Annual report pursuant to Section 13 and 15(d)

Note 7 - Investment in Unconsolidated Affiliates - Summarized Financial Information of Unconsolidated Affiliates (Details)

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Note 7 - Investment in Unconsolidated Affiliates - Summarized Financial Information of Unconsolidated Affiliates (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Current assets $ 3,568 $ 3,755  
Current liabilities 1,979 2,008  
Noncontrolling interests 154 137  
Revenues [1] 6,018 6,797 $ 7,604
Gross profit 4,918 5,415 5,840
(Loss) income from continuing operations 291 429 689
Net income 1,034 562 337
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]      
Current assets 1,544 1,439  
Non-current assets 2,317 2,436  
Current liabilities 574 688  
Non-current liabilities 1,804 1,614  
Noncontrolling interests 6 7  
Revenues 3,544 4,025 2,181 [2]
Gross profit 338 454 221 [2]
(Loss) income from continuing operations (2) 99 124 [2]
Net income $ (2) $ 99 $ 124 [2]
[1] Geographic information for revenues is based upon countries into which product is sold.
[2] We began accounting for our investment in Venator as an equity method investment on December 3, 2018 and then as an investment in equity securities on December 23, 2020 and thereafter. Therefore, the summarized financial data only includes information for Venator for the years ended December 31, 2020 and 2019 and the period from December 3, 2018 through December 31, 2018.