Interpreting Equity Method Investment Footnotes AT&T reports the following footnote to its 2015 10-K report LO2 AT&T Inc. Method Investments Investments in partnerships, joint ventures and less than majority diaries in which we have significant influence are accounted for under the equity The following table is a reconciliation of our investments in equity affililates as pre- Equity sented on our consolidated balance sheets. $ millions 2015 2014 Beginning of year 226 1,232 79 175 (30) (148) (3,817) 46 End of year .$1,606 $ 250 ... ed earnings from equity affiliates were $162 and $88 at December 31,2015 and 2014