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Other Income/(Loss), Net (Tables)

6 Months Ended

Jun. 30, 2025

Other Income and Expenses [Abstract]

Schedule of Other Nonoperating Income/(Loss)

Other income/(loss), net consists of the following:

		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
Gain on disposal of operations		$	—			$	—			$	14			$	—
Net periodic pension and postretirement benefit credits/(costs) (i)			13				21				(62	)			43
Foreign exchange (loss)/gain (ii)			(5	)			1				(9	)			4
Other			1				1				2				2
Other income/(loss), net		$	9			$	23			$	(55	)		$	49

(i)For the six months ended June 30, 2025, includes a pension settlement charge of $82 million. See Note 12 — Retirement Benefits.

(ii)Includes the offsetting effects of the Company's foreign currency hedging program. See Note 9 — Derivative Financial Instruments.

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- Definition

Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items.

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