XML 65 R24.htm IDEA: XBRL DOCUMENT v3.25.0.1
Other (Income) Expense, Net
 12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
Other (Income) Expense, Net Other (Income) Expense, Net
Other (income) expense, net, consisted of:
Years Ended December 31202420232022
Interest income$(415)$(365)$(157)
Interest expense1,271 1,146 962 
Exchange losses227 370 237 
(Income) loss from investments in equity securities, net (1)
(14)(340)1,419 
Net periodic defined benefit plan (credit) cost other than service cost(633)(498)(279)
Other, net(460)153 (681)
 $(24)$466 $1,501 
(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 2024 includes $170 million of income related to the expansion of a collaboration agreement with Daiichi Sankyo (see Note 4). Other, net, in 2023 includes a $572.5 million charge related to settlements with certain plaintiffs in the Zetia antitrust litigation (see Note 10).
Interest paid was $1.3 billion in 2024, $1.1 billion in 2023 and $937 million in 2022.