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Other (Income) Expense - Net | 9 Months Ended
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Sep. 30, 2020
Other Income and Expenses [Abstract] |
Other (Income) Expense - Net | Other (Income) Expense - Net The following table sets forth the items in other (income) expense:
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
| (In millions)
Gains on sales of assets | $ | (68 | ) |  | $ | (7 | ) |  | $ | (132 | ) |  | $ | (37 | )
Early debt retirement charges | 396 |  |  | — |  |  | 410 |  |  | — |
Other – net | (50 | ) |  | (11 | ) |  | (99 | ) |  | (2 | )
Other (Income) Expense - Net | $ | 278 |  |  | $ | (18 | ) |  | $ | 179 |  |  | $ | (39 | )
Gains on sales of assets in the three months ended September 30, 2020 included gains related to the sale of a portion of the Company's shares in Wilmar, which decreased the Company’s ownership interest from 24.8% as of December 31, 2019 to 22.1% as of September 30, 2020, and net gains on the sale of certain other assets, and disposals of individually insignificant assets in the ordinary course of business. Gains on sales of assets in the nine months ended September 30, 2020 included gains on the sale of a portion of the Company's shares in Wilmar shares, an investment revaluation gain, net gains on the sale of certain assets, and disposals of individually insignificant assets in the ordinary course of business. Gains on sales of assets in the three months ended September 30, 2019 included gains on disposals of individually insignificant assets in the ordinary course of business. Gains on sales of assets in the nine months ended September 30, 2019 included gains on the sale of certain assets, step-up gains on equity investments, and gains on disposals of individually insignificant assets in the ordinary course of business. Early debt retirement charges in the three and nine months ended September 30, 2020 related to multiple early debt redemptions and the $0.7 billion debt tender in September 2020 (see Note 9 for more information). Other - net in the three and nine months ended September 30, 2020 included the non-service components of net pension benefit income of $7 million and $28 million, respectively, and other income. Other - net in the nine months ended September 30, 2020 also included loss provisions related to the Company’s futures commission and brokerage business and foreign exchange gains. Other - net in the three and nine months ended September 30, 2019 included the non-service components of net pension benefit income of $2 million and $10 million, respectively, and other income, partially offset by foreign exchange losses.

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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://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
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