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Supplementary Information (Tables)
 6 Months Ended
Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Other Nonoperating Income (Expense)

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.
Foreign Currency Exchange Gain (Loss)
(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
)
Restrictions on Cash and Cash Equivalents
(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