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NONCONTROLLING INTERESTS Noncontrolling Interests
6 Months Ended
Jun. 30, 2017
Noncontrolling Interest [Abstract]  
Noncontrolling Interest Disclosure [Text Block]
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 three- and six-month periods ended June 30, 2017 and 2016:

Noncontrolling Interests
Three Months Ended
 
Six Months Ended

In millions
Jun 30, 2017

 
Jun 30, 2016

 
Jun 30, 2017

 
Jun 30, 2016

Balance at beginning of period
$
1,274

 
$
835

 
$
1,242

 
$
809

Net income attributable to noncontrolling interests
38

 
19

 
65

 
40

Distributions to noncontrolling interests (1)
(27
)
 
(41
)
 
(48
)
 
(52
)
Acquisition of noncontrolling interests (2)

 
473

 

 
473

Deconsolidation of noncontrolling interests (3)
(119
)
 

 
(119
)
 

Cumulative translation adjustments
3

 
10

 
28

 
27

Other
(1
)
 
2

 

 
1

Balance at end of period
$
1,168

 
$
1,298

 
$
1,168

 
$
1,298


(1)
Distributions to noncontrolling interests are net of $3 million for the three- and six-month periods ended June 30, 2017 ($14 million for the three- and six-month periods ended June 30, 2016) for dividends paid to a joint venture which were reclassified to "Equity in earnings of nonconsolidated affiliates" in the consolidated statements of income.
(2)
Assumed in the DCC Transaction.
(3)
On June 30, 2017, the Company sold its ownership interest in the SKC Haas Display Films group of companies. See Note 6 for additional information.