NONCONTROLLING INTERESTS Noncontrolling Interests

9 Months Ended

Sep. 30, 2017

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 "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 three- and nine-month periods ended September 30, 2017 and 2016:

Noncontrolling Interests	Three Months Ended						Nine Months Ended
In millions	Sep 30, 2017			Sep 30, 2016			Sep 30, 2017			Sep 30, 2016
Balance at beginning of period	$	1,168		$	1,298		$	1,242		$	809
Net income attributable to noncontrolling interests	22			14			87			54
Distributions to noncontrolling interests 1	(7		)	(19		)	(55		)	(71		)
Acquisition of noncontrolling interests 2	—			—			—			473
Deconsolidation of noncontrolling interests 3	—			—			(119		)	—
Cumulative translation adjustments	5			21			33			48
Other	1			—			1			1
Balance at end of period	$	1,189		$	1,314		$	1,189		$	1,314

1. Net of dividends paid to a joint venture, which were reclassified to "Equity in earnings of nonconsolidated affiliates" in the consolidated statements of income and totaled zero for the three months ended September 30, 2017 (zero for the three months ended September 30, 2016) and $3 million for the nine months ended September 30, 2017 ($14 million for the nine months ended September 30, 2016).

2. Assumed in the DCC Transaction.

3. On June 30, 2017, the Company sold its ownership interest in the SKC Haas Display Films group of companies. See Note 10 for additional information.