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Other Income and Expenses | 12 Months Ended
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Dec. 31, 2023
Other Income and Expenses [Abstract] |
Other (Expense) Income, Net | OTHER (EXPENSE) INCOME, NET Other (expense) income, net consisted of the following:
| December 31,
(DOLLARS IN MILLIONS) | 2023 |  | 2022 |  | 2021
Foreign exchange (losses) gains | $ | (77) |  |  | $ | (12) |  |  | $ | 3 |
Interest income | 5 |  |  | 15 |  |  | 8 |
(Losses) gains on business divestitures | (23) |  |  | 11 |  |  | 13 |
Gain on China facility relocation | 22 |  |  | — |  |  | — |
Pension-related benefit | 28 |  |  | 19 |  |  | 34 |
Other | 17 |  |  | 4 |  |  | — |
Other (expense) income, net | $ | (28) |  |  | $ | 37 |  |  | $ | 58 |

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- Definition The entire disclosure for the components of non-operating income or non-operating expense, including, but not limited to, amounts earned from dividends, interest on securities, gain (loss) on securities sold, equity earnings of unconsolidated affiliates, gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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