Other (Income)/Deductions - Net (Tables)

9 Months Ended

Sep. 30, 2022

Other Income and Expenses [Abstract]

Components of Other (Income)/Deductions—Net

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(MILLIONS OF DOLLARS)	2022		2021		2022		2021
Royalty-related income	$	(1)	$	(3)	$	(3)	$	(7)
Interest income	(13)		(1)		(20)		(4)
Identifiable intangible asset impairment charges	1		—		1		—
Other asset impairment charges	—		3		—		3
Net loss on sale of assets	—		—		—		3
Foreign currency loss(a)	11		8		36		20
Other, net	(1)		(3)		(8)		1
Other (income)/deductions—net	$	(3)	$	4	$	6	$	16

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