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Financial Expenses-Net
 12 Months Ended
Dec. 31, 2018
Financial Expenses-Net

NOTE 17—FINANCIAL EXPENSES—NET:

 

     Year ended December, 31  
     2018      2017      2016  
     (U.S. $ in millions)  

Venezuela devaluation (1)

    $ —        $ 42      $ 746  

Interest expenses and other bank charges

      920        875        546  

Income from investments

      (39 )       (84 )       (51 ) 

Foreign exchange (gains) losses—net

      13        65        (49 ) 

Other, net (2)

      65        (3 )       2  

Other-than-temporary impairment (3)

      —          —          136  
  

 

 

     

 

 

     

 

 

  

Total finance expense—net

    $ 959      $ 895      $ 1,330  
  

 

 

     

 

 

     

 

 

  

 

(1)

For further information regarding the Venezuela devaluation, refer to note 1a.
(2)

Other, net comprised mainly of a make-whole payment of $46 million following early redemption of senior notes during 2018.
(3)

Other-than-temporary impairment relates mainly to equity securities.