OTHER INCOME, NET

12 Months Ended

Dec. 31, 2022

Component of Operating Income [Abstract]

OTHER INCOME, NET

NOTE 20. OTHER INCOME, NET

The components of Other income, net for the years ended December 31, 2022, 2021 and 2020 are as follows (in thousands):

	2022		2021		2020
Net gain on sale of business and other assets (1)	$	(26,183)	$	(4,516)	$	(16,353)
Foreign currency (gain) loss, net (2)	(2,087)		1,253		2,466
Net loss (gain) from our investments in the equity of other companies (3)	378		453		(2,160)
Other miscellaneous, net (4)	(6,162)		(16,964)		(5,063)
Other income, net	$	(34,054)	$	(19,774)	$	(21,110)

__________

(1)Amounts primarily relate to the sales of certain intellectual property rights and certain other assets including, in 2022 and 2021, assets associated with the sale transactions that are further discussed in Note 4. Discontinued Operations and Asset Sales.

(2)Amounts relate to the remeasurement of the Company’s foreign currency denominated assets and liabilities.

(3)Amounts relate to the income statement impacts of our investments in the equity of other companies, including investments accounted for under the equity method.

(4)Amounts in 2021 include gains of $15.5 million associated with the termination of certain contracts.