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OTHER INCOME (EXPENSE), NET
 12 Months Ended
Dec. 31, 2015
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE), NET
OTHER INCOME (EXPENSE), NET
The specific components of “Other income (expense), net” are as follows:
 
 
Year Ended December 31
 
 
2015
 
2014
 
2013
Loss on sale of equity method investment(a)
 
$
(11
)
 
$
—

 
$
—

Segmentation costs
 
(4
)
 
(10
)
 
—

Gain (loss) on sale of assets
 
4

 
1

 
(2
)
Foreign currency exchange
 
(3
)
 
(7
)
 
(10
)
Financing charges
 
(9
)
 
(6
)
 
(7
)
Third party royalty income
 
6

 
7

 
8

Unrealized gain on hedge instruments
 
—

 
1

 
—

Adjustment of Chapter 11 accrual
 
—

 
—

 
4

Other
 
12

 
3

 
4

 
 
$
(5
)
 
$
(11
)
 
$
(3
)
 
 
 
 
 
 
 
(a) See Note 12, Investment in Nonconsolidated Affiliates, for further details.