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CONSOLIDATED ENTITIES AND EQUITY METHOD INVESTMENTS (Tables)
 6 Months Ended
Jun. 30, 2020
Regulated Operations [Abstract]  
Equity Method Investments
Selected financial information of SNG for the three and six months ended June 30, 2020 and 2019 is as follows:
Income Statement Information
Three Months Ended June 30, 2020
Three Months Ended June 30, 2019
Six Months Ended June 30, 2020
Six Months Ended June 30, 2019
 
(in millions)
Revenues
$
149

$
155

$
307

$
321

Operating income
78

86

176

192

Net income
55

64

130

148


The carrying amounts of Southern Company Gas' equity method investments as of June 30, 2020 and December 31, 2019 and related income from those investments for the three and six months ended June 30, 2020 and 2019 were as follows:
Investment Balance
June 30, 2020
December 31, 2019(a)
 
(in millions)
SNG(b)
$
1,189

$
1,137

PennEast Pipeline(c)
87

82

Other
32

32

Total
$
1,308

$
1,251


(a)
Excludes investments in Atlantic Coast Pipeline and Pivotal JAX LNG classified as held for sale at December 31, 2019. See Note 15 to the financial statements under "Assets Held for Sale" in Item 8 of the Form 10-K for additional information.
(b)
Increase primarily relates to a capital contribution, partially offset by the continued amortization of deferred tax assets established upon acquisition.
(c)
See Note (C) under "Other Matters – Southern Company Gas" for additional information on the PennEast Pipeline.
Schedule of Other Nonoperating Income, by Component
Earnings from Equity Method Investments
Three Months Ended June 30, 2020
Three Months Ended June 30, 2019
Six Months Ended June 30, 2020
Six Months Ended June 30, 2019
 
(in millions)
SNG
$
28

$
32

$
65

$
74

Atlantic Coast Pipeline(a)(b)
—

3

3

6

PennEast Pipeline(a)
1

1

3

3

Other
1

(5
)
1

(3
)
Total
$
30

$
31

$
72

$
80


(a)
Amounts primarily result from AFUDC equity recorded by the project entity.
(b)
On March 24, 2020, Southern Company Gas completed the sale of its interest in Atlantic Coast Pipeline. See Note (K) under "Southern Company Gas" for additional information.