Other Expense, Net

12 Months Ended

Dec. 31, 2021

Other Income and Expenses [Abstract]

Other Expense, Net

Note 4. Other Expense, Net

Other expense, net for the years ended December 31, 2021, 2020 and 2019, was comprised of the following:

(In millions)		2021		2020		2019
Foreign exchange loss	$	(2)	$	(4)	$	(12)
Loss on commodity contracts (1)		(85)		(22)		—
Income from equity method investments		19		8		10
Insurance recovery (2)		—		15		—
Provision related to a litigation (3)		(1)		—		(23)
Miscellaneous (expense) income		(1)		(1)		3
	$	(70)	$	(4)	$	(22)

(1)Principally related to lumber futures contracts; none of these contracts were outstanding as of December 31, 2021.

(2)We recorded $15 million as other income for the year ended December 31, 2020, from the settlement of an insurance claim in connection with our acquisition of Atlas Paper Holdings, Inc. (or, “Atlas”) in 2015.

(3)We accrued C$30 million of legal indemnity and interest costs for the year ended December 31, 2019, in connection with the Quebec Superior Court decision of the fair value of the shares of former dissenting shareholders of Fibrek Inc. (or, “Fibrek”) upon acquisition in 2012. See Note 18, “Commitments and Contingencies - Fibrek acquisition,” for more information.