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OTHER OPERATING COSTS (INCOME), NET
 9 Months Ended
Sep. 30, 2012
OTHER OPERATING COSTS (INCOME), NET
OTHER OPERATING COSTS (INCOME), NET
Other operating costs (income), net:
•
includes both recurring and occasional income and expense items and
•
can fluctuate from year to year.

Items Included in Other Operating Costs (Income), Net
 
QUARTER ENDED
 
YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS    
SEPTEMBER 2012
 
SEPTEMBER 2011
 
SEPTEMBER 2012
 
SEPTEMBER 2011
Gain on sale of non-strategic timberlands
$
—

 
$
—

 
$
—

 
$
(152
)
Gain on postretirement plan amendment (Note 11)
—

 
—

 
(103
)
 
—

Gain on disposition of assets
(3
)
 
(6
)
 
(11
)
 
(14
)
Foreign exchange losses (gains), net
(10
)
 
18

 
(8
)
 
10

Land management income
(7
)
 
(6
)
 
(19
)
 
(19
)
Other, net
(8
)
 
(3
)
 
(6
)
 
(15
)
Total other operating costs (income), net
$
(28
)
 
$
3

 
$
(147
)
 
$
(190
)

The $152 million pretax gain on sale of non-strategic timberlands resulted from the sale of 82,000 acres in southwestern Washington. Timberland exchanges and smaller dispositions are included in our net sales and revenue and cost of products sold.
Foreign exchange losses (gains) result from changes in exchange rates, primarily related to our Canadian operations.
Land management income consists primarily of income derived from leasing, renting and granting easement and rights of way on our timberlands.