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Other Income (Loss)
12 Months Ended
Dec. 31, 2023
Other Income, Nonoperating [Abstract]  
Other income (loss) Other income (loss)
In millionsYear ended December 31,202320222021
Gain on disposal of property$129 $— $— 
Gain on disposal of land7 15 23 
Gain (loss) on foreign currency (1)
7 (7)
Gain (loss) on equity investment with readily determinable fair values (29)20 
Other(9)(6)(2)
Total other income (loss)$134 $(27)$43 
(1)Includes foreign exchange gains and losses related to foreign exchange forward contracts and the re-measurement of foreign currency denominated monetary assets and liabilities. See Note 23 – Financial instruments for additional information.
Disposal of property
On December 13, 2023, the Company completed the sale of a portion of land within the Bala Subdivision located in Markham and Richmond Hill, Ontario, Canada for cash proceeds of $129 million which resulted in a gain of $129 million ($112 million after tax) as the carrying amount of the land was nominal.