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OTHER INCOME (EXPENSE), NET (Tables)
 12 Months Ended
Dec. 31, 2020
Other Income and Expenses [Abstract]  
Schedule of components of other, net, which is included in other income (expense), net
Other, net, which is included in other income (expense), net, was as follows, in millions:
 202020192018
Income from cash and cash investments and short-term bank deposits
$3 $3 $5 
Equity investment income, net3 1 3 
Realized gains from private equity funds— — 1 
Foreign currency transaction (losses) gains (1)
(10)2 (8)
Net periodic pension and post-retirement benefit cost(35)(21)(14)
Dividend income10 — — 
Other items, net (2)
9 — (1)
Total other, net$(20)$(15)$(14)
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(1)Included in foreign currency transaction (losses) gains for 2020 was a $9 million deferred currency translation loss reclassified from accumulated other comprehensive loss in conjunction with the liquidation of certain UK dormant entities upon receiving final regulatory approval in 2020.
(2)Included in other items, net for 2020 was $9 million of miscellaneous income related to an escrow settlement.