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Other Operating-Net
 12 Months Ended
Dec. 31, 2024
Other Operating-Net  
Other Operating-Net Other Operating—Net
Details of other operating—net are as follows:
 Year ended December 31,
 202420232022
 (in millions)
Loss on disposal of property, plant and equipment$12 $4 $2 
Gain on sale of emission credits(47)(39)(6)
Loss on foreign currency transactions(1)
— — 28 
Unrealized gain on embedded derivative(2)
— — (14)
Other(3)
25 4 — 
Other operating—net
$(10)$(31)$10 
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(1)Loss on foreign currency transactions consists of foreign currency exchange rate impacts on foreign currency denominated transactions, including the impact of changes in foreign currency exchange rates on intercompany loans that were not permanently invested.
(2)Unrealized gain on embedded derivative consists of a reduction in the fair value of an embedded derivative liability related to the terms of our strategic venture with CHS.
(3)Other primarily includes the front-end engineering and design study costs related to our clean energy initiatives and gains on the recovery of certain precious metals used in the manufacturing process.