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Supplementary Information Other Income (Expense) - Net (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income $ 59 $ 36 $ 153 $ 75
Equity in earnings (losses) of affiliates - net (2) (1) 4 13
Net gain (loss) on sales of businesses and other assets 10 16 11 17
Net exchange gains (losses) [1] (102) (13) (242) (96)
Non-operating pension and other post employment benefit credit [2] (30) 22 (91) 170
Miscellaneous expenses - net [3] (84) (37) (189) (90)
Other income - net (149) 23 (354) 89
Hedging Program [Member]        
Net exchange gains (losses) 2 67 (60) 24
Hedging Program [Member] | Argentine Peso Devaluation [Member]        
Net exchange gains (losses) (83) (32) (150) (65)
Subsidiary Monetary Position        
Net exchange gains (losses) $ (104) $ (80) $ (182) $ (120)
[1] Includes net pre-tax exchange gains (losses) associated with the devaluation of the Argentine peso of $(83) million and $(150) million for the three and nine months ended September 30, 2023, respectively, and $(32) million and $(65) million for the three and nine months ended September 30, 2022, respectively.
[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 gain (loss).
[3] Includes estimated settlement reserves, losses on sales of receivables, and other items. The nine months ended September 30, 2023 also includes an adjustment to the Employee Retention Credit pursuant to the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act as enhanced by the Consolidated Appropriations Act (“CAA”) and American Rescue Plan Act (“ARPA”) due to a change in estimate, gains on the sale of assets and a loss on the sale of the company’s interest in an equity investment. The three and nine months ended September 30, 2022 also includes settlement costs associated with the Russia Exit and an Employee Retention Credit. The nine months ended September 30, 2022 also includes loss on the sale of the company’s interest in an equity investment and losses associated with a previously held equity investment.