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Supplementary Information
 6 Months Ended
Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Additional Financial Information Disclosure [Text Block] SUPPLEMENTARY INFORMATION

Other Income - Net
Three Months Ended
June 30,
Six Months Ended
June 30,
(In millions)
2020
2019
2020
2019
Interest income
$
9

$
17

$
27

$
33

Equity in losses of affiliates - net
(2
)
(5
)
(3
)
(5
)
Net gain (loss) on sales of businesses and other assets1
16

2

(30
)
(11
)
Net exchange gains (losses)
1

(32
)
(60
)
(59
)
Non-operating pension and other post employment benefit credit2
91

46

182

97

Miscellaneous expenses - net3
(26
)
(28
)
(26
)
(24
)
Other income - net
$
89

$
—

$
90

$
31

 
1.
The six months ended June 30, 2020 includes a loss of $(53) million relating to the expected sale of the La Porte site, for which the company signed an agreement in 2020. The six months ended June 30, 2019 includes a loss of $(24) million relating to DAS’s sale of a joint venture related to synergy actions.
2.
Includes non-service related components of net periodic benefit credits (costs) (interest cost, expected return on plan assets, amortization of unrecognized (gain) loss, amortization of prior service benefit and settlement (loss) gain).
3.
Miscellaneous expenses - net, includes losses related to loss on sale of receivables, bank charges and other items.

The following table summarizes the impacts of the company's foreign currency hedging program on the company's results of operations. The company routinely uses foreign currency exchange contracts to offset its net exposures, by currency, related to the foreign currency-denominated monetary assets and liabilities. The objective of this program is to maintain an approximately balanced position in foreign currencies in order to minimize, on an after-tax basis, the effects of exchange rate changes on net monetary asset positions. The hedging program gains (losses) are largely taxable (tax deductible) in the U.S., whereas the offsetting exchange gains (losses) on the remeasurement of the net monetary asset positions are often not taxable (tax deductible) in their local jurisdictions. The net pre-tax exchange gains (losses) are recorded in other income - net and the related tax impact is recorded in (benefit from) provision for income taxes on continuing operations in the Consolidated Statements of Operations.
(In millions)
Three Months Ended
June 30,
Six Months Ended
June 30,
 
2020
2019
2020
2019
Subsidiary Monetary Position (Losses) Gains
 
 
 
 
Pre-tax exchange (losses) gains
$
(13
)
$
17

$
(239
)
$
7

Local tax benefits (expenses)
5

7

28

(3
)
Net after-tax impact from subsidiary exchange (losses) gains
$
(8
)
$
24

$
(211
)
$
4

 
 
 
 
 
Hedging Program Gains (Losses)
 
 
 
 
Pre-tax exchange gains (losses)
$
14

$
(49
)
$
179

$
(66
)
Tax (expenses) benefits
(3
)
11

(43
)
15

Net after-tax impact from hedging program exchange gains (losses)
$
11

$
(38
)
$
136

$
(51
)
 
 
 
 
 
Total Exchange Gains (Losses)
 
 
 
 
Pre-tax exchange gains (losses)
$
1

$
(32
)
$
(60
)
$
(59
)
Tax benefits (expenses)
2

18

(15
)
12

Net after-tax exchange gains (losses)
$
3

$
(14
)
$
(75
)
$
(47
)


Cash, cash equivalents and restricted cash
The following table provides a reconciliation of cash and cash equivalents and restricted cash (included in other current assets) presented in the Condensed Consolidated Balance Sheets to the total cash, cash equivalents and restricted cash presented in the Condensed Consolidated Statements of Cash Flows.
(In millions)
June 30, 2020
December 31, 2019
June 30, 2019
Cash and cash equivalents
$
2,809

$
1,764

$
2,077

Restricted cash
362

409

436

Total cash, cash equivalents and restricted cash
$
3,171

$
2,173

$
2,513



EID entered into a trust agreement in 2013 (as amended and restated in 2017), establishing and requiring EID to fund a trust (the "Trust") for cash obligations under certain non-qualified benefit and deferred compensation plans upon a change in control event as defined in the Trust agreement. Under the Trust agreement, the consummation of the Merger was a change in control event. Restricted cash at June 30, 2020, December 31, 2019, and June 30, 2019 is related to the Trust.