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Other (Income) Expense, Net
12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
Other (Income) Expense, Net Other (Income) Expense, Net
Other (income) expense, net, consisted of:
Years Ended December 31202320222021
Interest income$(365)$(157)$(36)
Interest expense1,146 962 806 
Exchange losses370 237 297 
(Income) loss from investments in equity securities, net (1)
(340)1,419 (1,940)
Net periodic defined benefit plan (credit) cost other than service cost(498)(279)(212)
Other, net153 (681)(256)
 $466 $1,501 $(1,341)
(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.
Other, net (as reflected in the table above) in 2023 includes a $572.5 million charge related to settlements with certain plaintiffs in the Zetia antitrust litigation (see Note 11).
Interest paid was $1.1 billion in 2023, $937 million in 2022 and $779 million in 2021.