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INVESTMENTS IN NONCONSOLIDATED AFFILIATES (Tables)
6 Months Ended
Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Aggregate Investments and Direct Ownership in Affiliates
The following represents the Company’s aggregate investments and direct ownership in these affiliates:
 
 
June 30
 
December 31
 
 
2016
 
2015
Investments in nonconsolidated affiliates
 
$
266

 
$
296

 
 
 
 
 
Direct ownership percentages
 
2% to 50%

 
2% to 50%

Representation of Amounts Reflected in Company's Financial Statements Related to Non-Consolidated Affiliates
The following table represents amounts reflected in the Company’s financial statements related to nonconsolidated affiliates:
 
Three Months Ended
 
Six Months Ended
 
June 30
 
June 30
 
2016
 
2015
 
2016
 
2015
Equity earnings of nonconsolidated affiliates
$
19

 
$
16

 
$
33

 
$
28

 
 
 
 
 
 
 
 
Cash dividends received from nonconsolidated affiliates
$
59

 
$
6

 
$
65

 
$
6

Aggregated Financial Information of Non-Consolidated Affiliates
The following tables present summarized aggregated financial information of the Company’s nonconsolidated affiliates for the three and six months ended June 30, 2016 and 2015. The amounts represent 100% of the interest in the nonconsolidated affiliates and not the Company's proportionate share.
 
 
Three months ended June 30, 2016
Statements of Operations
 
Turkey JVs
 
Anqing TP Goetze
 
All Other
 
Total
Sales
 
$
96

 
$
42

 
$
121

 
$
259

Gross profit
 
$
26

 
$
13

 
$
27

 
$
66

Income from continuing operations
 
$
25

 
$
12

 
$
17

 
$
54

Net income
 
$
20

 
$
12

 
$
16

 
$
48


 
 
Three months ended June 30, 2015
Statements of Operations
 
Turkey JVs
 
Anqing TP Goetze
 
All Other
 
Total
Sales
 
$
86

 
$
45

 
$
88

 
$
219

Gross profit
 
$
20

 
$
15

 
$
11

 
$
46

Income from continuing operations
 
$
22

 
$
14

 
$
6

 
$
42

Net income
 
$
18

 
$
14

 
$
6

 
$
38



 
 
Six Months Ended June 30, 2016
Statements of Operations
 
Turkey JVs
 
Anqing TP Goetze
 
All Other
 
Total
Sales
 
$
187

 
$
80

 
$
233

 
$
500

Gross profit
 
$
50

 
$
24

 
$
52

 
$
126

Income from continuing operations
 
$
43

 
$
21

 
$
32

 
$
96

Net income
 
$
34

 
$
21

 
$
30

 
$
85


 
 
Six Months Ended June 30, 2015
Statements of Operations
 
Turkey JVs
 
Anqing TP Goetze
 
All Other
 
Total
Sales
 
$
168

 
$
92

 
$
172

 
$
432

Gross profit
 
$
39

 
$
30

 
$
20

 
$
89

Income from continuing operations
 
$
37

 
$
27

 
$
11

 
$
75

Net income
 
$
30

 
$
27

 
$
11

 
$
68