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Other Income, Net
 12 Months Ended
Dec. 31, 2022
Other Income and Expenses [Abstract]  
Other Income, Net Other Income, Net
Year Ended December 31,
(In millions)202220212020
Pension financing benefits, net$20 $18 $14 
Pension settlement charge— — (5)
Gain on sale of investment3 — — 
Foreign currency translation charge(3)— — 
$20 $18 $9 
Pension financing benefits, net include return on assets net of interest costs and other amortization.
The gain on sale of investment represents the Company's sale of an equity investment recorded during the year ended December 31, 2022.

During the year ended December 31, 2022, the Company recorded a charge of $3 million related to foreign currency translation amounts recorded in accumulated other comprehensive loss associated with the close the Russian facility.
During 2020, the Company transferred a portion of the benefit obligation related to its defined benefit U.S. pension plan to a third-party issuer. The transaction met the criteria for settlement accounting, and accordingly, the Company recognized a $5 million pension settlement charge.