Quarterly report pursuant to Section 13 or 15(d)

Gains (Losses) on Equity Investments, Net

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Gains (Losses) on Equity Investments, Net
 9 Months Ended
Sep. 27, 2014
Gains (Losses) on Equity Investments, Net [Abstract]  
Gains (Losses) on Equity Investments, Net [Text Block]
Note 18: Gains (Losses) on Equity Investments, Net
The components of gains (losses) on equity investments, net for each period were as follows:
 
 
Three Months Ended
 
Nine Months Ended
(In Millions)
 
Sep 27,
2014
 
Sep 28,
2013
 
Sep 27,
2014
 
Sep 28,
2013
Share of equity method investee losses, net
 
$
(17
)
 
$
(14
)
 
$
(42
)
 
$
(56
)
Impairment charges
 
(33
)
 
(33
)
 
(108
)
 
(110
)
Gains on sales, net
 
—

 
472

 
147

 
486

Dividends
 
1

 
1

 
54

 
46

Other, net
 
84

 
26

 
127

 
71

Total gains (losses) on equity investments, net
 
$
35

 
$
452

 
$
178

 
$
437


During the third quarter of 2013, we sold our shares in Clearwire Corporation, which had been accounted for as available-for-sale marketable equity securities, and our interest in Clearwire Communications, LLC (Clearwire LLC), which had been accounted for as an equity method investment. We received proceeds of $142 million on the sale of our shares in Clearwire Corporation and $328 million on the sale of our interest in Clearwire LLC. The proceeds received on the sale of our shares in Clearwire Corporation and our interest in Clearwire LLC are included in "sales of available-for-sale investments" and "other investing", respectively, within investing activities on the consolidated condensed statements of cash flows. During the third quarter of 2013, we recognized gains of $111 million on the sale of our shares in Clearwire Corporation and $328 million on the sale of our interest in Clearwire LLC. The total gain of $439 million on these transactions is included in "gains (losses) on equity investments, net" on the consolidated condensed statements of income.