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NONCONSOLIDATED AFFILIATES (Tables)
6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Nonconsolidated Affiliates - Investments [Table Text Block]
The Company's investments in companies accounted for using the equity method ("nonconsolidated affiliates"), by classification in the interim Condensed Consolidated Balance Sheets, are shown in the following table:
Investments in Nonconsolidated Affiliates
June 30, 2020
December 31, 2019
In millions
Investments in nonconsolidated affiliates
$
1,212

$
1,204

Accrued and other current liabilities
(78
)
(85
)
Other noncurrent obligations
(270
)
(358
)
Net investment in nonconsolidated affiliates
$
864

$
761


Equity Method Investments [Table Text Block] The following table reflects the Company's principal nonconsolidated affiliates and its ownership interest (direct and indirect) for each at June 30, 2020:
 
Country
Ownership Interest
 
June 30, 2020
The HSC Group:
 
 
DC HSC Holdings LLC 1
United States
50.0
%
Hemlock Semiconductor L.L.C.
United States
50.1
%
1.
DC HSC Holdings LLC holds an 80.5 percent indirect ownership interest in Hemlock Semiconductor Operations LLC.

The following is summarized financial information for the Company's principal nonconsolidated equity method investments. The amounts shown below represent 100 percent of these equity method investments' results of operations:
Results of Operations
Six Months Ended June 30,
In millions
2020
2019
Revenues 1
$
345

$
367

Cost of sales 1
$
234

$
229

Income from continuing operations 2
$
203

$
135

Net income attributed to entities
$
198

$
119


1.
Includes revenues and cost of sales of $42 million and $55 million for the six months ended June 30, 2020 and 2019, respectively, that have not been eliminated between Hemlock Semiconductor L.L.C and DC HSC Holdings in the presentation of the summarized income statement information above.
2.
Includes benefits associated with customer contract settlements of approximately $165 million, partially offset by inventory valuation adjustments, for the six months ended June 30, 2020. The portion attributable to the Company was a net $64 million benefit.
The following table reflects the carrying value of the HSC Group investments at June 30, 2020 and December 31, 2019:
Investment in the HSC Group
 
Investment
In millions
Balance Sheet Classification
June 30, 2020
Dec 31, 2019
Hemlock Semiconductor L.L.C.
Other noncurrent obligations
$
(270
)
$
(358
)
DC HSC Holdings LLC
Investments in nonconsolidated affiliates
$
98

$
87