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Financial Items | 12 Months Ended
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Dec. 31, 2020
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Financial Items |
8) | FINANCIAL ITEMS
8.1) | FINANCIAL EXPENSE
Consolidated financial expense in 2020, 2019 and 2018 includes $74, $77 and $74 of interest expense from financial obligations related to lease contracts (notes 15.2 and 17.2).
8.2) | FINANCIAL INCOME AND OTHER ITEMS, NET
The detail of financial income and other items, net in 2020, 2019 and 2018 was as follows:
|  |  |  |  | 2020 |  |  | 2019 |  |  | 2018 |
Effects of amortized cost on assets and liabilities and others, net 1 |  | $ |  |  |  |  | (122 | ) |  |  | (59 | ) |  |  | (59 | )
Results from financial instruments, net (notes 14.2 and 17.4) |  |  |  |  |  |  | (17 | ) |  |  | (1 | ) |  |  | 39 |
Foreign exchange results |  |  |  |  |  |  | 6 |  |  |  | (32 | ) |  |  | 10 |
Financial income |  |  |  |  |  |  | 20 |  |  |  | 21 |  |  |  | 18 |
Others |  |  |  |  |  |  | 3 |  |  |  | — |  |  |  | (10 | )
|  | $ |  |  |  |  | (110 | ) |  |  | (71 | ) |  |  | (2 | )
1 | The increase in 2020 is mainly a result of the decrease in the discount rates in the United Kingdom utilized by the Company to determine its environmental remediation liabilities.

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- Definition The disclosure of finance income (cost). [Refer: Finance income (cost)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_10_e&doctype=Standard -URIDate 2020-01-01 + Details
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