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Other Income/(Loss), Net (Tables)
9 Months Ended
Sep. 30, 2025
Other Income and Expenses [Abstract]  
Schedule of Other Nonoperating Income/(Loss)

Other income/(loss), net consists of the following:

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Gain/(loss) on disposal of operations

 

$

26

 

 

$

(1,190

)

 

$

40

 

 

$

(1,190

)

Net periodic pension and postretirement benefit credits/(costs) (i)

 

 

12

 

 

 

22

 

 

 

(50

)

 

 

65

 

Foreign exchange (loss)/gain (ii)

 

 

(2

)

 

 

(2

)

 

 

(11

)

 

 

2

 

Other

 

 

1

 

 

 

3

 

 

 

3

 

 

 

5

 

Other income/(loss), net

 

$

37

 

 

$

(1,167

)

 

$

(18

)

 

$

(1,118

)

 

(i)
For the nine months ended September 30, 2025, includes a pension settlement charge of $82 million. See Note 12 — Retirement Benefits.
(ii)
Includes the offsetting effects of the Company's foreign currency hedging program. See Note 9 — Derivative Financial Instruments.