Other (Income)/Deductions - Net

3 Months Ended

Mar. 31, 2022

Other Income and Expenses [Abstract]

Other (Income)/Deductions - Net

7. Other (Income)/Deductions—Net

The components of Other (income)/deductions—net are as follows:

	Three Months Ended
	March 31,
(MILLIONS OF DOLLARS)	2022		2021
Royalty-related income	$	(1)	$	(2)
Interest income	(2)		(1)
Foreign currency loss(a)	11		3
Other, net	(1)		2
Other (income)/deductions—net	$	7	$	2

(a)    Primarily driven by costs related to hedging and exposures to certain emerging and developed market currencies.