Analyzing Equity Method Investment Footnotes Merck & Co., Inc. reports a December 31, 2016 balance of $726 million in "Investments in affiliates accounted for using the equity method" ("Investments in affiliates").

Provide the entries for the following events for fiscal year 2017:

a. Merck's share of income from its affiliates was $53 million.

b. Merck received dividends and distributions from its affiliates of $4 million during fiscal year 2017.

Note: Enter answers in millions.

Ref.	Description	Debit	Credit
a.	AnswerCashDividend incomeGoodwillIncome from affiliatesInterest receivableInvestment in affiliatesRealized gainRealized lossRetained earningsUnrealized gain - AOCIUnrealized loss - AOCI	Answer	Answer
	AnswerCashDividend incomeGoodwillIncome from affiliatesInterest receivableInvestment in affiliatesRealized gainRealized lossRetained earningsUnrealized gain - AOCIUnrealized loss - AOCI	Answer	Answer
b.	AnswerCashDividend incomeGoodwillIncome from affiliatesInterest receivableInvestment in affiliatesRealized gainRealized lossRetained earningsUnrealized gain - AOCIUnrealized loss - AOCI	Answer	Answer
	AnswerCashDividend incomeGoodwillIncome from affiliatesInterest receivableInvestment in affiliatesRealized gainRealized lossRetained earningsUnrealized gain - AOCIUnrealized loss - AOCI	Answer	Answer

c. After these events, what should be the balance in Mercks investments in affiliates account at December 31, 2017? $Answer million