183

 
(168
)
 
(221
)
 
(131
)
______________________________
(1) 
InfraServ GmbH & Co. Hoechst KG is owned primarily by an entity included in the Company's Engineered Materials segment. The Company's Acetyl Chain segment also holds an ownership percentage.
(2) 
The Company accounted for its ownership interest in Sherbrooke Capital Health and Wellness, L.P. ("Sherbrooke") under the equity method of accounting because the Company was able to exercise significant influence.
(3) 
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.
(4) 
See Note 18 for further information.
(5) 
Formerly known as InfraServ GmbH & Co. Knapsack KG
Schedule of summarized balance sheet information for Ibn Sina (National Methanol) [Table Text Block]
 
As of September 30,
 
2019
 
2018
 
(In $ millions)
Current assets
253

 
448

Noncurrent assets
871

 
825

Current liabilities
148

 
200

Noncurrent liabilities
433

 
450


Schedule of Summarized Income Statement Financial Information for Ibn Sina (National Methanol) [Table Text Block]
 
Twelve Months Ended
September 30,
 
2019
 
2018
 
2017
 
(In $ millions)
Revenues
726

 
913

 
759

Gross profit
299

 
396

 
306

Net income
227

 
322

 
256


Schedule of equity securities without readily determinable fair value
Equity investments without readily determinable fair values 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,
 
2019
 
2018
 
2019
 
2018
 
2019
 
2018
 
2017
 
(In percentages)
 
(In $ millions)
Acetate Tow
 
 
 
 
 
 
 
 
 
 
 
 
 
Kunming Cellulose Fibers Co. Ltd.
30
 
30
 
14

 
14

 
11

 
12

 
12

Nantong Cellulose Fibers Co. Ltd.
31
 
31
 
121

 
115

 
79

 
87

 
81

Zhuhai Cellulose Fibers Co. Ltd.
30
 
30
 
30

 
30

 
22

 
13

 
14

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

 
5

 
1

 
1

 
1

Other
 
 
 
 

 

 

 
4

 

Total
 
 
 
 
170

 
164

 
113

 
117

 
108


Schedule of Transactions with Affiliates
Transactions and balances with affiliates are as follows:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
(In $ millions)
Purchases
291

 
305

 
250

Sales and other credits
102

 
117

 
77

Interest expense
1

 
1

 


Schedule of Balances with Affiliates
 
As of December 31,
 
2019
 
2018
 
(In $ millions)
Trade receivables
1

 

Non-trade receivables
35

 
29

Total due from affiliates
36

 
29

 
 
 
 
Short-term borrowings(1)
67

 
50

Trade payables
43

 
46

Current Other liabilities
10

 
11

Total due to affiliates
120

 
107

______________________________
(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.