INVESTMENTS

In June 2015, we sold our entire equity interest in Campofrío Food Group (CFG) to Alfa S.A.B. de C.V. (Alfa) for $354.0 million in cash. As of the date of the sale, the book value of our investment in CFG was $298.7 million. Additionally, we had $54.6 million of unrealized currency translation losses on our balance sheet related to our investment in CFG. As a result of the sale, we recognized a pre-tax gain of $0.7 million in non-operating (gain) loss in our consolidated condensed statements of income.

Investments consist of the following:



Equity Investment	% Owned	June 28, 2015		December 28, 2014
		(in millions)
CFG	37%	$	—	$	330.0
Mexican joint ventures	50%	120.2		142.8
Other	Various	26.2		25.2
Total investments		$	146.4	$	498.0

We record our share of earnings and losses from our equity method investments in income from equity method investments. Some of these results are reported on a one-month lag which, in our opinion, does not materially impact our consolidated condensed financial statements.

(Income) loss from equity method investments consists of the following:



		Three Months Ended						Six Months Ended
Equity Investment	Segment	June 28, 2015			June 29, 2014			June 28, 2015			June 29, 2014
		(in millions)						(in millions)
CFG	International	$	1.8		$	(0.1	)	$	4.9		$	(3.2	)
Mexican joint ventures	International	(0.6		)	(8.7		)	(7.8		)	(20.5		)
All other equity method investments	Various	(1.4		)	(2.1		)	(1.3		)	(2.3		)
Income from equity method investments		$	(0.2	)	$	(10.9	)	$	(4.2	)	$	(26.0	)