NONCONTROLLING INTERESTS Noncontrolling Interests

12 Months Ended

Dec. 31, 2020

The following table summarizes the activity for equity attributable to noncontrolling interests for the years ended December 31, 2020, 2019 and 2018:


Noncontrolling Interests
In millions	2020		2019		2018
Balance at Jan 1	$	553	$	1,138	$	1,186
Net income attributable to noncontrolling interests - continuing operations	69		74		102
Net income attributable to noncontrolling interests - discontinued operations	—		13		32
Distributions to noncontrolling interests 1	(55)		(77)		(145)


Impact of common control transaction 2	—		(353)		—
Purchase of noncontrolling interests 3	—		(254)		—



Deconsolidation of noncontrolling interests 4	(7)		—		—
Cumulative translation adjustments	9		12		(39)
Other	1		—		2
Balance at Dec 31	$	570	$	553	$	1,138

1.Distributions to noncontrolling interests are net of $7 million in 2020 ($7 million in 2019 and $27 million in 2018) in dividends paid to a joint venture, which were reclassified to "Equity in earnings (losses) of nonconsolidated affiliates" in the consolidated statements of income. Also includes amounts attributable to discontinued operations of $7 million in 2019 and $37 million in 2018.

2.Related to the separation from DowDuPont. See Note 3 for additional information.

3.Related to the acquisition of full ownership in a propylene oxide manufacturing joint venture, which occurred on October 1, 2019. See Note 24 for additional information. As a result of this arrangement, the carrying value of the noncontrolling interest was removed, and “Additional paid-in capital” was adjusted by $38 million.

4.Related to the divestiture of the Company's interest in a cogeneration facility in Brazil in the third quarter of 2020. See Note 24 for additional information.