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Other Income, Net
12 Months Ended
Dec. 31, 2023
Other Income, Net [Abstract]  
Other Income, Net
8.
 
OTHER INCOME, NET
For the
Year ended December 31
millions of dollars
2023
2022
Interest income
$
 
43
$
 
25
AFUDC
 
38
 
52
Pension non-current service cost recovery
 
35
 
24
FX gains (losses)
 
20
(26)
TECO Guatemala Holdings award
(1)
-
 
 
63
Other
 
 
22
 
7
$
 
158
$
 
145
(1) On December 15, 2022, a payment of $
63
 
million was made by the Republic of Guatemala to TECO Energy in satisfaction of the
second and final award issued by the International Centre of the Settlement of Investment Disputes tribunal regarding a dispute
 
over
an investment in TGH, a wholly-owned subsidiary of TECO Energy.