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Other expense | 12 Months Ended
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Dec. 31, 2024
Analysis of income and expense [abstract] |
Other expense | Other expense
For the year ended December 31 | Note | 2024 | 2023
Net mark-to-market losses on derivatives used to economically hedge equity settled share-based compensation plans |  | 29 | (269) |  | (103) |
Equity (losses) income from investments in associates and joint ventures |  | 20 |  |
| Loss on investment |  |  | (247) |  | (581) |
| Operations |  |  | 10 |  | 28 |
(Losses) gains on retirements and disposals of property, plant and equipment and intangible assets |  |  | (38) |  | 11 |
Interest income |  |  | 123 |  | 67 |
Gains on investments |  |  | 57 |  | 80 |
Early debt redemption costs |  | 25 | — |  | (1) |
Other |  |  | 59 |  | 33 |
Total other expense |  |  | (305) |  | (466) |
Equity (losses) income from investments in associates and joint ventures We recorded a loss on investment of $247 million and $581 million in 2024 and 2023, respectively, related to equity losses on our share of an obligation to repurchase at fair value the minority interest in Maple Leaf Sports and Entertainment Ltd. (MLSE). See Note 16, Assets and liabilities held for sale, for additional details. Gains on investments In 2024, we recorded a gain on investment of $69 million related to an obligation to repurchase at fair value the minority interest in one of our subsidiaries. In 2023, we completed the sale of our 63% ownership in certain production studios. We recorded net cash proceeds of $211 million and a gain on investment of $79 million. See Note 4, Business acquisitions and dispositions, for additional details. (Losses) gains on disposals of property, plant and equipment In 2023, in addition to losses recorded on retirements of property, plant and equipment, we sold land for total proceeds of $54 million and recorded a gain of $53 million as part of our real estate optimization strategy.

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