v3.3.1.900

Investments in Affiliates (Tables) | 12 Months Ended
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Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Equity Method Investments | The following is a summary of the combined financial information of significant affiliates accounted for under the equity method for continuing operations as of December 31, 2015 and 2014 and for the years ended December 31, 2015, 2014 and 2013 (unaudited):
| December 31,
| 2015 |  | 2014
| (in millions)
Current assets | $ | 205 |  |  | $ | 216 |
Non-current assets | 166 |  |  | 185 |
Total assets | $ | 371 |  |  | $ | 401 |
Current liabilities | $ | 125 |  |  | $ | 128 |
Non-current liabilities | 67 |  |  | 81 |
Shareholders’ equity | 179 |  |  | 192 |
Total liabilities and shareholders’ equity | $ | 371 |  |  | $ | 401 |
| Year Ended December 31,
| 2015 |  | 2014 |  | 2013
| (in millions)
Net sales | $ | 557 |  |  | $ | 624 |  |  | $ | 674 |
Gross profit | 139 |  |  | 143 |  |  | 141 |
Net income | 38 |  |  | 41 |  |  | 39 |
Investments in and Advances to Affiliates | A summary of transactions with affiliates is shown below:
| Year Ended December 31,
| 2015 |  | 2014 |  | 2013
| (in millions)
Sales to affiliates | $ | 42 |  |  | $ | 57 |  |  | $ | 47 |
Purchases from affiliates | 48 |  |  | 55 |  |  | 54 |

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
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- Definition Tabular disclosure of investments in and advances to affiliates. Does not include the tabular disclosure of the disaggregation of investments in and advances to affiliates across legal entities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14) -URI http://asc.fasb.org/extlink&oid=50485924&loc=d3e611322-123010 + Details
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