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Other (Income) Expense (Tables)
12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
Schedule of Other Income and Expense

 

 

 

 

 

 

 

 

 

(In millions)

 

2024

 

 

2023

 

 

2022

 

Non-service related pension and other postretirement benefits cost

 

$

99

 

 

$

148

 

 

$

178

 

Financing fees and financial instruments expense

 

 

62

 

 

 

59

 

 

 

40

 

Net foreign currency exchange (gains) losses

 

 

9

 

 

 

87

 

 

 

12

 

Interest income

 

 

(54

)

 

 

(84

)

 

 

(34

)

General and product liability expense - discontinued products

 

 

3

 

 

 

6

 

 

 

5

 

Royalty income

 

 

(21

)

 

 

(30

)

 

 

(27

)

Net (gains) losses on asset sales

 

 

(93

)

 

 

(104

)

 

 

(122

)

Miscellaneous (income) expense

 

 

27

 

 

 

26

 

 

 

23

 

 

$

32

 

 

$

108

 

 

$

75