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Other Income (Loss), Net
3 Months Ended
Mar. 31, 2014
Other (Loss) Income, Net [Abstract]  
Other (Loss) Income, Net
Other Income (Loss), Net.
Other income (loss), net consists of the following:
 
Three Months Ended March 31,
  
2014
 
2013
 
(in millions)
Realized and unrealized gain (loss) on derivatives, net
$
109

 
$
(20
)
Gain (loss) on disposition of assets
5

 
(47
)
(Loss) gain on extinguishment of debt
(126
)
 
5

Tax settlement gain
32

 

Equity earnings from non-consolidated affiliates
13

 
8

Foreign currency translation (loss) gain
(3
)
 
2

Other
5

 
7

 
$
35

 
$
(45
)
As further described in Note 10, "Debt," during the first quarter of 2014, we had various debt refinancing transactions and recorded an aggregate loss on extinguishment of debt of $126 million.
As further described in Note 17, "Commitments and Contingencies - Gaming," during the first quarter of 2014, our Gaming segment received approximately $32 million in cash as payment to satisfy future credits in connection with a certain negotiated tax settlement.
During the first quarter of 2013, our Automotive segment recorded a loss on disposal of assets of $47 million related to the disposal of its sintered components operations located in France. Because the financial results from the disposal of this business were not material, individually or in the aggregate, to our consolidated financial statements, we did not reflect the dispositions of these businesses as discontinued operations in the first quarter of 2013 or on a retrospective basis.