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EQUITY METHOD INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Summarized financial information of our equity method investments is presented as follows (in millions):
 
 
For the Year Ended December 31,
 
 
2019
 
2018
 
2017
Statement of Operations:
 
 
 
 
 
 
Operating revenue
 
$
120

 
$
112

 
$
17

Operating income
 
$
28

 
$
31

 
$
1

Net income
 
$
11

 
$
13

 
$
1

 
 
 
 
 
 
 
 
 
 
 
December 31,
 
 
 
 
2019
 
2018
Balance Sheet:
 
 
 
 
 
 
Current assets
 
 
 
$
180

 
$
80

Long-term assets
 
 
 
$
1,008

 
$
834

Current liabilities
 
 
 
$
104

 
$
69

Long-term liabilities
 
 
 
$
735

 
$
521



Our ownership percentages in our equity method investments are as follows:
 
 
December 31,
Ownership interest:
 
2019
 
2018
Dublin EfW (Ireland) (1)
 
50
%
 
50
%
Ambiente 2000 S.r.l. (Italy)
 
40
%
 
40
%
Earls Gate (UK) (2)
 
25
%
 
25
%
Rookery EfW (UK) (3)
 
40
%
 
—
%
Zhao County EfW (China) (4)
 
26
%
 
—
%
South Fork Plant (US)
 
—
%
 
50
%

(1)
We have a 50% indirect ownership of Dublin EfW, through our 50/50 joint venture with GIG, Covanta Europe Assets Ltd.
(2)
We have a 25% indirect ownership of Earls Gate, through our 50/50 joint venture with GIG, Covanta Green Jersey Assets Ltd., which owns 50% of Earls Gate