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Other Income (Expense), net (Tables)

12 Months Ended

Dec. 31, 2024

Other Income and Expenses [Abstract]

Schedule of Other (Expense) Income

The components of other income (expense), net for the years ended December 31 are as follows:    

(in millions)			2024						2023						2022
Foreign exchange losses			$	(11)					$	(2)					$	(11)
Interest income			4						12						1
Unrealized gains on equity investments			—						7						22
Non-operating pension and postretirement benefit expense			(7)						(8)						(13)
U.S. pension plan settlement losses			—						—						(18)
Gains on divestitures, net of adjustments(a)(b)			24						2						—
Other(a)			(2)						2						7
Total			$	8					$	13					$	(12)

__________

(a)The Company has reclassified the amounts presented for the year ended December 31, 2023 and 2022 to conform to the current period’s presentation.

(b)See Note 4.

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- Definition

Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items.

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