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OTHER CHARGES (INCOME), NET | 12 Months Ended
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Dec. 31, 2015
Other Income and Expenses [Abstract] |
OTHER CHARGES (INCOME), NET | OTHER (INCOME) CHARGES, NET
| For years ended December 31,
(Dollars in millions) | 2015 |  | 2014 |  | 2013
Foreign exchange transaction (gains) losses, net | $ | 6 |  |  | $ | (7 | ) |  | $ | 7 |
Financing costs related to the acquisition of Taminco | — |  |  | 10 |  |  | — |
(Income) loss from equity investments and other investment (gains) losses, net | (15 | ) |  | (13 | ) |  | (5 | )
Other, net | 1 |  |  | (5 | ) |  | 1 |
Other (income) charges, net | $ | (8 | ) |  | $ | (15 | ) |  | $ | 3 |
Included in other (income) charges, net are gains or losses on foreign exchange transactions, equity investments, business venture investments, non-operating assets, and certain litigation costs and earnings.

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3,6,7,9) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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