Other Income, Net (Tables)

6 Months Ended

Jun. 30, 2022

Other Income and Expenses [Abstract]

Schedule of Other Income [Table Text Block]

The amounts included in Other income/(loss), net for the periods ended June 30 were as follows (in millions):

	Second Quarter				First Half
	2021		2022		2021		2022
Gains/(Losses) on derivatives	$	24	$	(383)	$	(241)	$	(506)
Currency revaluation gains/(losses)	(30)		417		153		569
Interest and investment income (a)	15		1		13		(4)
Gains/(Losses) on changes in investments in affiliates (b)	—		(36)		1		(231)
Other	4		22		12		24
Total other income/(loss), net	$	13	$	21	$	(62)	$	(148)

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(a)Includes a $20 million unrealized gain for an observable price event on a non-consolidated investment in the first quarter of 2022.

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