Other Income, Net (Tables)

12 Months Ended

Dec. 31, 2022

Other Income and Expenses [Abstract]

Schedule of Other Income [Table Text Block]

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

	2020		2021		2022
Gains/(Losses) on derivatives	$	341	$	(437)	$	(393)
Currency revaluation gains/(losses)	(437)		298		419
Interest and investment income (a) (b)	119		32		123
Gains/(Losses) on changes in investments in affiliates (c)	(17)		16		(231)
Other (a)	17		13		41
Total other income/(loss), net	$	23	$	(78)	$	(41)

__________

(a)Includes interest income primarily on notes receivable from affiliated companies of $13 million, $10 million, and $2 million for the years ended December 31, 2020, 2021, and 2022, respectively.

(b)Includes a $20 million unrealized gain for an observable price event on a non-consolidated investment for the year ended December 31, 2022.

(c)Includes losses related to our restructuring in South America described in Note 12.