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OTHER INCOME (EXPENSE), NET
12 Months Ended
Dec. 31, 2013
OTHER INCOME (EXPENSE), NET  
OTHER INCOME (EXPENSE), NET

R. OTHER INCOME (EXPENSE), NET

        Other, net, which is included in other income (expense), net, was as follows, in millions:

 
  2013   2012   2011  

Income from cash and cash investments

  $ 3   $ 6   $ 8  

Other interest income

    2     1     1  

Income from financial investments, net (Note E)

    11     22     73  

Other items, net

    (20 )   (4 )   (5 )
               

Total other, net

  $ (4 ) $ 25   $ 77  
               
               

        In 2013, in conjunction with the transaction to sell the Danish ready-to-assemble cabinet business (included in discontinued operations), the Company also disposed of a related Danish holding company. This disposition triggered the settlement of loans, which resulted in the recognition of $18 million of currency translation expense, which is included in other income (expense) from continuing operations in the statement of operations.

        Other items, net, included realized foreign currency transaction losses of $18 million (discussed above), $2 million and $5 million in 2013, 2012 and 2011, respectively, as well as other miscellaneous items.