XML 92 R12.htm IDEA: XBRL DOCUMENT v3.3.0.814
OTHER INCOME, NET
9 Months Ended
Sep. 30, 2015
OTHER INCOME, NET.  
OTHER INCOME, NET

NOTE 6     OTHER INCOME, NET

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended 

 

Nine Months Ended 

 

 

 

September 30, 

 

September 30, 

 

 

    

2015

    

2014

    

2015

    

2014

 

Gain (loss) on asset and investment sales, net

 

$

66

 

$

41

 

$

109

 

$

92

 

Gain on deconsolidation of TMAC

 

 

76

 

 

 —

 

 

76

 

 

 —

 

Foreign currency exchange, net 

 

 

23

 

 

20

 

 

26

 

 

(5)

 

Refinery income, net

 

 

1

 

 

13

 

 

9

 

 

22

 

Impairment of investments

 

 

(29)

 

 

(3)

 

 

(102)

 

 

(4)

 

Other 

 

 

3

 

 

8

 

 

10

 

 

23

 

 

 

$

140

 

$

79

 

$

128

 

$

128

 

 

During the three months ended September 30, 2015, Newmont determined that TMAC should no longer be considered a VIE. As a result, Newmont deconsolidated the assets, liabilities and non-controlling interest related to TMAC for a gain of $76.

 

During the three months ended September 30, 2015, the Company recorded a gain of $53 related to the sale of its 60.64% ownership interest in EGR.