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Equity Method Investments (Tables) | 12 Months Ended
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Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Summarized Financial Information of Equity Method Investments | Summarized financial information related to our equity method investments is reflected below.
|  |  | As of December 31,
|  |  | 2019 |  | 2018
|  |  | (in millions)
Current assets |  |  | $ | 5,650 |  |  | $ | 5,695 |
Noncurrent assets |  |  | 69,232 |  |  | 69,445 |
Total assets |  |  | $ | 74,882 |  |  | $ | 75,140 |
Current liabilities |  |  | $ | 10,037 |  |  | $ | 9,434 |
Noncurrent liabilities |  |  | 27,642 |  |  | 29,296 |
Total liabilities |  |  | $ | 37,679 |  |  | $ | 38,730 |
Equity attributable to shareowners of investees |  |  | $ | 37,170 |  |  | $ | 36,365 |
Equity attributable to noncontrolling interests |  |  | 33 |  |  | 46 |
Total net equity of investees |  |  | $ | 37,203 |  |  | $ | 36,411 |
Mondelēz International ownership interests |  |  | 13-50% |  |  | 13-50% |
Equity method investments (1) |  |  | $ | 7,212 |  |  | $ | 7,123 |
| For the Years Ended December 31,
| 2019 |  | 2018 |  | 2017
| (in millions)
Net revenues | $ | 19,410 |  |  | $ | 14,185 |  |  | $ | 12,824 |
Gross profit | 9,733 |  |  | 6,076 |  |  | 4,913 |
Income from continuing operations | 1,991 |  |  | 1,980 |  |  | 1,118 |
Net income | 1,991 |  |  | 1,980 |  |  | 1,118 |
Net income attributable to investees | $ | 1,981 |  |  | $ | 1,970 |  |  | $ | 1,115 |
Mondelēz International ownership interests | 13-50% |  |  | 13-50% |  |  | 24-50% |
Mondelēz International share of investee net income | $ | 442 |  |  | $ | 536 |  |  | $ | 320 |
Keurig shareholder loan interest income | — |  |  | 12 |  |  | 24 |
Equity method investment net earnings | $ | 442 |  |  | $ | 548 |  |  | $ | 344 |
(1) Includes a basis difference of approximately $330 million as of December 31, 2019 and $340 million as of December 31, 2018 between the U.S. GAAP accounting basis for our equity method investments and the U.S. GAAP accounting basis of our investees’ equity.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
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