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Other (Income) Expense, Net (Tables)
6 Months Ended
Jun. 30, 2022
Other Income and Expenses [Abstract]  
Other (Income) Expense, Net
Other (income) expense, net, consisted of: 
 Three Months Ended
June 30,
Six Months Ended
June 30,
($ in millions)2022202120222021
Interest income$(15)$(9)$(22)$(20)
Interest expense240 202 483 401 
Exchange losses86 114 124 155 
Loss (income) from investments in equity securities, net (1)
284 (280)991 (854)
Net periodic defined benefit plan (credit) cost other than service cost(27)(110)(148)(199)
Other, net(130)(20)(280)(41)
 $438 $(103)$1,148 $(558)
(1)    Includes net realized and unrealized gains and losses from investments in equity securities either owned directly or through ownership interests in investment funds. Unrealized gains and losses from investments that are directly owned are determined at the end of the reporting period, while gains and losses from ownership interests in investment funds are accounted for on a one quarter lag. The Company estimates that losses of approximately $135 million will be recorded in the third quarter of 2022 from ownership interests in investment funds.