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Other (Income)/Deductions - Net
12 Months Ended
Dec. 31, 2019
Other Income and Expenses [Abstract]  
Other (Income)/Deductions - Net he components of Other (income)/deductions—net follow:
 
 
Year Ended December 31,
(MILLIONS OF DOLLARS)
 
2019

 
2018

 
2017

Royalty-related income(a)
 
$
(16
)
 
$
(28
)
 
$
(12
)
Interest income
 
(37
)
 
(31
)
 
(13
)
Net (gain)/loss on sale of assets(b)
 
(20
)
 
(40
)
 
11

Certain legal and other matters, net(c)
 

 

 
(8
)
Foreign currency loss(d)
 
16

 
31

 
29

Other, net(e)
 

 
(15
)
 
(1
)
Other (income)/deductions—net
 
$
(57
)
 
$
(83
)
 
$
6

(a) 
For 2017, includes an adjustment to our royalty income.
(b) 
For 2019, represents income resulting from a payment received pursuant to an agreement related to the 2016 sale of certain U.S. manufacturing sites.
For 2018, represents a gain on the divestiture of certain agribusiness products within our International segment, and a net loss related to sales of certain manufacturing sites and products as part of our supply network strategy initiative.
For 2017, primarily represents a net loss related to sales of certain manufacturing sites and products, including our manufacturing site in Guarulhos, Brazil, as part of our operational efficiency initiative and supply network strategy.
(c) 
For 2017, includes income associated with an insurance recovery related to commercial settlements, as well as a favorable outcome on a patent infringement settlement.
(d) 
Primarily driven by costs related to hedging and exposures to certain emerging market currencies.
(e) 
For 2018, primarily includes a net gain related to the relocation of a manufacturing site in China.