Other (Income) Expense, Net

9 Months Ended

Sep. 30, 2025

Other Income and Expenses [Abstract]

Other (income) expense, net, consisted of:


	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2025		2024		2025		2024
Interest income	$	(96)	$	(127)	$	(274)	$	(269)
Interest expense	327		330		946		943
Exchange losses	56		33		224		177
(Income) loss from investments in equity securities, net (1)	(373)		31		(563)		(169)
Net periodic defined benefit plan (credit) cost other than service cost	(152)		(157)		(452)		(476)
Other, net	—		(272)		(162)		(357)
	$	(238)	$	(162)	$	(281)	$	(151)

(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 owned directly 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 the third quarter and first nine months of 2024 includes $170 million of income related to the expansion of the existing development and commercialization agreement with Daiichi Sankyo (see Note 3).

Interest paid for the nine months ended September 30, 2025 and 2024 was $849 million and $822 million, respectively.