Annual report pursuant to Section 13 and 15(d)

EQUITY METHOD INVESTMENTS (Tables)

v2.4.1.9
EQUITY METHOD INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2014
EQUITY METHOD INVESTMENTS [Abstract]  
Summary of financial information for equity method investees
A summary of financial information for our equity method investees in the aggregate is as follows (in millions):
Year Ended December 31,
2014

 
2013

 
2012

Net operating revenues
$
52,627

 
$
53,038

 
$
47,087

Cost of goods sold
31,810

 
32,377

 
28,821

Gross profit
$
20,817

 
$
20,661

 
$
18,266

Operating income
$
4,489

 
$
4,380

 
$
4,605

Consolidated net income
$
2,440

 
$
2,364

 
$
2,993

Less: Net income attributable to noncontrolling interests
74

 
62

 
89

Net income attributable to common shareowners
$
2,366

 
$
2,302

 
$
2,904

Equity income (loss) — net
$
769

 
$
602

 
$
819

December 31,
2014

 
2013

Current assets
$
16,184

 
$
19,229

Noncurrent assets
40,080

 
40,427

Total assets
$
56,264

 
$
59,656

Current liabilities
$
12,477

 
$
14,386

Noncurrent liabilities
16,657

 
17,779

Total liabilities
$
29,134

 
$
32,165

Equity attributable to shareowners of investees
$
26,363

 
$
26,668

Equity attributable to noncontrolling interests
767

 
823

Total equity
$
27,130

 
$
27,491

Company equity investment
$
9,947

 
$
10,393