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Investment in Nonconsolidated Affiliates (Tables)
6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The following table represents the activity from the Company's investments in its nonconsolidated affiliates for the three and six months ended June 30, 2020 and 2019:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Equity in earnings (losses) of nonconsolidated affiliates, net of tax
$
4

 
$
17

 
$
17

 
$
33

Cash dividends received from nonconsolidated affiliates
$
5

 
$
12

 
$
18

 
$
27


The following tables present summarized aggregated financial information of the Company's nonconsolidated affiliates for the three and six months ended June 30, 2020 and 2019. The amounts represent 100% of the interest in the nonconsolidated affiliates and not the Company's proportionate share:
 
Three Months Ended June 30, 2020
Statements of Income
Otomotiv A.S.
 
Anqing TP Goetze
 
Other
 
Total
Sales
$
24

 
$
11

 
$
41

 
$
76

Gross profit
$
6

 
$
5

 
$
6

 
$
17

Income from continuing operations
$
4

 
$
4

 
$
2

 
$
10

Net income
$
5

 
$
4

 
$
2

 
$
11



 
Three Months Ended June 30, 2019
Statements of Income
Otomotiv A.S.
 
Anqing TP Goetze
 
Other
 
Total
Sales
$
85

 
$
39

 
$
120

 
$
244

Gross profit
$
22

 
$
10

 
$
23

 
$
55

Income from continuing operations
$
17

 
$
9

 
$
11

 
$
37

Net income
$
21

 
$
9

 
$
11

 
$
41

 
Six Months Ended June 30, 2020
Statements of Income
Otomotiv A.S.
 
Anqing TP Goetze
 
Other
 
Total
Sales
$
120

 
$
41

 
$
146

 
$
307

Gross profit
$
32

 
$
11

 
$
26

 
$
69

Income from continuing operations
$
27

 
$
11

 
$
11

 
$
49

Net income
$
23

 
$
10

 
$
8

 
$
41


 
Six Months Ended June 30, 2019
Statements of Income
Otomotiv A.S.
 
Anqing TP Goetze
 
Other
 
Total
Sales
$
176

 
$
78

 
$
245

 
$
499

Gross profit
$
43

 
$
26

 
$
46

 
$
115

Income from continuing operations
$
36

 
$
20

 
$
24

 
$
80

Net income
$
39

 
$
18

 
$
22

 
$
79


The Company's ownership interest in affiliates accounted for under the equity method is as follows:
 
June 30, 2020
 
December 31, 2019
Anqing TP Goetze Piston Ring Company Limited (China)
35.7
%
 
35.7
%
Anqing TP Powder Metallurgy Co., Ltd (China)
20.0
%
 
20.0
%
Dongsuh Federal-Mogul Industrial Co. Ltd. (Korea)
50.0
%
 
50.0
%
Farloc Argentina SAIC Y F (Argentina)
23.9
%
 
23.9
%
Federal-Mogul Powertrain Otomotiv A.S. (Turkey)
50.0
%
 
50.0
%
Federal-Mogul TP Liner Europe Otomotiv Ltd. Sti. (Turkey)
25.0
%
 
25.0
%
Federal-Mogul TP Liners, Inc. (USA)
46.0
%
 
46.0
%
Frenos Hidraulicos Automotrices, S.A. de C.V. (Mexico)
49.0
%
 
49.0
%
JURID do Brasil Sistemas Automotivos Ltda. (Brazil)
19.9
%
 
19.9
%
KB Autosys Co., Ltd. (Korea)
33.6
%
 
33.6
%
Montagewerk Abgastechnik Emden GmbH (Germany)
50.0
%
 
50.0
%

The Company's investments in its nonconsolidated affiliates at June 30, 2020 and December 31, 2019 is as follows:
 
June 30, 2020
 
December 31, 2019
Investments in nonconsolidated affiliates
$
513

 
$
518