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Other Income (Expenses), Net (Notes)
 9 Months Ended
Sep. 30, 2023
Other Income and Expenses [Abstract]  
Other Income (Expenses), Net Other Income (Expenses), Net
Other income (expenses), net consist of the following for the periods presented:

Three Months Ended September 30, Nine Months Ended September 30,
2023202220232022
Loss on extinguishment of debt (see Note 3)$— $— $— $(3)
Gain (loss) on financial instruments, net (see Note 6)70 (193)40 (178)
Net periodic pension benefits2 207 5 241 
Gain (loss) on equity investments, net(87)(51)(249)5 
$(15)$(37)$(204)$65 

During the three and nine months ended September 30, 2022, settlements for lump-sum distributions to pension plan participants exceeded the estimated annual interest cost of the plans. As a result, the pension liability and pension asset values were reassessed utilizing remeasurement date assumptions in accordance with the Company's mark-to-market pension accounting policy to record gains and losses in the period in which a remeasurement event occurs. Therefore, net periodic pension benefits includes a $189 million remeasurement gain recorded during the three and nine months ended September 30, 2022 which was primarily driven by changes in the discount rate offset by losses to record assets to fair value.
Loss on equity investments, net for the three and nine months ended September 30, 2023 is primarily related to our joint venture in Xumo, a next generation streaming platform jointly owned with Comcast Corporation.