Other Income, Net

9 Months Ended

Sep. 30, 2023

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 September 30 were as follows (in millions):

	Third Quarter				First Nine Months
	2022		2023		2022		2023
Interest and investment income (a)	$	30	$	135	$	26	$	378
Currency revaluation gains/(losses)	351		156		920		24
Gains/(losses) on derivatives	(301)		(98)		(807)		3
Gains/(losses) on changes in investments in affiliates (b)	—		—		(231)		—
Other	9		(6)		33		8
Total other income/(loss), net	$	89	$	187	$	(59)	$	413

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(a)Includes impairment losses of non-consolidated investments of $9 million in the second quarter of 2023.

(b)Includes 2022 losses related to our restructuring in South America described in Note 10.