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Investment in Nonconsolidated Affiliates (Tables)
3 Months Ended
Mar. 31, 2021
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
The Company’s ownership interest in affiliates accounted for under the equity method is as follows:
March 31,
2021
December 31,
2020
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. (U.S.)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 March 31, 2021 and December 31, 2020 is as follows:
March 31,
2021
December 31,
2020
Investments in nonconsolidated affiliates$532 $581 
The following table represents the activity from the Company’s investments in its nonconsolidated affiliates for the three months ended March 31, 2021 and 2020:
Three Months Ended March 31,
20212020
Equity in earnings (losses) of nonconsolidated affiliates, net of tax$22 $13 
Cash dividends received from nonconsolidated affiliates$57 $13 

The following tables present summarized aggregated financial information of the Company’s nonconsolidated affiliates for the three months ended March 31, 2021 and 2020. The amounts represent 100% of the interest in the nonconsolidated affiliates and not the Company’s proportionate share:
Three Months Ended March 31, 2021
Statements of IncomeOtomotiv A.S.Anqing TP GoetzeOtherTotal
Sales$102 $49 $112 $263 
Gross profit$35 $14 $22 $71 
Income from continuing operations$32 $14 $15 $61 
Net income$34 $12 $10 $56 
Three Months Ended March 31, 2020
Statements of IncomeOtomotiv A.S.Anqing TP GoetzeOtherTotal
Sales$84 $30 $105 $219 
Gross profit$26 $$20 $52 
Income from continuing operations$23 $$$39 
Net income$18 $$$30