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Other (Expense) Income, Net (Tables)

12 Months Ended

Dec. 31, 2023

Other Income and Expenses [Abstract]

Schedule of Other (Expense) Income

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

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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