XML 120 R52.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments And Joint Ventures [Abstract]  
Schedule of Investments in Affiliates

The following table sets forth the carrying value, jurisdiction, and ownership percentages of the Company’s investments in affiliates at December 31, 2019 and 2018.

 

 

 

 

 

December 31, 2019

 

 

December 31, 2018

 

Investee

 

Jurisdiction

 

Carrying Value

 

 

Ownership

 

 

Carrying Value

 

 

Ownership

 

Chemours-Mitsui Fluorochemicals Company, Ltd.

 

Japan

 

$

96

 

 

50.0%

 

 

$

94

 

 

50.0%

 

The Chemours Chenguang Fluoromaterials Company Limited

 

China

 

 

33

 

 

50.0%

 

 

 

36

 

 

50.0%

 

Changshu 3F Zhonghao New Chemical Materials Co., Ltd.

 

China

 

 

33

 

 

10.0%

 

 

 

30

 

 

10.0%

 

 

 

 

 

$

162

 

 

 

 

 

 

$

160

 

 

 

 

 

Schedule of Changes in Investments in Affiliates

The following table sets forth the changes in the Company’s investments in affiliates for the years ended December 31, 2019, 2018, and 2017.

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Balance at January 1,

 

$

160

 

 

$

173

 

 

$

136

 

Equity in earnings of affiliates

 

 

29

 

 

 

43

 

 

 

33

 

Dividends

 

 

(28

)

 

 

(58

)

 

 

 

Currency translation and other

 

 

1

 

 

 

2

 

 

 

4

 

Balance at December 31,

 

$

162

 

 

$

160

 

 

$

173