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Other Income
6 Months Ended
Jun. 30, 2011
Other Income and Expenses [Abstract]  
OTHER INCOME
OTHER INCOME


Other income consists of various line items that are combined on the consolidated statement of operations due to their respective materiality compared with other individual income and expense items. This footnote provides more detailed information contained within this item.


The following table summarizes amounts included in Other income, net for periods ended June 30 (in millions):


 
Second Quarter
 
First Half
 
2011
 
2010
 
2011
 
2010
Loss on extinguishment of debt
$
(27
)
 
$
(53
)
 
$
(34
)
 
$
(60
)
Gains/(Losses) on derivatives (a)
(10
)
 
138


 
(51
)
 
87


Currency revaluation losses
(23
)
 
(162
)
 
(7
)
 
(103
)
Interest and investment income
43


 
42


 
71


 
60


Insurance fee income
14


 
14


 
52


 
43


Other
10


 
60


 
53


 
108


Other income, net
$
7


 
$
39


 
$
84


 
$
135




(a)
Gains/(Losses) related to foreign currency derivatives were substantially offset by net revaluation impacts on foreign denominated debt. See Note 11 for detail by derivative instrument and risk type.