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NONCONTROLLING INTERESTS
12 Months Ended
Dec. 31, 2019
Noncontrolling Interest [Abstract]  
NONCONTROLLING INTERESTS 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 years ended December 31, 2019, 2018 and 2017:

Noncontrolling Interests
 
 
 
In millions
2019
2018
2017
Balance at Jan 1
$
1,138

$
1,186

$
1,242

Net income attributable to noncontrolling interests - continuing operations
74

102

102

Net income attributable to noncontrolling interests - discontinued operations
13

32

28

Distributions to noncontrolling interests 1
(77
)
(145
)
(109
)
Impact of common control transaction 2
(353
)


Purchase of noncontrolling interests 3
(254
)


Deconsolidation of noncontrolling interests 4


(119
)
Cumulative translation adjustments
12

(39
)
41

Other

2

1

Balance at Dec 31
$
553

$
1,138

$
1,186

1.
Distributions to noncontrolling interests are net of $7 million in 2019 ($27 million in 2018 and $20 million in 2017) in dividends paid to a joint venture, which were reclassified to "Equity in earnings of nonconsolidated affiliates" in the consolidated statements of income. Also includes amounts attributable to discontinued operations of $7 million in 2019 ($37 million in 2018 and $28 million in 2017)
2.
Related to the separation from DowDuPont. See Note 4 for additional information.
3.
Relates to the acquisition of full ownership in a propylene oxide manufacturing joint venture, which occurred on October 1, 2019. See Note 25 for additional information. As a result of this arrangement, the carrying value of the noncontrolling interest was removed, and “Additional paid-in capital” was adjusted by $38 million.
4.
On June 30, 2017, the Company sold its ownership interest in the SKC Haas Display Films group of companies.