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NONCONTROLLING INTERESTS Noncontrolling Interests
12 Months Ended
Dec. 31, 2016
Noncontrolling Interest [Abstract]  
Noncontrolling Interest Disclosure [Text Block]
NONCONTROLLING INTERESTS

Ownership interests in the Company's subsidiaries held by parties other than the Company are presented separately from the Company's equity in the consolidated balance sheets as "Accrued and other current liabilities" and "Noncontrolling interests." The amount of consolidated net income attributable to the Company and the noncontrolling interests are both presented on the face of the consolidated statements of income.

The following table summarizes the activity for equity attributable to noncontrolling interests for the years ended December 31, 2016, 2015 and 2014:

Noncontrolling Interests
In millions
2016

 
2015

 
2014

Balance at January 1
$
809

 
$
931

 
$
1,026

Net income attributable to noncontrolling interests
86

 
98

 
67

Distributions to noncontrolling interests (1)
(123
)
 
(76
)
 
(64
)
Capital contributions (2)

 
38

 
36

Purchases of noncontrolling interests (3)

 
(42
)
 
(56
)
Transfers of redeemable noncontrolling interest (4)

 
(108
)
 
(46
)
Acquisition of noncontrolling interests (5)
473

 

 

Cumulative translation adjustments
(4
)
 
(34
)
 
(29
)
Other
1

 
2

 
(3
)
Balance at December 31
$
1,242

 
$
809

 
$
931


(1)
Distributions to noncontrolling interests is net of $53 million for the year ended 2016 ($36 million in 2015 and $27 million in 2014) in dividends paid to a joint venture, which were reclassified to "Equity in earnings of nonconsolidated affiliates" in the consolidated statements of income.
(2)
Includes non-cash capital contributions of $21 million in 2015.
(3)
The 2016 value excludes a $202 million cash payment as the noncontrolling interest was classified as "Accrued and other current liabilities" in the consolidated balance sheets. The 2015 value excludes a $133 million cash payment for the purchase of a Redeemable Noncontrolling Interest. See Notes 6 and 20 for additional information.
(4)
See Notes 6 and 20 for additional information.
(5)
Assumed in the DCC Transaction. See Note 4 for additional information.