XML 41 R22.htm IDEA: XBRL DOCUMENT
v3.20.4

Other Income - Net | 12 Months Ended
--- | ---
Dec. 31, 2020
Other Income and Expenses [Abstract] |
Other Income - Net | Other Income - Net The Company derives income from items that are not considered operating activities. Income from these items is reported net of related expense. All components of net periodic pension and post-retirement benefit costs, excluding service cost, are included in other income - net on the consolidated income statement. Miscellaneous income (expense) may fluctuate due to timing and includes investment gains, losses and interest income as well as other non-operating activities. Interest income decreased from 2019 to 2020 primarily as a result of lower interest rates, partially offset by higher average investment balances. Interest income increased from 2018 to 2019 primarily as a result of higher average cash and short-term investment balances. Debt repurchase expense increased from 2019 to 2020 primarily as a result of long-term debt being redeemed earlier relative to maturity date. Other income – net consisted of the following:
| Fiscal Years
(Dollars in Millions) | 2020 |  | 2019 |  | 2018
Net Periodic Pension and Post-retirement Benefit Credit (a) | $ | 42 |  |  | $ | 43 |  |  | $ | 38 |
Interest Income | 17 |  |  | 48 |  |  | 32 |
Debt Repurchase Expense | (48) |  |  | (10) |  |  | — |
Miscellaneous Income | 8 |  |  | 7 |  |  | 4 |
Total Other Income - Net | $ | 19 |  |  | $ | 88 |  |  | $ | 74 |
(a) Excludes the service cost component of net periodic benefit cost.

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration