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Other Income (Expenses), Net
12 Months Ended
Dec. 31, 2016
Other Income and Expenses [Abstract]  
Other Income (Expenses) Net
OTHER INCOME (EXPENSES), NET

(in millions)
2016

2015

Equity component of AFUDC
$
37

$
23

Interest income
7

8

Equity income - Belize Electricity
7


Net gain on sale of commercial real estate and hotel assets (Note 28) (1)

109

Gain on sale of non-regulated generation assets (Note 28) (2)

56

Net foreign exchange gain

13

Loss on settlement of expropriation matters (Note 9)

(9
)
Other
2

(3
)
 
$
53

$
197

(1) 
Net of $23 million of expenses associated with the sale
(2) 
Net of $6 million of expenses and foreign exchange impacts associated with the sale

The net foreign exchange gain relates to the translation into Canadian dollars of the Corporation’s previous US dollar-denominated long-term other asset, representing the book value of the Corporation’s expropriated investment in Belize Electricity, up to the date of settlement of expropriation matters in August 2015 (Note 9). As a result of the settlement, the Corporation recognized an approximate $9 million loss in 2015. Unrealized foreign exchange gains and losses associated with the Corporation’s 33% equity investment in Belize Electricity are recognized on the balance sheet in accumulated other comprehensive income.