OTHER CHARGES (INCOME), NET

12 Months Ended

Dec. 31, 2017

Other Income and Expenses [Abstract]

OTHER (INCOME) CHARGES, NET



	For years ended December 31,
(Dollars in millions)	2017			2016			2015
Foreign exchange transaction losses (gains), net	$	5		$	27		$	6
(Income) loss from equity investments and other investment (gains) losses, net	(14		)	(15		)	(15		)
Cost of disposition of claims against discontinued Solutia operations	9			5			—
Gains from sale of businesses	(3		)	(17		)	—
Other, net	5			(6		)	1
Other (income) charges, net	$	2		$	(6	)	$	(8	)

In 2017, the net loss on the revaluation of foreign entity assets and liabilities was partially offset by a net gain on the foreign exchange non-qualifying derivatives, both items impacted primarily by the euro. See Note 9, "Derivative and Non-Derivative Financial Instruments". Also included in 2017 other (income) charges, net is a $9 million cost of disposition of claims against operations that were discontinued by Solutia prior to the Company's acquisition of Solutia in 2012 and a $3 million gain from the sale of the formulated electronics cleaning solutions business.

In 2016, the net loss from foreign exchange non-qualifying derivatives was partially offset by the net gain on the revaluation of foreign entity assets and liabilities, both items impacted primarily by the euro. Included in 2016 other (income) charges, net is $5 million cost of disposition of claims against operations that were discontinued by Solutia prior to the Company's acquisition of Solutia in 2012. Also 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 5, "Equity Investments".

In 2015, the net loss from foreign exchange non-qualifying derivatives was partially offset by the net gain on the revaluation of foreign entity assets and liabilities, both items impacted primarily by the euro.