Other Income, Net

3 Months Ended

Mar. 31, 2022

Other Income and Expenses [Abstract]

OTHER INCOME, NET

OTHER INCOME/(LOSS)

Other income/(loss) consists of various line items that are combined on the consolidated income statements due to their respective materiality compared with other individual income and expense items.

The amounts included in Other income/(loss), net for the periods ended March 31 were as follows (in millions):

	First Quarter
	2021		2022
Gains/(Losses) on derivatives	$	(265)	$	(123)
Currency revaluation gains/(losses)	183		152
Interest and investment income (a)	(2)		(5)
Gains/(Losses) on changes in investments in affiliates (b)	1		(195)
Other	8		2
Total other income/(loss), net	$	(75)	$	(169)

__________

(a)Includes a $20 million unrealized gain for an observable price event on a non-consolidated investment.

(b)Includes losses related to our restructuring in South America described in Note 10.