v3.19.3.a.u2
Equity Method Investments (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
The carrying value of the Company’s equity method investments as of December 31, 2018 and 2019 were as follows (in millions):
 
 
As of December 31,
 
 
2018
 
2019
MLU B.V. (1)
 
$
1,234

 
$
1,224

Mission Bay 3 & 4 (2)
 
78

 
140

Equity method investments
 
$
1,312

 
$
1,364

(1) Refer to Note 19 - Divestitures for further information.
(2) Refer to Note 16 - Variable Interest Entities ("VIEs") for further information.
The table below provides the composition of the basis difference as of December 31, 2019 (in millions):
 
 
As of December 31, 2019
Equity method goodwill
 
$
801

Intangible assets, net of accumulated amortization
 
118

Deferred tax liabilities
 
(30
)
Cumulative currency translation adjustments
 
(93
)
Basis difference
 
$
796