Other Income, Net (Tables)

12 Months Ended

Dec. 31, 2023

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):

	2021		2022		2023
Gains/(Losses) on derivatives	$	(437)	$	(393)	$	177
Currency revaluation gains/(losses)	298		419		(216)
Interest and investment income (a) (b)	32		123		545
Gains/(Losses) on changes in investments in affiliates (c)	16		(231)		—
Other (a)	13		41		8
Total other income/(loss), net	$	(78)	$	(41)	$	514

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(a)Includes interest income, primarily on notes receivable, from affiliated companies of $10 million, $2 million, and $2 million for the years ended December 31, 2021, 2022, and 2023, 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, as well as impairment losses of non-consolidated investments of $9 million in the second quarter of 2023.

(c)Includes 2022 losses related to our restructuring in South America described in Note 12.