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Other (Income)/Deductions - Net | 6 Months Ended
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Jun. 30, 2025
Other Income and Expenses [Abstract] |
Other (Income)/Deductions - Net | 7. Other (Income)/Deductions—Net The components of Other (income)/deductions—net are as follows:
|  | Three Months Ended |  | Six Months Ended
|  | June 30, |  | June 30,
(MILLIONS OF DOLLARS) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Interest income |  | $ | (19) |  |  | $ | (24) |  |  | $ | (42) |  |  | $ | (56) |
Identifiable intangible asset impairment charges(a) |  | 5 |  |  | 11 |  |  | 5 |  |  | 11 |
Net loss on sale of business(b) |  | 3 |  |  | 22 |  |  | 3 |  |  | 22 |
Foreign currency loss(c) |  | 14 |  |  | 18 |  |  | 22 |  |  | 37 |
Other, net |  | 1 |  |  | (2) |  |  | (2) |  |  | 3 |
Other (income)/deductions—net |  | $ | 4 |  |  | $ | 25 |  |  | $ | (14) |  |  | $ | 17 |
(a) For the three and six months ended June 30, 2025 and 2024, represents asset impairment charges related to our aquaculture product portfolio. (b) Represents a net loss related to the sale of our medicated feed additive product portfolio, certain water soluble products and related assets sold in 2024. For additional information, see Note 5. Divestitures. (c) Primarily driven by costs related to hedging and exposures to certain emerging and developed market currencies.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
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