Equity Method Investments (Tables)

3 Months Ended

Mar. 31, 2020

The table below provides the composition of the basis difference as of March 31, 2020 (in millions):



	As of March 31, 2020
Equity method goodwill	$	801
Intangible assets, net of accumulated amortization	112
Deferred tax liabilities	(25		)
Cumulative currency translation adjustments	(64		)
Basis difference	$	824

The carrying value of the Company’s equity method investments as of December 31, 2019 and March 31, 2020 were as follows (in millions):

⁽¹⁾Refer to Note 14 – Variable Interest Entities (“VIEs”) for further information on the Company’s interest in Mission Bay 3 & 4.