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OTHER OPERATING EXPENSE, NET | 6 Months Ended
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Jun. 30, 2022
Other Income and Expenses [Abstract] |
OTHER OPERATING EXPENSE, NET | OTHER OPERATING EXPENSE, NET Items included in Other operating expense, net consist of:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in millions) | 2022 |  | 2021 |  | 2022 |  | 2021
Merger, acquisition and divestiture expense, net | $ | 9 |  |  | $ | 15 |  |  | $ | 32 |  |  | $ | 28 |
Loss (gain) on sale of business (Note 3) | — |  |  | 7 |  |  | (24) |  |  | 7 |
Other expense (income), net | 10 |  |  | (3) |  |  | 6 |  |  | (8) |
Other operating expense, net | $ | 19 |  |  | $ | 19 |  |  | $ | 14 |  |  | $ | 27 |
Merger, acquisition and divestiture expense, net: During the three and six months ended June 30, 2022, the Company recorded merger, acquisition and divestiture expense, net of $9 million and $32 million, respectively, primarily related to professional fees associated with specific acquisition and disposition initiatives. During the three and six months ended June 30, 2021, the Company recorded merger, acquisition and divestiture expense of $15 million and $28 million, respectively. The expense for 2021 primarily related to professional fees for integration and other support associated with the Company’s acquisition of Delphi Technologies and professional fees associated with the acquisition of AKASOL.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI https://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI https://asc.fasb.org/topic&trid=49130413 + Details
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