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OTHER CHARGES (INCOME), NET
 12 Months Ended
Dec. 31, 2016
Other Income and Expenses [Abstract]  
OTHER CHARGES (INCOME), NET
OTHER (INCOME) CHARGES, NET
 
For years ended December 31,
(Dollars in millions)
2016
 
2015
 
2014
Foreign exchange transaction losses (gains), net
$
27

 
$
6

 
$
(7
)
Financing costs related to the acquisition of Taminco
—

 
—

 
10

(Income) loss from equity investments and other investment (gains) losses, net
(15
)
 
(15
)
 
(13
)
Gain from sale of equity investment in Primester joint venture
(17
)
 
—

 
—

Other, net
(1
)
 
1

 
(5
)
Other (income) charges, net
$
(6
)
 
$
(8
)
 
$
(15
)


Included in other (income) charges, net are losses or gains on foreign exchange transactions, equity investments, business venture investments, non-operating assets, and certain litigation costs and earnings. Net losses from foreign exchange non-qualifying derivatives were partially offset by foreign exchange transaction gains, net, which include the revaluation of foreign entity assets and liabilities, both items impacted primarily by the euro in 2016. See Note 10, "Derivative and Non-Derivative Financial Instruments".

Included in 2016 other (income) charges, net is a gain of $17 million from the sale of the Company's interest in the Primester joint venture equity investment. For additional information, see Note 6, "Equity Investments". Additionally, 2016 other (income) charges, net includes cost of disposition of claims against operations that were discontinued by Solutia prior to the Company's acquisition of Solutia in 2012.